.. I mean seriously, when you see what’s happening you look — we’re renegotiating NAFTA right now. I don’t know that we can make it good.
I tell people openly, because the best deal is to terminate it and then make a new deal. But I don’t know that we can make a deal because Mexico is so spoiled with this horrible deal that they’ve lived with, from our standpoint horrible.
So think of it, Mexico makes more than a hundred billion dollars a year on the United States. Now, how stupid is this.
But sometimes something is so good that you can’t — how do you? The best way? Terminate, let’s start all over again. Let’s start all over again. But some of the politicians are afraid to terminate, oh, we don’t want to terminate NAFTA. Take a look at these empty mills all over the place, that they turn into nursing homes, you know. Nice solid walls on the outside. But, it’s — it just can’t be.
I really think we’re making the point a lot of people are digging it. I will tell you, the people that really count, which is you, the workers, everybody, they’re really understanding what’s going on. Nobody’s done what I’m doing. I mean it’s sort of really virgin territory.
It’s absolutely virgin territory. It’s territory that our country for 50 or 60 or 70 years has not wanted to go there. They just haven’t for whatever reason.
And our wealth has been taken, our jobs have been taken, our companies have moved, and now they’re starting to move back. So it’s, it’s a formula that is, it’s just absolute — there’s disruption, there’s anger. And just remember, our friends that everybody says — our allies, our allies are wonderful — I love our allies. Our allies care about themselves, they don’t care about us. You look at our trade deficit with these countries are our allies. It’s unbelievable. And they understand it. I don’t blame them.
I told Japan — so we lose 100 billion dollars a year with Japan — 100 billion. So why aren’t we taxing their cars when they come in. Then we’d lose nothing. We might even make something. And you know what they’re going to do, they’re going to say we don’t want to pay that tax, so let’s build plants in the United States. They already have some. But they’ll expand them and they’ll build new plants. Because they don’t want to pay the tax — I want them to build new plants in the United States. Let them make United States here — like China makes them do, we have a company, they want to build planes over there, hate to say it, Boeing is being forced to build plants. I don’t like that, I don’t like it, so I’m not saying China’s wrong. I was with President Xi, I was with a big group of people, and I was saying how China is ripping off the United States. And he’s like “woo, this is uncomfortable.” [Laughter.] 700 press. I’m saying China is ripping off our — but I don’t blame you. I say, it’s great that you were able to do it for yourselves. I blame the people that represented our country, because they were not doing their job — they were delinquent in allowing this to happen to us. So we owe 21 trillion dollars. We lose 800 billion a year.
Josh will say, I don’t think I’m going to ruin [unintelligible.] Think of it, Josh. We lose 800 billion a year on trade. Who made these deals? Who made these deals?
Then you have certain people that think it’s okay to lose 800. You know, these worldly people. You know why they’re worldly people, because they have stuff on the other side. [Laughter.] That’s what it is. Can’t be any other reason. But we lose 800 billion dollars a year on trade. We lose our jobs, we lose everything.
And it’s not happening anymore, because it’s starting to come back. But over the next few months, you’re going to find it even more interesting. Because things are really — you know, we have, statutorily you have to do this, this, this, wait 90 days, wait six months, you can’t do it, you’re not allowed to legally. We have agreements that are so bad.We have one agreement with a trade. I said when does that agreement terminate, it’s terrible. Sir, there is no termination. I said, what do you mean? We don’t have the right to term — I said, well, okay, after 10 years, 20 years. No sir, there is no right of term — I said what the hell kind of — So you know what I did, I just terminated. [Applause.]
Which would mean that’s, we’ll call it unconstitutional. There’s no end date. There’s no nothing. I’ll give you another example, Mexico, so they have this great deal. The day it was signed, it was a bad deal, because they have a 16 percent VAT tax, and we don’t. So they were already up 16 percent before the deal. And nobody saw that. And by the time they realized it, the deal was gone. But instead of adjusting the deal — what was that, 30 years ago when it was first signed — instead of adjusting the deal, we lived with it. What the hell difference does it make?
So they had a 16 percent step up advantage on us, and they have for many years. And Mexico and Canada — and, by the way, Canada, they negotiate tougher than Mexico. Trudeau came to see me, he’s a good guy, Justin. He said, no, no, we have no trade deficit with you, we have none. Donald, please. Nice guy, good-looking, comes in — Donald, we have no trade deficit — he was very proud, because everybody else you know were getting killed with our, so he’s [unintelligible]. I said wrong, Justin, you do. I didn’t even know. Josh, I had no idea. I just said, you’re wrong. You know why? Because we’re so stupid. [Unintelligible, laughter] And I thought they were smart.
I said you’re wrong, Justin. He said, Nope, we have no trade deficit. I said, Well, in that case, I feel differently, I said, but I don’t believe it. I sent one of our guys out, his guy, my guy, they went out, I said, Check, because I can’t believe it.
.. Well sir you’re actually right. We have no deficit, but that doesn’t include energy and timber. But when you do we lose 17 billion dollars a year. It’s incredible. So you’re in good hands. And I need Josh to help [unintelligible]. [Applause.]
Claire McCaskill is a guaranteed negative vote on every single thing that you people stand for, and frankly that a vast majority of the people of Missouri stand for. It is a negative vote for our country. And you have to defeat Claire McCaskill. Last time she get very lucky. She got lucky — she was going to lose. That was a done deal. And then, something happened. I was watching, I said, oh! What happened. That was big! The next day I said, oh yeah, I was right, I watched that.
So you got to get her out. Bad for Missouri, bad for the country. And this is going to be a great United States senator. Thank you very much. [Applause.]