'RIPPING US OFF': Inside the high-stakes meeting that awaits Trump in China

Added: 2026-05-13

[00:00:00]Y WHICH HAS BEGUN TO HAPPEN."

[00:00:02]LET'S HOPE IT'S A NEGOTIATING TACTIC, JOINING US RIGHT NOW, MISSOURI SENATOR ERIC SMITH.

[00:00:12]ERIC, SHOULD THE FOCUS BE ON DECOUPLING OR DE RISKING?

[00:00:16]>> FOR ME, DECOUPLING.

[00:00:19]WE'VE HAD WORKING CLASS FAMILIES OF HAVING THEIR JOBS SENT OVERSEAS, WHICH HAS UNDERMINED THE WORKING CLASS IN THE COUNTRY.

[00:00:28]HONESTLY, TRUMP IS THE MOST IMPORTANT PRESIDENT ON THIS ISSUE WE'VE EVER HAD IN AMERICAN HISTORY.

[00:00:32]HE IDENTIFIED HOW CHINA HAS BEEN RIPPING US OFF.

[00:00:34]HE DIDN'T GO BY WAY OF THE PARTY LINE, BOTH REPUBLICANS AND DEMOCRATS, TO SORT OF CEDE TO THESE RIDICULOUS TRADE DEALS.

[00:00:43]I HOPE HE'LL OPEN UP MARKETS FOR AGRICULTURE THAT.

[00:00:45]WOULD BE A GOOD THING.

[00:00:47]YOU LOOK AT WHAT HE DID STOPPING THE PRE-CURSORS OF FENTANYL INTO THIS COUNTRY.

[00:01:00]HE UNDERSTANDS EXACTLY WHO THEY ARE.

[00:01:02]I WOULD SAY THIS, BRIAN, 21st, CENTURY WILL BE DETERMINE BY WHO WINS THIS GREAT COMPETITION.

[00:01:06]THE UNITED STATES OF AMERICA OR COMMUNIST CHINA.

[00:01:08]THOSE ARE THE STAKES SO I THINK IT'S GOOD THAT THE PRESIDENT IS GOING OVER THERE TO HAVE THIS SORT OF DIALOGUE BUT I THINK HE UNDERSTANDS ACUTELY THAT AMERICAN JOBS HAVE BEEN SHIPPED OVERSEAS FOR FAR TOO LONG.

[00:01:18]WE NEED TO BRING MANUFACTURING HOME AND REBUILD OUR WORKING CLASS.

[00:01:22]>> WE'RE FOCUSING ON IRAN, LOOK AT WHAT WE'VE DONE KILLING THEM OUT OF THE PANAMA CANAL.

[00:01:27]LOOK AT WHAT WE DID IN VENEZUELA.

[00:01:31]RESOLUTION THEIR INFLUENCE IN ARGENTINA.

[00:01:32]UP NEXT, CUBA.

[00:01:33]IF THAT DOESN'T IMPRESS CHUCK SCHUMER, HE KNOWS WHAT HE'S GOING TO SAY.

[00:01:37]EVERYTHING ANTI-TRUMP.

[00:01:38]WATCH.

[00:01:39]>> THERE IS AN OLD SAYING THAT ONLY NIXON COULD GO TO CHINA, BUT SOON THEY WILL SAY, ONLY TRUMP COULD SELL OUT TO CHINA.

[00:01:49]XI JINPING HAS DONALD TRUMP SALIVATING AT THE PROSPECT OF A TRILLION DOLLAR CHINESE INVESTMENT IN AMERICA.

[00:01:55]THAT WOULD THREATEN AMERICA'S SUPPLY CHAINS, THREATEN ECONOMIC INDEPENDENCE, THREATEN NATIONAL SECURITY.

[00:02:03]STRENGTH IN CHINA AT THE EXPENSE OF AMERICAN STRENGTH.

[00:02:07]>> BEFORE YOU HAVE AT THAT RIDICULOUS STATEMENT, HE WAS -- PRESIDENT TRUMP WAS LEFT WITH A GUN, A TICKING TIME BOMB ON HIS DESK AND THAT WAS RARE EARTH, WHICH CONTROLS OUR PHONES, MILITARY AND EVERYTHING ELSE THAT RUNS OUR COUNTRY AND THEY SAID, WE'RE GOING TO HOLD THAT BACK FOR A FEW MONTHS.

[00:02:22]WE HAD NO RECOURSE.

[00:02:23]WE HAD TO COME TO THE TABLE.

[00:02:25]SINCE THAT TIME THE PRESIDENT HAS SPENT THE LAST -- HE'S SPENT THE LAST YEAR AND A HALF DOING EVERYTHING HE CAN TO CONSOLIDATE AND MAKE SPECIAL EMERGENCY DEALS TO TO TO GET RARE EARTH CONTROL FOR OUR COUNTRY.

[00:02:36]THAT'S WHAT SENATOR SCHUMER'S PARTY LEFT.

[00:02:41]>> LISTEN, CHUCK SCHUMER AT THIS POINT, THE TDS HAS METASTASIZED.

[00:02:46]THAT'S ALL THEY HAVE IS TO OPPOSE EVERYTHING THAT TRUMP SUPPORTS.

[00:02:49]LOOK, YOU ARE RIGHT.

[00:02:51]WE HAVE TO BRING THE PHARMACEUTICAL PRODUCTION BACK HOME.

[00:02:54]WE HAVE -- WE CAN'T RELY ON CHINA FOR EVERYTHING WE NEED FROM iPHONES TO F-15s.

[00:02:59]I WOULD SAY THIS.

[00:03:00]PRESIDENT TRUMP IS ALSO INVESTING IN OUR MILITARY.

[00:03:02]CHINA HAS BEARING NAVY THAN WE HAVE RIGHT NOW.

[00:03:04]NOT A BETTER NAVY BUT A BIGGER NAVY.

[00:03:07]THEY ARE PLAYING FOR KEEPS BUT SO IS TRUMP.

[00:03:09]THE NEXT GENERATION FIGHTER, THE F-47 WILL BE BUILT IN ST. LOUIS, MISSOURI.

[00:03:14]TRUMP UNDERSTANDS THE STAKES.

[00:03:15]HE'S MODERNIZING OUR MILITARY.

[00:03:16]HE'S PREPARED FOR THIS COMPETITION WITH OUR CHIEF RIVAL ON THE WORLD STAGE, IT'S CHINA.

[00:03:21]SO YES, CRITICAL MINERALS IS IMPORTANT.

[00:03:23]THOSE RARETHS ARE VERY IMPORTANT AND HE'S THE SAME GUY THAT SCOFFED AT GREENLAND.

[00:03:27]OF COURSE, WE WANT TO BE ABLE TO DEVELOP THOSE CRITICAL MINERALS AND MINE THEM AND REFINE THEM IN GREENLAND AND IN PLACES LIKE THAT BECAUSE, YOU KNOW, CHINA IS DOING IT.

[00:03:36]THEY ARE SELLING IT ON THE WORLD MARKET.

[00:03:38]WE HAVE TO BE ABLE TO COMPETE.

[00:03:39]>> SO, I HAD A CHANCE TO TALK TO SPEAKER JOHNSON, WE'LL HAVE THE WHOLE INTERVIEW TOMORROW ON FOX A FRIENDS BUT I ASKED HIM, ONE OF THE BIG STORIES COMING OUT OF CHINA, THEY ARE GOING TO ASK PRESIDENT TRUMP, HE SAYS, I KNOW YOU HAVE A $14 BILLION CHECK FROM TAIWAN, FOR WEAPONS.

[00:03:55]I DON'T WANT YOU TO CASH IT.

[00:03:56]I DON'T WANT YOU TO SELL IT TO THEM.

[00:03:59]HERE'S WHAT SPEAKER JOHNSON SAID HE HOPES COMES OUT OF THIS.

[00:04:02]>> THE PRESIDENT HAS BEEN VERY CLEAR ABOUT THIS.

[00:04:05]THE DAYS OF AMERICA BEING TAKEN ADVANTAGE OF ARE OVER.

[00:04:07]WE'RE GOING TO HAVE FAIR TRADE AGREEMENTS, AND AMERICAN COMPANIES AND AMERICAN WORKERS ARE NOT GOING TO BE MISTREATED AGAIN.

[00:04:15]CHINA WAS ONE OF THE OFFENDERS IN THIS DISPARATE TRADE ARRANGEMENT AND I TRUST HIM TO NEGOTIATE A BETTER DEAL.

[00:04:23]>> BECAUSE WE'VE GOT TO MAKE -- TAIWAN STILL HAS TO BE A PORCUPINE, RIGHT?

[00:04:28]>> ABSOLUTELY.

[00:04:28]I WOULD ALSO SAY THIS, BRIAN, IT'S VERY IMPORTANT TO NOTE.

[00:04:31]PRESIDENT TRUMP IS THE FIRST PERSON THAT'S TAKEN ON THIS POST COLD WAR CONSENSUS, WHICH IS, THE SECURITY UMBRELLA FOR EUROPE WITHOUT THEM EVERY HAVING TO PAY FOR IT.

[00:04:41]THEY ARE STEPPING UP IN A MUCH MORE MEANINGFUL WAY.

[00:04:43]PRESIDENT TRUMP IS SAYING TO ARCS YOU NEED TO STEP UP FOR THE DEFENSE OF YOUR OWN CONTINENT BECAUSE, WE HAVE TO FOCUS ON THE WESTERN HEMISPHERE, HOMELAND, AND RECOGNIZE THE BIGGEST CHALLENGE WE HAVE ON THE WORLD STAGE IS THE INDO-PACIFIC.

[00:04:57]TAIWAN IS AN IMPORTANT PART OF THAT.

[00:04:59]TRUMP UNDERSTANDS.

[00:04:59]THIS DEMOCRATS HAVE NEVER EVEN GIVEN LIP SERVICE TO THIS REALITY THAT WE CAN'T BE EVERYWHERE ALL AT ONCE ALL THE TIME SO PRESIDENT TRUMP IS VERY FOCUSED ON THE HOMELAND, WESTERN HEMISPHERE.

[00:05:09]YOU MENTIONED THE PANAMA CANAL.

[00:05:11]THAT, AGAIN, GET THE CHINESE OUT OF THOSE PORTS, AND THIS