Critique of Business Diplomacy with China

Are they stupid?

And I say, "Absolutely, they're stupid." So, you know,

I don't blame

them. It's like if you make a bad business deal,

if you don't know what you're

doing, you don't, you know, you have to blame yourself.

I blame our leaders.

Here we have China

ripping this country off like nobody's ever seen before,

and we have the president of China come a few months ago to Washington,

and we give him a state dinner. Now, when people are screwing you, you

don't give them state dinners. You don't do it.

So what happens is we send him home, and then you heard my

statement, right?

I said, "No, no, we're not giving dinners.

What we do is we sit down in my office for a couple of hours.

We either make a deal where you stop manipulating your currency or not.

If we make a deal, you can have a state dinner if you want.

If you don't make a deal, you take McDonald's and you go home.

That's it." That's it.