Howard Lutnick

You don't want to be this favored neighbor because you've taken it so for granted that you're willing to come to Davos and say there's two hegemonic powers in the world and we're going to decide which one we're going to work with.

Really?

You're going to either work with the United States of America where 75% of your economy is totally tied to it or China?

Why would you say that?

It just, I think it's political, you know, I think if we take it correctly, we should look at it as just political noise coming out of a prime minister and maybe this is working for his election, right?

Because I don't think it can be real because if you took out the math,

of Canada's economy and doing business with the United States of America's $30 trillion economy.

There's no such thing as changing what they have today.

No one would vote for changing what they had today.

Now, maybe they're marketing it well for their politics, but they're surely not marketing it well for their fundamental economics for long-term the United States.

So it's the H200, right?

So that's the chip we're talking about.

And Jensen Wang came to the Oval Office and he argued that this is a better chip than they can actually make in any scale, right?

So if we sell them to China, right, and Chinese businesses, then they'll start using them and they'll...

you know, develop on the American tech stack, and that will take some money away from the Chinese tech stack, and that's, it's an interesting argument.

There are two sides, there are strong two sides.

We shouldn't sell them any, or we should sell them the H200s.

And I stand right in the middle.

It was a really, really good discussion, okay?

And the president decided that, fine, we'll sell the H200s to them, okay?