Jared Kushner

And he talked about, with particular emphasis on kind of the Treaty of Unequals and then the Hundred Years of Humiliation.

And then you go through from Mao...

All the way to today, and you had China coming back and rising, and you could tell that he learned the lessons from the past and was very committed to kind of seeing China go through.

So that was a different time, right?

So China today is different than it was in 2017.

I remember President Xi was at Davos and he was vetted by all the top business people in the world as the... Donald Trump was the threat to the global world order.

President Xi was the champion of free trade and the biggest champion of environmentalism and fighting for climate change.

And...

And what occurred was President Trump came in and basically said, like, I think China has not been following the rules-based order.

Took very, very drastic approaches with tariffs.

Every time he would do the tariffs, again, you know, I had Mnuchin, our treasury sector, come to vonk my house.

If he does this, this is going to crash the whole economy.

I mean, these – and by the way, he believed it.

I mean, these were things that people were telling him would be very tough to do.

President Trump had a gentleman named Ambassador Lighthizer, Robert Lighthizer.

He was really the tip of the spear on all of our trade negotiations.

He worked very well with Secretary Mnuchin.

And we ended up increasing tariffs to numbers that hadn't...

even been thought could happen.

So we did the first round of tariffs.