Trump Asked: 'How Many More Trade Deals Beyond The Letters Will You Announce Before August 1st?'

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Speaking to reporters at JBA, President Trump was asked about future trade deals.

Transcript

00:00Mr. President, do you announce the Indonesia deal today?

00:03Do you announce the Indonesia trade deal today?

00:05How many more trade deals, beyond the letters,

00:07will you announce before on the purchase?

00:09The President, we're working on probably five or six.

00:14Of the five or six, I'm not sure I really want to do them.

00:18You know, you want somebody that knows how to negotiate.

00:21But we'll probably have two or three.

00:24You know, we insist on opening up the country,

00:26which is a big deal.

00:28Indonesia was great.

00:29He's a great President.

00:31And we made a terrific deal where they opened up the entire country

00:34to trade with the United States.

00:37We weren't allowed to go in and trade.

00:39I think something similar will happen with, I would say, India.

00:44And we have a couple of others.

00:46But I have to tell you, for the most part,

00:48I'm very happy with the letters.

00:50You know, the letters are a deal.

00:52You know, I can't explain it any better.

00:55The letters are a deal.

00:56The press doesn't want to pick that up.

00:58But I will veer from those deals on occasion when somebody is willing.

01:03Like if Japan would open up their country.

01:05They don't do that.

01:06They just don't do that.

01:07And I don't either — I don't subscribe to it one way or the other.

01:11But they won't do that.

01:13So we might just stick with the letter.

01:15South Korea is inclined to maybe do that.

01:18So we'll let you know.

01:19We'll let you know.

01:20But we have letters out.

01:21Every time I send out a letter, essentially, that's a deal.

01:24The Press.

01:25The Press.

01:26The Press.

01:27The Press.

01:28The Press.

01:29The Press.

01:30The Press.

01:31The Press.

01:32The Press.

01:33The Press.

01:34The Press.

01:35The Press.

01:36The Press.

01:37The Press.

01:38The Press.

01:39The Press.

01:40The Press.

01:41The Press.

01:42The Press.

01:43The Press.

01:44Billions of dollars to you and people.

01:46Are you a citizen of the country?

01:47The President of the United States.

01:48The President of the United States.

01:49All right, good.

01:51You'll be very happy because you're going to be

01:52getting a lot of money.

01:53Just like they found a budget surplus.

01:55We have a budget surplus of $25 billion.

01:58Everyone said, how did that happen?

01:59It hasn't happened in many years.

02:01It happened because of good management and

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