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Speaker 1: Live from the Heartland and the Crossroads of America. It's

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Speaker 1: Tony Katz today.

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Speaker 2: Donald Trump in Asia, and if I listen to the sources,

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Speaker 2: we're working on some deals. We've got some possible trade

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Speaker 2: deals in a framework with China.

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Speaker 3: I don't know.

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Speaker 2: How that's supposed to work. I don't know whether or

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Speaker 2: not I believe it yet.

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Speaker 3: Why would I.

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Speaker 4: Believe anything having to do with China. We've been down

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Speaker 4: this road before.

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Speaker 2: But in all of these situations, in all of these places,

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Speaker 2: I will.

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Speaker 3: Continue to give the benefit of the doubt and.

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Speaker 2: Hope things work out. Why wouldn't I. But if they don't,

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Speaker 2: we're gonna, you know, we gotta say so. We gotta

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Speaker 2: be people who who say this isn't working. Tony Katz,

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Speaker 2: Tony Katz today, what are you doing?

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Speaker 5: Everybody?

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Speaker 2: Find everything at Tony kats dot com, streaming live at

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Speaker 2: the Youtubes's YouTube, dot com slash Tony Kats, and of

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Speaker 2: course on the Twitter x Tonykats, Facebook, Tony Kats Radio.

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Speaker 2: So the story is that they've worked out a framework.

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Speaker 2: I gotta admit, I'm not one hundred per sure what

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Speaker 2: a what a framework is. I don't know how how

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Speaker 2: that differs from anything else that we've ever seen. In

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Speaker 2: the end, does China buy American soybeans? And I did

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Speaker 2: just bring something up for the sake of bringing it up,

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Speaker 2: soybeans being unbelievably important to American farmers. Soybeans and really

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Speaker 2: byproducts utilized by the hog industry in China, which feeds

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Speaker 2: their people.

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Speaker 3: I mean, this is this is big stuff.

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Speaker 2: And they've been working on soybeans in South America and

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Speaker 2: other places and putting in rail to be able to

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Speaker 2: maneuver the stuff so they didn't have to have a

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Speaker 2: reliance on the United States. So there's a lot here.

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Speaker 2: There's a lot here in a conversation regarding what can

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Speaker 2: be seen as a level of a greet week.

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Speaker 4: We have read this morning that you said there is

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Speaker 4: a very successful framework in place.

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Speaker 3: Now tell us about that.

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Speaker 5: Please, thank you, Martha. Good to be with you.

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Speaker 6: So this was a fifth meeting that I've had with

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Speaker 6: my Chinese counterpart, the Vice Premier Hulifunk, and we covered

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Speaker 6: a wide range of issues, and I think we've reached

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Speaker 6: a substantial framework for the two leaders who will meet

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Speaker 6: in Korea next Thursday.

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Speaker 5: So you know, on the on the table, the.

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Speaker 6: President had given me maximum leverage when he threatened one

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Speaker 6: hundred percent tariffs if the Chinese imposed their rare earth

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Speaker 6: global export controls.

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Speaker 5: So I think we have averted that.

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Speaker 6: So the tariffs will be averted and we have a

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Speaker 6: regular meeting, regular quarterly meeting with the Chinese. It was

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Speaker 6: scheduled for November tenth or before November tenth. I don't

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Speaker 6: think we will have to have that, So we have

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Speaker 6: been rolling the tariffs quarterly.

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Speaker 5: So we agreed on that.

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Speaker 6: We also agreed on substantial agriculture purchases for US farmers.

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Speaker 6: We agreed that the Chinese would begin to help us

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Speaker 6: with the cursor chemicals for this terrible fentanyl epidemic that's

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Speaker 6: ravaging our country.

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Speaker 5: So I would say that it was a very good

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Speaker 5: meeting overall.

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Speaker 2: Unless you're gonna get the Chinese to say we'll no

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Speaker 2: longer take cartel money for fentanyl or or fentanyl related pharmaceuticals.

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Speaker 4: Well, I don't think we've got anything there. But what

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Speaker 4: else are you gonna What else is he gonna say?

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Speaker 3: When you're dealing with.

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Speaker 2: An adversary like China, who they meet our markets, we

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Speaker 2: want their productivity. It's it's hard, it's difficult, but trust

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Speaker 2: no no, thank.

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Speaker 3: You, Secretary Besson.

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Speaker 4: I have no trust in in the in the Chinese

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Speaker 4: and I think you.

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Speaker 3: Were a fool if you did.

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Speaker 2: Now Besson while he was there, he was he did

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Speaker 2: Martha Stewart's show on ABC and with NBC. It got

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Speaker 2: into a really interesting conversation about the shutdown.

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Speaker 7: Billing and now that's what's happening. But very quickly before

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Speaker 7: I let you go, we're now in the second longest

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Speaker 7: shutdown in US history. When will President Trump meet with

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Speaker 7: Democrats to try to bring this shutdown to a close

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Speaker 7: and get federal workers their paychecks back again, mister Secretary.

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Speaker 6: Well, Chris, I'm going to have to reject the premise

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Speaker 6: of your question.

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Speaker 5: Why did President Trump have to meet with Democrats.

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Speaker 6: Democrats just need to go into the Senate and vote

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Speaker 6: to in the shutdown.

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Speaker 7: President Trump has said in the passage up to the President,

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Speaker 7: and he said that in the past, he said, you

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Speaker 7: have to be a leader. The president has to lead,

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Speaker 7: You have to get people into a room, you have

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Speaker 7: to get a deal.

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Speaker 5: When's he going to do that?

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Speaker 6: Well, he is leading, and there's no deal to do

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Speaker 6: with Chuck Schumer. Chuck sh is trading off his polls

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Speaker 6: what's different than when he passed a clean cr in

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Speaker 6: the spring.

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Speaker 5: It's his polls.

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Speaker 6: You know, he's wre The whole country is being held

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Speaker 6: captive to AOC's polls.

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Speaker 2: That is correct. Now, Besson's good. Besson is able to

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Speaker 2: push back. And the first argument is the profound one.

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Speaker 2: Why does the president.

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Speaker 5: Have to meet with these people?

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Speaker 2: And we keep discussing it as we're on day twenty

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Speaker 2: seven of the shutdown.

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Speaker 3: They don't mean have a discussion.

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Speaker 2: When when Democrats say we'll meet with anyone, anywhere, anytime,

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Speaker 2: who cares? You want to extend the Obamacare subsidies. The

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Speaker 2: subsidies you were okay with them sunsetting at the end

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Speaker 2: of twenty twenty five, and you're blaming it on Republicans.

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Speaker 3: Why should Trump give you this. He's gonna take.

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Speaker 2: It anyway, that's what you're fighting. I can't believe no

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Speaker 2: one's talking about this. I'm off face, no, no, no,

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Speaker 2: I think I got a cold kitten.

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Speaker 3: Trump wont to extend them. He will extend them. He's

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Speaker 3: not going to agree with me. He's a populace. He's

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Speaker 3: going to extend them, and then he gets to take

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Speaker 3: credit for it. So Bessett was dealing with a bunch

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Speaker 3: of things. But back to.

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Speaker 4: This, this conversation about about trade.

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Speaker 3: The trip.

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Speaker 2: To Asia so far has been productive, rare minerals, treaty

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Speaker 2: with Malaysia, peace deal between Colombia not Columbia, sorry, Cambodia

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Speaker 2: and Thailand.

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Speaker 3: These are good things. It is today with Sonati.

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Speaker 4: It's Takachi, who is the now Prime Minister of Japan.

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Speaker 4: President Trump met with the emperor earlier today, right. Remember there,

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Speaker 4: they're very very far ahead of us when it comes

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Speaker 4: to the clock. That's Emperor Naruhito. But it is the

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Speaker 4: meeting with the Prime Minister that I think is very important,

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Speaker 4: and possibly more important than the conversation with g which

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Speaker 4: of course is the granddaddy. But the reason I think

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Speaker 4: it matters as twofold. First, what's interesting about Takaichi.

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Speaker 2: Is that she is considered, I think a little western looking.

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Speaker 2: She is considered she sees Margaret Thatcher as.

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Speaker 5: A role model.

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Speaker 3: And one of the.

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Speaker 2: Things that you just saw from her is that there

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Speaker 2: is a plan now being floated by the Japanese.

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Speaker 3: To purchase a fleet Afford F one fifties. And if

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Speaker 3: anything is.

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Speaker 2: Is gonna get Trump's attention, it's hey, I start by

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Speaker 2: buying five hundred and six hundred, two hundred and eight

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Speaker 2: hundred whatever it is American pickup trucks, to which when

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Speaker 2: Trump was told us, he's.

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Speaker 3: Like, hey, she's got good taste.

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Speaker 2: That's a hot truck, which which it is in full disclosure.

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Speaker 2: I drive the F one fifty. I drive the Lightning.

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Speaker 2: I have a forward sponsorship locally through a group called

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Speaker 2: Andy Moore Ford Fantastic People, and I like everybody knowing

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Speaker 2: where I'm at at all times. But it is with Japan,

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Speaker 2: and possibly a more focused Japan, that one may be

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Speaker 2: able to engage better pressures against China. So first of all,

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Speaker 2: there's the desire for Chinese hegemony ruling the area there of.

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Speaker 3: The Pacific Rim.

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Speaker 2: If you're going to rule the Pacific Rim, and of

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Speaker 2: course that means shipping, which is a massive problem. A

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Speaker 2: stronger Japan might mean better opportunities to keep Taiwan independent

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Speaker 2: and certainly strengthen bonds to help Taiwanese independence, or at

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Speaker 2: least repelling the concept of absorption by mainland China. These

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Speaker 2: things are real important to American strength because if you

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Speaker 2: can curtail Chinese growth, you are better off by multitudes.

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Speaker 3: So The question is what is the.

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Speaker 2: What is the possibility for Japan, How does that possibility

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Speaker 2: play with a South Korea that still deals with a

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Speaker 2: North Korean threat, and how.

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Speaker 3: They work and how they align.

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Speaker 2: Not so sure that South Korea is interested in playing

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Speaker 2: any level of second fiddle, but South Korea has its

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Speaker 2: own serious leadership issues. So keep an eye on this

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Speaker 2: conversation with Japan with this new leadership, and how that

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Speaker 2: plays out, how that creates a much a really interesting

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Speaker 2: kind of look into uh the where the relations are

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Speaker 2: and what the future is. It should be noted that

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Speaker 2: Takaichi a protege of Shinzo Abe, the former Prime minister,

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Speaker 2: the late Prime minister, and a supporter of at a

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Speaker 2: friend of Donald Trump in his first term. This as

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Speaker 2: a pressure point to China is a big one. As

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Speaker 2: for the trade deal, never forget that China needs us

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Speaker 2: to I would love to see the communist regime vanquished.

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Speaker 2: I would love to see Jijinping fail, whether that's in

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Speaker 2: the hands of his people or not leave that kind

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Speaker 2: of you know, twisted fairy tales.

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Speaker 3: Others. I'd like to see China not be a communist nation.

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Speaker 3: We'd all be better off.

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Speaker 2: But any trade deal must come with the caveat that

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Speaker 2: there is no trusting the Chinese regime. And so when

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Speaker 2: Scott Besstt, the Treasury Secretary, says there's a framework, I say, lovely, fantastic, terrific.

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Speaker 3: Trust it. Nope, not at all. I don't trust a framework,

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Speaker 3: and I don't trust China.

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Speaker 2: Thus I pay attention to what's happening with Japan because

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Speaker 2: that may help push China into places they don't necessarily

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Speaker 2: want to go. It also might upset China and make

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Speaker 2: them much more active, but I think.

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Speaker 3: They're gonna be much more active anyway.

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Speaker 2: The trip continues for President Trump will be following it here.

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Speaker 3: I'm Tony Katz. This is Tony Katz today