tv President Signs Trade Restrictions CSPAN January 29, 2018 8:55am-9:14am EST
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we appreciate, bob, your efforts. you've worked so hard and so long with our team, and it's all happening, and it's been happening at a very rapid rate. and you'll see what's going to take place over the next number of months. based on the recommendation of the independent with bipartisan u.s. international trade commission, i am taking reaction to im-- taking action to impose safeguard tariffs on imported residential washing machines and all solar products. my administration is committed to defending american companies, and they've been very badly hurt from harmful import surges that threaten the livelihood of their workers, of jobs actually all over this country, many different industries. today i'm also directing ambassador lighthizer to continue supporting industry discussions, to resolve duties on these and similar products in the united states and china. we support a resolution that is in the interest of american
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workers and also the american consumer. we're going to benefit our consumers, and we're going to create a lot of jobs. our action today helps to create jobs in america for americans. it will provide a strong incentive for lg and and samsung to follow through on their recent promises to build a major manufacturing plant for watching machine -- can washing machines right here in the united states. when we do this, a lot of manufacturers will be coming to the united states to build washing machines and also solar. for both solar and washing machines, these executive actions uphold the principle of fair trade and demonstrate to the world that the united states will not be taken advantage of anymore. our companies will not be taken advantage of anymore. and our workers are going to have lots of really great jobs with products that are going to be made in the good old usa.
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and that's what this is all about. so i'm going to start signing. we'll go here first. this is to facilitate positive adjustment to competition from imports of large residential washers and washing machines, etc. thank you it's a very big industry, and you're going to have a lot of plants built in the united states. that were thinking of coming but would have never come unless we did this. big industry. a lot bigger than people would understand. and this is similar, but this is for solar products. so that we'll be making solar products now much more so in the united states.
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our companies have been decimated, and those companies are going to be coming back strong. so this is panels and products generally, solar. potentially great with industry of this country, but now we'll be making it in the united states. okay? a lot of workers, lot of jobs. and these are our letters to speaker of the house, and it's actually saying, let's go, we're done, we're ready. and this will start very rapidly. [background sounds]
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okay. this is to the speaker. and i think i'll give this pen to mr. robert lighthizer. we're, as you know, negotiating a new deal with nafta. we're renegotiating our deal with south korea which has turned out to be a disaster for this country. it was a deal that was going to create 200,000 jobs, and we lost 200,000 jobs. we're renegotiating that. nafta's moving along pretty well. i happen to be of the opinion that if it doesn't work out, we'll terminate it, but i think you're doing pretty well, bob, from what i understand, so we'll see how it all works out. and we'll be doing other trade deals. we're in the process of negotiating with other countries also, all of which have treated us very unfairly. we had poor representation for many years, and it's hurt our work everything, our factories -- workers, it's hurt our factories, it's hurt our
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companies, and that is stopping. you're seeing what's happening with the stock market. people are appreciating what we're doing. the biggest thing we've done probably is regulation and followed closely behind by the greatest tax cuts in the history of our country. but i think regulation is on a par with that. so a lot of people are watching us. i'm going to davos, we'll be talking about investing in the united states again for people to come in and spend their money in the good old usa. and that's what they're doing. we have massive amounts of money coming in. apple, as you know, just announced they're going to spend $350 billion in the united states, which i believe is the largest amount ever invested in this country by a company. $350 billion. jobs all over the place, all over the country. they're going to build a magnificent campus. we have other people coming in, other companies. i've been called by at least ten major executives, and they're
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going to be announcing very shortly major investments in the country and major investments for the people of our country really almost more than anything else being jobs. so we're bringing business back to the united states for the first time in many, many years. many, many decades really. and we're very proud of it. and that's why the stock market or is reacting the way it is, okay? thank you all very much. .. >> not even a little bit, no, just going to do a good job. >> we're looking at a lot of things. >> are you concerned about the-- >> let's see how it works out. thank you all very much. >> thank you all.
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thanks, everyone. thank you. and stock increases for companies that are in this country and that's what happened today. you look at solar and if you look at the washing machine companies, that's really what happened today. you're going to have people getting jobs again and we're going to make our own product again and it's been a long time. thank you all. >> thanks, everyone. thank you. >> thank you. >> the president of the united states. [applaus [applause] >> tuesday night, president donald trump gives his first state of the union address to congress and the nation. join us on c-span for a preview of the evening starting at 8 p.m. eastern, and then the state of the union speech live at 9 p.m. following the speech, the democratic response from congressman joe kennedy. we'll also hear your reaction and from members of congress. president trump's state of the union address, tuesday night, live on c-span. listen live on the free c-span
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radio app and available live and on demand on your desk top, phone or tablet at c-span.org. and live now to the annual state of the net conference, an all day forum looking at challenges to internet policy in 2018. this is hosted by the internet education foundation. minnesota senator amy cloeb char will look at this and elaine duch and yahoo! futurist author and we'll hear from the internet caucus and hear from the ceo of an application start-up that rescue workers in texas used to find and save flood victims stranded by hurricane harvey. coming up at 1 p.m. today congressman greg walden and former sec commissioner robert mcdowell. later this afternoon, sec commissioner, and deputy
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>> inaudible conversations] [inaudible conversations] [inaudible conversations] >> again, we're live this morning for the annual state of the net conference looking at some of the challenges to internet policy in 2018. it should start here in just a moment. while we have a second, we'll tell you about some of the other programming coming up
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here on the span networks. u.s. senate comes in today at 2:00 eastern. senators expected to work on an abortion bill which also makes it a crime for anyone to violate the abortion bill's ban and they also work on a judicial nomination. the house convening for legislative business at 2:00. members expected to consider several bills, including one to change how athletic governing bodies including the u.s. olympic committee and gymnastics deal with abuse. the communicators come up at 8:00 eastern and we'll take you to the consumer electronics show and they'll talk about the latest developments and artificial intelligence, robotics, virtual reality and enhanced communications for self-driving cars. that's the communicators tonight at 8:00 eastern. [inaudible conversations]
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[inaudible conversations] [inaudible conversations] >> again on this monday morning, waiting for the start of this internet security conference. it should get underway in a moment. should remind you that president trump will give his first state of the union address to a joint session of congress. coverage begins tomorrow at 8 p.m. eastern with a preview of the address, that will be followed by the state of the june union address starts at
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[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> once again, we're live at the annual state of the net conference, an all-day forum that considers some of the challenges for internet policy for 2018. should get started in just a moment here, but very quickly, some of the speakers you'll hear from, minnesota senator amy klobuchar, and secretary elaine duch. we'll hear from the chair of
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the internet caucus. we'll hear from congressman greg walton at 1:00 eastern and commissioner robert mcdowell and later this afternoon another sec commissioner, jessica rosenworsel. >> hello, welcome. everybody. welcome to the 14th annual state of the net conference. thank you all for coming. some of you have been here 14 years in a row and i appreciate a lot of you have been here for a good many number of those years and i want to thank you as well. this year has been really an interesting year. not only in, you know, national affairs, but also in internet policy. it's been a really, really, really interesting convulsive, a different year and a lot of things have changed. and we're really excited and we put together a group, a great group of speakers here to talk about a lot of t
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