President Trump spoke at the White House Wednesday, to give a report on his recent trip to Asia, and expressed his appreciation for the warm welcome and respect he was given by the foreign leaders.
Trump said America’s renewed confidence and standing in the world has never been stronger, and said he wanted to update the American people on the success of his trip.
“When I came into office, our country was faced with a series of growing dangers, including rogue regimes pursuing deadly weapons, foreign powers challenging America’s influence, the spread of ISIS, and years of unfair trade practices that had dangerously depleted our manufacturing base and wiped out millions of middle class jobs,” Trump said.
The one common thread behind all of these problems was a failure to protect and promote the interests of the American people and American workers, Trump said, stressing that he wanted to reaffirm old alliances and form new friendships, in pursuit of shared goals.
Trump said the message he took to Asia was that “America is here to compete, to do business and to defend our values and our security.” He noted that economic growth has been over 3 percent the last two quarters, and unemployed is at its lowest level in 17 years. “Once again, our country is optimistic about our future,” Trump said.
He noted that Japan has announced additional sanctions on 35 North Korean entities and individuals. Japan also committed to reimbursing defense costs born by American taxpayers, and making deep investments in Japan’s own military.
Japanese companies have announced investments in the United States worth more than $8 billion and 17,000 jobs, the president stated. He said Toyota and Mazda announced they will be opening new plants in the U.S. that will create 4,000 jobs.
South Korea agreed to sanction those whose funding has helped North Korea’s missile programs, Trump said.
He reported that last week, 42 South Korean companies announced their intent to invest in projects worth more than $17 billion in the U.S. and 24 companies announced plans to purchase $58 billion in goods and services.
Trump praised China for their warm welcome, and said the Chinese president recognizes that a nuclear North Korea is a grave threat to China.
He said he visited with President Xi about the need to reduce our staggering trade deficit with China, and that the trading relationship must be conducted on a fair basis.
‘The days of the United States being taken advantage of are over,” President Trump said.
Watch his full remarks below:
Tuesday, prior to returning to Washington, D.C. from his Asian tour, President Trump sent out a message on Twitter, stating, “I will be making a major statement from the @WhiteHouse upon my return to D.C. Time and date to be set.”
I will be making a major statement from the @WhiteHouse upon my return to D.C. Time and date to be set.
— Donald J. Trump (@realDonaldTrump) November 14, 2017