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We've taxed China on $300bn worth of goods and products being sold into our country, and China eats it because they have to pay it because what they do is they devalue their currency and they push money out. Our people haven't paid. As you know, we're also charging them 25 per cent on $250bn, so we're taking in many billions of dollars.
There's been absolutely no inflation, and frankly it hasn't cost our consumer anything. It costs China. Now what has happened is a lot of companies are moving out of China, so they can avoid... and China has had a rough 20... this is their worst year in 27 years, according to yesterday's Wall Street Journal. I don't want that, but when my people came home they we're talking, we have another meeting in early September. I said, that's fine, but in the meantime until such time as there's a deal we'll be taxing them.
