China lays out 'RED LINES' for Trump-Xi summit

>> Brian: PRETTY EXCITING STUFF. HAPPENING TODAY, PRESIDENT TRUMP. AND PRESIDENT XI OF CHINA ARE. MEETING IN WASHINGTON. I THINK IT'S A HIGH STAKES. SUMMIT. LAST TIME OVER IN CHINA GET. TOGETHER AND ESTABLISH THE. RELATIONSHIP OR RESTEALINGS IT. BUT TODAY DOWN TO BRASS TAX. TAKE A LOOK AT WHAT'S ON THE. TABLE THEY MEET FOR THE FIFTH. TIME IN OCTOBER THEY HAD A. PRODUCTIVE MEETING FACE TO FACE. AT THE AIPAC SUMMIT THEY DECIDED.

LET'S BE PARTNERS AND FRIENDS. WHATEVER OUR DISAGREEMENTS LET'S. HAVE COMMUNICATION. REMEMBER THE COMMUNICATION WAS. VIRTUALLY CUTOFF DURING THE. FIRST TWO AND A HALF OF THE. BIDEN YEARS, WHERE OUR SECRETARY. OF DEFENSE COULD NOT SPEAK TO. HIS COUNTER PART AT ALL. AND ALSO DRESSED DOWN IN ALASKA. WHEN BIDEN FIRST TOOK OFFICE. OVER IN MAY THESE TWO MET A. TWO-DAY SUMMIT AND AGREED TO SET. UP A BORED OF TRADE WHERE THEY. WERE GOING TO WORK ON NON-LETHAL. ITEMS NOT CONTROVERSIAIAL ITEMS. AND GET THE TARIFFS DOWN TO ZERO.

THEY DID JUST THAT BUILDING UP. FOR TODAY AND THEY EXPECTED. TODAY TO TALK ABOUT A FEW. THINGS. AI SAFETY, THAT'S FIRST AND. FOREMOST, BOTTOM LINE IS WE. CAN'T GIVE AWAY THE STORE WE'RE. ABOUT 9-12 MONTHS AHEAD OF THEM. IN TERMS OF TECHNOLOGICAL. DECISIONS AS WELL AS HURDLES AND. THEN THE GEOPOLITICAL TENSIONS, YOU GOT IRAN AND YOU HAVE. RUSSIA. FLAT-OUT IF IT WASN'T FOR CHINA, RUSSIA COULDN'T FIGHT THE WAR. AGAINST UKRAINE AND IRAN WOULD. NOT HAVE ANY DOLLARS IN THEIR. COFFERS BECAUSE THEY BUY 80% OF.

IRAN'S OIL AND THEY DROPPED OFF. A WHOLE BUNCH OF EQUIPMENT AFTER. OUR INITIAL BOMBING THIS SUMMER. HERE TO DISCUSS THIS AND SO MUCH. MORE IS THE MANAGING DIRECTOR AT. BEACON GLOBAL STRATEGIES AND. FORMER NATIONAL SECURITY COUNCIL. OFFICIAL UNDER PRESIDENT GEORGE. W. BUSH MICHAEL ALLEN. MICHAEL, WHERE WOULD YOU START. TODAY? >> WELL, I THINK WHAT THEY'RE. DESIGNED TO DO HERE IS TO. PROJECT STABILITY BETWEEN THE. TWO WORLD SUPER POWERS. WE'RE THE TWO BIGGEST ECONOMIES. THE TWO BIGGEST MILITARIES AND I. THINK THAT'S WHAT PRESIDENT.

TRUMP IS TRYING TO SAY THROUGH. ALL THE PAGEANTRY. I THINK HE'S ALSO LOOKING AFTER. THE AMERICAN ECONOMY. HE WANTS TO MAKE SURE THAT THE. CHINESE STICK TO THEIR PLEDGE. FOR AGRICULTURAL PURCHASES. THAT'S IMPORTANT FOR OUR FARMERS. AND, OF COURSE, PREVIOUSLY WE. HAD BOEING JETS ON THE AGENDA. BUT STRATEGICALLY HONESTLY. BRIAN, AT THE END OF THE DAY I. HOPE WE REALIZE FOR ALL THE. PAGEANTRY, THE CHINESE ARE STILL. A RIVAL, MAYBE AN ADVERSARY, AND.

WE NEED NOT CEDE ANYTHING. STRATEGICALLY ON TAIWAN. THEY WANT TO INVADE TAIWAN WE. WANT TO EVENTUALLY SECURE THEIR. FUTURE BECAUSE THEY'RE THE. SOURCE OF SEMI CONDUCTORS TO THE. UNITED STATES. AND OF COURSE, A CITISTRIDE AN. ABSOLUTELY CRITICAL WATERWAY IN. ASIA AND WITHOUT THE UNITED. STATES BEING ABLE TO ENSURE THAT. IT'S FREE AND OPEN OUR ECONOMY. WOULD SUFFER IF IT WERE IN THE. CHINESE' HANDS. >> Brian: MICHAEL, TAIWAN MAKES.

80% OF THE WORLD'S CHIPS. IF CHINA WAS TO TAKE IT, IT'S. NOT IN OUR NATIONAL SECURITY. INTEREST ALONG WITH THE FACT. THAT THEY'RE AN ALLY AND WE WILL. PROTECT THEM IF INVADED. THAT'S GOING TO BE IT. THEY SAY DON'T BRING UP TAIWAN, I SAY LISTEN WE HAVE TO SELL. THEM $15 BILLION OF EQUIPMENT WE. ALREADY PROMISED TO DO IT, WE. PUT IT ON HOLD NEVER SHOULD HAVE. BEEN IN OUR HOLD, I HOPE THEY. DECIDE TO EXECUTE IT AND THERE'S. NO HARD FEELINGS. THEY DON'T WANT US TO BRING UP. HUMAN RIGHTS THEY DON'T LIKE TO.

GIVE THEM AND THEY DON'T WANT TO. HEAR ABOUT THE UYGHURS OR. DEMOCRACY. THEY DON'T WANT TO TALK ABOUT. DEVELOPMENT. THEY BELIEVE IN THE PAST WE. TRIED TO HINDER THEIR. DEVELOPMENT AS A WORLD POWER. THEY SAY DON'T EVEN BRING THAT. UP WE'RE MOVING FORWARD. ESPECIALLY WHEN IT COMES TO. MANUFACTURING. AND ALSO THEY WANT TO DEFINE THE. RIGHT TO DEVELOP INALLABLE HUMAN. RIGHTS SIGNIFYING DIGGITY AND. HONOR. ALSO WAY AHEAD OF US WHEN IT. COMES TO ROBOTICSMENT SO THEIR. PROBLEM RIGHT NOW IS THEY HAVE A. HUGE YOUTH UNEMPLOYMENT.

THEY HAVE CITIES THAT ARE MADE, READY TO GO, BUT TOTALLY EMPTY. AND THEY HAVE A HUGE WORK, THEY. HAVE A DECREASING POPULATION. BECAUSE OF THEIR SINGLE CHILD. POLICY. WE HAVE TO USE THOSE WEAKNESSES. DON'T WE? >> I THINK WE DO. I DIDN'T LIKE THE CHINESE PUT. OUT THESE RED LINES AND SEEMING. TO DICTATE TO US WHAT WE CAN. TALK ABOUT. WE SHOULD REJECT THAT AND. PRESIDENT TRUMP WILL BRING UP. WHATEVER HE FEELS LIKE. >> Brian: ALWAYS DOES. >> IT'S ABSOLUTELY APPROPRIATE. >> HE DOES. AND THE ROBOTICS, LOOK, WE'RE IN.

AN ECONOMIC COMPETITION WITH THE. CHINESE ON ROBOTICS AS YOU. MENTIONENED ESPECIALLY ARTIFICI. INTELLIGENCE, QUANTUM COMPUTING, THIS IS THE FUTURE. WE NEED TO MAKE SURE WE'RE. INVESTING IN IT, OF COURSE ON AI. WE NEED TO INVESTIGATE AND TRY. AND CURB ITS EXCESSES, BUT AT. THE END OF THE DAY, WHOEVER CAN. PROP GATE E AI AMONG ITS PEOPLEO. ENSURE WE'RE GETTING MAXIMUM. EFFICIENCY OUT OF THIS NEW. TECHNOLOGY IS GOING TO HAVE THE.

MORE VIABLE INNOVATIVE ECONOMY. SO WE NEED TO DOUBLE DOWN ON. SOME OF THESE TECH ISSUES. BATTERIES IS ALSO ONE OF THE. THINGS WE TALK ABOUT TODAY. LET'T'S HOPE WE SEE SOME TANGIB. ECONOMIC DEVELOPMENT. ANNOUNCEMENTS. >> Brian: WE HAVE JAMES SON. GRIER AND SCOTT BESSENT THE BEST. IN THE BUSINESS, TRULY ELITE IN. OUR COUNTRY. WHEN IT COMES TO PATENTS THIS IS. WHERE WE'RE AT WE HAVE A LOT. MORE. WHEN IT COMES TO INDUSTRIAL. ROBOTS THEY ARE LITERALLY HAVING. ROBOTS THREADING NEEDLES, CHINA. IS WAY AHEAD OF US, 195 THOUSAND.

TO 34,TWO00. WEAVE CATCHING UP TO DO. ONE. GUY AT THE TABLE TONIGHT WILL BE. ELON MUSK AND HE'S THE TYPE OF. GUY WITH THE TYPE OF COMPANY TO. DO THE CATCHING UP BECAUSE. TESLA'S GOT SOME.