Speech: Donald Trump Addresses the 74th Session of the United Nations – September 24, 2019
In this part of the
Part two starts at 00:07:43 – 00:08:29 (45 sec) on the above video.
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We are working closely with Prime Minister Boris Johnson on a magnificent new trade deal. The most important difference in America’s new approach
Two decades later, this theory has been tested and proven completely wrong. Not only has China declined to adopt promised reforms, it has embraced an economic model dependent on massive market barriers, heavy state subsidies, currency manipulation, product dumping, forced technology transfers and the theft of intellectual property, and also trade secrets on a grand scale.
This is just one example. I recently met the CEO of a terrific American company, Micron Technology, at the White House. Micron produces memory chips used in countless electronics. To advance the Chinese government’s five-year economic plan, a company owned by the Chinese state allegedly stole Micron’s designs, valued it up to $8.7 billion.
Soon, the Chinese company obtains patents of nearly an identical product and Micron was banned from selling its own goods in China. But we are seeking justice. The United States lost 60,000 factories after China entered the WTO. This is happening to other countries all over the globe. The World Trade Organization needs
The second-largest economy in the world should not be permitted to declare itself a developing country in order to game the system at others’ expense. For years, these abuses were tolerated, ignored or even encouraged. Globalism exerted a religious pull over past leaders, causing them to ignore their own national interests.
But as far as America is concerned, those days are over. To confront these unfair practices, I placed massive tariffs on more than $500 billion worth of Chinese-made goods. Already, as a result of these tariffs, supply chains are relocating back to America and to other nations and billions of dollars are being paid to our treasury.
The American people are absolutely committed to restoring balance to our relationship with China. Hopefully we can reach an agreement that will be beneficial for both countries. But as I have made very clear, I will not accept a bad deal for the American people. As we endeavor to stabilize our relationship, we are also carefully monitoring the situation in Hong Kong.
The world fully expects that the Chinese government will honour its binding treaty made with the British and registered with the United Nation in which it commits China to protect Hong Kong’s freedom, legal system and democratic ways of life. How China chooses to handle the situation will say a great deal about its role in the world and the future.
We are all counting on President Xi as a great leader. The United States does not seek conflict with any other nation. We desire peace, cooperation and mutual gain with all. But I will never fail to defend America’s interests. One of the greatest security threats facing peace-loving nations today is the repressive regime in Iran.
The regime’s record of death and destruction is well-known to us all. Not only is Iran the world’s number one state sponsor of terrorism but Iran’s leaders are fueling the tragic wars in Syria and Yemen. At the same time, the regime is squandering the nation’s wealth and future in a fanatical quest for nuclear weapons and the means to deliver them.
We must never allow this to happen. To stop Iran’s path to nuclear weapons and missiles, I withdrew the United States from the terrible Iran nuclear deal, which has very little time remaining, did not allow inspection of important sites and did not cover ballistic missiles. Following our withdrawal, we have implemented severe economic sanctions on the country.
Hoping to free itself from sanctions, the regime has escalated its violent and unprovoked aggression. In response to Iran’s recent attack on Saudi Arabia oil facilities, we just imposed the highest level of sanctions on Iran’s Central Bank and Sovereign Wealth Fund. All nations have a duty to act. No responsible government should subsidize Iran’s bloodlust.
As long as Iran’s menacing behavior continues, sanctions will not be lifted. They will be tightened. Iran’s leader will have turned a proud nation into just another cautionary tale of what happens when a ruling class abandons its people and embarks on a crusade for personal power and riches. For 40 years, the world has listened to Iran’s rulers, as they lash out at everyone else for the problems they alone have created.
They conduct ritual chants of death to America and traffic in monstrous anti-Semitism. Last year, the country’s supreme leader stated Israel is a malignant, cancerous
Thankfully, there is a growing recognition in the wider Middle East that the countries of the region share common interests in battling extremism and unleashing economic opportunity. That is why it’s important to have full normalized relations between Israel and its neighbours. Only a relationship built on common interest, mutual respect and religious tolerance can forge a better future.
Iran’s citizens deserve a government that cares about reducing poverty, ending corruption and increasing jobs, not stealing their money, to fund a massacre abroad and at home. After four decades of failure, it is time for Iran’s leaders to step forward and to stop threatening other countries and focus on building up their own country.
It is time for Iran’s leaders to finally put the Iranian people first. America is ready to embrace friendship with all who genuinely seek peace and respect. Many of America’s closest friends today were once our greatest foes. The United States has never believed in permanent enemies. We want partners, not adversaries.
America knows that while anyone can make war only the most courageous can choose peace. For this same reason, we have pursued bold diplomacy on the Korean Peninsula. I have told Kim Jong-un what I truly believe. That like Iran, his country is full of tremendous untapped potential. But that to realize that promise North Korea must denuclearize.
Around the world, our message is clear. America’s goal is lasting. America’s goal is harmony. And America’s goal is not to go with these endless wars. Wars that never end. With that goal in mind, my administration is also pursuing the hope of a brighter future in Afghanistan. Unfortunately, the Taliban has chosen to continue their savage attacks.
We will continue to work with our coalition of Afghan partners to stamp out terrorism and we will never stop working to make peace a reality. Here in the Western hemisphere, we are joining with our partners to ensure stability and opportunity all across the region. In that mission, one of our most critical challenges is illegal immigration which undermines prosperity, rips apart societies and empowers ruthless criminal cartels.