Trump optimistic about high-stakes trade talks between US and China

Speaking in the Oval Office for the signing of an executive order highlighting the administration's "Buy American" policy, the president said there is a "very good chance" of a trade deal happening.
1:26 | 02/01/19

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Transcript for Trump optimistic about high-stakes trade talks between US and China
What they're going to everything. You probably saw this morning have put us. This is bull is it going to be a very big deal or it's going to be a deal that would just postpone. But we've been dealing with we've had a great relationship I have a great relationship with his cheek. The relationship of my people to. Chinese representatives is negotiating now they'll be coming over here about 4 o'clock. We'll be talking to actually one of the leaders in giant as you know. I think that probably a final deal will be made it has made movies made between myself for president she. But we're certainly talking about that we're talking about every aspect of trade with a country and we're talking about ten to an alternate. As you know most of the fentanyl which is killing 80000. Americans years it comes through China. And in China it was not criminalize. And they've agreed to criminalist at that. And given the maximum. Penalty the maximum penalty in China is selling drugs is that the death penalty. And they've agreed to the death penalty for. So intent to know and if it shipped to the United States that would be fevers severe penalty. So. I think it's been a tremendous impact we put that one item into the trade deal defended I think it's very important items of whether.

This transcript has been automatically generated and may not be 100% accurate.

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