Trump Declares: ‘Nobody Knows What Magnets Are’

EXCERPT:

TRUMP: “Now, nobody knows what magnets are. And not overly sophisticated, but to build magnet system would take two years. So if I weren’t able to say to China, “Look, if you’re gonna do that to us, we’re gonna charge you a 158% tariff.” It was 100% on top of 58%. And China called up immediately and, “Listen, we will make peace.” And we made peace. We made a great deal. We made an unbelievable deal. China’s paying tariffs to the United States. Not the United States paying tariffs to China, which has always been the way it was. Nobody can believe these deals.”

(Via Mediaite)