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00:00Tatsuhiko Yoshizaki, Chief Economist at the U.S. Office of General Strategic Research
00:11Good morning.
00:12Good morning.
00:13This is Nikkei Saturday News on November 9.
00:16Let me introduce our guest for today.
00:20This is Tatsuhiko Yoshizaki, Chief Economist at the U.S. Office of General Strategic Research.
00:27Thank you for joining us.
00:30This is Tetsuo Kotani, a professor at the U.S. Academy of Sciences.
00:36Thank you for joining us.
00:39This is Masahiko Hosokawa, a professor at the U.S. Academy of Sciences.
00:43Thank you for joining us.
00:47Let's take a look at today's headlines.
00:51Here they are.
00:54The U.S. presidential election was a quick decision.
00:59Yes, it was a close call.
01:03Today, I'd like to focus on what's going to happen next.
01:11Here's a copy of the text.
01:14It says,
01:15The president is faithful to his promises.
01:17The photo on top says,
01:19It says,
01:20It says,
01:21It says,
01:22It says,
01:23I'm interested in the fact that even among the Trump administration,
01:27it's been analyzed that he's been faithful to his promises.
01:30So, he might be trying to make what he's said come true in a very faithful manner.
01:36Also, a 5-year delay is a very important point.
01:41In fact, the Rehman Revolution is just around the corner,
01:46so they're thinking about a rocket launch.
01:49I'd like to focus on what's going to happen.
01:52I think it's important to prepare for the future.
01:56Now, let's look back at the results of the presidential election.
01:59This is the result of the U.S. presidential election held on the 5th.
02:03It was predicted that there would be a tie,
02:06but President Trump's victory was decided at an early stage.
02:09President Trump made a victory declaration on the 6th.
02:13President Trump won all 7 states surrounded by yellow flags, which were said to be the winning states.
02:19In the House of Representatives, the Republican Party has been able to regain the majority for the first time in four years, including the non-conventional election.
02:26In the House of Representatives, there is still a close battle, but the Republican Party is in the lead.
02:31If the Republican Party wins both the House of Representatives and the House of Representatives,
02:35it will have a positive impact on the administration of the country.
02:39Reporter Nakamura from the Washington Post will tell us why President Trump was so strong.
02:50The biggest factor in President Trump's victory is that the American people have chosen to change from the current situation.
02:57On the one hand, the economic measures taken by President Trump and the severe attitude towards illegal immigration have been replaced.
03:03On the other hand, the people's dissatisfaction with President Biden for his strong influence has not been able to be avoided.
03:11The Trump administration has been told that it is confident in its victory right after the election.
03:18At the Trump administration's rally in Florida, where supporters have gathered,
03:23the mood of being able to win every time, such as Carolina and Georgia, has increased.
03:33And many major media outlets said that it was a great feeling from the supporters when Trump himself declared victory before the election was confirmed.
03:44They were relieved to be able to bring President Trump back to the White House.
03:51On the other hand, the defeated Harris campaign was also optimistic about victory right after the election.
04:00Many supporters gathered at Howard University, a high school in Harris City, Washington.
04:07As the enthusiasm of Harris City was conveyed, tears were shed and tears were shed inside.
04:16In addition, the staff in the camp were told not to panic, etc.
04:25In a situation where Trump won at a faster pace than expected, the American media said that Trump's overwhelming victory,
04:33Harris City was out of expectation, etc.
04:39Mr. Nakamura, I don't think there's a conclusion to the Senate election yet, but what's the situation now?
04:47Yes, that's right.
04:49The Senate has already decided to recapture the majority for the first time in four years,
04:54but the Senate is showing the momentum of the House of Representatives.
04:59The election of the House of Representatives is still underway.
05:04At 6 a.m. Japanese time, the House of Representatives secured 211 seats in the Republican Party,
05:10leading the Democratic Party with 199 seats.
05:15In recent trends, the Senate, which holds the seat of the President,
05:19has a strong tendency to hold the majority of the House of Representatives,
05:23and the Republican Party is likely to be the so-called triple red,
05:28holding the president, the House of Representatives, and all members of the House of Representatives.
05:32As a democratic party, we are watching the election as we pray,
05:36but there is a growing possibility that Trump's policy will be pushed forward.
05:43In that case, there is something that Mr. Nakamura is paying attention to after the election.
05:49Yes, that's right.
05:51There are a lot of people who were shocked by Trump's victory.
05:55In the United States, the word migration to Canada is at the top of the search word on the Internet.
06:04In the Democratic Party, the responsibility for the defeat of the election is rising.
06:09Among them are candidates for Mr. Harris, etc.
06:12There is a severe look at President Biden as he invited chaos in the party.
06:18On the other hand, the Republican Party is under the Trump administration,
06:21and a team of political affiliates is set up.
06:23For the inauguration of the President on January 20 next year,
06:26the administration is in a hurry to adjust personnel and policies, etc.
06:35That's all for Mr. Nakamura. Thank you very much.
06:38Mr. Yoshisaki, it seems that the word migration to Canada has become a hot topic.
06:43It was the same eight years ago.
06:46In that sense, I'm not very surprised.
06:49The Democratic Party has lost quite a bit.
06:52In general, the number of votes has not yet come out,
06:56but it has decreased by about 13 million votes compared to the previous 2020.
07:01So, this is a loss that has been going on for quite a while.
07:05If we don't analyze this properly,
07:08we'll have to get ready for what we're going to do next in 2028.
07:19Mr. Kotanari, what do you think is the point of the candidacy?
07:26I think the most important thing is the economy.
07:30After the election on the East Coast,
07:33there was a sharp drop in the number of votes in Florida.
07:37This is because Florida used to be a fierce battle zone.
07:41I think the Hispanic vote was the reason for the rapid increase in the number of votes.
07:47I don't think it came out enough in the public opinion polls.
07:51It was said that there were seven fierce battles,
07:54but strictly speaking, there were 13 states in those seven states,
07:58and one state was below.
08:00It was said that this was a fierce battle, so we don't know which one it will be.
08:04The 13 fierce battles were certainly fierce battles,
08:08but Trump was overwhelmingly stronger in the other states.
08:12I think the dissatisfaction with the economy was big.
08:17There is also the issue of immigration.
08:20Are the Hispanic people in the country who have status now
08:25agreeing with Trump's immigration abolition?
08:30The Hispanic people who have citizenship
08:33are aware that the issue of illegal immigrants has nothing to do with them,
08:37so I think there were a lot of votes for Trump this time.
08:40Mr. Hosokawa, what do you think?
08:43As Mr. Kotani just said,
08:46the combination of dissatisfaction and excitement is good.
08:53For example, stopping the inflation,
08:59stopping the war, and preventing illegal immigrants.
09:02It's easy to understand.
09:04I can't remember what Mr. Harris voted for.
09:08Even if it's the environment or human rights,
09:10I think there are more people who care about tomorrow's lives than that.
09:14It feels like only celebrities are standing out.
09:17That's right.
09:18I often say that I'm against public opinion polls,
09:21but people who react to public opinion polls,
09:25people with low income or young people,
09:28I think there are quite a few people who don't react to them.
09:32The Japanese election plan team also said that.
09:35I think there is such a structural problem.
09:39Mr. Kotani, there should be quite a few people like that in public opinion polls this time.
09:46In addition to that,
09:48I was told that there was a correction in the survey,
09:53but when I opened the lid, I felt like there were a few percent.
09:57What kind of people are they?
09:59In the end, people who don't intend to respond to public opinion polls,
10:04or I think there are people who have not received public opinion polls.
10:09In 2016, 2020, and this time,
10:11I think all public opinion polls underestimated Trump.
10:15I was told that it was a fierce battle this time,
10:18so I don't think it's strange that Trump was actually on top.
10:23After the commercial,
10:25let's see how the world and Japan will change with the second Trump administration.
10:46I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president.
11:00Mr. Trump of the Republican Party, who overturned expectations and ensured victory in the early stages.
11:08The focus is already on what kind of policies will be implemented in the second Trump administration.
11:17One of the policies that is attracting attention is tariffs.
11:22It is said that 60% of imported goods from China are subject to tariffs.
11:30In consideration of Chinese-made EVs,
11:33it is also suggested that 100% tariffs will be imposed on automobiles imported from Mexico.
11:41The tariff is not limited to China alone.
11:45It is also said that 10% to 20% tariffs will be imposed on imported goods from the U.S. and other countries.
11:54It is also said that there will be major changes in environmental and energy policy.
12:01Mr. Trump has been saying that if he returns to the presidency,
12:05he will increase the price of oil and natural gas and lower the price of energy.
12:11He also claims that he will withdraw from the Paris Agreement, an international framework for warming measures.
12:17On the other hand, he claims that he will change his policy to promote low-carbon investment,
12:24such as renewable energy and EVs that the Biden administration has promoted.
12:32It is also expected that there will be a break in the distribution of EVs.
12:36It is also expected that it will affect Japanese companies that have been investing in EVs,
12:41such as batteries, under the Biden administration's policy.
12:47How should Japan deal with the second Trump administration?
12:54In the first Trump administration, Prime Minister Abe established a special relationship with Mr. Trump,
13:00and Japan and the U.S. were able to maintain a good relationship.
13:07President Ishiba, who has become the majority in the ruling party, will face Mr. Trump from now on.
13:15In a word, I felt that he was very friendly.
13:19I had the impression that he was a person who could speak his mind,
13:23rather than decorating or making up words.
13:30It is said that he confirmed that he would meet with Mr. Trump as soon as possible.
13:35What kind of relationship will he build?
13:40In addition, the battle between Ukraine and the Middle East continues in two regions,
13:46and attention is drawn to what kind of diplomacy will be developed.
13:53Regarding the Ukrainian situation, Mr. Trump has argued that if he becomes president,
13:58he will end the war within 24 hours,
14:02but there is a concern that it will be a favorable situation for Russia.
14:10On the 6th, Ukrainian President Zelensky argued with Mr. Trump on the phone.
14:16It is his idea to create a personal trust relationship and prevent Russia from leaning towards him.
14:25On the 7th, Russian President Putin expressed his condolences to Mr. Trump,
14:31and said that his intention to end the crisis in Ukraine is at least noteworthy.
14:40In addition, he expressed that he is ready to have a dialogue.
14:47How will Mr. Trump act?
14:53Today, we will focus on these three themes and deepen our discussion.
14:57First of all, Japan's preparation is okay.
15:01Mr. Trump is said to be on the phone with more than 70 people,
15:07but on the 7th, he was on the phone with Mr. Trump.
15:10The time was about five minutes.
15:12By the way, it was 25 minutes with French President Macron and 12 minutes with Korean President Yun.
15:19In addition, Mr. Trump said that Mr. Trump is a person who has a friendly and honest impression,
15:26and he agreed that Japan-U.S. alliance should be raised to a higher level.
15:32In addition, Mr. Trump is looking for a talk in the U.S. after attending an international conference in South America this mid-month.
15:41The background of this early contact is the successful experience of Prime Minister Abe,
15:46who built a strong trust relationship with Mr. Trump.
15:48In November 2016, when Mr. Trump won the presidential election,
15:53Mr. Abe visited the Trump Tower in New York and gained personal trust of Mr. Trump.
16:00Mr. Hosokawa, it was only five minutes. What do you think?
16:05Well, I think this is a symbolic event.
16:12If you say five minutes, if you put a translation, it's a round-trip, so it's probably one or two minutes to talk.
16:22I'm just done with this kind of polite conversation.
16:30I don't think it's just a matter of time, but I think it's a matter of substance.
16:36If I give you an example of South Korea, it's 12 minutes. It's a lot longer than Japan.
16:41The contents of the conversation are also made clear.
16:45President Yoon Dan-chun briefly explained the recent situation in North Korea.
16:50He said, oh, that's how it's been going recently.
16:53Mr. Trump, who can't talk directly, is properly inputting that kind of thing.
16:58On the other hand, Mr. Trump is now talking about Korea's shipbuilding industry.
17:03Specifically, the shipbuilding industry is more of an American soldier's ship.
17:08There's a warship, right?
17:10America is not good enough because the manufacturing industry is depressed.
17:15I'm telling you to cooperate fully.
17:19Oh, I see.
17:21The substance is clear, and it's been briefed by Mr. Trump in advance.
17:28I think that's pretty serious.
17:32Maybe before the phone call, at times like this, there's a briefing, right?
17:38So, what kind of person is Mr. Ishiba?
17:41Of course you'll be asked.
17:44I was talking to some people in Washington.
17:47At times like this, there's a possibility that only a negative image is being input.
17:55The negative image is that he's the one who started talking about the Asian version of NATO.
18:01It's not a good thing, but from the other side, it's suspicious.
18:05Second, it's said that Abe's heart is sexual.
18:11Third, is this really a long-term policy?
18:16I've been talking to a lot of people on the phone lately.
18:21They're all in a long-term policy.
18:23They're all in a long-term policy.
18:26If it's not a long-term policy,
18:31you can see it as a foreign policy.
18:35You have to be aware that there are some negative elements,
18:42and you have to figure out how to deal with them.
18:45That's the first step.
18:47You have to end the reaction of the other party in five minutes.
18:51At the time of Mr. Abe, he was talking for 20 minutes.
18:54The first one, eight years ago.
18:56Even if it's just a phone call,
19:02I think it's a symbolic thing.
19:06Mr. Kotani, what do you think?
19:08I think Mr. Ishiwa had a friendly conversation.
19:11That's true.
19:12Mr. Trump is a very friendly person.
19:15He says he can talk about his true feelings.
19:18Mr. Trump doesn't talk about his true feelings.
19:20I think he's misunderstanding Mr. Trump.
19:24Mr. Trump doesn't say what he's trying to do.
19:27I think it's a misunderstanding that he can talk about his true feelings on the phone.
19:34Another thing is that the Japanese government has been doing a lot of Trump shifts since last year.
19:41I've signed a consular contract with people who are likely to be Trump supporters.
19:47I've come to realize that those people won't be in the administration this time.
19:51Is that so?
19:52The pipes that the Japanese government has built may not function very well.
19:57That may be due to the fact that the time for this phone call has not been decided.
20:02It may also be due to the fact that there was not much substance.
20:06I think we need to re-establish this quickly.
20:10In the program, I briefly summarized what kind of demands will come to Japan as the Trump administration.
20:19For example, the burden of defense spending, direct investment from Japan, importation of agricultural products,
20:24Of course, the improvement of trade, importation of energy, and contribution to the semiconductor industry.
20:30Mr. Yoshizaki, what are you paying attention to?
20:35I think it's important that Mr. Trump hasn't decided what to do.
20:41I think it's important that Mr. Trump hasn't decided what to do.
20:46For example, in Japan, defense spending should not be 2%, but 3% GDP.
20:56This is already in his hands.
20:58He's hooked on it.
21:00Mr. Trump likes negotiations, but he doesn't call them negotiations, he calls them deals.
21:06Negotiations, for example, are like silver-plating negotiations.
21:10There's something he's aiming for.
21:12In the case of Mr. Trump, it's actually not silver-plating.
21:16It could be a summer vacation, a special vacation, or a pension.
21:21When you're fighting such an opponent,
21:25It's probably the opposite effect to say, I'm worried about this, I'm worried about this.
21:31This time, Mr. Ishiba has a low profile.
21:35The worst scenario I can think of is that he'll be shot without an article.
21:42I don't know.
21:44I think it might be better to be a little more low profile.
21:49How about you, Mr. Hosokawa?
21:51I have a slightly different view.
21:54For example, Mr. Trump has a huge problem with the trade deficit.
22:03There's a balance in the US-Japan relationship.
22:05There's a document you provided us with.
22:07How should we look at this?
22:09This is the balance of exports from Japan and imports from the United States.
22:16From Japan, it's 9 trillion yen in black money.
22:20From the United States, it's 9 trillion yen in red money.
22:22Of course, they're trying to reduce this.
22:25What happened to the former Prime Minister Abe at that time?
22:29He showed us with a simple punch that Japan is contributing to the employment and industry of the United States through investment.
22:37That's what it was from the beginning.
22:39And then there's the bottom line of direct investment, right?
22:44That's 1.8 times the scale of what it was eight years ago.
22:50Direct investment from the United States?
22:52No, it's the other way around.
22:56Direct investment from Japan to the United States.
22:58Direct investment from Japan to the United States.
23:00I'm sorry.
23:02I'm sorry.
23:04Direct investment from Japan to the United States.
23:06This is 1.8 times the scale of what it was eight years ago.
23:12It's very important to say that this contribution is simple.
23:17Direct investment also contributes to employment.
23:20That's right.
23:22I'd like you to go back to the beginning.
23:25There's a demand, right?
23:27I'm not answering this demand.
23:31On the contrary, it's an example of Korea's increase in trade.
23:36The defense industry in the United States is already bad.
23:41When that happens, Japan can make such a contribution.
23:45The Defense Ministry has been working on Japan-US cooperation in the defense industry since this year.
23:51I've been told by Trump that he's going to help Korea's increase in trade.
24:00This is a good contribution to what we're doing.
24:03Japan is doing it, too.
24:05Not just increase in trade, but also aircraft.
24:09We've been doing it since this year.
24:11Then we're going to cooperate with the U.S. defense industry.
24:15It's not just buying weapons from the U.S.
24:18Of course, we'll do that, too.
24:20That's the burden of the defense industry.
24:22Mr. Ishiba, you should know which weapons will be the most profitable.
24:27I think another important thing is energy.
24:30Mr. Trump's pledge is to dig up and dig up oil and natural gas.
24:39It's good to dig, but it has to sell.
24:42Then Japan will buy it.
24:44Not just Japan, but when the U.S. moves from the third country to another country,
24:50Japan will pay back the winners and help them.
24:54It's easy to understand that the U.S. will make such a contribution to reduce trade deficits.
25:02When Mr. Abe went to the Trump Tower, there was a punchline like that.
25:06That's right.
25:09The key words are defense industry and energy cooperation.
25:15I think it's better to have such industrial cooperation as soon as possible.
25:19I don't think it's a requirement.
25:22Mr. Kotari, what do you think?
25:24I'm talking to people who are going to be in the Trump administration this time.
25:29What the allies, including Japan, want is autonomy.
25:34I want the allies to tell the U.S. what they can do.
25:42I think we need to be more proactive in making suggestions.
25:51For example, the cyber security issue.
25:55The U.S. is very concerned about Japan's cyber security situation.
26:01I think we need to be more proactive.
26:04I think we need to be more proactive in making suggestions.
26:10I think we need to be more proactive in making suggestions.
26:14I think we need to be more proactive in making suggestions.
26:20I think we need to be more proactive in making suggestions.
26:27Mr. Abe, what you're saying is...
26:29If it's about the national interest, we should be more proactive.
26:32But I don't think we need to be afraid of things that are going to be disadvantageous.
26:38I don't think we need to be afraid of things that are going to be disadvantageous.
26:41The situation is too different from that time.
26:43The situation is too different from that time.
26:46There are examples, but if you try to imitate them, you might get caught up in the depth.
26:53On the other hand, Mr. Abe's legacy remains in the Foreign Ministry.
26:58On the other hand, Mr. Abe's legacy remains in the Foreign Ministry.
27:03I think it would be difficult if we didn't think of a slightly different approach.
27:08I think it would be difficult if we didn't think of a slightly different approach.
27:13Is there a change in Trump's economic policy scenario?
27:21Is there a change in Trump's economic policy scenario?
27:27First of all, this is Trump's domestic economic policy.
27:3110% to 20% of all imported goods from all countries will be subsidized.
27:3660% of Chinese goods will be subsidized.
27:39And the current tax will be reduced to the legal tax.
27:42The current tax will be reduced to the legal tax.
27:48As you can see, the emigrants will be taxed on environmental energy,
27:51The emigrants will be taxed on environmental energy,
27:54and the tax on renewable energy will be reduced.
27:59And the public office reform will allow the dismissal of government employees under the President's order, known as Schedule F.
28:08Mr. Yoshisaki, what do you think?
28:10Mr. Yoshisaki, what do you think?
28:11I think it's the environmental energy policy.
28:14I think it's the environmental energy policy.
28:21I think it will have a great impact on the movement of de-carbonization so far.
28:28Mr. Kotani.
28:30It's the tariffs.
28:32The first and second tariffs have slightly different meanings.
28:36The first tariff was to reduce the trade deficit.
28:42The second tariff is to regain the industry that has left the country.
28:48I don't know if the companies in China will return to the U.S.
28:57I don't know if the companies in China will return to the U.S.
29:02At least the government will regain the industry that has left the country.
29:07At least the government will regain the industry that has left the country.
29:12Mr. Vance has drawn the theory.
29:17So I think it's a tariff policy with slightly different meanings.
29:22Let's take a look at the contents of the tariffs.
29:25Here are the tariffs that Mr. Trump is considering.
29:28There are three large tariffs.
29:291. 10% to 20% unilateral tariffs on imports from all countries.
29:342. 60% tariffs on goods made in China.
29:403. 25% tariffs on goods made in Mexico.
29:504. More than 100% tariffs on goods imported from Mexico.
29:555. More strict conditions when reviewing the U.S.-Mexico-Canada agreement.
30:08Mr. Hosokawa, what do you think of the tariffs?
30:11As Mr. Kotani said, the tariffs are very important.
30:18The first difference is that the U.S. has fundamentally cut costs on industrial production.
30:27The second difference is that the U.S. has fundamentally cut costs on industrial production.
30:37The third difference is that the U.S. has fundamentally cut costs on industrial production.
30:47It is very important to understand how Japan will deal with this.
30:54Until now, the traditional politics were based on steel and automobiles.
31:01I think another factor is the semiconductor industry.
31:05I think another factor is the semiconductor industry.
31:08For example, Samson and TSMC are being subsidized by the U.S.
31:14In Japan, the equipment and material manufacturers are very strong.
31:22In Japan, the equipment and material manufacturers are very strong.
31:25In Japan, the equipment and material manufacturers are very strong.
31:28In Japan, the equipment and material manufacturers are very strong.
31:31In addition, Mr. Lighthizer is going to join the U.S.
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33:43Mr. Lighthizer is going to join the U.S.
33:46Mr. Lighthizer is going to join the U.S.
33:49Mr. Lighthizer is going to join the U.S.
33:52Mr. Lighthizer is going to join the U.S.
33:55Mr. Lighthizer is going to join the U.S.
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34:22Mr. Lighthizer is going to join the U.S.
34:25Mr. Lighthizer is going to join the U.S.
34:28Mr. Lighthizer is going to join the U.S.
34:31Mr. Lighthizer is going to join the U.S.
34:34Mr. Lighthizer is going to join the U.S.
34:37Mr. Lighthizer is going to join the U.S.
34:40Mr. Lighthizer is going to join the U.S.
34:43Mr. Lighthizer is going to join the U.S.
34:46Mr. Lighthizer is going to join the U.S.
34:49Mr. Lighthizer is going to join the U.S.
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35:01Mr. Lighthizer is going to join the U.S.
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35:07Mr. Lighthizer is going to join the U.S.
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35:19Mr. Lighthizer is going to join the U.S.
35:22Mr. Lighthizer is going to join the U.S.
35:25Mr. Lighthizer is going to join the U.S.
35:28Mr. Lighthizer is going to join the U.S.
35:31Mr. Lighthizer is going to join the U.S.
35:34Mr. Lighthizer is going to join the U.S.
35:37Mr. Lighthizer is going to join the U.S.
35:40Mr. Lighthizer is going to join the U.S.
35:43Mr. Lighthizer is going to join the U.S.
35:46Mr. Lighthizer is going to join the U.S.
35:49Mr. Lighthizer is going to join the U.S.
35:52Mr. Lighthizer is going to join the U.S.
35:55Mr. Lighthizer is going to join the U.S.
35:58Mr. Lighthizer is going to join the U.S.
36:01Mr. Lighthizer is going to join the U.S.
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36:25Mr. Lighthizer is going to join the U.S.
36:28Mr. Lighthizer is going to join the U.S.
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36:34Mr. Lighthizer is going to join the U.S.
36:37Mr. Lighthizer is going to join the U.S.
36:40Mr. Lighthizer is going to join the U.S.
36:43Mr. Lighthizer is going to join the U.S.
36:46Mr. Lighthizer is going to join the U.S.
36:49Mr. Lighthizer is going to join the U.S.
36:52Mr. Lighthizer is going to join the U.S.
36:55Mr. Lighthizer is going to join the U.S.
36:58Mr. Lighthizer is going to join the U.S.
37:01Mr. Lighthizer is going to join the U.S.
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37:07Mr. Lighthizer is going to join the U.S.
37:10Mr. Lighthizer is going to join the U.S.
37:13Mr. Lighthizer is going to join the U.S.
37:16Mr. Lighthizer is going to join the U.S.
37:19Mr. Lighthizer is going to join the U.S.
37:22Mr. Lighthizer is going to join the U.S.
37:25Mr. Lighthizer is going to join the U.S.
37:28Mr. Lighthizer is going to join the U.S.
37:31Mr. Lighthizer is going to join the U.S.
37:34Mr. Lighthizer is going to join the U.S.
37:37Mr. Lighthizer is going to join the U.S.
37:40Mr. Lighthizer is going to join the U.S.
37:43Mr. Lighthizer is going to join the U.S.
37:46Mr. Lighthizer is going to join the U.S.
37:49Mr. Lighthizer is going to join the U.S.
37:52Mr. Lighthizer is going to join the U.S.
37:55Mr. Lighthizer is going to join the U.S.
37:58Mr. Lighthizer is going to join the U.S.
38:01Mr. Lighthizer is going to join the U.S.
38:04Mr. Lighthizer is going to join the U.S.
38:07Mr. Lighthizer is going to join the U.S.
38:10Mr. Lighthizer is going to join the U.S.
38:13Mr. Lighthizer is going to join the U.S.
38:16Mr. Lighthizer is going to join the U.S.
38:19Mr. Lighthizer is going to join the U.S.
38:22Mr. Lighthizer is going to join the U.S.
38:25Mr. Lighthizer is going to join the U.S.
38:28Mr. Lighthizer is going to join the U.S.
38:31Mr. Lighthizer is going to join the U.S.
38:34Mr. Lighthizer is going to join the U.S.
38:37Mr. Lighthizer is going to join the U.S.
38:40Mr. Lighthizer is going to join the U.S.
38:43Mr. Lighthizer is going to join the U.S.
38:46Mr. Lighthizer is going to join the U.S.
38:49Mr. Lighthizer is going to join the U.S.
38:52Mr. Lighthizer is going to join the U.S.
38:55Mr. Lighthizer is going to join the U.S.
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39:01Mr. Lighthizer is going to join the U.S.
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39:19Mr. Lighthizer is going to join the U.S.
39:22Mr. Lighthizer is going to join the U.S.
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39:31Mr. Lighthizer is going to join the U.S.
39:34Mr. Lighthizer is going to join the U.S.
39:37Mr. Lighthizer is going to join the U.S.
39:40Mr. Lighthizer is going to join the U.S.
39:43Mr. Lighthizer is going to join the U.S.
39:46Mr. Lighthizer is going to join the U.S.
39:49Mr. Lighthizer is going to join the U.S.
39:52Mr. Lighthizer is going to join the U.S.
39:55Mr. Lighthizer is going to join the U.S.
39:58Mr. Lighthizer is going to join the U.S.
40:01Mr. Lighthizer is going to join the U.S.
40:04Mr. Lighthizer is going to join the U.S.
40:07Mr. Lighthizer is going to join the U.S.
40:10Mr. Lighthizer is going to join the U.S.
40:13Mr. Lighthizer is going to join the U.S.
40:16Mr. Lighthizer is going to join the U.S.
40:19Mr. Lighthizer is going to join the U.S.
40:22Mr. Lighthizer is going to join the U.S.
40:25Mr. Lighthizer is going to join the U.S.
40:28Mr. Lighthizer is going to join the U.S.
40:31Mr. Lighthizer is going to join the U.S.
40:34Mr. Lighthizer is going to join the U.S.
40:37Mr. Lighthizer is going to join the U.S.
40:40Mr. Lighthizer is going to join the U.S.
40:43Mr. Lighthizer is going to join the U.S.
40:46Mr. Lighthizer is going to join the U.S.
40:49Mr. Lighthizer is going to join the U.S.
40:52Mr. Lighthizer is going to join the U.S.
40:55Mr. Lighthizer is going to join the U.S.
40:58Mr. Lighthizer is going to join the U.S.
41:01Mr. Lighthizer is going to join the U.S.
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41:07Mr. Lighthizer is going to join the U.S.
41:10Mr. Lighthizer is going to join the U.S.
41:13Mr. Lighthizer is going to join the U.S.
41:16Mr. Lighthizer is going to join the U.S.
41:19Mr. Lighthizer is going to join the U.S.
41:22Mr. Lighthizer is going to join the U.S.
41:25Mr. Lighthizer is going to join the U.S.
41:28Mr. Lighthizer is going to join the U.S.
41:31Mr. Lighthizer is going to join the U.S.
41:34Mr. Lighthizer is going to join the U.S.
41:37Mr. Lighthizer is going to join the U.S.
41:40Mr. Lighthizer is going to join the U.S.
41:43Mr. Lighthizer is going to join the U.S.
41:46Mr. Lighthizer is going to join the U.S.
41:49Mr. Lighthizer is going to join the U.S.
41:52Mr. Lighthizer is going to join the U.S.
41:55Mr. Lighthizer is going to join the U.S.
41:58Mr. Lighthizer is going to join the U.S.
42:01Mr. Lighthizer is going to join the U.S.
42:04Mr. Lighthizer is going to join the U.S.
42:07Mr. Lighthizer is going to join the U.S.
42:10Mr. Lighthizer is going to join the U.S.
42:13Mr. Lighthizer is going to join the U.S.
42:16Mr. Lighthizer is going to join the U.S.
42:19Mr. Lighthizer is going to join the U.S.
42:22Mr. Lighthizer is going to join the U.S.
42:25Mr. Lighthizer is going to join the U.S.
42:28Mr. Lighthizer is going to join the U.S.
42:31Mr. Lighthizer is going to join the U.S.
42:34Mr. Lighthizer is going to join the U.S.
42:37Mr. Lighthizer is going to join the U.S.
42:40Mr. Lighthizer is going to join the U.S.
42:43Mr. Lighthizer is going to join the U.S.
42:46Mr. Lighthizer is going to join the U.S.
42:49Mr. Lighthizer is going to join the U.S.
42:52Mr. Lighthizer is going to join the U.S.
42:55Mr. Lighthizer is going to join the U.S.
42:58Mr. Lighthizer is going to join the U.S.
43:01Mr. Lighthizer is going to join the U.S.
43:04Mr. Lighthizer is going to join the U.S.
43:07Mr. Lighthizer is going to join the U.S.
43:10Mr. Lighthizer is going to join the U.S.
43:13Mr. Lighthizer is going to join the U.S.
43:16Mr. Lighthizer is going to join the U.S.
43:19Mr. Lighthizer is going to join the U.S.
43:22Mr. Lighthizer is going to join the U.S.
43:25Mr. Lighthizer is going to join the U.S.
43:28Mr. Lighthizer is going to join the U.S.
43:31Mr. Lighthizer is going to join the U.S.
43:34Mr. Lighthizer is going to join the U.S.
43:37Mr. Lighthizer is going to join the U.S.
43:40Mr. Lighthizer is going to join the U.S.
43:43Mr. Lighthizer is going to join the U.S.
43:46Mr. Lighthizer is going to join the U.S.
43:49Mr. Lighthizer is going to join the U.S.
43:52Mr. Lighthizer is going to join the U.S.
43:55Mr. Lighthizer is going to join the U.S.
43:58Mr. Lighthizer is going to join the U.S.
44:01Mr. Lighthizer is going to join the U.S.
44:04Mr. Lighthizer is going to join the U.S.
44:07Mr. Lighthizer is going to join the U.S.
44:10Mr. Lighthizer is going to join the U.S.
44:13Mr. Lighthizer is going to join the U.S.
44:16Mr. Lighthizer is going to join the U.S.
44:19Mr. Lighthizer is going to join the U.S.
44:22Mr. Lighthizer is going to join the U.S.
44:25Mr. Lighthizer is going to join the U.S.
44:28Mr. Lighthizer is going to join the U.S.
44:31Mr. Lighthizer is going to join the U.S.
44:34Mr. Lighthizer is going to join the U.S.
44:37Mr. Lighthizer is going to join the U.S.
44:40Mr. Lighthizer is going to join the U.S.
44:43Mr. Lighthizer is going to join the U.S.
44:46Mr. Lighthizer is going to join the U.S.
44:49Mr. Lighthizer is going to join the U.S.
44:52Mr. Lighthizer is going to join the U.S.
44:55Mr. Lighthizer is going to join the U.S.
44:58Mr. Lighthizer is going to join the U.S.
45:01Mr. Lighthizer is going to join the U.S.
45:04Mr. Lighthizer is going to join the U.S.
45:07Mr. Lighthizer is going to join the U.S.
45:10Mr. Lighthizer is going to join the U.S.
45:13Mr. Lighthizer is going to join the U.S.
45:16Mr. Lighthizer is going to join the U.S.
45:19Mr. Lighthizer is going to join the U.S.
45:22Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:30Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:33Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:36Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:39Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:42Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:45Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:48Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:51Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:54Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
45:57Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:00Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:03Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:06Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:09Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:12Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:15Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:18Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:21Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:24Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:27Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:30Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:33Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:36Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:39Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:42Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:45Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:48Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:51Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:54Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
46:57Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:00Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:03Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:06Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:09Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:12Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:15Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:18Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:21Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:24Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:27Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:30Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:33Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:36Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:39Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:42Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:45Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:48Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:51Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:54Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
47:57Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:00Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:03Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:06Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:09Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:12Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:15Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:18Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:21Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:24Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:27Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:30Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:33Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:36Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:39Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:42Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:45Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:48Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:51Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:54Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
48:57Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:00Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:03Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:06Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:09Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:12Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:15Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:18Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:21Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:24Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:27Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:30Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:33Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:36Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:39Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:42Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:45Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:48Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:51Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:54Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
49:57Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
50:00Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
50:03Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
50:06Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
50:09Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
50:12Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
50:15Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
50:18Mr. Kotani, how do you feel about Mr. Xi Jinping being Trump?
50:21For more UN videos visit www.un.org

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