WEBVTT
Kind: captions
Language: en-US

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>> C                            

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>> Catherine: WE                

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>> Catherine: WE CERTA          

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>> Catherine: WE CERTAINLY SAW  

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>> Catherine: WE CERTAINLY SAW  

00:00:03.737 --> 00:00:04.004 line:6% align:center
>> Catherine: WE CERTAINLY SAW  
MARKET                          

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>> Catherine: WE CERTAINLY SAW  
MARKETS PULL BACK               

00:00:04.270 --> 00:00:04.537 line:6% align:center
>> Catherine: WE CERTAINLY SAW  
MARKETS PULL BACK A             

00:00:04.537 --> 00:00:04.804 line:6% align:center
>> Catherine: WE CERTAINLY SAW  
MARKETS PULL BACK A LITTLE B    

00:00:04.804 --> 00:00:05.071 line:6% align:center
>> Catherine: WE CERTAINLY SAW  
MARKETS PULL BACK A LITTLE BIT  

00:00:05.071 --> 00:00:05.338 line:6% align:center
>> Catherine: WE CERTAINLY SAW  
MARKETS PULL BACK A LITTLE BIT  

00:00:05.338 --> 00:00:05.605 line:6% align:center
>> Catherine: WE CERTAINLY SAW  
MARKETS PULL BACK A LITTLE BIT  

00:00:05.605 --> 00:00:05.872 line:6% align:center
>> Catherine: WE CERTAINLY SAW  
MARKETS PULL BACK A LITTLE BIT  

00:00:05.872 --> 00:00:06.139 line:6% align:center
MARKETS PULL BACK A LITTLE BIT  
TODAY.                          

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TODAY.                          

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TODAY.                          

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TODAY.                          
THERE WAS C                     

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TODAY.                          
THERE WAS CONCERN T             

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TODAY.                          
THERE WAS CONCERN THAT          

00:00:07.474 --> 00:00:07.741 line:6% align:center
TODAY.                          
THERE WAS CONCERN THAT A        

00:00:07.741 --> 00:00:08.008 line:6% align:center
TODAY.                          
THERE WAS CONCERN THAT A        

00:00:08.008 --> 00:00:08.274 line:6% align:center
THERE WAS CONCERN THAT A        
PO                              

00:00:08.274 --> 00:00:08.541 line:6% align:center
THERE WAS CONCERN THAT A        
POTENTIAL                       

00:00:08.541 --> 00:00:08.808 line:6% align:center
THERE WAS CONCERN THAT A        
POTENTIAL                       

00:00:08.808 --> 00:00:09.075 line:6% align:center
THERE WAS CONCERN THAT A        
POTENTIAL U.S.-CH               

00:00:09.075 --> 00:00:09.342 line:6% align:center
THERE WAS CONCERN THAT A        
POTENTIAL U.S.-CHINA TRADE      

00:00:09.342 --> 00:00:09.609 line:6% align:center
THERE WAS CONCERN THAT A        
POTENTIAL U.S.-CHINA TRADE D    

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POTENTIAL U.S.-CHINA TRADE DEAL 
IS                              

00:00:09.876 --> 00:00:10.143 line:6% align:center
POTENTIAL U.S.-CHINA TRADE DEAL 
IS ALREADY                      

00:00:10.143 --> 00:00:10.410 line:6% align:center
POTENTIAL U.S.-CHINA TRADE DEAL 
IS ALREADY PRICED I             

00:00:10.410 --> 00:00:10.677 line:6% align:center
POTENTIAL U.S.-CHINA TRADE DEAL 
IS ALREADY PRICED INTO THE      

00:00:10.677 --> 00:00:10.944 line:6% align:center
POTENTIAL U.S.-CHINA TRADE DEAL 
IS ALREADY PRICED INTO THE      

00:00:10.944 --> 00:00:11.211 line:6% align:center
POTENTIAL U.S.-CHINA TRADE DEAL 
IS ALREADY PRICED INTO THE      

00:00:11.211 --> 00:00:11.478 line:6% align:center
IS ALREADY PRICED INTO THE      

00:00:11.478 --> 00:00:11.745 line:6% align:center
MARKET.                         

00:00:11.745 --> 00:00:12.012 line:6% align:center
MARKET.                         
THERE ARE ALSO C                

00:00:12.012 --> 00:00:12.278 line:6% align:center
MARKET.                         
THERE ARE ALSO CONCERNS, OF     

00:00:12.278 --> 00:00:12.545 line:6% align:center
MARKET.                         
THERE ARE ALSO CONCERNS, OF     

00:00:12.545 --> 00:00:12.812 line:6% align:center
THERE ARE ALSO CONCERNS, OF     

00:00:12.812 --> 00:00:13.079 line:6% align:center
THERE ARE ALSO CONCERNS, OF     

00:00:13.079 --> 00:00:13.346 line:6% align:center
THERE ARE ALSO CONCERNS, OF     
CO                              

00:00:13.346 --> 00:00:13.613 line:6% align:center
THERE ARE ALSO CONCERNS, OF     
COURSE, ABOUT S                 

00:00:13.613 --> 00:00:13.880 line:6% align:center
THERE ARE ALSO CONCERNS, OF     
COURSE, ABOUT SLOWER, LOW       

00:00:13.880 --> 00:00:14.147 line:6% align:center
COURSE, ABOUT SLOWER, LOWER     

00:00:14.147 --> 00:00:14.414 line:6% align:center
COURSE, ABOUT SLOWER, LOWER     

00:00:14.414 --> 00:00:14.681 line:6% align:center
COURSE, ABOUT SLOWER, LOWER     
GLOBAL G                        

00:00:14.681 --> 00:00:14.948 line:6% align:center
GLOBAL GROWTH.                  
JO                              

00:00:14.948 --> 00:00:15.215 line:6% align:center
GLOBAL GROWTH.                  
JOINING US NOW                  

00:00:15.215 --> 00:00:15.482 line:6% align:center
GLOBAL GROWTH.                  
JOINING US NOW FOR              

00:00:15.482 --> 00:00:15.749 line:6% align:center
GLOBAL GROWTH.                  
JOINING US NOW FOR A            

00:00:15.749 --> 00:00:16.016 line:6% align:center
GLOBAL GROWTH.                  
JOINING US NOW FOR A LOO        

00:00:16.016 --> 00:00:16.282 line:6% align:center
GLOBAL GROWTH.                  
JOINING US NOW FOR A LOOK IS    

00:00:16.282 --> 00:00:16.549 line:6% align:center
JOINING US NOW FOR A LOOK IS    
DANA                            

00:00:16.549 --> 00:00:16.816 line:6% align:center
JOINING US NOW FOR A LOOK IS    
DANA                            

00:00:16.816 --> 00:00:17.083 line:6% align:center
JOINING US NOW FOR A LOOK IS    
DANA                            

00:00:17.083 --> 00:00:17.350 line:6% align:center
JOINING US NOW FOR A LOOK IS    
DANA                            

00:00:17.350 --> 00:00:17.617 line:6% align:center
JOINING US NOW FOR A LOOK IS    
DANA PETERSON, NOR              

00:00:17.617 --> 00:00:17.884 line:6% align:center
JOINING US NOW FOR A LOOK IS    
DANA PETERSON, NORTH AMERICAN   

00:00:17.884 --> 00:00:18.151 line:6% align:center
DANA PETERSON, NORTH AMERICAN   
ECONOMIST AT                    

00:00:18.151 --> 00:00:18.418 line:6% align:center
DANA PETERSON, NORTH AMERICAN   
ECONOMIST AT C                  

00:00:18.418 --> 00:00:18.685 line:6% align:center
DANA PETERSON, NORTH AMERICAN   
ECONOMIST AT CITI.              

00:00:18.685 --> 00:00:18.952 line:6% align:center
DANA PETERSON, NORTH AMERICAN   
ECONOMIST AT CITI.              

00:00:18.952 --> 00:00:19.219 line:6% align:center
DANA PETERSON, NORTH AMERICAN   
ECONOMIST AT CITI.              

00:00:19.219 --> 00:00:19.486 line:6% align:center
DANA PETERSON, NORTH AMERICAN   
ECONOMIST AT CITI.              

00:00:19.486 --> 00:00:19.753 line:6% align:center
ECONOMIST AT CITI.              
DA                              

00:00:19.753 --> 00:00:20.020 line:6% align:center
ECONOMIST AT CITI.              
DANA, GOOD TO B                 

00:00:20.020 --> 00:00:20.286 line:6% align:center
ECONOMIST AT CITI.              
DANA, GOOD TO BE ABLE           

00:00:20.286 --> 00:00:20.553 line:6% align:center
ECONOMIST AT CITI.              
DANA, GOOD TO BE ABLE TO        

00:00:20.553 --> 00:00:20.820 line:6% align:center
ECONOMIST AT CITI.              
DANA, GOOD TO BE ABLE TO CATCH  

00:00:20.820 --> 00:00:21.087 line:6% align:center
DANA, GOOD TO BE ABLE TO CATCH  
UP W                            

00:00:21.087 --> 00:00:21.354 line:6% align:center
DANA, GOOD TO BE ABLE TO CATCH  
UP WITH YOU                     

00:00:21.354 --> 00:00:21.621 line:6% align:center
DANA, GOOD TO BE ABLE TO CATCH  
UP WITH YOU TODAY               

00:00:21.621 --> 00:00:21.888 line:6% align:center
UP WITH YOU TODAY.              
THANK Y                         

00:00:21.888 --> 00:00:22.155 line:6% align:center
UP WITH YOU TODAY.              
THANK YOU SO MUCH FOR           

00:00:22.155 --> 00:00:22.422 line:6% align:center
UP WITH YOU TODAY.              
THANK YOU SO MUCH FOR JOI       

00:00:22.422 --> 00:00:22.689 line:6% align:center
THANK YOU SO MUCH FOR JOINING   
US                              

00:00:22.689 --> 00:00:22.956 line:6% align:center
US.                             
>> THA                          

00:00:22.956 --> 00:00:23.223 line:6% align:center
>> THANK YOU.                   
>>                              

00:00:23.223 --> 00:00:23.490 line:6% align:center
>> THANK YOU.                   
>> Catherine: A                 

00:00:23.490 --> 00:00:23.757 line:6% align:center
>> THANK YOU.                   
>> Catherine: AND               

00:00:23.757 --> 00:00:24.024 line:6% align:center
>> THANK YOU.                   
>> Catherine: AND I             

00:00:24.024 --> 00:00:24.290 line:6% align:center
>> THANK YOU.                   
>> Catherine: AND I WANT        

00:00:24.290 --> 00:00:24.557 line:6% align:center
>> THANK YOU.                   
>> Catherine: AND I WANT TO     

00:00:24.557 --> 00:00:24.824 line:6% align:center
>> THANK YOU.                   
>> Catherine: AND I WANT TO     

00:00:24.824 --> 00:00:25.091 line:6% align:center
>> Catherine: AND I WANT TO     
ACTUALLY FIR                    

00:00:25.091 --> 00:00:25.358 line:6% align:center
>> Catherine: AND I WANT TO     
ACTUALLY FIRST BRING U          

00:00:25.358 --> 00:00:25.625 line:6% align:center
>> Catherine: AND I WANT TO     
ACTUALLY FIRST BRING UP AN      

00:00:25.625 --> 00:00:25.892 line:6% align:center
ACTUALLY FIRST BRING UP AN      

00:00:25.892 --> 00:00:26.159 line:6% align:center
ACTUALLY FIRST BRING UP AN      
ARTICLE --                      

00:00:26.159 --> 00:00:26.426 line:6% align:center
ACTUALLY FIRST BRING UP AN      
ARTICLE -- WELL, IT             

00:00:26.426 --> 00:00:26.693 line:6% align:center
ACTUALLY FIRST BRING UP AN      
ARTICLE -- WELL, IT WAS         

00:00:26.693 --> 00:00:26.960 line:6% align:center
ACTUALLY FIRST BRING UP AN      
ARTICLE -- WELL, IT WAS A       

00:00:26.960 --> 00:00:27.227 line:6% align:center
ARTICLE -- WELL, IT WAS A REPORT

00:00:27.227 --> 00:00:27.494 line:6% align:center
ARTICLE -- WELL, IT WAS A REPORT
THAT YOU                        

00:00:27.494 --> 00:00:27.761 line:6% align:center
ARTICLE -- WELL, IT WAS A REPORT
THAT YOU WROTE                  

00:00:27.761 --> 00:00:28.028 line:6% align:center
ARTICLE -- WELL, IT WAS A REPORT
THAT YOU WROTE THAT             

00:00:28.028 --> 00:00:28.294 line:6% align:center
ARTICLE -- WELL, IT WAS A REPORT
THAT YOU WROTE THAT BLOOMBERG   

00:00:28.294 --> 00:00:28.561 line:6% align:center
THAT YOU WROTE THAT BLOOMBERG   

00:00:28.561 --> 00:00:28.828 line:6% align:center
THAT YOU WROTE THAT BLOOMBERG   
PICKED                          

00:00:28.828 --> 00:00:29.095 line:6% align:center
PICKED UP.                      

00:00:29.095 --> 00:00:29.362 line:6% align:center
PICKED UP.                      
LET'S TALK                      

00:00:29.362 --> 00:00:29.629 line:6% align:center
PICKED UP.                      
LET'S TALK A                    

00:00:29.629 --> 00:00:29.896 line:6% align:center
PICKED UP.                      
LET'S TALK A LITTLE B           

00:00:29.896 --> 00:00:30.163 line:6% align:center
PICKED UP.                      
LET'S TALK A LITTLE BIT ABOUT   

00:00:30.163 --> 00:00:30.430 line:6% align:center
LET'S TALK A LITTLE BIT ABOUT   

00:00:30.430 --> 00:00:30.697 line:6% align:center
THIS.                           

00:00:30.697 --> 00:00:30.964 line:6% align:center
THIS.                           
BECAUSE YOU S                   

00:00:30.964 --> 00:00:31.231 line:6% align:center
THIS.                           
BECAUSE YOU SAY T               

00:00:31.231 --> 00:00:31.498 line:6% align:center
THIS.                           
BECAUSE YOU SAY THAT EVE        

00:00:31.498 --> 00:00:31.765 line:6% align:center
THIS.                           
BECAUSE YOU SAY THAT EVEN IF    

00:00:31.765 --> 00:00:32.032 line:6% align:center
BECAUSE YOU SAY THAT EVEN IF    

00:00:32.032 --> 00:00:32.298 line:6% align:center
BECAUSE YOU SAY THAT EVEN IF    
U.S. AND                        

00:00:32.298 --> 00:00:32.565 line:6% align:center
BECAUSE YOU SAY THAT EVEN IF    
U.S. AND CHINA                  

00:00:32.565 --> 00:00:32.832 line:6% align:center
BECAUSE YOU SAY THAT EVEN IF    
U.S. AND CHINA DO R             

00:00:32.832 --> 00:00:33.099 line:6% align:center
BECAUSE YOU SAY THAT EVEN IF    
U.S. AND CHINA DO REACH SOM     

00:00:33.099 --> 00:00:33.366 line:6% align:center
BECAUSE YOU SAY THAT EVEN IF    
U.S. AND CHINA DO REACH SOME    

00:00:33.366 --> 00:00:33.633 line:6% align:center
U.S. AND CHINA DO REACH SOME    
TYPE O                          

00:00:33.633 --> 00:00:33.900 line:6% align:center
U.S. AND CHINA DO REACH SOME    
TYPE OF TRADE                   

00:00:33.900 --> 00:00:34.167 line:6% align:center
U.S. AND CHINA DO REACH SOME    
TYPE OF TRADE                   

00:00:34.167 --> 00:00:34.434 line:6% align:center
U.S. AND CHINA DO REACH SOME    
TYPE OF TRADE AGREEMENT         

00:00:34.434 --> 00:00:34.701 line:6% align:center
U.S. AND CHINA DO REACH SOME    
TYPE OF TRADE AGREEMENT,        

00:00:34.701 --> 00:00:34.968 line:6% align:center
TYPE OF TRADE AGREEMENT, THE    

00:00:34.968 --> 00:00:35.235 line:6% align:center
TYPE OF TRADE AGREEMENT, THE    
UNITED STATES                   

00:00:35.235 --> 00:00:35.502 line:6% align:center
TYPE OF TRADE AGREEMENT, THE    
UNITED STATES WON'T             

00:00:35.502 --> 00:00:35.769 line:6% align:center
TYPE OF TRADE AGREEMENT, THE    
UNITED STATES WON'T             

00:00:35.769 --> 00:00:36.036 line:6% align:center
TYPE OF TRADE AGREEMENT, THE    
UNITED STATES WON'T BE          

00:00:36.036 --> 00:00:36.302 line:6% align:center
TYPE OF TRADE AGREEMENT, THE    
UNITED STATES WON'T BE ABLE     

00:00:36.302 --> 00:00:36.569 line:6% align:center
TYPE OF TRADE AGREEMENT, THE    
UNITED STATES WON'T BE ABLE TO  

00:00:36.569 --> 00:00:36.836 line:6% align:center
TYPE OF TRADE AGREEMENT, THE    
UNITED STATES WON'T BE ABLE TO  

00:00:36.836 --> 00:00:37.103 line:6% align:center
UNITED STATES WON'T BE ABLE TO  
FULFIL                          

00:00:37.103 --> 00:00:37.370 line:6% align:center
UNITED STATES WON'T BE ABLE TO  
FULFIL THEIR                    

00:00:37.370 --> 00:00:37.637 line:6% align:center
UNITED STATES WON'T BE ABLE TO  
FULFIL THEIR DEAL               

00:00:37.637 --> 00:00:37.904 line:6% align:center
UNITED STATES WON'T BE ABLE TO  
FULFIL THEIR DEAL               

00:00:37.904 --> 00:00:38.171 line:6% align:center
UNITED STATES WON'T BE ABLE TO  
FULFIL THEIR DEAL ON THE        

00:00:38.171 --> 00:00:38.438 line:6% align:center
UNITED STATES WON'T BE ABLE TO  
FULFIL THEIR DEAL ON THE EXPORT 

00:00:38.438 --> 00:00:38.705 line:6% align:center
UNITED STATES WON'T BE ABLE TO  
FULFIL THEIR DEAL ON THE EXPORT 

00:00:38.705 --> 00:00:38.972 line:6% align:center
FULFIL THEIR DEAL ON THE EXPORT 
FR                              

00:00:38.972 --> 00:00:39.239 line:6% align:center
FRONT.                          
CAN YO                          

00:00:39.239 --> 00:00:39.506 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:39.506 --> 00:00:39.773 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:39.773 --> 00:00:40.040 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:40.040 --> 00:00:40.306 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:40.306 --> 00:00:40.573 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:40.573 --> 00:00:40.840 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:40.840 --> 00:00:41.107 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:41.107 --> 00:00:41.374 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:41.374 --> 00:00:41.641 line:6% align:center
FRONT.                          
CAN YOU EXPLAIN THIS?           

00:00:41.641 --> 00:00:41.908 line:6% align:center
CAN YOU EXPLAIN THIS?           

00:00:41.908 --> 00:00:42.175 line:6% align:center
>> SURE.                        

00:00:42.175 --> 00:00:42.442 line:6% align:center
>> SURE.                        
SO WE LOOKED A                  

00:00:42.442 --> 00:00:42.709 line:6% align:center
>> SURE.                        
SO WE LOOKED AT                 

00:00:42.709 --> 00:00:42.976 line:6% align:center
>> SURE.                        
SO WE LOOKED AT A               

00:00:42.976 --> 00:00:43.243 line:6% align:center
>> SURE.                        
SO WE LOOKED AT A MODEL         

00:00:43.243 --> 00:00:43.510 line:6% align:center
>> SURE.                        
SO WE LOOKED AT A MODEL         

00:00:43.510 --> 00:00:43.777 line:6% align:center
>> SURE.                        
SO WE LOOKED AT A MODEL PROVIDED

00:00:43.777 --> 00:00:44.044 line:6% align:center
>> SURE.                        
SO WE LOOKED AT A MODEL PROVIDED

00:00:44.044 --> 00:00:44.310 line:6% align:center
>> SURE.                        
SO WE LOOKED AT A MODEL PROVIDED

00:00:44.310 --> 00:00:44.577 line:6% align:center
SO WE LOOKED AT A MODEL PROVIDED

00:00:44.577 --> 00:00:44.844 line:6% align:center
SO WE LOOKED AT A MODEL PROVIDED
BY THE                          

00:00:44.844 --> 00:00:45.111 line:6% align:center
SO WE LOOKED AT A MODEL PROVIDED
BY THE                          

00:00:45.111 --> 00:00:45.378 line:6% align:center
SO WE LOOKED AT A MODEL PROVIDED
BY THE                          

00:00:45.378 --> 00:00:45.645 line:6% align:center
SO WE LOOKED AT A MODEL PROVIDED
BY THE                          

00:00:45.645 --> 00:00:45.912 line:6% align:center
SO WE LOOKED AT A MODEL PROVIDED
BY THE INTER                    

00:00:45.912 --> 00:00:46.179 line:6% align:center
SO WE LOOKED AT A MODEL PROVIDED
BY THE INTERNATIONAL TRADE      

00:00:46.179 --> 00:00:46.446 line:6% align:center
SO WE LOOKED AT A MODEL PROVIDED
BY THE INTERNATIONAL TRADE      

00:00:46.446 --> 00:00:46.713 line:6% align:center
BY THE INTERNATIONAL TRADE      

00:00:46.713 --> 00:00:46.980 line:6% align:center
CENTRE.                         
TH                              

00:00:46.980 --> 00:00:47.247 line:6% align:center
CENTRE.                         
THEY HAD SOMETHING              

00:00:47.247 --> 00:00:47.514 line:6% align:center
CENTRE.                         
THEY HAD SOMETHING CALLED       

00:00:47.514 --> 00:00:47.781 line:6% align:center
CENTRE.                         
THEY HAD SOMETHING CALLED THE   

00:00:47.781 --> 00:00:48.048 line:6% align:center
THEY HAD SOMETHING CALLED THE   

00:00:48.048 --> 00:00:48.314 line:6% align:center
THEY HAD SOMETHING CALLED THE   
EXPORT                          

00:00:48.314 --> 00:00:48.581 line:6% align:center
THEY HAD SOMETHING CALLED THE   
EXPORT POTENTIAL                

00:00:48.581 --> 00:00:48.848 line:6% align:center
THEY HAD SOMETHING CALLED THE   
EXPORT POTENTIAL M              

00:00:48.848 --> 00:00:49.115 line:6% align:center
THEY HAD SOMETHING CALLED THE   
EXPORT POTENTIAL MODEL.         

00:00:49.115 --> 00:00:49.382 line:6% align:center
EXPORT POTENTIAL MODEL.         
AN                              

00:00:49.382 --> 00:00:49.649 line:6% align:center
EXPORT POTENTIAL MODEL.         
AND IT                          

00:00:49.649 --> 00:00:49.916 line:6% align:center
EXPORT POTENTIAL MODEL.         
AND IT ESS                      

00:00:49.916 --> 00:00:50.183 line:6% align:center
EXPORT POTENTIAL MODEL.         
AND IT ESSENTIALLY LOO          

00:00:50.183 --> 00:00:50.450 line:6% align:center
EXPORT POTENTIAL MODEL.         
AND IT ESSENTIALLY LOOKS AT     

00:00:50.450 --> 00:00:50.717 line:6% align:center
EXPORT POTENTIAL MODEL.         
AND IT ESSENTIALLY LOOKS AT     

00:00:50.717 --> 00:00:50.984 line:6% align:center
EXPORT POTENTIAL MODEL.         
AND IT ESSENTIALLY LOOKS AT THE 

00:00:50.984 --> 00:00:51.251 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 

00:00:51.251 --> 00:00:51.518 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR                     

00:00:51.518 --> 00:00:51.785 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR D                   

00:00:51.785 --> 00:00:52.052 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR DIFFERENT           

00:00:52.052 --> 00:00:52.318 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR DIFFERENT           

00:00:52.318 --> 00:00:52.585 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR DIFFERENT           

00:00:52.585 --> 00:00:52.852 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR DIFFERENT           

00:00:52.852 --> 00:00:53.119 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR DIFFERENT           

00:00:53.119 --> 00:00:53.386 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR DIFFERENT ECO       

00:00:53.386 --> 00:00:53.653 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR DIFFERENT ECONOMIES 

00:00:53.653 --> 00:00:53.920 line:6% align:center
AND IT ESSENTIALLY LOOKS AT THE 
ABILITY FOR DIFFERENT ECONOMIES 

00:00:53.920 --> 00:00:54.187 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO                              

00:00:54.187 --> 00:00:54.454 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT                       

00:00:54.454 --> 00:00:54.721 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT                       

00:00:54.721 --> 00:00:54.988 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT                       

00:00:54.988 --> 00:00:55.255 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT                       

00:00:55.255 --> 00:00:55.522 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT                       

00:00:55.522 --> 00:00:55.789 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT                       

00:00:55.789 --> 00:00:56.056 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT                       

00:00:56.056 --> 00:00:56.322 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT G                     

00:00:56.322 --> 00:00:56.589 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT GOODS TO              

00:00:56.589 --> 00:00:56.856 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT GOODS TO              

00:00:56.856 --> 00:00:57.123 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT GOODS TO OTHER        

00:00:57.123 --> 00:00:57.390 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT GOODS TO OTHER        

00:00:57.390 --> 00:00:57.657 line:6% align:center
ABILITY FOR DIFFERENT ECONOMIES 
TO EXPORT GOODS TO OTHER        

00:00:57.657 --> 00:00:57.924 line:6% align:center
TO EXPORT GOODS TO OTHER        

00:00:57.924 --> 00:00:58.191 line:6% align:center
TO EXPORT GOODS TO OTHER        
COUNTRIES.                      

00:00:58.191 --> 00:00:58.458 line:6% align:center
COUNTRIES.                      
AND                             

00:00:58.458 --> 00:00:58.725 line:6% align:center
COUNTRIES.                      
AND THE T                       

00:00:58.725 --> 00:00:58.992 line:6% align:center
COUNTRIES.                      
AND THE TIME                    

00:00:58.992 --> 00:00:59.259 line:6% align:center
COUNTRIES.                      
AND THE TIME SPAN W             

00:00:59.259 --> 00:00:59.526 line:6% align:center
COUNTRIES.                      
AND THE TIME SPAN WAS           

00:00:59.526 --> 00:00:59.793 line:6% align:center
COUNTRIES.                      
AND THE TIME SPAN WAS           

00:00:59.793 --> 00:01:00.060 line:6% align:center
COUNTRIES.                      
AND THE TIME SPAN WAS           

00:01:00.060 --> 00:01:00.326 line:6% align:center
COUNTRIES.                      
AND THE TIME SPAN WAS FROM 2013 

00:01:00.326 --> 00:01:00.593 line:6% align:center
AND THE TIME SPAN WAS FROM 2013 

00:01:00.593 --> 00:01:00.860 line:6% align:center
AND THE TIME SPAN WAS FROM 2013 
TO                              

00:01:00.860 --> 00:01:01.127 line:6% align:center
AND THE TIME SPAN WAS FROM 2013 
TO 2017.                        

00:01:01.127 --> 00:01:01.394 line:6% align:center
TO 2017.                        
AND IT S                        

00:01:01.394 --> 00:01:01.661 line:6% align:center
TO 2017.                        
AND IT SAID THAT                

00:01:01.661 --> 00:01:01.928 line:6% align:center
TO 2017.                        
AND IT SAID THAT THE U.S.       

00:01:01.928 --> 00:01:02.195 line:6% align:center
TO 2017.                        
AND IT SAID THAT THE U.S. HAD   

00:01:02.195 --> 00:01:02.462 line:6% align:center
AND IT SAID THAT THE U.S. HAD   
THE                             

00:01:02.462 --> 00:01:02.729 line:6% align:center
AND IT SAID THAT THE U.S. HAD   
THE                             

00:01:02.729 --> 00:01:02.996 line:6% align:center
AND IT SAID THAT THE U.S. HAD   
THE                             

00:01:02.996 --> 00:01:03.263 line:6% align:center
AND IT SAID THAT THE U.S. HAD   
THE                             

00:01:03.263 --> 00:01:03.530 line:6% align:center
AND IT SAID THAT THE U.S. HAD   
THE                             

00:01:03.530 --> 00:01:03.797 line:6% align:center
AND IT SAID THAT THE U.S. HAD   
THE POTEN                       

00:01:03.797 --> 00:01:04.064 line:6% align:center
AND IT SAID THAT THE U.S. HAD   
THE POTENTIAL TO EXPORT         

00:01:04.064 --> 00:01:04.330 line:6% align:center
AND IT SAID THAT THE U.S. HAD   
THE POTENTIAL TO EXPORT QUITE A 

00:01:04.330 --> 00:01:04.597 line:6% align:center
THE POTENTIAL TO EXPORT QUITE A 

00:01:04.597 --> 00:01:04.864 line:6% align:center
THE POTENTIAL TO EXPORT QUITE A 
BIT                             

00:01:04.864 --> 00:01:05.131 line:6% align:center
THE POTENTIAL TO EXPORT QUITE A 
BIT OF GOODS                    

00:01:05.131 --> 00:01:05.398 line:6% align:center
THE POTENTIAL TO EXPORT QUITE A 
BIT OF GOODS TO                 

00:01:05.398 --> 00:01:05.665 line:6% align:center
THE POTENTIAL TO EXPORT QUITE A 
BIT OF GOODS TO CHINA,          

00:01:05.665 --> 00:01:05.932 line:6% align:center
THE POTENTIAL TO EXPORT QUITE A 
BIT OF GOODS TO CHINA,          

00:01:05.932 --> 00:01:06.199 line:6% align:center
THE POTENTIAL TO EXPORT QUITE A 
BIT OF GOODS TO CHINA, ABOUT    

00:01:06.199 --> 00:01:06.466 line:6% align:center
THE POTENTIAL TO EXPORT QUITE A 
BIT OF GOODS TO CHINA, ABOUT    

00:01:06.466 --> 00:01:06.733 line:6% align:center
BIT OF GOODS TO CHINA, ABOUT    

00:01:06.733 --> 00:01:07.000 line:6% align:center
BIT OF GOODS TO CHINA, ABOUT    
$80 BILLION.                    

00:01:07.000 --> 00:01:07.267 line:6% align:center
$80 BILLION.                    

00:01:07.267 --> 00:01:07.534 line:6% align:center
$80 BILLION.                    
WHEN YOU LOO                    

00:01:07.534 --> 00:01:07.801 line:6% align:center
$80 BILLION.                    
WHEN YOU LOOK AT THAT           

00:01:07.801 --> 00:01:08.068 line:6% align:center
$80 BILLION.                    
WHEN YOU LOOK AT THAT           

00:01:08.068 --> 00:01:08.334 line:6% align:center
$80 BILLION.                    
WHEN YOU LOOK AT THAT           

00:01:08.334 --> 00:01:08.601 line:6% align:center
$80 BILLION.                    
WHEN YOU LOOK AT THAT           

00:01:08.601 --> 00:01:08.868 line:6% align:center
$80 BILLION.                    
WHEN YOU LOOK AT THAT           

00:01:08.868 --> 00:01:09.135 line:6% align:center
$80 BILLION.                    
WHEN YOU LOOK AT THAT           

00:01:09.135 --> 00:01:09.402 line:6% align:center
$80 BILLION.                    
WHEN YOU LOOK AT THAT BREAKDO   

00:01:09.402 --> 00:01:09.669 line:6% align:center
WHEN YOU LOOK AT THAT BREAKDOWN,
SOME O                          

00:01:09.669 --> 00:01:09.936 line:6% align:center
WHEN YOU LOOK AT THAT BREAKDOWN,
SOME OF IT                      

00:01:09.936 --> 00:01:10.203 line:6% align:center
WHEN YOU LOOK AT THAT BREAKDOWN,
SOME OF IT IS                   

00:01:10.203 --> 00:01:10.470 line:6% align:center
WHEN YOU LOOK AT THAT BREAKDOWN,
SOME OF IT IS REA               

00:01:10.470 --> 00:01:10.737 line:6% align:center
WHEN YOU LOOK AT THAT BREAKDOWN,
SOME OF IT IS REALIZED P        

00:01:10.737 --> 00:01:11.004 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AN                              

00:01:11.004 --> 00:01:11.271 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME                        

00:01:11.271 --> 00:01:11.538 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME OF I                   

00:01:11.538 --> 00:01:11.805 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME OF IT IS               

00:01:11.805 --> 00:01:12.072 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME OF IT IS               

00:01:12.072 --> 00:01:12.338 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME OF IT IS U             

00:01:12.338 --> 00:01:12.605 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME OF IT IS UNREALIZED    

00:01:12.605 --> 00:01:12.872 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME OF IT IS UNREALIZED    

00:01:12.872 --> 00:01:13.139 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME OF IT IS UNREALIZED    

00:01:13.139 --> 00:01:13.406 line:6% align:center
SOME OF IT IS REALIZED POTENTIAL
AND SOME OF IT IS UNREALIZED    

00:01:13.406 --> 00:01:13.673 line:6% align:center
AND SOME OF IT IS UNREALIZED    
POTENTIAL.                      

00:01:13.673 --> 00:01:13.940 line:6% align:center
POTENTIAL.                      
OF THE                          

00:01:13.940 --> 00:01:14.207 line:6% align:center
POTENTIAL.                      
OF THE REA                      

00:01:14.207 --> 00:01:14.474 line:6% align:center
POTENTIAL.                      
OF THE REALIZED                 

00:01:14.474 --> 00:01:14.741 line:6% align:center
POTENTIAL.                      
OF THE REALIZED                 

00:01:14.741 --> 00:01:15.008 line:6% align:center
POTENTIAL.                      
OF THE REALIZED                 

00:01:15.008 --> 00:01:15.275 line:6% align:center
POTENTIAL.                      
OF THE REALIZED POTENTIAL,      

00:01:15.275 --> 00:01:15.542 line:6% align:center
OF THE REALIZED POTENTIAL, THAT 

00:01:15.542 --> 00:01:15.809 line:6% align:center
OF THE REALIZED POTENTIAL, THAT 
COULD BE PRE                    

00:01:15.809 --> 00:01:16.076 line:6% align:center
OF THE REALIZED POTENTIAL, THAT 
COULD BE PRETTY                 

00:01:16.076 --> 00:01:16.342 line:6% align:center
OF THE REALIZED POTENTIAL, THAT 
COULD BE PRETTY CLOSE           

00:01:16.342 --> 00:01:16.609 line:6% align:center
OF THE REALIZED POTENTIAL, THAT 
COULD BE PRETTY CLOSE TO ACTU   

00:01:16.609 --> 00:01:16.876 line:6% align:center
OF THE REALIZED POTENTIAL, THAT 
COULD BE PRETTY CLOSE TO ACTUAL 

00:01:16.876 --> 00:01:17.143 line:6% align:center
OF THE REALIZED POTENTIAL, THAT 
COULD BE PRETTY CLOSE TO ACTUAL 

00:01:17.143 --> 00:01:17.410 line:6% align:center
OF THE REALIZED POTENTIAL, THAT 
COULD BE PRETTY CLOSE TO ACTUAL 

00:01:17.410 --> 00:01:17.677 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 

00:01:17.677 --> 00:01:17.944 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHO                  

00:01:17.944 --> 00:01:18.211 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH               

00:01:18.211 --> 00:01:18.478 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH               

00:01:18.478 --> 00:01:18.745 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH               

00:01:18.745 --> 00:01:19.012 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH               

00:01:19.012 --> 00:01:19.279 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH               

00:01:19.279 --> 00:01:19.546 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH               

00:01:19.546 --> 00:01:19.813 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH               

00:01:19.813 --> 00:01:20.080 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH ANY           

00:01:20.080 --> 00:01:20.346 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH ANY           

00:01:20.346 --> 00:01:20.613 line:6% align:center
COULD BE PRETTY CLOSE TO ACTUAL 
EXPORTS, ALTHOUGH ANY           

00:01:20.613 --> 00:01:20.880 line:6% align:center
EXPORTS, ALTHOUGH ANY           

00:01:20.880 --> 00:01:21.147 line:6% align:center
EXPORTS, ALTHOUGH ANY           
DIFFERENCES                     

00:01:21.147 --> 00:01:21.414 line:6% align:center
EXPORTS, ALTHOUGH ANY           
DIFFERENCES                     

00:01:21.414 --> 00:01:21.681 line:6% align:center
EXPORTS, ALTHOUGH ANY           
DIFFERENCES WOULD               

00:01:21.681 --> 00:01:21.948 line:6% align:center
EXPORTS, ALTHOUGH ANY           
DIFFERENCES WOULD SUGGEST THA   

00:01:21.948 --> 00:01:22.215 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  

00:01:22.215 --> 00:01:22.482 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS                         

00:01:22.482 --> 00:01:22.749 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS                         

00:01:22.749 --> 00:01:23.016 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS                         

00:01:23.016 --> 00:01:23.283 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS                         

00:01:23.283 --> 00:01:23.550 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS                         

00:01:23.550 --> 00:01:23.817 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS                         

00:01:23.817 --> 00:01:24.084 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS                         

00:01:24.084 --> 00:01:24.350 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S.                

00:01:24.350 --> 00:01:24.617 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S.                

00:01:24.617 --> 00:01:24.884 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S.                

00:01:24.884 --> 00:01:25.151 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S. I              

00:01:25.151 --> 00:01:25.418 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S. IS             

00:01:25.418 --> 00:01:25.685 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S. IS SEN         

00:01:25.685 --> 00:01:25.952 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S. IS SENDING     

00:01:25.952 --> 00:01:26.219 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S. IS SENDING     

00:01:26.219 --> 00:01:26.486 line:6% align:center
DIFFERENCES WOULD SUGGEST THAT  
PERHAPS THE U.S. IS SENDING MORE

00:01:26.486 --> 00:01:26.753 line:6% align:center
PERHAPS THE U.S. IS SENDING MORE

00:01:26.753 --> 00:01:27.020 line:6% align:center
PERHAPS THE U.S. IS SENDING MORE
GOODS TO C                      

00:01:27.020 --> 00:01:27.287 line:6% align:center
PERHAPS THE U.S. IS SENDING MORE
GOODS TO CERTAIN                

00:01:27.287 --> 00:01:27.554 line:6% align:center
PERHAPS THE U.S. IS SENDING MORE
GOODS TO CERTAIN ECONOMIES      

00:01:27.554 --> 00:01:27.821 line:6% align:center
GOODS TO CERTAIN ECONOMIES THAN 

00:01:27.821 --> 00:01:28.088 line:6% align:center
GOODS TO CERTAIN ECONOMIES THAN 
THEY                            

00:01:28.088 --> 00:01:28.354 line:6% align:center
GOODS TO CERTAIN ECONOMIES THAN 
THEY SHOULD BE.                 

00:01:28.354 --> 00:01:28.621 line:6% align:center
THEY SHOULD BE.                 
WITH                            

00:01:28.621 --> 00:01:28.888 line:6% align:center
THEY SHOULD BE.                 
WITH                            

00:01:28.888 --> 00:01:29.155 line:6% align:center
THEY SHOULD BE.                 
WITH THAT                       

00:01:29.155 --> 00:01:29.422 line:6% align:center
THEY SHOULD BE.                 
WITH THAT                       

00:01:29.422 --> 00:01:29.689 line:6% align:center
THEY SHOULD BE.                 
WITH THAT UNTAPPED EXP          

00:01:29.689 --> 00:01:29.956 line:6% align:center
THEY SHOULD BE.                 
WITH THAT UNTAPPED EXPORT       

00:01:29.956 --> 00:01:30.223 line:6% align:center
THEY SHOULD BE.                 
WITH THAT UNTAPPED EXPORT       

00:01:30.223 --> 00:01:30.490 line:6% align:center
WITH THAT UNTAPPED EXPORT       
POTENT                          

00:01:30.490 --> 00:01:30.757 line:6% align:center
WITH THAT UNTAPPED EXPORT       
POTENTIAL, IT'S O               

00:01:30.757 --> 00:01:31.024 line:6% align:center
WITH THAT UNTAPPED EXPORT       
POTENTIAL, IT'S ONLY ABOUT      

00:01:31.024 --> 00:01:31.291 line:6% align:center
WITH THAT UNTAPPED EXPORT       
POTENTIAL, IT'S ONLY ABOUT      

00:01:31.291 --> 00:01:31.558 line:6% align:center
WITH THAT UNTAPPED EXPORT       
POTENTIAL, IT'S ONLY ABOUT      

00:01:31.558 --> 00:01:31.825 line:6% align:center
POTENTIAL, IT'S ONLY ABOUT      

00:01:31.825 --> 00:01:32.092 line:6% align:center
POTENTIAL, IT'S ONLY ABOUT      
$60 BILLION.                    

00:01:32.092 --> 00:01:32.358 line:6% align:center
$60 BILLION.                    
AND NOW W                       

00:01:32.358 --> 00:01:32.625 line:6% align:center
$60 BILLION.                    
AND NOW WHAT T                  

00:01:32.625 --> 00:01:32.892 line:6% align:center
$60 BILLION.                    
AND NOW WHAT THE                

00:01:32.892 --> 00:01:33.159 line:6% align:center
$60 BILLION.                    
AND NOW WHAT THE                

00:01:33.159 --> 00:01:33.426 line:6% align:center
$60 BILLION.                    
AND NOW WHAT THE                

00:01:33.426 --> 00:01:33.693 line:6% align:center
$60 BILLION.                    
AND NOW WHAT THE U              

00:01:33.693 --> 00:01:33.960 line:6% align:center
$60 BILLION.                    
AND NOW WHAT THE U.S. AND C     

00:01:33.960 --> 00:01:34.227 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 

00:01:34.227 --> 00:01:34.494 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
AR                              

00:01:34.494 --> 00:01:34.761 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING                     

00:01:34.761 --> 00:01:35.028 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT               

00:01:35.028 --> 00:01:35.295 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT               

00:01:35.295 --> 00:01:35.562 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT IS RAMPI      

00:01:35.562 --> 00:01:35.829 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT IS RAMPING    

00:01:35.829 --> 00:01:36.096 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT IS RAMPING    

00:01:36.096 --> 00:01:36.362 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT IS RAMPING    

00:01:36.362 --> 00:01:36.629 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT IS RAMPING    

00:01:36.629 --> 00:01:36.896 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT IS RAMPING UP 

00:01:36.896 --> 00:01:37.163 line:6% align:center
AND NOW WHAT THE U.S. AND CHINA 
ARE TALKING ABOUT IS RAMPING UP 

00:01:37.163 --> 00:01:37.430 line:6% align:center
ARE TALKING ABOUT IS RAMPING UP 
TRADE                           

00:01:37.430 --> 00:01:37.697 line:6% align:center
ARE TALKING ABOUT IS RAMPING UP 
TRADE OF ROUGHLY                

00:01:37.697 --> 00:01:37.964 line:6% align:center
ARE TALKING ABOUT IS RAMPING UP 
TRADE OF ROUGHLY                

00:01:37.964 --> 00:01:38.231 line:6% align:center
ARE TALKING ABOUT IS RAMPING UP 
TRADE OF ROUGHLY                

00:01:38.231 --> 00:01:38.498 line:6% align:center
ARE TALKING ABOUT IS RAMPING UP 
TRADE OF ROUGHLY                

00:01:38.498 --> 00:01:38.765 line:6% align:center
ARE TALKING ABOUT IS RAMPING UP 
TRADE OF ROUGHLY $              

00:01:38.765 --> 00:01:39.032 line:6% align:center
TRADE OF ROUGHLY $1.2 TRILLION  

00:01:39.032 --> 00:01:39.299 line:6% align:center
TRADE OF ROUGHLY $1.2 TRILLION  
OVER SIX YEA                    

00:01:39.299 --> 00:01:39.566 line:6% align:center
TRADE OF ROUGHLY $1.2 TRILLION  
OVER SIX YEARS OR ABO           

00:01:39.566 --> 00:01:39.833 line:6% align:center
TRADE OF ROUGHLY $1.2 TRILLION  
OVER SIX YEARS OR ABOUT         

00:01:39.833 --> 00:01:40.100 line:6% align:center
TRADE OF ROUGHLY $1.2 TRILLION  
OVER SIX YEARS OR ABOUT         

00:01:40.100 --> 00:01:40.366 line:6% align:center
OVER SIX YEARS OR ABOUT         
$2                              

00:01:40.366 --> 00:01:40.633 line:6% align:center
OVER SIX YEARS OR ABOUT         
$2 BILLION                      

00:01:40.633 --> 00:01:40.900 line:6% align:center
OVER SIX YEARS OR ABOUT         
$2 BILLION PER                  

00:01:40.900 --> 00:01:41.167 line:6% align:center
$2 BILLION PER YEAR.            
SO                              

00:01:41.167 --> 00:01:41.434 line:6% align:center
$2 BILLION PER YEAR.            
SO                              

00:01:41.434 --> 00:01:41.701 line:6% align:center
$2 BILLION PER YEAR.            
SO                              

00:01:41.701 --> 00:01:41.968 line:6% align:center
$2 BILLION PER YEAR.            
SO                              

00:01:41.968 --> 00:01:42.235 line:6% align:center
$2 BILLION PER YEAR.            
SO $60 BILLI                    

00:01:42.235 --> 00:01:42.502 line:6% align:center
$2 BILLION PER YEAR.            
SO $60 BILLION VERSUS           

00:01:42.502 --> 00:01:42.769 line:6% align:center
$2 BILLION PER YEAR.            
SO $60 BILLION VERSUS           

00:01:42.769 --> 00:01:43.036 line:6% align:center
$2 BILLION PER YEAR.            
SO $60 BILLION VERSUS           

00:01:43.036 --> 00:01:43.303 line:6% align:center
$2 BILLION PER YEAR.            
SO $60 BILLION VERSUS           

00:01:43.303 --> 00:01:43.570 line:6% align:center
$2 BILLION PER YEAR.            
SO $60 BILLION VERSUS           

00:01:43.570 --> 00:01:43.837 line:6% align:center
SO $60 BILLION VERSUS           

00:01:43.837 --> 00:01:44.104 line:6% align:center
SO $60 BILLION VERSUS           

00:01:44.104 --> 00:01:44.370 line:6% align:center
SO $60 BILLION VERSUS           
$200 B                          

00:01:44.370 --> 00:01:44.637 line:6% align:center
$200 BILLION?                   
IT                              

00:01:44.637 --> 00:01:44.904 line:6% align:center
$200 BILLION?                   
IT JUST DOESN                   

00:01:44.904 --> 00:01:45.171 line:6% align:center
$200 BILLION?                   
IT JUST DOESN'T QUITE MATCH     

00:01:45.171 --> 00:01:45.438 line:6% align:center
$200 BILLION?                   
IT JUST DOESN'T QUITE MATCH     

00:01:45.438 --> 00:01:45.705 line:6% align:center
IT JUST DOESN'T QUITE MATCH UP. 

00:01:45.705 --> 00:01:45.972 line:6% align:center
IT JUST DOESN'T QUITE MATCH UP. 
AND CERTAINL                    

00:01:45.972 --> 00:01:46.239 line:6% align:center
IT JUST DOESN'T QUITE MATCH UP. 
AND CERTAINLY WHEN Y            

00:01:46.239 --> 00:01:46.506 line:6% align:center
IT JUST DOESN'T QUITE MATCH UP. 
AND CERTAINLY WHEN YOU LOOK     

00:01:46.506 --> 00:01:46.773 line:6% align:center
IT JUST DOESN'T QUITE MATCH UP. 
AND CERTAINLY WHEN YOU LOOK A   

00:01:46.773 --> 00:01:47.040 line:6% align:center
AND CERTAINLY WHEN YOU LOOK AT  

00:01:47.040 --> 00:01:47.307 line:6% align:center
AND CERTAINLY WHEN YOU LOOK AT  
SOME OF T                       

00:01:47.307 --> 00:01:47.574 line:6% align:center
AND CERTAINLY WHEN YOU LOOK AT  
SOME OF THE GOODS THAT          

00:01:47.574 --> 00:01:47.841 line:6% align:center
AND CERTAINLY WHEN YOU LOOK AT  
SOME OF THE GOODS THAT ARE      

00:01:47.841 --> 00:01:48.108 line:6% align:center
SOME OF THE GOODS THAT ARE ON   

00:01:48.108 --> 00:01:48.374 line:6% align:center
SOME OF THE GOODS THAT ARE ON   

00:01:48.374 --> 00:01:48.641 line:6% align:center
SOME OF THE GOODS THAT ARE ON   

00:01:48.641 --> 00:01:48.908 line:6% align:center
SOME OF THE GOODS THAT ARE ON   

00:01:48.908 --> 00:01:49.175 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
TH                              

00:01:49.175 --> 00:01:49.442 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
THE TABLE,                      

00:01:49.442 --> 00:01:49.709 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
THE TABLE, SUC                  

00:01:49.709 --> 00:01:49.976 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
THE TABLE, SUCH AS              

00:01:49.976 --> 00:01:50.243 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
THE TABLE, SUCH AS              

00:01:50.243 --> 00:01:50.510 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
THE TABLE, SUCH AS SOYBEANS     

00:01:50.510 --> 00:01:50.777 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
THE TABLE, SUCH AS SOYBEANS AND 

00:01:50.777 --> 00:01:51.044 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
THE TABLE, SUCH AS SOYBEANS AND 

00:01:51.044 --> 00:01:51.311 line:6% align:center
SOME OF THE GOODS THAT ARE ON   
THE TABLE, SUCH AS SOYBEANS AND 

00:01:51.311 --> 00:01:51.578 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 

00:01:51.578 --> 00:01:51.845 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 

00:01:51.845 --> 00:01:52.112 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 

00:01:52.112 --> 00:01:52.378 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 

00:01:52.378 --> 00:01:52.645 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 

00:01:52.645 --> 00:01:52.912 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 

00:01:52.912 --> 00:01:53.179 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 

00:01:53.179 --> 00:01:53.446 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 
LIQU                            

00:01:53.446 --> 00:01:53.713 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 
LIQUID NATURAL                  

00:01:53.713 --> 00:01:53.980 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 
LIQUID NATURAL                  

00:01:53.980 --> 00:01:54.247 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 
LIQUID NATURAL GAS, I           

00:01:54.247 --> 00:01:54.514 line:6% align:center
THE TABLE, SUCH AS SOYBEANS AND 
LIQUID NATURAL GAS, IT SUGGESTED

00:01:54.514 --> 00:01:54.781 line:6% align:center
LIQUID NATURAL GAS, IT SUGGESTED

00:01:54.781 --> 00:01:55.048 line:6% align:center
LIQUID NATURAL GAS, IT SUGGESTED
THAT                            

00:01:55.048 --> 00:01:55.315 line:6% align:center
LIQUID NATURAL GAS, IT SUGGESTED
THAT THE                        

00:01:55.315 --> 00:01:55.582 line:6% align:center
LIQUID NATURAL GAS, IT SUGGESTED
THAT THE U.S.                   

00:01:55.582 --> 00:01:55.849 line:6% align:center
LIQUID NATURAL GAS, IT SUGGESTED
THAT THE U.S. CAN'T             

00:01:55.849 --> 00:01:56.116 line:6% align:center
LIQUID NATURAL GAS, IT SUGGESTED
THAT THE U.S. CAN'T             

00:01:56.116 --> 00:01:56.382 line:6% align:center
LIQUID NATURAL GAS, IT SUGGESTED
THAT THE U.S. CAN'T POSSIBLY    

00:01:56.382 --> 00:01:56.649 line:6% align:center
THAT THE U.S. CAN'T POSSIBLY    
PROVIDE                         

00:01:56.649 --> 00:01:56.916 line:6% align:center
THAT THE U.S. CAN'T POSSIBLY    
PROVIDE THAT MUCH               

00:01:56.916 --> 00:01:57.183 line:6% align:center
THAT THE U.S. CAN'T POSSIBLY    
PROVIDE THAT MUCH               

00:01:57.183 --> 00:01:57.450 line:6% align:center
THAT THE U.S. CAN'T POSSIBLY    
PROVIDE THAT MUCH IN            

00:01:57.450 --> 00:01:57.717 line:6% align:center
THAT THE U.S. CAN'T POSSIBLY    
PROVIDE THAT MUCH IN            

00:01:57.717 --> 00:01:57.984 line:6% align:center
THAT THE U.S. CAN'T POSSIBLY    
PROVIDE THAT MUCH IN ADDITIONAL 

00:01:57.984 --> 00:01:58.251 line:6% align:center
PROVIDE THAT MUCH IN ADDITIONAL 

00:01:58.251 --> 00:01:58.518 line:6% align:center
PROVIDE THAT MUCH IN ADDITIONAL 

00:01:58.518 --> 00:01:58.785 line:6% align:center
PROVIDE THAT MUCH IN ADDITIONAL 

00:01:58.785 --> 00:01:59.052 line:6% align:center
PROVIDE THAT MUCH IN ADDITIONAL 

00:01:59.052 --> 00:01:59.319 line:6% align:center
PROVIDE THAT MUCH IN ADDITIONAL 
EXPORT                          

00:01:59.319 --> 00:01:59.586 line:6% align:center
PROVIDE THAT MUCH IN ADDITIONAL 
EXPORTS WITH CURRENT P          

00:01:59.586 --> 00:01:59.853 line:6% align:center
EXPORTS WITH CURRENT PRODUCTION.

00:01:59.853 --> 00:02:00.120 line:6% align:center
EXPORTS WITH CURRENT PRODUCTION.
>> Catherine: S                 

00:02:00.120 --> 00:02:00.386 line:6% align:center
EXPORTS WITH CURRENT PRODUCTION.
>> Catherine: SO WHAT           

00:02:00.386 --> 00:02:00.653 line:6% align:center
EXPORTS WITH CURRENT PRODUCTION.
>> Catherine: SO WHAT DOES      

00:02:00.653 --> 00:02:00.920 line:6% align:center
>> Catherine: SO WHAT DOES      
THAT M                          

00:02:00.920 --> 00:02:01.187 line:6% align:center
>> Catherine: SO WHAT DOES      
THAT MEAN T                     

00:02:01.187 --> 00:02:01.454 line:6% align:center
>> Catherine: SO WHAT DOES      
THAT MEAN THEN D                

00:02:01.454 --> 00:02:01.721 line:6% align:center
>> Catherine: SO WHAT DOES      
THAT MEAN THEN DO Y             

00:02:01.721 --> 00:02:01.988 line:6% align:center
>> Catherine: SO WHAT DOES      
THAT MEAN THEN DO YOU THINK AS  

00:02:01.988 --> 00:02:02.255 line:6% align:center
>> Catherine: SO WHAT DOES      
THAT MEAN THEN DO YOU THINK AS  

00:02:02.255 --> 00:02:02.522 line:6% align:center
>> Catherine: SO WHAT DOES      
THAT MEAN THEN DO YOU THINK AS  

00:02:02.522 --> 00:02:02.789 line:6% align:center
THAT MEAN THEN DO YOU THINK AS  
IT                              

00:02:02.789 --> 00:02:03.056 line:6% align:center
THAT MEAN THEN DO YOU THINK AS  
IT RELATES TO                   

00:02:03.056 --> 00:02:03.323 line:6% align:center
THAT MEAN THEN DO YOU THINK AS  
IT RELATES TO THE               

00:02:03.323 --> 00:02:03.590 line:6% align:center
THAT MEAN THEN DO YOU THINK AS  
IT RELATES TO THE               

00:02:03.590 --> 00:02:03.857 line:6% align:center
THAT MEAN THEN DO YOU THINK AS  
IT RELATES TO THE C             

00:02:03.857 --> 00:02:04.124 line:6% align:center
IT RELATES TO THE CHINA-U.S.    

00:02:04.124 --> 00:02:04.390 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:04.390 --> 00:02:04.657 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:04.657 --> 00:02:04.924 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:04.924 --> 00:02:05.191 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:05.191 --> 00:02:05.458 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:05.458 --> 00:02:05.725 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:05.725 --> 00:02:05.992 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:05.992 --> 00:02:06.259 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:06.259 --> 00:02:06.526 line:6% align:center
IT RELATES TO THE CHINA-U.S.    
TRADE DEAL?                     

00:02:06.526 --> 00:02:06.793 line:6% align:center
TRADE DEAL?                     

00:02:06.793 --> 00:02:07.060 line:6% align:center
TRADE DEAL?                     
>>                              

00:02:07.060 --> 00:02:07.327 line:6% align:center
TRADE DEAL?                     
>> SU                           

00:02:07.327 --> 00:02:07.594 line:6% align:center
TRADE DEAL?                     
>> SURE, ABSOLUTELY             

00:02:07.594 --> 00:02:07.861 line:6% align:center
>> SURE, ABSOLUTELY.            
SO WE                           

00:02:07.861 --> 00:02:08.128 line:6% align:center
>> SURE, ABSOLUTELY.            
SO WE TOOK A                    

00:02:08.128 --> 00:02:08.394 line:6% align:center
>> SURE, ABSOLUTELY.            
SO WE TOOK A LOOK               

00:02:08.394 --> 00:02:08.661 line:6% align:center
>> SURE, ABSOLUTELY.            
SO WE TOOK A LOOK AT            

00:02:08.661 --> 00:02:08.928 line:6% align:center
>> SURE, ABSOLUTELY.            
SO WE TOOK A LOOK AT A          

00:02:08.928 --> 00:02:09.195 line:6% align:center
>> SURE, ABSOLUTELY.            
SO WE TOOK A LOOK AT A H        

00:02:09.195 --> 00:02:09.462 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  

00:02:09.462 --> 00:02:09.729 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOO                          

00:02:09.729 --> 00:02:09.996 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS                        

00:02:09.996 --> 00:02:10.263 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS                        

00:02:10.263 --> 00:02:10.530 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS                        

00:02:10.530 --> 00:02:10.797 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS                        

00:02:10.797 --> 00:02:11.064 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS T                      

00:02:11.064 --> 00:02:11.331 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS THAT                   

00:02:11.331 --> 00:02:11.598 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS THAT                   

00:02:11.598 --> 00:02:11.865 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS THAT HAVE              

00:02:11.865 --> 00:02:12.132 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS THAT HAVE B            

00:02:12.132 --> 00:02:12.398 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS THAT HAVE BEEN         

00:02:12.398 --> 00:02:12.665 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS THAT HAVE BEEN         

00:02:12.665 --> 00:02:12.932 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS THAT HAVE BEEN         

00:02:12.932 --> 00:02:13.199 line:6% align:center
SO WE TOOK A LOOK AT A HANDFUL  
OF GOODS THAT HAVE BEEN BANDIED 

00:02:13.199 --> 00:02:13.466 line:6% align:center
OF GOODS THAT HAVE BEEN BANDIED 

00:02:13.466 --> 00:02:13.733 line:6% align:center
OF GOODS THAT HAVE BEEN BANDIED 
ABOUT DURING THE                

00:02:13.733 --> 00:02:14.000 line:6% align:center
OF GOODS THAT HAVE BEEN BANDIED 
ABOUT DURING THE DISCUSSIO      

00:02:14.000 --> 00:02:14.267 line:6% align:center
ABOUT DURING THE DISCUSSION.    
FOR                             

00:02:14.267 --> 00:02:14.534 line:6% align:center
ABOUT DURING THE DISCUSSION.    
FOR EXAMPLE, WI                 

00:02:14.534 --> 00:02:14.801 line:6% align:center
ABOUT DURING THE DISCUSSION.    
FOR EXAMPLE, WITH               

00:02:14.801 --> 00:02:15.068 line:6% align:center
ABOUT DURING THE DISCUSSION.    
FOR EXAMPLE, WITH SOY           

00:02:15.068 --> 00:02:15.335 line:6% align:center
ABOUT DURING THE DISCUSSION.    
FOR EXAMPLE, WITH SOYBEANS, IT  

00:02:15.335 --> 00:02:15.602 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  

00:02:15.602 --> 00:02:15.869 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  
SUGGESTS                        

00:02:15.869 --> 00:02:16.136 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  
SUGGESTS THAT T                 

00:02:16.136 --> 00:02:16.402 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  
SUGGESTS THAT THE U             

00:02:16.402 --> 00:02:16.669 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  
SUGGESTS THAT THE U.S. CAN      

00:02:16.669 --> 00:02:16.936 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  
SUGGESTS THAT THE U.S. CAN      

00:02:16.936 --> 00:02:17.203 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  
SUGGESTS THAT THE U.S. CAN      

00:02:17.203 --> 00:02:17.470 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  
SUGGESTS THAT THE U.S. CAN      

00:02:17.470 --> 00:02:17.737 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS, IT  
SUGGESTS THAT THE U.S. CAN      

00:02:17.737 --> 00:02:18.004 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
PO                              

00:02:18.004 --> 00:02:18.271 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPOR               

00:02:18.271 --> 00:02:18.538 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT              

00:02:18.538 --> 00:02:18.805 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN           

00:02:18.805 --> 00:02:19.072 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN           

00:02:19.072 --> 00:02:19.339 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN ADD       

00:02:19.339 --> 00:02:19.606 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN ADDITIONAL

00:02:19.606 --> 00:02:19.873 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN ADDITIONAL

00:02:19.873 --> 00:02:20.140 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN ADDITIONAL

00:02:20.140 --> 00:02:20.406 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN ADDITIONAL

00:02:20.406 --> 00:02:20.673 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN ADDITIONAL

00:02:20.673 --> 00:02:20.940 line:6% align:center
SUGGESTS THAT THE U.S. CAN      
POTENTIALLY EXPORT AN ADDITIONAL

00:02:20.940 --> 00:02:21.207 line:6% align:center
POTENTIALLY EXPORT AN ADDITIONAL

00:02:21.207 --> 00:02:21.474 line:6% align:center
POTENTIALLY EXPORT AN ADDITIONAL
$19 BILLION                     

00:02:21.474 --> 00:02:21.741 line:6% align:center
POTENTIALLY EXPORT AN ADDITIONAL
$19 BILLION                     

00:02:21.741 --> 00:02:22.008 line:6% align:center
POTENTIALLY EXPORT AN ADDITIONAL
$19 BILLION                     

00:02:22.008 --> 00:02:22.275 line:6% align:center
POTENTIALLY EXPORT AN ADDITIONAL
$19 BILLION                     

00:02:22.275 --> 00:02:22.542 line:6% align:center
POTENTIALLY EXPORT AN ADDITIONAL
$19 BILLION WORTH               

00:02:22.542 --> 00:02:22.809 line:6% align:center
POTENTIALLY EXPORT AN ADDITIONAL
$19 BILLION WORTH OF SOYBEANS TO

00:02:22.809 --> 00:02:23.076 line:6% align:center
$19 BILLION WORTH OF SOYBEANS TO

00:02:23.076 --> 00:02:23.343 line:6% align:center
$19 BILLION WORTH OF SOYBEANS TO
CHINA, WHICH                    

00:02:23.343 --> 00:02:23.610 line:6% align:center
$19 BILLION WORTH OF SOYBEANS TO
CHINA, WHICH IS                 

00:02:23.610 --> 00:02:23.877 line:6% align:center
$19 BILLION WORTH OF SOYBEANS TO
CHINA, WHICH IS ACT             

00:02:23.877 --> 00:02:24.144 line:6% align:center
$19 BILLION WORTH OF SOYBEANS TO
CHINA, WHICH IS ACTUALLY Q      

00:02:24.144 --> 00:02:24.410 line:6% align:center
$19 BILLION WORTH OF SOYBEANS TO
CHINA, WHICH IS ACTUALLY QUITE  

00:02:24.410 --> 00:02:24.677 line:6% align:center
$19 BILLION WORTH OF SOYBEANS TO
CHINA, WHICH IS ACTUALLY QUITE  

00:02:24.677 --> 00:02:24.944 line:6% align:center
CHINA, WHICH IS ACTUALLY QUITE  

00:02:24.944 --> 00:02:25.211 line:6% align:center
CHINA, WHICH IS ACTUALLY QUITE  
CONSTR                          

00:02:25.211 --> 00:02:25.478 line:6% align:center
CHINA, WHICH IS ACTUALLY QUITE  
CONSTRUCTIVE TOWARDS            

00:02:25.478 --> 00:02:25.745 line:6% align:center
CHINA, WHICH IS ACTUALLY QUITE  
CONSTRUCTIVE TOWARDS            

00:02:25.745 --> 00:02:26.012 line:6% align:center
CHINA, WHICH IS ACTUALLY QUITE  
CONSTRUCTIVE TOWARDS            

00:02:26.012 --> 00:02:26.279 line:6% align:center
CHINA, WHICH IS ACTUALLY QUITE  
CONSTRUCTIVE TOWARDS THA        

00:02:26.279 --> 00:02:26.546 line:6% align:center
CHINA, WHICH IS ACTUALLY QUITE  
CONSTRUCTIVE TOWARDS THAT G     

00:02:26.546 --> 00:02:26.813 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  

00:02:26.813 --> 00:02:27.080 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  

00:02:27.080 --> 00:02:27.347 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  
OF ANYWHER                      

00:02:27.347 --> 00:02:27.614 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  
OF ANYWHERE FROM                

00:02:27.614 --> 00:02:27.881 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  
OF ANYWHERE FROM                

00:02:27.881 --> 00:02:28.148 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  
OF ANYWHERE FROM                

00:02:28.148 --> 00:02:28.414 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  
OF ANYWHERE FROM                

00:02:28.414 --> 00:02:28.681 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  
OF ANYWHERE FROM AN             

00:02:28.681 --> 00:02:28.948 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  
OF ANYWHERE FROM AN ADD         

00:02:28.948 --> 00:02:29.215 line:6% align:center
CONSTRUCTIVE TOWARDS THAT GOAL  
OF ANYWHERE FROM AN ADDITIONAL  

00:02:29.215 --> 00:02:29.482 line:6% align:center
OF ANYWHERE FROM AN ADDITIONAL  
HUNDRE                          

00:02:29.482 --> 00:02:29.749 line:6% align:center
OF ANYWHERE FROM AN ADDITIONAL  
HUNDRED TO                      

00:02:29.749 --> 00:02:30.016 line:6% align:center
OF ANYWHERE FROM AN ADDITIONAL  
HUNDRED TO                      

00:02:30.016 --> 00:02:30.283 line:6% align:center
OF ANYWHERE FROM AN ADDITIONAL  
HUNDRED TO                      

00:02:30.283 --> 00:02:30.550 line:6% align:center
OF ANYWHERE FROM AN ADDITIONAL  
HUNDRED TO                      

00:02:30.550 --> 00:02:30.817 line:6% align:center
OF ANYWHERE FROM AN ADDITIONAL  
HUNDRED TO                      

00:02:30.817 --> 00:02:31.084 line:6% align:center
OF ANYWHERE FROM AN ADDITIONAL  
HUNDRED TO $20                  

00:02:31.084 --> 00:02:31.351 line:6% align:center
OF ANYWHERE FROM AN ADDITIONAL  
HUNDRED TO $200 BILLION PER     

00:02:31.351 --> 00:02:31.618 line:6% align:center
HUNDRED TO $200 BILLION PER     
YEAR.                           

00:02:31.618 --> 00:02:31.885 line:6% align:center
HUNDRED TO $200 BILLION PER     
YEAR.                           

00:02:31.885 --> 00:02:32.152 line:6% align:center
YEAR.                           

00:02:32.152 --> 00:02:32.418 line:6% align:center
YEAR.                           
HOWEVER, WHE                    

00:02:32.418 --> 00:02:32.685 line:6% align:center
YEAR.                           
HOWEVER, WHEN YOU               

00:02:32.685 --> 00:02:32.952 line:6% align:center
YEAR.                           
HOWEVER, WHEN YOU LOOK A        

00:02:32.952 --> 00:02:33.219 line:6% align:center
YEAR.                           
HOWEVER, WHEN YOU LOOK AT OTHER 

00:02:33.219 --> 00:02:33.486 line:6% align:center
YEAR.                           
HOWEVER, WHEN YOU LOOK AT OTHER 

00:02:33.486 --> 00:02:33.753 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJEC                          

00:02:33.753 --> 00:02:34.020 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH A                

00:02:34.020 --> 00:02:34.287 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS               

00:02:34.287 --> 00:02:34.554 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS               

00:02:34.554 --> 00:02:34.821 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS               

00:02:34.821 --> 00:02:35.088 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS               

00:02:35.088 --> 00:02:35.355 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS               

00:02:35.355 --> 00:02:35.622 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS AUT           

00:02:35.622 --> 00:02:35.889 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS AUTOS,        

00:02:35.889 --> 00:02:36.156 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS AUTOS, OR     

00:02:36.156 --> 00:02:36.422 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS AUTOS, OR EVEN

00:02:36.422 --> 00:02:36.689 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS AUTOS, OR EVEN

00:02:36.689 --> 00:02:36.956 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS AUTOS, OR EVEN

00:02:36.956 --> 00:02:37.223 line:6% align:center
HOWEVER, WHEN YOU LOOK AT OTHER 
PROJECTS, SUCH AS AUTOS, OR EVEN

00:02:37.223 --> 00:02:37.490 line:6% align:center
PROJECTS, SUCH AS AUTOS, OR EVEN
SEMI                            

00:02:37.490 --> 00:02:37.757 line:6% align:center
PROJECTS, SUCH AS AUTOS, OR EVEN
SEMICONDUCTORS AND              

00:02:37.757 --> 00:02:38.024 line:6% align:center
PROJECTS, SUCH AS AUTOS, OR EVEN
SEMICONDUCTORS AND              

00:02:38.024 --> 00:02:38.291 line:6% align:center
PROJECTS, SUCH AS AUTOS, OR EVEN
SEMICONDUCTORS AND              

00:02:38.291 --> 00:02:38.558 line:6% align:center
PROJECTS, SUCH AS AUTOS, OR EVEN
SEMICONDUCTORS AND A            

00:02:38.558 --> 00:02:38.825 line:6% align:center
PROJECTS, SUCH AS AUTOS, OR EVEN
SEMICONDUCTORS AND AIRCRAFT, T  

00:02:38.825 --> 00:02:39.092 line:6% align:center
SEMICONDUCTORS AND AIRCRAFT, THE

00:02:39.092 --> 00:02:39.359 line:6% align:center
SEMICONDUCTORS AND AIRCRAFT, THE
U.S. I                          

00:02:39.359 --> 00:02:39.626 line:6% align:center
SEMICONDUCTORS AND AIRCRAFT, THE
U.S. IS                         

00:02:39.626 --> 00:02:39.893 line:6% align:center
SEMICONDUCTORS AND AIRCRAFT, THE
U.S. IS ACTUALLY                

00:02:39.893 --> 00:02:40.160 line:6% align:center
SEMICONDUCTORS AND AIRCRAFT, THE
U.S. IS ACTUALLY                

00:02:40.160 --> 00:02:40.426 line:6% align:center
SEMICONDUCTORS AND AIRCRAFT, THE
U.S. IS ACTUALLY OPERATING N    

00:02:40.426 --> 00:02:40.693 line:6% align:center
SEMICONDUCTORS AND AIRCRAFT, THE
U.S. IS ACTUALLY OPERATING NEAR 

00:02:40.693 --> 00:02:40.960 line:6% align:center
SEMICONDUCTORS AND AIRCRAFT, THE
U.S. IS ACTUALLY OPERATING NEAR 

00:02:40.960 --> 00:02:41.227 line:6% align:center
U.S. IS ACTUALLY OPERATING NEAR 

00:02:41.227 --> 00:02:41.494 line:6% align:center
U.S. IS ACTUALLY OPERATING NEAR 
FULL C                          

00:02:41.494 --> 00:02:41.761 line:6% align:center
U.S. IS ACTUALLY OPERATING NEAR 
FULL CAPACITY IN                

00:02:41.761 --> 00:02:42.028 line:6% align:center
U.S. IS ACTUALLY OPERATING NEAR 
FULL CAPACITY IN                

00:02:42.028 --> 00:02:42.295 line:6% align:center
U.S. IS ACTUALLY OPERATING NEAR 
FULL CAPACITY IN TERMS O        

00:02:42.295 --> 00:02:42.562 line:6% align:center
U.S. IS ACTUALLY OPERATING NEAR 
FULL CAPACITY IN TERMS OF       

00:02:42.562 --> 00:02:42.829 line:6% align:center
FULL CAPACITY IN TERMS OF       
PROD                            

00:02:42.829 --> 00:02:43.096 line:6% align:center
FULL CAPACITY IN TERMS OF       
PRODUCTION FOR                  

00:02:43.096 --> 00:02:43.363 line:6% align:center
FULL CAPACITY IN TERMS OF       
PRODUCTION FOR THOSE            

00:02:43.363 --> 00:02:43.630 line:6% align:center
FULL CAPACITY IN TERMS OF       
PRODUCTION FOR THOSE            

00:02:43.630 --> 00:02:43.897 line:6% align:center
FULL CAPACITY IN TERMS OF       
PRODUCTION FOR THOSE TYPES OF   

00:02:43.897 --> 00:02:44.164 line:6% align:center
FULL CAPACITY IN TERMS OF       
PRODUCTION FOR THOSE TYPES OF   

00:02:44.164 --> 00:02:44.430 line:6% align:center
GOODS.                          

00:02:44.430 --> 00:02:44.697 line:6% align:center
GOODS.                          
AND                             

00:02:44.697 --> 00:02:44.964 line:6% align:center
GOODS.                          
AND SO                          

00:02:44.964 --> 00:02:45.231 line:6% align:center
GOODS.                          
AND SO THAT WOU                 

00:02:45.231 --> 00:02:45.498 line:6% align:center
GOODS.                          
AND SO THAT WOULD MEAN          

00:02:45.498 --> 00:02:45.765 line:6% align:center
GOODS.                          
AND SO THAT WOULD MEAN THE U    

00:02:45.765 --> 00:02:46.032 line:6% align:center
GOODS.                          
AND SO THAT WOULD MEAN THE U.S. 

00:02:46.032 --> 00:02:46.299 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHE                     

00:02:46.299 --> 00:02:46.566 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE               

00:02:46.566 --> 00:02:46.833 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO            

00:02:46.833 --> 00:02:47.100 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO            

00:02:47.100 --> 00:02:47.367 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO            

00:02:47.367 --> 00:02:47.634 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO            

00:02:47.634 --> 00:02:47.901 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO            

00:02:47.901 --> 00:02:48.168 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO            

00:02:48.168 --> 00:02:48.434 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO            

00:02:48.434 --> 00:02:48.701 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO            

00:02:48.701 --> 00:02:48.968 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO R          

00:02:48.968 --> 00:02:49.235 line:6% align:center
AND SO THAT WOULD MEAN THE U.S. 
WOULD EITHER HAVE TO REDIRECT,  

00:02:49.235 --> 00:02:49.502 line:6% align:center
WOULD EITHER HAVE TO REDIRECT,  
REORIENT                        

00:02:49.502 --> 00:02:49.769 line:6% align:center
WOULD EITHER HAVE TO REDIRECT,  
REORIENT TRADE OF THOSE         

00:02:49.769 --> 00:02:50.036 line:6% align:center
WOULD EITHER HAVE TO REDIRECT,  
REORIENT TRADE OF THOSE GOODS   

00:02:50.036 --> 00:02:50.303 line:6% align:center
REORIENT TRADE OF THOSE GOODS   

00:02:50.303 --> 00:02:50.570 line:6% align:center
REORIENT TRADE OF THOSE GOODS   
AWAY FROM                       

00:02:50.570 --> 00:02:50.837 line:6% align:center
REORIENT TRADE OF THOSE GOODS   
AWAY FROM S                     

00:02:50.837 --> 00:02:51.104 line:6% align:center
REORIENT TRADE OF THOSE GOODS   
AWAY FROM SOME OF               

00:02:51.104 --> 00:02:51.371 line:6% align:center
REORIENT TRADE OF THOSE GOODS   
AWAY FROM SOME OF ITS           

00:02:51.371 --> 00:02:51.638 line:6% align:center
REORIENT TRADE OF THOSE GOODS   
AWAY FROM SOME OF ITS           

00:02:51.638 --> 00:02:51.905 line:6% align:center
REORIENT TRADE OF THOSE GOODS   
AWAY FROM SOME OF ITS           

00:02:51.905 --> 00:02:52.172 line:6% align:center
REORIENT TRADE OF THOSE GOODS   
AWAY FROM SOME OF ITS TRADING   

00:02:52.172 --> 00:02:52.438 line:6% align:center
AWAY FROM SOME OF ITS TRADING   

00:02:52.438 --> 00:02:52.705 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE C                 

00:02:52.705 --> 00:02:52.972 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE CANADA O          

00:02:52.972 --> 00:02:53.239 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE CANADA OR         

00:02:53.239 --> 00:02:53.506 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE CANADA OR         

00:02:53.506 --> 00:02:53.773 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE CANADA OR T       

00:02:53.773 --> 00:02:54.040 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE CANADA OR THE     

00:02:54.040 --> 00:02:54.307 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE CANADA OR THE     

00:02:54.307 --> 00:02:54.574 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE CANADA OR THE     

00:02:54.574 --> 00:02:54.841 line:6% align:center
AWAY FROM SOME OF ITS TRADING   
PARTNERS LIKE CANADA OR THE E.U 

00:02:54.841 --> 00:02:55.108 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.

00:02:55.108 --> 00:02:55.375 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.

00:02:55.375 --> 00:02:55.642 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS                         

00:02:55.642 --> 00:02:55.909 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS                         

00:02:55.909 --> 00:02:56.176 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, A                

00:02:56.176 --> 00:02:56.442 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND              

00:02:56.442 --> 00:02:56.709 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO         

00:02:56.709 --> 00:02:56.976 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO         

00:02:56.976 --> 00:02:57.243 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO         

00:02:57.243 --> 00:02:57.510 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO         

00:02:57.510 --> 00:02:57.777 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO         

00:02:57.777 --> 00:02:58.044 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO         

00:02:58.044 --> 00:02:58.311 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO         

00:02:58.311 --> 00:02:58.578 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO WE'D    

00:02:58.578 --> 00:02:58.845 line:6% align:center
PARTNERS LIKE CANADA OR THE E.U.
TOWARDS CHINA, AND ALSO WE'D    

00:02:58.845 --> 00:02:59.112 line:6% align:center
TOWARDS CHINA, AND ALSO WE'D    

00:02:59.112 --> 00:02:59.379 line:6% align:center
TOWARDS CHINA, AND ALSO WE'D    
NEED INVESTMEN                  

00:02:59.379 --> 00:02:59.646 line:6% align:center
TOWARDS CHINA, AND ALSO WE'D    
NEED INVESTMENT AND             

00:02:59.646 --> 00:02:59.913 line:6% align:center
TOWARDS CHINA, AND ALSO WE'D    
NEED INVESTMENT AND PRODU       

00:02:59.913 --> 00:03:00.180 line:6% align:center
TOWARDS CHINA, AND ALSO WE'D    
NEED INVESTMENT AND PRODUCTIVE  

00:03:00.180 --> 00:03:00.446 line:6% align:center
NEED INVESTMENT AND PRODUCTIVE  

00:03:00.446 --> 00:03:00.713 line:6% align:center
NEED INVESTMENT AND PRODUCTIVE  
CAPACITY, AND H                 

00:03:00.713 --> 00:03:00.980 line:6% align:center
NEED INVESTMENT AND PRODUCTIVE  
CAPACITY, AND HERE IN THE       

00:03:00.980 --> 00:03:01.247 line:6% align:center
NEED INVESTMENT AND PRODUCTIVE  
CAPACITY, AND HERE IN THE       

00:03:01.247 --> 00:03:01.514 line:6% align:center
NEED INVESTMENT AND PRODUCTIVE  
CAPACITY, AND HERE IN THE       

00:03:01.514 --> 00:03:01.781 line:6% align:center
CAPACITY, AND HERE IN THE U.S., 
IN                              

00:03:01.781 --> 00:03:02.048 line:6% align:center
CAPACITY, AND HERE IN THE U.S., 
IN ORDER TO                     

00:03:02.048 --> 00:03:02.315 line:6% align:center
CAPACITY, AND HERE IN THE U.S., 
IN ORDER TO MAKE SUR            

00:03:02.315 --> 00:03:02.582 line:6% align:center
CAPACITY, AND HERE IN THE U.S., 
IN ORDER TO MAKE SURE THA       

00:03:02.582 --> 00:03:02.849 line:6% align:center
CAPACITY, AND HERE IN THE U.S., 
IN ORDER TO MAKE SURE THAT      

00:03:02.849 --> 00:03:03.116 line:6% align:center
CAPACITY, AND HERE IN THE U.S., 
IN ORDER TO MAKE SURE THAT WE   

00:03:03.116 --> 00:03:03.383 line:6% align:center
IN ORDER TO MAKE SURE THAT WE   
CA                              

00:03:03.383 --> 00:03:03.650 line:6% align:center
IN ORDER TO MAKE SURE THAT WE   
CAN PRODUCE                     

00:03:03.650 --> 00:03:03.917 line:6% align:center
IN ORDER TO MAKE SURE THAT WE   
CAN PRODUCE                     

00:03:03.917 --> 00:03:04.184 line:6% align:center
IN ORDER TO MAKE SURE THAT WE   
CAN PRODUCE ENOUG               

00:03:04.184 --> 00:03:04.450 line:6% align:center
IN ORDER TO MAKE SURE THAT WE   
CAN PRODUCE ENOUGH GOODS TO     

00:03:04.450 --> 00:03:04.717 line:6% align:center
IN ORDER TO MAKE SURE THAT WE   
CAN PRODUCE ENOUGH GOODS TO S   

00:03:04.717 --> 00:03:04.984 line:6% align:center
IN ORDER TO MAKE SURE THAT WE   
CAN PRODUCE ENOUGH GOODS TO SEND

00:03:04.984 --> 00:03:05.251 line:6% align:center
CAN PRODUCE ENOUGH GOODS TO SEND
IT T                            

00:03:05.251 --> 00:03:05.518 line:6% align:center
CAN PRODUCE ENOUGH GOODS TO SEND
IT TO CHINA                     

00:03:05.518 --> 00:03:05.785 line:6% align:center
CAN PRODUCE ENOUGH GOODS TO SEND
IT TO CHINA TO                  

00:03:05.785 --> 00:03:06.052 line:6% align:center
CAN PRODUCE ENOUGH GOODS TO SEND
IT TO CHINA TO                  

00:03:06.052 --> 00:03:06.319 line:6% align:center
CAN PRODUCE ENOUGH GOODS TO SEND
IT TO CHINA TO FUL              

00:03:06.319 --> 00:03:06.586 line:6% align:center
CAN PRODUCE ENOUGH GOODS TO SEND
IT TO CHINA TO FULFIL           

00:03:06.586 --> 00:03:06.853 line:6% align:center
CAN PRODUCE ENOUGH GOODS TO SEND
IT TO CHINA TO FULFIL THE       

00:03:06.853 --> 00:03:07.120 line:6% align:center
IT TO CHINA TO FULFIL THE       
CONDITIONS O                    

00:03:07.120 --> 00:03:07.387 line:6% align:center
IT TO CHINA TO FULFIL THE       
CONDITIONS OF THE               

00:03:07.387 --> 00:03:07.654 line:6% align:center
IT TO CHINA TO FULFIL THE       
CONDITIONS OF THE               

00:03:07.654 --> 00:03:07.921 line:6% align:center
IT TO CHINA TO FULFIL THE       
CONDITIONS OF THE DEAL.         

00:03:07.921 --> 00:03:08.188 line:6% align:center
CONDITIONS OF THE DEAL.         

00:03:08.188 --> 00:03:08.454 line:6% align:center
CONDITIONS OF THE DEAL.         
>> Catherine:                   

00:03:08.454 --> 00:03:08.721 line:6% align:center
CONDITIONS OF THE DEAL.         
>> Catherine:                   

00:03:08.721 --> 00:03:08.988 line:6% align:center
CONDITIONS OF THE DEAL.         
>> Catherine: DANA, I'M         

00:03:08.988 --> 00:03:09.255 line:6% align:center
CONDITIONS OF THE DEAL.         
>> Catherine: DANA, I'M         

00:03:09.255 --> 00:03:09.522 line:6% align:center
CONDITIONS OF THE DEAL.         
>> Catherine: DANA, I'M         

00:03:09.522 --> 00:03:09.789 line:6% align:center
>> Catherine: DANA, I'M         
WONDERIN                        

00:03:09.789 --> 00:03:10.056 line:6% align:center
>> Catherine: DANA, I'M         
WONDERING, WHAT WAS             

00:03:10.056 --> 00:03:10.323 line:6% align:center
>> Catherine: DANA, I'M         
WONDERING, WHAT WAS             

00:03:10.323 --> 00:03:10.590 line:6% align:center
>> Catherine: DANA, I'M         
WONDERING, WHAT WAS THE REA     

00:03:10.590 --> 00:03:10.857 line:6% align:center
WONDERING, WHAT WAS THE REASON  

00:03:10.857 --> 00:03:11.124 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU                         

00:03:11.124 --> 00:03:11.391 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU                         

00:03:11.391 --> 00:03:11.658 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR                

00:03:11.658 --> 00:03:11.925 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM           

00:03:11.925 --> 00:03:12.192 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM           

00:03:12.192 --> 00:03:12.458 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM           

00:03:12.458 --> 00:03:12.725 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM           

00:03:12.725 --> 00:03:12.992 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM           

00:03:12.992 --> 00:03:13.259 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM           

00:03:13.259 --> 00:03:13.526 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM TAK       

00:03:13.526 --> 00:03:13.793 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM TAKING A  

00:03:13.793 --> 00:03:14.060 line:6% align:center
WONDERING, WHAT WAS THE REASON  
FOR YOU AND YOUR TEAM TAKING A  

00:03:14.060 --> 00:03:14.327 line:6% align:center
FOR YOU AND YOUR TEAM TAKING A  

00:03:14.327 --> 00:03:14.594 line:6% align:center
FOR YOU AND YOUR TEAM TAKING A  
LOOK AT THIS                    

00:03:14.594 --> 00:03:14.861 line:6% align:center
FOR YOU AND YOUR TEAM TAKING A  
LOOK AT THIS                    

00:03:14.861 --> 00:03:15.128 line:6% align:center
FOR YOU AND YOUR TEAM TAKING A  
LOOK AT THIS                    

00:03:15.128 --> 00:03:15.395 line:6% align:center
FOR YOU AND YOUR TEAM TAKING A  
LOOK AT THIS ASPECT?            

00:03:15.395 --> 00:03:15.662 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO                         

00:03:15.662 --> 00:03:15.929 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO                         

00:03:15.929 --> 00:03:16.196 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO                         

00:03:16.196 --> 00:03:16.462 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO I                       

00:03:16.462 --> 00:03:16.729 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO INTERESTING             

00:03:16.729 --> 00:03:16.996 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO INTERESTING T           

00:03:16.996 --> 00:03:17.263 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO INTERESTING TO          

00:03:17.263 --> 00:03:17.530 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO INTERESTING TO          

00:03:17.530 --> 00:03:17.797 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO INTERESTING TO HEA      

00:03:17.797 --> 00:03:18.064 line:6% align:center
LOOK AT THIS ASPECT?            
IT'S SO INTERESTING TO HEAR YOU 

00:03:18.064 --> 00:03:18.331 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 

00:03:18.331 --> 00:03:18.598 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND                         

00:03:18.598 --> 00:03:18.865 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND TO                      

00:03:18.865 --> 00:03:19.132 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND TO READ                 

00:03:19.132 --> 00:03:19.399 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND TO READ                 

00:03:19.399 --> 00:03:19.666 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND TO READ                 

00:03:19.666 --> 00:03:19.933 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND TO READ                 

00:03:19.933 --> 00:03:20.200 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND TO READ THE REP         

00:03:20.200 --> 00:03:20.466 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND TO READ THE REPORT      

00:03:20.466 --> 00:03:20.733 line:6% align:center
IT'S SO INTERESTING TO HEAR YOU 
SAY AND TO READ THE REPORT THAT 

00:03:20.733 --> 00:03:21.000 line:6% align:center
SAY AND TO READ THE REPORT THAT 
THEY CAN                        

00:03:21.000 --> 00:03:21.267 line:6% align:center
SAY AND TO READ THE REPORT THAT 
THEY CAN'T MEET                 

00:03:21.267 --> 00:03:21.534 line:6% align:center
SAY AND TO READ THE REPORT THAT 
THEY CAN'T MEET THE             

00:03:21.534 --> 00:03:21.801 line:6% align:center
SAY AND TO READ THE REPORT THAT 
THEY CAN'T MEET THE             

00:03:21.801 --> 00:03:22.068 line:6% align:center
SAY AND TO READ THE REPORT THAT 
THEY CAN'T MEET THE             

00:03:22.068 --> 00:03:22.335 line:6% align:center
SAY AND TO READ THE REPORT THAT 
THEY CAN'T MEET THE EXPECTA     

00:03:22.335 --> 00:03:22.602 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS

00:03:22.602 --> 00:03:22.869 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF                              

00:03:22.869 --> 00:03:23.136 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF                              

00:03:23.136 --> 00:03:23.403 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF                              

00:03:23.403 --> 00:03:23.670 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF                              

00:03:23.670 --> 00:03:23.937 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF                              

00:03:23.937 --> 00:03:24.204 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF                              

00:03:24.204 --> 00:03:24.470 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF                              

00:03:24.470 --> 00:03:24.737 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF $200 BI                      

00:03:24.737 --> 00:03:25.004 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF $200 BILLION, THE            

00:03:25.004 --> 00:03:25.271 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF $200 BILLION, THE            

00:03:25.271 --> 00:03:25.538 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF $200 BILLION, THE            

00:03:25.538 --> 00:03:25.805 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF $200 BILLION, THE CAPACITY IS

00:03:25.805 --> 00:03:26.072 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF $200 BILLION, THE CAPACITY IS

00:03:26.072 --> 00:03:26.339 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF $200 BILLION, THE CAPACITY IS

00:03:26.339 --> 00:03:26.606 line:6% align:center
THEY CAN'T MEET THE EXPECTATIONS
OF $200 BILLION, THE CAPACITY IS

00:03:26.606 --> 00:03:26.873 line:6% align:center
OF $200 BILLION, THE CAPACITY IS
$60 BILL                        

00:03:26.873 --> 00:03:27.140 line:6% align:center
$60 BILLION.                    
WHY DI                          

00:03:27.140 --> 00:03:27.407 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT             

00:03:27.407 --> 00:03:27.674 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT THIS?       

00:03:27.674 --> 00:03:27.941 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT THIS?       

00:03:27.941 --> 00:03:28.208 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT THIS?       

00:03:28.208 --> 00:03:28.474 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT THIS?       

00:03:28.474 --> 00:03:28.741 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT THIS?       

00:03:28.741 --> 00:03:29.008 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT THIS?       

00:03:29.008 --> 00:03:29.275 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT THIS?       

00:03:29.275 --> 00:03:29.542 line:6% align:center
$60 BILLION.                    
WHY DID YOU LOOK AT THIS?       

00:03:29.542 --> 00:03:29.809 line:6% align:center
WHY DID YOU LOOK AT THIS?       

00:03:29.809 --> 00:03:30.076 line:6% align:center
WHY DID YOU LOOK AT THIS?       
>> WELL, A                      

00:03:30.076 --> 00:03:30.343 line:6% align:center
WHY DID YOU LOOK AT THIS?       
>> WELL, A LOT O                

00:03:30.343 --> 00:03:30.610 line:6% align:center
WHY DID YOU LOOK AT THIS?       
>> WELL, A LOT OF O             

00:03:30.610 --> 00:03:30.877 line:6% align:center
WHY DID YOU LOOK AT THIS?       
>> WELL, A LOT OF OUR CLIEN     

00:03:30.877 --> 00:03:31.144 line:6% align:center
>> WELL, A LOT OF OUR CLIENTS   

00:03:31.144 --> 00:03:31.411 line:6% align:center
>> WELL, A LOT OF OUR CLIENTS   
ARE ASKING,                     

00:03:31.411 --> 00:03:31.678 line:6% align:center
>> WELL, A LOT OF OUR CLIENTS   
ARE ASKING,                     

00:03:31.678 --> 00:03:31.945 line:6% align:center
>> WELL, A LOT OF OUR CLIENTS   
ARE ASKING, WELL,               

00:03:31.945 --> 00:03:32.212 line:6% align:center
>> WELL, A LOT OF OUR CLIENTS   
ARE ASKING, WELL, ONCE          

00:03:32.212 --> 00:03:32.478 line:6% align:center
>> WELL, A LOT OF OUR CLIENTS   
ARE ASKING, WELL, ONCE THIS DEAL

00:03:32.478 --> 00:03:32.745 line:6% align:center
ARE ASKING, WELL, ONCE THIS DEAL

00:03:32.745 --> 00:03:33.012 line:6% align:center
ARE ASKING, WELL, ONCE THIS DEAL

00:03:33.012 --> 00:03:33.279 line:6% align:center
ARE ASKING, WELL, ONCE THIS DEAL
IS PUT                          

00:03:33.279 --> 00:03:33.546 line:6% align:center
ARE ASKING, WELL, ONCE THIS DEAL
IS PUT INTO P                   

00:03:33.546 --> 00:03:33.813 line:6% align:center
ARE ASKING, WELL, ONCE THIS DEAL
IS PUT INTO PLACE --            

00:03:33.813 --> 00:03:34.080 line:6% align:center
ARE ASKING, WELL, ONCE THIS DEAL
IS PUT INTO PLACE --            

00:03:34.080 --> 00:03:34.347 line:6% align:center
ARE ASKING, WELL, ONCE THIS DEAL
IS PUT INTO PLACE -- AGAIN, W   

00:03:34.347 --> 00:03:34.614 line:6% align:center
IS PUT INTO PLACE -- AGAIN, WE  

00:03:34.614 --> 00:03:34.881 line:6% align:center
IS PUT INTO PLACE -- AGAIN, WE  
DO THINK T                      

00:03:34.881 --> 00:03:35.148 line:6% align:center
IS PUT INTO PLACE -- AGAIN, WE  
DO THINK THIS IS                

00:03:35.148 --> 00:03:35.415 line:6% align:center
IS PUT INTO PLACE -- AGAIN, WE  
DO THINK THIS IS GOING TO BE    

00:03:35.415 --> 00:03:35.682 line:6% align:center
IS PUT INTO PLACE -- AGAIN, WE  
DO THINK THIS IS GOING TO BE A  

00:03:35.682 --> 00:03:35.949 line:6% align:center
IS PUT INTO PLACE -- AGAIN, WE  
DO THINK THIS IS GOING TO BE A  

00:03:35.949 --> 00:03:36.216 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE,                          

00:03:36.216 --> 00:03:36.482 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE,                          

00:03:36.482 --> 00:03:36.749 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE,                          

00:03:36.749 --> 00:03:37.016 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE,                          

00:03:37.016 --> 00:03:37.283 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE,                          

00:03:37.283 --> 00:03:37.550 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE, UNQ                      

00:03:37.550 --> 00:03:37.817 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE, UNQUOTE, VENEER          

00:03:37.817 --> 00:03:38.084 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE, UNQUOTE, VENEER OF A DEAL

00:03:38.084 --> 00:03:38.351 line:6% align:center
DO THINK THIS IS GOING TO BE A  
QUOTE, UNQUOTE, VENEER OF A DEAL

00:03:38.351 --> 00:03:38.618 line:6% align:center
QUOTE, UNQUOTE, VENEER OF A DEAL
WH                              

00:03:38.618 --> 00:03:38.885 line:6% align:center
QUOTE, UNQUOTE, VENEER OF A DEAL
WHERE YOU                       

00:03:38.885 --> 00:03:39.152 line:6% align:center
QUOTE, UNQUOTE, VENEER OF A DEAL
WHERE YOU HAVE P                

00:03:39.152 --> 00:03:39.419 line:6% align:center
QUOTE, UNQUOTE, VENEER OF A DEAL
WHERE YOU HAVE PROBABLY V       

00:03:39.419 --> 00:03:39.686 line:6% align:center
QUOTE, UNQUOTE, VENEER OF A DEAL
WHERE YOU HAVE PROBABLY VERY    

00:03:39.686 --> 00:03:39.953 line:6% align:center
WHERE YOU HAVE PROBABLY VERY    

00:03:39.953 --> 00:03:40.220 line:6% align:center
WHERE YOU HAVE PROBABLY VERY    
SHALLOW                         

00:03:40.220 --> 00:03:40.486 line:6% align:center
WHERE YOU HAVE PROBABLY VERY    
SHALLOW OUTCOME                 

00:03:40.486 --> 00:03:40.753 line:6% align:center
WHERE YOU HAVE PROBABLY VERY    
SHALLOW OUTCOMES A              

00:03:40.753 --> 00:03:41.020 line:6% align:center
WHERE YOU HAVE PROBABLY VERY    
SHALLOW OUTCOMES AND N          

00:03:41.020 --> 00:03:41.287 line:6% align:center
WHERE YOU HAVE PROBABLY VERY    
SHALLOW OUTCOMES AND NOT        

00:03:41.287 --> 00:03:41.554 line:6% align:center
WHERE YOU HAVE PROBABLY VERY    
SHALLOW OUTCOMES AND NOT MUCH   

00:03:41.554 --> 00:03:41.821 line:6% align:center
WHERE YOU HAVE PROBABLY VERY    
SHALLOW OUTCOMES AND NOT MUCH   

00:03:41.821 --> 00:03:42.088 line:6% align:center
SHALLOW OUTCOMES AND NOT MUCH   

00:03:42.088 --> 00:03:42.355 line:6% align:center
DETAIL.                         

00:03:42.355 --> 00:03:42.622 line:6% align:center
DETAIL.                         

00:03:42.622 --> 00:03:42.889 line:6% align:center
DETAIL.                         
THE                             

00:03:42.889 --> 00:03:43.156 line:6% align:center
DETAIL.                         
THE QUESTION IS: WHA            

00:03:43.156 --> 00:03:43.423 line:6% align:center
DETAIL.                         
THE QUESTION IS: WHAT'S GOING TO

00:03:43.423 --> 00:03:43.690 line:6% align:center
THE QUESTION IS: WHAT'S GOING TO
BE IN                           

00:03:43.690 --> 00:03:43.957 line:6% align:center
THE QUESTION IS: WHAT'S GOING TO
BE IN THE                       

00:03:43.957 --> 00:03:44.224 line:6% align:center
THE QUESTION IS: WHAT'S GOING TO
BE IN THE                       

00:03:44.224 --> 00:03:44.490 line:6% align:center
THE QUESTION IS: WHAT'S GOING TO
BE IN THE                       

00:03:44.490 --> 00:03:44.757 line:6% align:center
BE IN THE DETAILS?              

00:03:44.757 --> 00:03:45.024 line:6% align:center
BE IN THE DETAILS?              
AND CERTA                       

00:03:45.024 --> 00:03:45.291 line:6% align:center
BE IN THE DETAILS?              
AND CERTAINLY THERE HAS         

00:03:45.291 --> 00:03:45.558 line:6% align:center
BE IN THE DETAILS?              
AND CERTAINLY THERE HAS TO BE   

00:03:45.558 --> 00:03:45.825 line:6% align:center
BE IN THE DETAILS?              
AND CERTAINLY THERE HAS TO BE A 

00:03:45.825 --> 00:03:46.092 line:6% align:center
BE IN THE DETAILS?              
AND CERTAINLY THERE HAS TO BE A 

00:03:46.092 --> 00:03:46.359 line:6% align:center
AND CERTAINLY THERE HAS TO BE A 
LIST OF                         

00:03:46.359 --> 00:03:46.626 line:6% align:center
AND CERTAINLY THERE HAS TO BE A 
LIST OF PRODU                   

00:03:46.626 --> 00:03:46.893 line:6% align:center
AND CERTAINLY THERE HAS TO BE A 
LIST OF PRODUCTS AND            

00:03:46.893 --> 00:03:47.160 line:6% align:center
AND CERTAINLY THERE HAS TO BE A 
LIST OF PRODUCTS AND THERE HAS  

00:03:47.160 --> 00:03:47.427 line:6% align:center
LIST OF PRODUCTS AND THERE HAS  
TO B                            

00:03:47.427 --> 00:03:47.694 line:6% align:center
LIST OF PRODUCTS AND THERE HAS  
TO BE                           

00:03:47.694 --> 00:03:47.961 line:6% align:center
LIST OF PRODUCTS AND THERE HAS  
TO BE A                         

00:03:47.961 --> 00:03:48.228 line:6% align:center
LIST OF PRODUCTS AND THERE HAS  
TO BE A DECISION                

00:03:48.228 --> 00:03:48.494 line:6% align:center
LIST OF PRODUCTS AND THERE HAS  
TO BE A DECISION ABOUT WHETH    

00:03:48.494 --> 00:03:48.761 line:6% align:center
TO BE A DECISION ABOUT WHETHER  
OR NOT                          

00:03:48.761 --> 00:03:49.028 line:6% align:center
TO BE A DECISION ABOUT WHETHER  
OR NOT                          

00:03:49.028 --> 00:03:49.295 line:6% align:center
TO BE A DECISION ABOUT WHETHER  
OR NOT T                        

00:03:49.295 --> 00:03:49.562 line:6% align:center
TO BE A DECISION ABOUT WHETHER  
OR NOT THE U                    

00:03:49.562 --> 00:03:49.829 line:6% align:center
TO BE A DECISION ABOUT WHETHER  
OR NOT THE U.S.                 

00:03:49.829 --> 00:03:50.096 line:6% align:center
TO BE A DECISION ABOUT WHETHER  
OR NOT THE U.S. CAN S           

00:03:50.096 --> 00:03:50.363 line:6% align:center
TO BE A DECISION ABOUT WHETHER  
OR NOT THE U.S. CAN SHIP THOSE  

00:03:50.363 --> 00:03:50.630 line:6% align:center
OR NOT THE U.S. CAN SHIP THOSE  
PR                              

00:03:50.630 --> 00:03:50.897 line:6% align:center
OR NOT THE U.S. CAN SHIP THOSE  
PRODUCTS.                       

00:03:50.897 --> 00:03:51.164 line:6% align:center
PRODUCTS.                       
AND ON THE                      

00:03:51.164 --> 00:03:51.431 line:6% align:center
PRODUCTS.                       
AND ON THE OTHER SID            

00:03:51.431 --> 00:03:51.698 line:6% align:center
PRODUCTS.                       
AND ON THE OTHER SIDE           

00:03:51.698 --> 00:03:51.965 line:6% align:center
PRODUCTS.                       
AND ON THE OTHER SIDE OF        

00:03:51.965 --> 00:03:52.232 line:6% align:center
PRODUCTS.                       
AND ON THE OTHER SIDE OF THAT   

00:03:52.232 --> 00:03:52.498 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS

00:03:52.498 --> 00:03:52.765 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS
WHETHER OR NOT                  

00:03:52.765 --> 00:03:53.032 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS
WHETHER OR NOT CHINA            

00:03:53.032 --> 00:03:53.299 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS
WHETHER OR NOT CHINA CAN        

00:03:53.299 --> 00:03:53.566 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS
WHETHER OR NOT CHINA CAN        

00:03:53.566 --> 00:03:53.833 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS
WHETHER OR NOT CHINA CAN        

00:03:53.833 --> 00:03:54.100 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS
WHETHER OR NOT CHINA CAN        

00:03:54.100 --> 00:03:54.367 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS
WHETHER OR NOT CHINA CAN        

00:03:54.367 --> 00:03:54.634 line:6% align:center
AND ON THE OTHER SIDE OF THAT IS
WHETHER OR NOT CHINA CAN ABSOR  

00:03:54.634 --> 00:03:54.901 line:6% align:center
WHETHER OR NOT CHINA CAN ABSORB 

00:03:54.901 --> 00:03:55.168 line:6% align:center
WHETHER OR NOT CHINA CAN ABSORB 
THOS                            

00:03:55.168 --> 00:03:55.435 line:6% align:center
WHETHER OR NOT CHINA CAN ABSORB 
THOSE PRODUCTS.                 

00:03:55.435 --> 00:03:55.702 line:6% align:center
THOSE PRODUCTS.                 
AN                              

00:03:55.702 --> 00:03:55.969 line:6% align:center
THOSE PRODUCTS.                 
AND SO                          

00:03:55.969 --> 00:03:56.236 line:6% align:center
THOSE PRODUCTS.                 
AND SO                          

00:03:56.236 --> 00:03:56.502 line:6% align:center
THOSE PRODUCTS.                 
AND SO OUR                      

00:03:56.502 --> 00:03:56.769 line:6% align:center
THOSE PRODUCTS.                 
AND SO OUR REPORT A             

00:03:56.769 --> 00:03:57.036 line:6% align:center
THOSE PRODUCTS.                 
AND SO OUR REPORT ALSO L        

00:03:57.036 --> 00:03:57.303 line:6% align:center
THOSE PRODUCTS.                 
AND SO OUR REPORT ALSO LOOKS A  

00:03:57.303 --> 00:03:57.570 line:6% align:center
THOSE PRODUCTS.                 
AND SO OUR REPORT ALSO LOOKS AT 

00:03:57.570 --> 00:03:57.837 line:6% align:center
AND SO OUR REPORT ALSO LOOKS AT 

00:03:57.837 --> 00:03:58.104 line:6% align:center
AND SO OUR REPORT ALSO LOOKS AT 

00:03:58.104 --> 00:03:58.371 line:6% align:center
AND SO OUR REPORT ALSO LOOKS AT 
THOSE SE                        

00:03:58.371 --> 00:03:58.638 line:6% align:center
AND SO OUR REPORT ALSO LOOKS AT 
THOSE SETS OF                   

00:03:58.638 --> 00:03:58.905 line:6% align:center
AND SO OUR REPORT ALSO LOOKS AT 
THOSE SETS OF                   

00:03:58.905 --> 00:03:59.172 line:6% align:center
AND SO OUR REPORT ALSO LOOKS AT 
THOSE SETS OF GOODS             

00:03:59.172 --> 00:03:59.439 line:6% align:center
AND SO OUR REPORT ALSO LOOKS AT 
THOSE SETS OF GOODS FOR         

00:03:59.439 --> 00:03:59.706 line:6% align:center
AND SO OUR REPORT ALSO LOOKS AT 
THOSE SETS OF GOODS FOR W       

00:03:59.706 --> 00:03:59.973 line:6% align:center
THOSE SETS OF GOODS FOR WHICH   
CHIN                            

00:03:59.973 --> 00:04:00.240 line:6% align:center
THOSE SETS OF GOODS FOR WHICH   
CHINA IS                        

00:04:00.240 --> 00:04:00.506 line:6% align:center
THOSE SETS OF GOODS FOR WHICH   
CHINA IS IMPOR                  

00:04:00.506 --> 00:04:00.773 line:6% align:center
THOSE SETS OF GOODS FOR WHICH   
CHINA IS IMPORTING AND          

00:04:00.773 --> 00:04:01.040 line:6% align:center
CHINA IS IMPORTING AND SOME OF  

00:04:01.040 --> 00:04:01.307 line:6% align:center
CHINA IS IMPORTING AND SOME OF  
THE OTHER                       

00:04:01.307 --> 00:04:01.574 line:6% align:center
CHINA IS IMPORTING AND SOME OF  
THE OTHER                       

00:04:01.574 --> 00:04:01.841 line:6% align:center
CHINA IS IMPORTING AND SOME OF  
THE OTHER COUNT                 

00:04:01.841 --> 00:04:02.108 line:6% align:center
CHINA IS IMPORTING AND SOME OF  
THE OTHER COUNTRIES THAT        

00:04:02.108 --> 00:04:02.375 line:6% align:center
CHINA IS IMPORTING AND SOME OF  
THE OTHER COUNTRIES THAT        

00:04:02.375 --> 00:04:02.642 line:6% align:center
THE OTHER COUNTRIES THAT MIGHT  

00:04:02.642 --> 00:04:02.909 line:6% align:center
THE OTHER COUNTRIES THAT MIGHT  
SEE THE                         

00:04:02.909 --> 00:04:03.176 line:6% align:center
THE OTHER COUNTRIES THAT MIGHT  
SEE THEMSELVES KIND             

00:04:03.176 --> 00:04:03.443 line:6% align:center
THE OTHER COUNTRIES THAT MIGHT  
SEE THEMSELVES KIND OF          

00:04:03.443 --> 00:04:03.710 line:6% align:center
THE OTHER COUNTRIES THAT MIGHT  
SEE THEMSELVES KIND OF EDGED    

00:04:03.710 --> 00:04:03.977 line:6% align:center
SEE THEMSELVES KIND OF EDGED OUT

00:04:03.977 --> 00:04:04.244 line:6% align:center
SEE THEMSELVES KIND OF EDGED OUT
IN TERMS                        

00:04:04.244 --> 00:04:04.510 line:6% align:center
SEE THEMSELVES KIND OF EDGED OUT
IN TERMS O                      

00:04:04.510 --> 00:04:04.777 line:6% align:center
SEE THEMSELVES KIND OF EDGED OUT
IN TERMS OF                     

00:04:04.777 --> 00:04:05.044 line:6% align:center
SEE THEMSELVES KIND OF EDGED OUT
IN TERMS OF                     

00:04:05.044 --> 00:04:05.311 line:6% align:center
SEE THEMSELVES KIND OF EDGED OUT
IN TERMS OF                     

00:04:05.311 --> 00:04:05.578 line:6% align:center
SEE THEMSELVES KIND OF EDGED OUT
IN TERMS OF U.S.                

00:04:05.578 --> 00:04:05.845 line:6% align:center
SEE THEMSELVES KIND OF EDGED OUT
IN TERMS OF U.S. C              

00:04:05.845 --> 00:04:06.112 line:6% align:center
IN TERMS OF U.S. COMPETITION.   

00:04:06.112 --> 00:04:06.379 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR                             

00:04:06.379 --> 00:04:06.646 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR EXA                         

00:04:06.646 --> 00:04:06.913 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR EXAMPLE, WITH               

00:04:06.913 --> 00:04:07.180 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR EXAMPLE, WITH               

00:04:07.180 --> 00:04:07.447 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR EXAMPLE, WITH               

00:04:07.447 --> 00:04:07.714 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR EXAMPLE, WITH               

00:04:07.714 --> 00:04:07.981 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR EXAMPLE, WITH               

00:04:07.981 --> 00:04:08.248 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR EXAMPLE, WITH               

00:04:08.248 --> 00:04:08.514 line:6% align:center
IN TERMS OF U.S. COMPETITION.   
FOR EXAMPLE, WITH SOY           

00:04:08.514 --> 00:04:08.781 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHIN                            

00:04:08.781 --> 00:04:09.048 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA                           

00:04:09.048 --> 00:04:09.315 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA                           

00:04:09.315 --> 00:04:09.582 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA IMPORTS                   

00:04:09.582 --> 00:04:09.849 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA IMPORTS                   

00:04:09.849 --> 00:04:10.116 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA IMPORTS                   

00:04:10.116 --> 00:04:10.383 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA IMPORTS                   

00:04:10.383 --> 00:04:10.650 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA IMPORTS A                 

00:04:10.650 --> 00:04:10.917 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA IMPORTS A                 

00:04:10.917 --> 00:04:11.184 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA IMPORTS A LOT             

00:04:11.184 --> 00:04:11.451 line:6% align:center
FOR EXAMPLE, WITH SOYBEANS,     
CHINA IMPORTS A LOT OF SOYBEANS 

00:04:11.451 --> 00:04:11.718 line:6% align:center
CHINA IMPORTS A LOT OF SOYBEANS 
FROM B                          

00:04:11.718 --> 00:04:11.985 line:6% align:center
FROM BRAZIL.                    

00:04:11.985 --> 00:04:12.252 line:6% align:center
FROM BRAZIL.                    
AND CERTAINLY                   

00:04:12.252 --> 00:04:12.518 line:6% align:center
FROM BRAZIL.                    
AND CERTAINLY IF A              

00:04:12.518 --> 00:04:12.785 line:6% align:center
FROM BRAZIL.                    
AND CERTAINLY IF A DECISIO      

00:04:12.785 --> 00:04:13.052 line:6% align:center
AND CERTAINLY IF A DECISION IS  

00:04:13.052 --> 00:04:13.319 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT T                     

00:04:13.319 --> 00:04:13.586 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE                   

00:04:13.586 --> 00:04:13.853 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S.              

00:04:13.853 --> 00:04:14.120 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S.              

00:04:14.120 --> 00:04:14.387 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS           

00:04:14.387 --> 00:04:14.654 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS GOING TO  

00:04:14.654 --> 00:04:14.921 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS GOING TO  

00:04:14.921 --> 00:04:15.188 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS GOING TO  

00:04:15.188 --> 00:04:15.455 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS GOING TO  

00:04:15.455 --> 00:04:15.722 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS GOING TO  

00:04:15.722 --> 00:04:15.989 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS GOING TO  

00:04:15.989 --> 00:04:16.256 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS GOING TO  

00:04:16.256 --> 00:04:16.522 line:6% align:center
AND CERTAINLY IF A DECISION IS  
MADE THAT THE U.S. IS GOING TO  

00:04:16.522 --> 00:04:16.789 line:6% align:center
MADE THAT THE U.S. IS GOING TO  

00:04:16.789 --> 00:04:17.056 line:6% align:center
MADE THAT THE U.S. IS GOING TO  

00:04:17.056 --> 00:04:17.323 line:6% align:center
MADE THAT THE U.S. IS GOING TO  
BE SHIPPIN                      

00:04:17.323 --> 00:04:17.590 line:6% align:center
MADE THAT THE U.S. IS GOING TO  
BE SHIPPING THOSE SOYBEAN       

00:04:17.590 --> 00:04:17.857 line:6% align:center
BE SHIPPING THOSE SOYBEANS AND  
BRAZ                            

00:04:17.857 --> 00:04:18.124 line:6% align:center
BE SHIPPING THOSE SOYBEANS AND  
BRAZIL MIGHT FIND I             

00:04:18.124 --> 00:04:18.391 line:6% align:center
BE SHIPPING THOSE SOYBEANS AND  
BRAZIL MIGHT FIND ITSELF OUT IN 

00:04:18.391 --> 00:04:18.658 line:6% align:center
BRAZIL MIGHT FIND ITSELF OUT IN 

00:04:18.658 --> 00:04:18.925 line:6% align:center
BRAZIL MIGHT FIND ITSELF OUT IN 

00:04:18.925 --> 00:04:19.192 line:6% align:center
BRAZIL MIGHT FIND ITSELF OUT IN 
THE COLD                        

00:04:19.192 --> 00:04:19.459 line:6% align:center
BRAZIL MIGHT FIND ITSELF OUT IN 
THE COLD.                       

00:04:19.459 --> 00:04:19.726 line:6% align:center
THE COLD.                       

00:04:19.726 --> 00:04:19.993 line:6% align:center
THE COLD.                       
SIMILARL                        

00:04:19.993 --> 00:04:20.260 line:6% align:center
THE COLD.                       
SIMILARLY WITH RESPECT T        

00:04:20.260 --> 00:04:20.526 line:6% align:center
THE COLD.                       
SIMILARLY WITH RESPECT TO MOTOR 

00:04:20.526 --> 00:04:20.793 line:6% align:center
THE COLD.                       
SIMILARLY WITH RESPECT TO MOTOR 

00:04:20.793 --> 00:04:21.060 line:6% align:center
SIMILARLY WITH RESPECT TO MOTOR 

00:04:21.060 --> 00:04:21.327 line:6% align:center
VEHICLES.                       

00:04:21.327 --> 00:04:21.594 line:6% align:center
VEHICLES.                       
JAPAN AND                       

00:04:21.594 --> 00:04:21.861 line:6% align:center
VEHICLES.                       
JAPAN AND GERMANY A             

00:04:21.861 --> 00:04:22.128 line:6% align:center
VEHICLES.                       
JAPAN AND GERMANY ARE B         

00:04:22.128 --> 00:04:22.395 line:6% align:center
VEHICLES.                       
JAPAN AND GERMANY ARE BIG       

00:04:22.395 --> 00:04:22.662 line:6% align:center
JAPAN AND GERMANY ARE BIG       
IMPO                            

00:04:22.662 --> 00:04:22.929 line:6% align:center
JAPAN AND GERMANY ARE BIG       
IMPORTERS OF                    

00:04:22.929 --> 00:04:23.196 line:6% align:center
JAPAN AND GERMANY ARE BIG       
IMPORTERS OF                    

00:04:23.196 --> 00:04:23.463 line:6% align:center
JAPAN AND GERMANY ARE BIG       
IMPORTERS OF AUT                

00:04:23.463 --> 00:04:23.730 line:6% align:center
JAPAN AND GERMANY ARE BIG       
IMPORTERS OF AUTOS INTO         

00:04:23.730 --> 00:04:23.997 line:6% align:center
JAPAN AND GERMANY ARE BIG       
IMPORTERS OF AUTOS INTO CHI     

00:04:23.997 --> 00:04:24.264 line:6% align:center
JAPAN AND GERMANY ARE BIG       
IMPORTERS OF AUTOS INTO CHINA,  

00:04:24.264 --> 00:04:24.530 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY                        

00:04:24.530 --> 00:04:24.797 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT            

00:04:24.797 --> 00:04:25.064 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS       

00:04:25.064 --> 00:04:25.331 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS       

00:04:25.331 --> 00:04:25.598 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS       

00:04:25.598 --> 00:04:25.865 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS       

00:04:25.865 --> 00:04:26.132 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS       

00:04:26.132 --> 00:04:26.399 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS WITH  

00:04:26.399 --> 00:04:26.666 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS WITH  

00:04:26.666 --> 00:04:26.933 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS WITH  

00:04:26.933 --> 00:04:27.200 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS WITH  

00:04:27.200 --> 00:04:27.467 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS WITH  

00:04:27.467 --> 00:04:27.734 line:6% align:center
IMPORTERS OF AUTOS INTO CHINA,  
AND THEY WOULD BE AT ODDS WITH  

00:04:27.734 --> 00:04:28.001 line:6% align:center
AND THEY WOULD BE AT ODDS WITH  

00:04:28.001 --> 00:04:28.268 line:6% align:center
AND THEY WOULD BE AT ODDS WITH  
THE                             

00:04:28.268 --> 00:04:28.534 line:6% align:center
AND THEY WOULD BE AT ODDS WITH  
THE                             

00:04:28.534 --> 00:04:28.801 line:6% align:center
AND THEY WOULD BE AT ODDS WITH  
THE U.S.                        

00:04:28.801 --> 00:04:29.068 line:6% align:center
THE U.S.                        

00:04:29.068 --> 00:04:29.335 line:6% align:center
THE U.S.                        
>> Catheri                      

00:04:29.335 --> 00:04:29.602 line:6% align:center
THE U.S.                        
>> Catherine: WHAT'S YOU        

00:04:29.602 --> 00:04:29.869 line:6% align:center
>> Catherine: WHAT'S YOUR VIEW  
IN                              

00:04:29.869 --> 00:04:30.136 line:6% align:center
>> Catherine: WHAT'S YOUR VIEW  
IN TERMS                        

00:04:30.136 --> 00:04:30.403 line:6% align:center
>> Catherine: WHAT'S YOUR VIEW  
IN TERMS OF                     

00:04:30.403 --> 00:04:30.670 line:6% align:center
>> Catherine: WHAT'S YOUR VIEW  
IN TERMS OF HOW C               

00:04:30.670 --> 00:04:30.937 line:6% align:center
>> Catherine: WHAT'S YOUR VIEW  
IN TERMS OF HOW CANADA WOULD B  

00:04:30.937 --> 00:04:31.204 line:6% align:center
>> Catherine: WHAT'S YOUR VIEW  
IN TERMS OF HOW CANADA WOULD BE 

00:04:31.204 --> 00:04:31.471 line:6% align:center
>> Catherine: WHAT'S YOUR VIEW  
IN TERMS OF HOW CANADA WOULD BE 

00:04:31.471 --> 00:04:31.738 line:6% align:center
IN TERMS OF HOW CANADA WOULD BE 
IMPACTED?                       

00:04:31.738 --> 00:04:32.005 line:6% align:center
IMPACTED?                       
WHAT'S THE P                    

00:04:32.005 --> 00:04:32.272 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:32.272 --> 00:04:32.538 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:32.538 --> 00:04:32.805 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:32.805 --> 00:04:33.072 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:33.072 --> 00:04:33.339 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:33.339 --> 00:04:33.606 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:33.606 --> 00:04:33.873 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:33.873 --> 00:04:34.140 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:34.140 --> 00:04:34.407 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:34.407 --> 00:04:34.674 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:34.674 --> 00:04:34.941 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:34.941 --> 00:04:35.208 line:6% align:center
IMPACTED?                       
WHAT'S THE POTENTIAL?           

00:04:35.208 --> 00:04:35.475 line:6% align:center
WHAT'S THE POTENTIAL?           
>> SUR                          

00:04:35.475 --> 00:04:35.742 line:6% align:center
>> SURE.                        

00:04:35.742 --> 00:04:36.009 line:6% align:center
>> SURE.                        
FOR EXAMPLE,                    

00:04:36.009 --> 00:04:36.276 line:6% align:center
>> SURE.                        
FOR EXAMPLE, IN T               

00:04:36.276 --> 00:04:36.542 line:6% align:center
>> SURE.                        
FOR EXAMPLE, IN THE             

00:04:36.542 --> 00:04:36.809 line:6% align:center
>> SURE.                        
FOR EXAMPLE, IN THE REPORT      

00:04:36.809 --> 00:04:37.076 line:6% align:center
>> SURE.                        
FOR EXAMPLE, IN THE REPORT WE   

00:04:37.076 --> 00:04:37.343 line:6% align:center
>> SURE.                        
FOR EXAMPLE, IN THE REPORT WE   

00:04:37.343 --> 00:04:37.610 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED A                        

00:04:37.610 --> 00:04:37.877 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT                       

00:04:37.877 --> 00:04:38.144 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT OVERALL               

00:04:38.144 --> 00:04:38.411 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT OVERALL               

00:04:38.411 --> 00:04:38.678 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT OVERALL               

00:04:38.678 --> 00:04:38.945 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT OVERALL               

00:04:38.945 --> 00:04:39.212 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT OVERALL U.S           

00:04:39.212 --> 00:04:39.479 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT OVERALL U.S.          

00:04:39.479 --> 00:04:39.746 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT OVERALL U.S.          

00:04:39.746 --> 00:04:40.013 line:6% align:center
FOR EXAMPLE, IN THE REPORT WE   
LOOKED AT OVERALL U.S. CAPACIT  

00:04:40.013 --> 00:04:40.280 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPOR                        

00:04:40.280 --> 00:04:40.546 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPORT TO                    

00:04:40.546 --> 00:04:40.813 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPORT TO THE                

00:04:40.813 --> 00:04:41.080 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPORT TO THE                

00:04:41.080 --> 00:04:41.347 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPORT TO THE                

00:04:41.347 --> 00:04:41.614 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPORT TO THE                

00:04:41.614 --> 00:04:41.881 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPORT TO THE R              

00:04:41.881 --> 00:04:42.148 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPORT TO THE REST OF THE    

00:04:42.148 --> 00:04:42.415 line:6% align:center
LOOKED AT OVERALL U.S. CAPACITY 
TO EXPORT TO THE REST OF THE    

00:04:42.415 --> 00:04:42.682 line:6% align:center
TO EXPORT TO THE REST OF THE    

00:04:42.682 --> 00:04:42.949 line:6% align:center
TO EXPORT TO THE REST OF THE    
WORLD.                          

00:04:42.949 --> 00:04:43.216 line:6% align:center
WORLD.                          
NOT LOOKI                       

00:04:43.216 --> 00:04:43.483 line:6% align:center
WORLD.                          
NOT LOOKING S                   

00:04:43.483 --> 00:04:43.750 line:6% align:center
WORLD.                          
NOT LOOKING SPECIFICALLY        

00:04:43.750 --> 00:04:44.017 line:6% align:center
NOT LOOKING SPECIFICALLY AT     

00:04:44.017 --> 00:04:44.284 line:6% align:center
NOT LOOKING SPECIFICALLY AT     
CHINA BUT                       

00:04:44.284 --> 00:04:44.550 line:6% align:center
NOT LOOKING SPECIFICALLY AT     
CHINA BUT JUST                  

00:04:44.550 --> 00:04:44.817 line:6% align:center
NOT LOOKING SPECIFICALLY AT     
CHINA BUT JUST TO THE           

00:04:44.817 --> 00:04:45.084 line:6% align:center
NOT LOOKING SPECIFICALLY AT     
CHINA BUT JUST TO THE REST OF   

00:04:45.084 --> 00:04:45.351 line:6% align:center
CHINA BUT JUST TO THE REST OF   

00:04:45.351 --> 00:04:45.618 line:6% align:center
CHINA BUT JUST TO THE REST OF   
THE WORLD.                      

00:04:45.618 --> 00:04:45.885 line:6% align:center
THE WORLD.                      
AND                             

00:04:45.885 --> 00:04:46.152 line:6% align:center
THE WORLD.                      
AND WE                          

00:04:46.152 --> 00:04:46.419 line:6% align:center
THE WORLD.                      
AND WE NOTICED                  

00:04:46.419 --> 00:04:46.686 line:6% align:center
THE WORLD.                      
AND WE NOTICED T                

00:04:46.686 --> 00:04:46.953 line:6% align:center
THE WORLD.                      
AND WE NOTICED THAT             

00:04:46.953 --> 00:04:47.220 line:6% align:center
THE WORLD.                      
AND WE NOTICED THAT THE U.S     

00:04:47.220 --> 00:04:47.487 line:6% align:center
THE WORLD.                      
AND WE NOTICED THAT THE U.S. IS 

00:04:47.487 --> 00:04:47.754 line:6% align:center
THE WORLD.                      
AND WE NOTICED THAT THE U.S. IS 

00:04:47.754 --> 00:04:48.021 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPO                            

00:04:48.021 --> 00:04:48.288 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT                 

00:04:48.288 --> 00:04:48.554 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT OF              

00:04:48.554 --> 00:04:48.821 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT OF              

00:04:48.821 --> 00:04:49.088 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT OF              

00:04:49.088 --> 00:04:49.355 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT OF              

00:04:49.355 --> 00:04:49.622 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT OF              

00:04:49.622 --> 00:04:49.889 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT OF GOODS T      

00:04:49.889 --> 00:04:50.156 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT OF GOODS TO     

00:04:50.156 --> 00:04:50.423 line:6% align:center
AND WE NOTICED THAT THE U.S. IS 
EXPORTING A LOT OF GOODS TO     

00:04:50.423 --> 00:04:50.690 line:6% align:center
EXPORTING A LOT OF GOODS TO     
CHINA, MOR                      

00:04:50.690 --> 00:04:50.957 line:6% align:center
EXPORTING A LOT OF GOODS TO     
CHINA, MORE THAN WHA            

00:04:50.957 --> 00:04:51.224 line:6% align:center
EXPORTING A LOT OF GOODS TO     
CHINA, MORE THAN WHAT THE       

00:04:51.224 --> 00:04:51.491 line:6% align:center
EXPORTING A LOT OF GOODS TO     
CHINA, MORE THAN WHAT THE       

00:04:51.491 --> 00:04:51.758 line:6% align:center
EXPORTING A LOT OF GOODS TO     
CHINA, MORE THAN WHAT THE       

00:04:51.758 --> 00:04:52.025 line:6% align:center
EXPORTING A LOT OF GOODS TO     
CHINA, MORE THAN WHAT THE ITC   

00:04:52.025 --> 00:04:52.292 line:6% align:center
EXPORTING A LOT OF GOODS TO     
CHINA, MORE THAN WHAT THE ITC   

00:04:52.292 --> 00:04:52.558 line:6% align:center
CHINA, MORE THAN WHAT THE ITC   
MODE                            

00:04:52.558 --> 00:04:52.825 line:6% align:center
CHINA, MORE THAN WHAT THE ITC   
MODEL WOULD                     

00:04:52.825 --> 00:04:53.092 line:6% align:center
MODEL WOULD SUGGEST.            

00:04:53.092 --> 00:04:53.359 line:6% align:center
MODEL WOULD SUGGEST.            
AND THE S                       

00:04:53.359 --> 00:04:53.626 line:6% align:center
MODEL WOULD SUGGEST.            
AND THE SAME I                  

00:04:53.626 --> 00:04:53.893 line:6% align:center
MODEL WOULD SUGGEST.            
AND THE SAME IS TRU             

00:04:53.893 --> 00:04:54.160 line:6% align:center
MODEL WOULD SUGGEST.            
AND THE SAME IS TRUE FOR        

00:04:54.160 --> 00:04:54.427 line:6% align:center
MODEL WOULD SUGGEST.            
AND THE SAME IS TRUE FOR        

00:04:54.427 --> 00:04:54.694 line:6% align:center
AND THE SAME IS TRUE FOR THE    

00:04:54.694 --> 00:04:54.961 line:6% align:center
AND THE SAME IS TRUE FOR THE    

00:04:54.961 --> 00:04:55.228 line:6% align:center
AND THE SAME IS TRUE FOR THE    

00:04:55.228 --> 00:04:55.495 line:6% align:center
AND THE SAME IS TRUE FOR THE    
EURO                            

00:04:55.495 --> 00:04:55.762 line:6% align:center
AND THE SAME IS TRUE FOR THE    
EURO                            

00:04:55.762 --> 00:04:56.029 line:6% align:center
AND THE SAME IS TRUE FOR THE    
EURO                            

00:04:56.029 --> 00:04:56.296 line:6% align:center
AND THE SAME IS TRUE FOR THE    
EURO AREA.                      

00:04:56.296 --> 00:04:56.562 line:6% align:center
EURO AREA.                      
SO                              

00:04:56.562 --> 00:04:56.829 line:6% align:center
EURO AREA.                      
SO                              

00:04:56.829 --> 00:04:57.096 line:6% align:center
EURO AREA.                      
SO POTENTIALLY                  

00:04:57.096 --> 00:04:57.363 line:6% align:center
EURO AREA.                      
SO POTENTIALLY W                

00:04:57.363 --> 00:04:57.630 line:6% align:center
EURO AREA.                      
SO POTENTIALLY WHEN IT          

00:04:57.630 --> 00:04:57.897 line:6% align:center
EURO AREA.                      
SO POTENTIALLY WHEN IT COM      

00:04:57.897 --> 00:04:58.164 line:6% align:center
EURO AREA.                      
SO POTENTIALLY WHEN IT COMES    

00:04:58.164 --> 00:04:58.431 line:6% align:center
EURO AREA.                      
SO POTENTIALLY WHEN IT COMES    

00:04:58.431 --> 00:04:58.698 line:6% align:center
SO POTENTIALLY WHEN IT COMES TO 

00:04:58.698 --> 00:04:58.965 line:6% align:center
SO POTENTIALLY WHEN IT COMES TO 
REORIENTING THE                 

00:04:58.965 --> 00:04:59.232 line:6% align:center
SO POTENTIALLY WHEN IT COMES TO 
REORIENTING THE DIRECTION O     

00:04:59.232 --> 00:04:59.499 line:6% align:center
SO POTENTIALLY WHEN IT COMES TO 
REORIENTING THE DIRECTION OF    

00:04:59.499 --> 00:04:59.766 line:6% align:center
SO POTENTIALLY WHEN IT COMES TO 
REORIENTING THE DIRECTION OF    

00:04:59.766 --> 00:05:00.033 line:6% align:center
SO POTENTIALLY WHEN IT COMES TO 
REORIENTING THE DIRECTION OF    

00:05:00.033 --> 00:05:00.300 line:6% align:center
REORIENTING THE DIRECTION OF    

00:05:00.300 --> 00:05:00.566 line:6% align:center
REORIENTING THE DIRECTION OF    
TRADE, CANAD                    

00:05:00.566 --> 00:05:00.833 line:6% align:center
REORIENTING THE DIRECTION OF    
TRADE, CANADA COULD BE AT T     

00:05:00.833 --> 00:05:01.100 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP                             

00:05:01.100 --> 00:05:01.367 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP O                           

00:05:01.367 --> 00:05:01.634 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT                     

00:05:01.634 --> 00:05:01.901 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT                     

00:05:01.901 --> 00:05:02.168 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT                     

00:05:02.168 --> 00:05:02.435 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT                     

00:05:02.435 --> 00:05:02.702 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT                     

00:05:02.702 --> 00:05:02.969 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT                     

00:05:02.969 --> 00:05:03.236 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT                     

00:05:03.236 --> 00:05:03.503 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT                     

00:05:03.503 --> 00:05:03.770 line:6% align:center
TRADE, CANADA COULD BE AT THE   
TOP OF THAT LIST.               

00:05:03.770 --> 00:05:04.037 line:6% align:center
TOP OF THAT LIST.               

00:05:04.037 --> 00:05:04.304 line:6% align:center
TOP OF THAT LIST.               
NOW,                            

00:05:04.304 --> 00:05:04.570 line:6% align:center
TOP OF THAT LIST.               
NOW, AGAIN THERE                

00:05:04.570 --> 00:05:04.837 line:6% align:center
TOP OF THAT LIST.               
NOW, AGAIN THERE IS             

00:05:04.837 --> 00:05:05.104 line:6% align:center
TOP OF THAT LIST.               
NOW, AGAIN THERE IS A           

00:05:05.104 --> 00:05:05.371 line:6% align:center
TOP OF THAT LIST.               
NOW, AGAIN THERE IS A           

00:05:05.371 --> 00:05:05.638 line:6% align:center
TOP OF THAT LIST.               
NOW, AGAIN THERE IS A U         

00:05:05.638 --> 00:05:05.905 line:6% align:center
TOP OF THAT LIST.               
NOW, AGAIN THERE IS A USMCA     

00:05:05.905 --> 00:05:06.172 line:6% align:center
TOP OF THAT LIST.               
NOW, AGAIN THERE IS A USMCA DEAL

00:05:06.172 --> 00:05:06.439 line:6% align:center
NOW, AGAIN THERE IS A USMCA DEAL
TH                              

00:05:06.439 --> 00:05:06.706 line:6% align:center
NOW, AGAIN THERE IS A USMCA DEAL
THAT'S STILL YET T              

00:05:06.706 --> 00:05:06.973 line:6% align:center
NOW, AGAIN THERE IS A USMCA DEAL
THAT'S STILL YET TO BE          

00:05:06.973 --> 00:05:07.240 line:6% align:center
NOW, AGAIN THERE IS A USMCA DEAL
THAT'S STILL YET TO BE          

00:05:07.240 --> 00:05:07.507 line:6% align:center
NOW, AGAIN THERE IS A USMCA DEAL
THAT'S STILL YET TO BE RATIFIED,

00:05:07.507 --> 00:05:07.774 line:6% align:center
NOW, AGAIN THERE IS A USMCA DEAL
THAT'S STILL YET TO BE RATIFIED,

00:05:07.774 --> 00:05:08.041 line:6% align:center
THAT'S STILL YET TO BE RATIFIED,
AND                             

00:05:08.041 --> 00:05:08.308 line:6% align:center
THAT'S STILL YET TO BE RATIFIED,
AND SO                          

00:05:08.308 --> 00:05:08.574 line:6% align:center
THAT'S STILL YET TO BE RATIFIED,
AND SO T                        

00:05:08.574 --> 00:05:08.841 line:6% align:center
THAT'S STILL YET TO BE RATIFIED,
AND SO THERE COULD BE           

00:05:08.841 --> 00:05:09.108 line:6% align:center
THAT'S STILL YET TO BE RATIFIED,
AND SO THERE COULD BE SOME      

00:05:09.108 --> 00:05:09.375 line:6% align:center
THAT'S STILL YET TO BE RATIFIED,
AND SO THERE COULD BE SOME      

00:05:09.375 --> 00:05:09.642 line:6% align:center
AND SO THERE COULD BE SOME      

00:05:09.642 --> 00:05:09.909 line:6% align:center
AND SO THERE COULD BE SOME      
FRICTIONS BETWEE                

00:05:09.909 --> 00:05:10.176 line:6% align:center
AND SO THERE COULD BE SOME      
FRICTIONS BETWEEN WHAT T        

00:05:10.176 --> 00:05:10.443 line:6% align:center
AND SO THERE COULD BE SOME      
FRICTIONS BETWEEN WHAT THAT DEAL

00:05:10.443 --> 00:05:10.710 line:6% align:center
AND SO THERE COULD BE SOME      
FRICTIONS BETWEEN WHAT THAT DEAL

00:05:10.710 --> 00:05:10.977 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL

00:05:10.977 --> 00:05:11.244 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL

00:05:11.244 --> 00:05:11.511 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL

00:05:11.511 --> 00:05:11.778 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL

00:05:11.778 --> 00:05:12.045 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL

00:05:12.045 --> 00:05:12.312 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL
IS PROMI                        

00:05:12.312 --> 00:05:12.578 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL
IS PROMISING BETWEEN            

00:05:12.578 --> 00:05:12.845 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL
IS PROMISING BETWEEN CANADIAN   

00:05:12.845 --> 00:05:13.112 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL
IS PROMISING BETWEEN CANADIAN   

00:05:13.112 --> 00:05:13.379 line:6% align:center
FRICTIONS BETWEEN WHAT THAT DEAL
IS PROMISING BETWEEN CANADIAN   

00:05:13.379 --> 00:05:13.646 line:6% align:center
IS PROMISING BETWEEN CANADIAN   
AND                             

00:05:13.646 --> 00:05:13.913 line:6% align:center
IS PROMISING BETWEEN CANADIAN   
AND                             

00:05:13.913 --> 00:05:14.180 line:6% align:center
IS PROMISING BETWEEN CANADIAN   
AND U.S.                        

00:05:14.180 --> 00:05:14.447 line:6% align:center
IS PROMISING BETWEEN CANADIAN   
AND U.S. TRADE                  

00:05:14.447 --> 00:05:14.714 line:6% align:center
IS PROMISING BETWEEN CANADIAN   
AND U.S. TRADE AND W            

00:05:14.714 --> 00:05:14.981 line:6% align:center
IS PROMISING BETWEEN CANADIAN   
AND U.S. TRADE AND WHAT THE     

00:05:14.981 --> 00:05:15.248 line:6% align:center
IS PROMISING BETWEEN CANADIAN   
AND U.S. TRADE AND WHAT THE U.S.

00:05:15.248 --> 00:05:15.515 line:6% align:center
AND U.S. TRADE AND WHAT THE U.S.

00:05:15.515 --> 00:05:15.782 line:6% align:center
AND U.S. TRADE AND WHAT THE U.S.
IS PLANNIN                      

00:05:15.782 --> 00:05:16.049 line:6% align:center
AND U.S. TRADE AND WHAT THE U.S.
IS PLANNING ON                  

00:05:16.049 --> 00:05:16.316 line:6% align:center
AND U.S. TRADE AND WHAT THE U.S.
IS PLANNING ON DOING            

00:05:16.316 --> 00:05:16.582 line:6% align:center
AND U.S. TRADE AND WHAT THE U.S.
IS PLANNING ON DOING WITH       

00:05:16.582 --> 00:05:16.849 line:6% align:center
AND U.S. TRADE AND WHAT THE U.S.
IS PLANNING ON DOING WITH       

00:05:16.849 --> 00:05:17.116 line:6% align:center
AND U.S. TRADE AND WHAT THE U.S.
IS PLANNING ON DOING WITH CHINA 

00:05:17.116 --> 00:05:17.383 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH R                          

00:05:17.383 --> 00:05:17.650 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH RESPECT TO                 

00:05:17.650 --> 00:05:17.917 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH RESPECT TO                 

00:05:17.917 --> 00:05:18.184 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH RESPECT TO S               

00:05:18.184 --> 00:05:18.451 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH RESPECT TO SOME            

00:05:18.451 --> 00:05:18.718 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH RESPECT TO SOME OF TH      

00:05:18.718 --> 00:05:18.985 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH RESPECT TO SOME OF THESE   

00:05:18.985 --> 00:05:19.252 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH RESPECT TO SOME OF THESE   

00:05:19.252 --> 00:05:19.519 line:6% align:center
IS PLANNING ON DOING WITH CHINA 
WITH RESPECT TO SOME OF THESE   

00:05:19.519 --> 00:05:19.786 line:6% align:center
WITH RESPECT TO SOME OF THESE   
PR                              

00:05:19.786 --> 00:05:20.053 line:6% align:center
WITH RESPECT TO SOME OF THESE   
PRODUCTS, ESPECIA               

00:05:20.053 --> 00:05:20.320 line:6% align:center
WITH RESPECT TO SOME OF THESE   
PRODUCTS, ESPECIALLY            

00:05:20.320 --> 00:05:20.586 line:6% align:center
WITH RESPECT TO SOME OF THESE   
PRODUCTS, ESPECIALLY            

00:05:20.586 --> 00:05:20.853 line:6% align:center
WITH RESPECT TO SOME OF THESE   
PRODUCTS, ESPECIALLY            

00:05:20.853 --> 00:05:21.120 line:6% align:center
WITH RESPECT TO SOME OF THESE   
PRODUCTS, ESPECIALLY            

00:05:21.120 --> 00:05:21.387 line:6% align:center
PRODUCTS, ESPECIALLY AUTOS.     

00:05:21.387 --> 00:05:21.654 line:6% align:center
PRODUCTS, ESPECIALLY AUTOS.     
>> Cathe                        

00:05:21.654 --> 00:05:21.921 line:6% align:center
PRODUCTS, ESPECIALLY AUTOS.     
>> Catherine:                   

00:05:21.921 --> 00:05:22.188 line:6% align:center
PRODUCTS, ESPECIALLY AUTOS.     
>> Catherine: WHA               

00:05:22.188 --> 00:05:22.455 line:6% align:center
>> Catherine: WHAT'S THE        

00:05:22.455 --> 00:05:22.722 line:6% align:center
>> Catherine: WHAT'S THE        

00:05:22.722 --> 00:05:22.989 line:6% align:center
>> Catherine: WHAT'S THE        

00:05:22.989 --> 00:05:23.256 line:6% align:center
>> Catherine: WHAT'S THE        

00:05:23.256 --> 00:05:23.523 line:6% align:center
>> Catherine: WHAT'S THE        

00:05:23.523 --> 00:05:23.790 line:6% align:center
>> Catherine: WHAT'S THE        

00:05:23.790 --> 00:05:24.057 line:6% align:center
>> Catherine: WHAT'S THE        

00:05:24.057 --> 00:05:24.324 line:6% align:center
>> Catherine: WHAT'S THE        

00:05:24.324 --> 00:05:24.590 line:6% align:center
>> Catherine: WHAT'S THE        
TIMING OF                       

00:05:24.590 --> 00:05:24.857 line:6% align:center
>> Catherine: WHAT'S THE        
TIMING OF                       

00:05:24.857 --> 00:05:25.124 line:6% align:center
>> Catherine: WHAT'S THE        
TIMING OF                       

00:05:25.124 --> 00:05:25.391 line:6% align:center
>> Catherine: WHAT'S THE        
TIMING OF                       

00:05:25.391 --> 00:05:25.658 line:6% align:center
>> Catherine: WHAT'S THE        
TIMING OF                       

00:05:25.658 --> 00:05:25.925 line:6% align:center
>> Catherine: WHAT'S THE        
TIMING OF T                     

00:05:25.925 --> 00:05:26.192 line:6% align:center
TIMING OF THIS?                 
>>                              

00:05:26.192 --> 00:05:26.459 line:6% align:center
TIMING OF THIS?                 
>>                              

00:05:26.459 --> 00:05:26.726 line:6% align:center
TIMING OF THIS?                 
>>                              

00:05:26.726 --> 00:05:26.993 line:6% align:center
TIMING OF THIS?                 
>>                              

00:05:26.993 --> 00:05:27.260 line:6% align:center
TIMING OF THIS?                 
>> SURE.                        

00:05:27.260 --> 00:05:27.527 line:6% align:center
>> SURE.                        
WELL,                           

00:05:27.527 --> 00:05:27.794 line:6% align:center
>> SURE.                        
WELL, OUR UND                   

00:05:27.794 --> 00:05:28.061 line:6% align:center
>> SURE.                        
WELL, OUR UNDERSTANDING I       

00:05:28.061 --> 00:05:28.328 line:6% align:center
>> SURE.                        
WELL, OUR UNDERSTANDING IS T    

00:05:28.328 --> 00:05:28.594 line:6% align:center
WELL, OUR UNDERSTANDING IS THAT 

00:05:28.594 --> 00:05:28.861 line:6% align:center
WELL, OUR UNDERSTANDING IS THAT 
THERE                           

00:05:28.861 --> 00:05:29.128 line:6% align:center
WELL, OUR UNDERSTANDING IS THAT 
THERE SHOULD                    

00:05:29.128 --> 00:05:29.395 line:6% align:center
WELL, OUR UNDERSTANDING IS THAT 
THERE SHOULD BE AN              

00:05:29.395 --> 00:05:29.662 line:6% align:center
WELL, OUR UNDERSTANDING IS THAT 
THERE SHOULD BE AN AGREEMENT    

00:05:29.662 --> 00:05:29.929 line:6% align:center
THERE SHOULD BE AN AGREEMENT    
BETWEEN                         

00:05:29.929 --> 00:05:30.196 line:6% align:center
THERE SHOULD BE AN AGREEMENT    
BETWEEN THE                     

00:05:30.196 --> 00:05:30.463 line:6% align:center
THERE SHOULD BE AN AGREEMENT    
BETWEEN THE                     

00:05:30.463 --> 00:05:30.730 line:6% align:center
THERE SHOULD BE AN AGREEMENT    
BETWEEN THE                     

00:05:30.730 --> 00:05:30.997 line:6% align:center
THERE SHOULD BE AN AGREEMENT    
BETWEEN THE U                   

00:05:30.997 --> 00:05:31.264 line:6% align:center
THERE SHOULD BE AN AGREEMENT    
BETWEEN THE U.S. AND            

00:05:31.264 --> 00:05:31.531 line:6% align:center
THERE SHOULD BE AN AGREEMENT    
BETWEEN THE U.S. AND CHINA BY   

00:05:31.531 --> 00:05:31.798 line:6% align:center
BETWEEN THE U.S. AND CHINA BY   

00:05:31.798 --> 00:05:32.065 line:6% align:center
BETWEEN THE U.S. AND CHINA BY   

00:05:32.065 --> 00:05:32.332 line:6% align:center
BETWEEN THE U.S. AND CHINA BY   
THE END                         

00:05:32.332 --> 00:05:32.598 line:6% align:center
BETWEEN THE U.S. AND CHINA BY   
THE END OF THIS                 

00:05:32.598 --> 00:05:32.865 line:6% align:center
BETWEEN THE U.S. AND CHINA BY   
THE END OF THIS                 

00:05:32.865 --> 00:05:33.132 line:6% align:center
BETWEEN THE U.S. AND CHINA BY   
THE END OF THIS MONTH.          

00:05:33.132 --> 00:05:33.399 line:6% align:center
BETWEEN THE U.S. AND CHINA BY   
THE END OF THIS MONTH.          

00:05:33.399 --> 00:05:33.666 line:6% align:center
BETWEEN THE U.S. AND CHINA BY   
THE END OF THIS MONTH.          

00:05:33.666 --> 00:05:33.933 line:6% align:center
THE END OF THIS MONTH.          
RE                              

00:05:33.933 --> 00:05:34.200 line:6% align:center
THE END OF THIS MONTH.          
REGARDING T                     

00:05:34.200 --> 00:05:34.467 line:6% align:center
THE END OF THIS MONTH.          
REGARDING THE USMCA             

00:05:34.467 --> 00:05:34.734 line:6% align:center
THE END OF THIS MONTH.          
REGARDING THE USMCA             

00:05:34.734 --> 00:05:35.001 line:6% align:center
THE END OF THIS MONTH.          
REGARDING THE USMCA             

00:05:35.001 --> 00:05:35.268 line:6% align:center
THE END OF THIS MONTH.          
REGARDING THE USMCA             

00:05:35.268 --> 00:05:35.535 line:6% align:center
THE END OF THIS MONTH.          
REGARDING THE USMCA             

00:05:35.535 --> 00:05:35.802 line:6% align:center
THE END OF THIS MONTH.          
REGARDING THE USMCA AGR         

00:05:35.802 --> 00:05:36.069 line:6% align:center
REGARDING THE USMCA AGREEMENT,  

00:05:36.069 --> 00:05:36.336 line:6% align:center
REGARDING THE USMCA AGREEMENT,  
IT'S STILL P                    

00:05:36.336 --> 00:05:36.602 line:6% align:center
REGARDING THE USMCA AGREEMENT,  
IT'S STILL PRETTY               

00:05:36.602 --> 00:05:36.869 line:6% align:center
REGARDING THE USMCA AGREEMENT,  
IT'S STILL PRETTY MUCH UP IN TH 

00:05:36.869 --> 00:05:37.136 line:6% align:center
REGARDING THE USMCA AGREEMENT,  
IT'S STILL PRETTY MUCH UP IN THE

00:05:37.136 --> 00:05:37.403 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR,                            

00:05:37.403 --> 00:05:37.670 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT                        

00:05:37.670 --> 00:05:37.937 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT THERE                  

00:05:37.937 --> 00:05:38.204 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT THERE ARE              

00:05:38.204 --> 00:05:38.471 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT THERE ARE SOME         

00:05:38.471 --> 00:05:38.738 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT THERE ARE SOME         

00:05:38.738 --> 00:05:39.005 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT THERE ARE SOME         

00:05:39.005 --> 00:05:39.272 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT THERE ARE SOME         

00:05:39.272 --> 00:05:39.539 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT THERE ARE SOME H       

00:05:39.539 --> 00:05:39.806 line:6% align:center
IT'S STILL PRETTY MUCH UP IN THE
AIR, BUT THERE ARE SOME HARD    

00:05:39.806 --> 00:05:40.073 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEAD                            

00:05:40.073 --> 00:05:40.340 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEADLINES THAT N                

00:05:40.340 --> 00:05:40.606 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEADLINES THAT NEED TO          

00:05:40.606 --> 00:05:40.873 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEADLINES THAT NEED TO          

00:05:40.873 --> 00:05:41.140 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEADLINES THAT NEED TO          

00:05:41.140 --> 00:05:41.407 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEADLINES THAT NEED TO BE       

00:05:41.407 --> 00:05:41.674 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEADLINES THAT NEED TO BE MET   

00:05:41.674 --> 00:05:41.941 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEADLINES THAT NEED TO BE MET   

00:05:41.941 --> 00:05:42.208 line:6% align:center
AIR, BUT THERE ARE SOME HARD    
DEADLINES THAT NEED TO BE MET IN

00:05:42.208 --> 00:05:42.475 line:6% align:center
DEADLINES THAT NEED TO BE MET IN
AROUND                          

00:05:42.475 --> 00:05:42.742 line:6% align:center
DEADLINES THAT NEED TO BE MET IN
AROUND                          

00:05:42.742 --> 00:05:43.009 line:6% align:center
DEADLINES THAT NEED TO BE MET IN
AROUND THIS                     

00:05:43.009 --> 00:05:43.276 line:6% align:center
DEADLINES THAT NEED TO BE MET IN
AROUND THIS MONTH, IN           

00:05:43.276 --> 00:05:43.543 line:6% align:center
DEADLINES THAT NEED TO BE MET IN
AROUND THIS MONTH, IN MAR       

00:05:43.543 --> 00:05:43.810 line:6% align:center
DEADLINES THAT NEED TO BE MET IN
AROUND THIS MONTH, IN MARCH, A  

00:05:43.810 --> 00:05:44.077 line:6% align:center
DEADLINES THAT NEED TO BE MET IN
AROUND THIS MONTH, IN MARCH, AND

00:05:44.077 --> 00:05:44.344 line:6% align:center
AROUND THIS MONTH, IN MARCH, AND

00:05:44.344 --> 00:05:44.610 line:6% align:center
AROUND THIS MONTH, IN MARCH, AND
SO WE                           

00:05:44.610 --> 00:05:44.877 line:6% align:center
AROUND THIS MONTH, IN MARCH, AND
SO WE MIGHT                     

00:05:44.877 --> 00:05:45.144 line:6% align:center
AROUND THIS MONTH, IN MARCH, AND
SO WE MIGHT                     

00:05:45.144 --> 00:05:45.411 line:6% align:center
AROUND THIS MONTH, IN MARCH, AND
SO WE MIGHT START               

00:05:45.411 --> 00:05:45.678 line:6% align:center
AROUND THIS MONTH, IN MARCH, AND
SO WE MIGHT START SEEING SOME   

00:05:45.678 --> 00:05:45.945 line:6% align:center
AROUND THIS MONTH, IN MARCH, AND
SO WE MIGHT START SEEING SOME   

00:05:45.945 --> 00:05:46.212 line:6% align:center
SO WE MIGHT START SEEING SOME   
MOVEMENT                        

00:05:46.212 --> 00:05:46.479 line:6% align:center
SO WE MIGHT START SEEING SOME   
MOVEMENT                        

00:05:46.479 --> 00:05:46.746 line:6% align:center
SO WE MIGHT START SEEING SOME   
MOVEMENT                        

00:05:46.746 --> 00:05:47.013 line:6% align:center
SO WE MIGHT START SEEING SOME   
MOVEMENT I                      

00:05:47.013 --> 00:05:47.280 line:6% align:center
SO WE MIGHT START SEEING SOME   
MOVEMENT IN THE                 

00:05:47.280 --> 00:05:47.547 line:6% align:center
SO WE MIGHT START SEEING SOME   
MOVEMENT IN THE PASSAGE OF      

00:05:47.547 --> 00:05:47.814 line:6% align:center
SO WE MIGHT START SEEING SOME   
MOVEMENT IN THE PASSAGE OF THAT.

00:05:47.814 --> 00:05:48.081 line:6% align:center
SO WE MIGHT START SEEING SOME   
MOVEMENT IN THE PASSAGE OF THAT.

00:05:48.081 --> 00:05:48.348 line:6% align:center
MOVEMENT IN THE PASSAGE OF THAT.

00:05:48.348 --> 00:05:48.614 line:6% align:center
MOVEMENT IN THE PASSAGE OF THAT.

00:05:48.614 --> 00:05:48.881 line:6% align:center
MOVEMENT IN THE PASSAGE OF THAT.
BU                              

00:05:48.881 --> 00:05:49.148 line:6% align:center
MOVEMENT IN THE PASSAGE OF THAT.
BUT, AGAIN,                     

00:05:49.148 --> 00:05:49.415 line:6% align:center
MOVEMENT IN THE PASSAGE OF THAT.
BUT, AGAIN, I                   

00:05:49.415 --> 00:05:49.682 line:6% align:center
MOVEMENT IN THE PASSAGE OF THAT.
BUT, AGAIN, I THINK             

00:05:49.682 --> 00:05:49.949 line:6% align:center
MOVEMENT IN THE PASSAGE OF THAT.
BUT, AGAIN, I THINK MOST        

00:05:49.949 --> 00:05:50.216 line:6% align:center
MOVEMENT IN THE PASSAGE OF THAT.
BUT, AGAIN, I THINK MOST MARKETS

00:05:50.216 --> 00:05:50.483 line:6% align:center
BUT, AGAIN, I THINK MOST MARKETS
ARE RE                          

00:05:50.483 --> 00:05:50.750 line:6% align:center
BUT, AGAIN, I THINK MOST MARKETS
ARE REALLY FOC                  

00:05:50.750 --> 00:05:51.017 line:6% align:center
BUT, AGAIN, I THINK MOST MARKETS
ARE REALLY FOCUSED ON           

00:05:51.017 --> 00:05:51.284 line:6% align:center
BUT, AGAIN, I THINK MOST MARKETS
ARE REALLY FOCUSED ON THE       

00:05:51.284 --> 00:05:51.551 line:6% align:center
BUT, AGAIN, I THINK MOST MARKETS
ARE REALLY FOCUSED ON THE       

00:05:51.551 --> 00:05:51.818 line:6% align:center
ARE REALLY FOCUSED ON THE       
U.S.-C                          

00:05:51.818 --> 00:05:52.085 line:6% align:center
ARE REALLY FOCUSED ON THE       
U.S.-CHINA DEAL,                

00:05:52.085 --> 00:05:52.352 line:6% align:center
ARE REALLY FOCUSED ON THE       
U.S.-CHINA DEAL, AND            

00:05:52.352 --> 00:05:52.618 line:6% align:center
ARE REALLY FOCUSED ON THE       
U.S.-CHINA DEAL, AND IT         

00:05:52.618 --> 00:05:52.885 line:6% align:center
ARE REALLY FOCUSED ON THE       
U.S.-CHINA DEAL, AND IT SOUND   

00:05:52.885 --> 00:05:53.152 line:6% align:center
U.S.-CHINA DEAL, AND IT SOUNDS  
LIKE                            

00:05:53.152 --> 00:05:53.419 line:6% align:center
U.S.-CHINA DEAL, AND IT SOUNDS  
LIKE THERE M                    

00:05:53.419 --> 00:05:53.686 line:6% align:center
U.S.-CHINA DEAL, AND IT SOUNDS  
LIKE THERE MIGHT                

00:05:53.686 --> 00:05:53.953 line:6% align:center
U.S.-CHINA DEAL, AND IT SOUNDS  
LIKE THERE MIGHT BE             

00:05:53.953 --> 00:05:54.220 line:6% align:center
U.S.-CHINA DEAL, AND IT SOUNDS  
LIKE THERE MIGHT BE SOME        

00:05:54.220 --> 00:05:54.487 line:6% align:center
LIKE THERE MIGHT BE SOME        
AGREEMEN                        

00:05:54.487 --> 00:05:54.754 line:6% align:center
LIKE THERE MIGHT BE SOME        
AGREEMENT AGAIN ON              

00:05:54.754 --> 00:05:55.021 line:6% align:center
LIKE THERE MIGHT BE SOME        
AGREEMENT AGAIN ON THIS         

00:05:55.021 --> 00:05:55.288 line:6% align:center
LIKE THERE MIGHT BE SOME        
AGREEMENT AGAIN ON THIS         

00:05:55.288 --> 00:05:55.555 line:6% align:center
LIKE THERE MIGHT BE SOME        
AGREEMENT AGAIN ON THIS         

00:05:55.555 --> 00:05:55.822 line:6% align:center
LIKE THERE MIGHT BE SOME        
AGREEMENT AGAIN ON THIS         

00:05:55.822 --> 00:05:56.089 line:6% align:center
LIKE THERE MIGHT BE SOME        
AGREEMENT AGAIN ON THIS         

00:05:56.089 --> 00:05:56.356 line:6% align:center
AGREEMENT AGAIN ON THIS         

00:05:56.356 --> 00:05:56.622 line:6% align:center
AGREEMENT AGAIN ON THIS         
$1.2                            

00:05:56.622 --> 00:05:56.889 line:6% align:center
AGREEMENT AGAIN ON THIS         
$1.2 TRILLION WORTH             

00:05:56.889 --> 00:05:57.156 line:6% align:center
AGREEMENT AGAIN ON THIS         
$1.2 TRILLION WORTH OF          

00:05:57.156 --> 00:05:57.423 line:6% align:center
AGREEMENT AGAIN ON THIS         
$1.2 TRILLION WORTH OF          

00:05:57.423 --> 00:05:57.690 line:6% align:center
AGREEMENT AGAIN ON THIS         
$1.2 TRILLION WORTH OF          

00:05:57.690 --> 00:05:57.957 line:6% align:center
AGREEMENT AGAIN ON THIS         
$1.2 TRILLION WORTH OF          

00:05:57.957 --> 00:05:58.224 line:6% align:center
AGREEMENT AGAIN ON THIS         
$1.2 TRILLION WORTH OF          

00:05:58.224 --> 00:05:58.491 line:6% align:center
AGREEMENT AGAIN ON THIS         
$1.2 TRILLION WORTH OF EXPOR    

00:05:58.491 --> 00:05:58.758 line:6% align:center
$1.2 TRILLION WORTH OF EXPORTS, 
AS WEL                          

00:05:58.758 --> 00:05:59.025 line:6% align:center
$1.2 TRILLION WORTH OF EXPORTS, 
AS WELL AS CHI                  

00:05:59.025 --> 00:05:59.292 line:6% align:center
$1.2 TRILLION WORTH OF EXPORTS, 
AS WELL AS CHINA AGREEIN        

00:05:59.292 --> 00:05:59.559 line:6% align:center
$1.2 TRILLION WORTH OF EXPORTS, 
AS WELL AS CHINA AGREEING TO    

00:05:59.559 --> 00:05:59.826 line:6% align:center
$1.2 TRILLION WORTH OF EXPORTS, 
AS WELL AS CHINA AGREEING TO    

00:05:59.826 --> 00:06:00.093 line:6% align:center
$1.2 TRILLION WORTH OF EXPORTS, 
AS WELL AS CHINA AGREEING TO    

00:06:00.093 --> 00:06:00.360 line:6% align:center
AS WELL AS CHINA AGREEING TO    
LIGH                            

00:06:00.360 --> 00:06:00.626 line:6% align:center
AS WELL AS CHINA AGREEING TO    
LIGHTEN UP O                    

00:06:00.626 --> 00:06:00.893 line:6% align:center
AS WELL AS CHINA AGREEING TO    
LIGHTEN UP ON S                 

00:06:00.893 --> 00:06:01.160 line:6% align:center
AS WELL AS CHINA AGREEING TO    
LIGHTEN UP ON SOME OF           

00:06:01.160 --> 00:06:01.427 line:6% align:center
AS WELL AS CHINA AGREEING TO    
LIGHTEN UP ON SOME OF ITS       

00:06:01.427 --> 00:06:01.694 line:6% align:center
AS WELL AS CHINA AGREEING TO    
LIGHTEN UP ON SOME OF ITS       

00:06:01.694 --> 00:06:01.961 line:6% align:center
AS WELL AS CHINA AGREEING TO    
LIGHTEN UP ON SOME OF ITS       

00:06:01.961 --> 00:06:02.228 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WIT                    

00:06:02.228 --> 00:06:02.495 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WITH RESPECT           

00:06:02.495 --> 00:06:02.762 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WITH RESPECT           

00:06:02.762 --> 00:06:03.029 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WITH RESPECT           

00:06:03.029 --> 00:06:03.296 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WITH RESPECT           

00:06:03.296 --> 00:06:03.563 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WITH RESPECT           

00:06:03.563 --> 00:06:03.830 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WITH RESPECT           

00:06:03.830 --> 00:06:04.097 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WITH RESPECT           

00:06:04.097 --> 00:06:04.364 line:6% align:center
LIGHTEN UP ON SOME OF ITS       
POLICIES WITH RESPECT TO        

00:06:04.364 --> 00:06:04.630 line:6% align:center
POLICIES WITH RESPECT TO        

00:06:04.630 --> 00:06:04.897 line:6% align:center
POLICIES WITH RESPECT TO        

00:06:04.897 --> 00:06:05.164 line:6% align:center
POLICIES WITH RESPECT TO        

00:06:05.164 --> 00:06:05.431 line:6% align:center
POLICIES WITH RESPECT TO        
INTELL                          

00:06:05.431 --> 00:06:05.698 line:6% align:center
POLICIES WITH RESPECT TO        
INTELLECTUAL                    

00:06:05.698 --> 00:06:05.965 line:6% align:center
POLICIES WITH RESPECT TO        
INTELLECTUAL                    

00:06:05.965 --> 00:06:06.232 line:6% align:center
POLICIES WITH RESPECT TO        
INTELLECTUAL                    

00:06:06.232 --> 00:06:06.499 line:6% align:center
POLICIES WITH RESPECT TO        
INTELLECTUAL                    

00:06:06.499 --> 00:06:06.766 line:6% align:center
POLICIES WITH RESPECT TO        
INTELLECTUAL                    

00:06:06.766 --> 00:06:07.033 line:6% align:center
POLICIES WITH RESPECT TO        
INTELLECTUAL PRO                

00:06:07.033 --> 00:06:07.300 line:6% align:center
POLICIES WITH RESPECT TO        
INTELLECTUAL PROPERTY, FOR      

00:06:07.300 --> 00:06:07.567 line:6% align:center
INTELLECTUAL PROPERTY, FOREIGN  
GOVE                            

00:06:07.567 --> 00:06:07.834 line:6% align:center
INTELLECTUAL PROPERTY, FOREIGN  
GOVERNMENTS --                  

00:06:07.834 --> 00:06:08.101 line:6% align:center
INTELLECTUAL PROPERTY, FOREIGN  
GOVERNMENTS -- SOR              

00:06:08.101 --> 00:06:08.368 line:6% align:center
INTELLECTUAL PROPERTY, FOREIGN  
GOVERNMENTS -- SORRY, FOREIGN   

00:06:08.368 --> 00:06:08.634 line:6% align:center
GOVERNMENTS -- SORRY, FOREIGN   

00:06:08.634 --> 00:06:08.901 line:6% align:center
GOVERNMENTS -- SORRY, FOREIGN   
BUSINESS                        

00:06:08.901 --> 00:06:09.168 line:6% align:center
GOVERNMENTS -- SORRY, FOREIGN   
BUSINESSES, AND T               

00:06:09.168 --> 00:06:09.435 line:6% align:center
GOVERNMENTS -- SORRY, FOREIGN   
BUSINESSES, AND THE U.S         

00:06:09.435 --> 00:06:09.702 line:6% align:center
GOVERNMENTS -- SORRY, FOREIGN   
BUSINESSES, AND THE U.S. IS     

00:06:09.702 --> 00:06:09.969 line:6% align:center
GOVERNMENTS -- SORRY, FOREIGN   
BUSINESSES, AND THE U.S. IS ALSO

00:06:09.969 --> 00:06:10.236 line:6% align:center
GOVERNMENTS -- SORRY, FOREIGN   
BUSINESSES, AND THE U.S. IS ALSO

00:06:10.236 --> 00:06:10.503 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO

00:06:10.503 --> 00:06:10.770 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIA                        

00:06:10.770 --> 00:06:11.037 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIALLY GOING TO L          

00:06:11.037 --> 00:06:11.304 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIALLY GOING TO LIFT       

00:06:11.304 --> 00:06:11.571 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIALLY GOING TO LIFT       

00:06:11.571 --> 00:06:11.838 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIALLY GOING TO LIFT       

00:06:11.838 --> 00:06:12.105 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIALLY GOING TO LIFT       

00:06:12.105 --> 00:06:12.372 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIALLY GOING TO LIFT       

00:06:12.372 --> 00:06:12.638 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIALLY GOING TO LIFT       

00:06:12.638 --> 00:06:12.905 line:6% align:center
BUSINESSES, AND THE U.S. IS ALSO
POTENTIALLY GOING TO LIFT M     

00:06:12.905 --> 00:06:13.172 line:6% align:center
POTENTIALLY GOING TO LIFT MANY  
OF                              

00:06:13.172 --> 00:06:13.439 line:6% align:center
POTENTIALLY GOING TO LIFT MANY  
OF THE TARIF                    

00:06:13.439 --> 00:06:13.706 line:6% align:center
POTENTIALLY GOING TO LIFT MANY  
OF THE TARIFFS IMPOSED          

00:06:13.706 --> 00:06:13.973 line:6% align:center
POTENTIALLY GOING TO LIFT MANY  
OF THE TARIFFS IMPOSED ON       

00:06:13.973 --> 00:06:14.240 line:6% align:center
OF THE TARIFFS IMPOSED ON       

00:06:14.240 --> 00:06:14.507 line:6% align:center
OF THE TARIFFS IMPOSED ON       
ROUGHLY                         

00:06:14.507 --> 00:06:14.774 line:6% align:center
OF THE TARIFFS IMPOSED ON       
ROUGHLY                         

00:06:14.774 --> 00:06:15.041 line:6% align:center
OF THE TARIFFS IMPOSED ON       
ROUGHLY                         

00:06:15.041 --> 00:06:15.308 line:6% align:center
OF THE TARIFFS IMPOSED ON       
ROUGHLY                         

00:06:15.308 --> 00:06:15.575 line:6% align:center
OF THE TARIFFS IMPOSED ON       
ROUGHLY                         

00:06:15.575 --> 00:06:15.842 line:6% align:center
OF THE TARIFFS IMPOSED ON       
ROUGHLY $250 BILL               

00:06:15.842 --> 00:06:16.109 line:6% align:center
OF THE TARIFFS IMPOSED ON       
ROUGHLY $250 BILLION WORTH O    

00:06:16.109 --> 00:06:16.376 line:6% align:center
ROUGHLY $250 BILLION WORTH OF   
CHINES                          

00:06:16.376 --> 00:06:16.642 line:6% align:center
ROUGHLY $250 BILLION WORTH OF   
CHINESE GOODS.                  

00:06:16.642 --> 00:06:16.909 line:6% align:center
CHINESE GOODS.                  
>> C                            

00:06:16.909 --> 00:06:17.176 line:6% align:center
CHINESE GOODS.                  
>> Catherine:                   

00:06:17.176 --> 00:06:17.443 line:6% align:center
CHINESE GOODS.                  
>> Catherine:                   

00:06:17.443 --> 00:06:17.710 line:6% align:center
CHINESE GOODS.                  
>> Catherine: DANA, W           

00:06:17.710 --> 00:06:17.977 line:6% align:center
>> Catherine: DANA, WHAT'S      

00:06:17.977 --> 00:06:18.244 line:6% align:center
>> Catherine: DANA, WHAT'S      

00:06:18.244 --> 00:06:18.511 line:6% align:center
>> Catherine: DANA, WHAT'S      
YOUR I                          

00:06:18.511 --> 00:06:18.778 line:6% align:center
>> Catherine: DANA, WHAT'S      
YOUR INVESTMENT                 

00:06:18.778 --> 00:06:19.045 line:6% align:center
>> Catherine: DANA, WHAT'S      
YOUR INVESTMENT                 

00:06:19.045 --> 00:06:19.312 line:6% align:center
>> Catherine: DANA, WHAT'S      
YOUR INVESTMENT RIGHT           

00:06:19.312 --> 00:06:19.579 line:6% align:center
>> Catherine: DANA, WHAT'S      
YOUR INVESTMENT RIGHT NOW OF    

00:06:19.579 --> 00:06:19.846 line:6% align:center
>> Catherine: DANA, WHAT'S      
YOUR INVESTMENT RIGHT NOW OF    

00:06:19.846 --> 00:06:20.113 line:6% align:center
>> Catherine: DANA, WHAT'S      
YOUR INVESTMENT RIGHT NOW OF THE

00:06:20.113 --> 00:06:20.380 line:6% align:center
>> Catherine: DANA, WHAT'S      
YOUR INVESTMENT RIGHT NOW OF THE

00:06:20.380 --> 00:06:20.646 line:6% align:center
YOUR INVESTMENT RIGHT NOW OF THE

00:06:20.646 --> 00:06:20.913 line:6% align:center
YOUR INVESTMENT RIGHT NOW OF THE

00:06:20.913 --> 00:06:21.180 line:6% align:center
YOUR INVESTMENT RIGHT NOW OF THE

00:06:21.180 --> 00:06:21.447 line:6% align:center
YOUR INVESTMENT RIGHT NOW OF THE
U.S. E                          

00:06:21.447 --> 00:06:21.714 line:6% align:center
U.S. ECONOMY?                   
AN                              

00:06:21.714 --> 00:06:21.981 line:6% align:center
U.S. ECONOMY?                   
AND I'M ASKING                  

00:06:21.981 --> 00:06:22.248 line:6% align:center
U.S. ECONOMY?                   
AND I'M ASKING THAT IN          

00:06:22.248 --> 00:06:22.515 line:6% align:center
U.S. ECONOMY?                   
AND I'M ASKING THAT IN LIGHT OF 

00:06:22.515 --> 00:06:22.782 line:6% align:center
AND I'M ASKING THAT IN LIGHT OF 

00:06:22.782 --> 00:06:23.049 line:6% align:center
AND I'M ASKING THAT IN LIGHT OF 

00:06:23.049 --> 00:06:23.316 line:6% align:center
AND I'M ASKING THAT IN LIGHT OF 
WHAT WE'                        

00:06:23.316 --> 00:06:23.583 line:6% align:center
AND I'M ASKING THAT IN LIGHT OF 
WHAT WE'VE BEEN                 

00:06:23.583 --> 00:06:23.850 line:6% align:center
AND I'M ASKING THAT IN LIGHT OF 
WHAT WE'VE BEEN LEARNING        

00:06:23.850 --> 00:06:24.117 line:6% align:center
AND I'M ASKING THAT IN LIGHT OF 
WHAT WE'VE BEEN LEARNING ABOUT  

00:06:24.117 --> 00:06:24.384 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  

00:06:24.384 --> 00:06:24.650 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  

00:06:24.650 --> 00:06:24.917 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE                        

00:06:24.917 --> 00:06:25.184 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE                        

00:06:25.184 --> 00:06:25.451 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE                        

00:06:25.451 --> 00:06:25.718 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE                        

00:06:25.718 --> 00:06:25.985 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE ECB                    

00:06:25.985 --> 00:06:26.252 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE ECB JUST               

00:06:26.252 --> 00:06:26.519 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE ECB JUST TODAY,        

00:06:26.519 --> 00:06:26.786 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE ECB JUST TODAY,        

00:06:26.786 --> 00:06:27.053 line:6% align:center
WHAT WE'VE BEEN LEARNING ABOUT  
FROM THE ECB JUST TODAY,        

00:06:27.053 --> 00:06:27.320 line:6% align:center
FROM THE ECB JUST TODAY,        
DOWNGR                          

00:06:27.320 --> 00:06:27.587 line:6% align:center
FROM THE ECB JUST TODAY,        
DOWNGRADING THEIR               

00:06:27.587 --> 00:06:27.854 line:6% align:center
FROM THE ECB JUST TODAY,        
DOWNGRADING THEIR               

00:06:27.854 --> 00:06:28.121 line:6% align:center
FROM THE ECB JUST TODAY,        
DOWNGRADING THEIR OUTLO         

00:06:28.121 --> 00:06:28.388 line:6% align:center
DOWNGRADING THEIR OUTLOOK.      
OBVIOU                          

00:06:28.388 --> 00:06:28.654 line:6% align:center
DOWNGRADING THEIR OUTLOOK.      
OBVIOUSLY THEY N                

00:06:28.654 --> 00:06:28.921 line:6% align:center
DOWNGRADING THEIR OUTLOOK.      
OBVIOUSLY THEY NEED T           

00:06:28.921 --> 00:06:29.188 line:6% align:center
DOWNGRADING THEIR OUTLOOK.      
OBVIOUSLY THEY NEED TO HAV      

00:06:29.188 --> 00:06:29.455 line:6% align:center
DOWNGRADING THEIR OUTLOOK.      
OBVIOUSLY THEY NEED TO HAVE     

00:06:29.455 --> 00:06:29.722 line:6% align:center
DOWNGRADING THEIR OUTLOOK.      
OBVIOUSLY THEY NEED TO HAVE MORE

00:06:29.722 --> 00:06:29.989 line:6% align:center
OBVIOUSLY THEY NEED TO HAVE MORE

00:06:29.989 --> 00:06:30.256 line:6% align:center
OBVIOUSLY THEY NEED TO HAVE MORE
STIMULUS IN                     

00:06:30.256 --> 00:06:30.523 line:6% align:center
OBVIOUSLY THEY NEED TO HAVE MORE
STIMULUS IN                     

00:06:30.523 --> 00:06:30.790 line:6% align:center
OBVIOUSLY THEY NEED TO HAVE MORE
STIMULUS IN THEIR               

00:06:30.790 --> 00:06:31.057 line:6% align:center
OBVIOUSLY THEY NEED TO HAVE MORE
STIMULUS IN THEIR BROAD         

00:06:31.057 --> 00:06:31.324 line:6% align:center
OBVIOUSLY THEY NEED TO HAVE MORE
STIMULUS IN THEIR BROADER       

00:06:31.324 --> 00:06:31.591 line:6% align:center
OBVIOUSLY THEY NEED TO HAVE MORE
STIMULUS IN THEIR BROADER       

00:06:31.591 --> 00:06:31.858 line:6% align:center
STIMULUS IN THEIR BROADER       
ECONOM                          

00:06:31.858 --> 00:06:32.125 line:6% align:center
STIMULUS IN THEIR BROADER       
ECONOMIES                       

00:06:32.125 --> 00:06:32.392 line:6% align:center
STIMULUS IN THEIR BROADER       
ECONOMIES THERE.                

00:06:32.392 --> 00:06:32.658 line:6% align:center
ECONOMIES THERE.                

00:06:32.658 --> 00:06:32.925 line:6% align:center
ECONOMIES THERE.                
TAKE A                          

00:06:32.925 --> 00:06:33.192 line:6% align:center
ECONOMIES THERE.                
TAKE A LOOK AT                  

00:06:33.192 --> 00:06:33.459 line:6% align:center
ECONOMIES THERE.                
TAKE A LOOK AT                  

00:06:33.459 --> 00:06:33.726 line:6% align:center
ECONOMIES THERE.                
TAKE A LOOK AT                  

00:06:33.726 --> 00:06:33.993 line:6% align:center
ECONOMIES THERE.                
TAKE A LOOK AT CANADA.          

00:06:33.993 --> 00:06:34.260 line:6% align:center
ECONOMIES THERE.                
TAKE A LOOK AT CANADA.          

00:06:34.260 --> 00:06:34.527 line:6% align:center
ECONOMIES THERE.                
TAKE A LOOK AT CANADA.          

00:06:34.527 --> 00:06:34.794 line:6% align:center
TAKE A LOOK AT CANADA.          
DISAPPOINT                      

00:06:34.794 --> 00:06:35.061 line:6% align:center
TAKE A LOOK AT CANADA.          
DISAPPOINTING ECONOMIC DAT      

00:06:35.061 --> 00:06:35.328 line:6% align:center
TAKE A LOOK AT CANADA.          
DISAPPOINTING ECONOMIC DATA FROM

00:06:35.328 --> 00:06:35.595 line:6% align:center
TAKE A LOOK AT CANADA.          
DISAPPOINTING ECONOMIC DATA FROM

00:06:35.595 --> 00:06:35.862 line:6% align:center
DISAPPOINTING ECONOMIC DATA FROM
A                               

00:06:35.862 --> 00:06:36.129 line:6% align:center
DISAPPOINTING ECONOMIC DATA FROM
A TRADE DEFIC                   

00:06:36.129 --> 00:06:36.396 line:6% align:center
DISAPPOINTING ECONOMIC DATA FROM
A TRADE DEFICIT                 

00:06:36.396 --> 00:06:36.662 line:6% align:center
DISAPPOINTING ECONOMIC DATA FROM
A TRADE DEFICIT P               

00:06:36.662 --> 00:06:36.929 line:6% align:center
DISAPPOINTING ECONOMIC DATA FROM
A TRADE DEFICIT PERSPECTIVE AND 

00:06:36.929 --> 00:06:37.196 line:6% align:center
DISAPPOINTING ECONOMIC DATA FROM
A TRADE DEFICIT PERSPECTIVE AND 

00:06:37.196 --> 00:06:37.463 line:6% align:center
DISAPPOINTING ECONOMIC DATA FROM
A TRADE DEFICIT PERSPECTIVE AND 

00:06:37.463 --> 00:06:37.730 line:6% align:center
A TRADE DEFICIT PERSPECTIVE AND 

00:06:37.730 --> 00:06:37.997 line:6% align:center
A TRADE DEFICIT PERSPECTIVE AND 
ALSO THE GDP                    

00:06:37.997 --> 00:06:38.264 line:6% align:center
A TRADE DEFICIT PERSPECTIVE AND 
ALSO THE GDP LAST               

00:06:38.264 --> 00:06:38.531 line:6% align:center
A TRADE DEFICIT PERSPECTIVE AND 
ALSO THE GDP LAST               

00:06:38.531 --> 00:06:38.798 line:6% align:center
A TRADE DEFICIT PERSPECTIVE AND 
ALSO THE GDP LAST WEEK,         

00:06:38.798 --> 00:06:39.065 line:6% align:center
A TRADE DEFICIT PERSPECTIVE AND 
ALSO THE GDP LAST WEEK,         

00:06:39.065 --> 00:06:39.332 line:6% align:center
A TRADE DEFICIT PERSPECTIVE AND 
ALSO THE GDP LAST WEEK, W       

00:06:39.332 --> 00:06:39.599 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SO                              

00:06:39.599 --> 00:06:39.866 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY                        

00:06:39.866 --> 00:06:40.133 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:40.133 --> 00:06:40.400 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:40.400 --> 00:06:40.666 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:40.666 --> 00:06:40.933 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:40.933 --> 00:06:41.200 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:41.200 --> 00:06:41.467 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:41.467 --> 00:06:41.734 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:41.734 --> 00:06:42.001 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:42.001 --> 00:06:42.268 line:6% align:center
ALSO THE GDP LAST WEEK, WHICH   
SOME SAY WAS                    

00:06:42.268 --> 00:06:42.535 line:6% align:center
SOME SAY WAS ATROCIOUS.         

00:06:42.535 --> 00:06:42.802 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS T                            

00:06:42.802 --> 00:06:43.069 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS                         

00:06:43.069 --> 00:06:43.336 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL                     

00:06:43.336 --> 00:06:43.603 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL                     

00:06:43.603 --> 00:06:43.870 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL                     

00:06:43.870 --> 00:06:44.137 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL                     

00:06:44.137 --> 00:06:44.404 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL                     

00:06:44.404 --> 00:06:44.670 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL D                   

00:06:44.670 --> 00:06:44.937 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL DUE                 

00:06:44.937 --> 00:06:45.204 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL DUE                 

00:06:45.204 --> 00:06:45.471 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL DUE TO THE          

00:06:45.471 --> 00:06:45.738 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL DUE TO THE TRADE    

00:06:45.738 --> 00:06:46.005 line:6% align:center
SOME SAY WAS ATROCIOUS.         
IS THIS ALL DUE TO THE TRADE    

00:06:46.005 --> 00:06:46.272 line:6% align:center
IS THIS ALL DUE TO THE TRADE    
WARS                            

00:06:46.272 --> 00:06:46.539 line:6% align:center
IS THIS ALL DUE TO THE TRADE    
WARS AND TARIFFS T              

00:06:46.539 --> 00:06:46.806 line:6% align:center
IS THIS ALL DUE TO THE TRADE    
WARS AND TARIFFS THAT           

00:06:46.806 --> 00:06:47.073 line:6% align:center
IS THIS ALL DUE TO THE TRADE    
WARS AND TARIFFS THAT           

00:06:47.073 --> 00:06:47.340 line:6% align:center
IS THIS ALL DUE TO THE TRADE    
WARS AND TARIFFS THAT WE'VE BEEN

00:06:47.340 --> 00:06:47.607 line:6% align:center
IS THIS ALL DUE TO THE TRADE    
WARS AND TARIFFS THAT WE'VE BEEN

00:06:47.607 --> 00:06:47.874 line:6% align:center
WARS AND TARIFFS THAT WE'VE BEEN

00:06:47.874 --> 00:06:48.141 line:6% align:center
WARS AND TARIFFS THAT WE'VE BEEN
SEEING                          

00:06:48.141 --> 00:06:48.408 line:6% align:center
WARS AND TARIFFS THAT WE'VE BEEN
SEEING, OR WHAT DO              

00:06:48.408 --> 00:06:48.674 line:6% align:center
WARS AND TARIFFS THAT WE'VE BEEN
SEEING, OR WHAT DO Y            

00:06:48.674 --> 00:06:48.941 line:6% align:center
WARS AND TARIFFS THAT WE'VE BEEN
SEEING, OR WHAT DO YOU          

00:06:48.941 --> 00:06:49.208 line:6% align:center
WARS AND TARIFFS THAT WE'VE BEEN
SEEING, OR WHAT DO YOU ATTRIBU  

00:06:49.208 --> 00:06:49.475 line:6% align:center
SEEING, OR WHAT DO YOU ATTRIBUTE

00:06:49.475 --> 00:06:49.742 line:6% align:center
SEEING, OR WHAT DO YOU ATTRIBUTE
IT TO AND                       

00:06:49.742 --> 00:06:50.009 line:6% align:center
SEEING, OR WHAT DO YOU ATTRIBUTE
IT TO AND HOW                   

00:06:50.009 --> 00:06:50.276 line:6% align:center
SEEING, OR WHAT DO YOU ATTRIBUTE
IT TO AND HOW IS                

00:06:50.276 --> 00:06:50.543 line:6% align:center
SEEING, OR WHAT DO YOU ATTRIBUTE
IT TO AND HOW IS THE U.S.       

00:06:50.543 --> 00:06:50.810 line:6% align:center
SEEING, OR WHAT DO YOU ATTRIBUTE
IT TO AND HOW IS THE U.S.       

00:06:50.810 --> 00:06:51.077 line:6% align:center
SEEING, OR WHAT DO YOU ATTRIBUTE
IT TO AND HOW IS THE U.S. DOING,

00:06:51.077 --> 00:06:51.344 line:6% align:center
IT TO AND HOW IS THE U.S. DOING,
IN Y                            

00:06:51.344 --> 00:06:51.611 line:6% align:center
IT TO AND HOW IS THE U.S. DOING,
IN YOUR OPINION?                

00:06:51.611 --> 00:06:51.878 line:6% align:center
IT TO AND HOW IS THE U.S. DOING,
IN YOUR OPINION?                

00:06:51.878 --> 00:06:52.145 line:6% align:center
IT TO AND HOW IS THE U.S. DOING,
IN YOUR OPINION?                

00:06:52.145 --> 00:06:52.412 line:6% align:center
IT TO AND HOW IS THE U.S. DOING,
IN YOUR OPINION?                

00:06:52.412 --> 00:06:52.678 line:6% align:center
IN YOUR OPINION?                
>>                              

00:06:52.678 --> 00:06:52.945 line:6% align:center
IN YOUR OPINION?                
>>                              

00:06:52.945 --> 00:06:53.212 line:6% align:center
IN YOUR OPINION?                
>> SURE.                        

00:06:53.212 --> 00:06:53.479 line:6% align:center
>> SURE.                        
WE                              

00:06:53.479 --> 00:06:53.746 line:6% align:center
>> SURE.                        
WELL, LET'S START               

00:06:53.746 --> 00:06:54.013 line:6% align:center
>> SURE.                        
WELL, LET'S START WITH THE      

00:06:54.013 --> 00:06:54.280 line:6% align:center
>> SURE.                        
WELL, LET'S START WITH THE      

00:06:54.280 --> 00:06:54.547 line:6% align:center
>> SURE.                        
WELL, LET'S START WITH THE U.S. 

00:06:54.547 --> 00:06:54.814 line:6% align:center
WELL, LET'S START WITH THE U.S. 
TH                              

00:06:54.814 --> 00:06:55.081 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S.                        

00:06:55.081 --> 00:06:55.348 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S.                        

00:06:55.348 --> 00:06:55.615 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S. ECONOMY                

00:06:55.615 --> 00:06:55.882 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S. ECONOMY                

00:06:55.882 --> 00:06:56.149 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S. ECONOMY                

00:06:56.149 --> 00:06:56.416 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S. ECONOMY                

00:06:56.416 --> 00:06:56.682 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S. ECONOMY I              

00:06:56.682 --> 00:06:56.949 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S. ECONOMY IN 2018 DID    

00:06:56.949 --> 00:06:57.216 line:6% align:center
WELL, LET'S START WITH THE U.S. 
THE U.S. ECONOMY IN 2018 DID    

00:06:57.216 --> 00:06:57.483 line:6% align:center
THE U.S. ECONOMY IN 2018 DID    
EXTRAORD                        

00:06:57.483 --> 00:06:57.750 line:6% align:center
THE U.S. ECONOMY IN 2018 DID    
EXTRAORDINARILY                 

00:06:57.750 --> 00:06:58.017 line:6% align:center
THE U.S. ECONOMY IN 2018 DID    
EXTRAORDINARILY WELL.           

00:06:58.017 --> 00:06:58.284 line:6% align:center
EXTRAORDINARILY WELL.           
IT                              

00:06:58.284 --> 00:06:58.551 line:6% align:center
EXTRAORDINARILY WELL.           
IT                              

00:06:58.551 --> 00:06:58.818 line:6% align:center
EXTRAORDINARILY WELL.           
IT                              

00:06:58.818 --> 00:06:59.085 line:6% align:center
EXTRAORDINARILY WELL.           
IT                              

00:06:59.085 --> 00:06:59.352 line:6% align:center
EXTRAORDINARILY WELL.           
IT GREW                         

00:06:59.352 --> 00:06:59.619 line:6% align:center
EXTRAORDINARILY WELL.           
IT GREW 2.9                     

00:06:59.619 --> 00:06:59.886 line:6% align:center
EXTRAORDINARILY WELL.           
IT GREW 2.9 PER                 

00:06:59.886 --> 00:07:00.153 line:6% align:center
EXTRAORDINARILY WELL.           
IT GREW 2.9 PERCENTAGE          

00:07:00.153 --> 00:07:00.420 line:6% align:center
EXTRAORDINARILY WELL.           
IT GREW 2.9 PERCENTAGE POI      

00:07:00.420 --> 00:07:00.686 line:6% align:center
IT GREW 2.9 PERCENTAGE POINTS.  

00:07:00.686 --> 00:07:00.953 line:6% align:center
IT GREW 2.9 PERCENTAGE POINTS.  
AND THAT WAS                    

00:07:00.953 --> 00:07:01.220 line:6% align:center
IT GREW 2.9 PERCENTAGE POINTS.  
AND THAT WAS FUE                

00:07:01.220 --> 00:07:01.487 line:6% align:center
IT GREW 2.9 PERCENTAGE POINTS.  
AND THAT WAS FUELED             

00:07:01.487 --> 00:07:01.754 line:6% align:center
IT GREW 2.9 PERCENTAGE POINTS.  
AND THAT WAS FUELED             

00:07:01.754 --> 00:07:02.021 line:6% align:center
IT GREW 2.9 PERCENTAGE POINTS.  
AND THAT WAS FUELED IN LA       

00:07:02.021 --> 00:07:02.288 line:6% align:center
AND THAT WAS FUELED IN LARGE    
PART B                          

00:07:02.288 --> 00:07:02.555 line:6% align:center
AND THAT WAS FUELED IN LARGE    
PART BY T                       

00:07:02.555 --> 00:07:02.822 line:6% align:center
AND THAT WAS FUELED IN LARGE    
PART BY THE TAX REFOR           

00:07:02.822 --> 00:07:03.089 line:6% align:center
AND THAT WAS FUELED IN LARGE    
PART BY THE TAX REFORMS         

00:07:03.089 --> 00:07:03.356 line:6% align:center
AND THAT WAS FUELED IN LARGE    
PART BY THE TAX REFORMS THAT,   

00:07:03.356 --> 00:07:03.623 line:6% align:center
PART BY THE TAX REFORMS THAT, AS

00:07:03.623 --> 00:07:03.890 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO                       

00:07:03.890 --> 00:07:04.157 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO                       

00:07:04.157 --> 00:07:04.424 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO                       

00:07:04.424 --> 00:07:04.690 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO                       

00:07:04.690 --> 00:07:04.957 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO                       

00:07:04.957 --> 00:07:05.224 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO                       

00:07:05.224 --> 00:07:05.491 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO                       

00:07:05.491 --> 00:07:05.758 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO S                     

00:07:05.758 --> 00:07:06.025 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO SAY,                  

00:07:06.025 --> 00:07:06.292 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO SAY,                  

00:07:06.292 --> 00:07:06.559 line:6% align:center
PART BY THE TAX REFORMS THAT, AS
I LIKE TO SAY, SUPERCHARGE      

00:07:06.559 --> 00:07:06.826 line:6% align:center
I LIKE TO SAY, SUPERCHARGED     

00:07:06.826 --> 00:07:07.093 line:6% align:center
I LIKE TO SAY, SUPERCHARGED     
CO                              

00:07:07.093 --> 00:07:07.360 line:6% align:center
I LIKE TO SAY, SUPERCHARGED     
CONSUMER SPENDING               

00:07:07.360 --> 00:07:07.627 line:6% align:center
I LIKE TO SAY, SUPERCHARGED     
CONSUMER SPENDING AS WELL AS A  

00:07:07.627 --> 00:07:07.894 line:6% align:center
CONSUMER SPENDING AS WELL AS A  

00:07:07.894 --> 00:07:08.161 line:6% align:center
CONSUMER SPENDING AS WELL AS A  
LOT OF                          

00:07:08.161 --> 00:07:08.428 line:6% align:center
CONSUMER SPENDING AS WELL AS A  
LOT OF S                        

00:07:08.428 --> 00:07:08.694 line:6% align:center
CONSUMER SPENDING AS WELL AS A  
LOT OF SPENDING                 

00:07:08.694 --> 00:07:08.961 line:6% align:center
CONSUMER SPENDING AS WELL AS A  
LOT OF SPENDING FROM            

00:07:08.961 --> 00:07:09.228 line:6% align:center
CONSUMER SPENDING AS WELL AS A  
LOT OF SPENDING FROM THE        

00:07:09.228 --> 00:07:09.495 line:6% align:center
LOT OF SPENDING FROM THE        

00:07:09.495 --> 00:07:09.762 line:6% align:center
LOT OF SPENDING FROM THE        
GOVERNMENT                      

00:07:09.762 --> 00:07:10.029 line:6% align:center
LOT OF SPENDING FROM THE        
GOVERNMENT                      

00:07:10.029 --> 00:07:10.296 line:6% align:center
LOT OF SPENDING FROM THE        
GOVERNMENT                      

00:07:10.296 --> 00:07:10.563 line:6% align:center
LOT OF SPENDING FROM THE        
GOVERNMENT                      

00:07:10.563 --> 00:07:10.830 line:6% align:center
LOT OF SPENDING FROM THE        
GOVERNMENT                      

00:07:10.830 --> 00:07:11.097 line:6% align:center
LOT OF SPENDING FROM THE        
GOVERNMENT                      

00:07:11.097 --> 00:07:11.364 line:6% align:center
LOT OF SPENDING FROM THE        
GOVERNMENT                      

00:07:11.364 --> 00:07:11.631 line:6% align:center
LOT OF SPENDING FROM THE        
GOVERNMENT SECTO                

00:07:11.631 --> 00:07:11.898 line:6% align:center
GOVERNMENT SECTOR.              
WE ARE                          

00:07:11.898 --> 00:07:12.165 line:6% align:center
GOVERNMENT SECTOR.              
WE ARE                          

00:07:12.165 --> 00:07:12.432 line:6% align:center
GOVERNMENT SECTOR.              
WE ARE S                        

00:07:12.432 --> 00:07:12.698 line:6% align:center
GOVERNMENT SECTOR.              
WE ARE STILL                    

00:07:12.698 --> 00:07:12.965 line:6% align:center
GOVERNMENT SECTOR.              
WE ARE STILL EXPECTING T        

00:07:12.965 --> 00:07:13.232 line:6% align:center
WE ARE STILL EXPECTING THAT THE 

00:07:13.232 --> 00:07:13.499 line:6% align:center
WE ARE STILL EXPECTING THAT THE 
ECONOM                          

00:07:13.499 --> 00:07:13.766 line:6% align:center
WE ARE STILL EXPECTING THAT THE 
ECONOMY IS                      

00:07:13.766 --> 00:07:14.033 line:6% align:center
WE ARE STILL EXPECTING THAT THE 
ECONOMY IS GOI                  

00:07:14.033 --> 00:07:14.300 line:6% align:center
WE ARE STILL EXPECTING THAT THE 
ECONOMY IS GOING TO S           

00:07:14.300 --> 00:07:14.567 line:6% align:center
WE ARE STILL EXPECTING THAT THE 
ECONOMY IS GOING TO SLOW        

00:07:14.567 --> 00:07:14.834 line:6% align:center
WE ARE STILL EXPECTING THAT THE 
ECONOMY IS GOING TO SLOW TO     

00:07:14.834 --> 00:07:15.101 line:6% align:center
WE ARE STILL EXPECTING THAT THE 
ECONOMY IS GOING TO SLOW TO A   

00:07:15.101 --> 00:07:15.368 line:6% align:center
ECONOMY IS GOING TO SLOW TO A   
MORE SUSTA                      

00:07:15.368 --> 00:07:15.635 line:6% align:center
ECONOMY IS GOING TO SLOW TO A   
MORE SUSTAINABLE PACE           

00:07:15.635 --> 00:07:15.902 line:6% align:center
ECONOMY IS GOING TO SLOW TO A   
MORE SUSTAINABLE PACE OVER THE  

00:07:15.902 --> 00:07:16.169 line:6% align:center
MORE SUSTAINABLE PACE OVER THE  
COUR                            

00:07:16.169 --> 00:07:16.436 line:6% align:center
MORE SUSTAINABLE PACE OVER THE  
COURSE OF THI                   

00:07:16.436 --> 00:07:16.702 line:6% align:center
MORE SUSTAINABLE PACE OVER THE  
COURSE OF THIS Y                

00:07:16.702 --> 00:07:16.969 line:6% align:center
MORE SUSTAINABLE PACE OVER THE  
COURSE OF THIS YEAR AND         

00:07:16.969 --> 00:07:17.236 line:6% align:center
MORE SUSTAINABLE PACE OVER THE  
COURSE OF THIS YEAR AND         

00:07:17.236 --> 00:07:17.503 line:6% align:center
MORE SUSTAINABLE PACE OVER THE  
COURSE OF THIS YEAR AND INTO    

00:07:17.503 --> 00:07:17.770 line:6% align:center
MORE SUSTAINABLE PACE OVER THE  
COURSE OF THIS YEAR AND INTO    

00:07:17.770 --> 00:07:18.037 line:6% align:center
COURSE OF THIS YEAR AND INTO    

00:07:18.037 --> 00:07:18.304 line:6% align:center
COURSE OF THIS YEAR AND INTO    

00:07:18.304 --> 00:07:18.571 line:6% align:center
COURSE OF THIS YEAR AND INTO    
NEXT YEA                        

00:07:18.571 --> 00:07:18.838 line:6% align:center
COURSE OF THIS YEAR AND INTO    
NEXT YEAR TO P                  

00:07:18.838 --> 00:07:19.105 line:6% align:center
COURSE OF THIS YEAR AND INTO    
NEXT YEAR TO PROBABLY C         

00:07:19.105 --> 00:07:19.372 line:6% align:center
COURSE OF THIS YEAR AND INTO    
NEXT YEAR TO PROBABLY CLOSE     

00:07:19.372 --> 00:07:19.639 line:6% align:center
COURSE OF THIS YEAR AND INTO    
NEXT YEAR TO PROBABLY CLOSE T   

00:07:19.639 --> 00:07:19.906 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  

00:07:19.906 --> 00:07:20.173 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:20.173 --> 00:07:20.440 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:20.440 --> 00:07:20.706 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:20.706 --> 00:07:20.973 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:20.973 --> 00:07:21.240 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:21.240 --> 00:07:21.507 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:21.507 --> 00:07:21.774 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:21.774 --> 00:07:22.041 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:22.041 --> 00:07:22.308 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:22.308 --> 00:07:22.575 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT                         

00:07:22.575 --> 00:07:22.842 line:6% align:center
NEXT YEAR TO PROBABLY CLOSE TO  
2% NEXT YEAR.                   

00:07:22.842 --> 00:07:23.109 line:6% align:center
2% NEXT YEAR.                   
WHAT THA                        

00:07:23.109 --> 00:07:23.376 line:6% align:center
2% NEXT YEAR.                   
WHAT THAT MEANS                 

00:07:23.376 --> 00:07:23.643 line:6% align:center
2% NEXT YEAR.                   
WHAT THAT MEANS FOR THE         

00:07:23.643 --> 00:07:23.910 line:6% align:center
2% NEXT YEAR.                   
WHAT THAT MEANS FOR THE         

00:07:23.910 --> 00:07:24.177 line:6% align:center
2% NEXT YEAR.                   
WHAT THAT MEANS FOR THE REST OF 

00:07:24.177 --> 00:07:24.444 line:6% align:center
2% NEXT YEAR.                   
WHAT THAT MEANS FOR THE REST OF 

00:07:24.444 --> 00:07:24.710 line:6% align:center
WHAT THAT MEANS FOR THE REST OF 

00:07:24.710 --> 00:07:24.977 line:6% align:center
WHAT THAT MEANS FOR THE REST OF 
THE WO                          

00:07:24.977 --> 00:07:25.244 line:6% align:center
WHAT THAT MEANS FOR THE REST OF 
THE WORLD IS, IF                

00:07:25.244 --> 00:07:25.511 line:6% align:center
WHAT THAT MEANS FOR THE REST OF 
THE WORLD IS, IF THE U.S        

00:07:25.511 --> 00:07:25.778 line:6% align:center
WHAT THAT MEANS FOR THE REST OF 
THE WORLD IS, IF THE U.S. I     

00:07:25.778 --> 00:07:26.045 line:6% align:center
THE WORLD IS, IF THE U.S. IS    

00:07:26.045 --> 00:07:26.312 line:6% align:center
THE WORLD IS, IF THE U.S. IS    
GROWIN                          

00:07:26.312 --> 00:07:26.579 line:6% align:center
THE WORLD IS, IF THE U.S. IS    
GROWING AT A SLOWER             

00:07:26.579 --> 00:07:26.846 line:6% align:center
THE WORLD IS, IF THE U.S. IS    
GROWING AT A SLOWER             

00:07:26.846 --> 00:07:27.113 line:6% align:center
THE WORLD IS, IF THE U.S. IS    
GROWING AT A SLOWER P           

00:07:27.113 --> 00:07:27.380 line:6% align:center
THE WORLD IS, IF THE U.S. IS    
GROWING AT A SLOWER PACE,       

00:07:27.380 --> 00:07:27.647 line:6% align:center
THE WORLD IS, IF THE U.S. IS    
GROWING AT A SLOWER PACE, THEN  

00:07:27.647 --> 00:07:27.914 line:6% align:center
GROWING AT A SLOWER PACE, THEN  
WE                              

00:07:27.914 --> 00:07:28.181 line:6% align:center
GROWING AT A SLOWER PACE, THEN  
WE SHOULD                       

00:07:28.181 --> 00:07:28.448 line:6% align:center
GROWING AT A SLOWER PACE, THEN  
WE SHOULD ALSO                  

00:07:28.448 --> 00:07:28.714 line:6% align:center
GROWING AT A SLOWER PACE, THEN  
WE SHOULD ALSO PROBABL          

00:07:28.714 --> 00:07:28.981 line:6% align:center
GROWING AT A SLOWER PACE, THEN  
WE SHOULD ALSO PROBABLY SEE     

00:07:28.981 --> 00:07:29.248 line:6% align:center
WE SHOULD ALSO PROBABLY SEE     

00:07:29.248 --> 00:07:29.515 line:6% align:center
WE SHOULD ALSO PROBABLY SEE     
SLOWER GROWTH                   

00:07:29.515 --> 00:07:29.782 line:6% align:center
WE SHOULD ALSO PROBABLY SEE     
SLOWER GROWTH                   

00:07:29.782 --> 00:07:30.049 line:6% align:center
WE SHOULD ALSO PROBABLY SEE     
SLOWER GROWTH ELSEW             

00:07:30.049 --> 00:07:30.316 line:6% align:center
SLOWER GROWTH ELSEWHERE.        
BU                              

00:07:30.316 --> 00:07:30.583 line:6% align:center
SLOWER GROWTH ELSEWHERE.        
BUT THERE AR                    

00:07:30.583 --> 00:07:30.850 line:6% align:center
SLOWER GROWTH ELSEWHERE.        
BUT THERE ARE A L               

00:07:30.850 --> 00:07:31.117 line:6% align:center
SLOWER GROWTH ELSEWHERE.        
BUT THERE ARE A LOT             

00:07:31.117 --> 00:07:31.384 line:6% align:center
SLOWER GROWTH ELSEWHERE.        
BUT THERE ARE A LOT OF          

00:07:31.384 --> 00:07:31.651 line:6% align:center
SLOWER GROWTH ELSEWHERE.        
BUT THERE ARE A LOT OF          

00:07:31.651 --> 00:07:31.918 line:6% align:center
SLOWER GROWTH ELSEWHERE.        
BUT THERE ARE A LOT OF          

00:07:31.918 --> 00:07:32.185 line:6% align:center
SLOWER GROWTH ELSEWHERE.        
BUT THERE ARE A LOT OF DOWNSIDE 

00:07:32.185 --> 00:07:32.452 line:6% align:center
BUT THERE ARE A LOT OF DOWNSIDE 

00:07:32.452 --> 00:07:32.718 line:6% align:center
BUT THERE ARE A LOT OF DOWNSIDE 
RISKS OU                        

00:07:32.718 --> 00:07:32.985 line:6% align:center
BUT THERE ARE A LOT OF DOWNSIDE 
RISKS OUTSIDE OF THE            

00:07:32.985 --> 00:07:33.252 line:6% align:center
BUT THERE ARE A LOT OF DOWNSIDE 
RISKS OUTSIDE OF THE            

00:07:33.252 --> 00:07:33.519 line:6% align:center
BUT THERE ARE A LOT OF DOWNSIDE 
RISKS OUTSIDE OF THE            

00:07:33.519 --> 00:07:33.786 line:6% align:center
BUT THERE ARE A LOT OF DOWNSIDE 
RISKS OUTSIDE OF THE U.S.,      

00:07:33.786 --> 00:07:34.053 line:6% align:center
BUT THERE ARE A LOT OF DOWNSIDE 
RISKS OUTSIDE OF THE U.S., IN   

00:07:34.053 --> 00:07:34.320 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PA                              

00:07:34.320 --> 00:07:34.587 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PARTICULAR                      

00:07:34.587 --> 00:07:34.854 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PARTICULAR                      

00:07:34.854 --> 00:07:35.121 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PARTICULAR                      

00:07:35.121 --> 00:07:35.388 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PARTICULAR CHINA I              

00:07:35.388 --> 00:07:35.655 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PARTICULAR CHINA IS             

00:07:35.655 --> 00:07:35.922 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PARTICULAR CHINA IS SLOWING     

00:07:35.922 --> 00:07:36.189 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PARTICULAR CHINA IS SLOWING AS A

00:07:36.189 --> 00:07:36.456 line:6% align:center
RISKS OUTSIDE OF THE U.S., IN   
PARTICULAR CHINA IS SLOWING AS A

00:07:36.456 --> 00:07:36.722 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFL                            

00:07:36.722 --> 00:07:36.989 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF                   

00:07:36.989 --> 00:07:37.256 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF                   

00:07:37.256 --> 00:07:37.523 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF ITS               

00:07:37.523 --> 00:07:37.790 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF ITS OWN           

00:07:37.790 --> 00:07:38.057 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF ITS OWN STRUC     

00:07:38.057 --> 00:07:38.324 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF ITS OWN STRUCTURAL

00:07:38.324 --> 00:07:38.591 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF ITS OWN STRUCTURAL

00:07:38.591 --> 00:07:38.858 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF ITS OWN STRUCTURAL

00:07:38.858 --> 00:07:39.125 line:6% align:center
PARTICULAR CHINA IS SLOWING AS A
REFLECTION OF ITS OWN STRUCTURAL

00:07:39.125 --> 00:07:39.392 line:6% align:center
REFLECTION OF ITS OWN STRUCTURAL
AD                              

00:07:39.392 --> 00:07:39.659 line:6% align:center
REFLECTION OF ITS OWN STRUCTURAL
ADJUSTMENT, AS WEL              

00:07:39.659 --> 00:07:39.926 line:6% align:center
REFLECTION OF ITS OWN STRUCTURAL
ADJUSTMENT, AS WELL AS          

00:07:39.926 --> 00:07:40.193 line:6% align:center
REFLECTION OF ITS OWN STRUCTURAL
ADJUSTMENT, AS WELL AS FROM THE 

00:07:40.193 --> 00:07:40.460 line:6% align:center
REFLECTION OF ITS OWN STRUCTURAL
ADJUSTMENT, AS WELL AS FROM THE 

00:07:40.460 --> 00:07:40.726 line:6% align:center
ADJUSTMENT, AS WELL AS FROM THE 
UNCERTAI                        

00:07:40.726 --> 00:07:40.993 line:6% align:center
ADJUSTMENT, AS WELL AS FROM THE 
UNCERTAINTY THAT'S B            

00:07:40.993 --> 00:07:41.260 line:6% align:center
ADJUSTMENT, AS WELL AS FROM THE 
UNCERTAINTY THAT'S BEEN         

00:07:41.260 --> 00:07:41.527 line:6% align:center
ADJUSTMENT, AS WELL AS FROM THE 
UNCERTAINTY THAT'S BEEN CREAT   

00:07:41.527 --> 00:07:41.794 line:6% align:center
UNCERTAINTY THAT'S BEEN CREATED 

00:07:41.794 --> 00:07:42.061 line:6% align:center
UNCERTAINTY THAT'S BEEN CREATED 

00:07:42.061 --> 00:07:42.328 line:6% align:center
UNCERTAINTY THAT'S BEEN CREATED 
AMON                            

00:07:42.328 --> 00:07:42.595 line:6% align:center
UNCERTAINTY THAT'S BEEN CREATED 
AMONG BUSINESSES A              

00:07:42.595 --> 00:07:42.862 line:6% align:center
UNCERTAINTY THAT'S BEEN CREATED 
AMONG BUSINESSES AND CONSUMERS  

00:07:42.862 --> 00:07:43.129 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  

00:07:43.129 --> 00:07:43.396 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  
WITH THE TRADE                  

00:07:43.396 --> 00:07:43.663 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  
WITH THE TRADE                  

00:07:43.663 --> 00:07:43.930 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  
WITH THE TRADE WARS             

00:07:43.930 --> 00:07:44.197 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  
WITH THE TRADE WARS T           

00:07:44.197 --> 00:07:44.464 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  
WITH THE TRADE WARS THAT        

00:07:44.464 --> 00:07:44.730 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  
WITH THE TRADE WARS THAT        

00:07:44.730 --> 00:07:44.997 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  
WITH THE TRADE WARS THAT HAVE   

00:07:44.997 --> 00:07:45.264 line:6% align:center
AMONG BUSINESSES AND CONSUMERS  
WITH THE TRADE WARS THAT HAVE   

00:07:45.264 --> 00:07:45.531 line:6% align:center
WITH THE TRADE WARS THAT HAVE   
REALLY                          

00:07:45.531 --> 00:07:45.798 line:6% align:center
WITH THE TRADE WARS THAT HAVE   
REALLY M                        

00:07:45.798 --> 00:07:46.065 line:6% align:center
WITH THE TRADE WARS THAT HAVE   
REALLY MATERIALLY               

00:07:46.065 --> 00:07:46.332 line:6% align:center
WITH THE TRADE WARS THAT HAVE   
REALLY MATERIALLY               

00:07:46.332 --> 00:07:46.599 line:6% align:center
WITH THE TRADE WARS THAT HAVE   
REALLY MATERIALLY               

00:07:46.599 --> 00:07:46.866 line:6% align:center
WITH THE TRADE WARS THAT HAVE   
REALLY MATERIALLY DEGRADE       

00:07:46.866 --> 00:07:47.133 line:6% align:center
REALLY MATERIALLY DEGRADED      
GROWTH                          

00:07:47.133 --> 00:07:47.400 line:6% align:center
REALLY MATERIALLY DEGRADED      
GROWTH IN CHINA                 

00:07:47.400 --> 00:07:47.667 line:6% align:center
GROWTH IN CHINA.                
AN                              

00:07:47.667 --> 00:07:47.934 line:6% align:center
GROWTH IN CHINA.                
AND THEN                        

00:07:47.934 --> 00:07:48.201 line:6% align:center
GROWTH IN CHINA.                
AND THEN YOU ALS                

00:07:48.201 --> 00:07:48.468 line:6% align:center
GROWTH IN CHINA.                
AND THEN YOU ALSO HAVE          

00:07:48.468 --> 00:07:48.734 line:6% align:center
GROWTH IN CHINA.                
AND THEN YOU ALSO HAVE WEAKN    

00:07:48.734 --> 00:07:49.001 line:6% align:center
AND THEN YOU ALSO HAVE WEAKNESS 

00:07:49.001 --> 00:07:49.268 line:6% align:center
AND THEN YOU ALSO HAVE WEAKNESS 

00:07:49.268 --> 00:07:49.535 line:6% align:center
AND THEN YOU ALSO HAVE WEAKNESS 
IN E                            

00:07:49.535 --> 00:07:49.802 line:6% align:center
AND THEN YOU ALSO HAVE WEAKNESS 
IN EUROPE,                      

00:07:49.802 --> 00:07:50.069 line:6% align:center
AND THEN YOU ALSO HAVE WEAKNESS 
IN EUROPE, AS YO                

00:07:50.069 --> 00:07:50.336 line:6% align:center
AND THEN YOU ALSO HAVE WEAKNESS 
IN EUROPE, AS YOU MENTION, AND  

00:07:50.336 --> 00:07:50.603 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  

00:07:50.603 --> 00:07:50.870 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  

00:07:50.870 --> 00:07:51.137 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
AL                              

00:07:51.137 --> 00:07:51.404 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN                         

00:07:51.404 --> 00:07:51.671 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME                    

00:07:51.671 --> 00:07:51.938 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF                 

00:07:51.938 --> 00:07:52.205 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF                 

00:07:52.205 --> 00:07:52.472 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF                 

00:07:52.472 --> 00:07:52.738 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF Y               

00:07:52.738 --> 00:07:53.005 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF YOUR DOLLAR BLO 

00:07:53.005 --> 00:07:53.272 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF YOUR DOLLAR BLOC

00:07:53.272 --> 00:07:53.539 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF YOUR DOLLAR BLOC

00:07:53.539 --> 00:07:53.806 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF YOUR DOLLAR BLOC

00:07:53.806 --> 00:07:54.073 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF YOUR DOLLAR BLOC

00:07:54.073 --> 00:07:54.340 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF YOUR DOLLAR BLOC

00:07:54.340 --> 00:07:54.607 line:6% align:center
IN EUROPE, AS YOU MENTION, AND  
ALSO IN SOME OF YOUR DOLLAR BLOC

00:07:54.607 --> 00:07:54.874 line:6% align:center
ALSO IN SOME OF YOUR DOLLAR BLOC
COUN                            

00:07:54.874 --> 00:07:55.141 line:6% align:center
ALSO IN SOME OF YOUR DOLLAR BLOC
COUNTRIES LIKE                  

00:07:55.141 --> 00:07:55.408 line:6% align:center
ALSO IN SOME OF YOUR DOLLAR BLOC
COUNTRIES LIKE CANAD            

00:07:55.408 --> 00:07:55.675 line:6% align:center
ALSO IN SOME OF YOUR DOLLAR BLOC
COUNTRIES LIKE CANADA.          

00:07:55.675 --> 00:07:55.942 line:6% align:center
COUNTRIES LIKE CANADA.          
SO WHEN W                       

00:07:55.942 --> 00:07:56.209 line:6% align:center
COUNTRIES LIKE CANADA.          
SO WHEN WE LOOK                 

00:07:56.209 --> 00:07:56.476 line:6% align:center
COUNTRIES LIKE CANADA.          
SO WHEN WE LOOK AT ALL OF       

00:07:56.476 --> 00:07:56.742 line:6% align:center
COUNTRIES LIKE CANADA.          
SO WHEN WE LOOK AT ALL OF       

00:07:56.742 --> 00:07:57.009 line:6% align:center
COUNTRIES LIKE CANADA.          
SO WHEN WE LOOK AT ALL OF       

00:07:57.009 --> 00:07:57.276 line:6% align:center
COUNTRIES LIKE CANADA.          
SO WHEN WE LOOK AT ALL OF       

00:07:57.276 --> 00:07:57.543 line:6% align:center
COUNTRIES LIKE CANADA.          
SO WHEN WE LOOK AT ALL OF THIS, 

00:07:57.543 --> 00:07:57.810 line:6% align:center
SO WHEN WE LOOK AT ALL OF THIS, 
IT S                            

00:07:57.810 --> 00:07:58.077 line:6% align:center
SO WHEN WE LOOK AT ALL OF THIS, 
IT STILL SUGGE                  

00:07:58.077 --> 00:07:58.344 line:6% align:center
SO WHEN WE LOOK AT ALL OF THIS, 
IT STILL SUGGESTS THAT          

00:07:58.344 --> 00:07:58.611 line:6% align:center
SO WHEN WE LOOK AT ALL OF THIS, 
IT STILL SUGGESTS THAT THE      

00:07:58.611 --> 00:07:58.878 line:6% align:center
SO WHEN WE LOOK AT ALL OF THIS, 
IT STILL SUGGESTS THAT THE U    

00:07:58.878 --> 00:07:59.145 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 

00:07:59.145 --> 00:07:59.412 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 
IS STILL                        

00:07:59.412 --> 00:07:59.679 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 
IS STILL AN                     

00:07:59.679 --> 00:07:59.946 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 
IS STILL AN                     

00:07:59.946 --> 00:08:00.213 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 
IS STILL AN                     

00:08:00.213 --> 00:08:00.480 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 
IS STILL AN                     

00:08:00.480 --> 00:08:00.746 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 
IS STILL AN                     

00:08:00.746 --> 00:08:01.013 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 
IS STILL AN OUT                 

00:08:01.013 --> 00:08:01.280 line:6% align:center
IT STILL SUGGESTS THAT THE U.S. 
IS STILL AN OUTPERFORMER A      

00:08:01.280 --> 00:08:01.547 line:6% align:center
IS STILL AN OUTPERFORMER AMONG  

00:08:01.547 --> 00:08:01.814 line:6% align:center
IS STILL AN OUTPERFORMER AMONG  
MANY OF                         

00:08:01.814 --> 00:08:02.081 line:6% align:center
IS STILL AN OUTPERFORMER AMONG  
MANY OF THE                     

00:08:02.081 --> 00:08:02.348 line:6% align:center
IS STILL AN OUTPERFORMER AMONG  
MANY OF THE ECONOMIES           

00:08:02.348 --> 00:08:02.615 line:6% align:center
IS STILL AN OUTPERFORMER AMONG  
MANY OF THE ECONOMIES AROUND    

00:08:02.615 --> 00:08:02.882 line:6% align:center
MANY OF THE ECONOMIES AROUND THE

00:08:02.882 --> 00:08:03.149 line:6% align:center
MANY OF THE ECONOMIES AROUND THE
GLOBE BE                        

00:08:03.149 --> 00:08:03.416 line:6% align:center
MANY OF THE ECONOMIES AROUND THE
GLOBE BECAUSE THE               

00:08:03.416 --> 00:08:03.683 line:6% align:center
MANY OF THE ECONOMIES AROUND THE
GLOBE BECAUSE THE U             

00:08:03.683 --> 00:08:03.950 line:6% align:center
MANY OF THE ECONOMIES AROUND THE
GLOBE BECAUSE THE U.S. I        

00:08:03.950 --> 00:08:04.217 line:6% align:center
MANY OF THE ECONOMIES AROUND THE
GLOBE BECAUSE THE U.S. IS       

00:08:04.217 --> 00:08:04.484 line:6% align:center
MANY OF THE ECONOMIES AROUND THE
GLOBE BECAUSE THE U.S. IS N     

00:08:04.484 --> 00:08:04.750 line:6% align:center
MANY OF THE ECONOMIES AROUND THE
GLOBE BECAUSE THE U.S. IS NOT   

00:08:04.750 --> 00:08:05.017 line:6% align:center
MANY OF THE ECONOMIES AROUND THE
GLOBE BECAUSE THE U.S. IS NOT   

00:08:05.017 --> 00:08:05.284 line:6% align:center
GLOBE BECAUSE THE U.S. IS NOT   
SUFF                            

00:08:05.284 --> 00:08:05.551 line:6% align:center
GLOBE BECAUSE THE U.S. IS NOT   
SUFFERING FROM                  

00:08:05.551 --> 00:08:05.818 line:6% align:center
GLOBE BECAUSE THE U.S. IS NOT   
SUFFERING FROM                  

00:08:05.818 --> 00:08:06.085 line:6% align:center
GLOBE BECAUSE THE U.S. IS NOT   
SUFFERING FROM ANYTHING         

00:08:06.085 --> 00:08:06.352 line:6% align:center
GLOBE BECAUSE THE U.S. IS NOT   
SUFFERING FROM ANYTHING         

00:08:06.352 --> 00:08:06.619 line:6% align:center
GLOBE BECAUSE THE U.S. IS NOT   
SUFFERING FROM ANYTHING         

00:08:06.619 --> 00:08:06.886 line:6% align:center
SUFFERING FROM ANYTHING         
ST                              

00:08:06.886 --> 00:08:07.153 line:6% align:center
SUFFERING FROM ANYTHING         
STRUCTURALLY WEAK,              

00:08:07.153 --> 00:08:07.420 line:6% align:center
SUFFERING FROM ANYTHING         
STRUCTURALLY WEAK, WHEREAS WE   

00:08:07.420 --> 00:08:07.687 line:6% align:center
SUFFERING FROM ANYTHING         
STRUCTURALLY WEAK, WHEREAS WE DO

00:08:07.687 --> 00:08:07.954 line:6% align:center
STRUCTURALLY WEAK, WHEREAS WE DO
SEE TH                          

00:08:07.954 --> 00:08:08.221 line:6% align:center
STRUCTURALLY WEAK, WHEREAS WE DO
SEE THAT IN                     

00:08:08.221 --> 00:08:08.488 line:6% align:center
STRUCTURALLY WEAK, WHEREAS WE DO
SEE THAT IN SOME                

00:08:08.488 --> 00:08:08.754 line:6% align:center
STRUCTURALLY WEAK, WHEREAS WE DO
SEE THAT IN SOME OF             

00:08:08.754 --> 00:08:09.021 line:6% align:center
STRUCTURALLY WEAK, WHEREAS WE DO
SEE THAT IN SOME OF THESE OTHER 

00:08:09.021 --> 00:08:09.288 line:6% align:center
STRUCTURALLY WEAK, WHEREAS WE DO
SEE THAT IN SOME OF THESE OTHER 

00:08:09.288 --> 00:08:09.555 line:6% align:center
SEE THAT IN SOME OF THESE OTHER 
ECONOMIE                        

00:08:09.555 --> 00:08:09.822 line:6% align:center
ECONOMIES.                      
>> Cathe                        

00:08:09.822 --> 00:08:10.089 line:6% align:center
ECONOMIES.                      
>> Catherine:                   

00:08:10.089 --> 00:08:10.356 line:6% align:center
ECONOMIES.                      
>> Catherine:                   

00:08:10.356 --> 00:08:10.623 line:6% align:center
ECONOMIES.                      
>> Catherine:                   

00:08:10.623 --> 00:08:10.890 line:6% align:center
ECONOMIES.                      
>> Catherine: UNDER             

00:08:10.890 --> 00:08:11.157 line:6% align:center
>> Catherine: UNDERSTOOD.       
WH                              

00:08:11.157 --> 00:08:11.424 line:6% align:center
>> Catherine: UNDERSTOOD.       
WHAT DOES THA                   

00:08:11.424 --> 00:08:11.691 line:6% align:center
>> Catherine: UNDERSTOOD.       
WHAT DOES THAT MEAN IN          

00:08:11.691 --> 00:08:11.958 line:6% align:center
>> Catherine: UNDERSTOOD.       
WHAT DOES THAT MEAN IN TER      

00:08:11.958 --> 00:08:12.225 line:6% align:center
>> Catherine: UNDERSTOOD.       
WHAT DOES THAT MEAN IN TERMS OF 

00:08:12.225 --> 00:08:12.492 line:6% align:center
WHAT DOES THAT MEAN IN TERMS OF 

00:08:12.492 --> 00:08:12.758 line:6% align:center
WHAT DOES THAT MEAN IN TERMS OF 

00:08:12.758 --> 00:08:13.025 line:6% align:center
WHAT DOES THAT MEAN IN TERMS OF 
YOUR                            

00:08:13.025 --> 00:08:13.292 line:6% align:center
YOUR OUTLOOK?                   

00:08:13.292 --> 00:08:13.559 line:6% align:center
YOUR OUTLOOK?                   
DO YOU THINK THA                

00:08:13.559 --> 00:08:13.826 line:6% align:center
YOUR OUTLOOK?                   
DO YOU THINK THAT               

00:08:13.826 --> 00:08:14.093 line:6% align:center
YOUR OUTLOOK?                   
DO YOU THINK THAT               

00:08:14.093 --> 00:08:14.360 line:6% align:center
YOUR OUTLOOK?                   
DO YOU THINK THAT               

00:08:14.360 --> 00:08:14.627 line:6% align:center
YOUR OUTLOOK?                   
DO YOU THINK THAT WE'LL         

00:08:14.627 --> 00:08:14.894 line:6% align:center
YOUR OUTLOOK?                   
DO YOU THINK THAT WE'LL         

00:08:14.894 --> 00:08:15.161 line:6% align:center
YOUR OUTLOOK?                   
DO YOU THINK THAT WE'LL SEE     

00:08:15.161 --> 00:08:15.428 line:6% align:center
DO YOU THINK THAT WE'LL SEE     

00:08:15.428 --> 00:08:15.695 line:6% align:center
DO YOU THINK THAT WE'LL SEE     
CONTINUED                       

00:08:15.695 --> 00:08:15.962 line:6% align:center
DO YOU THINK THAT WE'LL SEE     
CONTINUED                       

00:08:15.962 --> 00:08:16.229 line:6% align:center
DO YOU THINK THAT WE'LL SEE     
CONTINUED DOWNTICKS AS          

00:08:16.229 --> 00:08:16.496 line:6% align:center
DO YOU THINK THAT WE'LL SEE     
CONTINUED DOWNTICKS AS IT       

00:08:16.496 --> 00:08:16.762 line:6% align:center
DO YOU THINK THAT WE'LL SEE     
CONTINUED DOWNTICKS AS IT       

00:08:16.762 --> 00:08:17.029 line:6% align:center
CONTINUED DOWNTICKS AS IT       
RELATES                         

00:08:17.029 --> 00:08:17.296 line:6% align:center
CONTINUED DOWNTICKS AS IT       
RELATES TO                      

00:08:17.296 --> 00:08:17.563 line:6% align:center
CONTINUED DOWNTICKS AS IT       
RELATES TO ECO                  

00:08:17.563 --> 00:08:17.830 line:6% align:center
CONTINUED DOWNTICKS AS IT       
RELATES TO ECONOMIC DAT         

00:08:17.830 --> 00:08:18.097 line:6% align:center
CONTINUED DOWNTICKS AS IT       
RELATES TO ECONOMIC DATA        

00:08:18.097 --> 00:08:18.364 line:6% align:center
CONTINUED DOWNTICKS AS IT       
RELATES TO ECONOMIC DATA FOR    

00:08:18.364 --> 00:08:18.631 line:6% align:center
RELATES TO ECONOMIC DATA FOR    
EUROPE AS WE                    

00:08:18.631 --> 00:08:18.898 line:6% align:center
RELATES TO ECONOMIC DATA FOR    
EUROPE AS WELL AS CANAD         

00:08:18.898 --> 00:08:19.165 line:6% align:center
RELATES TO ECONOMIC DATA FOR    
EUROPE AS WELL AS CANADA        

00:08:19.165 --> 00:08:19.432 line:6% align:center
RELATES TO ECONOMIC DATA FOR    
EUROPE AS WELL AS CANADA A      

00:08:19.432 --> 00:08:19.699 line:6% align:center
RELATES TO ECONOMIC DATA FOR    
EUROPE AS WELL AS CANADA AND    

00:08:19.699 --> 00:08:19.966 line:6% align:center
EUROPE AS WELL AS CANADA AND    

00:08:19.966 --> 00:08:20.233 line:6% align:center
EUROPE AS WELL AS CANADA AND    
EVEN C                          

00:08:20.233 --> 00:08:20.500 line:6% align:center
EVEN CHINA?                     

00:08:20.500 --> 00:08:20.766 line:6% align:center
EVEN CHINA?                     
OR WILL                         

00:08:20.766 --> 00:08:21.033 line:6% align:center
EVEN CHINA?                     
OR WILL SOME OF                 

00:08:21.033 --> 00:08:21.300 line:6% align:center
EVEN CHINA?                     
OR WILL SOME OF THE             

00:08:21.300 --> 00:08:21.567 line:6% align:center
EVEN CHINA?                     
OR WILL SOME OF THE             

00:08:21.567 --> 00:08:21.834 line:6% align:center
EVEN CHINA?                     
OR WILL SOME OF THE             

00:08:21.834 --> 00:08:22.101 line:6% align:center
EVEN CHINA?                     
OR WILL SOME OF THE S           

00:08:22.101 --> 00:08:22.368 line:6% align:center
OR WILL SOME OF THE STIMULUS    

00:08:22.368 --> 00:08:22.635 line:6% align:center
OR WILL SOME OF THE STIMULUS    
THAT'S BEEN                     

00:08:22.635 --> 00:08:22.902 line:6% align:center
OR WILL SOME OF THE STIMULUS    
THAT'S BEEN PUT I               

00:08:22.902 --> 00:08:23.169 line:6% align:center
OR WILL SOME OF THE STIMULUS    
THAT'S BEEN PUT IN PLACE        

00:08:23.169 --> 00:08:23.436 line:6% align:center
OR WILL SOME OF THE STIMULUS    
THAT'S BEEN PUT IN PLACE IN     

00:08:23.436 --> 00:08:23.703 line:6% align:center
OR WILL SOME OF THE STIMULUS    
THAT'S BEEN PUT IN PLACE IN     

00:08:23.703 --> 00:08:23.970 line:6% align:center
OR WILL SOME OF THE STIMULUS    
THAT'S BEEN PUT IN PLACE IN     

00:08:23.970 --> 00:08:24.237 line:6% align:center
OR WILL SOME OF THE STIMULUS    
THAT'S BEEN PUT IN PLACE IN     

00:08:24.237 --> 00:08:24.504 line:6% align:center
THAT'S BEEN PUT IN PLACE IN     

00:08:24.504 --> 00:08:24.770 line:6% align:center
THAT'S BEEN PUT IN PLACE IN     
EUROPE AS                       

00:08:24.770 --> 00:08:25.037 line:6% align:center
THAT'S BEEN PUT IN PLACE IN     
EUROPE AS WELL AS CHINA -       

00:08:25.037 --> 00:08:25.304 line:6% align:center
EUROPE AS WELL AS CHINA --      
CANADA                          

00:08:25.304 --> 00:08:25.571 line:6% align:center
EUROPE AS WELL AS CHINA --      
CANADA WE'                      

00:08:25.571 --> 00:08:25.838 line:6% align:center
EUROPE AS WELL AS CHINA --      
CANADA WE'RE STILL              

00:08:25.838 --> 00:08:26.105 line:6% align:center
EUROPE AS WELL AS CHINA --      
CANADA WE'RE STILL WAITING      

00:08:26.105 --> 00:08:26.372 line:6% align:center
EUROPE AS WELL AS CHINA --      
CANADA WE'RE STILL WAITING MAYBE

00:08:26.372 --> 00:08:26.639 line:6% align:center
CANADA WE'RE STILL WAITING MAYBE
A                               

00:08:26.639 --> 00:08:26.906 line:6% align:center
CANADA WE'RE STILL WAITING MAYBE
A L                             

00:08:26.906 --> 00:08:27.173 line:6% align:center
CANADA WE'RE STILL WAITING MAYBE
A LITTLE                        

00:08:27.173 --> 00:08:27.440 line:6% align:center
CANADA WE'RE STILL WAITING MAYBE
A LITTLE                        

00:08:27.440 --> 00:08:27.707 line:6% align:center
CANADA WE'RE STILL WAITING MAYBE
A LITTLE B                      

00:08:27.707 --> 00:08:27.974 line:6% align:center
CANADA WE'RE STILL WAITING MAYBE
A LITTLE BIT -- WILL THAT       

00:08:27.974 --> 00:08:28.241 line:6% align:center
A LITTLE BIT -- WILL THAT TAKE  

00:08:28.241 --> 00:08:28.508 line:6% align:center
A LITTLE BIT -- WILL THAT TAKE  
HOLD AND                        

00:08:28.508 --> 00:08:28.774 line:6% align:center
A LITTLE BIT -- WILL THAT TAKE  
HOLD AND                        

00:08:28.774 --> 00:08:29.041 line:6% align:center
A LITTLE BIT -- WILL THAT TAKE  
HOLD AND WE'LL SEE              

00:08:29.041 --> 00:08:29.308 line:6% align:center
A LITTLE BIT -- WILL THAT TAKE  
HOLD AND WE'LL SEE              

00:08:29.308 --> 00:08:29.575 line:6% align:center
A LITTLE BIT -- WILL THAT TAKE  
HOLD AND WE'LL SEE THOSE        

00:08:29.575 --> 00:08:29.842 line:6% align:center
A LITTLE BIT -- WILL THAT TAKE  
HOLD AND WE'LL SEE THOSE        

00:08:29.842 --> 00:08:30.109 line:6% align:center
HOLD AND WE'LL SEE THOSE        
ECONOM                          

00:08:30.109 --> 00:08:30.376 line:6% align:center
HOLD AND WE'LL SEE THOSE        
ECONOMIES GROW A                

00:08:30.376 --> 00:08:30.643 line:6% align:center
HOLD AND WE'LL SEE THOSE        
ECONOMIES GROW A LITTLE B       

00:08:30.643 --> 00:08:30.910 line:6% align:center
HOLD AND WE'LL SEE THOSE        
ECONOMIES GROW A LITTLE BIT     

00:08:30.910 --> 00:08:31.177 line:6% align:center
ECONOMIES GROW A LITTLE BIT     
BETTER THAN                     

00:08:31.177 --> 00:08:31.444 line:6% align:center
ECONOMIES GROW A LITTLE BIT     
BETTER THAN WHAT                

00:08:31.444 --> 00:08:31.711 line:6% align:center
ECONOMIES GROW A LITTLE BIT     
BETTER THAN WHAT W              

00:08:31.711 --> 00:08:31.978 line:6% align:center
ECONOMIES GROW A LITTLE BIT     
BETTER THAN WHAT WE'RE SEEIN    

00:08:31.978 --> 00:08:32.245 line:6% align:center
BETTER THAN WHAT WE'RE SEEING   

00:08:32.245 --> 00:08:32.512 line:6% align:center
BETTER THAN WHAT WE'RE SEEING   

00:08:32.512 --> 00:08:32.778 line:6% align:center
BETTER THAN WHAT WE'RE SEEING   

00:08:32.778 --> 00:08:33.045 line:6% align:center
BETTER THAN WHAT WE'RE SEEING   
RIGHT NOW?                      

00:08:33.045 --> 00:08:33.312 line:6% align:center
BETTER THAN WHAT WE'RE SEEING   
RIGHT NOW?                      

00:08:33.312 --> 00:08:33.579 line:6% align:center
BETTER THAN WHAT WE'RE SEEING   
RIGHT NOW?                      

00:08:33.579 --> 00:08:33.846 line:6% align:center
RIGHT NOW?                      

00:08:33.846 --> 00:08:34.113 line:6% align:center
RIGHT NOW?                      
>>                              

00:08:34.113 --> 00:08:34.380 line:6% align:center
>> SURE.                        

00:08:34.380 --> 00:08:34.647 line:6% align:center
>> SURE.                        
CERTAINLY I                     

00:08:34.647 --> 00:08:34.914 line:6% align:center
>> SURE.                        
CERTAINLY I THINK               

00:08:34.914 --> 00:08:35.181 line:6% align:center
>> SURE.                        
CERTAINLY I THINK WITH RESPECT  

00:08:35.181 --> 00:08:35.448 line:6% align:center
CERTAINLY I THINK WITH RESPECT  

00:08:35.448 --> 00:08:35.715 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE,                      

00:08:35.715 --> 00:08:35.982 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE,                      

00:08:35.982 --> 00:08:36.249 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU                  

00:08:36.249 --> 00:08:36.516 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU                  

00:08:36.516 --> 00:08:36.782 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU                  

00:08:36.782 --> 00:08:37.049 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY              

00:08:37.049 --> 00:08:37.316 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY SEE          

00:08:37.316 --> 00:08:37.583 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY SEE CONTINU  

00:08:37.583 --> 00:08:37.850 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY SEE CONTINUED

00:08:37.850 --> 00:08:38.117 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY SEE CONTINUED

00:08:38.117 --> 00:08:38.384 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY SEE CONTINUED

00:08:38.384 --> 00:08:38.651 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY SEE CONTINUED

00:08:38.651 --> 00:08:38.918 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY SEE CONTINUED

00:08:38.918 --> 00:08:39.185 line:6% align:center
CERTAINLY I THINK WITH RESPECT  
TO EUROPE, YOU MAY SEE CONTINUED

00:08:39.185 --> 00:08:39.452 line:6% align:center
TO EUROPE, YOU MAY SEE CONTINUED

00:08:39.452 --> 00:08:39.719 line:6% align:center
TO EUROPE, YOU MAY SEE CONTINUED
DOWNGRADES IN                   

00:08:39.719 --> 00:08:39.986 line:6% align:center
TO EUROPE, YOU MAY SEE CONTINUED
DOWNGRADES IN GROWTH            

00:08:39.986 --> 00:08:40.253 line:6% align:center
TO EUROPE, YOU MAY SEE CONTINUED
DOWNGRADES IN GROWTH FOREC      

00:08:40.253 --> 00:08:40.520 line:6% align:center
DOWNGRADES IN GROWTH FORECASTS. 
WITH                            

00:08:40.520 --> 00:08:40.786 line:6% align:center
DOWNGRADES IN GROWTH FORECASTS. 
WITH RESPECT TO                 

00:08:40.786 --> 00:08:41.053 line:6% align:center
DOWNGRADES IN GROWTH FORECASTS. 
WITH RESPECT TO CHINA, I        

00:08:41.053 --> 00:08:41.320 line:6% align:center
DOWNGRADES IN GROWTH FORECASTS. 
WITH RESPECT TO CHINA, I        

00:08:41.320 --> 00:08:41.587 line:6% align:center
DOWNGRADES IN GROWTH FORECASTS. 
WITH RESPECT TO CHINA, I KNOW   

00:08:41.587 --> 00:08:41.854 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT                            

00:08:41.854 --> 00:08:42.121 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT WE                         

00:08:42.121 --> 00:08:42.388 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT WE                         

00:08:42.388 --> 00:08:42.655 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT WE IN-                     

00:08:42.655 --> 00:08:42.922 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT WE IN-HOUSE HAVE           

00:08:42.922 --> 00:08:43.189 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT WE IN-HOUSE HAVE           

00:08:43.189 --> 00:08:43.456 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT WE IN-HOUSE HAVE           

00:08:43.456 --> 00:08:43.723 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT WE IN-HOUSE HAVE L         

00:08:43.723 --> 00:08:43.990 line:6% align:center
WITH RESPECT TO CHINA, I KNOW   
THAT WE IN-HOUSE HAVE LOWERED   

00:08:43.990 --> 00:08:44.257 line:6% align:center
THAT WE IN-HOUSE HAVE LOWERED   
OU                              

00:08:44.257 --> 00:08:44.524 line:6% align:center
THAT WE IN-HOUSE HAVE LOWERED   
OUR GROWT                       

00:08:44.524 --> 00:08:44.790 line:6% align:center
THAT WE IN-HOUSE HAVE LOWERED   
OUR GROWTH RATES                

00:08:44.790 --> 00:08:45.057 line:6% align:center
THAT WE IN-HOUSE HAVE LOWERED   
OUR GROWTH RATES QUITE          

00:08:45.057 --> 00:08:45.324 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTA                          

00:08:45.324 --> 00:08:45.591 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY A                 

00:08:45.591 --> 00:08:45.858 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY,          

00:08:45.858 --> 00:08:46.125 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY,          

00:08:46.125 --> 00:08:46.392 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY,          

00:08:46.392 --> 00:08:46.659 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY,          

00:08:46.659 --> 00:08:46.926 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY, AND W    

00:08:46.926 --> 00:08:47.193 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY, AND WE DO

00:08:47.193 --> 00:08:47.460 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY, AND WE DO

00:08:47.460 --> 00:08:47.727 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY, AND WE DO

00:08:47.727 --> 00:08:47.994 line:6% align:center
OUR GROWTH RATES QUITE          
SUBSTANTIALLY ALREADY, AND WE DO

00:08:47.994 --> 00:08:48.261 line:6% align:center
SUBSTANTIALLY ALREADY, AND WE DO
ANTICI                          

00:08:48.261 --> 00:08:48.528 line:6% align:center
SUBSTANTIALLY ALREADY, AND WE DO
ANTICIPATE THAT                 

00:08:48.528 --> 00:08:48.794 line:6% align:center
SUBSTANTIALLY ALREADY, AND WE DO
ANTICIPATE THAT THERE W         

00:08:48.794 --> 00:08:49.061 line:6% align:center
SUBSTANTIALLY ALREADY, AND WE DO
ANTICIPATE THAT THERE WILL      

00:08:49.061 --> 00:08:49.328 line:6% align:center
SUBSTANTIALLY ALREADY, AND WE DO
ANTICIPATE THAT THERE WILL      

00:08:49.328 --> 00:08:49.595 line:6% align:center
SUBSTANTIALLY ALREADY, AND WE DO
ANTICIPATE THAT THERE WILL B    

00:08:49.595 --> 00:08:49.862 line:6% align:center
SUBSTANTIALLY ALREADY, AND WE DO
ANTICIPATE THAT THERE WILL BE   

00:08:49.862 --> 00:08:50.129 line:6% align:center
ANTICIPATE THAT THERE WILL BE   

00:08:50.129 --> 00:08:50.396 line:6% align:center
ANTICIPATE THAT THERE WILL BE   
SO                              

00:08:50.396 --> 00:08:50.663 line:6% align:center
ANTICIPATE THAT THERE WILL BE   
SOME STABILIZATION              

00:08:50.663 --> 00:08:50.930 line:6% align:center
ANTICIPATE THAT THERE WILL BE   
SOME STABILIZATION FROM THE     

00:08:50.930 --> 00:08:51.197 line:6% align:center
ANTICIPATE THAT THERE WILL BE   
SOME STABILIZATION FROM THE     

00:08:51.197 --> 00:08:51.464 line:6% align:center
SOME STABILIZATION FROM THE     

00:08:51.464 --> 00:08:51.731 line:6% align:center
SOME STABILIZATION FROM THE     
SIGNIFICANT AM                  

00:08:51.731 --> 00:08:51.998 line:6% align:center
SOME STABILIZATION FROM THE     
SIGNIFICANT AMOUNT OF FISCA     

00:08:51.998 --> 00:08:52.265 line:6% align:center
SOME STABILIZATION FROM THE     
SIGNIFICANT AMOUNT OF FISCAL    

00:08:52.265 --> 00:08:52.532 line:6% align:center
SIGNIFICANT AMOUNT OF FISCAL    
ST                              

00:08:52.532 --> 00:08:52.798 line:6% align:center
SIGNIFICANT AMOUNT OF FISCAL    
STIMULUS BEING                  

00:08:52.798 --> 00:08:53.065 line:6% align:center
SIGNIFICANT AMOUNT OF FISCAL    
STIMULUS BEING                  

00:08:53.065 --> 00:08:53.332 line:6% align:center
SIGNIFICANT AMOUNT OF FISCAL    
STIMULUS BEING DEPLOYED I       

00:08:53.332 --> 00:08:53.599 line:6% align:center
SIGNIFICANT AMOUNT OF FISCAL    
STIMULUS BEING DEPLOYED IN CHINA

00:08:53.599 --> 00:08:53.866 line:6% align:center
STIMULUS BEING DEPLOYED IN CHINA
AS WELL                         

00:08:53.866 --> 00:08:54.133 line:6% align:center
STIMULUS BEING DEPLOYED IN CHINA
AS WELL AS                      

00:08:54.133 --> 00:08:54.400 line:6% align:center
STIMULUS BEING DEPLOYED IN CHINA
AS WELL AS                      

00:08:54.400 --> 00:08:54.667 line:6% align:center
STIMULUS BEING DEPLOYED IN CHINA
AS WELL AS                      

00:08:54.667 --> 00:08:54.934 line:6% align:center
STIMULUS BEING DEPLOYED IN CHINA
AS WELL AS ADJUS                

00:08:54.934 --> 00:08:55.201 line:6% align:center
STIMULUS BEING DEPLOYED IN CHINA
AS WELL AS ADJUSTMENTS          

00:08:55.201 --> 00:08:55.468 line:6% align:center
STIMULUS BEING DEPLOYED IN CHINA
AS WELL AS ADJUSTMENTS TO       

00:08:55.468 --> 00:08:55.735 line:6% align:center
STIMULUS BEING DEPLOYED IN CHINA
AS WELL AS ADJUSTMENTS TO ITS   

00:08:55.735 --> 00:08:56.002 line:6% align:center
AS WELL AS ADJUSTMENTS TO ITS   
RE                              

00:08:56.002 --> 00:08:56.269 line:6% align:center
AS WELL AS ADJUSTMENTS TO ITS   
REQUIRED RESERVE                

00:08:56.269 --> 00:08:56.536 line:6% align:center
AS WELL AS ADJUSTMENTS TO ITS   
REQUIRED RESERVE                

00:08:56.536 --> 00:08:56.802 line:6% align:center
AS WELL AS ADJUSTMENTS TO ITS   
REQUIRED RESERVE RAT            

00:08:56.802 --> 00:08:57.069 line:6% align:center
AS WELL AS ADJUSTMENTS TO ITS   
REQUIRED RESERVE RATIO.         

00:08:57.069 --> 00:08:57.336 line:6% align:center
REQUIRED RESERVE RATIO.         
NOT MUCH                        

00:08:57.336 --> 00:08:57.603 line:6% align:center
REQUIRED RESERVE RATIO.         
NOT MUCH IN TER                 

00:08:57.603 --> 00:08:57.870 line:6% align:center
REQUIRED RESERVE RATIO.         
NOT MUCH IN TERMS               

00:08:57.870 --> 00:08:58.137 line:6% align:center
REQUIRED RESERVE RATIO.         
NOT MUCH IN TERMS OF            

00:08:58.137 --> 00:08:58.404 line:6% align:center
REQUIRED RESERVE RATIO.         
NOT MUCH IN TERMS OF            

00:08:58.404 --> 00:08:58.671 line:6% align:center
REQUIRED RESERVE RATIO.         
NOT MUCH IN TERMS OF MONET      

00:08:58.671 --> 00:08:58.938 line:6% align:center
NOT MUCH IN TERMS OF MONETARY   
POLICY                          

00:08:58.938 --> 00:08:59.205 line:6% align:center
NOT MUCH IN TERMS OF MONETARY   
POLICY IN                       

00:08:59.205 --> 00:08:59.472 line:6% align:center
NOT MUCH IN TERMS OF MONETARY   
POLICY IN CHINA BECAU           

00:08:59.472 --> 00:08:59.739 line:6% align:center
NOT MUCH IN TERMS OF MONETARY   
POLICY IN CHINA BECAUSE THEY    

00:08:59.739 --> 00:09:00.006 line:6% align:center
NOT MUCH IN TERMS OF MONETARY   
POLICY IN CHINA BECAUSE THEY ARE

00:09:00.006 --> 00:09:00.273 line:6% align:center
POLICY IN CHINA BECAUSE THEY ARE

00:09:00.273 --> 00:09:00.540 line:6% align:center
POLICY IN CHINA BECAUSE THEY ARE

00:09:00.540 --> 00:09:00.806 line:6% align:center
POLICY IN CHINA BECAUSE THEY ARE
CONCERNED ABOU                  

00:09:00.806 --> 00:09:01.073 line:6% align:center
CONCERNED ABOUT FINANCIAL       

00:09:01.073 --> 00:09:01.340 line:6% align:center
CONCERNED ABOUT FINANCIAL       

00:09:01.340 --> 00:09:01.607 line:6% align:center
CONCERNED ABOUT FINANCIAL       
STABILITY RI                    

00:09:01.607 --> 00:09:01.874 line:6% align:center
STABILITY RISKS.                

00:09:01.874 --> 00:09:02.141 line:6% align:center
STABILITY RISKS.                

00:09:02.141 --> 00:09:02.408 line:6% align:center
STABILITY RISKS.                
BUT NONETHEL                    

00:09:02.408 --> 00:09:02.675 line:6% align:center
STABILITY RISKS.                
BUT NONETHELESS, WE D           

00:09:02.675 --> 00:09:02.942 line:6% align:center
STABILITY RISKS.                
BUT NONETHELESS, WE DO          

00:09:02.942 --> 00:09:03.209 line:6% align:center
STABILITY RISKS.                
BUT NONETHELESS, WE DO          

00:09:03.209 --> 00:09:03.476 line:6% align:center
STABILITY RISKS.                
BUT NONETHELESS, WE DO          

00:09:03.476 --> 00:09:03.743 line:6% align:center
BUT NONETHELESS, WE DO          

00:09:03.743 --> 00:09:04.010 line:6% align:center
BUT NONETHELESS, WE DO          
ANTI                            

00:09:04.010 --> 00:09:04.277 line:6% align:center
BUT NONETHELESS, WE DO          
ANTICIPATE SOME                 

00:09:04.277 --> 00:09:04.544 line:6% align:center
BUT NONETHELESS, WE DO          
ANTICIPATE SOME STABILIZA       

00:09:04.544 --> 00:09:04.810 line:6% align:center
BUT NONETHELESS, WE DO          
ANTICIPATE SOME STABILIZATION   

00:09:04.810 --> 00:09:05.077 line:6% align:center
ANTICIPATE SOME STABILIZATION   
TH                              

00:09:05.077 --> 00:09:05.344 line:6% align:center
THERE.                          
I T                             

00:09:05.344 --> 00:09:05.611 line:6% align:center
THERE.                          
I THINK WITH                    

00:09:05.611 --> 00:09:05.878 line:6% align:center
THERE.                          
I THINK WITH SOME               

00:09:05.878 --> 00:09:06.145 line:6% align:center
THERE.                          
I THINK WITH SOME OF            

00:09:06.145 --> 00:09:06.412 line:6% align:center
THERE.                          
I THINK WITH SOME OF THESE OTHER

00:09:06.412 --> 00:09:06.679 line:6% align:center
THERE.                          
I THINK WITH SOME OF THESE OTHER

00:09:06.679 --> 00:09:06.946 line:6% align:center
THERE.                          
I THINK WITH SOME OF THESE OTHER

00:09:06.946 --> 00:09:07.213 line:6% align:center
THERE.                          
I THINK WITH SOME OF THESE OTHER

00:09:07.213 --> 00:09:07.480 line:6% align:center
I THINK WITH SOME OF THESE OTHER

00:09:07.480 --> 00:09:07.747 line:6% align:center
I THINK WITH SOME OF THESE OTHER
ECONOMIES, PARTI                

00:09:07.747 --> 00:09:08.014 line:6% align:center
I THINK WITH SOME OF THESE OTHER
ECONOMIES, PARTICULARLY         

00:09:08.014 --> 00:09:08.281 line:6% align:center
I THINK WITH SOME OF THESE OTHER
ECONOMIES, PARTICULARLY         

00:09:08.281 --> 00:09:08.548 line:6% align:center
I THINK WITH SOME OF THESE OTHER
ECONOMIES, PARTICULARLY         

00:09:08.548 --> 00:09:08.814 line:6% align:center
I THINK WITH SOME OF THESE OTHER
ECONOMIES, PARTICULARLY C       

00:09:08.814 --> 00:09:09.081 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 

00:09:09.081 --> 00:09:09.348 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY                       

00:09:09.348 --> 00:09:09.615 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY B                     

00:09:09.615 --> 00:09:09.882 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY BE                    

00:09:09.882 --> 00:09:10.149 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY BE                    

00:09:10.149 --> 00:09:10.416 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY BE                    

00:09:10.416 --> 00:09:10.683 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY BE ADDITIONA          

00:09:10.683 --> 00:09:10.950 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY BE ADDITIONAL         

00:09:10.950 --> 00:09:11.217 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY BE ADDITIONAL         

00:09:11.217 --> 00:09:11.484 line:6% align:center
ECONOMIES, PARTICULARLY CANADA, 
THERE MAY BE ADDITIONAL         

00:09:11.484 --> 00:09:11.751 line:6% align:center
THERE MAY BE ADDITIONAL         
DOWNGRAD                        

00:09:11.751 --> 00:09:12.018 line:6% align:center
DOWNGRADES.                     
BUT                             

00:09:12.018 --> 00:09:12.285 line:6% align:center
DOWNGRADES.                     
BUT IT'S                        

00:09:12.285 --> 00:09:12.552 line:6% align:center
DOWNGRADES.                     
BUT IT'S ALL                    

00:09:12.552 --> 00:09:12.818 line:6% align:center
DOWNGRADES.                     
BUT IT'S ALL WITHIN             

00:09:12.818 --> 00:09:13.085 line:6% align:center
DOWNGRADES.                     
BUT IT'S ALL WITHIN THE         

00:09:13.085 --> 00:09:13.352 line:6% align:center
DOWNGRADES.                     
BUT IT'S ALL WITHIN THE STORY   

00:09:13.352 --> 00:09:13.619 line:6% align:center
DOWNGRADES.                     
BUT IT'S ALL WITHIN THE STORY OF

00:09:13.619 --> 00:09:13.886 line:6% align:center
DOWNGRADES.                     
BUT IT'S ALL WITHIN THE STORY OF

00:09:13.886 --> 00:09:14.153 line:6% align:center
BUT IT'S ALL WITHIN THE STORY OF

00:09:14.153 --> 00:09:14.420 line:6% align:center
BUT IT'S ALL WITHIN THE STORY OF
SLOWER GROWTH TH                

00:09:14.420 --> 00:09:14.687 line:6% align:center
BUT IT'S ALL WITHIN THE STORY OF
SLOWER GROWTH THIS              

00:09:14.687 --> 00:09:14.954 line:6% align:center
BUT IT'S ALL WITHIN THE STORY OF
SLOWER GROWTH THIS YEAR,        

00:09:14.954 --> 00:09:15.221 line:6% align:center
BUT IT'S ALL WITHIN THE STORY OF
SLOWER GROWTH THIS YEAR, LED B  

00:09:15.221 --> 00:09:15.488 line:6% align:center
BUT IT'S ALL WITHIN THE STORY OF
SLOWER GROWTH THIS YEAR, LED BY 

00:09:15.488 --> 00:09:15.755 line:6% align:center
BUT IT'S ALL WITHIN THE STORY OF
SLOWER GROWTH THIS YEAR, LED BY 

00:09:15.755 --> 00:09:16.022 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 

00:09:16.022 --> 00:09:16.289 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A                               

00:09:16.289 --> 00:09:16.556 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF                    

00:09:16.556 --> 00:09:16.822 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF                    

00:09:16.822 --> 00:09:17.089 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF                    

00:09:17.089 --> 00:09:17.356 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF                    

00:09:17.356 --> 00:09:17.623 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF                    

00:09:17.623 --> 00:09:17.890 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF                    

00:09:17.890 --> 00:09:18.157 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF                    

00:09:18.157 --> 00:09:18.424 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF                    

00:09:18.424 --> 00:09:18.691 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF FACTO              

00:09:18.691 --> 00:09:18.958 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF FACTORS,           

00:09:18.958 --> 00:09:19.225 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF FACTORS,           

00:09:19.225 --> 00:09:19.492 line:6% align:center
SLOWER GROWTH THIS YEAR, LED BY 
A VARIETY OF FACTORS, INCLUDING 

00:09:19.492 --> 00:09:19.759 line:6% align:center
A VARIETY OF FACTORS, INCLUDING 

00:09:19.759 --> 00:09:20.026 line:6% align:center
A VARIETY OF FACTORS, INCLUDING 
PA                              

00:09:20.026 --> 00:09:20.293 line:6% align:center
A VARIETY OF FACTORS, INCLUDING 
PAST U.S. FED                   

00:09:20.293 --> 00:09:20.560 line:6% align:center
A VARIETY OF FACTORS, INCLUDING 
PAST U.S. FED POLICY            

00:09:20.560 --> 00:09:20.826 line:6% align:center
A VARIETY OF FACTORS, INCLUDING 
PAST U.S. FED POLICY            

00:09:20.826 --> 00:09:21.093 line:6% align:center
A VARIETY OF FACTORS, INCLUDING 
PAST U.S. FED POLICY AND        

00:09:21.093 --> 00:09:21.360 line:6% align:center
A VARIETY OF FACTORS, INCLUDING 
PAST U.S. FED POLICY AND THE    

00:09:21.360 --> 00:09:21.627 line:6% align:center
A VARIETY OF FACTORS, INCLUDING 
PAST U.S. FED POLICY AND THE    

00:09:21.627 --> 00:09:21.894 line:6% align:center
PAST U.S. FED POLICY AND THE    
UNCERTAINT                      

00:09:21.894 --> 00:09:22.161 line:6% align:center
PAST U.S. FED POLICY AND THE    
UNCERTAINTIES OF U.S.           

00:09:22.161 --> 00:09:22.428 line:6% align:center
PAST U.S. FED POLICY AND THE    
UNCERTAINTIES OF U.S.           

00:09:22.428 --> 00:09:22.695 line:6% align:center
PAST U.S. FED POLICY AND THE    
UNCERTAINTIES OF U.S. POLICIES  

00:09:22.695 --> 00:09:22.962 line:6% align:center
UNCERTAINTIES OF U.S. POLICIES  

00:09:22.962 --> 00:09:23.229 line:6% align:center
UNCERTAINTIES OF U.S. POLICIES  
AROUND TRA                      

00:09:23.229 --> 00:09:23.496 line:6% align:center
UNCERTAINTIES OF U.S. POLICIES  
AROUND TRADE                    

00:09:23.496 --> 00:09:23.763 line:6% align:center
UNCERTAINTIES OF U.S. POLICIES  
AROUND TRADE AND                

00:09:23.763 --> 00:09:24.030 line:6% align:center
UNCERTAINTIES OF U.S. POLICIES  
AROUND TRADE AND G              

00:09:24.030 --> 00:09:24.497 line:6% align:center
AROUND TRADE AND GEOPOLITICS.   
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