China, in his words · Second term · № 116

On China

Said the U.S. built China's military with money lost on trade

“For years, they were making $5-, $6-, $700 billion—$700 billion—and we'd be making nothing. It was a one-sided—honestly, it—we built their military. We built China's military with the money that we lost for so many years getting ripped off.”
Said
, Lunch with Republican senators, Rose Garden, White House
Subject
trade deficit and military
Threat
Economic and military
Topic
Trade & tariffs
Era
Second term

What the record showed

Census Bureau data show the U.S. goods deficit with China peaked at $418.2 billion in 2018, the same year total goods imports from China reached $538.5 billion; the deficit was $202.7 billion in 2025. Nine days after the remark Trump met Xi in Busan and rated the meeting "a 12" on a scale of 0 to 10. On May 20, 2026, days after his state visit to Beijing, he said of Xi, "he respects our military tremendously."

Sources

  1. Remarks at a Lunch With Republican Senators The American Presidency Project, Oct 21, 2025
  2. Trade in Goods with China U.S. Census Bureau, Sep 2026
  3. Remarks and an Exchange With Reporters Aboard Air Force One En Route to Anchorage, Alaska The American Presidency Project, Oct 30, 2025
  4. Commencement Address at the United States Coast Guard Academy in New London, Connecticut The American Presidency Project, May 20, 2026