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Turnbull: " . . . The only people that we do not take are people who come by boat. So we would rather take a not very attractive guy that help you out then to take a Noble [sic] Peace Prize winner that comes by boat. That is the point."
Trump: "What is the thing with boats? Why do you discriminate against boats? No, I know, they come from certain regions. I get it."
Turnbull: "No, let me explain why. The problem with the boats it that you are basically outsourcing your immigration program to people smugglers and also you get thousands of people drowning at sea. So what we say is, we will decide which people get to come to Australia who are refugees, economic migrants, businessmen, whatever. We decide. That is our decision. We are a generous multicultural immigration nation like the United States but the government decides, the people's representatives decides. So that is the point. I am a highly transactional businessman like you and I know the deal has to work for both sides. Now Obama thought this deal worked for him and he drove a hard bargain with us — that it was agreed with Obama more than a year ago in the Oval Office, long before the election. The principles of the deal were agreed to."
Trump: "I do not know what he got out of it. We never get anything out of it — START Treaty, the Iran deal. I do not know where they find these people to make these stupid deals. I am going to get killed on this thing."
Turnbull: "You will not."
Trump: "Yes, I will be seen as a weak and ineffective leader in my first week by these people. This is a killer."
Turnbull: "You can certainly say that it was not a deal that you would have done, but you are going to stick with it."