Secretary of State...

The transcript discusses a statement involving the Secretary of State and the President, warning individuals about the risks of engaging in transactions with belligerents. It emphasizes that such actions are taken at one's own risk, highlighting the potential consequences of these engagements.

What is the role of the Secretary of State in the context of the text?

What does the text imply about the president's actions?

What warning is given regarding transactions with belligerents?

Who might engage in transactions with the belligerents according to the text?

What is the risk associated with engaging in transactions with either of the belligerents?