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tv   [untitled]    February 19, 2025 9:30am-10:01am AST

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as a national, sustainable tourism program in collaboration with the global sustainable tourism cubs, village live here retains its job. every meal is like a feast from the farm to the table. hundreds of excavations and restoration works. this country is a place to slow down and enjoy the simple things coming to discover the natural, historical and cultural beauties. the hello i'm, adrian said again, and this is counting the cost on al jazeera. you'll, we can look at the world of business and economics. this reach, teetering on the edge of a trade war. the us in china is tit for tat terrace. a ratcheting up economic tension between the 2 nations passed. could they reach
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a deal to the fuse that dispute? the future of the u. s. as main farm aid agency hangs in the balance. but why does donald trump want to shut down usaid and how that affects millions of vulnerable people around the world. and trump us holt at a to south africa over a controversial landlord. he's also sides of the nation stance against israel, and it's more on concepts, is humanitarian assistance being with an ice they was seen as a restrained response to donald trump, to tyrants against china, beijing's retaliatory duties on a $14000000000.00 worth of us imports of come into effect bounce off of donald trump recently funded the opening salvo and a trade dispute trumpet slap additional 10 percent targets on hundreds of billions of dollars worth of chinese imports. but the split the tit for tat measures tension between the world's 2 launch just economies appears for the movement to be under control, leaving room for negotiation. so could the 2 nations strike a deal?
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what could they headed to a full blown trade? we'll, we'll discuss that with guess shortly. but 1st, katrina year reports from aging to us president donald trump. salvage is 2nd tendon office by continuing his trade war against china and china is flashing back on february. the 1st, the terms of administration added an extra 10 percent terrace to old chinese imports. aging retaliated swiftly imposing its own new duties. 15 percent on coal and liquefied natural gas. 10 percent on crude oil on the equipment, and some vehicles analyst describes the move as restrained deliveries apply to less than 10 percent of china's annual inputs from the us. they didn't says it was forced to defend its national interest while you're drunk. once you've got me or you can job trait and 10 wars have no winners. what is needed are not more tariffs and their loved ones. we urge the u. s. to cracked it's action and the stop by the
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nice thing, treat issues. but the other measures introduced him at the targeted pain china could inflict in future it's sanctions to us companies including pvh cool, which owns calvin, klein and titan export controls. when crucial ra, a minerals, one of which is tungsten and metal used in munitions. and on the vehicles, aging has also launched an anti trust approach into google and our reports. it has other us check phones in its sites, including apple. china was caught off guard when donald trump imposed tired on billions of dollars worth of chinese imports in 2018 it since built up and shots and it's policy to look at the shifting back at the us and strategically strength and its position. working to reduce its reliance on the us market. the agent has expanded trade ties with countries in the middle east, africa, and south east asia. it's also prioritize the technology sector, decreasing dependents on american hardware,
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and making strides and artificial intelligence. trump wants to reduce washington's trade deficit with china, which had a record 295000000000 dollars last year. and he also wants it to do more to stem the tide of sentinel to the us. but what chinese presidency didn't p wants is not an extended truthful. what can do a deal. and he's been working hard to reinforce his position. when the time for negotiation comes, katrina you out to 0. it's a counting the cost aging. john gong is a professor at the university of international business and economics. he joins us now from badging. john, what do you make of age things while the modest response could it's terrible, actually, do any economic damage to the us? well, our to we was your phrase that this is actually a very moderate response. i will say a mass of response only affecting less than 10 percent of the chinese export of united states. and it really doesn't have much of an impact on the us economy. oh,
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i think that leaves a lot of room for negotiation. actually i was hoping that that they can reach some kind of a deal just like what the canada and mexico have done before the deadline of the chinese title being king, which is february 10th. but unfortunately, all of the 3 of those kind of haven't talked yeah, a nice according to china's for administrative. and also it doesn't seems to be the case that they have reached an agreement yet. but i'm still hopeful that they can reach some kind of a compromise. i think the chinese side, i would like to have a, a kind of a deal or end goal. so that's present, trump is a famous for making deals. so hopefully we have some do as you say at the time that we're speaking, the truly those haven't yet spoken that may have changed by the time people watch our discussion here. but how long do you think china is willing to exercise this restraint? i think so, you know, honestly, i think one thing, uh,
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we know that during the 1st trade war, ink, 2018 is that escalation of the trade war uh would be the nobody's interest. i think we rather resolve this issue as opposed to sort of escalating to a higher towers one i other that's not a good some hours i think of uh, you know, trying to really would like to reach a deal. but having said that, i would also argue that, that a little bit of a higher iris is something that the chinese side of we really expect to be preparing for for some time and corporate china being engage in the export business . we probably for this for some time, and then also a good point now that 40 percent property 40 percent of american exports to be a chinese export 3 high states actually related to american companies or foreign companies operating in china. so that's the case and a little bit of
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a higher power, se 10 percent total just being in place indefinitely. is something entirely bearable, i think, from trying to size. as you say, you hope that a deal will be done even if that's not done in the next few days or weeks. and we do somehow get into a trade war, who needs, who, the most here, who has the most to lose from a full blown trade for. i think it's the most of the, most of the party that's going to most americans contributes of what we know that. um the question about who is after the paypal this time. i just have a lot to do with the demand, and that's the city of these products being sold, united states, and we know that the demand less than somebody's actually quite low. meaning that was the higher prices. uh, you know, imagine that she was still gonna buy the uh, so uh, essentially uh, the terms will be passed on to the american consumers and they are paying for it. but let me also point out there's another factor here. um present, trump is all so i'm trying to rely on tariffs being part of
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a long term solution to the tax revenues for financing the federal government is really believing in the case that the, you know, part of the federal budget should be coming from the parents and then off the pressure when it's charles money to be coming from a hot well going to china is one of the largest trading on us was united states trying to have some august the trace suntrust was the united states. so i would imagine that no matter what we do here, what, how much you know, you go, we tried to make an agreement, where's the white house? eventually they'll be some type of signal being imposed o 2. so as the trunk that by sure you can produce income taxes on american people. and this somebody has to be coming from somewhere. and i was actually got a phone call that will be coming from china's exports united states. and this is something that i don't mean it's going to pay for american people any. so if that's the case of, it's just kind of a very difficult to read,
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should you wish low charles and, and if that's the case, you know, we just stay was a john, as we know china's economy at the moment, struggling with its own issues, can't afford to have a full blown trade. well, with the united states, do you think china is leaders will be keen to of the that to the risk any impact upon the chinese economy? well, let me pull things into perspective on, you know, american x, x supposed to be united states accounts for about no less than 50 percent of total transact sports. so that significance, that's where to reduce the seems. 2018 when a 1st grade was started. the 2nd about over $400000000000.00 exports. as i said, a lot of them actually asked, which was american companies, but a lot of them actually also associated was importing components from other countries. yeah. what's the value added out of that? i suppose it's not going to be for on the bit and thoughts page and also uh,
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you know, many chinese copies of preparing for this. the trying to find ways to get around these high towers. so if you come back to us and them, i say are we just that is going to have some negative impact on a trying us economy. but the really impact is not that it's not that big any which there's a, i think there's a re investment bank report saying that coming out recently saying that the america market is, is about of having the impact of about 1.5 to 2 percent. jeannie beach, i'm trying to, i think it's way more less than that. so in the day, if we don't think about the tuesdays scenario, that is, is entire form you've got and daughter exports are nice. they just totally gone. um, i think of, you know, the ultimately that's only going to be about a little bit of a one percent of trying us to be. and if that's something the american side wants spend most of us, you know, we just knocked off one percent off,
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charged you the big, big deal professor. it's been really good to talk to you john manufacturing day for being with us on counting the cost. thank you. to us president donald trump, a slap 25 percent tariffs on oil, steel, an hourly, many of imports. it has pushed to reshape the international trade in order. he says pernicious in response to domestic producers, being, quote, pummelled by both friend and foe alike. trump says the terrace will apply to all countries without exemption. the less important than any $50000000000.00 worth of steel, natalie minium last year. canada is its biggest supply, followed by mexico, brazil, south korea, germany and japan trumps the latest cars that you to take effect in march and are expected from returning to 3 measures from affected countries. and trump has imposed the 1st round of sanctions against a ryan. and since his return to the white house reviving his maximum pressure campaign on the nation, it aims to drive tat ron's oil exports down to 0 and stopping ation, obtaining
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a nuclear weapon that you measure has targeted funds, ships and individuals affiliated with companies already sanction of the for the president jo bites and the trump says he's still open to negotiations with iran. love it, and has a new government until after 2 years of political deadlock. the cabinet faces the daunting task of implementing reforms needed to unlocked funding from international donors level and continues to struggle with a severe economic crisis at a scrambling to rebuild neighborhoods damaged by israel's latest attacks. donor countries have conditioned aid on the appointment of a cabinet that will reform the dysfunctional states and side line the. the group has ball now for supporting peace agreements in columbia to fighting the spread of h. i v. and you can the funds provided by the us agency for international development benefit, millions of vulnerable people. world wide usa plays an important role in advancing
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washington's foreign policy interests and soft power. fox, president, trump, and critics including billy in the long musk alleged that it's rife with fraud. a waste of money under it's spending thousands, a line with us interest. trump wants to shut it down, but it's taking a series of decisions that have left the agency in limbo. now the impact of that has already been felt with many essential programs now for us and will not custom sharif reports. an agency central to american foreign policy is on the verge of being dismantled. the us agency for international development for us h. as in preston, donald trump, he wants to file most of the independent agencies workers and much of the state department us and we're getting them out for more than 6 decades, usaid has been a pillow for us soft power,
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providing humanitarian aid all over the world. the agency with around $10000.00 because most of them out overseas is on the front lines of efforts to fight famine . reduced poverty, provide shuttle water education, health care, and fight climate change. the united states has the world's largest donor of international aid, disposing close to $72000000000.00 in 2023 usaid and the state department shown to administer most to face. nearly 2 thirds of the funds are concentrated in georgia. you ratio and africa in the us this folder and a bunch of amounts to less than one percent of its gd, be much lower than other donations. the few of the agencies closure has left many consumed. we are concerned about the potential impact of the
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decision by the united states government to assess, spend some of its funding for each of the n t b programs in african countries for 90 days. usaid also has its critics club loomed, accuse the agency of funding programs design, tip top of foreign governments. many of them a welcoming it's closure. we're talking about people in organizations paid from a broad life whose job is to toppled the hon gary and the government. in the end, we always get here. the man in charge of shrinking the federal government on the left to building that type who, you know, musk claims us aid is a criminal organization and it's time for it to be shut down for the moment. usaid workers have been put on administrative leave. it's left to focus on the 2 challenges. but as the uncertainty goes, they don't fuse the agency that is created by presidential executive order. in 1961
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and a safe congress lives is likely to shut down the same way, but not the executive order. from a consumption, i'll just see the counting, the cost a date on mask isn't stopping with usa, the i'm elected head of the newly created department of government. the efficiency of those is going out to several other departments and taking drastic measures to comp government spending. these include trying to get rid of thousands of federal workers accessing the treasury department's payment systems. within a months of its inception, the task force claims of save more than $1000000000.00 of to come spring several diversity equities and includes no d. e. i. initiatives within federal agencies must cause proposed cops of 2 trillion dollars from the 7 truly in federal budget, which i'm come to is principal outcome the reality associates
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a consulting firm specializing an international development and post conflict resolution. he's also a former acting deputy administrator of usa. he joins us now from alexandria in the us state of virginia. jim. good to have you with this. one of the donald trump and 8 on bhaskar have against usaid. oh, that's a great question. uh, i think they, us capitol right now is in some term while about the future of the us for in a program. it seems to me that there are 2 basic questions that the president and evolving must already. ready being the 1st question is sure to the united states of america have a for an aide program overseas. and then the 2nd question they're raising is, if we are going to change the us for an a program run by the us agency for international development. what system should we use to change it?
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and in my opinion, as a former usa, i the official, the president and he long most far did wrong on both of the questions or raising, okay, in what way they did wrong. so 1st of all, they seem to have the sense that you asked for an aide is not in the interest the form. busy is the interest of the united states of america, and that's a critique that certainly as well as a long time usa id officer. that's a critique. i've heard many times since we are poor people in the united states. why should we spend the money here? why are we just giving all this money away overseas? and of course, as this program has operated since president john kennedy, started it over 60 years ago. what happens with us for an a is it helps people in need, but it also supports the long term strategic interest of the united states. that's
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not a c for. so in my view, the president is looking at this, the way someone would look at it, who builds casinos for a living, or rather than understanding that by building partnerships with people in africa, asia, in the middle east live in america. the us for a program is building america's security and the increases the impact of u. s. foreign policy. i think they have the analysis did wrong, and it's not just pouring money away. is the opinions that spent in a come back to many us businesses. and you know, that's, that's a very interesting point. very good question. of course, we send enormous amounts of food to starving people overseas, and that's who is grown by us, foreigners. so frankly, a lot of this, uh, what's called us for an aide is initially paid to foreigners in iowa or illinois or
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kansas. but that's really uh, you know, the fact that a few dollars comes back to the united states is not the key point. in my view, the, the leaders of us say, i the, the people that created this employment of u. s. foreign policy. understood very well that us national security is enhanced if people overseas in africa items in the middle east, in asia, in latin america. if people overseas have a chance for a decent living, if they have hope for their children's future, if they have a reasonable diet and reasonable income, they are less likely to be attracted to extremist ideas and less likely to oppose western ideals of democracy. so does the president have the power to just shut it down and what's something about $40000000000.00
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a year allocated from the federal budget to $4.00 and $8.00. what if you don't shut it down? what happens to that money? what does it go? yeah, that's a great question. and i said earlier that i thought the president you on mosque were wrong on 2 counts. number one, i don't think they understand the value of us a id to america's national security. the other question i said was, i think they're approaching it wrong, you know, uh, every, in the us system of government, every time a new president is elected, there is naturally a re visiting of what our national priorities are. that's what the election is all about. and the professional technical staff who work at a federal agency. why do you actually id their agriculture experts, their health care experts, their education expert, they understand full well the policies are going to change. i've been through my show 3 presidential transitions. and in each case,
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these technical professionals that us, the heidi, they went for the new administration to enunciate its priorities and then they naturally realign us for an a programs with the priorities or the incoming administration. but instead of the president and you on mass running a systematic analysis of what needs to be changed into us for an a program as they have done this, sort of like a mafia takeover. this should be done. this analysis should be done in conjunction with the united states congress, which appropriate the money for the us, for an a program. and instead there's this sort of a sort of smash and grab approach, like, uh, some gang of thieves attacking a wal mart store or something where it's really an appalling way to take
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a look. and what are the programs are working or not jim? it's been really good still to you. i'm counting the cost manufacturing data being with us. thank you. appreciate your interest in this important issue. this among president trump's raft of executive orders is one to create a solver and well funded. while he kept the details to a minimum, trump has directed his treasury and commerce departments to come up with a plan within 90 days, silver and well funds are created from a country's budget surplus. reserves are typically used to invest in stocks and bones to infrastructure and technology, but the us government operates at a deficit, depriving trump the means by which silver and investors are traditionally funded. the president suggests of the wealth fund could be used to buy the video app, tick tock. its chinese owners have been given 75 days to sell on national security grounds will face a band in the us. now there are more than 90 such funds globally. managing over
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a trillion dollars in assets, the biggest include no way china, saudi arabia, an abu dhabi us. and donald trump is halted a to south africa after years of growing tension between the 2 nations, his executive order criticized a controversial land. expropriation law had accused the nation of racial discrimination against white farmers. but his list of reasons also include concerns of a south africa's foreign policy. trump decided pretoria as well and bringing accusations of genocide against israel before the international court of justice. he's also accused the nation of closing up to us geo political rivals, including iran. but south africa's president says his nation will not be bullied. so from a post that says that trump has misunderstood the intention of the expropriation law that he signed last month. it allows land with seizures without compensation, under certain circumstances. land ownership continues to be a contentious issue in south africa with most private farm land,
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still owned by white people. so 2 years after the end of a past 8, south africa as received $8000000000.00 in aid from the u. s. over the past 2 decades funding efforts to fight to h i. v and aids tracking certainly is the founder of the institute for security studies, i think tank focusing on human security in africa. he's also the author of the book, the fate of the nation, which addresses south africa's future from political, economic and social perspectives. and he joins us now from munich, kentucky with us, jackie, just how important is us a to south africa right now. what's going to be the impact of this, this freeze on, on age to south africa? i'm going to yes, so show that to get to about $450000000.00 us dollars from that fall, particularly on dealing with people with a sharpie age and song. so that's, that's about 17 percent of all of our money that goes from h. i v
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h spinning. sorry, it's a significant chunk. now there's been a 90 day. um uh, conversation grunted on that. so the front of your immediate could come to a bunch of that. that certainly is going to help me, but i'm still there for what i have to find alternative means providing the treatment to age. so i think 7 and a half 1000000 shut africans that all affected is a being weaponized here. what is it? the trump ones from south africa. i think that what is behind this is much more shut africa's position on gauze. all the actions that sort africa has taken with regard to a genocide. i'm and issues around and finish up with the china. you know, so that's it. goes from a member of the bricks alliance and has taken in certain ways quite some and too many combustor in a number of our foreign policy orientations as so we find out shows in sort of
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trumps across his when it comes to to the issue. so i think that the actual fact um, this is a reaction against what the american c as of the asylum, empty us foreign policy orientation. of course, what is important to understand is that earlier this year, the african national congress, the governing party, is lost, its majority and knowledge, and the alliance with a number of parties, some of which were much more sympathetic to the united states. so i started, i forget a separate way as being punished for a government that no longer is really has got the what that is no longer pursuing. it's from us, brought up prodigies, which were decidedly pro chinese pro russian check has been really good to talk to your own content across manufacturing data being with us. thank you very much. i a i'm, that's our show. so this week,
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if you'd like to comments on anything that you've seen, i am at a thinking on x. try to remember to use the hash tag h a c, t, c. all. you could drop us a live catch in the cost of the houses 0. don't met is our email address, as always, there's plenty more few online. i'll just do a dot com slash ctc. that takes you straight to my page. and then you'll find individual reports links even entire additions for you to capture. but that's it. so this edition of counting the cost, i'm adrian said again from the team here though, thanks for being with us. the news on al jazeera is next in connecting communities. what would you like to see happen for a new syria to emerge? there's no way we could live in a country again where as i see it is for displacement is part of our presence. opening up the conversation representation methods. we haven't had the best representation of african. so for us, it's about solving that puts
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and beyond. the violence lives a people searching for the . ready the metal until mccrae, this has been use our line from coming up. in the next 60 minutes, i'm off outlines what phase 2 of the kinds of sci fi might look like saying it's willing to release all remaining is ready captives in one guy. but i hear that, you know, there's upset about not having a seat. well, they've had a seat for 3 years. and a long time before that, dismissing consent so that ukraine was left out of talks in free ads do as president donald trump says he's confident
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a deal can be reached with russia. fighting intensifies on several from some of the democratic republic of congo to talk to.

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