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stroke occurred. cv event risk increases in age 50 plus with a heart disease risk factor. tell your doctor if you've had these events. infection, hep b or c smoked or are pregnant or planning. don't take if allergic or have an infection. >> what you see in crohn's in check and keep them there with rinvoq. >> ask your. gastroenterologist about rinvoq. >> got one more antwan with usps. >> ground advantage. >> just like you're with us every step of the way. >> cool. >> right on time. stay in the know from your dock to. >> their door. cnn this morning with audie cornish today at 6 a.m. on cnn. >> america is back. i have created the brand new department
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of government efficiency. doge, which is headed by elon musk, who is in the gallery tonight. >> is there anyone in america who is comfortable with him and his gang of 20 year olds using their own computer servers to poke through your tax returns, your health information, and your bank accounts? >> april 2nd reciprocal tariffs kick in. >> people refuse. >> to buy american products. we love the people, and. >> the president. >> needs to be stopped. >> but donald. >> this is a. >> very dumb thing to do. >> hello. and a warm welcome to our viewers joining us from the u.s. and all around the world. i'm rahel solomon. it is wednesday, march 5th, 5 a.m. exactly here in new york and in washington, where the u.s. president delivered a fiery, self-congratulatory campaign style address before congress
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and the american public. and his speech tuesday night, donald trump claimed that voters gave him a powerful mandate and declared that america's momentum, spirit, pride and confidence are back. he said that the country is on the verge of a comeback, the likes of which the world has never witnessed. and the excitement of his republican supporters evident. but millions of americans fear that the president's second term could greatly damage the country. during his nearly 100 minute speech, the longest annual address to lawmakers in modern times, he touted what he considers major achievements while making many false claims on topics like the economy, immigration and his political rivals, and also laying out his own territorial ambitions. >> it has been stated by many that the first month of our presidency, it is our presidency, is the most successful in the history of our nation. i withdrew from the
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corrupt world health organization. and i also withdrew from the anti american un human rights council. we ordered all federal workers to return to the office. they will either show up for work in person or be removed from their jobs. as you know, we inherited from the last administration an economic catastrophe and an inflation nightmare. we are seeking permanent income tax cuts all across the board and to get urgently needed relief to americans hit especially hard by inflation. i'm calling for no tax on tips, no tax on overtime and no tax on social security benefits for our great seniors. to further enhance our national security, my administration will be reclaiming the panama canal
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and we have already started doing it. we need greenland for national security and even international security, and we're working with everybody involved to try and get it. but we need it really for international world security. >> let's get to cnn's julia benbrook, who has a closer look now at president trump's message and how it was received. >> mr. speaker, the president of the united states. >> president donald trump, delivering his first speech to a joint session of congress since retaking the white house. >> we have accomplished more in 43 days than most administrations accomplished in four years or eight years. and we are just getting started. >> while democrats mostly waved signs in protest, a disruption came early in the night, with speaker mike johnson ordering the removal of democratic lawmaker al green from the house chamber. >> remove this gentleman from
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the chamber. >> the speech comes the same day trump enacted 25% tariffs on mexico and canada, and doubled his tariff on chinese goods to 20%, sparking concerns of a trade war. >> tariffs are about making america rich again and making america great again. they'll be a little disturbance, but we're okay with that. >> trump has made a whirlwind of moves since his inauguration, including firing thousands of federal workers in an effort to reduce the size of the federal government. >> will be ending the flagrant waste of taxpayer dollars. and to that end, i have created the brand new department of government efficiency, which is headed by elon musk, who is in the gallery tonight. >> several of those fired federal workers attended the speech as guests of democratic lawmakers. their party's rebuttal, delivered by michigan senator elissa slotkin. >> america wants change, but there's a responsible way to make change and a reckless way, and we can make that change
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without forgetting who we are as a country. >> in washington, i'm julia benbrook. >> republican lawmakers, meantime threatening to censure democrats who protested the president's speech despite the fact that republicans have loudly heckled former president obama and biden during their state of the union addresses. now, house speaker mike johnson is targeting democratic representative al green, who was removed from the house chamber for shouting. >> get out! of. >> members! >> representative green told reporters outside the chamber that he spoke out because he believes that trump's budget will devastate critical services. take a listen. >> his budget. >> calls for deep cuts in medicaid. >> he needs. >> to save medicaid protected. we need to raise the cap on social security. there's a possibility that it's going to be hurt, and we've got to protect medicare. these are the
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safety net programs that people in my congressional district depend on. and this president seems to care less about them and more about the number of people that he can remove from the various programs that have been so helpful to so many people. >> cnn's manu raju spoke with democratic senator adam schiff for his reaction on the president's speech, as well as the protests made by his fellow democrats. >> we got. >> what we. >> expected, which was a thorough. >> gaslighting of the. >> american people. >> and that's not something to be applauded. >> but, i mean. >> this was. >> much different. than i've. >> seen other opposition parties react to, not just not applauding here. saw members stand. >> up and. >> heckle the president for several minutes and get escorted. was that appropriate? what al green did? >> well, i'm. focused on what the president. >> had to say tonight. and the damage that he's doing to the country, which i think dwarfs what. >> we've seen of any other president. it's been a lawless administration. they are.
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>> willfully ignoring court orders. >> they are. >> unlawfully. cutting and have plans to cut. deep into. >> medicaid and the damage they're doing is going to be incalculable. >> donald trump, meantime, is defending his tariff policies, promising that they will make america rich again. and after imposing new tariffs on canada, mexico and china on monday, mr. trump says that he will match tariffs by other countries. dollar for dollar, starting april 2nd. >> april 2nd reciprocal tariffs kick in and whatever they tariff us, other countries, we will tariff them. that is reciprocal. back and forth, whatever they tax us, we will tax them. if they do non-monetary tariffs. to keep us out of their market, then we will do non-monetary
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barriers to keep them out of our market. >> canada, meantime, is promising to file claims at the world trade organization over the new u.s. tariffs. and ontario premier doug ford says he is taking action against one of elon musk's companies. >> we're ripping up. ontario's contract. >> with starlink. >> it's done. it's gone. we won't award. >> contracts to. >> people who enable. >> and encourage economic. >> attacks on our province and our country. >> this is a time to hit. >> back hard. >> and to demonstrate that a fight with canada. >> will have. >> no winners. americans will lose jobs. americans will be paying more for groceries, for gas, for cars, for homes, because we have always done best when we work together. >> mexico's president says he doesn't want a trade war, but she will announce retaliatory
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tariffs and other measures against the u.s. on sunday. claudia sheinbaum says that her government has cracked down on crime and drugs, making the u.s. tariffs unjustified. lots to discuss. let's bring in michael schnell, a congressional reporter for the hill. she is with us from washington. michael, great to have you this morning. your takeaways from what we heard in this this long address from the president. >> yeah. hey. >> good morning. thanks for. >> having me. i think. >> that, you know, despite. >> all the substance that president trump had said last night, really what's going to be remembered is that protests from al green. and, look, this comes at a moment where democrats are still picking up the pieces and reeling from their crushing election losses back in november, trying to figure out the path forward ahead of the 2026 midterms. and, of course, the 2028 presidential election. and last night was a night where folks were going to watch and see their progress in that effort and see where they had landed thus far. and it just ended in this disappointment, i think, among a number of democrats. i spoke to some democrats yesterday who weren't
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thrilled with al green's protest after the speech. in fact, senator chris a democrat from delaware, told me it was unproductive. and then we saw that those silent protests from some democrats on the floor holding up signs, walking out with with words on their back that says resist. i don't know if any of that was was too salient among folks. so i think that overall, you know, as we continue to talk about the build back of the democratic party and how they're going to move forward, um, last night is going to be a flashpoint where folks have said, okay, they still have more work to do, and they haven't really figured out a cohesive, salient message and strategy going forward. >> yeah, i mean, to that point and speaking of the protests, we also saw a lot of lawmakers wearing the hot pink blazers or the pink blazers, also a sign of protest. um, to that point, i mean, how urgent of an issue do you think this is for the democrats? we've been hearing now for quite some time that there's real deep division within the party about how best to move forward, both within democratic leadership but also prominent strategists. i mean,
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how urgent of an issue is this or do they have some time to figure this out? >> i think it's extremely urgent. and the sooner that they can figure out their path forward, the better, because those 2026 midterm elections are going to creep up. i know folks are still recovering from the 2024 election cycle, but 2026 is going to be upon us sooner than we know it. and right now, democrats are in the minority wilderness. they're dealing with this republican trifecta, and they want to do anything they can to claw back at some control of government here in dc. and if they're going to do that, they're going to have to figure out this messaging, figure out who the leader of the party is. and that strategy for carrying out that messaging ahead of the midterms. and, you know, you ask, is it is it urgent? do they have some time? they're going to want to do this as soon as possible so they can go to the american people with that message and help it start reverberating. so again, when you're talking about the progress the democratic party has made, i don't know that folks will be too thrilled with what happened last night. >> yeah. michael, i mean, on the topic of progress, you know, we know from polling heading into
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this, this session, heading into this speech that americans wanted to hear more from the president about what he plans to address high prices both at the gas pump and both at. well, not necessarily the gas pump these days, but at the grocery store. home prices. um, did he do enough? did president trump do enough to address those concerns? and is it a salient point at at this point to blame joe biden when he is now in office and voters aren't thinking about joe biden? they're thinking about president trump? >> yeah, it's an interesting question, because in the lead up to yesterday's joint address, one of the biggest topics that folks were discussing were was the economy and the impact that those tariffs were having on the economy. a number of companies announcing that prices were going to rise because of the tariffs. the stock market taking a tumble because of those tariffs going into place on mexico and canada. president trump really leaned in saying that the tariffs are going to take some time, that prices may go up before they come back down
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and get normal again. and he even said that he plans to put reciprocal tariffs then on countries next month. and then we had his commerce secretary who was speaking in statuary hall right off the house floor after the speech, talking more about those tariffs. so, interestingly enough, president trump not backing down from his belief that tariffs are the way to get the economy going again, despite there being some, some, some evidence this week that it's going to be a little painful for the economy before it gets better, perhaps, and from some uneasiness from some republican senators, republican lawmakers up on capitol hill as they start to see the immediate effects of these tariffs take place. >> yeah, those comments from the commerce secretary, i think really confusing the markets. i mean, certainly providing some some optimism. u.s. futures, last i checked, were up on the back of those comments. but but still a lot to sift through and and are still up at 513 this morning. but it is early and we know certainly a lot can happen in a few hours. michael, before i let you go, what's the takeaway, do you think, for
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world leaders watching this, whether it be allies or foes, based on what we saw last night, i mean, as one guest told me in the 4 a.m. hour, um, allies may have been hoping for a different tone, a different message from the president, but they didn't get it last night. >> yeah. so, you know, you asked about the economy before and the tariffs. that was one of two issues that was top of mind to folks heading into the speech. the other, of course, was ukraine after that blowup that happened in the oval office between president trump and ukrainian. ukrainian president volodymyr zelenskyy, i think a lot of folks are watching last night to see what tone trump used when he discussed ukraine. zelenskyy in that potential mineral deal that had been on the table that had not been signed after the contentious meeting last week. i think folks on the world stage will be reassured that trump spoke highly of ukraine, and zelenskyy talking about that note that he had received earlier in the day that he was pleased by talking about how the mineral deal could be salvaged. so i think that a lot of folks were probably reassured by that. but then, of
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course, the president had said a lot of his greatest hits from his camp, from the campaign trail dealing with the world stage, the panama canal, for example, renaming the gulf of mexico to be the gulf of america and taking control of greenland and so forth. so i think it was a bit of a mixed bag, but when you talk about the world stage, ukraine was definitely the key focus. i think as folks were watching last night's speech. and i think people will be reassured about the tone that trump used when discussing the european ally. >> yeah. michael schnell, great to have you this morning. thank you. >> thanks. >> well, the dangerous winds that have been fueling wildfires in texas have now largely subsided. you can hear fierce winds driving the flames. and this video from yesterday, you hear it there. this fire is now 100% contained after burning more than 350 acres. dozens of fires broke out across texas on tuesday alone. that was thanks to high winds, extremely dry conditions as well. the national weather service in san antonio and austin received at least
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115. excuse me, fire reports received at least 15 fire reports, and texas wildfires were one outcome of the massive storm system now pushing toward the u.s. east coast. it's also been causing dangerous weather, including blizzard conditions and tornadoes. millions of people, meantime, along australia's eastern coast are bracing for what could be the first cyclone in the region in 50 years. tropical cyclone alfred is expected to cross the coast south of the queensland capital of brisbane early friday, potentially at high tide. residents there are sandbagging their homes and stocking up on food and bottled water amid warnings of potential flooding. >> it's definitely a lot of anxiety in town with. >> people 100%. >> people are still. >> mentally scarred from the last flood. it was only a few years ago. we have friends who have only just got into their houses after years of fixing them. yeah, it's been brutal. >> the cyclone currently has the strength of category one atlantic hurricane. experts say that the worst of it could impact popular tourist beaches,
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from the gold coast to northern new south wales. officials say that cyclone alfred was about 400km, or 250 miles, off the coast and moving west with powerful winds. torrential rain in indonesia's capital has caused catastrophic flooding, forcing thousands of people to flee their homes. and the forecast won't be offering much relief anytime soon. derek van dam has the details. >> indonesia's capital. >> jakarta, struck by flooding following heavy rains since monday. these were the scenes tuesday as thousands of people were evacuated and transported on rescue boats. >> i was going to. >> work. >> at around 8:30 in the morning, and i saw the floods already high and inside these offices, the water level was at around my knee. >> indonesia's disaster agency reporting the torrential downpour has left more than 1000 homes and many cars completely submerged. in and around jakarta, the country's weather agency warning heavy rain is expected to continue through
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next week. thousands are being housed in makeshift shelters, including schools, mosques and churches, as the government works to quickly set up emergency shelters. many people had to abandon their belongings. >> the floods this time came pretty fast and we were not able to salvage our stuff, especially in my shops and all my belongings at home are gone. >> the greater jakarta metropolitan area is home to more than 30 million people and is no stranger to disasters like these. but local media reports say the flooding is the worst since the 2020 floods that killed at least 60 people. derek van dam, cnn. >> and indonesia not the only country dealing with dire flooding. spain's tourist hotspot, the canary islands, were hit by a sudden rainstorm on monday. spain's national weather agency has issued a red alert as heavy rains are expected to continue this week.
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and coming up for us, ukrainian president volodymyr zelenskyy issuing a mea culpa of sorts following friday's heated oval office meeting. and according to donald trump, he has also sent the u.s. president a letter. the details from his address to congress straight ahead. plus, the vatican issuing an update on pope francis as he fights double pneumonia in the hospital. we'll have the latest on his health. and a little later, can we still talk about the philadelphia eagles? can we do that for a moment? he led his team to a super bowl championship, and now he's getting paid. details on the philadelphia eagles record setting deal with running back saquon barkley. we'll be right back. >> kids, i'm sure you're wondering why your mother and i asked you here tonight. it's because it's a buffet of all you can eat. butterfly shrimp and sirloin steak. >> that is the reason. >> i thought it's. because i made varsity.
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>> the pit. streaming exclusively on max. >> europe has sadly spent more money buying russian oil and gas than they have spent on defending ukraine by far. think of that. earlier today, i received an important letter from president zelenskyy of ukraine. the letter reads ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer. nobody wants peace more than the ukrainians, he said. my team and i stand ready to work. under president trump's strong leadership to get a peace that lasts, we do really value how much america has done to help ukraine maintain its sovereignty and independence. >> president trump there are not mincing words when it came to europe's handling of the war in its own backyard. cnn's claire sebastian joins us live from london, where, claire, we're getting fresh reaction this morning from the kremlin on trump's speech. what are they saying?
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>> yeah. look, i think this reaction that we're getting this morning from the kremlin will really reinforce the feeling in ukraine, rahel, that while the kremlin is sort of staying calm and seeming to appear conciliatory, they have absolutely no intention to negotiate in good faith, even if they are willing to sit down at the negotiating table. case in point, the kremlin spokesman today saying that their reaction to zelenskyy's letter to trump saying that he was willing to sit down at the negotiating table was positive. but then they continued with ongoing efforts that we've seen to discredit zelenskyy, laboring a point that they don't feel that he can legally sit down and negotiate because of a decree that he signed two years ago, banning direct negotiations with putin. so that's on the one hand, i think the other point is that the kremlin has firmly received the memo that the trump administration is taking a transactional approach to foreign policy and are continuing to offer sort of incentives to keep themselves at the table here. one of them was a report that the kremlin today acknowledged, without confirming
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that the the kremlin might be willing to act as a mediator between the u.s. and iran in talks over iran's nuclear program. he simply said, dmitry peskov today that the kremlin will do whatever it takes to to make this possible. so i think it's clear that the kremlin is not changing its stance, but they are very keen to keep up this reset with the u.s. and so i think we'll be watching very closely to see if a deal does get signed, if ukraine can move beyond this catastrophic episode and restore u.s. military aid, because russia is very much against that. >> and, claire, i mean, in the meantime, the last 24 hours on the front lines there, i mean, russia has has maintained and continued its attacks. >> right. and this is, i think, the key point for ukraine that reveals that russia's position is to to keep up what they're doing. they have no incentive to back down. they are maintaining the initiative, and they continue with a significant degree. you can see the aftermath there in odessa of drone attacks. overnight,
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critical infrastructure was hit. the power and water went out in an area of the city. and we've seen across ukraine in areas well beyond the front lines, two civilians killed, at least eight injured. so the aerial attacks continue beyond the front lines. the pressure continues on the front lines and ukraine, rattled by this episode of canceling military aid by the u.s., is now fighting not only on the issue of supplies, but on morale and how that feeds into recruitment. so it is a really difficult, delicate moment for ukraine. >> clare sebastian there in london with the fresh reaction this morning. claire. thank you. and president trump said in his speech that the u.s. has taken into custody a key suspect involved in the 2021 bombing at the kabul airport, which killed 13 u.s. service members and at least 170 afghan civilians. >> tonight, i am pleased to announce that we have just apprehended the top terrorist responsible for that atrocity, and he is right now on his way
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here to face the swift sword of american justice. and i want to thank especially the government of pakistan for helping arrest this monster. >> now, that man, an afghan national, was allegedly involved in planning the attack, and a source says that he will be charged with providing and conspiring to provide material support for terrorism. still ahead, we have new reaction from trump, from china to donald trump's tariff increases. we'll have a live report from beijing straight ahead. and smoke grenades and fighting in serbia's parliament as opposition lawmakers lash out at what they say is a corrupt government. that's ahead on cnn newsroom. we'll be right back. >> when it. >> comes to rooting out corruption. >> do the. fbi's ends justify the means? >> it was humiliating. >> it's an embarrassment for
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>> what you see in crohn's in check and keep them there with rinvoq. >> ask your gastroenterologist about rinvoq. >> it takes courage. >> to step into big shoes and still walk your own path. at ubs, we match your ambition with tailored advice to craft a unique outcome for you. advice is our craft. >> i'm pete. muntean at reagan national airport. this is cnn. >> welcome back. i'm rahel solomon, live in new york. here are some of the stories we're watching for you today. pope francis will remain in a rome hospital today as catholics around the world observe ash wednesday, the first day of lent. the vatican says that the pontiff slept well through the night as he continues to fight double pneumonia. this will be just the second time in his papacy that pope francis will not lead the ash wednesday service, blackrock has agreed to buy the two ports at either end of the panama canal. the global investment firm agreeing to pay
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$22.8 billion to the hong kong based company that owns them. president trump has threatened to take back the canal, complaining that china now runs it. in fact, panama operates the canal. a powerful storm is set to reach the east coast of the u.s. later today, affecting more than 55 million people in areas from florida to new york. it could bring gusty winds, rain and hail with a chance of tornadoes. meanwhile, blizzard conditions are expected in the central u.s. and the midwest through this afternoon. well, the stock market hates them, and retailers say that they will drive up prices. but donald trump is defending his new tariffs against canada, mexico and china. he also told congress last night that he will roll out dollar for dollar tariffs against other countries, starting on april 2nd. a leading farm group says that the trade war will take a toll on rural america and drive up prices for u.s. consumers. president trump has a different outlook. >> tariffs are about making america rich again and making america great again. and it's
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happening and it will happen rather quickly. there will be a little disturbance, but we're okay with that. it won't be much, maybe a little bit of an adjustment period. we had that before when i made the deal with china, $50 billion of purchases, and i said, just bear with me. and they did. they did probably have to bear with me again. and this will be even better. >> u.s. financial markets apparently struggling to deal with this adjustment period. in the words of the president, not a fan, apparently, of these trump tariffs. the dow closing down 670 points, or 1.5% on tuesday. and that follows the 650 point drop drop on monday. here's a look at where u.s. futures stand right now at 5:30 a.m. 535 a green across the board. the dow, nasdaq and s&p 500 all look set to open higher this morning, with the dow futures up about 250 points at this point. and taking a look at asian markets. asian markets also closed higher across the board. a green across the board
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nikkei closing up about a quarter of a percent. the hang seng almost 3%. and staying in asia now china is hitting back at the u.s. with tariffs against a long list of american products. let's go to cnn's steven cheung who is in beijing. stephen, give us a sense of what the reaction has been like so far. >> yeah. rahel. on wednesday. >> chinese officials reiterated their early. >> response to. >> the fresh trump tariffs targeting china, saying if the u.s. insists on harming china's interests, china will fight until the end. now, accompanying these feisty words has been a package of countermeasures from beijing, including an additional 10 to 15% of tariffs on a whole range of american goods, including many agricultural products, but also slapping multiple u.s. companies. although no household names just yet on the list, with new export control restrictions and also suspending imports of american logs and soybeans. now, it's worth noting a lot of these measures target american
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farmers, who, of course, as you mentioned, are major constituents to not only mr. trump but also the republican party. and mr. trump actually gave them a shout out during his address on tuesday night, saying how they would be greatly, greatly benefited from his tariffs and how they love these tariffs. but apparently, according to many experts, that's simply not the case, as shown by how they are now being targeted by these chinese countermeasures. but experts have also said that beijing's response so far relatively restrained, leaving wiggle room for further negotiations because the assessment from here is trump is still in a dealmaking mode and want to he wants to reach a broader trade deal with china. so that's something beijing seems to be leave the door open for. but it's against this backdrop of escalating trade tensions between the world's two biggest economies. that makes the chinese economic growth target for 2025 all the more noteworthy. on wednesday morning, the chinese leadership revealed that number to be around 5% for the year. that is very ambitious considering the
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very strong economic headwinds they are facing, both domestically but also increasingly externally given the new trump tariffs. but they seem to be doing this as a defiant show of confidence. but they are also really preparing for new tariffs by raising their budget deficit to the highest level in decades. around 4% of their gdp. obviously, trying to do all they can to mitigate any impact of the new trump tariffs. rahel. >> yeah. hoping for the best, perhaps, but preparing for the likelihood that we are perhaps staring down a trade war. steven cheung in beijing. thank you. and joining me now, dan ives, the global head of tech research at wedbush securities. dan, it's been a long time. great to have you this morning. >> great to be here. >> before trump's joint address to congress, his commerce secretary had this to say about tariffs on fox business. take a listen. >> it's not going. >> to be. >> a pause. none of that. >> pause stuff. >> but i think he's going to figure out you.
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>> do. >> more and i'll meet you in the middle some way. and we're going to. >> probably be announcing. >> that tomorrow. >> tomorrow would be today. dan, it didn't seem like to me that trump was suggesting a deal was imminent last night. i mean, who do you believe here? what are you expecting? >> yeah. >> look, i mean, this is all a game of high stakes poker, right? and i think what you saw there, i think street's going to look. >> through. >> this and feel like a deal specifically with canada and mexico. that's something that's probably in the near term horizon. i think the bigger issue is going to be around china and just how nasty this gets in terms of the retaliatory before ultimately, you sit at the table and try to get a deal done. >> mhm. dan, you made the point in your research note earlier this week that growth stocks tech stocks they've been here before. they have faced geopolitical uncertainties before. but does this period feel different to you. you have a federal reserve that's in wait and see mode. you have rates that were set initially to fall meaningfully this year. and you have an affordability crisis that many americans continue to
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feel. is it different this time? the uncertainty and the volatility? >> yeah. >> i don't i'd say the biggest difference is that. but it's really about the a.i. revolution. i mean, the core, the foundation, the hearts and lungs of this market and the bull market are chip stocks, tech stocks. and when you think about chips export controls, china, that's the biggest worry. what that could ultimately mean in terms of slowing down the supply chain. and that's why you've seen darlings like nvidia. and a lot of the high growth stocks have gotten crushed here because of those worries around china. i think that's why it's been a white knuckle moment. and you've seen these reactions in the market. >> yeah. so in terms of opportunities, is it still the chip story, which we know last year it was i mean nvidia was white hot or going into this this period where economists are worrying about slower economic growth. do you actually start to look at more i don't know, steady eddy names. do you start to look at defensive plays. i mean where do you see opportunities for investors
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right now. >> yeah i mean look our view we're in year three of what's going to be 8 to 10 year build out of the a.i. revolution. i mean it's the biggest tech. transformation in the last 40 or 50 years. that's why we view these sell offs as golden opportunities to own godfather of a.i. nvidia, microsoft, alphabet. you know, i look at things like palantir and others and some of these mag seven themes because that's where the growth is. i get the defensive story. i think this will be short lived. this is not the end of the tech bull market. it's just a sort of turbulent time as we go through it. you know, in terms of this game of poker between d.c. and beijing. >> so, dan, what you're saying is, if those folks if those investors who have not gotten into names like nvidia and microsoft yet, what you're saying, is there still time? >> oh, i think look, we believe this tech bull market's going to be going for another 2 to 3 years. and i just think in these situations you can't run for the hills. you tune out the noise. you own the winners. and
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that's really been our playbook the last few years. despite obviously a lot of noise coming out of, you know, trump and dc. >> yeah. all right. dan ives of wedbush securities. dan i'll see you again. i'm sure, quite soon. thank you. yep. all right. the trump administration has rejected a long awaited plan for postwar gaza that was proposed and endorsed by arab leaders, officials from egypt, qatar, saudi arabia and the uae unveiled their $53 billion proposal on tuesday. now, under their plan, gaza's 2 million palestinians would be allowed to stay while president trump's plan would expel them from the enclave. the proposal outlines rebuilding gaza by 2030 and calls for hamas to cede power to an interim government until a reformed palestinian authority can assume control. well, it was chaos in serbia's parliament as opposition lawmakers threw smoke grenades and used pepper spray inside the chamber. >> lewis carroll, who.
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>> three lawmakers, including one who was pregnant, were injured in the scuffle. one of them suffered a stroke. the move was meant to protest against the government and show support for student demonstrators. serbia's political crisis started when the canopy of a train station collapsed in november, killing 15 people. the tragedy has come to serve as a symbol of what many see as corruption at the heart of the serbian state. well, still to come, artificial intelligence on everyone's mind. at europe's largest tech summit, we will take you live to barcelona for the latest from the mobile world congress. plus, the nba's all time leading scorer lebron james, reaching yet another historic milestone. we'll be right back. >> listen to. >> chasing life with me. >> doctor sanjay. >> gupta. wherever you get your podcasts. >> as for the facts. >> classic first timers, they don't know that nearly half of all used cars have been in an
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>> have mesothelioma, we'll send you a free book. >> to answer questions. you may have. >> call now. >> and we'll. >> come to you. >> 821 4000. >> welcome back. every year, the biggest names in emerging technology, social policy and business come together to forecast the coming year and see the potential innovations that will influence change across the globe. it's called the mobile world congress and the part trade show, part conference is focusing on the sweeping impact of artificial intelligence and new tech, especially in mobile devices. let's get to cnn's anna stewart, who joins us now from barcelona. anna, always a great place to visit barcelona, even more so when you have fun toys to play with. what have you been seeing there? what have you been hearing? >> yeah, i mean, i never actually see barcelona. i just see this big trade hall, but there's plenty to see. it's been a really busy few days. over the years it's really changed. i'd say at this show, it's no longer the place where smartphone makers kind of launch their latest smartphone. that was kind of back in the days of blackberry and nokia and increasingly, of course, it's been dominated by the big
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chinese smartphone makers. so huawei, oppo, xiaomi, they are all really big players here. and also this year, while that is still a focus on, you know, the latest camera, new lenses, foldable phones, extendable displays, the most interesting innovations this year with your smartphone is really how a.i. is being integrated inside the phone. for instance, honor is a smartphone maker and they now have a feature within the phone where it can actually tell whether a video or a photo you're looking at has been deepfaked. so it's a great security feature. another one this is from deutsche telekom, one of the world's largest telecom companies. of course, it owns t-mobile in the u.s. as well, and they've actually launched a phone this year. it's not available yet, so i borrowed it just for a little bit. it's called the magenta a.i. phone. it's partnered with perplexity, and the idea behind this phone is that in the future, you may not need any apps at all. so you can have apps on the phone, but you don't really need them. you can ask this phone to book you a taxi, book your hotel, call your friend, add something to your diary, and it will just do it
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all automatically. and this really is the future of a.i. and where we're all headed in terms of consumer artificial intelligence. we have generative a.i. that's been the big focus for the last few years. building on that, we're all talking at the moment about a.i. this is becoming a feature. we'll see more and more within the home and within sort of connected devices. you'll have an assistant on the go that has some agency, has some autonomy to be able to actually help you out, no longer just a sort of alternative to a search engine. so that's the big future. >> yeah. and as our, as our guest dan ives said a little bit earlier, it's not too late to get into these a.i. tech stock names if that, if that's what you're into. anna stewart in barcelona with an up close look. thank you. all right. a rare piece of art by banksy sold for $5.5 million on tuesday. this this reimagining of a painting by the late scottish artist jack vettriano was owned by the co-founder of the band blink 182, mark hoppus, a specialist
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at sotheby's, says that while people loved vettriano's work, it wasn't accepted into the art world. similar to banksy's work. hoppus says that part of the proceeds from the sale will go to the california wildfire foundation and medical charities. >> that have. >> to remind. >> you of. >> the mess. you left when. >> you went away. >> it's not. >> fair to deny. >> me. of the. cross. i bear that you gave to me. you, you, you ought to know you. >> 30 years after she gained fame with her jagged little pill album, alanis morissette is still on the road, still making music. the seven time grammy winner will be headlining a las vegas residency this fall, playing eight shows at the colosseum at caesars palace between october 15th and november 2nd. the 50 year old morissette is expected to perform classic hits like thank you, ironic and hands in my pocket, along with some more
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recent tracks. meghan markle, britain's duchess of sussex, has stepped back into the tv series world with a new netflix show. >> let's go. >> i've always loved taking something pretty ordinary and elevating. >> it. >> surprising people with moments that let them know i was really thinking of them. >> the first of eight episodes of with love, meghan premiered on tuesday, and it marks a sort of rebrand for the former actress and suits star as a lifestyle guru and domestic goddess. the show was filmed in montecito, california, and is centered around the duchess hosting a different friend each episode. and in the episode, she offers tips and tricks for being the ultimate hostess, cook, and homemaker, such as making her own bath salts, beekeeping, candle making, and using berries from her garden to make raspberry jam. i'm impressed by
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each of those things. meantime, the philadelphia eagles shelling out some big bucks to keep one of their most electrifying players. you know who i'm talking about? the super bowl 59 champs will make saquon barkley the highest paid running back in nfl history. the 28 year old set new records for most rushing yards and most yards from scrimmage. his two year contract extension is worth $41.2 million. barkley becomes the first running back in the league to make more than $20 million a year, surpassing a deal signed by the san francisco 49ers. christian mccaffrey last year. go, birds. am i still allowed to say that? it hasn't been too long yet right. go birds. all right. to the nba from the nfl to the nba where lebron james has become the first player in history to score 50,000 career points, adding yet another achievement to his illustrious career. that record includes games in both the regular season and the playoffs. now he reached the milestone in front of a
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roaring home crowd in l.a. tuesday as he scored a team high 34 points to lead the lakers past the new orleans pelicans. playing as his 22nd season king james, as he is known, remains one of the best players in the league. >> i'm super blessed to be able to, uh, you know, put that many points up in the best league in the world with the best players in the world over my career. so it's pretty special. >> all right, before we go, take a look at this new baby girl. giraffe was born on saturday at the zoo in sacramento, california. the zoo now has five female giraffes. officials say that the calf was on her feet within two hours. she started nursing shortly afterwards. she will make her public debut after some bonding time with her mother. got to have the bonding time. the exact date also depends on their health and their welfare. so cute. thank you for joining us on rahel solomon live in new york. cnn this morning is coming up next after a quick break. i'll see you tomorrow.
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