. >> ceo michael wirth will join us at 8:30 eastern to talk about why they are writing this down and getting rid of some assets they are doing restructuring in good times they have the flexibility and ability to do that shares of chevron down >> my next read is about the usmca. >> you are going the wrong way you are backwards. >> look at the camera. >> i'm looking at you. you are looking backwards. i am the viewer. i'm seeing it backwards. that way yes. >> okay. c. next week, you'll have to do it. we are all doing it. usm -- let me do this first. update on trade talks with china. we'll do the c u.s. and chinese trade negotiations laying the groundwork even though president trump hasn't decided whether to push back the december 15 deadline trying to figure out how to get beijing to make tremendous purchases of u.s. farm products. have to wait and see yesterday, kudlow said tariffs are still on the table if president trump isn't happy with the outcome of the trade talks could be free tremendous or disastrous >> odds on additional tariffs. i think the market thinks so too which is why a

we hear from the ceo michael wirth tomorrow at 8:30 a.m.rn time on squawk box answering all the questions. with the headlines pete says the stock could be warming up for a breakout. >> you talk about michael wirth on tomorrow. that's one of the biggest reasons like the stock looking at the management, tyler, what i like most is i want consistency, somebody who has been around the business, maybe been in this specific business this gentleman joined chevron 1982 he has been there ever since and he has moved up through almost every single category you can imagine to get himself positioned to be the ceo of the company. that stands out for me i think he understands every single aspect of the business. now looking at the c suite, his team is doing an unbelievable job. if you kmar compare right now chevron with exxon -- by the way i sold exxon to buy chevron. why? a lot of it has to do with the team he built over the years, streamlining the operation, being more efficient, taking in revenues but making more of the earnings than xlm right now. they