and a huge geo political move for china we asked a host of economic professor richard wolffe how big this deal really is and the prospect of president elect joe biden rejoining the transpacific partnership agreement. or what we call the world trade and no one here will work we are. all economy. we're all in there a lot will cherish. what the nation. so they can trade more. with i. your will power axis as well. to grow respective governments the whole point is to encourage trade among them to encourage their economy to grow quite trading with one another and that's a fact that they could include not replace it like vietnam and china and likewise places like australia enter the union is a testament to their having a worker more lyrical disagreements the do something they are would help their economy and the other a time when the united states with growing alliances and committed to the exact opposite namely raising it's not clear that the rest of the world is willing to make anything like the kind of deals they would have made for trump this is extremely important not because of the pa

me now to discuss who must co-host the terms and so on and host of economic update professor richard wolffe professor let's start with you president biden's nominee to head the country's commerce department gene armando told senators on thursday that she would use punitive tariffs and export restrictions against china is this going to be a continuation of the trumpet ministrations trade war with china i certainly hope hope that she said those things in order to go should you do if you want to be your it was the policy of the trumpet ministration and my own.

president and of course how the markets will react are boom bust co-host christine and professor richard wolffe host of economic update and author of the sickness is the system professor all start with you here the biden administration is pushing for what they call the american rescue plan which would cost $1.00 trillion dollars and include another round of stimulus checks state and local government aid and an increase in the federal minimum wage to $15.00 an hour is that enough to rescue the american economy at this point. well to give you be honest answer that i woll i want to preface it by saying this is a much better program than anything on the on the books for the trumpet ministration a lot i don't want to shortchange that but to be honest and not an answer i think the level of our problems one of the worst economic pressures in our history coming together with one of the worst public health there's a esther's in our history simply requires a more international. than what they are considering and i don't see it will be of not i don't think for example it really goes after the inequality t

it the listing saga continues as the new york stock exchange has flipped yet again professor richard wolffe is standing by to offer is insight on the recent crackdown on chinese technology from the u.s. government with back show today so let's dive right in. and we lead the program here in washington d.c. is thousands of supporters of president donald trump have ascended on the nation's capital the save america rally as it's being called comes as the united states congress was set to certify the 2020 electoral results wednesday formally declaring joe biden as president elect the trump campaign has filed dozens of lawsuits in 6 battleground states since the november election claiming widespread voter fraud these suits have since been thrown out by judges in those states to take a deep look at the action boom bust co-host an investigative journalist ben swan is on the ground and filed this report. that is before you settle the. thousands of people all across the country converging on washington d.c. we're talking about the they were just this that we didn't know you even the members of it wil

wally joining me now to discuss who must trust you and swan and host of economic update professor richard wolffe professor let's start with you president biden's nominee to head the country's commerce department gene or mondo told senators on thursday that she would use punitive tariffs and export restrictions against china is this going to be a continuation of the trumpet ministrations trade war with china. i certainly hope and hopeful that she said those things in order to please those senators who want to hear it that was the policy of the trumpet ministration and my understanding was that biden was going to at the very least of move back from that kind of confrontation let me remind you all of the viewers over the last year of the trade war on the tower of war the chinese economy i scroll through a 4 percent you know american economy has shrunk through the 4 percent it didn't work we didn't win that struggle in fact with chinese economy is gaining on the united states even more under these circumstances then before so i don't think this is a successful policy it has all kinds of dangers so i

more we're joined by the host of economic update author of the sickness is the system professor richard wolffe professor as always. what kind of world does a trump face when he leaves office on january 20th we're days away from that could he run or could he face anything from a long term criminal to even social backlash in the years ahead. yes i'm afraid he's going to reap as the bible says what he has sown he has made many many enemies he has chosen a political base that is out of control as you can see last wednesday at the capitol and here is the basic problem for corporations they normally give to both republicans and democrats they want to capture bowl parties so no matter how the election goes they have a friendly sympathizer in our hearts and that's worked real well but mr trump exploded that arrangement because now all the divisions in the country are such that it's quite going to cost these companies to have any association with trump because a majority of americans as the poll showed don't want gold near and with the harshness in their sharpness they're going to lose customers as a k