at the same time, robert lighthizer is a consummate staffer. he has been behind-the-scenes player and is a back room guy. and he is not a hugely theatrical guy. he is a media-shy guy. that lighthizer we know tells me he is unlikely to quit. at the same time, there are clear divisions within the trump administration over how hard to go after china. you know people like peter navarro, the white house traded pfizer, has been pushing for a wholesale de-linking of the two economies. it is not over yet. vonnie: speaking of theater, we know that everybody who worked on these trade deals have been working ferociously on this particular one for a long time now. at the same time, following north korea, the exit president trump made this week, is there a potential for something dramatic like that to happen in the next few weeks? shawn: that may have been the thing we havee seen this week, donald trump's willingness to walk away for a deal. we hear a lot of concerns on capitol hill from people on both sides of the aisle, whether it is chuck schumer or marc

stephen nugent and robert lighthizer -- steve mnuchin and robert lighthizer headed over for trade talksyou make of it? nick: europeans are conflicted. they are talking tougher strategy but you see xi jinping convincing italy to endorse belt and road. xi jinping signing a gigantic deal for the sale, chinese purchase of airbus aircraft, china is auropeans very important market for them. airbus jetmillion orders from the french, also, the chinese halting canola oil purchases from canada. speculation is that it is linked aweissues surrounding hu cfo, how important has it been for chinese officials to flex their muscles? nick: the airbus deal is a step in that direction, reminding europeans of the importance of the chinese market. they are trying to head off this tougher policy towards china that the eu has been discussing internally. upperhandterms of the in the u.s.-china trade talks, the china says they are playing the long game, outplaying president trump. american say, look at the eco data. we have the leg up. when you crunch the numbers, what are you finding? close to balance. some peo

one, robert lighthizer knows the issues inside and out. the negotiating table and wants the best deal. these intellectual property practices, technology transfers. he wants a forceful deal and one that can be enforced. if china were next on some promises, there can be tariffs put in place and other mechanisms automatically that would punish china for violating the rules of this deal. isthe other hand, trump looking ahead to the 2020 elections. looking at the stock market as a gauge of his success. he sees when there is good news about the trade deal, the stock market going up and bad news going the other direction. he's really telling his advisers he wants a deal. he wants to see stock prices in positive territory. caroline: he does. what does china want out of this? because we just saw the trade numbers out today, woeful if you are thinking from a february perspective, imports looking pretty bad. china's stock market has been forced to pause, it seems, by the government. what do you make -- who has the position of power here? samm: i thin

his comments come as us trade representative robert lighthizer and treasury secretary steve mnuchin ating china's vice premier in beijing. earlier, ispoke meeting china's vice premier in beijing. earlier, i spoke to michelle florian york and robin burned in shanghai and i started by asking if there had been any signs of progress in the negotiations. there is certainly positive talk when it comes to china buying more stuff in the united states. much talk in the past few days about pork products from the us and a significant uplift in the month china might be buying a future. lot of positive talk about technology transfers well, this is the way that china has forced firms in the past to give the technology to chinese partners. a lot of signs in the us side that they are happy about what the chinese are now putting on the table, is there are definitely positive signs there but we hear from robert definitely positive signs there but we hearfrom robert lighthizer in an interview earlier this week, the us‘s top trade negotiator, and he still bangs on about enforcement. that is a key issue f

robert lighthizer has long been thought of as a china hawk. is their competition for the president's heart and soul here? shawn: we heard insistence yesterday from steve mnuchin that there is no resistance in the administration, but announcements like that are at odds from what we hear in the administration. there has been a tussle, it has been well documented. but what it really comes down to is how good a deal donald trump is going to get with china. and that matters for the economy, and matters for business, and it matters for the political calculations and his reelection chances. one of his big promises was the rewrite america's economic relationships with the world. there is no relationship better -- bigger than with china. david: we have reports that the u.s. is proposing to proceed on a trade deal with the united kingdom. there has been talk back and forth about that. a couple things they want is to make sure that they have access to agriculture, which is a real hot button over there, as well as addressing the pound. shawn: absolutely,

one of them is robert lighthizer, the u.s. trade representative this. speaking to congress on the usmca which does not have congressional approval yet. he says it should spur perfection in the states and he hopes or progress on other trading funds, i.e. the pan and u.k..k. -- japan and the the u.s. has concerns about the wto. guy, inside the wto there is a process outside the wto that has to be processed that both sides agree upon. on bothis a problem sides of the atlantic. the brexit debate is ongoing behind me. we are expecting voting to start. indications are theresa may is likely to lose another vote this evening, potentially with catastrophic effects to her brexit strategy. we will provide you with plenty of coverage on that from bonnie vonnie andie -- myself. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to gettin

robert lighthizer and the treasury secretary are heading to beijing for talks.eter coy is here to tell us what to expect. how does the mathematics change after the mall report has been handed in, which gives the president just a little more confidence maybe, and with reports of china that maybe it is having a problem with pork prices, for example? think the u.s. relationship with china is anywhere near as warm as the relationship china has with france or italy these days. as you said, robert lighthizer is going over, steven mnuchin, , and thenbegin a deal the vice premier of china is coming to the u.s. next wednesday. thesesly, the hope is very high-level talks will produce a deal that trump and si -- xi can sign. to answer your question, who knows if this helps trump a bit. on the margins he is probably feeling more confident about his domestic base. china continues to have a problem with a slowing economy. that is one of the reasons we have seen china making more and more of an effort to reach out to the u.s. to strike a deal. they are tired of these tariffs.

robert lighthizer recently had an interview on npr.rse, the sticking point has been enforcement, how do they get china to make sure they're abiding by the agreement. but, yeah. ashley: that's true, riley. that's often come up as the biggest hurdle. we've heard there's going to be some sort of multilayered enforcement system whereby rather than just relying on china saying no, we're not doing this anymore, i find it hard to believe that china would allow that much intrusion into their day-to-day business and i'm sure that is not going to be easy to nail down. >> you're certainly right. i mean, what robert lighthizer has proposed so far is a system that gives ustr discretionary authority over tariffs, the ability to unilaterally apply new tariffs or reapply tariffs on china at its own discretion. so the chinese might not be so willing to allow this to happen, it's definitely a question of potentially chinese sovereign rights and one thing they talked about is they don't want china reciprocating if they do this either which can be diploma

trade representative robert lighthizer testifies about the ongoing u.s.rade negotiations with china. also looks at the u.s.m.c.a. trade agreement and the impact of trade with china on american industries. this house ways and means committee is a little more than >> would our guests please take their seats? the committee will come to order. good morning. today we welcome ambassador robert e. lighthizer, united states trade representative, to discuss

the president and robert lighthizer are tariff mening, they likmen, theylike to see ta. there are more effective ways of handling intellectual property theft. cheryl: some think we shouldn't sign a deal so soon, that it could take almost a year to really get the best deal for the united states. other critics of the president say he needs a win on the heels of what turned out to be no deal with the north koreans. do you agree with that? >> i think the sooner the deal, the better. there's going to be a lot of speculation or a lot of people in the president's ear saying he should continue to hold out until something happens. at that point, you're two years later and you're into an election and you can't really get anything done because you waited too long. and meanwhile, the united states is losing economic strength because these tariffs are affecting americans too. and americans don't want to continue to see -- especially the farmers n. don't want to see these costs for another two years. cheryl: this poe februar poe py $10 billion energy purchase is being reported as well

the china deal and new nafta from a congressman who met with robert lighthizer today. "power lunch" starts right now >> hey, everybody. how are you? welcome to "power lunch. down day for stocks. off the worst level of the day, we should point out. fears about a global economic slowdown that is the predicate today for why stocks are lower biotech defense, banks, all headed for their worst week of the year so far. but utilities in real estate, the defensive sectors, still riding winning streaks right now, as you see there. investors on edge, kelly >> yes, they are, ty fears of a global slowdown are growing. you can hang today's concerns on mario dragi and the ecb. the floor of the new york stock exchange with more bob? >> hello, kelly. will the central banks cop to the -- come to the rescue of the markets? we had a fed pivot to a dovish stance today, we have theecb pivot. ecb chief mario dragi leaving rates changed in europe as expected but dramatically downgrading to 1.1% from 1.7% and launching another lending program offering cheap money to the banks. in the meantime,

she'll hold talks with her us counterpart robert lighthizer.ncluded ina but agriculture will not be included in a potential deal. that is still controversial. that is still controversial. when you're feeling a bit of a sniffle coming on, do you reach for a herbal remedy to make you feel better? the global wellness market is estimated to be worth more than $4—trillion dollars a year. and it's growing at a phenomenal rate — more than 12% over the past few years. one firm making the most of the expanding market is nelsons. founded in 1860, it creates a host of natural remedies which are sold in more than 60 countries. claire ferguson is chief executive of nelsons. welcome to the programme. you have been the boss for a couple of years and prior to that you were at johnson &johnson, and prior to that you were at johnson & johnson, such and prior to that you were at johnson &johnson, such a different model for you. how are you finding the world of wellness?” model for you. how are you finding the world of wellness? i have always worked in health care

robert lighthizer said the u.s. must have the ability to impose higher duties to counter potential violations of the deal. >> we have to have real progress and maintain the right to be able to, whatever happens to the current deal, violations of the agreement and that is the core. if we don't do that, none of it makes a difference. ramy: indonesian inflation is subdued, posing a potential dilemma going into the election. most politicians might cheer but pushing up debt for india. this raises the possibility of a rate cut which would give the economy and modi a boost. the chrysler building could be reborn as a hotel after its latest change of ownership goes through. the tower is being bought by a $151ny from austria for million, significantly less than $800 million the abu dhabi investment counsel paid in 2008. they would consider renovating the building into the hotel when the deal is complete. cardinal george pell has been sentenced to six years in prison for sexually assaulting choirboys. the 77-year-old was given

there talking with robert lighthizer. how did you take what he had to say? are we there yet?yet on the china trade deal? what would you say to the markets? >> just relax. i think we are in a good position right now. we've made progress. addressing the trade imbalance itself -- there was talk of china buying u.s. soybeans, lng. second, talk about the ip issue, which is how this all started, intellectual property and the fact that the chinese have acquired joint licensure agreements, stealing intellectual property. many countries around the trading countries agree with that. issue.s the subsidies that may be the toughest one. the chinese government subsidizes their production or exports directly. he's a tough negotiator. yesterday, he said we are keeping this option open of increasing the tariffs. the chinese government realizes that. they know they have to come through with something that is more equitable, more fair. david: the chinese have tended to be tough negotiators in their own way as well. do you have any indications at this point that the chinese might be willing to m

trade commissioner cecilia malmstrom is in washington for talks with us trade representative robert lighthizer she tries to head off crippling new us tariffs. the european commission — which handles negotiations on behalf of the eu's 28 member states — is keen to reach a swift, limited deal on trade in industrial goods, excluding the tricky area of agriculture. brussels wants to resolve the issue of us tariffs on steel and aluminium and avert potential tariffs of up to 25% on european cars and auto parts. donald trump renewed his threat to impose them last month after a truce agreed injuly. the us president last month received a confidential u.s. commerce department report which is widely thought to conclude that vehicle imports pose a national security threat. he has 90 days to decide whether to act on it. the impact of us tariffs on germany's key motor industry would be devastating, with vehicle exports to the us plunging by an estimated 50 percent. the eu has promised a quick and effective response, if washington now goes ahead with them. dr sam fowles, fellow, foreign policy centrejoins me

us president donald trump's tres chiva, robert lighthizer says he cannot predict success at ending the speaking before the senate finance committee he said major issues needed to be resolved before an agreement was reached, as talks intensified in their final weeks. netflix will reportedly start making its original anime injapan by partnering up with companies in the country. a business paper says it will release them globally in two or three years. the move is seen as a way to compete with disney. the united nations as north korea has violated sanctions by using global banks to funnel illegal deals. the report says these banks continue to facilitate transfer of funds, even though transfers of petroleum and coal products are banned. we now turn our attention to japan, because carmakers listen, renault, and mitsubishi have promised a new start to their alliance —— nissan. they wa nt to to their alliance —— nissan. they want to move past the turmoil caused by the arrest of their former boss carlos ghosn. rupert wingfield hayes was at that conference in yokohama and sent this report. perh

jason: you feel like robert lighthizer is listening to you? have had a working relationship with them, yes. jason: richard trumka, afl-cio president. he is today's conversation in chief. thank you so much for joining me. richard: thanks, jason. jason: david westin spoke earlier with gm ceo. the plant closure in ohio and her plans for those workers. >> we will follow the uaw agreement. we have over 2700 jobs open in the near term and we want every single member of the team to stay part of the gm family. we've been able to successfully move about 500 of those employees star other locations. we will continue to work with each and every one of those employees with the hopes they take one of the jobs we have across the country, some even in the state of ohio. there is more immediate term opportunity for all of those employees and this will be additional that will come later. david: i understand you've worked with the uaw as well as with the state of michigan in developing this plan. this announcement of the expansion that with your upcoming negotia

president trump and ambassador robert lighthizer have updated it very well.ll allow us to sell more made in america products. our best customers, mexico and canada. we combine the strength of those countries, our local businesses can compete and win anywhere in the world because of this new agreement. it is crucial. jason: are you hearing more positive vibes from your colleagues on the other side of the aisle over this? are they being convinced the message is right? rep. brady: i do hear more positive comments from democrats. that is because robert lighthizer made it known he was going to work to address some of the traditional concerns democrats often have with these agreements, especially those in the labor and environmental areas. he spent a considerable amount of time and effort to get that right. i think he starts in this agreement and starts with a much thanr level of support other agreements have. the key on this is timing. it needs to be done this summer. speaker pelosi will determine the timetable when the white house sends it to us. jason: i wanted

david: robert lighthizer trying to sell democrats on president trump's nafta replacement.concerns on trade with canada and mexico. we ask congressman sean duffy, he is here next. every year, our analysts visit thousands of companies, in a multitude of countries, where we get to know the people that drive a company's growth and gain new perspectives. that's why we go beyond the numbers. t. rowe price. invest with confidence. that's why we go beyond the numbers. thithis is the invitationo a higheto lexus sales event. lease the 2019 es 350 for $379 a month for 36 months. now thru march 31st. experience amazing at your lexus dealer. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit

us treasury secretary steven mnuchin and us trade representative robert lighthizer are meeting china'son friday with both sides warning there's still a lot of work to be done. five of the uk's largest airlines are facing legal action which claims pilots and cabin crew are regularly exposed to toxic fumes during flights. the unite union says legal notice has been served in 51 cases, the majority of which are against british airways — as well as easyjet, thomas cook, jet2 and virgin atlantic. the airlines say that previous studies found no proof of long—term ill—health arising from cabin air quality. the wealthy sackler family is facing new charges it fraudulently transferred billions of dollars from purdue pharma, the firm it owns that makes opioid painkillers — to protect the funds from litigation. purdue is facing thousands of lawsuits over how it marketed 0xycontin. the family say it "strongly" denies the allegations and will "vigorously defend against them". and now — what's trending in the business news this morning. the wall streetjournal focuses on lyft and the latest move in its

robert lighthizer today made it clear to cock the administration will not accept any agreement that doesn't achieve the president's goals and purpose. tonight we focus on the president's mission to denuclearize korean peninsula commit to further national security and negotiate fair balance trade deals. republicans strategist ed rollins among our guests. and while president trump makes history half way around the world, the radical dems staging a sorted spectacle in the washington swamp. the dems scheduled their salacious attempt to savage president trump this week to coincide with his foreign policy mission. and the republicans allowed them to get away with it. the national left wing media today devoting themselves to covering this sickening sorry radical dem show with a convicted liar michael cohen as their star witness, the first and only witness of the radical dems 116th congress. the republicans fighting back led by congressman mack meadows rank aring committee member jim jordan. >> mr. cohen how long did -- how long did you work for donald trump? approximately a decade. mr. cohen how l

robert lighthizer and treasury secretary steve mnuchin have travelled to beijing for the negotiationstor are set to make the return trip to washington, dc. from the mid—19 90s onwards, london's so the house has helped property does make popular make popular private houses. they have open a club in mumbai and another is due to launch this year in hong kong. annual membership fees only thousands of dollars. what do these venues offer business people looking to broaden their network? sharanjit leyl explores the private members clubs here in singapore. housed in a building that's nearly a century old, it has been a hotel, a brothel, and now an exclusive members club. this is one of the founders of the straits clan. the one—time membership fee that averages $3000 and monthly dues it will buy you access to dining areas, bars, workspaces, a spa, a gym, and even the unexpected. welcome. it was important to think about what people enjoy here in asia, in singapore. he tells me that the strait clan has attracted nearly 1000 members in less tha n attracted nearly 1000 members in less than a year

times and wall street journal, citing trump administration officials, us trade representative robert lighthizerry secretary steven mnuchin will fly to beijing next week to meet chinese vice—premier lie he, who will pay a return trip to washington the following week. china's xiaomi ended a tough 2018 on a high. net profit at the world's fourth largest smartphone maker more than tripled compared to the year before. a fall in global sales was more than offset by booming demand in india, where it outsold all its competitors to take a 30% market share. the crisis at india'sjet airways is deepening. the country's increasingly worried government has called an emergency meeting, angry passengers are demanding refunds, and pilots are threatening to strike over unpaid salaries. the carrier has now grounded six more aircraft as it struggles under the weight of debts totalling more than $1 billion. 0ur india business reporter sameer hashmi has the latest from mumbai. jet airways is struggling for survival and the situation is getting worse by the day. the airline has cancelled hundreds of flights in recent

robert lighthizer and treasury secretary steven mnuchin will be in beijing. .e will get rate decisionshere is u.s. retail and auto sales, plus i assume manufacturing. friday, the main event, the payroll report right here in the united states. rosner stilleorge very much with us. what you looking for? we areooking --george: looking for to go down. we do not think it will be as meaningful as people think. jonathan: marilyn? marilyn: we think it will be softer than the market is expecting, but given this environment, it's all very positive. jonathan: greg? greg: it's not just about payrolls. it is important to see how the market reacts to softer data. if the bond market does not really move, that is a mixed .ignal jonathan: we have been willing to give the policymaker the benefit of the doubt. that the bondsure market rallies. i think there's some quarter end of fact. i think that's an opportunity to get long. jonathan: do you think it might be higher? just for the short-term, but for the longer term you're going down. jonathan: marilyn? market reacted so vigorously. in the eurozone and j

the chinese vice premier goes to washington after robert lighthizer and steven mnuchin visit beijing.get rate decisions from australia and india as well in terms of economic data there's plusretail and auto sales a slew of pmi's and finally on friday it is the main event. the payrolls report here in the united states. still with us, greg peters and george rosneft. looking ahead to payrolls, what are you looking for? george: we are looking for it to go down a bit. we think that will decline. marilyn: i think we are looking for something a little softer than the markets are expecting. in this environment given it is , full employment economy, that is positive. greg: big week across the board. what is more important is what markets react to softer potential data. if you get a situation where the data comes in week -- comes in weak and the bond market doesn't move or sells off, that is a signal. jonathan: how do you think the market will respond to weaker data? we have been willing to give the policymaker the benefit of the doubt. the ability to stabilize. is that faith being tested? geor

trade representative robert lighthizer and trey ticket terry secret -- trade secretary steven mnuchinvisit. u.s. negotiators are voicing concern china is backtracking on earlier pledges. a southwest airlines boeing 737 max 8 airliner made an emergency landing in orlando, florida tuesday. southwest saying pilots reported a performance issue with one of the planes engines. no passengers were onboard. the engine problems appear unrelated to the control software problem that contributed to a pair of recent crashes. the is investigating. houston's refining industry may be on the verge of a crude supply shortage because for a fourth date, safety concerns are still restricting traffic on the houston ship channel. a chemical fire spewed toxins into the air, and you can see this plume of black smoke. that prompted the coast guard to step in. the key waterway connecting local oil refiners and chemical companies to the gulf of mexico. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm viviana hurtado. th

trade representative robert lighthizer travel to beijing next week for talks with china's vice plea pr. trump will meet with a business round table in washington today which represents the ceos of major u.s. companies. lauren: let's go overseas. the british prime minister formally asking for a delay in the country's exit from the european union. she sent a letter to the e.u. council president requesting a delay until june 30th saying she needs more time to convince parliament to pass her deal. they didn't pass it two times. she went on television last night to tell the british people she was just as tired that's are. >> two years on, m.p.s are unable to agree on a way to implement the u.k.'s withdrawal. as a result, we will now not leave on time with a deal on the 29th of march. this delay is a matter of great personal regret for me. lauren: the e.u. is set to leave a week from tomorrow. officials suggested a short delay is possible. cheryl: well, a shocking report from some ford owners. a growing number of them have filed complaints about possible carbon monoxide leaks. at least 3,000

the chinese vice premier goes to washington after robert lighthizer and steven mnuchin visit beijing.e decisions from australia and india. plusretail, auto sales manufacturing results and pmi's. finally, the main event on friday. the payroll report in the u.s. guys, let's begin with you george. what are you looking for on payroll friday? >> we're are looking for it to go down. we think that will decline and not be as meaningful. >> we are looking for something potentially softer than the market is expecting. given it isronment, full employment economy, that is positive. >> big week across the board. whatis more important is markets react to softer potential data. weak and the bond market doesn't move or sells off, that is a signal. jonathan: how do you think the market will respond to weaker data? we have been willing to give the benefit of the doubt. the ability to stabilize. is that faith being tested? >> i don't know about the faith itself. i'm not sure the bond market rallies continues now. effectse quarter end that come in and you see things back off a little. opportunity to get

trade representative robert lighthizer has testified that china wants the tariffs gone for good, neverreturn. the u.s. would like to use those as part of the enforcement mechanism if china doesn't follow through. the market pricing in a deal. listen. >> trump gets some of what he wants, not everything that he wants, but he can declare victory. it's priced into and expected by the market. reporter: there are signs of some compromise. the head of the chinese central bank spoke today and he said that he would be willing to open financial -- he said opening financial markets for say visa, mastercard, american express, also banks, would do more good than harm for the chinese economy. he did go on to say that there needs to be more regulation as they open these markets. also, the chinese have passed that law, foreign investment law, that goes into effect on january 1st, 2020. that law bars companies or employees as well as banking or government agency officials from demanding trade secrets from companies. it does not, though, account for what the enforcement mechanism in that, that still nee

just yesterday the top trade representative, robert lighthizer was meeting with his counterpart christariedland, who gave this warning in canada's involvement in the trade ratification. saying following, quote, in order to move ahead with that deal i think canadians feel the right thing is there should be no 232 tariffs, retaliatory tariffs between our two countries. that is what i expressed clearly to ambassador lighthizer, those 232 tariffs, steel and aluminum tariffs that canada wants off, off imposed from their country. something that probably is going to come up in this meeting here at the white house next hour. as it relates to health care, charles, there was a very big shift from the trump administration from the department of justice just yesterday as the doj announced that it believes the affordable care act should be repealed in its entirety. the president was asked about this up on capitol hill as he went into the lunch meeting. he is embracing trying to remake health care. watch here. >> let me tell you exactly what my message is. the republican party will soon be known as t

robert lighthizer says china has offered to buy u.s.oods and it is not enough to resolve the trade war. >> i don't believe this is going to solve all the problems between the united states and china. we have very different systems. >> he may be trying to dial back expectations, both with the public, as well as with his boss. they're not wanting to base this on more just soy beene -- soybean and boeing airplane purchases by the chinese, but they want some sort of deal that will set in place changes that will -- what the u.s. feels will be leveling the playing field before u.s. companies in china. >> president trump's second summit with kim jong-un has fallen apart without an agreement. south korean stocks and the currency plummeted after future talks of north korea's nuclear program were thrown into question. pres. trump: you always have to be prepared to walk. i want to do it right. i would much rather do it right than do it fast. >> we have known from the get-go that north korea has wanted sanctions lifted. this is a country that has s

. >> thanks, brian well, the trade representative robert lighthizer and steven mnuchin have arrived in beijing. they had told reporters that the two are looking forward to productive meetings. the commerce ministry also confirmed that the two are going to be having dinner tonight with the chinese vice premier where they're going to be talking trade and then continuing those conversations for the full day tomorrow the ministry also said that since the last round of talks, much progress has been made over the phone, but that a lot more work still needs to be done. sources who have been -- who are familiar with the negotiations have been telling me that the two still have to work out the undefined terminology in the text of the agreement. they also have to find a way to make the deal enforceable and clarify how and when tariffs will be imposed as well as close the gap on structural issues however, u.s. officials told reuters that they feel that the chinese have gone farther than they ever have in the past when it comes to the force technology transfer issue, saying that the scope and the

delegation led by steven mnuchin and robert lighthizer is heading to beijing hoping to close a deal by the end of april. a deal appeared to be at hand late in february but that unraveled after chinese negotiators saw red flags in the failed summit between the u.s. and north korea. lauren: president trump is touting strong ties between the u.s. and brazil as the country's leader visited washington. >> reporter: president trump says he wants to elevate brazil to a major non-nato ally and he and president boldesaro want to create a closer trade relationship. >> we look forward to a deeper partnership and working together. in our meetings we also discussed the strong economic ties between our nations, grounded in the principles of fairness and reciprocity, my favorite word, reciprocity. >> reporter: the two presidents also expressed support for venezuela and the true president of venezuela, juan guaido. president trump saying that all options are on the table to get maduro out of power. this is a wide-ranging press conference the president had yesterday where president trump also talked ab

trade representative robert lighthizer said we are going to see shortly when the president's patience runs out so we will know one way or another if we can come to an agreement or not, probably by mid to late april. this trade war actually benefits brazil, whose president is here at the white house. the brazilians are selling more soybeans to the chinese, picking up the slack from what they are not buying from the u.s. their soybean export is set to become the largest soybean exporter in the world because of this situation. president donald trump saying he stands with the president of brazil in promoting democracy around the country. they talked about venezuela. that has brought the two presidents very close together. venezuela helping the united states bring aid to those people in venezuela who sorely need it there. brazil's president was one of the first to recognize juan guaido as the legitimate president of venezuela. brazil also saying that they want a trade agreement with the united states. president donald trump open to that. this new president in brazil is known as the trump o

robert lighthizer will fly to continue the talks.goal is to close a deal by the end of april to end the year long dispute between the two largest economies. >>> opening arguments are expected to begin today in the damages phase of the trial involving monsanto's roundup weed killer and its alleged links to cancer. yesterday a federal jury ruled that exposure to the company's roundup herbicide was a substantial factor in causing a california man's cancer. it was the second jury verdict to find that roundup caused non-hodgkins lymphoma. a jury will determine monsanto's financial liability. >>> meantime, facebook is overhauling its targeted advertising system after la orimi. the company is removing age, gender, and zip code targeting for housing, employment, and credit-related ads. the move comes as part of a multilawsuit settlement with plaintiffs. facebook was fined just under $5 million. >>> and big news for gamers -- "call of duty" is coming to your smartphone. "call of duty mobile" will begin demo testing this summer for players in

trade representative robert lighthizer have landed once again in beijing, as we said. this is their fourth trip now, hoping to close that elusive trade deal with china. but remember exactly one month to the day ago, secretary mnuchin revealed the u.s. was readying it was a 150 page trade document. in an interview with the south china morning post, frequent "countdown" guest michael pillsbury and the man the president called quote, the leading authority on china, said he does not think a deal is close between china and the u.s. because the chinese haven't even seen a chinese language draft of that trade document yet. they can't agree to it, michael pillsbury says, if they don't have it in their language. they need the version in mandarin so they truly understand what's at stake. chinese ministry of commerce spokesperson telling reporters china's leaders quote, always believe that cooperation is the best choice for china and that the u.s. says isn't just beneficial for the two countries but for the entire world. this as white house economic adviser larry kudlow is kind o

will come close on the heels of a trip to beijing by steven mnuchin and trade representative robert lighthizer. the details revealed saturday about the timing of the visit offered a new hint of optimism as talks on the trade agreement between the two worlds biggest -- world's two largest economies. chinese president xi jinping recruited italy's populist government into the global belt and road development project. the two countries signed a memorandum of understanding in rome, sealing rome's participation. italy's the first g7 nation to volunteer for a role in the program. chinese and a telling companies signed a 10 agreements, potentially worth as much as $23 billion. israeli prime minister benjamin netanyahu denied profiting from a state contracts to buy submarines from a german conglomerate. in an interview to a television channel, he called the claims from a political rival blood libel. netanyahu held and accompanied became -- in the conglomerate. netanyahu insists he reported the holding and shares, then selling them and paid the appropriate tax on the gains. about 51 million people are h

the chinese vice premier goes to washington after robert lighthizer and steven mnuchin visit beijing.t rate decisions from australia and india, as well. u.s. retail, auto sales plus manufacturing results and pmi's. and finally on friday, it's the main event. it's the payroll report in the u.s. still with us, guys, let's begin with you george. what are you looking for on payroll friday? george: we're looking for it to go down a little bit. we think that it'll decline and not be as meaningful. marilyn: we're looking for something potentially softer than the market is expecting. in this environment, given it's a full employment economy, we've added jobs. that's positive. greg: i think it's a big week across the board. what's more important is what markets react to softer potential data. if it comes in weak and the bond market doesn't really move or sells off, that's a signal. jonathan: how do you think the market will respond to weaker data? because we have been willing to give the benefit of the doubt. the ability to stabilize the situation. is that faith being tested? george: i don't k

robert lighthizer told the senate finance committee the u.s.have the ability to counterigher duties to any potential violations of a deal. his comments pushback at speculation that an agreement would see the two sides lift tariffs immediately. bankers hasan sachs been banned from the industry by the federal reserve for their roles in malaysia is missing scandal. the pair coordinated bond offerings that allowed cash to be stolen from the state investment fund, 1mdb. andtner has been fined pleaded guilty to charges including conspiracy and money laundering. the chrysler building could be reborn as a hotel after its latest change of ownership goes through. sources say the tower is being for 151by rfr holding million dollars. it is significantly less than the $800 million the abu dhabi investment counsel paid in 2008. they say they would consider me then of a new -- consider renovating the hotel. global news, 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am debra mao.

will come close on the heels of a trip to beijing by steven mnuchin and trade representative robert lighthizerthe details delivered saturday about the timing of the visit will offer a new hint of optimism as talks on the trade agreement between the two worlds biggest economies continue. chinese president xi jinping recruited italy's populist government into the global belt and road development project. the two countries signed a memorandum of understanding in rome, sealing runs participation. rome is the first g7 nation to volunteer for a role in the program. chinese and a telling companies signed a 10 agreements, potentially worth as much as $23 billion. israeli prime minister benjamin netanyahu denied profiting from state contracts to buy submarines from a german conglomerate. in other interview to a television channel, he called the claims from a political rival blood libel. netanyahu held and accompanied conglomerate.he he insists he reported the holding and shares, then selling them and paid the appropriate tax on the gains. global news, 24 hours a day on air and at tictoc on twitter, pow

. >> trade representative robert lighthizer and treasurte secretaryn mnuchin are in beijing for their talks with china's vice premier. the two sides are going to hold discussions all day on friday and said that a lot more needs to be done. "the wall street journal" is reporting that the chise side offering to make concessions to give access to the country's cloud competing industry. under the proposal, foreign tech firms would be allowed to own data centers as p pt of aot in a free trade zone. this is the second report indicating that chi is making offers in its technology sector. trump administration offtoials reuters that the chinese have put forth proposals on forced tech t transfet have gone further in the past in their size and scope. the reuters report said u.s. officials want to keep some of the tariffss leverage ove the chinese, but whether thene chi ill wanting to do that seems unlikely. sources familiar with the talks have t td met the two sides still need to clarify how and when tariffs wl be imposed, nail down undefined language and find a way to make the deal enforceable.

us treasury secretary steven mnuchin and us trade representative robert lighthizer are meeting china's a full day of negotiations on friday — with both sides warning there's still a lot of work to be done. five of the uk's largest airlines are facing legal action which claims pilots and cabin crew are regularly exposed to toxic fumes during flights. the unite union says legal notice has been served in 51 cases, the majority of which are against british airways as well as easyjet, thomas cook, jet2 and virgin atlantic. the airlines say that previous studies found no proof of long—term ill—health arising from cabin air quality. china's tech giant huawei says it made record revenues last year, despite controversy around the world over the security of its products. sales of its smartphones soared — it may be on track to leapfrog apple and samsung to become the world's market leader this year. christine hah is in singapore. it's doing well despite these issues and controversies over security worldwide? yes. if you remember, this is the company that the us says could help china spy on the wo

. >> robert lighthizer today also confirming our new trade deal with mexico and canada will come to congressmonth for ratification. and adding that white house is working with the canadian and mexican officials to find a compromise on u.s. steel and aluminum tariffs. we want to hear your thoughts, share your comments, follow lou on twitter. and facebook and instagram. >> coming up, after walking away from president trump's agenda, american people paul ryan is projecting a loss for the president in 2020. we'll take up that, next with ed rollins. but before a break, a look at u.s. national debt, 22 trillion dollars, and climbing. we're back right after this. david: former lame duck speaker paul ryan, giving his take on president trump's chances in 2020 election, saying that person that definds that race will win that race. if it is about donald trump and his personality, he is not going to win it. from the man who oversaw a republican loss of 40 house seats in 2018. joining me now, fox business political analyst, ed rollins thank you. >> thank you. david: in addition to paul ryan you have jeff

trade representative robert lighthizer and treasury secretary steven mnuchin hope to nail down a dealina, but a chinese spokesman says there is still a lot of work to be done. a major sticking point centers on enforcement of u.s. intellectual property protections. meeting wednesday with president trump and top pentagon officials, the agen da centered on national -- the agenda centered on national security. giant alsohe tech declined to renew a defense department contract. he president later tweeting is "totally committed to the u.s. military." with brexit dragging on, some of the u.k.'s top civic leaders want to give their people a vote. london mayor sadiq khan speaking with bloomberg. mayor khan: it is clear there sopartisan deadlock, the best thing is to give the british public a say with the deal that has the best support in parliament and the option of staying. viviana: now the parliament has signaled it is willing to back a softer departure from the european union, but no single option managed to commanded a majority. prime minister theresa may must now decide if she will bring h

robert lighthizer and stephen mnuchin will have talks thursday and friday.na is backtracking on earlier pledges while beijing is pushing back at proposals it sees as one-sided. two new bloomberg surveys sees the pboc less aggressive while maintaining steady injections of liquidity. we spoke to said policy makers will continue to reduce the amount of money lenders must keep in reserve. the earliest cut is expected next quarter, with two more in the second half and three 50 basis point moves. israel moved tanks to the border of gaza after threatening a powerful response of rocket attacks. follows a night of violence after militants continue their missile strikes. the violence comes to weeks before the israeli general election. vowed not to escalate the tension. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am jessica summers. this is bloomberg. let's take a look at how markets are faring in the early session. mixed: we're looking at a picture. led lowercks up 0.4%,