called "whose trade organization? and the idea with this book basically was to take something, the w.t.o., the world trade organization agreement that is very complicated and complex, intentionally written, in a foreign language i jokingly call g.a.t.-ese because one of the agreements is the old general agreement on tariffs and trade and unless you have a fair fluency with gat-ese you can read lines of the text and a lot of opinions and it may not really be understandable. so our job basically was to translate from gatt-ese into your life -- what the world trade organization was about. and the reason we did that, to give a little context before talking a little about what we found, is because the w.t.o. is one of the key instruments of a broader phenomenon, globalization. now, everyone hears that word kicked around. what does globalization mean? it means a lot of different things. but the current version of globalization would probably be best described as corporate globalization. and it is comprised of a specific set

only any action taken to the wall trade organization will be just symbolic cause you pointed out as you mention there there is currently no trade dispute settlement in place what we will see for sure is an increase of course on life to create tensions at a time where word ministration will be turning all its attention to the e.u. next that weeks and more now that the. chinese signed u.s.m.c. approved by the senate on a limited to a the agreement with japan already mostly implemented the only major u.s. trade partner with a trade deal insight into europe there are plenty of tensions already sold out any all the ones that will increase that are normally will city among that washington and brussels for short totally mr howard thanks as ever for your insight. amazon boss death days us has used his 3 day visit to india to announce a $1000000000.00 investment in digitizing small and medium businesses in the country but not everyone is seeing it as a gift india's competition commission is currently investigating the company for engaging in anti competitive practices and many small businesses a

the world trade organizations been very unfair to the united states for many many years. and without it china wouldn't be china china wouldn't be where they are right in china that was the vehicle that they used and i give them great credit and i also don't give the people that were in my position great credit because frankly they let that all happen but the vehicle was the world trade organization and roberto and i have a tremendous relationship and we're going to do something that i think will be very dramatic. he'll be coming with a lot of his representatives to washington sometime maybe next week or the week after and we'll start working on it so i'd like to introduce just for briefly roberto and say a few words on behalf of the deputy oh and then i'm going to introduce larry kudlow to say exactly where we are in terms of our economy some of you know but we've had some tremendous numbers just over the very recent past so please refer to. thank you mr president and i think it's. fair to say that we have been saying for quite some time that if the multilateral system if

the world trade organization has been very unfair to the united states for many many years and without it john it wouldn't be china china wouldn't be where they are right in china that was the vehicle that they used and i give them great credit and they also don't give the people that were in my position great credit because frankly they let that all happen and again we must point out whether you agree with that sentiment or not the trump administration has hamstrung the w t o in recent years by blocking the naming of new judges to the appellate body which makes trade rulings now the body can support 7 judges needs 3 to make a ruling and currently only has one in place but there is a bright side here president trump says w o t o director roberta as bedo will travel to washington in the coming weeks to discuss the dips between the organization and the u.s. and there's a lot to go over here and for expert analysis we are joined by professor richard wolffe host of economic uptick richard thank you so much for joining us today. glad to be here now there's a ton to go over here and i know a

one is not hurting the 3rd parties and the 2nd one is sticking to the principles of the world trade organization china's imports are actually based on the market principle on the rule of supply demand. enterprises import according to consumers demand and the supply demand relationship of the market imports will be scrupulously checked by domestic consumers. so generally we believe that it won't hurt the interests of 3rd parties. to the design of the the chinese vice premier speaking there and now to some of the other global business stories making headlines microsoft's chief executive has promised to remove all the carbon his company has emitted from the environment since it was founded back in 175 against it chivo by 2050 by becoming carbon negative by 2030 google parent company out of it has become the 4th company to be valued at one trillion dollars the company's stock traded at a record high at the new york stock exchange on thursday adjoins amazon apple and microsoft in the so-called trillion dollar club china's birth rate dropped last year to its lowest since the communist country was foun

only any action taken to the wall trade organization will be just symbolic cause you pointed out as you mention there there is currently no trade dispute settlement in place what we will see for sure is an increase of course on trade tensions at a time where ministration will be turning all its attention to the e.u. in next week's in more now that the. chinese signed the u.s. embassy approved by the senate and a limited trade agreement with japan already mostly implemented the only major u.s. trade partner with a trade deal insight into europe there are plenty of tensions already so does any of the ones that will increase. among that washington brussels for short only mr howard thanks as ever for your insight. the u.s. senate has voted overwhelmingly in favor of a new trade agreement with canada and mexico the deal is an updated version of the former north american free trade agreement which predated the age of digital cameras and which u.s. president donald trump claims let a lot of american jobs mexico has already approved and. it's due to the same time more makers reconvene in ottawa

the world trade organization has been very unfair to the united states for many many years. and without it john it wouldn't be china china wouldn't be where they are right john and that was the vehicle that they used and i give them great credit and they also don't give the people that were in my position great granted because frankly they let that all happen and again we must point out whether you agree with the sentiment or not the trump administration has hamstrung the w t o in recent years by blocking the naming of new judges to the appellate body which makes trade rulings now the body can support 7 judges needs 3 to make a ruling and currently only has one in place but there is a bright side here president trump says w t o director roberta as bedo will travel to washington in the coming weeks to discuss the dips between the organization and the u.s. and there's a lot to go over here and for expert analysis we are joined by professor richard wolffe host of economic uptick richard thank you so much for joining us today. glad to be here and others a time to go over here an

one is not hurting the 3rd parties and the 2nd one is sticking to the principles of the world trade organization. china's imports are actually based on the market principle on the rule of supply demand. enterprises import according to consumers demand on the supply demand relationship of the market. imports will be scrupulously checked by domestic consumers so generally we believe that it won't hurt the interests of 3rd parties you can show. you're going to design the the chinese vice premier speaking there and now to some of the other global business stories making news microsoft t.v. executives such an adult has promised to remove all the carbon his company has emitted from the environment since it was founded back in 975 dame succeeds the role by 2050 by becoming carbon negative by 2030 this parent company abbott has become the 4th company to be valued at a trillion dollars the firm's stock traded at a record 1.45 dollars a share in new york on thursday he joins allison apple and microsoft in the so-called trillion dollar club. japan's environment minister has become the 1st cabinet member to

drop in sales figures if there's no deal by the end of the year in which case standards world trade organization trade rules would apply the u.k.'s b.m.w. factories employ many e.u. citizens what will happen to them must also be negotiated. as another setback for the us campaign to stop china's fall away from building 5 g. networks over worries of spying the e.u. is urging member states to screen supplies for security risks but it stopped short of any bans. the european commission says member states should consider banning high risk 5 g. technology suppliers from its most sensitive assets but. stopped short of naming china while way the company is the global market leader in 5 g. technology which in turn is considered crucial for the digital future increasing connection speeds and possibly revolutionizing medicine agriculture and energy grids 5 she will make a positive difference says margaret divest aga the european commission's executed fice president and digital economy chief but only if its networks could be secure as many critical services row depends on 5 g. ensuring the security of networ

drop in sales figures if there's no deal by the end of the year in which case standards world trade organization trade rules would apply the u.k.'s b.m.w. . factories employ many e.u. citizens what will happen to them must also be negotiated. now everyone knows that smoking is bad for your health but that's about the industry still thriving in 2019 global sales of cigars worth $17000000000.00 for africa it's worth some $916000000.00. cigar lounge in my puto the capital of mozambique it's a refuge for enthusiastic and ever growing middle class meets here to celebrate the pleasure of a good cigar. b.c. . i started smoking cigars 10 or 12 years ago i tried bongani cigars recently and noticed they're getting really good and it's nice to have a cigar that was rolled in mozambique made and produced here in africa. made in africa maybe mozambique. bongani out a leaf comes from cameroon and the tobacco is from mozambique each cigar is rolled by head and it's a skill that needs to be learned the company employs 5 cigar rollers together they produce $10000.00 cigars a month. and find more of our kids bong

center for international political economy and a former swedish representative to the world trade organization at in new york phil caruso he's a member of the defense council at the truman national security project and a former and telethons officer in the u.s. air force welcome to all of you i'm going to start with you dan how would you characterize this new deal this new agreement to me this is a very shallow deal is still in is because basically it's about china committing to buy more stuff from the u.s. and in a way it is a mission impossible because there's no way that china can buy this 200000000000 from the u.s. without jeopardising is a relationship with other trading partners and at the same time china also said it won't increase domestic physical suppose subsidies and it can achieve this goal in the trade to you at the same time and those 2 things can all be done simultaneously so you any case i think this is actually more wind to the u.s. side rather than to china ok you have described this as a as a ceasefire more than a deal how so. well it is a very short and shallow agreement bu

to be here and others a time to go over here and i know as i was saying there with the world trade organization. it's kind of been hamstrung by the trump administration they have been naming judges to the appellate body they're supposed to be 7 they need 3 to make rulings right now there's only actually one. it's not a particularly popular organization but professor wolf what do you make of the president's comments about not being treated fairly by the w.c. oh. well i think it's a consistent message that he has been giving out even before he became president his posture which i believe is designed to get him reelected is that he's protecting the united states from the mean nasty foreigners who are taking advantage of us he's going to correct the misbehavior of past presidents who weren't vigilant and tough enough the way he is this is not a very subtle message he went after the canadians and the mexicans around nafta to begin with then he did his 2 year long attack on china and so now since that's kind of old moves and people don't find it all that exciting and the damage that this is causing i

the current terms were levied after the world trade organization said the us was allowed to stop terroron seven and a half billion dollars worth of european products the ruling came after fifteen years of litigation. which the us said the eu was unfairly subsidizing air plane maker airbus a larger dispute that one importers say could sink their business. we are frantically air freighting. wine from france a hundrdred percent. terror of will kill our business. the largest foreign market for french wines the us imports some seven hundred million euros worth every year not to mention spanish and german bottles that have also been hit by terrorists. european and american negotiators have given themselves until the end of the month to work out a deal to avoid another terrified one that could otherwise make drinking french wine on a portable luxuxury. the markets have welcomed that easing of trade tensions between the us and china anyway- wallstreet soaring to new highs once again so the s. and p. five hundred breaking above three thousand three hundred for the first time. meanwhile as the cl

drop in sales figures if there's no deal by the end of the year in which case standard world trade organization trade rules would apply the u.k.'s b.m.w. factories employ many e.u. citizens what will happen to them must also be negotiated. and also some of the other business stories making news all joined shell is trading lower after slashing its profit report by half to 2 point 9000000000 dollars shell blame to the oil and natural gas prices for the drop and wanted would slow the pace of its planned stock buyback program. swedish fast fashion brand h. and m. says its sales are up 11 percent to over 23000000000 euros the growth was driven by a strong store in online sales in developing markets like india russia and mexico although soaring sales figures fit in well with our next story did you know that the clothing industry produces more emissions than ad travel and shipping combined in fact more than 5 percent of global emissions come from closing alone and it's rising because the fashion industry churns out new collections on an almost weekly basis but this combination of cheap and fast fashio

drop in sales figures if there's no deal by the end of the year in which case standards world trade organization trade rules would apply the u.k.'s b.m.w. factories employ many e.u. citizens what will happen to them must also be negotiated. and also some of the other business stories making news in its annual economic report the german government forecasts a 1 point one percent rise in gross domestic product during 2020 that's likely up on the barely one percent forecast only a few months ago after a year of sluggish growth and falling exports berlin says the country is slowly overcoming a weak. germany's lufthansa group has joined the other carriers and suspending flights to china following the coronavirus outbreak that has killed over 130 people tons of swiss international and australian austrian allies will avoid china till february the 9th will continue to fly to hong kong to take no bookings for mainland china until the end of february. is present on a time pass signed a revised trade pact between the united states makes a cut in canada into law he hailed the u s m c a as a tremendous break

next on history bookshelf, from lori wallach talks about her book "whose trade organization?" at nprarks were recorded in washington, d.c. in 2004. >> welcome to the second event in the event series for the everett public service internship program.

last month the watch trade organizations appeals court for dealing with trade disputes effectively collapsed when the u.s. blocked the appointment of new judges to it when now the here opinion union china and 15 other countries have agreed to create an ad hoc appeal body to overcome the u.s. blockage and to continue to have access to an impartial and high quality dispute settlement system. amid the snow capped peaks of devils last week something of a thaw set in on the chilly topic of world trade several countries trade negotiators met at the annual world economic forum gathering to agree a way forward for the w t o system for settling international trade disputes when the us blocks the appointment of new judges in december to the w t o's body the supreme court of trade dispute appeals that body ceased to function but the e.u. has managed to agree a temporary dispute settlement system with china and 15 other countries including australia canada says korea and brazil w t o head roberto azevedo said an overall solution was still being soft but that the temporary arrangement would work for now.

the world trade organization has been very unfair to the united states for many many years and without it john it wouldn't be china china wouldn't be where.

prosperity the need to reverse protectionist trade measures a result the impasse over the world trade organizations appellate court. they must adopt strategies to limit the rise in temperatures of the severe consequences of weather related national disasters the new international taxation regime is needed to adapt to the growing digital economy and to curtail tax avoidance and evasion while assuring that all countries receive their fair share of tax revenues or protesters are also calling on wild vegas to do more to tackle climate change hundreds of activists have marched for 3 days across with us they say those attending the meeting are largely responsible for the climate crisis well our diplomatic editor james bays joins us live now from davos jane is one of those attending as we've been saying is u.s. president donald trump and he is expected to speak in just a few hours any idea what he's likely to say. well actually the president landed in switzerland air force one landed about half an hour ago we're expecting him in the next few minutes the sound of helicopters over our heads landing here in

hasworld trade organization been very unfair to the united states for many, many years. without it, china would not be china. they would not be where they are. that was the vehicle they used. i give them great credit and i also don't give the people in my position great credit. they let that happen. the vehicle was the world trade organization and roberto and i have a tremendous relationship. we are going to do something that will be very dramatic. he will be coming with a lot of representatives to washington sometime next week or the week after and we will start working on it. i would like to introduce for a brief moment roberto and say a few words on behalf of the wto. larry inl introduce terms of the economy. we have had tremendous numbers over the last very recent past. roberto? >> thank you. thatnk it is fair to say we have been saying for quite wto is tothat if the deliver and perform its role in today's economy, it has to be updated. reformed,be changed, this is an agenda that is squarely before members. nobody in geneva misses the point. they understand the syste

. [♪] president trump: since china joined the world trade organization two decades ago we racked up $5ions and millions of manufacturing jobs and saw tens of thousands of factories close it was easy pickings. lou: but no more. president trump at the signing of his historic trade deal with china. today's event sending markets to record highs. finishing you have 91 points -- finishing up 91 points. the nasdaq up 7. volume on the big board 3.8 billion shares. the largest volume date so far in his new year. japanese car maker nissan recalling 346,000 of its vehicles in this country for faulty takata airbag inflators. nissan says the airbags can explode and project pieces of shrapnel. a reminder to listen to my reports three times a day coast to coast on the salem radio network. throughout the president's three years in office, vice president mike pence has been you are -- n unwavering in carrying out the president's agenda. today i had the opportunity to sit down with vice president pence and discussed the historic trade agreement with china. congratulations to you. and the administration.

major export for german goods as they're going to be much loved being a spinoff from german trade organizations as the trade negotiations going on the way because we're talking about huge numbers of german exports here some 75000000000 euros worth a year of german exports go to the u.k. and already we're seeing a shift the u.k. is gone from being the 5th most important export partner of germany down to this is down to the sevens already. a lot of german businesses are chomping at the bit now ready to see exactly what will come of these negotiations and and certainly what they are looking for is certainly avoiding the u.k. crashing out of the customs union of the single market come december 31st of course that would have huge negative impacts on german business more than any other. economy so at the moment they are very much lobbying for a smooth transition and one that continues to see german exports to the u.k. continue to grow which has not been the case in since the referendum. due to replace all cars will take brady thank you. well have brussels got a smaller go massa's has been closely fol

states and china finds a one of their trade deal the european union says it may violate world trade organization rules and we'll bring you the latest. also coming up irony or chivalry alan they've all ted has to invest billions to indian business has a very kind many accuse his company.

and important here. >> we actually have had a mechanism for decades, it's called the world trade organizationd it failed. this is the big problem. art laffer just took us down a reck by yum for 20th century trade policy. the whole point of this trade war was not just to sell more soybeans and hogs to china, it was to aaffect fundamental change in china, to move them away, to give them incentive to move away from a kleptocracy, a economy based on funding state-owned enterprises, on stealing intellectual property from the west x this doesn't really do that. the agricultural changes, a lot of that will just be hogs that they need to purchase because they've been decimated by swine flu. the manufacturing will be a single charge-up from the selling of boeing 737 maxs when those come back on. you know, it's not as much as was originally billed. stuart: okay. all right, christian, you got your two cents in there, lad, and your time's up. [laughter] no, no, no. look, your opinion is welcome, it's valid, and we appreciate you being with us today, christian. >> thank you. stuart: you calmed down the eu

agreement with enforceable terms in it we got enforcing not a bureaucrat in geneva or's world trade organization or a corporate lawyer who are bought and sold by chinese lobby down the line, we decide if china is living up to the agreement, if not we impose tariffs, or i read the agreement withdraw from the agreement, which has never been in a trade deal before. >> thank you for joining us, this seems smart to put negotiation on phase 2 off during campaign season. what we saw during phase 1, was back and forth negotiating, disappointment followed by allaying do you technology would smart so say let's make sure this works properly, when i am rire-- reelected we'll tackle phase two. >> i agree, that is essentially what president said, these tariffs remain in place until phase two. right now, i believe you said before business has certainty, 25% tariff remain in place. they can now start planning on investing in the united states right before i went on, i was talking with someone with a textile mill in north carolina they have invested a half billion in local economy there, and their clan and capit

you what i think, it's such a hoax, so bad for our country when we have the head of the world trade organization here and he has to listen to this nonsense about a call that was perfect, that nobody talks about, i've never seen them talking about the transcription. i never see them talking about the call because there's nothing to say. you read it. somebody should sit there and read it. and everybody is going to say, you mean, that's an impeachable event? if that were impeachable, lyndon johnson would have had to leave office his first day. kennedy would have had to leave office his first day. it's a hoax and you understand it's a hoax better than anybody. it's a hoax and that's the way it is. >> initially you said repeatedly to americans that after iran retaliated for the soleimani strike, no americans were injured. we now know at least 11 u.s. servicemen were airlifted from iraq. can you explain the discrepancy? >> no. i heard they had headaches and a couple other things but i would say, and i can report it is not very serious. >> you don't consider potential brain injuries serious? >> you wou

the world trade organization as gaming the system, if you will. estion has been from the administration that they have done something about that, that these have teeth, that the u.s. trade representative will be able to play a role in determining if china has run afoul of these new rules. is that a step in the right direction? >> there is a step in the right direction and that is certain sections of the three oh zero onetariffs will remain in e because that deal is going to lift some of the new tariffs buy are talking about a dispute mechanism which is probably insubstantial in the reason is we can always talk to the chinese about disputes on trade. we don't need a formal mechanism that is just going to bog things down like the world trade organization resolution mechanism, that bogged things down as you point out. the chinese just a game dead. >> charles: they did game it and it by the way has no teeth. there is no feeling that china blinked, if you will, because of their economic situation. sort of opaque when it comes to the nitty-gritty but the

had a president but show little regard for the liberal world order attacking allies the world trade organization he's demoted the the reassuring of industry whichever way you look at it how is that going to change the way the world works in 2020 if you're absolutely right people are going to be watching the u.s. campaign more closely than ever and it's probably one of the more important presidential campaigns in recent memory and before we even know the final candid it pairing the very fact that there's a presidential campaign in united states next year runs the risk of changing geopolitics a little bit there are a few things that we're watching particularly carefully number one of course is the relationship between the united states and china the u.s. economy is fragile and facing a bit of a slowdown and you think that that might force the president's hand to sign some sort of at least preliminary trade deal with china the risk there though is that the deal could be superficial and won't hold up to scrutiny if the president doesn't sign a trade deal with china and the trade conflict escalates o

we are, and whole new structure for the deal or we will have to do something, but the world trade organizationnfair to the united states for many, many years and without it china wouldn't be china, china wouldn't where they are right now, that was the vehicle that they used and i give them great credit and i also don't give the people that were in my position great credit because frankly they let that all happen but the vehicle was the world trade organization and roberto and i have a tremendous relationship and we are going to do something that will be very dramatic, he will be coming with a lot of his representatives to washington some time next week or the week after and we will start working on it, so i'd like to introduce just for briefly roberto and say a few words on behalf of the wto and i will introduce larry kudlow to say exactly where we are in terms of our economy, some of you know but we've had tremendous numbers in the recent past, so please, roberto. >> well, thank you, mr. president, i think it's fair to say that we have been saying for quite some time that if the multilateral

. >> the director of the world trade organization will visit oregon, washington and the next couple of weeks. >>> was a cutest call harvey weinstein a predator. his sexual assault trial began in new york. he limped through the media as he made his way into the courthouse. in the opening statement she laid out the charges saying he forced himself on inexperienced women. more than 80 women have accused him of misconduct but the trial involves just two. prosecutors plan to call four more women. his lawyers say all sexual encounters were consensual. his attorney say they can back that up with affectionate emails from the accusers. >> i expect a number of witnesses to be able to put their emails in context to explain why they continue communication. >> reporter: weinstein said he believes he will have a fair trial. the judge expects that trial to take more than one month. he also faces additional charges in los angeles. >>> just days before the grammy awards the recently suspended ceo of the academy is making explosive claims. deborah dugan says she's being retaliated against for reporting

investment the compliance with that has not been good, but it's been enforced at the world trade organization to a certain level. what you might see in this agreement is repeats of those commitments, maybe more specificity on some of those issues i doubt that we will see more specificity on how to enforce those things, but presumably there will be a provision that says that if president trump determines on his own that the commitments are not being met, he can put the tariffs back on that's what's hanging over the chinese head. >> derek, back in 2015, i believe it was, then president obama had a deal in principle with china regarding cyber theft and cyber crime with china, which china pretty much immediately then broke whatever deal is signed today, do you believe it will be enforced and enforceable >> i have the vag of actually having read the deal the ip chapter, chapter one, is a lot stronger than the tech transfer chapter, but i think both you and joel have pointed to the real point which is enforcement and president trump cares a lot about the trade balance so when i look at the trade ch

officials and it could hurt efforts to negotiate another trump trade priority reform of the world trade organizationand a new trade deal with the united states and european union still trump says he hopes to have a deal before the 2020 presidential election. terms also confirmed he's expanding his controversial travel ban barring citizens of certain countries from entering the u.s. . we're adding a couple of countries to it we have to be safe our country has to be safe. trumps ban sparked protests in the u.s. when he introduced it less than a week after taking office. here. many called it a muslim ban for targeting muslim majority countries like iran and somalia and fought it in court 2018 the supreme court upheld the policy the white house promises countries can be removed from the travel ban list if they step up security but those headlines from trump's impromptu press conference were once again overshadowed by the impeachment trial on capitol hill mr chief justice when trump believes could shape his legacy when i finish i think that this is going to go down as one of the greatest things i've done

and china for example he mentioned the mechanisms that exist at the world trade organization for instance a specific body within it to deal with trade disputes according to surrogate of this particular mechanism isn't something that's working at this point because of sabotage by the u.s. and he also blamed washington for him to deal with these kind of issues one on one it is a trade war between the u.s. and china but according to study law there is an international way of solving is solving this with getting the proper other members of the international community and by using some of the mechanisms that already exist as part of some international bodies that are recognized by all the members of the international community now there were quite a few short answers to questions that came from some of the foreign media in particular and a people journalist asked. about the impeachment proceedings in america to which sergey lavrov said something like. well hey i'm not an american you are this is something for you to assess and this was pretty much the end of it a question came from a journalis

transfer and intellectual property theft have been huge problems since china joined the world trade organization 2 decades ago we have racked up nearly 5 trillion dollars i promised that i would use every lawful presidential power to protect americans from unfair trade and unfair trade practices unlike those who came before me i kept my promise as a result of today's agreements some of the planned tariffs that were going to be imposed on china have been dropped and others have been lowered however much of the tariffs that have been imposed on china over the past 2 years that cost that basically cover roughly 360 $1000000000.00 worth of goods most of that remains in effect now the hope is that when phase 2 goes forward those tariffs will be dropped but that remains. mains yet to be seen the main source of you know the main part of the us economy that has been impacted by these tariffs has been the agricultural sector there's been significant losses due to the tariffs there's been significant decreases and the u.s. and global markets have certainly been affected as well now when the deal was signe

we have the world trade organization.n has no ability to enforce its rulings. it is like they can find china guilty over and over and over and over again, which by the way, they did. so proponents are saying we won in the world trade organization. if china doesn't change its approach, we won zero. it is a joke. an unmitigated joke. here is the beautiful thing. those who say that president trump should wait for the rest of the world, they would never have come to the table. what did they do this week? the european union and japan joined with the united states, and they are formally going to the world changed dominic trade organization, so that you can no longer put entire organizations like steel out of business. the european steel mills, the japanese steel mills. >> sandra: we move on to elizabeth warren, all time high the wake of this trade deal. does that rally continue? it is record-breaking. to speak out absolutely, it continues. it is 100% not the trade deal. it is this economy. let me tell you the corporate earnings