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Aug 26, 2019
08/19
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translating] >> with regard to the japan-u.s. trade agreement, the series of intensive negotiations has been u.s.cted in line how the andement on september 26 how, by now, how we successfully reached consensus with regard to element. i certainly welcome this development. [speaking foreign language] >> and as mr. president has pointed out, next month at the end of september, both of us are going to attend the un's general and so we would like to set the goal for signing this japan-u.s. trade agreement. we still have some remaining work that has to be done at the working level, mainly finalizing the wording of the trade agreement and also finalizing the content of the agreement. we will make sure that our teams will accelerate the remaining goal,o achieve this realizing the signing of the agreement on the margins. [speaking foreign language] that thosevery happy of our teams have been working on this specific issue in a win-win manner bringing both benefits to japan and the united states. in the course of this trade agreement that there
translating] >> with regard to the japan-u.s. trade agreement, the series of intensive negotiations has been u.s.cted in line how the andement on september 26 how, by now, how we successfully reached consensus with regard to element. i certainly welcome this development. [speaking foreign language] >> and as mr. president has pointed out, next month at the end of september, both of us are going to attend the un's general and so we would like to set the goal for signing this...
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Aug 25, 2019
08/19
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u.s.-japan trade deal announcement. right pres. trump: thank you very much. we've been working on a deal with japan for a long time. it involves agriculture and commerce and many other things. it's a very big transaction and we have agreed in principle. it's billions and billions of dollars. tremendous for the farmers and one of the things that prime minister abe has also agreed to is we have excess corn in various parts of our country with our farmers, because china did not do what they said they were going to do and prime minister abe on behalf of japan are going to be buying all of that and that's a very big transaction. so, the deal is done in principle. we probably will be signing at unga, around the date of unga, we all look forward to. we have agreed to every point and now we are papering it and we will be signing at a formal ceremony. and i just want to thank prime minister abe and the japanese people. you have been a fantastic friend and we very much appreciate it. this is a tremendous deal for united states, a tremendous deal for our farmers and agr
u.s.-japan trade deal announcement. right pres. trump: thank you very much. we've been working on a deal with japan for a long time. it involves agriculture and commerce and many other things. it's a very big transaction and we have agreed in principle. it's billions and billions of dollars. tremendous for the farmers and one of the things that prime minister abe has also agreed to is we have excess corn in various parts of our country with our farmers, because china did not do what they said...
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Aug 26, 2019
08/19
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. >> [speaking japanese] [speaking japanese] >> [speaking japanese] >> with regard to the japan-u.s. trade agreement, a series of intensive negotiations has been conducted with ambassador lighthizer in line with the u.s. -japan joint statement on september 26. by now, we successfully have reached consensus with regard to the corn element of both the agricultural and industrial products, and i certainly welcome this development. >> [speaking japanese] >> mr. president has pointed out next month at the end of september, both of us are going to attend the un's general assembly, and on that occasion, we will have the bilateral summit meeting and we would like to set the goal of signing this japan-u.s. trade agreement and seizing that opportunity. we still have some remaining work that has to be done at the working level, namely finalizing the wording of the trade agreement and also finalizing the content of the agreement. but we would like to make sure that our team will accelerate the remaining work, so as to achieve this goal, reaching the signing of this agreement at the general assembly at
. >> [speaking japanese] [speaking japanese] >> [speaking japanese] >> with regard to the japan-u.s. trade agreement, a series of intensive negotiations has been conducted with ambassador lighthizer in line with the u.s. -japan joint statement on september 26. by now, we successfully have reached consensus with regard to the corn element of both the agricultural and industrial products, and i certainly welcome this development. >> [speaking japanese] >> mr....
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Aug 25, 2019
08/19
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general ,ssembly and at that location we certainly would like to set the goal of signing this japan-u.s. trade agreement and seizing the opportunity. we still have some remaining work that has to be done at the working level, namely finalizing the wording of the trade agreement and also finalizing the content of the agreement. but we would like to make sure that our team will accelerate so as wening work, achieve this goal. language]g foreign and i am very happy that both of our teams have been working bringingpecific issue both the benefits to japan and the united states. if we are to see an entry into the course of this trade agreement, i'm quite sure that there will be immense positive impact on both the japanese and american economies. perhaps you may want to discuss the additional purchase of all of that court, because we have a tremendous amount right are working with farmers in making very, very payments for the way they were treated by china. the farmers are very happy, they like their president. they are even happier when they hear you are actually buying their product. perhaps you co
general ,ssembly and at that location we certainly would like to set the goal of signing this japan-u.s. trade agreement and seizing the opportunity. we still have some remaining work that has to be done at the working level, namely finalizing the wording of the trade agreement and also finalizing the content of the agreement. but we would like to make sure that our team will accelerate so as wening work, achieve this goal. language]g foreign and i am very happy that both of our teams have been...
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u.s. u.k. trade deal help offset the economic damage of a no deal bricks it british prime minister boris johnson thinks so but from the u.s. congress there are strong voices of concern we tell you why. and also coming up the drug maker johnson and johnson find over its role in the opioid epidemic in the united states. welcome to the business a mortgage ensemble and good to have you with us now the g. 7 summit in beirut is ended and there were some surprises there including u.s. president on a trump sharing a fun press conference with german chancellor angela merkel and talks of a possible u.s. u.k. trade deal now one that could help offset the economic damage of a no deal breaks it at least that is what british prime minister boris johnson has been touting lately but not so fast the u.s. congress has a say on every trade deal and many congress members fear that a no deal breaks it would return you controls to the irish border undermining the 998 good friday peace agreement which ended 30 years of vio
u.s. u.k. trade deal help offset the economic damage of a no deal bricks it british prime minister boris johnson thinks so but from the u.s. congress there are strong voices of concern we tell you why. and also coming up the drug maker johnson and johnson find over its role in the opioid epidemic in the united states. welcome to the business a mortgage ensemble and good to have you with us now the g. 7 summit in beirut is ended and there were some surprises there including u.s. president on a...
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a few pleasant smiles an exchange of niceties then u.s. trade representative robert light ties are in treasury secretary stephen menuhin got down to business with chinese vice premier her. there was little expectation of an agreement being reached before hand and the likelihood of that probably wasn't helped by the coinciding harsh criticism of china's economic policies by president trump one of his complaints that china makes promises but fails to follow through. and beijing wasted no time in responding and he was not lutetia will mean i think it's meaningless for the u.s. to pursue these maximum pressure tactics when someone is ill it's useless to ask someone else to take the medicine only 5 believe the u.s. should show more sincerity and good faith when it comes to trade negotiations. the 2 sides positions appear to be hardening the white house is already impose tariffs on half of chinese imports and has threatened to go further china has hit back with its own tariffs the result levies on 300 $60000000000.00 into a trade hitting the economies
a few pleasant smiles an exchange of niceties then u.s. trade representative robert light ties are in treasury secretary stephen menuhin got down to business with chinese vice premier her. there was little expectation of an agreement being reached before hand and the likelihood of that probably wasn't helped by the coinciding harsh criticism of china's economic policies by president trump one of his complaints that china makes promises but fails to follow through. and beijing wasted no time in...
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a few pleasant smiles an exchange of niceties then u.s. trade representative robert light ties are in treasury secretary stephen minucci and got down to business with chinese vice premier her. there was little expectation of an agreement being respect for hand and the likelihood of that probably wasn't helped by the coinciding harsh criticism of china's economic policies by president trump one of his complaints the china makes promises but fails to follow through and beijing wasted no time in responding and which aren't even sure will mean i think it's meaningless for the u.s. to pursue these maximum pressure tactics when someone is ill it's useless to ask someone else to take the medicine believe the us should show more sincerity in good faith when it comes to trade negotiations. the 2 sides positions appear to be hardening the white house is already impose tariffs on half of chinese imports and has threatened to go further china has hit back with its own tariffs the result levies on 300 $60000000000.00 into a trade hitting the economies of bot
a few pleasant smiles an exchange of niceties then u.s. trade representative robert light ties are in treasury secretary stephen minucci and got down to business with chinese vice premier her. there was little expectation of an agreement being respect for hand and the likelihood of that probably wasn't helped by the coinciding harsh criticism of china's economic policies by president trump one of his complaints the china makes promises but fails to follow through and beijing wasted no time in...
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Aug 26, 2019
08/19
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u.s.-china trade war. that is a massive cloud on the horizon. his situation persists, people are concerned that china is going to find a way to live without u.s. as quickly as they can't. now they have an incentive to. that is the overriding concern in everyone's mind frame now. taylor: stacy, what is your take on the global supply chain? how much are you able or can you factor in all the uncertainty around patent infringement cases and lawsuits into your analysis on how to value a company? stacy: this is the hard part. the direct impact of this part, it is relatively minimal. on tariffs, which is a cause of this uncertainty, the direct trade between china and the u.s. is less than $9 billion a year. in a context of an industry close to $500 billion, that is a drop in the bucket. same thing with the huawei exposure. new bans and everything. huawei in the whole industry isn't single digits. the worry is the indirect impact. most semiconductors travel between the u.s. and china being impacted by tariffs. it raises prices that drives production and
u.s.-china trade war. that is a massive cloud on the horizon. his situation persists, people are concerned that china is going to find a way to live without u.s. as quickly as they can't. now they have an incentive to. that is the overriding concern in everyone's mind frame now. taylor: stacy, what is your take on the global supply chain? how much are you able or can you factor in all the uncertainty around patent infringement cases and lawsuits into your analysis on how to value a company?...
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Aug 13, 2019
08/19
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the u.s. tradeepresentative's office said, yes there will be 10% tariffs on basically everything else the china i am poverty into the united states with the catch, there are a groupings of items, some 21 pages of items will be exempt from that, or delay the tariffs until december 15th. these are items we're talking about. groups like laptops, cell phones, videogame consoles, toys and some clothing. we're also talking about athletic shoes in the clothing. nike was very concerned about the round of tariffs. so was under armour. the delay gets them through black friday, most of the holiday shopping season. president trump still frustrated he says that the chinese haven't followed through with what they promised him back at the g20 summit, that is buying agriculture. listen. >> they said they would buy farm products. so far they have disappointed me with the truth. they have not been truthful or delayed the decision. it was their intention to buy a lot of farm products. we had a very good call with chin
the u.s. tradeepresentative's office said, yes there will be 10% tariffs on basically everything else the china i am poverty into the united states with the catch, there are a groupings of items, some 21 pages of items will be exempt from that, or delay the tariffs until december 15th. these are items we're talking about. groups like laptops, cell phones, videogame consoles, toys and some clothing. we're also talking about athletic shoes in the clothing. nike was very concerned about the round...
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u.s. economy if you take away all the trade noise the u.s. economy is already weakening and is headed into a recession and would be going into recession even if there was no trade war so i think the fed is going back to 0 i think they're going back to quantitative easing easing and all of this is negative for the u.s. dollar i guess to say yes to get at sort of the interest here who has time on their side here president has made bluffing you know an art form but he is talking tough now as if he feels like the u.s. has the upper hand as time goes on in this fight is that really the case here. why i've never thought that was the case you know i think to china if you look at the trade relationship between the 2 countries america has been benefiting at china's expense because we get valuable consumer goods that we can't produce ourselves they make our lives better and we get money the chinese loan us money to finance our huge deficit so that means we don't have to buy the treasuries ourselves so that money is available for other purposes but all t
u.s. economy if you take away all the trade noise the u.s. economy is already weakening and is headed into a recession and would be going into recession even if there was no trade war so i think the fed is going back to 0 i think they're going back to quantitative easing easing and all of this is negative for the u.s. dollar i guess to say yes to get at sort of the interest here who has time on their side here president has made bluffing you know an art form but he is talking tough now as if he...
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Aug 27, 2019
08/19
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while president donald trump says china wants to make a deal on trade, the u.s. d france actually strike a deal. trade is front and center for apple investors. the company sheds millions of dollars in market value as the spotlight shines on its chinese production base where almost all of the world's iphones are made. suing taiwan semiconductor for using patented chip technologies. the u.s. trade agency imposes import bands that could roil the market. first, to our top story. days after escalating the trade war with china, president trump says beijing badly wants to make a trade deal. pres. trump: i think they want to make a deal. i'm not sure they have a choice. the united states, which has never collected $.10 from china will, in a fairly short period of time, will be over $100 billion in tariffs. taylor: to discuss more, i want to bring in peter. it is very interesting. we sat here friday and the stocks in chipmakers dropped 4%. the sentiment has improved. would you agree with investors that we got an improved reading today on trade? peter: it is mildly better.
while president donald trump says china wants to make a deal on trade, the u.s. d france actually strike a deal. trade is front and center for apple investors. the company sheds millions of dollars in market value as the spotlight shines on its chinese production base where almost all of the world's iphones are made. suing taiwan semiconductor for using patented chip technologies. the u.s. trade agency imposes import bands that could roil the market. first, to our top story. days after...
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Aug 24, 2019
08/19
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ALJAZ
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well trade issues are just one of many flashpoints but that u.s. trade china trade dispute is not the only one that is growing protectionism around the world and the prospect of trade wars actually but tween g. 7 nations that's because of the new french digital services tax one example which is targeting big u.s. tech companies like google and amazon well president trumps very angry about that he's already threatening to retaliate and he suggested he might put higher taxes on french wine going into the u.s. well in the last hour we've had a response to that from the president of the european council donald tusk and it was a tough response. i will not direct french wine. gentlemen that emanation for many reasons. and do you stand by france if the u.s. impose a star if. you will respond in kind the law think we need and we want this confrontation especially with our best ally the united states but of course. this is not our initiative this is trade and tariff struggle but we have to be ready also for this but scenario and we are ready james anything else o
well trade issues are just one of many flashpoints but that u.s. trade china trade dispute is not the only one that is growing protectionism around the world and the prospect of trade wars actually but tween g. 7 nations that's because of the new french digital services tax one example which is targeting big u.s. tech companies like google and amazon well president trumps very angry about that he's already threatening to retaliate and he suggested he might put higher taxes on french wine going...
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Aug 13, 2019
08/19
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u.s. china trade war.a: we have a strong reaction today, a little bit of a push out on the tariffs. the talks, which we think are back on, by telephone, what do we need to hear to settle the markets, allow us to look back at the fundamentals, which may not be so good at the moment? ashleigh: at the moment, a deferral of tariffs, just a quieting down of the situation. it will be interesting to see if more news out of hong kong fills the void and continues the negative sentiment. there is a lot of idiosyncratic risk. hong kong is the lightning rod of the day. this: how do we know at point what will happen to the markets if we don't get a minimum resolution to this trade war? what happens to the markets if this is an ongoing process that gets delayed and delayed, for months on end? ashleigh: a protracted trade war is not ideal. we will likely see a chipping away. you have seen emerging-market assets performing poorly. investors are uncertain about the future of emerging markets. amanda: we have been watching
u.s. china trade war.a: we have a strong reaction today, a little bit of a push out on the tariffs. the talks, which we think are back on, by telephone, what do we need to hear to settle the markets, allow us to look back at the fundamentals, which may not be so good at the moment? ashleigh: at the moment, a deferral of tariffs, just a quieting down of the situation. it will be interesting to see if more news out of hong kong fills the void and continues the negative sentiment. there is a lot...
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Aug 10, 2019
08/19
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china has been knocked off its leading trade partner in the u.s. but overall u.s. trade deficit increased over 7.9 percent in the first half of the year. exports flattened and imports from other companies started to increase. is this working? >> a couple of things to note here. first of all, the american economy under president trump's leadership is the strongest in the world. so we are attracting investment, that's having some currency issues but the problem is when the fed raised rates, we saw the dollar go up by almost 10 percent. at the same time since we put in tariffs, the chinese went down. this having a negative impact on the trade deficit. what we need to do is have a fed policy where our interest rates are not several hundred basis points above the rest of the world. that's not sustainable. it is not good for america. so are things working?yes in terms of the trump economy. because it's rocksolid but we can use some help from the fed. not because the economy is weak but simply because the fed needs to allow us to grow. i remember a school bus they had thes
china has been knocked off its leading trade partner in the u.s. but overall u.s. trade deficit increased over 7.9 percent in the first half of the year. exports flattened and imports from other companies started to increase. is this working? >> a couple of things to note here. first of all, the american economy under president trump's leadership is the strongest in the world. so we are attracting investment, that's having some currency issues but the problem is when the fed raised rates,...
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u.s. trade representative robert light hisor in japan's economy minister meets who mottaki worked out the deal on the sidelines of the event in france the deal is said to cover agriculture industrial tariffs and digital trade the deal is intended to open the japanese markets to more u.s. products and lead to the reduction in tariffs on items like beef mr trump addressed the prospects of the deal with japan during a meeting with egyptian president abdel fatah el-sisi so. they could be pretty sure that's what. we have caught this that the people didn't understand here there's a lot of what. we have to. be the big thing. that everybody's been robbing the 35 years the world. meanwhile the e.u. appears to be the next target for mr trump on trade during a meeting with germany's uncle merkel the german chancellor pushed for a swift deal to be made between the 2 parties the us announced talks and this is of great interest to us to enhance the trade relation between the e.u. and the u.s. we said we want
u.s. trade representative robert light hisor in japan's economy minister meets who mottaki worked out the deal on the sidelines of the event in france the deal is said to cover agriculture industrial tariffs and digital trade the deal is intended to open the japanese markets to more u.s. products and lead to the reduction in tariffs on items like beef mr trump addressed the prospects of the deal with japan during a meeting with egyptian president abdel fatah el-sisi so. they could be pretty...
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Aug 1, 2019
08/19
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u.s.-china trade negotiations and brexit. rishaad: it seems he is not as deliberate as he would have been before. he seemed to ramble in the news conference, saying things like midcycle adjustment, not giving any clarity. of course you never get perfect clarity here. is he getting bullied? i mean, i'm not just talking about his boss, marketsbut -- his boss, but markets. david: journalists with hard questions. [laughter] rishaad: all of this noise coming out of bond and equity markets. were the fed futures already permeating a basis cut. we got to the growth outlook. myself, therelike is a lot of uncertainty over the horizon. from the fed perspective, it will be difficult for them. rishaad: sure, but he didn't seem himself, jay powell. deyi: he did deliver a less dovish commencement than what we got. we believe they probably will do more. u.s.-china trade talk uncertainty, the talks in shanghai this week concluded with no finalization's. -- finalizations. yvonne: doe easing matters or will they be more domestic factors at play
u.s.-china trade negotiations and brexit. rishaad: it seems he is not as deliberate as he would have been before. he seemed to ramble in the news conference, saying things like midcycle adjustment, not giving any clarity. of course you never get perfect clarity here. is he getting bullied? i mean, i'm not just talking about his boss, marketsbut -- his boss, but markets. david: journalists with hard questions. [laughter] rishaad: all of this noise coming out of bond and equity markets. were the...
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Aug 14, 2019
08/19
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ALJAZ
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united states saying that the president sort of outward expression of frustration the fact that the u.s. trade representative's have dialed back or delayed tariffs at least until december and some chinese products means that the u.s. . may have lost its power in terms of negotiating that it has blinked if you will in this ongoing trade war and that the shift has now gone to china now having a stronger hand as the 2 sides attempt to try and resolve this dispute in ongoing negotiations farmers in the united states are facing their biggest challenge in decades as the trade war between the us and china continues in say prices are falling and demands for goods from china is dropped and the gallagher reports from iowa where the dispute has already cost the state an estimated $2000000000.00. io or is known as the tall corn state part of the american rural heartland where agriculture and food production dominate the economy so he beats have been exported to china for decades but the trade war is changing all that in july china placed a 25 percent tariff on the crop and stocks piled up prices dropped a
united states saying that the president sort of outward expression of frustration the fact that the u.s. trade representative's have dialed back or delayed tariffs at least until december and some chinese products means that the u.s. . may have lost its power in terms of negotiating that it has blinked if you will in this ongoing trade war and that the shift has now gone to china now having a stronger hand as the 2 sides attempt to try and resolve this dispute in ongoing negotiations farmers in...
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Aug 14, 2019
08/19
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u.s. free trade agreement. in short, american automakers have given our full support to usmca because it will not only help the u.s. auto industry remain globally competitive, it brings certainty and stability which in turn will encourage automakers, foreign and domestic, to invest and expand here in the united states. the president's decision last month to lift the peter slen steel and aluminum for mexico and canada was a crucial development for our automakers as well as many lawmakers on both sides of the aisle. we also understand the conversation between ambassador lighthizer and members of the house working group on use in ca have been constructive. given this momentum we hope members of this committee joined our colleagues in the house and senate can work to help resolve any remaining issues so that congress can approve usmca and a peaceful potential for use automakers and our nations economy as a whole to be realized. again want to thank you for holding this important hearing for the applicants test and i
u.s. free trade agreement. in short, american automakers have given our full support to usmca because it will not only help the u.s. auto industry remain globally competitive, it brings certainty and stability which in turn will encourage automakers, foreign and domestic, to invest and expand here in the united states. the president's decision last month to lift the peter slen steel and aluminum for mexico and canada was a crucial development for our automakers as well as many lawmakers on both...
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u.s. china trade war. notice the praises of stephen especially since he had to tone inches involved are relatively small on denmark's in one of the quote i will represent in beat over 2 percent of total us be the experts last year but indeed seemed to be the bright spot of american agriculture and last year approaches a record of $8400000000.00 when we put that number into perspective they help given so far on 2 units to 8 farmers heard by tensions between washington and begin the usa government has rolled out 2 rounds of trade aid for farmers that's picked it to total around $28000000000.00 and the trade at war has hurt sales of wide range of cultural products including fresh fruit and grains and china is that the top market for many of the usa biggest crops and big gene those crops with as a rich relation to trump so far and of course was as we know soybeans also hit especially hard among those listed i want to ask you about something else trump said during today's press conference take a listen and we w
u.s. china trade war. notice the praises of stephen especially since he had to tone inches involved are relatively small on denmark's in one of the quote i will represent in beat over 2 percent of total us be the experts last year but indeed seemed to be the bright spot of american agriculture and last year approaches a record of $8400000000.00 when we put that number into perspective they help given so far on 2 units to 8 farmers heard by tensions between washington and begin the usa...
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Aug 26, 2019
08/19
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speaking japanese] [speaking japanese] [speaking japanese] >> translator: with regard to the japan-u.s. trade agreement, a series of intensive negotiations have been conducted between minister motegi and ambassador lighthizer in line with the japan-u.s. joint statements on september 26 of last year. and by now, how we successfully reached consensus with regard to the core elements of both the agricultural and industrial products of our bilateral consultations on august 23. i certainly welcome this development. [speaking japanese] [speaking japanese] >> translator: and now, as mr. president pointed out, next month at the end of september both of us are going to attend the u.n. general assembly. and on that occasion i do think that we'll have the bilateral summit meeting. we certainly would like to set the goal of signing this japan-u.s. trade agreement, seizing that opportunity. we still had some remaining work that has to be done at the working level, namely finalizing the wording of the trade agreement and also finalizing the content of the agreement itself. but we would like to make sure th
speaking japanese] [speaking japanese] [speaking japanese] >> translator: with regard to the japan-u.s. trade agreement, a series of intensive negotiations have been conducted between minister motegi and ambassador lighthizer in line with the japan-u.s. joint statements on september 26 of last year. and by now, how we successfully reached consensus with regard to the core elements of both the agricultural and industrial products of our bilateral consultations on august 23. i certainly...
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a few pleasant smiles an exchange of niceties then u.s. trade representative robert light ties are in treasury secretary stephen menuhin got down to business with chinese vice premier heard. there was little expectation of an agreement being reached before hand and the likelihood of that probably wasn't helped by the coinciding harsh criticism of china's economic policies by president trump one of his complaints that china makes promises but fails to follow through. and beijing wasted no time in responding and he was not lutetia me i think it's meaningless for the us to pursue these maximum pressure tactics when someone is ill it's useless to ask someone else to take the medicine only 5 believe the u.s. should show more sincerity in good faith when it comes to trade negotiations. the 2 sides positions appear to be hardening the white house is already impose tariffs on half of chinese imports and has threatened to go further china has hit back with its own tariffs the result levies on 300 $60000000000.00 into a trade hitting the economies of both
a few pleasant smiles an exchange of niceties then u.s. trade representative robert light ties are in treasury secretary stephen menuhin got down to business with chinese vice premier heard. there was little expectation of an agreement being reached before hand and the likelihood of that probably wasn't helped by the coinciding harsh criticism of china's economic policies by president trump one of his complaints that china makes promises but fails to follow through. and beijing wasted no time...
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Aug 5, 2019
08/19
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BLOOMBERG
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u.s. china trade tensions. punching back, the yuan plunging past seven per dollar for the first time since 2008 after the pboc said its daily -- , raisingaily rate speculation beijing was allowing its currency to depreciate to counter the president's latest tariff threats. joining us now is our chief emerging-market credit strategist. it is interesting because we saw the pboc governor say they would not use the currency as a tool in trade disputes. at the same time, the pboc saying the yuan broke through seven due to the threat of u.s. tariffs. have they essentially just weaponize to the currency? the currency war has been going on for longer than anyone would like to admit. if you look back to the the currency war has been going on for longer than anyone would like todollar-yuan cross y rates, they just need to keep it stable enough to keep investors moving their money. with volatility kicking up the way it is, it has dragged the entire em for word. what we are seeing now is credit curve flattening in china. a
u.s. china trade tensions. punching back, the yuan plunging past seven per dollar for the first time since 2008 after the pboc said its daily -- , raisingaily rate speculation beijing was allowing its currency to depreciate to counter the president's latest tariff threats. joining us now is our chief emerging-market credit strategist. it is interesting because we saw the pboc governor say they would not use the currency as a tool in trade disputes. at the same time, the pboc saying the yuan...
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Aug 15, 2019
08/19
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BLOOMBERG
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u.s. economy that are very weak. those sectors tend to be related to manufacturing and global trade. ta out of europe and out of china also has been relatively poor. the question is does that weakness start to spill over into the other sectors of the u.s. economy that have been strong like the consumer. what is worrying markets more recently is we have started to see early indications of that. how that spills over is through labor markets. labor market momentum has started to slow. businesses first start to cut back hours and moderate the pace of job growth, and we already started to see that. we have not started to see separations or firing of workers pick up yet, but we are in those early stages of a slowdown that starts to concern you. david: if we do tip into recession in the next 12 months, if that were to happen, what will have caused it? is traded up to do that on itself? on the other hand, is going up 25 basis points last december enough that jay powell would have cost at the way president trump seems to say? tiffany: it is a confluence of factors. outside of the trade tension
u.s. economy that are very weak. those sectors tend to be related to manufacturing and global trade. ta out of europe and out of china also has been relatively poor. the question is does that weakness start to spill over into the other sectors of the u.s. economy that have been strong like the consumer. what is worrying markets more recently is we have started to see early indications of that. how that spills over is through labor markets. labor market momentum has started to slow. businesses...
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Aug 25, 2019
08/19
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BLOOMBERG
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u.s. markets but is the trade war pushing u.s. equities into dangerous territory now? to look athe it, there is more challenges in the overseas markets. germany just issued 30 year bonds at a zero yields. acceleration is affecting europe and asia more than the u.s. there are private -- pockets of opportunity. m&a. is organic we think this will drive prices in certain sectors of the market. shery: because of the challenges europe faces, they are talking about stimulus potentially that , china and other parts of the economy have more ammunition. doesn't that feel attractive? are --lear if valuations the valuations are attractive. until we see volatile talent -- until we see more with the trade war, that is the key. until we get a plan, there is an entry point in markets that are more fairly valued than our own. it would be prudent we until we get that visibility rather than catch a falling knife. shery: you say you like missable bonds. we have seen this $4 trillion market, stability with low risk returns actually play up more risk. the high-yield segment gaining traction
u.s. markets but is the trade war pushing u.s. equities into dangerous territory now? to look athe it, there is more challenges in the overseas markets. germany just issued 30 year bonds at a zero yields. acceleration is affecting europe and asia more than the u.s. there are private -- pockets of opportunity. m&a. is organic we think this will drive prices in certain sectors of the market. shery: because of the challenges europe faces, they are talking about stimulus potentially that ,...
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Aug 19, 2019
08/19
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CNBC
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u.s. economy and about the impact of the trade war on u.s.e, to be fair, though, it's not just the u.s. that could be hypothetically feeling pressure with regard to that trade front the people's bank of china is taking interest rate reforms now in place you only really do that if you're worried about your own economy as well. can you tell me what they're trying to do with interest rates to counter the threat of the u.s./china trade war >> yeah. that was a really interesting announcement on saturday because the people's bank of china has been signaling that they're going to be making this interest rate reform for quite some time. nobody has been believing it because it's been happening -- it's been signaled for so many years, but for now, just from a technical perspective i'll run you through it they have created what's called a new loan prime rate. that will debut on tuesday, what everybody is watching. but the bank lending rates will be linked to this loan prime rate and the loan prime rate is linked to the leading term medium term lending f
u.s. economy and about the impact of the trade war on u.s.e, to be fair, though, it's not just the u.s. that could be hypothetically feeling pressure with regard to that trade front the people's bank of china is taking interest rate reforms now in place you only really do that if you're worried about your own economy as well. can you tell me what they're trying to do with interest rates to counter the threat of the u.s./china trade war >> yeah. that was a really interesting announcement...
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Aug 14, 2019
08/19
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BLOOMBERG
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u.s. trading wednesday.ware and pivotal are negotiating a tentative agreement to acquire all outstanding class a pivotal shares for $15 a piece in cash. up until now, pivotal shares had .nderperformed in 2019 still ahead, our conversation with grab's cofounder on the ride-hailing company's ambitions to become a super app. plus, how it plans to spend the big money it has raised from softbank. that's next from bloomberg. ♪ emily: is ride-hailing companies have battled it out for new turf around the globe, grab has slowly build its own empire in the southeast. won overny has softbank in asia, defeated uber in a turf war and now want to become not just an app but a super app modeled on tencent's wechat. i asked about the company's $14 billion valuation and how they intend to put their new money to work. >> it's not just softbank. if you think about it, in fact the first $3 billion was raised from toyota, oppenheimer. we are very blessed with some of the global best names one can imagine. >> why continue to raise
u.s. trading wednesday.ware and pivotal are negotiating a tentative agreement to acquire all outstanding class a pivotal shares for $15 a piece in cash. up until now, pivotal shares had .nderperformed in 2019 still ahead, our conversation with grab's cofounder on the ride-hailing company's ambitions to become a super app. plus, how it plans to spend the big money it has raised from softbank. that's next from bloomberg. ♪ emily: is ride-hailing companies have battled it out for new turf around...
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Aug 19, 2019
08/19
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CSPAN
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trade agreements. for example, once enacted, the agreement will be the first u.s. free trade agreement with robust chapters dedicated to digital , good regulatory practices, and small and medium-sized enterprises. benchmark set a new in many other areas as well. such as free transfer of data across borders. strong rules on state owned enterprises. north american content requirements for preferential treatment. food safety and biotechnology standards. solicitations.de facilitation's. intellectual property rights and enforcement environment. chapter affects labor workers rights in mexico. it has resulted in the overall of mexico's labor laws. the labor and environmental standards in the agreement are the most rigorous in any u.s. trade deal. unlike with nafta, they are in the core of the agreement and are fully enforceable. addresses squarely ing-standing u.s. concerns the canadian markets, such as on retail salees of wine, dairy supply management , and the distribution of u.s. television programs. these are substantial improvements for nafta. they represent benefits
trade agreements. for example, once enacted, the agreement will be the first u.s. free trade agreement with robust chapters dedicated to digital , good regulatory practices, and small and medium-sized enterprises. benchmark set a new in many other areas as well. such as free transfer of data across borders. strong rules on state owned enterprises. north american content requirements for preferential treatment. food safety and biotechnology standards. solicitations.de facilitation's....
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Aug 23, 2019
08/19
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BLOOMBERG
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trade tensions. will placencing it tariffs on $75 billion of u.s. goods..s had been we are joined by carla hill. thank you for joining. just a broad question to begin with, has the tone did hear or is this playing out as expected? >> i think it has deteriorated. it is unfortunate. i don't think this helps move the bilateral discussions forward. i am hopeful the trade representatives from both sides will be able to sit down during the month of september and come to a resolution. vonnie: you speak from time to time with chinese officials. can you give us any read on whether china is still sanguine with what is happening on the u.s. side? >> china is retaliating. it promised to do so on each one of the tariffs that have been imposed by the u.s. government. they did so with our september 2018 tariffs, and they have done so with the september tariffs, and now they are saying they will do the same thing with the december promised tariffs am including covering u.s. autos. hasie: given that china promised to tariff about as much as it can against the u.s., where i
trade tensions. will placencing it tariffs on $75 billion of u.s. goods..s had been we are joined by carla hill. thank you for joining. just a broad question to begin with, has the tone did hear or is this playing out as expected? >> i think it has deteriorated. it is unfortunate. i don't think this helps move the bilateral discussions forward. i am hopeful the trade representatives from both sides will be able to sit down during the month of september and come to a resolution. vonnie:...
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Aug 1, 2019
08/19
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BLOOMBERG
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u.s.-china trade deal could huawei support? are not interested in being part of the u.s. trade talks. as citizens of the united dates, myself and my colleagues in china, we would love to see a u.s.-china trade to because it would probably help both countries, but as we said before, we want to talk directly to the u.s. government. oaks think because there's the will be thewe subject of trade talks, that means everything is political. the fact is we believe there will be certain restrictions placed on huawei just as there are on ericsson and nokia and we are happy to talk with the u.s. government about that. >> how are you trying to allay concerns over government issues? >> when we have the opportunity to talk to the u.s. government, about provenlk risk mitigation methods that have set of side -- satisfied the u.s. government that have allowed nokia and ericsson to do business in the united rates -- in theeir did ties united states their deep ties to china. country likes to have things specialized for themselves and we are happy to talk about that. >> one of the issues is t
u.s.-china trade deal could huawei support? are not interested in being part of the u.s. trade talks. as citizens of the united dates, myself and my colleagues in china, we would love to see a u.s.-china trade to because it would probably help both countries, but as we said before, we want to talk directly to the u.s. government. oaks think because there's the will be thewe subject of trade talks, that means everything is political. the fact is we believe there will be certain restrictions...
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Aug 13, 2019
08/19
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ALJAZ
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china it alleges to american businesses that needs to be worked out and right now the fact that the u.s. trade representative has announced the delay in those tariffs and the president speaking publicly about his frustrations indicates that that power shift where the u.s. team to have the upper hand in this trade war may now have shifted to china can can really help it thank you. russian doctors who treated people injured in a nuclear accident last week have been taken to moscow for a medical examination on thursday a rocket explosion at an offshore naval testing site near you know about 700 kilometers northeast of st petersburg at least 5 people died radiation levels in nearby. spiked to 16 times the normal levels no official explanation has been given the naval facilities a test site for ballistic missiles used by nuclear submarines. has more from moscow . only 5 days after this mysterious explosion in the north of russia in the area of congleton we now know that the weather agency has measured radiation levels up to 16 times higher than normal in the city of suffered since where exactly thi
china it alleges to american businesses that needs to be worked out and right now the fact that the u.s. trade representative has announced the delay in those tariffs and the president speaking publicly about his frustrations indicates that that power shift where the u.s. team to have the upper hand in this trade war may now have shifted to china can can really help it thank you. russian doctors who treated people injured in a nuclear accident last week have been taken to moscow for a medical...
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Aug 21, 2019
08/19
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FBC
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u.s./china trade war. but what kind of damage will the tariffs do to what is being expected, the number one hottest toy under the tree this december? the man behind the uber-popular lol surprise mini packet doll, he is here. the always vocal chief executive of mga entertainment standing by and he is not mincing words when it comes to the grinch he says is threatening toy makers and your wallets this holiday season. that's next on "the claman countdown." ♪ ♪ ♪ introducing the all-new chevy silverado. with fifty industry-firsts. it's the strongest, most advanced silverado ever. managingeating right?t.s? on it! staying active? on it. audrey thinks she's doing all she can to manage her type 2 diabetes and heart disease but is her treatment doing enough to lower her heart risk? [sfx: crash of football players colliding off-camera.] maybe not. jardiance is the number 1 prescribed pill in its class. jardiance can reduce the risk of cardiovascular death for adults who also have known heart disease. that means jard
u.s./china trade war. but what kind of damage will the tariffs do to what is being expected, the number one hottest toy under the tree this december? the man behind the uber-popular lol surprise mini packet doll, he is here. the always vocal chief executive of mga entertainment standing by and he is not mincing words when it comes to the grinch he says is threatening toy makers and your wallets this holiday season. that's next on "the claman countdown." ♪ ♪ ♪ introducing the...
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Aug 13, 2019
08/19
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. -- u.s. -- amanda trade tensions -- amid u.s. investors you're searching for yields. we have been talking about cathay pacific all morning and i want to emphasize they are reaching the lowest level in a decade. , 9.8lost 4.9% to hong kong dollars monday, the lowest close since june 2009. let's get some live pictures from hong kong. we are waiting for a possible statement from the chief executive, carrie lam. if that happens, we will bring it to you live at the top of the hour. that is it from daybreak asia. this is bloomberg. ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you pre-order a new samsung note. click, call or visit a store today. >> it is 9:00 a.m. in
. -- u.s. -- amanda trade tensions -- amid u.s. investors you're searching for yields. we have been talking about cathay pacific all morning and i want to emphasize they are reaching the lowest level in a decade. , 9.8lost 4.9% to hong kong dollars monday, the lowest close since june 2009. let's get some live pictures from hong kong. we are waiting for a possible statement from the chief executive, carrie lam. if that happens, we will bring it to you live at the top of the hour. that is it...
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Aug 14, 2019
08/19
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KQED
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with the ongoing trade dispute between the u.s.na, some chinne companies have b bracing for an economic slowdown but it does not appear to be the case for jd.com, that china-based ecommerce company th i had growth sales which helped it easily beat estimatesm sharesd nearly 13% after the report today to $30.66 general electric ceo larry colt bought nearly $3 million of the company stock during the second quarter. scc filing shows that he purchased more than 330,000 shares at just over $9 eacot his holdings are now valued at $8.5 millionos ge stock more than 3% toda >>> brinker international, which is the parent company of the chili's and mauj yawn oggiano'sd results. the company pla to acquire chili's restaurants from a franchisee. shares fell to 38.64. advanceduto parts missed expectations as same sales stores were flat. the auto parts retailer alsoa announce$400 million share repurchase program. the shares were up a fraction to 142.23. >>> after the bell, tilray beat revenue estimates and missed on earnings. the legalization for a
with the ongoing trade dispute between the u.s.na, some chinne companies have b bracing for an economic slowdown but it does not appear to be the case for jd.com, that china-based ecommerce company th i had growth sales which helped it easily beat estimatesm sharesd nearly 13% after the report today to $30.66 general electric ceo larry colt bought nearly $3 million of the company stock during the second quarter. scc filing shows that he purchased more than 330,000 shares at just over $9 eacot...