, wto deputy director general. throughout her nearly three decades on this committee chair skillfully negotiated trade deals and crafted our nation's trade policy. and i might say in a very pleasant way. all the while gaining a a sophisticated understanding of the opportunities available and the challenges facing wto. she has been dogged in a defense of house institutional prerogatives and are commitment to public service is unmatched. i wish of the very best in this new endeavor, now let me recognize mr. brady. >> chairman, thank you there in the trade world there is no one quite like angela. she's brilliant, hard-working and devoted to getting trade right. she's been a devoted public servant for nearly three decades on the ways and means committee, advancing the prosperity of workers and businesses. through her work on 13 trade agreements she's opened the doors for americans deliver goods and services worldwide, strengthening our economy and securing our leadership abroad. she is a friend and has been just a trem

— the wto? i think trade has emerged — the wto? i think trade has emerged from _ the wto?last i the wto? i think trade has emerged from the last 18 l emerged from the last 18 months, the last four years, in a damaged and highly criticised format. the concept of globalisation over the last four years has obviously come under scrutiny. we have seen a lot of challenges as well over the last 18 months because of covid, the vaccine patents and an increase in protectionism as well, so there is little doubt of the wto and world trade system if you like is not fit for purpose in the modern era. the uk government is to raise that so the international trade secretary will raise this as part of her leadership the issue that she thinks the wto needs to take elite mac change now, because if it doesn't it will be too late. —— it needs to take now. will be too late. -- it needs to take now.— to take now. director of the wto, to take now. director of the wto. she — to take now. director of the wto. she is _ to take now. director of the wto, she is for— to take now. director of the wto, sh

at the wto, yes, we need new rules. but i also want to emphasize that some of the foundational rules at the wto need to be reshored and reformed in order for the wto to become relevant to address the challenges that we have given the changes in the global economy and the changes in the relationships between wto members that have happened in the past 25 years. >> thank you, ambassador. now let me recognize the ranking member, mr. brady. >> thank you, chairman. so, ambassador, i know you know and understand the significance of trade promotion authority for our negotiating and our trade agenda and how it really defines the shared constitutional authority of congress and the president on trade. every president deserves to have tpa. they're not necessarily easy to negotiate, but they pull the framework together of any new administration or existing administration. our trading partners need to know we're serious about opening new markets, and tpa sends that strong signal. i know i'm eager to begin working on tpa legislation w

they can raise questions in respect to wto ability. sometimes they need may not be enforceable, they are not perfect but let's not perfect be the enemy of the good. i think engagement for the u.s. is essential and to be realistic, i think a pragmatic way forwardhi is to shoot smallr and hope you can build momentum and over time if you pursue needed domestic measures, you build the support back up for being engaged in a bigger way on trade globally. >> we have an excellentce follow-up, which sectors you see as right for these trade deals? where would you focus for the biden administration? >> difficult trade by far for the low hanging fruit here. there are a number of already agreements included for negotiations under way. second, the u.s. already agrees to high-level digital trade principles, agreements through thent u.s. nca. third, i think digital trade alsoit provides a real opening r pursuing a worker center trade policy. why do i say that? in a digital trade agreement, you can include provisions on digital inclusiveness getting mo

in the wto process.at would be my take of how ustr -- because you're in our conversations are going to be working with other agencies and officials. these are all areas where it seems to me your office can lead with your expertise, strike me as a solid kind of principle -- set of principles we can begin with. what's your take on that? >> chairman widen, i had prepared a slightly different set of words, but they essentially track your three principles. let me reflect to you the way i've been thinking about it. i think they match up quite nicely. the first one is to educate really around the waiver proposal and the way the wto works. our expression of support for the waiver is an endorsement and exercise of u.s. leadership at the wto to begin a process and to encourage all 164 members of the wto to roll up their sleeves and come together. it is a process and necessarily if we're going is to succeed at the wto in making the wto relevant here in responding to the needs of our people worldwide and our economi

they can raise questions with respect to wto compatibility. they're not perfect. let's not let the perfect be the enemy of the good. again, engagement for the united states on trade is essential and, you know, to be realistic, i think, you know, a pragmatic way forward is to shoot smaller and hope you can build some momentum and over time if you then also pursue needed domestic measures, you build the support back up for being engaged in a bigger way on trade globally. >> perhaps we have an excellent follow-up question here actually from lori moriarty. what sectors do you see as ripe for these trade deals? where would you focus if you were the biden administration? >> digital trade, by far, is the low-hanging fruit here. and for a number of reasons. there are a number of already agreements that have been included or negotiations underway. with japan and the usmca and third, i think that digital trade also provides a real open willing for pursuing a worker centric trade policy. why do i say that? in a digital trade agreement, you can include provisions on digital i

wto works. expression of support for the waiver is an endorsement and an exercise of u.s. leadership at the wto to begin a process and to encourage all 164 members of the wto to roll up their sleeves and come together. it is a process and necessarily if we are going to succeed at the wto in making the wto relevant here, in responding to the needs of our people worldwide and our economies, it will necessarily be something that has to be supported by all 146 members of the wto. we see our role as critical to facilitating that conversation and process. the second point i wanted to make is that there is precedent for a temporary waiver of intellectual property rights at the wto and the earlier instance happened in the early 2,000 around the hiv/aids endij, and what happened was effective in address the needs, especially on the african continent. the third point i wanted to make was the need for a partnership, and that is across the administration certainly with congress i am here today to consult. i

we will work with the wto new attorney general and like-minded countries to reform the wto's rules and procedures to be a relevant force for good in the 21st century. we also working to resolve the airbus dispute with overcapacity in the steel and aluminum sectors coming primarily from china these talks will take time but i believe a resolution as possible. will not hesitate to call out china's coercive and unfair trade practices to harm american workers the multilateral system or violate human rights we are working toward a strong strategic's approach with our relationship with china we welcome fair competition if china cannot or will not adapt to international norms, we must take the steps to level the playing field. closer to home using every tool available to make sure our existing agreements work on have a positive impact on real people usmca gives me confidence this approach is worthwhile. usmca is a starting point for future efforts in the region to explicitly acknowledge climate change aggressively have labor issues and expand the benefits of trade and historically underserved

wto meetings on the issue have just begun in geneva. we will go washington to speak with lori wallach of public citizen's global trade watch, and then to the philippines to speak with walden bello, co-founder of focus on the global south. >> it is an emergency that we have to put human lives above corporate profits. amy: we will also talk to walden bello about u.s.-china relations. all that and more, coming up. welcome to democracy now!, democracynow.org, the quarantine report. i'm amy goodman. india reported another record daily covid debt told -- daily death toll today with 3780 fatalities. the world health organization says india accounted for nearly half of all global covid-19 cases reported last week and one in four deaths, as the government of narendra modi is coming under mounting calls to impose a national lockdown. india's infection and death figures are believed to be vast undercounts. in britain, india's entire delegation to the g7 summit in london is in self-isolation after two of its members tested positive for covid-19. in

that said, we all need to be realistic about the wto. i mean, it's serious problems and i think we're at a point the next year during the next year or so where we'll know can the wto really step up to these challenges? or is it going to become less and less relevant a mechanism has been always a key and unique feature of the wto. it is broken now, largely due to efforts by the trump administration to just spam number of judges on appellate bodyni but we all need to rememr that problem didn't start with trump, in fact, it started earlier and i remember whenta i worked for the obama administration we have serious concerns with the appellate body. so it is going to take some time to pex. fix. what i would hope, though, is whenever the united states at least my career had a problem with something, it put concrete suggestions on the table on how to fix the problem. and this is something we vice president done with respect to just settlement and appellate body it is not god enough. no we don't like that and other countries have really tried to

for the goals of proponents at the wto, what we are committing to is starting a process at the wto to find a solution at the wto that is going to have to through these negotiations take into account concerns from all sides so that we can have something that is effective and practical in saving lives. >> so, obviously we are very proud another one of our staff is going to be going to the wto, but the wto has not really been a beacon of light and freedom. it has tremendous issues as you are well aware and we are always trying to work and fix and make the wto function better. you did mention the manufacturers, and that to me is the key here. it manufacturers who develop these vaccines are u.s. companies, and to turn over that intellectual property to these other nations, especially china, who we still do not have a full understanding of the origins of this virus at this time and what their involvement was, do you know? when you met with u.s. manufacturers did they explain to you, expressed you they're concerned about china being able to utilize this and be the only one that can really ma

even if he were, i don't think that is what would come through a wto consensus-building process.think the companies that ought to be most concerned about whether this will hit the bottom line, probably moderna, pfizer, and the big suppliers. steve: i think part of the framing of this is that some of those who advocate waving property rights see this as big companies trying to keep profits , while lives are being lost, and i think that framing is working for a lot of people in the world. why do you think the alternative argument is not as compelling, that these companies, this ecosystem, private-public partnerships, in less than a year, came up with miraculous vaccines, many options, and a short time, and that is never happened before in history, so that is the alternative, but that is not to be selling as much as the other side. ed: it is a good argument. i would quibble with some of the details. this is built on a lot of public research in private-sector innovation. as is often the case, the national institutes and departments, many science bodies have been part of this giant ef

anna: the wto is part of this conversation.eader caught up very much in the crosshairs here. this would end up going to the wto. we heard from the eu and the biden presidency. both of them want to talk about doing this. the wto not known for its speed in resolving these things. it would be involved because that's where the regulations sit at this point. what would be the plan with regard to the wto? maria: yes. any deal would have to be done in the context of the wto. i we could go, i did a panel with the head of the wto. she insisted that removing the ip was a good idea. she repeated that a few times. she said there could be a middle way so that everyone is happy. there could be consensus around it. instead of fully removing the ip from the vaccine technology, you would go into a licensing agreement with other countries in which you give some of the technology but not all of it. even though that could be a way forward and it's a middle way, european officials think that any agreement at the wto does take time and that this is

that said, , we all need to be realistic about the wto.it has some serious problems and i think we're really at a point that next year, during the next year or so when we will know can the wto we step up to the challenges or is it going to become less and less relevant. a strong dispute settlement mechanism has always been a key and unique feature of the wto. it's broken now largely due to efforts by the top administration to disband the number of judges on the appellate body. but we all need to remember that problem didn't start with trump. in fact, it was early and a member when it worked with the obama administration we had a series concern with the appellate body. so it's going to take some time to fix. what i i would hope there is t whenever the united states, a lease through my career had a problem with something, it put concrete suggestions on the table on how to fix the problem. this is something we haven't done with respect to dispute settlement and the appellate body. they kind of sat back and said no, not good enough, no, we don

that said, , we all need to be realistic about the wto.it has some serious problems and i think we're really at a point that next year, during the next year or so when we will know can the wto we step up to the challenges or is it going to become less and less relevant. a strong dispute settlement mechanism has always been a key and unique feature of the wto. it's broken now largely due to efforts by the top administration to disband the number of judges on the appellate body. but we all need to remember that problem didn't start with trump. in fact, it was early and a member when it worked with the obama administration we had a series concern with the appellate body. so it's going to take some time to fix. what i i would hope there is t whenever the united states, a lease through my career had a problem with something, it put concrete suggestions on the table on how to fix the problem. this is something we haven't done with respect to dispute settlement and the appellate body. they kind of sat back and said no, not good enough, no, we don

the wto has been wholly insufficient in terms of bringing china to fairness. the trump administration had made great progress along those lines. i'm not saying that progress didn't come with some pain to the economy. what i don't want to do is back off from that. we have this phase one agreement. what i want to hear from you, ambassador tai, is you'll keep china's feet to the fire and force a bilateral agreement that will force china to be fair with the american economy and to american consumers. can you comment on that? >> well, congressman rice, thank you for your kind comments at the start. i was able to hear your intervention in full. let me say this, with respect to your specific question will i do everything in my power to hold china accountable the answer is yes. i also want to put a very fine point on this. that is coming from me as the u.s. trade representative for the biden/harris administration. this is a unified administration position and the fact that i have this position i think reflects the priorities of the president himself. >> okay. now, mov

position as it relates to the wto process, right? and that process will take a series of months and requires a unanimous point of view to move forward. >> but time is of the essence. health experts say the removal of patents would save millions of lives, not just in india but around the world. >> no country is safe until every country is safe because we are all in this together, and there is a vulnerability of every country. if we do not control it elsewhere, the pandemic will recycle itself. >> india and south africa first approached the wto in september. since then, new, more contagious variants of the virus have emerged in india with scientists morning vaccines will have to be updated to remain effective. >> thousands of people who have rushed to leave nepal are facing an international flight band that took effect 24 hours ago. fears are rising the country's surgeon coronavirus outbreak will mimic the one across the border in india. it is reporting about 20 new infections a day for every 100,000 people, roughly equal to india two

it's deathly on the wto agenda, but the consensus is not there. guest: the consensus is not there because the countries continue to oppose the waiver. this was a waiver on intellectual property not just for vaccines, but for ppe equipment, ventilators, anything that could be used to respond to covid. yet we have been dragging our feet for the last 6, 7, 8 months. it's not just about the vaccines. this has been on the table for a while and we knew it was coming. the problem is the system is doing what it was supposed to do -- essentially give all the technological power to the wealthy countries and that is the wto was created for, companies like pfizer. what we see is technological colonialism. maryam: their argument would be waving patterns is not going to be the silver bullet against covid or lead to a sudden increase in the pace and volume of manufacturing and transferring knowledge and technology. this is a process that will take time. guest: the waiver is not just about patterns, it's azout intellectual property. patterns alone are not going t

sam: it will be discussed at the wto and i want to see it thought through properly.ccine free. what i am worried is they do that. who do we blame? what i want to hear his vaccines will be manufactured. extra doses will be given to countries who need them, and we need to see more data on these variants. tom: sam fazeli, thank you so much. truly expert on these issues. lisa from fargo emails in and says i mispronounced viagra. lisa: i think is viagra. i am not the target demographic. this is a really important point. it goes to not just vaccines but antibiotics. there is a question of why we have not had more development of the essential medication. why there has been so much focus on things that cater to much smaller subsets of the population but could be more expensive medication. this is the conundrum. our intellectual property system has been under attack for a long time from all sides. how do you arrange it in a more fair way. this debate will continue to rage. tom: the debate will rage but the american pharmaceuticals will stall and delay if they can. our good ne

but i would say wto members — about that. but i would say wto members are negotiating.ng. they need to— members are negotiating. they need to negotiate to be able to come _ need to negotiate to be able to come to— need to negotiate to be able to come to the right solution that would — come to the right solution that would be — come to the right solution that would be pragmatic and allow companies to work with their technology and help to boost surlply. — technology and help to boost supply. so, i don't want to prejudge _ supply. so, i don't want to prejudge what that outcome would — prejudge what that outcome would be, but i'm quite convinced we can come up with an answer— convinced we can come up with an answer that will allow access— an answer that will allow access to the volumes needed for poor— access to the volumes needed for poor countries whilst at the — for poor countries whilst at the same time, reassuring manufacturers that research and development and innovation will be protected. i'm s o rry , i'm s o rry , i'm sorry, i should have said she, not he. apologi

the wto general council meeting again today on this. let's bring in bloomberg senior editor jodi schneider to get a little more. let's talk about who is supporting this, where the resistance is coming from. could there be a compromise? jodi: we will see. the next step is the wto. this is a surprise from the biden adminstration. this was not expected at all. the biden adminstration has basically been resisting attempts to get more vaccines on the market, but now there's a lot of pressure, particularly with india and the situation there. so what the wto will be doing is deciding how this will work, whether they will allow this to happen. china and the eu in the past have supported waving these ip protections, but we will see. this is going to be a complicated thing on the world stage, and the wto is the next round. alix: also, moderna getting hit, down by about 8%, 9%, but they also had erlang's -- had earnings that missed. what did we learn? jodi: obviously they had the bad luck of coming out on this day when the pharma stocks were getti

going back to 1995, the wto had a position in place that in the setting of a medical emergency, patentsived, giving essentially medicine or vaccine. that w 1995. i am an hiv doctor. in 1996, a time when u.s. and europe had access of geing antiretrovirals that change the face of that hiv epidemic. people were literally rising from the dead. it was a time where people were so sick and could live well and long, normal, healthy lives with anti-retro viral therapy. only the u.s. and europe had access to these medications than while millions of people in sub-saharan africa were dying of aids. this was where the problem was most acute. year after year, there was a discussion of let's wait temporarily the patents on these therapies and year after year the answer was no what we watched people die another places of the world. finally in 2001 -- pfizer made $47 billion in 2001. that was the year we could not get a very simple anfungal medication that needed for aids patients. the point is, could not be anymore imrtant and we need to waive patents. we do need to get international consensus and i ho

amy: what about the issue of the wto waiver?the mass pressure from around the world and people here in this country led to president biden saying he would support a waiver for patent rights at the wto, but you have to have consensus at the wto and countries like germany said they would not -- which very much supports the billionaire pharmaceutical companies. can you talk about the significance of this waiver and what it would mean if it were accomplish? >> yes. i can't stress enough how significant i think this waiver would be an that we need to do it. going back to 1995, the wto had a position in place that in the setting of a medical emergency, patents can be waived, giving essentially medicine or vaccine. that was 1995. i am an hiv doctor. in 1996, a time when u.s. and europe had access of geing antiretrovirals that change the face of that hiepidemic. people were literally rising from the dead. it was a time where people were so sick and could live well and long, normal, healthy lives with anti-retro viral therapy. only the u

it would be part of the 106 member wto. the european commission is extending the vaccination campaign, -- they keep vaccine production for themselves but the eu is the main exporter i vaccines worldwide. european union suffered initial setbacks because of supply issues but vaccination has picked up pace in recent weeks. that is a look from those first word headlines. >> a health check on china's economy, any time in the next hour. helen joins us this hour. plus how rice is causing a global food crisis even though prices of other stocks are soaring, cultural commodities next. keep it here with us. this is bloomberg. ♪ >> skyrocketing stock prices fueling feels about soaring food costs and hunger around the world but one is bucking the trend, rice is stable for more than 3 billion people has not gained as much as other agricultural commodities such as corn and meat. rishaad: our next guest is joining us, the regional head of food and agricultural research. what is driving this? is this all the story of the world economy comin

. -- wto negotiations take a long time and require full consensus. a formal meeting is scheduled at the beginning of june. washington may now be joining other governments in trying to lobby brussels for the green light. mark: the head of the wto likes to get things done and has a big interest in this. it is great to see you, as always. for more, stay with us. ♪ >> welcome correspondence. here in france, things are beginning to return to normal after successive covid-19 lockdowns. but what of the situation elsewhere? it varies massively depending on a host of factors such as the pace of vaccine rollout and indeed, vaccine hesitancy. our first report this week takes us to the ivory coast. let's take a look. >> empty chairs, board staff, and patients occasionally trickling in. >>[speaking on english language]. --[speaking non-english language. ] >> since the arrival of doses of astrazeneca at the end of february followed by 50,000 more doses from india, fewer than 100,000 people have received a job in the ivory coast. >>[speaking non-english language].

and other countries, they have blocked measures championed by india and south africa at the wto. director general of the who has cold the move from monumental moment in the fight against coronavirus 19, and a way to address global health challenges through u.s. leadership. we are live from washington, d.c. the administration had pressure from home and abroad. why the change of mind? reporter: very much so, the pressure, in particular from progressive members of president biden's own party have been arguing and lobbying that these intellectual rights should be waived. the arguments fro these members is that it is not only a moral issue, but in the best interest of the u.s. to eradicate the pandemic around the world as quickly as possible, and the fact that while there are still incidents of the virus in other places, this african-american -- the south americans themselves will not be safe, but it is not only a moral imperative, but national self-interest. the announcement came from the world trade representative in the u.s., who issued a statement confirming that the biden adminis

reporter: wto member states will seek to hammer out a deal in the coming weeks. however, it could be months before they reach a consensus. in addition to that, all members will need to unanimously agree to the decision. mark: so the situation regarding the vaccine, joe biden made the initial call. he was common for intellectual property rights to be waivied on the covid vaccine and emmanuel macron has added his support. we heard him in the report there talking about that it is a question of transforming the technology to make sure that when you try to get the production roving in new places such as india and south africa, there there the right technology is there to make sure the vaccine is produced. and then germany says we are not in favor. although there is a split on that actual opinion. there is much to negotiate, it seems. let's get more on the story. gavin is a global health expert at duke university. he told us here a year ago, and i think he was the first person to mention this, about long covid, which is only recognized as a condition by the french esta

but i would say that wto members are negotiating.negotiate to be able to come to the right solution that would be pragmatic and would allow companies to work with their technology and know—how and help to boost supplies. so, i don't want to prejudge what that outcome of would be of the the negotiations, but it should be — i'm quite convinced — we can come up with an answer that will allow access to the volumes needed for poor countries whilst at the same time, reassuring manufacturers that research and development and innovation will be protected. we can now speak to dr krutika kuppalli, who's assistant professor of medicine in the division of infectious diseases at the medical university of south carolina. welcome to bbc news. how much is india's misery linked to the fact that it spends just i% of gdp on its public health system, do you think? well, i thinkthat _ system, do you think? well, i think that the _ system, do you think? well, i think that the situation - system, do you think? well, i think that the situation in - think th

the wto is holding key talks on the, fit. india and south africa led an effort for temporary waiver of debbie teal patent protections to allow private and public facilities around the world to mass-produce vaccines and related patent protected items like syringes and personal protective equipment. but the united states under president trump and biden, along with a handful of wealthy countries, have been blocking what is known as the trips waiver, standing for trade related aspects of intellectual property rights. as in, binds chief of staff appeared on "face the nation" asked about ind prime minister modi's call to lift the patent rights. >> the prime minister asks the president to lift it, yes or no, will he? >> are u.s. trade representative is going to the wto next week to start talks on how you can get this vaccine or widely distributed, more widely shared. we will have more to say in the days to come. amy: protesters staged a die-in outside the home of senator chris coonsroposing the patent waiver. >> people will die if t

we have to do this quickly and yet the wto is a deliver to process. the u.s. probably does have to bring other objecting countries into light. the european union has had they are ready to talk. but there's a question of how long they will take. there's a question of what they will allow to go into the text. we need a waiver in that manner that we proposed it in october 2020. we do not need a watered-down waiver with a whole range of conditions and prerequisites that will make using the waiver difficult. that is not what we want. we wana clear and simple solution to remove the legal obstacles toward producing a vaccine. then oncehis task is accomplished, we need vaccine technologies to be shared as well by the u.s. that would create the circumstances for us to produce more vaccines. unfortunately, not immediately, but in three or four months. each step of this procs that can be made faster must be made faster because every take any o these steps are delayed, there are thousands of people dying around the world. nermeen: if you could explain people who opposed t

it has to go through the wto, the wto, they have to negotiate with others and angela merkel's governmentd they are not going to support that waiver. in the meantime, china looks to be the only vaccine that a lot of places are going to get. places as varied as a guay, senegal, and indonesia. there are questions about the effectiveness of the chinese vaccines, given they have not had the same regulatory scrutiny as the western vaccines. at the same time, these countries that have big need to be vaccinated and few options are turning increasingly to china. shery: could this change if the move to wave patterns on covid-19 vaccines takes hold of the wto? jodi: it could change. but it will take a while. the wto fight could take months, if there is a real fight. there may well be. this is not something that someone will be able to step on very quickly. as we see with india, when you have a player like that come out of that equation, there is not really anything to fill it in the short run. for now, it looks like china will be able to maintain that position in the short run. although that could

, this is something that needs to go through the wto.senting its willingness to back the proposal to discuss this at the wto. we will look for further lines coming through on that. they are also saying they will have doses for 70% of the citizens in july. coming up, donald trump remains banned from facebook, for now. that is the decision of the oversight board, we discussed that next with helle thorning-schmidt, cochair of facebook's review board. more on that next. this is bloomberg. ♪ anna: welcome back to the european market open. 20 minutes into the trading day. donald trump remains banned from posting on facebook. that decision was announced by the independent oversight board. they also recommended reviewing the status of the former president within six months. joining us now is helle thorning-schmidt, cochair of the facebook oversight board and the former prime minister of denmark. the chair says -- the chair says they feel facebook is waiting on it. helle: we thought it was the right decision. we felt it was the right decision in

it is up to the wto to take up the debate.apan is set to extended state of emergency to the end of may. the measure covers tokyo and other major cities, expanded to include two more regions hit by rising case numbers. they will now include 40% of currency circulation four months before tokyo is set to host the olympics. the u.k. plans to offer alternatives to the astrazeneca vaccine due to concerns about blood clots. the decision could be announced today as officials prepared to open vaccinations up to those under 40. global news, 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. anna: keeping the pressure on china. the biden administration is likely to proceed with the investment ban imposed by president donald trump. ♪ >> china has proven it is willing to be anticompetitive. the first thing you need to know is that we are taking an incredibly seriously. >> they are eating our lunch. we are investing hundreds of billions of dollars in research

but i would say wto members are negotiating.gotiate to be able to come to the right solution that would be pragmatic and allow companies to work with their technology and know—how to help to boost supply. so, i don't want to prejudge what that outcome of the negotiations would be, but i'm quite convinced we can come up with an answer that will allow access to the volumes needed for poor countries whilst at the same time, reassuring manufacturers that research and development and innovation will be protected. a police operation against drug traffickers in brazil has ended with the deaths of 25 people. it happened in one of rio dejaneiro�*s poorest neighbourhoods, known as favelas. courtney bembridge has this report. and a warning: some of the details are distressing. as police swooped in helicopters and i met vehicles, suspects could be seen trying to escape across the rooftops. —— armoured vehicles that make some had high—powered weapons let down in the street, please were closing in. 0fficers described it as a war scenario. it

i think there is a wto rulin: or that already?nly discussing it this week. but in terms of the _ discussing it this week. but in terms of the white _ discussing it this week. but in terms of the white house i discussing it this week. but in terms of the white house it i discussing it this week. but in j terms of the white house it is interesting because they are clearly saying it is not that we are anti—big pharma profits here, they are making a point of saying we believe strongly in intellectual property protection so they are not slamming the big pharma companies. they arejust saying slamming the big pharma companies. they are just saying in this particular case that the need to get code vaccines around the world is more urgent. it is a victory for progressives who have been asking president biden to do this within the administration but they are still kind of saying we realise the need for intellectual property as well. certainly need to get more vaccines to developing countries thatis vaccines to developing countries that is f

industry there is a variety of reasons the wta one - - to btl had a phaseout of the chinese to the wto and then the appetite for the lowest cost producer. this plays out on a national stage when covid hit how many textile manufacturers that i represent? probably two or three what happened during the pandemic? 140 companies of mine retool their production chain to help fight the crisis and now a lot of those companies have no orders they start to see chinese imports come in exponentially we are thrilled about the vaccine being deployed. however we are starting to see products come in below cost with the dumping of products on the us market and industry who has invested to make the products year but no demand signal long-term by the federal government we have not solve the equation of how to get hospitals and nursing homes to purchase products made here in the united states a lot have relied on foreign supply chain and distributor networks we went to make sure if we on sure this long-term. >> you plant a lot of this down to the wto related policies and changes happening in the 19 ninetie

reports say the biden administration will actively take art in negotiations over a waiver at wto andrage other countries to back it. shares of several drugmakers fell on the news. europe vaccine doses dumping by 7 million doses this month with new deliveries from china and russia. various manufacturers are helping to reopen a new economy struggling to reopen from last year's. slump. as of tuesday -- last year's slump. thailand's central bank cap its benchmark rate unchanged for an eighth straight meeting while warning the forecast for a canonic recovery is written resurgence of covid cases -- is threatened by a resurgence of covid cases. the government voted wednesday to sustain measures to boost the economy such as cash handout. the brazil central bank raised rates for a second straight meeting, 75 basis points up to 3.5%. policymakers made the move to counter a rise in consumer prices that surged above their targets a link to a four-year high. they revealed plans for partial removal of stimulus and talked about another 75 basis point hike at their next meeting. global news, 24 hour

there is an entire process at the wto that will likely be months in the making. that is how the process works. so there is also consideration leading up to that. reporter: yesterday, you said the cdc engaged with 50 stakeholders in coming up with these guidelines. in addition to the american federation of teachers, who are the other stakeholders? ms. psaki: not to read all 50, and i am happy to send them to you after, but just as an example, they include the ymca, the council of chief state school officers, national association of school nurses, national governors association, big cities health coalition, office and speaks, council of great city schools, so there is a range of organization. the objective is to have a better understanding of implementation, how it would work, and ensure these guidelines could be implemented and would not provide harm to the communities they are impacting. reporter: can you explain why cdc needs all this input from outside entities? why can't it come up with these scientific guidelines on it some? ms. psaki: to ensure the recommend

china vows to vigorously defend itself at the wto.n panel as been set up and will look into this. there was another development is well in new zealand throwing it support behind australia in the dispute. scott morrison is in new zealand for talks which will be focused on china's aspirations in the indo pacific, and in the development as well, someone saying the country is in the flows of willing to take a dispute over wine imports over china to the wto as well. australia gathering its courses to take these disputes to the world party. shery: no shortage of sore points in the australia-china relationship. an australian writer finished in china. do we know what happened? >> it was over and done with one day last week. dr. yang accused of spying. he says he does not know who he is accused of spying for. he is an australian citizen who has written about democratic reform in china. he has criticized the ccp for what he describes as corruption and economic policy as well. he was pulled off the plate when he arrived with his family in 2019 a

this is a waiver there would have to be agreement of wto members on. what i saw is that our objective is to stabilize by producing as much supply as possible and get shots in arms around the world in the most effective way. we are determining what the right steps are to do that. >> thank you. >> one last one on india. >> sure. >> is the administration doing all it can to help india? >> let me give you an update and i know we provided a few but i don't think we have done a substantive one on with the recent shipments have been. six shipments have departed the u.s., five of which have already arrived. these flights include health supplies, oxygen, oxygen supplies,n95 masks, rapid tests and medicine. these are the components the indian government expressed vital need for. more flights are on the way with a total expected to exceed $100 million. at the request of the government of india the u.s. provided these urgent supplies to the indian red cross to ensure they reach those most in need as quickly as possible. in terms of oxygen support, which as you kno

fortunately, the wto has unanimous consent that there are some countries that recognize the importancectual property and that the germans and maybe some others i hope can prevent this. we can you imagine where american pharmaceutical companies have to depend on the germans to protect their intellectual property. this is outrageous in our legislation will look this. paul: we will follow to see what support to get from that terrific idea thank you center for being here when we come back house votes to create a mission to probe the events of january 6. the bill future remains uncertain as a heads to the senate and another investigation is needed and what it really be on an unbiased account of the capitol right. neutrogena® beach defense® the suncare brand used most by dermatologists and their families, neutrogena® for people with skin. at t-mobile, we're committed to serving those who serve. as a nationally recognized military friendly employer, we're on our way to hiring 10,000 veterans and military spouses by 2023. and our commitment doesn't stop there. at t-mobile, we offer exclusive s

deal by any stretch of the imagination, this still requires some consensus from countries from the wto, and as you said, that could take quite a while. the reaction in europe is pretty mixed. as you said the french president emanuel macron fully in favor. on the other side of the coin, germany is saying, look, these patent protections, these intellectual property rights, they are a source of innovation, and ought to be protected, and germany also saying, look, the patent rights are not the problem right now. quality production capacity, that is the much bigger issue. the eu commission president ursula vander line, her comments were more difficult to decipher and ready to discuss the u.s. proposal and how it could help address the covid crisis but didn't make a commitment in either direction. the argument for doing this, obviously srgs many of these vaccines were developed using public taxpayer dollars and ought to be as widely available around the globe as possible. the argument against is exactly the argument that the biontech founder made to cnn just yesterday, she says that by waivi

and other countries and the wto. germany has -- the german chancellor has voiced caution. >> in the global race for corona vaccines -- coronavirus vaccines, biontech was first out of the gate. a proud achievement for the german company that went from startup to pharma superstar. now the german government is siding with drugmakers, saying the protection of intellectual property is a source of innovation and must remain so in the future, so the -- through the manufacture and high production capacity of vaccines, not through patent waivers. in a jab at the biden administration, the german health minister had this to say -- >> if the real problem is not patents, production capacity, and availability, i would be delighted if the united states is willing to allow the export of doses manufactured there just like the european union. >> the u.s. is just one of the wealthy nations accused of vaccine hoarding, extending their immunization programs far beyond their vulnerable populations while poorer nations go without. the phar

position as it relates to the wto process, right? that process will take a series of months and requires a unanimous point of view to move forward. so what we are in consideration of his of u.s. position our objective overall as a look at this decision is how can we provide as much supply and the most cost-effective way to the global community. clearly there are steps we've announced. we are in the of taking, providing 16 million doses to the global community. once we have that available. those are astrazeneca doses. pfizer announced they will also be sending doses or manufacturing doses for the global community and we will continue to work with our partners. i suspect we will have more and we will have more to say very soon on this. >> are you concerned about setting a precedent that could be -- south africa narrowed the proposal which is something that is going on. maybe you could -- that is your understanding. even if that proposal is near are you concerned would be setting a precedent that would harm u.s. companies in the future

un's trade representatives say negotiations at the wto could take some time.>i am joined by a senior scholar at the johns hopkins university center for health security. it is good to have you on. what do you make of this idea of waving patent protection? is that the way forward? >>i do not believe this is the way forward. i believe this is the way backwas. patent protections and intellectual property rights are the engines of innovations. when it comes to biopharmaceutical products that our lives depend on. if you do this, you will remove the ability for companies to plan, to invest. because, there will be a worry that if something is successful, all of that could be taken away and the will not be reward or incentive at station. when the next pandemic emerges, what company will want to engage with governments in -- if this is the result? >>companies receive billions of dollars every year to help them do research. that will not change. >>the governments in many countries have crowded out basic science research. when you look at advanced purchase requirements or