To get back to school which side will have the strongest appeal. This is boom bust the one business show you cant afford to miss branch a bore in washington coming up the United States has left new restrictions on china for alleged human rights abuses in the province of shinjiro straight ahead we analyzed for brandon what effect the move will have on global trade routes plus the race for a tobin 1000. 00 vaccine has been condensed in record time causing some uncertainty but are these fears warranted coming up we break down the dash for a cure and a later and boeing stock has suffered in the wake of this probe virus and the 737 mexico introverts were taken. Look at the newest moves coming from the Aerospace Giant its back show today so lets dive right in. And we lead the program with another escalation in tensions between the United States and china as the Trump Administration has banned the import of certain goods from the shin jiang region of the country u. S. Customs and Border Protection said on monday it had added 5 new chinese and these which manufacture Hair Products cotton apparel and electronics to an import blacklist used to fight wouldnt characterize this as forced labor of ethnic minorities in the region now in announcing the banned c. B. P. Commissioner mark morgan said in a statement the trump and ministration will not stand idly by and allow Foreign Companies to subject vulnerable workers to forced labor while harming american businesses that respect human rights and the rule of law that u. S. Had previously had producers of toys garlic and artificial sweeteners to that same blacklist this is the latest step from the u. S. Taken against chinas actions in the region where human rights advocates say china is holding weaker as an other muslim minorities in detention camps now the Chinese Ministry of Foreign Affairs respond to the move tuesday. May follow you for. Taking the exclusive call the forced labor. Measures are in some Chinese Companies this is by a lady with their National Interest rules damaged Global Industrial chain which would be a supply chains and value chain which is outright believe china just wrongly of those in. The socalled forced labor leaders also made out of thin air and seriously goes against some people in the us have been complaining that they care about the minorities. In the meantime i mean what they took measures correcting down on. This. Hypocritical and evil intentions of these people to sow discord between the chinese when people of different groups. And for more on this lets bring in boom bust cohost christine for some analysis now so getting to be a complicated situation it looks like the u. S. Decided to temporarily shelve a sweeping ban on products containing confirmation john and are instead becoming more targeted by banning specific Companies Instead what do you make of this move kristie. Well this was actually a really smart move by the u. S. Because a sweeping ban would have made more of an impact a statement but then you also risk getting challenged legally where things are sure to get shaken loose and released a part of that it is then the u. S. Will be disrupting the whole cotton ecosystem and supply chain and china would surely retaliate with a ban on american cotton which would just escalate things to a whole new level of the qualities front but even so many Industry Experts see todays move as deepening the trade tensions already because this is a market move from tariffs on finished products to now also including Raw Materials and commodities so now the u. S. Is moving upstream and thats causing ripple effects across the entire supply chain because sheen downs cotton is a crucial piece of the supply chain as a makes up 80 percent of chinas output and 20 percent of the worlds supply so analysts estimate that 24 percent American Textile and apparel imports in 2019 were actually from china suggesting that 11100000000. 00 worth would be tainted by connection. Now kristie Company Companies have been forced to continue to adapt to this changing Political Climate of the trade war between the United States and china but how are major Apparel Brands handling this latest move when it comes to cotton. Well she has become a growing political spotlight that has been problematic for some of the major Apparel Brands now whove tried to limit their exposure and decouple from that region so many Global Brands such as patagonia they have one of their textile and clothing operations to places like bangladesh and in each n. B. A. And some of the Worlds Largest a paragraph such as ph which owns Calvin Klein Tommy Hilfiger theyve done on it already to ensure no links with the region however the issue is and remains of a supply chain in china its so deeply rooted and opaque that its nearly impossible to completely eliminate exposure to sheen johns cotton so given the nature of the business babycham burgers and the spending mills they dont actually disclose the source of their fabric because then the buyers would just buy. Past and circumvent them so buyers have to go through agents and these audits are there no more than a box ticking exercise so once the con goes into action one bail is exactly the same as the other so enforcement is going to be very problematic and also one that con actually makes its way into the garment it will literally be impossible to trace the source something we saw a lesser scale it was easier to trace but during the initial phases of the trade where we did see some things being mislabeled or maybe inadvertent inadvertently purposefully labeled as being from say vietnam instead of china to try and circumvent those tariffs as well so from a lack of on it was actually done and somewhat in vietnam. So kristie but i want to add on this before we get done here the deputy on tuesday said the u. S. Tariffs on chinese goods imposed by the Trump Administration during the trade war with beijing and this was in 2018 violated International Rules will this decision actually have any effect. Well for starters i think that for practical purposes no this decision will have very little binding effect because its just a moral victory for china and the beauty of panel ruled that washington had not shown why the tears were justifiable and that the duties were completely inconsistent with the trading rules as they applied only to china and they were above the maximum base to which the u. S. I commit it so it also found the u. S. Had not explain the choice of products hit by the terrorists or why the measures were even necessary based on what washington saw as unfair competition so despite this very small victory in this fight that has dragged on for forever it doesnt really do much because the u. S. Can simply appeal against tuesday ruling and then the case will enter into a legal why because washington has effectively blocked the point of judges to the appellate body so trump in effect render that up in effect given all my crippling the globalist body rule of abortion are boom bust cohost christine thank you for breaking this all down for us. And germany announced tuesday it will provide 750000000 euros in funding to 3 Biotech Companies working on a corona virus vaccine now the government has already agreed to provide 375000000 euros to buy a wintec and 230000000 euros to cure of act to develop their m r n a based vaccines now the government says a deal with a 3rd company id t. Biologic is expected soon the german minister of education and research spoke about the funding tuesday. Global fund. Companies to broaden the scope of their projects as well as make faster progress. And safety is an absolute priority vaccine can only be used even if its clearly our way the possible. Because in only see vaccines are essential. If one of these companies is able to successfully develop a vaccine the deal would also guarantee 40000000 doses to germany so with this in mind lets take another look at the trends and spread of the virus globally with our correspondents our temperature so our where are we to the ground there is very close to the 30000000 mark in cases globally which is a 3 percent decline compared to the previous week now most of the cases are coming once again from the u. S. And india and brazil now global deaths to riyadh 936000. 00 plus which is the 8 percent increase to last week so were at worse as new cases are slightly going down deaths are actually going up and we actually need to be exactly in the opposite direction now just here in the u. S. Were out over 6700000 cases almost 200000 that sold less than 2 percent of those infected from called in 1000 have died now take a look at the daily new cases and deaths reported right here in the u. S. On monday there were 36800 and 36. 00 new deaths that is a 12 percent decrease from last week but taking a look at daily deaths on monday resell 447. 00 new deaths thats also a decrease of 15 percent from last week so while a decrease in new cases and death seem promising these numbers are actually nowhere near where we actually need to be brant. We actually do. Just mentioned Vaccine Development where are we what it goes to a vaccine being developed here in the us so were in the us has been working with 30 pharmaceutical companies are right now that are in phase 3 trials and another 4 in phase 2 and 3 trials now one has just hit a major hurdle and thats side effects now that company is a british drug maker astra zeneca now their long considered a leader and a cool 1000 vaccine raise and they were actually one of the 1st to start of phase 2 or 3 combine Clinical Trials for back in may and also had deals with the u. S. Government and the European Union to supply a millions of doses of its vaccine if once we got improved and very few companies actually in this vaccine race have gotten such a lucrative agreement which really shows our governments also viewed their drugs as only the most promising but since theres one Patient Experience a major i should say neurological side effect it has stopped for the time being any further Clinical Trials in the u. S. The trials in the u. K. Though have resumed by brand given that their trials have included about 30000. 00 participant its not actually surprising that one of them would suffer from a serious side effect and in fact the hitting a pause button is actually a standard course of action during Clinical Trials like this one and its not a certain signal that theres actually anything wrong with the vaccine just that an investigation or study needs to be done or concluded but the major hurdle here is that the investigation into the side effects of this drug might actually take up to 2 months which sounds like a long time right since it takes years for a vaccine to develop but for a pandemic this size these few months into this investigation could mean thousands of lives and but if the astra zeneca vaccine fails the u. S. Government is hoping at least one from this list would succeed but it would be a huge loss for the u. S. That has so far in. Vested more than 1000000000. 00 into astra zeneca so right now all eyes are on bio and tech and the during our that are also in phase 3 trials but in a race for a vaccine by companies and governments as you can see things can change very quickly brant r. T. Correspondent sire tablature thank you for keeping us up to date. And for more on the race for a covert 19 vaccine lets bring in dr William Schaffner a vaccine specialist with the Vanderbilt UniversityMedical Center dr schaffner its always a pleasure to have you on we appreciate your expertise and i want to start with that leading vaccine canada astra zeneca as a scientist mentioned they were able to resume the trials in the u. K. But they are paused here in the u. S. Now this may not be a new thing to happen but how important is it when they have to actually pause a trial especially amid a pandemic like this. Well granted its a. Medical event. I should. Well i dont know if its this moment here. Or the next one grace i think its already. At. And here in the states. Agencies are. Oh oh oh next week. I have. To continue. And now dr schaffner weve seen so many of these candidates move to phase 3 chopper trials it and i really want to know are we ahead of schedule when it comes to general Vaccine Development and does that cause a concert. Oh i think we all. Need help. Oh. On reaching real sure. There are. 0 or effective just. To. Stunt really reach the front. And just know. What all. United states becomes 338. 00 actually some of the its required to resumes. And theres a war was. Extended. To google. And now theres a new yahoo news you gov poll out there it says only 32 percent of americans say they plan to get a covert 1000. 00 vaccine now this is down from 55 percent in may and the reasons are given good to there add to that point about the quick nature of this development which you actually say is is right on schedule as well as the concern that politics is being used to being put over safety when we get to the stage should the regulators be trusted and what percentage of the population do we need to see vaccinated for this to actually work out ive got about 45 seconds left dr schaffner. So sure the regulators and beatrice rehearsed who are just. The usual mechanisms for their favorite requests for years and how what were for should. Be very high were going to were are now asking when your period its not. Elation. Im still optimistic but i see. Dr William Schaffner with Vanderbilt University for whom Medical Center thank you so much for your expert analysis today. Time now for a quick break but hang here because when we return is boeing stock has suffered in the wake of coronavirus in the 737 controversy we take a look at the newest moves coming from the Aerospace Giant that were going to break here are the numbers that because. It leaves. Is your media a reflection of reality. In the world transformed. What will make you feel safe. Tyson nation community. Are you going the right way or are you being. What is true. Is. In the world corrupted you need to descend. To join us in the death. Or a made in the shallowness of. The world is driven by shaped. Thinks. We dare to ask. You know welcome back this week the federal Aviation Administration is reaching a key milestone for the boeing 737 max jets returned to service now for Civil Aviation authorities from the United States canada brazil and the European Union are scheduled to review the proposed training in london and meet for 9 days last week the European Union said it conducted an completed its 1st round of flight tests in vancouver. 37 max planes have been grounded since march 21000 following 2 fatal crashes which took 346 lives but it seems boeing just cant catch a break as a 4th issue was found in their popular wide body jet the 787. 00 dreamliner the latest issue was report reportedly has to do with the vertical stabilizer entail previous issues had to do with body joints and horizontal stabilizers so where does boeing stand with public trust lets bring in some experts captain dennis tito the Communications Committee chairman with the allied Pilots Association and former n. T. S. B. Official jamie finch thank you both for joining us today to talk about this now jamie i want to start with you what are we hoping to learn from this 1st round of test flights in vancouver last week or what did we learn. Well we wont know it fully until what with the committee is about going to be very interesting to what what the results were from the f. A. A. What were the results from the canadians to switch test in the week before the europeans and so these organizations these global organizations for aviation coming together putting together the notes that they have and looking looking at allies seeing the suggestions that boeing is making for their tool or training for pilots now captain tahj or as someone who flies the 737 max Pilot Training is going to be a huge part of getting it back into service what are going to have to see when it comes to training before you feel comfortable with the max again. What weve got to see the things that have been identified that are not related to the m. Cas which is all we can tell as its been fixed but as weve seen already in the boeing training document dressed some nearly 200 pages theyre getting out what we call for many months ago and that is a restructuring of checklists and training that really gets to the pilot skills needed in that shock and awe of having emergencies unrelated to the m. P. s like challenge the ethiopian lion air crews thats unreliable air speed runaway stabilizer trim details that to the average person may sound rather complicated but its the bottom line its connecting the human being the pilot to the aircraft and were seeing it getting closer but there are still some critical areas that were not seeing encapsuled in this that were going to make comment on for sure and also recognize that there are distractions in the cockpit and i think one of the foreign regulators either eos or the canadians pointed out why in a situation would you have the stick shaker going on for the duration of the flight when you can deep power it once youve gone through a checklist and i know that jamie gets this because the n. T. S. B. Is keenly aware of not only the machine but the interaction of the human. Beings the pilots and what really happens not what you planned to happen in engineering table and actually jamie i was going to ask for your response to what capitated just said because thats very interesting and you on having been on the regulation side knowing a little bit more about the regulator what do you make what is his last comment there well that is a very important part of the aviation is it human factor the human factor and in those pilots ability to make decisions while theyre flying but also critically in those emergency situations where it may be a very short period of that they have to make a decision on what is happening with the plane what is going on and just going to see its going to be very interesting to see how those aspects are addressed in the in this new training and now captain tahj as we as we just mentioned boeing really just that they havent been able to catch a break as theyre facing issues now with the 787 dreamliner what exactly do these latest issues with the 787 mean and are they similar to whats going on what we saw with the max or is it a completely different issue. Well they may be a signal that something more is broken at boeing than just the Engineering Design clearly catching a break is not something we look for in flying youve got to be precise disciplined and have backstops and crosschecks not ever heard of a manufacturing malady in such depth as it is on a 787 when occasionally an engineering misses zein we saw and the max but. I think that theyre going to have to look further than just the Assembly Line floor and theyre going to have to move up the elevator and go right to the top floor because from Safety Culture to crush x. Sure catch capturing it trapping these inst situations is critical to what we do in the cockpit and everyone from the very beginning to the very end as the end user we have to know that that system is set up because up to date the system has failed in the case of that max and we cannot repeat it and i know thats what jamies team did in the past in what were committed to doing now but its not a comfortable space you call to question many things thats called the trust but verify philosophy of flying. To Kevin Frazier and i mean it is a you you bring up of important question is the is the arab important point of maybe this is a systematic of more problems at boeing and obviously being you know the Biggest Aerospace provider as a pilot or are you do you start to become concerned and are you hearing from other pilots that maybe theyre concerned of the say hey you know what theyre made of the problems that have been identified with other boeing planes but its starting to become concerning that these 2 we may not want to get into those anymore and maybe this is obviously airbus has been able to make strides of amid this whole controversy but it is that a concern. Now absolutely its a concern and as far as you know going to a certain section the engineering or the manufacturing just let the airplane the captain is the one held responsible for so we look to the top and we look to what decisions theyre making not just overseeing it but what they put in place that is a real Safety Culture from manufacturing to engineering so the actual training a pilot so its monolithic but thats what it takes in the Aviation Business because the margin is very thin when it comes to safety if all of those checks are not in place and jamie want to kind of tile this back together the 787. 00 only accounts of roughly about 10 percent of boeings unfilled orders while the 737 max is roughly 80 percent because its been grounded for quite some time again the company put focus on taking care of both issues are well the focus to remain on the max because thats going to be so much of their business right now well i exactly this is a classic situation obviously you know with 80 percent of the business thats on built on total planes orders that this is 737. 00 max theyre really going to be focused on that the 7 showed its not taking away from the importance of that issue but theyre really going to be focused on the 737. 00 max addressing that issue and then. Go into the 787 but the same time its not like they cant walk and chew gum at the same time they can you be doing both but the primary focus will be the 737 max capitated im going to give you the last word on this because as he said obviously because its their business but like you said safety is the big issue so they really have to address both of these right. Absolutely and the biggest you know the brass ring is trust you violated it and getting the trust of our passengers it starts right with folks like jamie myself the pilots but alternately the passengers have to be able to turn to someone it may not be boeing it may not be the essay or the airline theyre likely to turn to the pilot and say are you good to go captain and i wont stand there at the cockpit door saying yes sir yes maam unless we are fully trained the airplane is fixed and we know weve got all the backing that were supposed to have to go fly that jet and keep those people safe kept them going to taser and jamie fed thank you both for your time today. But your i. Q. And thats it for this time you can catch boom bust on demand on the brand new portable t. V. App which is available on smartphones and tablets through google play in the Apple App Store by searching portable t. V. Portable t. V. Can also be downloaded on newer model Samsung Smart t. V. s can find it at horrible t. V. Or portal back if you like with that see an x. Factor. Join me every thursday on the alex simon show and ill be speaking to guest of the world of politics sports business im show business ill see you then. Definitions for the words inflation and deflation that this is the fact that he can save both wrapping at the same time or could happen the same time you have to ask yourself whats the whats the use to be even using work like inflation or deflation because a stock doesnt describe the whats going on with the economy weve outgrown those words if the economy has moved beyond those definitions were in a different type of economy and market completely. Look at the believe it is sneer those who really can show you can. Show that they can just be suitably. Well without a surprise though he noticed us they have something that. No no no distributor bull episode. Good to see you through the. During your force where you could be near must of missed with no thoughts about spirit i didnt do it was more sinister experiment done in the. Stadia. Sure sure months for you to post here to post to move to. The story they were but what is. The European Union describes the alleged poisoning of russian opposition figurehead alexei novell in the aftermath of the nation. Opposition leaders and independent journalists in russia are not safe. If there was no new they would have come up with another reason to. Use foreign minister talks of. A russian president over the recent disputed election although it seems confused about which country. Do you. Agree