a calculation, it reckons about 70% of the world can be vaccinated for $50 billion us. but the increased global output if the world did that could be something like 9 trillion within four years. it looks like a no brainer. if you want the global economy to recover, you vaccinate the world. and yet, the leaders around the g7 table still seem to be haggling and hesitating over how much money they want to spend on this. that s right. i think some of them of course are preoccupied with getting their own populations vaccinated, but we re already seeing that countries like the us and the uk have vast surpluses of vaccine doses that could indeed be exported before they expire, hopefully, obviously, to other parts of the world. and we certainly have heard from scientists on the epidemiological score, that we are not safe until everyone is safe and, although some of us in countries where the vaccine roll out has gone well, we might be thinking that we are seeing the light at the end of the tunn
important exports. people. go abroad, make money, improve the quality of life for the whole family. all over the world, the philippines sends architects, doctors, construction workers, nurses, housekeepers, nannies. the entire filipino economy relies heavily on the money sent back by more than 10 million ofws. roughly $30 billion u.s. a year or about 10% of the nation s gdp. until recently, after domestic workers, the largest category of ofws were musicians. like filipino cover bands. they re everywhere. on cruise ships, in hotel lobbies, bars, and of course, in manila. where the competition is fierce and the penalties for not getting a beloved biker favorite like i don t know, billy idol, can be severe.
scrubs. it s been around a hundred years with no change and no innovation. scrubs, before figs were outdated. we re taking fashion and we re taking technical and we re combining it two one. speer the harvard mba andth former handbag designer joined forces to come up with a solution to gaping hole in the $10 billion u.s. market. we designed with thought and function. with purpose. yes, purpose. it wasn t an easy sell. there s a lot saying what are you doing? why are you making scrubs? everyone said are you nuts? now i think they re all pretty surprised with what we ve created. a creation that was almost pre-destined they say. i loved designing and creating as a kid. i wanted to be different. you got to be a hustler a little bit when you grow up in miami. today that hustle was paying off who were on a mission to
participate in gulf other than put water around. heather: china hitting back with $200 billion u.s. tariff threat i should say, 200 billion-dollar threat calling totally unaccept unacceptable. what do you expect them to be? they just respond in kind and they can be more effective. the other thing they can do, they can print money, they don t have laws, subsidize industry so we don t feel it, the president is talking about 10% tariff on $200 billion, they manipulate currency and value the yawn, we will hit the chinese harder and i ve told the administration this if we expect to get results, the tariffs are inadequate to move china, for example, we should impose sanctions just the way we do on
other products plus there s the $20 billion u.s. farm subsidy program that delivers money directly into the hands of american farmers. the problem with this discussion is that we re talking about the symptom, we re not talking about the cause. the cause is that the united states is behaving is a bully in international trade relations. it s america first has become america only and the idea that there could be a win-win situation seems to have escaped them in washington. tony, if we can bring the discussion back here to contrast what happened in canada with what happened here in singapore. what s the risk? you want a meeting to go well. you want a negotiation to go well, but what s the risk of using language saying kim is a very talented man and formed a special bond. the people of north korea love their leader kim jong-un. john, a couple of things. first, let s put this in