That Summer Vacation today, youre losing money, particularly if you are a tech investor. On this first trading day of august, the nasdaq aiming for its 29th record close of the year as tech giants from apple, like we were talking about, to microsoft and a whole host of other names, lead markets higher. We have the nasdaq up 176 points right now. Dow is up 274. Youve got to watch microsoft in this final hour. It is hitting a record high after confirming charlie gasparinos report that the og Software King is indeed in talks to rescue viral video platform tiktok from President Trumps threats to ban the chineseowned favorite of dancing teen agers. Of all the chinese apps, why ban this one . Charlie breaks it in just moments. And if the president does ban tiktok, will that be a shot across the bow aimed at china . We have team fox business coverage of the brewing tensions between the two superpowers. Our tech panel is here to tell you if we are on the verge of a high tech cold war and why t
A compromise deal that has been underway for months now with work being done to close the gap on key differences between the administration and House Democrats the biggest difference has been the enforcement mechanism on rules for labor unions and protections mexicos government remains opposed to allowing u. S. Inspectors to enforce labor rules in mexico but they say theyre open to the use of arbitration panels to resolve disputes over labor standards and another demand of House Democrats is the lowering of intellectual property protections for biologic drugs passing this revised version of the u. S. In ca would eliminate and replace the old nafta agreement which was a Key Campaign Promise made by president during his 2016 campaign. And Chinese Telecom giant weiwei plans to outfit more of its products with their harmony operating system in 2020 a while way spokesman confirmed the news saying there are no plans at this time to roll out the new phones tablets and computers but rather use
A packed show so lets get started. And we begin with developing news right now on the u. S. In ca which is the new u. S. Trade agreement with canada and mexico because as of monday trade negotiators from the u. S. And mexico and canada have reached a tentative agreement on this deal it would essentially become the new nafta reports indicate that a final deal could be completed were told within the next 24 hours with Congress Voting to ratify the agreement before the end of this year and this is a compromise deal that has been underway for months now with work being done to close the gap on key differences between the administration and House Democrats the biggest difference has been the enforcement mechanism on rules for labor unions and protections mexicos government remains opposed to allowing u. S. Inspectors to enforce labor rules in mexico but they say theyre open to the use of arbitration panels to resolve disputes over labor standards and another demand of miles democrats is the
Our little girls everywhere love prepare some of these young ladies for reality feel that we dont push them into all cold hard world where they have to fend for themselves and there is no one there to save them on a whiteboard. A very good morning to you its 9 am here in moscow and youre watching r. T. International with me if you. Know its a moment of anger and frustration for Russian Sports fans on to the countrys flag was banned for 4 years from all worlds major tournament the decision was made by the World Antidoping Agency or wada athletes on team russia on devastating. Why this collective responsibility 115 years old girl as you know brilliant skaters synchronized swimmers only representatives of those sports where new good in you and if in adopting scandalous what is the purpose. Its an enormous blow to our sports we have to fight for our flag until the end. Its impossible to discard athletes who have nothing to do with any of this. I dont know what we can do while we youngsters
List smart phones laptops and tablets manufactured by wall way will continue to use android for the foreseeable future with hope officials hoping they will never have to make an official switch to harmony meanwhile the Financial Times is reporting news that Chinas Communist Party has called on all state offices to move forward hardware within the next 3 years the policy has a 352 mandate which means replacement of the software and equipment will happen at a pace of 30 percent in 202050 percent in 2021 and the last 20 percent in 2022 analysts say that this could mean as many as 30000000 pieces of foreign equipment in these Chinese State offices that will need to be replaced now for more on this we did an apparent trade win for the u. S. Lets bring in peter schiff c. E. O. Of Euro Pacific Capital peter thank you so much for joining us today i want to jump right in here so lets start with your reaction to this reporting regarding chinas plans to remove foreign hardware from stays offices