watch this. it could be a scene from a disaster movie. it happened this weekend in venice, an out of control cruise ship crashing into a tourist boat sending people on the dock running for their lives. it happened on sunday in one of venice s busiest canals. the operator of the cruise ship said in a statement, the vessel experienced a technical issue. loc global stock markets are down around the world after beijing says it will not back down in the trade war with the u.s. beiji beijing squarely blaming the u.s. for a break down in talks. on wooall street you ve got futures lower by about a third of a percent. we ll watch to see if this holds into the opening bell. friday was a tough day, the dow fell 305 points, on the president s threat to punish mexico with tariffs. that s the longest losing streak
the intelligence agency assessments contradict the president on north korea, iran, saudi arabia and the islamic state. privately pompeo vents his frustration on those items including earlier this month on iran in poland. mike pence denounced several allies for not agreeing with m president trump to pull out of the iran nuclear deal. privately pompeo erupted in anger saying pence undermined diplomacy. publicly the secretary remains silent. president trump ordered a series of additional tariffs on china be delayed as washington and beijing work to hammer out a deal. tariffs on 2$200 billion worth f chinese goods were set to rise from 10% to 25% this friday, march 1st. trump announced the delay yesterday on twitter writing i m
yasmin yossoughian. the president is preparing for his second summit with jkim jong-un. he said he and kim expect the progress made at the first progress in singapore. he also thanked china s xi for his support adding the sanctions placed on the border between china and russia have been helpful. last year the u.n. reported those sanctions on fuel shipment and trade have been rendered ineffective due to moscow and beiji beijing s actions. at the time mike pompeo and nikki haley called out russia for actively attempting to undermip andunde undermine and evade north korean sanctions. the president tweet eed yesterd chairman kim realizes perhaps
escalating battle, matt rivers joins us live from beijing. so, china has responded. we ll expect to see the united states come back with more trade tariffs. so, where is the end point here? that s an open question at this point, rosemary. there s no end in sight for this trade dispute, this trade war, because neither side is backing down. if you thought china was not going to respond to the latest round of tariffs from washington, you would have been mistaken. $60 billion were announced late yesterday evening in beijing, around 9:00 p.m. local time, right when the markets shortly before the markets opened up in the u.s. perhaps the timing there, not a coincidence. but the chinese saying they re going to tax $60 billion of american imports. that would bring the total number of imports taxed to $110 billion. that s 110 out of $130 billion the u.s. sends here every year.
u.s. president trump tweeted about the developments, calling it very exciting. china is firing the latest round in the trade war with the united states. beijing says it will tax $60 billion of u.s. imports beginning monday. that is the same day that president trump plans to impose a 10% tariff on chinese goods. he has promised another round of tariffs if china retaliates. the woman accusing u.s. supreme court nominee brett kavanaugh of sexual assault more than 30 years ago, says she wants an fbi investigation before she testifies in public. the senate judiciary committee has asked christine blasey ford to appear on monday. kavanaugh s accuser says she has received a stunning amount of support from her community. but she s also been the target of vicious harassment since she s told her story. her attorney spoke with cnn on tuesday. she just came forward with