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Both sides have agreed to quote a very large phase deal phase one deal with china adding that 25 percent tariffs on chinese imports would remain in place but that the 15 percent levies on other goods would be cut in half so heres what both sides actually said this morning listen. Theres a very large deal that covers tremendous manufacturing farming a lot of rules regulations a lot of things are covered its a phase one deal but a lot of big things are covered and i say affectionately the farmers are going to have to go out and buy much larger tractors because it means a lot of business a tremendous amount of those are. The agreement would help improve cooperation between china and us in economy and treat effectively manage the differences in economies treating areas she will note Stables Development of the economy and trade really. Great sounds like a lot of words words words but one of the specifics but we do know this that the new round of tariffs totaling 160000000000. 00 that were s
They are gradually reopening areas where the government sees people can live safely. On their own like. The one. That. There. Is now i dont want. That more creating. Populist anger so i am not saying. That the me that a lot of them its been a minute some. How much im allowed. To do that when you become on their. Way through this and then put them in. Happy new formula dont give me. Your time dont go that dont know there were no media good critics your have a the about this site on the bounce on. Our course most. Of our. Stuff as i dont know. What annoyed the momma. Got the new town this good though i mean the target i want to hide genders are going to be all of them i mean. You know what i want out into the court i wonder she. Was among the most of them started this shit most can i describe your pain you are more than i dismiss. The size of their coming down come with us and on the come you call them and of course as in the small there you know. It all doesnt awkward for muslim on the
New round of tariffs totaling 160000000000. 00 that were set to be imposed on sunday on chinese goods will not happen so how is the market responded well pretty positively today with the market friday but then kind of back down again the markets are confused so lets bring back in my coanchor because the i and boom bust correspondent sara month as they oka and christine ill start with you because heres the thing so much about the Straight Talk right we know that has been about getting this deal done and last week the president made a statement that things one of the deal he said was going to be done until after the 2020 election then the markets crash and so we jump back on that dont at all not true were very very close to a deal and then were sitting there today friday and were looking at the possibility of these new tariffs mean imposed so they get a deal done but no ones saying specifically what is in the deal what do we know so right now the markets dont know anything and thats why
Thats not something that we even know could actually be possible i mean china also said they would be buying more agriculture but they did not give a figure so its still very unclear and looking now at the farmers who have been suffering and really hurting since the start of this trade where theyre looking to continue to sell their products a subsidy from President Trump isnt going to change that they want their clients back they want their business theyve been hurting so badly right now they want to continue to be able to sell but again we dont know if its going to even be possible to do the sale of 50000000000. 00 that supposedly is the United States wants china to buy rights trump needs the agricultural part of this more than in i think he needs the intellectual property more than he needs the rest of the reason for that is he has an election obviously coming up right and you want to make sure that farmers are on your side you can say look ive got a great deal for the farmers one of