The eus top negotiator says progress is slow on brexit talks. His british counterpart claims the uk is showing flexibility. Were live from brussels with the latest in tokyo, british Prime Minister theresa may secures a deal with japan for trade ties after brexit music to vivendis ears. Shares are on course for their best day in four months as impressive sales of smash hit despacito boosts revenues for subsidiary umg welcome to the show. Well kick off with some breaking news. We have the euro area august manufacturing pmi out. Its come in at 56. 6 having been forecast at 57. 4 so were looking at a slight miss there try to bring you more details on that but for now thats all were getting. Once again, that came in at 56. 6 after a forecast of 57. 4 lets look at how the stock markets have opened today. Were seeing more green than red on the board so, another positive day its not going to be enough to help the markets overall this week we saw they did indeed european stocks closed down for
The show to members of congress. This week on the communicators well talk with members of congress as well as some of the companies, and well also showcase some of the latest technologies. Gary shapiros the ceo of cpa which is sponsoring this show on capitol hill. Whats important to bringing these companies to capitol hill to meet with legislators . Guest well, we have a couple dozen companies, and we wanted to give the members of congress a quick, easy sample of what we do every year in about las vegas with 2. 5 million square feet. We want them to see innovation happening thats happening in the u. S. , lifechanging innovation whether its health care, its car navigation, its in health and safety, so many other things so they understand the decisions they make have reallife consequences. Host so, mr. Shapiro, whats your early impression of the Trump Administration and the Tech Community . Guest i think the Trump Administration wants the Tech Community to succeed. It measures itself by
We have a couple of Dozen Companies and wanted to give the numbers congress a quick,ese sample of what we do every year in las vegas, which is about 4,000 companies, not a couple of dozen, and thats half a million square feet. We want them to see innovation happening in the u. S. And lifechanging innovation, whether its in health care, car navigation, health and safety, so many other things, so they understand the decisions they mae make have real life consequences. What is your early impression of the Trump Administration and the Tech Community . I think the Trump Administration wants the Tech Community to citied and help drive the stock market. Were seeing positive action on nafta, rewriting it in a way which will not be harmful to american industry. Also movement on overregulation and. What be the fcc, early signs from the fcc and. The fcc chairman has redefined what the commission is doing in a very positive probusiness way. Focus on regulation and privacy. Its not the big power gr
Some big winners, it could also start producing some big losers with the dow edging up 21 point, snaep declining marginally, and the nasdaq falling 0. 36 . Before i go into how things are playing out, let me say candidate trump may turn out to be different from President Trump. Candidate trump, what does he want to do . He wants to cut taxes, right . He wants to build infrastructure, build up our armed forces, and be tough on our trading partners. A philosophy that included scrapping nafta to get back at mexico and perhaps throwing tariffs on the host of goods we import from china. Last weeks rally was based on the first part of the premise. You got taxes, you build more and Interest Rates go high, which is good for the banks and theyve continue to rally. You give people more disposable income. Thats good for retailers and travel and leisure companies. You want to pump up our military, you need to order hardware from Lockheed Martin and northrup grumman, to name two. The moves in those
Launch an allout trade war against china. An oped in the chinesebacked newspaper, the global times said any new tariffs would trigger immediate Counter Measures from beijing. This comes in response to donald trump repeatedly saying on the campaign trail that the u. S. Would punish beijing with high import tariffs in response to what he considers unfair trade practices. He also wants to brand china a currency manipulator. The stakes, of course, could not be higher. Americans love iphones and other goods, from furniture to nike they get at low cost from china, but they resent the job loss that many rightly or wrongly lay at beijings doorstep. With china, they dump their product all over the place. So declares the president elect. But china is not taking those kinds of words sitting down. The country warning the president elect that it will meet a trade war with a trade war. The staterun global Times Newspaper telling president elect trump what that might look like. A batch of boeing orde