My plan b, is that if we dont make a deal, i will tariff, maybe not at 25 , maybe a 10 , but i will tariff the rest of the 600 billion that were talking about. So we have much more than 300 billion worth of products. Reporter exclusive interview with fox businesss Maria Bartiromo President Trump says he is happy where things are with china but it is possible that talks could convince him not to move forward with additional round of tariffs but trump says there is more on the table than just tariffs. He wants china to stop manipulating the value of their money. They devalue their currency like a pingpong ball. They played the devaluation card for years, people dont call them on it, were looking for calling them on it the first time. What is the difference, you call them on it, big deal. I want to have a Good Relationship with china. I have a great personal relationship with president she. He is a friend of mine. I think he is fantastic. Reporter no matter what cops out of the facetoface
Haidi welcome to daybreak australia. In sydney margaret have just come online. Annabelle im annabelle droulers. We are counting down to asias Major Trading opens and the stop top stories this hour. A positive move as wall street heads its 15th record high of the year. Investors are awaiting jay powells report to congress for dates on the fed rate outlook. Haidi ahead opecplus extending its supply cutbacks until midyear amid soaring production from rivals and uncertainty over chinese demand. Stephen in beijing, one of chinas most important gatherings of the year is about to begin with leaders set to unveil their targets and strategies, perhaps policies, for road reviving the economy. Annabelle kicking of the week with breaking data out of korea this morning. We have industrial output numbers dropping but coming in better than expected over the course of january. Output of more than 12 or 13 on the year passing estimate were 10 . Also industrial output is falling, still and a contraction
Upon buying is a act of optimism. It is also stressful. Families buying a new home have so much to think about, making sure they are covering their down payments, moving in, getting kids set up in a new school if they have children. Homeowners are confident that their monthly Insurance Premiums will provide a backstop against the physical and natural other dangers or incidents or accidents noting their coverage can help homeowners speak better at night. Or that is how it is supposed to work. Owners have faced a surprise when it is time to renew. Homeowners have spent time years making their payments without fail are shocked to find their insurance or too many cases will not renew their policies at all. Entire markets leaving consumers with few options that cost more. Consumers are counting on their insurance now more than ever. Since the beginning of the year to country has experienced 15 weather disasters, each resulting lay losses of more than 1 million. 15 million 15 weather disaste
Upon buying is a act of optimism. It is also stressful. Families buying a new home have so much to think about, making sure they are covering their down payments, moving in, getting kids set up in a new school if they have children. Homeowners are confident that their monthly Insurance Premiums will provide a backstop against the physical and natural other dangers or incidents or accidents noting their coverage can help homeowners speak better at night. Or that is how it is supposed to work. Owners have faced a surprise when it is time to renew. Homeowners have spent time years making their payments without fail are shocked to find their insurance or too many cases will not renew their policies at all. Entire markets leaving consumers with few options that cost more. Consumers are counting on their insurance now more than ever. Since the beginning of the year to country has experienced 15 weather disasters, each resulting lay losses of more than 1 million. 15 million 15 weather disaste
A look now at challenges in the property Insurance Market witnesses discuss the impact of rising Interest Rates, oversight of Insurance Marketplaces and insurance providers leading california, texas and other state this hearing held by the senate, taking housing and urban housing committee. Committee banking, housing and urban affairs, to order. Witnesses who have been before and welcome, colleagues and staff first hearing, obviously, post labor day. A few Financial Decisions are more important than buying a home but homebuyers are making the best for themselves, their families and communities. Homebuying is an act of optimism and also stressful families buying a new home have so much to think about a sure they cover that down payment, navigating mortgage and closing process, moving in, getting kids set up in new schools if they have children. Buying Homeowners Insurance has been a part of the process that gets families certainty and peace of mind for homeowners are confident their mon