The deal. And another trade deal on the horizon the Japanese Parliament on wednesday approved a trade deal with the United States which was negotiated by that you could use leaders earlier this year the deal which cut tariffs between the 2 nations will go into effect at the start of 2020 after the deal was made between President Donald Trump and japanese Prime Minister shinzo abbay in september the us president said the trade deal will open the door for 7000000000. 00 in u. S. Beef and Agricultural Products to be sent to japan with tariffs lowered or removed on beef pork wheat cheese corn and wine now in the deal a 2. 5 percent tariff on japanese vehicles will still remain in place japan is currently americas 3rd largest trading partner for foreign products importing roughly 14000000000. 00 worth of products per year now joining us to discuss the latest in the u. S. Trade is Richard Wolffe lesser of economics at the university of am hurst and host of the air. Nomic update professor wol
Held by the Senate Armed Services committee, this is two hours. To receive testimony from the Government Accountability Office Service chiefs of the current condition of privatized military housing. Almost a year ago i first heard from the military families about the conditions they faced and frankly it was called to my attention from the air force base and i thought this was something that was just unique to the air force base and then i thought its elsewhere in oklahoma. Its also everywhere around the country so that was kind of the background of how this all started. Ive come to learn that it is a problem nationwide. The National Crisis in portions we havent seen since the scandal about a decade ago. Members of this committee can our staff an and bicycles, peope traveled and seen the problems firsthand. This is the third hearing that committee has had and im sure that it wont be the last. We hope this is the first two hearings we would see differences by now and be able to use this
To the air force base and then i thought its elsewhere in oklahoma. Its also everywhere around the country so that was kind of the background of how this all started. Ive come to learn that it is a problem nationwide. The National Crisis in portions we havent seen since the scandal about a decade ago. Members of this committee can our staff an and bicycles, peope traveled and seen the problems firsthand. This is the third hearing that committee has had and im sure that it wont be the last. We hope this is the first two hearings we would see differences by now and be able to use this hearing. In fact it was set up to discuss the progress that has been made. Well, it is set up to the progress that hasnt been what he wanted. We continue to hear regularly from the families across the country about questionable practices for the workmanship and frankly in some places about housing contractors just not caring about the families that they are supposed to be serving. Additionally, as it is rep
Well this of course is more positive than what the president said on tuesday when he indicated that a trade deal might have to wait until after the 2020 election wed be clear here every time the president says that the trade deal may take a little bit longer stocks take a dive which didnt requires the president to say that a deal was close or the talks are going well in order to bring the market back up and thats exactly what happened on wednesday after the president made his statement to reporters at a meeting of nato leaders in london say the president said quote discussions are going very well and well see what happens and then sure enough proof like magic stocks rebounded on wednesday as the president also indicated that the 2 sides are closer to agreement on how many tariffs would be rolled back in the states one of the deal and another trade deal on the horizon the Japanese Parliament on wednesday approved a trade deal with the United States which was negotiated by the 2 contract
Hours. The Committee Meets today to receive testimony from the Government Accountability office that serves the secretary, the Service Chiefs on the current condition of privatized military housing. Almost a year ago, i first heard from military families about the abysmal conditions they faced, and frankly, a confession is good for the, soul of this was janet driver who called this to my attention from Tinker Air Force base and i thought this was something that was unique to Tinker Air Force base but its also in oklahoma and its also all the way around the country. And so that was the background of how this all started. Weve come to learn that its it is a problem nationwide. Its a National Crisis of proportions we havent seen since the scandal at walter reed about a decade ago. Members of this committee, our staff and myself, weve all traveled and seen these problems firsthand. This is the third hearing this committee has had on this issue and im sure its not going to be the last. We h