Beijing. For a long time china and iran have been conducting mutually beneficial and friendly cooperation in various fields under the framework of International Law it is lawful and justifiable and not harming the interests of any other and 100 it certainly should be respected or tend we urge the us side and media to stop on the wrong practise of sanctions against chinese businesses that we will firmly descend into the law and interests of chinese you know its just a thing that we china is now calling for the u. S. To immediately halt sanctions on Chinese Companies for maintaining business ties with iran as a reminder on critical oil exports were already sanctioned in 2019 but india and china still remain employed given their necessity for cheap crude Chinese Foreign Ministry Said beijing opposes unilateral sanctions and called for washington to stop punishing Chinese Companies for importing these basic necessary commodities. And boeings new chief executive officer David Calhoun has of
A member of the companys board of directors for many years was put in place following the firing of former c. E. O. Did a small and berger in december troubles related to 2 fatal crashes of 737. 00 max jets which led to the ouster of Mullen Berger have cut have cut more than 50000000000. 00 off the companys market value and now on that news u. S. Treasury secretary steven the newton thinks that the loss in value could affect the overall u. S. G. D. P. By up to 50 basis points telling Fox News Sunday for this year weve been looking at 2. 5 to 3 percent as i said it may be closer to 2. 5 because of the adjustments of the boeing numbers and joining us now to take a deeper look into the state of u. S. China trade relations china trade relationship and boeings effect on the economy are peter schiff c. E. O. Of Euro Pacific Capital and todd bubble or was chief strategist at bubba trading now i want to start with you with the situation regarding boeing what do you make the. Secretarys asserti
Will be signed on january 15th China Remains distinctly unenthusiastic this lack of enthusiasm from beijing is something reminiscent of the last time we thought a deal was on the table buck up cold at the last minute and keep in mind this phase one is by no means a resolution to the trade war significant challenges still remain ahead and china still hasnt publicly made any commitments to u. S. Demands these add quotas as we reiterated are unreasonable targets for china to meet china isha note of caution ahead of this weeks signing on social media saying the quote trade war is not over yet and that just the 1st round of the game doesnt sound very optimistic here so we shall see what transpires on the 15th if it gets done will be optically pleasing for the trumpet mr ation despite heavy balance of whether the agreement will be implemented in full by both countries know that one only covers a low hanging fruit and if china and the us. Even come to an agreement here phase 2 which will invo
Cap it will one shares plunging after a massive date at that breach exposes 106 million customers private information. Dragging amazon into the mess. That and so much more on making money. Charles the fed kicks off the twoday meeting, the president has a message, start cutting. I would like to see a large cut and i would like to see immediately the quantitative tightening stopped. Quarter point enough . Then to have done quantitative tightening, also higher Interest Rates simultaneously, i think was a big mistake. Charles while the fed is expected to cut rates a quarter basis point President Trumps unrelenting pressure on the central bank comes as the American Consumer continues to hold up the economy. Consumer confidence surging to 135. 7. Keep in mind that versus an estimate of 125. Here to break it down, bellpointe chief strategist david nelson and author of the up side of inequality, ed connor let me start with you, david. First of all, the fed tomorrow, what do you see happening .
Perfunctory. Now it is done. Tmobile, sprint, theyre coming together. Charlie gasparino has the breaking details on sprint tmobile, what happens now. The concessions that were made, what it could mean for industry. Will we go to blake, guys . Blake is available. First you were missing in action now youre doing your job. You are doing your job. The white house come out to say essentially we have had much stronger, you know, gdp read, paraphrasing here, if not for the Federal Reserve spoiling the party, that is essentially it, right . Port pot the favorite punching bag of the president and the white house is out today. Very first reaction from President Trump, focus on 2. 1 gdp number. He took to twitter to say that the fed has quote, wrapped an anchor around our neck. That tweet from the president , saying it wasnt bad. Usa ready to go forward but the fed is the problem here. His top Economic Advisor larry kudlow also blamed the fed when pointing to a different number. You remember neil