Cancer well discuss that all right said its time to boost your news i. Q. Tensions between the United States and china are on the rise creating concern that it could be the start of a new cold war and may likely eliminate progress on a trade deal so to talk more about this Rachel Blevins joins me now to go to get into the details so rachel what is the current state of this trade deal where time right now in the United States and china were supposed to be finalizing phase 2 of a massive trade deal but instead President Trump is now questioning whether china is following through on the agreements made with phase one so because of this he says that hes planning to talk to farmers in the coming weeks and to decide whether to terminate that go altogether and that could mean war on china now trump was asked about this and asked about whether he thinks that china is following through with their end of the deal take a listen to what he said. Do hopefully theyre going to keep the deal well see
A corner of themselves right now because there are not only us is putting pressure on them but theyre also getting pressure from japan theyre getting pressure from australia and also europe right now so theyre looking to put out fires as quickly as possible around the globe the geo political forums are referring to i think one of the things that were looking at here i think the blame game around the covert narrative is going to continue it looks to be almost an election grandstanding opportunity with President Trump iran the curtain just looking to storm the election stage again so we think this is going to continue to be in the news but how harmful this really plays out for the markets really depends on how china responds right now things are pretty calm over in china right now the dollar yen the chinese equity seem to be taking this in stride looking at this towards more political bluster than anything else at this stage but if things do escalate if we get to the point where we pull
Tensions between the United States and china are on the rise creating concern that it could be the start of a new cold war and may likely eliminate progress on a trade deal so to talk more about this Rachel Blevins joins me now to go to get into the details so rachel what is the current state of this trade deal where time right now in the United States and china were supposed to be finalizing phase 2 of a massive trade deal but instead President Trump is now questioning whether china is following through on the agreements it made with phase one so because of this he says that hes planning to talk to farmers in the coming weeks and to decide whether to terminate that go all together and that could mean war on china now trump was asked about this and asked about whether he thinks that china is following through with their end of the deal take a listen to what he said. Do hopefully theyre going to keep the deal well see they may they may not going to fund. The state Department Also confir
Im Frances Rivera and im phillip mena. Breaking news. India says namaste to President Trump. Massive crowds greeted the president as he arrived for his first trip to the country since taking office. He touched down just hours ago in ahmad bad, which is the largest city in Prime Minister modis home state. Hes there to speak before a raucous crowd of over 100,000 people at the Worlds Largest cricket stadium. Nbcs carol lee joining us from new delhi with the latest. Carol, this trip seems to be about more pomp than policy. Reporter yeah, phillip, thats exactly right the president arrived here about two hours ago and its been nothing but a glitzy ceremony for him so far he was greeted at the airport by Prime Minister modi. There was a red carpet there were dancers and music and then he motorcaded to ahmadbad people were flooding the streets. There were tl were thousands of people they were cheering, waving american and indian flags. His first stop was at the spiritual sanctuary of Mahatma
The end of next year for governments in and after years of tough often acrimonious negotiations it is possible that 2020 will see britains exit from the European Union become law but dont expect that to be the end of the briggss pain through here in brussels due renewal to inside e. U. Institutions new commission president. Says shes keen to preserve good relations with the United Kingdom in negotiations to come over the future relationship but ill you interests will always come 1st and i think the danger in terms of relations is that again things get pretty tense between the 2 sides with the pressure from the u. K. Side to get things done very quickly and then you side saying thats just not feasible unless youre willing to you know do things our way Prime Minister johnson insists a trade deal can and must be struck by the end of 2020 with no extension here in brussels you know people who are veterans of this kind of process with other countries you know say it takes much longer a year