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Transcripts For KQED Nightly Business Report 20240714

Was another record for the s p 500, but the gains were a capped bit as yesterdays enthusiasm over a trade truce between the u. S. And china was replaced by a scepticism today after the u. S. Threatened more tariffs on 4 billion worth of European Union goods. Just another chapter in that longrunning despite over aircraft subsidies. In the end, stock did hang on with the dow rising 69 points, the nasdaq a climbed justut 18, and the s p scratched out a gain of eight for that record close. And as for the china trade issue, Administration Officials met to discuss what to do about the Chinese Telecom company huaw. As part o the detente the u. S. X re restrictions against the company but it isnt exactly clear what that means, but white house trade advisor Peter Navarro gave his take we a going to work closely with our allies around the world to make sure huawei 5g is not in those countries, but in the meantime a small aunt of lowlevel chips are going to be sold to keep systems going, and that

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