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Transcripts For RT Boom Bust 20240713

A hand from San Francisco today to break down the latest security threats the latest developments in Artificial Intelligence and what it means for consumers and later big oil has been slowing steadily since its meteoric rise to 20000 but recent reports show manipulation may have played a role in this spike cryptocurrency analyst ben swan is back on the program today to guide us through the crypto paper and what it means for the future of the internet we have a jam packed show today so lets jump right into the headlines. As the worlds 2 largest economies no hope for a phase one trade deal the u. S. And china are looking at rolling back some tariffs people familiar with the talks say if theres a deal removing tariffs will be part of it the phase one deal would include the increase of chinas purchase of American Farm goods rules to deter currency manipulation as well as some provisions to protect intellectual property theft a partial deal would also include. President Trump Holding back o

Transcripts For RT Boom Bust 20240713

Manipulation as well as some provisions to protect intellectual property theft the partial deal would also include President Trump holding back on the imposing the planned december 15th tariffs but now negotiators are working on rolling back some existing duties when asked if china would remove these tariffs Chinese Ministry spokesperson going strong said the 2 sides were making progress. Its not a correct way to resolve the trade issue by slapping tariffs nor does escalating tension and confrontation serve the interests of anyone involved i dont see a trade consolation between china and the us has made some progress and is moving forward we see 2 sides will meet each other halfway and find a solution on the basis of Mutual Respect equality and Mutual Benefit this comes as the u. S. Trade deficit with Global Partners dropped by 4. 7 percent to 52500000000. 00 in september reaching a 5 month low slightly above expectations which were at 52200000000 dollars on year over year the current

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