U. S. Trade representative Robert Lighthizer was on capitol hill to testify on the Trump Administration trade policy. The use of tariffs, trade with china and implementation of the u. S. Canada trade agreement. Mr. Lighthizer was asked about the Global Supply chain of the inquisition of personal protective equipment during the coronavirus pandemic. The Senate Hearing is just under three hours. Im pleased to welcome ambassador lighthizer. Thank you for joining us. We need to have you here because we face great challenges whether its the murder of floyd or whether its the economic downturn we had because of the pandemic or the pandemic itself. We have a lot facing our country. Its not going to be easy to bring us back on the course of iran and their brave but good trade policy will be one important part of doing so so im glad we have that discussion today. Trade policy is immediately significant because we need to make sure we dont have any unnecessary taxes on goods g2 the recovery or i
Good morning and welcome. Consistent with the guidelines released last night by the ho e attending physician and the speaker all present today in the hearing room are required to wear face coverings. Brief removal of the masks for the purposes of speaking on the record is permitted. I want to thank everyone for their adherence to these guidelines as we continue to do our work protecting the health and safety of our staff families and communities. So thank you for joining us today. Pursuant to todays instance n our hearing is taking place in the ways and Means Committee room with members able to attend remotely with compliance with proceedings pursuant to House Resolution 965. We currently have 33 members logged in and participating via the platform. For those members here in washington and plan to participate in person we have a limited number of available seats at the dias to ensure we adhereby to social distancing guidelines. I encourage members to watch from their office and only co
This is a boom bust the one business show you cant afford to miss unbends one and im 50 im liking 10 coming back on my end doesnt seem to be going anywhere and that is creating a new set of fears on waffles and around the world. The last few weeks have demonstrated just how quickly a new vine is going to spread around the word cozy why does it do you and disruption well how the latest plan doesnt have a measure of the mathematically a long time and money trying to make it like economic growth. Is rising prospers an independent nation is an example to every day should all over the world and one of the most outstanding achievements of our century. And the u. S. Is asking france for a safe haven for u. S. Companies in order to help them avoid a European Digital tax so what is that about and isnt the digital tax for u. S. Companies going to have a live report so much to get to on this very busy day so lets get started and we begin with the coronavirus which is sending shock waves once agai
In italy iran and in south korea here are the latest numbers on the virus as of monday there have been 409. 00 new cases of the virus and 150. 00 new deaths that brings the total to 77150. 00 confirmed cases in china with the death toll of 2592 in terms of china in the majority of the new cases 398 were in the who by province and that includes all but one death its also important to know that many thousands of people have already recovered from the corona virus which again mostly places at risk the elderly and the very young as is common with these kinds of things among those countries though that we were just talking about italy is now looking to take more drastic steps after a 6 person has died there italian authorities on monday get this they shut down schools universities and museums across the countrys north they also banned public and private gatherings including soccer matches and cultural events in venice ended its annual carnival early and Catholic Church leaders. Announce the
A total of 265. 00. In these last few minutes yes. It is an adult i mean years old from. As i said earlier there are 200 in 1000 and. One. Or both of the people affected italy were in the wealthy northern part of the country around alone and as a result there are a number of border crossings around italy including in austria holds in trains from italy romania demanding written statements from all arab passengers about their whereabouts in the country and germany stating that quarantines of entire communities could be required in germany if the virus spreads their. Major u. S. Indexes are off about 3 percent with the dow dropping a 1000 points mid day before recovering slightly as coronavirus cases outside of china surge there still remains a high degree of uncertainty surrounding the virus as no one knows how this all to milly will play out many analysts have predicted a sharp recovery similar to that of sars however it will all depend on when the situation will come under control the