A packed show so lets get started. And we begin with developing news right now on the u. S. In ca which is the new u. S. Trade agreement with canada and mexico because as of monday trade negotiators from the u. S. And mexico and canada have reached a tentative agreement on this deal it would essentially become the new nafta reports indicate that a final deal could be completed were told within the next 24 hours with Congress Voting to ratify the agreement before the end of this year and this is a compromise deal that has been underway for months now with work being done to close the gap on key differences between the administration and House Democrats the biggest difference has been the enforcement mechanism on rules for labor unions and protections mexicos government remains opposed to allowing u. S. Inspectors to enforce labor rules in mexico but they say theyre open to the use of arbitration panels to resolve disputes over labor standards and another demand of miles democrats is the
List smart phones laptops and tablets manufactured by wall way will continue to use android for the foreseeable future with hope officials hoping they will never have to make an official switch to harmony meanwhile the Financial Times is reporting news that Chinas Communist Party has called on all state offices to move forward hardware within the next 3 years the policy has a 352 mandate which means replacement of the software and equipment will happen at a pace of 30 percent in 202050 percent in 2021 and the last 20 percent in 2022 analysts say that this could mean as many as 30000000 pieces of foreign equipment in these Chinese State offices that will need to be replaced now for more on this we did an apparent trade win for the u. S. Lets bring in peter schiff c. E. O. Of Euro Pacific Capital peter thank you so much for joining us today i want to jump right in here so lets start with your reaction to this reporting regarding chinas plans to remove foreign hardware from stays offices
And this is the bus broadcasting around the world covering all aspects of our Global Economy in the 21st century. And im french born in washington heres what we have coming up today i feel has been reached to ratify the u. S. M. C. A. And the deal might be signed by the end of the year were bringing break down what lawmakers are saying about the landmark trade deal plus jeff bezos of amazon claims that its him about a job to support the department of defense why bezos says that his employees feelings on supporting warfare are important when it comes to the direction that the company will say. And their stock keep falling since its acquisition of monsanto 3 juries have found that roundup caused cancer and now the number of claims being filed has more than double those of americas boyer might happen tonio joins us to explain where the lawsuit will go from here it is a packed show so lets get started. And we begin with developing news right now in the u. S. In ca which is the new u. S. Tr
President trump. We have live too capitol hill on the breaking stories and allstar panel. All that and much more on making money. [. Charles markets opened much lower. They began to slowly climb higher after fed chair Jerome Powell testified the Federal Reserve optimistic about the u. S. Economy. The fed likely keeping Interest Rates unchanged this coming months. The dow coming down moments ago, neil just mentioned this, on reports china talks hit a snag how large those foreign purchases will be. I want to go to edward lawrence. He is on capitol hill. With more on powells testimony. Edward . Reporter charles, Federal Reserve chairman Jerome Powell says Monetary Policy is in good place. He signaled there would not be a rate cut in december unless data comes in weaker than they thought. There were a lot of questions from representatives on the committee, about the federal funds rate if there is enough room to handle next downturn or recession. Historically they need five point to handle
This hourlong event was cohosted by the air force association and Mitchell Institute for aerospace studies. The executive director, thanks to our panelists for making it here. The fall of the soviet union brought in a number of aircraft. Most some areas were reduced even further. There is the actual combat command the remaining aircraft. The capitalization efforts for to our delays, the trend that accelerated with 9 11. The notion of pure competition was provided with an updated way of king. Today the air force finds itself the smallest, oldest aircraft fleet and its history. Near the mission area with high demand with nonstate actors still posing a threat on the low end of the spectrum, nations like iran and north korea remain in contention, china and russia presenting a scale not seen since the cold war. There comes a point when a small number of aircraft can only be stretched so far. This is exactly what the secretary of the air force talked about when she made a for 386 operation s