To get back to school which side will have the strongest appeal. This is boom bust the one business show you cant afford to miss branch a bore in washington coming up the United States has left new restrictions on china for alleged human rights abuses in the province of shinjiro straight ahead we analyzed for brandon what effect the move will have on global trade routes plus the race for a tobin 1000. 00 vaccine has been condensed in record time causing some uncertainty but are these fears warranted coming up we break down the dash for a cure and a later and boeing stock has suffered in the wake of this probe virus and the 737 mexico introverts were taken. Look at the newest moves coming from the Aerospace Giant its back show today so lets dive right in. And we lead the program with another escalation in tensions between the United States and china as the Trump Administration has banned the import of certain goods from the shin jiang region of the country u. S. Customs and Border Prote
Sensitive personal information on u. S. Persons which is accessible to tense and stored in data centers in china and canada well joining us now to continue for us cohosts ben swan and Christine Christie just earlier this week on wednesday the trumpet ministration claim that users who use or download reach out to convey personal or Business Information will actually not be subject to penalties under this new trumped up executive order banning transactions with 10 cent is this a reversal for the administration. Urns are weighing on the market but the prospect of a u. S. Relief package brought some gains on friday metals automotive i t and financial lead losses ending the week and we see our 1st green arrow in australia where the country eased some one bigger roles for banks to help stimulate the economy some of the countrys top thing saw gains of 5 to 6 percent on friday alone the all shares in south africa is just barely in the red for the week the biggest loser on friday was naspers do
Kristie. Well this was actually a really smart move by the u. S. Because a sweeping ban would have made more of an impact a statement but then you also risk getting challenged legally where things are sure to get shaken loose and released a part of that is because then the u. S. Will be disrupting the whole cotton ecosystem and supply chain and china would surely retaliate with a ban on american cotton which would just escalate things to a whole new level mike montes front but even so many Industry Experts see todays move as deepening the trade tensions already because this is a market move from tariffs on finished products to now also including Raw Materials and commodities so now the u. S. Is moving upstream and thats causing ripple effects across the entire supply chain because sheen downs cotton is a crucial piece of the supply chain as a makes up 80 percent of chinas output and 20 percent of the worlds supply so analysts estimate that 24 percent American Textile and apparel import
A statement the trumpet ministration will not stand idly by and allow Foreign Companies to subject vulnerable workers to forced labor while harming american businesses that respect human rights and the rule of law that u. S. Had previously had producers of toys garlic and artificial sweeteners to that same blacklist this is the latest step from the u. S. Taken against chinas actions in the region where human rights advocates say china is holding wiggers and other muslim minorities in detention camps now the Chinese Ministry of Foreign Affairs respond to the move tuesday. May find useful. Cold forced labor. Measures on some Chinese Companies the violated International Rules damaged a little industrial chain with chains and value chain which is outright believe china just wrongly those in. The socalled forced labor leaders also made a dent here and seriously goes against some. People in the us have been complaining that they care about minorities changing in the mean time i mean what the
Finds most young adult americans dont know how many people died in the holocaust while one in 10 even thought it was the jews not the nazis who carried out the millions of killings. A very warm welcome to you youre watching r. T. International with me. They were pinned parliaments adopted a resolution calling for more sanctions to be slapped on russia in response to the alleged poisoning attempts made against opposition figurehead Alexei Novell ne mosco responded by saying many politicians of the block are all too happy to pass premature judgement before any due process has been conducted. The nature of the latest statements coming out of brussels makes us think that our western partners are not interested in stablish and the truth will help with common sense will prevail on the you in the end and our partners will dish the practice of arbitrary attributing blame and make conclusions based on real and confirmed facts and the informant. On his piece on of a has more on the vote in the E