Individual firms for u. S. Soybeans and pork imports according to Chinas Finance Ministry keep in mind china had impose tariffs in response to the tariffs launched by washington over allegations of chinas stealing and forcing the transfer of American Intellectual property now speaking of tariffs december 15th that is the deadline for phase one of the u. S. China trade talks to advance otherwise a new round of you have to us tariffs will kick in those tariffs will cover about 156000000000. 00 in chinese imports chinas move to issue these waivers on key Agricultural Products may be a signal to washington its commitment to get a deal done soon and certainly before the deadline. Germanys industrial sector is struggling facing the steepest decline since 2009 put in the euro zones largest economy fell by 5. 3 percent year over year for the month of october according to the federal Statistics Office Analysts Expect issues with the german industrial sector will affect the overall growth of the
And speaking of the auto sector its got a real shocker on our hands here tesla announced on friday that its chinese built model 3 cars will receive government subsidies teslas model 3 cars being built in its 2000000000 dollars factory in shanghai were on a list recommended for subsidies for new Energy Vehicles which included plug in hybrids battery only electrical vehicles and those powered by Hydrogen Fuel cells 2 variants of the tesla model 3 vehicles are on the list for the generous Subsidy Program so joining us now to discuss this is the car coach to lauren fix all the way from lancaster new york lauren thank you for being with us today. Thank you for having me tesla is aiming to make more than 1000 vehicles a week by the end of 2019 and ultimately push that number up to 48100 a week and a lot of this is about gaining access to the Chinese Market but its not incredible but it incredible how tesla continues to exist based upon government subsidies. So what you make of this governmen
A look at the markets around the world whos up whos down this week and why the u. S. China trade talks continue to impact so many economies its a packed show so lets get started. And we begin today with an actual concrete step in the u. S. China trade talks because every day both sides say that they are close but then nothing really happens friday something happened as china has agreed to waive tariffs on some u. S. Soybeans and pork as what they call a goodwill gesture those tariff waivers were reportedly based on applications by individual firms for u. S. Soybeans and pork imports according to Chinas Finance Ministry keep in mind china had impose tariffs in response to the tariffs launched by washington over allegations of chinas stealing and forcing the transfer of American Intellectual property now speaking of tariffs december 15th that is the deadline for phase one of the u. S. China trade talks to advance otherwise a new round of you have to u. S. Tariffs will kick in those tarif
Variants of the tesla model 3 vehicles are on the list for the generous Subsidy Program so joining us now to discuss this is the car coach to lauren fix all the way from lancaster new york lauren thank you for being with us today. Thank you for having me tesla is aiming to make more than 1000 vehicles a week by the end of 2019 and ultimately push that number up to 48100 a week a lot of this is about gaining access to the Chinese Market but its not incredible but it was incredible how to look at to use to exist based upon government subsidies so what you make of this government Subsidy Program. Well the Government Subsidies Program put in place by china was to entice people to switch over to alternative types of propulsion for their vehicles and whats happened unfortunately is when they did 1st put it out people took advantage of it but nowadays cut it cut it back and now only down to 3500. 00 people of course are not buying it as rapidly d as they were now with tesla and their model 3
Responding and were also taking a look at the markets around the world whos up whos down this week and why the u. S. China trade talks continue to impact so many economies its a packed show so lets get started. And we begin today with an actual concrete step in the u. S. China trade talks because every day both sides say that they are close but then nothing really happens friday something happened as china has agreed to waive tariffs on some u. S. Soybeans and pork as what they call a goodwill gesture those tariff waivers were reportedly based on applications by individual firms for u. S. Soybeans and pork imports according to Chinas Finance Ministry keep in mind china had impose tariffs in response to the tariffs launched by washington over allegations of chinas stealing and forcing the transfer of American Intellectual property now speaking of tariffs december 15th that is the deadline for phase one of the u. S. China trade talks to advance otherwise a new round of you have to u. S.