Today, i am david asman, we have steve moore, liz peek, steve forbes and robert wolf. Larry kudlow telling liz claman to prepare for a big boost on the economy after the trade deal. U. S. China trade deal will add at least a half a point of gdp in 2020, watch, even though we take a hit on boeing in first quarter, unfortunately, were transitioning back today 3 goal we originally had in 1718. David steve forbes a half percentage point added that is about a trillion could is that over stating the effect . I think you will see is year this is on second half, you dont turn that on like a light bulb that will kick in with the election coming up this is good timing. David you say yes. For the whole year, but it will be boosting 3plus percent in latter part of the year. It is positive with more manufacturing and efforts, and farm industry comes back. Those are all good. We know that they have been way off on their gdp, they said after tax reform near 4 even steve more was 5 . I was not. We wou
Connection, thats part of the chinese state. The United States is the number one largest for the economy and china is number two, and they are fighting each other, and therell be damage to global trading. Connell but trades only the tip of the iceberg. The real question is this are we in this together or going our separate ways . Chinas now in the hunt for new markets. You see that with things like belt anded road, part of an Economic Initiative to reach them into that billion market. Connell the next moves are crucial, and this is the challenge of china. Connell so for the United States to challenge presented by china is about much more than headlines generated during a trade war. Im Connell Mcshane. Over the next hour were going beyond tariffs to bring you a unique look at the clash of cultures and beliefs thatll shape the direction of the Global Economy for decades to come. Much of our conversation will happen here in new york, but well also take you to chinas capital city, beijing,
Gerri willis on the floor of the new york stock exchange, blake burman at the white house, and susan li standing by in the news room, make we start with you. Having just emerged from the west wing deirdre and melissa let me lay out the facts right now that we know it. We know that President Trump has been meeting with his trade team or at least met with his trade team earlier today to discuss a way forward whether or not that they would go forward with the december 15 tariff and other options relating to china. At this point, we do not have an announcement from the president from the white house, or any other branch of the u. S. Government there is a phase i trade deal ready to sign between the u. S. And china. Also we havent heard from china anyone with the Chinese Government say that there is a deal to be signed either. We await that. Having said that though i can tell you speaking to one source familiar with everything that has been moving here especially in the last 24 hours that s
Heros journey to help vets tell their story and transition to civilian life. Youre going out there every single night knowing youre facing eminent threat. Pete former cia contractor matt best, joined the army at 17 years old. Deployed five times to iraq and afghanistan after leaving the rangers he continued Service Working with the cia as contractor deployed around the world. Cofounder of article 15 clothing and black rifle coffee. He helps with Addiction Treatment and boot Camp Campaign organization for families. We are the greatest country in the world. Pete former Seal Team Six member, killed Osama Bin Laden rob oneill. He deployed over dozen times participating in 100 combat missions. Has two silver stars and four bronze stars with valor to name a few. His charity, grateful nation, assists special on vets transitioning to the next career. No matter what the situation i was in this past year, as truss straighting and tragic as it was, it will not take away how i feel about being a v
Said that they would finish the wall by 2021, but now the governments top border official says, not so so fast. One border sheriff reacts. Hello, good evening, im blake burman in for elizabeth macdonald. The evening edit starts right now. Else to begin other than your with money and the markets. It was another record close this evening for the dow, and for the fifth friday in a row we can say the s p 500 notched another weekly gain. The market continues to rally into the end of 2019, so we kick things off with gerri willis on the floor of the new york stock exchange. Reporter it was a strong week for stocks, but they stumbled into the close here. Looks like santa may be leaving the building. We got a new record high for the dow, the 22nd of the year, up 23 points. The s p virtually flat. So no record close there, and the nasdaq did not make a new record close, though it was above that allimportant 9,000 level. Listen to the s p 500 and what its managed to accomplish this year. The bigg