The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the
Is a warning to the entire industry. More planes into a collapsed market. Shery lets get started with a quick check of how markets ended in the u. S. U. S. Futures right now seeing some downside, down 2 10 of 1 at the moment. This after u. S. Stocks closed at a six week high. We have financials leading the gains. Surprisingly good earnings reports coming from Deutsche Bank which is helping sentiment. We have more positive sentiment and perhaps some expectation there could be more stimulus aasures given that we have trio of Major Central Bank decisions this week. 25 s p 500 up more than from its march lows. When it comes to the nasdaq, also gaining ground, about more than 1 for the regular session. Take a look at what oil is doing because we are seeing some upside for wti which is gaining about 1 . Backafter oil plunged below 12 a barrel. We are now seeing it just nearing 32 a barrel. We did get u. S. Drilling cuts but at the same time come we have the biggest oil etf in the u. S. , say
Company to partake we have ever seen in this town on any occasion somebody has recorded. A remarkable moment for many reasons not the least of which offering a toast to the constitution, president , Vice President , congress and then to the illustrious neighbor he truly had retired from Public Service his words in response are words i think of often no wish can exceed that to see our country happy. I can entertain no doubt of it being so if all of us act the part of goodod citizens. He included himself in that equation he is also a citizen that came with rights and duties particularly he would ansay a duty to maintain the constitution to support the laws and guard our independence. As we will see it was a duty he took very seriously he did not retire so much as taken air different approach. Tonight we get to hear about a wonderful book i am excited for you to learn about i read about in the prepublication stage which iub read over my Vacation Home christmas break. I was daunted how goo
You to the first Michelle Smith lecture George Washington hosted by the mayor the City Corporation it is large a company we have ever seen on any occasion a remarkable moment march 1797 for many i reasons offering a toast to the constitution to the president , Vice President , congress and to our illustrious neighbor. His words in response to what we think of option one often none can exceed that and i can entertain no doubt if all of us act the part of good citizens and included himself in that equation. He was a citizen of both rights and duties to maintain the constitution to support the laws and guard independence and see the duty he took very seriously he did not retire from Public Service as take a different approach. Tonight i have had a chance to read in prepublication i read and my Vacation Home over christmas break i was struck and daunted at how good this book was. Also we have Upcoming Events im excited to invite you to especially if you in the very near future and just a c
[background noises] good afternoon everyone. You look like a great crowd here this afternoon. Before we even start give yourselves a big round of applause for coming to learn more about closing the wealth gap in diversity and inclusion. We have some wonderful panelist with us this afternoon. I am so pleased to be here today and honored to be hosting this panel on Financial Services closing the wealth gap and providing access to capitol my name is maxine waters. [cheering] formerly chair of the Financial Services committee of the house of representatives and now the ranking member. Still trying to carry on the work that we were doing as a chair. As you know after the recent election they were able to get control of the house of representatives and they dismantled our subcommittee that i had created on diversity and inclusion. But we are going to talk about what it means to have this wealth gap. You are going to talk to some people who are dealing with clothing this wealth gap have to cl