After an incredible session where the dow surged 223 points breaking through the key 28,000 level. While the s p gained 7. 7 . Six straight up week nasdaq raising on positive trade chatter. I think its within reach. We need to approach this with a certain amount of skepticism but theres a possibility. All that needs the to happen is that the chinese pay market prices for boat loads of pork and get an agreement that opens up their markets to our financial companies. Pork deal wouldnt even be much of a favor chinese need pork. Their pigs have been dropping like flies because of that swine flu. President trump knows chinese want and need our pork yet they keep trying to bargain with him i mean, come on. At this point, i dont think they are that far apart, at least not according to larry kudlow if china doesnt give in and order some bacon it could be curtains the if negotiations fail that ushers in the next rounds of tariff hikes which would, of course, go into effect in december and might
On all our stories on our website. It is all there. And you can get in touch with me by social media. Now on bbc news live to singapore for Asia Business report. Us blacklist revisions. More than two d oze n us blacklist revisions. More than two dozen Chinese Companies are added. The nba is bringing basketball to india but is it the cricket obsessed nation ready to welcome another spot . Good morning, asia, hello, world. Glad you could join us this tuesday. The worlds two superpowers will be meeting in washington on thursday is the latest rows of trade negotiations kicks off but these togs come against the backdrop of the american decision to place 28 chinese entities effectively banning them to using ending us technology. According to the commerce department, they are acting contrary to American Foreign policy interests. What is this ban all about . It happen in the late hours of monday. The Us Commerce Department announced it was placing 28 chinese entities on an entity list which ef
Genting instead to the polls this weekend it is said to oust the just below sturdy of business friendly conservative my priest lucky. I mean physical and its Good Business its the next round of talks in the bruising trade war between the United States and china the 1st punch coming from mike pence the u. S. Vice president accusing beijing of containing rights and liberties in hong kong and letting out at american companies. Mike pence wants u. S. Corporations to stand firm against chinese pressure he pilloried them as social justice champions which took their social conscience is that they zhangs door. And far too Many American multinational corporations have kowtow to the lure of chinas money and markets by muzzling not only criticism of the Chinese Communist party but even affirmative expressions of american values. In fiery rhetoric pens also claim that u. S. Trade deficits had rebuilt china over the last 25 years and that the American People back washingtons trade stance towards be
Edge of the Samsung Electronics empire is Corruption Case is up for review. Im going from one place to business and you study shows europes economic engine is stabilizing and thats despite so much uncertainty surrounding the future of global trade and the potential fallout of brags that the Business Climate index has just been released and economists surprised they were expecting morale to take another hit instead its Holding Steady many businesses actually expect order numbers to grow over the next half year germanys export refined economy has been suffering from slower Global Growth and Business Uncertainty caused by some governments protectionist measures. And we can get out to tens 1st president of the institute what has changed. Oh yes we have a change in manufacturing so the decline in the evil in the eggs were mostly due to a decline in manufacturing over over months and we now have a some of the stabilization in this very important area for the German Economy one of the reasons
G20 so far. Officials, official activities have not yet started related to this. The most anticipated meeting here is between President Trump and president xi jinping, which will happen, the chinese plan on presenting during that meeting their plan or their want for what should be acceptable in a trade deal. Included in that, according to chinese sources, is lifting the sanctions on huawei. Those sources say the chinese added that because President Trump indicated huawei could be on the table in a final deal. A Senior Administration official pushing back, saying its unlikely sanctions will be lifted in any case. White house economic adviser larry kudlow adding the president is happy with the status quo. Hes perfectly happy where we are and where he is. In these socalled negotiations and talks. And if need be, we may move ahead, we may move ahead on additional tariffs. Reporter the chinese say a precondition for the meeting between President Trump and president xi jinping is that no add