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Transcripts For FBC Bulls Bears 20240714

This critical summit for him. The president will be talking to nine of the 20 leaders. That will start tonight japan time. President trump will be talking trade with japan and china. On japan, the u. S. Trade representative Robert Lighthizer believes he could have a deal, a trade deal in place within weeks, on china and in exclusive phone interview with our maria bartiromo, President Trump says the next round of tariffs on chinese imports may not be 25 . I havent done phase two yet. Now, phase two doesnt have to be 25 . It could be 10 which people can absolutely handle. But our people arent going to pay for that either. And the president argues that Chinese Government is actually paying for these tariffs and the way he says that is the Chinese Government subsidizes their companies to keep the export costs low on to these tariffs. Thats the way he says china is paying for this. This week will go a long way to see if we can have a trade deal in the near term or longterm with china. A sou

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