A compromise deal that has been underway for months now with work being done to close the gap on key differences between the administration and House Democrats the biggest difference has been the enforcement mechanism on rules for labor unions and protections mexicos government remains opposed to allowing u. S. Inspectors to enforce labor rules in mexico but they say theyre open to the use of arbitration panels to resolve disputes over labor standards and another demand of House Democrats is the lowering of intellectual property protections for biologic drugs passing this revised version of the u. S. In ca would eliminate and replace the old nafta agreement which was a Key Campaign Promise made by president during his 2016 campaign. And Chinese Telecom giant weiwei plans to outfit more of its products with their harmony operating system in 2020 a while way spokesman confirmed the news saying there are no plans at this time to roll out the new phones tablets and computers but rather use
There is no need for a rate move next year either. There are still risks, but they have lessened. The worlds biggest ipo opens with a bang. Is or isnt saudi around court worth they need to cut costs. The eu unveils a plan to go green that has some businesses seeing red. You can see already there is pushback for a number of industries. It is all straight ahead on bloombergs best. Hello and welcome. I am Rosalind Chin and this is bloombergs best. The most important Business News and analysis from Bloomberg Television around the world. It starts with a day by day look at the top headlines. Another week began without a trade deal between the u. S. And china. Fresh data released show the trade balance shifting between the two superpowers. Chinas exports fell last month as Global Demand continues remainsand a trade deal tantalizingly out of reach. What are the Key Takeaways from what has happened with the trade data when it comes to the trade deal . It is a reminder of how punishing these ta
A packed show so lets get started. And we begin with developing news right now on the u. S. In ca which is the new u. S. Trade agreement with canada and mexico because as of monday trade negotiators from the u. S. And mexico and canada have reached a tentative agreement on this deal it would essentially become the new nafta reports indicate that a final deal could be completed were told within the next 24 hours with Congress Voting to ratify the agreement before the end of this year and this is a compromise deal that has been underway for months now with work being done to close the gap on key differences between the administration and House Democrats the biggest difference has been the enforcement mechanism on rules for labor unions and protections mexicos government remains opposed to allowing u. S. Inspectors to enforce labor rules in mexico but they say theyre open to the use of arbitration panels to resolve disputes over labor standards and another demand of miles democrats is the
List smart phones laptops and tablets manufactured by wall way will continue to use android for the foreseeable future with hope officials hoping they will never have to make an official switch to harmony meanwhile the Financial Times is reporting news that Chinas Communist Party has called on all state offices to move forward hardware within the next 3 years the policy has a 352 mandate which means replacement of the software and equipment will happen at a pace of 30 percent in 202050 percent in 2021 and the last 20 percent in 2022 analysts say that this could mean as many as 30000000 pieces of foreign equipment in these Chinese State offices that will need to be replaced now for more on this we did an apparent trade win for the u. S. Lets bring in peter schiff c. E. O. Of Euro Pacific Capital peter thank you so much for joining us today i want to jump right in here so lets start with your reaction to this reporting regarding chinas plans to remove foreign hardware from stays offices
And this is the bus broadcasting around the world covering all aspects of our Global Economy in the 21st century. And im french born in washington heres what we have coming up today i feel has been reached to ratify the u. S. M. C. A. And the deal might be signed by the end of the year were bringing break down what lawmakers are saying about the landmark trade deal plus jeff bezos of amazon claims that its him about a job to support the department of defense why bezos says that his employees feelings on supporting warfare are important when it comes to the direction that the company will say. And their stock keep falling since its acquisition of monsanto 3 juries have found that roundup caused cancer and now the number of claims being filed has more than double those of americas boyer might happen tonio joins us to explain where the lawsuit will go from here it is a packed show so lets get started. And we begin with developing news right now in the u. S. In ca which is the new u. S. Tr