with your knowledge of the beat and such things political, where is our standing at tend of this weekend around the world? well, we got out of there. the president was able to spike the football. he got to announce that we have, apparently, a new trade deal with china. we haven t seen any of the details from it. the president is telling us this is happening. the calming of the trade war, although there was confusion today, when exactly the the dates we should circle on our calendar, they had to walk back. larry cudlow s remarks to press. we got the president back on u.s. soil, which is always it s always a challenge. these international summits are exhausting. and if the worst thing that we found out happened is the president broke decorum and protocol, we ve seen worse.
very substantial amount of various u.s. goods from multiple industries. trump tweeted several details of he is calling a deal, writing, china has agreed to reduce and remove tariffs on cars coming into china from the u.s. farmers will be a very big and fast beneficiary of our deal with china. they intend to start purchasing agricultural product immediately. we make the finest and cleanest product in the world and that is what china wants. farmers, i love you. but the trade truce agreement does not exist on paper, nor was there a joint statement released after the meeting. beijing s statement had notable differences from the one that washington put out. the president s economic team had some difficulty explaining the details with larry cudlow telling reporters, in terms of the actual discussions, i ll call them commitments at this point, which commitments are not
it got a lot of talk. he just took off and left the president of argentina phil, with your knowledge of the beat and such things political, where is our standing at tend of this weekend around the world? well, we got out of there. the president was able to spike the football. he got to announce that we have, apparently, a new trade deal with china. we haven t seen any of the details from it. the president is telling us this is happening. the calming of the trade war, although there was confusion today, when exactly the the dates we should circle on our calendar, they had to walk back. larry cudlow s remarks to press. we got the president back on u.s. soil, which is always it s always a challenge. these international summits are exhausting. and if the worst thing that we found out happened is the president broke decorum and
billion in u.s. goods if the u.s. aabandons tariff threats. or as nafta negotiations drag on. but larry cudlow says the president does not want to withdrawal from nafta. instead, he wants a different approach. his preference now, and he wants me to convey , is to negotiate with mexico and canada separately. separately. america s top ceos are concerned about the president s actions. they re scaling back plans of hiring and spending. 89% of business leaders worry trade policy will slow the economy. 90% think it will lead to higher business costs. major economic news. > we know the president doesn t like multilateral agreements. the white house, they are claiming the eagles visit being canceled, that was the eagles
china, the trade deficit for last year, $375 billion in goods and services. canada, $18 billion. mexico, $71 billion. japan, $69 billion. germany, $65 billion. in deficits. the wall street journal and the free trader friends, that doesn t matter. that doesn t matter. but then they wonder why people turned out to vote for trump. manufacturing jobs, blue collar jobs, used to have 18 of the 20 steel manufacturers in the world, now we have two. and none of the steel companies in the top ten today, larry. look, we actually run a surplus all in with canada. laura: you re doing the timber thing, right? the services thing. laura: goods and services, it s $18 billion. the issue here, i don t really think it s trade deficit, that s not my favorite metric, the issue here is tariffs and non-tariff barriers. so they won t let us sell to