Crucial because winning could be the only way for him to avoid criminal prosecution over corruption charges if he stays as Prime Minister he keeps his immunity but right now the netanyahu organs need support from the smaller parties to form some sort of Coalition Government and maybe one of the most important players is Avigdor Lieberman who leads an ultra nationalist Secular Party he quit as a defense minister back in april which ultimately led netanyahu to call the snap elections and he is one of the players who wants that unity government or at the heart of the homemade is covering events for us from west jerusalem today its close but at this stage a slight advantage to benny gantz. Slight advantage at this stage one seat advantage if you just look at the results of the blue and white party versus delete party. But if you put together a possible coalition. Many dance gets a few more seats as an advance but all of that is yet not set in stone we do know that he has on board the lefti
Administration has largely avoided hitting consumer items this represents a crucial Inflection Point in the trade war with china as now the tariffs threaten the u. S. Economys main driver Consumer Spending despite headlines i go back and forth calling for progress has become ever more clear now that the trend is towards escalation not to deescalation in addition to increased duties on american exports china has now lodged an official complaint against the us at the w t o saying that the latest actions by elated at the consensus reached by leaders in osaka this lawsuit is now the 3rd that beijing has brought to challenge the. The us says that they are penalizing china for theft of intellectual property that is not covered by the rules although many trade experts say that any tariff above the allowed maximum must be justified at the w t o under the washington now has 60 days to try to settle this dispute. Then china could ask the w t o to rule a process that would take several years this
The future of the peso an argentine economy 3 day weekend is over were roasted or ready for a great show lets go. We lead our global report today with new allegations from why we technologies accusing the United States government of using every tool at its disposal to stymie its business and a press release issued tuesday waterways said the u. S. Had used one foresman to quote menace its employees launch Cyber Attacks on their networks and detain shipments related to its business the release was specifically in response to the opening of an investigation into whether wall we had stolen for Smartphone Camera technology from portuguese multimedia producer rui olivera in the release a Telecom Chinese Chinese Telecom giant accused olivera of quote taking advantage of the current geo political situation without citing any specific examples a company said the u. S. Had sent f. B. I. Agents to while away employees homes tool up to attempt to collect. Information on the company the release als
Percent lower as this latest round of terrorist is the 1st to directly cover many consumer goods hitting middle class staples like food Apparel Footwear and Consumer Electronics the average tariffs on chinese goods is now over 21 percent compared with a 3 point one percent when president 1st took office it is estimated that these tariffs will cost american households at least a 1000. 00 a year as companies are now increasingly at a loss on how to respond more than 150 trade groups sent letters to trump last week pleading for a postponement this latest round of tears is different as previously the administration has largely avoided hitting consumer items this represents a crucial and election point in the trade war with china as now the tariffs threaten the u. S. Economys main driver Consumer Spending despite headlines i go back and forth calling for progress has become ever more clear now that the trend is towards escalation not to deescalation in addition to increase duties on america
Anything even if china wins this case but this lawsuit was primarily intended to send a message rather than to force an outcome it is that china values multilateralism and defending the International Trading order even as trump is pursuing unilateralism the latest clash has rewritten the rules of trade in ways that have no historical precedent and are driving the worlds 2 largest economies further apart trump a new shouldnt have expressed confidence that another meeting will take place later this month but china has yet to offer an official confirmation. And now to break down the latest effects of the ongoing trade war we bring Jeffrey Tucker of the American Institute for Economic Research and top horowitz chief strategist at trading. Lets start with you jeffrey this latest round of tariffs is a big deal as now more than 2 thirds of consumer goods in the u. S. Imports come from china now face higher taxes as businesses pull back on invest. Spending and exports slowdown american shopper