Clothing so i can see your real faces. But in my heart you are the loveliest people in the world so what you should do now is to firm up confidence lets firm up our confidence together we will definitely win the battle. And well win and china will win. Meanwhile iran struggling to contain the spread there have been more than 7100 acted and at least 237 people have died that number is believed to be much higher now unlike italy and china iran has not placed anyone under quarantine the u. S. Is also working on how to combat the spread of the virus and Vice President mike pence announced Insurance Companies have now agreed to cover copays per coronavirus testing. Please you reported as you requested mr president the Insurance Companies here. For today. To waive all copays and coronavirus testing. Extend coverage for coronavirus. You know your benefit plan and your medicare and medicaid last week already made clear to Medicare Medicaid beneficiaries that coronavirus testing and treatment w
For manufacturing as china begins its road to recovery were going to take a look at the nations Industrial Base and what life in store for supply chains around the globe we have a show for you today so lets go and dive right in. The krona virus continues to spread across the world as europe and the United States prepare to see a sharp increase in the number of cases italy continues to enforce its walk down of some 60000000 people with 1000 new confirmed cases the European Union per president met with Prime Minister is Via Video Conference on tuesday afternoon to court and they offered to combat the virus this comes as chinese president xi jinping made a visit to hunt china this was his 1st time since the start of the outbreak china recorded its lowest numbers of infections there were just 19 and they were all in speaking to doctors behind a screen she thanked some of the medical workers. On the phone you are wearing protective clothing so i can see your real faces. But in my heart you
Both sides have agreed to quote a very large phase deal phase one deal with china adding that 25 percent tariffs on chinese imports would remain in place but that the 15 percent levies on other goods would be cut in half so heres what both sides actually said this morning listen. Theres a very large deal that covers tremendous manufacturing farming a lot of rules regulations a lot of things are covered its a phase one deal but a lot of big things are covered and i say affectionately the farmers are going to have to go out and buy much larger tractors because it means a lot of business a tremendous amount of those are. The agreement would help improve cooperation between china and us in economy and treat effectively manage the differences in economies treating areas she will note Stables Development of the economy and trade really. Great sounds like a lot of words words words but one of the specifics but we do know this that the new round of tariffs totaling 160000000000. 00 that were s
New round of tariffs totaling 160000000000. 00 that were set to be imposed on sunday on chinese goods will not happen so how is the market responded well pretty positively today with the market friday but then kind of back down again the markets are confused so lets bring back in my coanchor because the i and boom bust correspondent sara month as they oka and christine ill start with you because heres the thing so much about the Straight Talk right we know that has been about getting this deal done and last week the president made a statement that things one of the deal he said was going to be done until after the 2020 election then the markets crash and so we jump back on that dont at all not true were very very close to a deal and then were sitting there today friday and were looking at the possibility of these new tariffs mean imposed so they get a deal done but no ones saying specifically what is in the deal what do we know so right now the markets dont know anything and thats why
Thats not something that we even know could actually be possible i mean china also said they would be buying more agriculture but they did not give a figure so its still very unclear and looking now at the farmers who have been suffering and really hurting since the start of this trade where theyre looking to continue to sell their products a subsidy from President Trump isnt going to change that they want their clients back they want their business theyve been hurting so badly right now they want to continue to be able to sell but again we dont know if its going to even be possible to do the sale of 50000000000. 00 that supposedly is the United States wants china to buy rights trump needs the agricultural part of this more than in i think he needs the intellectual property more than he needs the rest of the reason for that is he has an election obviously coming up right and you want to make sure that farmers are on your side you can say look ive got a great deal for the farmers one of