Seconds is that right. That is correct. It is not exhausted. Nothing is exhausted. I think they would like to make a deal. They would like to make a deal. They would like to do it on certain terms and conditions and we wont do that. At some point it will work out in my opinion. The problem was the deal that was signed by the Previous Administration was a disaster, which by the way would be expiring in a very short period of time also. So you really dont have a deal. That deal was a very short term deal. They made a deal but it was for a very short period of time. So that deal would be expiring soon. Yes . Reporter are you asking israel and saudis to Work Together on this issue and always. I encourage everybody to Work Together. The middle east is an interesting place. Historically have not been working together too well. No, israel is starting to Work Together with a lot of countries you wouldnt have thought possible two years ago. Yes . Reporter did you promise the saudis that the u.
Musk and ford, a rough road ahead for the automaker. Those shares head for a lower open today well tell you why all this earnings news plus an ecb meeting. The European Central bank expected to lay out the ground work for policy easing down the road and this could put more pressure on fed chair Jerome Powell to do the same. Its thursday, july 25th Worldwide Exchange on cnbc begins right now good morning welcome to Worldwide Exchange. Im dominic chu in for Brian Sullivan the dow looks to be hovering around flat at the open. We would open up around 24 points for the dow if these futures gains hold into the start of regular cash trading. The nasdaq and the s p 500 coming off alltime intraday record highs and closes. The dow is less than a percentage point away from joining that alltime high club as well. On the bond market side of things, were watching yields as we do every morning here a tick lower tenyear note yields moving to 2. 3 thats a sharp move to the down side the twoyear note yi
Toronto with more alex china has been angry at canada since the detention of. One jew some canadians say that they have been punished with everything from the dissension of its citizens in china to trade issues now were hearing that china is putting a ban an all out ban on canadian meat whats the latest. Well i mean this is massive for canada 2nd largest trading partner were talking about china a lot of our Agricultural Products go there so this is a major hit now heres the reasoning behind this china says that canada out of canada some of the Meat Products that been sent to china had forged certificates of forged custom certificates and here is the Sticking Point and what really is taking off the chinese is the fact that rocco pommy scientists out there who probably would be really angry at my pronunciation of iraq to palming it which is the residue that was found on this meat by chinese authorities that is the issue now this stuff is used in veterinary drugs and Food Additives here i
The g20 with washington agreeing to not impose any new tariffs and will let American Companies sell hightech equipment to Chinese Telecom giant huawei, beijing would buy more American Farm products, President Trump commenting on his meeting with chinese president xi jinping yesterday. President xi and i had a fantastic meeting, great meeting, we get along and we also have a really, really Good Relationship and he wants to see something happen and so would i and i think theres a really good chance of that happening, we had a great meeting. Dagen joining me now Senior Research fellow dean chang, good to see you, dean, what the u. S. Is giving and the china is giving is to get trade negotiations going back on track, where do you see whats going from here . Frankly i dont think we will see much progress the markets are hoping for, the reality is that the core problem, that of chinese lack of respect in stealing of intellectual property hasnt changed, hasnt really been addressed yet and its
Comments now a clarification reduced mr nugents comments to a very good expression of hope bloomberg cited unnamed u. S. Sources suggesting that the white house could pledge in osaka to suspend pending tariff increases in the meantime speculation over the talks is obscuring other issues on the g 20 agenda much as the terror of fight is shadowing the global economy. Canada also wants to see this trade deal get done to try to country has been stuck in the middle of a fight between the u. S. And china since its attained an executive from chinas tech giant weiwei on the request of u. S. Authorities now an all out meat ban imposed by china against canada is adding to the souring relationship between the 2 nations our g. s alex mahela joins us along with more alex china has been angry at canada since the detention of. One jew some canadians say that they have been punished with everything from the dissension of its citizens in china to trade issues now were hearing that china is putting a ba