And eamon javers has the latest from the white house good morning. Good morning, carl. The exact details are under wraps until after the president signs this deal but officials are talking throughout the morning in general terms about whats in here treasury secretary Steven Mnuchin earlier today this isnt about ag purchases which have gotten so much attention but the fundamental way Chinese Companies behave in the Global Economy. Heres what he said we need to put together very significant laws to change rules and regulations and made very strong commitments to our companies there will not be forced Technology Going forward. I think thats a very big win for our technology companies, for our businesses and for our American Workers. Larry kudlow on cnbc earlier today. The National Comic Council Director suggesting also there are big manufacturing, energy and services, purchases in this agreement in addition to the ag numbers that a lot of people have been talking about going forward. The
Expected to move to trial, the phase one china trade deal expected to be signed at the white house this morning top trump economic adviser larry kudlow joins us first cnbc this hour. And financials are in focus, bank of america beats for the quarter, goldman hampered by litigation charges target shares are plunging. Holiday sales miss on estimates on weakness and toys and electronics. The u. S. china phase one trade deal said to be signed this morning this is what secretary mnuchin said about the agreement earlier this morning on squawk. We need to put together very significant laws to change rules and regulations and made strong commitments to our companies there will not be forced Technology Going forward thats a big win for our technology companies, businesses and American Workers we look forward to learning more in the wake of this signing. Jim, mnuchins appearance this morning brought us something new, the notion of phase 2a, phase 2b, phase 2c, so stories evolving rapidly i think