Will have to be under wto rules. The second big element are commitments from the chinese on a few structural changes. Intellectual property enforcement. They will do more of it, they say. That is something they are doing already. The third element is something on currency. The chinese have long been accused of being a currency manipulator. In this agreement, they agreed to be more transparent about how they manage their currency. How they manage their currency. We will see what happens. The fourth element imports from china do to go into effect on sunday is also agreed to lower the rate on about 110 billion in imports from china that took effect september 1. That will go down from 15 to 17 point from 17. 5 to 15 immediately. Those are this is the first time we have seen President Trump rollback any tariffs, and that is a big confidence building measure. The big problem with this agreement, and we are already seeing folks point to it, including chuck schumer, is this does not address so
Wake up wake up remember i was heading out to the bay here. Welcome here. We made it to the fourth. We made it to july. We did. Its the fourth of the july here. First of july, whatever else i said, disregard that. Welcome to the weekend here and we have some weather and i heard someone asking you about the fireworks and probably San Francisco is not a good call here. We have to wait and see, i dont want people to avoid San Francisco but we have a pattern of the fog and clouds. So temperatures cool off some as we get into the holiday weekend. Were cloudy along to coastline and we have a little bit of here but well see the clouds here across the beach. So definitely not a beach day. 53 for San Francisco and go inland where the sun is shining all morning long. The temperatures are similar to yesterday and a tad cooler in some and a tad warmer in some. Going to see the a. S later today . Its going to be cooler out there today, so heres the cool down coming our way and in time for the holid
Yes. It is going away for most of us. At the coast we remained with the clouds in place. And remain with Cool Conditions. Thats a great view. You can see the marine layer and into the city. And a blue sky above it. These clouds are Holding Close to the coast today. Mostly sunny elsewhere. 52 half moon bay. Upper 50s in oakland. Cool side in lovato mold auto. Temperatures are continuing to slide in a downward direction. 88 for antioch. 87 livermore. These areas are reaching 90 degrees and going above yesterday. Around the bay upper 60s in oakland to 70s in redwood city. If youre going to the beach bring the hottie. Its going to be cool with cloudy conditions and 61 in pacifica. Little change for the next couple of days. We also bring the possibility of fog along the coast for fireworks day. We begin with breaking news. A natural gas explosion near detroit michigan. A neighborhood in melvindale under evacuation. You can see the fiery blast on social media. 3000 residents forced out of th
Russian troops are taking control. Groundldiers on the working together with the militia. Yesterday, surrounded military bases there. Many people expect more will be deployed. Addressing business leaders, about 25 minutes away from me, in a conference here. He has said russias are refusing to recognition. Direct negotiation. No bullets have really been fired yet. It is possible this could all deescalate at some point. It does not look like that is very likely right now. Go, tell melet you about the people in the ukraine. How nervous are they these tensions can affect escalation military action . Are you less people on the streets . People are anxious. They are very worried. Most are resigned to the possibility they may have lost their country. They do not see it is realistic to fight against ukraine. Country spent 4 million the Russian Military spent 7 billion. There is still a revolutionary spirit here. There is not a lot of anxiety. Everyone is celebrating. A tad bit anxious it could
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