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
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 u. S. In economy and treat effectively manage the differences in economy and trade areas she will note Stables Development of the economy and trade really. Create something a lot of words words words but what are the specifics but we do know this that the 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 confu
Sunday on chinese goods will not happen so how is the market responded well pretty positively today with the market up friday but then kind of back down again the markets are confused lets bring back in my coanchor because the i and boom bust correspondent sarah month as they ok kristie 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 said oh no 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 one saying specifically what is in the deal what do we know so right now the markets dont know anything and thats why today all day the markets start on in the negative and right now as a closing market t
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