Utz Brands, Inc. , a leading U.S. manufacturer of branded salty snacks and a small-cap growth and value Staples equity, today reported financial results for the Company’s fiscal first quarter.
of goods over the 2017 value. but with new data we got yesterday, based off the last two years of purchasing from china, they fell about $200 billion short of what they were going to purchase, whether it bow from automobiles, aircraft, agriculture. while we hear some optimism about increase in existing markets. at the same time, china, there s frustration. and if we could pull up the u.s. trade representative spokesman saying the data released today has fallen well short of the purchase commitments they made under the phase one agreement. we have engaged prc on its shortfalls for months but have not seen real signs towards moving forward and our patience is wearing thin. the biden administration has
china going forward. and in part, he told me, the data released today confirms that china has fallen well short of the purchase commitments they made under the phase i agreement. we have engaged the prc on its shortfalls for months, but have not seen any real signs towards making good on the purchase commitments and our patience is wearing thin. the biden administration has actually held on to most of those tariffs against china. the question is, clearly, those haven t worked well enough. now where does it go from here? vaughn, i know you re going to stay on top of this. it s fascinating and really important right now. thank you so much for coming on. that s going to wrap up this hour. i m chris jansing in for stephanie ruhle. jose diaz-balart picks up our coverage right now. and good morning. it s 10:00 a.m. ian, 7:00 a.m. pacific. i m jose diaz-balart. and happening this morning, moscow is sending war ships towards the black sea, a stunning move as the west continues to ramp up d