Socialism professor Richard Wolfe professor as always thank you for being with us today lets start with the shares in Chinese Telecom companies that have jumped following these loosened sanctions as i just mentioned u. S. Secretary of commerce will be while we remains a Serious National Security concern but is this the start of the u. S. Essential e backing down. Absolutely if this is a should leave the United States widely expected for some time and as a response not only to pressure from American Companies that want to walk away and rely on business with. Initial pressure from all the countries germany is a prime example that have already embedded while way. Which is among the best in the world i mean a little dish in the long run jus wont be ready as better chips will go to the United States. In telecommunications and this is the recognition that the chinese really already completed or you believe the highest level and yes its. Because you become too expensive for the United States
Days after the 1st deadly clashes in decades between china and india both countries now calling for a peaceful resolution but the violence also comes at a time when the u. S. Has strengthened that relationship with india and has seen increased tensions with china rachel bludgeons is joining us live from the newsroom with the latest developments there rachel well manella secretary of state my pompei was to meet with one of chinas top officials today amid increasing tensions between washington and beijing trade disputes to involvement in hong kong to the coronavirus the meeting is expected to cover a range of topics but could now include the latest dispute between china and india india has confirmed that at least 20 of its soldiers were killed following border clashes with china on monday but regime has yet to report. Amber of casualties on its side political observers suspect chinas decision not to release the number of soldiers killed could see its desire to downplay the situation due
Commerce Department Released a new rule on tuesday that will allow American Companies to collaborate with wall way on setting standards for next generation technologies essentially what this means is the new rule will amanda wall way entity listing and it will allow certain technologies to be released to walk away and its affiliates if it contributes quote to the revision or development of a standard in a Standards Organization will the u. S. Added wa wait to its entity list in may of 2019 this was over National Security concerns a claim that wall way has repeatedly denied but in an interview with fox business commerce secretary wilbur ross clarified that this new rule is not to help wall way but simply to quote help make sure we have ubiquity in 5 g. Adding the change is really simply a clarification it isnt that were doing something to help all way what were doing is something to make it easier for Global Standards to be symmetrical ross reiterated not. Security concerns remain over
Surprised about the extent and of the currents which the inclusion was involved in some of those cases the killers would lead to be named. And were getting i think it went to do very very top i think. It was here where all the tape you walk on and give the go ahead. This is the one business show you cant afford to miss on fairmont and washington coming up despite trade tensions but china the United States is easing up on 5 the restrictions against huawei well talk about this. More with economics professor Richard Wolfe on the head of a mistake or made in the oversight of the boeing 737 match because as lawmakers look to learn more about the jet and the 2 fatal crashes which surrounded it we have a power show today so lets just start. The u. S. Commerce Department Released a new rule on tuesday that will allow American Companies to collaborate with wall way on setting standards for next generation technologies essentially what this means is the new rule will amanda wall way entity listi
Good morning. I call this hearing to order. Before i address the topic of todays hearing i want to say a few words about whats happening in communities across our country today. This is a time of great pain and unrestfor our nation. Americans are truly outraged by recent killings. Anyone who watched the video of the murder of george floyd has to be horrified and heartbroken. The resulting peaceful protests about police abuse against any american citizen are important and necessary our nation needs to listen to the voices of africanamericans about police brutality. Every american citizen deserves justice under the law. Some of the peacefulprotests have been hijacked by violent criminals. The destructing and looting and arson must stop. Those who commit these crimes dishonor the memory of george floyd and dishonor the cause for which the Peaceful Protesters first took to the streets. Now in a moment of americans to come together to listen and to heal. The goal of this hearing today is to