Estimates by about 0. 30. Revenue was also better than estimated, and they see revenue up, so that stock jumping in the premarket. Time now for global exchange, where we bring you todays market moving news from around the world. From hong kong to brussels, des moines, iowa and new york, our bloomberg forces are on the ground with the latest top stories. Chinese growth and imports beat expectations. With us from hong kong is in the curran. Is enda walk us through the numbers. Numbers. Ty good a couple of factors behind these good trade numbers, sentiment was much better in the month of december and late last year in advance of the trade agreement that is going to be signed this week. There was an element of front running of the orders because in Chinese New Year falls january. A base effect gives the numbers a bit of a polish, but also importantly, china found new markets even as it suffered from tariffs on its goods going into , and even into europe. Nd Southeast Asia total chinese exp
In hong kong demonstrators clashing with police. Doubts grow over Masayoshi Sons investment record. Topics question his strategy after a series of expensive setbacks. Desktop banks question his strategy. Staggered open, not seeing a huge amount of action. We are up. 1 . Looks like a positive day rolling a flat close of u. S. Equity markets friday. Good news from the u. S. China trade dispute, seems to have been priced in. New zealand has been flat all morning. Seeing modest gains for nikkei futures as well. By s p is pointing higher. 1 . We have also had out of economic the midyear and fiscal outlook. The surplus budget is falling, narrowing a little, same story for the following year and the growth forecast, the government trimming. 5 . A lot of data out of china. We will have new home prices, fixed assets, Industrial Production among others. Later on we are joined by the australian finance minister. He will be joining us on daybreak asia to discuss the budget and a look. For now lets
Because nobody is going to steal our businesses, nobody will close our factories and nobody will close our plants anymore. They are all coming back. [applause] susan President Trump has popularized the debate over tariffs in our country once again. How long throughout our history have tariffs been a subject of political debate . Peter tariffs have been the topic of discussion from the beginning. Tariffs make great rhetoric. Really power people up. One could argue that the United States was founded on a tariff thatll. Not american tariffs, but opposition to english tariffs. Susan we will spend some time we started asking questions about the tariff debate and we thought we would bring the audience along to learn more about the role of tariffs and American History. Before we get into the meat of this, what is a tariff . Peter it is a tax. There are many different kinds of tariffs. You will hear about protectionist tariffs, punitive tariffs. But at the end of the day, the difference betwee
President trump pass leaders lead china take the crown jewels of american industry. Now, we are finally responding to years of chronic trade abuses by defending our workers with tariffs, and anything else that is necessary. Because nobody is going to steal our businesses, nobody will close our factories and nobody will close our plants anymore. They are all coming back. [applause] susan President Trump has popularized the debate over tariffs in our country once again. How long throughout our history have tariffs been a subject of political debate . Peter tariffs have been the topic of discussion from the beginning. Tariffs make great rhetoric. Really power people up. One could argue that the United States was founded on a tariff battle. Not american tariffs, but opposition to english tariffs. Susan we will spend some time we started asking questions about the tariff debate and we thought we would bring the audience along to learn more about the role of tariffs and American History. Bef
Debate ahead of the october 21 election. Today. Verage begins past leaders let china freely plunder the United States economy and take the crown jewels of american industry. Are finally responding to years of chronic trade abuses by defending our workers with tariffs and anything else that is necessary. Nobody is going to steal our businesses, nobody is going to close our factories, and nobody is going to close our plants anymore, they are all coming back. President trump has popularized the debate over tariffs in our country once again. How long have terrorists been the subject of big political debates . A topic ofn discussion from the beginning that tariffs make great rhetoric, really power people up. One can argue that the United States was founded on a tariff battle, on opposition to english tariffs. We are going to spend some time we started asking our questions started asking questions ourselves about tariff baits, but we bring the audience along to learn about the role of tariff