Comments now a clarification reduced mr nugents comments to a very good expression of hope bloomberg cited unnamed u. S. Sources suggesting that the white house could pledge in osaka to suspend pending tariff increases in the meantime speculation over the talks is obscuring other issues on the g 20 agenda much as the terror of fight is shadowing the global economy. Canada also wants to see this trade deal get done to try to country has been stuck in the middle of a fight between the u. S. And china since its attained an executive from chinas tech giant weiwei on the request of u. S. Authorities now an all out meat ban imposed by china against canada is adding to the souring relationship between the 2 nations our g. s alex mahela joins us along with more alex china has been angry at canada since the detention of. One jew some canadians say that they have been punished with everything from the dissension of its citizens in china to trade issues now were hearing that china is putting a ba
I. This is boom bust broadcasting around the globe and covering the world of business and finance and the impact upon us all im doing your burrito and im christine one eye in washington heres a look at whats on track today as the world awaits the meeting between president obama and he at the g. 20 summit meeting this week another western nation has been feeling the wrath of kind of our correspondent alex mahela they have standing by in toronto to break down everything retaliates and again made in force products on the peoples republic. But another day another turn in the meantime scandal that has been in the spotlight i thought effect there lauren fix the car thought it will get into the drivers seat to send us through how the real navy coming off the world Famous Company finally tensions in the persian gulf are still tumultuous the u. S. Has jumped on the opportunity are. Having their joint program today to begin american oil exports in the wake of security concerns in the. South of t
Spiking over those concerns over iran also coming up on the show, House Financial Services chair Maxine Waters on why she wants a hearing over facebooks crypto play, libra. Join us, stephanie link, from levine, welcome. Are you doing buying today little bit. Little bit like what little Semiconductors Semis little broadcom i started a position last week when it fell 8 on the day and i just kind of think that the valuation makes a lot of sense and well see. Its a china proxy for sure, so something good has to happen on trade but i think the valuation is discounting a lot stephanie i was talking to one senior trader who said that the threat of a cut on Interest Rates is more powerful than the cut itself and that therefore its harder to get this same good news again. Likely be dialing back the promise of a cut or it will be the cut itself youre coming from a much lower base than historical levels but it was good news that we got i think the commentary yesterday was exactly what was needed.
Yesterday. Perhaps the mine was removed have failed to detonate and the iranians wanted to get rid of evidence that they were behind the attacks. Mike pompeo said yes they were in this morning on fox the president said the attack have quote i read and written all over it. Despite what is happening in the oil patch. It remains at a depressed level. As we speak. Why do we give credit to americas oil glut. We run the show now. And oils at 52 per barrel. They had signed a letter opposing tariffs on china. They harm our economy. The president is losing some support. There is no certainty that a meeting with sheathing ping will take place. And look at this. The stock market shrugging it off. A minor loss of the opening bell. The most of the losses are with two stocks. So far we are not seen the big losses that mightve been expected with all of these problems all over the place. We are seeing us flight to safety. The yield of the ten year treasury is all the way down. That brings the yield do
Business with huawei, if you want to do business in america. Farreaching ramifications of Trump Trade War shaking the markets just a bit, yes, you do see a little bit of a comeback but specifically apple, chip makers, energy names to drag down oilrelated shares, we do have insecurity here but as we head into the last 60 minutes of trade wall Street Holding onto small weekly gain, lets see if we can hold onto them at the close. The finger pointing on tankers, President Trump not only blaming iran but taking one step further saying that iran will never have a Nuclear Weapon on his watch. National security and implications of heightened rhetoric, less than an hour on closing bell this friday, a lot can happen here so lets start the countdown. Liz it is red right now but look at tesla, briefly turned positive, it is down just 15 cents, barely. Lets call it flat for the moment. The Electrical Industry News Services saying that electric says the Company Owned by elon musk, well, owned by sha