Beethoven is for. Beethoven is for. Beethoven 202250th anniversary here on new. U. S. President says trade talks with china are on ice just the latest reason why tensions between both sides are rising another huawei well talk to an expert about how europe is increasingly called the middle. Also on the show the krona virus has disrupted Food Supply Chains in china now beijing is telling its citizens to clean their plates and avoid food waste. And will visit greece for a look at how europes Summer Travel season has fared in the year of the pandemic but 1st. You know why i do what. I do want to deal with what they did. I dont want to go right ok. And that of course is u. S. President donald trump responding to a question on trade talks with china and this is your Business Report im Stephen Beardsley in berlin donald trump on tuesday casting doubt on the fate of a trade deal with china the president saying in the same briefing that he had canceled the talks and just the day before his top
I dont want to deal with money. That was u. S. President donald trump responding to a question on trade talks with china and this is your Business Report im so you can be in berlin its good to have you with Us Donald Trump once again casting down his trade deal with china saying tuesday he chose to cancel last saturdays planned meeting between both sides an advisor had said that the phase one trade deal struck in january was on track but beijing is falling behind on its purchases of u. S. Goods outlined in that plan and tensions are growing elsewhere washington is singled out chinese firms doing business in the u. S. In recent weeks including ticktock owner bite dance and we chat for fun and for more on this im joined by my colleague Chelsea Delaney chelsea good to have you with us chelsea are there signs that the trade agreement is falling through and what would that mean. Well as with anything relating to the u. S. Administration theres a certain amount of rhetoric and theres a lot o
Connection, thats part of the chinese state. The United States is the number one largest for the economy and china is number two, and they are fighting each other, and therell be damage to global trading. Connell but trades only the tip of the iceberg. The real question is this are we in this together or going our separate ways . Chinas now in the hunt for new markets. You see that with things like belt anded road, part of an Economic Initiative to reach them into that billion market. Connell the next moves are crucial, and this is the challenge of china. Connell so for the United States to challenge presented by china is about much more than headlines generated during a trade war. Im Connell Mcshane. Over the next hour were going beyond tariffs to bring you a unique look at the clash of cultures and beliefs thatll shape the direction of the Global Economy for decades to come. Much of our conversation will happen here in new york, but well also take you to chinas capital city, beijing,
Which is just outside of shenzhen. We had a sitdown interview with a key executive. I would say that there is a huge misunderstanding about the type of company that huawei is. Huawei is privatelyowned company. There is no real connection to the state in china. We are part of that thriving private business. That is probably the fundamentally the biggest misunderstanding. Connell there is no connection between huawei and the Chinese Government, no direct connection. There is no direct connection. There is no ownership. Connell take it straight to todays panel, joined by adam lashinsky, fortune executive editor. Fox business contributor. Steve moore with us, economist at heritage, senior mick advisor to the trump campaign. Good to see you from main Mainland China this evening or early tuesday morning. Adam, start with the huawei question. It was interesting for lack of a better word to get this tour of the companys facilities today, but we certainly heard from the founder that huawei is h
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