The u. S. Revised down its revised forecast for this year and next. The outlook for automakers in a postvirus world. We look at the prospects of japan the boss of lamborghini. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of april, coming in at 3. 8 . This would be below expectations of more than 4 and at the same level than in the previous month. South korea of course has implemented big fiscal measures, not to mention the relaxation of social distancing measures and president moon jaein asking his ministers to swiftly draw up a third budget. He has announced something of a korean style nodeal with statement investments, and we are seeing the south korean Unemployment Rate at 3. 8 , the previousl as in the month as south korea continues to battle the coronavirus pandemic. That seems to have restarted and regained some momentum with those infections around nightclubs in seoul. Lets turn to Sophie Kamaruddin in hong kong for a check on the ma
Reopened operations within the state what does this mean for the auto giant we have a boom bust panel on hand to break it down got a packed show today so lets dive right in. And china announced tuesday a new set of u. S. Products eligible for waivers from salvatore tariffs put in place amid the height of the trade war between the worlds 2 largest economies now the Chinese Foreign ministry issued a statement saying the waivers on 79. 00 products will be put in place on the 19th of may and expire in may of 2021 the new list of products with waivers includes ores of rare earth metals gold ores so wars and it concentrates as part of the phase one trade deal between the 2 countries signed in january china agreed to increase imports of u. S. Goods by over 200000000000. 00 over 2 years now the 2 sides held a call last week to discuss implementation of the phase one following a threat from u. S. President donald trump to pull out of the deal if beijing did not meet their commitments now the Ch
This is a boom bust the one business show you cant afford to miss in washington coming up. To creating. Conditions for implementing the phase one tiny u. S. Trade agreement the spotlight is back on china u. S. Trade as the peoples republic has waived tariffs on some imports from the United States straight ahead we bring you expert analysis into what lies in store for the worlds 2 largest economies plus tesla is defying california orders and has reopened operations within the state what does this mean for the auto giant we have a blue bus panel on hand to break it down you got a packed show today so lets dive right in. China announced tuesday a new set of u. S. Products for waivers from the tory tariffs put in place amid the height of the trade war between the worlds 2 largest economies now the Chinese Foreign ministry issued a statement saying the waivers on 79. 00 products will be. Put in place on the 19th of may and expire in may of 2021 the new list of products with waivers includes
Question, which is does equities know what they are doing . We have jobs numbers looking like they will be bleak. Is the very devastating consensus for more than 21 million jobs lost in the month of april. It is interesting because the bulls and the bears have been a little bit of a sideways battle over the last 20 trading days. There all there are higher highs eating that the bulls might have strength, but the s p 500 relative to the big rally out of march really has not done much net. The bulls and bears are looking for more information. If the report comes in better than what is expected, that could help the buyers rake out of the range. For some of the reit if there is some color worse than expected, you could see some test, and it seems like there are a lot of folks on the street that are expecting some sort of downside action. Maybe not on the payrolls report, but at some point. David thank you so very much. Some of the states are starting to open up, although at different times
Apgch catches up with andrew yang and President Trump discovers the real culprit behind the pandemic. So welcome to the daily social distancing show. From trevors coach in new york city to your couch somewhere in the world sthvment the daily social distancing show with trevor noah. Trevor today is april 1st. Known throughout the world as april fools day. The perfect day to reveal a secret you have been keeping and if the person you tell reacts badly you can pass it off as a prank. Honey, ive been sexting with your sister. What did you say . April fools, ha ha ha. Now this year as you can imagine no one is in the mood to be pranked. In fact governments around the globe including thailand and germany have warned their citizens not to spread hoaxes or to prank anybody relating to the coronavirus. And lets just take a moment to realize how crazy things have got en. That World Leaders in countries like germany are like guys lets cool it wit da coronavirus, prank this year are not cool, dont