We will get details from microsoft president and cfo. And we look at what an internet pioneer sees in the decade to come. After three years in the making, the u. S. And china signed phase one of the trade deal on wednesday. And the vicemp premier put pen to paper for a deal that the president claims will have a Significant Impact on the tech world. Pres. Trump china has made enforceable commitments regarding the protection of american ideas, patents, and trade law. China has also pledged action to confront pirated and counterfeit goods, which is a big problem. Taylor those people in the room with the likes of executives from micron, qualcomm, ebay, and others. To discuss the implications, i talked to adam siegel, director of digital and cyberspace policy on the council of Foreign Relations in new york. In washington, bloombergs peggy collins. We have learned that the u. S. And china have taken the first peggy and china have taken the first step to negotiate some big imports into the u.
In december 28th china marks the 40th anniversary of its Economic Reform Program president xi jinping announced that the efforts would continue. To find that there is no text book for reform and development. And no one is in a position to dictate to us what we should or should not do. Shes warning was almost certainly directed at u. S. President donald trump who has criticized chinas trade policies since the day he took office. They engage in relentless product dumping. Forced. Technology transfer and the theft of intellectual property but those days are over. The United States has Just Announced tariffs on another 200000000000. 00 in chinese made goods for a total so far of 250000000000. 00 chinas market distortions. And the way they deal. Cannot be tolerated. The tensions between washington and beijing have put germany in a difficult position at the 21000 Munich Security Conference chancellor Angela Merkel to try to explain why china behaves the way it does. And you know she nothing
December 2800. 00 china marked the 40th anniversary of its Economic Reform Program president xi jinping announce that the efforts would continue aging ago font that marriage is no tanks book fall reform and development you that joke of a no one is in a position to dictate so os walk we show door should not do you should shes done joe she you shes warning was almost certainly directed at us President Donald Trump who has criticized chinas trade policies since the day he took office they engage in relentless product dumping. Forced. Technology transfer. And the theft of intellectual property but those days are over. The United States has Just Announced tariffs on another 200000000000. 00 in chinese made goods for a total so far of 250000000000. 00 chinas market distortions. And the way they deal. Cannot be tolerated. The tensions between washington and beijing have put germany in a difficult position at the 21000 Munich Security Conference chancellor Angela Merkel to try to explain why c
But is the custom sound System Company showing trademarks of a takeover . We will talk about the survivability of upstarts in the big tech era . Breaking news. U. S. Treasury has named no currency manipulators in its fx report, effectively taking china off of being a currency manipulator. Again, the u. S. Treasury has named no currency manipulators in its foreignexchange report. We know that china was put on that designation list in august, being removed today. I want to get back to our top story. It is all about earnings season here. The big banks set to report earnings this week after having spent billions on technology in 2019. That could be bringing a big change to the bonus culture as traders are being forced to unlearn some of their most basic assumptions about making money. Joining us, our Bloomberg Finance reporter. What are we learning about unlearning the bonus culture on wall street . What we are unlearning is that bonuses or maybe a thing of the past. In the past, traders w
Date trade tensions resurface as china rebukes the decision to sign a bill backing protests in hong kong. And retail front and center as we get forecasts from adobe and the National Retail federation, forecasting strong Holiday Spending joining us for the hour is allied chief Investment Strategy lindsey bell here we go, a shortened day today but a lot of excitement. Whats driving the action . Well, you know, there is lower volumes today. Coming into the end of november, going into december, this is the seasonally strong period of the year earnings season was a good one retail sales pretty good retail earnings were good even though a mixed bag and so i think were in the period of pause until the new year. What are you paying close attention to today. Well, today, i think its really all about this is black friday about the retail environment and the consumer theyve been very confident, wages going up Unemployment Rate very low, near 50year lows can the strength of the consumer driving th