And were starting with the latest incident in the volatile Gulf Region Oil prices have surged after what is believed to have been a missile strike on and ukrainian tanker in the red sea benchmark brant crude oil rose over 2 percent in trading to reach 60. 40 a barrel after this beauty was hits off the saudi port city of jeddah the ship was headed towards iran or in the gulf it was the latest strike by an unknown attacker on Oil Facilities in the gulf region a bombing office saudi arabias largest Oil Processing facility this summer caused a 10 percent spike in the oil price but markets calmed quickly as output was restored. For more im joined now by joseph head of oil and gas and alice is at Fitch Solutions in london good to have you with us so you comparison to this attack on saudi Oil Processing facility in summer how serious is this latest incident for
the oil market. Thank you monica the latest its the to is relatively minor in comparison to last months attack on iran cos facilities
a reminder of what s at stake now so far the u.s. has slapped tariffs on $550000000000.00 worth of chinese products china intern has said levies on $185000000000.00 worth of u.s. goods that amounts to $735000000000.00 in total and that figure could just be the tip of the iceberg but it would have terrorist cover a wide array of goods products from steel and many and to meat and fish vegetables mushrooms and nuts to tobacco and jews many sectors are affected on both sides of the pacific now later today donald trump will meet a chinese vice premier you he passed meetings between the 2 have yielded progress for example in january china increased its soybean purchases and their february talk resulted in a delay in tariffs level less this of course is the 13th attempt to break the negotiation deadlock and earlier we asked rank of berridge from one x.
a reminder of what s at stake now so far the u.s. has slapped tariffs on $550000000000.00 worth of chinese products china intern has said levy s on $185000000000.00 worth of u.s. goods that amounts to $735000000000.00 in total and that figure could just be the tip of the iceberg that it would have terrorist cover a wide array of good sprouts from steel and many and to meat and fish vegetables mushrooms and nuts to tobacco and jews many sectors are affected on both sides of the pacific now later today donald trump will meet chinese vice premier you he passed meetings between the 2 have yielded progress for example in january china increased its soybean post. assists and their february talk resulted in a delay in tariffs nevertheless this of course has the 13th attempt to break the negotiation deadlock and earlier we asked rank of berridge from one x.
this is the justification for taking away your first amendment rights, it s in effect an attack on you and must be stopped. it s a micro aggression. the president made this point, the attorney general made this point. we re going to go after people who criticize and say mean innin things about islam. really? i thought i had first amendment rights. the past few weeks, there have been the nra terrorist cover. that was on friday. that was on friday. then the jihadi wayne cover and then famously, the god won t fix this cover showing the 2016 presidential candidates and their comments. they re trying to sell papers. they re blaming newspaper is dying and it can t die soon enough in my view. they re blachling americans for an attack by foreigners. people from outside this country