sanctions will chime of us reach a deal ending those measures. you know the z.t. story has been one of the more confusing chapters of this chinese american trade saga and trump himself hasn t been a huge clarifying help you remember that in april u.s. companies for banned from selling parts his e t e after it violated u.s. sanctions by shipping to north korea and iran and then last week trump tweeted that he was working with the chinese government and he was worried about the loss of chinese jobs so certainly sending mixed signals they are now fast forward to this week and there were reports that trump had reached a deal with z t e that they were going to be left off easy and exchange for in exchange for trade concessions but he since deny that but has said that he will leave the door open to an agreement that sees a change in board and a billion in fines although that is likely to be opposed by u.s. lawmakers who are worried about espionage risks and that the u.s.
diplomacy is beyond fighting in afghanistan and ukraine, and threats from iran and north korea. the trump administration is trying to alter economic relationships. president trump has dispatch the delegation to china, the top economic advisors was sometimes very different strategies to address the nearly $400 billion annual trade deficit with china. forcing transfers of america technology to chinese companies and tariffs and restraints on american imports. the trump administration is pushing for trade concessions from european and north american allies. delaying tariffs on imported steel and aluminum from canada, mexico, and the european union. we are extending those negotiations because we have seen some progress. i m not going to get ahead of what that may look like, but we have 30 days to continue in those negotiations. and hopeful that we can get something that works for everybody. the european commission says
leaving it to underlings and a nuclear negotiator. that s a good sign. 20 seconds left, governor. the two koreas, the leaders meet within the next 24 hours. what s your expectation out of this meeting? well, a lot of ceremony scripted but i think let s watch what north korea asks for. they probably will be vague on denuclearization. they probably will want to get south korea on their side on trade concessions, on sanctions, saying to south korea, help us out on sanctions. they ll to some human rights talk, family reunification, which is good. the big enigma is going to be can kim jong-un go from international pariah to international statesman and he s moving in the right direction. it should be an interesting summit, but, it s really the prelude to the main event which is president trump and kim jong-un. we will be watching that very
against the tide of conservative populism that trump represented. they needed to stop trump because his vision is actually pretty popular and it s actually working. manufacturing is up. unemployment is down. china is back on his heels in making trade concessions. rocket man is ready to flush his nukes. unbelievable. regulations are being slashed. great for business. even on issues where paul ryan, he used to own these issues, trump is now in his own way making a difference. just yesterday the president signed an executive order pushing work requirements. hallelujah, for those on public assistance. ryan s exit, like flake and corker before him, is another indication the establishment unable to be trump in 2016 is frankly just out of steam. we all know the phrase if you can t beat them, join them. in this case, it seems to be if you can t beat them, leave them.
but our north korean government guides did allow us to ask regular people on the street what they think about the president s words. we led them out to people and the responses were predictably quite indignant, people echoing back their own rhetoric sounding very similar to what they read in the news. but at least here in pyongyang, they take great umbrage with the at the same time by the u.s. president that their life here is helhell. they say this is their home. all right, will ripley, thanks very much. strong reaction in north korea. trade concessions in china expected meeting between president trump and the russian president vladimir putin. a lot to discuss. let s bring in our global affairs corporate elise labott and retired admiral john kirby. what did you think of the president s new tone when it comes to china? well, very interesting.