Struggle. Little sign of progress between the u. S. And china. They agreed to talk again in september. In a clear sign of american frustration, the president threatened to impose tariffs and 300 billion of additional chinese goods. This time the tariffs would hit not just industrial goods, but highprofile products American Consumers love including cell phones and other electronics. China responded by depreciating its currency to make its exports cheaper around the world. And by declaring it would suspend purchases american agricultural products. Then, President Trump responded to that by formally declaring china it currency minutes later under american law. The Financial Markets are worried. The u. S. Stock market suffered through its worst day of the year on monday. Its rebounded since but theres been a lot of volatility in the stock market and the bond market as investors decide where this is going and how much it might affect Economic Growth in the months to come. All of this raises
Progress between the u. S. And china. They agreed to talk again in september. In a clear sign of american frustration, the president threatened to impose tariffs and 300 billion of additional chinese goods. This time the tariffs would hit not just industrial goods, but highprofile products American Consumers love including cell phones and other electronics. China responded by depreciating its currency to make its exports cheaper around the world. And by declaring it would suspend purchases american agricultural products. Then, President Trump responded to that by formally declaring china it currency minutes later under american law. The Financial Markets are worried. The u. S. Stock market suffered through its worst day of the year on monday. Its rebounded since but theres been a lot of volatility in the stock market and the bond market as investors decide where this is going and how much it might affect Economic Growth in the months to come. All of this raises crucial questions nearin
Also tomorrow, the senate is expected to vote on the 9 11 Victim Compensation fund. In the house, legislation on Retirement Savings plans and border security. Watch the house live on our companion network cspan2. Tomorrow, Christopher Wray will testify in a hearing. Live coverage will be on cspan 3, starting at 10 00 a. M. Coming up on wednesday, the former special Counsel Robert Mueller testifies before the House Judiciary Committee and the house intelligence committee. That will begin at 8 30 a. M. Eastern, live on cspan and on our companion network, cspan3. It will also be online at cspan. Org. Listen with the free radio app. In 1979, a Small Network with an unusual name rolled out a big idea. Let they make up their own minds. Cspan opened the doors to washington policymaking for all to see, bringing you unfiltered content from congress and beyond. A lot has changed in 40 years, but today that big idea is more relevant than ever. On television and online, cspan is your unfiltered vi
Maria good thursday morning. Thank you for joining us. I am maria bartiromo, thursday march 7. Your top stories, 6 00 a. M. On the east coast. Market searching for direction ahead of Federal Reserve chairman jay powell second day two of testimony, dow industrial of 29, nasdaq up 75, the market extending yesterdays rally after fed chair jay powell told the House Financial Services committee rate cuts are coming this year. Hell testify once again in front of the Senate Banking committee right now. We will preview this morning, the house dodging a partial Government Shutdown after 460 billion funding bill, more stress on the Banking Sector as the new York Community bancorp a new infusion of cash set to receive a billiondollar investment, everything you need to know about the regionals and the impact on the broader market. European markets are lower, take a look at the eurozone a mixed story with the cat caught up six attacks and accept sexiness and p100 in london is lower by 17, the Europ
Crisis in the channel gb views at gb views. Com is that email address . And just dont say address . Oh, and just dont say we you a bit of we dont give you a bit of variety as well. We have some stuff, believe it or not, on dancing chinese bears. Now your headlines with now its your headlines with. Ray thanks patrick. Good afternoon. 3 01. Heres the afternoon. 3 01. Heres the latest on our top story this houn latest on our top story this hour. Rishi sunak has been heckled by a publican after announcing an overhaul of alcohol duty. Alcohol duty. Prime minister. Oh, the irony that youre raising alcohol duty today as youre pulling a pint. The pm was touring a london beer festival after claiming the changes would benefit thousands of businesses. However, the of businesses. However, the british beer and Pub Association warns it will cost the industry an extra £225 million in tax. The new system focuses on taxing alcoholic drinks on their strength with duty on wine and vodka to rise. Rishi s