Edward. Reporter going on right now is that the statement in the rose garden between the president of mexico and the president of the United States, president donald trump. The two World Leaders finishing that up. They will have a signing ceremony after that to celebrate this the mexican president known to be longwinded. He is speaking at the moment. President trump touting the trade agreement as a huge win for the two countries. The administration saying it would add 600,000 jobs over the next five years. Andres Manuel Obrador you see there, sees the trip to reiterate importance of the trade agreement and strengthen cooperation with the pandemic. It is his First International trip as president of mexico. He flew her commercial, an wore a mask, testing negative for the virus yesterday. President donald trump rolling out the red carpet. In addition to a signing ceremony, formal dinner. Mexico invited the fifth richest person in the world among others, carlos slim, who owns a number abou
Wallet. Well see that math. Fox Business Team coverage, Lauren Simonetti is watching the markets but well kick it off with blake burman who is at the white house as we await the president s remarks. Blake. Reporter melissa and connell, for the second day in a row the main event for the president will involve deregulation. Senior Administration Officials are not saying whether or not there will be a big policy announcement here. They will say, it is quoteunquote, victory lap. Here is the press secretary Kayleigh Mcenany from earlier today. The president reversed the disasterous overregulation of the obamabiden administration. Under President Trump 7 deregulatory actions have been taken for everyone new regulation. This amounted to 50 billion in regulatory cost savings. Reporter elsewhere today, some pretty eyepopping comments from attorney general bill barr as he unloaded on chinas ambitions and role u. S. Companies play in that company. Google, microsoft, apple, all have quote, been to
And sometimes you had to go through nine, 10, 12, different agencies. So even if you did absolute rapid it was many, many years before you could even think about starting it. We have up here, by the way, thats a chart of the old system and the new system. I think the new system is better. [applause] i think it is better not only in time, i think it is better in terms of the process. I think it is better in terms of the importance from an environmental and safety standpoint. But take a look at that. This is what you had to go through, in fact it was much more dramatic when i first came up with this, about a year ago. We took that and we rolled it out, it was so dramatic t kept going and going. The difference is that, so many of those steps you had to wake before you could even think about going to the next one. You had to gut full approvals. Any one of those colors where there was a problem or a rejection meant it was dead. And now you go through this very simple but very comprehensive
We kick it off with blake and the latest from the mt. Reporter melissa and connell, President Trump has threatened to pull federal funding from schools should they not fully reopen in the coming weeks. The president would not go that far when he was asked about the situation out in los angeles and san diego, breaking news from this hour, when the president was asked about it moments ago over here at the white house. Los angeles, los angeles the nations second largest public school, there will be Remote Learning to start off the school year. This is part of the reaction from President Trump, watch. We have to open the schools. We have to get them open. I think there is a lot of politics going along. Think i they will do better if they keep the schools closed in the election. I dont think it will help them frankly. They feel that by keeping schools closed that that is a bd thing for the country. Therefore that is good thing for them. Reporter the white house for the most part has spent t
Just interviewed the president , blake. Reporter melissa, we did indeed speak with President Trump earlier this afternoon for about 12 minutes or so here at the white house. Covered a host of topics with the president. First and foremost in that interview the president says he will be talking about Mitch Mcconnell tonight regarding next step face four relief measures and the president says he does support another round of direct payments to individuals let me start with phase four and what might potentially come later this month. Another round of direct payments for individuals, do you support that at this time . I do support it but it has to be done properly. I support actually larger numbers thant democrats but it has got to be done properly. We had something where they wanted, it gave you a disincentive to work last time. It was still money going to people and helping people i was all for that but we want to create a very great incentive to work. Were working on that. Im sure well a