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China, not the u. S. , will suffer if a deal doesnt happen. Earlier, he warned beijing not to retaliate for the sharply higher u. S. Tariffs he imposed on chinese goods last friday. Lets begin with christine romans. Were in the middle of a selloff here. As were in the middle of a game of chicken really when it comes to u. S. china trade. Youre absolutely right. A 2 move, i get interested when its a 2 move. We saw losses last week. The worst week last week for stocks in months, really, and then a 2 loss again this morning. Investors are sending a message that they realize consumers are going to pay the prices for higher tariffs. It could hurt company profits. It hurts u. S. china relations and they dont see what the end game is here. The friday tariffs were talking about set this whole ball really rolling. Youre talking about all kinds of different products. Network routers, seafood, metals, fruits. There are further tariffs the president can do. Were told hes preparing more tariffs, up ....
Points. The s p 500 dropping 70, the nasdaq finish down 270. Almost 3. 5 . We have fox team coverage, susan lee the fox business network, and what could lie ahead. A senior political analyst here to look at the passport for the white house paid we begin with a chief White White House correspondent john roberts where the president sounds hopeful about the economy. The president week the chinese just a little bit more this afternoon, the trade office releasing a list of some 300 billion more in chinese goods that may be targeted for more tariffs. The president has not yet decided to pull that trigger, but the message to the chinese is that he means business. With the market sleeping off a cliff today, President Trump played down the risks of a trade war with china saying that he Still Believes a deal can get done. We w ....
Nuclear deal with iran as full implementation is in the scope of me and your theory that this deal is necessary for our security nobody wants iran to have a Nuclear Bomb Iran through the strait youre on and then theres a timeout to one becomes and i think what we need is a period of calm to make sure that everyone understands what the other side is thinking. Also coming up the passing of a legend actress and singer doris day has died at the age of 97. That was. Cheers not. Gay sarah. Iran is the center of a growing rift between the United States and its european allies meeting today in brussels e. U. Countries urged washington not to escalate tensions with iran which is foreign secretary jeremy hunt about the risk of the situation accidentally escalating into a conflict you Foreign Ministers had gathered to discuss ....
Countrys midterm elections a strong result of president got to go to test it could boost his war on drugs. Pattern of a woman continue im under. Iran is at the center for growing rift between the u. S. And its european. Allies urged washingtons top diplomat not to. U. S. Secretary of state mike pompei all made a last minute visit to brussels to meet with his british french and german counterparts they are still signatories to the Iran Nuclear Deal which the u. S. Pulled out of one year ago much to the chagrin of its allies. We continue to fully support the nuclear deal with it on its full implementation the u. S. Withdrawal from the deal has drawn criticism from the e. U. China and russia the deal was designed to keep iran from acquiring Nuclear Weapons in return iran would see sanctions lifted now the iranian government has said it will suspend some of its commitments to ....