U. S. China trade relationship. President trump referred to the verbal agreements of the two country negotiators as a deal today. The chinese were more constrained. The chinese are calling this a pause in at what at best has been a trade dispute, and at times a hostile conflict between the two countries. The rall the markets rally on the hope this will lead to an agreement. The Dow Jones Industrials down 200 points from its session highs. And for the latest we turn to chief white house correspondent, john roberts. Nearly six months ago the u. S. And china appeared to be close to a trade deal when china backed out. After crippling tariffs, china does appear to have changed its mind. In the oval office, President Trump announced months of trade negotiations have made progress. We have come to a substantial phase one deal. We have come to a deal on intellectual property, financial services, a tremendous deal for the farmers, a purchase of 40 to 50 billion worth of agricultural products. R
U. S. China trade relationship. President trump referred to the verbal agreements of the two country negotiators as a deal today. The chinese were more constrained. The chinese are calling this a pause in at what at best has been a trade dispute, and at times a hostile conflict between the two countries. The rall the markets rally on the hope this will lead to an agreement. The Dow Jones Industrials down 200 points from its session highs. And for the latest we turn to chief white house correspondent, john roberts. Nearly six months ago the u. S. And china appeared to be close to a trade deal when china backed out. After crippling tariffs, china does appear to have changed its mind. In the oval office, President Trump announced months of trade negotiations have made progress. We have come to a substantial phase one deal. We have come to a deal on intellectual property, financial services, a tremendous deal for the farmers, a purchase of 40 to 50 billion worth of agricultural products. R
U. S. China trade relationship. President trump referred to the verbal agreements of the two country negotiators as a deal today. The chinese were more constrained. The chinese are calling this a pause in at what at best has been a trade dispute, and at times a hostile conflict between the two countries. The rall the markets rally on the hope this will lead to an agreement. The Dow Jones Industrials down 200 points from its session highs. And for the latest we turn to chief white house correspondent, john roberts. Nearly six months ago the u. S. And china appeared to be close to a trade deal when china backed out. After crippling tariffs, china does appear to have changed its mind. In the oval office, President Trump announced months of trade negotiations have made progress. We have come to a substantial phase one deal. We have come to a deal on intellectual property, financial services, a tremendous deal for the farmers, a purchase of 40 to 50 billion worth of agricultural products. R
Peter has a warning for us all that these markets have been barely climbing he says were running out of oil and were here to detail how much plenty of new worries about an escalating war in israel and what were told the tense phone call between President Biden Benjamin Netanyahu Higher Oil Prices as a result dont count scott martin saying that somehow there is a shift that is hitting the fan i had to practice that a number of times. Scott, always good to have you what you make of this all the sudden we had these worries escalating war the whole 9 yards, peter is coming up saying get ready its going to get bad where are you on this . Is amazing when the shift hits the fan in the family keep spinning no matter what even as the shift gets heavier, thats really what we need to remember as investors as almost as dark as it gets the dawn is coming and thats why i believe as we run out of wall of a climb in the intake there the reality is the market will build other walls to climb. When we go