No welcome to todays program u. S. China and pandemic in 1951 classic the day vrap stood still we were visited by an alien spacecraft in human form with a very sobering message. The movie concludes with World Leaders pondering their choice. It would be wonderful to believe whether in the form of a Global Pandemic or threat from outer space of the world would end differently but by the looks of things the rivalries and disputes will only grow certainly magnified in the time of the pandemic and they are likely to continue accelerating preexisting patterns and competition. Nowhere are those tensions more evident than u. S. Tensions with the rise in russia and a decline in china exerting themselves regionally and globally. It may well be that these three powers will be working by the current pandemic and to paraphrase Alexander Bonn off could it be an opportunity for growth in the sense of all the ability by three leaders focused on their own internal politics make us more not less eager t
Issued a new sanction on iran to punish the regime and crack down on its few remaining sources export revenue the latest sanctions target metals as well as construction manufacturing textiles and mining making basically the entire iranian economy also limits to any nations that have diplomatic ties with the u. S. China is now caught in the middle as it has long been irans largest trading partner maintaining a friendly cooperation spokesperson addressed the new sanctions monday in beijing. For a long time china and iran have been conducting mutually beneficial and friendly cooperation in various fields under the framework of International Law it is lawful and justifiable and not harming the interest of innocent 100 it certainly should be respected in our tent we urge the u. S. Side and media to stop all the wrong practice of sanctions against chinese businesses we will firmly dip into the law and interest of chinese dont see anything that we china is now calling for the u. S. To immedia
The quote trade war is not over yet and that just the 1st round of the game doesnt sound very optimistic here so we shall see what transpires on the 15th if it gets done will be optically pleasing for the trumpet mr ation despite heavy doubts of whether the agreement will be implemented in full by both countries know that one only covers the low hanging fruit and if china and the u. S. Can even come to an agreement here phase 2 which will involve industrial policy ip items that touch on sovereignty while that will be near impossible and while fears of an escalation between the us and iran seem to dissipate in the market president issued a new sanction on iran to punish the regime and crack down on its few remaining sources export revenue the latest sanctions target metals as well as construction manufacturing textiles and mining making basically the entire iranian economy also limits to any nations that have. Diplomatic ties with the us china is now caught in the middle as it has long
Beijing. For a long time china and iran have been conducting mutually beneficial and friendly cooperation in various fields under the framework of International Law it is lawful and justifiable and not harming the interests of any other and 100 it certainly should be respected or tend we urge the us side and media to stop on the wrong practise of sanctions against chinese businesses that we will firmly descend into the law and interests of chinese you know its just a thing that we china is now calling for the u. S. To immediately halt sanctions on Chinese Companies for maintaining business ties with iran as a reminder on critical oil exports were already sanctioned in 2019 but india and china still remain employed given their necessity for cheap crude Chinese Foreign Ministry Said beijing opposes unilateral sanctions and called for washington to stop punishing Chinese Companies for importing these basic necessary commodities. And boeings new chief executive officer David Calhoun has of
A member of the companys board of directors for many years was put in place following the firing of former c. E. O. Did a small and berger in december troubles related to 2 fatal crashes of 737. 00 max jets which led to the ouster of Mullen Berger have cut have cut more than 50000000000. 00 off the companys market value and now on that news u. S. Treasury secretary steven the newton thinks that the loss in value could affect the overall u. S. G. D. P. By up to 50 basis points telling Fox News Sunday for this year weve been looking at 2. 5 to 3 percent as i said it may be closer to 2. 5 because of the adjustments of the boeing numbers and joining us now to take a deeper look into the state of u. S. China trade relations china trade relationship and boeings effect on the economy are peter schiff c. E. O. Of Euro Pacific Capital and todd bubble or was chief strategist at bubba trading now i want to start with you with the situation regarding boeing what do you make the. Secretarys asserti