One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be
To get back to school which side will have the strongest appeal. This is boom bust the one business show you cant afford to miss branch a bore in washington coming up the United States has left new restrictions on china for alleged human rights abuses in the province of shinjiro straight ahead we analyzed for brandon what effect the move will have on global trade routes plus the race for a tobin 1000. 00 vaccine has been condensed in record time causing some uncertainty but are these fears warranted coming up we break down the dash for a cure and a later and boeing stock has suffered in the wake of this probe virus and the 737 mexico introverts were taken. Look at the newest moves coming from the Aerospace Giant its back show today so lets dive right in. And we lead the program with another escalation in tensions between the United States and china as the Trump Administration has banned the import of certain goods from the shin jiang region of the country u. S. Customs and Border Prote
Kristie. Well this was actually a really smart move by the u. S. Because a sweeping ban would have made more of an impact a statement but then you also risk getting challenged legally where things are sure to get shaken loose and released a part of that is because then the u. S. Will be disrupting the whole cotton ecosystem and supply chain and china would surely retaliate with a ban on american cotton which would just escalate things to a whole new level mike montes front but even so many Industry Experts see todays move as deepening the trade tensions already because this is a market move from tariffs on finished products to now also including Raw Materials and commodities so now the u. S. Is moving upstream and thats causing ripple effects across the entire supply chain because sheen downs cotton is a crucial piece of the supply chain as a makes up 80 percent of chinas output and 20 percent of the worlds supply so analysts estimate that 24 percent American Textile and apparel import
A statement the trumpet ministration will not stand idly by and allow Foreign Companies to subject vulnerable workers to forced labor while harming american businesses that respect human rights and the rule of law that u. S. Had previously had producers of toys garlic and artificial sweeteners to that same blacklist this is the latest step from the u. S. Taken against chinas actions in the region where human rights advocates say china is holding wiggers and other muslim minorities in detention camps now the Chinese Ministry of Foreign Affairs respond to the move tuesday. May find useful. Cold forced labor. Measures on some Chinese Companies the violated International Rules damaged a little industrial chain with chains and value chain which is outright believe china just wrongly those in. The socalled forced labor leaders also made a dent here and seriously goes against some. People in the us have been complaining that they care about minorities changing in the mean time i mean what the
Had previously had producers of toys garlic and artificial sweeteners to that same blacklist this is the latest step from the u. S. Taken against chinas actions in the region where human rights advocates say china is holding wiggers and other muslim minorities in detention camps now the Chinese Ministry of Foreign Affairs respond to the move tuesday. May find useful. Cold forced labor going to u. S. Measures in some Chinese Companies this violates International Rules damage to the industrial chain which means supply chains and value chain which is outright believe china just wrongly those in. The socalled forced labor leaders dont need it in here and seriously goes against some people in the u. S. Have been complaining that they care about minorities and changing in the meantime i mean what they took measures cracking down on companies. This fully exposed the hypocritical and evil intentions of these people to sow discord between the chinese when people ringback of different groups. An