Stay updated with breaking news from Mao neil. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
That talks are back on between the chinese and United States when it comes to a deal, anyones guess. But the fact theyre back on is good enough. Edward lawrence, live at the white house with much more on all the above. Hey, edward. Reporter neil, wall street likes the fact that the president said china would come back to the bargaining table. The chinese agreed to talk again. President trump agreed to hold off imposing any new tariffs. So far china has not brought back any concessions but secretary ross told me that will come when the two sides sit down at bargaining table again. The president thinks he already has sufficient leverage over china. U. S. Will not sell out for a bad deal here. Will take time it needs to get the right deal. Lastly shows that maybe the administration found a little bit after sweet spot on the tariffs. Reporter critics say the other walkback from china might be make a mistake. President trump reversed hi ....
Thec implementation. Reporter they absolutely nailed it with this second time frame of legislation on taxes to the president s desk by christmas. There had been a couple different scenarios though over the last week as to when the president would actually sign the bill, and one of those options was that he might wait until january, until the Congress Gets back here, and that they would have some sort of celebration to start the year off with a bang. As we saw within the last hour inside the oval office. He explained it by saying he wanted to keep that promise of tax legs signed by christmas. Tax legislation signed by christmas. I am keeping my promise, i am signing it before christmas. I said that the bill would be on my desk before christmas, and you are holding me literally to that. So we did a rush job today. Its not fancy. Reporter now, over the last couple of days or so the president has touted the handful or so of major corp ....
Down as well. Look on your screen, theres the list. All of them bigtime to the downside. No pullback seriously, though, for stocks flat to slightly lower at the opening bell. We dont know how the market is going to close. It is facing a threeday holiday weekend, but so far that has been no sell on the news of the tax cut deal. Im going call this one a corporate bombshell, eric schmidt is out at google, this is the man who built the company at global phenomena, started google, gmail, google maps and android phones. Google says its time for the transition. Theres speculation that personal relationships were part of this departure. There are a lot of surprises this morning and Varney Company is about to begin. [laughter] stuart that was good producing. Theres no place like home for the holidays. Thats absolutely for sure. You saw them, theres the lawmakers, they are all coming down the steps. Get out of dodge, they follow and get out ....