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Transcripts For KQED Nightly Business Report 20240714

Welcome. Bill has the evening off. Well, wet. Made we made it through a week that stockminated by trade and goes were pretty much all over e place with ste sell offs and strong rallies, and today wasnt anyksifferent. Sttarted lower after President Trump said the u. S. Was not ready to strike a trade deal with china and then added to t tension by talking about Chinese Tech Firm huawei. Wre not going to do business with huawei. Were not doing business with them. I really made the decision. It is muchimpler not to do any business with huawei, so were not doingh business w huawei. That doesnt mean we wont agree to something if and when we t me de deal, but were not oing to be doing business with huawei. And stocks headed lower. The white house later clarified, saying it was only the government not buying from huawei, and with that stocks recovered a bit. The dow had been down ....

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