Tariffs rolling back in phases as we go forward. A spokesman for the Chinese Commerce Ministry Says if the deal gets made or gets finalized, this would happen. Here is exactly what he says. I want you to hear this. Listen. Translator if the two sides reach a first phase agreement, the already proposed tariffs will be canceled proportionally. This is important part of agreement. Reporter we heard if. We heard in the last minute that was accurate statement, coming out of u. S. Trade sources here, Senior Administration official saying that is an accurate statement. Chinese sources tell us they have been told about it u. S. That the december 15th tariffs will not be imposed. A trade source on the u. S. Side, says if there is deal finalized they do not expect the december 15th extra tariffs to be imposed Going Forward. Separately both sides say idea of a trade deal pushed into december is not part of discussions at this point. Theyre working with a time frame, apec time frame. To have final
Night, caterpillar warning this morning. Money moving into the bond market. Yields lower by about two basis points. Time now for global exchange. And london to you new york washington, our bloomberg voices are on the ground with this mornings top stories. U. K. Prime minister Boris Johnson will Face Parliament after lawmakers blocked his plan to rush the deal into law. We now face further uncertainty, and the e. U. Must now make up their minds over how to answer parliaments request for a delay. Alix European Council president donald tusk earlier signaled that the eu was likely to do. In order to avoid a theeal brexit, i recommend eu 27 except the u. K. Request for an extension. For this i will propose a written procedure. Anna edwards is in westminster. Anna the Prime Minister is concerned. There are two paths that could lie ahead. One of them is to change the type of the existing agreement billed to give it another chance in parliament, to see if it can get support after its got more
They are working around the clock to get these machines online. Juliette the u. S. Announces a trade deal with japan. The boe stays cautious as the brexit outlook remains uncertain. There is such a long way to go. Juliette plus a special bloomberg series highlights Climate Change. The average global temperature is going to go up a lot. We have to take global warming, have intensive Climate Change policy. Policy shifts being made are creating new markets. Juliette it is all straight ahead on bloomberg best. Juliette hello and welcome. This is bloomberg best. Your review of the most Important News and analysis from around the world. Lets start with a look at the headlines. The week began with a geopolitical shock that jolted oil markets while raising tensions in the middle east and beyond. Saudi aramco, Oil Facilities hit by an airstrike. They have cut saudi arabias will production in half. It hit the worlds biggest will production facility. Rebels in yemen claimed credit for the attack.
Moving news from all around the world. Joining us from riyadh is yousef gamal eldin. Ivan levinsohn joins us from tel aviv. Oliver cook sorrow oliver is in munich. Buts start with study ready with saudi arabia. Finance with the saudi minister and asked if the recent attack had an impact on saudis numbers. Heres what he had to say. It will be a couple of days before we are back online. Alix yousef joins me now. Tell me about what you learned, and what we can expect Going Forward. The idea being that a lot of the output is being recovered is one thing, but youve got the political developments, which are what investors are going to be zeroing in on in riyadh and far beyond saudis border. The Saudi Crown Prince has been speaking with the french president , the south korean president , and deliberations are underway between the u. S. Secretary of state and the saudi authorities, as well as the united arab emirates. That thereng here is has to be a response what happened with the saudi aramc
Machines and infrastructure back online. Juliette the u. S. Announces a trade deal with japan. For the president , it was important to get a win. The boe stays cautious as the brexit outlook remains uncertain. If you look at the details and negotiations, there is still such a long way to go. Juliette plus, a special bloomberg series highlights Climate Change with expert analysis from every angle. The average global temperature is going to go up a lot. We have to fight Global Warming and have intelligent Climate Change policy. Policy shifts being made are creating new markets. Juliette it is all straight ahead on bloomberg best. Juliette hello and welcome. Am Juliette Saly this is bloomberg best, your weekly review of the most Important News and analysis from around the world. Lets start with a look at the headlines. The week began with a geopolitical shock that jolted oil markets while raising tensions across the middle east and beyond. Saudi Aramco Oil Facilities hit by an airstrike.