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the u.s. president has drastically up the stakes in the u.s. china trade or twitter but another 10 percent tariff on $300000000000.00 worth of chinese goods are the every single product in order from china will now be taxed decision came as a surprise and calls turbulence for an actual. is a look at how residents in beijing are reacting to the latest developments. on the way you china will be affected but the impact won't be great. most of the affected businesses are in the export sector i don't have much to do with that. that's what i'm what you guys i think this action from trump is an irresponsible acts towards his own country and to china because you know what we need is to pursue a path of a more corporate of globalization this kind of action of his serves only to rip up u.s. china relations at the same time it causes further trade friction between both sides what the result is the economies of both sides suffer you want to assure you go all the answers from all those shows. which i think when it comes to negotiations you do indeed need to
the u.s. president has drastically up the stakes in the u.s. china trade or twitter but another 10 percent tariff on $300000000000.00 worth of chinese goods are the every single product in order from china will now be taxed decision came as a surprise and calls turbulence for an actual. is a look at how residents in beijing are reacting to the latest developments. on the way you china will be affected but the impact won't be great. most of the affected businesses are in the export sector i...
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Aug 12, 2019
08/19
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CSPAN2
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so, bottom line, u.s. monetary policy quite a bit more accommodative than it was furthermore, let's off channel the fremont, the long and variable lags and the effect of monetary policy on the economy so these are developments that just happened over the last six months or so and you would not expect them to show up in the data right away. but i would expect them to begin to show up in the second half of 2019 about where we are now or later this year in the first half of 2020, that's when the maximum impact and military policy would occur. i think here is a picture and it shows the whole sequence of events, you guys have this picture etched in your mind so you know this. it goes to november 8, 2018 on the first vertical line all the way up to june 19 decision in the due 19th decision we did not actually lower the policy rate but we sent a strong signal that we would lower the policy rate at the next meeting which we follow through july 31 so i would not necessarily say that the right things didn't happen a
so, bottom line, u.s. monetary policy quite a bit more accommodative than it was furthermore, let's off channel the fremont, the long and variable lags and the effect of monetary policy on the economy so these are developments that just happened over the last six months or so and you would not expect them to show up in the data right away. but i would expect them to begin to show up in the second half of 2019 about where we are now or later this year in the first half of 2020, that's when the...
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u.s. president donald trump wants to make america a safer place by banning wild way from building its next generation high speed internet networks the chinese tech giant is the leader in its field there is only a handful of alternatives. as mobile providers repaired to roll out 5 g. across the united states the u.s. government says it's protecting americans that's why it's keeping tight controls on which technology firms are involved in setting up the networks. the lucky trio deemed fit for the job as sweden's ericsson which announced earlier this year it plans to build what it calls a 5 g. factory in the us villains nakia which is already providing technology for networks in l.a. and new york city and samsung headquartered in 5 g. trailblazer south korea so why limit their options the u.s. government's bureau of economic and business affairs has been explaining it's very important that we have trust in those vendors for $500.00 technologies when indicator of trust that we're very concerne
u.s. president donald trump wants to make america a safer place by banning wild way from building its next generation high speed internet networks the chinese tech giant is the leader in its field there is only a handful of alternatives. as mobile providers repaired to roll out 5 g. across the united states the u.s. government says it's protecting americans that's why it's keeping tight controls on which technology firms are involved in setting up the networks. the lucky trio deemed fit for the...
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by blacklisting weiwei the u.s. risks getting left behind in the race to build the next generation of high speed internet networks. and 400 years on could the u.s. have become a. it's tough to call i mean without the transatlantic slave trade. let's do business critics call it a life or death writing program china's social credit system which it's expanding this year to include companies both foreign and domestic have to install surveillance cameras in their premises and share the data with the government also be break it all net tax records and compliance a system that has many firms spooked. a traffic light with facial recognition cross on red face a public shaming and loose social credit points in some chinese cities it's already a reality even those who sort their trash incorrectly have to reckon with point deductions in some places as well as the penalties for low scores like losing the right to ride the fast train the point system is scheduled for full implementation across china by the end of 2020 and it will
by blacklisting weiwei the u.s. risks getting left behind in the race to build the next generation of high speed internet networks. and 400 years on could the u.s. have become a. it's tough to call i mean without the transatlantic slave trade. let's do business critics call it a life or death writing program china's social credit system which it's expanding this year to include companies both foreign and domestic have to install surveillance cameras in their premises and share the data with the...
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Aug 30, 2019
08/19
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CSPAN
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the u.s. house of representatives will gavilan shortly for what's expected to be a short pro forma session, starting at 12:30. we will have live coverage when they gather will -- they gamble in. while we wait, a conversation on the current business climate in china with the trade tensions over tariffs. the u.s. china business council is the host of this event. >> good morning ladies and gentlemen. if you will kindly take your seats. latecomers will be accommodated. there are handovers over on the right you will want to have with you or take away with you. please help yourself to some coffee. welcome to use china business council. this is a press conference talking about our annual member survey, and it will be done in three parts. the first part i will introduce our president craig allen, and then after that our senior vice president jake parker will walk you through some of the highlights of the survey and then we will open it to questions. so at this point it's my pleasure to introduce you t
the u.s. house of representatives will gavilan shortly for what's expected to be a short pro forma session, starting at 12:30. we will have live coverage when they gather will -- they gamble in. while we wait, a conversation on the current business climate in china with the trade tensions over tariffs. the u.s. china business council is the host of this event. >> good morning ladies and gentlemen. if you will kindly take your seats. latecomers will be accommodated. there are handovers...
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and the u.s. after meeting with u.s. president donald trump rob is on a 3 day visit to north america they campaigners say leaving the european union will allow britain to sign its own by lateral trade deals with other countries the e.u. is the u.k.'s biggest trading partner. courier service fed ex is ending its deal for ground deliveries with e-commerce giant amazon fed ex is allowing its contract with the online retailer to expire at the end of the month amazon is building its own cargo hub in kentucky analysts say the tech giant could be planning to build its own delivery service making it a potential competitor to fed ex fed ex says amazon only accounted for a little over one percent of its revenue. and as a way lad has accused the u.s. of economic terrorism and of trying to torpedo peace talks after the trump administration ordered a freeze on the country's u.s. based assets under the sweeping measures any foreign entity doing business with the government of venezuela could face u.s. sanctions. in caracas the chemo t
and the u.s. after meeting with u.s. president donald trump rob is on a 3 day visit to north america they campaigners say leaving the european union will allow britain to sign its own by lateral trade deals with other countries the e.u. is the u.k.'s biggest trading partner. courier service fed ex is ending its deal for ground deliveries with e-commerce giant amazon fed ex is allowing its contract with the online retailer to expire at the end of the month amazon is building its own cargo hub in...
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u.s. have become the globe's talk the economy without the transatlantic slave trade. been physical and its new business critics call it a life or death writing program china's social credit system which it's expanding this year to include companies both foreign and domestic have to install surveillance cameras in their premises and share the data with the government also be rated on their tax records and comply it's a system that has many firms boot. a traffic light with facial recognition cross on red face a public shaming and loose social credit points in some chinese cities it's already a reality even those who sort their trash incorrectly have to reckon with point deductions in some places as well as the penalties for low scores like losing the right to ride the fast train the point system is scheduled for full implementation across china by the end of 2020 and it will also affect businesses. the new system will monitor whether businesses it here to customs regulations pay taxes pay of
u.s. have become the globe's talk the economy without the transatlantic slave trade. been physical and its new business critics call it a life or death writing program china's social credit system which it's expanding this year to include companies both foreign and domestic have to install surveillance cameras in their premises and share the data with the government also be rated on their tax records and comply it's a system that has many firms boot. a traffic light with facial recognition...
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the u.s. war where. america has increased 10 percent on products that are coming from china so for now the only way for prices may be up. now to some of the other business stories making news chinese tech giant is and talks to buy up to 20 percent of the world's biggest music label universal is home to the rolling stones lady gaga and taylor swift french owners vivendi want to break into china's growing but tightly controlled music market. officials continue to sound the alarm over facebook's plan cryptocurrency libra in an open letter global regulators have asked facebook to clarify what practices will be used to protect personal information and to ensure a transaction histories would not be shared with 3rd parties without user consent the united nations says the war in yemen is the world's worst humanitarian crisis millions of people have been this place and are in need of aid and there is chronic unemployment and surging food prices our correspondent found the fish are reports from aden where yemenis
the u.s. war where. america has increased 10 percent on products that are coming from china so for now the only way for prices may be up. now to some of the other business stories making news chinese tech giant is and talks to buy up to 20 percent of the world's biggest music label universal is home to the rolling stones lady gaga and taylor swift french owners vivendi want to break into china's growing but tightly controlled music market. officials continue to sound the alarm over facebook's...
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Aug 26, 2019
08/19
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the president told reporters the u.s. and u.k. were working on a trade deal and expect to reach agreement quickly. pres. trump: thank you ver
the president told reporters the u.s. and u.k. were working on a trade deal and expect to reach agreement quickly. pres. trump: thank you ver
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Aug 14, 2019
08/19
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if the u.s. and you and forces had not been able to operate in japan i think south korea might not be free today. korean forces did not hold the line on the peninsula japan would be a much less safe and prosperous country. the dna of these alliances has intermingled. it is complicated. the general was reminding me that in the middle of the great war the president at the time troops went one the peninsula to attack them -- it is two deeply interdependent alliance is. i'm not going to ask general brooks to solve this problem because the admiral will solve it. [laughter] >> it is a political problem. it is a military problem in the sense that, you tell me. what are the consequences for us? security of japan and korea and the united states when our forces are unable to operate and train intelligence exercises between these alliances? you to michael for the privilege of being able to enjoy this body of patriots who have done the work for each of our countries and for this cornerstone alliance. it has
if the u.s. and you and forces had not been able to operate in japan i think south korea might not be free today. korean forces did not hold the line on the peninsula japan would be a much less safe and prosperous country. the dna of these alliances has intermingled. it is complicated. the general was reminding me that in the middle of the great war the president at the time troops went one the peninsula to attack them -- it is two deeply interdependent alliance is. i'm not going to ask general...
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Aug 26, 2019
08/19
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they import about $14 billion worth of u.s. agricultural products and this will open up markets to over $7 billion of those products. >> in the agriculture area, it will be a major benefit for beef, pork, wheat, dairy products, wine, ethanol and a variety of other products. it will lead to substantial reductions in tariffs and non-tariff barriers across the board and i'll just give you one example. japan is by far our biggest beef market. we sell over $2 billion worth of beef to japan and this will allow us to do so with lower tariffs and to compete more effectively with people across the board, particularly the tpp countries and europe. so it's very good news for our farmers and ranchers, but it's also very good news for those who work in the digital and commerce space where it is the gold standard of an international agreement. this is an area that not only has been important to the president, but been of particular importance to the prime minister. >> so we're very excited about this agreement. we look forward to finishing t
they import about $14 billion worth of u.s. agricultural products and this will open up markets to over $7 billion of those products. >> in the agriculture area, it will be a major benefit for beef, pork, wheat, dairy products, wine, ethanol and a variety of other products. it will lead to substantial reductions in tariffs and non-tariff barriers across the board and i'll just give you one example. japan is by far our biggest beef market. we sell over $2 billion worth of beef to japan and...
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Aug 23, 2019
08/19
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WTTG
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u.s. is andlabitallion dollars goods. president trumpmerican companies stop doing business witho china and look for oer yipane united in stertatad ofoverseas. >> learningorut abo rut weeks e went well and no diseaserbody. e y r.19 99ghtonit, wit vnesses to come forward. >> 34-year-old amy chow was kill d four-year-old daughter hit head on alongl bel anjali he anrohemartbreakingha infoatrm f anilbutl he s rea hifis wregn looking for justice.et u forlre heading wnesday morning whendrolin pg aic v the hospital with seriousshhasce be is now homh wit >>> oh, ananjali, ato changes i have bee ablright noewy'vehe tpeing. thativ's because they're still ngyiha tto showed up to the scenened tf o help. ape h nowiv i'ssehavior behind the wheel prior to this crash. they're looking for anyone whose king for people to comerwfocoor rd.loeasan at lote ne c mshigoreare mingps adro tonight at ifive kt te w a horse they ik olfo larx5 "ge" warehouse not bl etail giantir p the loonn the couy andore pss bringa dining options to that counity. l>>
u.s. is andlabitallion dollars goods. president trumpmerican companies stop doing business witho china and look for oer yipane united in stertatad ofoverseas. >> learningorut abo rut weeks e went well and no diseaserbody. e y r.19 99ghtonit, wit vnesses to come forward. >> 34-year-old amy chow was kill d four-year-old daughter hit head on alongl bel anjali he anrohemartbreakingha infoatrm f anilbutl he s rea hifis wregn looking for justice.et u forlre heading wnesday morning...
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Aug 4, 2019
08/19
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in addition, the u.s. economy itself, the performance will enter into that. i would love to be more precise but would trade it is a factor that we have to suss and anyway, those are the things we will be looking at in making our decisions going forward. >> edward, fox business network. a rate hike last december was seen by some economists in they said james was a step too far. now the feds have waited about seven months for rate cut, you said you are concerned about downside risk, could some of the weakness with the fixed investment in the sluggish side and the business side b because the fed waited so long. i want to get your thoughts on that. and talk about why you think this nudge is the right level? >> we don't hear that from businesses. they don't come in and say we are not investing because the federal funds rate is too high. i've not heard that from a business. what you hear, demand is weak for the products, you see manufacturing being weak all over the world and business investment is weak. i would not lay all of the at the door of trade talks, i thin
in addition, the u.s. economy itself, the performance will enter into that. i would love to be more precise but would trade it is a factor that we have to suss and anyway, those are the things we will be looking at in making our decisions going forward. >> edward, fox business network. a rate hike last december was seen by some economists in they said james was a step too far. now the feds have waited about seven months for rate cut, you said you are concerned about downside risk, could...
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tourism was supposed to be a growth industry in cuba but ever since u.s. president trump has banned american cruise ships from cuba and tight interest and u.s. citizens to travel there for a short boom to the island nation is over 2 or 3 arrivals are down 23 percent for the month of july following a 20 percent drop for the month of june trumps fight against the government have on the past people suffering. now are we're talking about a stratospheric drop the united states government is intentionally seeking to do harm to the cuban government but what they are actually doing is harm us the workers those of us who work for ourselves but have an agreement with a government that has been a catastrophe since june. where when you. among the 1st victims of the trend restaurants where the number of guests has plunged. them i look to the side on the cruise ships really had an impact during the lows because when we were in our lows these and there were cruises you didn't really feel it because the americans really kept tourism afloat tourists from america good touri
tourism was supposed to be a growth industry in cuba but ever since u.s. president trump has banned american cruise ships from cuba and tight interest and u.s. citizens to travel there for a short boom to the island nation is over 2 or 3 arrivals are down 23 percent for the month of july following a 20 percent drop for the month of june trumps fight against the government have on the past people suffering. now are we're talking about a stratospheric drop the united states government is...
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Aug 26, 2019
08/19
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CSPAN
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translating] >> with regard to the japan-u.s. trade agreement, the series of intensive negotiations has been u.s.cted in line how the andement on september 26 how, by now, how we successfully reached consensus with regard to element. i certainly welcome this development. [speaking foreign language] >> and as mr. president has pointed out, next month at the end of september, both of us are going to attend the un's general and so we would like to set the goal for signing this japan-u.s. trade agreement. we still have some remaining work that has to be done at the working level, mainly finalizing the wording of the trade agreement and also finalizing the content of the agreement. we will make sure that our teams will accelerate the remaining goal,o achieve this realizing the signing of the agreement on the margins. [speaking foreign language] that thosevery happy of our teams have been working on this specific issue in a win-win manner bringing both benefits to japan and the united states. in the course of this trade agreement that
translating] >> with regard to the japan-u.s. trade agreement, the series of intensive negotiations has been u.s.cted in line how the andement on september 26 how, by now, how we successfully reached consensus with regard to element. i certainly welcome this development. [speaking foreign language] >> and as mr. president has pointed out, next month at the end of september, both of us are going to attend the un's general and so we would like to set the goal for signing this...
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Aug 24, 2019
08/19
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FBC
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>> you still want to own u.s. assets. you and i have talked before, want to own the utilities, energy toll roads, infrastructure, things that have high single digit yield through these difficult times. i think the assets will continue to do well even in the face -- shallow recession. not a 2008, i don't know where to put my money recession, just a shallow recession. the u.s. is very well-capitalized. our economy is doing as well as it can given global input. i think it's a great, great place to assess. >> part of the reason has to do with uncertainty around trade and china. when we were together, he said if we were to get a deal with china, that would mean down 30,000. they would rally big time. there's this huge issue in the way, national security. the way china keeps breaking its promises. look at what's taking place in hong kong. 1.7 million people took to the streets last weekend even when it was pouring out. you know they are upset because china keeps breaking promises. they want the autonomy that they were promised.
>> you still want to own u.s. assets. you and i have talked before, want to own the utilities, energy toll roads, infrastructure, things that have high single digit yield through these difficult times. i think the assets will continue to do well even in the face -- shallow recession. not a 2008, i don't know where to put my money recession, just a shallow recession. the u.s. is very well-capitalized. our economy is doing as well as it can given global input. i think it's a great, great...
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as expected the u.s. federal reserve cut interest rates believes many scratching their heads if the u.s. economy is strong why the need for even cheaper money is. also on the show go breakthrough no progress no deal the 12th round of u.s. china trade talks ends with the same result as the previous 11. and the new british prime minister brings new worries for business with the breaks that brinksmanship ends in a much threaded no deal. this is your business report and stephen bears in berlin thanks for watching it's a modest cut interest rates that has some scratching their heads the u.s. federal reserve has lowered rates by a quarter percent despite strong economic indicators in the country officials pointed to softening business investment and muted inflation it's been a long time since the last rate cut almost 11 years in fact that was december 2008 on the tail end of federal reserve efforts to prime financial markets during the recession. it's only gone up since then in line with the recovering and even
as expected the u.s. federal reserve cut interest rates believes many scratching their heads if the u.s. economy is strong why the need for even cheaper money is. also on the show go breakthrough no progress no deal the 12th round of u.s. china trade talks ends with the same result as the previous 11. and the new british prime minister brings new worries for business with the breaks that brinksmanship ends in a much threaded no deal. this is your business report and stephen bears in berlin...
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u.s. pharmaceutical giant has been found guilty in an oklahoma courtroom but what effect if any will this album the epidemic of opioid plague in the united states barrow's contributor to america's lawyer was on hand to break down the ruling and what this means for the future profits in the drug manufacturing star clusters of the state of global trade with confusing enough there is yet another wild card at play in the push civic shipping spat to rob hooped of i.c.'s and standing by to help us clarify the state of the trade war yet another great show is right at the start what's the secret to our business model paul you let's go. we lead our global report today with a groundbreaking decision against pharmaceutical giant johnson and johnson an oklahoma judge ruled monday that johnson and johnson must pay a $572000000.00 fine for its role in the state's opioid crisis cleveland county district judge that baldwin had this to say about the ruling. you are trying to this is an imminent danger and
u.s. pharmaceutical giant has been found guilty in an oklahoma courtroom but what effect if any will this album the epidemic of opioid plague in the united states barrow's contributor to america's lawyer was on hand to break down the ruling and what this means for the future profits in the drug manufacturing star clusters of the state of global trade with confusing enough there is yet another wild card at play in the push civic shipping spat to rob hooped of i.c.'s and standing by to help us...
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Aug 6, 2019
08/19
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ALJAZ
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u.s. president donald trump has this miss concerns over a long trade war with china saying the american economy is strong on monday the u.s. accused china of being a currency manipulator after lead there one significantly drop in value but beijing says washington's move could lead to chaos in financial markets the u.s. and china have been engaged in a trade dispute for several months troops have been deployed to restore calm in malawi's capital after battles broke out between protesters and police allow is had months of protests since president. won a 2nd term in april demonstrators say the vote was rigged and want the head of the electoral commission to resign those are the headlines my next. china has one of the world's highest are based in iraq but many a take up the farmers against battle for military style white not scott brown surgery one i want to investigate as the chinese battle to get in shape on al-jazeera. going to say going to save quote. stuck in the stuff in the stores. on a
u.s. president donald trump has this miss concerns over a long trade war with china saying the american economy is strong on monday the u.s. accused china of being a currency manipulator after lead there one significantly drop in value but beijing says washington's move could lead to chaos in financial markets the u.s. and china have been engaged in a trade dispute for several months troops have been deployed to restore calm in malawi's capital after battles broke out between protesters and...
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and in a 1st of its kind ruling the u.s. federal pool does the state of mind a hope to pay for gender reassignment surgery for an inmate convicted of child sex abuse.
and in a 1st of its kind ruling the u.s. federal pool does the state of mind a hope to pay for gender reassignment surgery for an inmate convicted of child sex abuse.
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Aug 25, 2019
08/19
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CSPAN
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>>[speaking foreign-language] >> based on the japan-u.s. joint statement by the leaders on the a of september last year, negotiation on japan's u.s. trade agreement. >>[speaking for language] >> as we all know, the united states is the largest economy in the world whereas japan is also ranked third in total gdp. we are the very first and the second largest economies and with this amount of achievement, we now have the full concurrent on the issues and also the digital and e-commerce. this achievement cannot be over emphasized and i am very happy to share this important achievement with you. >>[speaking foreign-language] >> and on this occasion, we've had a chance to present what we of gaining endorsement from president trump and also prime minister abe. work.plete the remaining teamurse, i had my own focused on completing the remaining work and i certainly hope that by working between the japanese and american teens, we will likely to complete the remaining part. >> thank you very much, i appreciate it. >> mr. president, will tariffs remain
>>[speaking foreign-language] >> based on the japan-u.s. joint statement by the leaders on the a of september last year, negotiation on japan's u.s. trade agreement. >>[speaking for language] >> as we all know, the united states is the largest economy in the world whereas japan is also ranked third in total gdp. we are the very first and the second largest economies and with this amount of achievement, we now have the full concurrent on the issues and also the digital...
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in a 1st of its kind ruling a u.s. federal court orders the state of idaho to pay for gender reassignment surgery.
in a 1st of its kind ruling a u.s. federal court orders the state of idaho to pay for gender reassignment surgery.
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u.s. pharmaceutical giant johnson and johnson. found guilty and fined for fueling oklahoma's opioid epidemic and causing a surge in drug related deaths. johnson and johnson will finally be hill accountable for thousands of deaths and addiction paul why they're actually. going to triple threat middle east tensions.
u.s. pharmaceutical giant johnson and johnson. found guilty and fined for fueling oklahoma's opioid epidemic and causing a surge in drug related deaths. johnson and johnson will finally be hill accountable for thousands of deaths and addiction paul why they're actually. going to triple threat middle east tensions.
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Aug 25, 2019
08/19
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monday morning, we will talk about u.s. economy and campaign 2020 with a university of maryland economics professor, and indie green with the center for american progress. lori davison will be on to talk about tax policy. watch c-span's washington journal, live at 7:00 a.m. eastern monday morning. join the discussion. susan: this week on "newsmakers," steven law joins us, the president of the senate leadership fund. we also have the chief congressional correspondent with the washington examiner, and the chief congressional correspondent with the associated press. let me begin with explaining to our viewers, what is your group, how much you plan to spend in the 2020 race, and where do you plan to spend that money. steven: i represent a senate leadership fund and one nation, two organizations involved in politics and policy, focused on the senate. in 2018, we raised and spent about $190 million.
monday morning, we will talk about u.s. economy and campaign 2020 with a university of maryland economics professor, and indie green with the center for american progress. lori davison will be on to talk about tax policy. watch c-span's washington journal, live at 7:00 a.m. eastern monday morning. join the discussion. susan: this week on "newsmakers," steven law joins us, the president of the senate leadership fund. we also have the chief congressional correspondent with the...
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china trade for the 2020 u.s. presidential election morgan stanley believes could tip the global economy into recession by the middle of next year. meanwhile more dovish tones for. the white house donald trump's economic advisor larry kudlow pointed to upcoming bilateral talks as a source of confidence. the door is open for additional negotiations. we are planning. for the chinese the in the coming year in september you know they are meeting. they have their. leadership on clay for about 10 days i think it's already begun and then no come out of that to still be ahead of the september 1 terrible line and you know we hope the economy or we hope we can have some very positive results and we go she ations that's an optimistic view the president's office said. that we're open to negotiations like. the national correspondent only bonds joins us from frankfurt only do these multi mystic tones there from a called low help. it seems to be helping here and early european trading and frankfurt where i'm standing it looks li
china trade for the 2020 u.s. presidential election morgan stanley believes could tip the global economy into recession by the middle of next year. meanwhile more dovish tones for. the white house donald trump's economic advisor larry kudlow pointed to upcoming bilateral talks as a source of confidence. the door is open for additional negotiations. we are planning. for the chinese the in the coming year in september you know they are meeting. they have their. leadership on clay for about 10...
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the u.s. china trade war is still ongoing with no end in sight and with rattle markets in recent weeks many fear a possible recession but president donald trump claims were far from it. i think the word recession is a word that's inappropriate because it's just a word that the. the certain people are going to be kind of certain people in the media are trying to build up because they'd love to see a recession we're very far from recession he went on to say the u.s. economy is doing very well adding china wants to make a deal the fact is somebody had to take china in my life would be a lot easier if i didn't take china on but i like doing it because i have to do it trump shocks global markets earlier this month when he announced adding another 10 percent tariff on $300000000000.00 in chinese imports scheduled to take effect september 1st and then tax mostly consumer goods we spoke to vice chairman of hong kong's apparel society for some perspective everyone is quite prepared and there has been a
the u.s. china trade war is still ongoing with no end in sight and with rattle markets in recent weeks many fear a possible recession but president donald trump claims were far from it. i think the word recession is a word that's inappropriate because it's just a word that the. the certain people are going to be kind of certain people in the media are trying to build up because they'd love to see a recession we're very far from recession he went on to say the u.s. economy is doing very well...
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Aug 1, 2019
08/19
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the treasury secretary said to be clear the u.s. welcomes responsible innovation including new technologies that may improve the efficiency of the financial system and expand access to financial services. that being said with respect to the other developments in the currencies the overriding goal is to maintain the integrity of the financial system and protect it from abuse. he also noted the treasury has concerns regarding the misuse of digital currency by money launderers, terrorists and other data players. as digital currency efforts moved forward, i'm interested in better understanding how the technologies may infect individuals ability to exercise control over their data including the right to receive access to the data, correct inaccuracies and deletes the data. during the hearing and look forward to hearing more about how the market for the digital currency has grown and evolved over the last decade and a different types of digital currencies in the marketplace including the differences with the proposed digital currency, how
the treasury secretary said to be clear the u.s. welcomes responsible innovation including new technologies that may improve the efficiency of the financial system and expand access to financial services. that being said with respect to the other developments in the currencies the overriding goal is to maintain the integrity of the financial system and protect it from abuse. he also noted the treasury has concerns regarding the misuse of digital currency by money launderers, terrorists and...
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Aug 10, 2019
08/19
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FBC
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the u.s. and china.they agreed to talk again in september. in a clear sign of american frustration, the president threatened to impose tariffs and $300 billion of additional chinese goods. this time the tariffs would hit not just industrial goods, but high-profile products american consumers love including cell phones and other electronics. china responded by depreciating its currency to make its exports cheaper around the world. and by declaring it would suspend purchases american agricultural products. then, president trump responded to that by formally declaring china it currency minutes later under american law. the financial markets are worried. the u.s. stock market suffered through its worst day of the year on monday.it's rebounded since but there's been a lot of volatility in the stock market and the bond market as investors decide where this is going and how much it might affect economic growth in the months to come.all of this raises crucial questions nearing the end of the summer. i
the u.s. and china.they agreed to talk again in september. in a clear sign of american frustration, the president threatened to impose tariffs and $300 billion of additional chinese goods. this time the tariffs would hit not just industrial goods, but high-profile products american consumers love including cell phones and other electronics. china responded by depreciating its currency to make its exports cheaper around the world. and by declaring it would suspend purchases american agricultural...
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Aug 28, 2019
08/19
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u.s. investments in china benefit the u.s. economy. u.s. companies have benefited greatly from the growth china has provided ostly through rapidly growing exports. it is person to note -- important to note most companies ins have in china to serve their domestic market but the revenue generate in online is also a driver of growth and he united states. china u.s. exports it directly and indirectly jobs in 1.8 million the united states. he economic benefits from that investment in china and are 2.6 american jobs. the healthcare sector is an part of this story and u.s., ports of pharmaceuticals reached nearly $3 supports 2018 and it 4 po 4.7 u.s. jobs. medical device industry supports 2 million u.s. jobs. hina is the second largest market for pharmaceuticals and further for mechanical equipment rapidly as owing china ages. it is increasingly important companies participate in this to support u.s. job creation. the second principle is commercial challenges are best engagement.hrough it is my experience chinese health care regular hit fors are -
u.s. investments in china benefit the u.s. economy. u.s. companies have benefited greatly from the growth china has provided ostly through rapidly growing exports. it is person to note -- important to note most companies ins have in china to serve their domestic market but the revenue generate in online is also a driver of growth and he united states. china u.s. exports it directly and indirectly jobs in 1.8 million the united states. he economic benefits from that investment in china and are...
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the market power that some of the big companies companies have but i do not see any pressure on the u.s. side to really go on board with the french or government at this point why should washington have any interest to help europe to collect taxes from us corporations and culture there on wall street for us thank you very much flying is a dirty business literally the environmental impact of flights is huge german chancellor angela merkel told an inaugural national aviation conference in the city of leipsic that germany should be a world leader in climate friendly aviation. the heavy hitters from the german government arrived by helicopter that had more to do with speed than the environment but the environment was the order of the day and leipsic anglo-american made it clear that climate friendly aviation can be a competitive advantage. then here in noir if we invest in new technologies and focus on modern aircraft with low noise levels and low emission engines the aviation industry can accept it and demand in competitiveness can be security. because one policy the german government want
the market power that some of the big companies companies have but i do not see any pressure on the u.s. side to really go on board with the french or government at this point why should washington have any interest to help europe to collect taxes from us corporations and culture there on wall street for us thank you very much flying is a dirty business literally the environmental impact of flights is huge german chancellor angela merkel told an inaugural national aviation conference in the...
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the china u.s. trade war is entering a new round and a new arena after the chinese currency falls sharply the u.s. is officially designated a currency manipulator as a move and markets around the globe drop busy expecting further escalations. what's happened to hydrogen fuel cell technology once carried the promise of clean energy in abundance but it's become awfully quiet around that technology why. this is the business has come to the u.s. has labeled china a currency manipulator cranking up trade tensions between the world's 2 biggest economies the decision rattled investors on international stock markets donald trump's decision follows the sharp weakening of china's you one currency which breached the closely watched barrier of 7 against the dollar busy the u.s. treasury said it's labels china a currency manipulator because it has devalued its currency to quote gain an unfair competitive advantage in the worst sell off of the year the dow jones lost close to 3 percent on monday shanghai composit
the china u.s. trade war is entering a new round and a new arena after the chinese currency falls sharply the u.s. is officially designated a currency manipulator as a move and markets around the globe drop busy expecting further escalations. what's happened to hydrogen fuel cell technology once carried the promise of clean energy in abundance but it's become awfully quiet around that technology why. this is the business has come to the u.s. has labeled china a currency manipulator cranking up...
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Aug 10, 2019
08/19
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BLOOMBERG
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if u.s. growth goes to 2% or the u.s. industry has to return cash to investors, it will be some 2% -- sub 2%. you are clearly in a position where the supply balance will tighten. people are worried about demand and you have china issues and u.s. issues, trade wars. you are also seeing a deceleration in europe and you have a million barrels plus of u.s. share. -- shale. i think the reality is there's probably upside to the commodity and normalized commodity price we believe is 65 or $75 a barrel wti. it will take between 16 and maybe two and half years for this to play out in the markets. alix: thank you so much, love to get your perspective. time for our note of the week and it comes to us from chevron who is warning that developments in crisis torn venezuela could hit their bottom line. in the latest 10-q filing has said future events related inivity -- two activities venezuela -- to activities in venezuela may result in significant impacts in the results and operation of future times. they had previously said they were
if u.s. growth goes to 2% or the u.s. industry has to return cash to investors, it will be some 2% -- sub 2%. you are clearly in a position where the supply balance will tighten. people are worried about demand and you have china issues and u.s. issues, trade wars. you are also seeing a deceleration in europe and you have a million barrels plus of u.s. share. -- shale. i think the reality is there's probably upside to the commodity and normalized commodity price we believe is 65 or $75 a barrel...
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Aug 2, 2019
08/19
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the u.s.-japan alliance. initiatedop of why we formendeavor to launch the , that a core group of members who are and still are the generalsdmirals and from japan and the u.s. over the past six years have expanded participationthe theexpanded to include active-duty officers and policymakers. we have been extraordinarily fortunate to have that government officials from the u.s. and japan for this years sixth form -- for him. -- for them. we have stimulate -- stimulating positive discussions. the members in the guest of the for him to come to .ashington to get together has been extremely helpful from day one. extremely instrumental to bringing about this enterprise. without his strong endorsement, this could never have started. also without dr. green's continued support, it would never have grown to this extent. once again, thank you very much and others and c si. thank you very much. [applause] >> thank you. we are going to our panel discussion. unless the questions to our distinguished visitors
the u.s.-japan alliance. initiatedop of why we formendeavor to launch the , that a core group of members who are and still are the generalsdmirals and from japan and the u.s. over the past six years have expanded participationthe theexpanded to include active-duty officers and policymakers. we have been extraordinarily fortunate to have that government officials from the u.s. and japan for this years sixth form -- for him. -- for them. we have stimulate -- stimulating positive discussions. the...
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Aug 2, 2019
08/19
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actively listed in the u.s.. chinese companies. just in the u.s.. umag --u be sending negative message? >> we welcome this. all day. we want to make sure the basis upon which this flows to the u.s.. american that wants to come to this region can come. it is what nations must do to protect their own sovereignty. do so through transparency. don't subsidize those countries. them.create chinese companies well, and be successful. we welcome that. the >> of this trade tensions is actually a fundamental misunderstanding of how the u.s. views china. china today is different than china 20 years ago. reform. time to a misconception in those views? i had to be a chance to be with dr. kissinger. celebrate theo anniversary. up, theyonomy opened would begin to compete. that has not happened. that is what we are driving for. it is elemental. >> if there is one thing china needs to do, what would that be? one first step? >> i am not directly involved. there was an agreement that would have put us in a good place. to where weome back wear that day. >> you touched on
actively listed in the u.s.. chinese companies. just in the u.s.. umag --u be sending negative message? >> we welcome this. all day. we want to make sure the basis upon which this flows to the u.s.. american that wants to come to this region can come. it is what nations must do to protect their own sovereignty. do so through transparency. don't subsidize those countries. them.create chinese companies well, and be successful. we welcome that. the >> of this trade tensions is actually...
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is getting involved on a high level because the u.s. and china have this trade and everything else will going on so more trouble for xi jinping is something that donald trump obviously enjoys but it's also something that concerns us in europe because in hong kong we say we see the. playbook that china is using to handle dissent and calls for democracy and that is a much much broader question how is it more of a clash or a competition and i prefer the word to the term co-existing because this is still the cooling systems of what china doesn't want is that between the want the 2 systems that one system is challenging the other should be a coexistence that says keep the one country stable cherry's the west's approach right now a good one should the west back off of void provoking china not looking like it's being involved in the protests right now. speaking from the perspective of a hong kong person of cause we would like the west to speak out more to give more pressure to china but then maybe in the best interests of all this let's think
is getting involved on a high level because the u.s. and china have this trade and everything else will going on so more trouble for xi jinping is something that donald trump obviously enjoys but it's also something that concerns us in europe because in hong kong we say we see the. playbook that china is using to handle dissent and calls for democracy and that is a much much broader question how is it more of a clash or a competition and i prefer the word to the term co-existing because this is...
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tech companies the u.s. is now if you do that we will put tariffs on french products wine in particular in the united says ok if you impose taxes or tariffs on france the e.u. will stand together we will retaliate are we looking at a new sort of trade will brewing here. at 1st i would hope that they stay together the e.u. being by nature a multilateral institution. i would hope that the use tense together and it's not too wide it as in other questions like the the rain forest thing for example. but yes i could imagine that a new conflict is brewing up. trump is steering in 2 directions and he will probably try to award a massive conflict in the year 2020 so there is some hope but it's not really clear it's not really clear but what we know is that asian shares certainly took a beating this morning things africa somewhat by now but they did take a beating china's 111 year low and that of course with those latest escalation in the trade war between the u.s. and china are hong kong's hang seng index dropped 3 p
tech companies the u.s. is now if you do that we will put tariffs on french products wine in particular in the united says ok if you impose taxes or tariffs on france the e.u. will stand together we will retaliate are we looking at a new sort of trade will brewing here. at 1st i would hope that they stay together the e.u. being by nature a multilateral institution. i would hope that the use tense together and it's not too wide it as in other questions like the the rain forest thing for example....
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this luxury u.s. residents near the indian capital of delhi is being prepared to host one of the most anticipated weddings of the year. the alliance of 2 wealthy families in the textile industry before nearly a 1000 and big. now let's dance in honor of the young prince who's getting married.
this luxury u.s. residents near the indian capital of delhi is being prepared to host one of the most anticipated weddings of the year. the alliance of 2 wealthy families in the textile industry before nearly a 1000 and big. now let's dance in honor of the young prince who's getting married.
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now to some of the other global business stories making headlines today u.s. officials have warned the u.k. it's decision to release an iranian oil tanker could threaten relations between britain and the u.s. the u.k. should consider its position with the fun minister boris johnson pushing for a trade deal with the americans. turkey's military pension fund has reached a provisional agreement to take over british steel it hopes the deal will close by the end of the year but in 2nd largest steelmaker and $5000.00 workers as another $20000.00 in directly but it was put into compulsory liquidation in may when its current owners failed to find new funding. in the world of geopolitics to a small town in the west of job after world war 2 u.s. troops were stationed in via spot. is left whole apartment block stood empty until 2 entrepreneur came up with an idea building a base in germany for made in china will do business in europe to do it he's moved through this family all the way from the chinese megacity of gwangju vias in southwestern germany population 3 and a ha
now to some of the other global business stories making headlines today u.s. officials have warned the u.k. it's decision to release an iranian oil tanker could threaten relations between britain and the u.s. the u.k. should consider its position with the fun minister boris johnson pushing for a trade deal with the americans. turkey's military pension fund has reached a provisional agreement to take over british steel it hopes the deal will close by the end of the year but in 2nd largest...
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Aug 6, 2019
08/19
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CSPAN
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parties in the u.s. and politics all around the world now questioning global trade arrangements. that is why i do not think this will go away. you have opened pandora's box. these are difficult issues. you will not be able to put them back in the box. we are going to have trade regime uncertainty as described on the right-hand side of this charge for as far as the eye can see. like i say, that is -- from our point of view as monetary policymakers, we have to take that into account. we have about insurance against the effects this may have on economic growth. we have other concerns meanwhile that are bubbling in the background. one of them is immunity -- muted inflation. we measure this as pce inflation. headline inflation. a lot of times, we will look at core inflation to get an idea of some sort of underlying gauge of inflation pressure. both inflation and inflation expectations are below target. i think this is surprising because this is occurring despite the upside surprise in the economy that i descr
parties in the u.s. and politics all around the world now questioning global trade arrangements. that is why i do not think this will go away. you have opened pandora's box. these are difficult issues. you will not be able to put them back in the box. we are going to have trade regime uncertainty as described on the right-hand side of this charge for as far as the eye can see. like i say, that is -- from our point of view as monetary policymakers, we have to take that into account. we have...
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Aug 4, 2019
08/19
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CSPAN
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the outlook for the u.s. economy remains favorable in this action is designed to support that outlook. againsttended to ensure downside risk, to help offset the effects these factors are andng the -- on the economy to promote a faster return of inflation to our symmetric 2% objective. all of these objectives will support achievement of our overall goal, to sustain for the benefit of the american people. we also decided to conclude the runoff of our securities portfolio rather than and september as previously planned. -- in september as previously planned. i will discuss the thinking behind today's interest rate reduction and then turn to the path forward. as the year began, both the economy and monetary policy were in a good place. the unemployment rate below 4%, inflation had been running there are 2% objective for nine months. are interest-rate target was that the low ends of neutral. over the first half of the year, the economy grew at healthy pace. and it pushed on appointment to near a half-century low.
the outlook for the u.s. economy remains favorable in this action is designed to support that outlook. againsttended to ensure downside risk, to help offset the effects these factors are andng the -- on the economy to promote a faster return of inflation to our symmetric 2% objective. all of these objectives will support achievement of our overall goal, to sustain for the benefit of the american people. we also decided to conclude the runoff of our securities portfolio rather than and september...