9 Burst results for "China Hawke"

"china hawke" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:12 min | 4 months ago

"china hawke" Discussed on Bloomberg Radio New York

"After the closing bell and as we look into Treasuries right now, the benchmark 10 year Down to a 0.58% of the yield there and as we look ATT medals and continue strength, with gold, off 6/10 of a percent of 18 53 that it's a spot gold and silver also climbing as well. Up to $22. Which the markets for you every 15 minutes during the traded everything here in Bloomberg Radio. I'm John Tucker. That's your Bloomberg business. Flash toman Paul John Tucker. Thanks so much little advance to the market. There will give you further David Wilson with individual stack studies here on Bluebird radios for the day. As well Right now on China in the United States, and clearly all waiting to see how China will respond is someone with national security abilities for Bloomberg. William Fairies joins us Right now out of Stanford with really a wonderful remit for Bloomberg over the years. Including a real tour of duty in Latin America, Bill. I want to get to the serious information, but I just got one question. It's all we got time for. You had the mother of all jobs out of school. How do you become a Scotch ambassador for Chivas Regal? I mean, Bill, How did you land that job? You will believe it. It was Craig quest of all time. What do you do You like 24 years old or whatever you were in your brand ambassador for one of the most prestigious scotches in the world. How did you land this job? You know it was it was it was a list. You don't trade my wife and I found it And you know it gave me Let's say gave me some early foreign policy experience thinner 15 or 16 countries on a tour over about five or six month course. Chivas with their ownership of Glen livid as well. Okay, let's go toe. That's not the reason we have amount, folks. I just thought I'd do that on Wednesday in the summer bill Seriously here a national security China must respond. Run through What prism? Does China respond? Is it economic? No. But is it espionage? Or is it politics or do they play to their domestic audience? Well, they're gonna have to answer to their domestic audience at some level. And you know what we've seen in recent weeks in China, trying on the margins, not retaliate. Quite a hard against some of the U. S rhetoric in the U. S action, so The big question will be do they close the U. S consulate in China And if they don't anything less than that, I think will be seen as an attempt at why would they do more than that? Come on, thinking, why would go you know bigger tit for tat or however you phrased it. I don't think they're interested in making making this worse. I don't think they're interested in being a affect trade relations and a broader economic, broader economic ties. So, Bill, you know, in my history, maybe I just haven't been paying attention. I haven't seen this type of news very often in the past were of the U. S. For a major trading partner like China. Would shut down a consulate in a major US city. What do you think the rationale is behind it? Is there any Well, we don't know if there's some sort of intelligence operations going on. Now. What we do know is that Houston has had a China problem. In the last couple of years. There's been at least two Chinese citizens. Indicted and convicted in Houston for trying to steal energy industry trade secret. There was official late last year. Ah Chinese, It isn't late last year, was arrested and one earlier this year who was sentenced to two years in jail. So There has been an issue there. The US would probably look at the Chinese consulate in Houston as being kind of a coordinator in in that effort. Marco Rubio, the senator from Florida today, said that he believes that that consulate has been the central, he said of China's intelligence operations, so we don't know if there was something else. That was going on now that prompted this or if it's just part of the kind of back and forth we've seen. Secretary Pompeo has been hitting on China almost every single day for well over a week now. So he's got some very serious China Hawke in his department, and so we don't know if whether there was a new event that prompted this or whether it's just kind of the accumulation of what we've seen going on in the relationship. So, Bill what happens when we close a concert? All these people do they have to leave. The country. What timeframe? How does it all play out? These thes diplomats are these. The officials with the consulate have been given 72 hours to leave the country. What we did something similar with Russia At the very end of the Obama administration. We closed the consulate in San Francisco. At that point, I think the U. S allowed Russia too. Relocate the the the employees that had their two other U. S consulate, but typically they will go home. I expect given the status of U. S. China ties These, these employees will be told to go home with them. Three days, the consulate. The consulate will remain in China hands that the U. S doesn't take it over anything like that, and it could be reopened in the future. This has been wonderful Bill. Don't be stranger Bill fairies with us greatly appreciated with national security with Bloomberg News. He's got a developing story needs to get back to the desk to move the Ford Paul with the doll of 80 I've got those Microsoft call options, you know, like a little short, like three days from now. Because I'm looking at the royal salute tribute toe honor. 50 year old Chivas priced in a $250,000 a bottle. Are you kidding me? Bill? Bill can get us a deal. Maybe there it is. I sent him to buy once in that hotel. It's a little early on the water. You go across the little bridge. It looks like a sail the birds or You know that big fancy hotel in Dubai and they had a bottle of Scotch up at the top floor. I don't know what it was worth, like the GDP of Rhode Island or something. I don't I never have you ever gotten that? I have not fancy scotch thing. No, I have not gotten into that. You know, But some people, you know that they treated like wine. I mean, they could You know, they they really experience you know, the queen of this was Betty Lou had every single Scotch guy on our show. And one day, she said. Time. Can you help me out? So there? I was with Scotch that I would never You know, I was like, Oh, this is phenomenal. Couldn't couldn't tell the difference. No, but there are people out there that really they won't pay up for it. Bill Fairies. Thank you so much a national security with Bloomberg. News. We leave you the Dow up 73 points. And, of course, through the day, important discussion and conversation on these international relation events. Maybe we'll get a presidential press.

China Bill Fairies Bloomberg United States Bloomberg Radio Chinese consulate Houston Paul John Tucker Chivas Regal U. S. China John Tucker William Fairies Latin America official David Wilson Bloomberg News Russia brand ambassador Glen livid Marco Rubio
"china hawke" Discussed on C-SPAN Radio

C-SPAN Radio

10:16 min | 1 year ago

"china hawke" Discussed on C-SPAN Radio

"Letting them have their heart. Even though letting know they're not technically meeting the requirement. This stories shaping Washington today all ahead on C span radio, and we begin with this evening's key talks involving the United States and China's officials on trade toxic occurring here in Washington. President Trump says the US would raise tariffs from ten percent to twenty five percent on more than two hundred billion dollars worth of Chinese goods and increase would take affect at twelve. Oh one tomorrow morning unless. Settlement can be reached the threat following charges that Beijing has been trying to backpedal and essentially renegotiate earlier greets. But in the meeting with reporters at the White House earlier today, President Trump also indicated that he received what he described as a beautiful letter from the Chinese president Xi Jinping and would probably speak to him as negotiations continue more from the White House, the vice premiers coming here today, we were getting very close to a deal, then they started to renegotiate the deal. We can't have that. We can't have that. So our country can take one hundred twenty billion dollars a year and tariffs paid for mostly by China, by the way, not by a lot of people try and steer it in a different direction really paid out of his faith for by largely by China. I'm businesses will pour back into our country. So instead of making the product it'll be the old-fashioned way the way we used to do we made our own product. And I think things are going along pretty well. But a large group delegation headed by one of the most respected men. Highest officials of China will be coming in today. They started five o'clock, and they'll see what they can do. But our alternative is is an excellent one. It's an alternative. I've spoken about for years. We'll take in well over one hundred billion dollars a year, we never took in ten cents from China nut ten cents, and it'll be a I think it'll be a very strong day, frankly, but we'll see it was their idea to come back. Just wrote me a beautiful letter just received it and I'll probably speak to him by phone. But look we have two great alternates. Our country is doing fantastically. Well, our numbers at three point two. Don't forget three point to the first quarter is always by far the worst quarter, or at least almost always you look back over the years. First quarter is always weekend. We had three point two GDP. Our unemployment numbers of the best in the history of our country. And we're doing well companies are really doing well, even in Ohio the great state of Ohio yesterday General Motors at my verse stronger jink to put it mildly, very stronger. I wasn't even nice about it. But I appreciate what they did. They sold the the beautiful plant Lordstown they sell that beautiful plant to very very good company that's gonna make electric trucks and that work because I was the only thing they could say about our whole economy Lordstown, they kept saying Lord style Lordstown. And when you had all these great companies spending, billions and billions of dollars coming into our country. They couldn't talk about it. That only mention the one plant. That was a GM plant from a very long time ago. And now, we have a great company going and going to make electric trucks, very appropriate. Those remarks by the president earlier today at the White House and joining us on the phone here in Washington as Bob Davis. He is senior editor for the Wall Street Journal, and can you walk us through specifically the issues on the table between the United States and China? Well, you know, now there's one big issue one big issue. And that is whether the US will go ahead and raise tariffs on Chinese goods, two hundred dollars of Chinese goods. From ten percent to twenty five percent. That is the issue that is dwarfed all the substantive issues that have come before it from China's point of view. Tariffs go into effect. They'll they'll be forced to retaliate if they do that. We're down further down a rabbit hole. This could really create a trade war between the two leading economies of the world. We've been on the edge of a trade war. This is like in trade terms, like high noon, I mean, you know, this is bad as as fraud moment as you get in trade negotiations. So how did they resolve this? Well, one or two ways the Chinese come with concessions that the US considers to be significant enough to either hold off tariffs or to just put tariffs in place for a period of time while they work out work out a deal and get back to this substantive issues that divide in Asians, or you know, it doesn't work out. I mean that the tax go in and we're in for a long period of. Very. Problematic economic news and get these are tariffs that obviously American consumers would see and feel every day the president often mentions the stock market and we've seen some wild moves over the last couple of days because of the uncertainties so where does that put the president? Well, president is a guy who believes in tariffs he calls himself tariff. Man, I think that is actually the way he thinks about things. I think if the market I think the markets had Sumed has had many other people that we were on the road to a deal if it becomes if the talks fell apart and tariffs are put in place in look like me and place for for a long period of time. I would imagine Mark through react very negatively. And then we'll take a look and see how much same power. The president has the face of falling stock market. We're talking with Bob Davis senior editor for the Wall Street Journal does this potentially have any impact on inflation. Possibly probably not. I mean, you know, so we're talking about. Increasing tariffs on two hundred billion dollars of goods from ten percent to twenty five percent. The types of goods that we're talking about on for the most part aren't the sort of things you seem WalMart. I mean, they're they tend to be electron of components mechanical parts, you know, things that go into other things. So yeah, I mean go up, but it'll be hard on a machinery on a piece of machinery to tell. You know, how much of that is from a tariff on the other hand if the president the president is increases threats today, and he's said that they're starting the process of. Of imposing tariffs on three hundred and twenty five billion dollars worth of goods. That's so far haven't been subject to tariffs. And those are the things that Americans buy all the time in WalMart and other stores like iphones and cell phones and clothing there, you, you know, I don't know if it's a big enough impact to to affect the consumer price index overall, but you'll see it. I mean, if you're consumer you'll notice it if the price of an iphone goes up twenty percent because of a tariff, that's not something you're gonna miss and two key players on the US side. The Treasury Secretary Steve Mnuchin part of these negotiations into the evening, and Robert lighthizer who is a presence top trade negotiator. What can you tell us about these two individuals -pointment as it might be in terms of trade with China? Well, I mean, they very different outlooks and represent very different constituencies. So lighthizer trade Representative is is a longtime China Hawke who largely wanted the USC our job. So he kid finally get a chance to take on China. And try to write what he felt were the wrong that China was committing economically. He pushes his heart as he can harder. I would say the president for a tough deal that would fundamentally change Chinese economic policies. The Treasury Secretary has a different portfolio. I mean, he is portfolio is keeping the US economy humming along in the global economy, you know, few problems as it can have. So he's been pushing much more for a deal. He is kind of a dove in the, you know, in this bifurcated world while visors hawk one thing to note is that the Chinese Trayvon boy a guy named Lou her is meeting today having dinner tonight only with lighthizer not with Mnuchin, which is different than the way. It's been in the past and Bob Davis, senior editor for the Wall Street Journal his work in those of his colleagues available at wsJcom. Thanks for being with us this evening, we create it. Thank you. The markets were all over the place today at the final bell, the Dow losing one hundred and thirty nine points. The NASDAQ was down thirty three the SNP off by nearly nine points. Meanwhile, Federal Reserve chair Jerome Powell says the US needs to find a way to address a decades long slowdown in income growth in upward economic mobility in his speech at said research council to Rome Palestine that incomes have grown more slowly for middle class families since the nineteen seventies than for higher income households. He says, quote, it is crucial to address those concerns one day after the House Judiciary committee voting to hold of the attorney general in contempt of congress. The president is leading up to the Torney general Bill bar to decide whether special counsel Robert Muller can testify before congress on the Russia investigation his comments as a reversal of sorts since over the weekend, the president on Twitter writing Mr. Muller should not be allowed to appear before congress and Senate testimony. The attorney general told. Lawmakers that he had no objection to letting Mr. Muller tuck to them. Here's more with President Trump. Allow five. Gonna leave that up to.

president China United States President Trump Wall Street Journal Bob Davis senior editor Washington White House Beijing Xi Jinping Ohio Robert Muller WalMart congress General Motors Federal Reserve
Trump may have made it more difficult for the US to 'win' its trade war with China

Washington Today

08:35 min | 1 year ago

Trump may have made it more difficult for the US to 'win' its trade war with China

"Washington. President Trump says the US would raise tariffs from ten percent to twenty five percent on more than two hundred billion dollars worth of Chinese goods and increase would take affect at twelve. Oh one tomorrow morning unless. Settlement can be reached the threat following charges that Beijing has been trying to backpedal and essentially renegotiate earlier greets. But in the meeting with reporters at the White House earlier today, President Trump also indicated that he received what he described as a beautiful letter from the Chinese president Xi Jinping and would probably speak to him as negotiations continue more from the White House, the vice premiers coming here today, we were getting very close to a deal, then they started to renegotiate the deal. We can't have that. We can't have that. So our country can take one hundred twenty billion dollars a year and tariffs paid for mostly by China, by the way, not by a lot of people try and steer it in a different direction really paid out of his faith for by largely by China. I'm businesses will pour back into our country. So instead of making the product it'll be the old-fashioned way the way we used to do we made our own product. And I think things are going along pretty well. But a large group delegation headed by one of the most respected men. Highest officials of China will be coming in today. They started five o'clock, and they'll see what they can do. But our alternative is is an excellent one. It's an alternative. I've spoken about for years. We'll take in well over one hundred billion dollars a year, we never took in ten cents from China nut ten cents, and it'll be a I think it'll be a very strong day, frankly, but we'll see it was their idea to come back. Just wrote me a beautiful letter just received it and I'll probably speak to him by phone. But look we have two great alternates. Our country is doing fantastically. Well, our numbers at three point two. Don't forget three point to the first quarter is always by far the worst quarter, or at least almost always you look back over the years. First quarter is always weekend. We had three point two GDP. Our unemployment numbers of the best in the history of our country. And we're doing well companies are really doing well, even in Ohio the great state of Ohio yesterday General Motors at my verse stronger jink to put it mildly, very stronger. I wasn't even nice about it. But I appreciate what they did. They sold the the beautiful plant Lordstown they sell that beautiful plant to very very good company that's gonna make electric trucks and that work because I was the only thing they could say about our whole economy Lordstown, they kept saying Lord style Lordstown. And when you had all these great companies spending, billions and billions of dollars coming into our country. They couldn't talk about it. That only mention the one plant. That was a GM plant from a very long time ago. And now, we have a great company going and going to make electric trucks, very appropriate. Those remarks by the president earlier today at the White House and joining us on the phone here in Washington as Bob Davis. He is senior editor for the Wall Street Journal, and can you walk us through specifically the issues on the table between the United States and China? Well, you know, now there's one big issue one big issue. And that is whether the US will go ahead and raise tariffs on Chinese goods, two hundred dollars of Chinese goods. From ten percent to twenty five percent. That is the issue that is dwarfed all the substantive issues that have come before it from China's point of view. Tariffs go into effect. They'll they'll be forced to retaliate if they do that. We're down further down a rabbit hole. This could really create a trade war between the two leading economies of the world. We've been on the edge of a trade war. This is like in trade terms, like high noon, I mean, you know, this is bad as as fraud moment as you get in trade negotiations. So how did they resolve this? Well, one or two ways the Chinese come with concessions that the US considers to be significant enough to either hold off tariffs or to just put tariffs in place for a period of time while they work out work out a deal and get back to this substantive issues that divide in Asians, or you know, it doesn't work out. I mean that the tax go in and we're in for a long period of. Very. Problematic economic news and get these are tariffs that obviously American consumers would see and feel every day the president often mentions the stock market and we've seen some wild moves over the last couple of days because of the uncertainties so where does that put the president? Well, president is a guy who believes in tariffs he calls himself tariff. Man, I think that is actually the way he thinks about things. I think if the market I think the markets had Sumed has had many other people that we were on the road to a deal if it becomes if the talks fell apart and tariffs are put in place in look like me and place for for a long period of time. I would imagine Mark through react very negatively. And then we'll take a look and see how much same power. The president has the face of falling stock market. We're talking with Bob Davis senior editor for the Wall Street Journal does this potentially have any impact on inflation. Possibly probably not. I mean, you know, so we're talking about. Increasing tariffs on two hundred billion dollars of goods from ten percent to twenty five percent. The types of goods that we're talking about on for the most part aren't the sort of things you seem WalMart. I mean, they're they tend to be electron of components mechanical parts, you know, things that go into other things. So yeah, I mean go up, but it'll be hard on a machinery on a piece of machinery to tell. You know, how much of that is from a tariff on the other hand if the president the president is increases threats today, and he's said that they're starting the process of. Of imposing tariffs on three hundred and twenty five billion dollars worth of goods. That's so far haven't been subject to tariffs. And those are the things that Americans buy all the time in WalMart and other stores like iphones and cell phones and clothing there, you, you know, I don't know if it's a big enough impact to to affect the consumer price index overall, but you'll see it. I mean, if you're consumer you'll notice it if the price of an iphone goes up twenty percent because of a tariff, that's not something you're gonna miss and two key players on the US side. The Treasury Secretary Steve Mnuchin part of these negotiations into the evening, and Robert lighthizer who is a presence top trade negotiator. What can you tell us about these two individuals -pointment as it might be in terms of trade with China? Well, I mean, they very different outlooks and represent very different constituencies. So lighthizer trade Representative is is a longtime China Hawke who largely wanted the USC our job. So he kid finally get a chance to take on China. And try to write what he felt were the wrong that China was committing economically. He pushes his heart as he can harder. I would say the president for a tough deal that would fundamentally change Chinese economic policies. The Treasury Secretary has a different portfolio. I mean, he is portfolio is keeping the US economy humming along in the global economy, you know, few problems as it can have. So he's been pushing much more for a deal. He is kind of a dove in the, you know, in this bifurcated world while visors hawk one thing to note is that the Chinese Trayvon boy a guy named Lou her is meeting today having dinner tonight only with lighthizer not with Mnuchin, which is different than the way. It's been in the

President Trump China United States White House Walmart Wall Street Journal Beijing Bob Davis Senior Editor Xi Jinping Ohio China Hawke Washington. USC General Motors Fraud
"china hawke" Discussed on C-SPAN Radio

C-SPAN Radio

10:16 min | 1 year ago

"china hawke" Discussed on C-SPAN Radio

"Have their heart past even though letting they're not technically meeting the requirements. This story's shaping Washington today all ahead on C span radio, and we begin with this evening's key talks involving the United States and Chinese officials on trade toxic occurring here in Washington. President Trump says the US would raise tariffs from ten percent to twenty five percent on more than two hundred billion dollars worth of Chinese goods. And that increase would take effect at twelve oh one tomorrow morning unless. Settlement can be reached the threat following charges that Beijing has been trying to backpedal and essentially renegotiate earlier grants. But with reporters at the White House earlier today, President Trump also indicated that he received what he described as a beautiful letter from the Chinese president Xi Jinping and would probably speak to him as the negotiations continue more from the White House, the vice premiers coming here today, we were getting very close to a deal, then they started to renegotiate the deal. We can't have that we can have that. So our country can take in one hundred and twenty billion dollars a year and tariffs paid for mostly by China, by the way, not by a lot of people try and steer it in a different direction, really pay. Ultimately, his faith whereby largely by China and businesses will pour back into our country. So instead of making the product it'll be the old fashioned way the way we used to do it. We made our own product. And I think things are going along pretty well there, but a large group delegation headed by one of the most respected men. Highest officials have China will be coming in today. They start at five o'clock, and they'll see what they can do. But our alternative is is an excellent one. It's an alternative outspoken about for years. We'll take in well over one hundred billion dollars a year, we never took in ten cents from John nut ten cents. And it'll be a I think it'll be a very strong day, frankly, but we'll see it was their idea to come back. I just wrote me a beautiful letter. I just received it and I'll probably speak to him by phone. But look we have two great alternatives. Our country is doing fantastically. Well, our numbers at three point two. Don't forget three point to the first quarter is always by far the worst quarter, or at least almost always you look back over the years. First quarter is always weekend. We had three point two GDP. Our unemployment numbers of the best in the history of our country. And we're doing well companies are really doing well, even in Ohio the great state of Ohio yesterday General Motors at my verse stronger jink to put it mildly, very stronger. I wasn't even nice about it. But what they did. They sold the the beautiful plant Lordstown. They sold that beautiful plant to very very good company that's gonna make electric trucks and that work because I was the only thing they could say about our whole economy Lordstown, they kept saying Lord style Lord staff, and when you had all of these great companies spending, billions and billions of dollars coming into our country. They couldn't talk about it that only mentioned the one plant. That was a GM plant from a very long time ago. And now, we have a great company going and going to make electric trucks, very appropriate. Those remarks by the president earlier today at the White House and joining us on the phone here in Washington is Bob Davis. He is senior editor for the Wall Street Journal, and can you walk us through specifically the issues on the table between the United States and China? Well, you know, now there's one big issue one big issue. And that is whether the US will go ahead and raise tariffs on Chinese goods, two hundred dollars of Chinese goods. From ten percent to twenty five percent. That is the issue that is dwarfed all the substantive issues that have come before it from China's point of view. These tariffs go into effect. They'll you know, they'll be forced to retaliate if they do that. We're down further down a rabbit hole. This could really create a trade war between the two leading economies of the world. We've been on the edge of a trade war. This is like in trae terms, like high noon, I mean, this is about as as fraud a moment as you get in trade negotiations. So how did they resolve this? Well, one or two ways the Chinese come with concessions that the US considers to be significant enough to either hold off the tariffs or to keep your tariffs in place for a period of time while they work out work out a deal and get back to this substantive issues that divide the nation's or you know, it doesn't work out. I mean that, you know, the tariffs go in and we're in for a long period of. Very. Very problematic economic news. And yet these are terrorists that obviously American consumers would see and feel every day the president often mentions the stock market and we've seen some wild moves over the last couple of days because of the uncertainties so where does that put the president? Well, president is a guy who believes in tariffs he calls himself tariff. Man, I think that is actually the way he thinks about things. I think if the market I think the markets had Sumed has had many other people that we were on the road to a deal if it becomes if the talks fell apart and the tariffs are put in place in look like me and place for for a long period of time. I would imagine the Mark through react very negatively. And then we'll take a look and see how much saying power the president has the face of you know, falling stock market. We're talking with Bob Davis is senior editor for the Wall Street Journal does this potentially have any impact on inflation. Positively probably not. I mean, you know, so we're talking about. Increasing tariffs on two hundred billion dollars of goods from ten percent to twenty five percent. The types of goods that we're talking about on. For the most part aren't the sort of things you see him WalMart. I mean, they're they tend to be electron of components mechanical parts, you know, things that go into other things. So yeah, I mean, they'll go up, but it'll be hard on a machinery on a piece of machinery to tell. You know, how much of that is from tariff on the other hand if the president the president is increasing threats today, and he's said that they're starting the process of of imposing tariffs on three hundred and twenty five billion dollars worth of goods that so far haven't been subject to tariffs. And those are the things that Americans buy all the time in WalMart and other stores, like I phones and cell phones and clothing there, you, you know, I don't know if it's a big enough impact to to affect the consumer price index overall, but you'll see it. I mean, if you're consumer you'll notice it if if the price of an iphone goes up twenty. Because of a tariff that's not something you're gonna miss and to key players on the US side. The Treasury Secretary Steve Mnuchin part of these negotiations into the evening, and Robert lighthizer who is the presence top trade negotiator. What can you tell us about these two individuals the point men as it might be in terms of trade with China? Well, I mean, they they have very different outlooks in represent very different constituencies. So lighthizer the trade Representative is is a longtime China Hawke who largely wanted the USC our job. So he kid finally get a chance to take on China. And try to write what he felt were the wrong that China was committing economically. He pushes his heart as he can harder. I would say the president for a tough deal that would fundamentally change Chinese economic policies. The Treasury Secretary has a different portfolio. I mean, he is portfolio is keeping the US economy. How many long in the global economy, you know, with as few problems as as it can have. So he's been pushing much more for a deal. He is kind of the dove in the you know in this bifurcated world while. Lighthizer hawk one thing to note is that the Chinese trade on voyeur guy named Lou her is meeting today having dinner tonight only would lighthizer not with Mnuchin, which is different than the way. It's been in the past Bob Davis, senior editor for the Wall Street Journal, his work in those of his colleagues available and wsJcom. Thanks for being with us this evening. We appreciate it. Thank you. The markets were all over the place today at the final bell, the Dow losing one hundred and thirty nine points. The NASDAQ was down thirty three the off by nearly nine points. Meanwhile, Federal Reserve chair Jerome Powell says the US needs to find a way to address a decades long slowdown in income growth and upward economic mobility and his speech at a said research council Jerome Powell saying that incomes have grown more slowly for middle class families since the nineteen seventies than for higher income households. He says, quote, it is crucial to address those concerns one day after the House Judiciary committee voting to hold of the attorney general in contempt of congress. The president is leading up to the Torney general Bill bar to decide whether a special counsel Robert Muller can testify before congress onto the Russia investigation. His comments viewed as a reversal of sorts since over the weekend, the president on Twitter writing that Mr. Muller should not be allowed to appear before congress and in Senate testimony. The attorney general told. Lawmakers that he had no objection to letting Mr. Muller talk to them. Here's more with President Trump. Allow testify. Well, I'm going to leave that.

president China United States President Trump Wall Street Journal Bob Davis senior editor Washington White House Beijing Xi Jinping WalMart Ohio Robert Muller congress General Motors John nut
"china hawke" Discussed on 860AM The Answer

860AM The Answer

09:19 min | 2 years ago

"china hawke" Discussed on 860AM The Answer

"Trip to California, it was raining there. It's cold here. But Margaret Brennan had this day the hallway here and she'll be on Sunday on face the nation facing a a smorgasbord of stories Polera on Twitter at Margaret Brennan. Margaret, welcome happy thanksgiving after to you what what's going to be the lead story for you. Are you going to cover this signing ceremony? US MCA, cover Ukrainian uncovered China. Or are you going to go to the president's legal trouble all of that? Because the g twenty will the ongoing by the time we get to Sunday in this kind of new to cycle, you can only get with the lead will be. But really, I think one of the most consequential for the United States long-term, we'll be this meaning with season paying. The Chinese president to talk about the escalating trade war between the world's two largest economies. Can they actually have any kind of breakthrough when they sit down and have dinner that will be know significant in many ways, if if they can come to an agreement for a large part of this country, particularly farmers who have been hit by these agricultural tariffs in relations on the back of that the that and Muller the lead story at politico. This morning is the China Hawke who captured Trump's quote, very, very, large brain. It's about Washington veteran. Michael, Michael Pillsbury, who is very very tough on the PR see as many people that I know when the national Security Council world at the State Department, they're all very realistic, the PR, she is not our friend. It's our peer competitor. And even if you get a deal on trade, they're going to break. I mean, I just I wouldn't trust them at all. I don't trust them. Margaret Brennan, I don't know you're going to have on to talk about g Jingping. But I hope it's a realist. No, we will be talking in some real terms about the concerns regarding you know, intellectual property theft. All those things that are at the heart of this disagreement. You're talking about that important military aspect here. You know, China were beyond rising power. They are a power now. And that is something we will be talking to on the on the heck topic. We will have Senator Mark Warner of Virginia on he he feels passionately about that. There are a number of Democrats and Republicans who say look they want side with the president in terms of taking a hard line against China on trade, but they are so uncomfortable about the divisions with allies that he has shown perhaps the defining of this new NAFTA deal today, the symbolic one that is being held in Argentina that that alliance on trade with Mexico and Canada can in some ways administration's position sharpen their edge over time. China with that negotiation, but remains to be seen. There is so much that still needs to be done. And as you say there are plenty of distractions including what's happening on the legal front for the president. I'll come back to special counsel Muller in a second into the astonishing fact that the president has nominated attorney general yet, I can't believe that actually Margaret and the White House counsel sip baloney is not in place. And so they're he's walking into a storm with many fronts without an AG and their guys out there like litigation sip baloney has been named. He's not just astonishes me. But let's start with the Senate dysfunction. Mike Lee and sparked it up yesterday over this first step back, which has got some huge fatal flaws in it about who's eligible for early release including Fenton all dealers. You've got Jeff flake holding six appeals court justices hostage in the dish Sherry committee and a funding deadline. Do you expect the Senate to end up walking away with wreckage and Mitch? Thing. I have a much better Senate come January fifth. Wow. Well, definitely will be on the show. So we're gonna talk about whether he truly is going to try to hold hostage judges that you just laid out in order to get this vote to protect the special counsel. You know, you don't seem to have the support Estill of other skeptical Republicans, including Mitch McConnell said, you know, this is this is a dispute about nothing because they doesn't believe the president really will fire Robert Mueller. I does that does that proposal actually go anywhere. Or is this just an an argument over principle. What can actually happen in this lame duck? I mean, the other thing that we have to look at in these next few weeks is that December seven th deadline in terms of funding to keep the government open. What's actually going to get done? What's going to get kicked into the new congress is a very fair question. I mean, I think it's also worth asking whether this new free trade deal with Mexico and Canada is going to end up looking like what they're signing today because you have Democrats out there, including Senator Elizabeth Warren, and others, you say, wait a second this NAFTA to is not good enough for me. And I'm not going to sign off on on this. When it comes forward in the new congress in twenty. Margaret Jeff flake, and this is background. I can't pain for him in Arizona six years ago. I've appeared with him often in Arizona, I've hosted him on this show on my television show. I've defended him repeatedly this is such a cruel stunt. He's engaged in a vindictive punishment of innocent nominees because he wants a show vote on a doomed Bill it's going to be his legacy. And I actually think you'll be able to track people turning off face the nation. The moment he shows up. I don't political editor story yesterday on how GOP modes on flake. It ain't just the senators that are mad at him. It's the whole that's why we elected Republicans with for judges. And he wants a show vote on a Bill that will never become law and get signed by the president. If it did it's unconstitutional. It's absolutely vanity valley varity and cruel. Well, I know Mike Lee agrees view that he believes it's unconstitutional, obviously, Jeff flake, and a number of Democrats as well believe that it's necessary, particularly given this new development that we've seen with Michael Cohen, the president's personal attorney now saying, oh, yes, I did lie to congress to help keep our messaging consistent with this unnamed individual in court papers believed to be the president. And that in fact, he had financial interests in building a better relationship with Russia at the same time. He was running for president. So as every little driven drab of this legal case comes forward. Does it increase the need for this legislation? But you're right. It has looked doomed from the start when it comes to actual pass. Oh, I wanted to have a vote. I really do. I got mad Mike Lee on the area today. He deserves a vote. But I think he is his legacy is going to be screwing around with six people's lives who ought to be appeals court nominees. Just because showboating Margaret Brennan, we'll be watching you Sunday on face the nation, at least until. Jeff shows up. But then I think you might hear a click. Click click across the country. Thank you for joining me. I want to thank everyone is well who's donating the Salvation Army over at hughhewitt dot com. I greatly. Appreciate that. I also wanna remind you that the perfect Christmas present is an amac membership for anyone who's over fifty in your life. Amax stands up for the values that have made American great faith, family and freedom. And the sanctity of the constitution constitutionalism is. In fact, the subject that they call them in the Washington Post today by the late Charles Krauthammer. Daniel Krauthammer will be my guests next week included a speech from hillsdale and his new book. Of his father's essays and speeches about constitutionalism and amac supports constitutionalism. Yeah. They address healthcare reform immigration border protection. They want to reduce prescription drug costs all that. But what they really do is stand for the constitution. Which is why out have an amac card. Not an AARP card in your wallet. Get one for sixteen bucks or you can get you can enroll any senior in your life. They'll get Amax advantage magazine. They'll get traveled discounts. They'll get restaurant discounts. They will get a wide array of insurance supplements available to them. But you gotta join amac to get the benefits and you can enroll your mom your dad. Your grandma your grandpa your uncles. Your aunts your buddy at work get into amac. And they won't we just get them. Started A M A, C dot US. Amac dot US. I mentioned they fight on drug pricing. Good drug pricing is out of control the United States as anybody knows who has been to any pharmacy to get anything that isn't a generic. It's skyrocketing Americans spend forty percent more on prescription drugs than Canadians do and our medication. And prescription drug costs keep rising. That's because big pharma spends so much money on lobbying over one hundred seventy one million dollars worth of influence, according to Franklin's, it is time once and for all to put patients they had a prophets citizens for truth in drug pricing is a sponsor of this program. I welcome aboard. Because I believe in transparency, I want drug prices to be widely everywhere advertised to be completely transparent to be available to every consumer to be able to know what you're paying for and for Americans to figure out what in the world. Are they doing what the drug prices big farmers had a cozy relationship with the Democrats for a long time? They also had a cozy relationship, but the Republicans for a long time, it was President Obama academy a sweetheart deal during ObamaCare, but now it's time to bring them up and bring them into the real world of competition. President Trump on the way to the helicopter yesterday talking about what can happen when he meets was using ping in Argenta. Tina cut number one. You can watch this at hughhewitt dot com..

president Margaret Brennan Jeff flake China President Trump Mike Lee Senate United States congress Muller special counsel President Obama California politico Twitter Senator Mark Warner Arizona Canada
"china hawke" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:56 min | 2 years ago

"china hawke" Discussed on Bloomberg Radio New York

"Bank of america shares were higher in late trade after passing this round of stress test with flying colors at announcing a buyback and a dividend high hike deutsche bank failed the first public stress test of its combined us business and of course china's a is torture bank's biggest shareholder so juliet trade dispute trade spat to trade war let's talk a little bit more about that right now white house adviser peter navarro appears to be toning down the trade rhetoric on china in a sense and we get more on this story from bloomberg's denise pellegrini navarro is known as a china hawke who favors a harsher approach with beijing on trade but speaking in washington he now says president trump has made it clear he's a free trader and all the president is trying to do is level the playing field navarro does say china's steals technology enforces technology transfers and he also says his office has a swat team us companies can reach out to with specific problems but his new report how china's economic aggression threatens the technologies and intellectual property of the us and the world also says deep structural changes to china's economy will allow us companies to compete more fairly denise pellegrini bloomberg daybreak asia all right well a gunman opened fire at a newspaper in annapolis maryland killing five people at baxter is covering all the global news in our bloomberg nine sixty san francisco newsroom ed right juliet and they're still trying to figure this one out five people losing their lives have been injured suspect is in custody maryland senator ben cardin says it really is hard to understand this is a newspaper which is a local paper it's not a controversial editorial policy it covers local news and deputy police chief william cramp says it was a targeted attack i can't confirm whether or not he actually new employees there or if he just targeted to business in general he says there are threats of internet internet threats and they're tracking those down now the capital gazette building has been secured although authorities say they they found what they believed to be an explosive device china's strongly protesting australia's brand new national security legislation it advance covert foreign interference in domestic politics it mandates foreign and governments registered to provide more transparency it also makes industrial espionage crime china says it poisons china australia relations children removed from their families and placed an institutional care are at greater risk of being trafficked that from a state department report us which ranks governments in efforts to combat slavery and flesh trade around the world it leads the trump administration open for accusations of apocryphal and light of its zero tolerance policy at the southern border secretary of state mike pompeo human traffic is a global problem but it's a local one to huma traffic can be found in a favorite restaurant hotel downtown of farm earn their neighbors home.

Bank of america
As trade war erupts, China puts brakes on its global domination dream

Programming

02:56 min | 2 years ago

As trade war erupts, China puts brakes on its global domination dream

"Bank of america shares were higher in late trade after passing this round of stress test with flying colors at announcing a buyback and a dividend high hike deutsche bank failed the first public stress test of its combined us business and of course china's a is torture bank's biggest shareholder so juliet trade dispute trade spat to trade war let's talk a little bit more about that right now white house adviser peter navarro appears to be toning down the trade rhetoric on china in a sense and we get more on this story from bloomberg's denise pellegrini navarro is known as a china hawke who favors a harsher approach with beijing on trade but speaking in washington he now says president trump has made it clear he's a free trader and all the president is trying to do is level the playing field navarro does say china's steals technology enforces technology transfers and he also says his office has a swat team us companies can reach out to with specific problems but his new report how china's economic aggression threatens the technologies and intellectual property of the us and the world also says deep structural changes to china's economy will allow us companies to compete more fairly denise pellegrini bloomberg daybreak asia all right well a gunman opened fire at a newspaper in annapolis maryland killing five people at baxter is covering all the global news in our bloomberg nine sixty san francisco newsroom ed right juliet and they're still trying to figure this one out five people losing their lives have been injured suspect is in custody maryland senator ben cardin says it really is hard to understand this is a newspaper which is a local paper it's not a controversial editorial policy it covers local news and deputy police chief william cramp says it was a targeted attack i can't confirm whether or not he actually new employees there or if he just targeted to business in general he says there are threats of internet internet threats and they're tracking those down now the capital gazette building has been secured although authorities say they they found what they believed to be an explosive device china's strongly protesting australia's brand new national security legislation it advance covert foreign interference in domestic politics it mandates foreign and governments registered to provide more transparency it also makes industrial espionage crime china says it poisons china australia relations children removed from their families and placed an institutional care are at greater risk of being trafficked that from a state department report us which ranks governments in efforts to combat slavery and flesh trade around the world it leads the trump administration open for accusations of apocryphal and light of its zero tolerance policy at the southern border secretary of state mike pompeo human traffic is a global problem but it's a local one to huma traffic can be found in a favorite restaurant hotel downtown of farm earn their neighbors home.

Bank Of America
"china hawke" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:27 min | 2 years ago

"china hawke" Discussed on Bloomberg Radio New York

"Bank and a keycorp winberg's laura j callous as it sounds bad but the banks are still on solid ground this is really only affects their capital pale plans so these banks are still very well capitalized it's just the amount that they're allowed to skim off the top and actually give to the shareholders the fed wants to have that minimum number of capital that's there the quickey that the banks can use in terms of whether a crisis abba comes goldman and morgan stanley still announcing buybacks and boosting dividends j p morgan is still boosting its dividend and bank of america shares higher in late trading after passing this round of stress tests with flying colors as announced to buy back and a dividend hike deutsche bank though failed the fist public stress tests of its combined us business china's h and i go issue banks biggest sheldon nike shares are up nine percent in late trading the sneaker company reported its first north american sales gains since two thousand seventeen limburg's matt townsend says investors like the way nike has moved to address its problems mixture of sort of just quitting inventory and pairing down some of the distribution to focus on the most profitable ones nike has also come out with some good news about china quarterly sales there jumped thirty five percent of course we have been tracking developments on xiaomi and haret's ib oakland's going and we've got more from bloomberg's yvonne man institutional investors are focusing their orders for the smartphone makers ipo in the lower half of the marketed range still the ipo's arrangers say bookings for this massive ipo in hong kong continued to be oversubscribed and the company is making meaningful progress from global long only subscribers meantime more details coming in on what went wrong with plans for its mainland listing we're being told stubborn regulators and lack of clarity from the central government made it to challenging for shall means timeline the regulators are said to be worried the depositary receipts were be priced too high meaning individual investors could get wiped out if things went south in hong kong i'm yvonne man bloomberg daybreak asia to trade war is now white house adviser peter navarro appears to be toning down the trade rhetoric on china sort of more on that from bloomberg's denise pellegrini navarro is known as a china hawke who favors a harsher approach with beijing on trade but speaking in washington he now says president trump has made it clear he's a free trader and all the president is trying to do is level the playing field navarro does say china's steals technology enforces technology transfers and also says his office has a swat team us companies can reach out to with specific problems but his new report how china's economic aggression threatens the technologies and intellectual property of the us and the world also says deep structural changes to china's economy will allow us companies to compete more fairly denise pellegrini bloomberg daybreak asia well gunman i've been fi at newspaper in annapolis maryland killing five people at baxter's got global news in our bloomberg nine sixty san francisco newsroom yeah fall right to five people lost their lives others have been injured suspect in custody maryland senator ben cardin says it is very very hard to understand this is a newspaper which is a local paper is not a controversial editorial policy it covers local news capital gazette building has been secured although now saying that they also found what they believed to be an explosive device the white house has responded sarah sanders spokeswoman saying strongly condemned the attack on innocent journalists china's strongly protesting australia's brand new national security legislation bans covert foreign interference in domestic politics it mandates foreign governments registered to provide more transparency it also makes industrial espionage crime china says it poisons china australia relations children moved from their families and placed an institutional care are at greater risk of being trafficked that is from a state department report which ranks governments in the efforts to combat slavery and flesh trade it leaves the trump administration open for accusations of apocryphal in light of its zero tolerance policy at the southern border secretary of state mike pompeo human traffic is a global problem but it's a local.

thirty five percent nine percent
Chinese Smartphone Maker Xiaomi's Monster IPO Wasn't As Monstrous As People Expected

Bloomberg Daybreak: Asia

04:27 min | 2 years ago

Chinese Smartphone Maker Xiaomi's Monster IPO Wasn't As Monstrous As People Expected

"Bank and a keycorp winberg's laura j callous as it sounds bad but the banks are still on solid ground this is really only affects their capital pale plans so these banks are still very well capitalized it's just the amount that they're allowed to skim off the top and actually give to the shareholders the fed wants to have that minimum number of capital that's there the quickey that the banks can use in terms of whether a crisis abba comes goldman and morgan stanley still announcing buybacks and boosting dividends j p morgan is still boosting its dividend and bank of america shares higher in late trading after passing this round of stress tests with flying colors as announced to buy back and a dividend hike deutsche bank though failed the fist public stress tests of its combined us business china's h and i go issue banks biggest sheldon nike shares are up nine percent in late trading the sneaker company reported its first north american sales gains since two thousand seventeen limburg's matt townsend says investors like the way nike has moved to address its problems mixture of sort of just quitting inventory and pairing down some of the distribution to focus on the most profitable ones nike has also come out with some good news about china quarterly sales there jumped thirty five percent of course we have been tracking developments on xiaomi and haret's ib oakland's going and we've got more from bloomberg's yvonne man institutional investors are focusing their orders for the smartphone makers ipo in the lower half of the marketed range still the ipo's arrangers say bookings for this massive ipo in hong kong continued to be oversubscribed and the company is making meaningful progress from global long only subscribers meantime more details coming in on what went wrong with plans for its mainland listing we're being told stubborn regulators and lack of clarity from the central government made it to challenging for shall means timeline the regulators are said to be worried the depositary receipts were be priced too high meaning individual investors could get wiped out if things went south in hong kong i'm yvonne man bloomberg daybreak asia to trade war is now white house adviser peter navarro appears to be toning down the trade rhetoric on china sort of more on that from bloomberg's denise pellegrini navarro is known as a china hawke who favors a harsher approach with beijing on trade but speaking in washington he now says president trump has made it clear he's a free trader and all the president is trying to do is level the playing field navarro does say china's steals technology enforces technology transfers and also says his office has a swat team us companies can reach out to with specific problems but his new report how china's economic aggression threatens the technologies and intellectual property of the us and the world also says deep structural changes to china's economy will allow us companies to compete more fairly denise pellegrini bloomberg daybreak asia well gunman i've been fi at newspaper in annapolis maryland killing five people at baxter's got global news in our bloomberg nine sixty san francisco newsroom yeah fall right to five people lost their lives others have been injured suspect in custody maryland senator ben cardin says it is very very hard to understand this is a newspaper which is a local paper is not a controversial editorial policy it covers local news capital gazette building has been secured although now saying that they also found what they believed to be an explosive device the white house has responded sarah sanders spokeswoman saying strongly condemned the attack on innocent journalists china's strongly protesting australia's brand new national security legislation bans covert foreign interference in domestic politics it mandates foreign governments registered to provide more transparency it also makes industrial espionage crime china says it poisons china australia relations children moved from their families and placed an institutional care are at greater risk of being trafficked that is from a state department report which ranks governments in the efforts to combat slavery and flesh trade it leaves the trump administration open for accusations of apocryphal in light of its zero tolerance policy at the southern border secretary of state mike pompeo human traffic is a global problem but it's a local.

Thirty Five Percent Nine Percent