35 Burst results for "TPP"
Trump arrives in Japan for trade talks
"President Trump is preparing to tackle trade talks about other issues with the Japanese Prime minister on day two of his state visit to Japan, CBS news, White House correspondent, we Jiang says the president is hoping to make a deal on auto tariffs trying to come to a bilateral trade agreement with Japan after pulling out of the TPP, and there's been a little bit of a struggle there. He has threatened. You. Lap. Japan with tariffs on foreign cars. And of course, you know, we import a lot of cars from Japan which would be a hardship for prime minister obey and the country.
China Trade Talks Shaped By President Trump's Divided Advisers
"Trade Representative Robert lighthizer and Treasury Secretary Steve Mnuchin confirmed that those tariffs will take affect this Friday, if the Chinese backtrack from trade commitments, although the White House appears to be a United front in this moment NPR and the PBS show frontline found that top administration officials spent more than a year deeply divided on this issue top advisors fought bitterly over over. Whether tariffs would help the US economy or devastated, here's NPR's. Laura Sullivan, Steve Bannon, President Trump's former chief strategist I met the president in two thousand ten while get invited up to a meeting by getting day Vaasie. Says Donald Trump wants to meet and talk about running for president. And I said what country but a few days later. Bannon went and found he and Trump had something important in common shared belief that China pose a grave danger to the United States that he didn't know details he knew almost no policy, but what I found. Most extraordinary was when we got to the section on China, which kind of threw out there of a two hour meeting almost thirty minutes or more was all about China. Trump has railed against China and the US trade deficit for more than two decades. In television, interviews, he said tariffs would revive manufacturing jobs by the time. He hit the campaign trail Trump had found his audience, we can't continue to allow China to rape our country. And that's what they're doing in watched from the back when he started talking about trade. He started talking about China these working class people lean forward. No, other Republican talk like this. When Trump was elected. He assembled a team of advisers to focus on China pulling in people like Gary Cohn from gold. And sacks a hawkish economists named Peter Navarro his US Trade Representative Robert lighthizer an army general H, R McMaster who became his national security adviser. But this group of advisers quickly splintered deadlocked over whether tariffs would bring China to heal or send the world's two largest economies into turmoil. They broke into two camps the globalist versus the nationalists. Gary Cohn was Trump's top economic advisor, we agreed on what the fundamental issue was we agreed that the force technology transfer the lack of market access. The copyright infringements was all a huge problem would I think we have different methodologies on is power. We were going to solve that problem. Cohn was a globalist. He and others like HR McMaster believed. Heavy tariffs would hurt the country that the Chinese products Americans by will become more expensive business growth would slow. They wanted to partner with other countries to. Confront China with our full alliances nationalist like Steve Bannon and Peter Navarro the economists wanted to us tariffs to force China to the table to end longstanding issues of theft and unfair practices. They believed higher prices on Chinese goods would protect US jobs and bring back manufacturing. Bannon says there was little middle ground. If you take all the other nastiness on the things like the Paris accord and TPP rolling up and put it to the factor. Ten they don't compare to these weekly nasty trade makes there was a blob in the Oval Office Peter pulls at one of his charts, which the president loves next thing. You know, we have this big blow we have to exit and go back into the Roosevelt room Gary Cohn remembers it, well, he says Bannon Navarra were not bringing actual data to the meetings from time to time there were people that try to use unfort- noted undocumented facts cone says there were a lot of pictures and infographics whiteboard with giant pie charts. That's my job to get rid of the undocumented on foot noted facts. And make sure that those don't enter the Oval Office talking about Peter Navarro's charts. Yes, I'm talking about Peter Navarro's charts Navarro declined NPR's request for an interview HR McMaster said everyone in the room was concerned from the beginning about the economic threat China posed potential between the two men is clearly still high the prisoners is were wide open. And so were all the members of his cabinet all of you universally felt that China was a threat in a problem. That's correct. That's total incomplete lie. Bannon says he McMaster were never on the same page. I fought that guy every day. I don't wanna hear his nonsense now that he realizes he was on the wrong side of the history. If he said that he's a stone cold liar by the end of two thousand seventeen the discord was seeping well outside the White House. Susan Thornton was acting assistant secretary of state for East, Asian and Pacific affairs and served under ten secretaries. She said it was one of the most difficult assignments of her career trying to present a strong unified front to the Chinese you. Can't have this team. That's fighting with it self. That's a big disadvantage for us. Frankly, do think China was aware that there were different sides arguing yes, they were having fights in front of the Chinese delegation, which is like the cardinal sin of negotiating makes it look like your delegation doesn't know what it's doing. And that the leader of the delegation doesn't have sufficient authority to negotiate. Bannon says it doesn't matter if the Chinese new top officials were at odds he intended to win we came loaded. The most intense fights and debates in the White House were about this issue of terrorist. But tariffs as a proxy to the great economic war China that we're engaging for Bannon Navarro, and the nationalist it paid off in March two thousand eighteen Trump called stealing aluminum executives from around the country to the White House. We have with us the biggest deal companies in the finance tariffs on steel. Dylan, aluminum and six months later imposed additional tariffs on two hundred billion and Chinese goods cone accepted defeat. Did I feel like I had represented the non-tariff side of the equation for many people in the White House that didn't want terrorists. Well, I did. I felt like I give it my best effort, but he says, the White House globalist aren't the only ones who lost who I think lost was the United States consumer someone's paying terrif- whoever's paying the tariff is the looser for every dollar of tariff. It's collected. It's coming out of disposable income of the United States. Consumer today cone left the White House less than a week after the steel meeting and in the weeks and months that followed HR McMaster left his job, Susan Thornton left, her post at the State Department, and Steve Bannon had already resigned, but the administration is forging ahead with the nationalist agenda. Economists say it's too soon to know the impact of the tariffs. But they haven't lowered the trade. Deficit as Trump wanted in March the deficit with China was at a record high. Bannon says those are narrow outcomes he and the other nationalists are thinking bigger, I think the goal into China's quite simply to break the back of this totalitarian mercantilist economic society. So it's definitely us versus them. And I don't think is a doubt about that. Cone says that goal could turn an economic problem into something even more serious China is a superpower China has one point four billion people. That's a fact if we really become isolationist than China becomes 'isolation est. That seems to me like you're trying to set up a conflict trade talks are expected to continue this
Trump delays increase in Chinese tariffs
"First another day of reckoning in the US China trade war today was supposed to be the deadline for China to shape up if not the Trump administration would increase tariffs on more than six thousand types of Chinese imports. But President Trump is backing off. He's delayed new round of tariffs and says, quote substantial progress is being made in negotiations with China. Here's more from the world's Jason Margolis, the art of the deal again, or maybe not this time not with China says, economists, Derrick scissors, the idea that we're going to get the greatest deal ever, the greatest you'll ever is not going to pan out and it's going to blow up in his face. Meaning if Trump runs for president in two thousand twenty he'll have some explaining to do and a democratic candidate will be quoting candidate Trump in two thousand sixteen over and over again about how China's He actually said the words they're raping our country. We can't continue to allow China to rape our country, and that's what they're doing. And then. On sunday. He said we had the best relationship we've ever had China. It's very difficult to see how things have changed in the last two years or two and scissors focuses on the Chinese economy at the American Enterprise Institute, a conservative think tank in Washington, he just doesn't see what the Trump administration has been able to get from the Chinese that other administrations haven't, for example, one major sticking point in US. China relations has been the forced transfer of technology where American companies hand over intellectual property in order to do business in China. Trump has said that's coming to an end, the Chinese, of course, have said, they've never course technology transfer. It's all voluntary. So them writing a law that says course, technology transfer. It doesn't do anything with the issue after issue. The Chinese are making the same old promises. He says as they have many times in the past. We have known for some mechanism as we have not had in the past. And none of those promises are gonna come to fruition. But let's say President Trump does turn out to be the master negotiator. He says he is can you turn the ship around for decades? U S China trade has worked this way. China builds it we buy it. It's hard to imagine all of this being resolved right away, economists, Katie Russ at the university of California Davis says if Trump really wanted to put pressure on China, if you want to have the quickest results, then joined TPP, the trans Pacific partnership that twelve nation trade agreement brokered by President Obama, Russ says, it would have shifted trade away from China to other countries that maybe we feel more. Close strategic alliances with but President Trump withdrew from that seventy two hours into his presidency and said the US would pursue bilateral trade agreements. Instead, of course, Trump wasn't the only one opposed to the TPP labor unions, and many Democrats worried that it could cost American jobs so back to China. Trump needs a deal a few days ago. He said talks are going very well and highlighted China's commitment to buy American corn corn, but a lot of it more than anyone thought possible. Welcome news in Illinois, the nation's second leading corn producer. I asked senior economist Mike Dougherty with the Illinois farm bureau, if he had any details on Trump's corn plan, we don't and it's being treated as well. It's possible. But we'll wait and see it protects happen. Illinois is also the nation's top soya producer, China is number one export market. But this season's export has been a bust in retaliation for Trump's tariffs last summer. China slap tariffs on US. Soybeans of that crop were about forty percent under where we normally would be at internal sales to China. Dorothy says more corn sales to China won't offset this. They don't sell much corn there. Many farmers do like Trump's overall economic policies, lower taxes fewer regulations still when it comes to trade. I asked dirty if Illinois farmers still believed in the president's message. We're not sure what exactly what that message is. What are we talking about in terms of long term payoff? I mean, we were a number one number two supplier out of the world to the Chinese market for supplying their soybeans. We could just get back to that. I think most of the farmers here would be pretty happy for the world. I'm Jason
Trump says 'big progress' on possible China trade deal
"Those concerns for American farmers come as many are already struggling with the effects of the ongoing trade dispute with China additional tariff hikes are on hold for now. And President Trump tweeted over the weekend that a deal with China was quote moving along very well, multiple rounds of tariffs encountered tariffs have roiled markets at various points throughout the year. And trade is likely to remain a big issue in the global economy in twenty nineteen for a look ahead and look back. I'm joined by Julia Coronado, founder of macro policy perspectives. And Juliet how did the markets perform overall this year, the stock market looks like it's going to end down for the year, probably single digits for the F O T five hundred global stock markets, fared a lot worse. So if you're looking at European markets or especially Chinese stock markets you're talking about. Double digit declines for the Shanghai stock market twenty five percent decline. It was a really tough year to make money in the market. Yeah. I mean, I think there's a combination globally of a slower growth and people were intimidating at the start of the year. And the trade wars certainly hasn't helped the concern about the D globalization and escalating tensions isn't good environment for risk taking. So what does all of this year in volatility set us up for in two thousand nineteen? Well, we'll see has the market corrected enough are valuations fair in investors minds. We always see lots of volatility around urine. Because a lot of people go home and take vacations. Everybody's going to be back at their screens reevaluating the world by the end of this week. We will see what the consensus brings in terms of whether we've gone far enough whether the world looks optimistic or whether we think there's clouds gathering on the horizon. Julia Coronado is. Founder of macropolicy perspectives. Thank you. My pleasure.
"tpp" Discussed on WAFS Biz 1190
"Trade deal should replace the horrible NAFTA deal that drained our country of jobs and companies so Carol is a long road. Could this new trade deal among the United States, Canada, and Mexico, lots of twists and turns? But we do have the US MCA, right? It's got some NAFTA. It's got some TPP, investors and members of corporate America. Jason they seem to like the deal was finally done. But it's complicated. And let's not forget congress last sign off very good point. We got more about this from Christina Lindblad. I call it. The most obvious manifestation of America first because it's now called the US Mexico Canada agreement. So I think I a and just saw that the why phrase so what about the details though because some people have now. Point of it. TPP throwing which is ironic, of course. 'cause TPP was the agreement that Trump jettison bright, and and that's important Baxter. I think so TPP became really quite a contentious piece of the campaign on both sides you essentially had both candidates Clinton. Essentially disavowing this. Pretty central piece of trade policy for the Obama administration. So how did that creep its way back into this agreement? Well, I mean, I think the reality is that NAFTA was an agreement that was crafted in nineteen ninety four that's kind of ancient history at this point. And the TPP has elements in it that reflect that what the U S and other economies are today's. So it included stiffer protections for intellectual property there are things about data that now are to be should be included in in trade agreements, so reflected kind of more serve how the pollution of economies and industries has has come to. And we should remind people the TPP the Trans-Pacific Partnership. It was one of the first things that the Trump administration did was essentially pull out of there is for the enough is ISIS I act so that was that was seen largely as a counterweight to China's power economic power. So yeah, I mean. Restaurant has spent a lot of time trying to put that together. So so yeah. So this New Mexico agreement doesn't cooperate parts of that notably with Canada, and the and the dairy trade that was a matter of contention and after negotiations, and so now American farmers will have some expanded access to the Canadian market, but in other regards, it does not make very radical changes. And in some it could it does make some changes that could disadvantage American companies speakers. Well, it's going to make the auto trade it's gonna add new layers of regulations to the shade through content requirements. So now they have a rule they have forty percent of the parts in a car have to come from North American factories where workers are making an average of sixteen dollars an hour. That is going to be difficult to implement our said the beginning. But it's also kind of unprecedented really for one country to try to legislate wages in another country and in Mexico. You know, the typical worker makes less than half of that. Wow. It's being different. So I mean, the theory is that. Okay. Jobs, and you know, plants and jobs will flow back to the US to Canada also from you know, from this. But it could not that may not happen. Instead automakers may decide to situate their plants outside of North American tired. And that's what that's what's key. If costs escalate their manufacturer, they're going to go to the low cost manufacturing area of the world. I mean, that's what we've seen. That's the trend that we've been seeing over the last few decades. Right. I mean, South America already has in Brazil an auto manufacturing powerhouse. So I mean and Kounose I mean companies may find countries near that they could put plants, and so that's that's the question. So clearly, politically the Trump administration is framing this as a massive win making good on a campaign promise. Economically. How would you characterize it for the US economy? I think they gained some more modest. I think overall American business is relieved to have an agreement. Right. Even if it's not the one that was initially billed, you know, what Trump wanted every day with investors right at the beginning of the week hardly valley. Yeah. There a lot of relief. People forget so US cut a deal with Mexico, and then was waiting in Canada that you have a deadline of Sunday to come in. And join the deal that's hugely important. I think Americans forget Canada is like the biggest trading partner at the US has bigger than Maxine traditionally an ally. So they squeaked in like right like hours before the deadline. And I said there was a big relief. Okay. We have an architecture still that looks pretty much like the old and that makes people comfortable, I think about campaign promises, right and President Trump Donald Trump candidate talked about redoing these trade deals, and so here maybe some would say he's got to win. But the backdrop of that was to revive communities and bring back jobs. A lot of folks say these trade agreements aren't going to bring back those communities in the United States that used to have manufacturing operations, but donating more like it's not going to change necessarily those communities are bring back those jobs that were lost as very unlikely. Because if automakers wanted to take advantage of Mexico's low wages, even without like, you know and said, okay, we don't care. There's this forty percent contract. We're going to start exporting cars to US and like eat. The tariffs. They may still save money. So that's that's one issue. Also agreements don't bestow benefits on everybody on one of the things that happen when when Trump was very kind of aggressive and his rhetoric about ripping up NAFTA. Is that farmers in the US said, well, what are you doing this? As has been a very powerful engine for export for US agricultural exports to Mexico, and you know, and you're going to just you know, thrown in the trash so so he did he was trying to spark a revolution bet. Like, then he got blow back from another part of the American American economy from from another. It's part. I mean, farmers and tremors. Have traditionally been part of his base. Right. So this, you know, so I think sort of political realities are reflected in some of the in the agreement at that. It's not as big a scope and is yet to the backing ever to Trumka AFL CIO. So know. Yeah. Through congress. Right. And it's still I mean, it's important to note that this still has to get through congress. There is another step still to go through congress after the midterms. And we don't know what congress look like. Christina. Thank you so much. Thanks. You're listening to Bloomberg BusinessWeek coming up and Cadillacs finally finally make a comeback. This is Bloomberg. Join parents and.
Mexico, Canada and Bloomberg discussed on WDRC
"That trump is considering splitting the nafta talks here's very seriously contemplating kind of a shift in nafta negotiations his preference now and he asked me to convey this is to actually negotiate with mexico and canada separately he prefers bilateral negotiations joining us from our bloomberg ninety nine to one studios in washington is andrew majeida bloomberg news global trade reporter andrew canada and mexico have said they're committed to keeping the nafta agreement a trilateral agreement but what's so what's the reaction from those countries to having bilateral talks i think that they would prefer not to go down that route this is an interesting change of strategy from the president until now he's been trying to negotiate a new deal with all three countries the president has expressed preference in the past for bilateral deals he thinks that the us is less likely to get a raw deal outweigh the problem is that canada and mexico there's not a lot of appetite right now i think for them to negotiate in that way the steel tariffs have really poison the well in a lot of ways and how would they be able to create a bilateral deal out of three nations like that it seems as though that would be near impossible to pull off well you know at some point you would simply withdraw from nafta what's interesting is that an excuse well what's interesting actually is that larry cudlow didn't say that the president is planning to withdraw i think that that's really the nuclear option that people are really worried about but how would it work the way it would work as you know candidate is the us would have separate negotiations with canada have separate negotiations with mexico this is actually similar to what the us did with respective japan because as you may recall president trump pulled out the tpp and then said he wanted to do bilateral negotiations with japan japan said well hold on a second we made concessions under tpp that we may not be willing to make again to the us bilaterally so i really don't think that this is going to be very warmly received in ottawa mexico city so andrew senator john cornyn said that the windows closed to get a deal passed in this congress how will pushing nafta talks into next year changed the dynamics of the negotiations.
"tpp" Discussed on KSFO-AM
"Well yes i mean i'm i'm involved in that i talked to our trade representative fairly frequently about it and talked to the president about this i i was of the opinion that original teepee and tpp and concept was right but the language was wrong it did not protect our ip correctly and so i think the president was right to raise questions about the original tpp structure it has changed in eleven countries have already moved into that we have fda's or free trade agreements with seven of those eleven what we don't have is a freetrade agreement with japan which is half the half the gdp volume of the tpp outside the united states about five trillion and the t the eleven countries have about eleven trillion what we're doing right now and i think this conversation between president trump and president day is that we're gonna leaner into a new round a new stage of conversations on a bilateral look i believe that trade representative white house right in the one sense that in a bilateral agreement you can get a better deal you can get a more seis deal on many different items but you gotta be very quick because the reason i like the tpp concept liz is that china right kneels reengaging to pull together a consortium of sixteen countries including many of the ones that we're including and tpp and with one band one road which is what china is doing to build economic ties with all of our allies and and other parts of the world this is a major threat to the united states trade policy and one that we need to take seriously well i think there's no question that president trump is taking it seriously i mean that's the good news i think that we are actually looking at some of these trade agreements skeptically and critically as opposed to just sort of kind of going along with the same procedures and agreements that have led to basically china flouting the will of a lot of consuming nations and the wto anyway we're gonna take a quick break and then when we come back i would love to talk to you about tax policy and how it is that you can be the only fortune five hundred ceo in congress that just shocks me we need more in other words anyway we're gonna take a quick break and then the.
"tpp" Discussed on Bloomberg Radio New York
"With japan it's anywhere from sixty nine billion dollars to one hundred billion dollars a year that's massive by these standpoint we are doing to thirty two on steel and aluminum and if we can come to an arrangement on a new deal between the united states and japan that would certainly be something we would discuss aluminum tariffs and steel tariffs and i would look forward to being able to at some point in the future take them off but right now we have a deficit that's a minimum of sixty nine billion dollars a year japan sends us millions and millions of cars and we tax them virtually not at all and we don't send so much product because we have trade barriers and lots of other things so these are the things that the prime minister and i are going to be discussing over the next short period of time the media has not covered the tpp correctly i don't wanna go back into tpp but if they offered us a deal then i can't refuse on behalf of the united states i would do it but i like bilateral better i think it's better for our country i think it's better for our workers and i much would prefer a bilateral deal a deal directly with japan we already have a deal with six of the eleven nations in the tpp so we already have trade deals and the others we can make very easily they're all calling wanted to make a deal but we think that's much better for us so unless they offer us a deal that we cannot reviews i would not go back into tpp we'll see what happens but in the meantime we're negotiating and what i really prefer is negotiating a one on one deal with japan and that's where we are right now and i will say that the representatives were sitting right here are extraordinarily competent and very tough those representing japan and we will hopefully in the the not too distant future have a very good deal good for japan and good for the united states thank you very much we appreciate it.
Tallahassee police raid apartment of Florida State Seminoles quarterback Deondre Francois, no arrest made
"Orlando sentinel florida state quarterback andre francois spent the last two months under surveillance by the tallahassee police department because someone convinced them he was selling weed oh boy because what everybody's gonna go back to the team it's winston thing and everybody's going to go back to all its jameis winston two point oh listen to this so after the tipster went to the tallahassee police department with their theory back in february there was a two month investigation by the tpp that they went through francois's garbage and they went through some stuff to see if he was selling we well apparently after they felt like they got enough of enough evidence to get a subpoena and go break in and searches apartment they found seventeen grams just over half an ounce and for those that don't know in states where lee weed is legal it's it's pretty normal for somebody to carry a full ounce per person that's the you know so it was less than that so they've got a little back back explaining to do i think the tipster set him up apparently the tallahassee police department was by some tipster somebody guaranteed it was a gator fan i was probably hurricane fan trying to get the andrea francois kicked off the team belt head coach willie taggart says he's still on the team but you know what it's not surprising that he's using smoking we because he's got that tendon tear could remember that he suffered the play in the alabama game took him down so hopefully he's recovering back in and i don't want to give to dictate or anything because you wanna stay off the weed i am with stephen smith on this stay off the we'd do not get addicted but apparently for people that are a massive pain it's an acceptable l a lot of people that get on that you know say it helps so i i'm not going to get into the we debate in my side of it you know what if it's very very small control amounts and it helps it you're okay but the sentinel article says after the cops figured out they had wasted their time they went.
Body ID'd as girl in SUV that went over California cliff
"News update someday i'm nikki medoro mendocino county authorities have identified the body of another missing member of the hart family they say a body recovered in the ocean ten days ago is that of twelve year old sierra heart sat officials use dna to identifier toxicology toxicology tests are pending she is the sixth of a family member found dead near the crash site to teens are still missing president trump is considering reversing one of his first acts as president correspondent bob costantini reports trump is trying to convince japan's prime minister to commit to major changes to an international trade deal kennedy donald trump campaigned hard in the rust belt in portland a protectionist message that included getting the us out of the transpacific partnership trade agreement now the leader of the top economy in the tpp is visiting president trump japan's prime minister shinzo ambi we'll have some say in whether the us could come back in as president trump is considering the top economic adviser larry cudlow is downplaying any change of heart unless there's change of details and the deal it's never been to our liking if we choose to go down that path however to quote unquote improve it we will have to be convinced that it's worth our while and i don't think the president's yet convinced that bob costantini washington porn star stormy daniels has released a composite sketch of the man she says threatened her in las vegas parking lot to stay quiet about her alleged relationship with donald trump daniels unveiled the picture on abc's the view and recounted the day she was threatened he had his hands in his pocket and he looked at my daughter and i remember him saying like a beautiful little girl it'd be ashamed of something happened to her mom daniels says she did not report the alleged threat at the time because she was scared her attorney says they're offering one hundred thousand dollars for information leading to the man's identification and scientists have developed a plant eating enzyme that may be used to fight one of the world's worst pollution problems researchers say the enzyme is able to eat pet which was patented as.
OPCW experts to visit Syria's Douma on Wednesday: Russian official
"The sp team is also on the way to look into what happened lisa thanks us defense chief james madison joint chiefs chairman general joseph dunford give closed or briefings on capitol hill today about friday's missile strikes against the syrian regime over a suspected chemical weapons attack they briefed the house first at this hour and then the senate meantime the president is set to meet with japan's leader at his florida a state instead of the white house where fox's john decker is live japanese prime minister shinzo ave arrived at president trump's moral estate with worries about us tariffs on imported steel and aluminum as well as the president's plan meeting with north korean leader kim jong un president trump tweeted earlier that he was looking forward to working with bay on military security and trade although president trump pulled out of the transpacific partnership calling it a bad deal he's asked us officials to explore the possibility of joining the eleven country modified version of the tpp that japan is leading the tpp was intended to promote international commerce and to reign in china's economic imb in asia lisa thanks john rally continues on wall street right now the dow is up two hundred nine points fox news.
"tpp" Discussed on WHO NewsRadio 1040 AM
"Of elizabeth to turn turnaround most tax returns and send out most refunds within ten days or he says even less with the highest security i won't governor kim reynolds is talking about our white house meeting with farm state lawmakers and governors as well as president trump last week at the white house about their concerns about potential trade war with china hurting agriculture oh if that meant finalizing nafta that's a step in the right direction looking at opportunity to re engage in the tpp is definitely something that we we would encourage them to take a look at governor reynolds says president trump meets with japanese prime minister this week reynolds says she's hoping that will lead to restarting talks about the transpacific partnership tpp japan is the nation's fourth largest trading partner two of three teenagers who pleaded guilty to setting a historic bridge in madison county on fire will be getting probation eighteenyearold joel davis pleaded guilty monday to second degree arson gorgeous bridge was to people not county both emotionally physically unfortunately i smiled great grandfather and great grandmother church the bridges mass and county dearly the court also gave nineteen year old olivia bergman suspended sentence yesterday for her guilty plea there's one more sentencing yet to come eighteen year old alex hof of west of will be sentenced next week the state of florida it's governor and the public service commission are being sued by a bunch of kids lisa carter has more the kids are refusing florida's leaders of turning a blind eye to climate change and endangering their future the lawsuit in state court is part of a nationwide campaign by group called our children's trust the kids claim state officials have a legal and moral obligation to protect future generations from global warming even if they refuse to use the term lisa carter as we take a street at the now the dow industrial average up almost one percent two hundred twenty points higher at twenty four thousand seven ninety three the sp five is up one percent twenty eight points higher twenty seven.
"tpp" Discussed on KMOX News Radio 1120
"The tariffs at the at the moment is still going ahead so wall street very much worried that we could get into a trade war jordan it's been awhile since we've said the the letters tpp what's going on there so in march the eleven countries of the pacific did sign the transpacific partnership in chile and now this week president trump said well maybe we want back in the tpp countries have not so fast we made all kinds of concessions that we took away so it's not going to be easy to get back into the tpp and similarly the talks with nafta continue some people think they're going pretty well something people think they're not going well sometimes president trump tweets we're gonna tear the whole thing up so this has a major impact on our economy hopefully they'll figure this out and have a new revised nafta facebook leader mark zuckerberg was in was in congress this week what what happened with that well he testified before the senate for a day before the house for the house hearing was much more aggressive but basically people are giving him a hard time that his business model is to take people's data that they give them for free and then market to them in various wells wells met a huge company and they're not gonna change that day that so congress doesn't really even understand what facebook works so a lot of spectacular hearings but i don't think it's going to end up in any kind of legislation we're talking with jordan goodman jordan well how about the weekend earnings just beginning their earnings season and it started with the banks citibank j p morgan chase wells fargo all came out better than expected the expectations are even higher on the stocks dropped a little bit on friday but i think we're gonna have a very very good earning season lots of earnings this coming week and we move on now to mergers and one of local interest absolutely justice department finally took him by year and a half to approve the buyer a takeover of monsanto for about sixty billion dollars they said they're going to sell about seven billion dollars worth of assets to make the deal work but this combined buyer monsanto company is going to be the leading company in the country in the.
"tpp" Discussed on Monocle 24: The Monocle Daily
"Fair in the domestic affairs of other states and noninterference sounds really big thing you'd always hear it at all these conferences nothing it's gone quiet and i think there's a good reason it's gone quiet is that she paying doesn't agree with it china has risen it is now going to take its rightful place at the table of great powers i let's move onto global trae because rumors this week that donald trump might be thinking of rejoining trade deal at he's been distinctly on easy about i think i if this goes through it's going to be the pickle of the really i mean trump keeps every expert quote unquote cruising people like myself guessing jumping around i was very supportive of the sense of tpp transpacific partnership in economic initiative really put forward by number of regional states joined by president obama during his kind of rebalanced to asia and trump on his first day literally said we won't nothing to do with it now in the midst of a trade war with china which has been hooveringup us intellectual property he slapping tariffs on them they're slapping agricultural tariffs the farmers are hurting america's farmers trump's base after all make america great they're hurting and what's good for farmers tpp was good for farmers so what we're seeing is we're seeing trump through this one hundred eighty degrees coming off of his battle with the chinese it's fascinating he doesn't strike you as somebody who would necessarily understand the complexities global trade unless someone explained it to him probably with pictures i think he understands business but he doesn't understand trade and i think there's a distinction there i just wonder if there's one eighty degree turns on we we've seen a few of these one eighty degree turns a failing about something followed by the few remaining adults in the room coming in and saying well actually it's been.
On stand, Bill Cosby's chief accuser Andrea Constand says she wants justice
"United states and russia traded barbs if the un security council today over a suspected chemical attack in syria us ambassador nikki haley said the united states france and britain have proof that serious military launched the attack with russian support haley and the russian ambassador argued over possible us military strike to retaliate against syria russia alone that has stopped at nothing to defend the syrian regimes multiple uses of chemical weapons should the united states and our allies decide to act in syria it will be in defense of a principle on which we all agree bosnia william continue to observe dangerous military preparations development is fraught the grave repercussions for global security especially in the light of the russian military deployment in syria today russia's military said britain stage the komo chemical attack british envoy called the charge a blatant lie it's been another violent friday on the israeli gaza border gaza's health ministry says israeli forces shot one man dead nearly one thousand others were hurt including more than two hundred and twenty wounded by live fire some palestinians burned tyres and tried to breach the border fence they're protesting the decadeold blockade of their territory members of the transpacific partnership reacted cautiously today to word of president trump's apparent willingness to rejoin the trade group he withdrew the united states from the deal after taking office calling it unfair and a disaster australia's trade minister said tpp members would welcome the united states back under the existing terms let's also be clear i think it's very little appetite among the tpp eleven countries politically any meaningful renegotiation or indeed let me substantial renegotiation the tpp eleven at all the president tweeted today that he'd only consider rejoining the trade back if there was a substantially better deal in a pennsylvania courtroom bill cosby's chief accuser testified that he drugged and sexually assaulted her in two thousand four at his suburban philadelphia home andrea constand took the stand in day five of the cosby retrial she is the sixth woman to testify against the comedian cosby's first trial ended with a hung jury in june twenty seventeen president trump has ordered a task force to review the us postal service and its finances while the executive order doesn't mention amazon for weeks he's been complaining that price breaks for amazon are hurting.
Exxon Mobil, Massachusetts and Business Analyst discussed on 24 Hour News
"Cbs news on the hour presented by progressive insurance i'm steve kafe in the un security council is meeting allen the situation in syria a us is weighing possible military action in a response to the apparent chemical attack on the outskirts of damascus american un ambassador nikki haley if you rush decisions like this you make a mistake well we're making sure is that we have all the information to know if we do something what will happen how will it happen and willett hurt anyone don is in the syrian capital where life goes on here in damascus people are certainly aware of a possible us military strike but you wouldn't know it from their faces or from walking down the street here in the capital of syria there is almost a relaxed tone we've found people out in cafes having coffee having t president trump tweets that former fbi director james comey is an untruthful slime ball who should be prosecuted for leaking classified information and he adds it was my great honor to fire him it's his response to comb his new book cbs jeff peg as says komi compares mr trump to a mob boss who was untethered to the truth is definitely settling some scores in this book he talks about some of his interactions with president trump especially during that briefing in january of two thousand seventeen before the inauguration where he was briefing president elect trump on the contents of that dossier that was compiled by the former british spy president trump is said to be ready to shift course and find a way back into the transpacific trade agreement the us exited last year cbs news business analyst jill schlesinger at president is definitely getting a lot of pushback from the agricultural sector after these trade words had escalated over the last few weeks and this would probably be deemed as a bit of a long shot to get back into tpp so it's going to be very hard to execute the top court in massachusetts hits has delivered a blow to exxon mobil ruling the state should have access to company records as it looks into whether exxon concealed its knowledge of the effect of fossil fuels on climate change there are bodies and investigations in north carolina new york and connecticut after a man shot and killed his daughter a seven year old son he had with her and.
"tpp" Discussed on KQED Radio
"Secretary of state under president bill clinton she has a new book out it is called fascism a warning madam secretary thank you so much for your time this morning we appreciate it thank you president trump in the past made no secret of the fact that he did not like the transpacific partnership here is then candidate trump in june twenty sixteen the transpacific partnership is another disaster done and pushed by special interests who wanna rape our country the tpp was a trade agreement it involves several pacific rim countries it was also supposed to include the us but president trump said he would hurt american workers and he withdrew this country from the pact and then yesterday he told a group of lawmakers that he was looking into rejoining the tpp robert hollyman was a deputy us trade representative in the obama administration he helped push for the tpp he's with us in studio now thanks for coming in so why do you think president trump is taking another look at the tpp says he's taking another look for two reasons one national economic reasons particularly agricultural interests other interests of us workers who want to have access to these fast growing asiapacific markets secondly national security interest the ties that the us would achieve through a transpacific partnership strengthen our ties with key security allies like japan and australia new zealand and i think the president realizes as president obama did that having closer links economically with those countries increases our defense capabilities and readiness you interesting the tpp became kind of a political football during the campaign little poisonous even hillary clinton distance yourself from it do you think the politics right now on freetrader any more favourable than they were in two thousand sixteen politics around trade have always been incredibly complicated what's really complicated now though is that the other eleven countries have moved ahead with their own deal and the us is now on the outside and for the us to try to get back in once we've already left the deal is going to be even more complicated than it was when we were trying to negotiate the deal from the center of the table i think it makes them demand i think clearly does us those company those countries will make some demands one one of the things they did is they stripped out of their new package some of the provisions particularly around intellectual property rights at.
Yankees, Michael Houston and Bob Michael discussed on
"Two year two point three four percents nymex crude oil up seven tenths percent or forty eight cents at sixty seven fifty five a barrel comex gold up a tenth of a percent of a dollar sixty two thirteen forty three fifty an ounce the euro dollar twenty three thirty three and the yen one zero seven point five nine that's a bloomberg business flash now here's michael barr with more on what's going on around the world good morning michael good morning karen the un security council is scheduled another emergency meeting today at russia's request on the threat to international peace from basel airstrikes on syria by the us and its allies it comes as president trump met with his national security team yesterday to discuss a us response to the apparent chemical weapons attack in syria former fbi director james homey lichens president trump to a mafia boss in his new book komi claims president trump told him at a dinner i need loyalty i expect loyalty a few months later called me was fired by the president in the nhl playoffs the devils lost along with the capitals the bruins one in baseball the yankees lost to the red sox the nationals lost the giants were winners global news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm michael barr this is bloomberg bob michael thanks very much heat is coming up on five twenty on wall street and we're joined now by michael houston chief market analyst at cmc markets michael good morning and welcome have to start out asking you about our top story the morning president donald trump's apparent turnabout on the transpacific partnership word that he's told aides to see about rejoining that trade agreement markets seemed to rejoice but then he tweets that the us would only join tpp the deal were substantially better than the deal offered to president obama likewise chinese tariffs may be a turnabout on that he says maybe they won't come about after all what's the net effect of this kind of uncertainty for the for the markets.
Trump looking to re-enter TPP, says Sens. Pat Roberts, Ben Sasse
"The rule of law and economic security in the pacific thanks for more something that could potentially be called reality i mean we know where the president stands on on tv was kind of something he voted out there or something that he is well clearly it's a deliberative process on the president is up is a guy who likes to blue sky a lot and entertain a lot of different ideas but he multiple times reaffirmed the point tpp might be easier for us to join now wants the teepee eleven is aligned and we might be the twelfth party to those negotiations as opposed to the long process that it took to get to be i'm sure there are lots of particulars and i obviously don't speak for the administration at all on any of that i'm sure there are lots of particulars that they'd wanna negotiate but the president multiple times reaffirmed in general to all of us and looked right at larry kudlow and said larry go get it done thanks robin framework the framework the concept it was put an is look as we talked to all these other countries that puts pressure on china because they come back to looking at the united states how do we increase trade open markets and our leadership rather than china for their leadership shrimp well again look the objective here is to open markets and to avoid any kind of retaliatory tariffs and that was really the focus of the discussion today was how do we get fair trade free trade and open markets and i think if you ask anybody at the meeting they'll tell you creative ideas to get that done what about what about subsidies subsidies sided at this point talk about that as far markets in the white house driveway today you heard from four senators john hoven republican from north dakota dead fisher republican brassica ben sasse republican nebraska and pat roberts republican from kansas and chair of the agriculture committee after that meeting with members of congress and governors and others with the president talking about trade there's this from the new york times rejoining the tpp could be a complex task the remaining eleven countries have spent months renegotiating pack that lacks the united states market and finally agreed to.
Trump looking to re-enter TPP, says Sens. Pat Roberts, Ben Sasse
"The hour presented by theraworx relief i'm jim shanavie in stark contrast to the heated rhetoric earlier this week the trump administration has dialed down the war talk when it comes to retaliation for serious alleged use of chemical weapons correspondent gave president trump met with his national security team thursday afternoon but he merged without a final decision on how to respond to the suspected chemical attack in syria us intelligence estimates forty two people were killed and hundreds more injured we're looking very very seriously very closely all situation syria and its ally russia deny any such attack occurred defense secretary jim mattis totally congressional panel he believes there was a chemical attack but said responding is complicated how do we keep this from escalating out of control it was one of his first actions as president mr trump pulled the plug on u s participation in the transpacific partnership a trade deal that he said gave the us the short end of the stick now with farm states concerned about a trade war with china the president is suggesting the us could reenter the tpp if it can get a better deal nebraska senator ben sasse multiple times reaffirmed point that tpp might be easier for us to join now mr trump says we already have bilateral deals with six of the eleven nations teepee an and are negotiating with the biggest japan the president's choice to be the next secretary of state was before the senate armed services committee yesterday margaret brennan reports director mike pompeo argues that as secretary of state he take a hard line toward russia and contradicted president trump's claim that the bad blood with russia was caused by special counsel robert mueller's investigation into election meddling do agree with that the historic conflict between the united states and the soviet union now russia is caused by russian bad behavior pompeii also revealed that he'd been questioned by muller a cooperated and said that president trump had never asked him to interfere a federal judge in los angeles has issued a nationwide injunction to block the justice department's plans to give priority status for policing grants to local departments that agree to cooperate with federal immigration officials judge manuel real ruled that that would force police to participate in immigration enforcement and upset the constitutional bounce justice officials will argue the department has the lawful discretion to give additional consideration to police departments that cooperate especially those that provide information about people who are in.
Cfo, Benedict Benedict and Managing Editor discussed on
"The deal offered to president obama we already have bilateral deals with six of the eleven nations in tpp working to make a deal with the biggest of those nations japan who's hit us hard on trade for years building on our trade story trump also struck a more optimistic tone on china this comes as the country's exports posted a decline in march leaving a surprise trade deficit is bloomberg's bryan curtis where the details from hong kong exports fell two point seven percent after a whopping gain of forty four and a half percent the previous month a sizable miss here from the projected eleven point eight percent increase in a bloomberg survey imports to jump fourteen point four percent and that did beat estimates it left us somewhat rare trade deficit for china to the tune of four point nine eight billion dollars firstquarter data are often strongly affected by the chinese new year holiday and this time we had a fairly chunky currency effect the increased three point seven percent in the first three months of the year in hong kong i'm bryan curtis bloomberg daybreak europe london stock exchange group is hard goldman sachs's david schwimmer to run the two hundred and seventeen year old balsa ending a months long search he'll join the group in august off to a twenty year career golden's he takes up one of the most high profile jobs in the city of london schwimmer replaces interim chief executive david warren will retain his role as cfo and in other news some corporate news that i spoke about earlier volkswagen has picked a new leader in a management shakeup at the world's biggest carmaker as it is attempting to draw a line under the diesel scandal herbert dc they had vw's namesake brand will become ceo as well as oversee technology across the organization the moves come as the company prepares for wave of technological changes said to up end the industry's traditional business models let's get more on that story from bloomberg's global business managing editor benedict benedict how the.
Trump says would only join TPP if deal were substantially better than offered to Obama
"News washington president trump apparently having second thoughts about pulling the us out of that trans pacific partnership trade deal tweeting just a short time ago we already have bilateral deals with six of the eleven nations and tpp and are working to make a deal with the biggest of those nations japan who has hit us hard on trade for years nebraska senator ben sans it's a deliberative process and the president is a is a guy who likes to blue sky a lot and entertain a lot of different ideas but he multiple times reaffirmed the point that tpp might be easier for us to join now backpage dot com chief executive carl for rare pleaded guilty thursday to state and federal charges related to the now shutdown add site that prosecutors say specialized in marketing prostitution and even childsex cbs news legal analyst rikki cleveland and these people what they have done to women and children in terms of sexual trafficking is really unbe believable it's obscene on wall street the dow gaining two hundred ninety three points or one point two percent to twenty four.
Trump looking to re-enter TPP, says Sens. Pat Roberts, Ben Sasse
"Whole lot of change although the end did weaken lot in in new york session and looking at oil prices vary strong dwi crude was up over sixty seven dollars a barrel for much of the morning now at sixty six eighty five doug back to us all right brian well as you mentioned president trump making some comments on teepee he told lawmakers he's considering rejoining the transpacific partnership now you might recall that he withdrew from tree tpp shortly after taking office republican senator ben sasse of nebraska was part of the group that met with the president china cheats and lots and lots of ways their theft of intellectual property they're made in china twenty twentyfive initiative are a whole bunch of bad actions and that cheating needs to be countered but the single best way we can counter that is by leading all the rule of law nations in the pacific would rather be aligned with the us then be aligned with china well the president's news on tv p comes ahead of next week's visit to the us by japanese prime minister shinzo obey bloomberg's global economics and policy editor is kathleen hayes she tells us president trump's move will be welcomed by japan it seems to me that he may be also getting ready to take steps that are so important for asia ex china this again is something that japan and other nations want in place because they to want to counter china's rising power in the region particularly when it comes to trade trump and albay will also likely discuss the us tariffs on steel and aluminum and the possibility of japan being granted an exemption from these levees and on sunday japan and china will begin their first highlevel economic dialogue nearly eight years we have more from bloomberg's ramy inocencio chinese foreign minister wong e will visit japan for three days to meet as counterpart taro kono bilateral trade and investment is strong but the relationship has been plagued by problems in recent years including territorial dispute in the south china sea one topic that may be discussed is japan filing to join a us complaint to the.
Political Director, Director and Fbi discussed on Afternoon News with Tom Glasgow & Elisa Jaffe
"Again on the trans pacific partnership trade deal from which the president withdrew the us last year the president meeting with farm state lawmakers who urged him to rejoin the tpp or transpacific partnership because being left out is hurting american companies and farms they want to feed the world and they want a reduction of tariff and nontariff barriers republican senator ben says saying the president told his economic advisers to try and get back into the tpp unclear whether other nations will say okay andy field abc news washington defense secretary james mattis says the world's chemical weapons watchdog looks to have inspectors in syria within the week while the suspected chemical attack there has the us drawing up plans for a military strike the presence of poisonous substances has not been formally confirmed president trump said an attack could take place very soon or not so soon at all we're looking very very seriously very closely at that whole situation we'll see what happens we'll see what happens it's too bad that the world puts us in a position like that multiple investigations underway in cincinnati after the death of sixteen year old kyle plush trapped by a bench seat in a mini van in the parking lot of his high school plush called nine one one twice police never found him something went wrong here and we need to find out why we weren't able to provide that help it we hope we could ask cincinnati police chief elliott isaac says one dispatcher has been put on administrative leave in his forthcoming book former fbi director james comey says president trump sought loyalty like a mafia boss abc news political director recliners read an advance copy homey was so concerned about these interactions that he was dictating memo's writing memos in real time ultimately allowing a friend of his directing a friend of his to leak the contents put out the contents of one of those memos the white house says no comment about the book up day on wall street the dow closing two hundred ninety four points higher the nasdaq gaining seventy one you're listening to abc news komo news one thousand fm ninety seven seven number one for news good afternoon it's four zero two overcast with fifty one degrees in seattle i'm elisa jaffe with tom glasco here are the top stories from.
Trump says U.S. will only rejoin Pacific trade pact if terms are improved
"In los angeles i'm carl rozelle thursday april twelfth good as always to have you here everybody that was president trump in his fourth day in office pulling the united states out of the transpacific partnership the then twelve now eleven member asia pacific trade deal negotiated by the obama administration this which about the here is american hog farmer brian duncan talking to us last week on the four hundred and thirty ninth day of the trump administration and when we see this attitude towards china and also top talk on nafta we saw withdrawal from tpp which was going to be very beneficial agreement proposed producers i think that's all combined to a negative psychology that that there's already casualties in this trade escalating trade fight much like healthcare it seems global trade is proving to be a bit harder of a nut to crack than president trump had thought it might be in a meeting with farm state legislators and governors today mr trump said he has told his top economic and trade advice that he wanted them to see about getting the united states back into the transpacific partnership it's not really a surprise the president hinted at it in his speech at the world economic forum in davos in january treasury secretary steven mnuchin flat out said it in an interview on this program a month or two ago negotiations on this start tvd i guess trade aside the fundamentals of this economy are strong right now and we are going to get some corporate fundamentals over the next couple of weeks earnings to be specific big wall street banks j p morgan chase insig rupe among them are expected to report strong prophets tomorrow which could give a hint about the rest of things marketplaces ryan kyle has that one my fellow new yorker hope bowman says her 401k has been making her a little nervous lately yeah i called the investment specialists at charles schwab yesterday because i was just i got myself into a panic about my allocations she's been nervous for the same reasons a lot of investors are nervous these days geopolitical worries are probably the number one thing right now you have problems with north korea trump talking about a trade war with china things going on with syria jim senegal of morning start says that stuff's not helping stocks enter.
"tpp" Discussed on MSNBC Morning Joe
"The trump administration has actually done jesse opposite of what you and most other experts foreign policy experts have suggested when it comes to asia we've we withdrew from tpp now i'm curious to hear what you think about mnuchin saying we should reconsider it and of course we're in a fact withdrawing from north korean negotiations and and so now south korea is is what do you think south korea's going to end up giving north korea a better deal than we would if we're sitting at the table because you've said their interests are not perfectly aligned with ours will the dangers they end up with their own dynamic our concerns are not put at the front of the kill that's why we should be we should be doing this i believe a ourselves but what you say about asia more generally near the day mr mr trump had that unfortunate tweet that the russians are sitting there laughing laughing their ashes off about the united states debate it might be the chinese who were laughing there's off as you say we get out of tpp china has the great an official it's good news that we're talking about possibly getting back into it there's lots of mechanisms we could do it because getting out of tp was an economic as well as strategic disaster for us it was an owngoal and the words you are more comfortable with the vent than i am also interesting you have what what xi jinping did the other day this unilateral announcement that he's going to ignore term limits i think this is again filling a vacuum he doesn't care the united states is not setting an example the rest of the world feels pressure to emulate the united states has essentially taken the democratic issues off the agenda so we no longer criticize anybody and turkey in china and russia in the philippines or egypt or anywhere else about what they are doing to the road people so suddenly this we gave the chinese a free pass and i think they were willing to do it richard i'm not gonna asking to unpack syria for us abroad by does feel like we've entered into a new more terrifying stage of this conflict most recently in american position came under a.
"tpp" Discussed on WRKO AM680
"Eight jam in tampa who i believe wants the call about my call jeff precede the article cruciate this girl thank you thank you jim i had vote i have a quick comment uh i i wanted to have one more component or they don't think it's talked about enough with your article and with the rhino republicans and that's the uh it's the co it's the multinational corporate angle because i bush i saw president bush yesterday now the audacity to undermine well president trump making comments about the the wall but to me it's all a facade because to them part of what you went on to the walk represents an an into nafta tpp and that's the golden goose as much as cheap labour come in and it's also the jobs going out and you got a realise small business kits crushed by multinationals with tpp see that's partly a war against our own people to small businesses re re is coming back big time right now partly because tpp was stops and i think a lot of republicans don't get the you know just your common voter else your doesn't get that that this is also a war on small business multinational corporations when they outsource tpp naphtha that all deal that is not good for domestic small business and uh that's part of it i think this part of what's going on and that's what i hate about when i see president bush see stuff like this you got it it just doesn't seem like the the uh the the elite republicans really care about our working class and w what trump is doing by getting the working class back is such a victory for the republicans i just don't.
"tpp" Discussed on KQED Radio
"Sort of interested in we could we could potentially be interested in tpp again or on better terms i mean it just all you have to do is look at what he's done and what was said so i'm just not sure what the effect of this one speech would have on on these focus a looks good to the tpp for second london i'm going to play the peace appears the president he says leading into this peace with abuses i really want bilateral trade deals but also we could do this and here's this will incur liu the countries in tpp which are very important we have agreements with several of them already we would consider negotiating with the rest either individually or perhaps as a grill if it is in the interests of all okay so the president pulls out of the tpp not only that this week the tpp nations the eleven of them lynette came to an agreement that they will sign next month in chile i believe wide would anybody get into a bilateral or even a multilateral trading relationship on the president is talking about pulling up the borders again good question you know now by trump's uh trump is clearly thinking about china here he ripped up tpp a little too hastily now we see him trying to negotiate with china about north korea we see that china and and and trump's administration on the economic front are again coming had to hand as rachel mentioned washing machine solar panels this tpp deal were supposed to be another measure that was going to bring the u s and the rest of asia against china and trump obviously had no idea about any of that when he took office come on let me just rachel really quickly turned to try again and and harken back to persian xi jinping speech from last year where he came out and he said china is open to the world we are ready to step up and take our place in the global economy as a contrast to what the president said today yeah i think that was sort of the biggest turn it take away a few if he did compare the two m president trump while he did sort of tamped down some of the nationalism that he has promoted in previous speeches it was very much about america first maybe not a miracle alone as he said.
"tpp" Discussed on WNYC 93.9 FM
"Of interested in we could we could potentially be interested in tpp again or and better terms i mean it just all you have to do is look at what he's done and what was said so i'm just not sure what the effect of this one speech would have on on these folks so let's get to the tpp for second an i'm going to play a piece today tape here's the president he says leading into this piece of they'd be says i really want bilateral trade deals but also we could do this in areas this will include the countries in tpp the which are very important we have agreements with several of them already we would consider negotiating with the rest either individually or perhaps as a group if it is in the interests of all okay so the president pulls out of the tpp not only that this week the tpp nations the eleven of them lynette came to an agreement that they will sign next month in chile i believe wide would anybody get into a bilateral or even a multilateral trading relationship and the president is talking about pulling up the borders again good question in out by trump's uh trump is clearly thinking about china here he ripped up tpp a little too hastily now we see him trying to negotiate with china about north korea we see that china and uh and and trump's administration on the economic front are again coming had to hand as rachel mentioned washing machine solar panels on this tpp deal were supposed to be another measure that was going to bring the u s and uh the rest of asia against china and trump obviously knack knowing about any of that when he took office let me just rachel really quickly turned to try and again and and harken back the president xi jinping speech from last year where he came out and he said china is open to the world we are ready to step up and take our place in the global economy as a contrast to what.
"tpp" Discussed on KBNP AM 1410
"Has failed to deal with terrorist networks operating on its soil the state department says that the freeze will remain in place until islamabad comps down the how county network as well as the afghan taliban the un security council will hold an emergency meeting later after the us called for a show of support for antigovernment protesters in iran tens of thousands of people have taken part in demonstrations over the past week and at least twenty one people have been killed in the unrest and middle east politics is on the agenda as french president emmanuel macron meets his tukish counterpart register tape aired on today the duo discussing the syrian conflict migration under us recognition of jerusalem as israel's capital air to one has made few visits to western europe since the coup attempt back in two thousand sixteen and his ensuing crackdown on dissent is but now ankara's said to want to improve relations with the european union global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm alkas carlsson this is bloomberg guy thanks markets the trade secretary folks once the uk to join the tpp giving up the eu fool the tpp is that a good idea is that a good idea for british workers let's find doubts labour's shadow trade secretary very government joins us now in the studio good idea look you know that the tpp has been mired in controversy the us pulled out of the tpp because they were concerned about jobs it was actually one of the few things that united both hillary clinton had donald trump in their opposition to tpp when they were running for election this this is a deal that has substantially already being put together and any country that joins a trade agreement late has not been able to set the terms of that agreement so i would be very skeptical that we can come as a latecomer to a deal that has been struck four what are essentially the pacific rim economies china sea rim right on ruins come late and then think that it's going to be a deal that is good for us when this is a.
"tpp" Discussed on Bloomberg Radio New York
"The us government his cutting almost all security aid to pakistan saying it has failed to deal with terrorist networks operating on its soil the state department says that the phrase will remain in place until islamabad comps down on the connie network as well as the afghan taliban the un security council will hold an emergency meeting later after the us called for a show of support for antigovernment protesters in iran tens of thousands of people have taken part in demonstrations over the past week and at least twenty one people have been killed in the unrest and middle east politics is on the agenda as french president emmanuel mccoll meets his turkish counterpart red tape aired around today the digwa while discussing the syrian conflict migration and the us recognition of jerusalem as israel's capital air to one has made few visits to western europe since a coup attempt by can tweet 2016 and his ensuing crackdown on dissent is but now ankara's said to want to improve relations with the european union global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm orcas kalsan this is bloomberg guy marcus the trade secretary the folks once the uk to join the tpp giving out the eu fool the tpp is that a good idea is that a good idea for british workers let's find doubts labour's shadow trade secretary bergamo joins us now in the studio a good idea look and you know that the tpp has been mired in controversy the us pulled out of the tpp because they were concerned about jobs it was actually one of the few things that united both hillary clinton had donald trump in their opposition to tpp when they were running for election this is a deal that has substantially already being put together and any country that joins a trade agreement late has not been able to set the terms of that agreement so i would be very skeptical that we can come as a latecomer to a deal that has been struck four what are essentially the pacific rim economies china sea rim night on am come late and then think that it's going to be a deal that is good for us when.
"tpp" Discussed on WNYC 93.9 FM
"The tpp transpacific partnership and and the paris climate accord of course and i think that there are some uh some countries that that want to move ahead on on tpp for example without the united states and it some observers say that this is all an leaving the the actions of the united states is of leaving a bit of a vacuum that were china could step in and really be a leader in some of these big agreement so i think the big question is how does china sea this opportunity and will they sort of step in and some of these big powerful ways lead you think it's is it worth it to cede the national stage 'some of portrayed it if we get better trade deals out of it uh i don't know about gget right right i'm i don't know i i think that a big thing that's also playing coming to play here is north korea and uh which is in about trade but it's about having any kind of um you know exert you'll get we need china china being a key player in in our negotiations with to the grocery there are any and um i think that's what a lot of the flattery that you saw i mean you know dump two days ago it was have you ever seen anything more beautiful than this this military parade we have ring chemistry i mean it's sort of a little bit all over the place but i think that that is underlying all these discussions lee gallagher from 410 and rachel abrams from the new york thanks rappers thank you on wall street today more drops on tax jitters will have the details when we do the numbers the nick let's not about trade a little bit more hear president trump and his chinese counterpart xi jinping both spoke at an asiapacific economic cooperation today the chinese president as you heard spoke about economic openness and international cooperation mr trump pledged to put america dragged us should be two bilateral trade agreements instead of.
"tpp" Discussed on NPR's Business Story of the Day
"This speech was advertised as an opportunity for the president to spell out his vision for what the white house calls the indopacific region that's a phrase that the globalists' in the administration came up with the show the us still wants to be a player in this area even though trump did pull out of the tpp but you know you could almost hear the tug of war between the globalist and the economic nationalists in the white house that it was as if halfway through the speech the nationalist grabbed the speechwriting pan and used it to air their grievances so you know for trump supporters back home uh there was some real red meat on trade in this speech but for people in other countries listening for reassurance that the us still wants to be an active player in the pacific not so much all right so where does that leave those other countries some of the eleven other countries that had signed on to the tpp are hoping to resurrect that trade deal minus the united states and then you have china which was not part of the tpp but for china this is a potentially big opening by stepping back from the trans pacific partnership and also by challenging other international treaties like the paris climate accord trump is left something of a vacuum in the international community and chinese chinese president xi jinping is more than happy to fill that vacuum one analyst described this as the first apec summit he can remember that china was actually looking forward to narrow the the united states is sort of in the lead here at the head of the table this is an opportunity now for china to take that role interesting and here's scott horsely has been traveling with the president he's in vietnam right now thanks so much scott you're welcome rachel.
"tpp" Discussed on The Renegade Republican with Dan Bongino
"And what's happening is because we pulled out of the trans pacific partnership the tpp which was a trade deal which was which was multilateral was not a bilateral trade deals should be clear and bilateral trade deal will be a trade deal between say the united states and japan the tpp was a trade deal between the united states and a number of other countries it wasn't just it wasn't beilin's multi let are pretty simple step will we pulled out of the tpp with japan so what's happening now japan is instituting some pretty heavy tariffs on american beef sales we are a a ver a rather large trader of of beef products american beef products to japan they consume a lot of american beef and we're being now drowned out by the australians worshiping near beef into japan and mesa well what happened while the japanese instituted a large tariff on american beef which will of course a tariff will make american beef more expensive in japan the japanese say importing beef from america we will slap a 22 percent tariff or whatever it may be on those sales that makes those sales 22 percent more expensive roughly in japan so people are saying well we'll just go with the australian beef which doesn't have an equivalent tariff okay also trade wars eating up with china right now china there's a you know trump is is upset china understandably so for doing almost nothing on north korea while the north koreans threaten the entire world you know joe before the show the other day brought it up to me and i we don't discuss a lot of foreign policy amac an upbeat at the that today either but joe said and he you know as rare because he does usually say this kind of stuff miga's listen i'm get all concerned about of course you're li it's because i assume you talked about on cbs net morning do and today yeah and these the north korean seemed they seem seemingly irrational now i think.
"tpp" Discussed on Bloomberg Radio New York
"The conference in istanbul that y'all for all supplies is increasingly worrying with a trillion dollars in investments wiped out by the recent drop in crude prices the stuff he also said that the petroleum industry will remain at the heart of global energy for years now the tpp or the transpacific trade deal which we all thought was dead in the water when america pulled doubt might actually be making a comeback here the eleven remaining tpp countries will meet in japan for wednesday's a midweek to determine what option still exist to move the agreement forward without washington the tpp was signed in february of last year after almost eight years of negotiations president trump abandoned its two after taking office staying in this white house steam here the president has nominated randall quarrels to be the feds top banking regularity was he senior treasury official in the bush administration and is currently managing director at salt lake citybased private equity for their poor old is expected to play a pivotal role and carrying on trump's pledge to ease regulatory constraints imposed banks after the financial crisis global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm david let them this is thanks david secretary of state rex tillerson is back in the gulf in a bid to resolve the cellular crisis over cutter now he kicked off in kuwait meeting the emir who has been playing the role of mediator the flareup in the middle east tenants put in a difficult position it's an allied to both science cuts are hosts the us regional command and saudi arabia is the biggest buyer of us weapons let's get more on this story dr executive editor for the middle east and africa the united states back in.