Theres jobs, there are thorny National Security issue, including north korea and chinas interests in the south chosen sea and lately areas of conflict between the worlds two largest economy and two biggest partners seem to have eclipsed the areas of cooperation. President trump has referred to china as the biggest trade cheater in the world. Hes accused beijing of killing american jobs. The white house called out china for manipulating its currency and had threatened tariffs. Later this week, President Trump and chinese president xi jinping will lead what some are calling President Trumps most important meeting get with a world leader. Tonight the white house outlined what will be on the meetings agenda. President trump meeting with his tiny counterpart at his mara lago resort thursday. They will be accompanied by their wives with the most urgent topic, diffuseing tensions with north korea. Senior white house Officials Say the clock has run out and all options for the u. S. Are on the table. Specifically, President Trump is expected to ask china to exercise its economic lever annual over north korea. China will yield significant power because it represents nearly all of the external trade. The president thinks the ban china set up with investment, with the two leaders establishing a framework in the weeks and months to come t. White house relying on the commerce and Treasury Department to continue monitoring these issues. And while the president is hoping to build a results oriented relationship, senior white house officials expect no resolution on those Economic Issues this week. For nightly business report, in washington. We will talk more about what to expect from the meeting between chinas president and President Trump later this week. He is president and founder of Legal Research group. Welcome back. Its a pleasure to have you here, david. Thank you. Lets start, first of all, timer outlined some of the Campaign Rhetoric that the now president used. How does he get past that and beyond that and forge a meaningful, hopefully, relationship with chinas president . Well, you quite like to bring that up. Because there has been a lot of rhetoric on the campaign trail, which is just that, rhetoric. He will have to get back from meeting with the currency manipulator and lashing out for taking american jobs. All that is china from the past. China of the last ten years and the next ten years, doesnt have any interest in dumping goods on the market. They are looking peacefully to moving to a more society. They see adjusting to the reality of the playbook. He questioned the one china policy. He backed off as he got better informed about the importance of that and the importance of the u. S. China relationship. Walk us through the matter of currency and currency manipulation. As i understand it, while the chinese currency is down, its not down nearly as much as the japanese yen or the pound and has been appreciating recently . Thats exactly right t. View that china is somehow manipulating its currency to the detriment of the u. S. Or other markets is simply not true. If you want to point fingers, its great u. S. Allies like the japanese and the british who have seen 20, 25 depreciation of the currencies over the last year t. Reality is the china is connected to a basket of currencies, the u. S. Is the largest and gets dragged around by the u. S. Dollar. The north korea situation is perhaps the most volatile. How does the president negotiate that, just the other day, he said it wont help. The u. S. Might take on north korea on its own, which, you know, kind of triggered jitters through the markets. How does he negotiate that . The markets right to react strongly do that. They have close u. S. Allies, the u. S. Forces there the large u. S. President and japan and the Large Population would be the first in the firing line from a rambunctious north korea. I think he might be right to bring up the idea that all options are off the table. I think hes right to reopen the dialogue with a clean sheet of paper and hopefully china and the u. S. Can get on the same page, we all need the Korean Peninsula to be less militarized and less peaceful. We will wait to see. On wall street, stocks were mostly flat ahead of that big chinau. S. Summit. Investor rrs in a waitandsee mode, because many dont want the administration to take a protects of staff against the employees economy. The Dow Jones Industrials up 39 points at 20,689 t. Others basically flat. Nasdaq hired by 3. S p by one and a third. Infrastructure you know is another pillar of the trump administrations agenda. The today the secretary gave a time line, elaine chao said a package may be ready next month. The president says he hopes to have a pack only over a trillion dollars over ten years. Richmond fed president is stepping down fed president is stepping down over controversial Federal Reserve information. Steve leishman has the surprising details. Reporter president jeffrey laquer resigned in that he played a key role in the release of confidential fed information,. He spent 13 years at the top of the richmond fed acknowledged he sent a newsletter and inadvertently confirmed fed deliberations on mon theyre policy. He said in a statement, i regret in this instance i crossed the line, information should have remained conversationtial. On october 2nd, 2012, he spoke with that meddling analyst and medley on the third or the next day wrote a story with confidential fed details, he was interviewed by the General Council in december. In 2015, he was interviewed by the fbi and attorneys for the Southern District of new york n. January, he announced he was resigning. It was effective october 1st. Today he announces a resignation effective immediately. His resignation is the result of negotiations with law enforcements and his Attorney Says laquer has been told by the u. S. District attorney that he will face no charges. Hes being replaced by first Vice President mark mull know. In a statement later in the day, they say he cooperated fully with the investigation and the Inspector General also grabbed a statement saying it would be concluding that investigation soon. The trade deficit dropped sharply in february. Exports rose to a more than twoyear high, improving Global Economy and softening of the dollar. Smartphones fell the deficit, which is the gap between import itself and exports was off 10 to about 43. 5 billion. That more than cancelled out a big increase in january. Boeing landed a 3 billion deal to sell 30 jetliners to iran. It is the companys second sale in that country since the 1970s. Irans aging air fleet is among the oldest in the world because of sanctions that were in place for decades the average age of their planes, 20 years, financing details are not disclosed. The Airline Industry is gearing up for 21 of its busiest summers ever. In fact, several airlines are adding flights or new rooves, especially in smaller city, phil lebeau takes a look at what seats and more flights might mean for travelers. Reporter Summer Travel is about to take off. And the airlines are planning to be ready for the surge of people getting away. For example, United Airlines is adding flights to 13 cities in the u. S. , including all new service to many small cities like colombia, missouri. Not to be outdone, american is adding Summer Services to 26 cities. Meanwhile, southwest and alaska will also be adding flights over the next several months. Whats behind this expanded service . Part is airlines filling in routes where they havent been flying or theyre grow income demand. But another factor is the chance that for airlines to bring more customers into their hubs, where they can connecticut with other destinations. I think some of the cities that theyre serving will be very competitive and they definitely are adding a lot more capacity than they thought they would maybe six months ago. With a Record Number of people expected to fly this spring, airfares remain lower than a few years ago, that i are expected to climb this summer and hit a high of 269 for the average domestic ticket. I perhaps the biggest reason this summer will be a busy one for the airlines is consumer confidence, which remains at close to a record high, Many Americans the next couple of months will be a good time to get away. Phil lebeau, nightly business report, chicago. Still ahead, tax day two weeks away. Tonight last minute tips for you procrastinators. A growing number of brands are pulling their ads from fox news oreilly factor. The decision comes amid allegations of Sexual Harassment by the host. Bill oreilly has denied the accusations. There are reports that he or fox paid about 13 million to five women since 2002. Some of the advertisers include bmw, hyundai, senofey and allstate. It is also the time of year when brands commit a lot of money to advertise on tv networks. Its known as the up front sales period. This year, there is a shift going on and advertisers are taking a hard look at content. Amid the youtube backlash. Julia boorstin reports tonight from los angeles. Reporter targeting in the safety Premium Television will be front and center during this up front ad sales period. Cable networks, the food network and discovery have picked their lineup to madison avenue, showcasing their digital reach and measurement capabilities. Nbc universe am is switching to total guarantees across broadcast table e cable during the olympics. Cbs total content ratings include digital dvr. In the wake of advertisers boycotting google because it adds proximity to offensive content of youtube the safety of premium video content is expected to have its appeal. You think there will be some theft. Because i think you know a lot of the advertisers moved dollars into digital. Now theyre recognizing they need to go back to where they can control where their message is played. Reporter the big question is whether during the up front tv companies will be able to secure more ad dollars or price increases, the ceo of itt michael ross projects tv ad dollars will be flat after 5 gains in 2016. There is the debut of streaming video options, such as huh will you and youtube via skin my bundles, hoping to lure advertisers the combination of premium content and next generation hightech advertising. Woku is battling with nielsen to give advertisers a measure of how they are dealing to make it easier for them to reach the right consumers. It is using data to inform so you can target at the Household Level and the individual experience rather than blanketing everyone with the same mask. Reporter advertisers say they will increase their marketing expense this year. With growing concern about brand safety, well see where they put those extra dollars. Staples, we gin on tonights market focus t. Wall street journal says the Office Supplies retailer is in talks with potential private equity first. The report said a possible deal could value staples. Shares rose. Networks might be looking to sell itself. According to New York Post the regional cable and Television Network is in early talks with potential suitors and Telecom Giant verizon may be one of them t. Report added there is no guarantee a deal would be made. Msg networks. Ralph lauren is cutting jobs and closing its Flagship Store on fifth avenue in new york city t. Fashion retailer also plans to restructure its digital operations. Its unclear how many positions will be affected t. Company says the moves are an extension of the cost savings plan announced next kumer. Shares fell to 77. 74. The drug for treating Involuntary Movement disorder associated with huntingtons disease has been approved by the fda. This is only the second product to prove the disorder and shares fell nonetheless 19 vents to 32 on the button. The furniture and Electronics Retailer con said it helped unadjusted profits. They did post lower revenue good enough to impress investor, shares of khans climbed to 10. 90, the electric and lighting maker Acuity Brands said weak demand, particularly in north america, caused the company to report praufrdz sales of disappointed, they said it still sees longterm Growth Opportunity to net market. Shares fell, down nearly 15 to 173. 93. Tax day is fast approaching, two weeks away. No one wants to get an audit. Nerd wallet put together a list of things that could raise red flags at the irs. Reporter your a 5, number five, using two many round numbers. An easy amount is unlikely, round them to the nearest color not hundreds, claiming a home office, a laptop in front of your flat screen doesnt count. Number three, claiming too many charitable donations, you dont have to to prove, dont report it. Number two, claiming too many business expenses. If you cant perform your job without it, then its legit. Number one, making math errors, if it didnt add up, triple check your columns the irs probably will. For nightly business report, im kate rogers. We are less than two weeks away from the april 15th tax timeing deadline. If you havent prepared your tips, we have last minute tips to help you save money. Financial expert sean mcway joins us now. Welcome. Thanks, for having me. What if i cant possibly get my taxes done what do i do . Thats really permanent that you file them by the 18th. But if you cant, you can file an extension. There is a specific form t. Trick is while we can file for that extension. The money is still due on the 18th. For me to make the best guess of what the taxes will be, paybacks and figure it out moving forward. How much time does that buy you . It depends on the extension. It can be several months to theen of the 84. What about filing electronically, does that help you out or not . So filing electronically is nice. Its a very fast process. Right. I personally havent filed yet. I that makes three of us. Two. Perfect. And im really relying on my tax offer to build a file quickly. I know that will happen. Lets talk a little about last minute di ducks on my claim. I think the only one that you can probably claim this late for 2016 taxes, would be to fund fully an ira, if you havent done so, already. Thats right. Any Retirement Savings account, an ira we contribute through to the 18th. This is really great. Its different from normal contributions where theyre say charitable continuebutions. These are decreasing your top line revenue, theyre effectively made less decreasing the tax premium while saving up for the future. These are the best to pursue at this point. A lot of people have been using different times of computer programs, are there some that you looked at that are maybe better or simpler than others . Yes, one its important to remember the irs writes the code, not the tax preparers. Some promise to get you a higher term than others, at the end of the day, its not their math, its the irs math. Where do they do differ . They differ in terms of cost, in terms of capabilities and in terms of user experience. So the software kind of answers the questions you want to answer and helps you through the Little Hand Holding you actually want. One that has a personal price point. Sean, thank you very much. Sean mcway with nerd wallet. Get your filing done, man . I think i have to do an extension. Coming up, can amazon reinvent the very thing it disrupted . Brick and mortar retailers. The Labor Department decided to delay the implementation of its retirement rules t. Socalled fiduciary rule, which offers retirement advice to the best interest of their customers will be delayed by 60 days while it undergoes a review. According to a filing in the federal register the ve view will examine when the rule hinders americans ability to get access to retirement financial advice. A seattle law allowing drivers that Ride Hailing Companies to unionize has been temporarily blocked. The first such law applied to Companies Like youtubeer and lyft. They say it violates antitrust and labor law, seattle lawyers say the law will make the industry safer. Uber and lyft are members of the chamber. Amazon shares closed at their fifth Straight Record high. They helped fume the gains today. Stocks above 900. But amazon, which is the king of Online Retailing is doing something kwurious. Its moving into brick and mortar retail, the very thing it disrupted. We have more from seattle. It was once an area dominated be i the likes of borders and barnes and noble, until amazon showed up. Now barnes and noble is struggling and borders is gone. But then something strange happened. Amazon is trying to reinvent the very thing it disrupted. Brick and mortar retail. Amazon books was the first companys physical store. It opened less than two years ago, this year physical book stores are expected to be in 11 locations throughout the country. On the surface, it looks like your typical book store, with title gadgets like amazons kinds him and echo and fire tv devices showcased around the states, with a likely goal of encouraging customers to join its online prime Membership Program and then there is the push for the Grocery Store business with the goal of getting rid of the checkout counteru counter. It is another technological leap that dramatically changes the way by eliminating the cashier. Its typical. They already have those takeouts. Its convenience. If its an automated process, they put crutches on my car, it seems quick and easy and better for me. Reporter for now, brick and mortar is an experiment and a tiny part of amazons overall business. It may be a part of jeff bezos business, an expansion is a byproduct of. That last year they took over a staggering 70 of the new Downtown Seattle Office space that opened and continued construction on the new campus in the heart of downtown seattle. This year, its aimed to lease another 300,000 square foot officer building. Its becoming clear, amazon wants to be in every aspect of consumers life, that means leaving a mark on its hometown. For nightly business report, seattle. Just days ahead of that meeting between President Trump and chinas president xi, one iowa man is talking about his rare relationship with the chinese leader. We have his story from beijing. [ music playing so theres my m president xi. Yeah t. President was offering some of his impressions and you know his famous saying at least to this group, are you america. Reporter for american businessman Gary Dvorchak has an elusive meeting with the chinese president. More than 30 years ago, xi jinping stayed in his iowa bedroom on an agricultural Fact Finding Mission to the u. S. He was a young man, in his early 30s, he was with the delegation. He was a regular person. Reporter but this week, now president xi is making another trip to america. This time to meet President Trump. There is our house. Reporter he currently is living in beijing has had dinner theater with xi jinping thanks, to his old family connection, he has access, negotiateing tips for trump. The chinese have a lot of work to do zbernally to develop the economy both for domestic consumption and more exports. So i dont think we can be as forceful as wed like to be. We have to understand its fair trade, but china openly is still a developing country. They need to sell before they can buy. Reporter so what do you think president xi wants from this meeting . I think he would like to have the rhetoric tone down a bit. Even though its all talk for the most part, really, its culturally the chinese do not like that level of conflict. What would be the worst thing that President Trump could do during this meet something. If the public harshness translates across the table, i dont think it will be a productive meeting. Reporter his advice for committee xi . Read the article. A lot of what you are doing is hes done over and over his whole life. Thats what i think would be very help. For president xi to understand the sometime and aproven he will have. That helps you find ways to disarm it. Its going to be fascinating to see how that meeting goes. I xi president xi already read that book. I would think so, exactly. That will do it. Im sue herrera. Thanks for joining us. Have a great evening, everybody, well see you back here tomorrow night. This is bbc world news america. Funding of this presentation is made possible by the freeman foundation, newmans own foundation, giving all profits from newmans own to charity and pursuing the common good, kovler foundation, pursuing solutions for americas neglected needs, and aruba tourism authority. Planning a vacation escape that is relaxing, inviting, and exciting is a lot easier than you think. You can find it here in aruba. Families, couples, and friends can all find their escape on the island with warm s d