Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panel of Witnesses Today is the economic and security subcommittee. He focuses on the very important topic that i think has a lot of bipartisan interest in. And that is the economic and geostrategic challenge that the rise of china poses for the United States. Much as today, but in the future. China, communist party, Peoples Republic Party of china. Unfair trade practices, intellectual property theft and market manipulation and very prominently in my view, m nonreciprocal treatment. Not just an economic room but in many realms. It has been a force in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds Fastest Growing economies. Averaging close to 10 percent growth from 1979 to 2016. In 2014, china was the Worlds Largest economy and nursing power bases according to the international monetary. I believe there is a strong bipartisan
Official and we are on record high watch today. The s p seven points above an alltime closing high and the nasdaq trading in record territory as well today. Joining us for the hour is stephanie link from atiaa company. The market moved higher in the morning and weve sat there all day, upward bias because u. S. China trade headlines we have three reasons the deals that you mentioned early on, theyre positive for shareholder Value Creation but more positive in my mind because the ceos are showing they have confidence and they have visibility in spite of the trade tensions which to me is a very powerful statement thats one of the reasons for sure one area thats not getting a lot of attention, the german Business Confidence ticked up month over month its not back to july levels, i get it, but theyre making progress, right . And then of course the china talking about ip theft and being more friendly, more positive gesture. Who knows how thats going to turn out but those are the three reason
And mohammed was killed inside his own home. As he was mourned here, other children were being mourned in syria, including a 12 year old welcome to bbc news. Boy killed by a turkish the pentagon has confirmed the Turkish Forces have fired on us rocket attack yesterday. Mohammed was taken away for burial, a life cut short that leaves forces in qobani in Northern Syria. A broken family. Turkey says it was responding to an attack in the area and didnt intend to target the us. It can only increase tensions after the turkish offensive against Kurdish Forces allied with the us began on back across the border, in syria, thursdays. Theres been heavy fighting between and dozens of a car bomb in the city of qamishli. Islamic state said it carried out the attack, kurdish fighters have lost their which killed at least lives. Turkey wants to create a three civilians. Buffer zone across the syrian border. Although garin has this this is just what many have feared and the kurds have predicted is taki
Leaving the u ess inor tariffs. The stock market plunged per our guests white house economic adviser larry kudlow and trump ally South Carolina senator Lindsey Graham. I still have a lot ofatile. Brennan and in a new cbs news poll, americans shared their thoughts on the economy, their finances, and whether President Trump gets the credit. Plus the race for president shrinks as more democrats call it quits. Lets get this done and win. Thank you. Brennan well hear from one Still Holding strong, minnesota senator amy klobuchar. All that and political analysis of the week up next on face the nation. Brennan good morning. And welcome to face the nation. Today, we are focusing on the economy, its impact on policy and politics. Throughout our show, you will hear from voters about what it means for them. And we begin this morning with White House National Economic Council director larry kudlow. He joins us from france. Good morning, larry. Good morning, margaret. Thank you. Brennan the preside
We have dense fog vineland millville area south through the bay land waters, were down to. 3 in millville. Half mile in dover. 3 miles in reading and. 3 in lancaster. Were not seeing any rain this morning, just a lot of patchy fog and low level clouds. Satellite and radar, locked in pretty good, our winds right now are out of the northeast what that does, you can see the moisture, the Atlantic City ocean obviously here, it brings all the moisture inland, the atmosphere gets souped up, you get low level clouds. Cloudy skies drizzle throughout the late morning hours, the lighter rain overspreads the area later this afternoon, periods of rain which will continue overnight tonight, theres sunday right there. Both today and tomorrow not looking very nice around the delaware and lehigh valleys. Today, cloudy skies, rain and drizzle by afternoon, the 1 00 p. M. Temperatures 52. The 7 00 p. M. Temperature, 48. Somewhere in between we should manage a high of 54. Guys . All right, chris, thank y