Driver Forjust News Today

trade and political tensions with china. the move sparked a warning from beijing, which considers taiwan part of chinese territory. samira hussain has more. trade between the united states and taiwan amounts to about $75 billion a year. that number is dwarfed by chinas trade with taiwan, which stands at a massive $120 billion a year. by signing this trade deal, the us is looking to build its presence in asia and rival china. taiwan for its part is looking to reduce its economic depende...

that gives no—one everything they want, but thats the responsibility of governing. this is a deal and its good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nations history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. thats a b...

i hear some of you guys say is, "why didnt biden say what a good deal this is?" why would biden say what a good deal it is before a vote? you think thatll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think weve seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us defaul...

on the prize, that passing this bill, getting it to the president avoids the catastrophic thing that would hurt millions of americans. and theres a reason world leaders were worried about this. this would have impacted the global economy. something that did rally wall street though today was the chip—maker nvidia. for about five minutes it was part of the elite club of us companies worth a trillion dollars. the companys share price shot past $412 on tuesday, having risen by more than...

i hear some of you guys say is, "why didnt biden say what a good deal this is?" why would biden say what a good deal it is before a vote? you think thatll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think weve seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us defaul...

this is a deal and its good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nations history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. thats a big win for the white house. why? well, it means that, forjoe biden, who of course is ...

gives no one everything they want, but thats the responsibility of governing. this is a deal and its good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nations history. the two parties have untiljune the 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. thats a big ...

with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight...

the mood in washington. with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we w...

though the debt ceiling deadline on the 1st ofjune is just one week away. from new york my colleague sums up the mood in washington.— york my colleague sums up the mood in washington. were ust one week left i mood in washington. were ust one week left untili mood in washington. were ust one week left until treasury h one week left until treasury officials say the us will run out of cash to pay its bills for the mood music from washington was upbeat that a deal can be done to avoid de...