Page 6 - Trade Rep News Today

Chinese even though theyre very young. they were taught. arthel: allison barber joins us live from the white house with the latest. allison. >> reporter: china according to the u.s. secretary of ag agriculture committed to buying an additional 10 million metric tons of u.s. soybeans during the meeting in the oval office yesterday. sonny perdue said it is proof the strategy is working. he called it a show good faith by the chinese, an indication of more good news to come. president trump expresse...

Reading the tea leaves. how is it looking for a new years rally? >> well, i suspect as peter indicated, we may have found a bottom at the end of last week. you had a bit of a recovery. but if i knew how to predict what was going to happen in the stockmarket, we wouldnt be sitting here, none of us. but i do think that were not going to get a lot of legislating out of washington. >> you dont. >> i dont expect theres going to be a lot of cooperation out of nancy pelosi and the president. so i think...

Im hopeful it will and i have been talking to the u.s. trade rep for months and months on strengthening the labor enforcement. we will still get there. >> its fascinating because this is like immigration on the presidents issues. republicans and democrats are more prepared than ever to push back. >> and look, he may want to change it, but under the rules, they are fast tracked and that means they cannot change it in congress. they have to either take it or leave it. if they leave it and trump ap...

This doesnt live up to the promise that the president said by stopping outsourcing. it doesnt do that yet. im hopeful that it will. ive been talking to the u.s. trade rep for months and months on strengthening the labor enforcement. we will still get there. >> lets talk about general motors. you slammed the company for, quote, corporate greed at its worst, after announcing its laying off 14,000 workers, including almost 2,000 in ohio after the trump administration imposed sweeping tariffs, which...

Usmca? >> the work is not done yet. i understand the president said its final. the president needs to talk to congress on this, and we can go back to the table with the mexicans and the canadians and do stronger labor stuff. mexico hasnt even passed its promised strengthening of labor standards and labor law it said it would do in the negotiations. theres now a new mexican president who is more pro-worker than the outgoing president that signed the usmca. im hopeful with the house of representat...

Talks and another thing for walmart to request your from the trump administration and officials that tariffs will not result in higher prices for the consumer. not true according to the worlds biggest retailers including the biggest. walmart sells around $300 billion worth of goods to the american public each and every year. the issued a letter to the u.s. trade rep. on friday saying prices will go up for a lot of items because of the china trade fair. among them they say shampoo, futons, gas gr...

This, mark, almost 300% tariff. nobody talks about that. reporter: in addition to dairy tariffs, there are reportedly disagreements over a ten-year requirement for data protection for biological drugs and how that might impact the pharmaceutical industry and the cost of drugs. when asked biabout it, canadas trade rep said she would not negotiate in public. >> we are working very hard and making progress. were not there yet. this is a very complex agreement and we are going to continue working at...

We are not within 70 days of an election that is probably going to have a democratic house in 70 days. now, why would a democratic house go along with any type of trade agreement that donald trump has? so i think were dealing, i mean, trump could get this agreement with canada and mexico. but if he is dealing with a speaker nancy pelosi in three months to try to wrath it, that iratify it. and there are republicans against a lot of what is going on here, ben sasse, you might lose republican senat...

"facing trump: mexicans think the unthinkable: leaving after." how much -- how wrong, i would say, where many of the experts in what was possible between mexico and trump? >> i think a lot of people thought it was unavoidable, it was going to be a disaster, you know what, laura? a lot of people thought nafta would be over last year, early last year. that there was no way to fix this relationship in a way that would be constructive to both sides. we proved them wrong. through very disciplined ten...

Questions, andrea. let me tick through a couple of the top lines here. the president wanted to focus on school safety as we prepare to enter a new school year. he went around the table and talked to some of the key players about what specifically theyre doing to make sure they make schools safer heading into this new year, including betsy devos, jeff sessions, kirstjen nielsen. and then he also talked about trade. he wanted to focus on trade as well. when he opened it up to robert lighthighser, ...