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FBC Making Money With Charles Payne July 14, 2024

Charles President Trump says china wants to make a trade deal. Need as deal with the united states. These comment coming earlier at a press conference at the end of the g7 summit. President think as deal with china will be made. Hillary vaughn at the white house with very latest. Hillary . Reporter china calmly wants to make a deal with the u. S. And President Trump said today he wants to do the same. China indicated theyre ready to go back to the negotiating table to restart the conversation. Treasury secretary Steve Mnuchin also confirming that talks between the two trade delegations will begin soon. We appreciate the vice premier liu he, his comments that he just came out with and we look forward to continuing our discussions with him. Ambassador lighthizer and i will continue those shortly. Reporter telling fox news ....

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FBC Cavuto Coast To Coast July 14, 2024

And out of beijing. Edward lawrence with the latest. Reporter china added two more items, at least two more items from the exemption list for tariffs. That would be soybeans and also pork. The u. S. , this would fit in line with a purchase that was confirmed by the u. S. Department of agriculture today of soybeans by china and chinese companies, possibly in the future. We could see more pork bought from u. S. Farmers. Now the President Trump says that he exist as Large Purchase from u. S. Farmers by china. The president also adding to the confusion about an interim deal that has been floated. Now yesterday the president coming out saying that he would consider it but then in the same breadth the president came back, said, quote i would rather get the whole deal done. U. S. Trade representative robert light highser is working on the whole deal now. In fact the deputy level tr ....

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FBC Making Money With Charles Payne July 14, 2024

Issue. That and much more on making money. There is greating feeling about trade talks an shut kel button potential deal . Want to bring money map press, chief investment strategist Keith Fitzgerald to join us now keith, let me ask you, how surprised at you of this really over the last couple weeks . As usual throughout the last 10 years, it always felt like a stealth rally but even more so in the last couple weeks . Well it has, save the one thing you and i talk about frequently which is china will come to the table and Companies Look forward. Was it a surprise to me . No. Was the extent of the rally . Yeah, that was a little refreshing or surprising of. Charles we got retail sale numbers out this morning it was better than expected. As i look at this report, Motor Vehicle sales were strong. Absolutely through the roof ....

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FBC Making Money With Charles Payne July 14, 2024

Rates. A couple members wanted to cut by 50 basis points instead of 25 basis points last meeting and most members viewed the 25 basis point rate cut as quote a midcycle adjustment. Members think trade tensions are far from settled. They expect trade uncertainty to persist. While the minutes are released with a threeweek lag and since they met, President Trump decided to move forward on further tariffs on remainder of chinese imports, it appears fed officials view actions like that likely to persist. So bottom line here, charles, while the fed cut last meeting it is unclear whether further Interest Rate cuts are going to be a slam dunk as they want to preserve optionality even in the face of ratcheting higher trade tensions. Back to you. Charles jennifer, thank you very much to help hash this out, President Trump continu ....

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FBC Making Money With Charles Payne July 14, 2024

China they have agreed to return to the negotiating table next month in washington. That news has the market pointing up. Will there be a breakthrough to end the stalemate . Edward lawrence live at the white house with the very latest. Reporter reading the crystal ball, the last phone call was 23 days ago. They said they would set a meeting between the primary level, that timeline a little bit delayed. The call happened thursday nine cheese time. On the call it set a meeting for early october. Leading that call there, are the four people on the screen there. U. S. Trade representative, the treasury secretary, the chinese vice premier and Chinese Commerce minister. In a statement from the u. S. Trade representatives office, theyre saying deputy level meetings take place midseptember to lay ground work for meaningful progress. The statement says, the primary level meeting will happen at some point in a few weeks. The chinese state ....

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