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Moving news from around the world, from hong kong to new york to d. C. We start off with the latest in trade. Larry kudlow im a white house Economic Advisor, signaled the u. S. And china are close to signing phase one. We are coming down to the short strokes. We are in communication with them every single day right now. Joining me on the phone from hong kong is enda curran. Does china agree with this assessment . Musiccertainly, the mood from both sides now is that they are on track to reach some kind of agreement. Mr. Kudlows comments came only a day after china agreed yesterday to lift a ban on poultry imports from the u. S. They started to buy u. S. Farm produce again last month. Clearly some things are coming together, but there are outstanding issues. We still dont know where either side are on tariff removal. That is something of a redline on the chinese side. There are still other areas, like ip protection and the like. S ....
Years since the fall of the berlin wall we look at how life changed for towns along the former inner german border. This is the w. Business im joined on in berlin welcome china and the u. S. Have said theyve agreed to ease tariffs on each others goods as part of a socalled phase one deal now tariffs have been the weapon of choice especially for the west and the months long trade duel between the worlds 2 biggest economies the announced rollback is fueling hopes of the trade wars eventually and. The announcement came from beijing where a Commerce Ministry spokesman said china and the u. S. Would remove tariffs in stages there has been no reaction from washington but hope has been growing for signs of tension will progress to a wider deal. If the 2 sides reach a phase one agreement both sides should in accordance with the contents of the agreement revoke the terrorists already in effect in the same proportion and simultaneously t ....