republican congresswoman kathy mcmorris rodgers on gas prices hitting $5 a gallon for the first time in the history, and bill barr on something he told january 6th committee and with our very own lucas tomlinson at white house on a president fending off attacks, it s that 70 # inflation show all over again, and he is the not too happy star. welcome, everybody, i m neil cavuto. happy weekend to you. let s go first to my buddy lucas on how the administration is handling all this bad news on prices. reporter: well, neil, the labor department issuing a brutal report yesterday saying that inflation is getting worse, not better. the average cost of goods up 8.6% over a year ago. now, president biden speaking in los angeles in addition to blaming putin, he s blaming exxon for the skyrocketing prices. they have 9,000 permits to drill. they re not drilling. why aren t they drilling? because they make more money not producing more oil. the price goes up, number one. and number two
Asked is around a new winning streak will the shine wear off the premier cryptocurrency. I think fizzle and lets do business another day of falls for world stocks but theyve regained some ground following positive signals from the u. S. Treasury secretary this time stephen asia saying a trade deal between china and the United States is about 90 Percent Complete Missions Begin sparked hopes of a deal at this weekends g. 20 summit in japan where trade is expected to top the agenda u. S. President doll trump will meet his chinese counterpart xi jinping in attempts to calm the trade war its been raging for almost a year now. This is the current status of the u. S. China trade conflict. Washington has slapped 25 percent tariffs on nearly half of all imports from china. The levies now affect 250000000000. 00 worth of goods. And u. S. President on the trump is threatening to extend the tariffs to the rest of chinese
imports. China has retaliated with Counter Tariffs Beijing is charging extra
Another day of falls for world stocks but they regain some ground following positive signals from the u. S. Treasury secretary this time stephen asia saying a trade deal between china and the United States is about 90 Percent Complete russians begin to spark hopes of a deal at this weekends g. 20 summit in japan where trade is expected to top the agenda u. S. President all trump will meet his chinese counterpart xi jinping in attempts to calm the trade war its been raging for almost a year now. This is the current status of the u. S. China trade conflict. Washington has slapped 25 percent tariffs on nearly half of all imports from china. The levies now affect 250000000000. 00 worth of goods. And u. S. President on the trump is threatening to extend the tariffs to the rest of chinese imports. China has retaliated with Counter Tariffs Beijing is charging
extra duties on u. S. Goods worth some 110000000000. 00 the 2 countries are still negotiating but so far talks have been unable to reso
general, president trump responded to that saying of his daughter, ivanka trump was not involved in looking at or studying the election results. she had long since checked out and was, in my opinion, only trying to be the respectful to bill barr and his position as attorney general. by the way, he added in parentheses that he sucked, referring to you. what did you think? [laughter] well, i considered the source. that wasn t new, neil. on december 1st i made a public neil: no, i remember quite well. you re right the sort of stirred up the whole thing. yeah. and just to remind people on december the 2 22nd before i left the department, i had a press conference and i made the same point, and then i obviously went over some of the details of my thinking in my book. so it wasn t new. but i think, you know, the president s response is something i would expect from him which is, essentially, ad
imports. china has retaliated with counter tariffs beijing is charging extra duties on u.s. goods worth some $110000000000.00 the 2 countries are still negotiating but so far talks have been unable to resolve their dispute businesses and investors fear it could escalate and who will end up footing the bill will there be any winners each side is calling the other loser but so far one real loser is already evident global commerce. that s why trade is expected to top the agenda at this week s g. 20 meeting in osaka japan. will trump and she find a way to diffuse the tension at their last meeting in december the 2 leaders announced a kind of truce which has notably failed. the americans also sound overly optimistic on another front in their trade war top u.s.