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Stocks slipping after hitting record highs this morning, u. S. China trade agreement came occupant and that is why we need the exact details from someone on inside weve got to go to Edward Lawrence joins us now from the white house, edward break it down please. We have the worlds first second largest economy saying phase one trade deal here chinese say that this is going to boost global markets, people market around the world, the u. S. , saying that this is going to rebalance, the trade relationship with china, as well as structural is change inside china chinese outlined Nine Chapters great perks for intellectual property ending forced transfer technology expanding is on, buying noer agriculture President Trump said china will apply 50 billion dollars more agriculture chinese according to source will not write that in ....
Other asian economies im joined by our director of the mocker Economic Research division of the Asian Development bank so good to have you with us lets start 1st of all with this latest development what do you make of china asking the u. S. To be rolling back levies so that they can buy Agricultural Products of beijing that cash strapped its a bit funny. Chinas a 12 trillion dollar economy they can obviously afford to buy more of a cultural products if they want what is true and whats maybe not so funny is that the trade the trade war has really had an impact on the chinese economy and our Asian Development all of that that came out 2 weeks ago our estimate is that the tariffs currently in place have already of will impact china by. Taking away about ....
A thread of your to. Go through point of a more on the impact of this protracted trade war is having on china as well as other asian economies im joined by our director of the mocker Economic Research division at the Asian Development bank so good to have you with us lets start 1st of all with this latest development what do you make of china asking the u. S. To be rolling back the levies so that they can buy Agricultural Products beijing that cash strapped but thats a bit funny to all the chinas a 12 trillion dollar economy they can obviously afford to buy more of a cultural products if they want what is true and whats maybe not so funny is that the trade the trade war has really had an impact on the chinese economy and our Asian Development i think ....
A more on the impact of this protracted trade war is having on china as well as other asian economies im joined by our director of the mocker Economic Research division at the Asian Development bank so good to have you with us lets start 1st of all with this latest development what do you make of china asking the u. S. To be rolling back levies so that they can buy Agricultural Products of beijing that cash trucks but thats a bit funny. Chinas a 12 trillion dollar economy they can obviously afford to buy more of cultural products if they want what is true and whats maybe not so funny is that the trade the trade war has really had an impact on the chinese economy and their Asian Development all of that that came out 2 weeks ago our estimate is that th ....
Years, will the economic progress made under trump overcome the negative polls about his style . I have been saying this for months, welcome to the program moodys. A Strong Economy would be very difficult for democrats to overcome, they can impeach him, knock him down in the press. But people love prosperity, he will win reelection if the economy remains as strong a year from now, i say, that moodys poll, they were wrong to Donald Trumps elect in 2016. Its. Steve took my last few words, they were wrong most recently. David they were wrong in underweightinunderweighting tru. No, they were just wrong. It is clear that good economy is going to be good for the president. It is good for the incumbent always with a good economy. With this president we should throw out polls and models, they have not work. Like today has biden up 14 , we know that the dems are not ringing the bell on ....