Page 32 - Soy Beans News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> exactly. and the concessions they're making are not concessions. they're saying we're going to buy more soy beans. they're not saying they're going to change their approach to intellectual properties. >> they already wanted more soy beans. >> exactly. they're not saying they're going to change the system of subsidies to push china forward on important new industries like artificial intelligence and other things. the u.s. is not achieving its goals here. what they're doing is providing some face-saving cover for the president to get out of commitments that he overcommitted to in the first pl...

Handy here. >> china is a big player in this as well. the united states is trying to do a big trade negotiation with china at the same time, the enabler of north korea. you've got three dimensional chess going on in this way. we heard from the chinese foreign ministry that, no, no, no, we're not going to buy $200 billion more of american goods. that's an untrue rumor. there's a lot flying around here about these trade negotiations, breanna. >> yes. and obviously you probably know better than any of us. how would they get to this $200 billion number, right? no one needs $200 billion worth of so...

Trade talks between the u.s. and china. u.s. officials say china offered to buy more in u.s. goods, slashing the trade deficit by $200 billion. and then china denies it. that top line number matches what the u.s. demanded in beijing two weeks ago. if this were to happen, china would struggle to buy $200 billion more in u.s. goods. it only bought $130 billion overall last year. the two biggest purchases were planes and soy beans. a deal could ramp up sales for boeing if they were to try to reach that $200 billion number, or china would have to eliminate the tariffs on farm products. also unclea...

Things, the trade deal and the rescuing of zte. >> it may be but it depends on what we get in return for it. now the latest report is that china is agreeing to take off of these tariffs on our soy beans and our pork and so on. i guess my big point this is all an action right now, we have to see what the final deal is before we can criticize it. >> norm, what are you saying about that? steve is saying there's no evidence of a quid pro quo yet three days before this tweet about rescuing zte, you do have a big influx of chinese government money to a project that is going to benefit a trump projec...

Founders so knew this was so important, they didn't require a quid pro quo. republicans are the ones saying zte is linked to iran, to north korea. they're a cyber threat, they're a security threat. this isn't about pork and soy beans. this is about the national security of the united states. and the money raises a constitutional violation. it is just wrong, steve. it's wrong! >> let me ask you a question because you are the ethics czar, i'm not. what should donald trump do? does he have to divest himself from every -- he owns real estate developments all over the world. >> i'll answer your que...