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On Monday, the Dow got a bounce thanks to Boeing’s stock among other factors which included tariff news from China. Bob Pisani has more for us from the New York Stock Exchange.
President Donald Trump said on Friday he had a “very good talk” with Chinese leader Xi Jinping about the trade deal, indicating more progress has been made after they reached the initial agreement.
Kayla Tausche reports from Washington on Congress passing the new trade agreement between the U.S, Mexico and Canada which will replace NAFTA.
Nike sees China as one of the company’s key markets and despite all of the tensions during the height of the China-U.S. trade war, the footwear and apparel company still grew its operations there. Seema Mody has more for us.
U.S. Treasury Secretary Steven Mnuchin said the new North American Free Trade Agreement will give the U.S economy a boost.
Treasury Secretary Steven Mnuchin said Thursday he has no doubt that U.S. and Chinese trade negotiators will sign their “phase one” trade deal in early January.
Kayla Tausche has more for us on the loose ends from last week’s phase one trade deal between the U.S. and China.
Economist Mohamed El-Erian told CNBC on Monday that he doesn’t think the phase one trade agreement is the first step to a long-term cooling in U.S.-China relations.
After the U.S. and China announced the “phase-one” trade agreement, a critical point remains in question: agricultural purchases.
On Friday, the U.S. and China made it official agreeing to a limited trade deal removing what many considered a big uncertainty for the markets. Kayla Tausche and Eunice Yoon has more for us.
Joining us on the show is Michael Farr, President and CEO at Farr, Miller & Washington, to talk about more about the latest on the phase one trade deal and how will it may impact the markets.
Chinese officials have been set to hold a press conference regarding the trade talks on Friday, at 9:30 a.m. ET, but at the last minute delayed until 10 a.m.
His tweet comes ahead of an expected meeting with top advisors on whether to delay the next round of tariffs on Chinese goods set to take effect Sunday.
15% tariffs on about $160 billion in Chinese goods are set to take effect on Sunday.
Republicans have pushed for the House to approve the NAFTA trade deal replacement by the end of the year as impeachment and elections threaten to take up more of Washington’s attention.