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High-level trade talks with China kick off in Washington

High-level trade talks with China kick off in Washington


MARIA: WELCOME BACK MARKETS ARE HIGHER NOW, TAKE A LOOK, PRETTY GOOD REVERSAL UNDERWAY, DOW INDUSTRIALS HAD BEEN NEGATIVE WHEN WE STARTED THE SHOW BUT NOW UP BY A FRACTION, HIGH-LEVEL NEGOTIATIONS BETWEEN THE TWO SIDES TAKING PLACE IN WASHINGTON TODAY, CHIEF INVESTMENT STRATEGIST.>>GOOD MORNING, MARIA.>>HOW CLOSELY ARE YOU WATCHING THIS TO SEE HOW IT COMES OUT FOR A TRADE DEAL OR ARE YOU EXPECTING A DEAL FROM THE TWO NATIONS IN TERMS OF YOUR DIRECTION IN ALLOCATING CAPITAL?>>OVER THE PAST 24 HOURS IT SEEMS AS THOUGH YOU ALMOST HAVE TO WATCH IT MINUTE BY MINUTE IF YOU’RE TRYING TO DETERMINE HOW THE TRADE TALKS, THE 13TH ROUND OF TRADE TALKS THAT ARE HAPPENING TODAY, THEY HAVE BEEN MEETING OR TALK AGO HEAD OF TRADE TALKS TODAY ABOUT WHAT SOME OF THE BACKGROUND ISSUES ARE GOING TO BE DISCUSSED AND WE’VE HAD SOME NEWS ABOUT THAT, BUT IT IS IMPORTANT FOR THE MARKETS AND IMPORTANT TO INVESTMENT STRATEGY IF YOU LOOK AT WHAT THE FED, ONE OF THE REASONS THEY SIDED FOR THE TWO FED RATE CUT THAT IS THEY’VE MADE, IT’S ABOUT SLOWING GLOBAL GROWTH, IT’S ABOUT MUTED INFLATION AND THE OTHER IS ABOUT TRADE UNCERTAINTY. IF YOU LOOK AT WHAT — ONE OF THE ROUND OF TARIFFS THAT’S COMING LATER THIS YEAR IN DECEMBER, IT WAS DELAYED FROM SEPTEMBER 1ST TO DECEMBER 15TH AND IT’S 155 BILLION ON CONSUMER GOODS THAT WAS DELAYED ON PURPOSE FOR THAT REASON, AND, YOU KNOW, ONE THING THAT HAS BEEN A POSITIVE FOR THE ECONOMY IS THE CONSUMER, TWO-THIRDS OF THE ECONOMY IS BASED ON CONSUMPTION AND WHEN THESE TARIFFS START TO DIRECTLY IMPACT THE CONSUMER THAT HAS MORE OF AN IMPACT ON OUR ECONOMY, SO, YOU KNOW, WHAT IS HAPPENING IN TRADE TALKS, IT’S IMPORTANT TO WHAT THE FED IS DOING, IT’S IMPORTANT TO WHAT OUR ECONOMY IS DOING AND CERTAINLY HAS THE IMPORTANT FOR ANYONE OUT THERE MANAGING MONEY TO PAY CLOSE ATTENTION TO AND HOW TO DEVELOP INVESTMENT STRATEGY MOVING FORWARD.>>VERO>>VERÓNICA FROM THE WALL STREET JOURNAL, WHAT KIND OF TRADE DEAL WOULD WE NEED TO SEE TO PICK UP IN INVESTMENT SPENDING.>>WELL, THE THING THAT HAS BEEN CRITICAL FOR BUSINESS, FOR BUSINESSES GOING FORWARD AND, YOU KNOW, MARKETS HATE UNCERTAINTY AND REALLY BUSINESS OWNERS HATE UNCERTAINTY, THEY HAVE BEEN UNABLE TO PLAN NOT KNOWING WHAT TRADE POLICY OR WHAT THE PICTURE LOOKS LIKE, IT’S BEEN VERY DIFFICULT, OBVIOUSLY THERE ARE COMPANIES OUT THERE WHO BUILT THEIR ENTIRE BUSINESS MODEL AROUND THE KIND OF TRADE THAT’S BEEN AVAILABLE TO THEM, THE WAY THAT IT’S BEEN MORE UNRESTRICTED IN YEARS PAST AND THAT’S BEEN CHANGING VERY MUCH OVER THE LAST YEAR AND A HALF AND THEY DON’T KNOW HOW MUCH MORE IT’S GOING TO CHANGE, SO IT’S WHERE THEY SOURCE THEIR — HOW THEY SOURCE MATERIALS COMING IN THAT THEY’RE USING IN THEIR MANUFACTURING OPERATIONS, THEY ARE USING FOR INPUT INTO THEIR PRODUCTS AND WHERE THEY EXPORT, SO THAT UNCERTAINTY IS IMPACTING BUSINESS SPENDING, ANOTHER THING THAT THE FED IS LOOKING AT AND IMPACTING OUR ECONOMY IS ON THE MANUFACTURING SIDE, EXPORT SIDE AND FOR BUSINESS SPENDING AND UNCERTAINTY, SO THAT IS VERY IMPORTANT AS WELL.>>JAMES FREEMAN HERE, LOOKING AT RECENT HISTORY HERE AND MARKETS ARE LIKELY TO RALLY ON ANY KIND OF DEAL WHERE TARIFFS COMES DOWN PEACE REINS AGAIN, DO YOU THINK IT’S GOING TO BE WAIT AND SEE AND WE WILL SEE IF THEY ACTUALLY MEAN IT?>>WELL, AND I DON’T KNOW THAT I COMPLETELY ANSWERED THE QUESTION , BUT IF THEY GOT A DEAL THAT SUSPENDED THE TARIFFS THAT WERE YET TO COME ON OCTOBER 15TH AND DECEMBER 15TH THAT WOULD OBVIOUSLY BE A BENEFIT TO THE MARKETS AND FOR BUSINESSES PLANNING AHEAD, YOU KNOW, WHAT’S OFF THE TABLE RIGHT NOW IS THE IMPORTANT ISSUES TO THE U.S., INTELLECTUAL PROPERTY, SUBSIDIES FOR CHINESE INDUSTRY, THE — THE BROADER OR MORE IMPORTANT ISSUES FROM A SECURITY STANDPOINT THAT THE U.S. IS CONCERNED ABOUT, CHINESE — CHINA WANTING TO NARROW THIS DOWN TO MUCH MORE SMALLER PACKAGE FOR NOW WHICH WOULD BE BENEFICIAL FOR BUSINESS SPENDING FOR THE MARKETS, EVEN IF THE DEAL GOT SIGNED THAT WOULD BE A STEP FORWARD. MARIA: ISN’T THAT A VICTORY FOR CHINA, DAVID, THIS ADMINISTRATION HAS SPENT A LOT OF TIME SPENDING THE ISSUES AND IF DOES GIVE ON THOSE THINGS, THAT’S EXACTLY WHAT CHINA DOES, DOESN’T IT LOOK LIKE A LOSS FOR THIS ADMINISTRATION? I DON’T KNOW HOW THE MARKET — I KNOW THAT WOULD BE POSITIVE OVER SHORT-TERM AND CAUSE KNEE-JERK RALLY BUT SOON INTO IT THE MARKETS WOULD REALIZE THE U.S. IS GETTING A GOOD DEAL.>>MARIA, AS YOU SAID — VERY WELL SAID AND ACCURATELY SAID EARLIER THIS WEEK, SOME OF WHICH THEY ARE AGREEING TO BUY ARE THINGS THAT THEY DESPERATELY NEED ANYWAY, RIGHT, THE AGRICULTURAL PRODUCTS ARE THINGS THAT THEY DESPERATELY NEED ANYWAY SO IT’S REALLY FULFILLING A NEED. MARIA: YEAH, LIKE PORK GIVEN THE SWINE FLU, THEY NEED PORK AND SOYBEAN. REAL QUICK, CENTRAL BANK APPROVED QUARTER POINT RATE CUT, ANYTHING YOU WANT TO SAY IN TERMS OF HOW YOU ARE ALLOCATING CAPITAL IN THE FACE OF ALL OF THIS?>>YEAH, SO WE HAVE INCREASED HEDGES WE HAVE IN PLACE LIKE GOLD, LONG DURATION BONDS, THOSE BENEFITING FROM FED CUTTING RATES, CUT IN JULY AND CUT IN

Comments (94)

  1. Free the Uighurs from the ORGAN HARVESTING CAMPS in Xinjiang province! Youtube censors the following words used together as one comment. Post the words i quote as a single comment in the replies to this one as a single comment for proof that YT, an AMERICAN company is censoring for China:

  2. Made the deal China.

  3. Who gone win basketball game US vs China.

  4. After all this China knee bending by blizzard and NBA I don't even want a deal

  5. If XI agree on US demands .XI will be pays political prices for this in China.

  6. If Erdogan sultan Ottoman Empire opens border with EU about 2 millions Syrian refugees move to Europe.

  7. Xi is evil Winnie the Pooh 😆

  8. HEY FOX>>>>>>>>>>>>>>>>>>>DID YOU REPORT THIS?>>>>>>>>>>>>>Two associates of Rudy Giuliani connected to efforts to dig up dirt in Ukraine on Democratic presidential candidate Joe Biden were arrested Wednesday on criminal charges for violating campaign finance rules, according to a spokesman for the Southern District of New York.

    Igor Fruman and Lev Parnas were detained at Dulles Airport outside of Washington and are expected to appear in court in Virginia on Thursday.

    The investigation was conducted by federal prosecutors in New York.

    Parnas was Giuliani's fixer in Ukraine, introducing him to current and former officials as far back as 2018

  9. Consumer spending coming from debt and credit cards not from manufacturer sectors.

  10. How is America doing well and we are $22 Trillion in debt? Come on Huge Downs!

  11. Consumer spending has nothing to do with tariffs sanction or just minimum.Slow down in manufacturing sector gone push down for consumer spending not tariffs sanction on China.

  12. Ban ALL Chinese Trade! Liberate Hong Kong!

  13. Tell China to go to hell.

    Boycott China

  14. Trump's Crushing Handshake!
    Go Nationals….2020!

  15. No deal, why work with China, they will lie to your face. Old enough to remember when they were putting lead in the toys to poison the kids over here. I want nothing to do with them.

  16. Uh, Oh! Looks like there's Big Trouble in Little China! xD

  17. China does not want to compete on an even playing field, how cowardly, get off world welfare china, and maybe you can get some respect. Also allow your couple's to have more than 2 kids, and stop forcing abortion or fiscal penalties, if they get pregnant with a third.

  18. Don't Talk With Good Face, .. Other Side His Arest Mrs Meng CFO Huawei Company Chaina Country At Not Found Guilty, …. God Bless All, ….. Cheerio.🌠🇨🇳🌠👍👍👍🌠🌟🌠.

  19. Trump is brilliant, he doesn’t get involved in anything regarding Hong Kong, unlike the NBA team who just shut themselves on the foot.

  20. If President Trump had support from congress this would be done and beneficial to US. Too much backstabbing politics and treason mixed in. Make it happen in 2020 and see how China reacts.
    KAG 2020!!! Trump and Republicans!

  21. We dont need china.

  22. China is lowering it's import bill, the people are locked into generational debt, housing is 100 times annual income. And they will begin to retreat into a more isolationist mode. Cause they have been giving the rest of the world the middle finger a long time

  23. Need to sell those soybeans fast this harvest else no Trump2020.

  24. Well the stock market numbers the Democrats certainly can't lie away and spin they are what they are

  25. We’re waiting to here China says, no deal

  26. What exactly do we get from China that we can't make ourselves?

  27. The last dollar I spent on the nba was never. Thank goodness. I hope the NBA realizes the mistake they just made.

  28. China is a much bigger threat to the west than anyone else.

  29. Trump wrote the book on the deal. Trump is America 1st. Trump is honest. Trump is going to be reelected.

  30. To hell with China bankrupt them they have earned it all they're products are poison and garbage that is a fact .

  31. I don't mind China's involvement in the global economy. Trade is good. It always has been. What I want know is… Why, in the hell, do they think they can use their place in the economy to censor the Free Speech of our nation.

  32. The CCP is a communist regime bent on world domination and the US is helping fund this? How is this America First?

  33. Someone needs to burn china to the ground along with its president and socialist pig government , America sides with Hong Kong

  34. Expect this on and off trade war for the next 20 years or until US go bankrupt whichever come first.

  35. I've done business in China for over 30 years…negotiating, ending negotiations, reneging on agreements at the last minute, comming back over and oveer is how they do it in China…Fight for every last point to utter insanity. Eventually they'll make an agreement because they have to, but will make it tough. They take a very LONG view….very LONG.

  36. Hmmm.
    What just happened? Did Xi paying for agricultures product services and sued for theft of USA intellectual properties?

    So Ivanka training for agriculture's and family lifting propaganda across world. Ivanka spieces begun the art of living with yoga postulations🤔. Millennials are very good at art of living and they already involved in Y8, J8 summits and very orchestral player's.

  37. Interesting to note that Bloomberg, CNN, NBC, CBS, MSNBC, CNBC all are rooting for the talks to fail. Only Fox sounds positive

  38. If someone thinks that the market is going down those are the ones pushing it down a trade deal is essential to free markets with fair trade how do you come to a deal trade deals are like a marriage if it's not 50/50 then there is no point of waisting your time both nations are competitors of each other why fight eachother and work towards the same Goal

  39. Communist China can’t be trusted we need to stop trade with China, almost everything in our biggest retail stores including Disney and Universal Studios are made in China.

  40. Communist China can’t be trusted we need to stop trade with China, almost everything in our biggest retail stores including Disney and Universal Studios are made in China.

  41. Haha … I thought only our Chinese can't predict Trump 😂😂😂

  42. I’m sick of communist living on earth

  43. I love when Biden say I will beat him like a drum, helloooooo a drum stays still and strong as much you drum on it, so I agree with you Biden first time.

  44. 评论区看不下去了,傻逼真多,和国内差不多。

  45. Just look at China Liziqi: smart,hard working,tough n down to earth.1400 million people there r like that.They can survive w/nothing! Extremely tough people! Who gave Trump confidence to start the trade war?😂😂😂

  46. Keep tariffs on the Chinese Thiefs

  47. Hey trump

    Stick it to those communist

  48. Bring the Communist State of China economically down to its knees

  49. The DNC and Hillary 'who cares about all the oppressed' Clinton are gonna be in big big trouble when their so-called hacked server is found in the Ukraine…

  50. Hope China walks away and imposes more tariffs on farm goods and I'm more then willing to buy Chinese good with tariffs on it then union made in America garbage because I'll still be paying less

  51. Ey china join russia and kim,,,so your yen will be higher than us dollar!!!😆😆

  52. up 200 now 2 hrs later

  53. U.S. don't need to trade with China. U.S. should be self sufficient.

  54. Oh you forked tongue professionals…Trump has taken away China's access to long beach port…now what???

  55. over 1 million people in concentratincamps

  56. China didnt help in Normandy.

  57. I don't understand what are they arguing here. It is so sad

  58. Markets do not express reality.

  59. What the matter with Maria , she’ on speed? Scary…

  60. IF China does anything it will only be a portion of what could be promising on the trade deal. However, I'm sure that China will back off until the results at the 2020 election. Hoping that a dem will win. China will probably be really disappointed because with this Ukraine inquiry and the House NOT following their own rules is looking more and more Trump will wear his crown again to MAKE AMERICA GREAT AGAIN.

  61. Naive. Lot of Americans views of China are actually 20 years behind. They didn’t visit China in recent couple of years or never been there. Views were seriously misled by the lying media like CNN.

  62. Whether you accept it or not, Chinese are extremely smart, hardworking, and down to earth. They deserve the success n the future.

  63. cCP is destroying Hong Kong, sending undercovers to sabotage utilities, murdering protestors, telling lies after lies in CCP controlled media.

  64. If China was not stealing from companies they would have no issue putting in protections against it.

  65. I believe Trump wants to pull away from China – but it must be done slowly & carefully 👌

  66. Mmmm We should realize we can operate a healthy growing economy without China, however, they cannot have a robust economy without the USA as a consumer. Yes, we can wean ourselves off of China and our economy in the midterm and long run could actually be more stable in the future. IF China can meet USA essential demands and be verifiable – fine we all win — IF not, forget China completely. It CAN be done.

  67. China is just dragging their feet until 2020.

  68. OPINION:

    IT IS SAID: THAT WHAT CHINA DOES IS TO BUY YOUR PRODUCTS, AND WOULD SELL THEM TO OTHER CONTRIES, SIMILARLY, OR IN OTHER PRODUCTIVE WAYS, LIKE DRINKS, OR FOODS, OR SMOKE, OR CLOTHES, CARS, OR PHONES, OR RADIOS.

    THAT'S WHAT CHINA AND CHINESE BUSINESSSMEN DID IN THE OLD DAYS.

    BUT, IT BEGAN TO IMPROVE MUCH BETTER, WHEN IT BECAME ECONOMICALLY CAPITALIST, BUT MEANWHILE STILL A COMMUNIST.

    CHINA SEEMS NOT FAVORABLE TO RECEIVE IMMIGRATION, BUT WOULD RATHER NOT CARE, IF THE CHINESE MAY IMMIGRATE TO SOME OTHER COUNTRIES.

    THEY SEE CHINA'S ADVANTAGE THAT WAY, SPECIALLY IF, IT MAY HAPPEN, THAT THE IMMIGRANTS TO CHINA, IF CHINA MIGHT ALLOW, WERE TO BE POOR, LAZY, AND COMPLAINING PEOPLE.

    BUT, CHINA REALLY DIDN'T CARE MUCH ABOUT TOURISTS OR VISITORS THAT MAY LIKE TO COME TO SEE CHINA.

    YET, DOES CHINA REALLY CARE FOR COLORED PEOPLE?
    HOW COME THE CHINESE SEEMED QUITE FAR FROM BEING SO, AND NOT REALLY COLORED PEOPLE THEMSELVES ?

    CHINA REALLY KICKED OUT BUDDHISM, FOR IT DIDN'T LIKE THEM, THE BUDDHISTS.

    IT ALLOWS CATHOLICISM, BUT AT TIMES THE CHURCH THERE DIDN'T LIKE THEMSEELVES, TO BE INDEPENDENT FROM ROME.
    BUT, THEY ALSO DIDN'T LIKE PROTESTANTISM, OR ISLAM OF THE MUSLIMS.

    IN THAT CASE, IT MIGHT BE BETTER FOR CHINA , MAYBE, FOR THEM TO BE AN ORTHODOX .

    SO, IT'S MUCH BETTER FOR CHINA JUST TO BE CHRISTIAN, AND TO DO AWAY, OR TO KICK OUT COMMUNISM.

    IT CREATES PROBLEMS TO OTHER COUNTRIES OF THE WORLD.

    IF CHINA DOES THINK ABOUT IT.

  69. Give me Biden and you can have the same deal as Turkey. Taiwan!

  70. I don't care how the trade talk turns out. I am here because that MILF in the yellow jacket is hot.

  71. No deal, why work with USA, they will lie to your face.

  72. Trump is looking for a new middleman to funnel illegal monies

  73. Lmao what’s president dumbass doing now

  74. go for trade the longer the better ha……nuts Mr t

  75. Note: Talk with China deal with few important and a lot more BS as usual. sm

  76. We fund the Chinese military buying their cheap products, losing jobs, then seeing their military as a threat spend more tax dollars on our military. Am I wrong for seeing a problematic cycle here?

  77. Take away China s Develpoping Nation status at WTO. They do not deserve the advantages it brings any longer.

  78. The ChiComs can go to hell. Just put 100% tariffs on them and let it ride. Don’t make any deals with them. We need our trade with China disentangled immediately.

  79. Will China mention the NBA tweets during the trade talks, more like complain and cry.

  80. You got a shout out from the Pres, i heard it haha nice.

  81. Here is our offer to China: our offer is nothing. Not even the $20,000 for the gaming license, which I would appreciate if they would put up personally.

  82. Xi – got any, hhhoney…

  83. Get rid of the Federal Reserve. They have been working against the American people since their conception. And the comments they have made lately are sick.

  84. How about No Deal and boycott Chinazis

  85. Build and make everything in America like we did in the past theres your deal.

  86. Don’t buy Chinese merchandise! Only American.

  87. At this point I have to ask… why?

    Why trade with China at all? After reading up on Chinese trade, it's all poisonous. Their products are bootlegs, their workers steal jobs, their investment is toxic in that they pull it the moment you allow your other customers to criticize Uighur concentration camps or the suppression of democratic rights in Hong Kong. For every dollar you make in China, a communist dictatorship that wants to enslave you makes three more.

  88. Wowwwww, Trump and Xi have the same hairstyle!! Are they secretly a couple?

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