Beijing casts doubt on US-China trade talks

Beijing casts doubt on US-China trade talks


MUCH. GREAT TO HAVE YOU, AS ALWAYS. LAUREN: BEIJING IS REPORTEDLY DOWNPLAYING PRESIDENT TRUMP’S CLAIM THAT CHINA WANTS TO RESUME TRADE TALKS. REBECCA WALSER IS HERE. REBECCA, GOOD MORNING.>>GOOD MORNING. LAUREN: OVERNIGHT WE SAW OPTIMISM TURN INTO SKEPTICISM. HOW DO INVESTORS PLAY A MARKET THAT IS COMPLETELY HEADLINE-DRIVEN?>>WELL, I THINK YOU HAVE TO BE IN IT FOR THE LONG GAME. AT LEAST A LONGER GAME THAN DAY-TO-DAY AND TWEET TO TWEET. THIS IS A LONG STRATEGY PLAY. THIS IS NOT A SHORT-TERM STRATEGY. THIS IS A LONG HAUL. AND SO IF WE’RE GOING TO BE GOING TWEET TO TWEET, CALL TO CALL, WE’RE GOING TO HAVE VOLATILITY AND INVESTORS DON’T LIKE THAT. LAUREN: IT HAS SEVERE CONSEQUENCES. MORGAN STANLEY IS WARNING OF A GLOBAL RECESSION IF THE U.S. RAISES THE TARIFFS ON CHINESE IMPORTS TO 25% AND CHINA RETALIATES. THAT’S A BIG DEAL, A GLOBAL RECESSION.>>OF COURSE. YES. ABSOLUTELY. I TOTALLY AGREE WITH YOU. THIS IS GOING TO BE PAINFUL. THIS IS DEFINITELY NOT SOMETHING THAT IS EASY TO DO, TO UNWIND TO AN EXTENT THE U.S.’S DEPENDENCE ON CHINESE SUPPLYING OUR WALMART AND OUR TARGETS AND BASICALLY OUR CHEAP GOODS IS VERY PAINFUL, LAUREN. IT’S GOING TO HAVE AN IMPACT, YES. LAUREN: WILL IT IMPACT CONSUMERS? THE DIALOGUE WE’VE GONE WITH WITH-QUITE FRANKLY, THE DIALOGUE WE’VE SEEN IN THE DATA IS THE CONSUMER REMAINS STRONG. WE GET A CONSUMER CONFIDENCE NUMBER THIS MORNING. DO YOU EXPECT THE CONSUMER TO START TO GET NERVOUS AND PULL BACK?>>I THINK WE’RE GOING TO PROBABLY SEE A NUMBER MORE ALONG THE LINES OF JUNE WHERE TRADE WAS MORE OF AN IMPACT, BEFORE THE REBOUND IN JULY. I EXPECT WE’LL SEE A LITTLE BIT MORE VOLATILITY BECAUSE WE HAVE HAD THIS MONTH PRETTY MUCH DOMINATED BY A TIT-FOR-TAT ON THE BACK AND FORTH BETWEEN US AND CHINA. LAUREN: LET’S SAY THE CONSUMER DOES PULL BACK AND THEN YOU HAVE THOSE BIG NAME MOMENTUM TECHNOLOGY STOCKS, THE SO-CALLED FANG TRADE, THEY’RE 20% OF THE BROADER MARKET. THEY’VE PULLED BACK IN THE PAST YEAR. SO IF THEY’RE NOT FUELING GAINS OR QUITE FRANKLY LOSSES RECENTLY, WHAT’S THE NEW TRADE?>>YOU KNOW, LAUREN, THAT REMAINS TO BE SEEN. THERE’S ALWAYS SOMETHING THAT’S GOING TO COME OUT, JUST LIKE THE OLD DAYS. WE HAD BEFORE MICROSOFT, ORACLE, INTEL AND FANG STOCKS NOW HAVE BEEN THE BET FOR THE LAST — THEY DON’T TRADE UNILATERALLY. THEY EACH HAVE THEIR OWN ISSUES THEY’RE DEALING WITH. THEY’RE NOT MOVING UNILATERALLY AS A BLOCK ANYMORE AND EACH OF THEM HAVE THEIR OWN ISSUES, OBVIOUSLY. FACEBOOK WITH PRIVATE CIRCUMSTANCE GOOGLE WITH COMPETITION AND DATA PRIVACY AND CENSORSHIP. YOU’VE GOT AMAZON WITH WALMART AND TARGET DOING SO WELL, WITH SUPPLY CHAIN AND GETTING OUT THERE AND EXPANDING DISTRIBUTION THERE AND EXPANDING DISTRIBUTIOD THERE AND EXPANDING DISTRIBUTIOS THERE AND EXPANDING DISTRIBUTIOR THERE AND EXPANDING DISTRIBUTIOB THERE AND EXPANDING DISTRIBUTIOT THERE AND EXPANDING DISTRIBUTIOO THERE AND EXPANDING DISTRIBUTION AND NETFLIX USING SUBSCRIBE R AND NETFLIX USING SUBSCRIBERS FOR THE FIRST TIME. LAUREN: YES OR NO, THIS IS THE WORST TIME FOR THE DOW IN EIGHT YEARS, IS IT A TIME TO BUY OR YOU STAY AWAY?>>IF YOU’RE IN IT FOR THE SHORT GAME, WE HAVE A LOT OF VOLATILITY. LONG-TERM, IT’S GOING TO BE PAINFUL AND WE’RE GOING TO HAVE TO DEAL WITH THIS CHINA ISSUE

100 Comments

  1. Alan Dampog says:

    what?!?! trump is lying??? about his #1 trade deal with china?!? the man is a fool and is going to drive the us economy into recession… good job GOP morons

  2. cgl729 says:

    Wow those democrats are really causing a global recession!! Haha

  3. Nico Polis says:

    Those lawnmowers where made in the USA before those companies moved to China .

  4. Nico Polis says:

    Bush l , Clinton , Bush ll , and Obama sold us out and their allies in The Senate and House helped them all the way .

  5. Lynette Scribner says:

    Thank you, all you greedy rich s.o.b.s. It doesn't affect you in any way. Obviously, that's all that matters. No skin off of you a**es. So, let me guess! You're all Christians, too, Right? Yeah, uh huh. Just keeping the poor as poor as possible so you can control them by barely paying them enough to keep JUST their nostrils above water, but not enough to live on, Just exactly what God do you people pray to, anyway? Seems like it must be Satan, keeping everybody down just to make you richer. Have you no shame?!

  6. LauraNY says:

    STOP BUYING CHEAP TOXIC LOW QUALITY CHINESE CRAP !!!!!!!!!!!!! Stop hoarding !!!!!!!

  7. Daryl Leckt says:

    trump day #950 and still not 1 republican has created a piece of legislation that advances the trump agenda

  8. Mr. Smug says:

    But I thought trade wars were "easy to win."

  9. T Sapp says:

    I'm setting up my 401k extremely agressive, remember how wrong the media was when he got elected. I still enjoy those videos

  10. Jaclyn Lopez says:

    Hay fkn facts!Trump is playing a trade war with our money and investments at stake and he doesn't seem to give a fk!We are paying for his I'll decisions but when will the Trumptards realize this!I'm fkn done with this lying puke racist punk! The farmers in my state of Minnesota are suffering and this is what you are going to keep getting until you realize what he's doing!he's a fkn con man!

  11. Andi S says:

    When you sell lies but people keep buying it.

  12. CrowZY says:

    man China is a hot mess right now.

  13. Quinn Sprague says:

    How many times did she say the each have there own issues though?

  14. PNOYPWR says:

    Trump just said that He regrets on raising the tariff from 25% to 30%. He said, He should raise it up much higher. China is hurting too. Al Jazeera for some reason got to go inside China and show unfinished infrastructures and get to interview coal miners complaining about their salary going down from $500 to $150/month. Those artificial islands and the Belt and Road initiative is not free and need some funding too. I'm bullish in my investment too. I can afford to lose for I still made profits by this end of this year.

  15. a d says:

    Just how many generations of inbreeding humanoids that natural selection couldn't handle to clean up are there that support the maniac.

  16. BassManBobBassCovers says:

    Now all my eBay China stuff is going to be more expensive.

  17. Erik Lorenzana says:

    Trump is about to tank the US economy, and he's going to blame the feds. They coused him to start a trade war that nobody can win. Next time vote for a president that could score over a 1000 in their SAT s.

  18. Ulle Bishope says:

    He's a pathological liar.

  19. LM says:

    BS… we will win, period.

  20. hundred cs says:

    Trump is messing up with wrong guy.

  21. TheFarmanimalfriend says:

    Listen to the vile orange buffoon in the White House. Don't worry – be happy. The stable genius who brought you children in cages says trade wars are easily won. He's our leader?? We are so f***ed.

  22. Jacky Cui says:

    Please!!! Fake news.

  23. jake hensley says:

    This is China's karma for those falun gong followers who had their organs removed for believing in peace and meditation.

  24. Shane Hawkins says:

    You mean Trump lied again? Get out! No way! Who would have thunk it?

  25. Jay Alejandro says:

    Sell your stocks and buy your bonds yet? I have. I smell a meltdown.

  26. Geoff Gyro says:

    China knows Trump the Chump is desperate.

  27. Geoff Gyro says:

    Do the female Fox commentators still have to suck the management?

  28. J da high roller says:

    For God sake why don't we have a look at history trump has 6 bankruptcies … most obviously he is bankrupting the entire United States

  29. chris says:

    I am tired of the United States depending on China for our goods. Cut these basta – – – off and bring our jobs back to this country. Go Trump

  30. El CuCuy says:

    To be honest I'm kinda surprised fox news posted reality for once!

  31. flor wast says:

    There's doubt about the thing Trump made up? Who'd a thought?

  32. Alex Joseck says:

    Am not worried of the recession, we got a God-sent, the best president, the smartest, who recently called himself the chosen one…. ha ha haaa haaaaa he will save us from anything bad which is going to happen.

  33. P. M says:

    Va – Gina will lose

  34. Virginia Addis says:

    No trade talks because trump realigning i.c.b.m. M.A.D.

  35. krrrruptidsoless says:

    So China saying they want their trillion dollars paid off Trump said well we don't have it but what I can do is collect Tarrifs from you and then just pay you back the tariff money I'll have to lie to the American people saying it's going to them but it's actually going back to China that is so they'll be getting it for free but will be paying off a debt

  36. Ariel Quiroz says:

    Fox News is skeptic about Trump’s tariffs?
    It’s time to panic!!!
    Seriously, take a 2 years vacation on a third world country now before is too late. Come back wen the next democrat president fix the economy.

  37. Tony Woodard says:

    I like those charts, with the numbers spread out to make it look like the markets took a big hit. Check your 401k they still growing like weeds.

  38. Tommy Hammernots says:

    Not seeing anything creative. Just spiteful grenade lobbing.

  39. Lee Steven says:

    They are different sect in China government, some wants to talk other don’t. I can’t even control his own party. That’s why Liu agree upon talk suddenly canceled because they are having internal struggle.

  40. mxnfx says:

    Trump gets love calls from China, Love letters from Kim, and all that love he gives to his Master, PUTIN!…Oh, Donald!..

  41. 兔子不止五毛 says:

    贸易战是你们挑起来的,现在又赖到中国身上,真是双标

  42. Tracy DuPree says:

    Unfortunately, for our farmers …. there is an American company named Blackstone who is setting the Amazon on fire right now for more soy bean farms. They are going to be China's new trading partner. And make billions . Luckily , for the owner of this co Shcwarzman x he is a close friend of Donald trump and his biggest donor , also chaired trumps strategic and policy forum in the white house . They have also given 10 million to Mitch McConnell super pack .
    So yes, the global markets and economy is going to get extremely rocky for most of us . World wide ….cause some spoiled rotten greedy rich con men are running the world right now (almost). Like trump x who said America is now open for business when he claimed the presidency . And unfortunately , the farmers lives and livehoods have already been sold off .as well as our national parks , wet lands . America has become a predators play ground .
    For the land of the greedy ….And the home of the depraved ….

  43. dafttool says:

    Lying POS Trump just says crap to manipulate the stock market, & to manipulate his gullible cultists

  44. Robert Days says:

    China is not working with the USA on Tariffs. China is lowering tariffs to other countries like Australia, New Zealand, Asia, Europe etc (RUSSIA). When USA puts Tariffs on Chinese goods and US consumers no longer buy Chinese products because the tax on them makes the cost too expensive, you will see products from Vietnam on your shelves. You will not see factories open in the USA because the cost to produce is too high in the USA. Soyabean farmers and wheat are now being imported to China from Russia.

  45. Mad Cow says:

    Far more U.S. goods are imported from Canada and Mexico. China is a distant third so please explain Fox why you scared bro?

  46. Stephen Morton says:

    a strategy play implies a clear goal. political grandstanding notwithstanding, there is no clear goal. don't delude yourself by expecting one. ask yourself what it's going to look like.
    trashing markets one has never been involved with is not skill and does not denote acuity thereof.

  47. Shift -Z says:

    good, the US survived just fine for 2 centuries without China and it will continue todo fine without it. until China becomes a multi-party government they wont be trustable.

  48. FANG THEHEROWOLF says:

    Do they know how money works like at all?

  49. Dp Patton says:

    WE ARE JUST A DOOR
    MAT…😣😥 TRADE
    WAR'S

  50. Easy Mon3y says:

    Is that su youngs father in the thumbnail?? 😂😂😂

  51. Juan Gonzalez says:

    Get the hint E Lee Tow Rio colleges can buy global votes

  52. Afrika Smith says:

    Better to have a trade war than a nuclear war. We just don't have enough Vaults for everyone.

  53. Joe Robinson says:

    Do my best dodging Chinese junk

  54. Daddy Bye says:

    Trump should just Ban all goods made in China period so I am happy that China agrees and should stay out of the US or China leadership needs to change their ways.

  55. Robert Waterman says:

    So, China is losing the trade war anyway and all they'll do is take it out in their own people like they all ways do, maybe the Chinese people should rise up and overthrow their government and become part of America.

  56. KillSins * says:

    Oh well to bad there’s nothing wrong with a little bit of struggle in life.. i’d rather be poor out on the street then having the Chinese conquer America…

  57. WLKBEASTMODE-ISSIAP. says:

    Looks ok to me. GUYS AND GIRLS THE WORLD, ESPECIALLY CHINA ARE RIPPING US OFF!!!!
    WAKE UP AMERICANS, OUR TAXES!!!!!!!! PLEASE SEARCH YOURSELF!!

  58. WLKBEASTMODE-ISSIAP. says:

    They're will be a great tax cuts refund etc for the next 5 year's. You watch and see. Allllll the deals are for us. We will reap, y'all will see….catch up, drain the swamps of all American Agencies!!! Corrupt Politicians, " sanctuary states etc…
    These thieves will be exposed, including the Untouchables!!!

  59. Robert McCoin says:

    Who cares? The USA should never have traded with China to the extent that it became. THEY ARE GODLESS COMMUNISTS!! WTF ARE WE DOING HELPING THESE FUCKS?? Screw em.

  60. happy cats says:

    The heck with China

  61. Steven Moore says:

    What the hell do they make in China that we can’t make here. Buy American

  62. giganova says:

    "Reelect me or the economy will go to crap!" Sounds like the plea of a desperate man…

  63. Michael Tinajero says:

    So let's just depend on China until a fucus over completely stupid f**** liberals go to hell

  64. David Fillmore says:

    Trump is a habitual liar, and even when he is trying to be factual he will exaggerate and make unsubstantiated comments. The worst problem with this behavior is that his moronic ' deplorable' base believes this sheet.

  65. Mozokuni says:

    The reason that China is downplaying talks is because Trump just made that up. It was a lie.

  66. harmony olivia says:

    The 💩🤡 say China will pay for the tariffs. China is eagerly wanting to make a deal.

    China say 🖕🏽🖕🏽🖕🏽 💩🤡 in your dreams. 😂😂😂 we got better bigger things to do. 💪🏽

  67. John Smith says:

    Slavery is immoral. China is a brutal communist dictatorship in which workers are slaves to the state. Trade with China is immoral. It has to stop.

  68. Drake Shattuck says:

    To my liberal friends, and yes I tend to be liberal and progressive, THIS MUST HAPPEN. Although I don't like Trumps tactics in many things China must be confronted! Their goal is nothing short of gaining the upper hand until we are subject to their wishes. Remember, the Chinese will lie and cheat to achieve their objectives just like Iran, Russia, North Korea. I don't like the blame game however, one truth, which is a bit rare, coming out of Trumps mouth is the fact that this confrontation should have happened many decades ago. It was Bill Clinton that did the REPUBLICAN'S bidding to establish globalization and the demise of the industrial capacity of the USA. Trump won the election on this issue and immigration, that is very clear. Until my friends in the democratic party establish policy on these two subjects they stand a good chance of never gaining control again. If we do not confront China on trade and do not confront them on human rights abuses we will end up in a military conflict one day. Better now then when they have military might comparable to ours or superior, that is their goal. People need to imagine the economy post war with China and stop whining. This crying over discomfort displays a lack of fortitude and is a sign of weakness. We could gain much needed political influence in nations that have food shortages by buying the crops from our farmers and feeding nations that are challenged by food shortages.

  69. Miguel Hernandez says:

    Trump is a disgrace!

  70. Justin Bunting says:

    I'm looking for reporters to join my News channel!
    If anyone is interested please let me know thanks.

  71. don milland says:

    First and foremost, I'm not a Trump supporter. However, he is the 1st president to address the huge trade deficit resulting largely China's unfair trade practices (assisted corporate elites selling this country out). I'm weary of all this bellyaching over the tariffs and prognostications of its deleterious impact on the economy WITHOUT HEARING ANY ALTERNATIVES on addressing the trade issues. For me, this is an issue worth fighting. I'll give Trump credit for this.

  72. Matuse says:

    "Casts Doubt" = the fat orange moron made the whole thing up, and his cult of imbeciles believe him without question.

  73. Dr0pkidd says:

    I don't blame China. How do you make a deal with a madman? Dude's "goals" change like the weather in Summertime Florida.

  74. Ian Nelson says:

    Trump lied to try to jolt the markets. He is not smart enough to win this, and his supporters aren't smart enough to see through this BS.

  75. CoNedy 06 says:

    Trump better not win

  76. robert coleman says:

    Trump doesn't know how to talk to asian people, he has no honor and they know it. So he doesn't get any respect, he can talk all day and they just laugh at him. This self proclaimed deal maker couldn't make a deal with a dog catcher.

  77. TruthMaster2020 says:

    Did anyone think the Chinese were going to just lay down? They are waiting to see if Trump gets re- elected. They would rather deal with the Democrats, that's a no brainer.

  78. vXIR0NMANXv says:

    So….Trump lied again. He's trying to save face now that he knows he's going to cause a recession.

  79. Tristan says:

    China’s ideologies and government will eventually be their downfall. They have too many human rights issues to tackle before they become the next world superpower.

  80. William Peterson says:

    How can a market respond to a madman who changes his stances constantly?

  81. Paul Briggs says:

    Fox, You were supposed to "work" (lie) for the head oompa loompa in charge

  82. Eric Johnson says:

    china be like do you bro! america be like… lets make more skateboards and cheeseburgers.

  83. LoneSoldier0000 says:

    I thought American's were told we won't be a dime because of this…. Now everyone is saying, it's gonna be painful.. Thanks for the heads up

  84. Mark W. says:

    Beijing also very busy with tank maintenance and preparation.

  85. Charles Driggers says:

    This is the problem that I here. Being dependent on China for anything. Cheap goods are just that. Cheaply made and will not last. All these years ,we made things on this country that people could buy and could afford. So explain how we have come to the conclusion that this is not possible today.

  86. Emmanuel Reyes says:

    Is funny how the orange chief always say "I am the king of trade, trades are easy, I know more than anyone else on trades" China says "NO Deal" and Fox is like "well this is not easy, this of course is going to take a long time" lol This is like parents making excuses for their kids failures.

  87. PN H says:

    It is laughable and scary at the same time when 2 authoritarian leaders negotiate with threats, fakes, lies, half-truths etc. The market is also a joke because they can't deal with the unpredictability of these leaders. They usual know exactly what the giveth will do with small areas of uncertainty because they have purchased it with lobbiests, dependant parties and legislators.

  88. Mopar426Power says:

    Soooo, Trump was lying again in regards to "how well" talks are going. "They want to get a deal done" and the phone call that he said he had with Xi (his aids later confirmed he never had that call and Chinese officials also said same thing) which affected the stock market. Nobody can believe a word Trump says.

  89. just enough says:

    Rabbi trumpstein needs to go on a diet and stop serving Satan (((ishreel)))🔯🇮🇱🚮

  90. foreverfaithful1809 says:

    Is anybody tired of winning yet?

  91. Hoosier Hermit says:

    Good, we shouldn't trade with them at all

  92. Askender III says:

    The World Economy relying on False or Made-Up Money !!! How stupid have we become where money is concerned, I wonder !!!

  93. Kevin Arnold says:

    It's a sad state of affairs when China is more reliable than the White House. Almost no one is honest about this trade war really being about patents and copyrights that companies hold and use to manufacture all the junk we buy here on the cheap from China.

  94. Diane laughalot says:

    That's a no brainer….. i believe tRuMps game plan is to "wait" till the last minute," just so he can take credit for what I believe will be his BIGGEST con yet😳

  95. Chandler Hefley says:

    Why are Americans so willing to get stiffed by China?? We should be applauding Trump! China managed to almost completely diminish their lower class and bring them up to middle class, why? Because the worlde #1 economy, the USA, was giving them billions of dollars. What if those billions came back to the USA?? Could you imagine if we lifted a majority of our people out of poverty and into the middle class???? Wouldnt that be better??????? Am I crazy??!?!?!?!?!?!??God bless the USA

  96. rich s says:

    Trump's Administration is a disgrace and an embarrassment to the nation

  97. Mike Stoltz says:

    "The dialogue we have seen in the data." She doesn't really have a clue what shes doing.1:11

  98. Al G says:

    headline driven, day to day, tweet to tweet, lol

  99. Robert Binner Mattfeldt says:

    China has something Americans barely even understand: China has a strong sense of racial, and cultural identity. The Han ethnic group are the master-race in the country. The government sees itself as the ultimate guardian of Chinese culture, both modern, and ancient. China has a solid sense of geographic position on the globe, and knows how best to exploit both it's geographic, and economic position. The Chinese leadership have a keen sense of "wealth production", and have no fear of competition from pure multi-racial Capitalist societies like the USA. All workers, and the products of their labor, are carefull managed by a central coordinating command, and thus eliminate waste wherever possible. China is not even actually "Communist" country, but it is a National Socialists country, that puts National Identity, and National Wellbeing, before all else. And, like a true National Socialists system; they have a well positioned ruling elite, and a strict top-down system of authority, AKA: "The Leadership Principal".

  100. Liz Brooks says:

    Trump was assured by his imaginary friend that the talk is on going.

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