Name: Stocks Hit Record High As Trump Signs China Trade Deal | NBC News NOW
Uploaded: 2020-02-15T18:40:13.000Z
Duration: 4 min 53 s
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BENATAR, DAVE MATTHEWS AND MOTORHEAD P THE CEREMONY WILL

MOTORHEAD P THE CEREMONY WILL TAKE PLACE THIS MAY IN

AND NOW YOU KNOW. >>> THIS MORNING PRESIDENT TRUMP

>>> THIS MORNING PRESIDENT TRUMP SIGNED PHASE ONE OF A TRADE DEAL

SIGNED PHASE ONE OF A TRADE DEAL BETWEEN THE U.S. AND CHINA.

BETWEEN THE U.S. AND CHINA. THE PACT COMES AFTER MONTHS OF

THE PACT COMES AFTER MONTHS OF ESCALATING TARIFFS BETWEEN THE

ESCALATING TARIFFS BETWEEN THE WORLD'S TWO BIGGEST ECONOMIES.

WORLD'S TWO BIGGEST ECONOMIES. KELLY O'DONNELL IS AT THE WHITE

KELLY O'DONNELL IS AT THE WHITE HOUSE WITH THE VERY LATEST AND

HOUSE WITH THE VERY LATEST AND KELLY LET'S START WITH THE DEAL,

KELLY LET'S START WITH THE DEAL, WHAT ARE THE HIGHLIGHTS HERE?

WHAT ARE THE HIGHLIGHTS HERE? >> ONE OF THE THINGS PRESIDENT

>> ONE OF THE THINGS PRESIDENT TRUMP WANTED TO HIGHLIGHT IS

TRUMP WANTED TO HIGHLIGHT IS CHINA AGREES TO BUY MORE GOODS,

CHINA AGREES TO BUY MORE GOODS, AND THAT SHOULD HELP AMERICAN

AND THAT SHOULD HELP AMERICAN FARMERS AND BUSINESSES.

FARMERS AND BUSINESSES. AND SHOULD EASE SOME OF THOSE

AND SHOULD EASE SOME OF THOSE TENSIONS THAT HAVE REALLY

TENSIONS THAT HAVE REALLY THREATENED THE BUSINESSES AROUND

THREATENED THE BUSINESSES AROUND THE UNITED STATES, ESPECIALLY

THE UNITED STATES, ESPECIALLY FAMILY FARMERS AND TO SOME

FAMILY FARMERS AND TO SOME EXTENT GOES TO CONSUMER

THAT'S A BIG PIECE OF THIS. BUT PHASE ONE AS THEY ARE

BUT PHASE ONE AS THEY ARE CALLING IT IS IMPORTANT TO SAY

CALLING IT IS IMPORTANT TO SAY IT'S LIMITED IN ITS SCOPE AND

IT'S LIMITED IN ITS SCOPE AND NEGOTIATIONS WILL CONTINUE WITH

NEGOTIATIONS WILL CONTINUE WITH CHINA FOR A MORE SORT OF

CHINA FOR A MORE SORT OF FORCEFUL PLAN TO TRY TO GET A

FORCEFUL PLAN TO TRY TO GET A BETTER AGREEMENT.

BETTER AGREEMENT. PART OF WHAT THIS DOES IS IT

PART OF WHAT THIS DOES IS IT ALSO BEGINS TO TACKLE ISSUES IN

ALSO BEGINS TO TACKLE ISSUES IN THE TECHNOLOGY AREA LIKE

THE TECHNOLOGY AREA LIKE INTELLECTUAL PROPERTY, LIKE

INTELLECTUAL PROPERTY, LIKE CHINA'S REQUEST FREQUENTLY TO

CHINA'S REQUEST FREQUENTLY TO HAVE COMPANIES SIGN OVER SOME OF

HAVE COMPANIES SIGN OVER SOME OF THEIR TECHNOLOGY IN ORDER TO GET

THEIR TECHNOLOGY IN ORDER TO GET ACCESS TO MARKETS IN CHINA,

ACCESS TO MARKETS IN CHINA, TRYING TO CURB THAT SORT OF

TRYING TO CURB THAT SORT OF REQUIREMENT IN THE BUSINESS

AND PART OF IT ALSO ON A POLITICAL SENSE IS GIVING

POLITICAL SENSE IS GIVING PRESIDENT TRUMP AN OPPORTUNITY

PRESIDENT TRUMP AN OPPORTUNITY TO HAVE A CEREMONY, HAVE AN

TO HAVE A CEREMONY, HAVE AN OFFICIAL SIGNING, HAVE POSITIVES

OFFICIAL SIGNING, HAVE POSITIVES COME OUT OF THIS THAT ARE

COME OUT OF THIS THAT ARE IMPORTANT FOR HIM POLITICALLY

IMPORTANT FOR HIM POLITICALLY BUT EXTEND TO MEMBERS OF

BUT EXTEND TO MEMBERS OF CONGRESS TO SOME EXTENT IN BOTH

CONGRESS TO SOME EXTENT IN BOTH PARTIES BUT CERTAINLY FOR

PARTIES BUT CERTAINLY FOR REPUBLICANS, AT A TIME WHEN THE

REPUBLICANS, AT A TIME WHEN THE PRESIDENT IS IN THIS PERILOUS

PRESIDENT IS IN THIS PERILOUS STATE WHERE THE IMPEACHMENT

STATE WHERE THE IMPEACHMENT TRIAL THAT IS EXPECTED TO BEGIN

TRIAL THAT IS EXPECTED TO BEGIN IN THE SENATE.

THERE ARE LAYERS TO THIS. OF COURSE WHEN THEY BEGAN THIS,

OF COURSE WHEN THEY BEGAN THIS, ALLISON, SPENT MANY MONTHS OF

ALLISON, SPENT MANY MONTHS OF NEGOTIATING, IMPEACHMENT WASN'T

NEGOTIATING, IMPEACHMENT WASN'T EVEN ON THE RADAR THEN.

EVEN ON THE RADAR THEN. THE COINCIDENCE OF HOW THOSE

THE COINCIDENCE OF HOW THOSE EVENTS COLLIDED TODAY IT IS

EVENTS COLLIDED TODAY IT IS NOTABLE THAT THE PRESIDENT GETS

NOTABLE THAT THE PRESIDENT GETS TO WAVE THAT ECONOMIC FLAG AT A

TO WAVE THAT ECONOMIC FLAG AT A TIME WHEN HE'S HITTING THE

TIME WHEN HE'S HITTING THE CAMPAIGN TRAIL AS WELL AS TRYING

CAMPAIGN TRAIL AS WELL AS TRYING TO PREPARE FOR THIS NEXT PHASE

TO PREPARE FOR THIS NEXT PHASE OF IMPEACHMENT.

OF IMPEACHMENT. SO WITH CHINA IT ALSO SIGNALS

SO WITH CHINA IT ALSO SIGNALS THAT THERE IS AN IMPROVED

OF COURSE THERE HAVE BEEN TARIFFS AND THAT IS A VERY

TARIFFS AND THAT IS A VERY COSTLY BUSINESS.

COSTLY BUSINESS. PRESIDENT TRUMP SAYING THAT HE

PRESIDENT TRUMP SAYING THAT HE WOULD BE WILLING TO REMOVE SOME

WOULD BE WILLING TO REMOVE SOME OF THOSE TARIFFS ON GOODS IN

PHASE TWO. THIS IS AN IMPORTANT MILE MARKER

THIS IS AN IMPORTANT MILE MARKER IN THIS ONGOING NEGOTIATION BUT

IN THIS ONGOING NEGOTIATION BUT IT ALSO IS A LONG WAY FROM THE

IT ALSO IS A LONG WAY FROM THE CONCLUSION THAT THE U.S. AND

CONCLUSION THAT THE U.S. AND CHINA HOPE TO ACHIEVE.

CHINA HOPE TO ACHIEVE. ON SOME OF THE MOST THORNY

ON SOME OF THE MOST THORNY ISSUES OF TECHNOLOGY THERE ARE

ISSUES OF TECHNOLOGY THERE ARE MANY ECONOMIC EXPERTS WHO SAY IT

MANY ECONOMIC EXPERTS WHO SAY IT IS HIGHLY UNLIKELY THAT CHINA

IS HIGHLY UNLIKELY THAT CHINA WILL GO THE DISTANCE THAT

WILL GO THE DISTANCE THAT PRESIDENT TRUMP WOULD LIKE TO

PRESIDENT TRUMP WOULD LIKE TO SEE, AMERICAN BUSINESS WOULD

SEE, AMERICAN BUSINESS WOULD LIKE TO SEE IN TERMS OF

LIKE TO SEE IN TERMS OF PROTECTIONS FOR AMERICAN IDEAS

PROTECTIONS FOR AMERICAN IDEAS AND INTELLECTUAL PROPERTY.

AND INTELLECTUAL PROPERTY. BUT THEY CONSIDER THIS A

BUT THEY CONSIDER THIS A POSITIVE STEP, IF CHIEN AND THE

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