let's talk about huawei saying it would never allow the ceo to access data. and coming out and praising president trump as well. remember, the cfo's daughter is still under arrest in canada at the request of the u.s why do you think the ceo is now speaking out >> he has to try to save his business he's getting shut down all over the world, as the five english speaking companies said no more huawei the new polish spying accusation as well. he has to say this on its face it has to be untrue. it's the law in china. if there's a national security issue you have to hand over the data that happens in the united states, too, where we have a much more robust system of law >> he's going to come out and say no china doesn't use our equipment to spy but until the chinese law itself changes >> he kept saying there's no back door way to get in. that's not how it works. when you go to g 5 you're going to precisely know where nearly everyone is with their phones. >> oh, joy. >> it's not for him to say from what i can tell. >> they have lost tons of business now, it ain't ov

you have a new investigation of huawei, federal investigation. you have new congressional action saying u.s. components cannot be sold to chinese telecommunications companies on one hand they may have a short term deal that provides some money and some boost for the market but the long term problem is the fact that we're on a collision course particularly in the emerging technologies and do we divide up the world between people using chinese technology and people using u.s. technology, can we find a way to work with each other. >> on that front, it's one thing if you're an investor in huawei, you have problems trying to figure out where that company can do business. what happens for the u.s. technology what are the ways -- can people stay invested and ignore this or is fred right it will create this digital curtain between west and china >> i think it creates a little bit of a digital curtain certainly u.s. tech companies are positioned, are in such a position they will benefit as this trade deal gets done and as we move forward and there's a vic

even in terms of criminal developments filed against huawei? >> we need to make sure we keep those issues separate. it was most important when the president made comments saying perhaps if there is a trade agreement, he might be able to intervene in this legal case. and has cast suspicions clouds on the integrity of the american legal system. we have always prided ourselves on saying that our legal system is above politics, separated from politics, and when the president makes that statement, people all around the world and especially the people in china, think perhaps the prosecution or the indictment, the charges against the cfo of huawei were politically motivated. his comments were most unfortunate. we just need to make sure we keep those things completely separate. >> what about the way that beijing has responded and detained canadians? a canadianrd ambassador being vocal and fiery huawei allegations. is china missing a golden toortunity to demonstrate the international community that they are taking these claims quite seriously? >> i thin

get because they won't give it up but what we are doing, the administration very effectively limiting huawei's access to our allied markets and shutting them down, closing doors on them. that's how you deal with it and you hit them with the cyber stuff as well. that's pretty good. >> bret: i want to talk quickly about venezuela. the now disputed president maduro end of the opposition leader guaidÓ. >> of the united states is prepared to support the venezuelan people to achieve freedom and democracy. >> this is a man-made catastrophe by the maduro regim regime. >> this campaign has been prepared to justify a coup d'etat in venezuela that has been financed and actively supported by the donald trump administration. if the government of the unite states intends to intervene, they will have a much worse vietnam then you can imagine. >> the pressure in support of the united states is important and all the other countries in the world that support us, we are sure that we are starting to change. >> bret: we aren't doing a blockade, we aren't surmounting them. maduro is still there, he's getting suppo

trade rep, robert lighthizer, says the arrest of huawei executive has no impact on the trade talks with china. we will continue to monitor this for any other developments. as you know, the president and lighthizer are meeting with the chinese rep now. >> we are building a lot of wall, you know. i'm not waiting for this committee. by the way, if you go to tijuana and you take down that wall, you will have so many people coming into our country that nancy pelosi will be begging for a wall. she will be begging for a wall. david: president trump earlier today responding to nancy pel i pelosi's statement that there's no wall money in the budget. she hasn't started begging for the wall yet, chad. >> not yet. i did not officially put that call into her office because that's not the case. no. she is not. >> has there been much conversation about the letter that alexandria ocasio-cortez sent about cutting dhs spending? has that been a big topic of conversation amongst the people prying trying to work on this? >> this will be one of the issues. when you talk to appropriators, members working on t

smiles hide the fact that beijing is fuming over washington's prosecution of chinese telecoms giant huawei but president trump clearly believes he hold the aces and is willing to play a waiting game look we're going to go into everything you probably saw this morning to put out as they were going into everything this is going to be a small deal which this is going to be a very big deal or it's going to be a deal that will just postpone for a little while but earlier trump had tweeted his negotiating position looking for china to open their markets not only to financial services which they are now doing but also to our manufacturing farmers and other u.s. businesses and industries without this deal would be unacceptable beijing strategic plan aims to make the nation the global leader in aerospace robotics artificial intelligence and new generation what are those sectors that u.s. officials say are the crown jewels of american technology and innovation the u.s. is attacking chinese trade practices they call unfair including the forced transfer of american technology by a man to treat joint v

global efforts to ensure they don't do things like uild the 5g infrastructure, global effort against huawei, based on our security and economic concerns. you, when i ask finish, to turn on that decoupling thing, which i think broadly recognized or appreciated as it should be. we , couple points what should do and michelle indicated, touched on a lot of to have have comprehensive strategy, supporting allies, building doctrine and weaponry to defend ourselves and to continue to have, play the half e've played for over a century, providing security east asia, economic been built. there is idlogical aspect we termst discussed a lot in of china has a full alternative model on offer. the technology piece in particular, joe, i'll finish on this, i think there are number of things that we can and should do. the discussion to date has been almost all about things we're to change in terms of chinese behavior. hinese behavior in terms of purchasing u.s. goods and services, which is positive, chinese behavior not undertaking steps which are unfair and the economic global economic sphere good. we have h

or china, sort of on an invisible map saying the case of huawei will be discussed, criminal charges unveiled a couple of days ago overshadowing the u.s. and china relationship at this point and as for the difficulty level of the things that remain to be worked out in the deal, the president doesn't seem fazed by them he said he thinks once they sit down it will be agreed to pretty quickly. and that is good news for the market because the expectation is that some sort of deal and the resolution of these issues would lift the stock market and it is not necessarily a good thing for companies who really have -- who want this pandora's box to be opened to really hold china to account, the potentially have the enforcement mechanism here be criminal against china stealing u.s. technology so we'll see how these little bits and pieces end up moving along over the next month and a positive for the market he said he doesn't think that march 1st deadline needs to be extended and will resolve the issues before then. >> yeah. there was a lot of upbeat comments i would agree from the president. they, kayla

the canadians were arrested in december in apparent retaliation for the arrest of a top chinese huawei executive in canada. secretary-general jen stoltenberg's first public comments about the case came today as he met in bucharest with romania's president. addressl on beijing to canada's serious concerns and we have to remember that nato is founded on core values, democracy, individual liberty, and the rule of law. that is also the reason why we follow this case with such great concern. mark: a chinese court also sentenced a third canadian to death in a sudden retrial of a drug case, overturning a 15-year prison term handed down earlier. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm mark crumpton. this is bloomberg. live from bloomberg world headquarters in new york, i'm shery ahn. >> welcome to bloomberg markets. we are joined by our bloomberg and the an end bloomberg audiences. . investors sentiment lifted as the s&p 500 heads toward its best month in more than three years. let's make a d

. >> how will the indictment of with a w huawei and their technology get in the way, if at all, in this relationship? >> let's hope it does not. the president has made some comments that are unsettling to a lot of law enforcement people, trying to link law enforcement investigations and criminal prosecutions with the political deal. we've always tried to keep the two separate. we value and pride ourselves as a country of rule, of law, where prosecutions, criminal prosecutions are decided on the merits without political influence. this throws an monkey wrench into it. in the eyes of the chinese, they believe the arrest and indictment of the cfo of huawei was politically motivated. we need to keep those things separate. >> at the same time, the deadline, the threat of new tariffs on march 1st by the president, is that the way to go about it in negotiating with the chinese? everyone agrees they've done terrible things for decades in terms of trade and blocking access to our markets, but is the white house taking the right approach? >> i've never really agreed with the approach the white ho

>> look, i think the huawei issues, we said repeatedly we want to segment or put fire wall between what we do with huawei and broader trade negotiations i think that's unrealistic when we're going after one of their top or the top technology enterprise in china, i think we are being naive if we think this doesn't effect the sense of what the chinese believe to be our aggressive intent. this puts them certainly on the defensive in that regard does cast i think more of a shadow on the negotiations than we would like them to do i don't think they're paying a whole lot of attention to the shutdown and disruptions and other issues the president may be focusing on the bottom line for china, carl, is that they have their development aspirations over the next 20 to 30 years that she jing ping laid out in public statements to the part congress and others they don't want to compromise on that they recognize there's a lot of push back from us, so they've got to negotiate some of the tho thorniest areas of push back to think they'll back off on core policies i think is naive. >> i want to go back t

from t-mobile and huawei was built on stolen u.s. i.p. from cisco and it's continued to do that since it was founded in 1987. it didn't become the world's biggest manufacturer of telecom equipment manufacturing on its own. it did it because of criminality and so we're at a point right now where i think that we have no choice but to go after them, even if that does undercut trade talks. lauren: that's the culture of china, gordon, to build companies by copying and stealing and then as we saw with those criminal charges, rewarding employees, paying out bonuses for them to do just that. so we'ring asking for a major cultural shift right now and while it should happen, we have to see if it done. r gordon chang, thank you for your perspective. >> thanks, lauren. gerri: potential presidential candidate and former starbucks ceo, howard schultz, isn't giving president trump credit for the united states' economic success. he was on the daily briefing with dana perino just last night. >> i would not give him credit for that because i think the redu

huawei was built on stolen cisco technology. and these talks in washington that started today, that's i.p. theft, too. lou: a bipartisan conference of lawmakers meeting today. the president tweeting any talk not including a barrier is a waste of time. lou: blood in the streets, a terry pike crime thriller, we recommend it to you. we thank you for joining us. good night from new york. see you tomorrow. >>> the u.s. economy is in a good place and we will continue to use our monetary policy tools to help keep it there. come mop sense, risk management -- common sense, risk management suggests patiently awaiting clarity. lauren: stocks rallilying yesterday, the dow soaring above 25,000 for the first time this year after jay powell says no more interest rate hikes for now. >>> a big day on the street and wall street expecting the good news to keep on coming today when amazon reports earnings after the close. investors hoping for good news from general electric. lauren: it's not good news for tens of millions of americans bracing

thear justice department going after huawei. every day you see more of this happening. use the other countries doing it, poland, numerous countries are taking the threat seriously as well because huawei has already embedded in here. they are so much more to do. we still struggle, for example, with academia. i can't tell you how many universities in florida that i've talked to inside, the confucius institute, they use the agents of influence to shape the narrative and potentially identify americans who come in 20 years from now, could be a mayor, congressman, a leader of a major a corporation, and start to recruit them to the chinese. how many schools focus on that? we've got them kicked out every school but one in florida but more universitiesa. are breaking up that threat. it is still an enormous challenge to convince academics that this is a threat. >> tucker: considering these schools, almost every last one of them, rely on tax dollars, either. through guaranteed student loans or direct through grants to operate, doesn't the congress have some leverage on thiswe ques

huawei was built on stolen cisco technology. and these talks in washington that started today, that's i.p. theft, too. lou: a bipartisan conference of lawmakers meeting today. the president tweeting any talk not including a barrier is a waste of time. lou: blood in the streets, a terry pike crime thriller, we recommend it to you. we thank you for joining us. good night from new york. see you tomorrow. [♪] trish: socialist dictator nicolas maduro increasingly isolated and getting weak as the international community condemns his presidency. i just got off the phone with the interim president of venezuela. a russian plane flown from moscow lands in venezuela. there are reports the plane is being used to

huawei is getting squeezed. who is going to win? from a consumer perspective, i don't know how you can convince the consumer to pay more just because you are getting a 5g phone. its requires a new business model, often p2p. capx, you are seeing china and korea lead the. its will create deception. a lot of korea's rollout plans huawei asx do involve a key supplier. if that does not happen, it will change the fatih birol out -- 5g rollout. yvonne: thank you. david: from tax, we have to talk about banks. so much stuff to talk about. we are talking about india. our next guest remains bullish on the stock. we will ask him why. this is bloomberg. ♪ yvonne: india markets have just opened. here is how we are looking. rfed issueder the its statement. strength coming into your rup ee. avid: looking at the banks at swell, earlier in the week you had a massive drop off. you have increased provisions therefore bad loans that. let's bring in our guests to talk more about this. one of the top ranked analysts on the bank. christian, very nice to

charges against chinese electronics from huawei have also added some of these complications now at least seven people have died in the united states as a polar vortex brings a once in a generation deep freeze to a large swathe of the country it's been colder in some parts of the midwest and northeast than in antarctica john hendren has more now from willis michigan. in arctic freeze envelops the american midwest bringing dangerous cold in record low temperatures this is an event unlike any we've seen in a generation and i think it's really important that we protect people the arctic air of the polar vortex is sweeping the region driving temperatures down to thirty below zero celsius it should goggles o'hare airport with wind chills in the suburbs making it feel like minus forty eight the predicted low of minus thirty three at o'hare on thursday would be chicago's lowest temperature in recorded history the weather system stretches across a huge swath from the dakotas in the north that minus thirty degrees celsius to maine in the east and as far south as alabama to prevent freezing chicago

on monday, the justice department charged chinese telecom giant huawei with stealing secrets. the latest round of talks is and -- and at the escalating tensions between the two countries. for more on this, i spoke to th director of ssinger institute on china and the u.s. at the wilson center. alw much is hinging on the given that the state of the global economy could rest on whether ey can resolve this? robert: the talks over the next two days are part of a process. talks, perhaps two more rounds after this o, are supposed to conclude by march 2. if that doesn't happen, president trump has threatened to raise tariffschn 200 billion ese goods from 10% to 25%, which could result in a global slowdown. laura: china's econom slowing, but the u.s. economy is dependent on china. who has the most to lose from not budging in these talks? robert: in the short term economically it may be china, e because as you say, onomy has slowed down. some of it is a planned slowdown as china tries to move up the value chain and get more sustainable higher term growth. in the short term, xi jinping p

thnese see the targeting of huawei as political. the cfo's extradition hearing has been postponed to march 6th. the vice premier will directly send a message from president xi to president trump and could potentially influence the outcome of any deal on tde or huawei. for "nightly business report," i'm eunice eun in >beijing. customer growth slows at at&t and that's where we begin tonight's market focus. the company added far fewer wireless subscribers than expected as it tries to keep pace with verizon and t-mobile. it also lost more pay tv customers in the fourthar r. at&t has pulled back on promotional pricing for phone and television plans, as it focuses on paying down debt i following $85 billion purchase of time warner. the shares fell 4% to $29.37. >>> anthem is speeding up the lach of its pharmacy benefits management business. that move will allow anthem to accelerate itshole person health strategy which it believes will reduce the total cost of care. anthem easily beat fourth es and earnings estim said profit for 2019 will

charges against chinese electronics from huawei have added to the complications well in all the developments u.s. president all troubles lashed out on twitter country's intelligence services calling them naive and wrong over the threat posed by iran this after trump's own intelligence officials contradicted some of his claims on key national security issues well they included syria north korea and presidents the president's assertion that the horizon is actively seeking to develop nuclear weapons will trump has often ridiculed his political rivals as well calling them radical and crooked it's a technique he used to great effect before he moved into the oval office but critics fear his language is changing the political debate and provoking violence especially in the age of social media out of fisher explains from washington. and the radical democrats president donald trump thinks nothing of attacking opponents using claims and nicknames to win political advantage is angry as presidents get to congress and the bureaucracy and reporters and their news organizations other presidents have not tr

the way, that in the united states, i'm not so sure everyone would be running around buying wahwe -- huawei phones here, so that's an issue. on top of that, i think apple has another conundrum it faces, which is just the great topic we knew so much about, which is innovation, and how do you innovate, and how many great ideas does any one company or individual really have? you know, we're now at a point where instead of upgrading your phone every two years, it's going to push to three. maybe it will ultimately push to four. they've made a lot of money every time you upgrade. what do you do about that? is there the next ipad or the next iwatch? you know, what's the next thing? is this car? all these things. and we haven't seen that sort of step-change innovation out of that company, so i think it's a combination of all of those issues. >> what's the next great innovation you would want? >> i think all of this is probably related to health and biotech, ultimately. i think what they're doing with the watch, i have an apple watch, i wear it with ekg i think is interesting. i actually think, by t

might say the huawei issue, it's separate to the trade negotiations. were talking that china's largest tech company, and international check in and has been backed by beijing. it's hard to get around the optics at this for help beijing can put it to the side in these talks. if we were to take anything and just put aside the one particular company here, what the issue at hand is is that there have been intellectual-property issues, there have been ,ntellectual-property concerns that is a concern that brought the trump administration to and getts investigation us to the point where we are today with these trade negotiations. so we are addressing the symptoms. implicationsre the for not just trade flows but also investment decisions around the world? there are concerns we have expectingen -- were china pmi's to continue to show contractions. were seeing various indicators suggesting the front loading is over and were starting to see decisions being made on the basis of a longer term than short-term trade. is that concerning in terms of how quickly compani

the united states is pushing hard against that fearing that if huawei were able to complement that, china would have a global network able to steal technology. >> bret: the power struggle is intensifying tonight in venezuela as demonstrators take to the streets to show support for the opposition leader. president trump offered his own support on the phone. steve harrigan is in caracas, venezuela, and has our story from the ground tonight. >> downtown caracas turned into a protest zone for two hours wednesday at scheduled by the opposition before another major march on saturday. it marks the first show of outrage by supporters of juan guaidÓ since he declared himself interim president one week ago. the whistles and horns of sound of the frustration of a populace battling a million% inflation, shortages of food and medicine, and a former bus driver nicolas maduro as president we elected last year in a vote marred charges of fraud. >> those men must be in prison, imprisoned because they are harming children who are 12 and 13 years old. i've been protesting since 2002 and i will stop protest

prosecutors filed new criminal charges against the chinese company huawei and its chief financial officer and we were talking about donald trump just before and even before he moved into the white house we knew he was using the kind of language you wouldn't necessarily call presidential and hasn't changed his ways either he has accused his rival democrats of wanting to let murderers flood into the country so when that is creating concern that he has permanently our pending american politics and even inciting violence and fishes been looking at that. and the radical democrats president donald trump thinks nothing of attacking opponents using claims and nicknames to win political advantage as angry as presidents get congress and the bureaucracy and reporters and their news organizations other presidents have not tried to deal agenda minus them and so i think that's an important difference because he wants to degrade them as institutions in october last year a number of pipe bombs were sent to a points of president trump a florida man a trump supporter has been charged with sending thirteen

throw in huawei and you have potentially explosive situation. let's go to the white house with our very own blake burman with the latest. blake. reporter: you have a statement from the fed. i wish i had one here at the white house what might or might not be taking place in the discussions behind me at the executive office building a whole lot of anticipation for these talks but little more five hours in what may or may not have come out of it. very expansive, high level delegation, members of the president's trade team own one side of the table. their chinese counterparts on the other side of the table. cameras allowed in briefly, all the look we've gotten so far for two days of discussion. coming a couple days after the justice department filed charges against the chinese telecom giant huawei and its cfo. treasury secretary steve mnuchin saying that is an entire i separate matter. >> i found out about it yesterday when it was announced so those are not part of trade discussions. forced technology issues are part of trade discussions. any issues

state subsidies and industrial espionage to legitimately gain a leg up on the competition case in point huawei. the u.s. recently accused the chinese tech giant of violation international sanctions against iran and stealing trade secrets something the chinese government vehemently denies. you know it's been some time since the us started to use its state power to smear and suppress certain chinese enterprises in an attempt to throttle their legitimate operations their intentions are strongly political and manipulative we suddenly urge the us to stop ill founded suppression of qual way and other chinese enterprises you know we've got. experts are skeptical that both sides will find common ground this week china is unlikely to give up its cavalier approach to foreign intellectual property any time soon. and after trump's recent loss in the u.s. government shutdown he's likely to push for sweeping reform made of steel but time is ticking if no deal is reached trump has threatened to impose another two hundred sixty seven billion dollars of tariffs on chinese goods starting in march. are known to

industry and how they target the most vulnerable among us and later here inside the washington beltway huawei has been charged with myriad crimes as senior u.s. government officials ramp up the rhetoric in the ongoing conflict with china on the eve of the u.s. china trade negotiations here in washington they begin wednesday mail edition the owner of which join us to discuss all that in our sights but first we had right to some headlines let's go. brinksmanship leads our global report today is u.k. prime minister theresa may opens her draft agreement to amendments from the british house of commons ms may effectively conceding that parliament has disregarded past precedent and their way to the breakfast table spent a full day of rollicking debate in an editing session on her draft plan ms may is especially anxious for changes on the matter the so-called backstop issue on the irish border changes to the status quo on that front could violate and perhaps destroy the good friday peace agreement for northern ireland ms may's minority government includes the democrat unionist party of militant prote

request of huawei's cfo and an indictment unsealed against the company this week, certainly, john, the stakes in this negotiation are very high. >> see you back here tomorrow. brianna keilar starts right now. ♪ ♪ >>> i'm brianna keilar live from cnn's washington headquarters. under way right now. he can't seem to criticize vladimir putin, but the president able to insult america's intelligence chiefs after they contradict him. as the u.s. heads for a potential shutdown sequel, the president draws a line in the sand as lawmakers begin negotiation. plus senator kamala hairris bending after promising to eliminate health insurance. why is jared kushner's father behind one of the most loathsome crimes. deep thoughts with chris christie. up first, go back to school n. go back to school, that is president trump to his intel chiefs. the global threat, one that contradicted the president's views and he responded by rebuking his own advisers after disputing their assessments on isis, north korea and other issues and accusing them of underestimating iran. the president tweeted this. he said t

reaching a consensus -- a consensus may have gotten more difficult with huawei. when we spoke with michael pillsbury, who advised president trump, he said it could help. >> i think it gets us more leverage. they expect this kind of thing. the united states and china have been negotiating a lot of different things over the last 45 years. there is a cycle or pattern to these negotiations and usually applying pressure at the last minute through other means can be quite important. serveddavid dollar once in beijing as the u.s. treasury department's representative. he is a senior salad -- senior fellow now. good to have you with us. , if you will, does the law way -- does the huawei indictment make it easier? indictment,uawei looking straight discussions. i do not think it will have much effect of what will happen as -- chinesece premier premier negotiates. it is in the background. it is a reminder that things can get worse in u.s. china -- u.s.-china relations. i do agree that it does have an effect in terms of u.s. leverage. but it does not have too much effect on w

request of huawei's cfo and an indictment unsealed against the company this week, certainly, john, the stakes in this negotiation are very high. >> see you back here tomorrow. brianna keilar starts right now. ♪ ♪ >>> i'm brianna keilar live from cnn's washington headquarters. under way right now. he can't seem to criticize vladimir putin, but the president able to insult america's intelligence chiefs after they contradict him. as the u.s. heads for a potential shutdown sequel, the president draws a line in the sand as lawmakers begin negotiation. plus senator kamala hairris bending after promising to eliminate health insurance. why is jar

the huawei story could be a factor. what is the thinking about the way this week goes? >> most of the people who follow this closely with suggest there is an option four, we do not get anything at all. at least not publicly. the first idea you mentioned that we will get some sort of report that there has been progress made and that they will keep talking is the most likely event. the second most likely is they break off entirely because they are upset. . with each other. that does not look like it is going to happen this time. the problems they are happening over -- they are talking about over at tech transfer are difficult to walk -- are difficult to work out. of standstill agreement. an idea that we are making progress. aheade are going to push and that we done -- we do not need to push the tariffs. it is probable you will get through these meetings without an indication of where it will end up. vonnie: is this phase of about ip, and the sense of, we have had the movement for soybeans and things like that? >> it is hard to see where you would move at this point given

economic conditions in china, although could it also be intensifying competition from local names like huawei and jaoume but cook says that's nothing new, he has been dealing with that for a while, saying, i think the competition is very tough there, but that didn't change in the december quarter, it's been like that. finally, given these potential signs of improvement in china, i asked cook about his guidance, conservative at least relative to the street's expectations cook telling me, we don't attach our guidance to what the street is looking for, we attach it to what we think we can do. and we think we can do $55 to $59 billion, given the currency situation, he told me, he thinks it's strong guidance guys, back to you. >> josh lipton, thank you for those headlines and that color from tim cook. shares are up about 5% right now. >>> coming up next, we are just hours away from a fed decision expected to hold rates steady. former fed governor and deputy treasury secretary, sarah bloom raskin is going to join us next. don't go anywhere. in the u.s.tate to have a hundred percent renewable energy

>> reporter: it's hard to overstate how big huawei is to china. it's a massive telecommunications firm. china has been upset. they're really not happy about it at all. after the indictments came down, the ministry of foreign affairs came out with a statement, said they expect her to be released. they didn't take that opportunity to up the rhetoric, to turn up the heat a little bit. i think within that, the fact that they made that choice shows you they don't want huawei to scuttle any potential trade deal, at least not yet. >>> president trump has personally reached out to venezuela's opposition leader juan guaido, which the u.s. recognizes as the president of venezuela. the white house says president trump spoke with him on the phone this morning to reinforce his support. >> more mass protests expected in venezuela as guaido and nicolas maduro fight for political control of this country. with me now nick paton walsh. so president trump speaking to guaido, america's choice in effect for president, the actual president of venezuela. what are we hea

company's chief financial officer when one joe is in is in on bail in canada so it's having a huge impact huawei is also suffering all over the world now i think the checks for the latest two with throwaway products in some areas so making the chinese more and more angry so i think all of these these factors are playing a big role in the talks. is it true that if you hit while you hit china one could say that. is that clever move using from from the u.s. to threaten wall a i think strategically it's very interesting i think the brave move you know say it's a flag carrier it's a national hero. it shows that they feel they've done that they hold all the cards the chinese have made some concessions they said they will review the foreign investment legislation which made as you more level playing fields but at the same time the chinese are also very capable of playing tough on this it's a very big country with a very big commie and so i think there they feel prepared to certainly tough it out hard to say how it will eventually play out but i think that the time being there they're quite happy to to

the negotiations are overshadowed by newly unsealed criminal charges against chinese telecoms giant huawei and by a slumping chinese economy. also on the show money for nothing opposition candidate pro gundy wants to give poor in the end so universal basic income sounds like a good idea but can india afford it. this is. business asia. as in berlin welcome american and chinese officials are set to begin a new round of trade talks in washington today the latest efforts to resolve the dispute that has disrupted business across the globe the stakes are high u.s. president donald trump a stretch to raise further tariffs on chinese goods if no deal is reached by march that would hit an already slumping chinese economy and then there's the issue of why way will they won't they that's the question in washington as the world's two biggest economies sit down to work out their differences and subtle their open trade conflict since u.s. president donald trump took office beijing and washington have taken turns slapping each other with ever higher punitive tariffs. the u.s. government argues that china

mnuchin said the huawei news is a separate thing. i don't know how you can separate these two things. huawei has been stealing trade secrets from u.s. companies. how is that different than stealing intellectual property? at this point it was a separate thing. that was a department of justice issue, the huawei sanctions, but i think this has to come up. i think the chinese are going to have to make a real sure effort to actually make the americans believe that they are trying -- they are making an effort to stop stealing i.t. and enforcing transfer of technology. >> sandra: the editorial board at the "wall street journal" said they should be separate issues. to your point how can it not come up? two days of meetings with the chinese delegation. this is important as we finish up here. the president mentioned china 18 times in a speech to the american farm bureau federation two weeks ago offering assurances a deal will be reached. expectations are really high. >> don't forget. they signed into law the $867 billion farm bill. the adminis

cook whether part of the issue in china could be intensifying competition from the local rivals, like huawei and others, and he argues that's nothing me i think the competition is very tough there, he says i think it's the most competitive market in the world, but that didn't change in the december quarter it's been like that. as the iphone franchise comes unpressure of course, there's more tension in that company's services division which grew 19% to 10.9 billion. i did ask cook if services can keep grow, even as iphone sales come under pressure. he tells me that's what's more relevant sheer that his total base of active devices keeps growing, now reaching 1.4 billion. services are largely connected he says to the active install base so it's connected to that 1.4 billion. these are the people that are subscribing to apple music they are subscribing to icloud guys, back to you. >> josh, a lot of talk about 4x. a lot of talk about a slowdown in china how much would you say of the weakness that apple is experiencing can be chocked up to macro economic factors, and how much of it is apple-speci

the talk comes days after america charged huawei for stealing trade secrets from american companies. got it. let's get to venezuela. president trump: the opposition leader wanted guaido, this morning called him to congratulate him for sending to the president he. he is our guy. in the meantime, guaido talked with her on trish regan last night. listen to what he told about the country's most pressing needs. roll tape. >> that's very important. the people need medicine, food that the humanitarian aid passed and approved by the united states, the european union. that's the first priority. now venezuela lives on $3 a month. that's a tragedy. it's impossible to survive under these conditions. >> president trump followed that with this tree. willing to negotiate with opposition in venezuela following u.s. sanctions and the cutting off of oil revenues. guaido is being targeted by venezuelan supreme court. massive protests expected today. americans should not travel to venezuela until further notice. according to a tech crunch investigation, facebook has been secretly paying users, some as y

case in point huawei. the u.s. recently accused the chinese tech giant of violating international sanctions against iran and stealing trade secrets something the chinese government the mentally denies. it's been some time since the us started to use its state power to smear and suppress certain chinese enterprises in an attempt to throttle their legitimate operations their intentions are strongly political and manipulative we suddenly urge the us to stop ill founded suppression of qual way and other chinese enterprises. experts are skeptical that both sides will find common ground this week china is unlikely to give up its cavalier approach to foreign intellectual property any time soon. and after trump's recent loss in the u.s. government shutdown he's likely to push for sweeping reform of steel but time is ticking perhaps if no deal is reached trump has threatened to impose another two hundred sixty seven billion dollars of tariffs on chinese goods starting in march. well will they won't they find an agreement wi

is reached by march that would hit an already slumping chinese economy and then there's the issue of huawei. one thing that's the question in washington as the world's two biggest economies sit down to work out their differences and settle their open trade conflict since u.s. president donald trump took office beijing and washington have taken turns slapping each other with ever higher punitive terrace. the u.s. government argues that china is taking advantage of.

alix: soybeans versus huawei. lisa: it is a tough one. alix: ira jersey and lisa abramowicz, thank you very much. back: we have theresa may for prime minister question time. there is mr. corbin, her opponent. directionth on brexit -- go back over to brussels and renegotiate. she has to go back over there. she says it will not be easy. they booed her in parliament. they are tough. alix: they did. after a pretty solid run, it did decline yesterday. david: a lot of volatility. alix: overnight volatility. lackluster earnings? we don't really care. more on the why, next. this is bloomberg. ♪ taylor: this is "bloomberg daybreak." i want to take a look at the shares that are rising. whirlpool was down 5% and then ended up the day almost 10% up. revenue and earnings per share missed estimates, but the company sang their 2019 tariff costs will be the same as 2018. g tv , we are taking a look at apple. a 4.5% decline in revenue. shares up 5% today. this provided a good entry point into the stock. all the concerns about china, slowing growth,

stop unreasonable bashing on chinese companies including huawei and treat them objectively and fairly." negotiators on trade meet in the united states with u.s. counterparts talking about those issues. all that falling under the banner of foreign affairs, foreign threats and your confidence in the administration to meet those. vernon in south carolina, you are next. caller: thank you. host: vernon from south carolina, hello? caller: hello? host: you are on, go ahead. caller: i want to know why. host: hello? -- caller: hello? i am here. host: turn down the tv and go ahead with your statement. caller: i want to know why they soe so much problems with -- much problems with the president that can be fired. somebody has got to be accountable for everything. who is accountable for him? host: tony in maryland, independent line. caller: yes, i have no confidence at all and i am there to figure out since seems to be, according to trump, a national crisis at the border, that this issue was not even brought up to a threat to this country. it wasn't mentioned by the intelligence directors at all.

you tossed the negotiations are overshadowed by recent criminal charges against chinese telecom giant huawei and by a slumping economy plus a refugee footballer detained for more than sixty days in thailand akim all bribe he is from bahrain and fears that he will be tortured or even killed if he is sent past efforts to free him to return to his adopted country australia are now gathering place plus and is taking food that a supermarket has thrown away the same as stealing it that's the question for german for today in the case of two students who were accused of theft after the dumpster diving. i'm sorry kelly welcome to the program there is a potential new standoff brewing between britain and the e.u.'s after british lawmakers last night voted to reopen talks on the breaks that agreement they've given prime minister to resign may a mandate to renegotiate the so-called irish backstop that's the plan to avoid a hard border between northern ireland and the republic of ireland but it's not clear what she can actually achieve because the e.u. insists that that provision cannot be changed. in a s

maria: i was told that actually when they put sanctions on huawei the treasury wasn't told, some of the economic ministers weren't told and it was the department of justice issue, again, we know what's going on with huawei, i think it's difficult -- maybe this is the beginning of saying we couldn't get anything done on ip theft. >> there's been a lot of good cop-bad cop statements, statements from mnuchin contradict ones from mr. ross and contradicts mr. lighthizer, as we get closer, market people are going to demand that there's convergence of policy here. china has to be compelled. maria: they are not opening up market, china wants a deal. you see that in financial services. >> are they going to stop stealing software and things like that? maria: i think it's culture. dagen: i think it's a cultural hurdle that the u.s. in short run will not be able to jump over. the issue with president trump if -- people love to mock what he said on twitter, he called himself tariff man, he has been fixated on trade deficit with china, he sees that whether he's write or wrong assign that the u.s. is

what the 5g policy will be i mean, the justice department laid out a pretty clear set of facts against huawei in the case -- in the charges that they unveiled just a couple of days ago. certainly, when the white house is talking about these issues of intellectual property theft and of forced technology performer, i mean, this really serves them in laying out a very clear anecdote to illustrate exactly what they're talking about and how this plays out on the ground as for 5g, i know it has been a hot topic within the administration there has been that debate over do we have a nationalized 5g grid we roll out do we pilot it in a smaller fashion? those debates are still underway it's still under consideration with, again, a lot of idea logicallogical differences the overall recognition as have you seen laid out in the national security strategy that 5g is of integral importance to the u.s. to its competitive advantage going forward and as to now they still haven't figured out exactly how they're going to attack it >> what -- what you pointed out a few minutes ago from axios, the idea that hopes