Stocks Slip On Renewed Trade War Worries
BRIGGS: During last night's debate, the 2020 Field spoke of the importance of the African-American vote. Senator Kamala Harris repeatedly talked about the need to rebuild the Obama Coalition. Senator Cory Booker said black voters are "pissed off," because their issues only seem to matter when politicians need their vote. Biden tried to argue that he is part of the Obama coalition, but Mayor Pete Buttigieg who has taken heat for overstating his black support in South Carolina eloquently used the opportunity to reach out to African-American voters.</s>BUTTIGIEG: While I do not have the experience of ever having been discriminated against because of the color of my skin, I do have the experience of sometimes feeling like a stranger in my own country. Turning on the news and seeing my own rights come up for debate. And seeing my rights expanded by a coalition of people like me and people not at all like me working side by side, shoulder to shoulder. Making it possible for me to be standing here wearing this wedding ring in a way that couldn't have happened two elections ago, lets me know just how deep my obligation is to help those whose rights are on the line every day even if they are nothing like me in their experience.</s>ROMANS: There are also some clashes. Senator Kamala Harris lashed back at Congresswoman Tulsi Gabbard, after Gabbard was asked about what she described as the rot in her own party.</s>GABBARD: That our Democratic Party unfortunately is not the party that is of, by and for the people.</s>HARRIS: think that it's unfortunate that we have someone on this stage who is attempting to be the Democratic nominee for President of the United States who during the Obama administration spent four years, full-time on Fox news criticizing President Obama.</s>GABBARD: That's ridiculous Senator Harris.</s>HARRIS: Who had spent full-time--</s>GABBARD: That's ridiculous</s>HARRIS: Who had spent full-time criticizing people on this stage, as affiliated with the Democratic Party, when Donald Trump was elected, not even sworn in, buddied up to Steve Bannon to get a meeting with Donald Trump--</s>GABBARD: What Senator Harris is doing is unfortunately continuing to traffic in lies and smears and innuendos because she cannot challenge the substance of the argument that I'm making, the leadership and the change that I'm seeking to bring--</s>BRIGGS: Joe Biden though reinforcing his reputation as a gaffe machine for this remark on stopping violence against women.</s>BIDEN: No man has a right to raise a hand to a woman in anger other than in self-defense, and that rarely ever occurs. And we have to just change the culture, period, and keep punching at it and punching at it and punching it. It will be a big punch... no, I really mean it. It's a gigantic issue</s>BRIGGS: Unfortunate choice of words to say the least. The next debate set for December 19th on</s>PBS. ROMANS: All right. Trade uncertainty is back on Wall Street. The Dow fell 113 points after Reuters reported a phase one trade deal between the U.S. and China might not happen this year. President Trump said this about the status of the deal.</s>TRUMP: China would much rather make a trade deal than I would.</s>REPORTER: Then why haven't they?</s>TRUMP: Because I haven't wanted to do it yet.</s>REPORTER: And why haven't you wanted to do it yet?</s>TRUMP: Because I don't think they're stepping up to the level that I want.</s>ROMANS: Here are the core issues. Beijing wants extensive rollbacks on tariffs. The U.S. is seeking promises on agriculture purchases, intellectual property protections and enforcement. There's been - there have been complaints about - from people who are watching this process that the Chinese make promises in meetings and then don't follow through on paper. Trump and President Xi were supposed to meet in Chile this week to sign the deal. New locations have been floated, but nothing has been set in stone and negotiations appear to be getting harder and the clock is ticking down. A new round of tariffs on $156 billion in Chinese made goods, these are consumer goods. That new round of tariffs looms December 15.</s>BRIGGS: And it puts Democrats in an interesting position at that debate. Would you continue the tariffs, would you continue the money the farmers and they're trying to thread the needle, but eventually they have to say well, yes, but we wouldn't be in this situation in the first place.</s>ROMANS: There have been pro labor Democrats for years who've been critical of trade deals and critical of China, so they find themselves simpatico with the pressure campaign on China, but not necessarily on the way it's playing out in the American economy.</s>BRIGGS: Interesting debate ahead. All right. The driver pulls a man from a burning car. A last second save captured on camera. Next.