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News Wrap: China’s Xi Jinping offers to lower trade barriers

In our news wrap Tuesday, Chinese President Xi Jinping renewed offers to lower trade barriers to China's markets, setting off a stock market rally. Xi said Beijing will significantly lower automobile tariffs and strengthen intellectual property protections. Also, the Organization for the Prohibition of Chemical Weapons announced it will investigate a suspected attack by the Assad regime.

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  • Judy Woodruff:

    And in the day's other news, The president of China renewed offers to lower a series of trade barriers. His statement eased fears of a trade war and set off a stock market rally. Xi Jinping told a conference in Southern China that Beijing will significantly lower automobile tariffs this year and strengthen intellectual property protections.

  • Xi Jinping (through translator):

    We are taking efforts to make the outcomes of opening up benefit Chinese enterprises and people, as well as enterprises of various countries in the world and their people in the shortest possible time. I believe, through these efforts, the competitiveness of Chinese financial industry will be greatly improved. China's opening-up will usher in a brand-new prospect.

  • Judy Woodruff:

    China has announced many of the reforms before. But in a tweet this afternoon, President Trump said that he is thankful for what he called Xi's kind words.

    Xi's words also played well on Wall Street. The Dow Jones industrial average gained nearly 421 points to close at 24408. The Nasdaq rose almost 144 points, and the S&P 500 added 43.

    On Syria, the International Organization for the Prohibition of Chemical Weapons announced that it will investigate a suspected chemical attack by the Assad regime. That came as video on social media purportedly showed the site of the attack that killed 40 people and a missile that allegedly contained gas.

    Meanwhile, at the United Nations, Russia vetoed a U.S. call for a full U.N. investigation, and U.S. Ambassador Nikki Haley had this reaction,

  • Nikki Haley:

    Today, some countries decided to stand up for truth, accountability and justice for the Syrian people. History will record that, on this day, Russia chose protecting a monster over the lives of the Syrian people.

  • Judy Woodruff:

    A competing resolution by Russia also failed. President Trump said on Monday he is considering a military response in Syria.

    Separately, an aide to Iran's supreme leader warned Israel will pay for Monday's strike that killed seven Iranians in Syria. Iran's state media quoted Ali Akbar Velayati as saying, in Damascus, the crimes will not remain unanswered. Israel has not confirmed that it carried out the missile strike on a Syrian air base.

    The U.N. cultural organization UNESCO has condemned Monday's mass killing at a famed wildlife park in the Democratic Republic of Congo. Five rangers and a driver were slain at Virunga National Park. It is home to about a quarter of the world's mountain gorillas. The attack, by an armed militia, was the deadliest since the park was established in 1925.

    In Britain, one of two victims of a nerve agent attack was released from the hospital today. Yulia Skripal was taken to a secure location. Her father, Sergei Skripal, a former Russian double agent, remains hospitalized. Britain, the U.S., Germany and France all blame Russia for the attack.

    Back in this country, the president's homeland security adviser, Tom Bossert, resigned unexpectedly, in the latest in a string of White House departures. It came a day after John Bolton took over as the newest national security adviser. He said he is planning to put his own stamp on that part of the White House apparatus.

    And National Guard troops from three states have begun arriving at the U.S.-Mexico border, answering President Trump's call. As of today, Republican governors from Arizona, Texas and New Mexico had committed 1,600 Guard members. The president says that he wants 2,000 to 4,000. California's Democratic Governor Jerry Brown has not said if he will also deploy the Guard.

    Still to come on the "NewsHour," the latest on the FBI raid of President Trump's lawyer's office and residence; how one school district is taking measures to sure its students; a new book chronicles the human toll of the Syrian civil war; and much more.

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