SQUAWK BOX, THURSDAY 16TH JANUARY, 2020

The biggest ever seen…President Trump hails the signing of Phase 1 of the trade agreement between Washington and Beijing but insists tariffs will remain in place until Phase 2 of the deal is completed. Vice-Premier Liu He says the deal is 'win-win' for both sides as well as on a global level and promises to increase foreign access to Chinese markets. In Russia, Prime Minister Dmitry Medvedev and the government resign following President Putin’s sweeping proposals to reform the constitution which could see his reign extended. We are also live in Riyadh where the Kingdom’s former head of intelligence, Prince Turki al-Faisal, tells CNBC exclusively that the Iranian regime is imploding.