trump's u. turn the u.s. president wants to rescue the chinese tech giant that he set out to destroy republicans are baffled about the pledge investors hope this will ease trade tensions also coming up with the u.s. pulling out of the iran deal russia china and europe all want to feel the business forward but what cost. on the french rail such strike saga continues and just got worse all the french government buckle under the pressure of commuter chaos. this is your business update on how the home for. you could join me talk about eight earn around after banning american suppliers from doing business with the chinese tech giant u.s. president donald trump now says he wants to save the company it relies heavily on tech made in the usa trump says he's instructed officials to come up with a rescue plan saying too many jobs are at risk with a pledge of

a rescue plan has sparked consternation from lawmakers from both sides of the political spectrum most of all though it's raised the question why. just one month ago things looked pretty grim for a chinese phone maker z.t. having been denied access to american suppliers it was forced to halt its core operations then out of the blue came the tweets that could be itself. after engineering become pennies demise donald trump pledged to help c.t.e. showing an unprecedented concern for chinese jobs unsurprisingly the chinese government was swift to voice its approval saying it thought quote highly of the development. that left us commerce secretary wilbur ross with the tricky task of explaining the u. turn. c t did do some inappropriate things they've admitted to that the question is their alternative remedies to the one that

we had originally put forward and that's the area we will be exploring very very promptly the inappropriate things he's referring to relate to z t e illegally shipping u.s. parts to iran and north korea critics say trumps new softer stance towards china is in comprehensible and will hurt u.s. business and my worry after this thing is china law for some small term palea to they'll say ok we'll buy your products and we won't be tough on them stealing intellectual property and then insisting that we make our goods in china to sell them there instead of allowing us to sell goods here as they are allowed to sell their goods here in america one possible explanation for the move is that it will provide leverage in upcoming bilateral trade talks the wall street journal reports that china could scrap plans to impose tariffs on american farm goods in exchange

for the u.s. savings e t e. well let's bring in our financial correspondent on wall street now yens quarter ends why is a company which violated sanctions being supported by the very president is talking tough when it comes to trait. certainly a very surprising move for specially as the us presidents not just announced the ban a couple of weeks ago. it's certainly crucial because not just that they depend on all those components made by u.s. companies but also. is the forest because seller of smartphones here in the u.s. or the u.s. is also a crucial market for the it is to a certain degree good news for those of you as manufacturers and component delivers because now one of their clients might be

a safe standard so one of those typical example of donald trump to play hardball to maybe also get a better negotiation position for other issues good news for that company but each face can we really say perhaps is this a sign that trump is now trying to avoid a trade war. and another it's wait and see but at least it looks like donald trump is opening the door a tiny little bit and this week might be pretty crucial for trade between china and the united states of the two biggest economies on the planet there is a chinese trade delegation on its way to washington and but also on tuesday the three day sort of a hearing begins in washington where u.s. companies can say how they might be affected if there should be an escalation of trade tensions between china and the u.s. on one side if you look at the retail industry they depend on cheap imports from

china and then on the other side if you look at exporters of here look at the u.s. agriculture will industry they might get hit hard if china answers there with their own terrorists for example on a great cultural products all those u.s. companies they will have the chance to make their case in washington in the next they're couple of days so we will see if the tension can be smooth and in the next couple of days so had a crack in the door let's see what happens with that trade delegation yens cota for us in new york thank you. meanwhile u.s. security adviser john bolton has labeled iran the central banker of international terrorism this just days after the u.s. announced that it was pulling out of the nuclear deal and that it was reinstating sanctions on iran in any country's doing business with the country and iran has given the e.u. sixty days to reaffirm their commitment to that deal here a p governments are now scrambling to come up with

a response. here peon firms operating in iran are feeling anxious about their future comments from u.s. national security adviser john bolton have so far struck an ominous tone does the united states going to sanction european companies that do business with iran i think the issue here is what the europeans are going to do if they're going to see that it's not in their interest to stay in the deal we're going to have to watch what the iranians do is the u.s. going to impose sanctions on european companies that continue to do business with iran i think it did give the answer you said today the answer is it's possible it depends on the conduct of other governments find the u.s. is exit from the iran deal and the new sanctions threaten to worsen relations already suffering from a transatlantic trade dispute european officials have said they will not allow the u.s. to dictate trade policy here's what german economy minister peter had to say. this tournament i just thought that i would do everything to protect german companies

but ate in advice that will give them or backing that will discuss what american government agencies are doing when talking about a one sided decision they consider wrong and i decided to get. up and it's not so one hundred if i tried but altmire has also said the government can provide financial assistance to companies suffering losses from the sanctions iran's foreign minister is set to meet his counterparts from germany france and the u.k. in brussels on tuesday to discuss the future of the iran deal without the u.s. but european firms on the ground may find themselves facing the fallout alone. here in germany researches say they have identified major flaws in the encryption methods used in e-mail applications like microsoft outlook and pull mail now encryption methods are used to keep your data private but experts say the vulnerabilities could pose an immediate risk now the finding is likely to be another worry for general make us who are already grappling to deal with online

threats. what cyber crime has hit german institutions hard in recent years from an attack on the government's id system to having directed to telecommunications companies criminals abroad have managed to infiltrate systems thought to be secure . less some lawmakers are calling for more action to be taken to tackle the problem head on since he believes he is to us i know raising awareness is one thing but as well as that we need to further develop our forms of protection here at the office for the protection of the constitution we're ready placing a bigger focus on defense but we also need to be able to go on the offensive to do this with. no. one measure some companies and officials are calling for is permission to hark back in other words to attack the computer is attacking them at present the practice isn't legal in germany. any computer capabilities that enable us to retrieve stolen data. to

the days of the thieves have access to access their servers or in the most serious cases to shut off servers. as the threat of online attacks grows the debate about the possibility of hockey is likely to intensify. french president a minor way back home might be revisit across the continent as a great european but he is facing a tough a crowd at home israel reform for one thing is facing stiff opposition from the sectors workforce he wants to raise the retirement age for new drivers from fifty two and kill jobs for life guarantee the conflict is preview an important test of michael's strength. anyone currently planning to take a train in from school need to keep a cool head stations like this one in paris a full to bursting most of the trains will come sold because almost three quarters

of the dreyfus are on strike this is the fifth week of strikes but passengers are exercising solidarity. with them so they have the right to strike that's the way it is. it affects us a lot but we just have to wait until. still two months to go i was of course all the more as well as he did listen i think the government needs to reach out somehow because we feel like we've been forgotten except by a state they need to listen to the little people and not just the big quakes a pretty competent. stage they spoke out in protest to the government's reforms president has defended his plan to rebuild the state away saying it will make it cheaper to operate and provide a safe more reliable service. that's up to date with the latest from the wall dollface nest for more find us on facebook follow us on twitter. to school business i'm there as well helena see humphrey is my handle i'll be back.

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