trump's u. turn the u.s. president wants to rescue the chinese tech giant that he set out to destroy republicans a 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 in just court 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 supplies from doing business with the chinese tech giant is a 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 first of all though it's raised the question why. just one month ago things looked pretty grim for a chinese phone maker z.t. e how to be denied access to american suppliers it was forced to halt its core operations then out of the blue came out tweets that could be its solve ation after engineering the company's 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 u.s. commerce secretary wilbur ross with the tricky task of explaining the u. turn. c t i 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 us parts to iran and north korea critics say trump's 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 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. well let's bring in our financial correspondent on wall street now yan's quarter yes 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 first 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. the forest because seller of smartphones here in the u.s. or the u.s. is also a crucial market. it is to a certain degree good news for those of you as manufacturers and component to deliver us 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 a face can we really say perhaps is this a sign that trump is now trying to avoid a trade war. tell him that 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 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 so 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 and the next they're couple of days so we will see if the tension can be smooth and in the next couple of days i had a crack in the door let's see what happens with that trade delegation yens quota for us in new york thank you. meanwhile u.s. security advisor 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 european governments are now scrambling to come up with their response. european 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 is 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 gave 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 said that i will do everything to protect german companies but that

will give them or backing that will discuss with american government agencies are doing when talking about a one sided decision they consider wrong. i decided to go and try to. win these thoughts on 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 such 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 they 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 they 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. one cyber crime has hit german institutions hard in recent years from an attack on the government's id system to have been directed to telecommunications companies criminals abroad have managed to infiltrate systems thought to be secure . some lawmakers are calling for more action to be taken to tackle the problem head on since you believe 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. own one measure some companies and officials are calling for is permission to hark back in other words to attack the computers attacking them at present the practice isn't legal in germany. need computer capabilities that enable us to retrieve stolen data. to delete the

data the thieves have access to sometimes 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 harking back is likely to intensify. french president of anyway back home might be revered across the continent as a great european but he is facing a tough a crowd at home israel reform for one thing he's 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 prevailing important test of michael 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 drivers 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 to . it affects us a lot but we just have to wait until and it's still two months to go i suppose all the more as well see that with and i think the government needs to reach out somehow because we feel like we've been forgotten except the way. they need to listen to the little people and not just the big quakes a pretty competent. the union stage this out in protest to the government's reforms president has defended his plan to rebuild the state trial way saying it will make it cheaper to operate and provide a safe more reliable service. that set you up today with the latest from the wall golf is next for more find us on facebook follow us on twitter d w on to school business i'm there as well helena see humphrey is my handle i'll be back

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