business news live from berlin u.s. president donald trump locks horns with the european union he's traded go as he calls it as both sides gear up for a trade war he meets with the e.u. commission president john quote. hopefully we can work this out he said we'll be live in washington and in brussels also coming up they're counting the votes in pakistan after a violent election campaign voting in post areas with peaceful but a deadly suicide bombing cast a shadow over the day we'll go live to islamabad plus.

the target far too little to stand together bright. and. greece's prime minister alexis tsipras consoles a grieving nation after wildfires kill at least eighty people rescue workers are now going door to door searching for survivors. a little. welcome to the program european commission president john claude juncker has met with u.s. president donald trump in washington d.c. to diffuse e.u. u.s. trade tensions ten days ago trump declared that the e.u. was a quote follow in an interview with the us had imposed punitive duties on steel and aluminum imports from the e.u. which responded with tariffs of its own against u.s.

products both sides have filed complaints with the world trade organization the meeting between younger and trump was aimed at averting an all out trade war martians. and for more let's bring in correspondent alexander for naaman who is in washington and baird record has the view from brussels and alexandra i'd like to begin with you because when we look at these two men they both pride themselves on being deal makers with a personal touch you were actually in the room before they met was it a warm welcome well i wouldn't say it was a warm welcome i would say it was a very friendly atmosphere that is true when they met in the oval office at one point us presidents trump even put his hand on chris leg clearly demonstrating that you know they know each other over there you respect each other and get along well at the same time my impression was that those leaders were sort of attends at

the same time with the u.s. president stressing once again that the u.s. is losing money and with the e.u. commission president seeming to lecture the u.s. president by stressing that both the european union and the u.s. are close partners and snorts enemies a lot of lecturing also a lot of name calling we have to mention between these two just generally speaking we know also that yesterday about younger said that it could be that trump has something to offer us does it seem as if the atmosphere is ripe for about something to materialize today. if you ask me about the just like maybe you have an hour ago i would say no we don't have any indication that there really is going to be progress on trade however now we are expecting bruce leaders to hold a joint remarks or

a joint press conference that's something we don't really know where we're going to just keep remarks or hold a press conference and that is something that i would say is a good sign because they wouldn't do that without having something to tell. bernd i'd like to turn to you now because the european commission for its part said that this trip was part of and i want to quote here a dialogue designed to d.j. drama ties the situation. was that code for don't expect too much here i mean what are the hopes just generally speaking on the e.u. side. general good younger they you commission president said before you go into the white house i don't have much expectation that this bill you know materialize anything substantial but he wanted to mend fences and to have to create a kind of develop a kind of personal relationship to saddam trump because he's things that this is the way to get through to the president because with arguments numbers and boring

facts you can't get him so you guys are counting on this ability you know to have a personal. relationship with trump and to have to do to reach something like that but we don't know exactly if there's an offer on the table you had before he would not offer something but maybe they came out somehow somehow to terms to night and we know that there is so much at stake especially because the u.s. president donald trump has escalated the rhetoric saying that he could even hit the european auto industry a move that would especially hit germany we know about the e.u. it is said to be drawing up a list of about twenty billion dollars in u.s. products to be targeted for retaliation if this trip were to fail if the trade war to escalate further doesn't have any other options backed buckle we see here but the european union of course is also suing the united states before the w.t.

over the bow trade organization the u.s. also trying to get other partners on board like japan. also like china and other asian countries to show the americans that they are isolating themselves and if there is a real trade war then of course the the european union could also come up with other tariffs they could retaliate against let's say the american services industry like or and as you know google this is also likely but of course the u.s. wants to avoid that. alexander i want to talk with you now about the mood there in the united states that you're all too familiar with we know that american farmers and business is that they're taking a hit from this harsh trade policy and that the trumpet ministration actually announced on tuesday that it will provide up to twelve billion dollars in aid to farmers who have been hit by these tariffs. is it likely that trump is going to maintain this course given that pressure. well

you're right that at the moment he's facing a lot of pressure and a lot of criticism from manufacturers here in the u.s. from the u.s. industry from farmers as you said and also from within his own republican party and especially talking about farmers they say they're really already suffering to the measures imposed by u.s. trade partners in response to you as tariffs they save they have lost about thirteen billion the u.s. dollars so far so now the trump administration has announced that stay are planning to help paying up to twelve billion dollars in emergency hope for many farmers susi asians are complaining that it's not enough that's just. not going to be enough to help these farmers to survive to continue to run their businesses alexandra phenomena but the view from washington berent record in

brussels thank you so much to both of you. and as we mentioned those two leaders they are going to be holding a press conference a short while from now we are monitoring developments there in washington and we will bring you that press conference live as we get it but in the meantime the white house announced that it will postpone the proposed meeting with russian president vladimir putin until twenty nineteen trump and putin met in their official capacities for the first time in helsinki image of why shortly thereafter trump invited into the white house for his second meeting originally scheduled for this coming fall as a reason for the delay is the ongoing investigation into russian interference in the twenty sixteen u.s. election. vote counting has begun in pakistan's tense and violence parliamentary elections results are not expected for several hours but the leading parties are said to be neck and neck the campaign saw hundreds of people killed in

suicide bombings and attacks at rallies but election day itself turned out to be largely peaceful although one suicide bombing took the lives of thirty one people. this is the aftermath of a bomb blast that killed dozens outside a polling station in southwest pakistan. the so-called islamic state has claimed responsibility for religious suicide attacks the set a grim tone for today's elections. across more than eighty thousand voting stations pakistanis streams the polls in what could be a historic election for the country. and the stakes are high there's so many problems make basic problems a city and what. we don't get specially the poor people they don't even get clean water. main concern was stored for the right man against corruption war against those people who work at a boarding the tube so i did want to be somebody who is on this. that's why i want

it for the right person. and these two candidates are the frontrunners to become the right person imran khan has taken on a popular stance against corruption and for an islamic welfare state concert it was time to defeat parties which kept the country hostage for years. his target and main opponent shahbaz sharif he's the brother of former prime minister now as sharif who was ousted from power last year and jailed for corruption sharif accuses can of colluding with the military. pakistan's seventy one year history has been flecked with a number of military coups the military has ruled pakistan for nearly half its history quickest. the election is expected to be close with results like this come early on thursday. and naomi conrad is in pakistan's capital islamabad she joins us now naomi this is an historic election for the country and

walk us through why it's so important. yes it is indeed is a very important election because it might see the shift away from the usual pattern of pakistani politics which is dynastic politics basically here politics are a family affair the parties you know passed on from family member to family member interspersed with military rule and now we're seeing possibly seeing we'll have to wait till tomorrow a shift away from this time last expose the state policies of politics to imran khan's party as a political outsider the p.t.i. and people here think that he may be a change that he's completely different from the corrupt dynastic parties he's controversial though he has views that many people in the west are very concerned about he's made overtures to the taliban he says he wants to establish an islamist welfare state and a lot of people say he's also closing up to pakistan's generals so these are very

important interesting elections and we're looking forward to the results and according to some polls some initial polls this has been a head to head race between the two front runners walk us through what they have been promising the voters. yes so in one khan is basically he basically ran on an anti corruption platform but he's been very vague in terms of what he actually wants to do he's made promises about as i said islamist welfare state he's also been very vocally anti western anti america and just talked a lot about you know make creating peace talks with the taliban pulling them into the state of shock but sharif and i have basically been running on a platform of defending democracy which in a way is as i run it because they're very corrupt and as i said it's also a family affair but they've kind of positioned themselves as a victim in this standoff between the military the military has dropped the party

this seems to be a rift between the military and unsure is party so these are the basic two main issues they're running on side lined up being the concerns of the voters voters here are very much for bread and butter issues they want the economy to improve they want clean water they want electricity but now is really talking about these really big problems that pakistani voters want to have solved and with the campaign so contentious so polarizing as you've illustrated bear what if none of them gets an outright majority what does that mean for the stability of the country. indeed and also the stability of the region i mean an unstable pakistan is incredibly dangerous pakistan plays a very important role in the region when it comes to afghanistan when it comes to india also pakistani chinese relations are important happen so we're looking at a very unstable possibly very unstable future for pakistan. naomi conrad with the very latest from pakistan from the capital islamabad thank you. well alex got

a quick check of some other stories that have been making news around the world at least two hundred people have been killed in a string of coordinated suicide attacks targeting syria's southern city of psuedo the u.k. based syrian observatory for human rights says that it was the deadliest attack by the so-called islamic state in months. the death toll in laos has climbed to at least twenty four after a unfinished hydroelectric dam collapsed in the country's south on monday hundreds more missing water from the dam has flooded at least seven villages and left thousands of people homeless and the english man who survived exposure to the deadly nerve agent no we choke has been telling journalists that the poison was disguised as perfume charlie rally said that the bottle came in a sealed box but he can't remember where it came from his girlfriend don sturgis fell ill within fifteen minutes of spraying it on her wrists she later died in the hospital. well not quite what the u.s.

president had planned it was a bad day for g.m. due to those tariffs at helena humphrey has the story that's right sara we are seeing higher costs being passed on to the companies those tariffs not quite having the impact that the u.s. president intended general motors have tumbled and the second quarter profit is down compared to last year the company's now lowered its profit outlook for the entire year and the cost of g.m.'s rumor to realize is going up in the fallout from this trade to speech it is of course america's biggest come make and uses huge quantities of steel so let's bring in our financial correspondent now say fisherman ski is aid in new york safety was it gone so wrong for g.m. . well they are americans being hit by the terrorists and this becomes very obvious when looking at the outlook g.m.

gave one reporting their earnings the nation's largest automaker lowered its profit outlook for twenty eight hundred saying it expects commodity price pressures to continue and guess where this is coming from right and it's coming from trump and his protectionism especially from his tariffs on ellen many i'm and feel because they're simply the most important draw materials being used in auto production and the tariffs are causing prices for materials to increase their production costs rise and this cuts into profit margins g.m. said raw material costs have increased well beyond what they had expected earlier this year so this will result in ahead of about a one billion dollars more in costs what they had expected or originally and if g.m. would end up raising prices for consumers this again could hurt demand so all in all that is a bad place for g.m. and really any automaker to be in right now any order to make or any other industry

out of margin as well couldn't this blowback spread to other industries i mean what are investors saying about the current. yeah definitely have an hour but at the moment it is helping the dow jones tremendously that the meeting between younker and trump seemed to have been successful in a way that they could agree on a few concessions to avoid a pool boy blown trade war so generally speaking i think we have been seeing this phenomenon for quite a while now the markets are not as strongly reacting as one might think at least not as strongly in a negative way the short term effects of the tax reform and even a part of the trade policies i kind of tearing a big chunk off the stocks right now with tech for example being really strong investors are in the market to make money now and tomorrow and not necessarily in ten years and this is when we might be seeing the negative consequences of the trade disputes in the data so then again it also is not easy to come to

a valid conclusion for investors as trump himself is sending just makes signals calling terrorists the greatest one day and then a few hours later thinking out loud on twitter tweeting maybe the e.u. and the united states should get rid of all of these barriers. financial correspondent so fishermans he for us on wall street so if you thanks. what a difficult day for fear cries this is a mourned the death of long time c.s. said jo marchione who died on wednesday at the age of sixty six following complications from an operation now the charismatic former manager is celebrating saving both fit and chrysler from bankruptcy mckeown had sheaves his last major goal just before his death to chrysler announcing on wednesday it had him in a tit for tat however i'm not a q. and a always had left more immediate concerns for the italian american car make

a post today thirty five percent in profit for the second quarter and scale back its own revenue projections of. and let's go straight over now to sara you know how and i mentioned a bit earlier that we are awaiting a press conference from the u.s. president donald trump and the european commission president john called younger speaking in washington we're going to have to live to that press conference now senator john bozeman you're here someplace i john thank you senator mike great po thank you mike senator steve de ins senator hole than thank you they're all here senator cindy hyde smith cindy thank you very much senator james lankford james thank you james senator pat roberts he loves those farms he loves the farmers like i do representative diane black and thank you representative kevin brady

with a new tax bill how's it coming kevin good. representative mike conaway mike thank you mike representative dan newhouse thank you didn't representative christie norm have to call her governor now that was a great win thank you christie representative david record david thank you. so we had a big day very big we met right here at the white house to launch a new phase in the relationship between the united states and the european union a phase of close friendship of strong trade relations in which both of us will win of working better together for. prosperity and in fighting jointly

against terrorism the united states and the european union together count for more than eight hundred thirty million citizens and more than fifty percent of the global g.d.p. in other words together where more than fifty percent of trade if we team up we can make our planet a better more secure and more prosperous place already today the united states and the european union have a one trillion dollar bilateral trade relationship the largest economic relationship anywhere in the world. in the. butt of all american and european citizens this is why we agreed today first of all to work together towards zero tariffs zero non-tariff barriers and zero subsidies. on non auto industrial goods thank you.

thank you. thank you. we will also work to reduce barriers and increase trade in services chemicals pharmaceuticals medical products as well as soybeans soybeans is a big deal and the european union is going to start almost immediately to buy a lot of soybeans here tremendous market buy a lot of soybeans from our farmers. in the midwest primarily so i thank you for that john float this will open markets for farmers and workers increase investment and lead to greater prosperity in both the united states and the european union it will also make trade fair and more we separate all my favorite word reciprocal secondly we agreed to a strengthen and strengthening of our strategic cooperation with respect to

energy the european union wants to import more liquefied natural gas l.n.g. from the united states and they're going to be a very very big buyer we're going to make it much easier for them but they're going to be a massive buyer of ellen g. so they'll be able to diversify their energy supply which they want very much to do and we have plenty of it thirdly we agreed today to launch a close dialogue on standards in order to ease trade reduce bureaucratic obstacles and slash costs dramatically fourthly we agreed to join forces to protect american and european companies. from better and really better than ever we never done like we're doing i can say from the standpoint of the united states we've never done this well but we're going to

do a lot better after we do this deal and other deals that we're currently working on likewise the european union is going to do a better stronger bigger we will therefore work closely together with like minded partners to reform the w t o and to address unfair trading practices including intellectual property theft forced technology transfer industrial subsidies distortions created by state owned enterprises and over capacity we decided to set up immediately an executive working group of very intelligent people on both sides will be our closest advisors and they're going to carry out this joint agenda in addition it will identify short term measures to facilitate commercial exchanges and assess existing tariff measures and what we

can do about that to the betterment of both while we are working on this we will not go against the spirit of this agreement unless either party terminates the negotiation so we're starting the negotiation right now but we know very much you have been watching us president donald trump and european commission president john could younker speaking outside of the white house that is following a meeting where the two discussed trade for more let's bring in our washington bureau chief alexander phenomenon who is standing by outside the white house for us and you know we heard trump saying that they have agreed to a number of things he was just outlining back as we heard there and alexander i'd like to ask you is this a breakthrough. well it seems like it could be a breakthrough of course we have to say it's just

a beginning because so it's our announcing that they are going to talk about the issues that are important to them on trade but at the moment it is a breakthrough because it would mean that we are not going to see any more tariffs imposed on products from europe and that is of course very important for the europeans. you know john called younger is also speaking right now as well perhaps our team can bring about why feed what do you think he's likely to make of what trump has been announcing. well i think that he is gone and going to stress what it means for the europeans because after what president strums said it sounded like he is getting a lot of concessions from the europeans that they are agreeing to lower their tariffs of a dress chill goods that they are agreeing to import more soybeans that is also

very important for trump space and that the europeans are going to to work on they on the import of the fights natural gas so that sounded like a huge success for donald trump and i think that the new commission president is going to stress is also a success for the european union alexander phenomena putting this meeting in washington into perspective for us thank you so much. and thanks for watching.

into the complex fronting the powerful twenty years ago the good friday agreement paved the way and two decades of civil conflict in the law but the results have been mixed i guess this week here in dublin first to you how. prime minister. just how fine job is the process not. a source of conflict so. in sixty minutes.

of fighting for the case to be taken seriously in the words of one here's what's coming up. on the talk on w. o. they do the film superheroes on a mission to change up to smart women smart drugs smart station and legit theirs and by no means missed out on a brain creasing dangerous stunt double made from. iran. and isolated from dr singh now a major power in the middle east. airlines influence continues to grow politically economically and above all militarily. does iran truly want peace. the countries of holmes have their doubts isolate.

iran from theocracy regional superpower starts august fifth on on g.w. . off the cards for now the looming trade war between the u.s. and europe on hold concessions at the white house is donald trump meets e.u. chief john called younker i'm sorry kelly in berlin this is the day. you're learning.