now it's up to canada as the u.s. and mexico agree to revise trade arrangements the other partner in the trade pact formerly known as now after remains tight lipped about whether it will sign now. also coming up plastic bags a terrible for the environment and now kenya has taken the world's toughest stance against them with up to four years prison time for using one. this is your business update on how to have free in berlin glad you could join me the u.s. says is still hopes to find common ground on trade with canada after reaching an initial agreement with mexico and new look now after the u.s. president is pressing canada to accept new terms for the way car imports a tax if not the president says he'd happily leave also out but that comes at a cost mutual trade between the three nations totals more than a trillion dollars annually canadian prime minister justin trudeau said he would only sign a revamped north american free trade agreement that is good for his country. he

pledged to defend canada's dairy farmers and said progress had been made on terms for the automotive sector his negotiating team is back in washington to hammer out a deal. we are in the process of renegotiating nafta with our southern neighbors and we're pushing hard to conclude an agreement that is win win with a modern and progressive agreement that is in line with our values and our ambitions and that will benefit not only canadian businesses but all canadians u.s. treasury secretary steven minutia and believes washington could strike a trade deal with our world this week was everybody said their markets are very intertwined so it's important to reach an agreement minute this is a complicated agreement there's lots of things in here that or whole new i would think again it would be very much on board with stronger intellectual property

stronger protections modernizing the agreement so i'm hopeful that the open issues with canada can be resolved in the congress without a deal u.s. president donald trump has threatened to impose tariffs on canadian made vehicles but that could weigh on the out a motive sector on both sides of the border because the neighbors rely heavily on each other's components if talks with canada are not wrapped up by the end of this week trump only plans to seek approval from congress for the bilateral deal with mexico. that's given a small financial correspondent stateside yen school is on the story from new york ends with her from the u.s. on the story what about canada in all of this can we expect them to acquiesce so easily. well trade representative there is some truth to that about seventy five percent of all experts from can a dog go south the border meaning. no donald trump won't be happy when he sees the

figures or on the other side he might find another argument for his tough a trade negotiations the trade balance actually increased the deficit increased by a good six percent and reached the highest level since february but to a certain degree there is a good reason why america why the us is importing much more than they're exporting because the us economy is really strong at this point are we just on tuesday got new figures on consumer confidence setting the highest mark in about eighteen years there was the strong us economy it was stronger consumers was an unemployment rate at almost a fifty year old people by more consume more so it's also the strengths of the united states why people. buy more and import more so there is in that sense a positive reason why the deficit increased by so much financial correspondent yens

kota thanks very much. adding to his criticism of the press u.s. president donald trump on tuesday said his eyes on and you enemy the internet and social media in a series of tweets the president complained that google search results for trump would only show the reporting of fake news media wondering if that might be illegal child went on to quote he had a very serious situation that will be addressed later trump singled out google facebook and twitter during a presentation at the white house or yeah i think google is really taken advantage of a lot of people and i think it's a very serious thing that it's a very serious job i think what google and what others are doing if you look at what's going on or twitter if you look at what's going on in facebook they better be careful because you're you can't do that people can't do it we have committees we have literally thousands. and thousands of complaints coming in and you just

can't do that so i think that google inquiry and facebook they're really dreading going very very tribal territory and they have to be careful it's not fair to large portions of the population ok. when it's on k. what steps or what kind of regulation trump is considering against social media companies now jim a foreign minister says propose an alternative international money transfer system to help circum navigate u.s. sanctions against companies doing business with iran he believes the u.s. controlled swift banking system could pose problems for companies trading with iran against u.s. wishes after nine eleven the u.s. gained access to the swift database and come on to all those transactions in the past weeks many large german companies like diana and deutsche of bonn have either stopped doing business in iran or have expressed sticky cheese state. and had of brakes it british prime minister teresa mayes only hunt for new markets

outside of the european union including in africa on her first official visit to the continent and in between showing her dog's moves aid to cape town they said she wanted britain to become the g. seven biggest invest in africa overtaking the us pledging ground for an all billion euros by twenty twenty two may also said britain would work with african nations to tackle insecurity and migration by creating jobs from south africa may heads to nigeria and kenya. like oh that plastic cup you set your coffee from this morning and like a threw in the garbage it could take option four hundred years to decompose the amount of plastic waste in our oceans is a growing problem many countries have taken a stance against the use of plastic bags for example but few have been as rigorous as kenya that so much as using a plastic back could see you handed prison time. the country market in western ny

robie is a popular shopping venue it offers nearly everything but no plastic bags which were banned a year ago shoppers can buy colorful reusable bags at each stand instead but they're ten times as expensive about twenty cents each that's why many people bring their own bags along they've adapted to the change but not everybody agrees with the band including martin in dinner who sells. immediately affects that even the band has to help the environment it's bad for my business. i used to sell my yams in plastic bags so they would stay fresh longer. now they dry out quickly like you know i get back but lazy dog think it's. nearby there are piles of discarded plastic bags. people have simply toss them here

illegally. nevertheless officials from kenya's environmental authorities say the bag ban has been a great success if your bags are being discarded in public places and few are ending up in fisherman's nets. at the beginning it was a talent available to continue to pack things but we were able to demonstrate over time know over the months that it is possible to carry on your own business and activities without it and therefore change of behavior that really. that just means people have had to do. that has been positive. violators face a fine of thirty two thousand euros or up to four years in prison so far nobody has been jailed but around a hundred people have been fined. one of the most vocal critics of the ban is the kenya association of manufacturers chairman one hundred good guys the head of

a company that makes product labels for the african market he says one hundred seventy companies producing plastic has shut down triggering the loss of sixty thousand chops the timeframe given for those of six months was to short to make investment decisions and for people to reallocate resources and you're not given time to. investors face uncertainty and this causes tremendous aftershocks for all manufacturers when a very short time span is given. despite the criticism environment management authority hopes that kenya sets an example for its neighbors as well this countries beyond africa. or the italian by his union a n.p.a. c has approved a collective labor agreement with ryanair off the back of an earlier deal with irish pilots last week a large majority of the more than three hundred ryanair pilots in italy approved

the agreement after eight months of negotiations that ensures better job security and pay conditions strikes by ryanair pilots across europe have led to the cancellation of hundreds of flights in the past eighteen months. as it you're up to date with the latest from the world of business for more find us on facebook follow us on twitter at did open your business there as well hello to see how free is like i'll be back tomorrow same time same place.

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