u.s. food unilaterally raised caught eric strange that it obviously would be against the deputy. china is moving in the opposite direction on tuesday beijing said it will be reducing import tariffs on cars and car parts in july from a current twenty five percent to fifteen percent that's good news for german car makers the chinese car market is more important to them now than the u.s. market. china is already the world's largest car market and its relevance is rising by twenty twenty one in three passenger cars sold globally will hit the roads in china. several car makers like b.m.w. and tesla have said they'll pass the tariff bonus on to consumers who can now look forward to lower prices. to me i think i can buy the luxury goods at lower prices such as cars or watchers. wherever terrorists are going global trading waters could soon be whipped up into a huge storm. on her visit this week to china chancellor merkel got a glimpse of the future in the city of shenzhen her trip included a visit to ai carbon x a startup which uses genetic data to develop apps and health care gadgets.

u.s. food unilaterally raise kateri strange does he do obviously against the deputy. however do you remains hopeful that his solution complying with international trade rules can be found. the opinion remains divided about whether in part terrorists would actually benefit the u.s. car industry some experts say the move is unlikely to create new jobs. well earlier we spoke to earlier note from the association of german chambers of commerce and industry asking him what the measures mean for the american market well the american market is extremely important for german problem in your figures and that's why they also have a lot of investments on the sector sorts of orbit. and underestimation of the strains also of the german carmakers in the u.s. on the other end u.s. consumers seem to of german and japanese cars for terrorists are imposed and then first of all prices will rise over american customize to pay for that it's a question of who is making the better product and that's what i meant with competition you have to there's a competition in the car sector and the ame

has been testing u.s. food samples for the last two years trying to determine how much is actually being consumed by americans and don't forget the agency is ultimately responsible for overseeing how much pesticide is being used on foods to make sure that levels stay within the legal range but according to the forty obtained e-mails another f.d.a. chemist doing similar testing found grain corn to contain traces of glaze at six point five parts per million the legal limit is five parts per million by. so with our daily diet infected with weed killer you know i think it's time to add another big spoonful of watching the hawks. want to feel good like real that this would be the last to leave the bottom. but it looks like you know what i got. this. week so. well the watching the harks am i robot and i'm top of that you are just a weed killer i know that you know me so have you about this last week of your back to the grocery store to never going to. i subsist on hope dreams unicorns now i was good to go you know th

an utperform in new coverage at bernstei the analyst expects tyson to hold up better than other u.s. food compies, given the strong demand for protein. the price target is $81 a share. shares of tyson were higher today to $68.25. >>>cy man tech was downgraded by a number of firms today following the disclosure of an internal investigation which we told you aboutast night. one of the down grades came from oppenheimer, which cut its rating from hold to buy.st the ana said the internal probe is a concern because the scope and potentiength are unknown. the stock lost a third of its value today, closing at $19.52. >>> still ahead, more packages are being delivered these days, but why is the post office losing so much money? ♪ >>> good news for ford shareholders and factory workers. the automaker reportedly is going to resume production of its f-150 pickup trucks one week fr today a its deer born and kansas city plants. this according to r as we have been reporting, the automaker halted production of itsf-series after a fire at a supplier plant caused shortages of necessary parts. >>> at&t's ce

u.s. food actually. very strange does he do it. because to do. however the e.u. remains hopeful that a solution complying with international trade rules can be found. the opinion remains divided about whether important terrorists would actually benefit the u.s. car industry some experts say the move is unlikely to create new jobs. and selfish man skis on wall street for us so sophie we've heard the e.u. side in that report but what is america's justification for branding these imports as a national security threat well daniel i think it's really important to understand here the way that world war ross is actually defining national security and he refers back to the trade expands an act of nine hundred sixty two and that is saying that basically national security military security is the same thing or has to include security of the economy often farm and so whenever anything is present in the labor market or the economy then this if. anyone or anything with threats and military security and everything exactly how they justify that brand. and it seems trumps on aga

the company says they told the u.s. foodstration months ago that it was experiencing supply constraints for the auto injector, but according to the fda's statement, at this time mylan is reporting adequate supplies of epipens for the united states and we will continue to monitor this situation closely. >> no good deed goes unpunished. john oliver bought a number of items during the actor's divorce auction to help a struggling block buster store drum up business. a jock strap worn during the movie cinderella man, he was inspired by the kindness to donate the $80,000 oliver spent to give back to his beloved australia. so, now the comedian has a treatment ward named after him at the australia zoo wildlife hospital and it is called the john oliver kwal a kelley cla mid i can't ward. the group hopes to treat chlamydia in kwaul as. your move. >> have your name and chlamydia in the ward. after years of being apart, bill and ted are finally banding together. they are teaming back for an installment of the franchise will and ted face

had on hand the didn't have any glad to say was his broccoli broccoli the up da has been testing u.s. food samples for the last two years trying to determine how much is actually being consumed by americans and don't forget the agency is ultimately responsible for overseeing how much pesticide is being used on foods to make sure that levels stay within the legal range but according to the forty obtained e-mails another f.d.a. chemist doing similar testing found grain corn to contain traces of glaze at six point five parts per million the legal limit is five parts per million by. so with our daily diet infected with weed killer you know i think it's time to add another big spoonful of watching the hawks. to. get the. real thing. at the bottom. like you know what i got. this. week so. welcome aboard the watch of the hawks am i robot for and i'm top of the well if you just say leave keller i know that you know eight so have you about this last week of you but the grocery store to never go to. i subsist on hope train unicorns now it looks good but you don't know what is really worth i'm sure y

his top holdings, apple, wells fargo, bank of america and u.s. food giant craft lines. let's meet the ceo. he asked like he shy but he's not. you are the ceo of the combined company craft lines. how many bottles of ketchup and mustard will you serve to this crazy crowd. >> oh my gosh. we brought 7000 of each. >> you have numbers that just came out. your stock jumped the most in a year. it's up about 6% today. how do you navigate the changing waters of the food industry because of these trends in the past five years, locally sourced, organic, gluten-free at a time when you've got cello and planters peanuts and velveeta. >> i think it's all about understanding consumers, understanding the command and chang command chain. we been growing by adding new offerings like organic and flavors and so on. we just came out with heinz mail that were very excited about. >> they don't have a name yet for that. >> the mayonnaise in retail now but this is the mayonnaise ketchup. >> this is part of 3g, the outfit that teamed up with warm buffet to buy heinz and craft. they have a way of d

u.s. food and drug administration issuing a warning to companies that sell pills claiming to counter the effects of the sun's harmful rays. the fda says these bills are not delivering. instead they're misleading consumers and putting people at risk. the fda commissioner says no pill or capsule can replace your sunscreen. >>> this morning we're getting a closer look at what happened when a woman hit a santa cruz county sheriff's deputy with a patrol car. it ended up with the suspect being shot three times. >> yesterday the sheriff's office released this body camera video of the incident. the sheriff says it all began with a routine patrol stop on ocean street extension friday. deputies detained two people near a stolen vehicle, and 27-year-old jessica low escaped, got into the driver's seat of a patrol car. >> people were being detained in handcuffs in the back of patrol cars, and at that point the deputies were doing their investigation about the stolen car. and so it shows you in law enforceme

liquid this added to the cigarettes of course with the apple flavor now it's because of this the u.s. food and drug administration or the f.d.a. has issued warnings to thirteen companies sending in cigarette liquids for using child friendly images in their packaging as we saw and it says the vapor products are being marketed in a way that could in danger children's lives now this comes just a week after the f.d.a. launched a nationwide crackdown on under age sales of a popular at least cigarette among teenagers called june now many youngsters think it's cruel to jurors what they say was some even smoking in cross now it's a product that doesn't like it since it does come in the shape of a u.s.b. stick which is of course easy to disguise unlike others on the market there are a variety of favors as well now juices have grown dramatically in the u.s. and now reportedly make up more than hall of the east cigarette market. now its make is advertise it as a way to give up smoking regular cigarettes and take a listen to this. trying it all the time or i might constantly encouraging people to use

u.s. take this food personally he will be watching this move carefully and has requested our report back on those who voted against us thank you for your consideration now i must thank you very complaisant announced the embassy moved back in december they have been potest not only in the region but internationally just two days ago we saw residents of jerusalem marched through the city also condemning this move came today because i firmly believe jerusalem belongs to everybody and there's just too much bad stuff being done in the name and. i think this is a group of people coming to the center of jerusalem at a time particularly this coming week where. that's just by liberates yet. you keep bringing up the occupation car. coming out to the forefront of the embassy and this isn't really all that i wanted to join to stand right now so we are holding these you know going forward to state solution don't you know the fork over the local stations and one sharks discovered. yesterday scuffles also broke out at the temple mount in jerusalem between palestinian and israeli worshipers there was actua

. >> amazon's acquisition of whole foods highlights the explosive growth in organic food sales. the u.s must be grown without synthetic fertilizers and be free of gmo's. meat must be raised from animals without growth hormones and must be grown outdoors. organic foods have nutritional benefits and can help fight cancer. that is why they sometimes spend nearly twice as much for an organic product compared to a nonorganic one. but are organics really healthier, and are they worth the money? concerns about the use of pesticides and use of antibiotics in animal feed prompted some consumers to look for so-called organic food. in 1990, congress passed the organic foods production act to develop national standards, and organic products became more common. mainstream grocery chains started their own lines of organic food, and larger food companies began acquiring smaller health food companies to get in on the action. now, from the big boxes to the small specialty stores, three quarters of u.s. grocers sell organic foods. here is the argument. proponents say organic produce have more nutrients,

company that'sic hungry for deals in the coffee space, which has been one of the faster areas, and in u.s. foodof setting up a mcdonald's like network of healthier and faster-growing chains >> what's interested is people may not be that familiar with j.a.b., because it doesn't trade publicly you may want to think about it along the lines of a berkshire it does seem to have the attention of holding them for a long period of time. not your typical private equity model, some you're thinking about an exit five to seven years after the acquisition. >> and let the companies invest in the future, like panera going into a delivery network pret has been in the sweet shop they had chia putting on their shelves before way before you saw pots of chia pudding and that sort of thing i've been doing a work on the slow death of consumers brands there's some real questions about the survival and relevance of about ig names. and the question is what's gone wrong? campbell's soup case, consumer shifted to eat soup as an tieser rather than a main course, and the company didn't move fast numb other companies didn't

foods. campbell's soup has been noting that as well look at their numbers. campbell's u.s. up sales down 1% that's what we think of the old canned company campbell fresh is up 1%. the fresher products obviously doing better than the canned products overall food companies not just this year, but they are in a decline that's been long term for the last essentially year and a half to two years they have been declining. these are nottypos dean foods, hersheys, campbell's now down 50% from its highs. kraft, general mills also down about 40%. on the general market we are basically flat on the week that is a very good sign here. remember early whier in the week inflation was a major issue with higher gasoline prices and the prices paid index. we had a scare there ten year treasury has been up, seven basis points the dollar has been up trade talks move stalled doesn't seem to be progress in talks about nafta. head win for the stock market. yet we are flat. sideways in that kind of a market with that data, sideway is a victory for the bulls. >> for more on campbell's soups rough day

of roads in protest of rising fuel prices the strike action has led to nationwide fuel and food shortages. u.s. authorities have declared a state of emergency in parts of the state of maryland after communities were hit by severe flash floods in ellicott city the water carried away cars and engulfed homes and businesses it's the second major flood to hit the area into here as. a refugee from mali has been offered french citizenship after his daring rescue of a child mamadou gossamer was hailed a hero and has been compared to spiderman after he climbed up the facade of an apartment block in paris and plucked a youngster to safety his bravery has been honored by the french president. with no thought for his own safety mumu ducasse some of begins to scale the facade of this apartment building in paris above him a child dangles from a ledge a neighbor looks on helplessly on able to reach the little boy using his hands feet and she a determination to sum up pulls himself from balcony to balcony within a minute the migrant from mali has reached the four year old boy who was crying and had an injured

david: sunday evening in the u.s., food is an idea of what you might be craving.orget about the tv function. you can see that interview, catch up on past interviews and dive into any of the charts, the functions we talk about on the show. yvonne: become part of the conversation, send us instant messages during our shoes -- our shows. we have luke ellis coming here at 8:00, talking about the hedge fund industry. and for bloomberg subscribers only. this is bloomberg. ♪ . this is bloomberg. ♪ you are watching daybreak asia. yvonne: let's do a quick check of the business flash headlines. xiaomi is that you want a june 7 approval to list in hong kong. they could raise $10 billion u.s.. the smartphone maker hopes to price the sale next month if the application is given the green light. but the timing could slip depending on the volume of information demanded by the hong kong exchange. they could value $60 million -- billion. david: the australian bank wanted to make sure no one suffered damages after the nationwide outage. this affected the retail and banking. they

transfats have been reduced significantly here in the u.s. foody but prevalent in low and middle income countries. >>> and a pablo picasso painting titled "the sailor" suffering unspecified damage during preparations for a weekend exhibit for an auction in new york city. the piece was reportedly worth $70 million. it was pulled from auction after it was accidently damaged friday they are working at fixing the damage i can't believe that that's the news update >> sometimes with picasso, you can't tell >> depends on the angle, but he's damaged, so there you go. >> oh, sue, thank you very much. sue herera in hq time for the quote of the day from steve eisman. >> legendary money manager predicted the housing crisis a decade ago he gave a take on crypto currencies he doesn't see the purpose of it, what value does it add no one has been able to answer that question for me >> the arguments for and against bitcoin have not developed in six months or so, it's pulled back a lot the bears have got some short term victories, but, you know, credit to the bulls

. >> we haven't seen an impact just yet e-commerce is 1 or 2% of u.s. foodales the issue is being off channel with the consumer. what is on channel with the minutes, healthier snacking food categories is not what big food sells. we are seeing them improving portfolios to make them more reechb to get an emotional connection with consumers. marketing is outdated. it appeals to consumers in a different era. and the food categories themselves, there needs to be more appeal going forward. >> erin, john points to getting out of touch with today's consumer you sort of mentioned the same thing. give me some examples of that. and where the packaged goods companies are missing the boat. >> you know, i think they are trying in some cases to be too much to too many different consumers. so you take proctor and gamble's olay and they tried to target a younger consumer that totally backfired because they alien haighted their core consumer group since then they have if you would product from the shelf they have gotten back to the core anti-aging messaging, updated the packa

isot of the processed food the result of research done by the u.s. military. , we entered world war there were only 300,000 people serving. war,e time we got into the there were 1.1 million. ist the research on food did it became a serious part of military development. food is located -- when you talk about where does it lie in the military, how many of you have heard of a quartermaster? the quartermaster's office is the office taking care of provision of military. the quartermaster, at the beginning of world war ii, is only one person based in chicago with only a couple of employees. it was very clear that one person with a couple of employees and a couple of tin cans was not going to hack it when it came to food for the military. what started as a little operation at the university of chicago, a lot of people that worked with the quartermaster, came out of the university and said there was a very clever person who decided when he was quartermaster to start bringing in all of the big food companies to work with the military. for all of you who have read carl s

u.s. industrial meat processor tyson foods has already invested over two million dollars typically in israel a startup gets bought by foreign investors once it becomes successful that's why for a country brimming with innovative ideas there aren't many big israeli companies on the scene but it's these small startups that are driving the big ideas of tomorrow . well israel's main regional foe iran has given europe sixty days to confirm the status of the nuclear treaty and guarantee they'll stick to its terms the iranian parliament said the european union must confirm that the treaty will remain in force even after the u.s. withdraws iran has asked for a pledge from the e.u. that economic agreements will be upheld but that may be difficult due to the u.s. sanctions against european companies doing business with iran u.s. president all trump says he is negotiating with the chinese president to ensure the chinese telecom giant that he isn't affected by an american technology sales ban writing on twitter trump said he had issued instructions for officials to come up with a rescue plan saying too

u.s. sectors, food and agriculture, energy and manufacturing, financial services, health care, and transportationnd logistics. today the commercial use of ai is unregulated. but lawmakers are looking at concerns of privacy. >> the race to produce a predictable result is only increasing with smart assisted us like alexa and siri in your pocket and listening at home to your next command. >> they have also pursued federal dollars for advancing their motivation. meaning that congress will have a large role to play in ai going forward. but it is not just private industries that are interested in using more ai on the products, the u.s. military is also developing new technology like these patrol robots who serve as the eyes and ears for u.s. troops on the ground. national security experts are ringing alarm bells about the threat of ai cyber attacks. digital tools where enemies can attack the cyber systems. they say that american development is now an urgent national security priority. >> bret: this is something we will follow lots, thank you. house republicans have gotten the message loud and clear tha

u.s. trades -- in the food s distribution iy right now. price target, 36. priceose a fraction today. >>> key, ba roku to make streaming devices a buy in new a co. the potential for long term growth over many years. the price target is $32. the price is up. thd spotify with an overweight rating. analyst believe spotify -- the price tget is 190. the stock was up 2%o 164.88. >>> still ahead. a clos roll drug getting less expensive but there's a lot more to that story. >>> more nowfan book, turns out he wants to get into the onlinebu dating ness. users will be able to set up a profile that will not be visua tofriends, will not appear in news feeds. ceo mark zuckerberg says thepl form was designed with prophesy and safety in min at news send match.com and its owner interactive sharply lower today. g> an expensive cholesterol drugting a price cut. while that may sound like a good thing t lower price won't necessarily be available to yo ev. lake terrell with the details. >> 1 and 3 american adults have high cholesterol. but therugs made by regenron and partners, h

u.s. aerospace value stream for the food course of deliveries jobs jobs jobs no more future deals go on existing contracts scrapped u.s. workers on your bike so who take their place iran's already struck billion dollar deals with russian play makers suing china's all over iran like a rash huge energy deals you railroads and lending cold hard cash iran has a strategy. of alliance with the russians and the chinese if. the europeans leave. if. american companies leave what happens is that iran is going to substitute the u.s. with russia and china. at least six people are being killed in a reported saudi airstrike near the yemeni capital that's according to local officials and warning you may find the following pictures disturbing. right. i mean having. video was a merger of the ensuing rescue operation and it transpired that many of those trapped in the collapsed building were kids local medics say the strike struck a home and shop there many journalists were saying. what you have seen in the video that has been going around in some media for children under the rubble after the soviet coalition fig

hundreds of roads in protest at rising fuel prices to strike action has led to nationwide fuel and food shortages. u.s. authorities have declared a state of emergency in parts of maryland after communities were hit by severe flash floods in any caught city the water carried away cars and engulfed tomes and businesses it's the second major floods to hit the area in two years. supporters of germany's anti immigration alternative for germany party or e.f.t. gathered for a rally in central berlin on sunday nearly five thousand turned out but they were outnumbered by the opponents who took part in a counter demonstration organized by an alliance of political parties labor unions and other groups. u.s. officials entered the north korean side of the demilitarized zone for talks on sunday it's a latest move in a week of diplomatic confusion between washington and pyongyang the american team's arrival in north korea has raised expectations that the on again off again meeting between kim jong un and donald trump will indeed take place and preparations for that meeting in singapore are now underway but not every

u.s. airspace value stream for the food course of deliveries jobs jobs jobs no more future deals go on existing contracts scrapped u.s. workers on your bike so who take their place iran's already struck billion dollar deals with russian playmakers suing china's all over iran like a rash huge energy deals you railroads and lending cold hard cash iran has a strategy. of alliance with the russians and the chinese if. europeans leave. if. american companies leave what happens is that iran is going to substitute the u.s. with russia and china. taking on the opioid epidemic has become one of the top priorities of the current u.s. administration as overdose deaths have seen a sharp increase in recent years part of the plan is to cut back on opioid prescriptions and potentially those who is to them so american reports. crisis in the us has reached the point where the drug enforcement administration itself says it should be doing a better job the united states continues to be affected by a national opioid epidemic which has been spurred in part by the rise of opioid prescribing and misuse the da can and

u.s. aerospace value stream for the food course of deliveries jobs jobs jobs no more future deals go on existing contracts scrapped u.s. workers on your bike so who take their place iran's already struck billion dollar deals with russian playmaker. china's all over iran like a rash huge energy deals you railroads and lending cold hard cash iran has a strategy. of alliance with the russians and the chinese if. the europeans leave if. american companies leave what happens is that iran is going to substitute the u.s. with russia and china anger has been vented on the streets of tehran a stance and turned out to denounce president trumps decision to tear up the iran nuclear deal. of course. was. following washington's criticism iran fired back saying the u.s. itself has never fulfilled its commitments under the agreement struck three years ago the host of arties going underground program afshin rattansi discussed this would lot are come out of wimbledon a former member of the u.k. parliamentary group for iran you can watch the full version of that interview in going on the ground on saturday. i don'

u.s. airspace value stream for the food course of deliveries jobs jobs jobs no more future deals go on existing contracts cramped u.s. workers on your bike so who take their place iran's already struck billion dollar deals with russian playmaker. china's all over iran like a rash huge energy deals you railroads and in cold hard cash iran has a strategy. of alliance with the russians and the chinese if. europeans leave if. american companies leave what happens is that iran is going to substitute the u.s. with russia and china. well anger has been vented on the streets of tehran as thousands turned out to denounce president trumps decision to tear up the iran nuclear deal. but i know. what i. was. i. am following washington's criticism iran then fired back saying that the us itself has never fulfilled its commitments under the agreement struck three years ago and we discussed the issue with the political analyst side stuff a. person here in tehran is that the europeans are trying to play the good cop after the u.s. withdrawal a major part of the concessions that you always to receive on the deal

u.s. airspace value stream for the food course of deliveries jobs jobs jobs no more future deals go on existing contracts scrapped u.s. workers on your bike so who take their place iran's already struck billion dollar deals with russian playmakers. china's all over iran like a rush huge energy deals you railroads and in cold hard cash iran has a strategy. of alliance with the russians and the chinese if. europeans leave if. american companies leave what happens is that iran is going to substitute the u.s. with russia and china ok i wouldn't discuss this a bit further than i with this man i think he's an international affairs in the fencepost for the france is a nice party and he's with us now in studio of a welcome georgie firstly let's just talk about this situation of relations between america and europe we've heard many leaders come out now saying they're very unhappy with trump's decision how do you think this how. this whole episode could affect relations between america and europe why would it depend how independent will be do european countries until now they are followed all the years t

u.s. airspace value stream for the food course of the liberties jobs jobs jobs no more future deals go on existing contracts scrapped u.s. workers on your bike who take their place iran's already struck billion dollar deals with russian playmakers. china's all over iran like a rush huge energy deals you roll roads and in cold hard cash iran has a strategy. of alliance with the russians and the chinese if. the europeans leave if. american companies leave what happens is that iran is going to substitute the u.s. with russia and china. and bush reporting now a man who was violently escorted out of a senate hearing and detained on wednesday has been released walking out of the call facility seventy nine year old cia veteran ray mcgovern showed bruises he blamed on security he was one of the protesters who interrupted the session denouncing the controversial cia chief nominee. was. resisted. my there are many respects. stop resisting. that is stop her don't you know you don't judge. mcgovern was charged with resisting arrest and disrupting congress was stunned so you that he was taken into cust