let's bring in our financial correspondent new york jose luis de haro jose how seriously does boeing have to be taking these groundings. they should be a big concern sends

the trade relationship and the likelihood of a trade deal with our financial correspondent new york jose luis de haro. some new signs that a deal might not be coming soon despite recent reports what can you tell us. i disappoint stephen it is a clear that there might be a chinese compromise to increase the imports coming from the us a main goal for de white house but both the chinese president xi jinping and u.s. president still face internal opposition especially when it comes to solving contentious the structural issues such as subsidies of forced and technological transfers elso the idea that the us who do we impose an increased targets unilaterally. without the retaliation from china if it does not obey to its compromises is not sitting well with the chinese government also afraid of last minute changes that from the us administration so there are still a lot of unresolved issues that need to be toggled in the coming weeks if there is some hope of finding common ground by the end of march also economies say that even if a deal gets done the education will prove challenging and disruptive

and for more on this let's talk now with our financial correspondent in new york jose luis de haro jose officials in india and turkey have said that u.s. small businesses and consumers stand to be hit by this decision what do they mean. general steven a day media financial impact is a relatively small since a u.s. companies saved around three hundred thirty five million dollars in goods from india and turkey last year according to some estimates and those goods included motor vehicle board to building a stone and threw needed cables among all those that said those savings will be gone so somehow they could be put great as an added new tax either on u.s. companies or the usa consumers had but what war reese now is that these decision could affect future for to lower trade barriers and actually fire happens at a time the usa companies have from out of makers manufacturers to retailers keep trying to get more significant to a huge potential market such as india but can not either hide their frustration with some of the difficulties that they experience there like price controls or actually

and let's bring in our financial correspondent new york jose luis to haro for more on the business side of this now as they can imagine looks any better for boeing today than yesterday in terms of share prices what are you seeing there. no it's not looking any better at old steven since i've been closed down an additional six percent on tuesday or no on a hearing wall street are trying to figure out how much of the current situation will cost the company similar episode in two thousand and thirteen when boeing grounded fifty seven eight seven airplanes calls the company at least five hundred million dollars and given the large seven three seven marks a fleet size the current grounding. more than one point five billion dollars according to some estimates say about the indefinite suspension of deliveries is the real risk here and these will impact a program that accounts for around two thirds of commercial airplanes operating profit and boeing and more importantly move could create disruptions across had to supply chain which is the gearing up for a seven three seven rate increase this ye

and let's go now to our financial correspondent in new york jose luis to haro who say what is boeing's response this move. as for no steven boeing is what he calls a proactive instead of out of an abundance of caution we basically tried to reassure its concrete and so on the safety of the seven three seven. models in d.n. the key here is the public's safety obviously the company says for the past several months especially after the lion air crash has been developing controls over in his manner for the seven thirty seven max which is a still due to be released no later than april boeing has been working with the u.s. for their all ministration on these updates since that the regulators ordered the grounding based on new evidence that collected side of the. crash these are still unclear if it will require boeing to make any additional changes to decent flight control software and who is in know that a lot is still unknown but from what we see right now what does this mean for the company boeing that is of course for the airlines for grounding their moneymakers their planes. for boeing is

and let's go now to our financial correspondent in new york jose luis de haro jose this will obviously be taken as bad news by a president like donald trump was made eliminating the deficit such a major part of his campaign and his administration so what happened here. several things a good explain these are stephen first even the usa has imposed nearly twelve percent of its total imports of the american consumer has demanded more goods and services at a time that wages are rising and unemployment is low let's not forget either the tax cuts approved by the republicans in late two thousand and seventeen which increase consumer spending last year all these at a time when the us economy grew up over potential which also translated into a stronger dollar which made for cheaper to buy meanwhile a stronger u.s. currency made u.s. goods more expensive while weaker growth in the europe or japan for example reduced the opportunity for made in america products also going back to lots of american companies are speeded up purchases at some point during last year to avoid their effect contributed t

so lots to be seen there will see where this goes jose luis the heart of their forest in new york thankyou so much was a. europe's first big motor show of the year is getting underway car makers have gathered in geneva to showcase the latest and greatest in their industry while acknowledging the serious headwinds it faces from bragg's it to china slowdown and of course the threat of u.s. tariffs and the biggest car makers face another challenge the expensive and often risky transition to electric and self driving cars and the reality that they're often lagging behind the more agile startups and software companies all sobering reminders that carmakers might have more to fear than celebrate. the geneva motor show is an opportunity for carmakers to toot their horn industry mammoth's like folks wagon have been known to rise to the occasion last year v.w. c.e.o. have at least used his appearance to herald in a new era of electric mobility but this time the political landscape in particular the continuing uncertainty over britain's departure from the e.u. is putting a damper on proceedings we

and let's talk now to our financial correspondent in new york jose luis de haro jose did both so i can see this coming and what's been the response so far. not to come as a surprise that stevenson said to kompany already warned him bestirred simonson will report it was under investigation by the sea but it's also worth noting a preview complained in u.s. courts of buying best tourist making similar arguments as the as if he does these. experts say that any potential cost related to these charges should not be huge when you compare it to the billions of dollars of the company has paid so far as you mention. considers they complain fraud and it will these charges it depends on these securities were sold only to sophisticated investors who were not harmed and that received payments of interest and principal in full and on time and she sings we'll see if regulators to make more headway than american investors their news from another big automaker has a ford saying it's slashing five thousand jobs in germany what's what's going on there. will see even afford already announcing generally the

let's bring in our financial correspondent new york jose luis de haro jose how seriously does boeing have to be taking these groundings. they should be a big concern sends a single aisle seven three seven marks a count for almost one third of the company's operating profit i need to generate about thirty billion dollars in annual revenues or any kind of problem related to this model is going to take a toll. on trees like china indonesia and if the o.p.'s decided to ground these airplanes here in the u.s. airlines seems to can see that a seven three seven might say it's still air war three waiting though for a four month conclusion from the federal aviation administration meanwhile investors believe that the similarities between d.s.t.o. peon airlines. are hard to ignore and that's why boeing stock suffered its most significant loss in some tolbert twenty nine and that's for now and i'll point out that it may take weeks for an initial report on the causes of the crash so they seem kind of reluctant to conclude the possible impact of operations so far. maginnis is also difficult for th

you very much richard my pleasure thank you and let's go now to our financial correspondent new york jose luis to hot oh i was a wall street has had some time now to digest these groundings of the seven thirty seven max how is it treating boeing today. not well as you could imagine a steven company lost another one percent of its market value on thursday and has shed over forty billion dollars so far so weak right now investors are trying to figure out the extension of the current situation is still so far the company will have to deal with the cost of airlines grounding their planes which according to some estimates could be over fifteen million dollars. dave for. each a case is different depending on the number of the seven and thirty seven planes on fleet but boeing may have to deal with over one point five billion dollars in costs as a basis in a real obviously called so that will increase the delays in production or cancellations take place and actually the company has yes a fair and it will pause its deliveries but the key right now is to really be sure if there is a solution to the curr

and let's talk more about these economic indicators with our financial correspondent new york jose luis de haro jose this u.s. jobs report what does it really tell us about the u.s. economy. basically stephen that the us is entering into a delayed is the stages of the economic cycle one of the longest in history and it's doing it so with the tell you tight labor market has provided falling unemployment rate and increasing our lead salaries but now we need to wait and see to conclude if ever recent week payroll numbers are just an unexploded or a trend goes who believe the labor market is still a strong point out for example factory seasonality or defect that the unemployment rate that includes those who have been looking for a job more than six months old those with a temporary one but the one thousand are full time job is the lowest since two thousand and that's a six month average number of jobs created is the weakest in eight years so nothing has drastically change but there are seem to slow down we justify more and more the patients approach of the federal reserve ok so we talk abou

and let's talk now to our financial correspondent in new york jose luis to hot oh jose did both so i can see this coming and what's been the response so far. it should not come as a surprise that stephenson said the company already warned him best to rescind its annual report it was under investigation by the sea but it's also worth noting a debt of previous a complaint in u.s. courts by investors making similar arguments as the as he does was dismissed said experts say that any potential cost related to these charges should not be huge when you compare it to the billions of dollars the company has paid so far as you mention. considers they complain fraud and it will contain these charges it depends on these securities were sold only to sophisticated investors who were not harmed and that received payments of interest and principal in full and on time.