soybeans and american natural gas trump in turn talked of lowering trade barriers it's a deal at the expense of others however trade flows will be rerouted meaning less purchase from china brazil or african countries and that's exactly what sparked discussion at a w t o meeting thursday evening. the u.s. representative had a few things to explain to his chinese counterpart for now it seems economic peace has broken out between the e.u. and us but a single tweet could up and did all. these steps this is there's skepticism given the loss of trust over the past few months maybe even years we really hope yesterday's agreement will be adhered to. it's a chance for europe to catch its breath but the insecurity remains. let's bring in our washington correspondent now constant fun naaman ed cotton of course this is a significant development but experience teaches us that the u.s. president can tear up any deal so should we treat this with some caution. absolutely i think it's more of a truce than the actual piece and also a lot of things are not clear yet this deal so far is just words for i

soybeans and american natural gas trump in turn talked of lowering trade barriers it's a deal at the expense of others however trade flows will be rerouted meaning less purchase from china brazil or african countries. and that's exactly what sparked discussion at a w t o meeting thursday evening. the u.s. representative had a few things to explain to his chinese counterpart. for now it seems economic peace has broken out between the e.u. and us but a single tweet could up and did all. these get this is there's skepticism given the loss of trust over the past few months maybe even years we really hope yesterday's agreement will be adhered to. it's a chance for europe to catch its breath but the insecurity remains. a new emissions test for cars is causing massive delays folks plans to front the back production of some models and the comic is also renting parking spaces from august to stockpile vehicles that cannot be sold due to bottlenecks caused by the new tests or one option is to use balance long delayed international airport. this b. w. car park is full of its new cars waiting for

soybeans and american natural gas trump in turn talked of lowering trade barriers it's a deal at the expense of others however trade flows will be rerouted meaning less purchase from china brazil or african countries. and that's exactly what sparked discussion at a w t o meeting thursday evening. the u.s. representative had a few things to explain to his chinese counterpart. for now it seems economic peace has broken out between the e.u. and us but a single tweet could up and did all. the skepticism there's skepticism given the loss of trust over the past few months maybe even years we really hope yesterday's agreement will be adhered to. it's a chance for europe to catch its breath but the insecurity remains. a new record for facebook itself had the biggest ever one day loss in dollar value for a u.s. company social media giant shares a staggering one hundred twenty billion dollars in market value investors were disappointed by weaker than expected growth partly due to the effect of data privacy scandals facebook's costs are also rising as a focus is on tightening security and impro

president younger ncker has agreed to work with united states, by more american soybeans and liquefied natural gas. in return, president trump on applying more tariffs on european cars. nowesentative ron kirk is senior advisor. thank you for your time today. u.s. tariffs on steel and aluminum are still in place. how satisfied are you with the specifics we got yesterday? do you have confidence, optimism that this could lead to something? >> i think the short answer to that would be no and no. we did not get an agreement yesterday. detente ina welcome a trade war that should never have been started with one of our strongest strategic and economic allies, like the european union, in the first place. what we had is this president try to quickly put out a fire that he started by committing to reengage on negotiations to reduce tariffs between the u.s. and the european union that frankly started under president obama when we launched to propose the transatlantic trade and advancement partnership initiative. but it is a welcome bit of relief, particularly for the auto manufacturing industry. at the top, because of the steel place,m

natural gas in soybeans from the u.s. the latter being important for american farmers. u.s. president donald trump celebrated his latest trade deal in the farm state of iowa. i mean basically we opened up europe and that's going to be a great thing for europe and it's really going to be a great thing for us and it's going to be a really great thing for farmers before trump and younker appeared before the press on wednesday business groups and members of trump's a republican party urged the president to avoid a trade war with success but it's a deal at the expense of others however trade flows will be rerouted meaning less purchased from china brazil or african countries that spot discussion at a double meeting on thursday evening the u.s. representative had a few things to explain to his chinese counterpart for now it seems economic peace has broken out between the e.u. and us but a single tweet could out and it all the steps is a stock that's the countess's and given the loss of trust over the past few months maybe even years we really hope that the agreement from yesterday will be adhered to. it

natural gas in germany, why don't we talk about selling american natural gas to europe. it's a huge market. >> we've got the ability to export that. let's talk about that. this gas pipeline that president trump has decided to glom on to as the issue. first of all he has characterized this interesting. idea germany buys gas from russia means they're captive to russia. an interesting point to make. we buy a lot of ours from canada. but i get his point. what's the big deal about this pipeline? >> 40% of their -- 40% of their natural gas from the east. this would increase. 35% of their oil imports, raw oil from russia. but when you look at the overall trade portfolio between the two countries, russia needs germany much more than germany needs russia. the trade imbalances -- excuse me in russia's favor about 31 billion. mostly in energy going towards germany. germany sells audis, porsches, when sanctions were put in against russia, it hit export companies, but anything in the other direction would hurt russia more. so this is controversial inside of germany. there's a general school of thought in berlin and long before that the more trade you have with russia, the less likely you are to have a co

natural gas and soybeans from the u.s. the latter being important for american farmers they have come under pressure lately after china targeted their crops with retaliatory tariffs responding to tariffs donald trump had previously made it on chinese imports like every tronics. alright and for more on that particular story i'm joined by last hotter from our business department. trump undrunk reaching some sort of an agreement certainly last night how big is that deal i don't think it speaks at all it sounds big certainly monica futurist listen to the two gentlemen there if you listen to the wording specifically the words used by president trump he says we are entering a new era of friendship and trade well for decades we had an era of friendship and trade that basically was destroyed a couple of months ago and now we're supposed to get the. again and also there's very little detail now i am a little bit pessimistic about the whole thing others are not we have a tweet here reaction by the german minister for economic affairs. and his us congress to young trump breakthrough achieved that can avoid a trade war and save millions of jobs great for global economy so obviously that is his job to be optim

the criticism of donald trump is that germany is paying russia for delivering natural gas to germany not only germany but the big the whole of the european union and the americans are paying nato for in order to be able to defend nato including germany against russia so that is something that he is criticizing but what we see here is a pattern emerging is trying to mix different topics topics that in the past were separate for example trade defense now the relationship of germany and russia climate change all these things usually in an international context are treated separately but now by mixing them he's trying to increase the pressure but that's something he'll probably be able to talk about directly without going to back later in the day we've just learned that a bilateral meeting between donald trump and i got a backhoe is planned for the afternoon here in brussels. made those comments if you just quoted why talking to the nato secretary general against stockton back what was against staunton banks reaction. so the back is in a difficult position because of course as the secretary general of the alliance he wants to make sure everybody's on the same page

the north stream 2 pipeline, fighting for american natural gas interests over the russian interests. you think putin likes that? you know, again, under the trump administration, wiping out the russian mercs in syria! sean. this stuff actually happened. the media pays no attention because they're pathetic. they're not evenat the media. they're strictly a propaganda armed for the democratic party. let's stop pretending they're reasonable people. >> hannity: michelle, go ahead. >> yeah, i just want to add something because it's so galling and unconscionable for the media outlets now to fashion themselves the champions of our intelligence agencies. they want to you forget that during the bush administration, it was two "new york times" journalist who has tipped off -- journalist who has tipped off muslim charities, global relief foundation and holyland foundation, designated terrorist finance organizations to raids that were about to happen. the u.s. attorney at the time, patrick fitzgerald, condemned those leagues and those -- leaks and those publications of dangerous information because it directly impacted andfo affected those agents that were

natural gas and soybeans from the u.s. the latter being important for american farmers they have come under pressure lately after china targeted their crops with retaliatory tariffs responding to a terrorist trump card previously levied on chinese imports like electronics. and in the last few minutes the european central bank has announced it's leaving its key interest rate unchanged that keeps it at a record low often zero percent above the e.c.b. said it will be hovering its monthly bond to buyback program that's. about it was that dramatic and then we had a dramatic fall in profits at dime not because it's an ng season the german carmakers said second quarter revenues were down twenty nine percent on the year that is even though the maker of mostly to spend sold cars and trucks dima said trade tariffs were partly to blame for the profit shortfall this comes after german motors also reported a big drop in profitability in europe dima is also dealing with a major recall of diesel cars. and facebook the shares took a beating after the social media giant reported the user numbers driven you haven't been rising as quickly as expected shares fell more than twenty percent in after hours trading in

forever telling the american just sick of it and and donald trump ran on being sick of it and calling out germany calling out germany for strengthening russia through purchasing their natural gas and through a pipeline while at the same time the whole purpose of nato is to protect germany and the other countries from russia is is that some most bizarre scenario you could imagine trump said what the heck's going on here that speaks to the american public and speaks to the world that's common sense something that other politicians shy away from and they're afraid of and that's the appeal of trouble and if you think he's helping democrats i don't know what universe you're in well steve about the america versus the world he sure plays at home but don't you find his un statesman like comportment unsubtle and if you're elsewhere in the world weighing america. i couldn't care less of course and i've no i don't have i don't care what that i don't you think do i care what. i'm going to marco thinks of him do i care what the french president thinks of him do i care what the french people think of him do you currently american people i don't like them or is it it's america first and that

what president trump really didn't say and what he was implying is that the germans should buy instead of russian gas american natural gas. this has been a big trend for president trumc he's really e the sort of salesman in chief, if you will, for american natural gas companies. the problem with that is, in europe, they know and, in germany, right now that american xpnatural gas is more ensive after its sent over the atlantic in germany than russian gas and there is just not nugrly eno of it. so the german chancellor doesn't want to be overly dependent on russian gas, she doesn't want to be overly dependent on rusa all, she's in fact championed all the sanctions against russia, but she's pragmatic and feels from a business perspective it's important to ensure the supply oy enehat germany gets from russia with this new pipeline. judy? >> woodruff: meanil yamiche, the president surprised everybody on another point and that is after saying the allies need to ep up defend spending to 2% of the gross nationalo product, it uld now be 4%. where is that coming from? >> he's playing to a domesticen au as much as international

trump wants germany to wean itself off from russian natural gas. how can they do that by placing orders from north americanfied natural gas, an export market that is really taking off because the fuel is so much cheaper here than in the rest of the world. i've been following this issue from practically it's inception. i know been a devotee based on a division that the u.s. would become a natural gas powerhouse because it has so much and it's a glut and we could build facility here is to export it to there while he no longer runs cheniere, it's our largest exporter that has become a major force along with dominion energy suki, who is now chairman of talurian tells me this is still in its infancy the chicago exchange announced it will start quoting a gulf coast price to facilitate trading in the fuel. no kidding gulf coast this is where the plants are going up okay and it's just red hot. so only one issue. even as we're flaring more natural gas than we use in this gas, can you imagine, even as we're now the world's lowest cost producer because we have so much of the stuff, all the export facilities we're loo

trump has ulterior motives that he's not just warning western europe about the dangers of reliance on russian energy what he's actually done trying to do is create a space for american liquid natural gas exports to be able to come in and fill any void if western europeans manage to get themselves off russian gas. marx makowski is a senior fellow at the land to council and former u.s. defense official he's also the author of flexible expansion nature enlargement in era of austerity and uncertainty he joins us now from washington thanks very much for being with us so what do you make of things isn't trump's attack on america is right at the start of a nato summit what was he trying to achieve anything. you know i think president trump reviewed his visit to brussels laying out his frustrations over burden sharing and trade imbalances and germany in particular is the main target of his is dire german germany has not been able to fulfill its two percent threshold commitments agreed to in two thousand and fourteen and as a result he wants to take advantage of that inability and show case that allies are not meeting their defense pledges and are free riding on the united states and again cha

trump said both sides will work towards zero tariffs. meanwhile, the eu will buy more american soybeans and liquefied natural gas.ervatives have stepped up their threat to impeach deputy attorney general robert rosenstein. they say he has ignored their demands for documents about the russia and hillary clinton investigations. 11 lawmakers have introduced impeachment legislation. over in pakistan, former cricket star's as won most seats. as grant results stand, he would have to meet with independent lawmakers to form a coalition. china is taking another step to ease the pressure from its deleveraging campaign. bloomberg has learned that the people's bank of china told some banks that specific capital requirements will be eased to support lending. that is aimed at cutting off an economic slowdown. fromng itself apart rivals. it has given the green light for copper mining in peru.we spoke with anglo american 's ceo who said investors are still being rewarded. payoutnnounced a 40% ratio. we always look at options we have available to us. we are continuing to get it down. we expect it will continue over the next 18 mo

american and ability -- america's dependability. host: what do you think about the german pipeline and his connectionability to dependencyn russia? hast: i think donald trump been angling and pushing for the germans to buy more u.s. natural gasoking at the transactional dimension of how this guy works and what he thinks about. i'm sure he looked at something that really bothered him of why aren't they part -- why aren't they buying american and they are buying russian. donald trump is prone to overstatement for effect. it is typical of his relationship with angela merkel. she is sort of stonefaced and doesn't react to him. i think you just try to poke her. i remember talking to someone who was in the room for one of their first meetings. he took a piece of paper and said an invoice, germany owed us $2 trillion but said he could get a better deal for her. she was just frozen and refused to react to that. ofon't want to make light the comment, and i think people were astounded and shocked by the comment. macron was asked about it, did he think germany was the holding to russia and run by russia, and he said no. this was donald trump in a kind of recklessness with his words that i think ends up, as many people said, there's a b

natural gas in soybeans from the u.s. the latter being important for american farmers. u.s. president donald trump celebrated his latest trade deal in the farm state of iowa. repay sickly we opened up europe and that's going to be a great thing for europe and it's really going to be a great thing for.

natural gas and soybeans from the u.s. the latter being important for american farmers. u.s. president donald trump celebrated his latest trade deal in the farm state of iowa. i mean basically we opened up europe and that's going to be a great thing for europe and it's really going to be a great thing for us and it's going to be a really great thing for our farmers before trump and younker appeared before the press on wednesday business groups and members of trump's i mean republican party present the.