they are very much a symbol of canada's modern fighting force.trained to assume the military response abilities of a growing nation. although the royal 22nd has carved a special reputation of its own in war and peace, it is typical of many units in canada's present-day army. at this colorful show in the citadel, his horns are gilded for the officer of the guard. [marching band playing] the canada's army man is only incidentally a ceremonial soldier. his primary suction is to fight if and when necessary. how well he has done it in the past is written on battlefields from south africa to korea. the solitary sentinel in front of the citadel's historic entrance waits to be relieved by the morning guard. [drumline playing] here, the new sentry takes over his post, standing well over six feet tall in is great bearskin busby, embodying a tradition as old as canada. [drumline playing] ♪ on the nearby plains of abraham, -- abraham in 1759, a british general lost his life and one -- and won canada. the english victory marked the destiny of canada as a brit

here is sergeant stewart queen, coming to you today from canada. ♪ years,or more than 100 canada and united states have shared and undefended border. the canadian army and the american army have long been partners in the defense of two free nations. europe and in korea, canadian and american soldiers have fought side-by-side, shoulder by shoulder, in keeping with a proud heritage. "the big picture" salutes the canadian army and brings you a report on its distinguished past, and its dynamic president. with me here at the citadel fortress of quebec are two canadian soldiers, sergeant mcmanus and accompany major. sergeant major, you are with the canadian guards. >> yes, sergeant. member of the canadian guards. the regiment was formed in 1953 and became canada's first national regiment. its motto means from sea to sea. host: what are your assignments? with [french spoken] . we are a french unit. most of our men are french and come from the province of quebec. host: i'm told the 22nd regiment is frequent lee -- frequently referred to as the van douxs. >> we are called that by english spea

they represented too a cross-section of canada.ighting skill they demonstrated was not simply the army's story, it belonged to the nation. ♪ [gunfire] stewart: christmas of 1943 found many canadians celebrating in a picturesque italian village. [explosions] stewart: the germans disliked giving up their quarters just before the holidays, but the canadians could not wait. through a cautiously ingenious technique called mouse holing, the loyal edmonton regiment and the faithful high landers leveled the town one room at a time. ♪ stewart: by the end of the italian campaign, nearly 100,000 canadian soldiers had seen service in italy. [explosions] stewart: when allied troops went ashore in normandy the canadians , carried their share of the assault. ♪ stewart: the drive inland was tough and subject to repeated german counterattacks. in a great pincer movement made in august 1944, canadians, british and americans effectively cut off and sealed a formidable german force. ♪ when the fighting ceased around calais, the battle had turned into

with regard to your second havent with canada, there been quite a lot of trade tensions with canada, which is quite surprising because they are typically what our closest neighbors. we have been hearing accounts of boycotts of american products from canada. those are typically hitting just the most high profile american brands, and obviously there are a lot of american products on the shelves in canada that are probably not going to suffer from some of that. but there is kind of a surprising backlash to american largepolicy there, in part prompted by this very public sparring between president trump and prime minister justin judo just -- prime minister justin trudeau when there was a clash over trade. host: this is connie in south carolina, independent line. caller: hi. i watched y'all a lot of mornings. i want to say if this trade -- well,es into effect i suppose it has already gone into effect -- but i live in south carolina. i live in the upstate of south carolina. near north carolina, georgia, alabama. all of our companies are foreign companies from europe. i have never -- i have

taxing our allies like canada and mexico into the eu, can you imagine being in canada and being told that you are still in aluminum export -- your steel and aluminum export from the u.s. represent a national security threat? this is an affronts to a long- standing partnership between canada and the united states. it is kind of insulting. canada is the united states longest and largest american --. it buys more goods from the west and china and in the uk combined. canadian companies operate in united states directly employ 500,000 americans. canada and the united states share more than 5500 miles of a peaceful border. close to 400,000 people cross that border each day for business, pleasure, or to maintain family ties. canada has been our partner in the world on terrorism since 2001. more than 400,000 canadian armed forces have served alongside us in afghanistan between 2001 and 2014. canada has been our ally, our partner, and our friend. now they are told that there steel and aluminum exports to us represent a national security threat. that is an abuse of section 232 of the trade act

and canada. so the trump administration as you referenced put tariffs on canadian aluminum and steel. americans will be paying more as of yesterday for any product that has those two ingredients. here's the retaliation list. you'll see a lot. canada imposed tariffs on metals and a slew of wide-ranging products. as of yesterday, you can see the metals but american whiskey, coffee, maple syrup, ketchup and the unknown here is that canada said they targeted american goods for which there's a canadian alternative. if you take a look at ketchup. if their favorite is heinz, they will have to buy a canadian brand or pay more. here's some of the other goods that were targeted by the canadian government against the u.s. imports. chocolates, dishwasher, gas stoves, motor boats. if a canadian wants to buy these, they have to pay more. as far as the u.s. trade tiff with china, the one that we have against china comes in two waves. the first will apply to more than 800 chinese goods worth $34 billion. that go

canada has been our partner in the war on terrorism. since 2001, more than 400,000 canadian armed forces have served alongside us in afghanistan. between 2001 and 2014, canada has been our ally, our partner, and our friend. and now they are told that their steel and aluminium exports to us represent a national security threat. that is an abuse of section 232 of the trade act. i'm so glad that congress is finally, finally pushing back on this. we have neglected our constitutional role. we gave the president authority years ago, under the 1962 act, to exempt from that act imports that represent a true national security threat. these imports do not. this is an abuse of that authority. that's why congress needs to speak up today. this is nonbinding resolution. this will not have an effect that will actually get to the president in legislation. that's the next step. and we need to go there. we have to go there. and those voting on this today need to know that that's where we will go. we have to rein in an abuse of presidential authority and

, aluminum-related. 17.6 for canada. the european union, a .2. mexico, 6.8 billion. morning.nia, good democrats line. caller: good morning. how are you? a couple of quick thoughts. seen dastardly hiss history economically, numerous bankruptcies has led to illegal -- bob mueller will prove there is illegal money coming from probably russia to sustain him. my point is now he holds the keys to the whole country. he is making these horrible decisions, in my opinion, regarding these tariffs. why can't our legislature step up to the plate and stop this guy? that's all i want to know. question.is a good under the constitution trade resides with congress, that has been delegated in various ways under a number of statutes, which means congress could legislate to regain a lot of authority. would we are seeing at the moment, particularly as the administration uses section 232 usuallyexpand what was seen as national security defense, steel and aluminum, and a tariff on automobiles, will be a defining moment to whether whatess is pre

we run a surplus with canada. tradey his metric our relationship with canada shouldn't be a problem. our even if they are buying goods with the money they make in exports, they invest in the united states. so the flipside of the deficit is a capital surplus we run, money coming into the united states to buy treasury blondes bonds that keep interest rates low, investment in factories that provide jobs in the united states, so trade is a win-win. host: a tariff, what does that mean? >> it essentially means that as goods cross the border at tariff, an actual tax or is levied on the cost of those goods. at $10, you put in a 50% tariff ended becomes a $15 good. in the amounte we of tariffs you know of levied against other countries? >> since the administration has on $36 with tariffs billion so far on imports from china, and another $14 billion, $50 billion in total, and we are on steel ands aluminum across all importers to the united states except for a couple of countries like australia, which receives exemptions. ho

slapping tariffs on ketchup was highly symbolic on canada's park. not only does kraft/heinz dominate 70% of the canadian ketchup market, but they closed a factory in canada years ago. in ohio most of its product is produced is a political swing state, which often determines who wins the u.s. presidency. over 51% of constituents back president trump in 2016. >> heinz ketchup is an american product. >> patrick toomey from pennsylvania. kraft/heinz home state. this could have an advse impact on kraft/heinz and its projects. >> the solution for them, to be able to continue to sell their oduct in canada, would be to shut down their u.s. factory and move to canada, t they wojedn't be sub to these tariffs. >> resident thes of this small working town says this ketchup plant is a big source of jobs for people who live here. >> they're a i staple freemont, they've been here for years and years, as long as can i mber, and i'm pretty old in it is the mother ship of all kraft swlsh it makes the most ketchup in the entire united states very big. >> experts say kr

and now taking effect among the millions of products canada gets from the u.s. most of its recreational boats but summer fun afloat will be more costly now as the tariff on imported yachts takes effect a response to the trumpet ministrations actions and rhetoric on steel and aluminum we're hoping one client who has a boat right now in miami who is already purchased the boat it's paid for he needs to bring about the canada and he's looking at you know ten percent on top of hundreds of thousands of dollars. more than steel aluminum and sailboats canada's also putting tariffs on the clock tick range of u.s. goods. at a politically sensitive part of the country chocolate for example from the swing state of pennsylvania u.s. states are the key to auto was trade war strategy canada is the leading destination for exports from thirty six of them many are being targeted for counter tariffs that's adding to the concerns of companies with cross border business as talks between the u.s. canada and mexico to renew nafta the north american free trade agreement stagnate some f

and canada. those are the two countries that provide the most steel. ,ith both of those countries the have a surplus of trade in steel. canadians by more steal from us than we buy from them. so do mexicans. where is the security threat to america when my constituents choose to buy some portion of steel that we consume from canada? talking about canada's purchase of steel from the u.s.. timber has also been an issue with the u.s. and canada. is aeltzer: there long-standing dispute concerning subsidies of the canadian government gives to the steel industry and the lumber industry and the effect it has him him or prices in the u.s.. this has been litigated multiple times in the american free trade agreement. the construction industry in the u.s. is not particularly concerned because the lumber producing side -- it is one of the -- >> our guests are josh meltzer and dan griswold. we're talking about the impact presidents the enacted in the last month. googlers for independent line now in west virgini

canada's tariffs to hit kraft heinz. ceo says it's not just corporate america, but you and me that will pay the ultimate price in this trump/trudeau tariff battle. "countdown" is coming right back. with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. ♪ ♪ ashley: canada, not playing nice. our neighbor to the north imposing nearly $13 billion worth of fees yesterday including everyday items ranging from ketchup to candy to coffee. that's my diet. it's in retaliation to the u.s. raising steel tariffs by 25%. we'r

canada, mexico, and china. canada, mexico, and china accounted for 43% of our farm exports last year. president trump often talks about our need to export things that we make. from a rural america perspective, we also need to export more of the things we grow. we recognize that over 95% of the worlds population does not live in united states. we must work together to protect, modify, and modernize our current trade agreements. we must be at the table. we must expand our market opportunities through new trade agreements. minnesota farm bureau strongly believes that we need to resolve the trade concerns before resorting to tariffs. it is critical that we limit trade disruptions and resolve trade disputes through negotiations, not tariffs. and not withdraw from other trade agreement discussions. we must be at the table. once you lose the markets, it is really tough to get it back. i appreciate the opportunity to appear before the subcommittee and look forward to answering your questions. >> thank you, mr. vanderwa

aluminum manufacturer, 20% of its manufacturing is in canada. -- 20th percent of its production in canadaoduction is in canada. most of that all comes to the u.s. and now has a tariff on it. joe: we have big smelters in canada. we ship it back to the u.s. this is the thing we have tried to tell people so much in our stories. the biggest u.s. aluminum producer, the most iconic name in the game across the world, is actually getting hit by the tariffs that are supposed to be helping u.s. producers, and i think they made that pretty clear in the earnings, and he certainly made that clear in the call to us beforehand. alix: and the equity underperforming aluminum price no matter where you look. thank you so much, bloomberg's joe deaux. let's get into the ring. a big call of the week. gold hitting a one year low. bnp paribas cutting its forecast this year to 1250 and 1100 and 2019. joining us now is the analyst behind that call. the head of commodities research joins us from london. good to see you. why the downgrade of gold? >> good afternoon. we downgraded gold for really three reasons. dolla

canada has nothing to gain from this whatsoever there is if canadians really knew who these white how much were they would be up in arms about them being resettled imagine terrorist stan brock to canada outcompeted terrorists being brought to account of them being resettled in canada it's shocking it's outrageous that but it does show what it does show is that it exposes how deeply involved the canadian six s. of canadian governments have been in the in the war for regime change in syria the canadian government has given almost eleven million dollars to the white house that's it has given money to other terrorist outfits in syria it has get brought to the syrian rebels to tap into it has helped to organize back way back in twenty twelve and helped to organize the us coalition for regime change in syria so canada has been deeply and shockingly involved in this illegal regime change operation and that's the reason that the canadian government saw fit to salvage its white helmet assets from from syria by. bringing them to canada it's outrageous what about ten jimminy in france they've al

canada, mexico and china accounted for 43% of our farm exports last year. president trump often talks about our need to export things that we make. but from a rural america perspective, we also need to export more of the things we grow. we recognize that over 95% of the world's population does not live in the united states. we must work together to protect, modify, and modernize our current trade agreements. we must be at the table. we must expand our market opportunities through new trade agreements. minnesota farm bureau strongly believes we need to resolve the trade concerns before we sorting to tariffs. it is critical that we limit trade disruptions and resolve trade disputes through negotiations not tariffs. and not withdraws from other trade agreement discussions. we must be at the table. once you lose a market, it's really tough to get it back. i appreciate the opportunity to appear before the sub committee and look forward to answering your questions. >> thank you and mr. vanderwall, you're recognized for five minutes. >> thank you, mr. chairman. go

comes to canada and mexico. i'm not looking for a date certain, but i'm looking for some more certitude in your statements to help lay these issues to rest. >> thank you, senator. i would say i think the --- we have a whole -- we have a whole variety of problems. i think the one you're addressing is the nafta issue generally. it is our hope -- i'm meeting this afternoon with the mexican side on the nafta deal in a discussion, including the representatives of the new -- of the newly elected government in mexico. my hope is that we will, before very long, have a conclusion with respect to mexico and that as a result of that, canada will come in and begin to compromise. i don't believe they've compromised in the same way the united states has or mexico has. in terms of timing with respect to nafta, i would say the following -- if you assume that you're going to have president nieto sign an agreement, a new agreement with the united states, which is to say the current president of mexico, there has to be 9s 00 days'

suggested hemp has might go for a bilateral deal for turning to canada. are trying tohina restart talks aimed at averting a full blown trade war between the world's largest economies. two people familiar with the effort say representatives of steven mnuchin and the chinese vice premier are having private conversations as they look for ways to reengage in talks. the next wave of u.s. tariffs may hit as early as wednesday. in afghanistan today and assault on a government compound in the eastern city has killed at least 15 people. a suicide carbone went off outside of repatriation center allowing two gunmen to storm the compound. afghan officials say a coordinated attack also took place in the western part of the country where a roadside bomb killed 11 people. global news 24 hours a day on air and at tictoc on twitter powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. shery: its 1:00 in new york. i'm shery ahn. vonnie: i'm vonnie quinn. welcome to bloomberg markets. shery: its 1:00 in new york. i'm

and nafta negotiations with canada and we expect an agreement on steel and aluminum with respect to canada. we don't have a similar process with sweden. but we have a process beginning yesterday with respect to the european union and the view would be that if we are successful coming to a conclusion on that, solid steel and him and him problem with respect to the european union. to answer those questions that is where we are on that part of the issue. on the question of how long it will take to resolve the issue with china my guess is it will take longer. they take a longer view and to the extent we can, we realize a political system makes it difficult but nonetheless reality is an awful lot of politicians. it is not fair to say every politician is dictated by the next election. a lot of risks do the right thing. i don't know the answer to the question on china. i just know that i believe we have a strategy that has worked. i don't think the president created the problem with china. by benign neglect, i think it is a situation where you have to make a change or the consequences are grave f

they thought canada would be excluded.veryone is putting that into their model saying that they were not excluded. that it's them on the front end. that is part of the reason they had to downgrade for 2018. irony of that. a u.s. aluminum manufacturer that gets 28% of its production in canada. >> right. we have big smelters up the st. lawrence river. we ship that into the u.s.. this is the thing we have tried to tell people so much in our stories. the biggest producer, the most world,name, across the is getting hit by the tariffs that are supposed to be helping u.s. producers. i think they made that pretty clear in the earnings. he made that clear in the call to us. alix: the equity underperforming the aluminum price. thank you so much. into the ring. a big call of the week. gold hitting a one year low. 1100 for 2019. joining us is the analyst behind the call. of commodities research. joins us from london. good to see you. why the downgrade of gold? >> we downgraded gold for three reasons. dollar strength, lack of inflation

did to canada so this is just matching what has already been done.ada imposed a 10% tariff on a whole host of other goods, including yogurt, pizza, ketchup, candles, lawn mowers, toilet paper, plywood, pens, mattresses and that's not the whole list. president trump has claimed many times including in this tweet from march that the united states has a trade deficit with canada. he used it to justify the tariffs. according to the u.s. trade representative, which is part of the trump administration, that's just not true. the united states -- let me explain this to you. the united states imported $300 billion worth of goods and only exported $282.5 billion north of border so in theory there's a trade deficit in goods of $17.5 billion. that would be interesting if america and canada were primarily manufacturing industries, but they're not. we do a lot in services. in 2017, we exported 58.7 billion of services, imported $32.8 for a $25.9 billion trade surplus with canada. you add up that trade deficit and that trade surplus and you have a $17 -- you have $

we also like canada. what is going on in the u.s. right now happened in canada last year.se companies are still making a lot of money. things are getting better, they are sorting out some problems. these are the things we like in the portfolio right now. alix: mlp's would be an obvious place to go. but it -- they obviously underperformed and that was a tax law issue. that might have changed around. >> we had a decision last night from the federal energy regulatory commission clarifying their rules. when they announced this idea, it really sent mlp's into a tailspin. we saw company saying maybe the mlp structure is not for me. and start to talk about combinations, certainly energy transfers saying they'll to get ridly combine of some of the mlp's structure. which is very complicated. we also saw boardwalk snapped up by lows. what they did last night was give the market a little more encouragement. they acknowledge they cannot go back retroactively and set rates. that is very good if you're at n mlp. you don't have to refund potentially years and years of overcharges. that i

been fires in canada, perhaps a0 major fires in canada, been fires in canada, perhaps a0 majorfireske up in alaska. perhaps 0regon majorfires in canada, and wake up in alaska. perhaps oregon has been the hardest hit, it has the highest number of significant blazes at the moment. what extraordinary about this is how an extraordinary it is becoming. year after year now in the united states and further afield in north america we are seeing significant large blazes and scientists say there are a number of reasons for that. percival, scientists say there are a number of reasons forthat. percival, human activity building out into the wild lands, a century of suppressing the fires, allowing trees to grow more densely, so when there is a buyer it is more devastating. but also natural weather patterns, there has been a drought in california for yea rs, been a drought in california for years, and of course climate change, which many scientists say has had an effect. the government is looking at making political adverts online more transparent so people know who is behind them. it also wants t

alex was a young hellraiser in canada, something that enraged his mom.he would whack me pretty hard sometimes. if i did something that she considered... stupid. but after his parents divorced, alex was shipped off to boarding school, and what started as a summer gig at a radio station to pay tuition turned into a career, which had its perks. you were kind of a serial dater. what was your type? i was into faces more than bodies. i wasn't one of those guys who said, "boy, look at the knockers on that girl." soon enough, he got the opportunity of a lifetime hosting "jeopardy!". you never let producers call you the star of the show. - never. - but yet in "wheel of fortune," they say they are the stars of the show, but you don't like that. turns out alex trebek's finish line may be closer than you think. your contract is up on "jeopardy!" in 2020. can you imagine a life without "jeopardy!"? - sure. - what are the odds that you will stay after 2020? alex trebek, the man with all the answers. harvey, welcome. uh, what is a salutation? you got that one right. i-

think of canada adds the launch pad.ntellectual property and take it global, i am thinking about it taking my family on a no fly list to canada that's bruce linton, chairman and ceo of canopy growth market. "mad money" is back after this >>> tomorrow, kick off the trading day with "squawk on the street." live from post nine at the nyse. >> you decided that the president's a complete failure but you're going to put together -- >> thank you for that. >> how many more people am i going to have to block on twitter now? >> it all starts at 9:00 a.m. eastern. for your heart... your joints... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. >>> on the go or on an easy sunday morning the tastes and vibes of australia are brewed fresh closer to home will bluestone lane capture the culture that coffee love

that, just so you know, in canada, that counts as a diss track. [ light laughter ] "you mess with canadawe will regrettably inform you that we do not care for that sort of behavior. please, and also thank you." [ laughter and applause ] trump was clearly humiliated by the fact that a foreign leader stood up to him, but here's the thing. canadians can be forgiven for not knowing exactly where trump stands on trade, since he has often been inconsistent about his own position. sometimes even in the same sentence, like when he said this to cnbc in january. >> i'm a free trader, totally. i'm a fair trader. i'm all kinds of trader. [ laughter ] [ applause ] >> seth: i believe in free trade, fair trade, i believe in trade winds, i believe in rough trade, i believe in trader joe's, jack of all trades. [ laughter ] "trading places," "tracing spaces," "property brothers." once again, donald trump is the bad boy in every teen drama. who are you? "baby, i'm whoever you want me to be." [ light laughter ] so the trump administration has now said harsher things about canada than they've ever said about

, and canada gets to be a bad guy. if fact of the matter is different reasons with different products and sectors with different council the biggest thing for gotten from this conversation for free markets here like us, countries don't trade with countries, companies trade with companies, and so at the end of the day, more trade is better because this voluntary exchange more tariffs worse bad allocation of capital that simple, i think that the blowback effect that you are wondering about, could very well get worse, but i also believe the president still has some great people reviving hymn around hopeful we unwind sooner than later it is not good are not economy or the market. >> is it your thought that if this drags on a while regardless of who -- you blame, or not blame, that it will -- it could have a damaging effect on markets and the economy, that growth we are expecting from quarter just completed could be over 4%, a short-lived event. >> absolutely, i just want you had soybeans on careen i watch a last markets th

wait for holdbacks in canada goose and lulu, although i do sanction some canada goose buying, and urbantters -- >> buy, buy, buy, buy, buy, buy! >> buy it right here let's go to chris in washington. chris? >> caller: jim, i'm a proud action alerts club member. really appreciate. >> excellent thank you so much for subscribing to the club. how can i help >> l brands got pulverized on thursday as it reported sales which dropped in june by 1% despite a big sale of victoria's secret the stock was down 12.1% on that day and continued down for next two days fwleer the green today, i see, but a mile away from its near-term high of 36.7. >> true. >> caller: it is time to take my first loss. >> your first loss is your best loss, just like you learn about in "real money." so, yes, i do want you to take that first loss. let's go to jason -- because i don't think there is a turnaround in sight. let's go to jason in california, please jason? >> caller: hi, jim boo-yah from costa mesa, california >> fantastic to have you how can i help you >> caller: thank you for taking my call. i've been investing s

given the defense arrangements that we have with canada. and the fact that they have been in an, ever position or wanted to be in a position where they would deny us the ability to mount a national defense. alone, are economy you relying simply on the words of wilbur ross? the wealth of data suggests that this will weaken our economy, not strengthen it. senator, these are interagency conversations. the recommendations of the united states trade representative, other officials can all went to the president and this is the resident -- this is the decision the president has made. sen. flake: i understand. i am just saying, what data does he rely on? his inner agency or actual economic figures? and historical data that we have accumulated for prior actions of this sort. the wealth of data suggest this weakens our economy, not strengthens it. do you dispute that? experts atthey are the department of commerce who have been there for decades. not political appointees. they are career folks with looked at the situation. this is the information they

on canada. canada has been with us in every single war. canada is a great trading partner. if we were smart about trade, we would partner with them to give us greater leverage in negotiating a more favorable north american free trade agreement. you know everybody here whines , about china. everybody. they cheat on their currency. they treat their environment poorly. they treat their workers poorly. you know what you ought to do with china? stand up and compete with them. because they're bypassing because they're doing what we used to do to strengthen the american economy. you look at your smart phone, the internet, global positioning satellite, touch screen technology. guess who all that came from? the american taxpayers that financed research to make those products possible. guess where all the smart phones are made? they're made in china. you know, so we just need to be smarter about trade policy and economic policy. you can't tariff your way to economic strength and growth. what you can do and what we ought to be doing particularly of this body and this subcommittee is p

canada unveiling a wide range of tariffs on a number of u.s.ducts it is the 10% tariff on ketchup which has taken aim at kraft heinz and its largest ketchup plant behind me. that's got residents of fremont, ohio, quite concerned. >> kraft heinz is a very big impact on this economy in fremont, ohio. it is the mother ship of all kraft heinz. it makes the most ketchup in the entire united states very big >> these tariffs are a double whammy hitting kraft heinz based in pennsylvania and the largest ketchup plant, here in ohio. two politically important states for president trump. just last week, republican senator patrick toomey in a senate hearing said he's worried the tariffs will result in this ohio plant shutting down >> the solution for them to be able to continue to sell their product in canada would be to shut down their u.s. factory and move to canada then they wouldn't be subject to these tariffs. >> kraft responding saying we are opposed to any change that impacts our ability to seamlessly move our products across the borders it's still u

breaking news in the bank of canada. raising the benchmark rates as anticipated to 1.5%. 25 basis point increase and we are seeing the dollar strengthened now. we will see more of their reaction in just a few minutes. the bank of canada has raised its interest rate by 25 basis points. the first hike since january, let's get to josh live in ottawa. from what you've read so far, was there any upgrade or downgrade to the bank of canada's assessment of the u.s. economy? ash: they are banking on spike in exports was an interesting can did -- prediction. the options heading into the day really were one widely presumed had which is a hike with a reiteration, but the hike will be gradual. the bank is trying to respond hd with moving, but trade wrists are posing a headwind right now. the piece of those heights, the subsequent hikes is the real question and they look to be breaking through a little bit on we have talked about them being data-driven. given that he says a lot, i guess that's really the only option. vonnie: this stat

i want to thank those from italy, sweden, uk, canada, european parliament and poland, ukraine, the ambassador from latvia, czech republic, uk, minister from estonia and canada incredibly impressive group of legislators. so thank you all for traveling here, some from quite far away to share your knowledge and experiences. for years russia under vladimir putin has engaged in activities aimed at destabilizing democracy in europe and the united states.

canada did so over the weekend as well. mexico has done so as well. china has put their tariffs on as well. some of them. and some are expected to come to $34 billion in the next few days. is the united states winning this battle? if so, how? >> again, the president is focused not on the short term but the long term and he wants to make sure we're doing things that help protect american workers and protect american industry. and he is going to keep pushing to make sure we have good trade deals. we have been in trade deficits with nearly every country across the globe for years. the president wants to ensure that doesn't continue. >> how long is the long term? for the folks who are actually impacted by this, and they just hear, well we're in it for the long term, is the long term weeks, months, years? how long is the long term? >> we're not setting a timetable. there are a lot of different negotiations going on. we've made progress on a number of fronts. and the president again is committed to making sure we have good deals. he'd be happy to get rid of

i want to thank those from italy, sweden, damian collins of the uk, nathan of canada, european parliament and poland, hannah hopko of ukraine, and ambassador calnias of latvia, czech republic, minister kate rosimona of estonia and canada. an incredibly impressive group of legislators. so thank you all for traveling here, some from quite far away to share your knowledge and experiences. for years russia under vladimir putin has engaged in activities aimed at destabilizing democracy in europe and the united states. the kremlin leverages an asymmetric arsenal that includes

we have a partner in the nafta agreement called canada, and canada's beating their breast over these tariffs that have been put on steel. canada is a member of the north american free trade association. they are our ally. they are our friend. they will continue to be. but they put a 247% tariff on dairy products that are produced. we're the third largest dairy producer in america behind wisconsin and california. and so our dairy farmers don't look at it the same way the canadians do and it's hard to explain to them how they can be in a free trade zone and wind up with a 247% tariff on their product. softwood lumber is the exact same problem, and it's hard to explain to them how we can be in this position, and these are our friends. these people claim they're our friend and our ally, and they are, but my point is, nafta needs some adjustment, and i commend the president for doing all he can to make the adjustments in nafta. and he has been very clear that he wants to get that done and we should all support him in that effort to try to do things better than what they are. trade is comp

in brad and nancy's case, calgary, canada. that's where they met, back in '98. >> i really liked him. >> as did nancy's younger sister, jill. >> this is someone who is warm. you genuinely saw how much he cared for her. >> so brad became a helpful member of the family, even designed a computer systems in the family business. >> our i.t. guy was like, i want to meet the guy who did this, the networking system. he was kind of a legend in the i.t. world. >> he was so good that cisco systems invited him to move to raleigh and work for the company. smart guy. >> smart guy. >> but if nancy was to go with him to america, for immigration reasons, they had to be married. so in the fall of 2000, they said their vows, an intimate family affair. >> how did she feel about going to north carolina? >> a little apprehensive at first. lots of tears at the airport. fear of the unknown. but i think she was excited. >> and a few years later there were two bmws in the driveway, nancy had a vast circle of friends and brad a bright future at cisco wh

has a trade surplus with canada. canada saying we have to fight back. we can't be bullied.y targeted 120 consumer products. yogurt because it comes mostly from wisconsin. these are states that support trump or chocolate from pennsylvania or even maple syrup is on the list even though canada is a big exporter. specific areas due to that. will it affect the u.s. economy? it's too soon to say. heinz may suffer because people will turn to frenches ketchup made in canada. >> shepard: is there more of this? do we know? >> the auto sector is the concern. president trump has said it could be a national security threat. you have a hearing that will happen later on in the sumner the united states regarding whether there's goes to be any auto tariffs that will have a major effect on canada and the united states. >> shepard: i'm sure would. thank you, a career criminal accused of breaking out of prison again apparently with the help of a stolen helicopter. some drones to boot. 's a long-dn and you have the determination to keep going. humira has a proven track record of being prescribe

we do the same with canada regularly. you have gone through immigration with immigration agents before you get on a plane. and in the united states you are home free. then take whatever you have, make it more efficient but also doing this for trucks which is a huge piece of the traffic through their means instead of a bottleneck at the border you get this done particularly before people get to the border and send them on a specific clean so they can't wander off and they get through or in laredo texas airport, that happens with the texas airport. even at a time of deep political divisions within government especially local and state levels but even at the national level there is a lot of creativity that would be supplied and i talk to people in the trump administration about be surprised, you would assume the tendency is think that mexico is the enemy but that is not true. anyone who has to solve a problem discovers how deep the ties are and how much self-interest is to work together on these issues including energy. to w

not like francophone canada, but france, really.t. pierre miquelon, france's last foothold in north america. french cars, french food, pay in euros, and french attitude. ♪ [ pounding ] ♪ [ sawing ] >> maite: we really have a french way of life here. really, we eat french, i think we think french. almost, yeah. >> anthony: our host on this otherwise male-centrice bro-cation, are maite and her friend, hilary. people around here don't eat out much. instead, most cook at home, often with friends. >> maite: this is sea urchin pate. >> anthony: yes. >> anthony: pate d'oursin, a sea urchin pate. plump sacks of roe, fresh off the beach, formed into a loaf and cooked with bread, garlic, and onions and utterly delicious. >> maite: this is a try. >> anthony: wow, it's pretty. look at that. wow. it's sensational. >> maite: you like it? >> anthony: that's fantastic. >> maite: good. >> anthony: wow, that's good. >> fred: you know this is a kind of dish for real we should do. try a lot of versions, transform it all at once when it's at the peak of