movement of goods they would be quite happy to stay out of the customs union so crystal from the chamber of commerce point of view if you could have a message to these or me the prime minister paul would it be from a broader perspective to things. the first most important thing is that we want to have the same deal that the u.k. negotiates for itself we don't want to be. extricated for all for many deals because of spanish political pressure so that section absolutely crucial for us and the second point is that we would want to be able to continue providing services into europe focused on hondas and a kind of a warning to make sure you listen to the london eye what i can give you and i like some and sure quick and do you know the drill so you are very competitively placed in the quick possible and your close friends and thank you so much thank you very much believed to be a pleasure thank you. what a great things about gibraltar being such a confined space that you never know who you're going to bump into until they are bumped into jobs donald from from glasgow celebrate his forty six wedding honest

a may and good mexico be the next venezuela we speak to founder and chairman of the mexican chamber of commerce of great britain eve i owed it to lee about what president elect andres manuel lopez obrador means for the world plus is brics it no surprise given the e.u. policy on the jailing of democratically elected politicians on the day a new spanish pm petter sanchez meets is. catalonian counterpart we get the take of us by the gemini be on the european parliament committee on foreign affairs georgie so that all the some more coming up today is going underground but first on this day in one nine hundred sixty two singer bob dylan recorded the song that would make him a star blowin in the wind he introduced it by saying it was no protest song later though he said that the greatest protest song ever written was by someone we speak to today we caught up with the grammy award winning artist and film star known for you can get it if you really want harvey they come many rivers to cross i can see clearly now and countless others jimmy cliff speaks to us at a hotel in west london jimmy you're tourin

the british chambers of commerce has published a list of what it calls 23 "real—world" questions thatcts including vat, tariffs, customs and regulations. the uk construction sector picked up injune, according to the latest study. more work in the residential sector and an acceleration in commercial building was behind the rise. it was the third month in a row that the sector grew after contracting in march big pay deals to bosses and investors by water companies have damaged customer trust, according to the regulator 0fwat. it's published new rules that will force firms to explain how bosses pay is linked to performance and to prioritise customers' interests. it comes as the bosses of several water firms prepare to be quizzed by mps. a major business organisation has warned the therea may that firms are running out of patience over the lack of progress in the brexit talks. the british chambers of commerce has published a list of 23 "real—world" questions that it says urgently need answers as the uk's eu exit approaches. the list covers subjects including vat, tariffs, customs and regu

work and your brother and i go we want to see that passionately but your predecessors in the chamber of commerce and franco close the borders all these years ago they must have seen a huge impact even at that correct and in one nine hundred sixty nine the border closed almost overnight thousands of banished workers were prevented to come from coming to the rock to work and the time we had to be. inventive we had to look think outside the box and at the time we look to morocco to temple that labor and in fact a lot of those americans that came to gibraltar to work in our members of the community and have been here for fifty years they must of course allies your closest neighbors in spain the workers who come across every day they want want to see a situation where where their government is is attempting to restrict or travel that's absolutely correct. i cross the border and they're in the come play which is the media the sanity of your broker there is a lot of corporation we think is one we have a fax machine was one of the founding members all across from t. group which is a gibraltar spanish gr

have been locked into these agreementsen havagreement --s al with it. >> let's look at the chamber of commerce for what they are. this is the group pushing the gang of 8 amnesty. the chamber of commerce is being backed by heavy duty gop players. it tells you where they are. i like where we are. we have a world that has been playing soccer on one field and we have been playing american football. are they going to be paying for some producers? yes. but we have to get to a point where sarah sanders said we may never get to the no tariffs, but we would like parity on tariffs. you have to take on not just china. but you have to take on the smaller issues. they are part of a larger approach, fixing the wto. but we are still in the driver's seat. and i think it's important that this is where we need to be right now. charles: moments ago general mountains said they would have d general motors said they would have to pull back production. obviously there is a certain amount of pain that comes with this. i think right now the majority of president trump voters are willing to deal with that if they think

the chairman of the international chamber of commerce u.k. is still with us. of the brexit story, where do you think this ends politically? this referendum is something that is being talked about in a number of different guises. is this wishful thinking, or something that might happen? mike: i will give you my view as a citizen. we have a parliament that is completely divided, two major parties completely divided, clearly significant issues that have arisen. we find the electoral law has been broken. what are the choices we have? it is critical for the country we find a solution to brexit. it seems to me you end up with having to at least consider going back to the people for advice. does britain watch that? britain wants to not get into the political debate. wants is tos recognize however much you disagree, to recognize this parliaments made by on the basis of an advisory vote. needs to be as close as possible to the european union, to manufacture goods portrayed according to standards. that is what is important to investors. mutual recognition would have bee

tariffs to focus on europe increasing imports of soybeans and natural gas area the canadian chamber of commerce ceo speaks out what he makes of the ongoing trade tensions and the future of nafta. let's get a quick check of the major averages. we are seeing u.s. stocks mixed today. 500 down 2/10 of 1%. gamblesumer -- procter & and coca-cola but tech is a big drag in fact most sectors on the s&p 500 are in the green but the tech sector is falling one half percent and taking down the s&p 500 with it. the nasdaq is down 1% although industrials are getting a bit of a boost on a lower trade tension optimism coming out of the u.s. eu meeting yesterday. >> it is interesting to see where we are seeing a decline. in some cases gains. they are big moves today. massive momentum plays here. biogen is one of them. disappointing news of its trial. people are voting with their feet today. there is facebook of course, a historic drop in value. one of the stocks and let the market higher. that will pressure this market. for more on that we are joined by sarah frier from san francisco. disappointing as we are see

multi-nationals, the chamber of commerce, the business round table, the national association of manufacturingtreet not to acknowledge the impact that trade deficits have in cutting into economic growth rates. it's, it is duplicity the at its worst -- at its worst to ignore it. >> are well, it's going to be an interesting battle and, obviously, all the books will be rewritten after this is done. lou: rand paul also urging the president to cut the security clearances of six members of the obama administration, general hayden, former cia director urn bush. >> let's say he's right on that and wrong on trade policy, and the president should do both. the president should, by himself, get rid of the security clearances. and i think there's a lot of people now feel very strongly about that as we have expressed. lou: this houston cry against -- hewn cry against the president even contemplating these clearances should tell the president and the entire white house that he's doing exactly the right thing in doing it. it also should tell the president something else. he could get no more flak for actually

chamber of commerce puts on the full court press against the president's trade tariffs, highlighting so-called faces of trade, the nation's biggest business group claiming the president is risking a global trade war that could come back to hurt american businesses of all types. now this comes one day after canada imposed new tariffs on nearly $13 billion of american goods, as china's expected to tack on new tariffs this coming friday. and the chamber of commerce not alone. general motors' ceo mary barra firing off a letter to the commerce department saying the american automaker may have to scale back its business if tariff threats on european automakers become reality. we have got it all covered. we have blake burman, ambassador rufus -- [inaudible] the president of the national foreign trade council and the ceo and president of the american apparel and footwear association. we'll be talking trade. we are less than an hour now to the closing bell. i'm ashley webster in for liz claman. let's begin the "countdown." ♪ ♪ ashley: breaking news for you. after taking over time warner, at&t

today the british chamber of commerce has said its patience is at breaking point with the government frustrations reflects what trade unions and businesses feel. all the chamber wants is some answers to some very basic questions. so can the chancellor front bench or treasury bench offer some answers today? will they be subject to new regulations? will customs checks be conducted in the uk? will companies first be able to transfer staff between the uk and eu as they do now? but above all else, will the government answer the question from the chamber, will ministers stop squabbling and provide some answers to these vital questions? mr speaker, it's fascinating to see the honourable gentleman posing as the champion of business when he's been attacking and undermining business ever since he got into his current position. but yes, i recognise all of the questions that he asks. on friday, the cabinet will meet to set out our way forward in our negotiation with the european union. we recognise that this is now urgent and that we need to make progress. he talked about minimising frictions, m

with the visa programs. >> sreenivasan: jeff seifried is president of the branson/lakes area chamber of commerce. >> a number of applications were denied, and so we went into emernggency mode on tro figure out how we were going to fill the more than 2,000 vacahencies, open positions in marketplace. >> sreenivasan: he s gs that the u.st worker program has always been used as a political football. t things got especially difficult last year after congress failed to ex exemption for returning guest workers. the exemption previously alwed those workers to come from abroad, season after season, and they d not count toward the annual cap of 66,000 h2b visas available. >> there's been a lot of discussion about immigration, obviously, across the country. but i think what's happened is the temporary workforce ograms have gotten mixed up in this immigration discussion, and frkly, inappropriately so. >> sreenivasan: while seifried and his team continue to lobby the federal government for temporary workforce visa reform, recruiting workers from puerto rico is a top priority. employers from branson are also

should the united states fear the new president of mexico we offer the founder of the mexican chamber of commerce in great britain what he thinks president elect all brittle means for the future of america and the european parliament's foreign affairs committee is jordi solely on how long you will jail the democratically elected politicians all of them all coming up in blood through of going underground. what self is saying hold on let's move those jobs back to america by imposing sarus to equalize this trade picture and move toward a post china extraction model you know where as private equity extracts wealth using leverage files china's but extracting wealth using leverage trade shenanigans so this is just the reverse of that trump as i hear it in some people's voices starts to make a little more sense that people don't understand that this guy actually understands more than people i'm giving him credit for. something seems wrong when old rules just don't hold. any new world that he's yet to shape out these days comes to educate and in danger many equals betrayal. when so many find themselves w

the british chambers of commerce has published a list of 23 "real—world" questions that it says urgentlys including vat, tariffs, customs and regulations. just when you think you know somebody! blocked! the us has moved to block state—owned china mobile from entering america's domestic telecommunications market, citing national security concerns. it comes just days before the world's two largest economies are expected to impose trade tariffs worth billions of dollars on each other. with us now in singapore is katie silver. nice to see you. tell us more about this latest twist in the trade spat between the us and china?m this latest twist in the trade spat between the us and china? it is indeed the latest twist. china mobile's shares were down about 2.6% on opening from this news and have not recovered since. it dates back to 2011. that is when they first applied to start trading in the us, the world. the largest telecommunications company. the issue is, they are about three quarters stay down. according to the trump administration, in a statement, they say that the state ownership makes

yesterday, we had the chamber of commerce saying that we needed issues. nt questions for. today, it is the institute of directors. those in the business community are getting frustrated about the timeframe. that will go on the blink of a night. there seems to be so much that still needs to be sorted out. it seems to me that the ha rd core toy sorted out. it seems to me that the hardcore toy brexit years, the rees—moggs of the world, they don't ca re rees—moggs of the world, they don't care about the economic impact. they probably do but their view is the impact will be different to what many people are expecting. impact will be different to what many people are expectingm impact will be different to what many people are expecting. it goes against what many experts are stating. their ideologies kind of dominate more than their concerns about economic implications and this sort of thing will be water off a duck ‘s back. they've got this peculiar idea. do you really think donald trump is going to give us a nice beneficial deal? thanks in now. all of this will

the chinese chamber of commerce says lee opened a pathway for business and tourism to asian countries. >> firefighters say they are starting to make some progress on the deadly fire near the oregon border. the fire has killed one person. it's burned over 35,000 acres. and also wiped out dozens of buildings including houses in sisque county. containment is at 30%, but calfire says with the current conditions, crews are up against it. >> so they have a lot of challenges. some erratic winds and the fuels are very ripe to burn. very dry down in the lower elevations. >> meanwhile, the county fire in napa and yolo counties is the largest wildfire in california. it's burned more than 90,000 acres. while firefighters are optimistic they'll have it fully contained by thursday, containment now at 73%, there are still some mandatory evacuations for yolo county and about 100 buildings remain threatened by the flames. >> you're never more than seven minutes away from my forecast. so let's talk a little more about the temperatures. 60 if you're coming through the ferry building. a little more cooln

they say they're in the crossfire of a dispute between the santa clara city council and its chamber of commerce. abc 7 news reporter david louie is live in santa clara with the story tonight. david? >> reporter: well, dan, the santa clara convention and visitors bureau gets paid $1.5 million a year to help fill exhibit halls, ballrooms and hotel rooms. but the staff of 14 is facing unemployment because the city has plans to replace them. thousands of people attend conferences, exhibits and conventions weekly at santa clara's convention center. the hotels built around it have nearly 4,000 rooms. but these facilities don't get rented on their own. that's the job of the santa clara convention and visitors bureau. but at the end of next month, that organization won't exist. a staff of 14 will be out of work. >> it's devastating. especially when you have 14 people who didn't do anything wrong, who did nothing but support the city of santa clara, talk about the city lovingly and caringly for many, many years. >> reporter: the city council in santa clara decided just over two weeks ago not to renew a

that is the san francisco chamber of commerce. respectfully encourage the commission to approve the project so the public may soon realize the benefits. thank you very much. >> thank you. >> good morning. i'm here as the associate director of communications for the exploratory and. i'm here to indicate strong support of the embarkation project that would be our close neighbor and part of the community and businesses along the embarcadero. we appreciate the diligence that has gone into the review process and we believe the port has addressed the appropriate elements so far. we appreciate continued activation of the waterfront and feel the project would work towards establishing the embarcadero as premier visitor destination in san francisco. we hope to see the embarcadero community continue to grow with appropriate and well considered projects such as alcatraz, and for this reason we felt it was important to be here in person to issue our support for the project. thank you. >> thank you. >> good morning commissioners and port staff

chamber of commerce, this runs an hour and 15 minutes. >> ladies and gentlemen, now taking the stage, tom donahue, president and ceo of the u.s. chamber of commerce. mr. donahue: good morning, ladies and gentlemen. [applause] mr. donahue: do not do that. you have not heard what i have had to say it. it is a my -- it is my players are -- pleasure to welcome you today. we have extraordinary speakers. we are brought together leaders from business, government, and others to discuss issues of importance to all of us. america's engagement in one of the most significant regions of the world. we are looking forward to hearing directly from top administration officials about their vision of the region, and there will be opportunities to ask questions and network. the forum today symbolizes increasingly important role that india and the subcontinent plays in our economic relationship with asia. the goodwill that has been established between the administration and the business community on these type of activities and our shared desire to seize historic opportunities in the indo-pacific. i don't

chamber of commerce pushing back against the trade policies. 's a very rare thing further of public administrations to face opposition from the chamber of commerce. at the same time there are reports the eu has written to the u.s. commerce department warning of something like 300 billion -- the eu warning of 300 billion impact of trade tensions. the pressure is really being ratcheted up on trump this week and i don't think anyone is comfortable knowing how they will react. vonnie: it is a holiday shortened week. if everything does go ahead as planned. the reciprocal to go into effect, if this scene -- is this priced in or will we see another big shock? the question is with the s&p 500 dipped below the level which for the past week or two has really been a super important level. a little bit below that and you're looking at negative stock market as far as the s&p 500 year to date. important psychological but not just psychological levels, but there is clearly a every orders under 2700 time it dipped below. it made another attempt to go under toda

chamber of commerce, this runs an hour and 15 minutes. >> ladies and gentlemen, now taking the stage, tom donahue, president and ceo of the u.s. chamber of commerce. mr. donahue: good morning, ladies and gentlemen. [applause] mr. donahue: do not do that.

the chamber of commerce says it plans to plans to mount a vigorous campaign. >>> today is opening statementsits against santos. here is abc 7 news, melanie woodrow in san francisco. >> reporter: the plaintiff's on the part opening statement focusing on choice. >> you don't give someone a choice, somebody gets hurt because of that or god forbids somebody gets cancer then i personally believe and i think you are as well that you should be responsible for the consequences about that. >> duane legion son works for the benicia school district. a large part of johnson's job is to spray up to two gallons a time. later he's diagnosed with non hodgkin's lymphoma. >> the product do not cause cancer. >>. >> johnson called twice is it i possible that round up cause cancer. >> beings to mr. johnson are license >> reporter: this is a setting case as the attorney from mr. johnson have said they have hundreds, if not thousands of clients who have developed non-hodgkin's lymphoma to exposure of round up. >> abc 7 news. >>> a coach just picked up a big position, how does the champion word and i recently had h

of the greater hall chamber of commerce who received the georgia chamber of commerce executive legacy award. the georgia association of chamber of commerce executive legacy award is the highest honor, recognizing executives who dedicated many years to successfully improving their local chambers of commerce. kit has served as the greater hall top official for over 20 years. her ambition and compassion for others has allowed her to excel. she has transformed the greater hall chamber by bringing together a well-connected economic team. this has increased job availability and job attention. kit has managed hallmark campaign and the vision 2030 which helped fund community-based education and programs. i want to congratulate my friend, kit dunlap, on this award and thank her for her service. mr. speaker, kit's -- as kit is represented, i must end this speech by answering the question she asks. what is the water level of lake lanier? it's 1071.89. with that i yield back. the speaker pro tempore: the chair recognizes the gentleman from illinois, mr. davis, for five minutes. mr. davis: thank y

the chamber of commerce says they need more specifics regarding where the influx of money would go. >> what we need to do is figure out what the it is what we want to fund before we come up with the funding mechanism. >> reporter: apple's vice president wrote a letter to the city council saying apple already does a lot for cupertino, giving the city $70 million for public benefits, and has helped improve sidewalks and crosswalks. mountain view voted to put a similar tax on their ballot this coming november, and others are considering doing the same thing. jackie ward, kpix 5. >>> the economy was on fire in the second quarter. according to the government, it was the strongest quarter in nearly four years. will it last? jill schlesinger is joining us to help us answer that question. start with what's behind the strong quarter. >> reporter: that catalyst for the 4.1 percent growth rate is a combination of factors including a jump in exports, foreign buyers snapping up u.s. goods like soybeans before the tariffs went into effect. and the republican tax cuts propelled improvements and even

the us chamber of commerce, the biggest group in the us has found that these trade ta riffs us has foundthese trade tariffs are offsetting the tax cut with congress approved at the end of last year. when donald trump was coming into office you will remember that everybody thought that the tax cuts would be a boon for global growth. we have hardly seen the beginning of trade tariffs and they are already chipping away at tax cuts so it is quite worrying. similarly linked is the front page of the financial times. general motors, chrysler, they are already feeling the impact of the potential of this trade war, even as it seems to have been de— escalator. of this trade war, even as it seems to have been de- escalator. in this reiterates how detrimental powerade ta riffs reiterates how detrimental powerade tariffs are. you have general motors, daimlerchrysler, you have foord, you have harley—davidson. these companies are all already seeing the profits chipped away. the share price has fallen and gm had its steepest fall in seven years, even before the trade tariffs have been imposed. it is onl

the cupertino chamber of commerce is also asking for more specifics on which exact projects this would help fund. other cities are considering similar proposals, and mountain view voters will have the issue on their ballot this november. >>> uber's experiment with self- driving trucks is over. the ride hailing giant is shutting down the autonomous big rig project. uber says it will instead focus research on self-driving cars. no layoffs are expected and employees will be reassigned. jaclyn? >>> that's scary to me. even the cars scare me. >> they can do quite a bit of damage. right now we are tracking a lot of brake lights on the roadways and a lot of crashes. begin in the south bay. this is northbound 87 just as you're approaching 101. a couple cars got into it there, not blocking any lanes but you can see the speeds down below 5 miles an hour approaching 101. further north on 101, this is at seaport boulevard, a crash involving a car into a tree. this is an injury crash and there are flashing lights there. traffic is being diverted to woodside. you can't get on that ramp there. so if

chamber of commerce announcing a new policy. the group says the president's policies are increasing the chances of a global trade war. eamon javers asked sarah huckabee sanders at the campaign yesterday. here's how she responded >> the president is focused on he willing protect american workers and american industries and create a fair playing feed that's what he wants to do and is hope ting to achieve and we'e confident he will. >> joining us now is john murphy good to have you here. tell us about this campaign. why are you doing it and how are you doing it you going to roll out commercials in key states? what does it mean? >> well, we think trade works for the american economy and tariffs don't. there is as a consequence of the r tariffs that the united states is putting in place, a wave retaliation comes against the american exports about $75 billion worth are going to be facing these this week canada acted on sunday on the 5th and 6th, we'll see mexico and china respond we believe this is going to deal a real set back to the

chamber of commerce in china was that further escalation would have devastating effect as it's calling for talks to avoid a full blown trade tool. let's bring in a fan here gonzalez it is that captive director of the international trade center the joint development agency of the united nations and the world trade organization geneva thank you very much for joining us on the program now the latest that we've heard from china is that this move from the united states represents the overtures to the biggest trade war in history is that rhetoric or fact in your opinion. well i think we are facing the largest trade conflict since the second world war but more importantly is that this conflict is already having an impact on the ground it's already affecting workers that are being laid off as a result of decisions especially in america to move out of the country and produce elsewhere given that their eaves is having an impact on businesses that are not making capital investment decisions because of the uncertainty of the situation but let's not forget our taxes taxes that the consumer will hav

i'm with the san francisco chamber of commerce. i want to thank the supervisors for their work to get this legislation right. the chamber of commerce just commerce has historically supported these agreements in san francisco on the major projects. we believe the boston harbor decision makes a lot of sense when you need to deliver major projects on time and on budget. however, this proposal will conflict with other important city priorities, and that is financial and contracting leg apps to many local minority and women owned businesses. as the controller stated in his report, the p.l.a. should be designed to not conflict with any existing city ordinances such as preferences for local business, and resident workers. we urge you to make amendments to carve out l.b.e.'s ad women in minority owned businesses and we urge you to listen to the department and the contract staff that you have to ensure that this does not -- >> thank you. [applause] >> i'm the president of .-ellipsis i believe it should increase the number, the threshold to 2

is director of foreign trade policy and economic development at the association of german chambers of commerce and industry to explain to us what is going on behind the scenes this is very exciting we've only got hours left leaders a scrambling and suddenly the us ambassador holds a secret meeting in berlin with auto executives well first of all it's good they were talking about reducing terrorists not about raising tariffs any more and that's what they were talking about the issues that are ongoing right now in the war trait but the. german automobile manufacturers and the best they can do to see you can unit who's doing the trade policy and of course they have to reduce the always tariffs so we've already got merkel saying this sounds like a good idea but she's talking about from the quotes i've seen cutting tariffs not slashing them all together why not bring it all back to zero where it was a long time ago when of course the industry wants no a tell us we want less trade barriers of course because it means higher costs for the companies not just lower tariffs no tariffs absolutely i mean z

city council and hollywood chamber of commerce. ave brandt, kpix 5. >>> new video of a bicyclist and his painful run-in with police. take a look. >> you mother --. >> this happened earlier this weekend. the bicyclist was at a stop sign when an officer took a sharp turn and hit him head on. the rider got the whole thing on his camera. the officer admitted he was looking at his phone instead of the road. >> why are you texting? >> i was not texting. was looking at my phone. >> either way. >> i know. my dad. -- bad. >> did he write himself a ticket? probably not. the bicyclist had bruises and scrapes, but is okay. >>> and the braves, -- you could call them hot drinks. the radioactive fallout. wire scientists giving them glowing reviews? >>> it is time to start warming up for the san francisco marathon. >>> the usual, being served up tonight, as you see the fog floating over the city. the forecast is coming up. that is right after the break. maybe you could save energy by weaving your own shoes... out of flax. or simply adjust your ther

american chamber of commerce in china chairman william zarit, thank you.avid: still ahead, the italian prime minister just arrived at the white house. have livewill coverage as the president in the prime minister hold a joint news conference at 2:00 this afternoon. this is bloomberg. ♪ david: amd is the stock of the hour. the company hitting highs we've not seen since january of 2007. chandra isra -- emma here to explain why. to $25 from $21. shares are currently trading around $22. you can see amd has 13 buys, 13 holds, and five cells. -- and five sells. it has been rising for the past three days. it got a boost last week when intel reported earnings and said again.uld delay once it was thought amd had a little space to move in and take some room. amd is now the best-performing stock on the s&p 500 to date. it has gone ahead of netflix and tripadvisor. shery: definitely at odds with what is happening in the tech sector. emma: very different to what is happening in the tech center -- the tech sector. we have an analyst saying the nasdaq is tired. we have s

listen to what the mills, the head of the singaporean chamber of commerce, said about this.tainty level is so high. —— gowda. it is difficult to put it will happen and it is difficult for anybody to plan. —— victor mills. that is why people are watchful and wary. they are not happy about it. that is for sure. we have this much uncertainty, you cannot plan and you are watchful and wary. what does that mean for business? this is very unsure andi that mean for business? this is very unsure and i think that is what every one is really worried about, sharanjit leyl. thank you very much for that, karishma vaswani reporting from the port of singapore. so what they could this have on currencies? since the trouble began in march, at the greenback has risen by about 4% compare to most other currencies. in just during the chinese yuan has got more than 3% across the us dollar. look at how currencies are trading at the moment. you can see the levels here. i am joined now by the global head of currency strategy research here in the studio. we do all of this is having an impact on trade a

chamber of commerce in china warns that further escalation would have devastating effects it's calling for urgent talks to avoid a full blown trade war. and for more let's bring in a business anchor helena humphrey who is joining us here in the studio with more on this breaking news so we have these reports now that china is hitting back where are we in this global trade dispute bring us up to date all this week we've been talking about the fact that washington is set to impose these terrorists who've been waiting for that moment then yesterday midnight washington time the u.s. went and did what it said it was going to do and impose these tariffs on thirty four billion dollars worth of chinese imports now beijing had promised to hit right back we now have confirmation that the chinese government has gone ahead and done that it hit back with twenty five percent tariffs on over five hundred u.s. products to the channel thirty four billion dollars as well so right now we measure for measure we're level pegging at the moment in this trade dispute now china has said that this is the overtur

the chamber of commerce, the longtime backer of republican policy, denouncing the tariffs.s host of politico's money podcast. when have we ever seen this, ben, when a president, a republican president, basically declaring war on some major u.s. companies? >> you have to go back a long way. i talked to historians for that article, republican presidencies. they couldn't come up with examples where you have groups like the chamber of commerce, business roundtable, gm, harley davidson, all saying look, we don't want these tariffs, particularly automotive industry. trump's talking about tariffs on all imported cars. nobody in the automotive industry in the united states wants that. because the supply chains are completely global now. they get parts from abroad, assemble the cars here, sell them abroad. so you get farmers who are worried about soybean exports to china. there's just not a lot inside corporate america who want to see this. >> or inside his base. you've got a situation where you have 40 countries according to reuters at least who are objecting to these tariffs. i me

i worked with the california growers association and the chamber of commerce to create rates that this industry could get behind and support. the rates as proposed when you look at the rest of california are, in fact, reasonable for a cannibas tax. but not reasonable from a tax of any other industry. so the rates that we propose up here on the overhead, have no tax for 2019-2020 and then phase-in for retail and non-retail. i point out that retail will pay double the tax of non-retail in our proposal here. because on retail they have a lot more hurdles than us. so consider the amendments that we've requested, consider the special committee hearing, and thank you to everyone for their very hard work on this very important matter. and if anybody is interested in learning more about the retailer alliance, alliance our website. >> chair cohen: thank you. next speaker. >> hello, my name is brandon brown, the treasurer of the sfcra, and i appreciate the board allowing us to speak on this issue. i don't want to sound like a broken record but i want to just remind the board that the reason that

. >>> the chamber of commerce today said that bailing out all of the industries because of the administration's tariffs could cost $39 billion. the chamber has been a vocal opponent of tariffs that have been placed on a host of goods, including those from china as ell as steel and aluminum imports. >> the ceo of jpmorgan chase saidhat trades a big risk to the u.s. economy. during an interview, jimie said he hopes the president's strategy works, but he's concerned the approach cld derail some of the economic growth we've been seeing. >>> i think there's been reta wation, i think if do it, there will be another predictable round of retaliation. it wl eventually slow down the gdp. we want him to deal with the important subjects. >> he mentioned the yun winding of the fed's stimulus as another potential risk to economic growth. >>> it's time to take a look at some oftoday's upgrades and downgrades. at&t was upgraded to buy from neutral. the analyst cites the acquisitiorn of time as well as better than expected wireless business trends. thesrice target 37, the stock rose nearly2%. the bryce target w

but the u-s chamber of commerce says it's worried it may be too late... chamber is blasting president trump's trade policies...writing quote: "tariffs that beget tariffs that beget more tariffs only lead to a trade war that will cost american jobs and economic growth." the chamber is eager to show us how we'll be impacted by tariffs.on its website...the chamber created this map.it shows all 50 states...and with a click, you can see the cost to businesses in your own backyard.for example...the chamber says...in iowa...corn growers will lose customers in a trade war.in texas...its cotton farmers on the line. nat: "it looks like things are going to get worse, before they get better"jeffrey schott is an economist with the peterson institute. he says there's no sign the white house is backing down on tariffs ....even as groups like the chamber complain. "the president has been basically stubborn, on his policy...everytime there's been a reaction, he's doubled down"but the president's top trade advisor peter navarro says the administration has one simple demand

and would not go for a trade expert at the german chambers of industry and commerce thank you so much thank you. and watching d.w. news like a crumb of the lens will be back with the latest at the top of the hour see you then. austria's fortifying cornish. police and soldiers are practicing how to repel migrants. but some locals find the drills totally inappropriate so. it's fear mongering really feeling that's because very few migrants are now crossing into the alpine republic. next d.w. . surely in a constant monastic island of the nation. it was once an important religious center until the monks left the island. their legacy was preserved and now they're feeling it was nice to get. the benedictines have returned. the monks a legacy. in sixty minutes. or. before brown really love hitler. or did she love the life he provided for her. she was the dictator's mistress. only an insignificant concert at his side. pursuing her own visions. as other woman got some close to. life and death with. starts july twenty first on d w. hello and welcome to focus on europe how to deal with refugees a

intermediary helping people do business in north korea we've got a lot more interest from chambers of commerce from investment groups to look at the situation and to introduce people there's also a lot of interest on the north korean side we're receiving faxes and mails the north koreans are looking for new business partners here as well so the mood is very optimistic right now right across from his apartment is a new luxury development despite its prime location when we visited it last year property sales weren't booming now most of the apartments have apparently been sold for twice as much as the original asking price property prices have gone up and down as the korean peninsula has veered between the prospects of war and peace and right now prices are surging so much so the local government has imposed restrictions to try to cool the markets. commercial property sales are also booming eighty percent of units have already been sold in this new development that could be home to traders from both sides of the border if sanctions are lifted from . is in the best position to become a trade hub f