commerce which reports directly to me. rather than being fragmented and rather than being buried in different parts of the department we are pulling it all together. that, in and of itself, will make it more functional, less bureaucratic than it had been. in terms of specific things that we can do the ita has the statutory duty, as does the office of space commerce , too promote in assist this burgeoning space industry. the national institute for standards and technology has a proven record in developing standards and having them adopted throughout global economies will be very very involved. in tia which manages space communications will also play a very important role in it. noah, already oversees the largest operational space force in the private, civil sector. both are the experiences that we already have notwithstanding, we continue to engage with our partners at the department of transportation in a variety of issues and we will be working quite intensely with nasa on one hand and dod on the other hand we already are

so secretary of commerce to very clearly articulated have the capability to say they want commerce to leave that activity that is a great idea. i voted on the american free enterprise act to support in the subcommittee on the other side of the aisle. the key is it needs to be done and commerce is a good place to do it. >> thank you do you have any comments mr. ross? >> a couple of things. commerce already and 90 faith industry is. by statute we are obliged to foster growth in the face commerce industry through the office of faith commerce and second we might remote sensing activities that commercial remote sensing regulatory affairs office. third, we manage federal spectrum through the national tele- commission information administration. fourth,io we manage data collection and distribution through noaa. fifth, we enforce the export administration regulations as they were -- apply to spaceat objects through the bureau of industry and security. number six tost promote the industry abroad through the international trade station. and finally, once the payload is separated it is usually a

the authority of commerce to promote commerce. now, you have to decide for this space traffic management, where is the best place to put the authority. the administration inside the department of commerce is the best place to put that. but that doesn't mean the faa still has a role. the department of defense still has a role. nasa has a role. we're all going to have roles as we go through. but we have to align -- because if you don't, we'll keep doing it. >> i appreciate that. i would suggest maybe a little more clarity and with secretary ross those what those themes are and the role of the faa so we don't end up losing something there i think would be critically important. i appreciate your answers and i yield back, mr. chair. >> thank you, now recognize mr. buyer for five minutes. >> thank you. gentleman, thank you so much for being with us all morning. mr. bridenstine, i'm very impressed with the many things nasa is doing in the space. the new space prints, radar. the nasa orbital debris engineering model that pre tickets what

commerce. i will be happy to respond to any questions you may have. thank you. >> thank you mr. secretary and thank you to all of the witnesses for being here. thank you for what you do for our country. i have my first set of questions. general john hyten, i recognize policy by want to make sure i am clear on this. i think you said in your opening statement, given that space is clearly recognized as a war fighting domain, are you saying that you don't believe these unique dod ssa requirements can only be met by the military. you believe they can be met effectively by nonmilitary efforts. >> i really need to be specific on that because we have to do the space situational awareness mission inside the department of defense for what we have to do with national security space. that will continue. >> that will not change for as far as i can see in the future. we have to know that information in order to defend ourselves against potential that's. that's why we started doing this in the cold war days t

how does commerce ensure that commerce intent is achieved? >> right. well, among the data that we have requested from the newspaper industry, which, frankly, has yesterdt to be forthcoming is how much per page for each of their publications does this mean. and the only ones we've gotten data for have been provided by the petitioner. and his figures show that it's a very trivial thing, both for major newspapers such as wall street journal and for small newspapers such as the one in the pacific northwest where he operates. so we have been seeking from the industry and some of the members of congress have been helpful in going back to their newspaper constituents and asking. please tell us who things -- three things. how many pages do you print a day? how much per page is the extra cost? and how does that compare to the price of the paper? then we could really put in perspective and judge the extent to which it's compelling argument. so we are quite open to receiving that information. i have no idea what it will show. but we're desperately seeking input.

guru: the battlefield has become e-commerce.oing back to how walmart dropped the word stores from their name and now it is walmart, not walmart stores inc.. the battlefront has become e-commerce. it is being won through technology. walmart is going through a pretty massive dna change. they are going through -- they are acquiring companies like jet.com, and they are putting foundations for how to fight with companies like amazon in the future through a dna change which will look very messy over the next decade or so. that is the way they will go to the battlefront. amazon is coming from a traditional angle of going with technologies and consumer flows. they don't have to do a dna change. that is their dna to get that on the heels of technology. emily: amazon waging a war on prices across the board. can walmart keep up? guru: it will be hard for walmart to keep appeared walmart -- to keep up with that. walmart will have to shed a lot of money like they did $14 billion is a lot. and think about the price reduction. amazon hitting 1

commerce department made a deal with zte. i was struck by the fact that during all of this, the trump administration had a nominee, an importantad counter intelligence post. this is an open hearing in the intelligence committee. we do not have very many. i asked him if he thought zte was an espionage threat? been a part -- a bipartisan report on this in the past and he said yes. the commerce department has not entered into a deal with zte. theuestion is, does commerce department believe that the espionage threat that the counter intelligence nominee was concerned about -- does the department believe the espionage threat has gone away? sec. ross: i think it is a little more complicated question and a complicated answer. when the only powers that commerce has relate to enforcement of export controls, provisions byhose breaking the sanctions both to north korea and to iran. 2017, wehy in early force them into a settlement agreement that was approved in court. that agreement provided for them to pay between escrows and billion, a

chamber of commerce, not the commerce department at all, the chamber of commerce has this estimate that some say is a worst case scenario. if these trade actions all go through, these are the kind of jobs would be loss, if nafta collapsed, 1.8 million, 470,000 from metal tariffs, and 157,000 from auto tariffs. we have a huge manufacturing base in this country that imports these metals so that higher prices will be passed on to american consumers. >> don't go anywhere. a lot of economic news this morning. the president, brianna, tweeting about this. >> it seemed like the question is did the president break protocol? >> this morning he appears to have done so once again,

we are trying to take away all the work from e-commerce shopping. is not just walmart and jet.com products you will buy for people. you might want to order something from pottery barn and you will fill that too. will you first fulfill the walmart and jet orders to drive traffic to your own compan ies? jenny: the goal is to give the customer the best fit product recommendations. we will truly serve up whatever that story and vendor is the best fit recommendation, so that may be that it it an amazo walmart -- it is a product, but it could be from sephora. we can build that trusted relationship with them. we are trying to get smarter so walmart can understand brands and products they might not carry but that a consumer might need and want as well, so maybe over time, they add products to their inventory as well. emily: how are people using it so far? how are they using it? jenny: the are in new york city for our customers, invite only, scaling our business following our shift three weeks ago, trying to uphold a premium experience. it is striking that b

again, it's the objective of the commerce clause. the arguments the united states made is that there is no constitutional minimum if the court overturns quill. that any single sale would obligate a company to then comply with particulars of that jurisdiction's tax. that would really mean you would have most smaller merchants say that's not a function that we can assume. >> that's really something that congress fixed because it's the whole picture. congress doesn't want to look like it's increasing taxes. but fixing something like that would not encounter the same hurdle. >> the absence of any incentive of the state to seek a congressional resolution in the event that quill was overruled i think is a major impediment to the notion that congress would come in and fix the problem. and as justice pointed out, what happens in the interim? what happens in the one or two or three year period before congress acts and companies are confronted with this dilemma of collection? the notion of a chaotic period preceding congress coming in to addre

e-commerce. real time inventory. virtual changing rooms.why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. granted over a 15 month license to operate in london after some changes. it came tuesday after 1.5 days of argument in which lawyers insisted that they had completely overhauled its culture, passenger safety policies, and reset their relationship with the regulator. bloomberg, up with the details. they have got 15 months to keep making good on the products they said they would. crimeng better, reporting , and other changes that they say, now, we are happy. so there is a. whether we'll keep going, and then reapply for another license in a few months. hopefully they can get that without going to court. you did some fantastic reporting by getting into a lot of them. generally, the consensus was the drivers certainly like the product.

-- games or e-commerce.ide for all of this. i am curious if you could share more about your shared history. what has it been like to be on the front lines of tencent's growth? bob: it has been a fantastic ride. it is probably the company run by the most incredible leadership team in the world. and i think but they have been structurally well is the care about their customers. they start with the customers. they start with technology. and they have been basically taking a view on what is the best possible product we can offer? and that is very much what we do as well in our other investments. we find these entrepreneurs with an extreme product and customer focus, and we back them, and tencent is the best example of doing that. that's fundamentally what we do. stake in tencent is now worth more than naspers overall, and your performances largely nearing tencent. what is your strategy to close that gap? bob: we are, of course, a company that is quite diversified. so, you would expect a certain discount to be fo

commerce also received more to 2,300 objections exclusion requests. review of exclusion requests and related objections is being nducted as it must be on a case-by-case basis, but we have made some major progress in reforming and improving the process. i'll describe a couple now. first of all, we'll be accelerating the processing of exclusion requests by immediately granting those which are correctly submitted and for which no objections have been received during the public comment period. commerce is making an unprecedented effort to process the requests expeditiously. we also are developing a list of downstream products that have been hurt by imports since the tariffs have been imposed and we are incorporating as many of these as are logical to the list that we are recommending for inclusion in $200 tariff listing of billion that will be released shortly. we've already found some 50 products that will be included in that list. the public comment period on the interim final rule for these decisions ended on may 18, and we're reviewing the comments re

e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. . >> dollar bulls are very happy at the moment. if you look at how the dollar is trading against other occurrenceries from the euro to the pound sterling to the mexican peso are down against the greenback. the markets did plunge after the opening bell. then at 10:40 eastern, the dow tanked 400 points as peter navarro then rushed into hold a call with reporters. while there's no progress talks with china, this would be bullish for american businesses. whether that happens and whether that plays out remains to be seen. one guy in the thick of trade deals and disputes, there is no need to panic yet, president obama's former undersecretary of commerce for international trade stephon selig joins us in a fox business exclusive. i

commerce secretary wilbur ross says the u.s. will impose penalty tariffs on imported steel an element in products from the european union will come into effect on friday along with tariffs against canada and mexico now steel will face a twenty five percent tariff on the minion ten percent after hard negotiations at the o.e.c.d. conference in paris e.u. negotiate is unable to get the u.s. to reverse its position the e.u. has already put together a list of u.s. products which will now also face retaliates we import tariffs they range from agricultural projects to famous motorcycles or business ties across the atlantic are now at a new low but u.s. commerce secretary will ross makes it sound like european leaders are just blowing the whole situation out of proportion take a listen the turf war for auction of one. own product the beer soft drink and in the soup because it's all a fraction of a pony each of those germs are going automobile it's also a fraction of one. for the economy overall it's a very small fraction of one remember

>> my piece of legislation when i was chairman of energy and commerce was 21st century. expedited approval of drugs and devices and included a 45 billion-dollar increase over a 10 year span working with the appropriations committee for the nih. we included $2 billion for opioids in the first two years. we are going to see more money per by the appropriations committee but we have some other things. we pass legislation and all these days run into each other but i think it was tuesday we pass legislation that i pushed very hard with debbiet dingelly democratic colleague and friend from michigan and allows more working relationships between the nih and the private sector. it actually develops non-addict if pain killing drugs. that's is an approach that we have taken we passed on a voice vote. let's go that's the advanced cutting-edge research at? >> guest: that's right. their 50 some bills that we are doing in is going to get to the president. >> host: what does that mean? when will the non-addictive pain medication become the rule is supposed to thehe exception? >> guest:

at the same time we see increasing e-commerce, booming e-commerce all over. unfortunately, what we see is also that the increase in e-commerce has not been able to make up for the letter business. -- losses in the letter business. there are several reasons for this. on the one hand, parcel delivery is still growing from a low level compared to letter services and also there's fierce competition in the segment and thereby also low profit margins. another challenge that we already touched upon is the fact that we have a huge inflow to europe on these low value e-commerce shipments, low value low-wage shipments from sellers in asia which often send letter mail and are subject to the upu terminal use. this means the conversation received by the european postal operators with less mail delivery is often lower than the price of these operators would have charged for comparable domestic services and sometimes even below the cost of delivering the service itself. this means in turn that each of these small packets further contributes the financial challenges faced in

and the commerce department, which oversees the census, recently released more than00 pages of documents about its decision to include the citizenship question. n.p.r. reporter hansi lo wang has been examining those documents, and joins us now. sreenivasan: now, what did you learn? >> we learned that there was an internal memo put out by the census bureau for that he looked over before he made any decision and in this memo, census bureau officials warned that adding a citizenship question be costly. they estimated that it coulcr se the cost of the 2020 census by at leas$2t 5 million, the concern here ishat noncitizens seeinthis question is appearing on the census form for the first time for all households, since 1950, and also inhis curre climate of increased immigration enforcement and anti-immigrant rhetoric on the trump administration that all of this would really disco noncitizens from participating and so therefore, where money would be neede d from tcensus bureau to make sure that every person is counted in the country it is a census requires. >> sreenivasan: besides the cost, this

i run an e-commerce company. half of our business is run off a smart phone. the amount of information that is shared with us, as the seller in a marketplace, is extraordinary. this is the second time this week we've seen news about this particular issue of privacy on cell phones. at&t, verizon and, i think, almost all the carriers, are shutting down some of these major data aggregators, who were abusing the data they were getting. i'm with the reporting here personally that if i can open an app and turn off the location tracking, i don't understand why it's been so pervasive to allow even the government to do it until they have a warrant i would like to turn that off, too. i'm on the privacy side, too. >> i'm glad you brought up nuts earlier in the week from verizon, at&t and sprint, that they'll no longer share their customer information with third parties. everything we've seen with facebook and other digital companies and big-tech companies in recent months and, of course, the supreme court ruling today, the implication here is that maybe consumers really

mullin on the energy and commerce committee, to mr. blumenauer, for introducing this legislation that is of utmost importance. i urge strong support for the bill and i will reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from new jersey is recognized. mr. pallone: thank you, mr. speaker. i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. pallone: mr. speaker, i rise in opposition to h.r. 6082, the overdose prevention and patient safety act. this legislation would greatly harm our efforts to combat the opioid epidemic. if we really want to turn the tide on this crisis, we must find ways to get more people into treatment for opioid use disorder. in 2016 there were about 21 million americans age 12 or older in need of substance use disorder treatment, but only four million of those 12 million actually received treatment. that means 17 million people are going without the treatment they need. and failure to get individua

the line between e-commerce and brick-and-mortar commerce are going to fade. >> what steps are you takingoday to position>> what steps g today to position yourself for what you see in the future? we are one of the leaders in e-commerce grocery. our online shares are higher than off-line shares. we do most of our business through other retailers, so making sure we have strong partnerships with those retailers. >> when i think about challenges, i have to ask about trade policy. we have not been affected by president trump's trade policies. we have a little bit of aluminum in soup cans and yogurt, but not much at all. >> do you think it might, we have not seen the end of it. >> for me it is hard to speak about what will be. what we have seen so far has not had an impact. impact of overseas has been with brexit. the u.k. becomes more expensive when the pound it devalues. >> finally, the commodity price cycle. commodity prices have on a relative basis and depressed over the last several years. the worry that they are going to increase. >> we have seen increases. we think they will be about fiv

a half a billion investment in jd.com means for the e-commerce lengthen. trump administration's actions against china could cost the u.s. semiconductor industry. a cold war is brewing in space. and president trump just upped the ante. atails for his decision for six branch of the u.s. military. our top story. google made a big play in the race for a slice of the global e-commerce pie. this time by dropping half $1 billion in cash into the chinese retailer, jd.com. explore ideas through the united states and europe. as google prepares for long-term defense strategy. the move also offers google the ability to partner with a company that is had has its own religious did network just like amazon. this comes a week after google entered into a deal with a french retail giant. here to tell us more, we have got mark bergen who covers all things alphabet. and the senior fellow at the asia society. how does this fit into the broader e-commerce strategy? >> google is making a ship. they had their own shopping service called google express. the new strategy has been t

at the energy and commerce committee, we've spent the last year and a half working on legislation and working on the investigations. you all are familiar with that . the culmination of our work has been brought to the floor this week. the first of 57 pieces of legislation out of our committee alone. they are all bipartisan or unanimous. just this past january, amanda, whose picture i have here today, was seeking relief from pain surrounding her mental illness. tragically, she ended up dying from a fentanyl overdose. her father came before our committee and bravely shared his family's story. he hoped their loss would help spur congress to modernize federal laws. sadly, amanda's story, as you'll hear today, is not unique. all of us know someone directly or indirectly affected by this crisis. truly it is the crisis next door. my colleagues here today each have similar stories from their districts. we will have them speak about those. it's for the people in these photos that we rallied around bipartisan legislation. it's for their families, for their friends, for the future of our country

from 1997 to 2001, he was under secretary of commerce for economic affairs. it was also legislative director of economic counsel for former senator moynihan of new york. his degrees are from harvard, the school of economics and university of chicago. nice to see you. >> a pleasure to be here. i did not realize it was 26 years. it is a little frightening! that is older than some of the people here. let me begin by saying how much i respect the u.s. postal service for the public benefits it provides through universal mail delivery as it has out our history. lori rectanus suggested some people may not think we should continue that. i absolutely believe in universal delivery in such a large and diverse country and at the same rates for people who live in hard-to-reach places and so on. the postal service is business model however, has changed in recent years. today it is the leading practitioner of what economists like me, call monopoly cross subsidization. it is an enterprise that dominates one market and leverages some of the resources derived from that dominan

good starting on friday we talk of the general manager of the american chamber of commerce. german chancellor angela merkel is facing new anger from her conservative coalition partners this after she hammered out a proposal with french president emmanuel mccall which would see greater financial integration in the euro zone according to the deal the e.u. would set up a euro zone budget to boost investment in the bloc and marco also agreed to plans to turn the european stability mechanism into a monetary fund to help isolate the euro from future crisis however merkel warned that moves toward greater integration can only occur when banks have reduced risk in the financial sector so this is what they were talking about and i would like to discuss this now with our european union correspondent the isil which joins us in brussels and our financial market correspondent who joins us in frankfurt hello to both of you so bob what i'd like to start with you is this is the kind of reform the eurozone needs and will the other seventeen euro zone members agree to that. it is probably moni

and we're waiting on commerce in fact fox business learned yesterday that commerce could put out a list of companies that have been granted waivers and already as i understand it, there are three oil companies and we could put those up there, but among them you have hess, cinder morgan, a company called pipeline plains and they are all applying and asking for a waiver from this. do you expect that exxon-mobile has already applied for a waiver from the chinese tariffs? >> well even though i'm a former exxon executive i don't have that inside information so i don't know but i do know that china is a large oil market. they need the oil. american goods and materials are the primary supply for doing that oil work in china, so there has to be some agreement and some calming of the waters as we would say in that respect. you see the problem, oil is not just oil. it has so many different characteristics. there's heavier oils, higher viscosity, lower gravities, lower sulfer contents so we need from all of the different locations and china needs this supply, because so much of their pollution pro

frank's part to larry president of the american chamber of commerce here in germany thank you for having me. meanwhile china is trying to negotiate its way out of the threat of higher terrorist for a wide range of products holding out the threat of counter tariffs on products from the united states including soybeans but american farmers say their business with china is simply too big to fail so the comes out of the the sea and puts on the lateral. roots first fred davis is proud of the soybeans he crows on his farm in ohio it's been a good business a high demand has made so i've been small profitable then other crops so the soybean is raised for the protein side and then when it's crushed is what they call it when it's manufactured. it has. the. oil that comes out of it which we can use for it mcdonald's for frying french fries or we actually run our tractors on it because we use biodiesel. soybeans corn wheat threats davis manages his farm together with his stepson and like many farmers here he relies on foreign markets for his business china buys roughly sixty percent of all u.s. soyb

chamber of commerce in china. the sponge the u.s. into a global trade conflict with new tariffs on european and chinese goods sparking measures of response threatening the stability of world commerce what is a three way tie or if clinch going to bring to the world economy can the standoff escalate into an all out trade war what can the consequences for all involved. your good care former president of the chamber of commerce in china welcome to our show it's great to have you with us today. thank you thank you all right so first let's start with north korea donald trump and came john couldn't have been shaking hands at a historic meeting in singapore and yes president has sad that it's possible to lift sanctions on north korea while the north korean leader has expressed a strong will to leave all the past behind how realistic is this really happening is still a north korean issue about to be finally solved well as we're sitting here in china in beijing there's a chinese proverb every journey of a thousand kilometers starts with a for

the president and first lady came here that night to give a speech to the chamber of commerce. he was raining and despite the weather, house -- thousands and thousandses of people had gathered. famously said, there are no faint hearts in fort worth and today there's a memorial tribute to him here in general worth square and then he gave the remarks to the chamber of commerce before departing for trip here made a dramatic impression. we're going to come out of downtown and again across the river to the museum district. we're coming up on a site to your right that today is the modern art museum of fort worth. the building designed by the japanese architecture, and one of the interesting things about fort worth is five great museums all located right here. on your right is the kimball, the great masterpiece by allowies cahn, home to the only michelangelo in the americas. is is the museum of modern art. it started is a -- started because amon carts early created a lot of the great artists of the west and when he dialed he said i am going to establish a free museum for all time and

is only 15% of total commerce. if it's going to go to 40 or 50% of commerce they have to increase their logisticsca bility by three or four x. u.p.s. and f ex can'to that. amazon has to find new ways toc inue to grow their logistics capability. >> reporter: in response to amazon's new delivery program u.p.s. said it closely monitors customer and competitor announcements. the postal service said it needs to earn its customers' business every day. amazon is hoping this new program will help it cut costs. for amon'sartners it is both an opportunity and a risk.pp antunity to start a business with amazon's help, but a risk to run a business completely dependent upon one customer. for "nightly business report" i'm courtney reagan at amazon headquarters in seattle, washington. >>> meantime, the economy grew less than initially thought in the first quarter. the grossc domesroduct was down to 2% amidst weakest consumer spending in fe years. economists expect a rebound in she second quarter. >> now bob told you, the federal

on it really you know sort of iraq and then rolled the retailers around it is this you know voice commerce really going to sort of fuel inject that make it even more troubling for the brick and mortar stores you've got to think so although the days that jeff bezos bought whole foods i happened to be going into one and right there at the entrance was a big poster for selling alexa she got there instantly they have the first mover advantage and smart speakers because they're all over the place it's the world's biggest retailer amazon prime is the walled garden they've got a whole foods they're going to use. some of those toys r us stores is depot so we've read from some of the survey data eighty five percent of consumers will select the products that alexa recommends so if you're on magine that that's a huge deal forty five percent of grocery orders replace existing store online purchases so you talk a lot about disruption on the show and what's cool about amazon recently we talked about netflix they lead by disrupting themselves he bought whole foods. you know it's crazy and it sounds sort

e-commerce. real time inventory. virtual changing rooms.why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. ♪ scarlet: i'm scarlet fu. this is "bloomberg etf iq we focus on the risks and reward. ♪ scarlet: italy and emerging markets are giving investors reasons to read -- 2-d risk. we get perspective from the godfather of etf, mr. reggie brown. an aging bull market plus risk off equals seeking protection to the get the lowdown on helping prepare investors for the next downturn including a trend falling strategy.

e-commerce. real time inventory. virtual changing rooms.ly on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. >> trade tensions rattle u.s. stocks. china and europe from its retaliation to president trump's threats. >> tech shares were hardest hit but the nasdaq down more than 2%. the u.s. familiar also weaker. >> officials are downplaying trends to limit chinese tech on national security grounds. >> but some american icons are feeling the pain. harley david son and jack daniels among the losers

in interstate commerce. federal government would regulate the price and as a consequence, people stopped looking for it. because it wasn't economic to find it, unless you could find a well that you could sell in tri-state commerce. within the state. when i ran for congress in 1984, i ran on the platform of repealing what was called the natural gas price act of 1978. where congress had set a price control on interstate natural gas. some cases as low as two cents per 1,000 cubic feet. and gas in the tri-state market, deep gas, was selling as high as $15 for 1,000 cubic feet. big difference between $15 and two cents. and one of my first accomplishments in congress der president george herbert bush, the first president bush, repealed. the lgpa natural gas policy act of 1978 was repealed. and it was my amendment that did that. sounds very -- so i was very proud of that. rock along a few more years. and in 2005 i was chairman of the energy and commerce a mittee and we were doing major energy bill, natural gas poli

making a big retail push, this time into china .cory: -- the investment and what it means for the e-commerce landscape. paris,p manufacturers in how actions against china could cost the u.s. semiconductor industry. and a coal war is brewing in space and president trump just upped the ante. a new branch of the military, the space force. google has made a play in the slice of the e-commerce pie, dropping half $1 billion in cash into a chinese online retailer. the companies plan to explore solutions throughout southeast asia, the u.s. and europe, as google seems to be prepared for a long-term defense strategy against amazon, which is not so quietly encroaching on the digital ad space of google. it offers google the ability to partner with a company that has its own logistics network, like amazon. this comes a week after they entered into a deal with a french income giant to sell groceries online in france. we have mark bergman with us and in new york, isaac stone, senior fellow at the asian for society -- asian society. how does this fit into google? >> years before they had their own shopping

host: you were the former chair of the energy and commerce committee. what are some of the other bills, legislation that will pass? guest: i brought them all. i have 50-some bills here. host: that will have a more immediate impact? guest: they are. it is more education with our physician community, looking at fentanyl more, more tools for law enforcement to identify this. it is a pretty comprehensive list. at the end of the day when we move these appropriation bills, that have now started in the house, we will have more money in 21st century cures in these appropriation bills as we look toward fiscal year 2019 and 2020. the chairman is very interested in this. we have a track record of getting it done. if they do not do the job, we will have amendments to do it for them. host: taking your questions and calls -- republicans, 202-7 48-8001. 202-748-8000. 202-748-8002. ruth, good morning. caller: good morning. i have been watching some of the debates on the floor of the house and senate, and the committee meetings, and i would muchto ask -- how involvement

commerce secretary will arise. he said that the u.s. is willing to negotiate so who's dropping the ball here in europe or the u.s. and i wouldn't i wouldn't say that they'd see no one playing against the ball against each other the other but. it's true there have been a lot of negotiations going on before it's not that nobody was talking to to anybody until the very last minute for example the german economic mr putin my ass now say you commissioner cecilia monstre a lot of people have negotiated and tried everything to prevent this you know from from happening what we see now that june first of the terror some plan of a ceiling aluminum this is not a game this is not a good signal not not good for the trans-atlantic relations not good for the economy so on and i think we have to go shit and talk further what is europe not willing to give the united states that the united states wants right now well from the discussion that i hear at that for example of the d o c department of commerce or the national economic council in washington they