they have really invested in e-commerce. we had a story out last month that walmart will be hiring 2000 people, particularly for technology. this is where they are putting the pedal to the metal to compete with amazon. david: the pieces don't fit together neatly. walmart comes in, they had a pretty good holiday season. michael: a lot of questions raised about those retail sales numbers. we will see what the january numbers show. this is a good news story for this particular company and the niche they are in, selling to people on the lower economic end of the scale. onsaw e-commerce sales drop an overall retail sales number, but way up for walmart. alix: sam's club e-commerce sales were up 12% year-over-year. overall, walmart up 43%. this raises a question in general. how much are you willing to offset your capex in order to grow? what is the tipping point for investors? peggy: that's right. a lot of investors for a long time were looking at short-term numbers. we have seen a big push, especially by ceos in the u.s., to say w

chamber of commerce. i hope you have found today's program as insightful as you had with governors and business leaders with many reasons that the u.s. is the leading destination for direct investment. one message should be abundantly clear, we welcome businesses from all over the world, they have seized opportunities to grow their businesses in the world's most competitive economy while investing in our communities and creating good jobs for american workers. none of this would be possible without the support and engagement of leaders in the public sector there, so we want to make sure we thank all of our speakers and partners of the national government association for joining the chamber here today to promote investment in america. we will continue to work closely with federal state and local governments to advance progrowth policies that will keep our economy competitive. is there any doubt among the investigators in the audience, i am certain our final speaker will leave you convinced that now is the

were in favor of retaining terrorists on chinese goods the president of the american chamber of commerce in china stressed that forty seven percent of the bodies members expect washington to look out for the interests of u.s. business and the world's second largest economy. despite optimistic statements coming out of the white house about progress toward settling the u.s. chinese trade dispute the american chamber of commerce in china has sounded a note of caution a survey in november and december showed that a significant minority of three hundred fourteen companies expected relations to deteriorate nearly half wanted the u.s. to take a harder official line with beijing. so forty seven percent or almost one out of every two responses indicated that they would like the u.s. government to advocate more strongly for a level playing field and that figure is almost twice what it was a year ago so i think that's one indicator you know that our member companies are are both looking to the u.s. government you know for support in that respect and they're also hopeful beep said that at the same t

last year and in the fall the high point was meeting with secretary of commerce ross and. the thing he told us which we then reviewed in had confirmed here in europe is that much of the work done on the team if you remember there were various chapters several dozen of them in fact a lot of those were almost completed in the ideal would be to go back and say let's start picking up individual areas that we're in agreement on and signed contracts on those rights of those would not require approval throughout. you know every european country those could be signed directly by brussels they will have a mandate to do so hopefully next week and i think when you start showing steps that we are moving in the direction that both europe in the us want to go i think that will vary it could very rapidly lead us to get a lot of stuff signed off at the end of the day we know we're not going to have another to tip maybe that was too ambitious last time around but there's a lot of stuff in there that would be very good for the transatlantic relationship and that's what we need to see start

department of commerce one were carrying ports represent a threat to u.s. national security where these reports translate into actions into mental to european exports the european commission would react in a swift and man. the report provoked a backlash from the german car industry even before it was unveiled the german car makers association says its manufacturers employ over one hundred thousand people in the u.s. you know over three hundred factories german car makers are baffled at the idea they were a threat to security and the german chancellor on saturday it made it clear she stands behind them. and you know it does appear to be all these cars are being built in the united states of america the biggest b.m.w. factory is not in a very a it's in south carolina and now if these cars because they're being built in south carolina are just as frightening as those cars that are built in bavaria and they are suddenly a threat to the national security of the usa that shocks us. i mean because and that just makes sense that. trump has ninety days to decide whe

how quickly they adapt will determine how fast the e—commerce industry grows. being locked in a trade war at the start of the programme, but meanwhile one of the biggest trade deals betweenjapan and the european union actually comes into effect today. and our business reporter mariko oi is all across it. that's right, we keep talking about the trade war between the us and china, but this deal is massive as well, it covers nearly one third of the world's gdp and 600 million people. so, what do they trade? as you can imagine, one of the biggest eu exports to japan is dairy products, while cars are one of japan's biggest exports, and when they signed the deal back injuly, they signed the deal back injuly, the eu commission had jean—claude juncker said the deal is a win—win. he said... of course he is referring to the us and president trump's america first policy. but of course the biggest headline i have seen is how european wines will be cheaper injapan by some 15%, so what a great way to end the week. indeed, iam indeed, i am sure they will be toasting it injapa

commerce department is set to meet a sunday deadline to deliver its recommendations to u.s. president on a tramp on whether imported vehicles and parts pose a national security risk and to outline options on how to address the issue now it could be a major blow of course for the european car industry which has been hoping to avoid the twenty five percent terrorist threatened by trump and us president will then have ninety days to consider whether or not to move ahead with important duties can import duties for european cars high put you know that's not good news but. why on earth are european cars posing a threat to national security. well of course they aren't simply it's obvious that they aren't i want to make a couple more points however this is a report from the commerce department the commerce department is run by wilbur mills i've known wilbur mills for over thirty five years donald trump doesn't spend a lot of time listening to what wilbur mills says he tells wilbur mills what to do and to the extent that there's anything in this report it would come back if trump was

commerce department submitted a report to president that is believed to make the case for much higher terrorism vehicles from the european union on the grounds of national security german chancellor merkel is among those that have dismissed these suggestions. the europeans have returned fire a day after the u.s. commerce department sent a report to trump that could unleash the tariffs on imported cars and auto parts the european commission is aware of the conclusion off an investigation but the one of the us department of commerce and we're going to carry imports represent a threat to u.s. national security where these reports translate into actions due to mental to european exports the european commission would react in a swift and man. the report provoked a backlash from the german car industry even before it was unveiled the german car makers association says its manufacturers employer over one hundred thousand people in the u.s. you know over three hundred factories german car makers are baffled at the idea they were a threat to security and the german chancellor on saturday it ma

it out last year to take over indian delivery service flipkart with the aim of bringing their e-commerce expertise to the world's second most populous country but now a new e-commerce law and yes making investment difficult with tough restrictions for foreign investors in the retail sector india's revised foreign direct investment rules for e-commerce went into effect at the beginning of this month. the new rules especially affect platforms selling their own products because no single vendor can account for more than twenty five percent of an online marketplace offering their restriction is aimed at protecting india's retail sector but its critics say it makes it harder for online platforms like amazon or even indian e-commerce platform flip card which is now owned by wal-mart to easily penetrate india's growing online retail market by only selling their own products last year walmart beat amazon in a bidding war for controlling stake a flick out with the hopes of entering the indian market the new restriction has dealt a blow to wal-mart's expansion plans in india and that's strange isn

of online retailer jamia says africa's potential for e-commerce is bigger than in any other region of the well. out speaking in african business magazine jeremy who doris suggested the continent's lack of traditional brick and mortar retail structures meant that e-commerce companies could corner the market there jimmy are often referred to as the amazon of africa has expanded rapidly but it's still racking up losses in lagos based company is also reportedly set for an i.p.o. of the new york stock exchange in the coming weeks investor rocket internet of palin is seeking to cash in on shares worth up to two hundred fifty million dollars rocket however is not commenting. so let's get some comments instead from our studio guest and that is moses' aka the founder and c.e.o. of africa link and that's an african entrepreneurial conference based here in berlin first of all it's great to have you here with us but you make of that statement that africa is on the verge of an e-commerce boom i think that that is actually an interesting statement and such a good one because definitely if you look

it's going into commerce and price investments on the other side of the equation. tech, e spending on they're spending on store remodels to keep them fresh because 85 of retail is still done in the store. so they have a playbook,fohey're owing it and following it religiously. >> do you like the stock? >> i can't comment on the stock. >> okay. >> i think from a credit perspective the company is in as good at'hape as been since i've been covering it. >> and we have more company retailers going to chapter 11. they're closing stores. payles shoesource over theek d. and what kind of world will we have in >>retail. think amazons, best buys, costcos and those weaker retailers, we've got 35 names w considdistressed. that gap is getting wider. those retailers don't have the wherewithal to compete head-to-head with the other gu. it's just a matter of time before they go the payless route. i can't predict who it will be but there will be names we'll be talking about in a year. >> thas, arlie. charlie o'shea from moody's. later in the program we will have more details on a new

andr andrew, 43% increase in e-commerce sales, you said they're taking market share.rom grossers most of that growth coming in after food they're taking it from other general merchandisers. but most of it, the lion's share is coming in in grocery. >> and oliver, obviously this is a company that's spending money to really essentially reinvent itself, really push out in terms of e-commerce sales. how much is this quarter a reflection of the company itself versus the health of u.s. consumers give than really weak retail sales number we got lost week >> yeah, morgan i think it's a combination. walmart is doing a good job aggressively competing in e-commerce what's aggress sieive is curb se pickup it's about 70% of the u.s. and based on our say say are about 8% to 10% of america uses this so thinking about the future of walmart and retail it is combining physical stores and digital and keep in mind walmart has 90% of the population covered within ten miles of walmart. they're doing a great job executing and specifically online, they're broadening the assortment in terms of

the law will take effect when it comes to the e-commerce side.ough the e-commerce plust is still $1 trillion market, there is room to grow. it catches up and competition is increasing. they are ramping up their e-commerce strategy. i think they have a lot of growth levers. the business is more diversified now than it was five years back and amazon, i'm not even looking at alexa, but when you think about what it can do in the long-term, the devices and the potential it has, it is remarkable. amazon is a company where you place three trends, e-commerce, cloud, and advertising and that goes to show how much growth potential they still have. vonnie: what happens with prime? subscriptions have been doing well. will subscriptions continue to delivery, there are other providers becoming good at delivering these days. mandeep: there are about 100 million subscribers these days and that is going to slow down because the indian market is different. they are not going to generate the same pace of subscriber growth as they have. the prime subscriber, the pri

deliveries to homes than anyone else in the country. makes more e-commerce deliveries to homes becausestomize my insurance, and as a fitness junkie, i customize everything. like my bike and my calves. liberty mutual customizes your car insurance so you only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ got it. ran out of ink and i have a big meeting today. and 2 boxes of twizzlers... yeah, uh...for the team. the team? gooo team... order online pickup in an hour. and, now save big at the buy 2 get 1 free event. at office depot officemax. every day, visionaries are creating the future. so, every day, we put our latest technology and vast expertise to work. ( ♪ ) the united states postal service makes more e-commerce deliveries to homes than anyone else in the country. makes more e-commerce deliveries to homes - (phone ringing)a phones offers - big button,ecialized phones... and volume-enhanced phones., get details on this state program. call or visit and accessoriesphones for your mobile phone. like this device to increase volume on your cell phone. - ( phone ringing ) -

says there is a risk that uk firms commerce says there is a risk that ukfirms are commerce says there is a risk that uk firms are being hung out to dry by the lack of clear information from the government. the bcc, which represents 75,000 firms across the uk, employing nearly 6 million people, has published a list of 20 critical questions it says remain u na nswered critical questions it says remain unanswered in the event of the uk leaving without a deal. the questions include... if britain leaves without a deal, the country will fall back on world trade organisation rules. another question on the list: if there is no deal, there will be no transition period or backstop, that would mean the uk becoming a country with which the eu has no trade deal, so, that would require border checks. 0n trade deal, so, that would require border checks. on tuesday, the governor of the bank of england, mark carney, warned of an economic shock to the uk economy in the event of no deal, he said business investment in the uk had fallen 3.7% over the past year. 0ver over to the noisy duo, we were making

deliveries to homes than anyone else in the country. makes more e-commerce deliveries to homes this[ns. [ bah ] [ groan ] >>> we have a very special fallback friday tomorrow. all three hosts of the breakfast club are here. they're going to do a take over. they're the great hosts from power 105 in new york. the breakfast club on "the beat" tomorrow. that does it for us. "hardball" is up next. >> stone cold warning. let's play "hardball." >>> good evening. in for criss rr matthews. we are following a wild day of news. in washington a judge has banned roger stone from making public comments about his case. a gag

not yet. >> i want to talk about commerce bank and deutsche. very low base. this is a bank that is clearly struggling with -- >> 3% return don't forget on. >> % return on equity. struggling with profitability. lots of talk about potential merger speculation out there between deutsche bank and commerce bank. is there any rationale in your view of putting two banks that are both struggling, both trading at extreme discounts versus book, is there any rationale to put the two of them together does it make sense >> it might make sense, but the only source of synergy is the huge cut in the labor force. >> in terms of the says cost-cutting that would be associated >> yeah. the only big source for those two banks is there they have a larger footprint in germany, and they can cut it obviously, it would come at a cost, and political cost that might be very high you are wondering why politicians are pushing for that that's the reason why share prices for those companies, as you mentioned before, are trading such a huge discount you can see such a huge discount on the it

chamber of commerce meeting in washington, d.c. they will be discussing foreign investment in the u.s. we will be hearing from the chair of the white house counsel of economic adviser, kevin has set, as well as senators, mark westerner of virginia, john hoeven of north dakota and the governors of indiana, iowa, kentucky and arizona. later this afternoon commerce secretary wilbur ross. you're joining us now for live coverage here on c-span 3. >>> good afternoon, ladies and gentlemen. i know we're running just a little bit late with a meeting that just ended over at the white house, but if we could get everyone to take their seats, i'm glad to see mr. victor smith made it all the way from indiana. thank you, victor. we are on a little bit of a tight schedule today so we will get rolling as you take your seats. first off, welcome to the fourth annual invest in america summit, we are proud to be putting this on for our fourth year and we would like to extend our warmest welcome to each and every one of you, for those of you that travel

commerce department is releasing a report on that european car import threaten national security all of that actually mean for carmakers. the outcome should not come as a surprise as that fact that trump plans to declare a national emergency in exchange to avoid a new shutdown in washington and e.d.s. respected the department of commerce who will set the base said to impose tariffs on foreign cars and outer parts will have ninety days to decide if it goes ahead and imposes any tax or duty as he did last year with the steel and aluminum imports claiming national security risks also he needs to choose from different options such as blanket tower itself twenty five percent covering all day out to industry imposing quarters or just targeting a specific areas such as electric vehicles what is true is that he will probably wait up until the last minute to decide conversations with europe and japan continue keeping things exciting luis they are there for us thank you very much. it's not an easy time for french carmaker renault it reported a sharp drop in earnings amid a profit plunge at its

yup -- e-commerce business, once again a standout. we will check in on the health of the retailer and the outlook for slip cart. youtube announces new guidelines for users with one-time warnings. will the rules be enough to avoid intervention from regulators? but first, to our top story. is bitcoin back? the cryptocurrency is approaching $4000 for the first time since the start of the year. the boost comes after last week's announcement that jpmorgan has developed a prototype digital coin that it plans to use to speed up payments between corporate customers. will the boost last? we are joined by the cofounder of blockchain capital and mike of bloomberg intelligence. is bitcoin back? in the short term. in the long-term, probably not. it has been way overdue for a bear market bounds. it is still working off of the bear market oversold conditions. if you look at the major indicators, all these things that have been synonymous with bottoms in the past. they show the market is far away from a typical bottom you would normally see. emily: s

for foreign investors in the retail sector india's revised foreign direct investment rules for e-commerce went into effect at the beginning of this month. the new rules especially affect platforms selling their own products because no single vendor can account for more than twenty five percent of an online marketplace offering their restriction is aimed at protecting india's.

chinese trade dispute the american chamber of commerce in china has sounded a note of caution as a survey in november and december showed that a significant minority of three hundred fourteen companies expected relations to deteriorate nearly half wanted the u.s. to take a harder official line with beijing.

comparable sales beat expectations well e-commerce rose 43%.le they continue to take on amazon, they are weighing on the markets. and sara chicago joined emily to weigh in. one area was toys. they expanded by 40%. it was the first christmas without toys arrests and they wanted that market share. the other area is grocery. invest ining to grocery delivery. their fleet of stores is so large, that was a boost for them. selena: they have a redesigned website. they went after toys "r" us. themthe you think helps closed the deal? andrew: they are firing all cylinders. brick-and-mortar has been strong. they've invested in their store experience. online, there is a headline there with 43% growth. especially where a lot of other retailers faltered late in the season, walmart was able to get a lot of those last-minute sales because of their strong on the channel. emily: let's talk about the competitive landscape. i've got a chart right here. it shows comparison market caps of amazon and walmart. amazon is much higher than walmart. revenue,look at walmart

everyone is hoping it becomes the next china as an e-commerce market.is about how that plays out over the next five to 10 years. near-term, they will have to incur some of that hit, but it is smart, strategically. cart -- flip slip was hotly contested. how well is that acquisition going? sarah: what everyone was watching for today was we learned about these new e-commerce regulations going into effect in india which create challenges for both walmart and amazon as foreign participants in that market. we heard the ceo say on the call that market is to its appointed -- walmart is disappointed with the regulations and will have to work within them. it's noteworthy they did not adjust the guidance. they issued annual guidance in october and not to revise it today. that's a clue to us that, while they will have work to adapt to -- worked to adapt to the market, this is a long-term play. zach -- hah hall lzack and andrew, thank you for weighing in. the race for 5g is in full swing. qualcomm is vying to make sure it's chips are at the center of this next gen t

americannorth e-commerce sales are growing faster than e-commerce sales outside the u.s. last couple of years. amazon's total sales last year comes from the united states. of thewhat about all money that amazon has been pouring into india and other international markets? shira: i think that is a lot about the future. right now, relatively small. emily: so, apple meantime has been doing well. much of the concerns we have been talking about sales in china. will apple's future international growth be as strong? to see that.hard the issue for apple is the biggest smartphone growth markets are places like india and vietnam where apple does not look like they are in a great position. that their prices are relatively high compared to other for smooth -- to after smart phone companies to they have not had a willingness to tailor this products for countries needs. that puts them at a disadvantage. in places like india. emily: when it comes to google and facebook, do you foresee that their reliance on the u.s. will ever change? be -- it is going to don't think so. none in the short

companies doing business in china the american chamber of commerce in china of course it's washington on settling for a deal with beijing that could hurt business also on the show its one of the world's most successful apps but today to security experts warn of new polls to take talks safety features. welcome to business asia i want to get a bilin good to have you with us now in the latest twist in u.s. china trade relations today a top u.s. business lobby said a majority of its members were in favor of retaining terrorists on chinese goods the president of the american chamber of commerce in china stressed that forty seven percent of the body's members expect washington to look out for the interests of u.s. business and the world's second largest economy. despite optimistic statements coming out of the white house about progress toward settling the u.s. chinese trade dispute the american chamber of commerce in china has sounded a note of caution a survey in november and december showed that a significant minority of three hundred fourteen companies expected relations to deteriorate n

it out last year to take over indian delivery service flipkart with the aim of bringing their e-commerce expertise to the world's second most populous country but now a new e-commerce law and yes making investment difficult with tough restrictions for foreign investors in the retail sector india's revised foreign direct investment rules for e-commerce went into effect at the beginning of this month. the new rules especially affect platforms selling their own products because no single vendor can account for more than twenty five percent of an online marketplace offering their restriction is aimed at protecting india's retail sector .

amazon is taking a large share of that e-commerce growth.hey should continue to keep growing, but you are not seeing that growth in the financial numbers in the last couple of quarters. brad: we will be watching closely. and matt, thank you so much for joining us. i sat down with revolution ceo, steve case, to hear what he had to say about amazon's decision to expand into new york. i respect the fact that they asked people for proposals, got i met withls, and mayors recently and told them if they took half of the energy that went into their energy bid and have to dollars willing to put on the table to and send amazon to come there and refocus on startup communities, they might create the next amazon. even though most of the city super applied -- to apply lost, hopefully that energy will go into the start of sector bearing fruit down the road. cities, i was surprised about the northern virginia, d.c. area. i expected that and a lot of people expected that for a lot of reasons. the decision to go to new york was a little bit of a surprise. per

chamber of commerce. >> good afternoon, everyone. good afternoon. i'm suzanne clark. senior executive vice president at the u.s. chamber of commerce. i hope you have found today's program as instructful and insightful as we have. you have heard firsthand from governors and business leaders about the many, many reasons that the u.s. is the leading destination for foreign direct investment. one message should be abundantly clear, we welcome with open arms business and investment from all over the world. international firms like the ones represented here today have seized opportunities to grow their businesses in the world's most competitive economy, while investing in our communities and creating good jobs for american workers. none of this would be possible without the support and engagement of leaders in the public sector, but i want to make sure we thank all of our speakers and most especially, our partners at the national governors association and sido for joining the chamber here today to promote inves

50% of all e-commerce sales in the u.s.. the sheer vastness of the company in some ways makes it very positive, but then also, it could be perceived to be a weakness as well particularly if you are a regulator looking and saying perhaps they have their finger in too many pies and they have too much of a critical mass and to trust issues. that sort of thing remember, elizabeth, when we were speaking back in december, we talked a lot about regulation and the threat of extra regulation on some of the companies in 2019. why is it investors are willing to brush off some of the concerns given that nothing has really changed >> we hear about analysts talking about the threat of regulation, but they're not pricing that into targets for the stock. part of that could be that they don't -- just don't believe it's going to happen. at least maybe this year i will say these regulations that we're seeing from india look to be weighing on the outlook of amazon. that was a dark spot in this report if that hams in other countries, india is a

and the chamber of commerce.irst to protest the president's declaration of a national emergency. your thoughts? ed: i think we need to mention ex-speaker paul ryan. he made a promise to the president he would get this bill through if the president would sign off on the omnibus bill. then he did nothing. it should have been h.r.1 two years ago. we'll now go through a long legal battle. but i think the president is on the right track. the country needs to win. lou: the president talked about the trade war for what it is, an undeclared trade war and the united states is only now recognizing the chinese have been waging a wash for three decades against us, not only they have been winning but they have won to this point. now he's taking on the cartels. this is the first president to have the guts to name the enemy responsible for tens of thousands of deaths, whether it's opioids or methamphetamines or fentanyl or marijuana. it is -- this president cannot be commended highly enough for his courage. ed: i totally agree.

they are more on the laggards side, and they focus more on e-commerce.ir advertising business has also picked up, so sure, baidu has to pick up its game on advertising is why they are try to mix in these other services that is what brought down operating profits, it was about half what it was a year ago. so much onpending other services and new content. coming up, walmart posted strong sales growth over the holiday quarter as they continue to push into e-commerce. where it now stands in competition with amazon, up next. plus, we speak to the fec commissioner about the global race for 5g and how the u.s. can gain an edge. this is bloomberg. ♪ selina: good news for retail, walmart brushed off the industry's disappointing sales with the best holiday quarter in a decade. the retail giant beat expectations while e-commerce sales rose in the fourth quarter. what they continue to take on amazon, the push and online sales is weighing on margins. a market analyst and correspondent from bloomberg opinions joined emily chang to weigh in. >> they showed real strengt

commerce department about retail sales.week we got those delayed december retail sales numbers. that is the bottom panel. they showed december sales were down 1.2% versus november. of course, walmart, a big fourth-quarter win, suggesting what analysts were saying, that perhaps some of the counting especially online may have been off. speaking of, walmart also put in some good e-commerce growth. looking at a chart of their e-commerce growth, coming in at 43% sales growth in the fourth quarter. that was much better than the 2017 holiday quarter where a rise of 23% really spooked investors. investors want to see big numbers in the e-commerce department because that arm of walmart is not yet profitable. that is something that the ceo addressed on the analyst call this morning, saying they need to make progress on profitability when it comes to online. of course, trying to grow online comes at a cost, which brings us to margins. they have been on a downward trajectory over recent years. walmart spending to boost its online offer

comparable sales beat expectations while e-commerce rose 43%. the company continues to push -- take on amazon, they are into the market's is weighing on the markets. andrew in chicago and sara joined emily to weigh in. sara: walmart showed key strength in a couple categories. one area was toys. they expanded by 40%. they knew it was the first christmas without toys "r" us, and they badly wanted that market share. the other area is grocery. walmart is investing a lot in grocery and quick and collect grocery. this is an area where they have an advantage because their fleet of stores is so large. emily: walmart has a redesigned website. they went after toys "r" us buyers. what in particular do you think helps them close the deal? andrew: they are firing on all cylinders and every channel. brick-and-mortar has been strong. online obviously -- they've invested in their store experience. online, there is a headline there with 43% growth. and click and collect has been a huge driver. especially where a lot of other retailers faltered late in the season

they are clearly outperforming in e-commerce. tom: historically, you think of investment spending with amazon. as it pertains to using the cash, we 100% them to continue to the high pace of investment spending, in addition to cloud computing -- it looks like they may do more with physical stores. they talked about expanding the whole foods footprint. we still think that amazon could do gas station's. what they intend to do with whole foods is expand the delivery network by adding more physical whole foods stores. gas station's potentially do that to a greater degree. they could invest in proprietary content, another important area for amazon. expect more investments for amazon across the board in a lot of their growth drivers. caroline: the interesting element is that perhaps we are seeing a plateauing of growth when it comes to prime subscribers in the united states. does this were you in any way? do you think it is time to focus on international growth? deren: i think that is a great point. i think amazon has to focus on intern

he had great passions, passions for his constituents, passion for his committee, energy and commerce. he loved this committee so much, he thought there would be no other committee in this house. it wasn't until his retirement that we got jurisdiction back in other places. but he understood an ever-changing world. you could only imagine. he was able to adapt, which we should learn from, too. yes, the new world of social media, many would say will pass him by because of his age. he was one of the first i would follow on twitter. and this is a lesson this house in a bipartisan manner should take. it's one of my favorite tweets from john. came on the day of july, 2017, he wrote, i have been trying to repeal and replace the united states senate since 1955 and here is no luck. yes, we are sad today, but he lived a life we could admire. i may have different opinions and philosophy with him, but i admired his will to fight in what he believed in. i admired the way he treated people who had different beliefs and i admired the way that he pleeved all sides should be heard. and i speak for every

yeah they've been shopping cart and an e-commerce we are getting more and more sophisticated on treating those of any abandoned or shopper abandonment rates thank you alex rodriguez from y m m y yummy marketing in tampa and thank you for watching the big picture you know if you see us somewhere else you can now find our team america live on youtube dot com slash r t we're also live a directv three to one pluto t.v. apted one three two and on dish two eight zero in all our shows are available anytime anywhere on any device at youtube dot com slash big picture r t m holland cook in washington i'll be back here same time next week and in the meantime i am at holland cook on twitter and member of the deal if you follow me i'll follow you so question more. streak of the stale country's oil cleanup just touch on this for a moment charlie i mean scotland does have a lot of oil and the whole bracket thing is mightily confusing so the u.s. created consider invading britain right now during this breaks it turf awful and take control scottish oil i mean i'm all for that. the swarms of them so movin

commerce department gets set to release its report on whether important cars pose a threat to u.s. national security it could mean new tariffs on cars and auto parts especially from germany also coming out. five years after the protests sunk ships might on the square that toppled ukraine's government we ask has the country changed for the better since that. plus uganda's controversy over curbs the country's tirzah minister backing a plus size beauty pageant and saying he wants to promote curvy women to attract tourists. plus all you need to know about this weekend's fun this league of matches frankfurt facing off against clawed back a game featuring not just great goals but great goal keeping and look forward to tonight's match with legal leader stuart. i'm brian thomas thanks so much for joining us reports from the united states indicate that the commerce department is set to label imported cars including those from germany a national security threat now that is in line with the president trumps america first policies and could lead to washington imposing punitive tariffs on mainl

for example, how it handles digital commerce.r even something as important, super important, but seems esoteric but really important, ocean litter and so on. there are a lot of things in usmca that i think that the team could be proud of. and i think that because the micro things that address 21st- century problems are a worthy update to a trade deal and then the macro things have improved a lot of stuff, that it's quite likely that it becomes a model for trade deals in the future. >> so, an area that i identified as a challenge is, had we removed the steel and aluminum tariffs from the equation to ensure, i think, a smoother political passage of usmca, which the u.s. chamber has endorsed? what is it about the steel and aluminum tariffs, from your standpoint, the impact on the economy? and, there is concern about the administration taking on auto tariffs through a 232 action. talk to us about what you see in terms of an economic impact. both in the steel and aluminum tariffs issue. and you know our position has been that this hur

one in the committee of energy and commerce. first time they had a hearing in eight years, natural resources as well. now that the democrats are in the majority. i was pleased yesterday to appoint the select committee on climate. before i go to that i was very disappointed in the state of the union address there was no mention -- violence in our country caused by the proliferation of guns. we have h.r. 8 which we will be bringing to the floor. we had our hearing this week on that legislation. it will be marked up and it will be sent to the floor, hopefully this month. yesterday, as i mentioned, i appointed the select committee on climate. there's lots of excitement. i said the select committee will have a leading role in taking testimony, building current information on solutions to the climate crisis. but it would be a congresswide initiative. as mentioned, two of our committees have already -- subcommittees had already had hearings but we hope it will be -- all of the committees of jurisdictions will be very nvolved in it. tha