he had curran of chicago station wbb mtv has more on this weather.a. as it does, things will improve. we have gale warnings and storm warnings for a time in place yet. coastal storm warnings remain up as we head spointo early sunday morning. as this pulls away it will improve. these are bars of pressure. as they losing, it starts to lighten up. it takes a while for that to happen. you see winds diminishing. winter storm warnings up, 4 to 8" of snow, 4 to 12 here. in california high in the mountains up to a few feet of snow as the storm system continues out west. alex. >> meteorologist ed curran, thanks. >>> republicans are hoping trump will consider after threatening steep tariffston steel and aluminum imports perhaps as soon as fedex week. some in congress tended to roll with the president's policy statements knowing mr. trump's ideas can change. lawmakers are acting with urgency on fears the tariff will spark a global trade war and stall recent gains in the u.s. economy. some u.s. trade partners are warning of retaliation if the u.s. hits them with

enda curran has more on this. how bad is this package? have been waiting for for some time. the u.s. has been accusing china of stealing intellectual property and forcing technology transfers. a probe has been going on in the background ever since trump took office. we are close to getting the announcement with full details. more than 100 different types of chinese goods. that will bring trade tensions to new levels. not had much of an impact on china at all. this is the first direct hit on china, and it is a broad array of goods. we are deep into china's supply chain. china,the backlash from what is the reaction expected from beijing? enda: china has been relatively subdued in their responses until now. they were china to calm tensions. they have been reserved and what they said publicly. there are two camps. there is one that thinks there are legitimate complaints against china when it comes to protection and technology transfer. china can give mr. trump a headlight and when -- a headline win. it is the biggest importer of soybeans from

>> meteorologist ed curran of our chicago station wbbm-tv. thanks, ed. >>> also breaking overnight in michigan manhunt has ended for a suspected shooter and killing. 19-year-old davis was taken into custody. his patients were found shot to death in a campus dorm room. demarco morgan is here with the latest. good morning. >> good morning. the suspect was spotted by someone. he was arrested a short time later. the shooting happened on the last day of classes after school before a week-long break as many parents were arriving to pick up their kids. >> the cmu police department is responding to a report of shots fired. >> the shooter inside a dorm room shook central michigan university and put the campus on lockdown. students were encouraged to shelter in place. >> we see a lot of paramedics. the fbi is on scene right now. i spoke withy sources on the fourth floor of campbell hall where those shots rang out. she's very shooken up. she's telling me that police officers are checking hall by hall, room by room. >> reporter: the incident took place o

tom: enda curran and rupert harrison, thank you.of england governor mark carney is speaking. he's really focusing on cryptocurrency. the major headline that i see right now is he makes very clear that whatever it is, cryptocurrency or bitcoin, it's not money. that, according to the governor of the bank of england. much more on this, including our stephanie flanders discussion with the governor in the 6:00 hour. stay with us. this is bloomberg. ♪ taylor: this is bloomberg surveillance and i am taylor riggs. a $401 billion write-down after reevaluating assets. they also said they will sell some businesses. simplifiedpromising operations and has come out with a new five-year strategy. the struggling film and television studio weinstein company will avoid bankruptcy court after all. harvey weinstein has agreed to sell the assets. the buyer is a group headed by the former small business administration chief. the deal is valued at $500 million. and chevron says the impact of climate change on the oil and gas business will be minimal for d

dylan curran joins us tonight. dylan, thanks a lot for coming on. >> hi, tucker.for having me on. >> tucker: you do this stuff for a living. you thought you knew a lot about the level of data collection by facebook. you learned things you didn't know. tell us what you learned. >> yeah, so i feel like a lot of people in the tech industry had a general idea what was going on. but when i went in and actually looked at the information, i found a lot of things that ts were totally unexpected. they were recording, as was said in the report, your actual phone records and your text records. facebook calls them messages. your actual physical phone records. apart from that, then i went into google and they were storing a lot more information than i had previously expected. there were storing search history as far back as 2008. they had my location mapped back as far as 2014, showing pretty much every location i've been in for the last four years every day and with the time-stamp. they have also shown all of those files and images i've ever downloaded, all the apps i've ever

month let's get the details from both sides of the atlantic talk to our correspondents polly boyd curran london medina coach over in moscow hope to get the view from washington d.c. as well but we'll start with london polly what's happening there bring us up to speed today. well donald turkey's the president of the european council he announced this collective response to russia a little bit earlier on saying that the e.u. agrees with the u.k.'s assessment that it was quote highly likely that the poisoning that moscow's behind the poisoning of sergei script and his daughter yulia and well over a dozen states e.u. states have pledged their support to the british prime minister and expelled scores of russian diplomats from capitals across the e.u. to resume a spoke in parliament here in the u.k. she said that the u.k. means no harm to the russian people but the u.k. will stand with the e.u. and nato to face down the russian threat together and she was clearly rather pleased with the support she's received from brussels and the u.s. and canada and ukraine for that matter take a listen to wh

curran: we don't need a electric -- we are not an car so we don't need the raw materials we use gold,recious stones. change was toket more discreet watches, all of bling watches. you have the anticorruption measures in china. people are going for more sober and more discreet watches. or sometimes in white gold or platinum because you cannot see the difference. prestige ont were, the low. it not as ostentatious as in the past. digital watches, an episode that is a very controversial debate, especially with the traditional conservative you that a watch is a watch because of its beauty and crafting and every thing else. what is your interpretation of all of this iago is it a philosophe -- philosophy? -- what is your interpretation of all of this? is it a philosophy? we think it is complementary. young people have access to watches. digital watches because it is about emotion and style. yousef: that is it for bloomberg markets middle east. we have a busy weekend and we will be right here for trading in the gulf at sunday morning on bloomberg television. do join me then. this is bloomberg.

enda curran is with me now. seems like steve mnuchin got what he wanted.nt there and -- and on the message of america first. he did not go there with any olive branches. it change the way it is. the g20 typically issues lines the communique about pushing back protectionisms. the thing time, behind-the-scenes, some g20 nations are using back channels to have deals with the u.s., looking for exemptions. gamesmanship going on all around. -- was taking questions from the news media. offer a used it to conciliatory tone to the u.s.. president trump considering $60 billion worth of tariffs. that is on a broad basket of goods, electronics and the like. what premier li keqiang said, we we want technology transfers, we will protect ip. the question is, is it too little too late? ask, peopleding you have been saying, the fear of a trade war is overblown, it'll will be targeted, it is more a political move, rather than having political implications. how much damage do you see being done if we did have a trade war? enda: if we went down the road of a classic, full out

state of maryland and curran why a ball is the deputy project director for the partnership on employment and accessible technology or pete that's an organization that works to help employers companies and others understand the importance of accessible technology welcome to you all for this part of the conversation so we got a lot of comments online about examples of where technology meet accessibility this is just one this is andrew on twitter who says one example is apps that enable people to rate accessibility of places they visit or attempt to visit these are apps that tend to use existing mapping tech like google maps gradually crowdsource accessibility mapping can help mobility and accountability so that's just one example there are many young though you just returned to mexico from the south by southwest conference did it live up to what's in this tweet here from andrew on ways to make things more accessible how accessible was your experience. thank you for having me on the show if you believe there's always opportunity for accessibility in my case i do have the ability and you kno

and enda curran, the chief asian economics correspondent. thank you both for joining us.se ambassador to the u.s. will join bloomberg television live at 10:00 a.m. in new york. he will be quizzed and questioned on tariffs. this is bloomberg. ♪ taylor: this is bloomberg's -- this is bloomberg surveillance. shares of dropbox begin trading today publicly. dropbox initially targeted a market value of 1/4 less than the $10 billion it was valued at during the 2014 funding round, but strong demand helped close the gap and dropbox will begin trading at a market value of $9.1 billion. and in a surprise move involving two of the biggest casino operators in macau, galaxy entertainment has agreed to purchase a 5% stake in its rival wynn resorts. the former chairman sold 8 m illion shares in the company. that is your bloomberg business flash. the longu th was it is abated trade war between the u.s. and china begins to break up. the chinese government announced $3 billion worth of import tariffs on the u.s. in response to the donald trump tariffs on steel and aluminum. head ofus now, t

can guarantee the regime.f cam -- kim's it get updates with enda curran.uld come out of these talks. enda: certainly a very significant development. quite --need to be there would need to be significant concessions on the table for the president is it down with his north korean counterpart. they will not sit face-to-face unless there is significant hope of progress, around dropping are giving up on his nuclear missile ambitions. the biggestn one of clouds hanging over the world economy and geopolitics the last year or so. perhaps it is a sign kim jong-un is serious about that direction. there is skepticism when it comes to north korea, some believe they are playing for time and want easing of sanctions. yvonne: we saw a change in tone after the olympics. everyone thought we would see the military drill come back, return back to normal, with escalating tensions. what do you think changed from kim jong-un in particular, in terms of his behavior? some were saying perhaps these sanctions are starting to bite. enda: it is a dramatic change of tone. at the new y

. -- enda curran. the question is not what trump's will do, it is what china will do in response.e you hearing from the chinese? enda: that is the big question. they have been subdued and their response to mr. trump as he ratcheted up the trade tensions. in truth, we do not quite know how they are going to respond. we know a probe going to one of the agricultural imports from the u.s., sorghum, they have made noise, but a critical question is will they try to defuse these by giving the u.s. some concessions, or will they immediately go for a full-scale retaliatory reaction which deepens the trade tensions? we will not quite know until the full details of the tariffs are announced today. michael: that raises the question of what the trump end game is. we know he will put the tariffs on and does not like the trade thecit, but what is it chinese could do to solve the problem? kevin: the anticipation is that try to have will targeted retaliation in red states, and that could pose significant political risk for the republican party as well as the president's reelection efforts as this

could have waited to see what the other party said about their failure to reach agreement we thought curran they could have waited to see what conservatives would offer the s.p.d. gets it when it is one of the s.p.d. happened so common misson d.m.d.'s of ham to say it again one day after talks between the f.t.p. the conservatives and the greens had failed that was like opening your mouth without thinking it was the. infinitely a mistake and we need to find deadlock in the meetings airshaft there snappers it's the media put us under a lot of pressure to take a position right away to talk about it as more than it generates headlines when you don't comment or say that you will comment but haven't made a decision yet come and emotion and then you have to deal with the headlines as it and how they headlined that day could have been schultz no longer rules out grand coalitions with who they were trying to avoid that. on an office official my b.s.p. was hounded theirs and i love that scream this is they were all hounded by the media meaning as they're soft. to dismantle also reacted quickly a few

. >>> finally, nico curran, fiance to warriors owner joe lacob was inducted into the alameda county women'sfame today. recognized for her philanthropy efforts through the warriors community foundation. she was one of 13 women honored today in oakland for their various community contributions. congratulations to all. this abc 7 sports report brought to you by river rock casino. and i have to give drew tuma a shout out. the abc 7 team at the lucasfilm trivia night were the winners. 60 teams and you guys won it all. >> very impressive. >> made it close, too. >> did you answer one question? >> some. >> that's it for tonight. i'm eric thomas. >> and i'm dion lim. for drew and ♪ ♪ get high speed internet from at&t. $30 per month. no extra monthly fees. more for your thing. that's our thing. visit att.com/internet.

latest figures show the gulf crisis has actually helped the country to become more self-reliant sarah curran reports from doha. but. out of a crisis comes opportunity and for twenty three year old of the law it's this a new machine to make it cottons made from recycled paper it can produce as many as one hundred thousand of them a day meeting abdullah low be able to meet a boom in local production since the blockade after the gulf crisis we lost all our main costs almost because they are mainly from saudi arabia by land and u.a.e. but we never gave up on our business and we continued searching another new way to run our factory also weighed the owns the only paper recycling factory in costa which has four times as many customers since the blockade started in june and the factory exports eighty percent of its recycled paper to the likes of china sri lanka and amman and plans on expanding world series added to this and it turned inside out and sent right inside on this machine his home prices say thirty seconds to end up with recycled paper but the wants to use is also recycled which means ver

enda curran with us, always valuable from china.beijing the senior asia analyst to do is perspective, joining us from skype. a very clear skype, i might add. these are stunnign, stunning announcement as well. president xi will be busy. does china want to be part of these greetings by the president and leader of north korea. we just heard the official chinese reaction of not too long ago. they have welcomed the move. it was to be expected. let'sy because -- put it this way, as you mentioned, there are a lot of unknowns going into this. obviously, this is a guess, but if i was a decision-maker in beijing, i would feel that the likelihood of an outcome here, certainly one that would cause north korea to denuclearize is so small that i would prefer the talks to go ahead and any mistakes that were to go ahead would be trump's and south korean president moon's to be made. envision aboutu the handshake and the photo opportunity? miha: well, there are many unknowns going into this. the first test will be seeing if the summit takes place. on

let's discuss the implications of our chief is a economic correspondent, enda curran.ng in -- we heard from paul ryan. he says trump really should not be going ahead with the tariffs, and republicans seem to be behind him right now. what are the terms the party at the moment? enda: what the republicans like paul ryan are warning mr. trigge war. they pushed through the tax reform policy and think that is going to rejuvenate and rev up growth. a risk to derailing the u.s. economy. they want to decent a great -- disintegrate into the wider economy. some of which are made. his own constituency. ofre is certainly some kind division emerging. whether or not they can talk him down or not remains to be seen, i guess. yvonne: the question is whether these are negotiating tactics. people are saying this is a ploy to get what they want when it comes to nafta as well. enda: we had light hazard are overnight saying that if mexico cuts a deal with us in nafta, we will happy to take him out of the steel and and you million -- and aluminum tariffs. one, you deal with have the rest of

thank you so much, as always, enda curran.breaking news out of the e.u., the european union saying it wants to closest relationship in the u.k. they were meant to put out a paper talking about brexit and china. i am not seeing anything on china. the e.u. says it wants to offer the trade offer with the u.k. wants to take into account the u.k. will leave a single market and they also say the e.u. while leaving the customs union means trade will have friction. let's get back to nandini ramakrishnan with me here as -- at the jpmorgan asset management headquarters. when you look at these kind of -- rhetoric from that you, are they ready to negotiate or does it seem that -- i guess the u.k. government has taken a step closer to maybe leaving the red lines aside, but that you isn't yet ready to do that. nandini: i think it's a classic negotiation tactic. it's certainly not in the e.u.'s interest to rock the growth we are seeing in the eurozone by making new -- too punitive a deal. it is really quite a lot of interlacing factors going

francine: thank you so much ,enda curran joining us from hong kong.nd conrad dequadros. jens, if you look at the china factor, are you confident china's tackling financial risk or should investors be wary of it? jens: china is aware on this issue. investors are, too. i think this is the main question i'm getting from investors, from a long-term perspective, is it possible china can manage this balance? they have had growth and now they're seeing improvement in these ratios. the key to being successful in this balancing act really is a growth stays strong. that is what we are watching. the leading indicator we are paying the most attention to our from the trade accounts because that is some of the most early in the cycle data. it is still holding up, so there's nothing in the near term as adjust the economy is about to take -- that suggests the economy is about to take a step down. that is key to making this sustainable. francine: tom and i have been talking about the leadership of china, the fact president xi has more powered for longer. this this mea