emily: david o'sullivan, eu ambassador to the united states, thank you so much for joining us.g up, hpe reports its second-quarter and the numbers look positive, but why did they get such a bad reception on wall street? we will take a look that. this is bloomberg. ♪ emily: it was a rough start for hewlett-packard trading wednesday morning. shares of hpe fell as much as 10%, the largest drop in 15 months, this despite what appeared to be solid second-quarter earnings that saw hpe top estimates in earnings-per-share, revenue, and net income. it was also the fourth consecutive quarter in which sales grew from the year before. what caused wall street's that reaction? we want to bring in idc's chief research officer. what gives? >> hey, emily, how are you? i think what you have here is a situation where, you have to keep in perspective that there has been a long history with hewlett-packard and with hewlett-packard enterprise, in terms of a lot of change. i think that when the ceo said that there was going to be tougher compares going forward, probably there was a lot of concern abo

,aroness ashton: first of all sitting next to david o'sullivan i feel quite honored. he is somebody a great eminence. i can say that. me, dare iwork with say for me, although it never felt like that. jane: i work for you. baroness ashton: that will be the day. we all work for you, jane. with a question really is for the other nations involved in any jcpoa. u.s., russia, china, the france, germany and the u.k. who were the six countries. my role in the whole of the negotiations was coordination and moving the negotiations forward. this was an international agreement and supported by the un security council. the uniqueness was in part that it brought russia and china, the u.s. and europe together to find a solution to a problem. i don't think there has ever been a discussion of that kind or negotiation of that kind. it has something inherently fascinating, interesting and really important about it. the question for those who remain, and david will have a greater in light into this discussion on the european union about this, is whether they feel able to continue with an

katty: david o'sullivan, thanks for coming in. jane: the dwarf planet pluto is over 3 billion miles away, and has long been a mystery to scientists. now experts say they have found important new evidence about the planet's surface which in places resembles sand dunes familiar to us on earth. here is science editor david shukman. david: until recently, the distant world of pluto was a total mystery. but a nasa spacecraft captured the stunning pictures three years ago, and scientists have been trying to make sense of sights they never expected. everyone thought that somewhere so cold would be frozen solid. but amazingly, there are signs of movement on the surface. the latest discovery is about the texture of the landscape. these are fields of dunes that looks surprisingly like the ones we have on earth. >> this is important for a scientific perspective because it gives us new insights about pluto, but it is exciting about just to be able to look at this world and recognize that it is not just a frozen, icy blob in the outer reaches

emily: to discuss this and much more, we spoke with eu ambassador to the united states, david o'sullivan on wednesday. david: it was good that they heard first-hand some of the strong feelings about these issues around privacy and user data. the question of the format was something decided by the parliament. i think it is impossible to answer all of those questions in the time allotted. i think this is part of an ongoing dialogue, having contact with facebook. i think they know there are issues, and these are complicated issues. i think this was a good first step in opening a dialogue, and i'm sure there will be more. emily: one of the questions was, convinced me why you're not a monopoly and why we shouldn't break up facebook. he talks about how facebook faces stiff competition, yet this is a company with 2 billion otherthat owns three social media platforms -- facebook messenger, instagram, and whatsapp. what could the eu conceivably do to address the monopoly question, and how likely is that? david: it's important to understand that eu anti-monopoly laws are not run on a political bas

emily: that was eu ambassador to the united states david o'sullivan. consumer reports has passed on recommending tesla's model 3. the magazine says the car's 60-miles-per-hour stopping distance took seven feet longer than ford's full-size f-150 pickup. the magazine also cited the car's hard-to-use controls but praised tesla's battery range and handling. still ahead, facebook's fake news fight. how the social media platform continues to tackle it, but can they actually win? and what does it mean for upcoming elections around the globe? and later, the company behind the hottest video game out making a big push into e-sports. details on epic games' $100 million e-sports investment , next. this is bloomberg. ♪ emily: this week, goldman sachs held its annual technet conference underway in hong kong. bloomberg's stephen engle spoke exclusively to some of the region's leading and emerging tech players, including tujia's cfo warren wang. tujia is known as china's airbnb and is rapidly chasing the growing number of chinese travelers in southeast asia, japan, an

david o'sullivan, european union ambassador to the u.s. discusses u.s. transit line take relations and bloomberg's suzanne woolley talks about retirement planning and financial literacy. then you talk republican senator michael wade discusses his new history."ten out of shingtonto watch "wa journal" and join the discussion. announcer: c-span's coverage of 2018 commencements continues with hillary clinton and yale university. she talks about the 2016 president took campaign, student activism and it reminisces about her own time at the school. the former secretary of state is followed by rex tillerson and virginia military institute and jim mattis at the air force academy and canadian prime minister justin trudeau speaking to nyu graduates. [applause] that was great. thank you. thank you very much. thanks everybody. thank you. i am so delighted to be here. sorry we are not outside but this makes it cozy. thank the president and the dean. alex, a razorback fan from little rock, arkansas, for getting us started. forks to alexis and josh your comments and int

we will hear from david o'sullivan ambassador of the european union to united states. it should get underway shortly. news is coming out of israel saying their defense minister was due to fly to russia today amid reports the countries were finalizing a deal that would push iran forces back away from syria. nbc reports the pact being negotiated as part of efforts prevent iran-israeli tensions from spiraling into outright war. that from nbc. you should get underway shortly here live on c-span. [crowd talking] >> we are wilson center in washgtonor a discussion on the state of u.s. transatlantic relations after the u.s. withdrawal from the iran nuclear deal. should get underway shortly. we will hear from david o'sullivan, ambassador to the european union -- european union ambassador to the u.s. and head of the wilson center, former ranking democrat on the house intelligence subcommittee, the homeland security subcommittee on intelligence. all this week we are bringing a commencement speeches. tonight at 8:00, hillary clinton, rex tillerson, defense secretary james mattis a

speak with david o'sullivan.e over self driving cars, soft tank making an investment -- softbank making an investment in gm. boulevardteady, james -- james bullard says the fed should go big or not at all when it comes to raising rates. check on the markets. julie: if there were a crisis in the making, this is not the trading pattern we would say. downward pressure to be sure, but the selling is not much hotter now than when we came in this morning. before, we heard confirmation of all of these retaliatory actions, it had already been teased that, handheld at, by both the eu and canada and mexico in response to the steel and aluminum tariffs. this was perhaps expected on looks like nowt a trade war or the early stages of it. other major averages are down. we see some areas of the market where the response and the reaction is mark stark. look at the dollar-canadian dollar. rise.s. dollar on the versus the canadian dollar and wen taking another leg up as heard prime minister trudeau speaking earlier about the retal

angie, you are on with the ambassador david o'sullivan. caller: good morning.ad a question about what the eu has been doing for women's rights. i have seen a lot on the news and a lot that is not made the news regarding violence against women in sweden and germany. can you elaborate at all? i will take my question off the air. guest: women's rights are, of course, a fundamental principle of the european union and there is european legislation that guarantees equality of treatment in the area of work, and some of these measures are domestic violence as such an issue addressed by national authority of the national level, but the european union stands fully for fully equal treatment you know spears of life, and it is -- spheres of life and it is opposed to any abuse of women. ,(202) 628-0205 democrats. understandortant to with this nuclear deal? guest: clinical do with the ram is a vital part of national security. acquire iran could nuclear weapons would trigger a proliferation race, destabilize the middle east and have consequences for digitally for europe becaus

david o'sullivan says the u.s. decision to with draw from the here brand new new deal has strained transcend plenty -- transatlantic. stepversation on the next or iran and the key players in the region. this is underlined in. arbara. good morning. good afternoon, ladies and gentlemen. it is seven minutes past 12:00 so it is no longer the morning. i will not hide from you that it is with a slightly heavy heart that i take the stage this morning. this is never where we had hoped we would be. maybe we should not be entirely surprised, but that does not stop me from feeling the need to express my extreme disappointment at where we now are.

i spoke with david o'sullivan. the tariffs you will impose. tariffs you will impose. tim position of tariffs on steel and aluminium illegal under wto laws. aluminium illegal under wto laws. equivalent volume of american trade to europe. to europe. unhappiness with this decision and ensure we defend european interests. ensure we defend european interests. states that are politically sensitive. is that the aim? it is a longer list. longer list. indispensable to the manufacturing process in europe. process in europe. that we believe that the wto rules should be in place. you. you disappointed are you? disappointed are you? we are extremely disappointed. extremely disappointed. in conversations and both sides have tried to reach an agreement. tried to reach an agreement. for a limited tariff deal on industrial products and procurement. industrial products and procurement. but it has not proven possible to find an agreement. find an agreement. and aluminium exports before this can be agreed. can be agreed. dumping, why

congressman greg walden, chair of the house energy and commerce committee, and eu ambassador david o'sullivanor now. this is bloomberg. ♪ ♪ haidi: u.s. stocks decline after optimism over trade talks in north korea. president trump says the kim talks may not happen. betty: treasuries were steady and crude fell to a loss after going to advise level since late 2014. haidi: china lowers import tariffs. european and asian brands could benefit the most. betty: mark zuckerberg apologizes yet again, but it is what he did not say is what annoyed lawmakers in brussels.

david o'sullivan discusses

congressman greg walden, chair of the house energy and commerce committee, and eu ambassador david o'sullivanl for now. this is bloomberg. ♪ mom, dad, can we talk? sure. what's up, son? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity my account. one more way comcast is working to fit into your life, not the other way around. >> the following is a paid program. the opinions and views expressed do not reflect bloomberg lp, its affiliates, or employees. >> right now it is all new, a paid presentation for meaningful beauty by cindy crawford. >> with special appearances from some of your tv favorites sharing their skin saving secrets. >> plus, a stunning before and after story from today's special guest. >> at age 52, the star of "full house," lori loughlin's skin looks younger thanks to friend and supermodel cindy crawford. lore

to talk about this, we're joined by david o'sullivan, the european union's ambassador to the united states. mr. ambassador, thanks for joining us. >> thank you. e president of the european commission said today what the united states actions he called them pure protections, pure and simple, he said the e.u. would respond with tariffs of their on on u.s. goods. are we in a trade war? >> i don't think we're in what you could call a full-blown trade war because the volume of trade involved in this dispute compared to the global volume between the european union and the united states is still relatively small, but an important divergence of view. we believe the tariffs are unjustified and illegal under wgo rules and we believe it's important to push back and use our entitlement to protect or interests and impose tariffs on a u.s. exports so we're in a serious conflict. >> in the bigger picture, you say it's not a big deal, but what's going to be the impact of this in the united states and europe? >> the immediate impact will be to make european steel and aluminum exports to america more expens

that is the ambassador and head of the european delegation to the united states, david o'sullivan will make some keynote remarks. then we will turn to our panel of true leopards -- our true experts. let me briefly introduce them. ms. rosenberg is director of the energy and economics security program at the center for new american security. she is a veteran of the treasury departments. she is an expert on sanctions policy. we also have a new member who is a policy fellow at the european leadership network and he will address european concerns and concerns about the trump decision for the u.s. alliance in europe. we have an old friend of the program, the iranian budget the i ranho -- project director -- deer ran project director. in his senior fellow at our global energy center and veteran of the state department. i believe also the nsc, where he worked on developing the sanctions that are now going to be returning. so, it promises to be a very, very interesting our and a half. i would like to ask you to silence your cell phones and invite ambassador sullivan to come make some preliminar

david o'sullivan says the u.s. decision to with draw from the here brand new new deal has strained transcend plenty -- transatlantic. stepversation on the next or iran and the key players in the region. this is underlined in. arbara. good morning. good afternoon, ladies and gentlemen. it is seven minutes past 12:00 so it is no longer the morning. i will not hide from you that it is with a slightly heavy heart that i take the stage this morning. this is never where we had hoped we would be. maybe we should not be entirely surprised, but that does not stop me from feeling the need to express my extreme disappointment at where we now are. we deeply regret the decision that president has taken. maybe we should not be entirely surprised. usis something we feel puts in a very difficult situation. around nucleare deal as -- or the iran nuclear deal as many of you know is perceived by the europeans and the broader community is a strategic multilateral agreement. by the national security council and most importantly, and th

the last minute addition to our experts in that as the ambassador david o'sullivan is going to make some keynote remarks. with our penile penal true after experts. let me just briefs fully introduce them. she is a veteran of the treasury department. we also have a new speaker here. they followed the negotiations that led to the jcp '08 in great detail another veteran of state department where he worked on developing the sanctions that are now going to be returning. he promises to have a very interesting hour and half. with that man ask you to silence your cell phones and let me invite ambassador sullivan to come make some pulmonary remarks. thank you very much. good morning and good afternoon. it's just seven minutes past 12:00. is no longer the morning. i will not hide from you that it's with a slightly heavy heart that i take the stage this morning. this was never where we hoped we would be. maybe we shouldn't be entirely surprised but it does not stop me from being extremely sad about where we are. maybe we should be entirely surprised by all that is said. but something we feel puts u

coming up thursday morning, david o'sullivan, european union ambassador to the u.n. discusses u.s.nd transatlantic a bloombergnd member talks about retirement planning and financial literacy. then, utah republican senator mike lee discusses his new book "written out of history: the forgotten founders who fought big government. --." watch c-span journal live thursday morning. join the discussion. >> live thursday from the c-span network, at noon eastern on c-span, a conversation on the social media and how it influences debate and democracy in the u.s.. on c-span2 at nine :00 a.m., former secretary of state madeleine albright said some of the washington post columnist to talk about the trump administration's foreign policy, including current talks with north korea about a possible summit. aen at 10:00, a former -- hearing on how to use intelligence. that's on c-span2 as well.

this morning, david o'sullivan, the european union ambassador to the united states. reporter talks about retirement planning and financial literacy. miketah republican senator lee discusses his new book, written out of history. washingtonwatch journal, live at seven eastern this morning. join the discussion. live thursday on the cc it -- on the c-span networks, a conversation on social media and how it influences political debate and democracy in the united states, hosted by the cato institute. two, madeleine albright sits down with david thetius to talk about trump's administration's foreign policy, including talks with north korea. how to use intelligence to assess cyber threats to organizations and companies, also on c-span two. afterwards,ght on jonah goldberg with his book ."uicide of the west he argues nationalism is threatening american democracy. interviewed by editor of "commentary" magazine. posit western civilization as we understand it is unnatural. what do you mean by that? take all of our education and put it in the natural environment. we would not be

thursday morning, david o'sullivan, european union ambassador to the u.s., discusses u.s. transatlantic negotiations. senator mike lee discusses his new book. be sure to watch c-span's washington journal, live at 7:00 eastern. join the discussion. life, thursday. at noon, a conversation on social media and how it influences political debate and democracy in the u.s.. hosted by the cato institute. on c-span2, former secretary of madeleine albright talks about the trump administration's foreign policy. including the current talks with north korea about a possible summit. use0:00, a forum on how to intelligence to assess cyber threats. that is also on c-span two. commencement speeches all this week in primetime. governor apple ceo, john kasich, k brown, luis gutierrez. carter, betsy and usualk meadows, bottoms. ♪ weekend, on american , the 1988 u.s.-moscow summit between ronald reagan and gorbachev. >> democracy is a complicated way. sometimes trying. it is a good way and we believe the best way. again, i want to expend to you and to all of those who labored so hard for this

ambassador david o'sullivan from the eu >> i had a feeling he wouldn't say less integration is better >> i had a feeling he was not not going to say more integration is better and eu has to shut up >> thus the situation in europe these days >> diplomatic, on the fence, beautifully, and well-rehearsed. >> absolutely. >> we've got, what, 50 minutes or so, just less than 50 minutes, 47 minutes before the close. we need the countdown. >> how do you think the ieall - italian bond market is >> we know the italians, so far, this is important, discussing this the other day, even on the day italian yields spike, it's not contagious across europe >> just their problem. >> meaning it's contained for now. let's have a look. 46 minutes left of the trade now, time is taking away >> there's the countdown box >> dow down by a third of 1%, nasdaq just higher >> we're just getting started. stay right there >>> much more on how the market reacts to the sudden breakup of the nuclear talks on the peninsula, plus, a new way to solve pension problems with bonds. is it working? making everything worse? we'll

and pose retaliatory tariffs against the united states as well, and for that, we are joined by david o'sullivan, european ambassador to the united states. ambassador, nice to see you again. >> hello good to be here. >> when can we expect those retaliatory tariffs that the eu has threatened >> we have already announced that similar to canada, we will both take a case to the wto to challenge the legitimacy of these tariffs and also exercise our rights under the wto to apply rebalancing the tariffs to an equivalent volume of u.s. exports and we've already made the necessary procedural steps at the wto and i would expect that this will be taken forward within the next few weeks so probably by the end of june, we should see tariffs taking effect >> commerce secretary wilbur ross told me this morning that this is not a trade war. does europe agree? >> well, i don't think it's yet a trade war. it's maybe more of a trade skirmish when you look at the volume of trade involved compared to the overall volume of trade between the european union and the united states, but it is a step in the wrong direction

coming up thursday morning, david o'sullivan, european union ambassador to the u.s. discusses u.s. transit line take relations and bloomberg's suzanne woolley talks about retirement planning and financial literacy. then you talk republican senator michael wade discusses his new history."ten out of shingtonto watch "wa journal" and join the discussion. announcer: c-span's coverage of 2018 commencements continues with hillary clinton and yale university. she talks about the 2016 president took campaign, student activism and it reminisces about her own time at the school. the former secretary of state is followed by rex tillerson and virginia -- at v