decision to withdraw from the iran nuclear deal comes up at every business meeting how will the e.u. react and will that be new sanctions against iran. gun j.v. and has made a lot of contacts through international trade faz like this one in terror on last year and he has contracts with european companies. but now many of his partners are uncertain about the future of the business as. current right now we have to sit down and see what's going all. e.u. leaders they unanimously opposed to trump's withdrawal from the deal. they say they'll stick to it as long as iran is committed if. news of. we as europe have collectively have found our desire to preserve the benefits of the deal signed in july twenty fifteen including for iran to protect the legitimate interests of all companies but these. if the us reintroduces the sanctions in august european companies would also be banned from doing business in iran. as a countermeasure europe plans to reactivate an old law who took blocking statute that would prohibit european companies from complying with the us sanctions on iran . but opposing the us

decision to withdraw from the iran nuclear deal comes up at every business meeting how will the e.u. react will there be new sanctions against iran. done j.v. and has made a lot of contacts through international trade fairs like this one in tehran last year and he has contracts with european companies but now many of his partners are uncertain about the future of the businesses. carnes right now we have to sit down and see what's going on basically. the improvement relationship between iran and european companies especially with germany and the very moment you know he's very we can see who is all real partner. and to be a spokes bomb speaks to his staff in the middle east several times a day fire video link from darmstadt in southwestern germany he provides high speed satellite internet to customers in afghanistan pakistan and iran airlines have shown a lot of interest but getting the money together for these kinds of orders could become increasingly problematic that's what one of what would have worked fine a week ago might be impossible next week getting someone to fund these big project

decision to withdraw from the iran nuclear deal comes up at every business meeting how will the e.u. react will there be new sanctions against iran. done j.v. and has made a lot of contacts through international trade fairs like this one in tehran last year and he has contracts with european companies but now many of his partners are uncertain about the future of the businesses. carnes right now we have to sit down and see what's going on basically through the improvement relations between iran and european companies especially with germany and the very moment in our history we can see who are real partner. and to be as book spam speaks to his staff in the middle east several times a day fire video link from darmstadt in southwestern germany he provides high speed satellite internet to customers in afghanistan pakistan and iran. airlines have shown a lot of interest but getting the money together for these kinds of orders could become increasingly problematic that's what one of what would have worked fine a week ago might be impossible next week getting some of the fun these big projects f

e.u. commission did react along those lines in a twitter message she said italy is a founding member of thee.u. that will and will continue on its european path italy deserves respect. no different interpretation there barbara how worried are the italians that the current political standoff could spark potentially another financial crisis. the funny thing is that this message particularly has not reached italy at all what happens here is if we think back to what gets said there was one very true sentence in his last remarks and he said that people tend to europe and europe price their their problems and that is exactly what many italians do they send home point the finger against europe and say it's their fault somehow nobody can explain how but it's their fault that we are at the point that we're at and we need more help from europe and we want more say in europe and we want to negotiate with europe about our future all that is very unclear but it's very strong emotionally and so there is no clear understanding about the real and present danger if people are in we're not seeing a bank run

e.u. will react. we are very cartesian about this. we all must we have to negotiate the end state. as to take part in this process and there is a lot of confusion. we also have to be careful here because we are at opposite sides of the table and it is in the e.u. interest to run the clock out. we are empowering their ability to run the clock out, empowering them in the wto and other negotiations. we are making it more difficult to negotiate an independent trade policy, more difficult to negotiate with the americans, and the longer we do that the worst position we will be in. have to break out of the trap we are currently in. francine: thank you for joining us, all of you. our guest host for the hour, kit juckes at societe generale. bloomberg "surveillance" continues in the next hour. we will be speaking to the former u.k. chancellor ken clark at 10:30 a.m. u.k. time. this is bloomberg. ♪ ♪ francine: trade talks in washington. steve mnuchin begins two days of negotiations with china after president trump makes concessions to cte. what are the -- zte. italy's waiting game, talks betwe

e.u. said it was prepared to react in a clear and united way they'd agreed in may to negotiate over america's products coming in into europe but only if the if the exemption was lifted well that that just didn't happen and now they're threatening a response i think what the the e.u. commissioner was saying in the last forty eight hours that products like bourbon orange juice motorcycles. those blue jeans will all come under under an examining form to see whether they'll be there will there tariffs will be placed on on them it's. it's going to be a difficult. a difficult time and it's not just involving the people of europe britain is now getting out of europe as you know this brics move but it's also getting caught up in this seven percent of this deal exports go to the united states. the industry has thirty one thousand workers in the country and thirty five thousand tons of steel headed across the atlantic every year so they're going to be caught up in that too i think over the next. twenty four hours we will see you are coming up with some very more specific ideas about what they have if t

e.u. is already preparing retaliatory measures this is a but they probably were. european union cannot. react to that we've told you kind of reaction so really you need to introduce such a dispute. on the on the. level and through the knowledge and covering all those. measures do you consider is in part due to use on u.s. products such as motorcycles whiskey cranberries and oranges mexico is also contemplating countermeasures. are everybody's trying to digest what this all means let's bring washington correspondent claire richardson and correspondent just to help us make sense of all this claire want to start also with you if i may how is the commerce secretary the senate the american decision to slap its allies and biggest trading partners with these tariffs. well when the trump administration first announced these tariffs back in march they said that the tariffs were essential for national security reasons that having strong u.s. domestic production of steel and aluminum was important for national defense now of course key allies see them as unfair trade practices and trump really has a lot

e.u. is already preparing retaliatory measures this is a but they probably were. european union cannot. react to that we've told you kind of reaction so really you need to introduce such a dispute. on that of the on the w t o level untrue knowledge in the next coming hours called the by the similar measures do you consider is in part to tease on u.s. products such as motorcycles whiskey cranberries and oranges mexico is also contemplating countermeasures. on george washington correspondent claire richardson and from brussels or course on that. to both of you good evening clearly we start with you now as the commerce secretary from the u.s. defended the american decision to slap its allies and its biggest trading partners with these terrorists. the u.s. commerce secretary wilbur ross really tried to turn this on its head saying that european negotiators failed to convince washington not to extend id exemptions to these tariffs either another temporary one or a more permanent solution now this comes after months of anxiety about what the united states was going to do here we saw personal lobbyi

e.u. is already preparing retaliatory measures this is a but they probably were. european union cannot. react to that we've become the reaction so really you need to introduce a sort of a dispute. on the. love of country knowledge and that's covering all those called the balance sheet measures do you consider is in part to tease on u.s. products such as motorcycles whiskey cranberries and oranges mexico is also contemplating counter-measures. well now that everyone has had time to digest the news let's find out what it means with washington correspondent claire richardson and correspondent. in brussels good evening to you both clare want to start off with you how has the commerce secretary defended the american decision to slap its allies and biggest trading partners with these terrorists. the u.s. commerce secretary wilbur ross has essentially said that the european union failed to convince washington to extend an exemption on these tariffs and if you remember back in march when they were first announced to there was an outcry in the united states granted these exemptions to some of its key

ago the european union's foreign affairs chief federico greeny reacted to president trump's decision she says the deal is working and the e.u. will continue to stick to it the european union will remain committed to the continued and effective implementation of the nuclear deal we fully trust the work the competence and the autonomy of the international atomic energy agency that has published reports certifying that iran has fully complied with its commitments the lifting of nuclear related sanctions is an essential part of the agreement. the european union has repeatedly stressed that the lifting of nuclear related sanctions has a positive impact not only on trade and economic relations with iran but also mainly crucial benefits for the iranian people. a diplomatic editor james bays is live for us from u.n. headquarters in new york we know that president trump had a long score on the iran nuclear deal perhaps this decision will come as no great surprise but nonetheless what has been the reaction there. well i think diplomats from the other signatories to this deal were expecting this but they're still pained by a short tim

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r.t. . italy's main stock market reacted negatively as the political program contains a number of sweeping economic proposals a representative of the likely center right coalition told the radical plans a vital for modern italy we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the european you know in a strong way we are very focused on. democracy three that low we respect our alliances we want to be part of the e.u. . being stronger as italy. there's been a large explosion at a chemical plant in the u.s. state of texas reports say at least twenty two people have been injured two hundred fifty workers were on selling to the plant in pasadena when the blast it's not clear what caused it authorities say the blast posed no danger to the public. now the u.s. has lashed out at a u.n. probe into gaza violence we'll explain all after the break. it's. we have to judge countries and leaders at the rec. so

e.u. it could be soon contending with a major member state in all out rebellion donald quarter party italy's main stock market reacted negatively as the political program contains a number of sweeping economic proposals representative of the likely center right coalition told the radical plans a vital for modern italy we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to stay into the european union are in a strong way we are very focused on. democracy of our country the rolo we respect our alliances we want to be part of the e.u. . being stronger as italy. militants have attempted to attack the orthodox cathedral in the capital of the russian republic of chechnya killing two policemen and one worshipper in a culture that has the details. aren't militants attempted to storm and are to docks cathedral located and russia's republic of change police was quick at the scene on the local law enforcement shot before militants now the cathedral is the only art to the church located in the capital of the republic

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r t the stock market reacted negatively as the program contains a number of radical economic proposals we spoke to a representative of the now likely center right coalition we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to stay in to do you appeal to you know in the strong way we. are very focused on. democracy three that low we respect our alliances we want to be part of the e.u. . being stronger as. your program continues in just a. manufacture consent still will. when the ruling class is protect themselves. with the final. say. we have to judge countries and leaders directives. so we need more objective but the reality is. you know media tries to get the facts but also believe in. their world view so this is where social media and direct communication comes in unfortunately it's sometimes called fake news or sometimes but it's sometimes actually a different world view just fake news by powerfu

e.u. it could be soon contending with a major member state in all out rebellion donald quarter party. italy's main stock market reacted negatively as the political program contains a number of sweeping economic proposals representative of the likely center right coalition told the radical plans are vital for modern italy we came to the point where the final contract that is included in the most important things from the two parts we need to come down also the country and be able to stay into the you know in a strong way we are very focused on. democracy of our country that. we respect our alliances we want to be part of the e.u. being stronger as. militants of attempted to attack the orthodox cathedral in the capital of the russian republic of chechnya killing two policemen and one worshipper medina cocina has details. aren't militants attempted to storm an r.t. docs cathedral located and russia's republic of change police was quick at the scene on the local law enforcement shot down the four militants now the cathedral is the only art church located in the capital of the republic grozny and it is situated right and t

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r t well the stock market reacted negatively as the program contains a number of radical economic proposals and we spoke to a representative of the knowledge likely center right coalition we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the we're being a you know in this strong way we are very focused on. democracy three that low we respect our alliance is we want to be part of the e.u. . being stronger as. it is aussie international so with the world's media gushing over us today is royal wedding in windsor we take an alternative look in just about. we have to judge countries and leaders directives. so we need more objective but the reality is. you know media tries to get the facts but also leave. their worldview so this is where social media and direct communication comes in unfortunately it's sometimes called fake news or something but it's sometimes a different world view. powerful peo

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r t the stock market reacted negatively as the program contains a number of radical economic proposals and we spoke to a representative of the knowledge likely center right coalition we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state to do with being a you know in the strong way we. are very focused on. democracy three that low we respect our alliances we want to be part of the e.u. . being stronger as. well with the world of the media so if you know the u.k. and america gushing over today's royal wedding in windsor we will take a bit of an alternative look right after the parade. that's why too many flips over the years so i know the game and so i got. the ball isn't only about what happens on the pitch to the final school it's about the passion from the families it's the age of the shaper money. has been spent each year to the twenty million. it's an experience like nothing else going to b

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r.t. if the stock market reacted negatively to the news to you is the political program does contain a number of sweeping economic proposals representative of the likely center right coalition told us that such radical plans a vital for more than eighty. we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the european are you know in a strong way we are very focused on. democracy three that low we respect our alliances we want to be part of the e.u. . being stronger as italy is just gone a quarter past six in the evening here in moscow he watching not a could have a company still to come for you the media is pulling the race card on trump again but is everything as clear as it seems we'll take a look just after the break. you should. put themselves on the line. to get accepted or rejected. so when you want to be president. some want. to go right for us this is what. real people are. interest

e.u. it could be soon contending with a major member state in all out rebellion donald quarter party. italy's main stock market reacted negatively is the political program contains a number of sweeping economic proposals they represent the likely center right coalition told us such radical plans are vital for modern italy we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to stay to the you know in a strong way we are very focused on. democracy. we respect our alliances we want to be part of the e.u. . being stronger as. militants of the term to the orthodox cathedral in the capital of the russian republic of chechnya killing two policemen one worshipper on. the details aren't militants attempted to storm and our two dogs cathedral located and russia's republic of change police was quick at the scene and the local law enforcement shot down the four militants now the cathedral is the only art church located in the capital of the republic grozny and it is situated right and the downtown of the city and it c

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r.t. its main stock market reacted negatively as the political program contains a number of sweeping economic proposals a representative of the likely center right coalition told us such radical plans are vital for modern italy we came to the point where to find a contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the european you know in a strong way we are very focused on. democracy three that. we respect our alliances we want to be part of the e.u. . being stronger as italy. militants are trying to attack the docks cathedral in the capital of the russian republic of chechnya killing two policemen in one day in a coach and it has more. aren't militants attempted to storm and our two dogs computer located and russia's republic of chechnya police was quick at the scene on the local law enforcement shot down the four militants now the cathedral is the only r. to the church located in the capital of the republic grozny and it is s

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r.t. italy stock market reacted negatively to the news is the political program does contain a number of sweeping economic proposals although representative the likely center right coalition did tell us that such radical plans a vital for more than a silly we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the european you know in the strong way we are very focused on. democracy three that. we respect our alliances we want to be part of the e.u. . being stronger as italy. so in other news today militants have attempted to attack the author talks cathedral in the capital of the russian republic of chechnya killing two policeman one worshipper with more details his medina court. aren't militants attempted to storm and our two dogs computer located and russia's republic of change police was quick at the scene on the local law enforcement shot dab before militants now the cathedral is the only

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r.t. its main stock market did react angrily are angry negatively to this is the political program contains a number of sweeping economic proposals a representative of the likely center right coalition told us that such radical plans are vital for more than initially we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the work being a you know in a strong way we are very focused on. democracy three that low we respect our alliances we want to be part of the e.u. . being stronger as italy. company softening still ahead for you the media is putting the race trump once again because everything as it seems will take a look just off the break. apply to many clubs over the years so i know that. the ball isn't only about what happens on the pitch school it's about the passion from the families it's the age of the shaper money. spending to the twenty million. it's an experience like. because i want to s

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r t well italy's main stock market reacted negatively to the news to you is the political program does contain a number of radical economic proposals we spoke to representative that likely center right coalition we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the european a you know in a strong way we are very focused on. democracy three that low we respect our alliances we want to be part of the e.u. . being stronger as. watching our international still had the media is putting the race card on don't trump again but is everything as clear as it seems we'll take a look just after the break. dropping bombs brings the news to the chicken hawks forcing you to fight the battle but. to do socks for the tell you the gossip that. they. tell you on the cool enough to buy. all the hawks we along the border for. trade wars don't make any sense because the only way to keep these countries dependent on the do

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r.t. . well the stock market did react negatively to the news the program contains a number of radical economic proposals we spoke to a representative of the nih likely center right coalition we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the you know in a strong way we are. very focused on. democracy three that. we respect our alliances we want to be part of the e.u. . being stronger as italy. just going up to court three here in moscow now and still ahead this hour with the roll wedding in windsor under way the world's media is pouring over the ceremony at the moment as we speak but we'll be taking an alternative look just after the break. join me every thursday on the alex salmond show and i'll be speaking to us from the world of politics sports business i'm sure business i'll see you there. we have to judge countries and leaders directives. so we need more objective but the reality. try t

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r t the stock market reacted negatively as the program contains a number of radical economic proposals we spoke to a representative of the knowledge like least into a right coalition we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to stay in to do you a piano you know in a strong way we are very focused on. democracy three that. we respect our alliances we want to be part of the e.u. . being stronger as. well thanks for sharing some time with us here on r.t. international about a half way through the program so far with the world's media gushing over today's royal wedding and when we take a bit of an alternative look at it right after the break. with this manufactured game sentenced to public will. when the ruling closest to protect themselves. with the flaming. lips and neither will the city. nor middle of the room six. million new. trade wars don't make any sense because the only way to keep the

yesterday to the european commission to react and this morning def come up with a reaction saying that de de what aware of the case the spokesperson says and the e.u. attaches the highest importance to the freedom of expression and off the media which is quite important so i think it's very important that journalists of all strains of all opinions stick together in the west and in the east to to demand that this guy be free and that be explanations come about what has been done by the ukrainian authorities and i think they will stick together on this yeah we're hoping that is the case for cations if not of course for journalistic freedom and journalist always good not being the show thank you. football's biggest event is just weeks away after the break at manchester united legend peter smikle ticks is all made sure of another russian twenty eight dana host city the missing. woman was selling you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battle. to stop the predator tell you that would be gossip and tabloid reporters. off the back telling you pull it out by product. of the hawks that we along. with

e.u. and the commission is not very likely to be fulfilled but he is in brussels and stressed that nobody has a recipe how to react what to do and that's even a conspiracy theory now in italy that the you commission somehow influenced the president of the republic mr. tutu acts the populist government and to install this new good cow take a government so what where does this leave the interim prime minister who's heading the caretaker government got there they need he has to get all the mentoring approval of fussed bought in the meantime you already have these far right bodies warning for the huge protests in rome at the weekend. vigil be very difficult for mr quarterly extra he too to get the votes in the next week or maybe the at the end of this week in parliament to really start governing and this is a problem then the president of the state could call for snap elections maybe in october or even in september to solve this situation and there's a lot of uncertainty in the making for italy and in the markets that's a problem how with the markets react right in markets of course we all know hate uncertainty bend.

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r t. well the stock market reacted negatively as the program concerns a number of radical economic proposals and we spoke to a representative of the now likely center right coalition we came to the point where the final contract that is included in the most important things from the two parts we need this to come down and also the country and be able to stay in to do you a piano you know in this way we are very focused on. democracy three that low we respect our alliances we want to be part of the e.u. . being stronger as. so i could have you with us today here so far on the program on t.v. so with the world's media gushing over today's royal wedding in windsor we take an alternative look after the break. global war was still you on the idea that dropping bombs brings police to the chickenhawk forcing you to fight the battle is going. to do socks credit tell you that so be gossiped a couple of worth while for the most important news today. while i'm off of advertising tell me you are not cool enough to buy their produc

e.u. it could be soon contending with a major member state in all out rebellion donald quarter r t the stock market did react negatively is the program does contain a number of radical economic proposals we spoke to representative the center right coalition we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the european you know in a strong way we are very focused on. democracy come through that. we respect our alliances we want to be part of the e.u. . being stronger as. you're watching our international stills come with the world's media gushing over today's royal wedding when we do take an alternative look that a most doris' just off the break. so what we've got to do is identify the threats that we have it's crazy. let it be an arms race. spearing dramatic looking only. very critical. to sit down and talk. we have to judge countries and leaders. so we need more objective but the reality is. you know media tries to get the facts but also leave. their worldview so this is where s

european union's foreign affairs chief frederica mcgreevey also reacted to president trump's decision she says the deal is working and the e.u. will continue to stick to it. the european union will remain committed to the continued full and effective implementation of the nuclear deal we fully trust the work the competence and the autonomy of the international atomic energy agency that's published reports certify that iran has fully complied with its commitments the lifting of nuclear related sanctions is an essential part of the agreement the european union has repeatedly stressed that the lifting of nuclear related sanctions has a positive impact not only on trade and economic relations with iran but also mainly crucial benefits for the iranian people israel's prime minister binyamin netanyahu is an outspoken opponent of the deal he spoke in west jerusalem a short time ago and applauded president trumps decision to withdraw israel fully supports president trump's bold decision today to reject the disastrous nuclear deal with the terrorists resume in turn around israel as opposed to the nuclear deal from the start because w