european union than china. the decisions that to continue now where the season's first against the prince allies because the friends the allies like european union or like canada or like mexico where countries without any damn perry any customs and the protection is with the u.s. we were really in a very good relationships in terms of trade china already. has many many barriers with us so the decisions of trump are affecting today more european union canada mexico than china so this is why we are so angry with. and we would this is why our reaction is in terms of counter reactions to the u.s. but also in terms of turning to east what i think could be here a bit of slapping terrorists in retaliation to at hostile action is maybe a strong thing to do but that does not put an end to the trade war itself so is there anything else other than new trade taxes then you can do and turning to the east we can hope. the democrats can defeat trump in the next election system that says no one hears that he would be elected the first time but at the end of the day . i think you know trump is doing what he said in the electoral campaign i'm not surprised by the direction he t

has many many barriers with us so the decisions of trump are affecting today more european union canada mexico than china so this is why we are so angry with him and we this is why our reaction is in terms of counter reactions to the u.s. but also in terms of turning to east what i would think could hear a pin in a slapping terrorists in retaliation to at hostile action is maybe a strong thing to do but that does not put an end to the trade war itself so is there anything else other than new trade taxes then you can deal and turning to the east we can hope. the democrats can defeat trump in the next election system that says no one hears that he would be elected the first time but at the end of the day . i think you know trump is doing what he said in the electoral campaign i'm not surprised by the direction he took the point is that the direction is a wrong one because is the direction say by saying american first and american industry first is to the most racial that we can start with with trade wars and trade was among western countries among w two countries among west and east are t

trade war between the us is in full swing and trade deliberations continue related to the european union canada and mexico we now consider what the next impact upon businesses and markets to do so we are once again joined by the always cheerful and chock full of facts to see all of stocks will welcome less i appreciate having you back with us the first off in the u.s. we are seeing some record highs in trading today both the dow. and the s. and p. five hundred hitting new record highs if there are concerns about these trade wars doesn't appear that market participants have been given the memo do you think traders have a pollyannish view or are they simply expecting some u.s. china trade deal to come in the near future. i think there's two things that are going on first of all technically speaking the market has been in a bullish trend and the market is continuing higher as you mentioned today we had up over him a brand new all time highs in the dow and the s. and p. we had previously already done that in the nasdaq we're just going to continue higher so technically speaking the market has been

and the north koreans, and rubbish is a lot at his what should be his allies including the european union and canadaforth, actually series people in the white house are having a twin track presidency and serious people in the white house are trying to an sure that america's real allies which include us, are taken seriously. let's look at another story closer to home the daily telegraph, the new health secretary declaring war on old it systems in the nhs presumably something that's pretty overdue, but a tall order. yes perennial problem it governance systems don't seem to work when the script ambition is too big we saw with universal credit, with the reform, but he makes a good compelling argument on why he has to happen because of a tragic case of a 13—year—old who recently died of an asthma attack because when she was taken to hospital, the computer system was unable to link up with file, which is showed her previous medical problems in her life could've been saved. it's mind—boggling when we are sort of one hand weird told with facing the a byss one hand weird told with facing the abyss of biggie

countries like china, the european union, canada, they are increasing their co2.ear of the trump presidency, co2 is down. juan, explained that one. >> juan: maybe you kept your mouth shut and the hot air didn't get out. i will say you have us as the number one emitter of these gases. use they would make some steps to pull back, and therefore everybody else is to blame? i don't get it. >> jesse: we are decreasing. >> juan: and we should. >> jesse: china and india and the e.u. are increasing. >> juan: they haven't increasing increasing base of middle-class people, factories and the like. >> jesse: the e.u. is gaining a middle class? >> juan: china, brazil, india, they are building up. the idea is that the united states, as a successful economy with a large middle class, would set an example about the need for reducing co2. >> jesse: and we are. >> juan: no, we are not. >> jesse: that's why the statistics are what they are. >> juan: here's what "the washington post" editorial board said. guess who has just legislation to allow the expansion of methane gas released in

increasingly tough row to hoe in rural america as the trade war tit for tat with china of the european union plus canada and mexico continue the secretary's admitted visited forty two states on somewhat of a goodwill tour and he may have spread a lot of that goodwill but with the trays tensions increasing it's tougher sell now it is here to discuss is the author of bet the farm fred kaufman fred thank you so much for being with your great to be with us a lot of rural america was trump country back in two thousand and sixteen election and a lot of rural americans consist of farmers and ranchers and those in and around those small rural communities that are dependent upon farming or ranching and just at the beginning of july the u.s. imposed those thirty four billion dollars worth of tariffs on china and then china retaliated focusing on two things autos and agriculture now the trade war seems to be taking a toll on commodity prices and this is a lot of folks a role america concerned what's your take on it for. i think that the chinese really have the upper hand in the trade negotiations right now bart i

over one hundred seventy parties all of the european union australia canada japan etc are all parties to it but the united states refuses to ratify it and there's only two countries in the world that signed it in basel switzerland when it was first adopted that never ratified it that's one thing. and the united states. it's a big mistake to presume that guyana is the extent of the problem john it is easily accessible you get off an airplane with your hammer you go there and twenty minutes you can look at it that's why it's going to feature so much but don't think for a minute it's the only place it's happening on earth we know for a fact that it's far larger amounts of green and dealt with similarly in china india pakistan and other countries in africa etc so it is a widespread problem it's an economic driven problem so it isn't going to be confined just to gone. we may not have managed to test for everything but the five elements we did they are known to have negative health outcomes particularly lead in macquarie. the routes by which those other metals can we humans i'm old both so

doubt china has unfair trading practices and barriers, but creating a global coalition of the european union, canada, japan, south korea, australia and others against china would be far more productive at the end of the day. for years my democratic colleagues and i have urged this body to include enforcing labor standards in trade agreements and more forcefully use our tremendous market leverage to push back and unfair trade barriers. it seems we have to use our trade agreements to look more seriously at how we protect our jobs, our environment and our businesses from falling behind in our increasingly interconnected global economy. from stagnant wages to unfair working conditions abroad, to an collection will -- to intellectual property theft, which i focus on a lot because new jersey is at the apex of creating intellectual property, it is a tough world out there. we are still waiting for a strategy. a one-size-fits-all approach is not going to cut it. the president has said china is paying us billions in tariffs. is that true? >> everybody is looking around, senator. >> i appreciate your bravery a

i'm opening markets because right enough we have closed markets, whether it's the european union, china, canada, who charges 300% tariffs to our farmers. i'm opening up markets. my farmers, our farmers, i love them. these are great patriots. they say let the president do what he has to do. we're going to make the farmers wealthy. you look at what's happened to farmers over the last 15 years. you look at what's happened to soy bean prices over the last five years before the election. they went down 50%. the farmers were getting -- have been getting hurt in our country for many years and that's because they had artificial barriers, artificial tariffs, all sorts of things that made it impossible for them. i'm opening it up. you know the one that gets it best? the ones that get it best are the farmers themselves. these are great patriots. these are incredible people. they're going to do so well. but china is going and attacking the farm bill, our farmers. they're attacking our industrial with ads and with statements that don't look like ads. it looks like they're editorials and they're not, they're

if we work with the european union, japan, canada, our allies , i think we can achieve a lot with china. tom: within this is a republican moderation. you represent the economics for governor romney and various members of the bush family. can republicans get back to a more sophisticated dialogue on economics and political economics, or is there a permanence to the trump populism and the trump certitude? has a i think populism lot of forces behind it and i think parties on both sides probably ignored things right in front of their face. the nation deserves a serious discussion. i happen to be a conservative, but it would be true on the left too. we need to have a debate about ideas, not cap calls. we must turnardn, to education. you are retiring as dean of the columbia business school. where do these schools need to be in 10 years? whether it is columbia or the other esteemed top 20 schools. where did the need to be within the mba curricula 10 years out? glenn: we are seeing a huge evolution in what leadership is and the scope that a leader needs. a handful of great business schools have

canada's deal eliminates a lot of trade barriers with the european union, and canada doesn't have to budget, nor sign up for freedom of movement. you can see why that idea pleases brexiteers, like boris johnson, the former foreign secretary. it allows us properly to take back control of our laws, which you cannot do under checkers. but that we lose control of our laws. the laws are made in brussels. they are imposed on the uk. we have never had anything like that in 1000 years. this is very exciting. but it's not the answer to everything. chris cook from bbc‘s newsnight put it bluntly... that's a major sticking point in the negotiations, because after brexit, the irish border will become the only land border between the uk and eu. brexit is also dominating the opposition labour party, which is holding its conference in liverpool, which is where our political correspondent rob watson is. i spoke to him earlier, and asked if theresa may is still sticking with her brexit plan. she is, very much, do get you could sum it up as that great old british principle, keep calm and carry on, they

strategy would probably be to do work behind the scenes and to team up with other countries canada and the european union but not to go it alone now let's talk about what china could do because with china importing far less from the u.s. than the other way around the possibilities to respond with tariffs on u.s. products are rather limited could they retaliate via the bond market do you think. well i think china has a lot of possibilities to retaliate and they could actually make life much harder for us american companies that are active in the united states this doesn't have to work through tariffs they could just make they could erect minnesota barriers they could actually force more joint ventures on the americans they could actually give preference to u.s. competition which actually there have already if you look at the car industry they have lower tariffs or they have now have lower tariffs for cars for countries outside of the u.s. compared to the united states so that's why actually they can put lots of pressure on american companies in different ways and was really looking back at the u.s. you've

he will take on canada, the european union. he is more focused on china in particular. he thinks it was a mistake to have china's accession to the world trade organization because it cost american jobs in manufacturing. he says china has to be the main focus on trade. , he said interesting any deal where light houser is not responsible doesn't see the light of day. what is his background? where does he get these views? >> he has a long history as an insider in washington. he is shaped by his experience as a lobbyist for the steel industry. chinese steel is dominating the world and puts pressure on american steelmakers, most of them have gone out of business. is one of theat formative experiences for him. shery: peter thank you. story take out -- check out business -- bloomberg businessweek. amanda: light heiser and the -- canadian foreign minister rn continued nafta talks. it is not expected they will hit a deal this week. nadine officials are downplaying the deadline. tillman forjennifer more. she is a professor of law at georgetown law center. great to have you with u

european union, turkey. you have these governments, canada that are pledging billions of dollars as a result. >> ireland just said they're upping their commitment. >> ireland should be praised. what they just announced is extraordinary. >> $800 million a year to 3 billion. that's almost 1% of the income. >> .7% of the total gdp. it's remarkable. i think the irish government like the u.k. government should be praised. like some of the scandinavian governments. >> hugh evans thank you for coming down. >> thank you for all your hard work. >> thank you, absolutely, happy to be here. >> we have more folks on stage at this moment. there's been a variety of big commitments announced tonight. the one from ireland i announced earlier, really remarkable. i just -- when he's talking .7% of gdp. that's not .7% of the government's budget, that's every cent that flows through the irish economy. when you think about it in those terms, you think about how the amount of money to eradicate global poverty is clearly there. think about, what if every rich country in the oecd got to that level or to 1%. if one out of every $100,

canada. the european union is threatened by brigs and the rise of right wing populist party. russia continues to challenge the west in syria in ukraine and elsewhere. and china is actively pursuing its foreign policy goals. but the german government seems focused only on itself does germany still have a role to play in international politics. germany still have a role to play in international politics of course yes but frank germany's president has been quoted in vast couple of days as saying he's astonished how closely people around europe have been following domestic developments in germany in whole concerned they are. what do you think they see when they look at germany at this point in time address they see what i see what i'm concerned is that there are these big issues that are actually not being debated. when in fact germans think that ok they're they're doing a list of little things that they're being kept there they're keeping themselves busy they they're realizing that because of this dysfunctional coalition and which weakens the chancellor that there is no leadersh

china has unfair trading practices and various, that by creating a global coalition of the european and union, canada, japan, australia and others at the wto against china, would be far more productive at the end of the day. for years, my democratic colleagues and i have urged this body to include enforceable labor standards in our trade agreement and to more forcefully use our tremendous market leverage to push back on unfair trade barriers by our global partners. it seems we have to use our trade agreements to look more seriously at how we protect our jobs. stagnant wages to unfair working conditions abroad to intellectual property theft, something i focus in a lot because new jersey is the apex of creating intellectual property. it's a tough world out there. so we are still waiting for a strategy. the one-size-fits-all approach just isn't going to cut it. i would like to ask the panel this. the president has said that china is paying us billions in tariffs. is that true? >> everybody's looking around, senator. well, i appreciate your bravery in coming up to answer the question. >> china, let me ju

because right now we have closed markets whether it's the european union or china or canada. >> juliebilateral meeting with the prime minister of japan shinzo abe and the president derailed just a bit about the questions about the latest accuser and now back on topic there. now more on potential fallout from all of this, let's bring in chris stirewalt editor of "halftime report" always good to see you. >> yes, ma'am. >> julie: another whirlwind of a week. the president said there first of all he first attacks michael avenatti and his credibility as a lawyer. he didn't necessarily attack this latest accuser. but he does make an interesting point that at this point, virtually anybody could come out and accuse brett kavanaugh of virtually anything. and it's up to brett kavanaugh to prove his innocence, which then goes the question whatever happened to innocent until proven guilty? >> well, whatever happened to picking a supreme court in some sort of rational or normal way, i think would be another question. no living human, outside of those who are involved can know the absolute truth of

like you think the direction is moving more towards norway and then on towards canada type relationship with the european union britain want to get to that, what has been known as canada plus, can it get that? and is it something that would be politically tolerable? the point nick boles is making is that if you do normally, you can negotiate only position of strength for canada plus, i do not know if they are going towards that but what i know is that when brussels looks at the division within the tory party, it is asking for the theresa may can carry the chequers plan and why are we investing such effort in negotiating with dominic raab the brexit secretary? other thing that strikes me from what we have heard today from brussels, is that if it is not the brussels plan, there is not enough time to come up with a new sort of plan that we have not heard of before, and it will have to be something that is off the shelf. yes, andi be something that is off the shelf. yes, and i guess the theory is that if you are going tojumpjet, you should do it soon because the clock is ticking. --junk it. sparks are expected to

doesn't see any need to actually cut those card tariffs at all so yes mexico canada this is one side of the story the european union as are all different one and at this point it doesn't sound too friendly what three year out of washington when it comes to trade it was the european union and if we talk about china next week maybe tariffs on china's growth in the amount of two hundred billion dollars we'll kick off and we await that yes quarter for us in new york thank you yes the international monetary fund says it will work closely with arjun tunnel thora teams to strengthen the country's i.m.f. supported economic program and expressed confidence the south american country will overcome its present difficulties ainus managing director casino galaxy stressed that argentina has the full support of the fund she set to meet with argentina's treasury minister and his team for talks on tuesday seen as currency to pay still has for an almost twenty percent in the past week alone driven by these in the country would not be able to meet its debt payments. small businesses in germany pretty much like anywhere don't like to

expanded tohey are auto parts coming from canada or european union, toyota imports parts for its route from canada, but this could have a knockdown effect. ramy: later in beijing, president xi has a speech promoting the belt and road initiative. what can we expect? is he trying to change the narrative coming out of beijing versus trump in washington, d.c.? stephen: this is an opportunity as he addresses african leaders to kind of dissuade the fears many people are starting to have about china's rising influence, and the potential rise of debt levels along the belt and road. she's in paying has long used the term "soft power". keep in mind, with donald trump announcing his not going to be notg to papua new guinea, going to the aussie and summit in singapore this autumn, that leaves an opening for the likes of president xi to grab the narrative at a time where donald trump and his tweets seem to be grabbing the headlines. ramy: where one receives, another advances. stephen engle, thank you very much. we will have more on trade in a moment. test says china could face the strongest impact

china, a country that can do things back to us, you do not simultaneously go to war with canada, with the european unionan, but south korea. this is what is giving people anxiety. they are not sure if trump knows what he is doing. they get that if you make the whole world your enemy, we will not be in the position to mobilize democratic countries against our number one competitor. david: if you should win president trump will still be president. most pundits think the senate will be republican. what could you do that lance cannot, or what will you stop that leonard lance cannot? even in an -- tom: republican congress there are bills that are bipartisan, that people want to see past that could pass if only the leadership were willing to let them get a vote. we could pass a bill on universal background checks for gun purchases if mitch mcconnell and paul ryan are willing to get a vote. we could pass a bill to protect the dreamers if we could get a vote. bill to deal a with property deduction issues if we could get a vote. bill toblicans passed a reverse the trump administration's decision on net neutralit

european union. it would be much better to canada plus plus plus. we want a broad free-trade deal, that would be the best and there is still time to do it. i very much hope that we, last week, the european research group, we published a paper on northern ireland and the republic of island, which has been an impediment. we show conclusively that using existing technology and systems, that problem can be solved to the satisfaction of the eu. so you do not prejudice the integrity of the customs union. we will not need checkers. 18 members will vote against it and the labour party last week said they would vote against it. let's just park checkers, forget about it put it to bed. , start talking now about a free-trade deal between the u.k. and european union. >> i am nathan and a student at the university of richmond. for the past decade, the eu and u.s. have been the largest trade partners in the world and seems the u.s. has benefited quite a bit, from a technological and agricultural standpoint. what would a u.k. negotiating with the u.s. and eu negoti

the united states have always thought the best way to confront china is by allying with canada and the european union. the president has decided instead to anger all of those allies and go it alone. part of the reason the politics are so stark right now is because there is no hiding. this is president trump and president trump alone waging a trade war with china. >> we are a minute away from hearing the president. to your point, the transpacific partnership was designed to stand up to create a counter balance the chinese might in the neighborhood. it was an obama negotiation and president trump pulled out saying it helped china. we are about to hear from the president and i think it's key. let's stop the conversation about trade for a minute. yesterday when it came to judge kavanaugh. i don't know what he is going to say yet, but he's always meeting with the president of poland considering sanctions for steps for which the united states of america has been silent about because he has a bond with the president of poland. what are you looking at here. here he is. the president. >> any way, shape, or fo

european union, that is a huge amount of money. there is no need for us to be paying money for a mutually beneficial deal. the canadaals without paying that money. if we leave without a formal trade deal, doesn't mean we won't strike one in the future and the idea it'll take two years or more to strike one with the eu is i'm afraid nonsense. we start from a position where our standards are the same and what we should be looking for now is a deal similar to that with canada where we trade without tariffs. 0f course, leaving without a deal has other advantages. with trinkets—mac we would save money on the divorce bill. we would get the benefits of brexit much earlier without the transition. there are significant benefits from us leaving further european union in that we will be out of this protectionist wall which the eu sets to countries outside the eu and which forces prices up to uk consumers. but our economy or do you accept our economy has been constructed over decades because we are part of the single market? and any change to that is surely going to have a knock—on effect on businesses and the wider economy. sh

but there's no reason why we should have pulled in mexico and canada and the european union in thosed aluminum, especially when we're seeing retaliation against wisconsin-made products and harm to wisconsin workers. >> reporter: now, there is harley davidson, to be clear, ali, they are planning to increase production overseas for their motorcycles that are sold over in europe specifically. i asked a couple folks yesterday, a couple riders here from wisconsin about that very fact. >> it's a huge issue right now and there's a lot of people that are very concerned about it and what's going to happen to u.s. companies as a result. i am going to continue to vote republican because i agree with most of their policies. if long term this kind of stuff continues and we keep pushing jobs offshore, that's going to be a problem. how long until it would cause me to vote the other way? >> reporter: correct. >> i don't know. i'd have to see. >> reporter: do you understand harley davidson's decision to move some of their operations overseas? >> absolutely, i do. for keep costs affordable for everyon

strategy would probably be to do work behind the scenes and to team up with other countries canada and the european union but not to go it alone now let's talk about what china could do because with china importing far less from the u.s. than the other way around the possibilities to respond with tariffs on u.s. products are rather limited could they retaliate via the bond market do you think. well i think china has a lot of possibilities to retaliate and they could actually make life much harder for us american companies that are active in the united states this doesn't have to work through tariffs they could just make they could erect minnesota barriers they could actually force more joint ventures on the americans they could actually give preference to u.s. competition which actually they have already if you look at the car industry they have lower tariffs or they have now have lower tariffs for cars for countries outside of the u.s. compared to the united states so therefore actually they can put lots of pressure on american companies in different ways and will be looking back at the u.s. you've said

if canada wants to join the deal with mexico, they have the -- to the end of this month and robert lighthizer is also dealing with china and the european union is going to brussels next week to deal with the eu. if canada wants a deal, they need to act quickly. vonnie: talk to us about the talk -- theyy can cannot talk every day in september? >> no because robert lighthizer has a full plate. the talks with china and the eu. the u.s. is threatening to impose tariffs on $200 billion of chinese imports. that will take up a lot of his time. this trend of robert lighthizer meeting everyday with the canadian minister may have to subside because he will not have enough hours to do that. vonnie: our thanks to randy woods and washington, d.c. time for the bloomberg business flash. shares of tesla are lower. an executive resigned after one month. he cited a level of scrutiny on the electric carmaker and has no disagreements with their leadership or financial reporting. the human resources chief has decided not to return. tim armstrong is in talks to -- he was unsuccessful in building his unit into a digital giant time he came to verizon when it acquir

and elsewhere with trading partners, canada, the european union. him inuld presumably put a more difficult position as he tries to negotiate a deal with china. they are also probably watching the canadian prime minister, justin trudeau, because he is holding tough in these talks, so how that plays out will give china something of a guideline for how they will proceed also. they are continuing to hold the hartline as well against trump and there will be no really fresh negotiations with china to resolve those differences. sobczyk,hank you, joe joining us from d.c. we have been talking about these new tariffs. 200 billion dollars of chinese exports to the u.s.. there is a yawning traded imbalance.trade options are limited. let's bring in stephen engle. factions being brought out from these nafta talks. how should china proceed from here on forward? stephen: they cannot really retaliate in kind on the trade front. the u.s. of course importing the bulk of that $505 billion, exporting just -- bloomberg intelligence crunched members. it leaves china $45

i think the european union has shown signs with canada and japan as well.should go forward with negotiations with brazil and argentina and so on to give a different perspective. i think many countries in the world, if you look at india or china or brazil, are giving signs that they want more open. i think it is a very interesting opportunity for industry in to reachd in the u.s. new trade with these countries. i don't think we should focus to much on the past and the deficits we have. we should look forward and see where our developed economies can be more competitive. alix: that is the global outlook regionally, there are -- outlook. regionally, there are concerns about italy. the oecd said the associated decline of equity prices and italian banks demonstrated a pace in which european vulnerabilities can reemerge. is italy toa threat your economy? italy is not our major partner. france are.ny, and italy should be a focus of concern. institutionspain -- european traditions are resilient. in the perspective of portugal, we have had the revisions of our numbe

china, canada, mexico and the european union have imposed retaliatory tariffs on soybeans, corn, wheatral products produced in the united states. the price of some of the products have fallen since the trade war began. soybeans which account for more than half of all u.s. agricultural exports fell sharply. take a look at this. after the tariffs took effect in june, china imports roughly 60% of all soybeans produced worldwide. corn prices also took a big hit after the tariffs took effect. the prices are rising again just a little bit, but they haven't fully recovered. and the price of lean hogs which makes up most u.s. pork exports have dropped significantly, as you can see here. it is predicted farms across the country could see their incomes decrease this year because of falling prices and exports. some farmers could see a 30% drop compared to last year. so the federal government is stepping in to help farmers by offering up to $12 billion in temporary relief. that includes making direct payments to farmers, buying excess supplies of beef and other products and identifying new markets

canada plus plus, he‘s talking about adding in financial services... a better deal. it has legitimacy because we are more important to the european unionay. i think you can chip away at those and make them both better. because of oximetry, our history and our importance as an economy, but the problem with that is if we came out with a better deal than canada was the first thing that is going to happen? canada or norway will knock on the door and say we want what they‘ve got. on the door and say we want what they've got. fascinating stuff, i feel like i‘ve done my homework now. as an exit treaty has still not been agreed, much remains unclear — not least for! million or more british citizens who‘ve left the uk to make their home in other eu countries. our europe correspondent damian grammaticas has been to bulgaria where up to 10,000 uk citizens are now living. he asked them what drew them there and what they think the future holds for them. it‘s happy hour, saturday party night. brits and bulgarians mixing in the wolf den pub. we‘re almost 2000 miles from the uk. brexit seems a million miles away. darren wood, a former train driver fro

canada. we are negotiating with the european union, we are negotiating with japan and as i say we stand readyh china any time if they are following to move towards serious talks to remedy trade problems. dagen: business leaders issue new warnings about the implications of this dispute and the tariffs, we take a closer look, we are looking at rebound this morning, futures are showing this, 59-point gain on the dow futures, this after declines across the board yesterday, the blue chip shedding 92 points yesterday, the technology sector hardest hit over, you guessed it tariff fears, checking global market action in europe, england, frabs and germany we have gains across the board although slight in asia overnight it was the same story, we had gains on all four major markets there with the shanghai gaining 1.8%. so making back and then some its loss from monday. from the latest battle on capitol hill, the nomination of brett kavanaugh, brett kavanaugh and accuser will both testify in public on monday. really incredible developments there. say so long to fomo, new acronym to learn, fobo, what it m

canada is still in talks. he has also hit the european union with import taxes on steel and aluminium — to try and protect us metalworkersate with tariffs on us goods from whisky to motorcycles — but an uneasy truce has held sincejuly. and he's sparked off a major trade war with china — that has seen billions of dollars of goods taxed on both sides. the trump administration is threatening tariffs on a further 200 billion dollars of chinese goods — effectively everything it exports to the us... he has even raised doubts about the future of the world trade organisation — which sets the rules for international trade — threatening to pull the us out altogether. joining us now is cailin birch, who's a analyst at the economist intelligence unit. donald trump appears to be single handledly dismantling the world's trading status quo. did we need this shakeup? the news has been overwhelmingly negative and that's not surprisingly buhriz valid point, there's a lot of growing consensus within washington and from the democratic and republican side that america has struggled with tech transfer and all the non—transfer struggled with t

it would seem that provoking a trade war with mexico, canada, and the european union, when the issue fundamentally is with the growth from all of our farmers and ranchers in the west will come from the pacific rim, that is insane. >> senator? >> thank you. ambassador, thank you for being in nebraska earlier this week. we had a great roundtable with about 50 egg producers and business people within the state. -- theye with you agreed with you on your kindness -- comments with china. when you talked about the youteral agreements, touched on what might be happening with you can in your earlier western. do you want to tell me how we are going to get back to japanese market back and be able to grow it? >> as we begin to have these conversations, i get pretty passionate. this is now my 26th year in this town. the vast majority of that time has been spent working on these kinds of things. these are difficult issues to resolve. my first job out of graduate school was in portland, oregon. i worked on the discussion between the evolving relationship between japan and the u.s. it is personal, b