she has been speaking to ambassador light heiser. she is going back to continue negotiations on a nafta deal that would include canada. we have more coming up. this is bloomberg. amanda: this is bloomberg markets. quÉbec-based elemental operates the largest network of convenient stores in north america with the circle k brand. much of the growth has come through acquisition. brian says that will continue. have been a key part of our dna over the years. we view ourselves as a consolidator. it is definitely part of our future plans. >> where you see the most opportunities. we are seeing gas retailers exiting that business. >> despite 10,000 sites in the u.s. we are far under 10% market share. we feel good about the u.s. economy. that is the platform. we are also looking at asia. >> you have an undertaking this rebranding across your network. how does that drive sales. help?es rebranding growing our not internal culture, giving us a common mission toward our customer. it is motivating when hundred 30,000 people that work for us every da

trade representative's office, robert light heiser in particular.they cannot quickly adjust and the tariffs so far imposed have not led to any meaningful concessions from the chinese. tariffs are counterproductive says this coalition led by the national retail federation. that is where they stand right now. keep in mind, the amount of billion in00 ofition, that is about half all the imports from china to the united states. >> we know the chinese have said they will retaliate. what can they do and what about their domestic push back, if any? heard from thee commerce ministry spokesperson in his weekly briefing, keeping it short, saying they will be forced to retaliate. they that trade imbalance, will not necessarily be able to retaliate tariffs on trade in kind. there are other measures that could be done, such as curbing rare earth. also market access issues. they could stop or halt or delay purchases of u.s. treasuries. that would be counterproductive. let me refresh what the spokesperson in beijing is saying. china will take necessary measures bas

steve mnuchin, the treasury development -- department and larry kudlow, it seems as though the light heiser-navarroeam are winning out. announcingadying, positions of $200 billion. when the consultation ends this thursday, that could be friday morning asia time, china has said it could respond with duties of its own on $60 billion of u.s. imports. it will be a very pivotal week whether this amps up into more of a trade war given the fact there are no negotiations planned at all. ford is the hearing latest falling victim of these tariffs. what is the detail? david: you could call it that but ford was planning starting next year to build this new focus active crossover suv, a small suv into china and exporting, but the new levies on it notit basically makes very economically viable. the ford president of north america saying resources could be better deployed. they were only protecting -- projecting to sell 50,000 in the u.s.. they sell 2.5 million in the u.s. domestically, so it is a symbolic victim if you will of the escalating trade conflict. ramy: looking ahead, i know that you are also looking t

most notably light heiser has been pushed to include our culture to which is at this point a no go for brussels with american agriculture products and american beef products with disputes about them not taking in a lot of our products that we would like to export to them. lauren: all this trade talk going on as the dow is up 85 points in the premarket so we will see how it influences the market. coming up, is syria planning to use chemical weapons? we will have the latest. of the maker of oxycontin is working on a new drug, but you will not believe what this is for. us futures looking pretty good this morning you are watching "fbn:am" at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. too hot to work? nah. this is the gator xuv835. with game-changing heat and air, it's never too anything for anything. with who we are as people and making everybody feel welcome. ordering custom ink t-shirts has been a really smart decision for our business. i love the c

the canadian foreign minister said to met-- meet with robert light heiser after the two sides failed to release -- reach a deal friday. president trump said he's ready to proceed with the deal with just mexico if that is what he has to do, but is still open to talks with canada. canada holding a firm line and prime minister justin trudeau says he wants to see another-- a number of things in a renegotiated agreement and said no nafta deal is better than a bad one for canadians. cheryl: that will be interesting. the nfl has responded to the latest controversy with colin kaepenick. he was named the face of nike's "just do it" campaign sparking backlash and praise from nike customer. lauren: while the nfl is citing -- siding with colin kaepenick. here's a statement: lauren: investors may have disagreed taking a look at shares of nike, they were down more than 3% yesterday and we at this news, the nfl will reportedly allow teams to accept advertising from casinos with certain limitations. the new york post reporting owners persuaded the league to reverse a long-standing ban that could add

as for nafta and the light heiser and the whole team have been in negotiations with canada, we continueeful that we sign on to the 21st century deal with mexico. so i will come over here and i will go back to you. >> i have a question about incremented qualities. have you seen them shrink and are you concerned about people that are poor, not just people that are in the county but people living below the poverty line? >> certainly think about it. while the new entrants that get the job, they go from having zero wage to having a wage but they don't necessarily show up in the wage statistics, those people are better off. a number of other ways that people are better off, too, because of the growth of the economy but also because of policies that have given resources to families that are needy. at the cea they put out a different report over the summer, over what's going on with poverty correctly measured. in the state department they are as important data coming out this week that will help us look at how income inequality has changed, not this year but over the previous year. my expectati

ambassador line heiser and my colleagues are working to improve our agricultural situation with canada, particularly in the area of dairy. when i first testified to the senate finance -- finance committee, i discussed how in terms of u.s. agriculture, we play offense. it is the confirmation of my fellow deputies, we are undergoing thorough analysis of future fda partners. we are looking into the benefits of potential partners in southeast asia. i look forward to working with asgress through this process these considerations involved. our dialogue with japan continues to be a priority for us. ahigh level of delegation -- high-level delegation of japanese officials came to discuss ways to expand our bilateral trade. these discussions are continuing. we fully recognize the importance of expanding market access into japan. we're determined to put our producers on a level playing field with other countries such as australia and the european union. trump andresident president uecker launched an initiative to promote more free, fair, and reciprocal trade. we understand that there are many sen

. >> another constructive detailed meeting with ms are like heiser and his team -- ambassador lighthizer. we are working hard. our officials have more work to do, and will continue working this evening. the ambassador and i agreed to meet again tomorrow. >> the japanese prime minister one his third straight term of the democratic party. defeat his rival. longest premier and he will carry on with a loose monetary policy that has strongestan in its growth since the 1990's. president trump will nominate nelly lang to one of the vacant seats on the federal reserve board of governors. fellow at theor brookings institution and specializes in credit markets. earlier in her career, she spent three decades at the fed, and help strengthen the banking sector after the financial crisis. the first private equity firm exclusively on the cannabis billionaires.hree the seattle-based was formed in 2010, and it investigated -- it invested in a top of $21 billion yesterday after surging 1200% in the past two months. global news, 24 hours a day on air and at tic-toc on twitter, powered by 2700 journalists a