health impacts or noise effects.or example, there are two mitigation measures that address construction noise. these are the state-of-the-art construction noise mitigation measures. they include things such as mufflers on equipment, barrier fences, shrouds, and really all of the measures in which we are able to reduce construction noise impacts, and with respect to health risk in particular, and there was a number of speakers who commented about dust impacts. there is a required dust control plan and reviewed and approved by the department of health to specifically address health effects of construction dust on adjacent receptors including the school children. with that, the department will conclude our presentation. >> supervisor: excuse me. >> same thing about -- >> supervisor: excuse me. no outbursts in the chamber, please. next speaker. supervisor ronen. >> supervisor: starting with the school since you just ended that, given that, as you heard from many of the public commenters, the children at said rodriguez ar

about the construction related impacts, i want to briefly summarize some of the principal impacts. they were all mentioned but not really in order. you can get a sense for, yes, this project is very long and very detailed. and the technical background studies done adequately addressed all potential impacts on the surrounding school. there was a project specific sight mitigation plan that was approved by the department of public health, and that includes wind screen and monitoring in the ability for the department of public health to ask for enhanced measures. there's a project specific noise continuation plan that needs to be prepared by a qualified acoustical consulted and reviewed by the department of building an inspection before construction can begin. there's a mitigation measure that we discussed. the project also complies with san francisco post as a noise ordinance, which this board has passed that incorporates a number of construction mitigation measures. it needs to comply with san francisco's dust control ordinance and comply with the host of regulations related to green

no. 1, the impact in the arctic that is impacting the u.s., for example, 95% of wild salmon comes from alaska and many people like to eat salmon. so that's an impact that people are experiencing today now, but also alaska is experiencing climate change today in a way that a lot of the country will eventually -- some parts of the country and other parts of the world will experience even more over the coming decade. so it's sort of a canary in the coal mine. >> in what way? >> because of the impacts there are already happening. the warming is happening twice as fast there. it's almost a preview of sorts, what scientists say is likely to happen around other parts of the world. of course, alaska is not the only part of the u.s. that's experiencing climate change. i think florida is another prime example of where climate change, particularly sea level rise, is already happening. >> take a look at this interactive map on the nasa website, nasa.gov. as you scroll across, what happens with the level of sea rising? in that red area is where the sea comes up and it looks on that map miami and ne

all commodities are being impacted. in minnesota we are hearing the most from our members that are growing soybeans. page 3 of my written testimony clearly shows what trade uncertainty has done to our prices. low prices are causing negative impacts on our farm income. bottom line, lost sales lead to lower prices. many decisions and farming are not made week to week. we have to make decisions a long time before our crops are planted, much less harvested. we understand there are things out of our control like the weather. we can manage some of that risk through crop insurance and other risk management tools. we didn't know the level of trade tensions we would be experiencing. and the serious price impacts they have on our crops as we move to harvest. impacts of terrorist -- terrace -- on tariffs is keeping us up at night. there are economic challenges in agricultural and also in rural communities. agricultural exports are important economic drivers. if you lose the market, it is hard to get it back. we cannot afford to lo

is a negative impact on one company in particular.ley davidson. the secretary was asked about that situation in particular and the president asked harley davidson after the company made the announcement that it would be shifting production outside the u.s., the president asked for the company not to do that he didn't know what the end result of that conversation was. but interesting that that happened finally, i also want to let you know he was asked about retaliation, specifically from europe he said that they are very focused on blunting the impact of retaliation and said that there's a meeting at the end of july between the eu and the u.s. here in washington where that will be the topic of the day guys >> all right thank you, kayla >> now let's get back to the impact on markets. mike san toll i is with us mike, the dow is mostly higher only two be components >> a lot of the trade talk for the gegeopolitical frick shons, there has to be -- you have to see emerging markets melting down and some kind of rupture in the capital markets

found that wind impacts would be less significant. with the projects, wind impacts would be significant. while design measures could reduce wind impacts, it was determined to be significant and unavoidable. a hearing to receive historic preservation commission comments was june 20, 2018. i provided you with a copy of the h.p.c.'s letter. they concluded that it would be a is aisignaturis ainsignifican recommended adoption of the project due to overriding considerations. they also agreed to expand the scope of the document asianat n asianationatiasianation -- documentation to include the block. for members of the public who wish to speak, please state your name for the record. please speak slowly and clearly so the court reporter can make an accurate transcript of today's

in q2 partially because of when it went into effect and there's one month of impact in revenue. think there will be some modest impact and they do say that the vast majority of their users are still opting in to allow facebook to use data and their information to target them so saying that they do expect there to be some impact from how advertisers use their own data for targeting, but they're trying to walk through there and the full impact of gdp of which we'll see more of in this next quarter. back over to you >> julia boorstin. shares are down by more than 23%. we've been talking about the unprecedented down with the shares to put it in perspective and this is from pension partners' charlie borello, it is equivalent to the market caps of ibm, mcdonald's and nike combined that's how big this drop is. >> look. it's massive and again, this is an overweight stock and a very popular trade as dan has been pointing out twitter, by the way, reports on friday and they've been trading alike in these kinds of situations and people compute the same problems that they have with security

notice some specific impacts on south dakota. according to usda foreign ag service 95% of the exports from our state go to the top steel exports. 84% of our exports go to the top aluminum exporters. obviously these markets are very crucial to us, and the retaliatory tariffs hurt our state tremendously. i'm hearing more from farmers that they still trust with president trump is doing and he knows what he's doing and everything will be fine in the end. we understand that other countries, particularly china have not played fairly and we respect his desire to remedy the situations. the problem is those countries know just where to punch us back in a dispute situation and that's agriculture products. through no fault of our own and unintentionally, i believe, our industry ends up being used for leverage. patience among farmers is running out as we get closer to the main selling season. as of yesterday since the end of day, soybean futures have dropped 20% and corn about $0.65 a bushel. the markets react daily. this issue will show up

but the impact ultimately has been just that with that so she oh economic impact.our ambassadors one of the things that we take credit for that our team did was to talk to the ambassadors. but then you hear this broad power not just the industry or the diplomats they have people feel the caring and compassion. it was a global effort with the global fund but there were 30 or 40 other countries that participated so it was caring and compassion of humanity. so using medicine or health or diplomacy is a real thing. i've always said medicine is a currency for peace. but the military might is absolutely protective of our freedom and democracy. but the cost of success of this broad bipartisan people supported is that caring and compassion and health can be a true currency for peace and understanding. but on the ground you have some type of aid coming into save the life of your child $1.50 that breeds faith in humanity. so you don't go to war with someone who just saved the life of your child. to use that his strength just like we use military. >> letter some of the other

their impact can no way be equated with bicycles in terms of traffic or in environmental impact. lastly, the proposed intensity of the development and relaxing of the development controls have not been equated -- evaluated with respect to state density, in the e.r.r. and it references these laws on page 2-22, but only in reference to increase heights. the derr references the bonus for affordable housing projects on page 6-2, but says that the increased number of units is not considered for the deir. and it's incomplete, if it does not complete the study the impacts of increased heights and the number of units for both affordable and market rate housing. thank you. >> hi, supervisors. my name is chantelle labrento and i'm continuing with points in our appeal. first, the economic impacts from displacement were not ann liced in the eir and there's environmental impacts due to the displacement of residents from their homes or small businesses in soma. especially when considering the huge increase in the vehicle miles traveled that will result in this proposed central soma plan. the g

terrorists are severely impacting our three largest areets, canada -- tariffs severely impacting our three mexico,markets, canada, and tied up. president trump talks about our need to export things we make. americarural perspective, you also need to export the things we grow. we recognize over 95% of the worlds population does not live in the united states. we must work together to protect, modify, and modernize our current trade agreements. we must work to expand our market opportunities through new trade agreements. we needed to resolve the trade concerns before resorting to terrorists. we limit trade disruptions and resolve trade disputes and negotiations, not fromfs, and not withdraw other trade agreement discussions. we must be at the table. once you lose the market, it is tough to get it back. opportunity toe appear before the subcommittee, and i look forward to answering your questions. mr. chairman: you are recognized. >> thank you, mr. chairman. i am a farmertt, from south dakota. we are a family owned operation. father is there, and my son is learning to manage earlier than

the last impact of which remains to be seen. the lasting impact of which remains to be seen. we have seen familiar moments in history. there is no excuse for these actions. so today, i am happy to join supervisor fewer as a co-sponsor on a resolution opposing the current practice of separating children from their family. i would like to request we close today's meeting in the memory and recognition of the millions of black people held in captivity as slaves, whose names we will never know, whose stories we will never know, and of course for the children and the family currently entangled in this horrific saga of misguided state sanctioned immoral violence. the rest i submit. >> clerk: thank you, supervisor cohen. [ applause ] madam president, seeing no other names on the roster, that concludes the introduction of new business. >> president breed: thank you for your comments. and with that, we have a 3:00 p.m. special order. and madam clerk. >> clerk: items 35-38, madam president. these items were continued from february 13th 2018. >> president breed: yes. let's call our first

impact on hiring?is interesting is u.s. manufacturers hired 36,000 new workers in june, the most since december. the fact of the matter is i think it shows full ability of the u.s. economy because so many tariffs will go on manufactured goods, appliances, vehicles, computers. that shows polar ability for the federal reserve and economy. 21,000 workers in june. you can blame the internet but you have to ask yourself will the tariffs hit retailers, walmart, most of what they sell comes from china, will that impact their business is and the economy? ramy: you will stay here for more. let's bring in all sheared, a former -- paul sheerd. keeping very busy. i want to get your initial reaction to the breaking news we have heard. david davis resigning as brexit secretary. the british pound is pairing some of its gains. earlier it was up to 1.3325, now it is 1.329. so clearly investors are not happy. paul: when in to see the details of what was the stated reason for the resignation. i am guessing coming out of

we have not yet seen any negative impact.we are monitoring carefully the impact on uncertainty and investment. >> even as of today, the actual tariffs were a small part of our global trade. that is soon to change if the 200 billion that has now been threatened against china comes to be in 60 days. my last question i would have is, i'm curious how the administration thinks about the possibility of a global recession. in the u.s. we are facing rising interest rates, the fed needs to have an orderly wind down of its balance sheet, you know better than others that we may be looking at an inverted yield curve at least historically it has been a leading indicator of the recession. we know about tightening monetary policy and other segments. there is already a threat to economic growth, how do you factor that in again to the administration's trade policy, what is the risk? >> me just comment specifically, we do not have a inverted yield curve there's a flattening of it, that is somewhat reflects people's future views of rates aware

we think that these are negative impacts that are avoidable. we're trying to work with pg&e, as the general manager mentioned, to come to further agreement so we can avoid them together. they are, frankly, accumulating, though, affecting many san franciscoens. there's a loss in revenue, waste in city funds in trying to remove the roadblocks and increasing emissions -- >> ms. hale, before you move on. with the mta toilet, you found another way to provide that power, so that's up and running, but four months late, so who know what is the drivers did in those interim four months. >> i didn't inquire. >> the waste on the streets that i hear about on a daily basis from my constituents. the balboa pool, i would like to know what happened to all of these projects. >> balboa pool is under construction. what about the senior housing project. >> jfk tower is still under construction. we're trying to find a constructible solution consistent with the path forward that the general manager said was discussed. we hope that will receive service. >> do you know

it takes a while for these impacts to hit. right now, we're just beginning to see the impacts of the steel and aluminum tariffs that went into effect in march. so today we have this new trade fight, this escalated trade fight between the united states and china. again, it's going to take a while, several months probably, for the impact to show up. but the real thing to watch is what's coming next. saying president trump has the ball in his hands and he has threatened far more tariffs on china, potentially another $400 billion in tariffs on china. he's also threatened tard relationships on autos, car, trucks coming into the united states. that would be an impact of $360 billion. those numbers are far bigger. we have tariffs on $85 billion. you can see how quickly and big this would escalate if trump pulls the next move. >> david, the jobs numbers were expected to be about 195,000. as we said, they're 213,000. and yet the unemployment rate ticked up from 3.8 to 4%. how do you interpret these numbers? >> yes, i think the economic

notice some specific impacts on south dakota. according to usda foreign ag service 95% of the exports from our state go to the top steel exports. 84% of our exports go to the top aluminum exporters. obviously these markets are very crucial to us, and the retaliatory tariffs hurt our state tremendously. i'm hearing more from farmers that they still trust with president trump is doing and he knows what he's doing and everything will be fine in the end. we understand that other countries, particularly china have not played fairly and we respect his desire to remedy the situations. the problem is those countries know just where to punch us back in a dispute situation and that's agriculture products. through no fault of our own and unintentionally, i believe, our industry ends up being used for leverage. patience among farmers is running out as we get closer to the main selling season. as of yesterday since the end of day, soybean futures have dropped 20% and corn about $0.65 a bushel. the markets react daily. this issue will show up

we will see in impact from that.t to which that impact is mitigated or we feel the full force of it, we do not know. only time will tell. that weing to make sure continue to diversify as much as we can. it has been about bringing down trade barriers and pursuing really high ambition and good quality deals. this week in japan, i have been talking about conference of partnership as well. tokyo to talke in about rcep. path to somehe kind of agreement on your and is clear now. thatat clear is that -- is being optimistic at this point? >> i think it is reflective of the mood in the room. closely together with japan. we are very invested in the economic partnership. the mood was positive. we just have to roll our sleeves up and work our way to a better outcome. this was a general view that the benefits of this trade deal should come to pass and it would be enjoyed by all 16 companies -- countries. we need to try to get a substantial conclusion by the next round for minister orders -- ministers in singapore. yvonne: it seem

impact on uncertainty on investment. >> as you know, mr.retary, even as of today, the actual tariffs are a small part of our will, but that is soon to change if the 200 billion that has now been threatened against china actually comes to be in 60 days. i guess the last question i would ask, mr. secretary, is i'm curious how the administration thinks about the possibility of a global recession. in the u.s. as you know, we are facing rising interest rates. the fed needs to have an orderly wind down of its balance sheet. thatnow better than others we may be looking at an inverted yield curve that at least historically has been a leading indicator of the recession. we know about tightening monetary policy in other segments. tore is already a threat economic growth. how do you factor that in again to the administration's trade policy? what is the risk? >> mr. chairman, let me just comment specifically. we don't have an inverted yield curve. there is a flattening of the yield curve that somewhat reflects peoples future views of rates and where th

what impact has that hat on app developers? >> i think of the great question. it's one of those where were still trying to figure it out. in part, the app association is not just american base. we have more than 5000 companies around the world, but what's been transformative is my smallest member is a one person shop and yet she's in international business. she has global clients around the world that she serves. the impact, for small businesses it's figuring out how do i, one, two, three person shop comply with a bit of patchwork of regulation. the second part has been a work in progress, were still trying to figure out what your version. to get specific there have been letters and advice for something called the working party that lay out certain things you should do but those are part of the decision yet. for many it's what i need to comply with, how i do it and how i communicate to my users. right now we are working through it from a compliance perspective. what i like about gdp are, it's an attempt to establish a new dialogue between the people who collect

is that having an impact yet?re reassured it would be like watching paint dry. >> that is an impact from the end of the qe era. to thelso related central bank balance sheets together. we saw the most aggressive quantitative easing between 2016 and 2017. that ended at the beginning of this year. january was your final show. as of then, more volatility, asset violation skewed to say the least. bad news is less easily absorbed by the market. i think that trend will continue. it is unlikely you get back to where you were. rishaad: exactly, and free money , the era of free money being over with is fundamental to all this. >> it is very critical that if you do not have the public sector playing a role in the markets, you need more private sector price discovery, whether on treasury yields, not now, but earlier in the year. or whether it be an emerging market, which i believe were caught out by the dollar strength as the result of the fed having to get more hawkish because of fiscal stimulus in the u.s. meanwhile, toppin

-- can start to have an impact.a correction in excess of 10%. we are not at that stage. we are discussing small, pocketed parts of the industry's. anna: we will come back to the equity markets in a moment. a graphic raises the question about who is more impacted by a trade war. president trump, showed a clip of him saying, we can win this. this graphic shows the siz e of the u.s. economy and reliance on a lack of exports. compared to germany. where do you see the vulnerability? who blinks first? >> i think it is in no one's interest it continues to escalate because it will eventually damage growth. quite a lot of rhetorical. what gets implemented is probably not as severe. the markets most affected, anyone with a high exports exposure would react the most. any sectors more cyclical would react. predominantly, things like eurozone, japan. they are the more export focused region's. those are the areas we would be more cautious of. anna: i have a chart that compares how the chinese equity market has told off and the e-

and while the impact on growth is relatively clear, the impact on inflation is not as obvious.nie: how much has he said, does mario draghi has the full -- have the full backing of his team? jana: i did not hear the question. how much support is there behind his a strategy? jana: um, the council is very united at the moment. those who are more conservative, who would or who are not as much in favor of quantitative easing, who would have ended it a long time ago, they are glad that asset purchases are finally running out. and those who are more in favor of an easier monetary policy have been reassured by the fact that the interest rates will remain low for basically another year, or even longer. at the moment, the council is united and the decision was taken unanimously. and they are very much on the same page. and there is no reason to expect any move away from that in the coming months. vonnie: thank you so much, jana for us in frankfurt. nejra: from london, this is bloomberg. ♪ vonnie: companies caught in the crosshairs. china wants to open more industries to foreign investmen

the impact can in no way be equated with bicycles in terms of traffic or environment impact. next, central soma disregards soma special use district. we demand that projects when the soma youth and family district are required to undergo approval by resident groups and community organizations before they're considered by the planning department. we're demanding that it function similarly to other special use districts. thank you. >> hi, supervisors. i'm chantal, with somcan, continuing with reports in our e.i.r. appeal. regardless of the assertions in the e.i.r., there are environmental impacts due to displacement from residents from their homes or small businesses in some yes, especially considering the vehicle miles traveled that will result with this central soma plan the gentrification will have a quadruple environmental impact by lengthening commute times, replacing them with a population more likely to own and use automobiles, increasing the people in soma as a bedroom community on a shuttle to the peninsula and increasing ride-hailing services, which idle and circle fo

the impact on growth. the impact could be 0.4%. the impact could be much higher and tougher. tol expect the continue to tighten its monetary policy. we expect interest rate hikes this year. the middle of next year. the fed should make a pose. , before tosituation go further. in terms of a trade war, maybe the fed could stop at the end of this year. we could keep talking about this, but i want to ask you nkout big earnings -- ba earnings. youroes this factor into portfolio allocation? are you positive on u.s. banks? >> yes, we are positive. oour position depends more on macroeconomic factors. they are probably the main drivers of equity markets. we have trouble coming. we decided to reduce our equity in our diversified portfolios. we did it into bank steps. steps.wo we will use our stance on equity markets as well. we are less bullish in the next few months compared to the position we had in the past. anna: thank you for joining us. we will be continuing the conversation with him on bloomberg radio. remember, if you are bloomberg customer, you could interact with all the chart

if you do impose tariffs on all chinese goods, that will impact consumers and might actually impact thelections in november. selina: is no accident that america is targeting the heartland's, but it is a boon to the political base saying he is being tough on china. how much economic and political follow-up has to occur before he backs down or maybe china blinks first? >> for the president to back down, he will have to start seeing poll numbers shift significantly in terms of his own approval rating and the chances of how the senate candidates in november. at this level of tariffs, whacking back and forth, that will not happen. as jenny was eluding to, it will not be the direct hit from the tariffs, it will be whether they are combined with pulling out of nafta, changes in the stock market, those are the types of things that could change support for him and make him look to want to talk to the chinese. the other would be something that happens on the korean peninsula. that is the high priority for him as well. if the poll numbers change or outlook on the korean peninsula changes, those of

they would be much less impacted as long as the ta riffs be much less impacted as long as the tariffsere limited to outside nafta. how could these carmakers, the japanese carmakers you mentioned, how could they potentially protect themselves and what are they doing as a response? in terms of protection, u nfortu nately in terms of protection, unfortunately there is little in the way of near—term solutions. if you think back to when you have the first push of localisation it was in response to quotas and pressure at the time of the paris are caught. and so they responded by locating planets, parked —— primarily in the us, but also canada is at that time you had the us canada water agreement in place. and so that was the prime area it responsibly —— prime —— primarily responsibly matter is building a plant with toyota but it could be finished until 2021. you could see other makers moving into the us market with more production as a response. we know this is support —— supposed to support us industry. but is there a chance that this will backfire, making cars more expensive for americans

if you were doing a chart, you would place that, here's the impact the impact is wrong. you and i have discussed for many moons, of course the yield curve. the yield curve has been an indicating something about the global financial system long before these tariffs had become a main stay conversation. >> let's mplay my favorite game. how many times have you head fed speakers and economists and analysts lots of street cred say how many basis points higher do you think it would be without the policy pick a number? >> 40 points. >> i here as high as 75 basis points. >> used to be 110 basis points. >> let's for the heck of it say it's 50. you had 50 basis points, that 30 tens to twos now becomes 80. wouldn't probably bother anybody. >> no. >> how significant is that manipulation of rates made the yield curve flash red but then add in global weakness how are we supposed to interpret it >> let's go to the piece again written by governor the piece we by governor patel from reserve bank of india warning about the three pillars taking place here, the increase amount of treasury bi

we have a socioeconomic impact, and impact on traded self. our ambassadors, one of the great things we did in the report that we take credit for, but that we heard, that our team did, was to talk to the ambassadors. and we will talk about it in the next panel, but then you hear this great brett -- breadth of this power that tom talked about. it's red to the community and every little tiny village and every little tiny group of three or four little houses that people feel the caring and the compassion. it happened to be america that led, but it really was a global effort. we did the global fund, which the u.s. let on as well. but then there were 30 or 40 other countries that participated in that. it was the caring and the compassion of humanity that people felt. forg medicine or health diplomacy, strategic diplomacy, is a real thing. ini mentioned in my lifetime africa, i always said that medicine is a currency for peace. our military might is ultimate. the military might for the world is just absolutely protective of our freedoms, protective

estimating what the impact will be.es, you would expect trade war's do not know any winners, and the economic impact will be negative. it will have an impact on the forecast of the fed, and eventually they will have to lower their forecast. but that might take some time to feed through. francine: thank you very much. fidelity international, lsc. a huge week for earnings.we will speak exclusively to the cfo and ceo of anglo american. plus, the chief executive of itv in her first interview of the day, tomorrow. also, we have all industries covered to give you a very nice picture of where trade goes. this is bloomberg. ♪ ♪ francine: this is "bloomberg surveillance." tom, the first round of meetings between president trump and jean-claude juncker are tomorrow in washington. the u.s. is deciding whether to impose tariffs as high as 25% on car imports as part of president trump's bid to reduce the u.s. trade deficit. caroline connan sat down with the chief executive in paris earlier. >> i think it will change the way we proce

but would reduce the significant impact compared to the proposed project. earlier i mentioned the handout that you have. it includes material from, provided in the draft e.i.r. the first page compares the characteristics of the project and the alternative. second and third pages compare the historical architectural impacts under the proposed project and each alternative. the conceptual massing for the alternatives are provided at the tops of the pages. before i conclude, i would like to remind everyone that a public hearing on the draft eir is scheduled for july 19, 2018. and order to be responded to in the final e.i.r., comments must be submitted orally at the planning commission hearing or in writing to me by 5:00 on july 27th. comments heard by the public commenters today will not be responded to in the e.i.r. process unless they choose to follow up in writing to the department by the appointed deadline. after the planning commission hearing, the planning department will publish a comments and responses document, which will contain our responses to all r

it has a real pocketbook impact. also, of course, it creates jobs in minnesota because our state is a biofuels producer. so could you talk a little bit more mr. bordoff about the role that these vehicle efficiency standards can play in our ability to cope with higher prices. >> as i said in my testimony, gasoline prices are set in a global market. regardless of how much we are producing in the united states. consumers are still going to face prices at the pump based on what's happening in the global oil market. use of shale production can help as an additional source of supply and putting another $5 million a day on the market certainly has. fundamentally, reducing the energy intensity of the economy i think is what makes it most resilient to oil price shocks which are inevitable, they will happen. barbara wrote the whole book about it. we will see prices go up and down and that is difficult for consumers to manage. they don't have the same ability to hedge prices the way airlines and large companies do. they don't h

while you are not directly impacted by tariffs, the steel and aluminum tariffs, that impacts the entiremarket which ultimately drives prices up, correct? >> well, what i would say and i'd go back to my earlier comment, we're seeing -- we have seen an escalation of commodity prices across the spectrum of commodities that has been driven by market forces and there are a number of market forces at play so i would just say, we're addressing that challenge. that challenge is greater than what we expected when we entered the year and we'll work to mitigate as much of that as we can >> melissa, go ahead >> melissa lee back in studio. i'm just trying to understand how much of that guidance cut was due to increased commodity costs. so it's as much as 60 cents lower from the high point of your prior guidance. how much of that was because of increased costs? i'm asking this because i'm just thinking if the president said, you know, this trade war is over, the tariffs are gone, how much can we expect guidance to come up because of that? >> yeah. i'm not going to attribute the commodity price increa

the stipe of a light fixture has significant impact.missioner lazarus stated candidly on the record that she would rely on her stated personal opinion to vote and there is no record of evidence to sport her opinion. -- you are essentially giving wireless companies free reign to put these on every pole in the city. i strongly ask you to reconsider and the impact of the decision would be fair reaching and detriment tall detrimental to our beautiful city. >> thank you. >> they have taken her sore thumb comment out of context. i have stated that the light pole at 3512 clavie is the most visible light pole on the block, especially when comparing it with other poles. that is why we have multiple times suggested other locations. as for ver ryeson's verizon, the finding that the utilityies were moved underground years ago is misleadi ng and impleat imcomplete. while much of the infrastructure is moved underground, several re remain above ground. the residents of presidio heights have paid to have any infrastructure that can be put underground.

palm beach in particular is one of the areas impacted by this. we talked about the opportunity that the president had to be the infrastructure president and when it comes to florida to be a president that actually gets things done for the florida everglades. i asked him about doubling investment in the center everglades infrastructure, to clean and store and move water into south florida's natural floodplain and away from where people live along the coast. in 2000, congress authorized the comprehensive everglades restoration plan. we've got to continue to move forward on finally getting it done. there were too many delays. it took too long. hopefully now in the last couple of weers we've -- years we've begun to make headway on it. these infrastructure projects is not just about restoring the everglades. this is not just an environmental project. if it was just an environmental project, that alone would justify the work. it is not just an environmental project. it is about water quality, about water supply, it is about the value of property, it's

we began the programme with the impact of us ta riffs programme with the impact of us tariffs on theeconomy. bmw says it will raise the prices of two us made sports utilities in china to with the increasing costs. the german carmaker says, starting monday, it will raise the retail price of the ex— live and it seeks by 4— price of the ex— live and it seeks by a— 7%. price of the ex— live and it seeks by 4— 7%. the chinese post a new ta riffs by 4— 7%. the chinese post a new tariffs on about $34 billion in us goods as part of the widening trade i’ow goods as part of the widening trade row and it is notjust car manufacturers who are concerned. as we look ahead to the next fed meeting on wednesday, our next guests meeting on wednesday, our next gu ests says meeting on wednesday, our next guests says uncertainty surrounding us policy has already affected decision—making. economic policy uncertainty is already having an impact according to a guest. we are starting to see the effect of steel and aluminium tariffs. everything from motorcycles, rvs, to soda pop cans. the fed note of concerns

this impacts passengers pretty significantly. i have not been out there. there's only an acting superintendent who's also serving as the transportation superintendent at kirkland. this is a significant facility that needs full time person out there. also, related to the service changes. the terminal now known as the sales force, terminal center, really was not ready for muny and they've had to do some work arounds for the trolley coaches involving pulling the poles. and routing continues to use first mission rather than s taying on market. i hope that routing will be reexamined. just to conclude on this item, i understand there's no july 3rd meeting of this board. a number of items will be heard july 17th a month from now that i expect to be controversial. i hope the board and staff will plan on handling those controversial items in a month. we'll see what happens in a month between now and then. thanks. >> next speaker please. >> mark gruberg. >> thank you again. i wanted to say few words about the business and tax amendments that would place an additiona

that controls or has impact on interest rates.verything happening in the eurozone, china, these things impact both sides. continue as they have. it is not entirely in their control. what we see happening in china, in europe, are things that could impact those currency pairs. vonnie: some of the majors have been trained. what do you anticipate will break the currencies out of those ranges? stuck there at least until the end of the summer. beenk at the euro, we have 115, 118 on your dollar. i don't think we are going to get more impetus before the autumn. the trade narrative will impact on the currency markets. some of the data we are seeing in the eurozone, it was a week in the first quarter, starting to pick up in the second quarter. things willd, those be impacting on the currency markets. we don't see major moves until september. mark: what happened in japan today? is there credence to the boj tweaking policy or putting it out there, or has the boj put that to bed? >> we are not going to see policy action. in terms of the narrat