and mexico prime minister justin trudeau says progress is being made on monday u.s. president donald trump announced a new deal with mexico that could replace nafta he says it will go ahead with or without canada and he warns that canada will face tariffs if it doesn't join the new product. we will as we have done this negotiation stand up for the canadian national interest and fortune in value while the team for here he is clear we can find it on for everyone to listen. has more now from toronto. several very tricky days lie ahead for the canadian trade negotiators in washington d.c. the foreign minister chrystia freeland has gone there to lead the team and the people that have been working with her on this file throughout her also there and they'll be scheduling sessions with the u.s. and mexico in the coming days and friday's the deadline let's not forget there's a fairly tight deadline here assuming the canadians stick to and the prime minister justin trudeau has been speaking about this and he said that their eyes are on the prize of a new deal we will engage in

to a tweet, he spoke with justin trudeau about the state of nafta. mexico is hoping canada will join. what does canada need to agree to jamaica's happen? agreed to make this happen? needs to be that canada needs to remind everyone they are here. it cannot be nafta without all three countries. the big ones for candida are going to be the dispute panels. -- for canada are going to be the dispute panels. they are considered a dealbreaker. there has been little indication they will take any deal that includes killing those. gary is another big one. --dairy is another big one. what we are seeing is in the markets, reaction. it is a breakthrough but a lot of steps remain. there: michael mckee, were sticking points between the u.s. and mexico, not least cars. why wouldn't we be able to solve those problems with canada? >> they are not little problems. i suppose we could come up with a graphic saying the devil is in the details but that is the case. there is a lot that has to be done. know that the u.s. and mexico have reached agreement on autps and that isa

let's take a look at these live pictures that are coming from canada justin trudeau there as we know we've got that right with that simpering between saudi arabia and canada we wonder if he'll say anything let's have a listen then. minister definitely conscious joy on the id so did yeah me. zero good looking on t.v. composer prove it was all you can ever do is rule and partly. claremont. respited was the man. to be honest where listening obviously in french there to justin trudeau who knows what he might say on the matter of a saudi arabia's foreign minister says canada is to blame for this. but he did it was not there is no need for mediation of a kind of them made a big mistake and has to fix it canada fully understands what's required from its mediation is when there are two parties who have demands in this situation the mistake has been made by only one party. it was kind of. something that canadians expect it's something that i will always do. the. scope of government. did what you just did what. shows can as i don't continue to fight just follow one options one hundred on the t

canadian prime minister justin trudeau says he'll keep pressing saudi arabia on a human rights record as a diplomatic route between the two countries gathered steam saudi arabia has frozen ties and man new trade deals with canada after it urged the release of jailed civil rights activists. in the democratic republic of congo the government has announced president joseph could be a will be standing in december selection could be it was due to step down from his position and twenty sixteen at the election to replace him has been repeatedly delayed triggering. violent protests in which dozens were killed there was widespread speculation that he would try to seek a third term instead he's backing his former interior minister and manuel ram sonic should dari who is on the european union sanctions for allegedly human rights abuses were captured so he has more from the electoral commission in kinshasa. ramazani should diary e's the secretary of the ruling p.p.r. the proxy which is the president's party within the ruling coalition is up for my interior minister he is the former governor of mi

romaine: bloomberg had out a report that about how justin trudeau is starting to see some pressure by his party. what is the potential political fallout in canada if a deal is not agreed to soon? >> the u.s.-canada trading relationship is huge. there is an election coming up in canada next year. let's say the nafta deal fails and if the economy is looking weaker, that could put pressure on justin trudeau politically -- questions about why nafta, he was not able to save it and if it is impacting the economy. i think justin trudeau has to be seen standing up to donald trump and not caving in to pressure from him. there is strong sentiment in canada that we need to differentiate ourselves from america and showed we can stand up to them. he will need to walk that fine line. romaine: thank you, sarah, joining us from washington. taylor: let's get the first word news with courtney donohoe. >> white house counsel don mccann is stepping down, president trump says he will leave in the fall after senate confirmation vote on supreme court nominee brett kavanaugh. reportedlyas cooperated with rob

and mexico prime minister justin trudeau says progress is being made on monday u.s. president donald trump announced a new deal with mexico that could replace nafta he says it will go ahead with or without canada and he warns that canada will face tariffs of a doesn't join the new pact. we will as we have done this negotiation stand up for the canadian national interest unfortunately values while the team for areas where we can find it not everyone to listen daniel like has more now from toronto. several very tricky days lie ahead for the canadian trade negotiators in washington d.c. the foreign minister chrystia freeland has gone there to lead the team and the people that have been working with her on this file throughout her also there and they'll be shared tooling sessions with the u.s. and mexico in the coming days and fridays the deadline let's not forget there's a fairly tight deadline here assuming the canadians stick to it the prime minister justin trudeau has been speaking about this and he said that their eyes are on the prize of a new deal we will engage i

between the three nations totals more than a trillion dollars annually canadian prime minister justin trudeau said he would only sign a revamped north american free trade agreement that is good for his country. he

north american trade talks are making progress that can assess a huge amount of work justin trudeau valves to protect his dairy industry. the u.k. tells the european union must compromise its opposition to theresa may's plan or risk and no deal brexit. and a stronger europe, the french and german finance minister say the e.u. needs independent financial tools to steer clear of u.s. sanctions and pledge progress but the end of the year. manus: a warm welcome to daybreak. we've got a little bit of breaking news. malaysian energy company net income doubled, they plan to by 50%. state dividend ringgit. billion in terms of capital investment, a couple of other lines coming through. 2018 capital investment will be 19.8 billion, that's down a little bit of course it's all nett containing capex, income up from high point 18 billion just over year ago. the big blockbuster headline is all about that. company so you would actually have it stock price. it is about the boost in the dividend. prices, thoseil are the top lines. dividends role in. anna: good morning, let's have a look at the risk radar. t

justin trudeau insists canada will always speak strongly in favor of human rights the prime minister was responding to a growing diplomatic route with saudi arabia riyadh has cut new trade investment and educational agreements after canada called for the release of jailed political activists christian salumi reports from toronto. canadian prime minister justin trudeau had no apology for his government's call to release two human rights activists being detained in saudi arabia canadians i have always expected our government to speak strongly firmly clearly and politely about the need to respect human rights at home and around the world we will continue to do the trick doe promise to continue to engage with the saudis and their allies with the saudi foreign minister wasn't having any of it he accused canada of intervening in what he described as a national security issue claiming that the activists had attempted to get sensitive government information. to do something is no need for mediation kind of them either a big mistake and has to fix it fully understands what's required from it

and mexico prime minister justin trudeau says progress is being made on monday u.s. president donald trump announced a new deal with mexico that would replace nafta he says it will go ahead with or without canada and he warns that canada will face tariffs if it doesn't join the new pact we will as we have done. stand up for the canadian system. while looking for areas where we can find everyone to. daniel and it comes more from the canadian city of toronto. several very tricky days lie ahead for the canadian trade negotiators in washington d.c. the foreign minister chrystia freeland has gone there to lead the team and the people that have been working with her on this file throughout her also there and they'll be shared drooling sessions with the u.s. and mexico in the coming days and friday's the deadline let's not forget there's a fairly tight deadline here assuming the canadians stick to and the prime minister justin trudeau has been speaking about this and he said that their eyes are on the prize of a new deal we will engage in a positive constructive way as we a

shocked by the response of the saudi government they have actually been pushing prime minister justin trudeau to get rid of military contracts with the saudis for equipment because of saudi arabia's human rights record so the issues being discussed are familiar to canadians here and not many citizens are not certainly comfortable with with the business dealings with them now interestingly we don't know it looks like at the moment those military contracts will not be affected by this decision to stop future dealings with canada but how it's going to play out going forward not clear obviously a lot of money at stake there for canada as well as funding coming from flights the saudis have canceled all of their flights into toronto starting on august thirteenth we're already hearing reports the cost of flights are going up and a really big impact students saudi students are being called back home in the next four weeks and it's estimated there are about fifteen thousand saudis and family members in canada to study so that's going to have a big impact on universities and their budgets here but offi

canadian prime minister justin trudeau says he'll keep pressing saudi arabia. on it on its human rights record as a diplomatic row between the two countries gathers steam saudi arabia has frozen ties and banned new trade deals with canada after an urge the release of jailed civil rights activists. more than one hundred fifty thousand people have been left homeless by the earthquake in indonesia an island of one book the red cross has described the magnitude seven quake as exceptionally destructive at least one hundred thirty one people have been killed and that number is expected to rise as rescuers struggle to reach all of those in need set bossa reports from the remote village back to layer in the west of longwall where many are still waiting for help to arrive. the road to the remote village of is impassable by car. hafiz has come down from the hills to look for help. he shows us destruction that government officials have yet to see. what i see now is that all the help is focused in the north of lombok but here in this remote area away from the main road we

we are here with a man who's become a friend of my prime minister justin trudeau there is no relationship quite like the friendship between kennedy and i did states the deep ties. for the hour up to the last week when kind of a condemned the arrest of two human rights activists in saudi arabia riyadh responded by expelling the canadian ambassador and freezing what out or trade the u.s. has so far remain neutral the state department to merely urge both sides to use diplomacy through this period of a saudi arabia is showing no sign of backing down is threatening to take additional measures against kind of the foreign affairs correspondent atika margolis believes washington's were locked in the support kind of the it's partly down to trump's dislike of prime minister justin trudeau. well u.s. citizen has no interest or seasonal interest in getting involved in this spiel and you know it's very there's very little sympathy for canada in washington. antipathy dislike to him is trying to know you can. regarded as a man the american leftists like his father was so it's there is no american suppor

justin trudeau, the prime minister of canada, says it has not changed. aid justin trudeaud, and donald trump, said they agreed to continue productive trade talks. the canadian loonie has been continuing to strengthen against the dollar again. we are not seeing much reaction though right now on the heels of these headlines. caroline: we will keep eyes on trade. we spoke to commerce secretary wilbur ross earlier today about the nafta negotiation. the system in canada has been very, very controversial with the president in with u.s. economists in general. in addition, canada has not been particularly good on intellectual property rights on forwarding the trend of counterfeit goods through canada to the u.s. a number of divisions of that sort. they are things we need from them. understand, in the agreement with mexico, there are intellectual property raise it -- revisions. with those two sufficient to take care of the problem with canada if canada were to agree with those? has made a lotda of trouble, particularly in the biologics for u.s. companies. and in p

prime minister justin trudeau insists canada will always speak strongly in favor of human rights saudi arabia phrase ties in bad new trade deals after canada the release of jailed political activists the saudi foreign ministers his calendar is to blame for the dispute. because it could be is backing a close ally to succeed him as president of the democratic republic of congo his refusal to step down in twenty sixteen lead to violence in the government's announced he won't be sending in december's election. the former first lady of ivory cuz has been freed from jail after being granted amnesty for have a role in the civil war simone bad was her husband's law all refused to accept electoral defeat in twenty ten triggering a conflict that killed thirty three thousand people she was sentenced to twenty years in prison and twenty fifteen those are the headlines what is next as protests in nicaragua against the president continue and the number of those killed rises. someone says. to have to question reality that usually gets. sent here america's take is from a vice president al jazeera. whe

countries with the minimum wage equalling the united states is also along with canada, hence justin trudeaulso along with canada, hencejustin trudeau seemed cautiously optimistic that an agreement could be reached. we recognise that there is a possibility of getting there by friday but it is only a possibility because it will hinge on whether or not there is ultimately a good deal for canada, a good dealfor canadian. i have said from the very beginning, no nafta deal is better than a bad nafta deal. president trump famously branded nafta a terrible deal, one that was driving north of american jobs overseas and he has warned that if talks with canada don't go anywhere that the united states willjust sign off on its own nafta 2.0 bilateral trading agreement with mexico, but mexico wa nts agreement with mexico, but mexico wants canada on board, there is still a lot of talking to do, though, and this could go all the way down to the wire. iam sure i am sure it will. that is david willis in washington, so, will negotiators cry over spilt milk, we will have more analysis injust negotiators cry ov

dagen: justin trudeau says deal could be reached only if it is good for canada.d did i after day of new all-time highs on s&p 500 nays nasdaq and russell 2,000 this morning we have a picture that is lower to the downside dow futures off by 84 points at the moment. as i pointed out we had record highs yesterday for your broad market gauges. hitting their fourth consecutive record close. in europe take a look at england, frns and germany losses across the board to tell you about biggest loser is the dax in germany down about 1%. trade tensions between china and u.s. weighing on asian markets but hong kong shanghai and south korea lower on the day. new round of u.s. tariff on $200 billion worth of goods imported from china. set to hit later next month. trump versus google, the president of the united states criticizing the search giant for bias against conservative voices. wheal show you the evidence that trump posted to back it up and we do have google's response. sales selloff shares of sales sliding after the company earnings report we

but we did not have a private meeting between president trump and the prime minister, justin trudeau.d have talked on the sidelines or behind the scenes but as far as we know, they did not sit down together for a one-on-one meeting. that should tell you a lot about the state of the relationship and while it's possible they could have talked privately on the phone since then, it is not something we have heard about from the white house as well.arthel: we do not know if in fact this personal relationship is in the way of perhaps, making progress there with canada. reporter: right. we do not know exactly what the status of that is. we do know that canada is trying to downplay president trump saying progress is coming along well the way that canada is characterizing it as that the mexico and united states are able to work out their differences on auto and other issues that the deal can move forward for they are characterizing this as a sign of progress. between the countries. arthel: a couple of more questions. first of all, does president trump have the full support of the republican par

justin trudeau firing right back, saying hey, no deal is better than a bad deal. >>> meanwhile, stocks dropping a little on this news. it's been a wait and see market. could we get a deal with canada? still hanging out there. the dow up about a quarter of percent. the nasdaq managing a small gain. good afternoon. i'm ashley webster in for trish regan. welcome to "the intelligence report." >>> also breaking this hour, president trump will be arriving in charlotte, north carolina any minute. he will be there to sign an executive order aimed at helping american workers save for retirement. we will take you there live as soon as that event begins. >>> also now, a live look at capitol hill, where a public visitation is under way right now for senator john mccain. friends, family and colleagues paid their final respects to the late senator during an emotional ceremony earlier in the day. we'll have more on senator mccain's tribute from capitol hill. >>> first, let's get to edward lawrence in washington for the very latest on where we stand at this hour on a possible trade deal with canada. a

we're here with a man who's become a friend of my prime minister justin trudeau and there is no relationship quite like the friendship between kennedy and i did states the deep ties. of the row erupted last week when a creditor condemned the arrest of two human rights activists in saudi arabia riyadh responded by expelling the canadian ambassador and also freezing but actual ties the u.s. has so far remain neutral the state department both sides to use the see through dispute. saudi arabia those showing no sign of backing down it's threatening to take additional measures against kind of the foreign affairs correspondent eric margolis believes washington is we're not then to support kind of this partly down to this slug of prime minister justin trudeau. the u.s. citizen has no interest or seasonal interest in getting involved in this spiel and you know it's very there's very little sympathy for canada in washington. antipathy dislike it's really must try to go in canada. doesn't manage the american leftists like its father was so it's there is no american support but it's still unfortunate be

we are here with a man who's become a friend of my prime minister justin trudeau there is no relationship quite like the friendship between canada and states the deep ties. up to the last week when kind of the can condemn the arrest of two human rights activists in saudi arabia riyadh responded by expelling the canadian ambassador and freezing of bilateral trade the us has so far remain neutral if they depart but merely urged both sides to use diplomacy to resolve the dispute over saudi arabia showing no sign of backing down or threatening to take additional measures against the kind of foreign affairs correspondent eric margolis believes washington's reluctance to support kind of this partly trumps this like of prime minister justin trudeau. u.s. citizen has no interest or seasonal interest in getting involved in this spiel and i mean it's very there's very little sympathy for canada in washington. antipathy dislike it's really must try to go in canada. doesn't manage the american leftists like his father was so. there is no american support but it's still unfortunate because the two cou

and mexico and that as prime minister justin trudeau says progress is being made of the potential rework of the treaty of the day the u.s. and mexico announced a new deal.

prime minister justin trudeau says canada will always speak strongly on human rights saudi arabia froze ties and new trade deals after canada the release of a jailed political activist the saudi foreign minister says canada is to blame for the dispute. could be will not be seeking a third term as president of the democratic republic of congo his was due to step down in twenty sixteen but elections to replace him were repeatedly delayed leading to violent protests now the ruling party has put forward could be as ally former interior minister a man who will not manzi soldering. the former first lady of ivory coast has been freed from jail after being granted amnesty for her role in the civil war some of bankers husband law refused to accept electoral defeat in twenty ten triggering a conflict that killed three thousand people she was sentenced to twenty years in prison in twenty fifty days for the headlines about with more news in half an hour here on al-jazeera next it's the bone hunter to stay with us. in the final. stand the differences. and the similarities and cultures across the wor

no end in sight to the diplomatic route between canada and saudi arabia but justin trudeau says the dialogue continues. canada will always speak strongly and clearly in private in public on questions of human rights. and emotive protests argentina's parliament discusses a controversial plan to legalize abortion in the first fourteen weeks of pregnancy . at least one palestinian has been killed in an exchange of rocket fire over the border between israel and gaza the israeli military says thirty six rockets have been fired from gaza in the past few hours but it managed to intercept several of them israeli media says six people have been injured by shrapnel in the border town of steroids israel retaliated by carrying out and strike targets in several sites well the u.n. special coordinator for the middle east peace process is alarmed at the escalation of the violence nic i'm not enough says collect. efforts have prevented the situation from exploding until now if the current escalation however is not contained immediately the situation can rapidly deteriorate with devastating consequences for

to overhaul the free trade agreement have entered a crucial phase and canadian prime minister justin trudeau beliefs meeting the friday deadline is still possible but he's not making any promises we recognize that there is a possibility of getting there by friday but it is only a possibility because it will hinge on whether or not there is ultimately a good deal for killing a good deal for canadians i said from the very beginning no live to deal is better than a bad nurse to deal and we are going to remain so for a look on that principle because canadians expect us to stand up for them and that's exactly what this government's going to do earlier canada's chief negotiator said she was encouraged by the talks and progress made so far. the earth thing that. you love the place together with the united states is significant. work here. yeah yet here we are in fourth step for us that it has that stage for very intensive conversations and negotiations that work with the u.s. canada and mexico have been trying to hammer out a deal for over a year if they reach a consensus by friday that could pave

no end in sight to the diplomatic spat between canada and saudi arabia but justin trudeau says the dialogue continues. canada will always speak strongly clearly in private in public on questions of human rights. and emotive protests as argentina's parliament discusses a controversial plan to legalize abortions when the first fourteen weeks of pregnancy. at least three palestinians including a mother and her toddler have been killed in the gaza strip in an explosive exchange between israel and hamas the israeli military says seventy rockets were fired from gaza several were intercepted israeli media says six people have been injured by shrapnel in the border town of steroids well in response israel has launched a series of it strikes targeting hamas positions meanwhile the u.n. special coordinator for the middle east peace process is alarmed at the escalation of violence nicol i'm not a novice says efforts have prevented the situation from exploding until now if the current escalation however is not contained immediately the situation can rapidly deteriorate with devastating consequences for

earlier canadian prime ministers justin trudeau said he -- his government is trying to meet the same deadline. his foreign minister signaled the talks are progressing well. >> i feel that both parties are coming to this stage of the negotiation with a lot of goodwill. that is what canada is bringing to the table. we understand each other's conditions and what both sides need very well. donald trump has accused china of undermining u.s. efforts to pressure north korea into giving up it's a clear reference indicating a trade were a starting to exacerbate geopolitical tensions. the u.s. president called a trip off to north korea by secretary of state mike pompeo saying there has not been enough progress in talks aimed at denuclearizing the korean peninsula and he would return after u.s. traders -- trade disputes with china were resolved. [inaudible] rallied to its highest level for three weeks yesterday despite minimal evidence of any thaw in the frozen brexit negotiations. finance -- the finance minister of france said it could not -- britain could not have its cake and eight it as it

canada into the fold given the recent terror spat and verbal sparring he's had with canadian pm justin trudeau now chrystia freeland canada's foreign minister said in a statement that canada would only join a new deal if it were quote good for the middle class adding that canada wants to continue working toward a modernization of the existing nafta deal now on this new proposal with mexico so far trump says there will be major changes in joint manufacturing of cars he says for cars to be considered made in north america. seventy five percent of the parts must be made in either the u.s. or mexico and that's up from the previous nafta deal which only require them to be sixty two and a half percent of parts made here also the prospective new deal would also require that somewhere between forty and forty five percent of auto workers earn a minimum wage of sixteen dollars per hour so markets are already responding to this this news but i think it's a little bit too early to celebrate there is no new deal as of yet because congress needs to to see this deal through they need to approve it right now

and mexico canada's prime minister justin trudeau says progress is being made on a potential rework of the treaty on monday the u.s. and mexico announced a new deal which could replace their trade terms agreed under nafta a new study has found that nearly three thousand people died in puerto rico in the six months after hurricane maria it destroyed much of the island last october the figure is double the government's previous estimate of fourteen hundred deaths it's also a sharp contrast of the sixty four deaths announced immediately after the storm puerto rico's governor says lessons need to be learned from the disaster. although. it is time to show solidarity with all those who've lost a family and friends is also time to reflect on what we have done well and what we did badly we need to find it hard to correct what we didn't do well so that we can better respond in future. ps i rejected the president's attempt to blame your sanctions for a struggling economy has a new harley was summoned to parliament for the first time in five years he's been asked to explain the reasons for rising

some of it might not just be negotiating with justin trudeau and with that let's go to canada alex you know autos in particular have been a pretty important part of nafta with all the cross border between canada the u.s. and mexico manila talked a little bit about the agreement but what do we know and how important is this not just to the u.s. but to all three nations. well let's be frank i think auto is probably the heart of nafta as it stands and now this revamped a revamping of nafta so is it important yes it is and president from the very beginning you know this is was a disaster of the deal for american workers when you're talking about american workers well a lot of them are in the auto sector and that includes canadian workers as well as mexican workers so everybody has to play this game now what we heard from manila at the very beginning i mean these are some big strides forward seventy five percent of the parts being made in this is where the language is kind of interesting being made in the nafta zone up in sixty two point five but this is a bilateral agreement between mexico

between the three nations totals more than a trillion dollars annually canadian prime minister justin trudeau said he would only sign a revamped north american free trade agreement that is good for his country. he pledged to defend canada's dairy farmers and said progress had been made on terms for the automotive sector his negotiating team is back in washington to hammer out a deal. we are in the process of renegotiating near with our southern neighbors and we're pushing hard to conclude an agreement that is win win with a modern and progressive agreement that is in line with our values and our ambitions and that will benefit not only canadian businesses but all canadians u.s. treasury secretary steven minutia and believes washington could strike a trade deal with our world this week was everybody said their markets are very intertwined so it's important to reach an agreement you know this is a complicated to graeme and there's lots of things in here that are all new i would think again it would be very much on board with stronger intellectual property stronger protections for modernizing th

nafta as current procedure first solving disputes despite trumps comments canadian prime minister justin trudeau says his government's approach is always to remain constructive and positive over the past a number of days we've had some very positive conversations on a broad range of issues and we have been very clear about where our red lines are we've been very clear about where we think there's room for give and take donald trump had originally planned to have the agreement done and dusted on friday but a final deal involving mexico the u.s. and canada remains elusive. and a financial correspondent yens quoted joins us from new york against the friday deadline is upon us and it appears at this stage canada is out. well canada is out for this deal only this week no deal was reached but there was word that talks might continue next week but that doesn't mean that an important deadline was missed ended won't be possible illegally to have a trilateral deal before the new mexican president takes office december first and the big question is if congress will actually go with a bilateral deal with me

we will keep posted on any further headlines as justin trudeau has finished speaking in montrÉal.ie pass shares the struggle to turn around the moviegoing service. this is bloomberg. mark: this is first word news. with theple familiar discussions tell bloomberg news u.s. and mexican negotiators are working to reach a nafta cars deal that will allow canada to rejoin talks and move toward resolving the toughest issues that affect all three nations. getting an agreement would let the u.s. turned its attention to that only affects canada such as increasing american access to the dairy market. declined tofices comment. scientists a california's record wildfires are the result of an abnormally hot and dry fire season in part due to climate change. the trip administration is blaming environmentalists. isthe trump administration born the interior secretary wrote people he called radical environment to lists are responsible for pushing back against active forest management. rand paul is in moscow. he handed a letter from

justin trudeau has been clear on nafta red lines.ter speaking to reporters saying that robert lighthizer and herself understand and know the position of the other very well and we will see if they can come to an agreement on any deal. time for the bloomberg business flash. coca-cola expanding into hot drinks by buying a global brand, the british changed -- a british chain. both coke and pepsico have been seeking alternatives on the market in sugar drinks declines. the founder of pop and john suing bp to change ceo and board saying he wants to stop the harm they are causing the company. he's that down as chairman last month after heard on a call using a racial slur. that is latest bloomberg's notes/-- bloomberg business flash. looking at european markets with four minutes left in trading. 100 down1% and ftse 1.1%. we will bring you stories from the european close next. this is bloomberg. ♪ this is the european close on bloomberg markets. i am vonnie quinn. stocks finishing in european trading and we had a down day or cac andors with d

justin trudeau saying things are looking constructive.nson, joins us to talk about trade and biggest market risk. this is bloomberg. ♪ xfinity mobile is a new wireless network designed to save you money. even when you've got serious binging to do. wherever your phone takes you, your wireless bill is about to cost a whole lot less. use less data with a network that has the most wifi hotspots where you need them and the best 4g lte everywhere else. saving you hundreds of dollars a year. and ask how you get xfinity mobile included with your internet. plus, get $300 back when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. yvonne: optimism that canada will agree to a deal this week. : just past 8:00 p.m. on wednesday, clouds are gathering emerging markets again as argentina as well as for an appeal for faster credit from the imf. threatens bigger than ever wargames in the north korea nuclear talks stall. china is not helping. ♪ yvonne: acm green here with -- a sea of green here. it see

rob: justin trudeau think there has been positive progress with nafta negotiations.trade pact between united states, canada and mexico is under reconstruction and donald trump hope the new deal will benefit american workers more. rob: justin trudeau is taking a page from the president's book saying it must be canada first in the negotiations. what are the major holdups and what would a deal look like without canada? jillian: cpa and business analyst joins us now. we appreciate it. what do you think is the end game for canada? do they bend? >> they play hardball, trying to take one out of the trump playbook, not going to work. these things only work for donald trump because of the nature of his personality. the way i see it is they are not in a position of leverage, the united states is. divide and conquer approach the president is taking, now he has mexico with us. mexico wants to see a deal with all three countries involved, canada is under enormous pressure is what happens in my opinion, canada first is just avoiding canada last because they are going to be left ou

that is as justin trudeau upheld his stance on human rights. the kingdom's foreign minister says the next wave of retaliatory steps could affect investment flows between the countries. >> saudi arabia has the backing of being dcc and the backing of the arab league and the organization of corporations. saudi arabia is part of an arab league and a large islamic organization and canada must understand its actions are unacceptable, not just for saudi arabia, but to arab nations and the entire islamic world. juliette: italy is ready to repeat the tough tactics used to win concessions from the european union on migration when the budget battle get serious. this uppity prime minister told bloomberg the country's antiestablishment coalition wants enough flexibility to introduce a flat tax next year. he suggested if the eu changed the way the deficit was calculated, his government's plan could be implemented without reaching the limit. is uk's prime minister stepping up preparations in case brexit negotiations break down. bloomberg understands theresa m

justin trudeau's, canada's prime minister, has apparently has an epiphany.s dispatched his foreign min sore to washington to -- minister to washington to engage in trade talks. that's very flattering, i'm sure the president is thrilled. >> yeah. this is just proof, contrary to previous guests and the negative nancys at "the wall street journal" page, trump's approach to the trade actually is working. [laughter] the idea we have leftage over people, that -- leverage over people. you know, the canadian foreign minister priestly when she came -- previously when she came to town, she was too busy up on capitol hill lobbying governors. now in town today she spent two hours at ustr, and they are negotiating seriously because they're going to be left behind otherwise. lou: and that's a shame because canada is a great country. it's not a populist country, it is a reasonably wealthy country, and it has the great good fortune to be just north of america in immediate proximity. i just don't understand why somebody hasn't explained the facts of life to justin trudeau bu

justin trudeau said his government won't change its approach. beijing. chinese equities outperforming the session today despite the ips of that trade war. good morning, everybody. this is bloomberg day break. it is 6:00 in london. getting some breaking news. let's get to deutsche telekom. the telecom giant out of germany raising its guidance to 23.4 billion euros. that is a positive place to start the program, isn't it? u.s. profit growth is the reason behind that. that's why they are managing to do that. instead of looking at the second quarter numbers, this is the backward looking stuff. it is broadly in line with the estimates. 5.93 billion, a touch ahead of the estimates. it is really the strategy around this business that is of interest. eagerly awaiting the green light for its deal to merge its t mobile unit with sprint in the united states. they are waiting for the f.c.c. to take a bigger look at that one and waiting for approval in austria and the netherlands. a lot depong on. we start our program on a positive note. >> i have a reafter makings o

and mexico canada's prime minister justin trudeau says progress is being made on the potential rework of the treaty on monday the u.s. and mexico announce a new deal which could replace their trade terms agreed under the after. a new study has found that nearly three thousand people died in puerto rico in the six months after hurricane maria it destroyed much of the island of last october the figure is double the government's previous estimate of fourteen hundred deaths it's also in sharp contrast to the sixty four deaths announced illegally after the storm iranian m.p.'s have rejected the president's attempt to blame u.s. sanctions for a struggling economy. he was summoned to parliament for the first time in his five years in power he's was asked to explain the reason for rising prices unemployment and the depreciation of the currency. queues of fans have been patiently waiting to say goodbye to the queen of soul aretha franklin the public is being allowed to view her body in her home city of detroit franklin died last week of pancreatic cancer at the age of seventy six her decades l

canadian prime minister justin trudeau had no apology for his government's call to release two human rights activists being detained in saudi arabia canadians have always expected our government to speak strongly firmly clearly and politely about the need to respect human rights at home and around the world we will continue to do this to doe promise to continue to engage with the saudis and their allies but the saudi foreign minister wasn't having any of it he accused canada of intervening in what he described as a national security issue claiming that the activists had attempted to get sensitive government information. is no need for mediation kind of them either a big mistake and has to fix it understands what's required from it mediation is when there are two parties who have demands in this situation the mistake has been made by only one party it was kind of the whole interview and this mistake has to be corrected the value of the canadian dollar fell on news the saudis would divest from canadian stocks and bonds experts predict the overall impact on the economy from this and oth