kernan is following this story for us as we heard there while he was blacklisted until may so how telling are these as well i think they're quite surprising given that we were expecting them to be a lot worse and the head of huawei the founder of himself warned it could hit $25.00 make a $25000000000.00 hole in the figures i think it's yes we have we've had a few months before the before the blacklist came in on t.v. they did very well but it's also signs that consumers kind of rallied around particularly in the home market rise and they and they really started buying weiwei phones talking about the domestic market is while way winning because it's been managing to even market its own phones as the back and forwards on that black list and the phones that some consumers around the world can get their hands on yeah it's actually managed to overtake the 4 main competitors the domestic competitors as well who are doing very well before this they seem to have really pulled out the stops on the marketing front and also in terms of marketing the company's brands they've only they've taken the bl

our china expert clifford kernan is following these talks for us and joins us now good to see you clifford so we've got the negotiations cranking up again between beijing and washington they've been talking before without a lot of success is there a prospect of a deal coming out of these talks well we haven't had any contact official contact since may except for the g 20 at which they appeared to be coming close because trump and she made some small concessions very public concessions and i think that's indicative because it's a very political story so actually predicting whether there's going to be a deal or not is still very opaque and they've got a lot to they've got a lot of ground to cover the got a lot of ground to make up so i think we will wait and see i think we're going to see more it's going to be more about admin i think and sort of setting up things before we actually get a deal which should be further along the road so they're still working on process here but meanwhile we've got tariffs already in place covering 360000000000 dollars worth of goods a lot of money who's winnin

and for smore analysis our very own analyst clifford kernan joins us here in the studio clifford china's top policy body on hong kong has just held a rare press briefing about the territory what came out of that well we're trying to piece together what came out of it because shortly before the press conference was due to take place they said that the international agencies wouldn't be covering it but what we can get from local media it seems to be. the language was very moderate in terms of how they dealt with this but the message was that beijing is keen to impose its authority on hong kong there were strong messages of support for the police. but they stopped short of coming out with any definite policy statements however we've been able to interpret this in pieces from what we've seen from how questions around cers. what do you make of the fact the chinese government has felt compelled to make a statement to speak out about hong kong in this way well it's significant because we haven't really had anything since i think this is probably different briefings since the handover in 1907. t

i'm along with joe kernan and melissa lee in studio.s chief economic adviser, soon to be running college -- cambridge -- do you know about this? what his new job is? this is exciting. >> head muckety-muck. >> and did you see there's a picture of him online with the queen? now you're pals with the queen. >> i don't think anyone is pals with the queen exactly. >> it has to be a real come down to be with us here. >> he sort of did say grace -- did you take that as a fully serious comment, gracing us with your presence? i thought it was sort of -- >> i was not be sarcastic. i meant it genuinely. >> okay, all right good to have you i'm serious, nice to have you. >> thank you, joe, nice to see you again. >> there's mohamed with the queen. >> they look kind of paly. >> she looks happy to see him. >> let's shows u.s. equity futures at this hour we have some red hours rather across the board 35 points off on the dow nasdaq looking like it would open down about 31 points and the s&p 500 is looking to open off 7 1/2 points. >> did you know what to