companies poised for high rewards in the cannabis market canada is set to legalize recreational marijuanainning tomorrow which names stand to gain the most >> in order to do business in canada, u.s. cannabis companies have to form partnerships with companies across the border since marijuana is federally illegal in the u.s. and can't import or export the product the biggest u.s. winner could be constellation brands which acquired 38% stake in canopy gloat for $4 billion this year and molson coors is joining a corporation to develop cannabis drinks in canada down the road other companies benefitting from legalization is med men, made the biggest acquisition in history. it has a distribution partnership with canada based cronos group they also invested in lowell brands, a company in california. the ceo of lowell brands says he is talking to a number of canadian companies that might be interested in partnering on a distribution network with him. grow life is a san diego based company that provides cannabis growers with materials and equipment. the company recently opened a store in calgary,

lower pricesl be for dairy in canada more than here in the u.s. 0.3%, 1% ofe about the market will be opened up in canada. for certain products in canada they will see lower prices of the overall impact, we don't have the official projections of what the deal will do in macro economic terms right now. for nafta was about a percentage point of gdp. this largely adopt a lot of the rules of nafta, so it's unclear that we will see a lot of impact for consumers or the economy as a whole. host: what do you think was left on the cutting room floor, what opportunities were missed? like: you had democrats elizabeth warren demand thing a complete remodeling of the rights that multinational investors get as a part of the deal, investor state dispute settlement. i wrote a book about it if you're interested. this was a major demand for an overhaul of that agreement. companies to sue governments over environmental regulations. it's been something democrats have long opposed. the trump administration initially promised they would get rid of it or refashion it substantially. they have made some modif

. ♪ amanda: this is bloomberg markets. canadadaybis in one of legalization has sent stocks high, then low. of course, this is all coming after does come months of solid gains as dirt investors saw the news. up fors are also lining their not dural pot purchases. for more, let's welcome our partner. site. a distribution tell us where you are and what the mood is like, we are seeing from buyers that sometimes the products are too expensive. toronto, atoutside the facilities of a publicly traded company, and the mood here is one of excitement, considering that no one -- they have tried to make sure that the canadians concerned about the costly cannabis they are picking up is at least available to them. because in this province, all they can do a shop online, and still be stored somewhere physically. i want to show you what a vault looks like containing millions of dollars in cannabis. or, -- here, iup can show you a facility with 2300 kilograms of dried cannabis, ready to be shipped to four provinces across canada. it's being contain

canada. an important dairy market in canada. an important american demand.orts of cars from canada. lots of moving parts. 0ne from canada. lots of moving parts. one interesting thing, i am sure that president trump will see it as vindication of the hardline he has taken over the vindication of the hardline he has ta ken over the past vindication of the hardline he has taken over the past 1.5 years on trade, saying it produces results. we can renegotiate these agreements. it also allows him to focus more on his confrontation with china. it also allows him to focus more on his confrontation with chinam it also allows him to focus more on his confrontation with china. it is about timing as well. they want to get it done before a change of leadership in mexico. it would seem that canada is not crying over spilt milk, we don't know. when it comes to, as you say, the issue of revamping the trade agreements, he a lwa ys revamping the trade agreements, he always said it was our rubbish deal. yeah, he will feel vindicated. at this particular deal hadn't been looked a

got to go with it in a word yes canada really has no choice when it comes to the north american market canada has made deals with the e.u. and it's trying to make them with china japan and it's got one with korea but it's the united states all the way really nafta has been good to this country although some workers' rights advocates might say otherwise it really has under underpin the prosperity of canada so justin trudeau had to make a deal and canada needs good relations with the united states even under president trump who has insulted just trudeau and said lots of things in the past the planet hasn't liked very much this could be a turning point.

countries can be satisfied that north america as a platform are not going to call it a north american market canada us mexico relationship is it is it is competitively placed to build a continue to compete with the rest of the world and if that brings jobs into canada united states mexico that's a good thing colin do tariffs another put them in inverted commas protectionist policies as a chris will disagree but the tariffs and perfect protectionist policies actually work or do they lead ultimately to unforeseen adverse effects for for consumers and for for workers well i think the economists would suggest the latter that is they lead to adverse effects of actually a tariff as a tax on a consumer and so as i point out in the case of steel aluminum tariffs and in the case of the tariff son suffered lumber the american the average american house now cost an extra five thousand dollars it's going to cost more to make the cars and planes out of the steel moment well you know you pass that through and you have probably less money for other other things but these are decisions governments take what we've

>> i think it will mean better access that will lock in those markets. canada and mexico were two of our top three export destinations. locking in those markets means a lot of momentum where we can go put others in the bank. we can go to japan and negotiate with them now. we can get with the eu and then look and see if china wants to come along. trish: tell me about this president's style. you have been there watching these back room negotiations. what has he done that you would characterize as unique or different compared to the traditional approach on these things? >> i think he's willing to walk away. he's demonstrated that time after time. it creates powerful leverage in the negotiating skill because i think canada and mexico became convinced that he was willing to walk away from the deal. now, we don't -- trish: was he? really and truly willing to walk away? >> i think he surely convinced me he was. in fact, we worked really hard not to make that happen because it creates anxiety with those of us in the agricultural community because nafta was important. b

canada agreement and it is being trumpeted by senior u.s. administration officials as a win for all three countries major provisions here include benefiting u.s. dairy farmers by opening up the dairy market in canada as well as protections offered to the canadian auto industry to a degree from possible future u.s. tariffs on auto indonesia's president his accepting international help to recover from friday's earthquake and tsunami more than eight hundred people are confirmed dead rescuers fear the toll could rise to the thousands mass graves are being dug to stop the spread of disease two people have been killed and more than one hundred have been injured as typhoon try me battered japan's main island power is being cut to nearly half a million homes and its cause widespread transport destruction with more than a thousand flights grounded forecasters are warning of flooding and landslides. macedonia's bid to change its name has failed sunday's referendum had strong support in favor but the turnout didn't reach the fifty percent threshold needed to make it valid the government wanted to change the name to republic of north macedonia to help end a decades old dispute with greece the white

canada is a cheaper market at the moment with a lower pe multiple. ere's probably a decent return. the other fund did better because it has -- it is a more concentrated portfolio combining both canada and the u.s., getting the benefit of the u.s. doing a bit better but also from concentrating on the best ideas. if they work, you get a better return out of them. danielle: the high concentration of resource companies, among those lately, the pot companies. so much buzz around that sector now. what do you think of the opportunities there? kim: we currently don't own any because we can't find value. a lot of people who made a lot of money would disagree with you on that. kim: they are welcome to those returns. portfolios are looking after people's long-term wealth. we are not going to risk their wealth overall. we will look for long-term fundamentals that sustain value with low-risk overtime. to speculate on companies that currently have no earnings, working in a highly regulated environment where you don't know what the rules are, an easy business to ent

market axis of u.s. dairy producers to canada. so that was one of the very last things that was agreed on, sort of in the late hours of sunday night. did you see everybody. ms. you. good afternoon. in keeping with his campaign pledge, the president continues to note -- donate his salary on a quarterly basis to further important priorities. president trump is proud to donate his second-quarter salary to the small business administrator. administrator linda mcmahon is here to accept a check. i would like to bring her up to say a few words about how the funds will be used. >> thank you very much. this is awesome. i would like to think the president for his generosity and for his support of small business administration. he clearly understands the value of small businesses. approximately 30 million of them in this country, and i am very happy to be there advocate. this money is going to be used in our veterans program. we are going to establish a seven-month intensive training program called merging leaders, an adaptation of the progr

not a marketing canada is enough to justify these evaluations at this point.guably, the big story is the fundraiser. these. see a lot more of when your equity is valued so much, you should issue more of it. craig: there is no question this has been one of the hotter stocks. legalization in canada is only two weeks away. these guys will have working capital and paydown mortgage debt. i think you are right as far as striking while the iron is hot. caroline: they are paying 9 million of mortgage debt down yet they have to convert more than $400 billion -- million dollars. acquisitions they say they will make. do we know where? craig: there are a lot of companies to buy in canada. bigger you will see the guys get bigger. at some point, they will figure out ways into the u.s.. that is very tricky because the border is a problem with the federal prohibition. there is a lot of companies that have a presence and that is the affective market. the california market is already bigger than canada. the border is very tricky place. romaine: we look forward to consolation ea

long-standing demand of dairy farmers across the united states to have more access to canada's market. canada has a supply management system which is some a governmental, and there was concern about it taking a certain dairy products from the united states. you have dairy farmers in every state of the union practically, and you

the agreement many give american farmers greater access to canada's dairy market. meanwhile, canada will get protection from tariffs for its automobile industry. the agreement goes to congress, which can suggest changes. >>> and good morning. 4 whrpb 38 on this monday morning. it is a mild morning as well. a little bit on the muggy side, too. temperature-wise, good morning east bay, san leandro, it's 50. alameda, close to the warm or water 61. area wide, waking up to 50s and 60s. 60, san francisco. 61 for san jose. later on today, you'll notice it's not only muggy out there, the clouds will be thickening throughout the afternoon. that's going to limit temperatures into the afternoon. 68 in san francisco. mainly cloudy skies today. 73, oakland. 79 san he jose. 80, concord. santa rosa, 75 degrees. we will take you into the north bay with our 12-hour day planner. a fair amount of cloud cover throughout the day. we will reach the low 70s in a lot of spots in the north bay. after the sun goes down, we are tracking the return of showe in the north bay and widespread tomor

canada agreement and it is being trumpeted by senior u.s. administration officials as a win for all three countries major provisions here including benefiting u.s. dairy farmers by opening up the dairy market in canada as well as protections offered to the canadian auto industry to a degree from hostle future u.s. tariffs on auto indications president is accepting international help to recover from friday's earthquake and tsunami more than eight hundred people are confirmed dead rescuers fear the toll could rise to the thousands two people have been killed and more than one hundred have been injured as typhoon trami battered japan's main island power is being cut to nearly half a million homes it's caused widespread transport disruption with more than a thousand flights grounded. iran's military says it's hit positions in syria linked to the group behind last week's attack in the city of several missiles landed in the region iran says the targets a link to an ethnic out of a separatist group funded by two gulf countries last week twenty five people were killed when the gunman opened fire on a military parade many were members of the revolutionary guard. macedonia's bed to change its name h

countries can be satisfied that north america as a platform are not going to call it a north american market canada us mexico relationship is it is it is competitively placed to build a can do you compete with the rest the world and if that brings jobs into canada united states mexico that's a good thing colin do tariffs and other put them in inverted commas protectionist policies as a chris will disagree but the tariffs and perfect protectionist policies actually work or do they lead ultimately to unforeseen adverse effects for for consumers and for for workers well i think the economists would suggest the latter that is they lead to adverse effects of actually a tariff as a tax on a consumer and so as i point out in the case of steel aluminum tariffs and in the case of the tariff son suffered lumber the american the average american house now cost an extra five thousand dollars it's going to cost more to make the cars and planes out of the steel moment well you know you pass that through means you have probably less money for other other things but these are decisions governments take what we've

dollars we should say you can also see perhaps a little bit of opening of canada's dairy market to u.s. farmers that's something that they have wanted for a very long time but canada also get something that it does consider very important which is that if there are any trade disputes between the three countries that there is an independent body that will arbitrate these disputes and not just get rid of it they felt that by losing this independent third party mechanism that the u.s. might be able to push them around and make them agree to terms that they don't want and so the canadians feel that they have more of stature under the this provision of course the one thing that canada isn't going to get is any relief from u.s. tariffs on steel and elementary m imports into the u.s. and that's because the u.s. is belief is that these two commodities need to be dealt with outside of an existing treaty obligation so not too many hard core changes but just enough to say that this is something that will be scrutinized very closely by legislatures in all three countries. all right roslyn jordan l

let's check global markets at this morning and responsible the deal to canada. markets are higher across the board. the dax index up three quarters of 1%. japan very strong ek average. hitting a 27 year high. with a gain of one half of 1%. they were closed for holiday as well as in china. the investigate brett cavanaugh. they a

farmers greater access to canada's dairy market and address concerns about potential auto tariffs. the u.s. and canada were under pressure to reach a deal by midnight tonight when the u.s. make public the full text of the agreement with mexico. >>> political using on grand oaksend. the sign reads "we will not enforce the nine -- political discourse must not be restricted. it is a document about the 2016 presidential election and the subsequent presidency of donald trump. the theater owner says and r rating on the film that is political in nature is uncalled for. the grand lake also suspended are rating restrictions for fahrenheit 9/11 which similarly addressed george bush's residency. the thon maker responded to the theater's decision saying thank you for not enforcing the r rating on my phone. that allows teens and queens to see it. >>> governor brown took action on several bills today including one that makes california the first state to require that all companies with headquarters in the state have a woman on their board of directors. >> as they do not abide by this law could fa

canada agreement and it is being trumpeted by senior u.s. administration officials as a win for all three countries major provisions here include benefiting u.s. dairy farmers by opening up the dairy market in canada as well as protections offered to the canadian auto industry to a degree from a possible future u.s. tariffs on auto this deal would also require more auto production to take place within the u.s. and within the north american region as well as shore of intellectual property protections and strengthen labor visions to in the words of senior administration officials even the playing field between the u.s. and mexico now this u.s. m.c.a. deal is the result of an eleventh hour push that ends more than a year of talks that had its fair share of stalls and starts now the top of ministration will of course say this is a big win on a campaign promise for his american first policy however there are still hurdles ahead this trigger is now sixty days for trump and his mexican and canadian counterparts to sign off on the deal but that does not make it final then the u.s. congress must approve this trade treaty they're expected to do so in the coming year which is going to be after the

billion people who call north america home so what was agreed upon well canada is giving us farmers greater access to its dairy market but it gets to retain the trade dispute settlement mechanism established by nafta washington that earlier demanded that american court should rule on cases filed by canada against u.s. duties on imports both canada and mexico one protections against president trump's threat to impose twenty five percent tariffs on cars but under the deal forty to forty five percent of any car completed in mexico needs to be built in countries where workers are at least sixteen dollars an hour only then will the car qualify for duty free benefits let's bring in our guests for today's discussion from washington we're joined by chris can see he is c.e.o. of vic a financial he was early a deputy director at the u.s. department of commerce on the president trump and from also a cullen robertson a former canadian diplomat who is part of the team that goes hated nafta back in the one nine hundred ninety s. gentlemen welcome to you both chris let's start with you is this a good deal for all concerned or just

canada agreement and it is being trumpeted by senior u.s. administration officials as a win for all three countries major provisions here include benefiting u.s. dairy farmers by opening up the dairy market in canada as well as protections offered to the canadian auto industry to a degree from possible future u.s. tariffs on auto indonesia's president is accepting international help to recover from friday's earthquake and tsunami mass graves are being dug to stop the spread of disease more than eight hundred people are confirmed dead with fears the final toll will be much higher rescuers are still struggling to reach coastal communities cut off from help my cydonia is bid to change its name has failed sunday's referendum had strong support in favor but turnout didn't reach the fifty percent threshold it needed to make it valid the government wanted to change the name to republic of north macedonia to help and a decades old dispute with greece. saudi arabia's crown prince mohammed bin solomon has left kuwait after talks with amir shaikh hammad coates been mediating this in saudi arabia the u.a.e. buchan in egypt imposed a blockade in qatar last year to reject their accusation that it supp

john's canada. >>> a food fight at campbelle soup where begin the market focus. the company's err heirs members of the doren family are taking a standing against activist third point. dan lobe had been aushing to ou 12 pems of the board of directors during the november meeting. he has also called for the sale of the company. third point said it's not surprised by the dorance family resistance to allsthat. k fell 5% today to $36.32. >>> casino mogul tillman fertitta approached crease ars tertainment about a merger. it's unclear whether it will entertain the offer. it sent the shares of cease ars to $10.21. a and winnebago revenues exceedside 2 billion for the first tim in thecompany's history last quarter. the results released were better than expected thanks to strong demand for some products but on the conference call the ceo told analysts it's facin higher material and labor costs. >> the cost impact of the tariffs on the rv and marine industries havnbeen real and some cases are ongoing with the new rounds of tariffs imposed against china. really just now begin

the best way is to be unified on our side and that is why i'm grateful 88% of the markets, canada, mexico has a new deal. this week alone they've identified and notified congress of a new negotiation with japan, the united kingdom and i'm glad there are two u.s. soybeans on their way to china. thank you. >> congressman it is a little late as i can tell you the eu is pulling out of the deal and with japan it will include agricultural products so let's not overstate what is happening here. they have to bring diplomacy and the right kind of authority. but we tell you this trade policy, i don't care what anyone says it is going to decimate our foreign market for the long term if we are not careful and if we are not fighting back and we can fight for -- >> when i go to school do i need to worry about my safety clinics are they sufficiently protected and if not how can they be better protected? >> you probably know the answer to that better than i do and it seems you are probably talking about state law issues. i don't know how safe you are at your school i think it is imperative we have this d

market for u.s. dairy products with more than $1.3 billion in mill -- milk, cheese and other items heading across the southern bord border. canadas the third largest dairy export market. they imported $636 million of dairy products while it exported $149 million in dairy products to the united states. just to be clear, canada sends less value in dairy products to the united states than the other way around even under nafta. under the new deal american producers would be able to export to canada the equivalent of 3.6% of canadian dairy production. 3.6% is up from 3.2% under nafta. anything above the 3.6% will be subject to the steep tariffs that president trump often complained about. those tariffs can be as high as 314% but the president says it's on milk. it's not. it's a highly filtered version of milk that american farmers were able to get around. the president was right about canadian tariffs on dairy products. 240, 245, 270, 270, 292. they're big but after a certain percentage. those were only charged on export that went above the 3.2%. all of this news comeses at as world dairy expo gets under way in wisconsin. vaughn hill

now, canada made one big concession, opening part of its domestic dairy market to u.s. y congress before it can be signed by president trump and his counterparts in canada and mexico. >>> and now that the calendar has flipped over to october, time to start stocking up for halloween. the national retail federnproje will reach $9 billion this year. that's in line with last year's record, which was $9.1 billion. people planning to spend on average $86.79. that's up from $86.13 last year. the national retail federation says the u.s. economy is good and consumer confidence is high, so families are ready to spend big on halloween. philip and marlie, back to you. >> we'll see if the splurging carries over into the holiday season. jackie, thank you. >>> your sunday nfl highlights are still ahead. >>> plus, the monster problem brought on by flooding from hurricane florence. mitzi: psoriatic arthritis watch me. ( ♪ ) mike: i've tried lots of things for my joint pain. now? watch me. ( ♪ ) joni: think i'd give up showing these guys how it's done? please. real people with active psor

markets? mr. speaker, the agreement is a good agreement for canada, it is a good agreement for markets throughout the continent, and wey important to say that have innovative people in this country, canadians were part and the innovate. we work closely with the dairy industry and will continue to do that so they get appropriate compensation with a loss of market share. the leader of the opposition. able to get concessions from united states on the same issue. when the prime minister said he would renegotiate nafta, there were no sunset clauses and we are to have a dispute. these are not new games in this deal. we had hoped the government -- government would have negotiated gains. end this new deal put an once and for all to the buy america policy, yes or no? [applause] canadians are pleased today ast we are moving forward this stabilizes, secures, and offers doctors to canadian businesses and mostly to workers and folks in the middle class. we have ended the uncertainty around trade in canada and demonstrated we can move forward and continue to grow our economy , drawing in global investment and

greater access to canada's dairy market and also deals with canada and exico now fulfills preside trump's campaign pledge to renegotiate nafta. it will be called the united states mexico-canada agreement. >>> this is all in response to a tweet last week. it attacked one of brett kavanaugh's accusers. he wrote since when do senior girls hang with freshmen boys. she was an adult drinking with and by her admission sleeping with underage boys. she never accused kavanaugh of assaulting her. she said he and his friends would be at parties in college where the punch was spiked sorl could be taken advantage of. >> meanwhile, the fbi will continue it's investigation into sexual assault allegation against kavanaugh today. >> nbc news is reporting deborah ramirez spoke with the fbi this weekend. she claims kavanaugh exposed himself to her at a party when she was in college. kavanaugh denies all the allegations i oluding those his first accuser dr. christine blasey ford. after her e tional testimony last week the white house approved the fbi investigation. whilehis is a background investigation and n

canada, let's welcome bloomberg's sarah mcgregor from washington. we have a new deal, is this anything more than the mix of the old nafta and the trans-pacific partnership? sara:h the financial marketsll right now and are seeing and hearing is relief that canada is in the deal. there was a last-minute push over the weekend to try to see of canada would join. things seem to to turn around at the snap of a finger. right now, there is a lot of relief that canada is in the deal. the substance of it is being areed and diced and people trying to take a look at the numbers and determine whether this is a cosmetic change orbit will make a difference with the u.s. trade deficit, bringing jobs back to america, which were two primary goals. we have to look at it and see what our analysts are saying. shery: looking at the key points of the deal, it looks like president trump did not get what he wanted when it came to auto, and also a little bit of access to the dairy markets, but canada did keep its international settlement dispute panels. tell us a little more details about these three fronts. like ally, it looks sides got a little bit of what they wanted. for the trump administration, they ke

billion people who call north america home so what was agreed upon well canada is giving us farmers greater access to its dairy market but it gets to retain the trade dispute settlement mechanism established by nafta washington that earlier demanded that american court should rule on cases filed by canada against u.s. duty's on imports both canada and mexico one protections against president trumps threat to impose twenty five percent tariffs on cars buses under the deal forty to forty five percent of any car completed in mexico needs to be built in countries where workers are at least sixteen dollars an hour only then will the car qualify for duty free benefits let's bring in our guests for today's discussion from washington we're joined by chris can see he is the c.e.o. of vic a financial he was early a deputy director at the u.s. department of commerce on the president trump and from also a cullen robertson a former canadian diplomat who is part of the team that goes hated nafta back in the one nine hundred ninety s. gentlemen welcome to you both chris let's start with you is this a good deal for all concerned or

markets. mr. baumgarten: given that you see the new trade agreement with mexico and canada as having some advantages -- it is considered a win for labor, certainly opening up the dairy market in canada is seen as a victory. doesn't that validate the president's approach of a more aggressive policy that uses tariffs to push our trade partners to a better deal --? sen. cantwell: as i said, i believe in tariffs last, not first. it would have been great to modernize. as the head of the foreign counsel said, he does not think it is a cataclysmic new deal. what i am trying to explain is when we do agreements like mexico the first time, it had huge growth for us as market opportunity. i want to grow on top of them. but now because of this dispute, we have our products seeing as much as 50% tariffs. what i worry about is farmers losing shelf space while this debate goes on for another year or so. does some farm not make it through this season? shelf spacey lose and next year when they go back to asia, somebody in australia has got the market space and they don't want to buy them are from us? mr. baumgarten:

markets this week? continuing the us china trade dispute, canada and the united states? the three ts? e, trump and trade? i think it will be on the american and chinese side but ultimately it will be earnings. earnings will always drive the market. over now to japan where business confidence among big manufacturers got worse september from three months ago. japanese companies are feeling the pinch from the rising costs of raw materials. also recent floods and typhoons that have disrupted production of many factories. but there could be a reprieve from the auto sector, as last week prime minister shinzo abe has agreed not to impose tariffs on japanese vehicles. he has been co mforta bly japanese vehicles. he has been comfortably elected as president of the ruling party. shinzo abe looks set to remain in office until 2021. the key point now is going to be fiscal policy, and we know that the new extra budget of around 1% of gdp is in the making. you will remember japan was haunted by a couple of natural disasters, very big typhoons, so there will be additionalfiscal typhoons, so there wil

canada agreement gives u.s. farmers greater access to canadian dairy markets and gives canada protection from tariffs imposed onucks imported to the u.s. it requires 40% to 45% of vehicles coming into the u.s. be produced in plants paying at least $16 an hour. >>> police in allentown, pennsylvania, are trying to figure out why a car burst into flames over the weekend killing a man, his son, and another man nearby. jericka duncan has details. >>> is somebody in there? >> reporter: the huge explosion rocked this allentown neighborhood saturday night. [ sirens ] it shattered windows and turned this vehicle into a twisted fireball. >> i just heard the explosion. a big explosion like -- it scared me, startled me. i thought it was a house that blew up. >> reporter: authorities named the three victims. 26-year-old jacob schmoyer and r in the car that exploded. investigators say the third victim, 66-year-old david hulman, who knew schmoyer, was in close proximity to the vehicle. allentown police chief tony alslabin. >> the scene was probably the most horrific thing i've ever seen. it was a large scene. a lot of element

market. >> translator: the agreement that et we reached yesterday is a good agreement for canada. it's a good agreement for market throughout the continue nnt and it's very important. they will continue to do that to receive appropriate compensation for their loss of market share. >> when the prime minister offered to renegotiate, there were no sunset clauses and we already had a dispute resolution mechanism. so these are not new gains in this deal. we had hoped the government might negotiate gains for canada like anened to the biamerica policy that costs billions of dollars and thousands of jobs. does this deal put an end for the bi-american policy, yes or no? >> canadians are pleased today that we are moving forward on a histor acord that offers certai to investors, to businesses, but mostly to workers and folks in the middle cls. we have ended the uncertainty around trade in canada. we have demonstrated that we can move forward and continue to grow our economy, drawing in global investment, being part of the global supply chains and being an integrated part in the north america

so grateful that 88% of north dakota's export markets, canada and mexico, have deal. south korea, we have a new detail. str has notified congress of a new negotiation with japan, union, united kingdom. of glad there are two ships u.s. soybeans on their way right now to china. >> congressman cramer is a little late on the news. the e.u. right now is pulling out of the deal. with japan won't include agricultural products. so let's not overstate what is happening. in fact, congressman cramer almost blew the one provision the new nafta, which ourking very rudely about canadian neighbors. we have to bring the right kind of trade authority. this tradetell you, policy, i don't care what anyone our, is going to decimate foreign markets for the long term if we aren't careful and if ifre not fighting back and we can't fight -- >> sorry. thank you. owen.on number three from >> congressman cramer, you'll go first. >> when i go to school, do i worry about my safety? are north dakota schools sufficiently protected, and if not, how can they be better protected? >> you'd probably kno

such a move was in the and also fao sh where is the says it plans to grow the international market including canada, china and europe. >>> and can'twa . >>> before we go a look at the day on wall stree e tried to say. the dow fell 56 points nasdaqse 2 and s&p 500 town four. got me kung tied. >> i can't wait for t tall nut cracker guarding the front door. >> that does it for us tonight i'm sue sue herera. >> i'm bill griff gh. haveat evening. see you tomorrow 3 . >> this is "bbc world news america." >> funding of this presentation is made poible by the freeman foundation, and kovler fouation, pursuing solutions for america's neglected needs. >> how do we shape our tomorro it starts with a vision. we see its ideal form in our mind, and then we begin to chisel. we strip away everything that stands in the way to reveal new possibilities. at purepoint financial, we have designed our modern approach to banking around you -

the agreement many give american farmers greater access to canada's dairy market. meanwhile, canada will get protection from tariffs for its automobile industry. the agreement goes to congress, which can suggest changes. >>> happening now, crews are working to shore up cracked steel beams in the salesforce transit center in san francisco. the materials they are use to go stabilize the $2.2 billion arrived over the weekend. you will see temporary bracing that will relieve weight from the two damaged girders. fremont still blocked off between mission and howard. transit officials say they should know by tomorrow when they can partially reopen. >> good morning. time approaching 5:38 a.m. it is a mild morning as well. it is also humid. orinda, upper 50s at about 58 degrees. area wide, mild start. 50s to 60s. humidity will be high the next 24 hours. increasing clouds throughout the day. it is a dry day during the daylight hours. 6 in san francisco. 79 san jose. 73, oakland. 74 in napa. but you will need to find the rain gear for tomorrow. we bring back the storm impact s

companies looking to tap the capital markets up in canada. marijuana on a federal level. last week, a couple weeks ago. the canadian market is the place these big u.s. companies want to go to access capital to become bigger and bigger. of the action happening in the u.s. and how these companies will fund acquisitions. that is a big heart of what you are seeing today. have even with the recent selloff in some of the biggest names, massive valuations. what do we know about that in terms of whether the valuation for this company is legit? hard to think and we have seen canadian stocks go through the roof. for those companies that operate in canada, there are questions about how big the market will be there? it is the first g7 nation to legalize. it's a big deal. legal sales in the u.s. will be around $5 billion is here. that is bigger than the canadian market. that is still with prohibition happening. it is hard for me to say whether a valuation is right or wrong kid they have raised the 400 million u.s. in a private placement to put them at 4 b

pounds in trade between the two countries and mexico, is said to involve more us access to canada's dairy marketamerica. a referendum in macedonia on changing the country's name has failed to get a high enough turnout to be valid. adding the word "north" to the name would have ended a 30—year row with greece, which has its own province called macedonia. the dispute has blocked the former yugoslav republic from joining both the european union and nato. the price of gas and electricity is set to rise for millions of customers today. steph's here to give us all the info. this is an announcement that came out from british ass in august that kicks in from today. it is a standard variable rate tariff that is going off. —— going up. —— british gas. they are going up 3.8% which adds to the bill. centrica have said, the owner of british gas, it is because wholesale energy prices have gone up. this is the prices have gone up. this is the price they are paying for gas and electricity and they say it has gone up electricity and they say it has gone up by electricity and they say it has gone up by 20%. that

usmca has opened up the dairy market of canada to the united states.he majority government in quebec. it is hold to the majority of homedian dairy farmers -- to the majority of canadian dairy farmers. it was seen as a showdown between the -- the election was seen as a showdown between the liberals and the center-right party. >> a shifting of power after 15 years. disgruntledd the nature of dairty farmers responding to this new trade. they have said this will lead to the changing of the system currently in place. it is worth pointing out that is less in favor of protectionism been some political parties. catch up on all of this with the tv function. dive past interviews and into any securities on the bloomberg function. join in on the conversation and send us messages during the show. this is bloomberg. ♪ let's get you a quick check of the latest business flash headlines. the mostlectric rose in nine years after a shakeup at the very top. the new ceoill be in an attempt to drive the -- a much bigger turnaround. nd is seeking to invest about half $1

canada the equivalent of 3.6%. it also agreed to give more access to chicken, turkey and egg markets. exchange, the united states agreed to something canada wanted. kept in place a nafta provision that allows an international panel to settle trade disputes between the three countries as opposed to u.s. courts. however, the u.s. and canada didn't come to an agreement on an exemption from president trump's steel and aluminum tariffs which he's imposed on the basis of national security considerations. u.s. officials want to keep those discussions separate. canada exported about $24 billion in steel and aluminum to the united states last year. president trump, canadian prime minister trudeau and enrique penieto are expected to sign it. but they have to approve the agreement before it takes effect and congress isn't expected to vote on the deal until early next year. a short time ago, senate democratic leader chuck schumer who voted against nafta issued this statement. it reads in part, the president deserves praise for taking large steps to improve it. however, any final agreement must be

better access to canada's dairy market and allows extra imports of canada canadian cars u.s.president trump came to office promising to scrap the original deal. canadian prime minister justin trudeau has been speaking right now let's listen in and consumers around the world representing two thirds of the global economy this is a very good position to be added to this is the fact that canada is the only g seven country that has free trade agreements with every other g seven countries we will therefore continue to be extremely well placed for our businesses to reach new markets hire new workers and provide ever greater opportunities for canadians from singapore to keep from the northernmost point of the americas to the southern most we are part of a global free trade network governed by rules that benefits consumers and workers alike the fact is when it comes to trade our businesses are thriving right now our merchandise exports hit an all time high in june the highest in our history and middle class families are benefiting from that success unemployment is at a forty year low

it'll give american farmers greater access to canada's dairy market, and it offers canada some protectionsf trump imposes tariffs on cars. but americans could see a spike in car prices because the deal requires more auto parts to come from north america. now, congress still has to approve the deal, probably in november, and democrats chuck schumer there -- says the president deserves praise for the deal. >>> more retailers are choosing to stay closed on thanksgiving this year. at least 60 major stores have now said they will not open november 22nd. they include home depot, nordstrom, ikea, costco. more chains are choosing to give their employees the day off with an increase in online shopping. >> i can get behind that one. >>> all right, here's another reason to make sure your teenagers get enough sleep. a new study confirms that teens who are sleep deprived are more likely to drink and smoke. researchers say teens who sleep an average of less than six hours per night are also more likely to consider suicide. doctors say the study only finds a link between sleep and risky behavior but show

and, there are high hopes for the cannabis market, after canada became the first 620 country to legaliseational use. we'll get the inside track on what else the plant offers as we're joined by the boss of the first uk company to produce a soft drink containing cbd — the non—active element of cannabis. today we want to know, how protective are you of your data? tim cook is at a conference in brussels. that some data security so how concerned are you about what apps track you are and what data companies hold on you? let us know — just use the hashtag #bbcbizlive. some of you already getting in touch. thank you for those and keep them coming. hello, and welcome to business live. we start with trade — the world's two biggest economies have been slapping each other with tariff after tariff over the last few months in their escalating trade war. meanwhile the world trade organisation — the body that's supposed to referee this fight between the united states and china — has been left on the sidelines in urgent need of reform. that's why canada is hosting a meeting of like minded countries to tr

under the new deal, us farmers will gain access to about 3.5% of canada's dairy market. dian prime ministerjustin trudeau told reporters as he left his office. mr prime minister, is it a good deal for canada? it's a good day to canada. with us now is christophe bondy, trade lawyer at at the law firm cooley and former trade adviser to canadian government. he wasjust explaining he was just explaining to me there that you were involved in the ceta negotiations between canada and the eu so you have looked at the detail we have had so far and it is not all there by any means. we are expecting state m e nts there by any means. we are expecting statements later from canada and the us. what do you make of what we know so us. what do you make of what we know so far? to me it sounds really positive, in the first place that the deal has been concluded but beyond that, at least from a canadian perspective, chrystia freeland and the lead negotiator are to be congratulated with the details coming out. we were holding the line on having anti—dumping and duty, joint determinations and th

market. the lowest estimate is about $6.5 billion. it could grow to $10 billion in canadaon. that is across all different types of product forums. it will take time for the black market to convert to legal but it's an incredible day. david: an interesting analogy, prohibition. is for altering your mind as opposed to medicinal? brian: the legal market has been all medicinal higher to this. as country is rolling out -- you see countries rolling out, it will start focusing on recreational. you are looking at replacing other products like alcohol. alix: which industries can this disrupt the most? we focus on the beverage industry. brian: pharmaceuticals. if you think about opioids, they are talking about marijuana being an exit drug. it used to be a gateway drug. that's a huge disruptor for opioids in medication. stress release, epilepsy, sleep disorders, and when it comes to tobacco and beverage at all. there is another area. they are focused on thc, that is psychoactive. but there are over 100 different you cane oils -- exports recovery drinks and other types of categories.