trade wars are good and easy to win he tweeted that same day mexico canada and the e.u. were granted a period of grace on the second of april china announced punitive tariffs on one hundred twenty eight u.s. products tensions increased dramatically between the two countries until finally talks began. europe also tried to wind trump around but invain on the first of june the us introduced tariffs on european steel and aluminum twenty five and ten percent respectively but brussels wasn't prepared to take that lying down on the twenty second of june it put levies on jeans peanut butter and motorcycles. in response trump threatened to tax european cars. china and the us of also failed to reach an agreement from today over a thousand chinese goods are subject to twenty five percent levies by the u.s. beijing has issued immediate countermeasures and it's the u.s. is turned and probably more from beijing and so on for the first time in decades global free trade looks like it's under serious threat. so while we have the united states and china reining in free trade the african c

tariffs are severely impacting our three largest markets, canada, mexico, and china. canada, mexico and china accounted for 43% of our farm exports last year. president trump often talks about our need to export things that we make. but from a rural america perspective, we also need to export more of the things we grow. we recognize that over 95% of the world's population does not live in the united states. we must work together to protect, modify, and modernize our current trade agreements. we must be at the table. we must expand our market opportunities through new trade agreements. minnesota farm bureau strongly believes we need to resolve the trade concerns before we sorting to tariffs. it is critical that we limit trade disruptions and resolve trade disputes through negotiations not tariffs. and not withdraws from other trade agreement discussions. we must be at the table. once you lose a market, it's really tough to get it back. i appreciate the opportunity to appear before the sub committee and look forward to answering your questions. >> thank you and mr. vande

canada, mexico, and china. canada, mexico, and china accounted for 43% of our farm exports last year. president trump often talks about our need to export things that we make. from a rural america perspective, we also need to export more of the things we grow. we recognize that over 95% of the worlds population does not live in united states. we must work together to protect, modify, and modernize our current trade agreements. we must be at the table. we must expand our market opportunities through new trade agreements. minnesota farm bureau strongly believes that we need to resolve the trade concerns before resorting to tariffs. it is critical that we limit trade disruptions and resolve trade disputes through negotiations, not tariffs. and not withdraw from other trade agreement discussions. we must be at the table. once you lose the markets, it is really tough to get it back. i appreciate the opportunity to appear before the subcommittee and look forward to answering your questions. >> thank you, mr. vanderwal

or train an airplane almost certainly it was made jointly by workers in the united states and mexico in canada because the industries are completely there across the border. chances are that vehicle was made in north america and primarily in the united states but with some component parts coming from mexico in canada. there are still a few imported cars. but there's not very many. they are made in north america. a few of them are assembled up in mexico. they have a lot of component parts from all three countries. that is because the three they became incredibly competitive globally. and largely saved the auto industry in north america. when we talk about trade with mexico. when we talk about nafta we talk about it as though it's trade and it is trade. there's a lot of trade. that is a real trade. we do make things and send it to the other country. but much of what we do in mexico and canada is not actually trade in the strict sense. they're not things were just selling to the other side. but the actually things actually things that are moving within companies that are making a single product t

90% of what they are executing is trans percent -- is the transpacific partnership text which mexico and canadae already agreed to. the last 10% is the most difficult, making the agreement go away unless all countries act affirmatively. the country wants to create more uncertainty in investing in mexico. that uncertainty is creating a pause on investment at the moment. a deal is doable if there is creativity on both sides. david: explain about the sunset clause, because i do not quite get it. any signatory has the right to pull out with advanced notice. what is the difference between saying, i can pull out in six months or we have to negotiate in five years? michael: you are right. if there is a forced requirement that five years, all three countries have to act or it goes away, the view is that will change the dynamic. people running for president might be pressed to say, i will not renew nafta, and that is kind of uncertainty, that people are concerned about. there are other issues around autos, wanting to redo the supply chains and bring more of that back to the united states, and less sprea

we are talking about our best trading partners, canada and mexico. i would like your input on what you think the impact will be to ,he two closest partners canada, mexico, and perhaps now, england. the color make some wonderful points. we call them downstream industries. the steel industry benefits from higher prices. every industry benefits from higher prices. only pay for those higher prices. higher steel prices make it harder for us to give the military the hardware they need to defend the country. the military is a small insert -- user of steel. 40% of the steel used is in construction. the cost of commercial and residential real estate will go up. , we willcture spending get less infrastructure for our money because of higher steel prices. 25% of steel is the automobile industry. that is an important manufacturing sector in the u.s. they are going to get squeezed like harley davidson. higher steel prices and retaliation from other countries. you also mentioned canada and mexico. they are the number one and number two markets for u.s. goods. is th

we are talking about our best anding partner, canada mexico. i would like your input on what you think the impact is going to be just to the two closest partners of us, canada, mexico, and perhaps now england. caller makesk the wonderful points. we called them downstream industries. the steel industry benefits from higher prices. every industry benefits from higher prices in the industry come but the rest of us pay for those. higher steel prices make it harder for us to give the military the hardware they need to defend the country. the military is a pretty small user of steel. 40% of the steel we use is in construction. commercial and residential real estate goes up. infrastructure spending, we are going to get less infrastructure for our money because of higher steel prices. industry. automobile that is an important manufacturing sector in the united states. they are about to get squeezed, like harley-davidson, from both ends. mexico.ioned canada and they are the number one and number two markets for u.s. goods. the european union, if you look

in earlier this month warms the deal between mexico canada and the u.s. must be done quickly or have we consider america's options to it's all set to resume on thursday at funds worth is vice president of the council of the americas he's also former white house special envoy for the americas and he joins us on skype from washington d.c. thanks very much for being with us what do you make of this lesson and this warning from donald trump well i think it's definitely a two sided message the first side is look welcome to the presidency of beck's ago we look forward to working with you across a range of issues responding to a letter the president elect of mexico sent to president trump but contained in the letter is the basis of some complications down the road particularly on the trade agenda and president trump essentially gave a warning to the president elect in mexico as you said laura if you don't come to an agreement quickly on nafta we the united states are going to have to change our approach that's awkward because the president elect of mexico isn't

the first thing we have to see happen is take those tariffs away from canada and mexico. administration does that, that means they are serious about getting a nafta deal soon. david: autos, let's talk about that. it is not just canada and mexico but also europe. the ambassador of germany met with some automakers, saying, we could go to zero tariffs. is that a realistic possibility? the president said they are close to a deal with the e.u. carlos: no one is at zero tariffs. maybe singapore gets very close to it. the problem with the automobiles is that it is not like we ship a full automobile in place tariffs on it. an automobile can come from parts that are made in 8, 9, 10, 11 countries. that is where it gets complicated. example, thing is for general motors, their biggest market is china. they are now going to get hit in china. 60% of what the automobile companies in the u.s. import are for use inside a car. so what they are importing our raw materials. they are importing steel, aluminum, spare parts, different parts of the car, plastic. that will go up in cost. that me

relationship with canada, china, and mexico. for the next hour we are going to spend the time talking about u.s. trade disputes with canada, china and mexico. you could probably throw the eu in as well, before long. daniel griswold is with the mercada center. josh meltzer is with the brookings institution. gentlemen and, thanks for being with us. josh meltzer, i will start with you. when we say we have a trade deficit with canada, china and mexico, what does that mean? a trade deficit calculates the difference between goods and services purchased in both countries. sellinged states is less exports and buying more imports from the countries. host: the president has used the trade deficit argument is one reason to implement these tariffs against these countries. ?s that there right thing to do >> host: i don't think it -- >> i don't think it is. we run a surplus with canada. tradey his metric our relationship with canada shouldn't be a problem. our even if they are buying goods with the money they make in exports, they invest in th

debe incluir a mÉxico, estados unidos y canadÁ. o, un estudio de evaluaciÓn el sector automotriz revela que seis de cada 10 automÓviles mÁs vendidos son inseguros. marÍa elena nos presenta el informe desde ciudad de mÉxico. marÍa elena: a pesar de estar en el ranking de los 15 paÍses que mÁs automÓviles produce y vende, mÉxico ofrece a su poblaciÓn los vehÍculos mÁs inseguros, comparados con los que exporta, segÚn un programa de evaluaciÓn de autos nuevos para amÉrica latina. >> se ofrece la misma seguridad bÁsica que ofrecen a sus propios clientes en otros mercados, por ejemplo australia, japÓn, estados unidos y europa. marÍa elena: cuatro desde los 10 modelos mÁs vendidos no pasarÍan estÁndares de seguridad en otros paÍses. un mexicano promedio invierte el 70% de su sueldo anual para comprar un auto bÁsico, un estadounidense da el 26% por un modelo similar, pero no recibe lo mismo. >> en mÉxico se fabrica un sedan, se ofrece con dos bolsas de audio . el vehÍculo cuando se exporta de la plata de mÉxico a los estados unidos ofrece e

president has abused section 232 to impose tariffs on steel and aluminium, impacting our allies, like canada, mexico, countries of the eu. can you imagine being in canada and being told that your steel and aluminium exports to the united states represent a national security threat? canadian prime minister justin trudeau rightfully called the president's recent tariffs an affront to the long-standing security partnership between canada and the united states. and he continued kind of insulting. canada is the united states largest consumer, it buys more goods from the united states than china, japan and the u.k. combined. canadian companies operating in the united states directly employ 500,000 americans. canada and the united states share more than 5500 miles of a peaceful border. close to 400,000 people across that shared border each day for business, pleasure, or to maintain family ties. canada has been our partner in the war on terrorism. since 2001, more than 400,000 canadian armed forces have served alongside us in afghanistan. between 2001 and 2014, canada has been our ally, our partner, and our

>> i can't tell you that it's a good strategy with canada or even mexico. i think canada and mexico need to know that the president is se searious, he's not backing off. the vitriol is not just coming from canada or mexico. they're smaller countries. we allowed them to get away with it for years. the president says it's a time to come to an end. steel and aluminum are different. the president believes without a steel sector in this country, we don't have a national defense. it's a huge concern to him. defense issues are a big concern. steel and aluminum are different. it has spread. it's unfortunate. canada has been a great ally for a long time. >> neil: thanks very much. >> thank you, neil. >> neil: meantime, we're get confirmation that secretary of state mike pompeo plans to be leaving soon for his third trip to north korea on july 5. of course all of this at a time that north koreans may be playing fast and loose in that promise to denuclearize, including a facility where they're beefing up operations and a facility it looks they're adding to them. perhap

darle unos golpes, lo va a hacer.cree que serÁ posible un acuerdo para impulsar acciones entre mÉxico, canadÁ. el instituto le daba en sus Últimos conteos hasta un 53% de la votaciÓn total. en la ciudad de mÉxico, raÚl, univisiÓn. palmra: gracias, raÚl, la victoria de andrÉs manuel le ha confianza a muchos. - estoy muy contenta porque es un seÑor que va a sacar a mÉxico adelante. - es una persona muy linda, le han robado todos sus puestos. quÉ bueno que haya ganado. - yo creo que si va a haber mucho riesgo de que la economÍa de mÉxico se vaya. - el tiempo es lo que va a dar la certidumbre o no. palmira: en su discurso de anoche del zÓcalo agradeció a todos sus simpatizantes y dijo que no les va a fallar. celebraron el histÓrico triunfo de "amlo" en una sola histÓrica.-- zona histÓrica. reportera: palmira, partidarios del candidato triunfador celebraron en san francisco y dijeron que tienen la esperanza de que la situaciÓn en mÉxico cambie positivamente con el gobierno de andrÉs manuel lÓpez obrador. a las afueras del bar mexicanos que aseguraron haber votado por el candidato de morena estaban

taxing our allies like canada and mexico into the eu, can you imagine being in canada and being told that you are still in aluminum export -- your steel and aluminum export from the u.s. represent a national security threat? this is an affronts to a long- standing partnership between canada and the united states. it is kind of insulting. canada is the united states longest and largest american --. it buys more goods from the west and china and in the uk combined. canadian companies operate in united states directly employ 500,000 americans. canada and the united states share more than 5500 miles of a peaceful border. close to 400,000 people cross that border each day for business, pleasure, or to maintain family ties. canada has been our partner in the world on terrorism since 2001. more than 400,000 canadian armed forces have served alongside us in afghanistan between 2001 and 2014. canada has been our ally, our partner, and our friend. now they are told that there steel and aluminum exports to us represent a national security threat. that is an abuse of section 232 of the trade act

that's right, mexico and the united states and canada. the north america world cup. very exciting. something that would have been hard to imagine ten or 20 years ago. mexicans would have been reluctant. imagine canada and the united states perhaps they would have been reluctant to do a bed with the united states seeing this as an overbearing partner. we probably didn't have the awareness to give a joint bid 20 years ago. a lot has changed in this short period of time but my guess is that it would have taken until now for this to happen. it may seem on if you are at the point you listen to the political rhetoric things are different if we believe what we see coming across going to argue tonight but we should believe more in the world cup then we see in politics and then we see happening where we are actually coming together around north america and in relation of a different kind of relation is more where we are headed in the future than we see coming out in political discourse. we will come back to that because it does matter and it can shape what happens in important ways. but i s

coming from canada. 9% comes from mexico.at's, you know, a threat to our national security, i think you need to think twice. we call in the trump tariff. we're concerned, trump tax, why are they taxing us? ashley: so you're saying, essentially, we could well be playing more for our clothing, our footwear because of the impact of china and elsewhere in the world. >> absolutely. as i've said very often -- ashley: does it begin immediately on friday? >> no, no. it's a slow hike, but it's going to happen, and it's the threat of all in that just makes everyone concerned. we don't like surprise in the supply chain. nobody wants surprise in the supply chain. so we have to plan very carefully, very effectively, and we also have to worry what does this mean to the retail consumer. ashley: right. all right, we'll have to leave it there on the word of worry. rick, thank you so much for joining us. we really appreciate it. thank you. >>> all right, let's check the big board for you. the dow, it just missed turning positive, down 20 point

he is going at it against eur e europe, against mexico, canada, china.on said, the president's strategy is all wrong. >> the way to look at trade, the president has raised serious issues that are accurate around china that need to be fixed. we want nafta done. mexico is a wonderful neighbor. to be torturing mexico is dead wrong. it should be fixed. we thought what the president should do is work with mexico, canada, do tpp, work with our european and japanese allies and go to china with a common front. this is the way the modern world should deal with trade, around ip and various issues. now we have a little bit of a trade war with all our allies and china. somehow the president did a great job, we would have a great outcome. the president's team said there would be to retaliation. they have been wrong. if you do $200 billion of tariffs and cars, you get close to having reversing some of the benefits we have seen in the economy. >> trade advisers tell me that the economy is so strong, this is exactly the time for them to be addressing these issues with c

mexico, canada, the european union is a failed policy. it only results in mortar rivers that will hurt our farmers. charles: why would they target farmers? it's 1.5% of the economy. we went from 9 million to less than 2 million farmers in this country. why did they already target our farmers long before the so-called tariff battle began. >> when you look at levying against mexico, china, china is separate. when you look at canada and the european union, they want to buy our goods. i am glad he blinked and is pulling it back. tammy: that's hot. charles: let's bring that in. >> charles, come on. first of all, trump tariffs? according to w.t.o. guidelines his tariffs on steel and aluminum are according to w.t.o. rules. china, and mexico, and canada, their retaliation on tariffs is against w.t.o. rules. it's purely political and they are targeting trump's base. he started it, ned. charles: you are not going to lie to my audience. every country that you named has higher tariffs against america than america has against them. >> that's not true.

president trump says he may prioritize a bilateral trade deal with mexico over canada. ng a good rapport with mexico's president-elect. he said the u.s. and mexico are in his words "getting closer to reaching a trade deal." and the administration may have separate talks with canada earlier -- later. onmight breakup nafta talks separate tracks with canada and mexico. weston turkey has denied a request from the release of custody of u.s. based minister on trial on charges of aiding terror groups and espionage. is an evangelical pastor from north carolina and was arrested in a 20 16 coup from pkk as well as a network led by muslim clerics who turkey blames for the unrest. >> we are disappointed in the results of the hearing. i've read the indictment, i have attended three hearings, i don't believe there is any indication that pastor brunson is guilty of any sort of criminal or terrorist activity. >> prosecutors are seeking a 15 year prison sentence for crimes he is charged with committing in the name of the group and the pkk. puerto rico's power company is named the third c

from trump to andres as obrador who was voted in earlier this month tom form the deal between mexico canada and the u.s. must be done quickly or head reconsider america's options talks are set to resume on thursday. his vice president of the council of the americas he's also a former white house special envoy for the americas he says lopez obrador isn't technically in a position to follow through on trump's advice. well i think it's definitely a two sided message the first side is look welcome to the presidency of becks ago we look forward to working with you across a range of issues responding to a letter that the president elect of mexico sent to president trump but contained in the letter is the basis of some complications down the road particularly on the trade agenda and president trump essentially gave a warning to the president elect in mexico if you don't come to an agreement quickly on nafta we the united states are going to have to change our approach that's awkward because the president elect of mexico isn't even inaugurated until december first so it's almost all he doesn't have

tariffs are severely impacting our three largest markets, canada, mexico, and china. canada, mexico and china accounted for 43% of our farm exports last year. president trump often talks about our need to export things that we make. but from a rural america perspective, we also need to export more of the things we grow. we recognize that over 95% of the world's population does not live in the united states. we must work together to protect, modify, and modernize our current trade agreements. we must be at the table. we must expand our market opportunities through new trade agreements. minnesota farm bureau strongly believes we need to resolve the trade concerns before we sorting to tariffs. it is critical that we limit trade disruptions and resolve trade disputes through negotiations not tariffs. and not withdraws from other trade agreement discussions. we must be at the table. once you lose a market, it's really tough to get it back. i appreciate the opportunity to appear before the sub committee and look forward to answering your questions. >> thank you and mr. vande

canada. i think the trade balance in the trade industry with mexico has been good. with canada, it continues to be a problem. thank you all for your testimony today. thank you mr. chairman, i yield back. across theave to run street and vote. sadly, i will let you know it could be close to one hour until we are back. we will adjourn until we come back and visit with you for another hour or two. thank you. >> thank you for your patience. it doesn't even seem like we were gone. we are going to continue with questioning. mr.next person in line is 11. you are recognized. >> thank you for your patience. listened to your testimony eagerly. across the board, there is a lot of sympathy for -- sympathy may be the wrong word. empathy. there is the problem. have the democratic side been urging action on china for years. against the manipulation of their currency. against their practices in terms of state owned enterprises and steel, and other products. on the nowd any help majority side. when it came to currency, there was virtually no support for effort to take action on china'

terrace in response to the move last month on aluminum, canada, mexico and the european union. trump claims imported steel and aluminum pose a threat to u.s. security. cheryl: they may still use them for other potential tariff ideas that are floating around. finally, some good news for tesla appeared the company have been in manufacturing milestone. gerri: tracee carrasco joins us with more on that another headlines. >> we were sure they were going to do that, but tesla has reached its production goal of holding more than 5000 in the last week of the second quarter. according to an internal e-mail, elon musk congratulated his team for hitting the golan said, quote, think we just became a rail car company. tests expected to officially announce second production quarters and the will to sustain the 5000 civilians. cheryl: goldman sachs have a stern warning about tesla early last week that production was far behind. we will have to see. box office come at the weekend big obviously. >> dinosaurs ruled at the box office for a second weekend in a row. >> these creatures were here be

it faces a 25% tariff from china on top of those aeady levied by europe, mexico and canada, and statesessee and kentucky that ry the m on whiskey from revenue are getting hit the hardest. us essa brewer is with tonight. >> at kentucky brewing company, tourists belly up to the bar to sample bourbon craftedn site. this fifth-generation, family-owned business has big plans for growth. >> we plan on being in, you know, six to seven countries in the next couple of years. so we're cstantly expanding what we do. >> but newow tariffs are tg a wrench in the works org perhas the nto bourbon. >> right now there is a lot of investment in kentucky bourbon and a lot of it is coming to kentucky because people are excited abou exports. >> the rise, fall and rebirth of american whiskey. he said bourbon is the last, true, signature industry for this state. >> when someone thi kentucky. they're not thinking about fried chicken anymore. they're thinking about kentucky bourbon. when you start tariffing it and taking away jobs and hurting it from being exported to spain, the united kingdom, to mexico, ,to c

i see it when ohio autoworker molds plastic dashboards shipped to mexico or canada, built into a car across the border to be sold, i see it in texas, we serve a factory that makes glass bottles, we ship scrap glass into the factory, turned into bottles, we ship those to mexico and they are filled with one of our be favorite beers and get shipped to the united states for distribution in restaurants. that cycle happens over and over every day, tens of thousands, hundreds of thousands of times a day so from my vantage point it is crystal clear the us economy is quite strong. doubtless some part of that, maybe a large part of that is due to the corporate and individual tax reform that was passed, some part of it is due to the sensible regulation our government is approaching business with right now. very positive news from our customers that they both tax reform and the sensible approach to regulation are generating strong consumer optimism and growing their confidence in capital investment but our potential exit from the north american free trade agreement or nafta along with a growing

all of united states mexico canada that can be a target for the russian national team to to improve let's make a challenge and sometimes challenges all dreams they become reality one day so let's see in the next twelve years. i coach the russian national team and some of them they play for me they will. until i got it. and i was might see some those youngsters in russia's next world cup squad oh darn now of course the last eight. the world has been on a roller coaster ride from the very start to some boat seems to be a bit of a year one of motional support they've got their four legged friends with them for cup. that's it from me now for a while studio in st petersburg fla when i speak out of all the frills on spills the world cup when did seem as it rumbles on this some also on all t don't call stay seated for two bucks or. so it seems wrong. at all well just don't call. me lol that is yet to shape our business comes to education. and in. the trail. when some find themselves worlds apart. she still looks for common ground. for pleasure a deal is when the interest on the debt is greater t

all of the united states mexico canada that can be a target for. the russian national team to to improve let's make a challenge and sometimes challenges all dreams they become reality one day so let's see in the next twelve years. i coach the russian national team and some of them they play for me they'll. feel my gosh. well now down to the last eight teams and sounds across the wall have been on the road across the right for a roller coaster ride from the start of the tournament for some though it seems to be a need for a bit of emotional support from that four legged friends. lots of a must for the solid do you stay tonight in times minutes and back with more live coverage from the full to you right here in los angeles but you can follow all the thrills and spills all the twenty eight seen while top other continues this summer also on altie dot com. which the messenger no i haven't but stuff that even my friend told me to look at a poll just ten second please. here in moscow things guys but she later colored news stories this wednesday lunchtime

will impose tariffs of twenty five percent on steel and ten percent on aluminum on allies such as mexico canada and the european union manila tran is following the story and joins us tonight and you know it certainly sounds like a trade war has it developed into one at it's not official yet but certainly new fears of a trade war is looming as this announcement delivered by commerce secretary wilbur ross spells out that when the clock strikes strikes midnight the cost of business will go up. he. makes it. out to. be. tonight and over and brussels this news was met with a lot of anger and pushback from e.u. allies here's the european union commission president john claude yorker this is a but the. choice you opinion can look. we have to that we've had you can't just be action so really you need to introduce a sort of a dispute. on the. love the country the knowledge in this coming conflict doesn't seem measures taken. to do exactly the. same and in a press release younger said that the e.u. was also being hurt by the flooded steel market as much as the u.s. but went on to say that transactions we

effort to improve the north american free trade agreement, 1/2 tarks among the united states, mexico and canada. -- nafta, among the united states, mexico and canada. he's called this agreement one of the worst ever but has offered concrete ways to imfrove and modernize it for current conditions -- to improve it and modernize it for current conditions. and no doubt these are in fact significantly different than back in 1992 when the nafta agreement was arranged. this work continues in earnest and i'm pleased that the administration has made significant strides in improving nafta between canada and mexico over the past year. something that i think's very important in my home state of arkansas where mexico and canada are absolutely the largest trading partners that our companies and farmers have in my home state. president trump's objectives of changing the trade policies of china have proven more challenging. and tonight we'll talk about the president's strategy. because we want the united states to have that opportunity in china. we want a more open china trading process. we want more goods and

shery: president trump said he would try our ties a bilateral deal with mexico over canada.re your members already looking at scenarios where you could see a collapse of nafta? and how could they reposition themselves a bilateral trade -- if bilateral trade deals take effect? nafta has been absolutely critical for the u.s. auto industry. we have had an opportunity to talk about this in the past. it has really benefited the american auto industry. more cars now in the red states than we did before nafta. we export twice as many cars than we did before nafta. we export four times as much value. nafta is a winner. i'm concerned that nafta might unwind. i also want to continue to encourage our trading partners to talk together. i think if the u.s. is having good conversations with mexico and that allows both the u.s. and mexico to include canada and continue to work toward a trilateral deal than we would want to continue to encourage that. separate bilateral agreements is not nafta. thanks for your insight today, john bozzella. joining us today from washington. coming up in the

trump to andres manuel lopez obrador who was voted in earlier this month when the deal between mexico canada and the u.s. must be done quickly or he'd reconsider america's options talks are set to resume on thursday. israeli army says it shot down a syrian fighter jet after it flew into israel's air space but syria's media says the war plane never left its territory crashed on the syrian side of the golan heights where the syrian forces launched several raids against rebels turkey's parliament has approved a new security law to prevent future attacks on the country it will grant war thirty two governors extend tension parrots and allow public servants to be dismissed it was passed after a state of emergency which lasted for two years was lifted last week the bills supporters so the law is needed to safeguard the country from followers of the us based cleric ayatollah glenn i'm chris says it was behind a failed coup attempt you're up to date now with all the headlines i'll be back with more news here on al-jazeera after walls of shame. when people think of cuba they think of revolution but iv

all of the united states mexico canada that can be a target for the russian national team to to improve let's make a challenge and sometimes challenges all dreams they become reality one day so let's see in the next twelve years. i coach the russian national team and some of them they play for me they will. until i got. to meet in real life mates and they were fans across the world on a roller coaster of emotions many heroes brought their four legged friends along for comfort. well keep with you during the whole future the world cup in russia four legged animals everyone's long see it get all the news action about stories as they happen on iraq be filmed on budget or ready to go on a call also call for years. the next fifty minutes or so looking at some of the world news stories now and first off it's us independence day good day if you're celebrating it apparently though a new low of american patrick isn't a report of the same time for the first time a poll by the public a pretty consultant gallup suggests that less than half of those surveyed in the us said they were extremely proud t

all of the united states mexico canada can be a target for. the russian national team to to improve let's make a challenge and sometimes challenges all dreams they become reality one day so let's see in the next twelve years. i coach the russian national team and some of them they play for me they will. until i got a. deal work imagine that audience for the man himself so for the fans across the world on a roller coaster of emotions seems a bit of emotional support be needed many of their four legged friends along. thank you. for your friends to so many amazing characters devoted fans of course great football all part of the huge summer world cup here in russia get all the news all the action on the back stories as they happen from us on our side of course. is independence day and apparently a new low in american patriotism for the first time a poll by public opinion consultants gallup suggests that hoff less than half of the thoughts of those surveyed in the us say they were extremely proud to be american caleb maupin tells you more. the four

all of the united states mexico canada that can be a target for. the russian national team to to improve let's make a challenge and sometimes challenges all dreams they become reality one day so let's see in the next twelve years. i coach the russian national team and some of them they play for me they will. until i got. an audience for the man himself great table with fans across the world on a roller coaster of emotions it has been super many he brought their four legged friends along for. four legged friends to so many amazing characters we showed you as many as we can here the voted found on a cause great football all part of the huge summer world cup here in russia get all the news get all the action and back stories as they happen from us. main site dot com. it's nine fifteen now this wednesday morning let me take you to some other world news headlines away from the football it's us independence day and apparently a new low in american patra tism for the first time a poll by public opinion consultants gallup suggests that hoffa less than half

united states mexico canada can be a target for. the russian national team to to improve let's make a challenge and sometimes challenge is all dreams they become. reality one day so let's see in the next twelve years. i coach the russian national team and some of them they play for me they will. go i guess. and i was might see some those youngsters in russia's next up world cup squad oh down now of course the last eight and fans across the world have been on a roller coaster ride from the very start to some though there seems to be a bit of a year that needs it but one of motional support they've got their four legged friends with them for comfort. and that's it from me now from our studio in st petersburg full speed. spittles as well. as it rumbles on this some also called. on the old school to get underway here in russia on friday now it is independence day today in the u.s. but a majority of americans for the first time in at least eighteen say they are no longer extremely proud of their country at least that's the finding of a p

. >> reporter: trump has imposed massive tariffs on steel and aluminum on the eu, mexico, canada and china. and those countries swiftly retaliated by slapping sweeping penalties on an array of american products. hardest hit? farmers. a crucial segment of the president's political base. gregg hora has been raising hogs in ft. dodge, iowa, for years. >> we need the administration to come to these deals quickly and not have agriculture products like pork used as a retaliation tool in these trade negotiations. >> reporter: in pennsylvania, richard schloberg grows soybeans. >> i understand why he's trying to do it, but it's affecting farmers in a negative way. >> reporter: so yesterday, a bailout, president trump promising farmers a whopping $12 billion in emergency payments right before the midterm elections. congressional republicans, who ran on free trade and budget discipline, hated it. >> and farmers don't want a dole. they want to trade, they don't want aid. >> reporter: all that led to today's declaration. tariffs remain in place for now, but the us and eu will work together to ope

president has abused section 232 to impose tariffs on steel and aluminum impacts our allies like canada, mexicountries in the eu. can you imagine being in canada and being told that your exports to the united states represent a national security threat? >> and the senate then voted on what jeff flake called a rebuke of the president. they voted 88-11 to add language to a bill saying that congress should change the law that the president is abusing, section 232 of the trade act. the constitution gives the congress the authority to raise or lower or eliminate tariffs. in 1962 congress created a tiny loophole that allows the president to change tariffs only in response to a national security threat to the united states. today's vote in the senate was bipartisan to close that loophole. all democrats voted for what jeff flake called that rebuke of the president and most republicans voted for it with only 11 republicans voting to support president trump's tariffs. so sanity in the senate? will we see more of this? that's next. (vo) we came here for the friends. and we got to know the friends of our f

look at a map of canada, u.s., mexico. canada has the lowest tariff rates against goods.s in at .8%. the united states 1.6%. but look at mexico, 4.4%. that is three times higher tariffs rates than we do. things have kind of slipped there since nafta started. >> yeah, but it is not really a problem for us because we're still selling them incredible amount of agricultural produce and the idea we'll gain by having a trade war is simply a mistake. there is a very famous saying, the most politicians are the servants of long dead economists. and long dead economists from the 18th century in france believed it was very, very important to not import, to not import more than you export. it doesn't matter. we could export all we want. we can import all we want. none of that matters in the long run it evens out and mexico is very valuable trading partner. we don't want to step on their toes. david: you're not alone, even among folks in the trump administration. we had larry kudlow said i don't like using metric of trade deficits in order to figure out what kind of trade policies we

whether talks with mexico and canada, whether they are off the table for now. if the administration choosing to go with mexico? >> we are continuing those tracks. see a lot of progress. if we could make a bilateral to dowe are very happy that. we are continuing both conversations. >> russians have names several americans they want to question. including a former ambassador to russia. does president trump support that idea? >> will let you know when we have an announcement. a topic that came up in their conversation? works there was conversation but not a commitment to read the president will work. >> does the president know there could be tremendous retribution for the european union? a tariff ofed about 20%. is that what he meant? >> that is an option the president is considering. investigation process and we will let you know when there is an announcement. >> the fed, the beige book came out. here are some of the headlines. manufacturers concerned about terrorists. terrorists are increasing. prices have fallen. rosy not necessarily a picture. your response? is

he also wants one, not only with mexico, with canada, but also with japan. but you told us yesterday that japan is having something else going on with the european union. this all coming into play at a time when president trump is just pushing a different agenda for the united states. >> this trade deal that the e.u. and japan represent 2/3 of the world's g.d.p. the president has said consistently that he prefers to do these types of bilateral trade agreements. but he's getting a multilateral response. in addition to that, it's an nnual conference of sorts. it also comes at a time in which, quite frankly, the chinese are looking for how to respond to this as well. but there's been widespread growing consensus that perhaps the chinese growth model might be a bit on the back foot as a result behalf we're seeing coming out of washington. but, you know, that meeting next week with the e.u. and president trump coming after he literally just said that they were a "foe" in terms of trade on economics. it's going to be an interesting day. >> used to that by now, but

and europe but also mexico canada japan korea and china and if they do that it would be good news because they would have found a way to solve this problem in a cooperative manner but it has to be with all of them around the table not just germany and the u.s. let's take past then for a minute how do we avoid a trade war what lessons can be taken from history in this trade dispute. listen we take from history is that nobody wins a trade war that in order to solve a trade dispute you have to sit around the table and talk that it's good maybe as a first move to threat then that improves your leverage obama goes on but at the end of the day it's through a negotiation this is the hard lessons of history you know we went through these already in one thousand thirty when the u.s. congress decided that largest increase interest ever in the history of the u.s. we know that these aggravated the great depression we know that this was the prelude of the second world war and we know that after that countries decided that the best way to manage their trade relations was through cooperation did around

that's before and after into and out of canada, mexico, asia, europe, south america. literally around the globe. we're the only railroad with service to the six gate ways and we enjoy about 70% of the that business. all of that means i see how international trade benefits our country every day and the stories of americans that we serve and that we see and that are employees. i see it in the iowa farmers that raise soybeans. i see it in texas. we serve a factory that makes glass bottles. we ship crushed glass into the factories. turn into bottles. it ships down to mexico and gets filled with one of our favorite beers and it gets shipped back up here. that sicycle happens over and or every day, tens of hundreds of times every day. it's crystal clear that the u.s. economy is quite strong. some part of it is due to the sensible regulation that our gov government is approaching business with right now. i've heard very positive news from our customers that say that both tax reform and the sensible approach to regulation are generating strong consumer optimism. generating de

at least here in the united states given everything with china, with europe, with canada, mexico on the trade front. why is it that our markets are holding up better than other markets around the world given everything we know >> because the u.s. economy is doing so well. that's simply the answer we're going -- we're in sort of the pre-earnings kabuki dance before we start the whole earnings cycle again but i expect we'll see strong numbers. we'll see very, very strong numbers from the banks bank valuations are extremely low right now. the stocks have not done well more recently. but valuation support is tremendous and ultimately it's going to drive the stocks higher >> last week in the fedex pressed worries about what could happen to the broader economy because of what's going on with trade. as don pointed out, pretty resill yebt. we looked at the jobs reports. pretty good. kind of absorbed any worries from the tariffs going into place with china the $34 billion. at one point do we start to worry where corporate earnings aren't enough and the economy -- falls apart? >> you have to see

also leveled tariffs on steel and aluminum against mexico canada and the european union all countries have retaliated with similar duties on u.s. products the i.m.f. says the tariffs could shave up to a half a percentage point off of global growth by twenty twenty the i.m.f. says the tariffs come at a time when other risks threaten the global economy rising oil prices political turmoil in latin america and changing migration policies in europe the i.m.f. says growth is already slowing in europe japan and latin america. he added shock of a trade war could ripple through the global economy because trade affects about three quarters of world output the u.s. economy could also be at risk because of inflationary. pressures and further retaliation but the i.m.f. says the ones who could be hurt the most are the ones who can least afford it it's usually the poorest who are who are hurt by these sorts of measures so you know. this is not that way not the way we want to go the i.m.f. thinks escalating tensions could still be avoided if the u.s. and its trading partners would negotiate with help

trade wars are good and easy to win he tweeted that same day mexico canada and the e.u. were granted a period of grace on the second of april china an ounce to punitive tariffs on one hundred twenty eight u.s. products tensions increased dramatically between the two countries until finally talks began. europe also tried to wind trump around between vein on the first of june the us introduced tariffs on european steel and twenty five and ten percent respectively but brussels wasn't prepared to take that lying down on the twenty second of june it put levies on jeans peanut butter and much cycles. in response trump threatened to tax european cars. china and the u.s. have also failed to reach an agreement from today around eight hundred chinese goods is subject to twenty five percent levies by the u.s. beijing has issued immediate counsel then it's the u.s. is turned then probably more from beijing and that one for the first time in decades global free trade looks like it's on to serious threats. more analysis and coverage of the trade conflict with a full fifteen minutes of