meeting in paris both sides have their list of targeted goods drawn up the organization for economic cooperation and development repeating its warning against import duties and slightly cutting its growth forecast for this year the clock is ticking and it's just a matter of days now before the u.s. start slapping tariffs on european steel and alan minium imports that's unless an agreement can be found before friday under mounting pressure the e.u. met with u.s. delegates for talks on the sidelines of the o.e.c.d. summits in paris the u.s. commerce secretary however said he saw no need for haste. can be negotiations with or without terms police news there are plenty of terms of the police and who knows and so it's not that you can't talk to us because the terms. e.u. trade commissioner cecilia mounts trim rejected that approach she's warned retaliate three measures including a trade war would be on the cards if negotiations fail our future course of action will depend on the nature and the severity of measures imposed on our exports by the united states and the injury it does to our industry and that could mean

of the current a trade conflict dogging the world's largest economies the organization for economic cooperation and development the o.e.c.d. remains optimistic about the future in its economic outlook published today it predicts global growth to reach almost four percent next year but risks remain primarily where trade is concerned delegates from the united states and the e.u. are using the meeting in paris to agree a reversal of the steel and tariffs but there's not much time left. the clock is ticking it's just a matter of days now before the u.s. start slapping tariffs on european steel and aluminum imports. that's unless an agreement can be found before friday. with pressure mounting e.u. and u.s. delegates met for talks on the sidelines of the o.e.c.d. summit in paris. e.u. trade commissioner o.c.d. amount stroom said retaliatory measures including a trade war would be on the cards if negotiations fail. our future course of action will depend on the nature and the severity of measures imposed on our exports by the united states and the injury it does to our industry. and that could mean tariffs on many u.

congratulations go out today to the people of greece the organization for economic cooperation and development says there are enormous reform effort is bearing fruit still the o.e.c.d. stephens to continue with reforms after its third bailout expires in august alexis tsipras says greece doesn't need more austerity but rather early. greek prime minister alexis de press has good reason to smile he's received high praise from o.e.c.d. secretary general and head greer for his country's impressive progress and reforms even though they were not voluntary and sometimes against the will of his people resist reform efforts are paying off the greek economy is growing again we think this year it's going to grow to brazil. broomsticks year two point three percent. that's why the country intends to leave the aid program by the summer and stand on its own two feet in order to achieve these goals the o.e.c.d. feels that greece needs to use reforms to further reduce its debt members of the euro group have even hinted that greece might receive debt relief although germany would be against the move. a surprise

meeting in paris both sides have their lists of targeted goods drawn up the organization for economic cooperation and development repeating its warnings against import duties at the same time is cutting this year's growth forecast. the clock is ticking it's just a matter of days now before the u.s. start slapping tariffs on european steel and allen minium imports that's unless an agreement can be found before friday under mounting pressure the e.u. met with u.s. delegates for talks on the sidelines of the o.e.c.d. summit in paris the u.s. commerce secretary however said he saw no need for haste. can be negotiations with or without terms please good news there are plenty of terms. and police and who knows who it's not that you can't talk to as we go through the terms. e.u. trade commissioner cecilia mts trim rejected that approach she's warned retaliate three measures including a trade war would be on the cards if negotiations fail our future course of action will depend on the nature and the severity of measures imposed on our exports by the united states and the injury it does to our industry and that could mea

a trade war now both sides have their lists of targeted good strong up the organization for economic cooperation and development repeating its warning against imports while at the same time as cutting this u.s. growth forecast. the clock is ticking it's just a matter of days now before the u.s. start slapping tariffs on european steel and aluminum imports. that's unless an agreement can be found before friday. with pressure mounting e.u. and u.s. delegates met for talks on the sidelines of the o.e.c.d. summit in paris. e.u. trade commissioner o.c.d. amount stroom said retaliatory measures including a trade war would be on the cards if negotiations fail. our future course of action will depend on the nature and the severity of measures imposed on our exports by the united states and the injury it does to our industry. and that could mean tariffs on many u.s. products including cranberries peanut butter orange juice motorcycles and whiskey. branded a d w exclusive our correspondent in paris lisa lewis caught up with germany's economy minister paid out my ear at the conference and she asked him our favor in a you

the head of the organization for economic cooperation and development and warning against knee-jerk reactione political turmoil in italy. onwe cannot react fundamentals structural policy issues to the day-to-day ups and downs to the markets. downs ofo-day ups and the political situation which changes from one moment to the next. you cannot make policy based on that. you need things to settle down and then you take a more definitive solution. vonnie: today, the italian officials arethat there. here is megan greene from manulife asset management. what is the danger this picks up again? relative calm now but if there is another announcement, will the bond market go haywire? >> it seems likely we will have a new election in italy, where the july or september. the populist i think would do quite well. the next day development will be what kind of pre-election coalition are formed. whether they will be partnerships. over the negotiations, relationships have degraded. berlusconi will be the moderating factor on a coalition with his party. five-star pre-electionberluscone moderating coalition , not

. >> dana: the o.e.c.d., the organization for economic cooperation and development says that the average2015 in different companies, u.k. is $479. and the united states is $1,116. do you think if you were able to get more of the drugs to the generics that the united states, commitment on that would dramatically decline? >> there is not a silver bullet here. there is no single solution. but getting more competition in the market has an impact on the prices. this is not just jeer if -- generic drugs. it's also branded drugs. we have to have price competition. people with monopolies don't have them in perpetuity. >> dana: let me ask about one other thing. the house passed the right to try bill. take a listen to president trump on that the other day. >> president trump: right to try passed. we'll sign it possible sometime next week. this gives people hope. we can go, they will sign a waiver and they will use what they need. and in this cases they will be helped. >> dana: this has been a big priority for some for a long time. do you think it will have an impact on people seeking some sort of