like what the united states want fighting accusations of protectionism trumps finance minister stephen nugent offer to open trade negotiations with japan as well as the e.u. not so fast says france they want the us to take back all recent tariffs and threats as a precondition for talks to start the officially you policy sounds a little softer. well it's not the brain condition because we conditions were good but it would be a great wish. whether a great wish gets the u.s. to change its strategy is unclear but for now g twenty finance ministers maybe with the exception of stephen moore present themselves as one big family working together for free trade. cuba has begun a cautious process of reform instigated by its new president. in april he became the first non castro head of state on the island for sixty years and this weekend parliament approved a new cabinet consisting almost exclusively of ministers who already served and our own castro deputies are also debating constitutional reform which among other things will permit to private property but cements the communist party's hold on politi

like what the united states want fighting accusations of protectionism trumps finance minister stephen nugent offer to open trade negotiations with japan as well as the e.u. not so fast says france they want the us to take back all recent tariffs and threats as a precondition for talks to start the officially your policy sounds a little softer. well it's not the brink condition because we conditions are good but it would be a great wish. whether a great wish gets the u.s. to change its strategy is unclear but for now g twenty finance ministers maybe with the exception of stephen merchant percent themselves as one big family working together for free trade. french president emmanuel mccall is facing the first political crisis of his tenure on sunday prosecutors announced they've launched an inquiry into one of macross top security staff a video surfaced last week showing ellis island. assaulting a man and a woman at a may day demonstration in paris now he was fired on friday but opponents accuse mccall of trying to cover up the incident. the twenty six year old former top security aide to the

like what the united states want fighting accusations of protectionism trumps finance minister stephen nugent offer to open trade negotiations with japan as well as the e.u. not so fast says france they want the us to take back all recent tariffs and threats as a precondition for talks to start the officially your policy sounds a little softer. well it's not the condition because we conditions are never good but it would be a great wish. whether a great wish gets the u.s. to change its strategy is unclear but for now g twenty finance ministers maybe with the exception of stephen minutes ten percent themselves as one big family working together for free trade. business team joins me in the studio to talk about this meeting which is clearly dominated by donald trump's trade war which is now being called by by by france what did the u.s. treasury secretary steve nugent bring to the table. first of all he brought an offer to the table but it's really hard to reach that offer what was it was it an apology or was it like saying look we don't mean what we just did we want to talk we want to trade or

like what the united states want fighting accusations of protectionism trumps finance minister stephen nugent offer to open trade negotiations with japan as well as the e.u. not so fast says france they want the us to take back all recent tariffs and threats as a precondition for talks to start the officially you policy sounds a little softer. it's not the precondition because we conditions are never good but it would be a great wish. whether a great wish gets the u.s. to change its strategy is unclear but for now g twenty finance ministers maybe with the exception of stephen merchant present themselves as one big family working together for free trade. from business team now joins me in studio to help me unpack everything that's going on so as the g twenty finance ministers released their communique earlier this evening but whether any surprises there you know there were no surprises and that was pretty much expected it's a g. twenty meeting after all they said and there was maybe one of the key sentences during the press conference that dialogue is key to the g. twenty of course we know tha

liz: would've president trump and for that matter treasury secretary stephen nugent known what ceciliaad already talked about, which was that she did not believe they were serious simple because this issue had arisen once before, but they couldn't drop tariffs entirely because of us laws that have been put in place that protect us industry. >> exactly what right. liz: what are those laws. >> there are a whole bunch of them and we have high levels of tariffs on light trucks that protect us to metric-- thomistic industry so it's not clear at all. liz: suvs, by the way. >> huge percentage of the profits for general motors which you just mentioned in your introduction so it's not clear at all that the us auto manufacturers it would actually support this in the near term. liz: obviously and there was so much tension when president trump was with the g7 most recently and could necessarily see it from the family photo, but everyone wondered what really might happen here and as you look at this prospect of a tariff free world, i just think it sure sounds good, but seems problematic; correct? >