off financial correspondent sophie szymanski is in new york sophie how is all of this playing out on u.s. markets. yeah well it could not come as a surprise to learn about a wall street is back on the green correct we could see a turnaround in stock prices on wednesday and yet there was this moment of shock as opposed to reaction something that we have observed many times people when their political news that are not directly impacting american investors like the breakfast for example and then we see the markets recover out of quickly you must not forget then that it situations like these investors simply create their own buying opportunity by letting stocks drop and then they go back and participate in the rally or outward trend a quickly an exit in italy from the e.u. it's probably the worst case scenario but if and when this might happen is not bothering investors on wall street too much of these at the moment all right let's move on then look at some other news it seems the amazons invading the last bastion of brick and mortar stores. yeah for that is pretty exciting this develop

everything will get easier that will not be the case and i asked our wall street correspondent sophie szymanski how america justifies calling foreign car imports a national security threat. well daniel i think it's really important to understand here the way that will go wrong is actually defining national security and he refers back to the trade expands an act of nine hundred sixty two and that is saying that basically national security military security is the same thing or has to include security on the economy up employment so whenever anything is present in the labor market or the economy then this is. anyone or anything with red military security and everything exactly how that justified that brand and it seems trumps on again off again relationship with kim jong un has shaken the markets out of the u.s. president called off a historic meeting with the north korean leader what reaction do you see all the reaction of the investors change during the day a person could really see a drop in stock prices especially of the stock prices or stocks listed in the dow jones two hundred sixty points

sophia szymanski in new york for us this evening thank you very much. well here with me in this studio to talk more about this is alan kohler from the j.f.k. institute at the free university of berlin when imposing these tariffs president trump invoked a seldom used section of trade or from the one nine hundred sixty s. in fact allowing him to impose trade barriers when there is a threat to national security was was there any sign of that. i thought canada i thought the european union i thought mexico were all friendly countries and also that we're all in the same boat together speaking about security so it's clearly one of these distant ideas of industrial policy if you don't have something very specific then somehow you're less of a nation less secure but it is clearly just made up the only way he could get to do what he's just frightened to do and he's doing it does seem rather obscure but the u.s. common. saying that not enough had been done to reduce that trade deficit we do have to acknowledge it is it is very large does he have a point that somet

i thought safer szymanski own of wall street good to talk to you as ever. for chicago has managed to switch from austerity to prosperity now following the financial crisis the socialist government returned to power raising the minimum wage boosting welfare and reversing a tax cuts on the rich the markets well at the time they screamed in panic but these days fortunately has been growing every quarter since late twenty fifty the new policies are also combined with a couple of nice little and is that the sunny country tourism and why. business is good for evo al gore sht he produces portuguese wine on his vineyards outside lisbon he has thirty employees and is looking to expand in the beginning there were four leave this for and then have to upgrade it to increase the capacity then we buy those we will double the capacity we put in the equipment just side by side because we are in the maximum capacity of production and we have more demand and with what can you produce since twenty fifteen portugal's g.d.p. has been growing again last year by two point seven p

sophia szymanski in new york for us this evening thank you very much. i was able to breath now as its leader move some uncertainty for now a little bit of progress to report for a change well there you are going to italy tonight to the right wing league in the populace five star movement say they've reached a deal to form a new government of the government will be led by law professor just as they call him today who could be sworn in as early as tomorrow it will be called he's a second shot at becoming prime minister last week he returned his mandate to form a government after president. rejected his proposed economics minister ard for more on that there we go for more on that we want to go now to philip will in a journalist in rome he's covering the story for us tonight philip it's good to see you does this mean that the end of the crisis is now near. it does seem that way. by. eighty eight days. moments of real drama and conflict between the two parties who won the election and the president. policy towards europe and. continued presence in the euro s