role is so the u.s. told the associated press and the u.s. has said very clearly publicly that they're working closely with the u.a.e. in south yemen in counterterror operations but again the question mark is ok well how does that translate to what they knew about the if that was happening against a team needs and what role if any they had and and i think the only way we get those answers is again through impartial investigations which is why i do sort of salute the efforts in the house to push this forward and i hope the senate is as courageous to push this forward but i very much worry that unless congress steps up the executive given the fact that they've basically been silent on this for around a year won't so it really is up to congress to push these kinds of transparency questions and conversations or and maybe a hurry as christine says says they i mean they have in various investigations into these alleged abuses in these torture presence in yemen and yet we have seen no action taken on the international level anyway can maybe a serious

the u.s. oducing a list of that chinacluding reduce its trade surplus by 2020 and that it stop its support for industrial policy around automation, ai and product vehicles. -- robotic vehicles. the u.s. says china should refrain from tariffs of its own. that they stop this investigation into chinese investments around technology and that the u.s. lower the barriers around exports of tech to china. flying in the face of political views in washington is one issue that seems to unite democrats and republicans is taking a harder line on china. there is a long way to go to reconcile these views. yvonne: it seems like they are not willing to budge right now. where do they go from now? delayed theeast u.s. repositioning or imposing those tariffs. tom: that is the issue. the clock is ticking on these tariffs. made the 22nd is when the debate in the u.s. comes to an end when he can trigger the first $50 billion worth of tariffs. we heard over the weekend that he was going to determine to --ord the trade

so certainly the u.s. can penalize more of china's exports to the u.s. than china can penalize u.s. exports to china. so that's where he sees that. that brings up the big question, what do they want here? the case that ustr bob lig lighthiser brought goes into intellectual property. so that pretty much would hint that the u.s. wants a broad -- china to take a broad look at its own industrial policies. on the other hand, do they just want china to agree to buy more u.s. products? the u.s. maybe to buy a little less chinese products and balance that $375 billion trade deficit and call it a day. they're positioning themselves on either side. >> if you have questions about the trump administration's trade policy, now is a good time to ask william baldwin. mitchell in indiana, line for democrats. go ahead. >> caller: good morning. thank you so much for c-span. yeah, me and 1500 other people lost their jobs due to nafta in lawrence county. i am proud our president is putting these tariffs on things. and i was just curious, sir, is there a reason our government will not stop all this leavin

news agency they are reporting that the u.s. led coalition has bombed two syrian government positions in the eastern province or local journalist and press t.v. correspondent mohammed ali has more. syrian army sources issued a statement just about thirty minutes ago. and described it as going to question by the u.s. coalition attacking some syrian army positions between. and me me in what is important to know to according to the syrian army. is such an aggression as the syrian army describe it comes. there were. also known as isis terrorists gathering nearby definitely this is not the first time that the u.s. led coalition attack syrian army positions previously this happened here and also where u.s. troops are also have been good to us today now in september two thousand and sixteen and out at that time to the killing of thousands of syrian army soldiers and also led to the. control over of three strategic areas at that time. there was. a senior correspondent. joins us now for more information you have extensive experience in sy

still ahead on al jazeera amid charges that the u.s. troops tortured detainees in yemen about congress demands action. brazil's president calls in the military to move striking truck drivers paralyze the country . hello there we're seeing some cloud of rain working its way across japan at the moment here's the system response bowker actually working its way towards the east so that means by the time we get to sunday it should be an awful lot drier for many of us here however behind it there's another weather system that's gradually pushing its way eastwards and this one's also got some rather lively downpours with it as well particularly for the far east in parts of china and into the far eastern parts of russia there as we head through monday by choose day that system should have gone away but there's another one following behind this one's a developing feature as we head through monday and again it could give us for the role the heavy outbreaks of rain for the southeastern parts of china there's been a lot of wet weather here over the

the u.s. bassy in jerusalem. the white house is blaming hamas for intentionally provoking the israeli response. the dedication of the u.s. embassy went ahead despite protests. a ivanka trump and her husband jared kushner led the delegation. israel's prime minister called it a glorious day. also, a wave of deadly bombings leaves indonesia relaying as entire families including children carry out suicide attacks. the latest target, police headquarters. it comes a day after another family attacked churches there. i am brent goff. for some, it has been a day of joy. for others, a day of death. the u.s. officially opened its embassy in jerusalem, and move celebrated by israelis, condemned by palestinians. president donald trump's decision to recognize jerusalem as israel's capital broke with decades of u.s. policy and put the country at odds with most of the international committee. at the border with gaza, palestinian protests against the move turned deadly with at least 52 people killed by israeli

the u.s. requesting that lash its trade deficit. ours get to beijing and to china markets editor. they to have you here. we had breaking news. documents laying out the demands that the u.s. has. does that make it difficult. ? does that make the upcoming meetings uncomfortable? them meetings are coming to a close in beijing. the u.s. delegation due to fly out in a number of hours. it would seem to make it difficult to come to some consensus. we are seeing headlines crossing the terminal from the state news agency. they say china and the u.s. did reach some consensus on some issues, that there are still some major disagreements between the two parties. it did not say on what or give any details. we have to look at that as well and the view documents in that context. they previously asked for the trade surplus to be reduced by $100 billion. to $2 billion. china already rejected the initial demand. francine: if you look at the breaking news just now, this is a local chinese agency that the the u.s

the u.s. does not want to give them for security reasons. u.s. businesses do not want to sell that to them because they do not want the administration to strike a bilateral deal. they want the administration to go at the structural problems. if you go into china and europe to the chinese. if they make a deal on the trade deficit, it will not address that problem. delegation is the in washington negotiating, they are having hearings. is that just a show trial? is trade policy just coming out of the oval office? it doesn't matter what commerce is doing? michael: the hearing they are going to have is just part of the process. when the administration used the 301 sanctions on china, they have to publish a list, they have to go through public hearings on that list and allow people to comment. this is just part of that process. may 22 is when the 90 day deadline is up and they would publish theey would final list of what sanctions the president could impose. it is not what happens in that hearing as

what could be the reason behind the u.s. administration reviewing aid to the white helmets i mean are they failing to praise trump's efforts or i mean are they falling prey to trump's effort to cuts of funding to a number of u.s. aid programs around the world i mean what is at play here. the way the helmets have lost their luster they've been widely discredited in the eyes of the whole world as a frog as a propaganda arm of the western military intervention illegal military intervention in syria and it's the i have to give the credit to our t.v. and to independent journalist such as vanessa billie and eva bartlett who've been interviewed on r.t. for showing that the white house that's are. are a asset of al-qaeda in syria and that is to say on the syria so my guess is that the trump administration has estimated that the. return on the dollar and that's a lot of dollars thirty two million that they're spending on the white house is declining and so there and that is the reason for the review of the continuing funding. but why

the meeting goes ahead. this after pyongyang said u.s. mands for them to give up the nukes could end negotiations before they begin. >> with friends like that, who needs enemies? brent: the president of the e.u. council lashing out at donald trump as european leaders meet to discuss the iran nuclear deal and the threat of nuclear sanctions. are you up and the u.s. on a collision course -- europe and the u.s. on a collision course? ♪ brent: i'm brent goff. it is good to have you with us. after an about-face by north korea, plans for the historic summit with the u.s. are in doubt. donald trump acknowledging today it is unclear whether the anticipated meeting is still on. insisting pyongyang must abandon its nuclear arsenal. north korea says it will not take part in the talks if it is pressure to give up its nukes. reporter: history being written a few weeks ago at a summit of the north and south korean leaders. pyongyang said it was prepared to denuclearize. but now north korea has proliferated -- has put on the brakes. the north postponed a

the u.s. elections. who knows if the coalition government will even survive 12 months from now? not to overthink what is happening in italy. trade with china is important. tariff,re than just the and i would not call it a new cold war, but there are tensions that are beyond just individual tariffs. i think it is something we will be living with for some time. in the meantime, the economy is strong and the interest rate environment is what is truly the focus. caroline: the interest rate environment has been having ramifications toward the emerging markets as well. toward the fed hiking, we have had selloffs. worst week for emerging currencies since 2016. will that continue to play out, or will the shock tactics start to ease? jurrien: this is really interesting because the pressures in a.m. kind of remind me of early 2016, when obviously china was under pressure to devalue, that the dollar was very strong, financial conditions were tight, and the fed was guiding toward a hawkish backed down from

the u.s. markets closed. we saw the markets trying to ounce back from the lows of the session, digesting the fed statement, tech shares leading this rebound in the markets. the dow ending marginally higher. the s&p and nasdaq closing lower. keenane on the close, su is here and of course we've got the jobs report. what was interesting, we came 1% off the low and it looked like we were trying to rally to positive. we did see a gain in the dow. we do have a little bit of trade talks along with earnings. what does the fed meet with inflation creeping up? let's go into a snapshot at some of the losers. -- movers. tesla was a focus. overshadowede ceo other aspects of the conference call. our colleague was on the call. he called the question boneheaded. that got more focused than anything else. take a look at the other stories of the day. yum! brands has been struggling. came in with an upgrade. apron, the meal kit company that had been struggling. definitely managed to add customers. the wall street

it's a dangerous assumption yet to be tested the u.s. policy of maximum pressure on north korea trump believes that he can force the regime to change its ways for good what's a day the u.s. secretary of state announced what he calls a new plan on iran using the same old assumption and tonight the one assumption that has proven true tehran's rejection of the plan i'm broke off in berlin this is the day. brant will be forced to make a choice he replied to keep its economy off life support at home looking squandering precious wealth and fights abroad it will not have the resources to do both. at all you posit a good job. today major european union member countries. along with russia with china and all major countries of the world considered trumps decision to be against the lol. any agreement will make sure iran never acquires a nuclear weapon. we will not repeat the mistakes of gas emissions but that about all that is not foreign policy we have been successful against conspiracies law fight with team we're open to new steps with not only ou

the u.s. has officially opened its new embassy in jerusalem a move celebrated by israelis and condemned by palestinians protests on the gaza border have turned deadly with fifty two people killed by israeli troops there present decision last year to recognize the city as israel's capital broke with decades of u.s. neutrality on the issue and put it on would most of the international community. donald trump didn't come to the opening ceremony himself instead he sent his daughter ivanka and her husband jared kushner both advisors to the president who decided to move the embassy and recognize jerusalem as israel's capital. trump sent a video message to the gathering israel is a sovereign nation with the right like every other sovereign nation to determine its own capital prime minister binyamin netanyahu called this a historic day and said the move didn't stand in the way of peace talks with the palestinians made the opening of this in this spur of the true foreign war and me the truth advance a l

so if the u.s. port tariffs go ahead they cause great confusion to the global economy have a negative impact on multilateral trade under the w t o system that would be very regrettable. opinion remains divided about whether import tariffs would actually benefit the u.s. car industry some experts say the move is unlikely to create new jobs. you know joins us now from the association of german chambers of commerce and industry and you're good to see you i've been talking to lots of analysts about this for weeks now and they a saying a word saying that this would be the big one the metals tariffs both china and you the u.s. were just testing the waters but when it would if it came to cut tariffs is going to really start a trade war well it's a very difficult situation at the moment and even the the reasoning for the new attempt to impose tariffs is a little bit constructed so we're heading into a very difficult situation on world trade and especially because one of the major german branches with a car s

the decision and it was the u.s. to seize the eu. a u.s. e representative had this to say in response. to this report confirms once and for all that the eu had long and -- ignore wto rules and even worse, eu aircraft subsidies have cost american company's tens of billions of dollars in lost revenue. the eu says it will take swift action to ensure it is in line with wto rules, the pointed out the vast majority of u.s. claims were rejected. but the story doesn't end there. the eu has brought its own case against the united states, accusing it of illegally subsidizing boeing. the outcome of that case will not be known until later this year. the tit-for-tat battle to dominate the skies comes at a time of already soaring trade tensions between the u.s. and european union, most recently concerning the threat of u.s. tariffs on eu steel imports. the upcoming ruling on alleged u.s. subsidization of boeing is likely to lead to further turbulence. helena: in new york standing by for us is our financial correspondent jens korte. jens, we have another f

the u.s. president plays in the intense protests in gaza at least fifty protesters were killed by israeli. with more world news followed by the day i hope to see the. colorful. life of. the most traditional. check in with a special.

and north koreans have said they hope will happen how does the u.s. dministration go about reconciling these real differences coming from with then of their this is an important question i think the next move in terms of moving back towards dialogue would certainly be for secular state might pompei oh perhaps to make another visit to north korea there might need to be mediation from china as well china will be a key player in this and so the u.s. will need to find a way to present itself which which avoids losing political capital at home in other words sustains this idea of legitimacy of genuinely moving towards dialogue engaging in north korea but at the same time has to show some kind of reconciliation or some kind of move back towards the north koreans otherwise the north koreans will not be able to project this image of legitimacy to their own people and also be able to kind of move the relationship with china and the united states forward what we have actually heard from the chinese foreign ministry reaction to the cancellation of the summits let

turn the u.s. president wants to rescue the chinese tech giant that he set out to destroy republicans a baffled about the pledge investors hope this will ease trade tensions also coming up with the u.s. pulling out of the iran deal russia china and europe all want to feel the business forward but what cost. on the french rail such strike saga continues in just court worse all the french government buckle under the pressure of commuter chaos. this is your business update on how the home for. you could join me talk about eight earn around after banning american supplies from doing business with the chinese tech giant is a u.s. president donald trump now says he wants to save the company it relies heavily on tech made in the usa trump says he's instructed officials to come up with a rescue plan saying too many jobs are at risk with a pledge of a rescue plan has sparked consternation from lawmakers from both sides of the political spectrum first of all though it's raised the question why. just one month

but the u.s. greements, and he's essentially making any sort of, you know, continuity between administrations impossible. so it's -- it would be impossible in the future for countries to say, oh, well, trump entered into an agreement, what's the next president going to do? without that kind of continuity, it sort of makes the u.s. a less viable world player, i think. >> let's talk about those primaries last night and what they tell us about, you know, i would say the mainstream, traditional republicans and the trumpism that people were looking for signs of in west virginia. we saw blankenship didn't make it. patrick morrissey. 34% there. in indiana, mike braun coming in there with 41% of the vote. what does this tell you about where we are heading into the midterms? >> well, you know, kind of the thing with blankenship, he was -- he was the undisputed, you know, trump clone of the bunch. he -- he had this race-baiting campaign, he was a former businessman, he had an axe to grind. it was really trum

trump's dear kim letter today the u.s. president called off the planned summit with his north korean counterpart in on official white house stationery he slipped back into the language of my arsenal is bigger than yours and in typical trump style he extended a hand to kim at the same time implying his finger is back on the nuclear button i'm burnt off in berlin this is the day.

visits to the u.s. state department for the first time to swear in former cia director mike. as the country's new top diplomat. so they're trying to bamboozle the into our rule and i'm very glad the president's wrong because well enough of the israeli prime minister urges the u.s. to abandon the iran nuclear deal and accuses iran of lying about a secret weapons program plus. made a riots cause havoc in paris with activists smashing windows torching cars and clashing with police over the french president's labor reform. bill for the latest on these stories and go to our t. dot com stay with us now discussing the chances of a lasting peace between the two koreas. hello and welcome to crossfire where all things are considered. u.s. president donald trump says he wants american troops to leave syria the foreign policy blob surrounding him says differently so what exactly washington's goals in syria partition war for war sake or a means to sticking it to iran and russia. or poorly thought out. talking syria i'm joined by my guess and washington he's an independent investigative jo

is there a feeling that the u.s. to watch. >> something we have heard being touted why china can accord native fashion. really ostracizing itself here? been thed that has feeling for the past year. i have attended a number of these conferences and the general feeling is that the u.s. stands alone on this. and know steven mnuchin now whether they like him or not, they can get along and talk with him. he is not representing any kind of consensus and there is not a feeling of that as they go forward with local problems the u.s. is a trusted partner. when i mention global problems, i am talking about italy. it is the other issue here for finance ministers. they are perhaps going to want to come up with a coordinated plan to react should italy go south on the distractions we saw the markets this week getting worse. will the united states participate and to what extent can i count on them? those are questions these tariffs raise. >> swiss market reaction, now up 3% having given up some gains. and ouro michael mckee expert

this street signs for the new u.s. embassy have already gone this usually quiet residential neighborhood in south jerusalem has become the focus of attention. the building behind me which currently houses the consular services off the us will become the new american embassy moving the embassy from tel aviv to jerusalem it's highly controversial the international consensus remains that the status of the city should be agreed upon through negotiations for now only the us ambassador and a limited number of stuff offices will move to jerusalem from tel aviv the complete bilocation will take many years the majority of israelis supports the u.s. move like here in downtown west jerusalem journalism is after all the capital of israel i believe it and of course there will be i believe there should be some the palestinian state and if they want part of jerusalem someday the final agreement but i think it's ok the u.s. does move the embassy over here because this is after all capital in israel ask every kid what's their capital it

the u.s. negotiated the agreement with iran in twenty fifteen along with the united kingdom france germany china and russia to limit or raaz nuclear program in exchange for sanctions relief with the announcement the united states now bria poses tough economic sanctions on iran's oil and banking sectors that had been lifted arguing iran did not live up to its end of the agreement. we have definitive proof that this arabian promise was a lie even though u.s. intelligence the united nations and european allies maintain iran has been compliant under the agreement trump cited a recent israeli report that iran had not been truthful about its activities before entering into the deal trouble also argues the agreement should have dealt with iran's military pursuits in the region and its ballistic missile program. capitol hill the top senate democrat disagrees and to me the right thing to do would have been to try and come up with our ally with an agreement on those issues and let the nuclear part of thi

the presence of u.s. forces combined it with rok military provides a deterrent effect. we have to be prepared for potential miscalculation, until the confidence building measures for north korea's conventional forces are implemented, polling back from the dmz, artillery ranges, until those actions are taken, we have to continue to make sure our forces are ready and that we have the right forces in place to deter and defend. >> let me pull this point out more. it is the question of the north korean force structure more broadly, not just the nuclear side. david: we have to continually assess their capabilities and intentions, which of course, intentions are the hardest to assess. withnot willing to gamble u.s. interests on the peninsula or with the lives of 50 million koreans living in the south either. it is in our, interest to prevent a war on the korean peninsula. i think we should all agree we do not want war to happen. i happen to think the best way to deter war is a strong rok-u .s. combined military c

in an was of interview, french president emmanuel macron says the u.s. decision to pull out of the iran nuclear deal is a mistake. mr. macron: this is why we have affirmed that we will remain in the 2015 agreement that we assigned -- we signed. brent: iran's leaders are now questioning the nuclear deal's despite european assurances. plus, north korea releases three u.s. prisoners. washington has been pressing for their release as a show of goodwill ahead of the planned summit between the u.s. and north korean leaders. i'm brent goff, good have you with us. french president emmanuel macron decision to quit the iran nuclear deal is a mistake. macron made the comments while in germany to receive the prestigious charlemagne prize. they said down with the french dw news is long -- as well as the french broadcaster for next was of interview. karon: you try to save the iranian nuclear deal when you were in washington. why did you fail you ac? >> the important thing is to maintain stability and peace in the middle east. by the way, i had understood that president

also coming up tonight europe's view of the u.s. and the iran nuclear agreement from a broken deal to broken trust. clearly it's not going to help transatlantic relations between europe and the united states we can't even predict about how much people are going to trust the united states what it's going to do to european and american cooperation other theaters so it's this hard to see any silver lining to this. oh we begin the day with the planning that is now underway for the nuclear deal that donald trump wants to sign on just two days ago the u.s. president drew anger and disappointment from around the world when he withdrew the u.s. from the iran nuclear deal a deal that he equated with insanity and one he says that he should have should have never been side we're now to the deal that trump wants to side but first has to negotiate an agreement designed to denuclearize north korea once and for all now earlier this morning the u.s. president announced the date and place for that summit trump tweeted that the highly anticipated meet

the u.s. military is ready for anything. a moresident used traditional form a message to convey his message, saying he still hopes to meet kim someday. betty: it is just after 7:00 p.m. in new york. gold stock has gained in a month and yen is rallying. as unlikely as it seems, amazon tries to explain how alexa reported a couples words and kept their conversation on. we wake up over there in asia with some new headlines coming out of north korea. but now instead of rattling the cages, it seems to be more muted. and saying they are willing now to talk with the united states, almost like it seems on their terms, saying the trump summit relationship is unexpected and they wished the trump model could resolve issues and that there is no change in north korea's attitudes toward peace. yvonne: there is concern if this would ignite pyongyang to do more missile testing after a six-month pause. it seems like they are taking cooler heads. they need to come back to the negotiating table but this is what we

china and the u.s. ve agreed to hold off on imposing new tariffs. the temporary deal ends months of tension for financial markets. vision of drink in a joint statement with washington to substantially reduce the trade deficit in china. the chinese did not commit to closing the get by in a specific it amount. of these, the two sides are talking. >> oranges from the u.s. consume asas a regular fixture in n chie supermarkets. the asian country has agreed to import markets that are made in the u.s.. for donald trump, it is a call for celebration. china has agreed to buy massive amounts of additional agricultural products. it will be one of the mets -- the sinks to happen to our farmers in many years. tariffs have come down for the first time in china. president trump has previously criticized china for exposing markets to the u.s. and china. the agreement could begin to reduce the trade deficit with the nation. concrete numumrs remain n uncler with only substantntial amounts they mentioned. >> there was a re

up next, the u.s. preme court striking down a federal law that prevents sports gambling, leaving it in the hands of the state. we will look at what it means for the industry just ahead. this is bloomberg. ♪ this is bloomberg. ♪ betty: i am betty luke. you are watching daybreak australia. the supreme court has allowed individual states to legalize sports betting. that decision expected to start a race to attract billions of dollars in wagers amid a new era for american sports. i want to bring in our los angeles bureau chief for more on this. who will be the big winners here? >> the first big winners will be the traditional casinos because almost every state that has passed this so far has given those land-based properties first dibs on what is going on. there will be opportunities for other folks to partner with them. there are a lot of companies that rally today that supply technology to the sports betting business. other people from outside the u.s., european companies in particular i'm a who have been

when the u.s. a number of emerging markets, which had told her abilities than, average -- haverabilities then, reduced them. some of the risk that banks used to take by borrowing in dollars-ish shifting to the -- dollars is shifting to the private sector. more countries have put on macro -- companies can borrow in foreign currency and borrowing directly from corporate bond markets. so you see a shift of risk away from banks to individual companies in the corporate bond market. the sector is now exposed to more dollar debt. as u.s. raises interest rates, i worry there will be some risks in these sectors that we don't have good data on, that we don't have good data on, that we don't regulate as good as banks. >> [indiscernible] when the bank goes out, you see where they are rocks are. [laughter] again, that was kristin forbes with kathleen hays. now a quick look at the business flash headlines. forecasting 1.6 u.s. dollars as mobile sales rise. fourth-quarter net income was $583 million u.s.d. says t

the u.s. onomy than forecast. 164,000. wage growth rose to 6.2%. employment specialists see a 3.9% level as a competitive job market. president trump's economic team was in beijing on thursday and friday. trade talks are intense. the u.s. and china are so far apart on big issues, the u.s. wants to reduce its trade deficit with china by $200 billion by 2020. china wants the u.s. to back off on threatening tariffs on chinese goods of up to $150 billion and accusations of intel leg chuintellectual propen rife. as they continue negotiating, the meetings, a win. the u.s. delayed trade tariffs against canada, mexico and the eu for one more month in regards to steel and asylum. slum. aluminum. apple reporting 273 per share in earnings on revenue of $61.1 billion. iphone sells for slower than in the past. but the tech giant made up in its services and wearable businesses. apple announced it's planning a 100 billion-dollar share bayback program, the largest on record. some cite the tax reform bill as pa

the program. are focused on u.s. uities because we have seen some key technicals when it comes to the s&p 500 and the dow jones. the s&p 500 has dropped below the 200 moving day average. and the dow jones has stayed the same. have hadsked that we such a bumper season in the u.s. had such a bumper season in the u.s. 500 did recoup. we are not getting a lot of direction. we wonder if the jobs report will give the equity market some direction. i have asked a lot of people by the equity reaction has been lackluster. some point to a late cycle. some point to the earnings. taken aboutit has two hundred days on average for the s&p 500 to recoup its losses after a loss. if we follow that template, the 20 12 correction come in the shortest one, the s&p 500 will not set new highs until early july. for now, let us get the bloomberg first word news. here is haidi lun. u.s. treasury secretary steven mnuchin has sent the delegate -- has said the delegation has had a good amortization with their chinese counterparts. for is the seco

the u.s. negotiated the agreement with iran in twenty fifteen along with the united kingdom france germany china and russia to limit iran's nuclear program in exchange for sanctions relief with the announcement the united states now bria poses tough economic sanctions on iran's oil and banking sectors that had been lifted arguing iran did not live up to its end of the agreement. we have definitive proof that this arabian promise was a lie even though u.s. intelligence the united nations and european allies maintain iran has been compliant under the agreement trump cited a recent israeli report that iran had not been truthful about its activities before entering into the deal trouble also argues the agreement should have dealt with iran's military pursuits in the region and its ballistic missile program. capitol hill the top senate democrat disagrees and to me the right thing to do would have been to try and come up with our allies with an agreement on those issues and let the nuclear part of th

betty: on the u.s.na trade front, i'm sure you with all of us are watching the tit-for-tatth, the you are seeing between the u.s. and china. do you think this is a new paradigm, and new normal perhaps , that we would just have to be at peace with, which is we will be in it for the long haul with continued dialogue on u.s.-china trade, which escalates on some days and the escalates on other days? -- de-escalates on other days? >> the world is not static. the world is very dynamic, with changes of leadership, different features, economic changes. there is a state of flux at what is happening at any point in time, but i do firmly believe that the best way every can turn country can make a contribution to peace, stability, and prosperity come is to ensure we maintain open lines of dialogue. that is what australia does, engage through a multitude of international forms, g20, apec, and others. if that means there is a list till the come to factor that in. that is not new. that has always been the case. you ju

you know yes i'm not saying that i'm not saying the u.s. or that you're right no no i'm just going back to we talked before and also you know your question was never answer about what iran might do the head of the answer to this nuclear program still a said that today i'm sorry on tuesday he said that they would start to route to enrich again stronger than before was the words he used now as far as whether the iranians i think johnson has a point there because it's not just doing the americans a favor they don't want. to have power in iran and iraq either because that would. possibly diminish iran's influence in iraq so they do they would have a common ground to work and to forget even but after the ninety seven revolution in iran ronald reagan worked with iran in the iran contra scandal so there's nothing just precluded in real politic though we have john bolton who's an idealogue of course and you know con so that may or may not happen but it's something to consider that iraq would be a problem for both countries but that would not stop. t

the u.s. year yield getting close to 3%. the pain trade carrying over to em's. the singapore, taiwan, malaysia, closed for election day. we are starting to see more upside coming through with some of these markets moving to the higher side. singapore's market with a gain of about 0.5%. most analysts we have spoken to saying it should be positive for equities, particularly in the consumer, tourism and energy space. energy stocks doing well with the rebound in crude. south korea to the downside, off by 0.2%, along with the nikkei, but not looking as bad as it did on the open. the yen moving lower today. the dollar higher for a third session. the malaysian ringgit has been in focus ahead of that election, and holding at that for month low against the dollar. let's have a quick look at what wti crude is doing. we should see a volatile session in the u.s., at one time down by more than 4%. holding on to that $70 a barrel level. we are seeing bonds in the asian region sold off today. we will be watc

the china u.s. dispute germany has profited from it china's lower tariffs across the board of car to car imports from twenty five to. fifteen percent who profits german coffee makers their shares yesterday went up one point five and two point zero point five percent. b.m.w. and mercedes and on the other hand also china shows how malta the lateral is ms down. of course this is a time of tariffs of course many people are reeling right now in the business community about the u.s. possibly levying twenty five percent tariffs on car imports now because they consider it a strategic sector but. of course chancellor merkel has a business delegation with her on this trip as she has on her previous visits and this is about she's been there about a dozen times as chancellor this is their first visit now and are in this new legislative period what do german companies who are with my call sitting on that plane and talking to their counterparts in china what do german companies want in china and from china is very

and the u.s. . our correspondent daniel he is at that summit in sofia for us banned in the last few minutes the german chancellor has been speaking about europe's position on the iran nuclear deal for starters let's take a listen to that. naturally we also discussed the topic of iran and the iran nuclear deal everyone in the european union shares the opinion that the deal is not perfect but that we should remain in it and based on that we should conduct further negotiations with iran on other subjects such as that ballistic missile program. but on the back of their repeating the used position that it will continue on ring the deal with iran is europe steering towards a showdown over this what the u.s. . well europe is also offering the u.s. to sit down and talk to talk about the issues donald trump mentioned when the get out of his of this dia and the e.u. three this is also the prime minister of britain there is a may and the president of friends in manama call came together here walking from a near

the u.s. pulls out of the iran nuclear deal europe and others stay and say it isn't working so what will be the impact of donald trump's decision will it as feared stoke more middle east conflict this is inside story. hello and welcome to the program i'm a mage enjoy him a horrible one sided deal that should have never ever been made that's what president donald trump said when he announced he was pulling the us out of the international nuclear pact with iran and he's re imposing sanctions on tehran trump has the backing of saudi arabia the united arab emirates and israel but not china russia the u.k. france or germany who all signed the deal and wanted to survive this is how iran supreme leader reacted to trump's decision to go how to present have police chief the u.s. president made worthless amine remarks there are probably ten lies amongst his comments he announced washington's betrayal from the nuclear deal and threatened iran and its ruling system and said they would do this and that on b

the u.s. impose a sanctions on iran. the new trump trade. deutsche's downsizing the bank. cutting as much as 27% of its stock as a sweeping overhaul plan. the company denies the report. ♪ francine: "bloomberg surveillance good morning. welcome to "bloomberg i am francine lacqua here in london. i am looking at a lot of earnings. some of the telecom stocks, liberty global being bought by vodafone. left, right, and center because of the iranian deal, and sanctions were imposed quickly, and that should boost the price of oil. it should be higher. let me bring vodafone up for you. the share price, you can see it , the company will buy that european unit for $22 billion to be at it is down 10% this year. the read across, this asset grabbing by vodafone, they will challenge deutsche, in their home market. matt miller brings us that exclusive story later on. coming up on "bloomberg surveillance," we will hear from the biggest long-haul carrier from the europe -- arab emirates. frome next hour, we hear

trump accusing the u.s. leader of not being much of a friend for pulling out of the brand new plea deal but. israel is an occupier and it keeps terrorizing turkish president announces the israeli military's deadly response to the palestinian protesters deep anger at israel in the united states in mass protests across the arab world and r.t. hears from doctors in gaza too who say wards there are overflowing right now and medical supplies are running out. plus this high level condemnation tonight against ukraine over a crackdown on russian journalists after a bureau was raided think you have.

here's a weird question in the past the u.s. has kind of forecast their intentions there's been some saber rattling ahead of events like this and definitely some acknowledgement to two russians so that there isn't this. the start of world war three if you will why was there no announcement this time from the u.s. led coalition i couldn't say why there wasn't and will see if there's an after the fact the description of what they say happened and again as we know with this war there's been so many claims that are so contradictory from the different sides as to what happened it's anybody's guess where the truth is i'm sure a lot of americans would like to say well if our guys say it it must be true i think experience from the past leads us to take that with a grain of salt so we'll see i don't i wouldn't put too much stock in the the question of whether or not it was announced. so if you can help i mean. and i know i'm going to ask you to kind of. open pandora's box if you will or try and explain the unexplainable but many people do

the u.s. will slap sanctions on european companies doing business in iran. those markets all lower. trying to stocks in china rose on easing trade sanctions at the u.s. in the hong kong hang seng up almost one and a quarter%. shanghai composite of more than a quarter%. gerri: adventures they bought poster in the u.s. and i bought a strain china appeared disney's superhero moving at the fifth biggest film ever. "fbn:am" starts right now. shrink to 50:00 a.m. in new york. monday, may 14th. i'm cheryl casone. cheryl casone. gerri: and gerri willis in for lauren simonetti. cheryl: now another film i can go see because it's going to be raining. gerri: raining every weekend this spring? cheryl: may be. a lot of breaking news. president trump throwing a lifeline to china's cte. president xi of china and their working together to give bte a way to get back into business fast. too many jobs in china lost. china has been instructed to get it done. after the jump administration then components to bte -- c