to a tweet, he spoke with justin trudeau about the state of nafta. mexico is hoping canada will join. what does canada need to agree to jamaica's happen? agreed to make this happen? needs to be that canada needs to remind everyone they are here. it cannot be nafta without all three countries. the big ones for candida are going to be the dispute panels. -- for canada are going to be the dispute panels. they are considered a dealbreaker. there has been little indication they will take any deal that includes killing those. gary is another big one. --dairy is another big one. what we are seeing is in the markets, reaction. it is a breakthrough but a lot of steps remain. there: michael mckee, were sticking points between the u.s. and mexico, not least cars. why wouldn't we be able to solve those problems with canada? >> they are not little problems. i suppose we could come up with a graphic saying the devil is in the details but that is the case. there is a lot that has to be done. know that the u.s. and mexico have reached agreement on autps and that isa

he didn't call trudeau. now all out there.ians, whatever they do is going to be looked under did you cave or did you get what you want. they can't win. >> the leak isn't much of a leak because we always knew the president would not be compromising. more about the political stance of the canadians here, whether or not they will be seen as weak or strong. here is the out for them. this is good deal for canadian blue-collar workers. chrystia free land believes that. prime minister believes that way. blue-collar manufacturing jobs, the pay would go up, there would be more because of the way deal was structured. meaning cars and components have to be made here. good for mexico, good for u.s. workers, good for canadian workers. it would hit china. china would have to step up fast, neil. why? because china's auto sector says look at this deal. more components made in north america. not here, that will hit us hard. by the way, more car parts are tech. it helps our silicon valley as well. not the old cassette recorders where you listen

and mexico prime minister justin trudeau says progress is being made on monday u.s. president donald trump announced a new deal with mexico that could replace nafta he says it will go ahead with or without canada and he warns that canada will face tariffs if it doesn't join the new product. we will as we have done this negotiation stand up for the canadian national interest and fortune in value while the team for here he is clear we can find it on for everyone to listen. has more now from toronto. several very tricky days lie ahead for the canadian trade negotiators in washington d.c. the foreign minister chrystia freeland has gone there to lead the team and the people that have been working with her on this file throughout her also there and they'll be scheduling sessions with the u.s. and mexico in the coming days and friday's the deadline let's not forget there's a fairly tight deadline here assuming the canadians stick to and the prime minister justin trudeau has been speaking about this and he said that their eyes are on the prize of a new deal we will engage in

because actually the relationship betweenjustin trudeau and trump has not been that great, howzat?eau has been very outspoken in criticising mr trump. —— no. has been very outspoken in criticising mr trump. -- no. so has mrtrump. criticising mr trump. -- no. so has mr trump. no, of course, from the canadian perspective, as a nafta partner, it is important to be able to speak out against future towers that the us administration is imposing. that is one of the key reasons why of canada has not really signed up to the seat. —— tariffs. will watch this space for me get the detail on it, so really interesting to get your take on this. you are from germany and this is the local newspaper in chemnitz looking at the difficulties there. talk us through, from your perspective, what is happening placemat, howard being handled, there are so many different opinions on how it is all being handled. this particular article talks about the police being overwhelmed. yeah, ithink talks about the police being overwhelmed. yeah, i think that is one of the things that i find most striking. —— how it is

let's take a look at these live pictures that are coming from canada justin trudeau there as we know we've got that right with that simpering between saudi arabia and canada we wonder if he'll say anything let's have a listen then. minister definitely conscious joy on the id so did yeah me. zero good looking on t.v. composer prove it was all you can ever do is rule and partly. claremont. respited was the man. to be honest where listening obviously in french there to justin trudeau who knows what he might say on the matter of a saudi arabia's foreign minister says canada is to blame for this. but he did it was not there is no need for mediation of a kind of them made a big mistake and has to fix it canada fully understands what's required from its mediation is when there are two parties who have demands in this situation the mistake has been made by only one party. it was kind of. something that canadians expect it's something that i will always do. the. scope of government. did what you just did what. shows can as i don't continue to fight just follow one options one hundred on the t

trudeau. >> market seems to be shrugging it off either way. perhaps the hard ball appears to be a game trump is playing by himself, mexico says no bilateral? >> the market is telling you now it believes the course of the negotiations will end with a positive outcome that's what it is telling you now. that this here is a negotiating ta tactic. >>> this is the additional wrinkle, probably long term the more important wrinkle that we'll work out a deal with china. to what degree at the early stage is today's move a proxy or example of how things might work out with china >> eventually it could be a long time we have to wait and see where that goes, but one of the things i want to point out in terms of stage craft of the state craft we are watching, i flag the possibility the president may get on the phone with the president of mexico. appears according to jeff mason that tweeted a picture of the president dialing the phone he has done that, he dialed the president of mexico to congratulate him on the deal giving all appearances that this is a fin

prime minister trudeau has said this is a redline. to give you some historical awayective, canada walked 30 years ago from a free-trade agreement with the united states about these very same panel. the u.s. ended up conceding, so you can certainly expect this to canada will dig its heels into. anna: thank you for that. to balance out with what you just told us, what is at stake in terms of the talks in it they don't go well? we've heard some industry groups calling for the need to maintain a multilateral trade deal rather than just having bilateral between the united states and mexico. >> that's right. doneey do not get a deal by friday, president trump is that he will go to congress and say the deal with mexico will replace nafta. that may just be a negotiating tactic because the two countries do about $525 billion worth of trade annually. of the important points to bear in mind is that the supply chains of both countries are very tightly interlinked. to give you one example, companies in detroit and windsor, ontario, are completely

canadian prime minister justin trudeau says he'll keep pressing saudi arabia on a human rights record as a diplomatic route between the two countries gathered steam saudi arabia has frozen ties and man new trade deals with canada after it urged the release of jailed civil rights activists. in the democratic republic of congo the government has announced president joseph could be a will be standing in december selection could be it was due to step down from his position and twenty sixteen at the election to replace him has been repeatedly delayed triggering. violent protests in which dozens were killed there was widespread speculation that he would try to seek a third term instead he's backing his former interior minister and manuel ram sonic should dari who is on the european union sanctions for allegedly human rights abuses were captured so he has more from the electoral commission in kinshasa. ramazani should diary e's the secretary of the ruling p.p.r. the proxy which is the president's party within the ruling coalition is up for my interior minister he is the former governor of mi

romaine: bloomberg had out a report that about how justin trudeau is starting to see some pressure by his party. what is the potential political fallout in canada if a deal is not agreed to soon? >> the u.s.-canada trading relationship is huge. there is an election coming up in canada next year. let's say the nafta deal fails and if the economy is looking weaker, that could put pressure on justin trudeau politically -- questions about why nafta, he was not able to save it and if it is impacting the economy. i think justin trudeau has to be seen standing up to donald trump and not caving in to pressure from him. there is strong sentiment in canada that we need to differentiate ourselves from america and showed we can stand up to them. he will need to walk that fine line. romaine: thank you, sarah, joining us from washington. taylor: let's get the first word news with courtney donohoe. >> white house counsel don mccann is stepping down, president trump says he will leave in the fall after senate confirmation vote on supreme court nominee brett kavanaugh. reportedlyas cooperated with rob

and mexico prime minister justin trudeau says progress is being made on monday u.s. president donald trump announced a new deal with mexico that could replace nafta he says it will go ahead with or without canada and he warns that canada will face tariffs of a doesn't join the new pact. we will as we have done this negotiation stand up for the canadian national interest unfortunately values while the team for areas where we can find it not everyone to listen daniel like has more now from toronto. several very tricky days lie ahead for the canadian trade negotiators in washington d.c. the foreign minister chrystia freeland has gone there to lead the team and the people that have been working with her on this file throughout her also there and they'll be shared tooling sessions with the u.s. and mexico in the coming days and fridays the deadline let's not forget there's a fairly tight deadline here assuming the canadians stick to it the prime minister justin trudeau has been speaking about this and he said that their eyes are on the prize of a new deal we will engage i

it can mean a lot for trudeau if he looks bad.coming up from the president sends a staunch warning to google and other tech giants. stop discriminating or he will stop them. up next. >> i think google has really taken it and edge of a lot of people. google and twitter and facebook is really treading on very troubled territory. charles: president trump slamming google and other tech giants for potentially political bias within their search engines. you could discuss the weekly standard, deputy managing editor, kelly jane torrance and attorney guild charter. now a leading to taking some action and many people wonder what they can do against a private company and they run their business any time they want. and evidence they're discriminating against conservatives. >> social media and online media platforms shouldn't discriminate against conservatives. and they are discriminating against conservatives. they are getting pushback from president trump and her administration. larry kudlow asked what can be done about this and they said th

between the three nations totals more than a trillion dollars annually canadian prime minister justin trudeau said he would only sign a revamped north american free trade agreement that is good for his country. he

justin trudeau, the prime minister of canada, says it has not changed.said justin trudeaud, and donald trump, said they agreed to continue productive trade talks. the canadian loonie has been continuing to strengthen against the dollar again. we are not seeing much reaction though right now on the heels of these headlines. caroline: we will keep eyes on trade. we spoke to commerce secretary wilbur ross earlier today about the nafta negotiation. the system in canada has been very, very controversial with the president in with u.s. economists in general. in addition, canada has not been particularly good on intellectual property rights on forwarding the trend of counterfeit goods through canada to the u.s. a number of divisions of that sort. they are things we need from them. understand, in the agreement with mexico, there are intellectual property raise it -- revisions. with those two sufficient to take care of the problem with canada if canada were to agree with those? has made a lotda of trouble, particularly in the biologics for u.s. companies. and in

justin trudeau has been clear on nafta red lines.ter speaking to reporters saying that robert lighthizer and herself understand and know the position of the other very well and we will see if they can come to an agreement on any deal. time for the bloomberg business flash. coca-cola expanding into hot drinks by buying a global brand, the british changed -- a british chain. both coke and pepsico have been seeking alternatives on the market in sugar drinks declines. the founder of pop and john suing bp to change ceo and board saying he wants to stop the harm they are causing the company. he's that down as chairman last month after heard on a call using a racial slur. that is latest bloomberg's notes/-- bloomberg business flash. looking at european markets with four minutes left in trading. 100 down1% and ftse 1.1%. we will bring you stories from the european close next. this is bloomberg. ♪ this is the european close on bloomberg markets. i am vonnie quinn. stocks finishing in european trading and we had a down day or cac andors with d

forjustin trudeau this will affect votes in the next election so he must be careful.could be severe. looking at the market. argentina's economy is in trouble, isn't it? last year they seemed to be going well and everybody thought the peso was overvalued but this is plummeting. they are struggling because of drought so in terms of commodity trading they have suffered. they have a huge and potential loan from the imf which argentina is not a fan of solid is about mass recovery. they were doing well and then they were plunged into high inflation rates and the cost of goodsin high inflation rates and the cost of goods in argentina for their citizens are the same. the cost of living as high as is inflation. it affects the people and they will need to find a way to get through this. 16 years ago they were shut out of the international market because everything collapsed. there will come a time when the political consequences here will lead to him going. absolutely. that is one to watch in terms of how the international community response to this crisis. is $50 billion are n

trudeau has an election next year. so yes, this needs to be something you can sell to the public, but i think the canadians also should realize that a lot has been done already in this treaty that they wanted. some of it, i wouldn't want, you might not want, but it's not like canada got nothing in this deal. they backed a lot of the changes that are now part of it on the auto side. ashley: they should come to the table and sign off. heather, you make a point, 70% of canadian exports go to the u.s. only 18% of u.s. exports go to canada. in other words, they need this a lot more than we do. that should give us a pretty strong position. >> it sure does, but at the end of the day, we both need each other. i think it's important congress wants a trilateral deal between u.s., mexico and canada, and they in the end ultimately have congressional authority, not just the president, and you're right, canada has just as much or more to lose than we do in this deal. if the point of contention is over having a quick arbitration proc

a new free trade deal for north america is one step nearer us canadian prime minister trudeau says he's eager to sign a deal if it benefits his country also coming up or what they want to be beautiful in popular immigrations if you want to block make residents are. warning that tourism can be too much of a good thing. hello and welcome to your business the united states hopes to find common ground on trade with canada after reaching a preliminary agreement with mexico u.s. treasury secretary steven the noachian is confident the two countries can strike a deal by the end of this week but there are pitfalls canada's prime minister so far insists on keeping tariffs that are meant to protect the country's dairy farmers u.s. president says these tariffs must go and there is a lot at stake mutual trade between the u.s. canada and mexico totals more than a trillion dollars after the u.s. and mexico reached a preliminary agreement signed kind of the two but soon be on board. what's have really leaves the way the what canada believes if you could leave here. in that state next to me in significa

states is also along with canada, hencejustin trudeau seemed cautiously optimistic that an agreementached. we recognise that there is a possibility of getting there by friday but it is only a possibility because it will hinge on whether or not there is ultimately a good deal for canada, a good dealfor canadian. i have said from the very beginning, no nafta deal is better than a bad nafta deal. president trump famously branded nafta a terrible deal, one that was driving north of american jobs overseas and he has warned that if talks with canada don't go anywhere that the united states willjust sign off on its own nafta 2.0 bilateral trading agreement with mexico, but mexico wa nts agreement with mexico, but mexico wants canada on board, there is still a lot of talking to do, though, and this could go all the way down to the wire. iam sure i am sure it will. that is david willis in washington, so, will negotiators cry over spilt milk, we will have more analysis injust negotiators cry over spilt milk, we will have more analysis in just a moment. now, let's look at argentina's troubles.

i knew trudeau's son -- i knew justin and he and i were good friends.ationship between all of the people of canada and the united states will continue on. we've never had a better friend supporting our awfully changing policies more avidly than canada has. we need the same thing in the future. >> you mentioned the relationship you had with p are trudeau and you lead the delegation at his girl -- pier trudeau and you let the delegation at his funeral. >> my high school teacher used to tell me we must accommodate changing times but take the principles that never change. that is one of the things that has to be done both in politics and trade relationships. we have to accommodate the other allowances or sometimes yield on a particular point. fairness and equality, those principles, never change. >> at the end of the day, how do you think the trading relationship, the friendship in canada and the u.s. will play out in years ahead depending on what happens with something like nafta? , thethink, overwhelmingly people of the united states and canada have an in

trudeau has been pretty tough to take apart.nd especially with chrystia freeland as the foreign minister, she is hail and canada as a rock star. it makes it tough to go out as well. but with things starting to crumble and the tweets from the president, i think the conservatives are going to take full advantage of that. want to back up and reiterate the headline that talks will resume next week. mike mckee, when you see that we won't have a deal but they have agreed to talk next week, this is different than sometimes you get the talks full apart and nobody is talking. michael: we had reactions in the equity market, now it is reversible to basically what they are saying is they will take a break rather than cancel the talks. it is not over yet. these kinds of things are difficult to negotiate. they have been talking for just about a year now here. one can understand why it is difficult to put an artificial deadline, as the administration did, even as we were just saying there were making a lot of progress last week. it is impossib

give us a sense of what this means for trudeau's standing at home. getting a bump in the polls. was the reception toward him sinking or was the popularity waning and providing a much --ding -- much meeting left and this providing a much-needed lift? david: he is taking heat from politicians saying this is a naive trudeau going around the world where change is pretty optimal. rights is safe's ground for him in canada. he has been a champion for women's rights since he was elected. he is a gender bound cabinets already. he has been pushing for these already. it makes sense. he has been trailing a little bit in the polls and elections are about the euro way. this may help them a little, yes -- about a year away. this may help them, yes. romaine: this seems to be like more than what is going on with the activists. david: i think this is more about saudi arabia than it is about canada. canada is not the first country to question their human rights record. it just so happened did it in a public way and it was strong language. the saudis stood up and clearl

stuart: this just in from prime minister trudeau of canada.deal. maybe that is why the dow just dropped a little bit more. >>> now we got news on ford. they're not going to import subcompact cars, the focus model, from china because they will pay tariffs on it. ashley: they will post tariffs on it. this is crossover vehicle made in china, as you said, stu. the company said it will not cost any jobs in the united states or not have significant impact from u.s. sales numbers for ford. they said it boils down to resources. why put resources into something that could be heavily tariffed. one, they're trying to save money on something they could lose money on. two, tells me they're not optimistic a deal will not get done with china. stuart: that is the point, isn't it. they would not do this if they thought they would get a deal with china. ashley: correct. stuart: they are doing it because they don't think they will get a deal. the stock was down moments ago. >>> later today the president trump heads to sar lot, north carolina. he will sign an exe

justin trudeau insists canada will always speak strongly in favor of human rights the prime minister was responding to a growing diplomatic route with saudi arabia riyadh has cut new trade investment and educational agreements after canada called for the release of jailed political activists christian salumi reports from toronto. canadian prime minister justin trudeau had no apology for his government's call to release two human rights activists being detained in saudi arabia canadians i have always expected our government to speak strongly firmly clearly and politely about the need to respect human rights at home and around the world we will continue to do the trick doe promise to continue to engage with the saudis and their allies with the saudi foreign minister wasn't having any of it he accused canada of intervening in what he described as a national security issue claiming that the activists had attempted to get sensitive government information. to do something is no need for mediation kind of them either a big mistake and has to fix it fully understands what's required from it

saying not there yet, echoing what trudeau said earlier in the week, which was no nafta deal is betternafta deal. >> she said traditionally canada is a good compromiser, but we're only doing something best in our national interest. we're not there yet. the update, sounding less optimistic since we're getting them every few hours of a deal. the day is not over yet. i guess there's still hope >> reflecting also for the canadian leadership, there's no domestic political time line that dictates they do something now. it is about mexico and the u.s i think the polls in canada show if there's no deal, the u.s. would get blamed as opposed to the prime minister. >> they back trudeau's tougher stance never mind it is in french. we'll monitor it keep you posted when she starts speaking english. >> toronto star, who knows if this means anything at all, toronto star has a piece up saying talks were up ended by some comments about canada that the president made off the record yesterday not much more than that. clearly something happened in the last 18 hours that caused talks to sour somewhat let's

and mexico prime minister justin trudeau says progress is being made on monday u.s. president donald trump announced a new deal with mexico that would replace nafta he says it will go ahead with or without canada and he warns that canada will face tariffs if it doesn't join the new pact we will as we have done. stand up for the canadian system. while looking for areas where we can find everyone to. daniel and it comes more from the canadian city of toronto. several very tricky days lie ahead for the canadian trade negotiators in washington d.c. the foreign minister chrystia freeland has gone there to lead the team and the people that have been working with her on this file throughout her also there and they'll be shared drooling sessions with the u.s. and mexico in the coming days and friday's the deadline let's not forget there's a fairly tight deadline here assuming the canadians stick to and the prime minister justin trudeau has been speaking about this and he said that their eyes are on the prize of a new deal we will engage in a positive constructive way as we a

struggled to rally around their canadian ally and also of course their liberal canadian ally justin trudeau in a way that you might have otherwise expected i think also this partly reflects the way in which saudi arabia has become more aggressive in its foreign policy stance it's become more assertive and willing to push back against. other nations in the west and of course that in a way speaks to the weakness of the european union on the international stage it should be more unified it should be deliberate a coordinated response with canada and it just currently isn't there and i think there's a great deal of frustration certainly in london and also with brussels and paris and berlin at the just the slow pace at which the diplomatic community appears to be moving nato cannot as a member of knights how can it as a member of nafta at least lots of things i just wondering about such alliances and whether in this day and age in twenty itanium how much or how much notice we have to pace them because as you say donald trump and the united states for example a much heavier to align themselves wit

canadian prime minister justin trudeau says he'll keep pressing saudi arabia. on it on its human rights record as a diplomatic row between the two countries gathers steam saudi arabia has frozen ties and banned new trade deals with canada after an urge the release of jailed civil rights activists. more than one hundred fifty thousand people have been left homeless by the earthquake in indonesia an island of one book the red cross has described the magnitude seven quake as exceptionally destructive at least one hundred thirty one people have been killed and that number is expected to rise as rescuers struggle to reach all of those in need set bossa reports from the remote village back to layer in the west of longwall where many are still waiting for help to arrive. the road to the remote village of is impassable by car. hafiz has come down from the hills to look for help. he shows us destruction that government officials have yet to see. what i see now is that all the help is focused in the north of lombok but here in this remote area away from the main road we

and we're very glad. >> if trudeau says no, will you sign anyway?t is the case soon, mexico will make other decisions. >> what are the issues that canada has to agree to? >> well, basically -- well, canada has to analyze the landing zones that we would propose in some of the issues to that trilateral. they are supply management in dairy and poultry according to the latest proposal. areas like specifically troops do with -- has to be reviewed. and we have a proposal that we are looking at. so there are lot of things including chapter 19 that has been a very important -- >> yeah. >> since it is a contribution of canada. >> i want to ask you about chapter 19. what did you agree to on dispute resolution and what did you agree in terms of the government procurement provisions? >> well, let me tell you one thing, which is very important. canada is a part of disciplines and a part of what do you do when there is a dispute in terms of a protection against the safeguards. what we did is mexico clearly set up a position in terms of disciplines. that is extrem

earlier canadian prime ministers justin trudeau said he -- his government is trying to meet the same deadline. his foreign minister signaled the talks are progressing well. >> i feel that both parties are coming to this stage of the negotiation with a lot of goodwill. that is what canada is bringing to the table. we understand each other's conditions and what both sides need very well. donald trump has accused china of undermining u.s. efforts to pressure north korea into giving up it's a clear reference indicating a trade were a starting to exacerbate geopolitical tensions. the u.s. president called a trip off to north korea by secretary of state mike pompeo saying there has not been enough progress in talks aimed at denuclearizing the korean peninsula and he would return after u.s. traders -- trade disputes with china were resolved. [inaudible] rallied to its highest level for three weeks yesterday despite minimal evidence of any thaw in the frozen brexit negotiations. finance -- the finance minister of france said it could not -- britain could not have its cake and eight it as it

of course, trudeau's stonewalling. the strides made after a year of negotiations are really impressive. any objective observer, if there is any of those left, would admit that tonight. o by the way, this is going to set the benchmark for any future deals in this hemisphere.et now if the reaction to the stock market any indication, a surge in reaction to today's news congress should fast-track the u.s.-mexico trade agreement and keep the trump economy humming. and that is "the angle." joining us now the reaction is luis videgaray caso, secretary of foreign affairs for mexico. it is great to have you on! thank you so much for coming. [speaking spanish] let's talk about what happened today. how significant is this in the relationship between mexico and the united states? >> it's really significant. i think it's a breakthrough. it shows that two countries can actually get together and do a good deal. a good deal for both of them that is reciprocal, that is fair, and allows growth on both sides. it's good for mexico workers

i'm joumanna bercetche these are your headlines canada's prime minister, justin trudeau, says no nafta deal is better than a bad one. but president trump is confident a deal will be done by friday. >> i think canada very much wants to make the deal i think it will be good for canada if they do. i think it's probably not going to be good at all if they don't. >>> dominic raab warn there's may not be a brexit deal by october but sterling rallies after michel barnier offers an olive branch. >> translator: we are prepared to offer britain a partnership >>> shares in westfield sees d red. >> i don't know what to think about brexit it's too bad for both sides. shooting yourself in the foot is the perspective i have. >>> striking the right tone. bouygues shares are at the stop of the stoxx 600 after citing strength in its telecoms unit. >>> good morning the mood in asia wasn't pretty most chinese equities traded south as asia continues to focus on the worsening rhetoric between the u.s. and china when it comes to trade. not so much for north america. this negativity has spread into the stoxx

we are here with a man who's become a friend of my prime minister justin trudeau there is no relationship quite like the friendship between kennedy and i did states the deep ties. for the hour up to the last week when kind of a condemned the arrest of two human rights activists in saudi arabia riyadh responded by expelling the canadian ambassador and freezing what out or trade the u.s. has so far remain neutral the state department to merely urge both sides to use diplomacy through this period of a saudi arabia is showing no sign of backing down is threatening to take additional measures against kind of the foreign affairs correspondent atika margolis believes washington's were locked in the support kind of the it's partly down to trump's dislike of prime minister justin trudeau. well u.s. citizen has no interest or seasonal interest in getting involved in this spiel and you know it's very there's very little sympathy for canada in washington. antipathy dislike to him is trying to know you can. regarded as a man the american leftists like his father was so it's there is no american suppor

. >>> trump and trudeau expressing optimism saying a u.s./canada trade deal is possible. >>> the president calling out google for bias. google taking a shot of its own back we'll show you what it did >>> another ipo on-deck, but can online surveys make you money? >>> and venezuela's last great asset may soon be taken over by a hedge fund, and with it the fate of the entire venezuelan economy. it's august 30th, and "worldwide exchange" begins right now ♪ >>> welcome from wherever in the world you may be watching. i'm brian sullivan that sitco story is one you have to hear to believe right now to the markets and your money maybe today will be the day the music died, so to speak. futures are lower. we're down about 75 on the dow nearly every day the last few weeks we were making a new high. right now the markets are down but again, it's early. futures could turn around as well all three major indexes are as low as we've seen in a couple days or weeks. ten-year bond yield is ticking higher to 3.87%. oil is one of the few things that is gaining t

you thank you thank you we are here with a man who has become a friend of my prime minister justin trudeau there is no relationship quite like the friendship between kennedy and i did state the deep ties. or despite close ties between canada and the us relations between the leaders of the two countries could hardly be called friendly and his tweet from called trudeau meek and mild after canadian leader criticised america's tariff policy. we spoke to eric margolis foreign affairs expert he believes washington's reluctance to support canada is partly down to trump's dislike of prime minister just include a. new u.s. is his no interests were seasonal interest in getting involved in this. very there's very little sympathy for canada why should. the dislike. try to go. to the american left as well other ones so. there is no americans who are still unfortunate because the two countries are. neighbors in. the us. facebook could have closer ties to washington than previously thought because it's now emerged that the platform is relying on experts funded by branches of the u.s. government and also

justin trudeau said his government won't change its approach. beijing. chinese equities outperforming the session today despite the ips of that trade war. good morning, everybody. this is bloomberg day break. it is 6:00 in london. getting some breaking news. let's get to deutsche telekom. the telecom giant out of germany raising its guidance to 23.4 billion euros. that is a positive place to start the program, isn't it? u.s. profit growth is the reason behind that. that's why they are managing to do that. instead of looking at the second quarter numbers, this is the backward looking stuff. it is broadly in line with the estimates. 5.93 billion, a touch ahead of the estimates. it is really the strategy around this business that is of interest. eagerly awaiting the green light for its deal to merge its t mobile unit with sprint in the united states. they are waiting for the f.c.c. to take a bigger look at that one and waiting for approval in austria and the netherlands. a lot depong on. we start our program on a positive note. >> i have a reafter makings o

relationship withjustin trudeau.sed a tequila over it and now canada has until the end of today to try and join this agreement to. there is lots of negotiation going on about the chapter 19 dispute resolution in the old nafta and obviously canada is try to protect its dairy farmers because in nafta there is up to 300% of tariffs. said the us wants to reduce those. it is milk on the dairy products. unfiltered milk has been blocked in the past from the us going into canada. the us and canada are they try to protect their own farmers. this is donald trump's whole america first policy, but this is not the first agreement that he has threatened to pull out of. that seems to be a trend. i will pull out, sit at the table and re— negotiate. will come to the wto in a moment. in terms of nafta, he has one in terms of wages for car workers. $16 and hour is the minimum for a certain percentage. this benefits the us and canada in terms of raising those wages. is also about taking trade away from china and taking elements of car m

to the screws on canada for criticizing the recent arrest of women's rights for yet prime minister trudeauo speak at 2:30 p.m. can you on musk tweet that? opinions on how long the tesla his wanting to take tesla private. tariffs on $15 billion worth of goods later this month. let's get a star of a quick check on the major averages. a littleks retreating bit, the dow is down 2/10 of 1%. the s&p 500 is unchanged after gaining for the past or sessions. we do have some gains in americap. trade tensions are running high between china and the u.s. the 10-year yield is at 2.9 6%. it is losing a little bit of ground but we saw the largest auction of tenure treasuries we saw the largest auction of tenure treasuries ever. >> the u.s. and the mexico car deal and nafta, there may be a deal at the end of the week that will allow canada to rejoin talks as soon as next week. john barrett, thanks for being with us. i want to start with how meaningful you think this is. it has felt there was renewed attention and pressure -- is getting a car deal a big pivots moment? >> the challenges been united states pr

prime minister justin trudeau insists canada will always speak strongly in favor of human rights saudi arabia phrase ties in bad new trade deals after canada the release of jailed political activists the saudi foreign ministers his calendar is to blame for the dispute. because it could be is backing a close ally to succeed him as president of the democratic republic of congo his refusal to step down in twenty sixteen lead to violence in the government's announced he won't be sending in december's election. the former first lady of ivory cuz has been freed from jail after being granted amnesty for have a role in the civil war simone bad was her husband's law all refused to accept electoral defeat in twenty ten triggering a conflict that killed thirty three thousand people she was sentenced to twenty years in prison and twenty fifteen those are the headlines what is next as protests in nicaragua against the president continue and the number of those killed rises. someone says. to have to question reality that usually gets. sent here america's take is from a vice president al jazeera. whe

trudeau. how does it feel in canada?is left out in the cold, so i guess i feel right at home. this is a case of who you believe. people like the outgoing mexican president, people like orrin hatch, are using the phrase nafta and indicates that the u.s. was going to proceed on the path it has been on, which is known as tpa, meaning they will have to give 90 days notice and decide something. all of that you would conclude that maybe the trump declaration that this is that bilateral deal might be a bluff, or at least a pressure tactic for the canadians. if you wanted to put through bilateral deal, you would have to take a different path or go back to square one, or maybe two of a big fight with congress. so we are try to figure out where things stand. right now, the existing nafta is on the books. you need six months notice to quit it. it is unclear if the president has given formal notice to do that. if he does, it would stay intact for canada and mexico and i guess he which i to get a new deal through the door with mexico

dagen: justin trudeau says deal could be reached only if it is good for canada.d did i after day of new all-time highs on s&p 500 nays nasdaq and russell 2,000 this morning we have a picture that is lower to the downside dow futures off by 84 points at the moment. as i pointed out we had record highs yesterday for your broad market gauges. hitting their fourth consecutive record close. in europe take a look at england, frns and germany losses across the board to tell you about biggest loser is the dax in germany down about 1%. trade tensions between china and u.s. weighing on asian markets but hong kong shanghai and south korea lower on the day. new round of u.s. tariff on $200 billion worth of goods imported from china. set to hit later next month. trump versus google, the president of the united states criticizing the search giant for bias against conservative voices. wheal show you the evidence that trump posted to back it up and we do have google's response. sales selloff shares of sales sliding after the company earnings report we

he has been similarly frosty from time to time with the prime minister trudeau in canada what do you about the prospects of a deal there? >> i watch this closely, tyler, because i'm invested in both countries obviously. and if things started to go sideways for canada after the g 7. that was a bad meeting it's fair to say, this is personal observation, the replace between trudeau and trump is probably not constructive as a result of what occurred in those three days in quebec city. kudlow also slammed hard and after that the canadians were no longer invited to discussions around nafta and the mexico situation now canada is asked to take a deal particularly negotiated around automotive without them at the table it's essentially a discussion that goes like this, take it or leave it that's very difficult for trudeau because right now he is back in election mode. he has an election to deal with in 14 months he wants to look strong and trump specifically said today in his press release that was verbal with the mexican president that he wanted in $270 peppers dafrs removed off dave o dairy.

but we did not have a private meeting between president trump and the prime minister, justin trudeau.d have talked on the sidelines or behind the scenes but as far as we know, they did not sit down together for a one-on-one meeting. that should tell you a lot about the state of the relationship and while it's possible they could have talked privately on the phone since then, it is not something we have heard about from the white house as well.arthel: we do not know if in fact this personal relationship is in the way of perhaps, making progress there with canada. reporter: right. we do not know exactly what the status of that is. we do know that canada is trying to downplay president trump saying progress is coming along well the way that canada is characterizing it as that the mexico and united states are able to work out their differences on auto and other issues that the deal can move forward for they are characterizing this as a sign of progress. between the countries. arthel: a couple of more questions. first of all, does president trump have the full support of the republican par

there's a fairly tight deadline here assuming the canadians stick to it the prime minister justin trudeau has been speaking about this and he said that their eyes are on the prize of a new deal we gauge you know positive and constructive way as we always have been and look forward to ultimately selling a deal as long as it is good for canada and good for middle. but reaching that elusive agreement that suits all parties isn't going to be easy for the negotiators there are a number of sticking points that the canadians have mostly with the u.s. that weren't addressed by the u.s. and mexican arrangements announced on monday one of them is dispute resolution canada one independent trade arbiters and the americans are saying no we can't have that another one is the dairy eggs and poultry industry in canada which is heavily regulated which you know does not allow imports of many of those goods in the united states wants that for its farmers canada saying no in fact the prime minister saying as recently as tuesday that that wasn't going to happen it's a week of negotiations compromise may be on

we're here with a man who's become a friend of my prime minister justin trudeau and there is no relationship quite like the friendship between kennedy and i did states the deep ties. of the row erupted last week when a creditor condemned the arrest of two human rights activists in saudi arabia riyadh responded by expelling the canadian ambassador and also freezing but actual ties the u.s. has so far remain neutral the state department both sides to use the see through dispute. saudi arabia those showing no sign of backing down it's threatening to take additional measures against kind of the foreign affairs correspondent eric margolis believes washington is we're not then to support kind of this partly down to this slug of prime minister justin trudeau. the u.s. citizen has no interest or seasonal interest in getting involved in this spiel and you know it's very there's very little sympathy for canada in washington. antipathy dislike it's really must try to go in canada. doesn't manage the american leftists like its father was so it's there is no american support but it's still unfortunate be

and mexico and that as prime minister justin trudeau says progress is being made of the potential rework of the treaty of the day the u.s. and mexico announced a new deal.

jillian: we have seen justice trudeau -- justin trudeau breaking it down in india.ob: can his moves compared to those of another world leader? brace yourselves. jillian: british prime minister teresa may dancing the afternoon away with kids during the trip in kenya. rob: her rhythm. it is really bad. jillian: everyone can't be a good dancer. rob: you could do better than that. 10 minutes after the hour. the president's tax returns, james comey, the travel ban and that is just the beginning, democrats take back the house they have a laundry list of investigations get ready to go to take down donald trump. and next guest says this is proof the left doesn't live in the real world. rob: positing for prayer, touching photo of a police officer going viral this morning. rob: democrats ready to launch a laundry list of investigations if they win back the house in the midterms. jillian: are these investigations credible or dead end? joining us is republican strategist and attorney peter, what do you think is credible? >> reporter: the democrats are able to flip the house, th

we are here with a man who's become a friend of my prime minister justin trudeau there is no relationship quite like the friendship between canada and states the deep ties. up to the last week when kind of the can condemn the arrest of two human rights activists in saudi arabia riyadh responded by expelling the canadian ambassador and freezing of bilateral trade the us has so far remain neutral if they depart but merely urged both sides to use diplomacy to resolve the dispute over saudi arabia showing no sign of backing down or threatening to take additional measures against the kind of foreign affairs correspondent eric margolis believes washington's reluctance to support kind of this partly trumps this like of prime minister justin trudeau. u.s. citizen has no interest or seasonal interest in getting involved in this spiel and i mean it's very there's very little sympathy for canada in washington. antipathy dislike it's really must try to go in canada. doesn't manage the american leftists like his father was so. there is no american support but it's still unfortunate because the two cou

prime minister justin trudeau says canada will always speak strongly on human rights saudi arabia froze ties and new trade deals after canada the release of a jailed political activist the saudi foreign minister says canada is to blame for the dispute. could be will not be seeking a third term as president of the democratic republic of congo his was due to step down in twenty sixteen but elections to replace him were repeatedly delayed leading to violent protests now the ruling party has put forward could be as ally former interior minister a man who will not manzi soldering. the former first lady of ivory coast has been freed from jail after being granted amnesty for her role in the civil war some of bankers husband law refused to accept electoral defeat in twenty ten triggering a conflict that killed three thousand people she was sentenced to twenty years in prison in twenty fifty days for the headlines about with more news in half an hour here on al-jazeera next it's the bone hunter to stay with us. in the final. stand the differences. and the similarities and cultures across the wor

justin trudeau made remarks a short time ago. today, chrystia freeland also expressed optimism, but said that they were -- was still "a huge amount of work to do." ofwo week period unrestrained funding aimed at containing the stress from the currency crisis -- again, borrowing limits in place for interbank money market as investors want to turkey to raise interest rates. and german foreign minister -- said today that great britain was allowed to keep all of the good points of membership, other eu states could ask, why we members of the european union at all if an exit does not mean any actual disadvantages? at a joint news conference in berlin, the chief eu brexit negotiator said that negotiators with britain have reached the especially difficult final stretch. senator john mccain's casket has arrived at the arizona state capital in phoenix. the private ceremony had evening private viewing are to be held on what would've been the center's 82nd birthday -- would have been the senator's 82nd birthday. he will be buried on sunday fo