u.s. companies worry they might find themselves blacklisted by china. insect investment company is hoping for the juicy profits from insect based alamo seed cannot replace soybeans and fish. this is the new business live from. as welcome inflation in china rose to its highest level in more than a year in may official data showed wednesday even though domestic demand is still suffering due to the ongoing trade dispute between the u.s. and china both sides appear to be deadlocked tariffs count arabs and the dispute over one way seem to move a compromise in the trade dispute into the distant future. the threat is out there from 200000000000 customs duties on chinese goods are expected to rise soon to 600000000000 trump actually wanted to force the chinese to make concessions and then he even looks like tensions were winning with trump talking about meeting chinese president xi jinping in june but a us radio station said chinese authorities aren't interested in meeting the us president when trump heard that he switched rate into attack mode at the g 20 were

u.s. companies and u.s. companies cannot do business with huawei.ng to have a trickle effect. trump's efforts to get allies to go along with this is gaining traction. so huawei is looking to basically make up for any of those needs that were fulfilled by u.s. companies internally. were fulfilled u.s. companies internally on its own. is pulling the troops together. everyone from the company so that they can rid themselves of dependency from american companies. they are really approaching it. that is precisely what is happening. they had a lot of resources. they had something like 10,000 developers. all kinds of people. every level. if you are functioning 24/7, the building needs to be kept clean and the developers need to be working and doing everything that they can to to develop everything that they were sourcing from other places. is american supply chain suddenly dramatically being cut off. i think there are concerns that will happen with others. is ant we have seen internal and external effort. our colleague in china had an exclusive interview w

u.s. companies can sell their toipment to while away. -- huawei. u.s. heir equipment. we have a lot of great companies in silicon valley in different parts of the country that make extremely complex equipment. we are letting them sell to huawei. yvonne: what exporters have been saying, does president trump giveaway technology over some handful of soybeans? the chinese did agree they would be buying more of u.s. agricultural product, but when it came to the core issues that led talks to break down in april, it does not seem we got concrete details, whether it is concessions on intellectual property and tech transfers, we did not hit those. this is leading a lot of market analysts to say that this trade truce will be short-lived. let's move onto that surprise meeting between president trump and kim jong-un. here is what the president had to say after those talks. pres. trump: i can only say the meeting was a good one. very solid. great relationship. we will see what can happen. right.we want to get it we are not looking for speed. yvonne, that certainly ma

u.s. companies part of the 5g infrastructure, and 5g is not just a new, faster phone. g to change the way the u.s. uses the internet. it is going to change, for example, the death of wi-fi. you will not have wi-fi in your house. everything is going to be connected directly to the internet. banning huawei bans their components as well. cloud components as well. it benefits u.s. companies but make sure these services are done with u.s. manufacturers and u.s. businesses. taylor: we can sort of pull this into a cybersecurity conversation, and we often talk to analysts who say the next war that is fought will not be traditional war, but it will be one we play through cyber security. what kind of conversations are you having in d.c. with congressional leaders about how we stay ahead in the cybersecurity war? ron: so when i meet with people here in washington, dc, i talk about something called the cyber poverty line, and basically it is a line where above it, you have organizations that have everything they want. they have every cyber product they ever want, and they are still

u.s. companies not died huawei, but you cannot sell components -- not only can u.s. ies not buy while huawei. anyone working with china has been put on notice that this is something the administration takes very seriously. t-mobileou mentioned and at&t, verizon, some of these other companies. how much does this help them in the race to 5g? >> i think it helps u.s. manufacturers because we want to keep u.s. companies part of the 5g infrastructure, and 5g is not just a new, faster phone. it will change the way the u.s. uses the internet. it will change, for example, the death of wi-fi. you will not have wi-fi in your house. everything will be connected directly to the internet. huawei bans their components as well. sort of pull this into the cybersecurity conversation, and we often talk to analysts who say the next war that is fought will not be traditional but will be fought through cyber security. what kind of conversations are you having with congressional leaders about how we stay ahead ? the cybersecurity war >> when i meet with people in washington, d.c., i talk a

u.s. companies and u.s. companies cannot do business with huawei.s starting to have a trickle effect. trump's efforts to get allies to go along with this is gaining traction. so while way is learning to basically make up for any of those needs that were fulfilled by u.s. companies internally. it is amassing the troops. pulling everybody together to rid themselves of any dependency. >> of course. and they are really approaching it. we posit it in this warlike way with the troops, they have a lot of resources. something like 10,000 developers, all kinds of people. it is at every level of this company. if you are functioning 20 for seven, the canteen needs reworking, developers need to be working to do everything they can to develop the behcet's and the chips -- base sets and the chips. certainly, the american supply chain is dramatically being cut off. there are concerns that will happen with others. we have seen is both an internal and external effort. our colleague tom mackenzie in china had an exclusive interview with the founder of huawei. he is t

u.s. companies began having to seek government permission to sell components to our way in a move designed to harm the chinese companies ability to operate abroad and it's worked better than what ways boss had expected. one little wintry shit at the time we didn't think the matter would disrupt our business we didn't anticipate it was going to be as severe as it has become but we did some preparation is like a badly damaged airplane we protected only the core elements like the fuel tank we didn't protect our other parts should all if you try to break any 5 year and there could be more structural damage ahead for a while way as the u.s. continues to urge its allies not to involve the chinese company in their 5 g. networks who are always strongly denies the white house's claims that its systems could provide a back door through which beijing could spy on or even cripple the west and despite u.s. efforts ranging faith in sis huawei can repair its broken wings and fly again. china has abandoned an attempt at the world trade organization to get dumping levies on is exports dropped the e.u. and

u.s. companies.you go away from huawei as the core provider, a lot of it would be nokia or ericsson and a combination of others. what 5gimportant is brings us. this is a huge change. we will be able to enable robotics. we are taking data that have been centrally managed in the early generations of the internet and spreading it to the edge. there is going to be a lot more layers of security associate it with that and an opportunity around security. this is going to change the way we occupied -- operate. much like 10 years ago when we had the advent of 4g, we didn't realize what smartphones would be like. we will have similar things here. pretty of -- there are plenty of providers. i think the market will stabilize itself. the u.s. does not have a major player in that core backend. we have the telecommunication companies and other players in this business. world becomes more connected, as we move toward 5g, whoever's equipment is running it, there is a huge gap -- talent gap in cybersecurity. how big i

u.s. manages its own companies. the u.s. is not the international police. whole world. the rest of the world decides whether they should work with us based on their business interests and decisions. if some companies don't want to work with us, it is like a whole in the airplane. we are working to fix the hole, but the airplane is still able to fly. of the chips we have been using, half are from u.s. companies and half we produce ourselves. if the u.s. imposes further restrictions on us, we will reduce our purchases from the u.s. and use our own chips. if american companies have permission from washington to sell to us, we will continue to buy from them. tom: how much damage do you expect to be felt in the consumer division, smartphones and laptops, which depend on u.s. chips and software? ren: we might miss our expected growth target, but we are still growing. being able to grow in the toughest battle environment reflects how great we are. tom: do the actions the u.s. has taken mean you will have to ramp up that r&d spending to develop in-house products and

u.s. companies whose materials are claimed to have contributions to the tragedy. f i welcome you watching r.t. international with me carrying. what the u.s. is sending additional troops to poland the move was agreed during talks between donald.

u.s. corporation. fedex beat quarterly profit estimates but the company said u.s./china trade tensions and the company's decision not to renew its agreement with amazon will lead to some losses fedex sued the u.s. government this week and said it should not be held liable if it unintentionally ships products that violate a ban by the trump administration >>> micron shares are trading higher in extended hours after the u.s. chipmaker beat analyst expectations for third quarter earnings and revenue the company also said it expects demand for chips to pick up later this year. micron added it resumed sending some shipments to huawei in the past two weeks despite a u.s. ban on the chinese tech giant. micron said it had lawfully determined that it could begin shipping some products to huawei so very interesting developments there coming out of micron it has been a positive qucatalyt for european chipmakers. asml up a fraction steam micro up 1 percentage point. so finding a bit of relief >>> micron is one of the u.s. companies that the "new york times" reports has side st

u.s. companies are changing their supply lines. trade with% of asia the u.s. is historically china.as a move afoot even before the trade dispute to move the production further south because of the rising costs of production in china, which is going up, things of that nature. this trade uncertainty has accelerated that trend. if you are sourcing in china, you are instructing your manufacturer there to find another location, be it vietnam or cambodia. that trend is accelerating. you don't change sourcing and supply chains overnight. it is a complex issue. it will take some time to see the impact of that. basic export side, products like soybeans and plastics, things of that nature, those can change much more quickly. david: what about mexico? i'm assuming a lot of the trade with mexico comes across the border on trucks. are you seeing any diversion or is mexico stepping up and getting more trade as things come away from china? >> you are right to say that we don't handle much of that by shipping. i've always felt that mexico would be a winner in terms of diversification of the supply

u.s. company. it was not going -- dan: if you pay a u.s. er or it is not, you know, picking up the phone and it is vladmir putin. dan: who went to a hotel with a meeting with a russian lawyer? >> of course you know that donald trump, jr. actually did that. dan: you mean the russian lawyer that worked with the same company, fusion gps. >> we're talking about fusion gps. we're talking about fusion gps, a u.s. company that employed the services of steele and the steele dossier is not even where the russians, the russia investigation came from. as a matter of fact fbi was look -- dan: what you're say something entirely wrong and inaccurate. i have to stop you, steele already admitted to the state department in a memo you can look up yourself taken down in a note, that his sources were two putin-connected russians. so i'm just trying to, hold on i let you answer, i want to give your principles, you're suggesting as long as youpy a u.s. company first to pay foreigners to get information from putin-connected russians that is okay with you, right? >

u.s. companies internally. carol: it is amassing the troops. e when i read this story that is what it is doing. pulling everybody together to rid themselves of any dependency on american companies. dimitra: of course. and they are really approaching it. we posit it in this warlike way with the troops, they have a lot of resources. they have something like 10,000 developers, all kinds of people. it is at every level of this company that this is happening. if you are functioning 24/7 the , canteen needs reworking, developers need to be working to do everything they can to develop maybe the base sets and the chips. and everything else they were sourcing from other places because certainly, the american supply chain is dramatically being cut off. i think there are concerns that will happen with others. jason: and what we have seen is both an internal and external effort in many ways. our colleague tom mackenzie in china had an exclusive interview with the founder of huawei. he is taking a very bold position, both to his own employees, but also to th

u.s. companies whose materials are claimed to have contributed to the tragedy.the latest on these stories head to r.t. dot com coming up next crosstalk discuss his online censorship teaching for the.

u.s. companies whose materials are claimed to have contributed to the tragedy. and will welcome you watching r.t. international with me carrying. the u.s. is to dispatch additional troops to poland to ensure its security the move was agreed to during talks between donald trump and his polish counterpart in washington. poland will still provide. basing and infrastructure to support military presence of about $1000.00 american troops the polish government will build these projects at no cost to the united states suppose government will pay for this well there will be an additional 1000 troops going to poland that's what we heard from the white house where president trump of the united states and president duda of poland seem to have reached some bilateral agreements now this will be in addition to the over $4000.00 troops that are already in poland operating there on a rotational basis furthermore trump praised poland for meeting its commitments to nato the 2 percent threshold on spending in nato countries he says that poland will be meeting its requirements of a 2

u.s. companies from doing business with the phone in response china has threatened to limit the export of us to the u.s. or other retaliatory measures. at this point the pressure from washington at least one wall way executive has a clear message for the company's detractors we will survive we caught up with their one that's germany's deputy white chief is what he had to say their moment 10 years our effort on the 5 g. where i don't need him because nations even know that now we face some challenge and actually the area follow its history we have encountered a lot of challenge they karna why is just so one them and it we have the confident with us so i felt that we will settle the challenge and continuously serve our costs or are well. everyone that. has discovered serious problems and it's anti money laundering and sanctions controls the failings have allowed checks and payments to be processed without screening internal auditors last year alone scores of checks were affected and the bank does not know how many slipped through undetected in the years before the banks were dealing with fai

manages its own companies. the u.s. is not the international police. anage the whole world. the rest of the world decides whether they will work with us based on their business interests and positions. if some companies don't want to work for us, it is like a hole in the airplane. the airplane is still able to fly. using,s we have been half are from u.s. companies, and half we produce ourselves. if the u.s. imposes further restrictions, we will reduce our purchases from the u.s. and use more of our own chips. if american companies have permission from washington to sell to us, we will continue to buy from them. what exactly have you put in place in terms of contingencies? we might have contingency plans for the core of the airplane come the engine and fuel tank, but we may not have a plan for the wings. we need to review the situation all over again and fix those problems. you can come back to interview us in two or three years to see if we still exist. if we are gone in two or three years, please remember to bring a flower and put it on our grave. expe

the kind that these companies sign europe are we going to see these companies being broken down into smaller ones like some of the u.s. lawmakers want. this time it probably binds them more regulation to a stop at big tech companies expanding their empires they could be demobilized realistic outcomes some legislators is to consider premature to to call for breaking up big companies and there are plenty of obstacles that i had a previous best a geisha and to get yours had to materialize as is the case of democracy of one that led to no breakup at all in the early 2000 there is also a legal president in divesting tech companies here in the u.s. that while these a tech giants can afford an army of. lead to do years and years of confrontations in court. thank you for the hearo on wall street there for us. now to some other business stories making news 10 state attorney attorneys general glad by new york and california have filed a federal lawsuit to block cable 26 and a half 1000000000 dollar bid for sprint they say consumers will be harmed by the merger of especially low income groups analysts say the move is the meant

u.s. companies and the like.ran has done in the physical space with respect to oil tankers in the gulf. we know that north korea is engaged in major cyberattacks. engaged insia attacks against ukraine but had a huge effect on international companies. we know that people are getting aggressive in this space, so we are going to reduce our collection capabilities. that will make us a little more vulnerable. the trade-off between how vulnerable we are and if we get these benefits from cost savings or privacy benefits is a hard one to make and when the government is constantly looking at, but we should not just say that there are not very real threats against our nation, which there are, and it should not be obvious that we are always reducing our collection capabilities. that can have negative effects, too. emily: happy birthday. thank you for joining us the day before your birthday. we appreciate it. thank you as always for stopping by. changes at youtube, the streaming video platform, that will let users override a

u.s. companies and investors lost about $40 billion. turned out these companies were fraudulent companies. --ry country in the world companies from every country in the world have come into compliance with u.s. accounting standards for getting listed on our exchanges. except one -- china. the bill senator kennedy and i introduced requires every country to come into compliance. we have also written to robert he makesr to ensure this part of the negotiations going forward, including the upcoming g20 talks. david: thank you so much for your time. senator chris van hollen of maryland. we are learning today that millionrump made $4 from her investment in her father's washington post tell last year. made $1 million from her apparel, jewelry, and merchandise. trump and her husband jared kushner earned between $28.8 million and 100 million dollars in outside income. they are both unpaid senior advisers to the president. still ahead, broadcom's troubles make it our stock of the hour. that is next. this is bloomberg. ♪ david: you're watching "bal

u.s. companies. so those are all the big issues that are still under negotiation in the trade negotiation and we're really basically back to where we were a couple months ago when the negotiations broke down. arthel: meanwhile, how does this benefit u.s. companies, to be able to sell equipment to huawei? >> well, i think that it certainly benefits the companies that are actually doing the selling, the chip makers and others who are selling the equipment. it might benefit the markets as well. you'll kind of see that happen when the markets re-open because people feel the trade spat's not going to get worse. long-term, does it give away some leverage that the united states has had? the u.s. has kind of fished around for something to sort of hold in a way to hold china's feet to the fire, tariffs are one of those, the huawei conflict is another. but the u.s. now is kind of giving that one up and you're hearing in congress perhaps efforts by some legislators to make it law to prevent the sale of some of

u.s. companies should also bear some responsibility. ball of fire and you tragedy occurred in london and make no mistake this was a tremendous tragedy many people were killed many people were horrifyingly hurt don't go on doing that actually led to it came out of the united states and specifically out of the state of pennsylvania if those products were never sold busy to those to those. people to those companies in the u.k. this never happens it's more of a mission all we have to do is work hard every day to remember and some of her clients went through and we have to remember what the goal is ringback and the goal is to is to prosecute this case so that companies laying around excel since we're all so they never ever feel that they can do this again at this point in time these are the companies we have sued these are the companies we're seeking to hold responsible for the wrongdoing that occurred. to the extent that there are other facts that show anything down the road that's a conversation that will have at that point we believe our

u.s. is actually banning 5 more chinese technology companies to purchase components from u.s. manufacturers that on the other side might be hurtful to some of the u.s. chip makers semiconductor companies or they're doing business with those chinese firms so not of news flow and yet of speculation when it comes to the trade tensions between china and the u.s. now yes you're there wall street where it's been another wild week stock surging over the past month in fact what's behind the gains briefly if you can. well the very main reason is that wall street is quite certain that the federal reserve is going to cut interest rates by the end of july so that would make money even cheaper and that money could get invested into the stock market for june so far blue chips are up about 7 and a half percent was that it would be the best months for the dow jones industrials not the best month the best june for the dow jones industrial average since 1938 and now certainly we're looking at the trade talks and at the g. 20 by the end of next week in japan. joining us from new york thank you.

manages its own companies. the u.s. is not the international police. manage the whole world. the rest of the world decides whether they should work with us based on their business interests and positions. if some companies don't want to work with us, it is like a hole in the airplane. we are working to fix the hole, but the airplane is still able to fly. of the chips we have been using, half are from u.s. companies, and half we produce ourselves. if the u.s. imposes further restrictions on us, we will reduce our purchases from the u.s. and use more of our own chips. if american companies have permission from washington to sell to us, we will continue to buy from them. tom: what exactly have you put in place in terms of contingencies? ren: we might have contingency plans for the core of the airplane, the engine and fuel tank, but we may not have a plan for the wings. we need to review the situation all over again and fix those problems. you can come back to interview us in two or three years to see if we still exist. if we are gone in two or three years

u.s. companies. so, and creates this degree of uncertainty that is really weighing on the stock throughout the market today. emily: what is your sense of how this could materialize or be executed on the part of the chinese? rebecca: what we are starting to see is that separation of tech's ears. china will become more dependent on its own technologies and silicon valley u.s. will become more dependent on its technologies. we will see a separation of the technology world and it is not a good thing for consumers or businesses because prices will rise and we will all suffer. innovation will suffer as well. i think this is definitely not a good trend. emily: i also want to talk about what is happening with mexico. the pair -- the president threatening 5% tariffs starting june 10 if mexico does not take effective steps regarding illegal immigration. i sat down with an official from go for -- from gopro. take a listen to what he had to say. >> we said, let us go and research where else we would build our pr

u.s. companies and some leading pakistani companies active in silicon valley. onere also planning to do in washington, d.c. to sensitize people about the possibilities in pakistan. obviously, this is just one part of what we can do. groundl action is on the , where the prime minister has personally committed to steer and oversee the ease of doing improving the ease of ,oing business in pakistan enhancing pakistan's competitiveness. we have already gone up by about 20 notches. we are determined to improve. from 47, the government has brought them down to 16. if you wish to register a company in pakistan, you can do it in one day. these are the things that would make it easier for people to go and see for themselves. i say this again. one of the most effective ways of debunking those myths about -- ourn -- and it is biggest is the generosity of our people. this notion of people hating americans is nonsense. you can only feel that once you go there and you experience the country and you meet the people and the kind of welcome you will get. -- one of the reasons wh

u.s. companies to sell some products to the chinese telecom giant huawei. here is what president trump said about huawei last month. >> huawei is something that is very dangerous. what they have done him a security standpoint, from a military standpoint is very dangerous. >> why is the president agreed to do business again with the company that he says is an extension of chinese intelligent and a lot of people say if huawei products go into other countries it will allow chinese to spy on people using their products. >> that very well may be. let's be careful here. the president's announcement at these meetings and he was very clear to say that american companies can supply huawei with various products and services, provided that there is no national security issues or problems so the commerce department has already offered a number of general services licenses for some sales to huawei. on the other hand, i think commerce will probably go back after the president decision and take another look. maybe open it up, there's a lot of technology services. you can

u.s. companies. paul: what does it mean for u.s. companies, derek.like a shot across the bows? should u.s. trading in china be a little nervous at this point? derek: i don't believe anything in this life is a coincidence, certainly not an geopolitical affairs. china has said that some of these concerns are overblown. i think the fedex matter is a little bit different from the rest of them. certainly, if you are looking at a list like this, if you are looking at a response like this and you say to yourself, what are the companies that have gone along with the u.s. in terms of thosections on huawei, could be companies that i think a lot of international analysts are watching to see how far china goes. tohink it is important context that all of this is happening just following the shangri-la dialogue in singapore, were china got a much more favorable reaction than people were expecting. amongis a lot of concern nations herein southeast asia wanting this trade war to dissipate. wanting a truce. wanting some de-escalation of tension immediately. shery: th

u.s. companies won't be able to wait that long. french energy group told to start of production on the culture and gas fields in the north sea around 200 kilometers north of the danes all calls in will provide around 5 percent of britain's gas when it reaches people peak production adding the fuel to its portfolio towards i will be able to cover almost one 5th of the u.k.'s demand for gas. was discovered it was celebrated as the largest gas find in a decade totals almost apples that. us online retailer amazon has once again dethroned google and a surpassed apple on its climb to become the most valuable brand in the world according to us. by the global market research agency comes up i was a brand value has grown by 52 percent to $315000000000.00 that's equivalent to the g.d.p. of bangladesh contrast said i'm a zone's move to the top was due to smart acquisitions it's a period customer service and it's disruptive business model let's talk about that with our financial correspondent joins us from france with only just to clarify this