u.s. department of commerce could have some troubles finding someone who actually supported the tower. yes you're right. old bob one of forty five witnesses scheduled to testify today are expected to testify against. those terrorists on important cars and car parts one representative on the labor union of the united. workers expressed today a sort of measured supports saying that decades of disinvestment and. you as jobs multi-nation oil companies has weakened you as economic security as a nation but old al gore witnesses i was listening to were quite sure they wanted the consequences of such terrorists would be on the floor scene and this stressed that the u.s. car industry is thriving so there is no case here no threat to u.s. national security ok so let's cross over to new.

of u.s. exports joining forces against trump for the e.u. that could be a show of solidarity and strength. well let's see what the other side is doing the u.s. department of commerce has temporarily lifted part of the sales ban on chinese tech giant. the ban almost shut down the company in april when washington accused it of continuing to violate sanctions against iran and north korea now restrictions have been lifted at least for the meantime. the temporary reprieve is only on to lead end of july and conditions under which that t.-e. will be allowed to resume business as strict the chinese tech giant will be able to maintain existing telecom networks and mobile phones in the usa and to carry out security patches to continue operating the company must pay a one billion dollar fine replace its executive team and hire u.s. compliance officers it was only in april that the company suspended most operations after the commerce department imposed a seven year ban from buying u.s. components and technology said he relies on u.s. companies for nearly one part in every four that go into its networking hardware and smartphones said t e pleaded guilty in march twenty sevente

u.s. department of commerce could have some troubles finding someone who actually supported the. yes you're right. old but one of forty five witnesses scheduled to testify today are expected to testify against plan to impose tariffs on imported cars and car plants only one representative on a labor union of fifty united automobile workers expressed today a sort of measure and supports saying that decades of disinvestment and all showering of you as jobs by multi-nation oil companies has weakened you and economic security as a nation but old al gore witnesses i was listening to were quite sure they once did the consequences of such terrorists would be on the floor scene and this stressed that the you ask car industry is thriving so there is no case here no threat to u.s. national security ok so let's cross over to new york now yes we heard about consumers and employees already but what will be the effect on companies themselves well quite simply the margins in the u.s. car industry are actually that's true for the car industry globally are not very high so meaning if costs increase

u.s. department of commerce to investigate whether imported cars are a threat to national security that sounds ridiculous and that's what many lawmakers say therefore they are trying to block this attempt they are working on different bills to delay the tariffs or even talking about trying to wrest control of their trade policy back from the you ask president they're working on a bill that would require a congressional improvement of tariffs that would be imposed on national security grounds our correspondent alex some of phenomena in washington thank you very much . the european union has introduced temporary quotas on steel imports e.u. lawmakers fear the u.s. tyrus will encourage major producers like china to send their seal to the e.u. instead could leave. which may destabilize the steel industry there is a lot of steel on global markets at the moment primarily due to chinese overproduction china makes almost as much role steel as the rest of the world combined quarters will stay in place for a maximum of two hundred days. let's bring in our financial correspondent only vance and frankfurt

u.s. department of commerce indicates that 29,000 jobs were lost in the industry between 2012 and 2015. suspension of the tax has reduced some of the damage, but the long-term investments and planning are impossible without full repeal. without permanent repeal, we will never be able to fully recover the jobs destroyed by obamacare and patients will continue to be denied new life-saving products. the protect medical innovation act will ensure that the medical device industry does not just survive, but thrives, and this commonsense and bipartisan legislation would permanently repeal the medical device tax and thereby remove a mindless roadblock to economic growth and patient health. i want to thank my friend, again, representative paulsen, for his tireless efforts on this issue. and i urge my colleagues to support passage of h.r. 184. with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from minnesota reserves. the gentleman from massachusetts is recognized. neil neil thank you, mr. speaker. i want -- mr. neal: thank you, mr. s

u.s. department of commerce for basically everyone was telling him it's a very bad idea but he's very intenton doing that especially in fact before the midterm elections he won some major wins or show people that he cares for the u.s. industry so it's very very hard to distract him from that even though the majority of companies and people are against the copy because tariffs he said yourself are seeing a new era if you will of transatlantic relations definitely new rhetoric we've also seen the e.u. forging new alliances for example with japan are we seeing the start of a new global trade order. well we still have the w t o we still care for the deputy oh but time does not only threaten e.u. and other trading partners but also the multilateral organisation we have the problem with the appellate but if we have other problems in the context of the w d o so it is it is really under threat even though the you tries to rescue some part of this organization but what the e.u. does is we have a strong trading policy we are a strong trade partner and we will look elsewhere if we don't have the u.s. a

u.s. department of commerce. both time zones no doubt waiting for the clock to hit midnight.-pacific earnings are down in contrast with projec tions for the company. we will be unpacking that data. david: up next, we look at oil following the surprise increase. we look at the prospects next. this is bloomberg. ♪ haidi: let's head over to the oil patch where prices are at a low following an american stockpile at the same time saudi arabia lowering prices and selective ones in europe and asia as well a day after president trump called and opec to bring prices down. how much oil can saudi pump to bring prices down? the saudi says say they have 2 million barrels. last month, they said they increase production to 2.5 million barrels a day. showing the market that they are tackling the higher prices and pumping more oil. they are making a concerted effort here. as to whether they can pomp, how much more they can pomp or are willing to pump depends on a lot of various sectors in the market. and talkisruptions, from the iranians that they may close the strait. they have the capacity

u.s. department of commerce. she is currently at arnold importers.es, trade remedies. if you are covered by the tariffs and nothing changes, how do you navigate it? is the remedy, a temporary reprise? a lot to talk about there. kathleen: a lot to look forward to on your show. before we hand over to bloomberg markets: asia, a look at how markets are trading. we are seeing the green getting deeper in asia. the nikkei is up more than a full percentage. the cost be -- kospi. up 0.1,sx 200, this was now we are 2/10 of a percent. things are looking good. yvonne: looking like a relief rally ahead of the tariff announcement. we are set for a fourth weekly decline of more than 1% for asian stocks. before it is just a calm the storm as we get closer to president trump's announcement. we see equity futures in singapore, as well as taiwan up. we see resilience coming through from these manufacturers. these trade frictions by malaysia seeing slack. more to come on bloomberg markets, next. retail. under pressure like never before. and it's connected technology tha

u.s. department of commerce indicates that 29,000 jobs were lost in the industry between 2012 and 2015. suspension of the tax has reduced some of the damage, but the long-term investments and planning are impossible without full repeal. without permanent repeal, we will never be able to fully recover the jobs destroyed by obamacare and patients will continue to be denied new life-saving products. the protect medical innovation act will ensure that the medical device industry does not just survive, but thrives, and this commonsense and bipartisan legislation would permanently repeal the medical device tax and thereby remove a mindless roadblock to economic growth and patient health. i want to thank my friend, again, representative paulsen, for his tireless efforts on this issue. and i urge my colleagues to support passage of h.r. 184. with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from minnesota reserves. the gentleman from massachusetts is recognized. neil neil thank you, mr. speaker. i want -- mr. neal: thank you, mr. s

of jobs and eighty three billion u.s. dollars annually a group representing major automakers wants to tell the u.s. commerce department that imposing tariffs of twenty five percent an important cost and parts will have to exacerbate the facts on the economy based public hearing is set to begin today. this plant in the mexican city of sea level is run by american multinational general motors each year it produces four hundred times and pick up trucks destined for the u.s. market. it's just the kind of operation u.s. president donald trump has tried to clamp down on he wants american carmakers to. at home. but such protectionist rhetoric often overlooks the importance of america's own export markets staying with the example of general motors some five thousand of the company's employees in the united states produce parts which are assembled in mexico. if the united states follows through on its threat to impose tariffs on car imports the cost of pickup trucks in the u.s. would be very likely to increase for general motors that could mean job losses in both mexico and the united states and that's just one example of the

of the. salewere imports. the u.s. commerce departmentue to investigate this issue of possibly imposing those new tariffs on foreign cars and auto parts. jericka duncan, cbs news, new york. >>> well, coming up on "cb ahead, we went undercover to see how addicts are being paid hundreds of dollars to undergo surgery that promises to stop cravings. >>> plus, the recent heat wave has peeled back layers of history in ireland's landscape. jonathan vigliotti traveled to ireland to see the prehistoric monument being revealed for the first time. >>> and the instagram effect on travel. how social media platforms have become the modern-day travel agents and their influence of vacation trends. that's the "cbs morning news" for this friday. i'm anne-marie green. have a great day. -- captions by vitac -- www.vitac.com -- captions by vitac -- www.vitac.com it's friday, july 20. i'm kenny choi. >>> the bay bridge. a clear shot this morning. it's friday, july 20th. i'm kenny choi. >> i'm melissa caen. time now 4:29. here's neda iranpour with weather. >> g

of commerce. at the same time there are reports the eu has written to the u.s. commerce departmentarning of something like 300 billion -- the eu warning of 300 billion impact of trade tensions. the pressure is really being ratcheted up on trump this week and i don't think anyone is comfortable knowing how they will react. vonnie: it is a holiday shortened week. if everything does go ahead as planned. the reciprocal to go into effect, if this scene -- is this priced in or will we see another big shock? the question is with the s&p 500 dipped below the level which for the past week or two has really been a super important level. a little bit below that and you're looking at negative stock market as far as the s&p 500 year to date. important psychological but not just psychological levels, but there is clearly a every orders under 2700 time it dipped below. it made another attempt to go under today and quickly came back. it seems like it has support there. the longer you touch the support level like that, the more worried you have to get about the future. cameronur buddy seemingly wor

u.s. department of state. suffolk county schools. department of commerce. u.s. security and exchange commission. new york state whistleblower body armor whistleblower. burlington northern. fbi. law enforcement whistleblower. u.s. marshals services. is there anybody that i missed? do not be embarrassed. please stand up please do not be embarrassed. stand up and announce yourself. [applause] [inaudible] fda. b9b17 anyone else? [applause] >> the united states the previous court. >> one -- supreme court. >> congratulations. [inaudible] be manic you are all in the arena. you may not have one. thank you. now the grandfather of the fbi whistleblowers. a whistleblower attorney. please introduce it is an honor to introduce to blow the whistle on the crime lab that we started to represent 26 years ago and fred had a celebrated case while testifying the o.j. simpson simpson case, the world trade center one case. he made a lot of news but really his mission, he only wanted one level, actually two. one thing he wanted to do was to ensure that fbi agents in the fbi lab when they went into court, tell the trut

u.s. commerce department has temporarily lifted part of a sales ban on the major chinese. the ban all but shut down the company in april this year when washington accused of contravening sanctions against iran and north korea now restrictions have been lifted at least for the meantime. the temporary reprieve is only until the end of july and conditions under which that t.-e. will be allowed to resume business as strict the chinese tech giant will be able to maintain existing telecom networks and mobile phones in the usa and to carry out security patches to continue operating the company must pay a one billion dollars fine replace its executive team and hire u.s. compliance officers it was only in april that the company suspended most operations after the commerce department imposed a seven year ban from buying u.s. components and technology said t. he relies on u.s. companies for nearly one part in every four that go into its networking hardware and smartphones. pleaded guilty in march two thousand and seventeen to having shipped equipment to iran and north korea in violat

u.s. production. getting the rest of the world to recognize that china is not playing fairly the commerce department says it's too soon to determine if the u.s will raise tariffs. but members of congress aren't waiting for answers. lawmakers plan to introduce bi-partisan legislation to help put the brakes on the increase. in washington brie jackson. (grant) bart is extending it's elevator attendant program. back in may... bart hired 35 staff members to stop people from using the elevators as toilets at the civic center and powell street stations in san francisco. the 6-month pilot program has been extended. it will now run through november of 20-19. attendants are on the elevators everyday from open to close. (justien) muni riders will soon have more time to finish trips... before they have to buy a new ticket. the m-t-a is extending ticket transfer times to two hours. that's an extra 30 minutes. the extended transfer times goes into effect on september first. coming up at eight.. california joining a nationwide crackdown on fake charities.. who officials say was targeted. plus a new study linking teen's

of our global revenues. all u.s. companies need the support of the u.s. government in maintaining constructive relationships with foreign governments. and establishing a level playing field for business. the commerce department plays an integral role in that process and we look forward to hearing about current efforts in that regard. of course, the membership of the chamber stands ready to partner with you in achieving these objectives. now, mr. secretary, 35 and 39, the floor is yours. [applaus [applause] >> thank you. thank you, good morning. secretary, thank you for being with us and before i get started with some questions, i just want to congratulate secretary ross, the president for a great quarter of gdp growth, so, congratulations to you and the economic team. we're looking forward to a lot of those. >> thank you. >> so getting on with indo-pacific, it features prominently in the president's national security strategy. from a strategic logic what is the rationale for indo-pacific from a commercial point of view? >> well, indo-pacific as an important region actually goes back to 1794. the state department opened a branch location in calcutta, so that's how far back it goes, but relationships have gone

of intellectual property rights. to us that's a very fundamental activity and a very important one. recently, the u.s. patent office, as you know, secretary, is part of department of commerce, we recently issued our ten millionth patent, no country in the history of the world has ever approached anything like ten million patents. and most interestingly, more than half of them were issued in the last 30 years. so the entire history of the u.s. prior to 30 years ago produced fewer patents than we have in the last 30. and if we calculated the last five, that would be even a huge percentage. so ipr is really important because it's the future. so we have a great deal of difficulty with forced technology transfers, we have a great deal of difficulty with cyberattacks. we have a great deal of difficulty with outright theft of ipr. so our strategy has two components to it. one is to deal with today's world, and that's things like steel, aluminum, and possibly automobiles. the other part is to deal with the future. and that's largely the high-tech areas, so we feel there's a need to normalize dealings and level the playing field both in terms of the traditional industries and in te

u.s. department of state. corruption and the suffolk county, new york school. the department of commerce. u.s. securities and exchange commission. new york state whistleblower. body armor whistleblower. fbi. kenneth williams, law enforcement whistleblower. stephen zanowick, u.s. marshal service. it.i do believe that is is there anyone i missed? if there is, please stand up. do not be embarrassed. do not be embarrassed to be a whistleblower. if i missed your name, stand up and announce yourself. [applause] hold on. let's get a microphone out there. >> dan martin, v.a. linda: is there anyone else? we want to honor you. >> we wanted the supreme court. >> congratulations. [inaudible] linda: thank you. thank you. you are all in the arena. won, butot have you are in doubt. thank you. unbowed.e thank you. right now, we're going to have lipinto introduce the grandfather of the fbi whistleblower. dave, who is a whistleblower , please introduce fred. toe: it is an honor introduce fred, who blew the whistle on the fbi crime lab. he told me when he came up last we started representing him 26 years ago. ha

u.s. sanctions on iran and north korea the commerce department removed the ban shortly officer t. paid a four hundred million dollar bond to two u.s. bank as part of a settlement which last month said he relies on american made components for smartphones and was forced to shut down most of its operations after the battles announced in april. when washington's trade tariffs against china took effect on july the sixth the country retaliated with counter tariffs on the same day now that move will impact a slew of american agriculture products including soybeans and it's not just a blip on the radar sending soybeans to china is worth fourteen billion dollars a year to the united states. oh in villa easy on a is soybean country raymond checks night a says his crop is coming along well this year. it will relook being but if the trade spat between the united states and china doesn't tend soon his market is gone six night to says he could lose more than one hundred fifty thousand dollars thanks to the twenty five percent china slapped on u.s. imports in response to trump's tariffs. i don't know if we realize from the start how big of a buyer drano was. yo

>> if you look at the submissions from the department of commerce, these measures would be hugely damaging to the u.seconomy, costing hundreds of thousands of jobs, increasing prices to consumers. and reducing the growth of gdp so of course it would be not good news for europe if we get into an escalation of a trade war. but frankly, i think these kind of measures would also be extremely damaging to the american economy >> it is a very big warning put out by the eu. and we thank you for joining us to put commentary around it. european ambassador to the united states in brussels right now. >>> and coming up you, the ceo of international logistics company flexport is with us. duncan just protected his family with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually,duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncans wife cassie got a $750,000 p

u.s. telecom market on grounds of national security. the commerce departmentc should deny the base 2011 application and the latest bad over china's growing influence. impose tariffso on chinese goods on wednesday. u.k. prime minister theresa may come off has held meetings with ministers to win their support. pro-and anti-brexit figures are split between two possible options. officials say may has drawn up a third plan to combine the best of early models. the uk's future relationship with a you -- the eu. orderdge's pricewaterhousecoopers to pay more than $620 million for negligence. the case relates to audits and it's been group. it collapsed during the financial crisis and was the sixth biggest bank failure in u.s. history. the judge set the accounting firm did not design its audits to detect from -- fraud. tesla is said to be posing some models were production. that is just days before reaching its output market of 5000 cars a week. we are told they will resume operations on thursday and the brakes will allow the company to carry out basic maintenance work.

of steel made in the u.s. then on march 23 of this year, this country imposed another 25% tariff on steel and 10% on aluminum after the commerce department's section 232 investigation concluded that those imports were a threat to national security. this also had the effect of raising the price of steel and aluminum that broil king used to make gas grills in dixon, tennessee. so prices for u.s.-produced steel that broil king buys are up 40% since january, according to the trade publication "steel benchmark." this is called shooting yourself in one foot. now here goes the other foot. europe and canada then responded to the u.s. tariffs on steel and aluminum by imposing tariffs on u.s. products sold in europe and canada, including gas grills. broil king exports to canada and europe. remember, they located their plant here so they could do thas the company makes in tennessee. the company told me last week they are losing money on every grill they sell in europe because of the combination of steel and aluminum tariffs and the response by europe and canada. broil king is also hurt by the march, 2018 announcement tariffs would be imposed on $50 b

u.s. and china. the macron news comes fresh off in administration's proposal from the commerce department to block china mobile from entering into the u.s., that ofis a large telecom giant in china. 73% stake from the chinese government invested in macron, that sent shares down to a four-year low as a result of that recommendation from the commerce department to president trump. now we have the macron news where folks are literally being turned around as a result of this escalating tension. all of this comes a head of friday, july 6 deadline when we are exhibiting the anticipation will enact the $36 million with the tariffs and the first round, china says they are willing to play right back in that they have tariffs of the run they will respond with. onry: ahead of those tariffs friday, do we know at this point if the white house is keeping aligned indication with beijing? are.: they i spoke with several sources or tell me repeatedly they are continuing ongoing talks. the right now, it doesn't look like there would be any type of appeasement with regards to trade. the second point i would make quickly here is that this notion of how the president

u.s. is posting second quarter growth of four point four percent the commerce department said that the expansion is being powered by a rebound in consumer spending and exports and firm business investment analysts believe president trump tax overhaul may have encourage consumers to spend extra money in stores they appeared to be confident about the future of the economy as more and more durable goods were sold like washing machines or refrigerators late last year congress passed from one point five trillion dollars tax cuts to boost economic growth. as a brand i hope from the frankfurt stock exchange down an impressive figures but how did the markets take it. well trading is done here for the weekend the route of execs close actually with the six weeks high here at the level of trust thousand eight hundred and sixty points the next goal here off investors will be again the thirteen thousand point well given the fact that also trading on wall street was receiving the latest g.d.p. figures quite well a slight plus there this has given cheers also here a little boost before the weekend but let me t

u.s. sanctions on iran and north korea the commerce department removed the ban shortly after that he paid a four hundred million dollar bond to a u.s. bank as part of a settlement reached last month is a month also included a one billion dollars penalty to the u.s. treasury in june said he relies on united states components for its smartphones and networking gear was forced to shut down last resort aeration after the ban was introduced to me from. the european commission has launched an in-depth probe into a proposed merger between german conglomerate siemens and french rail transport company alstom of the competition concerns the company's agreed to merge their rail operations in march and expansion aimed at staving off growing challenges from chinese rivals but the european commission is worried they might get too big and threaten fair competition within the trade supply business. and that's only business when i'm going to have you back over to say thanks to a former bodyguard of the late al qaeda leader a son of a lot and is at the center of a tussle between the german government and german court first the government appointed him back to tunisi

of the u.s. commerce department recommending to the f.c.c., the federal communications commission to reject the applicationt in in 2011, by the way, by china mobile to offer international voice service, presumably the chinese citizens, those who want to call back to china or elsewhere in the world. they were not applying for mobile services. so for smart phones or data and all that. generally they're -- generally the u.s. intelligence community cited national security concerns. they said, quote, in the filing to the f.c.c. china mobile approval would pose unacceptable national security and law enforcement risks and basically citing as well the potential for malicious activities the chinese government could use china mobile for economic espionage and intelligence collection. this would be a little different than the crackdown on z.t.e., the telecommunications equipment maker, china mobile is primarily a domestic mobile phone operator. so the direct economic impact on china mobile will be far less being rejected from the u.s. market but again the stock today in hong kong down 2%. david: it is. we've got to l

u.s. economy is growing as out its fastest rate for four years posting second quarter growth of four point four percent the commerce department said that the expansion is being powered by a rebound in consumer spending in exports and firm business investment analysts believe that president trump's tax overhaul may have encourage consumers to spend their extra money in stores there appear to be confident about the future of the economy as more and more general goods was sold like washing machines or refrigerators congress passed from one point five trillion dollars tax cuts to boost economic growth as a brand from the frankfurt stock exchange down to impressive figures but how did the markets take it. well trading is done here for the week and the routes have execs close actually where the six weeks higher at the level of trust thousand eight hundred and sixty points the next goal year off investors will be again the thirteen thousand point mark well given the fact that also trading on wall street was receiving the latest g.d.p. figures quite well a slight plus there this has given cheers also here a little boost before the we

of u.s. technology. what is going on. >> it was established in the 1970s and has players from a whole bunch of executive agencies coming on the commerce department and intelligence community, et cetera et cetera. and they were starting to acquire american firms. mostly at that point in the energy sector and there was a concern that it's an arab nation were company that tied to an arab company that wants to buy a big american well company. doesn't that have national implications if they control our energy. so set up in the 70s in the industrial ages much unlike what we have today. in those days was pretty clear. company a overseas company be in the united states. maybe they should look at that and see if there's other potential concerns. fast forward to today in the information age, it's a lot more complicated if a foreign company or investor wants to get their hands on some of the technology. what we look at is how the committee is not very well equipped to deal with these transactions that also involve not steel not gas but information. an example is a company last year that wanted to buy money grab which is this money company in the u.s. not u

washington and now very happy about trump's idea of imposing import tariffs on cars i don't know very any stressed. a protest in washington at the u.s. commerce department launched hearings into the import duty and here is why trans terry still just a fact imported cars vehicles made in the u.s. two that's because his mattias put a levy on parts as well but let's look at two foreign cars first that's a honda civic and an audi q five now the compact car today cost just over seventeen thousand dollars but say what happens when we slap your niece the price shoots up almost one thousand seven hundred dollars a luxury as your columns off even worse a price increase of almost nine thousand either consumer or the company will have to eat that cost and higher costs mean caught backs of course from the u.s. tariffs alone that could mean as much as one hundred ninety five thousand jobs lost factor in by foreign countries on an equal basis as many six hundred twenty four thousand u.s. jobs could be slashed and protests in washington have made their anger clear here is more. it inevitably everyone arrives but pick up trucks made in the u.s. even japan's toyota belo

price was forced out last fall, after reports of his travel spending surfaced. the u.s. commerce department formally lifted a seven-year ban on u.s. companies selling parts to chinese telecom giant zte. the trump administration imposed the ban for violating sanctions on iran and north korea. then, it agreed to a settlement that included a $1 billion fine. d, on wall street, the dow jones industrial average gained 94 points to close at 25,019. the nasdaq rose two points, and the s&p 500 added three. for the week, the dow gained 2%. the nasdaq and the s&p 500 rose more tha c1.5%. still e on the newshour: mark shields and reihan salam analyze president trump's chaotitrip to europe. and, the lost music of jazz great john coltrane. >> woodruff: it has been a busy week in politics, hero at home and . for more, we turn to the analysis of shields and salaat that is synd columnist mark shields, and "national review" executive editor reihan salam. and david brooks is away. we welcome both of you. what a week, mark. let's start with the special counsel returning these indictments today, sweeping indic

u.s. telecoms market on grounds of national security. officials at the commerce departmentay the sec should deny the company's application in the latest spat over china's growing influence. promised to respond. onbal news 24 hours a day air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm jessica summers. this is bloomberg. all: thanks very much, jessica. national security hawks in the u.s. want trumps the fire to force chinese company is out of business. attempts to push back against the administration's trade policies seem to be fizzing out, don't they? >> yes, a lot of traditional lobbying powerhouses in washingtonfound that has turned a deaf ear to their steel and aluminum and lawmakers in congress seem to be unwilling to go to the mat with the president on these issues. there has been a number of attempts that have just been shut down, and it looks as though the penalties on the te that were prominent in the senate defense bill likely are prettyo get watered down much to the white house liking by the time that

of migrants. the state department today announced 113 million investment initiatives in asia focusing on digital economy and infrastructure. t a u.s. chamber of commercen, secretary of state said the united states will continue to create the conditions for mutual prosperity in a free and open indo-pacific. >> it is in our interest to be engaged. one-third of the global population is there. four of the world's six largest economy. china, japan, india and the united states. >> secretary of pompeo sought to allay concerns because of president trump's decision to bolster from the transatlantic partnership. he says the u.s. is working with better and higher standards bilateral trade agreements. in northern california, those deadly wildfires are taking aim at the state's power grid. knocked outd it has high voltage lines. the electric company told operators to restrict work in anticipation of high demand and continued fire threats. greece's prime minister visited the site of the country's deadliest wildfire in decades after it went through a seaside resort north of athens killing dozens. and spoke to local citizens as well as firefighters, soldiers and volu

u.s. competitive. u.s. commerce department is holding a two day hearing on the tariffs in washington. >>> the bay area is home to the high-tech boom. many of created in silicon valley or san francisco. the bay area council said the number of jobs in the tri- valley has increased by 35% since 2006. with cheaper commercial space, communities like livermore, pleasanton, dublin and san ramon are becoming more appealing for startup. some say part of the attraction is the quality of life. >> in the tri-valley they are cultivating a quality-of-life where you can live and work in the same neighborhood and town. >> that combination may sound ideal but many people say the tri-valley is already too crowded and does not have enough public transportation. >>> a lost wedding ring found on the beach. >> i hope someone recognizes it and it is meaningful. >> one man's quest to find the rightful owner and the short inscription inside the ring. >>> our weather story has not changed much. cool temperatures coast side and hot temperatures in land. a few changes as we head toward the weekend. the full forecast is coming up. >>> up next, investigators arrest a m