orange juice cranberries been from kentucky and some u.s. metal imports as well donald trump has already suggested that european car manufacturers could be targeted with more terrorists and the e.u. has also suggested that it may have some ideas in reserve suggesting that it's earmarked around three point six billion dollars worth of. u.s. products to slap tariffs on in the near future that's if the world trade organization trade court rules in favor of the european union's latest complaint against the united states the e.u. all in all the has made it very clear that it's going to do what is necessary to protect its consumers and its produces but before it gets any more complicated before things develop any further potentially into dangerous territory what the e.u. really wants is to bring the united states possibly in the company of china to the negotiating table right now though nobody seems to be talking. well as need highlighted there the new e.u. terrace a carefully timed hit on states that support president trump and the republicans there's kentucky for instance where the f

europe made by either european producers or indian or even japanese producers the kentucky distillers association urged trade negotiators to quote sit down over a glass of our signature spirit and resolve their differences rob reynolds al-jazeera washington. ton of support his son thank you very much adrian lawit another busy day at the wall cup in russia would be fun. i really don't know how to define it it's not possible for me to define it that's it's just one of those things that you feel this is yes yes i believe in this i'm so i'm not but i'm an independent on a mission for america. it's about the idea that. raised. it's about it's about the believing in you again it's about that. as a filmmaker i would want my audience to support that when men begin first as a unit i would definitely want my audience to do a jumble with it and say yes this is what i want and. i have tried to be very honest with the film the story isn't mine yes i. repaired off from my sister was a childhood incident she was the one who planted chocolate all of them so i have put in the elements of my childhood

american products from levi's jeans to kentucky bourbon to harley davidson motorcycles. all made in the republican states trump needs to keep his party in control of congress in this year's midterm elections instead of celebrating their usual unity diplomats from seven of the world's largest economies are scrambling for common ground there was consensus under trump's predecessor barack obama on iran and climate change now there's a budding trade war that threatens to turn allies into adversary but some analysts expect a last minute agreement to avert an escalating trade conflict it's mostly done for posturing and because trump sees this as part of his base is particular the swing voters in midwestern states that got him elected and he wants to show or pretend that he's doing something but again i don't think these tariffs will stick with it a family photo of world leaders that traditionally ends the meeting depicts an awkward alliance with the usual show of unity is largely up to the man from washington john hendren al jazeera quebec city still ahead on al-jazeera in greece protesters r

sanctions on a litany of iconic american products from levi's jeans to kentucky bourbon to harley davidson motorcycles. all made in the republican states trump needs to keep his party in control of congress in this year's midterm elections instead of celebrating their usual unity diplomats from seven of the world's largest economies are scrambling for common ground there was consensus under trump's predecessor barack obama on iran and climate change now there's a budding trade war that threatens to turn allies into adversary but some analysts expect a last minute agreement to avert an escalating trade conflict it's mostly done for posturing.

kentucky exports of orange juice of crumby juice and some metal imports also so the hope is according to the e.u. chief at least that this will eventually force negotiations with the u.s. and china around the table for all important trade talks but right now this is about really hitting america trade wise where it hurts yet but president trump has threatened to talk european cause what else can he do to penalize the u.s. . well the e.u. is fully aware of this which is why is keeping some of its power to draw i it has evolved around three point six billion dollars more a barricade imports to potentially target if the. votes in favor of a legal challenge that's been put forward by the e.u. of the moment so if of course the challenge goes in the e.u. favor then of course there is a carte blanche then for the e.u. to introduce further tariffs on more american products this is a real economic tussle it's a very much a case of economic tit for tat this trade war really is snowballing right now while the e.u. is hoping for more than anything is for people to gather around the table for there to

kentucky distillers association urged trade negotiators to quote sit down over a glass of our signature spirit and resolve their differences. still to come on counting the cost ticket to ride a u.k. court grants a temporary license to operate in london or criticizes what it calls the company's gung ho behavior. first there's a europe wide shortfall of carbon dioxide why does that matter well c o two is the gas that's used to put the fears into beer and soft drinks it also helps extend the shelf life of meat and other packaged foods it was reported last week as the worst supply situation to hit the european carbon dioxide business in decades adding to u.k. is the hardest hit country a kuwait saudi arabia and the united arab emirates are teaming up to offer financial aid to neighboring behind concerns of the growing about the state of behinds economy it's located off the coast of saudi arabia but unlike its neighbor it has limited oil supplies and worries about the country's large public debt which now stands at eight hundred nine percent of gross domestic product have been gath

parliament what kind of political future kentucky look forward to if there is if the so if the presidency is from held by present heir to one and you have a opposition controlled parliament you will get a lot much more infighting political instability and greater economic volatility in turkey unfortunately because political culture does not encourage consensus building it's very a combative divide and rule style of politics we've seen the practiced by president aired the one really during his sixteen years in power and also we've also seen the opposition unfortunately also personalize politics personalise attacks and all saw a try to outbid president they're done with their economic populist agenda so unfortunately this means that at the end we'll see a lot of infighting yes it will lead to some checks and balances against overreach by present the one i think in the immediate and in the immediate term will see a greater political instability and possibly new elections not perhaps within a year all right that's one possible scenario and i'm quite interested in having a look a li

producers or indian or even japanese producers the kentucky distillers association urged trade negotiators to quote sit down over a glass of our signature spirit and resolve their differences rob reynolds zero washington italy's newly appointed to deputy prime minister wants to set up camps in north and africa to process people trying to migrate to europe but himself johnny has been in libya to present his plan to reduce the number of asylum seekers we really want to go ahead has more from the libyan capital tripoli. mathias salvini are arrived in libya determined to stop what he calls illegal migration from the efik and continent to italy leaders of the european union are meeting this week to avert a political crisis is over the way immigrants are treated across the bloc salvini says it's early and libya need help. over the on thursday in brussels we at the european council the taliban government will uphold the need to protect the frontiers to the south of libya because neither libyan or you to me can be alone in shouldering the burden of illegal immigration. salvini called f

japanese producers the kentucky distillers association urged trade negotiators to quote sit down over a glass of our signature spirit and resolve their differences rob reynolds al-jazeera washington. friends denmark in the coming hours in the world cup the french of already qualified for the quarter finals and are aiming for a second world cup title have a pretty young tame including a number of players from the most deprived suburbs of paris where there are real hopes that a team can deliver a touch of outlier has more he's one of the stars of france's world cup team nineteen year old striker killing him back pays already schooled in the tournament in russia he's carrying the hopes of a nation but he's also inspiring young people back home. in but they grew up in the paris suburb of bondi and children of his first club are bursting with pride. i'm so happy that kian him back becomes from here when people ask me where i play i said. and immediately to know where i come from to train here so when we train here we want to be like him france players plays mattie a new goal a can't s

joins us now on skype from the state of kentucky good to have you with us maga the extent of trump's executive order to reunite families has improved the situation. it certainly has because. the government seems to have some interest in not separating people as your prior guest just said we don't know how that's going to play out in another three weeks when they run out of time for keeping families together in jail like settings which is where they're planning to put them so but for right now it is improving some there are thousands of kids who no one has kept track of where their parents are and nobody in the government has a plan to reunite them so we're certainly still in crisis mode but it's possible that for three weeks the administration has stopped digging the hole that it put itself in how difficult is it to connect the children to their families the ones that haven't already been reconnects in the past day or two you know it's very difficult so the kids don't know where their parents are the parents don't know where their kids are the names are not enough to identify people

here what last i heard something was once i was there with kentucky or should occur you know no one has learned it's just an area that there was a dip in the past there's not. the results of last years that a fundamental constitutional changes what an eye opener for everyone and his ruling bloc. big cities such as istanbul and on tally which gave him an easy victory in the november two thousand and fifteen general election voted against his constitutional amendments in two thousand and seventeen more consistent challenges are expected in the south eastern region of the arbuckle the heartland of the kurdish political movement where their support for the kiddish nationalists people's democratic party the h.d. . secular and traditional supporters of the republican people's party c.h.p. have the upper hand in the western regions and in the case of the conservative regions of the. president needs to maintain the loyalty of vast areas in central anatolia with majority conservative and religious populations. but techie's political culture is unpredictable. previous indicators may not be re

said the idea. of them but was. the kentucky the. mets so was shocked to read it i said that were you want to know now can go because i don't believe bill but that can you know i asked him about when you. they went out west. by this you know. so about this game and more to the internet of rafiki internet for actually it was shit like an obama party before i had my own . property and why me and where. you are if you missed the bet the harm of them had been in the cab the. name in the cave. and the insolence of. i.b.m. they traumatic not to do as they were meant to manticore. three film ops without. that came a controller. mccann and they were at the highly can shut. completely. nameless and. systemic like a d.l. may be abolished and hardison the still have. my name and job name sat there kill all our women. and no he fired less but even the matter was well i should have been one of the hash it had been making and saying i made a study to show see you. safe but i'll feel. really good. the whole of your suddenly. i feel that again i hate life and already hate it just on. this ticket and

kentucky bourbon to harley davidson motorcycles. all made in the republican staged needs to keep his party in control of congress in this year's midterm elections at a news conference on thursday french president emmanuel mccrone and signed a joint statement of multi-lateralism a show of unity before an expected confrontation with a unilateralist u.s. president sort of. in terms of trade i'd like to say to president trump that the measures taken are counterproductive even for his economy. for me it's a question of principle we can't wait to trade war between friends so we own. going in hamburg when we had the g. twenty we had to be nineteen plus one on the climate's us did not want to commit to the power sic remans when you're saying that mr trump doesn't really care perhaps that's the case but nobody lives forever our country's in the commitments we've taken what extend beyond our lives instead of celebrating their usual unity diplomats from seven of the world's largest economies are scrambling for common ground there was consensus under trump's predecessor barack obama on iran and

jeans kentucky bourbon florida oranges and those are picked to be in places that are republican states states that donald trump wants in the midterm elections later this year so his party can retain control of congress whether there's all get sorted out in the coming days of the g. seven meeting we will find out in a matter of days should be interesting meeting thank you very much john hendren and in washington. it's been another night of angry protests across jordan after the government and unions fail to end the standoff over a new tax law demonstrators are calling for the prime minister to resign after he refused to withdraw the law which would significantly hike taxes on employees and companies and hawks to has more. their the largest anti-government rallies in five years in what's regard as one of the most stable middle east countries the protest movement initially started by trade unions has swelled nationwide as jordanians show their frustration. but i won't believe how local while citizens now have no power the searching for the children's daily food women are looking in

monument actually said the idea. of them but with. the kentucky the. mets so was not sure how to read it. i said that were you want to know now can a bizarre i don't believe bill but that can last forever but when you play your cards. they went out west. by this you know. so about this game and more to the internet of traffic internet traffic it is shit i can obama party before i had my own. property and why me and where. you are if you missed the bet the harm of them had been in the cab the. name indicates. and the insolence of. i.b.m. they traumatic not to do as they were meant to me. as a one third film ops without. chemical. mccann and they were at the highly can shut. had me completely. and. stammered like the yell me baelish and hardison the still have. my name and name sat there kill all our women. and no. less but even the magic was there well i should have been a number of them and make one insane. may have studied to see you. safe but i'll feel. the. equal. and feel that again it had life and already hate it just because. this ticket and have the case to buy to listen to. that. i

liberty in kentucky good to have you with us maga what do you make of the president's apparent u. turn here which isn't really a u.-turn is it in the zero tolerance policy continues and if this isn't sorted out soon we could still be seeing parents separated from their kids in twenty days time . i think that's right there's also not anything close to enough of family detention beds to put these families if they're going to stay there indefinitely and so i think this is a situation of smoke and mirrors by the administration there saying ok we'll stop doing family separations but the policies that they've announced are very likely to continue with family separation and they're just trying to diffuse the growing protests rather than to actually solve the problem of the president's action directs the attorney general jeff jeff sessions to go to court to ask for a modification of the court settlement currently prohibits the detention of migrant children for more than twenty days what happens if the court rejects that request well that's exactly the point i don't see any reason why the court

made by either european producers or indian or even japanese producers the kentucky distillers association urged trade negotiators to quote sit down over a glass of our signature spirit and resolve their differences rob riddles al jazeera washington. well still ahead here on the old as the reviews are all we count from mexico it's election day political veteran surges in the polls as he makes his drug for president. there's a growing tribalism in american politics is present trumps divisive rhetoric to blame. i didn't support a long awaited with some of the very touchy on the other details later in the program. are you just sold. me the weather sponsored by qatar airways hello there we've seen a huge amount of rain in the southern parts of china recently most of the cloud in the southern parts has given us some very heavy rain particularly out of the you now in provence and that's where these pictures of from certainly shows the terrible conditions that we've been seeing there and a lot of disruption that that wet weather has caused it's not the only place though where we've se

available in europe made by either european producers or indian or even japanese producers the kentucky distillers association urged trade negotiators to quote sit down over a glass of our signature spirit and resolve their differences rob reynolds al-jazeera washington. spain and portugal have both advance to the world cup knockout stages the video system yet again played a controversial role in their respective draws or europe why has topped the group a after beating host russia and the richardson as in moscow so explain portugal have qualified out of group b. but few would have predicted just how close iran and morocco would come to causing a major upset political needed to drop a game against iran so make sure of their place in the knockout rounds they did cite the lead through ricardo charisma but iran was equalized in injury time through a penalty and they missed a big chance to win the game and not portugal out of the spain in that game against morocco white suit just needed a point to make sure of their place morocco were already out of the competition but seemed determined to l

cranberries bourbon from kentucky and imports of some metal items from the united states as well the e.u. is made it clear that if this is going to escalate it any way into or further back and forth more tit for tat trade tariff exchanges between the e.u. and the united states that the e.u. is prepared to do what's necessary to defame this produces and its consumers but how much more leverage do they have and what else can the e.u. do to penalize the u.s. . already we've heard donald trump suggesting that the european car market may be singled out next for possible terrorists going into the u.s. in the near future the e.u. as well prepared so please hold something back there keeping some of their power to draw in of the amounts around three point six billion dollars worth of morro u.s. products are potentially targeted with tariffs in the future but the world trade organization is currently considering a complaint by the e.u. against the united states rules in the e.u. favor right now though the e.u. is saying on the surface at least that it wants to bring the united states the negotiating t

kentucky, these are tariffs that are particularly geared towards having political influence, beyond just being tit—for—tat retaliation for what the united states is doing. at least for the moment, talk about a trade war for donald trump's supporters, i would suspect, seems like the president living up to his campaign promises, getting tough with people who don't give the united states a fair deal. we'll see if that changes when it starts affecting factories producing goods or agricultural products here in the united states. whether it starts translating into higher car prices, either because the domestic producers having higher expensive steel products and other things going into production of cars, as well as foreign cars coming to the united states from, say, europe. so we're not anywhere near calculating what the political fallout of this will be for donald trump and for the american economy as a whole. that will have do come out in the coming weeks and months. boris becker has told the bbc that his passport for the central african republic is genuine, despite the country's f

whiskey also features. produced in kentucky — it's the state of the senate majority leader — republican — mitch mcconnell. but any retaliation could potentially turn the heat up on european car makers — with president trump saying autos could be the next battleground. with me is rajneesh narula — a professor of international business regulation at the henley business school in the uk. it is always fascinating seeing which products they are going to target to come back on. nonetheless, is there a major trade imbalance with the eu in any case? not really. there is a trade imbalance, but the current account is actually in surplus. since 2009, the eu has been in surplus against the us. so this isn't about actual economics, it's about picking particular statistics and focusing on the ones that fit trump's argument. so they have every right to be jumping trump's argument. so they have every right to bejumping up and down, as they are doing, despite the fact that there has been some negotiation but no apparent movement? indeed. this is him posturing, the trump administration posturing to

for florida, which is a crucial swing state. bourbon whiskey also features. produced in kentucky, it is the state of the senate majority leader, republican mitch mcconnell. but any retaliation could potentially turn the heat up on european car makers, with president trump saying autos could be the next battleground. shares of australia and new zealand banking group have fallen as much as 2.4% on news it will be prosecuted over an alleged criminal cartel arrangement. let's go to our asia business hub, where shara njit leyl is following the story. good to see you. by criminal, how criminal? well, criminal indeed, and it is potentially a huge punitive issue around this. essentially what issue around this. essentially what is happening this morning as investors essentially reacting with shock over the news that australia's third—largest bank is expected to face these criminal cartel charges. this is really after an investigation by the competition regulator into a nearly $2 billion share sale anz made to large institutional investors way back in 2015. it is a huge blow, of course, to a

states. things like agricultural projects from —— produce from iowa and minnesota, whiskey from kentucky, visa tariffs that are particularly geared towards having political influence beyond tit—for—tat retaliation for what the united states is doing. at least for the moment, talk about a trade war for donald trump supporters, i would suspect, seems like the president living up to his campaign promises, getting tough with people who don't give the united states a fair deal. we will see if that changes when it sta rts we will see if that changes when it starts affecting factories producing goods or agricultural products in the united states, if it means higher car prices because there are more expensive steel products and other things going on to the production of cars, as well as foreign cars coming to the united states from, say, europe. so we are not anywhere near calculating what the political fallout of this will be for donald trump and for the american economy as a whole. that will have do come out in the coming weeks and months. yes, all right, thank you very much for now. in te

said, we will go to motorcycles and kentucky bourbon. alix: coming up, more on the latest entry developments and their impact on the markets. robert sinche. this is bloomberg. ♪ >> this is "bloomberg daybreak." greystone has a great to acquire -- has agreed to acquire edr. greg stohr will pay $41 and $.61 a share -- 4010-60 incense a share. and the firm said in a joint statement today. the deal was unanimously approved by the board of directors at edr it is expected to close in the second have a 2018. jack ma raising blockchain technology well morning of bitcoin -- while warning of bitcoin. his committee has launched transfers between philippines and hong kong today. he said blockchain could change our world while bitcoin could be a bubble. bigger find needed for financial crimes. he says the government will issue a proposal for tebow -- a tougher penalties to parliament, following a big scandal which showed that funds were laundered. that is your bloomberg business flash. david: on friday, steve mnuchin is due to release new restrictions on chinese investments in the united s

kentucky and wisconsin, which happens to be mit m a p rys home state. it has been commensurate. china would lower their tariffs and their nontariff trade barriers to allow us to have freer access to their markets. that is what i would like to see, as opposed to what they are doing, which is a mercantile policy tilting the trade table away from the american workers. cus as to what you think about bob corker's congressional approval for tariffs. do you think some republicans are opposed to the plan because they think it might upset president trump? sen. cassidy: that might be some consideration, but the u.s. constitution clearly puts trade issues under congress. ceded some ofess thatnd our constitution it should be hasve not seen what corker put up, but if it does what the constitution says should be the norm, to return that trade power back to congress, i would be for that. vonnie: thank you for your time. louisiana senator bill cassidy. this is bloomberg. ♪ caroline: this is bloomberg markets. i'm caroline hyde from london. vonnie: from new york, i am nnie qui. state and local budge

, kentucky bourbon, harley davidson's, and levi jeans. the countermeasures would he -- hit key constituencies ahead of midterms. fended off aas rebellion from within her own party to win a crucial brexit vote. may shouldas over have the power to take the u.k. out of the eu without a deal. the rebels wanted parliament to have a meaningful vote on the way forward. brussels fears the uncertainty of the "brexit soap opera." opec ministers have been working behind closed doors. crude industries falling last week i more than double the average estimate and if opec prepares to meet in the austrian capital, ukrainian ministers have indicated they are moving closer to an agreement on the state of supply caps. encouraged we are moving not only stakeholders within the oil industry, companies, but also our constituents. everyday, all day, we also have tictoc on twitter. 2700 journalists working in 120 countries. rupee isndonesia, the online after just over a week. it is had a torrid time this year and now. >> it is. the rupee coming online lower, falling as much as 1% this morning and amon

goes after kentucky derby -- urban, and they go after jack whiskey. >> it is one of their high-growth markets. the u.s. is the biggest. we can show you on a bar chart it only has 7% of their total growth. mexico is there fourth-largest market with 5% of sales. it has more thanouble that grth of 15%. it is an area where they are seng gains and you mentioned the european union on bourbon. on that same bar chart, germany and france are seeing the team. that is an issue when in this quarter, one of their big sales drivers was a premium kentucky berlin. beingall these brands affected by trade. all this uncertainty that hangs in the air with these retaliatory tariffs is not -- makes you thirsty, doesn't it. david: great to have you with us. shery: coming up, texas representative jeb hensarling weighs in on why he hopes cool or has will prevail in washington. this is bloomberg. ♪ ♪ ♪ back. welcome tit for tat tariffs. mexico slammed the u.s. with $3 billion worth of fees on goods including port and cheese yesterday. -- pork and cheese yesterday. chief washington correspondent kevin cir

-davidson motorcycles, kentucky bourbon, and they are trying to say ok, these other things that are going to hurt the u.s. the most. but at the same time, the eu was saying we deserve the right to do more. they are waiting to see what the next move trump is going to make on trade and they are ready to respond to that, as well. guy: which do you think is going to be the more dominant thing to come out of the leader summit of we are about to get? is a going to be trade or migration? you think they will get close to a deal on either? jones: i think migration is going to dominate the summit next week. on have a special minisummit sunday in brussels to prepare for that. they are trying to get all the countries together. typical with the eu, they are having trouble in doing that. but they need to come up with something because the refugee crisis is wearing its head again and the have to tamp it down. there has to be something on that. in terms of trade, it depends on what happens in washington. the leaders are gearing up, anticipating something more. trump has said he's looking at cars an

aluminum plant opening in kentucky. these are places with high unemployment. the president believes that and thinks this is an economic winner. it is going to take a lot of significant pressure to change his mind on this. i production is the tariffs will stay in place for a long time. go back to the chicken wars of the early 1960's where tariffs were in place. this will not be a quick resolution. francine: will the trump administration to the same for car sales? ted: we will see. they have launched a national security investigation into autos. will say there is a security risk. -- some will say there is a security risk. that is another one of the things, as i potential sanctions. that place finally comes to head. there are a lot of things juggling. tom porcelli jump in here. we are now fully on a slippery slope. some say this was just pandering and that trump was trying to make good on a campaign promise. do you think we are down the slippery slope and there is no return? ted: i am not saying there is no return, but we are on the slip rate slope. it was like the -- slippery slope. we hav

, we talk with the governor of kentucky. shery: let's start with breaking news, we have learned that traders of deutsche bank unit suffered a one-day loss that was massive, 12 times what internal risk officers estimated for regulatory purposes. the bank may lose on a typical day. andreak it all down there how unusual -- we break it all down. how was usual was this loss? >> to times or three times that two or three times would be value risk a measure. it was outside, so much so that regulators asked questions, including the federal reserve. it was offset in different parts of the bank. david: this would be alarming with any bank by deutsche bank has a history, already on a watch list from the fed. the fdic has put them on a list and this has to raise questions with regulators. >> what they are controlling eternally -- internally but harder for u.s. regulators because they only have one part of the picture. if you are a u.s. regulator, you can only see what is in the u.s. operations. david: we are about to get results of the stress test, quantitative results, this afternoon and the u.s

florida orange juice. harley davidson, bourbon from 10 -- kentucky, so they are using politics, but the best it politics we no matter to pressure trump to back away from these tariffs. bourbon comes from kentucky, so it doesn't matter how much you charge. that is the one you have to buy. i wonder if there is a strategy. we heard peter all my, the minister in merkel's got permanent -- government saying he will work in concert with canadians and even the chinese and notnswer to this only asymmetric retaliation, but is there a way for the canadians, the chinese, and the mexicans to agree to trade more monks themselves to not only punish - among themselves to punish the u.s. and make it feel it is missing party? stephanie: this is a huge geopolitical blunder on trump's friend. instead of finding an alliance against china -- europe agrees that china states has issues when it comes to technology transfer, intellectual property, government subsidies the state owned enterprises. instead of working together to pressure china to change these practices, trump has alienated his allies and now t