will probably see in the coming days those groups weighed in in canada who have not really seen this deal as the thing they wanted and we'll hear their detailed objections as it moves forward to the parliament of canada to consider and eventually ratify now daniel we should point out of course the what this new deal does not include is the steel and alimony and terrorists that the u.s. had had slapped on canada but the white house is saying that that is that is something that's going to be dealt with separately it's on a it's on a separate track how important is it though for for prime minister trudeau to get that done and get those tariffs removed. well that's got to happen i mean i don't think this deal could have happened without some assurances from the american side that steel an element of terror of are going to be dealt with and removed from canada's point of view it was an irritant it was a major problem and in fact canada the closest ally of the united states in almost every sphere in the world is having its steel and our minium slapped with tariffs because of national

justin trudeau and foreign minister freeland held a news conference on the new u.s.-mexico-canada trade agreement, this is an hour. >> good morning, everybody. justin trudeau and minister freeland have opening state 789, about 20 minutes. and then 30 minutes for questions, please turn off your cell phones. >> a year and a half ago, with rising costs and nafta, i was asked how we'd respond. my answer is we'd respond as canadians always have in uncertain times. we'd be constructive and reasonable but also firm. we'd protect our interests and promote our values. we'd show determination and also flexibility and we would remain nited. and ultimately we'd emerge stronger. that's exactly what we did. last night can ka reached an agreement in principle with the united states and mexico on a modernized and updated north american free trade agreement. tst called the usmca, united states-canada-mexico agreement. this is an agreement on an active, it will be good for canadian workers. good for canadian business and good for canadian families. it is an agreement that removes uncertainty for ma

future project collaborations. good morning and welcome. i'm the director of the canada institute, i'm delighted to see you all here. those whom i cannot see can see us. because we are web casting this aerngs we've also got the participation of the media partner, politico, they're beaming us out to parts unknown. i don't know if politico's reach is quite stratus feerick yet. if you are here today, it's because of the vision and hard work of lynn platte who has talked to everyone involved in u.s./canada space works. thank you to our tremendous team at the canada institute. and we would not be here at the wilson center, if not for the vision and the boundless energy of our president and ceo jane harmon, i'm going to turn the podium and the program over to jane so she can have a conversation with jim, and i look forward to hearing what they're saying. thank you. >> i was just chatting with jim about life after congress. to my colleagues that are still there, it would be my wish that the place would become more productive on a bipartisan basis. space is one of the areas where there has bee

hosts a discussion on cooperation between u.s. and canada. >>> good morning. i hope everyone has enjoyed the dialogue so far. this is a very timely event. it is going on in washington and ottawa. this is a good opportunity to talk about both space and the collaborative engagements that both canada and the u.s. have with each other. while we wait for dr. byers, i'll make a few notes about this panel. hr panelists has a presentation -- each of our panelists has a presentation, after which, i have a few questions for them. then i will handed over to you. i we have an interested -- this -- interesting discussion. while we will focus necessarily on exploration per se, we will look at the public utility, the weather predictions, and different sensing a disaster -- disaster management on the elements that cooperation is required in a way when you have a large continent like north america to support each other in disasters and in the day today use of our resources. it is funny how the weather forecast need not change on the border. it is interesting how measuring the health of the forced

canada trade agreement. he was joined by the foreign minister and i discussed how to and with impact the auto canadian industries. from ottawa, this is hour. >> i said we would respond as canadians have always. we would be constructive and reasonable. we would also be firm. we would protect our interests and promote our values. we would show determination and also flexibility. we would remain united. ultimately, we would emerge stronger. that is exactly what we did. last night, canada reached an agreement in principle with the united states and mexico on a modernized and updated north american free trade agreement. this is an agreement on an active, it will be good for canadian workers. good for canadian business and good for canadian families. it is an agreement that removes uncertainty for manufacturers and investors and improves rights for all north americans. it is an agreement that will be profoundly beneficial for our economy and canadian families. when we begin the work of updating after, we cut our -- kept out of his on what really matters. the new agreement would need

manitoba. if someone is in trouble off the west or east coast in canada or the united states, you may get either a canadian support to help you, or you may get american support. and that is founded on space base capabilities to rescue you. so that's why this first panel is here today, to talk about the public utility of civil space programs. particularly in the canada-u.s. collaboration context. and we have a fantastic lineup to kick off the discussion today. first, many of you will know dr. steve volz. he's the assistant administrator for the services at the national oceanic and atmospheric administration, noa. among many duties he leads efforts to coordinate global space observations along with space agency partners to discover a global system of systems. next is michael pley, who many know as the former ceo of what is now called canada haneda. he is on the board of directors of the aerospace system of canada. don brown joins us as the government of services and interestingly has the honor of operating the first geometric communication satellite. don is responsible for governmen

canada and mexico, it lost vast amounts of money. it lost 4.1 million manufacturing jobs and one in four auto jobs. it was about 25% of our auto jobs, even more than that. throughout the campaign i promised to renegotiate nafta, and today we have kept that promise. >> canadian prime minister justin trudeau was joined by his foreign minister for a news conference in ottawa on the new u.s.-canada-mexico trade agreement. the prime minister said the renegotiated agreement is a good deal for canadians. following opening remarks, the two leaders answered questions from reporters on how that deal would impact canadian industries. >> good afternoon, everybody. i'm wanda mccharles, and i'll be introducing canadian prime minister justin trudeau. >> then there will be 30 minutes for questions. please turn off your cell phone. >> hello and welcome. thank you all for being here. a year and a half ago, with rising questions about the future of nafta, i was asked how we would respond. my answer was that we would respond as canadians always have in uncertain times. we would be constructive and reas

cooperation. >> ladies and gentlemen, good morning and welcome. i'm the director of the canada institute. i'm delighted to see you all here. those whom i cannot see can see us because we are web casting this and we have also got the participation of our media partner politico. so they are beaming us out to parts unknown. i don't know if politico's reach is stratospheric yet, but i suspect they will be launching politico mars. if you're here today it's because of the vision and hard work of our north american kmettive fellow, who has talked to everyone involve d in u.s. ad canada space work. so thank you to our tremendous team at the ka canada institute. and we would not be here at the wilson center if not for the vision and the boundless energy of our president and ceo jayne harmon. so i'm going to turn the podium and program over to jane so she can have a bridenstine and i lo forward to hearing what they're saying. thank you. >> thank you, laura. i was just chatting with jim about life after congress. real good. but to those of our former colleagues who still labor there, it would be my

for canada says prime minister justin trudeau off to the country agree to join a trade deal with the u.s. and mexico the us mexico canada agreement to set your place what used to be known as a now. and crisis averted for now coffee years of turmoil german steel giantess and coke splits into names a new c.e.o. will be talking to him on the program. this is your biz. this update i'm headed home free in berlin thanks for joining me the united states and canada have agreed to a deal to replace the north american free trade agreement that's according to a us administration official who said it will go by a new name that being the united states mexico canada agreement canada had risked being frozen out of the deal reached between the u.s. and mexico to update now to but eleventh hour talks between also and washington guaranteed that all three of us will be in the new version of the trade pact is erroneous or is it a good deal very is it a good deal for going to good day for canada ok i'm certainly not justin trudeau was in good spirits after a cabinet meeting in ottawa once the final stumb

joins us now to talk about the new u.s. canada mexico agreement that president trump hopes will replace that stuff. esther tucker, you work as a fellow, political scientist at the roosevelt institute people is the roosevelt institute? guest: it is a think tank attached to the franklin delano rosen of presidential library. like a lot of think tanks out there, presidential libraries out there, there is a think tank attached to it that does work to promote the legacy of president roosevelt. there is a george bush think tank, a ronald reagan think tank , and we are the fdr think tank. host: is it funded through the same streams as a library? guest: it's a project of the national archives, semi-governmental, but also funded by foundations. host: did you take a position on whether nafta, renegotiated in the first place here? guest: we were not around when nafta was originally signed and we have not taken a formal position on the trade agreement. host: what are your thoughts on the usmca, what do you like about it, don't like? chuck grassley, one of the president's major allies in cong

site. canada's cannabis countdown ends — marajuana is now legal and growers are looking to get high on the potential profits. and on the markets: well, a very different picture in japan. the markets are higher, thanks to the stronger earnings coming out the night before in the us. so, let's get stuck in. the streaming giant netflix has surprised investors with stellar subscription numbers in the third quarter. the share prices soared nearly 14% in after hours trading. over the past three months the entertainment firm added nearly 7 million users around the world — around 1 million of those were in the us. that brings the total subscribers to 137 million. and that's largely down to the popularity of original shows like orange is the new black, which means that the company's $8 billion gamble to invest in its own programmes this year is paying off. netflix's stock has dipped somewhat over the last three months, but if we look further back it's one of the strongest performing us technology stocks — its share price has more than trippled in value over the past two years. and that's

story stay with us around zero. salvaged at the last minute a new trade deal for canada up with the united states and mexico and replaces the contentious north american free trade agreement but is it a win win situation and have serious compromises been made this is inside story. hello welcome to the program i'm adrian finnegan it was billed as the world's largest free trade area affecting five hundred million people when the north american free trade agreement on nafta was signed in one thousand nine hundred four barriers were removed and trade boomed but critics argued that it decimated several manufacturing hubs in the u.s. with companies taking advantage of low wages in mexico to shift operations south u.s. president donald trump promised to rewrite nafta or get rid of it completely high pressure negotiations followed an unpopular outgoing government in mexico struck a deal in august long time ally canada was left out and relations deteriorated between trump and canada's prime minister justin trudeau but the countries need each other economically and both appear to have found th

at its new start. up. but first a breakthrough in trade canada mexico and the u.s. announced they have agreed on though a trade deal to replace nafta gardell first we'll have the details coming right up . close. and. the first cloning lesson from the doris grand moment arrives. joining your regular jane on her journey back to freedom. in our interactive documentary during the regular season returns home monday w don't come tanks. we make up oh but we want tons of obstacles that under the two pipes we are this and the services. they want to shape the continent's future should be part of it and join our youngsters as they share their stories their dreams and their challenges the seventy seven percent platform for africa chart. it's a good day for canada says prime minister just soon trudel as the country agrees to join the trade deal with the u.s. and mexico the us mexico canada trade agreement is set to replace what used to be known as nafta. and crisis averted for now after years of turmel german still giant to simply call splits into and names a new c.e.o. . this is it of your bu

ambassador to canada, bruce hyman, and trade representative matt gold, now law professor at fordham are you happy to see they reached a last minute deal last night? >> well, this is obviously welcome news, welcome news for north america and for the markets this morning the president will declare victory on a disaster that almost happened. some of the reads i got overnight, two-thirds of the agreement is going back to tpp all they did was take so much of the language in tpp and implement it here, and so as it pertains to canada, this is good news economically. but there's work to do to repair the relationship >> matt, what about that warning from the imf that all of this will hurt the global economy now that we are seeing threats materialize into tariffs, even though we have a new deal between the u.s., mexico, and canada, there's still uncertainty over u.s. japan talks that are starting, u.s. europe talks, and of course china which it is unclear whether we are talking to them at this point. >> the imf is right and so is the ambassador you need to take into consideration the enormous dam

coming up it's a good day for canada says prime minister justin trudeau after the country agreed to join a trade deal with the u.s. and mexico the us mexico canada agreement is set to replace what used to be known as nafta. had been going to see the soccer hausberg celebrates the return of its icelandic hero we will tell you how alfred finn of bobo. song gives on the variance of some talents. playing. i'm sorry kelly welcome to the program indonesia's government is struggling to cope with the aftermath of the earthquake and tsunami that hit the region of soup of a.z. last week authorities. rushing to get aid and rescue equipment to this area the president now calling for other countries to pitch in and help more than eight hundred thirty people have been confirmed dead so far tens of thousands of people are homeless. the moment disaster struck first an earthquake then this tsunami a wave six meters high in some places indonesia is no stranger to natural calamities and the government has been keen to show it was ready for this one but the region at the center of the disaster around t

minister on rebuilding the u.s. canada relationship. let's get you started with a check of the averages. we are seeing u.s. stocks trading at session lows. several firms missing earnings estimates. that's pulling down the dow which is now losing for a second consecutive session. is also down. we are seeing tech and telecom stocks leading the declines while the nasdaq is down 2.3%. treasury yields are being pressured today and we are now seeing the dollar gaining ground the most since august. a lot of this pressure was exacerbated by the tweet from 7 -- secretary mnuchin saying he had met with president trump that he decided not to attend the future investment initiative summit in saudi arabia. following that tweet, we saw more pressure for the market and all of this now playing into what is happening with investors and the selloff today. we are seeing that selling pressure here in canada as well. is the day after the legalization of cannabis in this country. we're looking at the pot stocks. we have seen a couple of players in particular with ties to wall street moving higher today. anno

for this deal call it of course one of the things that helped to sour relations between canada and the united states was earlier this year president trump slapped a bunch of tariffs on canadian steel and aluminum imports does this trade deal this this new north america free trade agreement under under a different name does that deal with that issue or those tariffs stay in place. you know the way i read the agreement remember it's a thousand pages and i'm still digesting it and there are some side letters my understanding is those terrorists remain on place both canada and mexico although there is pressure in the united states from steel users because canada's the biggest supplier of foreign buyers steel and particularly of aluminum which is used particularly in the in the defense industry so our prime minister has said american airplanes and tanks use are minimal and so what they're the americans are still buying if they're of course pay now the tariffs are at the at the border similar situation with our softwood lumber we're selling as much softwood lumber as before but the ameri

canada writes the wrongs of the old nafta agreement and will serve as a model for more trade deals to come. what on earth does a dirty water cycle have to do with a business incubator in the capital of rwanda join us for a visit to cuba and find out. and crisis averted for now after years of turmoil german steel giants to some corp splits to names a new c.e.o. . it's time for business on the w. . welcome to the program the united states and canada have agreed to a deal to replace them after free trade agreement that is according to a u.s. official also said it will be renamed the united states mexico canada agreement until now canada had raced out of the deal reached in august between the u.s. and mexico to update nafta but last minute talks between ottawa and washington guaranteed that all three members will be in the new version of the trade pact so we've negotiated this new agreement based on the principle of fairness and reciprocity. the most important word intrinsic been treated unfairly by so many nations all over the world and we're changing that. u.s. president donald trump so

has hailed the new united states mexico canada agreement as the most important trade deal in america's history it will cover one point two trillion dollars worth of trade all three times the calling it a win result. now the white house has ordered the f.b.i. to expand its investigation into sexual assault allegations against the u.s. supreme court nominee brett kavanaugh president trump had been accused of trying to restrict think well on friday the senate judiciary committee now only voted to advance common his confirmation to the next stage trump says the f.b.i. should talk to whoever they need to providing it finishes by this friday i think the f.b.i. should it give you anybody that they want within reason but you have to say within reason they should interview but they should also be guided and i'm being guided by what the senators are looking for jabatan she has more now from washington d.c. the question being asked by many now is whether the f.b.i. will expire and its investigation from simply the allegations of assault and sexual impropriety leveled against kavanaugh t

but the us, canada and mexico agree a new trilateral trade deal. live from london, that's our top story on monday 1st october. it'll replace nafta, dubbed the "worst trade deal in us history" by president trump. details are sketchy, butjustin trudeau says it's a good day for canada. also in the programme — musk undaunted. the tesla boss says the electric car—maker is "very close" to profitability. it comes as the billionaire is fined and stripped of his role as chairman over his go—private tweet. the markets are open and looking pretty mixed in europe. and the market for so—called "wellness holidays" is in good health, growing by around 9% a year. we'll get the inside track on the latest innovations for those looking for a body overhaul in an exotic location. we will hear from a company who's been doing it for over 30 years. today we want to know, to tip or not to tip? the uk government has announced plans to ensure waiters and waitresses get all the tips given to them. we want to know what the tipping culture is where you are? do you always tip? and if not, why not? tell

hundred are dead and thousands more injured. also coming up it's a good day for canada says prime minister just to ensure job after the country agrees to join a trade deal with the u.s. and mexico the us mexico canada agreement is set to replace what used to be known as nafta. and macedonia as prime minister declares a referendum on changing the country's name a success despite failing to achieve the required turnout plus songs about suffering and exile but also joy. of the. syrian singer lay not sure mommy on plays her first ever concert here in berlin and explains why the city reminds her of the home that she was forced to leave behind. i'm sorry kelly walked into the program indonesia's government is struggling to cope with the scale of the disaster from the earthquake and tsunami that hit the region of soulive. last week the president has now called for international help to bring aid to the region and to try and find survivors more than eight hundred thirty people have been confirmed dead so far and the fear is that that number could rise significantly as the rescuers reach r

about details on the new agreement, specifically on how did you would affect canada's dairy industry and future relations with the u.s. >> the honorable leader of the opposition. [applause] >> mr. speaker, waiting for the details of the new trade agreement with the united states so we can assess all the details, but we know the prime minister made concessions in the access to the various sectors, and the class 7 ranking. can the prime minister tell us what the concessions were compared to any concessions the americans had to make in their dairy markets? mr. speaker, the agreement is a good agreement for canada, it is a good agreement for markets throughout the continent, and wey important to say that have innovative people in this country, canadians were part and the innovate. we work closely with the dairy industry and will continue to do that so they get appropriate compensation with a loss of market share. the leader of the opposition. able to get concessions from united states on the same issue. when the prime minister said he would renegotiate nafta, there were no sunset clauses

even further to the north up here in canada look at the temperatures really dropping as a system pushes through we are going to be seeing snow and those high temperatures are barely going to be getting out of the single digits there well across a sports a central america and also the caribbean we are looking at fairly dry up here to the northeast but most of the rain is going to be down here across much of central america panama city managua as well as into costa rica very heavy rain shower expected over the next few days and then on wednesday we do expect to see more heavy rain pushing up towards jamaica but for center domingo most of the. if you with a temperature of thirty and then well we're going to be seeing a big difference in temperature from rio all the way down towards one is out as as a frontal boundary stays in place with the sun sea on rainy clouds in your forecast with a temperature of twenty six. the consequence of. not ventures into russia will you serve in the morning or one thousand eight hundred ninety five that just doesn't go away. for a living out of trouble

in in canada. they have a monster lng project in canada. without securing long-term contracts. the implications for the market. ♪ alix: i am alix steel. welcome to "commodities edge." 30 minutes focused on the companies, physical assets and trading behind the hottest commodities with the smartest voices in the business. we start with spot on. our take on the big story and our spotlight is the trade deal between the u.s., canada and mexico, and what it means for commodities. we get to cover it from all angles. we have a correspondent in winnipeg, chicago and onset. we start off with you, john. you covered dairy. canada has this class seven milk pricing system, what does it mean? >> what that means is the milk price made ultra filtered milk in canada cheaper for domestic processors, that pricing mechanisms going to go away. canadian farmers are concerned. they had kind of used this as an outlet to be able to sell the left over stuff from milk. once you take out the butterfat. it was an outlet for them to definitely not have to dump their skim milk down the drain and there are a lot

this is the business briefing. i'm sally bundock. we have a deal! at the 11th hour, canada and the us have agreed on changes to the north american free trade agreement — the canadian dollar jumps on the news. and a new captain to steer the huge us bank goldman sachs. david solomon takes over as ceo today. and on financial markets the canadian dollar and mexican peso are rising on the news of a renewed nafta deal, but asian shares got off to a slow start amid signs of weakness in china and japan. it went to the wire, but now we have a new version of north american free trade agreement. the deadline for negotiations between the us and canada expired half an hour ago. mexico has already agreed to new terms. the news of the reformed trilateral deal sent the canadian dollar soaring to a five month high in asian trading. it will also be known as the us north america mexico trade deals. the mexican peso has also been climbing. details of the new deal are scarse, but these were the sticking points: canada is the us's second biggest trading partner, exchanging over $580 billion in two—w

following the signing of the new trade deal with mexico and canada and to announce that we have successfully completed negotiations on a brand new deal to terminate and replace nafta and the nafta trade agreements with an incredible new us mexico canada agreement called us m.c.a. it sort of just works m. keith and us m. c. thank you that'll be the name i guess that ninety nine percent of the time will be hearing us m.c.a. has a good ring to it i have long contended that nafta was perhaps the worst trade deal ever made. since nafta is adoption the united states racked up trade deficits totaling more than two trillion dollars and it's a much higher number than that with canada and mexico it lost vast amounts of money and lost four point one million manufacturing jobs and one in four auto jobs lost about twenty five percent of our auto jobs even more than that throughout the campaign i promised to renegotiate nafta and today we have kept that promise but for twenty five years as a civilian as a businessman i used to say how could anybody have signed a deal like nafta and i watched

you for doing this. >>> following the news conference with reporters on the u.s./mexico/canada agreement, justin trudeau fielded members from the house of commons. during this 20-minute portion, they pressed the prime minister on details of the new agreement, specifically on how the deal would impact canada's dairy industry and future relations with the u.s. >> mr. speaker, we're waiting for the details of the new free trade agreement with the united states so that wk assess all the details. we know that the prime minister made concessions in the access to the dairy sector as well as in terms of the class 7 ranking. can the prime minister tell us what the concessions were compared to any concessions the mesh hs to make in their dairy market. >> translator: the agreement that et we reached yesterday is a good agreement for canada. it's a good agreement for market throughout the continue nnt and it's very important. they will continue to do that to receive appropriate compensation for their loss of market share. >> when the prime minister offered to renegotiate, there were no sun

shell goes all in on canada. shell had four partners for a monster contract in canada. the implications for the market. >> i am alix steel. welcome to commodities edge. 30 minutes a company's physical assets and trading with the who had he is commodities and the smartest voices in the business. kick it off with spot on. our take on a big story. our spotlight is the trait deal between the u.s., canada and mexico and what it meets. we have you covered from all ang always. we have three joining us. you covered dairy. canada is going to limit it is class seven pricing system. what does that mean? >> what that means is the milk price that make canadian ultra filtered milk cheaper for u.s. processors, that is going to go away. canadian farmers are concerned. they used this as an outlet to sell the left-over stuff from milk once you take out the butter fat. it was an outlet for them not to have to dump their skim milk down the drain. a lot of questions marks north of the border at this point as to what that is going to mean for their business. >> what does that due in terms of u.s

these are the top stories. nejra: canada joins the u.s. and mexico in talks that went down. >> what can you tell us about the deal? [inaudible] talk to you guys tomorrow. the u.k. prime minister faces the battle of her political life to sell her brexit plan. role buts chairman stays on as ceo. the company is on the cusp of making money. ♪ manus: let's get straight to our top story. u.s. and canada agree on a trade deal. josh, good to see you this morning. what other surprises? is it around the auto numbers and exemptions? that's what stands out for me. josh: i think so. that's the one takeaway canada wanted to get with this that was holding up talks. why are we going to sign a deal if you knock us over the head with tariffs? canada exports 1.8 million cars. they won't face tariffs until they get above 2.6 million cars. that's if they do face tariffs. a bit of breathing room, otherwise it's what people thought it would be, canada giving up dairy access and exchange for u.s. concessions, particularly on preserving chapter 19 pursuit panels, an arcane thing, but canada thinks is impo

new trade deal with mexico and canada as the biggest ever for the u.s. . this is al jazeera live from doha also coming up the full scale of the disaster begins to emerge in indonesia as mass graves are prepared on sulawesi island for the tsunami and earthquake dead. iran launches missiles at sites inside syria it says it's striking back for the attack on a military parade. and preparing for a difficult divorce the minister in charge of bragg's it says the entire u.k. government machine is getting ready for no deal. or the united states and canada have clinched a last minute trade deal to replace nafta along with mexico it keeps them in a three way economic pact first reached twenty four years ago the new united states mexico canada agreement as it's being called was sealed at late night talks in ottawa before a u.s. imposed deadline it gives the u.s. better access to canada's dairy market and allows extra imports of canada canadian cars u.s. president trump came to office promising to scrap the original deal. canadian prime minister justin trudeau has been speaking right now let'

trump has praised his country's new trade pact with mexico and canada saying it rights the wrongs of the old nafta agreement and will serve as a model for more trade deals to come. here and germany drivers are coming to terms with their love affair for diesel engines that could be going up in smoke. and crisis averted for now after years of turmoil of german still giantess and call splits into and names a new c.e.o. . this is it of your business i'm good how the office the united states of canada have agreed to a deal to replace the nuff the trade agreement that is according to u.s. officials that it will go by a new name the united states mexico canada agreement until now canada had been wrist being frozen out of a deal reached in august between the u.s. and mexico to update nafta but eleven talks between also on washington guaranteed that all three members will be the new version of the trade. is a predator is it a good deal very is it did you ever get a good day for canada ok i'm certainly not justin trudeau was in good spirits after a cabinet meeting in ottawa once the final stum

the highly respected presidents and in the case of canada the prime minister are satisfied with the deal. it's good for canada -- it's good for all three this is good for all three that's good -- and just that fact makes it good for us, but this is good for all three but this is a much different deal than nafta, and this is much more of a reciprocal deal for the united states which is really good. go ahead, peter. >> -- can we move on to kavanaugh briefly? >> we'll do the kavanaugh questions. you talk about being treated harshly, we'll do that in a couple -- let's finish up trade. you have a lot of people who want to run over to "the wall street journal" and start writing. please [ inaudible ]. >> i can't hear you. >> a mexican journalist? >> sure. >> so you're going to keep the tariffs on steel and aluminum on mexico and canada? >> until such time as we can do something that would be different like quotas perhaps so that our industry is protected we are not going to allow our steel industry to disappear. it was almost gone i'll tell you what, if our country kept going the way it wa

and it is higher than that with canada and mexico losing vast amounts of money, and lost 1.4 million manufacturing jobs and 25% of our auto jobs. throughout the campaign, i promise to renegotiate nafta, and today, we have kept that promise. but for 25 years as a businessman, how could anybody have side a deal like nafta? and i watched new england and so many other places where i was, the factories and jobs were leaving in people were being fired. and we cannot have that. so we have negotiated this new agreement based on theso we havw agreement based on the principle of fairness and reciprocity. to me it is the most important word in trade because we had been treated so unfairly by so many nations. but we are changing that. we just signed a much better deal with south korea. we had a horrible, horrible deal and we just signed that at the united nations and they are happy to we are happy in it is good for jobs and good for a lot of things. given byobs will be signing this transaction. and they were right. i have said it before. 250,000 jobs to south korea, not to the u.s., so t

moving indeed. trump administration and canada strike a last minute deal on trade and investors are applaud that move. big time u.s. investor looking at potential records for major averages today dow is up 210 points. and taking a look at stockses starting the fourth quarter doing well today after we saw a big gain in the third quarter, the the dow jumped 9% in the third quarter. the s&p gained a little more than 7%. >> in europe stocks did open higher as well and you can see they're all up and in germany gaining three quarts of one percent. asia slow if a holiday in japan nikkei up a half a percent overnight. tesla sharing surge he will remain ceo, but mark disuk orburg and facebook they're in the hot seat over another massive data breach. fbn:am starts right now. >> and it is 5:01 a.m. here in new york and it is monday and good morning everybody. i'm cheryl casone. >> monday october first. i was just -- october first. i pause as i thought it is october. but i forgot which -- this is what happens when you go on vacation for a week but you forget. >> you with look well rested. welco

has praised the free trade deal he struck with canada calling it the biggest in u.s. history it was sealed off to more than a year of intense negotiations it keeps the two nations along with mexico in a three way pact first reached twenty four years ago was in jordan reports from washington d.c. thank you two thousand and sixteen campaign promise delivered ahead of the mid-term congressional elections in the united states donald trump says he's negotiated a new trade accord with mexico and now with canada it will be the most advanced trade deal in the world with ambitious provisions on the digital economy patents very important financial services and other areas where the united states has a strong competitive advantage mexico and canada have agreed to strong new labor protections environmental protections and new protections for intellectual property so important if approved the new u.s. mexico canada agreement would preserve a one point three trillion dollar trading zone u.s. dairy farmers will be able to sell more of their products in canada canada gets to keep a dispute mechanis

david faber is here. >> u.s. and canada reached that agreement on trade and flannery is out on ge 10-yr is below 308 we'll begin with the ge shake up again electr general electric is removing flannery >> stocks sending higher, canada and the u.s. reached a deal. tha they'll join mexico to revamp. elon musk agreeing to pay a $20 million fine and give up his chairman seat for at least three years. let's get straight to john flannery, out of ge and now is larry cope thomas horton is the lead director the company announced will take a $20 billion non-cash charge for the power business david, you have been all over this all morning long and talks among other things of the huge cultural shift to bring someone from outside >> as chairman and ceo interestingly as well, mr. culp taking that job, he has been on the board not too long and eventually selling down these stakes and baker used the ge company it will be interesting to see. he does not have an office yet he's getting there and sitting down and trying to figure things out. the board is frustrated by the decision making by mr. flannery

campaign promise. say good-bye to nafta and say hello to the united states, canada, mexico agreement, otherwise known as the usmca, rolls right off the tongue. what's changed and who benefits? we'll bring you his comments live. and they'll be beginning any moment. >> but it's not all good news at the white house this morning. the white house is facing a new investigation into supreme court pick brett kavanaugh and facing new charges that they're working behind the scenes to limit the scope of that investigation. and kavanaugh is facing a new accusation he wasn't telling the truth when he testified to the senate. let's get over to the white house. cnn white house correspondent kaitlan collins is there in the rose garden, keeping an eye over your shoulder. what are you hearing, first, what are we expecting to hear from the president any minute now? >> well, kate, we're expecting president trump to come out here and tout this as a big win for him. of course, you know since he became president, he has repeatedly criticized nafta saying it was unfair to the united states. and thanks to so

are going to the tariffs on steel and aluminum on mexico and canada? president trump: until such a time we can do something like quotas perhaps to protect our industry. we are not going to allow our steel industry to disappear. it was almost gone. if our country kept going the way it was going, in two years, you would not have a steel industry. you have to have a steel industry and aluminum. we are working on that now. that was not part of this. .e will do something bob, you may want to say a few words about that. we were literally talking about that one hour ago. bob: thank you, mr. president. they are two separate things as far as we're concerned. nowre engaging in talks with an effort to preserve the effect of our program and still take care of their needs. hopefully, we will be able to work that out. we are in communication with them. president trump: really take care of the needs of our still companies. i don't want -- steel companies. i don't want to close plants. reporter: he is going to keep his word on the trade? president trump: we have a really good understanding. really

canada where there isa mainly come from canada where there is a relatively mature market. there is a relatively mature market. there isa is a relatively mature market. there is a big process of educating doctors and a big programme of the public understanding. there is a lot of understanding building up. there isa of understanding building up. there is a long way to go before everything is in place for that to happen. you mentioned canada, there isa happen. you mentioned canada, there is a body of evidence from people and patients who have been using these kinds of medicines for quite some time which will presumably reassure some people who may be concerned about trying these new drugs. in canada and 31 us states cannabis has been legalised in some form. us states do it in different ways to canada. there is emerging evidence from germany, australia, from the netherlands of different ways of doing it. the next step is how do we make these medicines available? it is not as straightforward as prescribing regular authorised medicines, there isa regular authorised medicines, there is a wh

happening? a trade deal request canada, that's what. they give a little on dairy products we agree on how to resolve trade disputes and both countries agree on cars and autoindustry wages. it is a win for president trump. and at 11 eastern he'll make a statement from rose garden and he'll follow that up with a news conference you will see it all. that's a promise. now look at this. tesla stock soaring, elon musk got a slap on the wrist in a new deal with the fec he stays on as ceo. but mechanisms will be put in place to control mufngs tweet. tesla is back above 300 dollars a share. now look at this. ge stock, soaring, long time since we saw that. the the ceo john flat rei is out, two-year-old turn arngd plan was not going well. mainly because of problems in ge power unit that is going to cost him 23 billion. ge is back above 13 dollars a share. what a day -- glad you're with us, "varney & company" is about to begin. as we said a big rally is coming right at the opening bell here some of the names jpmorgan apple is unchanged i don't know whether that was happening with it they're all m

quarter. let's check global markets at this morning and responsible the deal to canada. the european markets are higher across the board. the dax index up three quarters of 1%. japan very strong ek average. hitting a 27 year high. with a gain of one half of 1%. they were closed for holiday as well as in china. the investigate brett cavanaugh. they are looking at what's next in the as they begin the new session with four and four. settlement secured. on fraud charges over the infamous tweet last month. up to 15%. facebook meanwhile is under fire. hit by a major hack. we have all the details on that and whether or not you are impacted. although stories coming up monday morning. the president lee carter. great to see this morning. there were very few assembling blocks. stumbling blocks. very few hurdles to overcome. >> people would know that if they were watching mornings with maria. there are ordeals that are getting it done. because they cannot be left out of trade with united states. there are definitely some concessions made for the u.s. to get more access to the dairy industry whic

awaiting remarks from the president at the white house to replace a nafta deal. canada agreeing to join the u.s. and mexico hours before the midnight deadline. the newly titled united states/mexico/canada agreement. the white house defending the f.b.i. investigation of brett kavanaugh, number 7. i'm bill hemmer live inside "america's newsroom." nice to see us, smitty. >> sandra: good morning. i'm sandra smith. the president offering nothing but high praise and slamming democrats of the supreme court nominee before reminding supporters how much is on the line come mid-term elections. >> it's also a vote to reject the ruthless and outrageous tactics of the democrat party. i will tell you, he has suffered. the meanness and anger. you see this horrible, horrible, radical group of democrats. you see it happening right now. they are determined to take back power by using any means necessary. we aren't going to give it to them. we'll keep it running the way it's been running. >> bill: that from saturday night. this morning kaley mcenany reacting at peter doocy and garrett teny, we start w

agreement between the u.s., canada, and mexico. we saw the nasdaq move -- lose 0.1%. oil gaining ground on just concerns over a slowdown in u.s. drilling. as heidi mentioned, it was also about small-caps. the russell 2000 falling by the most since july, domestically focused stocks taking a it as we see -- a hit as we see better prospects on trade. hery, we could be in for a mixed session in asia as well. what's happening for japanese futures. they could be nudging lower well the nikkei 225 is trading at a 27-year high and the yen is at an 11-month low. plenty of strategist are bullish -- strategists are bullish on japan. abere waiting to see shinzo 's announcement when it comes to his reshuffle. more losses could be in the cards. we are waiting for industrial production data due out at 7:00 a.m. hong kong time. hyundai, kia, and other players reported slower september sales. in australia, we are seeing some indication of -- the policy decision is on the docket today. no change expected beyond 2019. 50 looking to clock a day of gains. india is closed to celebrate mahatma gandhi's

canada have agreed to scrap the 24-year-old north american free trade agreement and include mexico in a three-way deal. calls forchanges it u.s. farmers to have more access to canada's dairy market. experts willn auto be affected by u.s. tariffs and foreign cars. the president will make remarks in the trade deal less than an hour from now the white house. you can watch that beginning at 11:00 a.m. new york time here on bloomberg tv. in china, manufacturers are feeling the pain of that escalating trade war. one measure of new export order fell in september to the lowest level since 2016. the manufacturing purchasing managers index came in with an estimates. theresa maye mister is preparing to make a significant new brexit offer to the european union. the talks are stuck in how to avoid the need for custom checks on the border between the u.k. and ireland. u.k. would back down on its opposition to a check on goods moving between the british mainland and northern ireland. in return, the entire u.k. would stay in the customs regime. the nobel priest -- p prize in doctor atas gone to a

. broadcaster. care how it is here to tell us about a new deal between the united states and canada that's why this new trade you have replays nothing. new name of the united states mexico canada agreement until today canada frozen out of the deal reached in august between the u.s. and mexico to update them after part but eleven out talks between. that all three members will be in the new version. is a predator is it a good deal very is it did you ever get a good day for canada ok i'm certainly not justin trudeau was in good spirits after a cabinet meeting in ottawa once the final stumbling blocks had been removed there will be no tariffs on the two point six million cars that are made in canada and sold in the u.s. but there was still no sign of an agreement on tariffs on canadian steel and exports canada says the deal is good because the country can also go to an independent referee when it has a trade dispute with the u.s. and does not have to subject itself to u.s. courts that part of the old nafta treaty survived the name however will not the acronym nafta is dead as u.s. presi