Good morning and welcome to street signs. Im Joumanna Bercetche and im Julianna Tatelbaum these are your headlines french lucxury brands after the response to the Digital Services tax basic resources underperform after President Trump reforms tariffs on brazil and argentina. The 70th anniversary of nato as tensions continue saying Member States must stand together im looking forward to the leaders meeting on wednesday because when there are differences, its even more important we sit down and address these facetoface as well do on wednesday. And the overhaul gets a warm welcome as italys largest lender puts 8,000 jobs and 500 branches on the chopping block a warm welcome to street signs. You can see the european luxury stock is under pressure following the double tariff threat washington is putting levees on french goods including handbags, cheese and champaign the move comes in response to the new Digital Services tax the u. S. Also says it may raise tariffs on a variety of goods after rejecting claims that it no longer provides subsidies to airbus they found the jets continue to be held by previous european government loans charlotte is at the u. S. Ambassadors residence what a day for the two leaders to be meeting. Its a perfect storm. We were talking about the possibility of the u. S. Retaliating on the digital tax and the latest Development Point to potential extra tariffs pointing to the wto too. How are you expecting the two meetings to go later reporter they were meant to meet to talk about nato following those comments from macron calling nato brain dead in a sense, the two men agree that as it exists, nato cannot carry on they have different views on the solution but on the fact that nato as it is today needs to change now, as you say, trade wars are never far. You have these two announcements from the American Trade Department first following the wto ruling saying countries are to cut on some of these following some illegal subsidies to airbus. The u. S. Came out saying they are thinking of putting extra tariffs on some european goods you remember in october, the u. S. Already imposed some t tariffs on the products saying they could recall some of this money they failed to make because of these illegal subsidies to airbus. French wine was taxed at 25 tariff but some goods escaped. Leather goods or champaign yesterday, the u. S. Announced champagne is now on the list and lvmh was slightly hit this morning. That comes after the investigation that started in july when the French Parliament announced the tack on 25 million of those made in france following president macron trying to come to a european census france decided to go its own way and voted in july when the u. S. Started the investigation and had some hearings with spokes people from facebook, amazon and google to discuss whether this was an unfair limit to trade they came up with the conclusion to put out this list where champaign and Leather Goods are on the list. The countries accepted to put the oacd in charge of the Global Digital tax and President Trump was on board with this now there was a truce of 90 days they were meant to come up with their proposal in 2020 the first meeting will put up their conclusions when President Trump will decide if and when he imposes these tariffs that have been imposed by the trade department hell decide whether the progress is good enough or the proposal on the table is good enough you remember that President Trump is in electoral mode and this is part of his rhetoric we have to keep an eye definitely all of this is on the table as we are at the u. S. Ambassadors residence where they are meeting at 2 00 p. M. London time. Thank you for bringing us up to speed as we move into that meeting. Moving on, the u. S. Manufacturing sector has contracted coming in lower than expected at 48. 1 the recession fears have fuelled the contraction in the u. S. Factory activity President Trump has admitted legislation backing hong kong protesters makes negotiation with china more difficult. They have blocked aircraft and shifts from visiting in response to the move. They will soon relist the list in closing sanctions on those that harm chinese interest prum u says beijing still wants to make a deal the chinese are always negotiating. Im very happy where we are and frankly, i could be other places i could do all by myself and be even happier you understand what that means but the chinese want to make a deal well see what happens u. S. Commerce secretary poured cold water on the optimistic tone. Ross made clear they will move ahead with tariffs if nothing material happens he called it a good time to imposeduties because chinese retailers have already stocked up for the holidays. President trump has stopped tariffs on brazilian and argentina imports. In a tweet, he called the discussion in response to massive devaluation of their currencies he added it would be effective immediately. Officials were left wrong footed and say they will contact washington for discusses said the move will support americas agriculture al industry they have really discounted they devalued their currency by 10 , argentina also. I gave them a big break on tariffs but now im taking that brake off becauses it unfair to our manufacturers and farmers. Lets take a look at how some of those Steel Companies and minors are fairing it is a picture of red out there. One of the reasons the ftse 100 is lagging today names down 1. 5, bhp down 2 . Not taking it that well as some of the big mining names and steel makers in the uk and europe as well i want to bring in a mining analyst who joins us around the desk the reason the rational for the u. S. President deciding to impose tariffs yet again on the steel and aluminum tariffs was on National Security concerns and because they have, quote, actively currency devalued to bring it back to the United States, is this a positive step for them if you look at alcoa and u. S. Steel, those names are down like 40 year to date it will be a small contributor, i think what it does is it gives a little bit of a relief from the dramatic currency valuation on brazil and argentinas imports as far as steel and aluminum their contribution as the overall size would be relatively small. It is more simple than that there are intermediate goods i was reading that brazil account for twothirds of the imported steel that come into the United States. Importing these tariffs, you are harming the industry that rely on those goods thats correct. There are knock on affects with sub sectors and not just the primary players in Steel Fabrications it is important to put this into the context as well in terms of what argentina and brazil think and when we think about soybeans and the fact that argentina has strengthened its relationship with china. The benefit they are getting from strengthening ties with chi china and other areas. How does this affect these two countries . The chinese will come to those two countries in the event they have trade issues with trying to source agriculture al products these are the direct competitors to the United States in grain, in particular soybeans he had also tweeted here is that he is giving them the specific deadline for the first part of a trade deal that part was supposed to be about agricultural goods bringing it back to the corporates, the Major Players in the u. S. Were seeing fairly strong reaction today. Does that make sense and what are the european names to be looking out for . Frankly, i think it is an overreaction as far as the european names we are dealing with the primary producers. These are the raw material players listed here with theo ro tinto and bhps they do some trading of those raw materials. Particularly glen core does. From the aspects, it is more fear than substance. What about the Steel Industry as a whole is you could point to the industrial slump that has faced the world in the last couple of months certainly biting the industry everywhere that has led to a glut in demand what about the supply side there is plenty of supply, the chinese are in a gradual slow down. Here, they are trying to disincentivize in the development and short term in china. From that standpoint, it is a weak market globally they trade difficulties with the United States are simply causing chinese producers in order to try to place their excess inventories elsewhere like europe that just impacts domestic players. Just bringing it back to the geopolitical situation here and that we have seen this relationship with china and these countries accelerate how do you see this getting resolved are we going to see argentina and brazil continue to go down the path of strengthening ties with china or do you think well see a resolution with the u. S. And other countries . These are all interdependent with the United States they have to come to some kind of a detant is the best way to put it of dealing with both sides to reach some kind of a compromise that will reach both parties. Thank you for weighing in on overreaction of stocks we are seeing in europe interesting view there i want to keep an eye out for investors potential opportunity to get into these opportunities today. Lets take a broader look at how markets are fairing. The hand over from wall street was pretty negative. A perfect storm when it comes to tariff announcement. Not least when it comes to announcements of steel and aluminum tariffs we had further news and reports overnight that the u. S. Tr are considering tariffs on french goods and another in response to the wto ruling claiming they are no longer providing subsidies for airbus on the back that the u. S. Is considering further tariffs on europe a lot of things to consider overnight. A mixed session for asia surprisingly today, we have the stoxx 600 trading up around 0. 4 percentage point we are seeing some green on the board. Lets break it down by individual markets ftse 100 is the only trading in the red. Down about half a percentage point or 35 points lower big movers there some names down about 2 our guest saying he thinks that reaction is a bit of an overreaction very few of those have exposure to latin america moodys has down graded uk banks from stable. The dax up about twothirds. We are inching higher. Yesterday, we were gripped by the german Political Developments and today we are focused on the industrial complex. All eyes on the cac because they are right in the firing line with the proposals out of the u. S. On the 2. 4 billion of french goods that could be tariffed as soon as january. We are looking at some of those names that could be impacted mostly luxury and some food names. And ftse mib in italy up lets talk about the sectors basic resources at the bottom. Some miner steel makers getting hit. Household goods and luxury down. Not just the tariff story but exposure to hong kong. Names like lvmh down about 1. 5 Percentage Points after President Trump said it may get trickier to reach a trade deal after passing that legislation from the senate in support of the demonstrators. Oil and gas down about 0. 2 . We have opec coming up, there is expectation that some of those cuts could be extended, if not increased. At the top, text stocks up not much impact on chip makers food and beverage he have about 0. 7 as well one name in france, even though you would expect them to be in the line of fire with the proposed new tariffs, a lot of their production is actually made on shore in the u. S that is trading up positive today. Thank you well take a quick break but coming up, will President Trump ruffle a few feathers at the nato meeting in london we are live from buckingham palace, next , it only becomes more entangled. Unaware that an exhilarating escape is just within reach. Defy the laws of human nature. At the season of audi sales event. My mom washes the dishes. Before she puts them in the dishwasher. So what does the dishwasher do . Cascade platinum does the work for you, prewashing and removing stuckon foods, the first time. Wow, thats clean cascade platinum. Doprevagen is the number oneild mempharmacistrecommendeding . Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. Im not your charity case. I am not your excuse to buy a new dress for the annual fundraiser. I am not the poster child for your big donation. I am out of debts and in my own home. I am off opioids. Im graduating on time and on my way to a great job. I am. We are. What it means to live united. Welcome back to street signs. President trump is here for a highly anticipated nato meeting working 70 years since creation. The gathering comes among deep divisions among leaders. The u. S. President will have a number of meetings with european leaders including french president macroand german chancellor Angela Merkel our own willem marx is standing by willem, a number of issues on the table. What should we be looking out for in terms of todays meetings that will likely be up po President Trump and what he decides to say publicly or tweet. It has always been his messages around nato that has been closely watched. For years now, hes criticized the spending on defense. He feels they should be paying 2 to defense. Hes tried to claim credit for that in comments to white house reporters yesterday before he flew over here on air force one. It has not been a fair situation for us we pay far too much, as you know the secretary said we were responsible. I was responsible forgetting 130 billion from other countries that they were late paying hes correct in saying countries together are spending around 130 billion more but a lot of those increases were preplanned by many nato efforts because of efforts by places like russia in places like crimea youve got the turkish inkurgs in siryria and the u. S. Decision to pull out of the longstanding treaty with russia particularly those geographically with russia there are questions about how Eastern Europe will be protected and spending is key from President Trumps perspective as to how far the u. S. Will go in the front. Willem, there is one person particularly absent. That is our very own Prime MinisterBoris Johnson what is going on here and why is the Prime Minister seemingly distancing himself from associating too closely with the u. S. President this summit to sell rate the 70th anniversary was scheduled a couple of years ago by Boris Johnson predecessor theresa may. Little did they know there would with be a general election in the uk in december that is what is happening because of his decision to call one to try and get a brexit deal passed through a new parliament. What that is meant where the country where the trump brand is toxic it seems unlikely that Prime MinisterBoris Johnson wants to be photographed or caught on camera at all with trump. The headline is focused on the possibility that a British Government led by johnson would be prepared to negotiation access with the u. S. With Drug Companies in particular to the National Health service is an attack line that indicates has proven successful as a criticism and may be one of the reasons his advisors are less than keen to be seen shaking hands with the u. S. Leader just nine days ahead of that election im sure many of our viewers will remember that corbyn has referred to johnson as Donald Trumps poodle so indeed playing into that resisting the opportunity to have a meeting with him we have nato coming up we are just seeing a live shot now of President Trump meeting lets take a listen. Okay. Thank you very much, everybody you are here in london, are you going to be seeing Prime Minister johnson i have no thoughts on it. It is going to be a very important election for this great country but i have no thoughts on it i will be meeting with him when will that be i dont know. I have many meetings i have meetings set up with lot of Different Countries the president of nato saying it is brain dead who said that president macron. And turkey responded saying hes brain dead. The United States was paying a disproportionate amount. I heard president macron said nato is brain dead that is insulting especially to the man who does a very good job of running nato. It has a good purpose especially because nato is becoming more flexible id like to ask you, what did you think about the statement about nato being braid dead. Thats not the case nato is active and adapting. We have just implemented the largest enforcement since the end of the cold war. For the first time in our history, we have combat troops in eastern part of the alliance. They are vesting more in highend capabilities and we are stepping up the fight against terrorism and addressing the situations of russia and china the realities that this alliance have proven to be able to adapt to change responding to a changing world thats the reason why we are a success. It is a tough statement when you make a Statement Like that that is a very, very nasty statement to 28 including them, 28 countries i think you have a really high Unemployment Rate in france. France is not doing well economically as well they are starting to tax other peoples products there for, we are going to tax them. With technology and we are doing their wines and everything else. It is a tough segment when you have a difficulty in france. You look at the yellow vests or what is going on during certain parts of their season. Theyve had a rough year you cant go around making statements like that against nato it is very disrespectful the department of justice inspector generals report is due out soon it has been reported that the attorney general disagrees with that conclusion . Do you disagree with attorney general barr i dont know. I havent seen it. I purposely stay out of it we have a great attorney general who is a very fair man he didnt need this job. He took this job because he wanted to do something great for the country. He was a successful man. He picked a Great Company to work for he was a very successful man didnt need the job. I have not seen the report perhaps he read the report perhaps he was quoted incorrectly. I believe that im hearing a lot of Different Things not from inside information. All we have to do is wait. Is it going to be released on monday i think we have to read it and see it i hear there is a lot of devastating things in that report well see what happens we have a few days to wait weve been waiting a long time i do think the big report to wait for is going to be the Durham Report. He is highly respected hes worked very hard and hes worked long hours, i can tell you, and gone all over the world. The Durham Report is the report people are really looking forward to but this is a really important report the ig report is a very important report if what i read is correct, i read it in your newspaper, it would be a little disappointing but it was just one aspect of the report well see what happens it is coming out in a few days i hear it is devastating well soon find out. How do you plan to bring nato together at this summit . I think the second general has done a good job of bringing nato together. It has been unfair because of United States has been paying 4 or 4. 3 of the largest gdp in the world by far we brought it to a level nobody thought possible we are paying 4 to 4. 3 germany is paying 1. 2 at max of a smaller gdp. Thats not fair. It is not fair also when you have the European Union. Many of these are the same countries but you have the European Union treating the United States very, very unfairly on trade. The deficit for many many years has been astro nom call with the United States and europe in their favor. Im changing that and fairly rapidly. It is not right to take va advantage of on nato and on trade. We cant let that happen we are talking to the European Union and various countries about nato but we are talking to the union about trade. They have to shape up or things will get very tough. Nato is only base where north america and europe meet ever an discuss every day and we work on these things together. We have doing that more now than we have for many, many years we need fair as allies are stepping up. We are mobilizing these alliances with new challenges in cyber and in space it just highlights that well there are differences because we are 29 Different Countries from both sides of the atlantic, different history, different geography but we have been able to unite and protect and defend each other because we are stronger and safer together. I believe that will absolutely be the case now. I would say nobody needs nato more than fence. You look back over the last long period of time nobody needs nato more than france frankly, the one that benefits really the least is the United States we benefit the least we are helping europe. Europe unites and they go against a common foe that may or may not be a foe cant tell you that. There are other foes out there nobody needs it more than france when they make a Statement Like that, it is a dangerous statement to make. The digital tax, sir, what would it take for you not to impose those tariffs look, im not in love with those companies. Facebook, google and twitter i do pretty well with twitter on the other side im not in love with those companies but they are our companies. They are American Companies. I want to tax those companies. If france is going to put a tax on them. It was totally out of the blue to tax those companies they are American Companies. Im not going to let people take advantage of the American Companies. If anyone is going to take advantage of them, it will be us not france we are taxing their wines and everything else. We have a very big tax to put on them plus the tax on airbus. That will be a good thing for boeing but we are only going to do that if it is necessary we won in the World Trade Organization, we won 7. 5 billion we never won because before me the United States was a sucker now the World Trade Organization realizes my attitude on them if they treat us unfairly, ill tell you what will happen. Weve been winning a lot of cases at the World Trade Organization they took advantage of the United States. Thats where it is we won 7. 5 million. If france puts a tax on our companies again, these are companies that are against me. If i read the papers correct me. They were against me yet i won. So maybe they are not so powerful they are American Companies. I dont want france taxing American Companies if they are going to be taxed, it will be the United States that does. Why are you staying out of the uk election . I dont want to complicated look, ive won a lot of elections for a lot of people. The last two months, two elections in north carolina. I helped in kentucky they went up 17, 18, 19 points in louisiana, i got them into a run off and after getting them into a run off, he picked up 14 points because they thought he was going to lose to a popular governor good guy he almost one. Lost by less than a point. With the exception of those two races where i i had a huge impact because i raised them up almost to victory. They had no chance, with the exception of those, i won virtually every race i participated in. This is a different country. In germany, they like obama. He gave the ship away and allowed them to take everything. He gave them things i wouldnt do i love germany i love this country. I love a lot of countries but im representing the u. S they may not like me because im representing us. I represent us strong. President obama did not represent strong he gave everything away. He shouldnt have done that. Thats why we are still paying a price for what he did. Ill stay out of the election. You know i was a fan of brexit i called it the day before i was opening up turn burry. Many of you were there they asked me whether or not brexit would happen. I said yes everybody smiled and laughed the next day, they had the election and i was right. I stay out of it i think boris is very capable. I think hell do a good job. How is your relationship with president macron going into this meeting . It is fine. Ive always had a Good Relationship with emanuel. Sometimes he says things he shouldnt say. I disagree with some of his policies he has to do what he has to do but i believe sometimes he does things that are counterproductive for his country. Would you be able to work with a possible Prime Minister corbyn i can work with anybody im an easy person to work with. Look at this gentleman when i came in, i was angry at nato and ive raised 130 billion. And by the way, you are talking annually you are talking numbers that are ast after the nom call when they dont pay up in full, what happens to the past year . Lets say germany is at 1 and another went well, does that mean it disappears for the last five years nobody asked that question not a bad question for you to be asking it is not like, gee, lets start a brandnew year you could make the case theyve been delynn kwent 252030 25 to 30 years. When germany is at 1 to 1. 2 the two is a very low number it should be four. It shouldnt be two, it should be four. Thats the way it is are you concerned at all that the impeachment inquiry back home that it weakens your position as president . Most of the leaders i get along with, its a hoax. It has turned out to be a hoax done purely for political gain they are going to see if they can do something in 2020 i read something in your paper that it is having a reverse effect i can tell you the districts where i won and they had an election in between mine but they had an election and other people got in, democrats got in. Those districts are leaning toward me. I wasnt in the race in 2018 a lot of my voters say they are not going to vote unless trump is in the race it is having a tremendous impact a lot of democrats are very upset. They just got back from their district and i hear they are upset. The impeachment witch hunt is a continuation of the hoax that has been taking place the past three years. Does it cast a cloud . I will say this it is unpate riotic of the democrats. It is a bad thing for our country. Impeachment wasnt meant to be used that way. They had legal scholars looking at the transcripts the other day saying these are absolutely perfect. Trump is right when he uses the word those calls we made were absolutely perfect calls i think it is a very bad thing for our country. Does it cast a cloud if it does, the democrats have done a great disservice to the country, which they have theyve wasted a lot of time we are trying to get prescription drugs reduced they dont have time to do anything i call them the donothing democrats. They are hurting our country badly. Will you meet president erd gone here . I will. Is therea place after the meeting a couple of weeks ago . Ill ask the other countries. I have any views Good Relationship with turkey. We left their border they are doing just fine with the boarder. I kept the oil the only people we have over there now. We have a small Group Fighting the remnants of isis because they popped up again and we put them down. We defeated the isis when they thought we couldnt do that so quickly. It was virtually 100 and i knock it had down to zero. We have a very small group there. We are doing it with others in all fairness we kept the oil. The oil is what fuelled isis that gave them the economic strength to do what they did of course, we killed the leader and his second that was very important. He was trying to reform isis should the National Health service be on the table in trade talks . No. I have nothing to do with it never even thought about it. We are going to have a Great Health Care system we are doing Great Health Care work weve got things really running well if we get elected and take the house. Keep the senate and white house, well have phenomenal health care weve made it very good. We have 180 Million People on private plans they absolutely love on this country, they have to work that out for themselves we have absolutely nothing to do with it. We wouldnt want to. If you wanted it to us on a silver platter, we want nothing to do with it. There is smo talk of sense surring you instead of impeachment . I heard about it because they have no case for impeachment i dont want them to do that i had a good conversation with the president of ukraine it was flawless. People have analyzed it from many different ways. There were many people on that line one person, two people had a complaint. You take a look at those two people and tell me many people, i know there are many people on the line. There always is. When you speak to the head of state. Our people, their people also. I wouldnt be happy with that at all. To me, it is unacceptable. I did nothing wrong. You dont censure somebody when they did nothing they are in investigation in search of a crime. There was no crime it is not even a word that should be used i had a very, very good conversation with the head of ukraine. Yesterday, he came out again and reaffirmed again that we had a very, very respectful good conversation that President Trump did nothing wrong. He doesnt even really understand what is going on over there. They look at us like is this country crazy . The democrats have gone nuts they are crazy is thedo you see a greater d between nato and the u. S. . Not us but i do see france breaking off he needs protection more than anybody. Im a little surprised at that the member of nato when will you bring sanctions. The first part of your question is turkey a dependable member of nato and when do you bring sanctions against them for buying russian missiles . We did a deal everybody was critical of and now they are saying it works. I read a couple of stories that said that deal that trump did with turkey i wanted to get our soldiers out of there. I wanted them out but i wanted to keep the oil. They are saying, that was a great deal that trump made as far as im concerned, i like turkey and i get along very well with the president hes a very good member of nato or will be well see what it is in the future could i ask you that turkey is an important nato ally bordering iraq and syria that only border is that part of the roll turkey has been enormously important in our joint efforts we have been able to lib rat in the coalition to defeat isis all the territories that isis controlled just a few months ago. More than that 8 Million People under isis control we have done that not the least by using infrastructure basis in turkey in the fight against isis, turkey has played a key role many allies have expressed concern into northern syria. Following the agreement between the United States and turkey we have seen significant reduction in violence and try to find the political solution to the crisis in syria asking the question about europe and north america there are difference they come back to the crisis there is nothing new that 29 allies have different views on Different Things the strength of nato that despite these differences, we have proven again to be able to protect and defend each other. Thats what we are doing now despite some differences, we have always been able to unite around the core together i will say this three weeks ago when we got al bag dadi they were supportive we didnt tell them what we were doing and where we were going. Turkey could not have been nicer or more supportive that is important. I want to say that in keeping the oil, isis was trying to, as you know, regain control of the oil. We have total control of the oil. We had a lot of different support. Right now, the only soldiers we have are the soldiers keeping the oil. We have the oil. We can do with the oil what we want but turkey bought russian mi missiles they did. They tried to buy ours and obama said you cant have them would you give them to them obama said you cant have the patriots they said that a number of times. It u turkey went out and bought the russian missile. Well see what happens they wanted to buy the patriots. They tried to. They were shut off they were not allowed to buy it. That puts him in a mind also the russian system not been integrated in the nato air systems. This russian system cannot Work Together with the rest of the nato systems welcome there are talks going on between the United States and turkey looking into alternative assistance we employ the air and naval systems there today by nato in turkey we addressed this issue and try to find a way to solve it becauses it creating some problems turkey bought billions and billions, it was the largest order of the f35, the greatest fighter jet in the world all they will do is go to russia or china they dont want to do that they want to buy the best planes but they are making it very difficult for themselves and in washington for them to buy that plane. They want to they have a very big order theyve already put out billions of dollars theyve given it to lockheed r martin have you made a decision about impeachment . I havent even thought about it the history of the party there has not been the support we have 196 to nothing i hear the senate is angry we have tremendous support the most united our party has ever been. I have a 95 Approval RatingRonald Reagan had 87 hes second. The party has never been this united the impeachment is going nowhere. It is a waste of time. It is a disgrace how can you get the republican senators to agree your timing is perfect and flawless a number have been critical of your conduct the only people that are critical are those that havent head the conversation. You okay back there . You getting into a fist fight or something . [ inaudible question ] i thought they got into a little fist fight that has happened a couple of times with you people. I think the Republican Party is right now more united than theyve ever been. I always say read the transcript take a look a the what the president of ukraine said. He said it a number of times he said it very powerful yesterday. Thats it. Then you have people who heard thirdhand, fourth hand second hand. We have tremendous support in the Republican Party there never has been support like this. In fact, i would always complain that democrats i think are lousy politicians are horrible policies open borders, sanctuary city theyve always stuck together. The republicans, they have better policy but havent stuck together there has never been a time when the Republican Party has been more united. It is a witch hunt it is a continuation it has been going on for three years. Actually, since before the election youll see that after the reporting is released monday or tuesday. This is a witch hunt that is very bad but it has been very unifying for the republicans in your opening remarks, you were critical of one country but you didnt name that country id rather have you guess you are a very good reporter would you like to see secretary pompeo run for governor of kansas if i thought we were going to lose that seat we shouldnt it is a great state and i won overwhelmingly, as you know. The ongoing press conference between President Trump and the leader of nato i want to point out one of them at the beginning, President Trump wasted no time saying macrons comments with regard to nato being brain dead is very insulting. Well hand over to Worldwide Exchange for more im Joumanna Bercetche and im Julianna Tatelbaum. Worldwide exchange is up next. Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. Looking to simplify your skin care routine without sacrificing results . Try olay total effects. One dose provides more vitamin b3 than 50 cups of kale and improves 7 key areas of visibly healthy skin. Try olay total effects. danny after a long day of hard work. You have to do more work . vo automatically sort your expenses and save over 40 hours a month. danny every day youre nearly fried to a crisp, professionally vo you earned it, were here to make sure you get it. Quickbooks. Backing you. It is 5 00 here at cnbc. Kicking off december in the red. Stocks will tried to bounce back from their worse day in two months the tariff man is back reigniting trade war with one of our closest allies as President Trump descends on europe for the 70th anniversary of the Nato Alliance new warnings from china that could derail any progress on trade and call it the most intriguing ope