planes are safe we think that boeing director pilots on how to handle the software . there s ways to override the system american airlines. believe the plane saved we expect the order book to be largely intact u.s. carriers say they will continue operating the planes as normal for now but pressure is growing on earth or to take action over the boeing seven three seven max eight many airlines are citing customers frightened by sunday s ethiopian airlines mux a crash which killed all one hundred fifty seven people on board. and let s bring in our financial correspondent new york jose luis de haro for more on the business side of this now jose i can t imagine it looks any better for boeing today than yesterday in terms of share prices what are you seeing there. no it s not looking any better at old stevenson s have been closed down an additional six percent on tuesday or no on hearing wall street are trying to figure out how much
remains significant in tokyo the nikkei index lost more than two percent in hong kong the main index there the hong song fell one point five percent. and let s talk more about these economic indicators with our financial correspondent new york jose luis de haro jose this u.s. jobs report what does it really tell us about the u.s. economy. basically stephen the us is entering into the latest stages of the economic cycle one of the longest in history and it s doing it so with the tell you tight labor market has provided falling unemployment rate and increasing our lead salaries but now we need to wait and see to conclude if ever recent week a payroll numbers are just an unexploded or a trend those who believe the labor market is still a strong point out for example factory seasonality or defect that the unemployment rate that includes those who have been looking for a job more than six months old those with a temporary one but the one thousand are full time job is the lowest since two
networks out of risk it also adds tension too and have read the complicated trade relationship between the world s top two economies. and let s talk about the trade relationship and the likelihood of a trade deal with our financial correspondent new york jose luis de haro it was a some new signs that a deal might not be coming soon despite recent reports what can you tell us are these points clear that there might be a chinese compromise to increase imports coming from the u.s. a main goal for de white house but both the chinese president xi jinping and u.s. president donald trump still face internal opposition especially when it comes to solving contentious the structural issues such as subsidies of technological transfers and also the idea that the u.s. could pose an increased power of c. unilaterally with retail without the retaliation from china if it does not obey to its compromises is not sitting well with the chinese government also afraid of last
another front in the u.s. war in global trade. and for more on this let s talk now with our financial correspondent in new york jose luis de haro jose officials in india and turkey have said that u.s. small businesses and consumers stand to be hit by this decision what do they mean. general steven a day media financial impact is a relatively small since a u.s. companies saved around three hundred thirty five million dollars. from last year according to some estimates and those goods include motor vehicle parts of building a stone and insulated cables among all those that said those savings that will be gone so somehow they could be put great dozen new togs either on u.s. companies or the usa consumers had but what worries now is that these this region could affect future to lower trade barriers and actually fire happens at a time the usa companies have from out of makers manufacturers to retailers keep
continue keeping things exciting jose luis de haro there for us thank you very much . it s not an easy time for french carmaker renault it reported a sharp drop in earnings amid a profit plunge at its japanese partner nissan it s a fresh challenge to an alliance already under pressure since its former architect or knows former boss carla scone was arrested in november his replacement is in japan to discuss the future of the partnership with nissan executives. the new chairman of french carmakers i know john dominique so now it is a man on a mission three months after his predecessor was arrested in tokyo on fraud charges it now falls on him to smooth relations with his company s japanese partners and save an alliance that could be in trouble. with my friends of the teams of senate c.n.n.