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tv   DW Interview  Deutsche Welle  May 18, 2024 5:15pm-5:30pm CEST

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is i'm tired ratings, eileen, thank you for watching the green. you'll update green innovations, super green, and the super eco friendly green chimes, the holy grail selection, mobility, green revolution global. so listen to all kinds of problems to fix your thoughts on the topic of pressure. those channels think i ever tried to plan, it's a can the you uphold it's environmental and social values without choking off the business and trade. my guess bet long us as it can insured. he's chairman of the international
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trade committee for the parliament. and we spoke just before the parliament voted for a new law that requires larger companies to scrutinize their supply chains for human rights or environmental violations. or begin the interview by asking long about his own home government, germany, and how it withheld it's vote for the measure. now, part of the government in berlin says that the new law is unfriendly for business. a really disappointing. com because we haven't drum and the due diligence with installation on to i guess it was a u. p in this nation is german legs. nation but improved on that for, for me it makes no sense to abscess, obsession into accounts. so but it's linked to is the situation, the coalition government in germany. so the smallest a potty also coalition as always, some elements where they thought they can make
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a point in domestic policies, icing on the right. but it's not my job to jots about that. but listen to, to the new legislation, it's really an improvement because we are looking not to on the, on a checklist basis. so every company has to fulfill the same obligations be, are looking for over space approach. because it's really different if you importing to meet from canada on a t shirt from bangladesh. and let's look, we have a possible list of violation of international they must. and that's a international environment to a conventions. all dependents government agreement happens and not have an obligation to everybody. you mentioned the coalition government, it's the, the sort of business friendly, free democrats were against this. and the coalition, as you said, no, i don't think that the business went to me because there's
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a coalition of business. people say we want it even cheap on the beach but, but, but don't they have a point when they say that it raises more bureaucratic hurdles at a time when most member states and businesses want fewer hurdles and better trade? is this not one more impediment for that? no, because we have to struggle in falls and of course we have and several other member states, no, no info. so there is a competition. this of bondage in germany. businesses are also complaining about the german law. of course, and secondly, this german law has to be into the house, is checklist approach. 43 question for everybody. and then some additional discussion. not it was based approach. and yes, we'll see repeating some little cryptic version, but you would use so the reporting of integration specs on this is of course a difficult time for europe when we look at the economy, especially germany and it's struggling economy right now. the measures like the
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supply chain long, do they not put a burden on businesses at a time when they need fewer of those. and it's not just that law, but we spoke earlier today to the indonesian in vassar to germany. the u is negotiating a free trade agreements with indonesia right now, and he points to the use deforestation measures anti deforestation, i should say, which attempts to certify for his products from some countries where deforestation has been a problem. indonesia says it's too much of an impediment for them. and then it's blocking that free trade agreement, these kind of social and environmental laws that the you is pursuing. is that not an impediment right now when, when trade more than anything is necessary? so look, we are all on the whole bill looking for more sustainability and we need this, i guess as a result of that as clement agreement to reduce c o. 2 emissions worldwide. andrea
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c i o conventions international standards for labor wides. and we have some environmental conventions from the united nation. so these are this upcoming goods . now looking how to age can really benefit in the, the, the implementation offices, international things. it's not your pin manuals or you people like us, least not. you'll be in the vision of, of so society to you. and you've also a perspective for people and the environment and, but this isn't not, so i get in the way of that kind of try to introduce. i don't have a point. then we have to look how to can, how we can implement add on discussion was environment, minute stuff, it was it. but then this is why looking on different stage how we can when you chose the situation. what's about g o localization can be use,
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you appear in the satellite pictures. that's how we can sort divide to products once about disability. we have some certification systems in was it? so how we can work together hand in hand, in 2 partnership and at the end of this conversation said yes, it's really helping also my goal. it's for the bazillion society and perhaps we missed a little bit the, the correct communication and also was in yeah, i'm quite happy that'd be a mega sitting. no. was in the comprehensive, straight agreement. they agreed to negotiate on every thing that's important as a difference to a 2013. we have a subset of united states and last time. and now we have to look what's the situation on the ground, how we can implement some of the measures in such a trade agreement. i'm quite optimistic that this leads to an result. you mentioned brazil, brazil, of course, one of the macros or countries with which the he was trying to finalize this trade
quote
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agreement. that's also been installed in part because of concerns over climate issues. in this case, the amazon base and no, no, no, that's not true. but that is part of the hesitation to many countries, been the process not on the part of a level, perhaps? no, no, look. it's reading the news and that's to it. negotiations. really phase because of the sustainability pots we have really discussed with c. nicholas who countries on the tell additional total costs taking on bought the interest and this reading. and also it was australia, those agreements fated because of the interest of from us in this case of use it has to be a yeah. it was the lobby in, were joined by advocacy groups pointing at the amazon base and issues that strengthens that protest against many of these agreements. is that not true? what is on the macro so created? it's on all the domestic farm. was the say i because fonts that, nope, on anyway. so see top perhaps,
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but macro so never. and we have also some similar discussion and some of them in the state. so we have to really focus on the uh, the coaching sect on both sides. that's for sure how to improve the living conditions. we move on to the us. is europe ready for new trade tensions in the coming year? so nobody is hoping that trump will become present. and again, as of course we, uh uh, so those are a 2 of bucks, sauce of defensive matters. likes the under promotion is mens which was developed to because of the drums and p a message. if we would establish a digital text in your and you would like to tell us a new being costs on. so you want to use trade and investment as a political weapon on that problem. you have now new in some hoops to be ready to
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defend our economy interest. so we have a tool box ready at 3 out of so not to switch to go to w to our end to us. certainly of course we are trying to calm down a bit the situation. we have to wait and technology accounts. so to establish some, i'm working with notions and so on, but there's lots of, we've been disappointment that an agreement wasn't hashed out with steel for example, hasn't that been something of a failure? you know. yeah. but you have to recognize it's associations the united states has change. they really focus not on domestic issues and they are not so much dependent on, i'm an expert as european union is. so that's a fact that's we have to, it's like it's not, it's not accept but to nice. and i'm quite sure that they, but it's not sticks to the rules of w 2 in all cases. so on to that for we have to use our
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own defense instruments. nevertheless, the united states, as the biggest trading problem, isn't likely the trade tensions are like, are going to rise even if president biden is re elected. given that europe is sending more of its exports, especially germany to the us, which has a strong economy. we talked about china is their concerns, but it has over capacity. is this really just a trump thing, or is it possible that with consumption, being so low here on the continent being so low in china that the us, regardless of who's leading is going to look and say, this isn't in our favor. if so much trade is coming from these countries, and i'm not sure that this is true about as the actual policy is in going into sort of action. this is a really and change of a to yeah, it's really an openness of the us economy. the gone down to w t o was founded on somebody u. s. a. know it's going back to state the economy and really a, to
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a protective measures in this inflation reduction act was created by the democrats and buying of course, and having this huge range of local content which leads to the investment in your investment in the united states. that's much when you for yeah. and also not deny the subject roads, but this is a policy of course, biden is more that's a positive and we can really agree also on spent and some send us and some future orientation issues like do fishes drugs and risk management of that spot. there is a new direction of economic policy in the united states. that's for sure. we have to live. oh is this, i guess some us we have possibly room for corporation and some of those not trust we have different interests globally funds. united states. do you see over capacity from china as a problem? it's being reported as such and many places?
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what is the concern? this has long been a claim that china has put too much on the markets. what exactly is the problem? the problem is if this a couple, a city is a fine ons by illegal subsidies or is on the capacity is put on the market to be no production costs. so subsidies are done pick and then we have all instruments and we are using that on to about 80 percent of our on to subsidies on deducting cases, idea of acting against without coming from china. also, chinese defects on the well, we have globally a big over capacity in china or look to the solar pendants that'd be established some years ago. so on the subsidies tablets. but of course, china is big and that they have the advantages of economic of scale. and so we have to deal with this is you want to have some production really pop up climate. new
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rate on that for we establish also is a see pounds to make clear that in future. also input products have to be priced on the c u 2 content. and this would be also a limit a little bit. so steve's inputs coming from china until the use of our capacity is this, let's say a phrase of overall capacity is a little bit complicated because you have also in your overall capacity incompetence without going to the us, where the excess of 2 or 2 is the hold of us a so that it has to be fair. that's really the important issue that's the level playing field has to be counted. that's question. are you optimistic or pessimistic? when you look at the coming years and trade free trade, european trade, it's challenging. we have to deal this uh, fragmentation of globalization, that's for sure. and therefore we need some defensive measures. and we need
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a whole a net of debate agreements in to partnership with see the live of the possible. all right, how long a thank you so much. thanks a lot to the dancing to get the current flowing. this club and glove go sustainable. by using a technology that converts body heat into energy. this scott show us how it works. the heart of the dancers, the smaller the electricity bill. euro nice. next on d w, he's got any issues with a lot say what could i the, the
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flood red arch, a look at the unique way. jasmine alicia carter paints nutrition with a mission. where is the global slow food movement heading lightweight yet meaningful. how are communion waivers made all this and more coming up on jerome x the .