tv [untitled] March 4, 2025 1:00pm-1:31pm AST
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a heart, suppose 5 of us and what direction will it take to manage the worlds fastest aged documents, special coverage of trying to send to a specialist on the, on the, on the go about this, and this is the news i live from doha, coming up in the next 16 it is a trade war, lose. donald trump slots terrace on his 3 biggest trading partners, canada, mexico, and china. say they're going to respond to us suspends all military support for ukraine, just days after a public dispute for the ukrainian president. this is a moment for you and we are ready to step up from europe,
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says it's ready to re on the not using it same to show up hundreds of billions of dollars in new to friends, family and food prices and guys on more than double and more polished indians go hungry, israel refusing to lift spokane, children caught up incidentally tongues like the united nations as warning of a growing number of sexual abuse caves, with little access to health and in school to experience biggest football teams that are taking the advisory to the european state for y'all, and i tried to call them i did are set to face each other in the last 16 of the champions league, the president, donald trump, thomas on the 3 largest trading partners of the us, have come into effect. increasing fear is of a global trade war. goods coming across the border from canada are going to be hit with 25 percent terrace. and the canadian government says it will immediately
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retaliate this morning of more to come later this month. mexico. but also phase 25 percent terrace, and that's significant because 80 percent of its export go to the us president why the assigned bomb is expected to announce on tuesday. her mexico is going to respond to china has promised to impose tasks of its own. it's wanting a taxes of 10 to 15 percent in some us scripts are going to come into effect on mondays, but basing says it is willing to solve traits, concerns through dialogue, examples. so i have a report from the day the trans tarus to cold us present. donald trump has often pointed to financial markets as a measure of how his presidency is going. after long threatened parents went into effect, global markets solve bullet's file, trading indices showing sharp and wide spread declines. and canada, mexico in china, reacted with retaliatory terrace of the roll. the 1st salvo is in
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a trade war. that is sending shock waves through the global economy. let's meet here. if trump is imposing terrace, we're ready. we're ready with a $155000000000.00 worth of terrace. and we're ready with the 1st crush of tears, which is 30000000000, which is already know. these are social history has shown the china and the united states benefit from cooperation, but suffer from confrontation, jubal jesus jew. so however, we will never accept pressure or threats and will firmly safeguard our national sovereignty, security and development interest. this will create hundreds of billions of trump says this is about national security emigrants and drugs coming into easily across us borders and correcting trade and balances with other countries. critics say it is a shakedown and accusing us presidents of misusing emergency powers to please his political backs. federalist warrant that retaliation will target that base. they're going to
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look for the places that are the biggest pitch points for the president's party as republican party. and so they're looking at, you know, actually how they can hit in states that are more republican dominated. and that is sadly that this is how trade wars work. truck returned to office demanding loyalty, seeking retribution, releasing jail supporters and telling allies they have to pay for us protection. it is an approach that has left both friends and foes on set and wondering what comes next. same bus for avi ultra 0. a. tony chains live outside the world's largest wholesale market in china is a huge city. tony who has a place like you're going to be impacted by us terrace, potentially very badly, and it's something that the trade is here are really concerned about this market behind me, according to the world bank did 70 $1000000000.00 worth of business last year. and
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i think that's really on the trip there off off to our american traders here these days, and they're trying to diversify to other major markets. you see a lot of indians, a lot of russians, but of course those markets don't have the same buying, but i'm particularly in areas where china leads the world and technology in renewables. this part of the market behind miss focused on boucher is eaves and solar panels. these are places that the child china really wants to open up in small kids. but of these terrifies signifying the other thing signify, the other thing, silva is of a trade. well, i think it's a real concern. so people have, you know, tony more broadly, how valuable is china's economy to us tariffs? is it something the chinese government has been very aware of in recent years has been trying to develop its domestic market and it's done so with increasing success . you can see that pretty much everywhere you go in china. they're all the chinese
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products being provide chinese people with their increased affluence these days. but in china, as in many other parts of the world, we have seen in economic downturn, inflation is going up. there are economic concerns and there are the put problems in the chinese economy in the real estate market, for example, as massive over supply. $60000000.00 vacant homes at the moment, and debt, so $7.00 trillion dollars. these a huge problem. so the chinese government, they've seen growth slowed down in recent years. and i think if there is a are looming trade will. uh then it could be a problem that'd be very keen to avoid. 20 thanks very much indeed. tony chung, they're talking to us from you, city or tons. products are essentially a tax on the 2nd goods imported into the us. now initially, us companies bring those items in. we'll bear the brunt of the costs. here's how it's going to watch the president action to toddlers through an executive order. the us treasury is responsible for collecting of the companies in the us that
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import 2nd goods then pay the fees that important not as a product that's more expensive than before. and the us government as a new source of revenue at least in the short term. so what happens next, while the importer could decide to absolve the cost that's going to become more expensive? i think the drive some small businesses to lay off employees all go out of business entirely. in some cases, export as based abroad might lower the original price of their goods under pressure from an important in the us and was to simply keep sending them most likely, the importers going to pass on some of that new cost on into the product that the consumer pays to an increase in price i. this item is a senior fellow at the tie institute and the chairman of asia narratives some stock . he's joining us from beijing. the fact he's very much indeed for being with us. china, no stranger to sanctions, restrictions trade restrictions from us and ministrations that happened under the, in the original trump administration. then the by the ministration carried many of
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them on. now it seeing more is that a point as tony was just suggesting there which china is economy is beginning to have to deal with these directly and feel the impact of them rather than being able to absorb the impact to the types, to go out rob as you pointed out, no chinese firm or government is paying a single penny of terrace. it is being absorbed by whoever is importing into the united states. in essence, as you said, a tax on consumers. so yes, it's going to have an effect, but it's mostly going to be on the us except to the extent that it lowers demand. remember about 70 percent of the households in the united states voted for donald trump because they felt that he could reduce costs. he said they want, he would be all over making sure it costs go down. everything is done since day one, however, has been aimed at not a buddy. the result has been that it's a raising cost for exemptions. you know, you take steal and aluminum. alas,
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the aluminum factory in america was built 40 years ago. the existing capacity for steel and aluminum is over 90 percent. so the world's largest in puerto of steel and along the united states, has nowhere to turn. if they put 25 percent terrace on top, can't do it domestically. so what will happen is the price increases will be passed on to the consumer. and when that happens, they're not going to be happy. so this is a lot of what trump does. so lot of shock at all seeing what is possible in terms of a deal, and then if it's not working out retreating. so at this point, i think most people realize he's bluffing. he cannot put these types of chairs on all the goods that are coming in to dive states. that's about $3.00 trillion dollars worth of goods last year. if he does that, adds 10 percent to that americans will punish him at the polls. caught in the mid
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term elections and i want to ask you about what the, the motivation might be for these uh, these latest round of toddlers. donald trump, the same thing saying repeatedly this is about national security. it's about drugs coming into the us, particularly friend to know this. china is government, i guess, except that those are his real concerns or what's the assessment of what is actually behind these types as well, rob, i mean no. and if believes donald trump, i mean he's, he's trying to re industrialize the united states by doing a number of things. one of these tariffs, he wants to encourage companies to onshore in america. and he's, you know, like this a $100000000000.00. that's going to be put in by t s m c. if you say, you know, look, america is going to be a powerhouse. the fact is, anything produced that america is more expensive. so it doesn't matter if they make the commitment. the question is, will they follow through on a lot of people are betting that donald trump will be extremely weak,
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come the mid term elections. so at this point, as i said, it's mostly a bluff. china is not the china. it was 8 years ago. they have been carefully preparing for these adventure all of these and as a result, they have been putting emphasis on their internal consumption, trying to drive that there are plenty of problems in china, but they have a much bigger tool box then up countries and it throughout the west, in terms of doing direct investment and directing their economy. and they hoped to use those tools and we're going to see what exactly that means. and this next couple of days when they put out this kind of direction of what the country is going to go through for the next 5 years, it's great to get your insight on this. i know talking and we appreciate that as always. thank you very much. indeed, i think it was largest negative computer chips as a not as a big investment in the us officer thomas tracking to impose tyrus,
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the taiwan semi conductor manufacturing company will invest a $100000000000.00 to build 5 additional facilities in arizona. but the time when he was president is said, the most advanced chip manufacturing process is, will remain in taiwan, patrick bulk as in typeface. besides the risk concern from timelines leaders above the deal. well, there appears to be a little bit of mixed messaging out of time on, on this all the red cabinet officials said that time one would conduct a review in to see us embassies announcement. there was evidently some concern about what in fact this might have on. so i want semi conductor industry prior to that the typeface, economic and cultural representative office. that's the fact to embassy in the us says that it was live that time and these businesses are expanding investments in the us. and that this would deep and cooperation on supply chain between the 2 sides of said so that this would bring trey the economic relations closer. this was an importance moved by a t s m c. it's the largest manufacturer of semi conductors and the wealth of wind,
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the lights of in video and apple. and, and so it was an important move, not least because it's potentially stays all the threats of tyrus from the trump administration. remember, donald trump has threatened to impose types of up to a 100 percent on time. it is a chip export. but also because this brings taiwan and the us closer together out of time. when that has been a question mark about what exactly the trump administration's policy is on. so i won last month. the us state department remove the mind from this website saying that the us does not support. so i want independence that would've been seen by some and so i'd say as a possible sign of the support for president trump has also made it very clear that he expects taiwan to pay for us mandatory support for us as found by 3. see to protect so i want in the events of an invasion, but increasingly it has looked as though a business,
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a commitment that comes with conditions, patrick ball, which is 0 type done julia is from the center for international governance innovation. it says drums and not as much likes, substance a g s s e, sorry to go this 1st plant and united states about 5 years ago. and just recently managed to finally get it up and running there some chips. uh and uh, and that was a $65.00 investment and a half the employees were flowing from taiwan. so the additional 500000000000 were 3 additional plans to take many, many years to build a lot. this is actually performative announcement. the reality is that they cannot fit the global supply chain into the united states, which is already a full employment. the number's just throwing that out. um, so the other should fall here for the united states is that us terrifies new ports?
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are we cover the chair of science exports so they will, us exports will fall even at the same port for their own losers shaking up in the united states in the export oriented sectors. and those tend to be the most efficient sectors. and so, ultimately, while you can have these announcements of the capital being a plant into the united states, or to use them see plan to build several classes united states, it is just not possible to do what mr. trump wants, which is to replicate the global economy as it is in the united states, is just too small. the government is welcome the us decision to suspend its ministry, a to ukraine, saying that it could help bring about peace. the us is the single biggest donor to ukraine's military efforts, but donald trump paused to support off to a confrontational meeting with presidents and letting me is the landscape. trump
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also criticize that, honestly for suggesting that an end to the war is far away from said the us would not tolerate the conflict lasting much longer. to us vice president j designs has told us media, it's in ukraine's best interest to agree a deal with the u. s. which includes a stake and it's mineral sector if you want real security guarantees. if you want to actually ensure that vladimir putin does not invade ukraine, again, the very best security guarantee is to give americans economic upside in the future of ukraine. the only realistic pathway to bring this thing to a settlement is present trump's pathway. we encourage both present zalinski and president putin to follow that path. correspond to child stratford in keys or speaking to a manager, really 3 unless they're saying that it could take months if not up to 2 years for you to be prepared to fill this gap. the now could be left by us military
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assistance. i think that it's also cited in the fact that we still haven't had any official reaction from the present with ukraine himself. load them is zalinski. and zalinski is usually very to the point on responding to these kind of announcements from it's back is this, it's main, made a tree fact. mean, bear in mind that the us has so far, according to the keel institute supplied ukraine, which $69000000000.00 worth of military assistance. the 2nd largest donor is the german. this was a 13600000000. so that is a huge gap. but your opinions need to fail. we know that the americans have been supplying weapons that include everything from help in intelligence gathering to long range to cams, missiles, to infantry fighting vehicles, to tanks, 2500000 lots hillary shows of being supplied in the last 3 years by the americans.
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what we also know is it appears that there's no change in trump silence with respect to any new a being or assistance being given to the ukrainians. that hasn't happened since he issued office. but what's also a question that is being offices, whether it includes the $3500000000.00 that he inherited, which was approved by congress on the bite. and does it mean an aims to potentially ukraine, being able to tap into that money? the chinese use a huge european union isn't on the launch of it. we arm you a plan, which is going to allow our member states to rapidly boost defense funding. information president is wanting that europe is living through a dangerous moment, but said the block is up to the challenge in europe is ready to assume its responsibilities. re, um, europe. coach,
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mobilize close to 800000000000 euros of defense expenditures for safe and resilient to europe. we will of course, continue working closely with our partners in a tool. this is a moment for you and we are ready to step off a different medic, editor james base is in london for us. i should have on the land as saying that $800000000.00 in defense is going to be raised. when details do we have about this? a while i think the details will be works house in the coming days and the big day is thursday when there is a meeting of the european leaders. remember that's how this works. the european commission, which sort of underlined leads. she's the president of that. she makes the recommendations then the leaders agree. and it's quite often a painstaking process. you just have to look at all the series of sanctions that they've negotiated since the war 3 years ago. it takes time and there is no unity
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we know already, but hungry. and slovakia are unlikely to have the same position as many of the of the 27 members of the u. i. even if europe kind of agree all of this, then, then the next problem is whether they can actually replicate everything, but the us used to supply. as charles said in his report, there was a big ticket items. the attack comes missiles as a predator, a defense systems of has a lot. so that munition and certainly the, the, the western side, the nato side has not been keeping up and rushed with russia in terms of immunization production. but there are also other things, i mean, the us intelligence that it gave us to ukraine and something that's commercial, but also in the gift of the u. n. and us, and particularly in the gift of donald trump's very close, i like, you know, most ukraine has, has made a formidable progress in its drone strike forest. but they rely on stalling cuz
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that commercial operation, satellite operation run by a loan mosque. if that stalling, cooperation, stops providing incident, then it's going to be serious serious problems with the drugs. so as level deadlines announcement is important, but there are lots and lots of problems long ahead and europe. and the question is whether it does have the unity, the capability to replace the us. yeah. on that question of unity, what are other european politicians say about all of this as well? i think lots of them are sons by what's happened. they tried to put the pieces back together at that emergency summit that took place or the weekend here in london. i think they fit this, but they were consulted according to a polish government, a spokesman, it was way without any informational consultation, neither with nato allies or the regular stine group. that's
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a group of countries that with the to of, to, to, to coordinate a, that was being provided by western countries going into, you've tried no good nation was made. the trump administration simply made this announcement pulling the rug of from out on the ukraine. but i think also putting the right out from under the western allies and notably the u. k. and from who have planned to submit the plan was laid out on the weekend here in london all the way forward pace through strikes. well, ukraine is a little less strikes now than that just to a few hours ago. and of course the, the u. k and phones were planning to put some sort of peace keeping force. and we'll check the balance, the vice president in that interview with fox news that you probably the clip of a moment to go. busy he said that was going to be security guarantees, and he talked with some stain about the idea of that force, which was going to be provided by the u. k. and prompts along with all the nations
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he said, this is that we describe that 20000 troops from some random country that hasn't sold a war in 30 to 40 years. i can tell you that will provoke real and go in from some certainly here in the u. k. of course the u. k was on the us side both in the rock and i've got to some of the u. k. last, a 179 soldiers in iraq, 457 enough kind of stop diplomatic editor james base. james. thank you. yeah, that's the motor of you is an associate professor of national security and strategic studies i've taught to university explain the outcome of the ukraine. warnock hinges on what that suspension of us military aid will look like, as if it's a reference to the ongoing for these. and i'll be your nation's military equipment . it won't be as critical as, for example, so spanish on all information on an intelligent sharon billy that would make
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a huge difference with regards to ukraine. situational awareness and will provide the russians an advantage on the battlefield. with regards to the former. busy files of nations and weaponry, while the ukrainians have a little bit of bad to go without and your supplies for, for a few months. so again, it was very much the band whether this mode is symbolic, just a political pressure on, on the landscape. what from bringing in wants to the your brain? yes. in terms of providing them with disadvantages on the battlefield and by their force in their hands, abuse negotiations in terms of defense force to your it was pretty much exposed because they've been pretty a ride in on your security umbrella. and just in terms of expanded deterrence, which is the nuclear and you being elements, but those are the presence of us conventional and you literally fall in your full wait too long. you're a black, significant military capability, just predict meal, and we get the village arranging the problem in solid. just for example, if your branch has bounced intelligence provision to your brain,
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you're cannot substitute that because they, they, they have some capability. but the small, this comprehensive is what the americans have. they lack, for example, strategically capability. that's when that again they've been relying on on the united states. the like much alicia, the, the usa department says special i voice things of what cost will return to the middle east and the coming days to try to prevent the collapse of the guys i seize $5.00 deals with coffee is looking at 2 options, extending the 1st phase which is really insist on, on how much refuses or progress to the 2nd phase, the agreements that for clause of withdrawal of israeli forces from gaza and the turn of all captives in exchange for the prominent seas. fine, israel is blocking all food fuel and medicine from entering garza policies. 5 deal
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is in limbo, the you and says food prices have more than doubled in the strip. as a result, unicef says the closure of border crossing, particularly devastate children and families chuckling to survive. rights groups have condensed, a decision accusing israel, of using starvation as a weapon of one kind of loads and gaza said he was more on the deteriorating food situation. across the street. people here are forced to break their fast and the 3rd day of costing month and also the 3rd dates of known human a tree and aided trucks coming in after these really decision to impose more restrictions. very sampling kitting, one of the stopping the entry of much needed trucks. i filled with a with a needed for people across the gaza strip. so people are forced to break, defrost them, whatever they're able to define. so far, the blockade on, on the crossing then the new restrictions have made many of the basic good are nearly impossible to find that we're talking about oil and cooking oil,
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rice of flour, and other basic necessity. they used to be common and available are either now on available or on affordable giving the a financial collapse of almost everyone here. people do have been, have not been on a payroll for the past 16 months. lots of public sector and public and private sector have left many people living of food parcels and 8 in the past 15 months. that was not going in on a regular basis with seeing similar situations of hosp, 50 months, very suffocating. one that is really to display the famine in northern gaza as well as the evacuation zones in, in, in con, units and, and the central area and other parts of the, of the gaza strip. the still ahead and i'll just see the out of these members are sent to meeting cairo to discuss egypt proposal for the reconstruction of guys. and plus i am, i'm a give using get a get why a significant dropping is received with mixed feelings. talkie header,
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we're going to show you a very amusing in the adage out in this piece for the paddler. there's lots of dry and settled whether to be found to cause the heart of europe at the moment. thanks to high pressure. that's in charge. keeping things very sunny and settled. yes, we could see some foggy and frosty spots in the morning faces like person, an island and the low countries that they tend to get burn tough. as the sunshine pushes throughout the day. now wrapped around this hi, we have got some wet of friends, one of those polls its way into no way bringing some snow, some very heavy rain as bloss free wins here, but snow as well. moving across the baltic states and gusty winds as well. and they move they way across the western parts of russia on wednesday. but for the south,
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it's an improved picture full, the se, lots of dry skies, with sunshine. things of dried up in italy, though those gusty winds remain blowing across central pots, more west and pots. of the mediterranean and what it is all looking pretty pleasant on wednesday. that's not the case of spain and portugal. we still got a wintry mix across the north with more heavy rain to come across the south and its eastern areas of spain that have got those warnings out on wednesday. full that heavy. right. and you can see it pouring into valencia. we've got an amber light here on wednesday with rain to friday, the knowledge and team as a way of life local clubs. so the country, so the, for the communities with a crisis, assuming with a struggling economy, the government wants to open the doors to private investors. dividing the nation,
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