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tv   Business - News  Deutsche Welle  March 6, 2018 12:15pm-12:31pm CET

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at the geneva auto show but behind the scenes automakers fear the gloss could be coming off their business in the u.s. . charge d'affaires will have that story for you coming right up and. learn german with w. . any time any place. with or with jo jo and her friends. i need to do in my mission space suits for she just goes on floor with friends all over the world.
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online and interactive. german to go. learn german for free w. . go to the. us terrorist dispute is intensifying pressure to rethink his terrorist plans is growing even then his own policy. mexican. are scratching their heads over mixed messages from washington. because of the geneva car so under the hoods there are called sons among. about the most so that drives the business in the u.s. . also on the show the dark side of the. doing business in hungary corruption
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charges mounts against prime minister viktor orban and his family. this is your business i'm going to office welcome also don't trump's plans to put tariffs on steel and elam in the i'm within weeks resistance against the trade barriers is growing in the u.s. and even trump's own party in a public confrontation house speaker paul ryan and other influential republican allies of the president on a drum pleaded with him on monday to back away from his threatened types which they fear could spark a dangerous trade war republican congressional leaders even suggested they may attempt to block the terrorist bus trump remains defiant he replied we are not backing down all this comes as the u.s. and mexico are attempting to renegotiate the nuff the trade deal which could also be impacted by the dispute over tariffs. the nafta partners were all smiles in mexico city but then the u.s.
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repeated its warning it could walk away from the longstanding free trade agreement . as president. we hope for a successful conclusion these talks and we would prefer three way. it was impossible. for you go because there was clear anger at trump's new tariffs and a warning that there was more than just trade at stake. in canada believes that all of these restrictive trade tariffs on canadian steel and aluminum are absolutely unacceptable. it is wrong to see trade with canada as a threat to the national security of the united states. from a stance is worrying not just trading partners but members of his own republican party like house speaker paul ryan they've pleaded with him to back down but the
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president is adamant those and i don't think you have no trade war actually i don't think so you're going to i don't think you're going to have a trade i disagree with that but it may be trump's idea of a tough opening gambit the art of the deal but for now his tariff threats of worried allies and corporate leaders like. spectacular sports cars concepts and drafts of the future of individual ability have drawing in customers that the geneva motor show in switzerland there are plenty of new vehicles to choose from but despite all of the chrome paint and house the show is being overshadowed by the impending trade war between the u.s. and the e.u. . this folks wagon is supposed to be the car of the future the completely electric eye division has a range of six hundred fifty kilometers no steering wheel no console this car is fully autonomous it's scheduled to be on the market in twenty twenty two but then
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it will have a steering wheel. the id vision is still in its concept phase at the present the specter of punitive tariffs and a possible trade war with the us is ruining almost everyone's mood so they come in even if it's not that easy to ruin my mood and it just comes as a surprise for decades we've been investing in globalization we have worldwide contracts if someone is of the opinion that this is no longer the right way then we have to have a discussion about it we had v.w. will analyze the situation and react accordingly. when they know the ending instead of. last year germany exported over twenty billion dollars worth of cars to the us punitive tariffs would hit german car makers hard steel b.m.w. mercedes and folks wagon have u.s. factories with more than ten thousand employees. if i look at the german car industry we have invested heavily in the past years in the us we have built up new
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jobs a lot of new jobs we are exporting from germany into the u.s. almost the same amount of cars as we are exporting cars from the us in other countries but in spite of all the saber rattling there is some understanding for the american side here in geneva after all the united states only imposes a two point five percent import tariff on foreign cars at the moment the e.u. on the other hand exact said ten percent import tariff on american vehicles sold in the european union auto experts think a parity in import tariffs could bring a relaxation of tensions in the transit lactic relationship. cross over to our correspondent john i'll do milan who is in geneva for us to now in the report we had a rather calm v.w. bosses everybody in geneva so relaxed about the tariffs.
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no other have been quite a range of reactions here at the geneva motor show regarding the punitive tariffs it's actually a big cloud hanging over the whole affair now these reactions range from dismissiveness to indignation to all out concerned that the future of free trade may be in trouble here now dismissiveness of course because it's not clear how donald trump would actually enact this if it came to pass whether his own party would allow him whether that would not result in destroying his own home industry and indignation of course because a lot of european carmakers as we saw in the report there have created a lot of jobs in the u.s. market but of course there is a real concern that the tit for tat action here that's dominated the discourse so far will continue to escalate and that's going to create real problems for the worldwide auto industry it's interesting because some of the carmakers have also said that in the event they expect the national governments to help them out in this regard but let's not forget that this is a time where the relations between government and car industry are being closely scrutinized especially in the face of growing consumer mistrust you know has
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announced today that this completely withdrawing from the european. market how is that being seen over the edge. exactly toyota is dropping these all from its passenger cars by the end of the year so that means in some markets like france and italy what they're doing really basically is just getting rid of stock but it's important to make the distinction they're dropping these olds from passenger cars that means their commercial vehicles will still have them now i approached them earlier bearing in mind of course about a two yo to has a financial relationship with d.u.h. the u.-h. of course being the environmental activist organization that's behind the driving bans the potential driving bans here in germany and i said to them i said to them that of course it's raising a few eyebrows here what do they make of it that's all they're talking diesel from the lineup especially given the fact that they have given money in the past of
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course the only response to me was to say nope it's fake news one of them one has nothing to do with the other and that their decision was driven by consumer demand so not at all a surprising answer from toyota there. at the geneva motor show that for us thank you very much. for one month before hungary goes to the polls in a general election claims of systematic government corruption are growing louder among the allegations from minister viktor obama and his associates may have been rich themselves by systematically procuring e.u. funds infrastructure projects according to the european and. the son and the prime minister benefited from construction contracts financed mainly with e.u. funds. the only d. streetlamps in near the hungary and capital budapest were mainly financed by the european union. but residents are unhappy about the elimination they say it's too
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dim and that hundreds of more lamps are needed and they founded the citizens' initiative to shed some light on the problem. shami. we've had zero information about this project from authority is the mayor belongs to the governing party and he won't let us look at the files because i mean that when i was. installing the e.u. funded streetlamps in numerous towns was an infrastructure project worth millions of euros and it may have involved nepotism according to the european anti fraud office all of the prime minister viktor orban son in law was an owner of the company that won the contracts to modernize the street lighting journalists that the investigative news portal direct thirty six looks into the case and need to vora describes the background to the story i was work a program africa has a look the problem in this case is that the tenders were manipulated in such a way that only the prime minister's son in law could win them back you have to
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realize that in hungary e.u. funds are handed out directly by the government. another case in viktor orban so hometown a felt shoot involves a much publicized soccer stadium direct thirty six says e.u. funds were fraudulent lee diverted to build a stadium and a nostalgia railway line in the area both construction projects benefited lawrence messer us seen here on the left of the picture he's organs childhood friend the mayor of the village. some of that money is going to leave their friends and relatives of the prime minister are using our circle and the really follow to be revealed several examples of. the staff at direct thirty six say that up to now gary and justice officials have refused to take any significant action on such information the government has brushed aside allegations of corruption and nepotism and its ranks. government spokesman zoltan coverts says the claims are
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politically motivated by the opposition. it was just that and we have to test the off of the european institutions and they clearly state that the show is independent and it's up to the standards of. the hour receives more than four billion euros a year from brussels how much of that public money has gone to line private pockets may never come to light. the business seems. the to . the to
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. the to . the to. the. edge of the seat. next. to a head we've got it all as we go out.
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