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tv   Business - News  Deutsche Welle  March 6, 2018 2:15pm-2:30pm CET

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he boasted about taking the statue while attending the governor's ball at the official formal dinner after the film awards. the future of diesel was a big question at this year's geneva geneva motor show hall and i'm free we'll have more on that coming right up. with that women lead the last. of the world is still far from complete gender equality. because the need to movement influence the world why did based on sexism international women's day twenty new zealand. focus this week on. climate change. waste. pollution. isn't it time for good news eco africa people and projects that are changing no
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one's are meant for the best it's up to us to make a difference let's explain each other. because women are going to be environment magazine. long d w. the u.s. trade tariff dispute ramps up within the republican party u.s. president donald trump faces pressure to rethink his plan meanwhile canadian and mexican enough to negotiate with the left scratching their heads over mixed messages from washington. also coming up shiny cars abound at the geneva motor show but under the hood there are concerns among carmakers about the engine that drives that business in the united states. this is your business update on how the humphrey but then glad you could join me well after u.s.
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president donald trump's plans to put tariffs on imports of steel and within weeks resistance against the trade barriers is growing in the u.s. and even within the ranks of his own party in a public confrontation house speaker paul ryan and other republican allies of the president pleaded with him on monday to rethink the measures which they fear could spark a dangerous trade war republican congressional leaders even suggested they may attempt to block the moves but trump well he remains defiant he replied we're not backing down now all this comes as the u.s. canada and mexico are attempting to renegotiate the north american free trade deal or nafta which could also be impacted by the dispute over tariffs. the nafta partners were all smiles in mexico city but then the u.s. repeated its warning it could walk away from the longstanding free trade agreement . as president. we hope for
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a successful completion of these talks and we would prefer three were part of agreement that proves impossible we are prepared. if agreement can be resolved because there was clear anger at trump's new tariffs and a warning that there was more than just trade at stake. and 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 the 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 president is adamant those and i don't think you're going to have him no trade war actually i don't think trying different if i don't think you're going to
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have a trade with our history we think it may be trumps idea of a tough opening gambit the art of the deal but for now his tariff threats of worried allies and corporate leaders like. it and we could talk to holocaust meeting now the chief economist at bear bank called it appears the president is adamant about his proposed terrace for imported steel minium do you think though that he could be using this to leverage about enough to deal as he has suggested in past. that is probably one of the many motives behind these tariffs the major motive is probably simply to prove his bayes the angry voters who think that america can get lost glory back by rebuilding the steel industry that would only be competitive on the heavy import protect. equity markets do seem to be recovering today from the initial shock of all that talk over
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a potential trade war and shares in hong kong closing over two percent hi what's behind that do you think. we fortunately see that even among us republicans there is significant resistance against these tariffs that donald trump wants to impose while trump will probably impose at least some of these tariffs impose them on some productive stephen of the minium this resistance from republican suggests that trump is unlikely to go much further hence the risk of a trade war that loomed so large late last week seems to have receded a little but as you point out their whole trunk will likely impose some tariffs and we know then that the european union has readied simm tariffs to go back in the direction of the united states so if we end up entering trade war territory how damaging with that before the german industry if we had a number of run of escalation of the escalation after escalation that indeed would
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be damaging for the world and it would be most damaging for those countries that rely heavily on exports to the world and that of course includes a very prominently germany for germany in a way the risks in this are even greater than they are for us consumers. meeting chief economist baron burke bank thanks for your insights you're welcome thank you . now the auto industry likes to celebrate itself at the geneva motor show this year is no different with sales expected to rise but after the federal administrative court in germany allowing diesel bans in city centers manufacturers and now fear fearing that diesel diesel appeal will continue to decline new and diesel cars can be brought on sale with high discounts and while the industry is investing billions in alternative transport electric vehicles have only been on the
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market a short while. this is how folks fog and imagines a future radically different diesel free and completely electric the luxury sedan is the full the model to mark the corporate brand new direction in twenty twenty five to fully autonomous id vision will be able to drive seven hundred kilometers on just a single charge no steering will required. that is billed as why it is and continues to be a cornerstone of our strategy in the next five in ten years or maybe in fifteen years for the long stretches diesel will stay. in the on the use of crude language but they're pretty gross and it's going to. push as easy to stretch got some quickly abandoned diesel cars from that program now the company is focusing on only two things racing cars for the road like the nine one one g t r rest with a five hundred twenty horsepower petrol engine all electric cars to brandish trying
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to woo the deep pocketed customers of american electric pioneer tesla. google isn't so important for porsche in two thousand and seventeen percent of the vote was about twelve percent worldwide. for future we will throughout the world will have. millions of diesel cars still on the streets of europe the emissions conversation could cost billions of euros. clobbered us the industry which would be well advised to look into the background of an imminent driving ban and the customer losses it could bring i would suggest developing a policy for any modifications needed so the customers are not left shouldering the costs of those who align so here we are not. for years diesel has been a billion dollar business in the e.u. but as the geneva motor show makes clear its dominance in europe could be about to
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end. and our correspondent do. it the geneva motor show for us good to see that we just heard in that report that diesel dominance is about to ed what a comic is telling you all they worried. well really it depends on who you ask now for the most part german carmakers are still seeing the praises of diesel which is unsurprising considering how much they've continued to invest in the technology even up to down now just as an example late last year birthday he spends invested a fresh three billion euros in developing new these all tech there are unlikely to forego any kind of return of investment now others like porsche mentioned there in the report now they've actually adopted a more noncommittal approach they're dropping these old sopra now but they've also told me that they may or may not release a diesel cayenne in the future so they're both there is to save wait and see and other carmakers as such have also said that they would drop diesels from their line
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of completely like reportedly chrysler and as we heard today to yoda yes to some calm a kid is saying a little bit coy you did mention toyota and outsing it's completely withdrawing from the european diesel market how is that being regarded how's it going down. well that actually wouldn't be so controversial considering that these all sales have been waning but you have to bear in mind that to you know to has a financial relationship with the d u h d u h of course is the environmental activist organization that was the driving force behind these all driving bans in germany so if i could line that up for you if you h. has accepted money from toyota. says that it's dropping its these all bans after driving bad have been made illegal in germany so when i want to tell you know to earlier with this line of questioning they said no those things are not at all connected that any money that i had ever given to you age in the past was the
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result of an environmental studies they commissioned they had paid consultancy fees and out their decision to drop these was mostly consumer driven so they say that but it still raised some eyebrows around here. in geneva on the story for us. well the head all the japanese steelmaker kobe announced his resignation on a cheese day that was off to the firm submitted false strength in quality data for products shipped to hundreds of clients around the walls. your resignation was safe for the blow to japan's corporate reputation off to similar quality control scandals have hit industrial titans ranging from nissen to mitsubishi the fake qualities to figures issued by kobe affected materials sold to some of japan's biggest manufacturers including or to make his toy or to honda and master as well as put it to train all right is jr tokay and all the rest.
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and a recap of our top stories for you on business the u.s. trade tariff dispute is ramping up and within the republican party u.s. president donald trump faces pressure to rethink his plan meanwhile canadian and mexican after negotiators have been left scratching their heads over the mixed messages coming from washington and that's the latest here from business to more head to our web site d w dot com you can also find us on twitter and facebook and that as well helena c humphrey my handle right now here's a look at the world markets i'll be back in the next hour with more.
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celebrating the men who broke new ground. in the arts. sports. innovation. and. women pioneer our series for international women's day. next time. they make
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a commitment. they find. they inspire a. africa. stories from both people making a difference shaping their nation playing on their continent. w.'s new multimedia series for africa play. dot com africa on the move. barely. scars some place the pain still tangible. the suffering for going. through cities and. they have survived do they also have a future. i really understand people who say they do want to stay here. but i also admire people who want to stay here and who decided to create something
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. in peace time what needs to happen if tolerance and reconciliation are to stand a chance darkness cities after more starting march tenth on t.v. . w. everyone welcome to the show today we'll take a look back at the oscars here's what else is coming up. a labor of love success.

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