trump star of tirade is exposing rifts in the republican party but can the president really just push through tariffs in the face of such opposition we'll ask our man on wall street also coming up the geneva motor show kicks off it's supposed to be a celebration of all that's new but is it rather explodes in the sluggishness of an industry that resistant to change and the dark side of doing business in hungary corruption charges mount against prime minister viktor orban and his family we dig deeper. i'm daniel winter and this is your business update it's crunch time for donald trump as members of his own party call for clarity on new steel and alan minium tariffs he says the e.u. has made business almost impossible for us some have dismissed his comments as bluster and a bargain in tactic where they use already announced a hit list of counter tariffs which targets key republican districts plenty of reason then for politicians to take the president's threats not just seriously but

personally. so the top republican in congress urged the trumpet ministration to take a more targeted approach to protective tariffs paul ryan's suggestion comes as a number of republicans break ranks with the president's plan to slap sweeping import taxes on steel and aluminum there's clearly abuse occurring clearly there is overcapacity dumping intrinsic being of steel and aluminum by some countries particularly china but i think the smarter way to go is to make it more surgical and more targeted. ryan called president donald trump's plan to terrorists too broad and prone to retaliation instead he proposed going after what he calls the true abusers without setting off a global trade war some republican lawmakers fear a tit for tat could hurt their chances in midterm elections this november many of them represent constituencies that might suffer job losses from retaliatory tariffs against u.s. products. and thence called as

a wall street forrest yes is there anything that this opposition could amount to i mean could politicians force trump to give up his tariff plan and i think it's important to look at the legal side can the u.s. president by himself impose tariffs and answer is yes he can he has the authority and what's called congress to do it well they could challenge this decision but that would take time and so the jots answer this donald trump could impose those tariffs and if he would get challenged by congress that would take quite some time and if we listen to the president here on tuesday at least at this point it does not really seem that he is listening to what paul ryan and other politicians are saying in washington at this point on the side it has started voting on repealing banking reforms that were introduced after the financial crisis so what measures are they looking at introducing exactly. yeah there was

a important to vote here on tuesday and that pasta rather easily so far bangs was over fifty billion dollars were considered to be too big to fail and have to follow rules calling lee now this limit pretty likely it will be increased to two hundred fifty billion dollars meaning that a lot of small and midsize bangs regional banks for instance will have a much easier time to use their capital and let it work of there might be some opposition to it but overall and maybe the regulation that we had after the financial crisis was a bit too strict so that's probably going to change pretty soon usually in the grip that wall street. thank you very. it's this is geneva motor show gets underway with the industry shaping up for one of the biggest

transitions in its history the pivot from petrol to electric power but it's a revolution in slow motion some observers say the industry is still proving resistant to inevitable change. this is what britain's jack you were is offering up in the race to electro mobility the high pace is a battery operated s.u.v. which the company hopes could put it in the same category as us electric drive pioneer tesla. but not every car maker in geneva is ready to go fully electric the new eighty six rolled out by german car maker al di features the miles hybrid power system its main focus though is on attracting buyers who can afford to pay for luxury. expensive glossy cars with the knowledge to increasing environmental awareness and frank elation but when it comes to real innovation this year's to an even motor show has

left some experts disappointed roguery current to see all the ice so call it you know is all we are so it's your reason their power than ever before some electric cars but no really new concepts around mobility services that what we are missing again at the geneva motor show there was one notable exception though does company paudie unveiled the world's first ever commercially available flying car and with the first deliveries expected later this year the contraption certainly appears ready for takeoff. back on the ground toyota has profited from the recent diesel gate scandal last year the company's sales in europe rose dramatically almost doubling sales of hybrid cars in the e.u. now toyota is going all in by scrapping production of diesels but just as european car companies are making a show of switching to electric as a cleaner us also than a cheap shot and these manufacturers attorney to hydrogen. symbolically unified by

a common goal many of japan's business leaders are taking part including the c.e.o.'s of tri yota conda and nissan as well as the c.e.o.'s of oil and gas companies the twelve companies plan on working together to make hydrogen the fuel of the future coinciding with the meeting toyota announced a complete stop to diesel sales in europe it's the company's reaction to the diesel emissions scandal triggered by vox wagon in twenty fifteen since then diesel technology has lost its positive image especially due to its polluting nitrogen oxide emissions so far toyota has profited from the diesel affair last year the company's sales in europe rose dramatically and it almost doubled sales of hybrid cars the japanese now intend to take advantage of their expertise and market share on the hybrid front an area where toyota and honda are way ahead. shares in telecom share lines to fall into a five month low off the company posted disappointing quarter the figures techies

national carrier made a profit of around three hundred million euros last quarter that's about twelve percent less than analysts had expected the poor results were driven by higher than expected costs last year talking lines rose to number four and a traveler of the top global airlines. a month before hungary's general election accusations of government corruption a growing louder among the prime minister viktor obama and his associates may have been rich themselves by systematically procuring e.u. funds for infrastructure projects according to the european anti fraud office the son in law of the prime minister benefited from construction contracts financed mainly with e.u. fund it's. the only destry lampson near the hungary and capital budapest were mainly financed by the european union. but residents are unhappy about the illumination they say it's too dim and that hundreds of more lamps are needed and they founded the citizens' initiative to shed some light on

the problem. that 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. 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 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 as worker program as. 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 realize that in hungary e.u. funds are handed out directly by the government. another case in viktor

orban so hometown of felt shoot involves a much publicized soccer stadium direct thirty six says he'll funds were fraudulent lee diverted to build the stadium and a nostalgia railway line in the area both construction projects benefited lawrence messara seen here on the left of the picture he's organs childhood friend and mayor of the village. some of that money is going to leave your friends and relatives of the prime minister or his inner circle and then be ready for all of the real 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

politically motivated by the opposition. the hunger in judiciary was tested and we have to pass that test be off of the european institutions and they clearly state that hunger and tradition is independent and it's up to the standards of the european union. hungary 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. chocolate maker linda lee says its biggest fans live in germany and britain the company's profits rise last year thanks in part to the sweet tooth the both those nations but they weren't the only countries feasting on the company's famous golden bunnies global net profits were up almost eight percent on twenty sixteen while wide sales at an all time high with revenues of nearly three and a half billion euro. sweet and to another business update if you

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of freedom freedom of art. a multimedia project about artists and their right to express their views freely. d.w. dot com art of freedom. good. news. hi and welcome to a special edition of kino favorites today we're talking oscars the u.s. academy awards are cinemas gold standard the movies that win an oscar are almost by definition the best in the world except the oscars often get it wrong over the years some of the world's best films films that.