trump's tariff 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 that supposed to be a celebration of all that's new but is it rather explodes in the sluggishness of an industry 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 alum in the i'm tariffs he says the e.u. has made business almost impossible for us firms 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 is clearly abuse occurring clearly there is overcapacity dumping in tranship ing 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 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's listening to what paul ryan and other politicians are saying in washington at this point and the senate 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 tend 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 maybe the regulation that we had after the financial crisis was a bit too strict so that's probably going to change pretty soon nation in the grip that on that wall street quarter thank you very much it's 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 are is offering up in the race to electro mobility the high pace is a battery operated s.u.v. which the company hopes could push in the same category as u.s. 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 carmaker algy features a mile high paid power system its main focus though is on attracting buyers who can afford to pay for luxury. expensive glossy cars with a nod 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 robey current to see all the i so-called you know is all we are so it's your research power that 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 grounds 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 source of energy japanese 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 trio to end honda are way ahead. she says intel lines of fall into a five month low off the company posted disappointing quarter the fake its techies

national carrier made a profit of around three hundred million euros last quarter that's about twelve percent less than analysts had expected but the results were driven by higher than expected costs last year talking lines rose to number four and a travel of the top global alliance. 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 a you funds for infrastructure projects according to the european and the fraud office the son in law of the prime minister benefited from construction contracts financed mainly within the ufa 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 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 i was work the 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 realize that in hungary you funds are handed out directly by the government.

another case in viktor or bonds hometown of felt sure that involves a much publicized soccer stadium direct thirty six has a new funds were fraudulent lee diverted to build a 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 the mayor of the village. some of that money is going to leave their friends and relatives of the prime minister is in our circle i mean be ready for all of the real several examples of. the stuff that direct thirty six say that up to now hungary 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 of 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 the early three and a half billion euro. a sweet and chilling out of business update if you

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a long list. of the most traditional. minded all at any time. check in with a web special. take a tour of germany state by state on d w dot com. the freedom of expression. of value that of ways has to be defended and knew. all over the world. of freedom freedom of art. a multimedia project about artists and their rights to express their views freely. d w dot com or the freedom.