donald trump announces massive tariffs on imports of steel and many of the tariffs reportedly to take effect in say fifteen days time. do what you love the money will follow the tell you just and now she had a shipyard the plants multi-million euro contracts. for the food style a chinese company read just a small peyton's in europe than any other company. but if this is your business update come to the program it's official the united states is to slap massive tariffs on imports of steel and donald trump's announcement follows weeks of speculation. warnings from top economic advisers that to move could spark a global trade war trump invited steel blue eyes house for the announcements to tariffs are reportedly take

a fact in fifteen days time mexico and canada is currently negotiating a trade agreement will be excepts from for now from sas individual countries are free to negotiate their own exceptions. all right let's good more about this that's. financial correspondent in new york yes this move was really highly anticipated by a donald trump just what exactly has he signed off on. you know well and there were really some harsh words from a u.s. president donald trump calling the reason to trade to practices in assault on the united states and even if he is inviting all countries to negotiate i'm not quite certain how that's going to work out if you take the european union for example it's not necessarily the fastest moving body and well those tariffs will

kick in in fifteen days and even when it comes to canada and mexico yes they're exempt for now but also did a lot depends on the nuff the talks and donald trump made clear that there is still a certain chance that he might even get out of nafta saw a lot going on at this moment and then comes to the markets what's happening there how did the markets react or was it already sort of calculated in the markets yes some of the news we expected for example that we will have terrorism twenty five percent on steel and ten percent of medium and also that there will be some exemptions also was to be expected but still the market reaction is a big surprise to me because pretty much all week long the market actually traded to the upside then the same was true here on thursday we will see how this market stays because now the ball is on the side of countries like china or also of

the european union so we will see how they react on friday and we will see then if the market remains calm because trading war is certainly still in the cards and thank you so much for your reporting from new york. and while trump towelettes his unilateral import tariffs his neighbors canada mexico and nine other pacific rim nations are lowering trade barriers they are opening their markets for . a free trade agreement which trump rejected taking office representatives of the eleven countries math in the chilean capital sunshine go to sign the comprehensive and progressive trans-pacific partnership c p t p p. these eleven countries believe they can regulate their markets without the united states on thursday their representatives gathered in the chilean capital santiago to sign

a landmark multilateral free trade agreement the comprehensive and progressive transpacific partnership or c p t p p eleven signatories which do not include the u.s. and china represent a market of half a billion people and account for nearly fourteen percent of global economic output . we believe that by making trade real for people making sure that our trade agreements provide a real tangible benefit to all citizens in our respective country in this c.p.t. pete our region will benefit certainly the whole region but also will make trade more appealing more appealing because the deal says tariffs lowered or eliminated on a wide range of goods it's also designed to regulate a number of labor rights issues and environmental matters. the right to vote equal opportunities the same pay for the same women around the world have been fighting for these rights for well over

a century as some milestones have been in chief but many have not here's a look at germany. women in germany i'm less than men sometimes it's for the same job but more often than not it's because the jobs they get paid less there are still not enough women in managerial positions often because women and women have to work in part time job so they can take care of the family for example the situation for women is and he was in a stand here in the czech republic in germany women almost twenty two percent less than men the average pay gap in the e.u. is around sixteen percent and statistically it's he has the smallest pay gap of five point two percent. less pay and part time work has a devastating effect in many ways the less money a woman is in a career the lower half pension is the number of women in germany who are in danger of reaching fold age and poverty has risen within the last ten years. and staying

on the topic french companies will have three years to raise their gender pay gap sort of face possible fines so says prime minister and there was a special women's day message law will now we take action lysine up the eiffel tower the government saas it's time to implement the french law requiring equal pay for the same work it's been around for forty five he is but the government men are still paid on average nine percent more. a woman has the oldest shipyards here in germany and it's a tough job she took the helm. following the venerable german ship builders bankruptcy and pitches. shipyard she still gets us house through the crisis with servicing entre paperwork now it's building its own boards again.

despite severe winter weather work at the palace the test shipyard is going according to plan director and that's hardly a dean is happy that her two hundred thirty employees have plenty to do. this ferry needs to be fairly repaired service from the flooring to the new engine. dean is a fan of passenger ships large and small. and it's not just for her job it's a personal enthusiasm. faraway places romance adventure things you connect with the ship and now i know what they're made of and yet. natalia dean took over the helm in hamburg four years ago it hasn't been an easy job pella shipyard in st petersburg had purchased the insolvent shipyard and brought the below roof born manager on board. the factory holes were empty but well equipped. it was all quite cutting edge and very

big it was immediately clear to us that we could build up a second site here. and. builds entire ship parts and supplies them to other ship overs that means the machines have stayed active even when the company didn't have orders for its own ships but the long term contracts have proved a hindrance. that's. what you see here is a lot of steel work which pays correspondingly less. what we want is to offer products with added value which customers are willing to pay for and that's how that's. just outside. the added value is mainly provided by the engineers who designed the complex vessels. has just delivered its first new build two more are under construction now tell you. dean is especially proud of an order for

a suction dredger worth ninety five million euros. and closest we get. big project like this means that the shipyard is fully operational that we have the necessary know how that we have the engineers and that we've got our production up and running small scale projects anyone can do those who eat up. the test now employs more than seventy engineers and their know how is needed. the shipyard has just received another big order for a ferry powered by liquid natural gas. for the first time a chinese company has applied for more patrons in europe and any other company tech company while wife followed almost four thousand applications to german rivals are also the top ten. coase new notebook hides its camera in the keyboard the feature is intended to protect users from model wear that activates

webcams without users' knowledge the chinese company is hoping innovations like these will help raise its profile its upcoming smartphone due for release later this month is expected to feature artificial intelligence. no surprise then that the company tops the list of top locations received by the european patent office last year. german technology companies siemens came in second rising from six places the year before. and south korea's l.g. and samsung came in third and fourth respectively. the only other german company on the list was automotive supplier bosch though it only made it into ninth place so asian companies have got the pressure on their european counterparts when it comes to peyton doppler cations as well as an every day business. that set you up today for the latest from the world of business for more find us on

facebook follow us on twitter at the school business or on a full charge right now here's a look at the world markets thanks for watching. click

submit a. link to. the old story link to exceptional stories and discussion. of easy it's our website d w dot com still to come join us on facebook for go. learn german with. any time any place. whether with jo-jo and your friends. it's tough to deal. with friends all over the world. online and interactive. german to go. learn german for free with d w. to. everybody america needs five point four i'm still urse the prole by

what we need to look at china thailand india every country is moving along deposit so very clear for everyone what the automobile for you will claim there will it be you'll be been. told waiting for the treasury concerned. in the hours ahead to know maybe. to go we have to rebuild and i decided it would depend on the property transportation we can walk together and make that everybody had to depend on that high consumption play play play .