tv Business - News Deutsche Welle March 13, 2018 6:02am-6:15am CET
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jittery executives meet in germany as the country faces major disruptions to its steel exports but a top eight you official tells them he is confident they will be exempted from new u.s. tears meanwhile in brussels french economy minister bruno lemaire tells us what europe needs to do in confronting a potential trade battle with the united states and in nigeria we find a hot idea that is helping farmers to keep their cool and their produce fresh or fork or. business on crystal kolber welcome the vice president of the european commission france timmerman says he is confident e.u. steel shipped to the united states will eventually earn the same exemption status as canada and australia to amends made the comment at a gathering of european executives in the german town of dilling in home to one of the country's biggest steel producers. steel has been dealing ins life blood for
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over three hundred years here over five thousand people are employed by the steel mill that dillinger. and many are worried about their jobs american tariffs would have real world consequences here in sa and the mills parent company to the first components to u.s. manufacturers like the automotive industry. anscombe school software is doing is a huge mistake with his tariffs dillinger exports a lot to the u.s. troops going to have second thoughts about all of this being. about and. it's not ok you can't make any progress with him diplomatically and it requires drastic measures you have to do to him what he's doing to us then we'll get a better deal. economic reprisals are on the agenda as industry managers politicians and employee representatives discuss the future of the european steel industry but the president of the european commission says they are a tool of last resort and hopes to find common ground with the u.s.
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we have on the field we want to make sure tariffs aren't put in place we want things to stay the way they are there's no reason to introduce tariffs that's our position the people here argue trumps tariffs shouldn't target e.u. produced steel which they say is high quality and few other countries can supply. the message from politicians industry leaders and workers here in delhi and was very clear we produce the best steel in the world and we do it in line with international routes but despite the confidence they know it's hard to argue racially with donald trump over a policy that's similar talk that came out of brussels on monday the european union stating that europe would not waver against what it calls trade bullies our correspondent caught up with the french economy minister. minister you are very concerned about a potential trade war with the u.s.
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what do you say the e.u. has the necessary leverage the determination to avoid such a scenario yes i'm deeply convinced that we have as your pan the leverage and i think also the determination to. to the last decision of the president trump we have to do our best to avoid any kind of trade war between the u.s. and the e.u. because it would lead nowhere and it would make only loses but we have to think about our response to the decisions of president trump i think of there are a set of on susan responses on the table the first one is to have countermeasures to explain to the united states that we're ready to take the same kind of decisions to answer to the decision of the trump and we also have to think about the answer and of homework of the w.t. all of the g. twenty so it's a longer term negotiation and you are looking at not shortly slapping tariffs on
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your u.s. products you're right because you know if you want to be respected if you want to be lessened by idea american in nutrition we have we european countries to be strong we have to be united and we have to abide by our common and by common values we believe in muti to terrorism we are all of you that's protectionism is not the right on search to the difficulties that we have with the overcapacity in steere and we have to explain that very clearly to our american friends including by taking the necessary measures to respond to do the very last decision of the trends of nutrition thank you very much and thank you thanks mr. so the french economy minister bruno lemaire speaking to our
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correspondent go there so here in europe the discussion about how to deal with the threat of higher terrorists is waging let's bring in our markets many unscored in new york what's the latest on your and u.s. president donald trump or tweeted on monday that commerce secretary will be wroth will be speaking with representatives of the european union talking about eliminating tariffs and barriers used against the u.s. side so what we might see is some concessions from the side of the european union to avoid those tariffs on steel an aluminum if that supposed to happen and we don't know when those talks actually will take place then the u.s. government to a certain degree would have one but the clock is ticking we will see those terror of starting on march twenty third and we will see of time runs out to those tariffs can be avoided in the first place or if they will kick in and then talks
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will continue later now canada is the biggest supplier of steel to the united states and now the canadian prime minister just introduced says basically it's all the fault of the chinese would have been dumping steel on global markets what do you make of that yes. i would say that in general justin trudeau is right because what happened to many years ago is that china did flood the world with cheap steel the u.s. for example responded to already under barack obama and for former administration tariffs on chinese steel and that cuts the steel imports from china to the us to a minimum but the steel was still on the global markets on the world markets and that caused overcapacity is in countries like canada and also some european steel rebar producers and they had to see what they could do was there overcapacity and then they started selling this steel for a dumping price or to the u.s.
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or yes it seems that the core of it all actually does go back to china he has caught in new york thank you only a few things are more frustrating to produce farmers than seeing their harvest rot away because they cannot sell it and it can take a big bite out of profits to farmers in developing countries regularly lose a quarter of their annual income because they can't refrigerated their produce a small company in nigeria is now using the hot sun to keep fruits and vegetables fresh. produce looks fresh in juicy but once it triples or rots it won't sell and the vendors won't make any money. in countries across africa it's almost impossible to keep perishable produce in good condition because of the heat in developing countries a major cause of food spoilage is the lack of cold storage. has come up with an
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ingenious and affordable solution to the problem his company called hubs is based in a weary in the south of nigeria. there's a new social enterprise that actually designed. installs solar powered walking called rooms. use just called rooms to extend a chef life of food from two days to twenty one days these are completely solar powered so they are very well designed and robust for installation in the farm and in the markets because cold rooms are solar powered and they can operate off grid that is where there's no electricity available out of a socket and for the same reason they were environmentally friendly. in the daytime. and in the night we switch to the batteries so just a twenty four. completely of the great the cold rooms are well insulated the
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temperature inside is kept at my degrees celcius farmers and retailers can store their fruit vegetables and other perishables and that's lengthen their shelf life allowing them to sell a greater share of their wares make more money and reduce waste a cold hobby is up and running at a market in a wherry stall holders are pleased they say it's made a welcome difference it's evidently worth their while to pay the storage fee. zirin runs the cold store the fruit and vege that aren't sold one day spend the night here and are then taken out and put on display again the following morning. the cold company hires only female staff to run it's called rooms to help boost employment for women the hub is a success she window is busy. as. many . huge potential to grow its business across the vast
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african market the company estimates it could build and sell up to twenty thousand units over the next ten years. a high level panel of experts has released a new report on tackling the economic and political dangers posed by fake news the european union's commissioner for the digital economy said the recommendations were . in the run up to the e.u. elections next year the panel recommends and hansing transparency of online news promoting media and information literacy and developing tools which enable users and journalists to tackle this information the group also stressed that censorship must be avoided at all costs that's a show if you want more false on social media or check out our website that's d w
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go into an official estimates more than one point two million venezuelans even colombia. why i've returned to. visit friends i don't think i'd ever go back there to live you know what i live there again i don't know so i'm not sure. bearing witness global news that matters to you made some minds. take it personally you went with a little bit wonderful people and stories that make the game some special. federal troops. because more than such online. the world population is increasing the climate is changing it's getting warmer and
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there are going to be more and more places where you cannot grow traditional problems we have to fix this from the white to do that is to use the modern genetic modification methods to make better crawl it is a lot safer than anything we've done by traditional kinetic modification you take one journey you know exactly what it is you put it into another plant to come out exactly where it's gone i think we will be able to provide enough food for people by twenty fifty if we can make crops that will grow under semi arid conditions this will achieve a much greater stability in the food supply that we have at the moment.
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