crunch time for transatlantic trade relations shortly before u.s. president donald trump's threat of new tariffs becomes reality europeans try to avert it how likely is their last minute success we'll get the word from brussels also making money with health care germany's siemens lets its medical equipment division go public and investors really look forward to healthy profits and saturday's cent patrick's day we'll let you sit on ireland's most famous stout. this is d w business i'm christopher caldwell welcome to the white house says there is a more flexibility u.s. president on the trump is negotiating with a number of countries over possible exemptions to new u.s. import tariffs but they didn't clarify which countries are involved now there's no time to waste

a week from now increased tariffs on steel and aluminum are set to come into effect meanwhile e.u. officials have prepared in this of us produced items that could face levees in return. the u.s. economic hit list is pages long and includes american favorites like corn peanut butter whiskey tobacco jeans and motorcycles products worth in total two point eight billion euros in annual trade says brussels the list as a reaction to u.s. president donald trump announced tariffs on steel and aluminum that the european union says flies in the face of evil u.s. relations. with the tariffs that the united states has imposed are against these principles of the world trade organization and they want to change or solve these problems by discussion as possible. which is why germany's new economics minister pay to it maya is traveling to washington on sunday followed by e.u. trade commissioner cecilia mines through both hope they can convince u.s.

officials to exempt european products from trump's terrace. earlier i asked our brussels correspondent bob or over his all about the likelihood of success for the last minute efforts to avert these terms not very likely kristof because there has been a paper circulated by the european commission is secret paper but of course most papers here get leaked one way or the other where it's where it says that everybody who's flying to washington these days led to go off all hope more or less so i don't really believe that you can change things to friday but get ready to sort of get into the action and start thinking about the content measures and that's why we now have the concrete list off the table just across the board of american production and produce bought it targeted of course because if one looks at it more closely some states where there are republican governors and senators in place but

there's a strong republican majority somehow get a bit more of this they're not there's let go of all hope certainly not the brightest of prospects there what does this tell us for the even some adults taking place at the end of next week. it's very high this issue of the trade war the looming trade war was donald trump and the united states a very high on the agenda because as it happens and that really is sheer coincidence and friday the summit will still be going on it's beginning thursday evening so this will be like the first things that heads of state and government talk about want to do how to react they are very unified at the moment because everybody understands that you have all everything to lose if you would sort of get divided up and play into trump you know sort of accepting maybe an exception here for somebody or an extension there for somebody else so we stay together say the europeans and we just really have to sort of link arms stay strong and the

terrorists will be go the terrorists will go into will get into force in ninety days after the w t o has the notifies to notify the european say we are going to play according to the rules strictly correspondent barbara vessel in brussels thank you know here in germany siemens has raised over four billion euros in an initial public offering of its health amir's med tech business the market launch was one of germany's biggest in recent years and this part of siemens c.e.o. joe quds force major retooling of europe's top engineering company. the mood was buoyant as help in years shares started trading siemens is reinventing itself for the future and spending often on core businesses is part of that strategy. siemens is probably best known for gas turbines and power plants. but c.e.o.

joe kayser likened to us company to a giant tanker ship that he wants to turn into a fast moving fleet they have the near-side p.o. is only the latest move into that direction siemens is also in the process of finalizing the merger of its rail division but francis sought stone last april that combined its renewable energy unit but spanish wind turbine make. these spinoffs allow investors to buy targeted chairs and specialists companies and set up a diversified conglomerate it's also easier for individual businesses to cut costs in health in years case saving an expected two hundred forty million euros. the stock offering was one of germany's biggest in recent years siemens hopes to small the ships in its fleet will maneuver easier and grow faster.

earlier my colleagues. see or talk and she asked if this was the right time for an i.p.o. given that it's not the most certain of market environments currently. definitely yeah because i mean this is not about selecting though the perfect timing this is this i.p.o. was a means to an end it is creating the biggest me tech company in europe it is creating the biggest company globally is there to make health care provider successful we have a long way. think in long term this is a major milestone. i think today short. term. speaking there now shares of snap tumbled for a second day on friday that after a celebrity singer rianna told her fans to delete snap chat the company's social media brianna spoke out after snapchat ran an ad for a game which poked fun at the violence she had endured in an abusive relationship

she denounced snatch after her sixty one million followers on rival platform instagram snapchat apologized and took down the ad but rianna refused to accept the apology. marcus many of scorn in new york when was the last time you saw a singer move the market. well the bright worlds of social media but actually i don't have to look that far back because just a couple of weeks ago reality t.v. personality kylie jenner made a post on her twitter account saying that she's not happy with the new design and layout of snapchat and that actually cause there's talk to drop seven percent just a couple of weeks ago but what we're seeing right now is pretty mess of just on thursday it lost a good six hundred million dollars in market cap and now on friday the stock

dropped below its i.p.o. price of seventeen dollars a piece so some mess of moves that those celebrities are causing in the world of social media and in other news carmaker ford once almost exclusively go hybrid tell us more. it's certainly a very big step but especially if you look at north america business has not been stellar for ford last year in north america profits dropped by seventeen percent and now they want to go all hybrid and electric latest by twenty twenty one actually wants to become the number one hybrid car manufacturer and soy toyota and they specially want to focus on s.u.v.s on pickup trucks and also some muscle cars like a mustang because those are much more profitable than your regular car court in new york thank you. every march the world turns green at least for one day this

saturday is sent patrick's day the day which celebrates ireland's patron saint and it's the day of the guinness brewery celebrates its most famous product their stock is available and one hundred eighteen countries and that is more than the number of and the seas ireland has. every year more than one point eight billion pints of guinness are sold around the world that's more than enough to fill four hundred olympic swimming pools the storehouse said since james gate in dublin has been home to the world famous stout affectionately known as the black stuff since seventeen fifty nine when arthur guinness signed a nine thousand year lease on the property for the princely sum of forty five pounds a year nearly two million people from around the world visit each year to pay homage to the beer that's become synonymous with sin patrick's day celebrations. i really like her treat her so we thought that they stay here but it's clear that

there is what parents always told me i'm irish so i made the trip over from the united states a lot more perfect time of year to come over to say but just around the world this saturday the black stuff will flow for sin patrick's day and three hundred landmark buildings across the globe will be lit up in green the irish national colors. the same patricks and guinness is synonymous with each other dubbed in the guinness are synonymous so where else would you want to be but here in the home of guinness celebrating st patrick's day on st patrick's day which around seventy million people celebrate around the world everyone wants to be irish on st patrick's day of course send pats day is a message marketing opportunity for the company and to take advantage of that they are displaying object really seen by the public including the first known copy of a recipe for export from eighteen no one. but revelers on saturday will of course

be hoping for a fresh a brew. and that's our show i'm also have a cold one myself from me and the entire business team here in berlin thanks for watching and africa. was.

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