tv DW News - News Deutsche Welle March 22, 2018 9:00pm-9:30pm CET
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this is. from berlin tonight targeting china with the tariffs and he was president donald trump the white house is slapping sixty billion dollars worth of trade tariffs on china in retaliation for alleged theft of american intellectual property as for europe trump says those fears and steel tariffs are on hold for now also coming up with european leaders meeting in brussels with a trade war no longer eminent threat to european leaders are refocusing on brecht's
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it and the real risk of not reaching a final deal on britain's exit from the e.u. . plus france's powerful trade unions bring the country's transport network to a standstill as in protest at the new labor reform. i bring golf it's good to have you with us tonight u.s. president donald trump is keeping his word on trade and he could be starting a global trade war in the process today he unveiled up to sixty billion dollars in trade tariffs targeting china for alleged theft of intellectual property it's a broadside beijing has already said that it will retaliate against and it comes on top of tariffs on steel and aluminum that go into effect tomorrow. u.s. president donald trump is always good for
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a surprise on thursday he did an economic about face and decided to spare the european union from a tariff levy on steel and aluminum at least for the time being we are just starting a negotiation with the european union because they really shut out our country to a large extent they have barriers that they can trade with us but we can't trade with them they're very strong barriers have very high tariffs we don't it's just not fair. that in the senate committee the u.s. trade representative had earlier announced the names of the countries for which president trump would defer import duties. we have we have the two nafta countries which we know where they are we have europe we have australia we have argentina we have brazil. oh and obviously korea where we're negotiating the course he took particular aim at
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china hitting them with tariffs of up to sixty billion dollars of imports in retaliation against what the american see as the theft of american intellectual property. are going to go now to washington our correspondent claire richardson is on the story for us tonight good evening to you claire so we know president trump is already. tariffs on many countries including china so why are we seeing the u.s. now singling out beijing for further teens. well brant it's a fairly wide held view among business leaders here in the u.s. that something needs to be done about unfair trading practices by china and how it's flooding the market with steel and aluminum but the reason we're seeing these tariffs come into place now is because the u.s. just wrapped up an investigation that says that it says shows the chinese state used hackers to steal business secrets and gave american companies unfair positions
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in the chinese market so what's so hard of our show about these tariffs is that they're sweeping that they could provoke retaliatory measures from china and ultimately result in a trade war between the world's two largest economies i mean that is the big words you know i saw a release maybe for the european union we found out today that the u.s. plans to exit the e.u. and other allies from steel tariffs what more do we know about that right will the u.s. trade representative said today that the e.u. is going to be initially exempt from the tariffs that are set to take effect tomorrow that's going to be a big relief for the e.u. but a temporary one their status is still going to depend on further negotiations and remember these tariffs were in many ways more controversial and europe has been scrambling to find a way out of them for the u.s. what it means is that if there is the potential that the potential economic impact of the tariffs is going to be much lower. and when we look at all of this how much
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support here we see us for as the draw enjoy or use in the united states that whole for these trade balls. well the tariffs on aluminum and steel for example are very popular among labor unions and in the rust belt states where steel workers are hoping that they'll see this measure protect their jobs and in many ways and this is trump's effort to make good on his campaign promises that he's going to get tough on china that he's going to save american jobs but it could be devastating for u.s. consumers and some economists think that it's actually going to cost jobs for people who are employed in the steel and aluminum industries and as for the tariffs on china we've already seen threats of retaliatory measures that are meant to hit us industries like agriculture and punish states that trumps going to need to win re-election so we'll see just how popular they are once china makes its next move
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that's right in this midterm elections are not to far away either claire richardson on the story for us tonight in washington clear thank you very much. and stock markets do not like even the hint of a global trade war do they have the of course not and we're seeing the reactions immediately in the main stock markets because of course this will also impact the businesses the companies many of which have very strong ties to china as we know but i'll take it from me let's listen to our financial correspondent at the new york stock exchange directly and scott who has been following the story for us and the reactions as well so listening to the president if china will stop taking advantage of the u.s. if jobs will continue to rise if products from the united states will get protected against theft of peyton's tell me why are the markets down. donald trump said that china is
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a friend but his remarks didn't sound that friendly at all and both announcement could have huge implications on all kinds of industries we already heard the hybrid culture industry especially could get hit hard from some retaliation measures by china but that could also be true for example for u.s. carmakers who export quite a bit to china also when it comes to the financial industry chinese investors have pumped quite a lot of money for example in some u.s. financial institutions and the same is true for us to good knowledge of companies who might also not be able to get a lot of money from chinese investors in the futures or there are a lot of implications and therefore there's a highly negative reaction now against this is a step by step process we heard that there will be a thirty day period for stakeholders to provide feedback does that mean
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that there will be less tough sanctions in the end of sanctions for terrorists rather in the end or is it just to listen but not really take action. well i mean donald trump is well known for really be rough verbal lee and then trying to get a better a negotiation a position of that's also going to be the case when it comes to china remains to be seen at least walter reed seems to be very skeptical that in the end everything will play out well i mean the blue chips are down by more than seven hundred points a drop of almost i'm three per cent so it is pretty likely that something will happen and by the way we also got from the democratic senator chuck schumer some comments that in this case you actually applaud the u.s. president so obviously also politically there is some backing or some back up of four of those announcement that donald trump made here on thursday in regards to
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china so certainly a lot of uncertainty and that it doesn't really sound like there's going to be a nice and peaceful way out of it at least at this point a polarizing decision yet again thank you very much in costa with all the story with you. back to the business used later on now it's back to the big day in brussels to actually right have your e.u. leaders are trying to digest all drugs latest trade moves at a summit in brussels no breaks it is the main topic on the agenda there was relief that europe will be exempt from washington at least for now it's a coup for europe good news from the u.s. as the e.u. summit got underway few leaders had expected this but now they feel exonerated and see that european unity pays dividends. we have made it clear in the commission that we don't want to trade war which wouldn't help anyone and we made
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it clear that we are ready and able to undertake adequate countermeasures of the muscles and. first of all the e.u. presented a united front that's good and also a commitment to free trade and against protectionism. import them is worth since the beginning of the month u.s. president trump threatened to levy a ten percent tariff on aluminum and steel however after intensive negotiations with the european union washington will accept the e.u. as well as six other nations from the tariffs for the time being at least that's why these countries and their leaders are wary and are asking the u.s. to reconsider for the long term and not create any trade barriers. my wish at least is that we continue with the rules of international trade which are good for us all to say what would also be good for all of them is to come to further agreements with british prime minister to resign may she seems relaxed as talks
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turned to new relationships she also maintains that security even as a soon to be ex e.u. country has top priority. i will once again be stressing the united kingdom's unconditional commitment to the future security of europe and i believe that to get we can to ensure that we overcome the challenges that we will face there's no need to explain to the e.u. the importance of togetherness they're delighted that they were able to solve together at least for the time being a major trade dispute with the us and not individually. ard for more this is called over now to our correspondent max hoffmann he is at that e.u. summit in brussels first good evening to you max so i mean this is good news at least you know at face value if we don't have to worry about those tears here in europe for the time being can european leaders can they focus on other things.
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theoretically but of course a lot of the focus still is on those steel tariffs here and i'll tell you what the president of the e.u. commission didn't even want to comment on it just about an hour a goal because they wanted to verify this information to show who's you how much trust they have in what donald trump the u.s. president actually says so they want to be sure this is actually going to happen the way that we've heard it is going to happen but if it happens of course the leaders here are happy about it because many take this as a victory from the european union as a concerted effort over the week by lobbying in washington d.c. the people that are responsible for making the policy having a united front and in the end walking away with the exemption and will there be any consequences the you know assuming that there will be no trade tariffs. all the way the u.s. president put it this is just a phase a pause to negotiate more surprisingly the americans are expecting that this will
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be not business as usual but that things need to change the europeans of course see this exactly the other way politicians say that that needs to be things they need to be things that change within the european union europe needs to change its strategy when it comes to trade when it comes to investment i talked to one of them the head of the greens for that number that's and this is what he had to say we should really question or economic strategy and see whether we should not have some rebalancing and boosting total demand in order to make us less dependent on exports to the u.s. to the u.k. to china or any place else which makes or could. all right so we've got that is she max and then there's also the issue at this summit the poisoning of a former russian spy on british soil we know that the british prime minister she's looking to get backing from her colleagues there in brussels is she getting what she wants. we haven't seen the exact wording of the declaration at
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the end but what we do know is that there probably won't be any unconditional blaming of russia there will be a lot of it is likely that russia was involved there's a high likely there would because the only country we really have that says it's definitely russia is the united kingdom closely followed by france but if you look at the wording that i'm going to macro for example the german chancellor used the past days she's a little more careful so they don't want to be one hundred percent on this but at the same time they want to show absolute solidarity with the u.k. and look for the balancing act in the final declaration but we do know for example that i'm going to back in one of my call the french president and also the recent made prime minister of the u.k. already met and said yes full solidarity and we want to send a clear message to russia but what exactly that message will be will have to wait. all right our very own max hoffman at that e.u.
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summit tonight in brussels max as always thank you very much. here are some of the other stories now that are making headlines around the world a german court has sentenced an afghan refugee to life in prison for killing a teenage student in the city of freiburg far right groups had seized on the case because the defendant came to germany after being convicted for attempted murder in greece critics say e.u. checks on migrants are inadequate german lawmakers have authorized more troops for afghanistan the maximum number of german forces on the ground will rise to one thousand three hundred the expansion was approved because of the deteriorating security situation in the country the buddhist vary in afghanistan is part of the nato led mission resolute support which provides training and assistance to the afghan army. russia's ambassador to london says britain cannot be trusted in
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investigating the poisoning of an ex spy and his daughter alexander cold said that britain had accused russia of the attempted murder of sergei's cripple without presenting evidence he also said that russia could not take british accusations seriously because the british had a record of misleading the international community. we made mistakes that is what facebook boss mark zuckerberg has said in response to that data scandal involving his company and the data mining firm cambridge analytic of his statement on his facebook profile zuckerberg apologized yesterday and he promised users a new feature to turn off those third party apps now those apps which cambridge analytical allegedly used to harvest private information. it began with an innocent personality quiz and ended up with
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a fifty million facebook profiles being used to sway elections. now the question is why didn't facebook do more to protect its uses. the scientist behind the quiz says he is a scapegoat. did you know what they were going to do with it did you know what their interest was no i mean that's the thing i was pretty heavily siloed of anything as far as funder or clients i found out about donald trump just like everybody else they're going to give people more options than just facebook founder mark zuckerberg broke days of silence on the scandal admitting the company had made mistakes. i started facebook and at the end of the day i'm responsible for what happens on our platform we will learn from this experience to secure a platform further and make our communities safer for everyone going forward.
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he's promised to make it easier for users to manage their privacy settings. even so lawmakers are demanding answers from the man at the helm. wouldn't it be great for him to show up like most americans do want to minister to testify as to the practices of his company he could make millions of dollars in the united states around the world but at least he ought to respect our laws there's concern outside the us to this for a long time demanding an explanation of why this could have happened whether german users and accounts were affected and what facebook intends to do to stop anything like this from happening again. so for. added to a plummeting share price and threats of legal actions from investors talk about has much to think about but perhaps the biggest concern is loss of trust. when we're
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think of my facebook time like i that's exactly right just in search and internet kind of freaks me out of it worried about what he's doing with my information before sending information with the goal to. make this feeling even stronger. the more that emerges the more questions mount about one company's role and down to protection and democracy. are the switch gears now we go to france which actually is at a standstill tonight how here that's right and it's ironic because the president's party is called on national political march that's just opposed to being in movement but travelers in france at least today are facing a new wave of strikes that is hitting the country only two of every five high speed trains were running on thursday and half of regional trains across the country had been council unions are responding to president obama calls labor market before to make things worse at the same time the country's largest airline holmes is facing walkouts of its all. a bitter power struggle and a violent chaotic end to
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a long day of strikes in france in several cities around the country like here in paris demonstrators fourth street battles with the police. before that thousands including rail workers protested peacefully against president manuel labor market reforms. it's a real battle and if the government wants to talk about the real issues in the real sector they must first withdraw their plans they're aimed at starting to privatized the s.n.c.f. rail company. rail managers say that about a third of their workers walked out on strike during the course of the day causing waves of train cancellations the strikes were unregistered wildcat strikes which makes them illegal the c.g. to union is aging members to engage in impromptu strikes even outside of official strike days. there's a constitutional right to strike but it's essential that public services can get
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four and a half million train passengers from a to b. every day i personally find these disruption threats by the union extremely serious i've never seen anything like it. president wants to ramp up the retirement age for railway staff right now train drivers can retire and just fifty two other rail workers can follow them only a few years later francis railways are deep in the red groaning under forty five billion euros worth of debt but unions warn that mclaren's reforms will open the floodgates for even harsher measures that's why even air traffic controllers joined the latest strikes a third of paris bound flights had to be cancelled the showdown looks likely to drag on. now in contrast to the most famous trade shows that showcase things like cars planes or electronics where it's all about being bold or bigger and louder here's one for you to take your time bozza this currently hosting the swiss luxury
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watch show the country is a world leader in wrist watches but something the clock is ticking for traditional time pieces. tech companies like apple and google have been disrupting the traditional wristwatch landscape for a while now an estimated sixteen million apple watches were sold last year the smart watch trend is very much in evidence at the basel world watch expo clearly there is a strong momentum around smart watches that and when we see a brand like couple shipping and selling more units in one single quarter then the entire year volumes exported from this week's watchmakers deal still something about what's happening in this world and all smart watches are these wrapping the watch industry a few years ago established watchmakers was seriously worried the new smart watches would kill off traditional mechanical timepieces international watch makers have
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been pulling out all stops to keep up with their digital competition at this year's basel world watch fair more and more watchmakers are trying to stay in the game by offering connected and hybrid watches but aside from the smartwatch assault the luxury end of the market also suffered in two thousand and twelve after sales to china crashed following a corruption crackdown february figures show they've begun to recover and there's no doubt the luxury segment is keeping traditional watchmakers alive. look shall we watch mark at the st century watch market is going. to going mostly thanks to at asia and china specifically but if swiss watchmakers want to survive long term they have to bring entry level customers back into the fold before young people lose the watch habit completely a growing number already rely entirely on the mobile phones to keep time. that's all for business it's back to breath now and the world cup warm up for germany
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right how do you know just a matter of months or less before germany defend their world cup title in russia for the players you hope to be on your walk and lives squad it is crunch time the battle for spots on germany's world cup roster is set to be more competitive than ever that makes friday's friendly against spain all the more important. best to never rest is the motto the german football association the d.f.t. has given to the national team's world cup title defense it could also be interpreted as a warning to the players vying for a spot in the squad for russia don't rest on your laurels. my expectations from the players are as high as you'd imagine my talks with them have focused on that. should prepare themselves and focus in every training session not just for the national team but also with their clubs.
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for. speaking of clubs one prominent one dortmund has no players included in this week's twenty six months squad perhaps a reminder that time is running out because in mid may the germany coach will announce who will travel to russia only to friendly matches remain before then next tuesday against brazil and on friday against spain competition is fierce for the coveted spots a few names aside. i think will start the game with our core. mats hummels. is ill and tony course as well. we'll see we'll test their mental strength. we'll need that if we want to survive in the summer i want twenty three players i can count on to perform and are capable of teamwork. but that's not obviously work for us and twenty fourteen our team spirit was incredible. as for twenty fourteen
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live had a message to the fans. to be able to repeat what happened then is really not that simple certainly not but the germany coach and his squad know they're among the favorites to lift the title come july. here is a quick reminder of our top story u.s. president has unveiled fifty billion dollars in trade tariffs on china for alleged itself of american intellectual property. his government is said to spare key allies including the european union from our reading of charges on steel and aluminum. international trade and russia. back to take you through the day tonight we're going to be looking at the future of facebook and its business model is it
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go international talk show for journalists discuss the topic of the week the boys in the former russian spy second script. has triggered a major crisis between the west and russia is even talk of a new cold war how serious will it get to find out. sixty minutes. fighting toxic waste from moscow arena and have a protest as i want to mission. six thousand tons of emptiness a day are translated to come now from the russian capital with no sign of proper disposal. get concern for the health of their children and they're willing to pay the price of fixing. fighting growing garbage keeps in russia.
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riffle said on detail but. he takes good cursorily us. with all the wonderful people in stories that make the game so special. for all true fans. but. more than football online. we make up oh but we watch as folks that found out that your colleagues we are the civil service and. the want to shape the continent's future to. be part of it enjoy nuffin youngsters as they share their stories their dreams and their challenges. the seventy seven percent of . platforms africa charge.
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will it be the first shot in a global trade war today u.s. president donald trump slapped china with fifty billion u.s. dollars in tariffs and he said there will be more as for europe trump says he's willing to talk no tariffs tonight but no promises for tomorrow i bring golf in berlin this is the day.
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