Skip to main content

tv   DW News - News  Deutsche Welle  March 23, 2018 10:00am-10:16am CET

10:00 am
this is deja vu news live from berlin u.s. president donald trump appoints a hardliner as his national security advisor john bolton has advocated preemptive strikes on north korea and thinks the u.s. should dump the iran nuclear deal so what could his appointment mean for global security also coming up china says it will fight to the end if trump goes ahead with new tariffs this is set to hit sixteen billion dollars worth of its trade every year stock markets plummet on fears of a global trade war. and leaders may be relieved to hear that they will be exempted
10:01 am
from crumbs tariffs and but they say they are ready with their own as a trade war breaks out. i'm sumi so much going to get to have you with us u.s. president to trump a speaks and a sense the world really has announced two major moves a new national security adviser was notably hard line views and the threat of higher trade tariffs against china on security it was well known that trump and his former national security adviser didn't always see eye to eye so it was no great surprise when he announced that conservative hawk john bolton would take over the role bolton has advocated using military force against iran and north korea so his appointment could lead to magic changes in the administration's approach to crises around the world he is trump's third national security adviser in fourteen months. the abuse claire richardson had this to say about the latest u.s.
10:02 am
government shake up john bolton is a hard liner and a war hawk who's taking up the post of national security advisor just as trump prepares to make some major foreign policy decisions for example bolton has called for preemptive military strikes against north korea and for bombing iran having him whispering in the president's ear likely means the iran deal is as good as dead as it appears trump is increasingly surrounding himself with people who share his way of thinking h.r. mcmaster departure also comes as no surprise he's been rumored for months to be the next top trump official on his way out in an administration that's lately seen some major shake ups tom second big announcement has sent global markets sliding as fears of a trade war grow he unveiled plans to hike tariffs on up to sixty billion dollars in goods from china annually in retaliation he says for unfair trade practices china in turn has announced its own plans for tariffs on three billion dollars worth of imports from the u.s.
10:03 am
none of these trade sanctions come into effect just yet though the white house has instituted a waiting period on implementation but the tariff so the fulfillment of a long standing promise. is the first of many punishing china trade it was one of president trump's most fiery campaign pledges we can't continue to allow china to rape our country and that's what they're doing now actions are following words trump is moving to levy tariffs on chinese goods to slash the value of the u.s. trade deficit with china we want reciprocal mirror if they charge judge we charge them the same thing. but beijing says reciprocity should not be the goal on trade it says it could impose retaliatory tariffs on u.s. products like pork and aluminum if it must but that it would rather convince washington to change course the bad alter the trade everyone knows it's unrealistic
10:04 am
to achieve complete equivalence so if the u.s. purchases whatever it wants but also rejects selling china the products we want and keeps blaming us for the trade imbalance how is that fair i don't mind. meanwhile some analysts are asking is trump's bark bigger than his bite when it comes to trade. the president already announced global tariffs on steel and aluminum earlier this month but then came the negotiations and the exemptions. they include an initial exemption for the european union with e.u. leaders welcoming the move to avoid protectionism at the global level. this is a major risk for jobs not only in europe. in this respect style look to stay u.s. ski. the dialogue is set to continue but so too is the pressure from washington
10:05 am
trump is hinting more punitive measures on trade could be on the way and the markets have reacted pretty negatively today from wall street to asia shares dropped significantly in tokyo the nikkei index lost more than four percent hitting its lowest level since october concerns among investors in japan broad particularly high as with the u.s. and china the rhetoric is heating up between its two biggest trading partners shares in hong kong are down around three percent. and we have our correspondent at the frankfurt stock exchange are covering the latest for us good to see you so markets in asia have been down how they've been performing in europe today. not well sumi they have followed that asians slide in fact the pan european stocks europe six hundred hit a one year low today and a lot of this of course is fueled by the uncertainty they don't know which
10:06 am
industries are going to be targeted just yet the white house has two weeks to say and american companies have about thirty days to comment on that list so that means that companies have a little bit over a been a month for to get more clarity as to how their supply chains may be affected and of course there's also the chinese response to contend with measured for now but maybe not so measured for later and that's obviously having a very negative effect on investment decisions at the moment with little indication of reversal. the e.u. is going to be exempted from the tariffs on steel and aluminum i imagine people there are taking that in stride that's good news isn't it is good news but only in the sense that it's just one less thing for them to worry about remember that the e.u. has been excepted from these tariffs for now and still has a bone to pick with the e.u. in terms of the e.u. having its largest trade surplus with the u.s. so that particular point of contention could still find room to express itself and
10:07 am
again the e.u. doesn't have to be in a trade war itself in order to feel the effects of a trade war their supply chains could be affected depending on their exposure and these two countries and if a trade war between the us and china depresses growth in those countries and in turn depresses demand well then that's not good for any export oriented economy that sells to these countries. at the frankfurt stock exchange for us thank you very much. as we said earlier trump has to temporarily exempted the european union from higher tariffs on steel and aluminum which were meant to come into effect today the threat of terror is dominating a two day summit in brussels leaders there have welcomed the exemption but they're calling for it to be more permanent they also stressed that u.s. tariffs would be met with a firm response. been true see to well the good thing is that this issue has a reinforced our unity the european commission has spoken with one voice and very rapidly so. when it comes to raising tarsa gets the european union will respond
10:08 am
with countermeasures that was a corrective reaction we want good transatlantic relations we may also respond if we believe that international trade rules have been violated. and let's bring indeed abuse scared matters he is following this summit for us from brussels hi gary good morning what exactly are chancellor merkel and and i know michael and their counterparts across the e.u. so concerned about. european leaders sumi of course know that the temporary exemption is only a partial victory and that the war if you want is yet to come or at least that is the fear many here see the tariffs on steel and on the menu only as a first wafer in what is a much bigger assault on the close architecture of the trade system we have known so far for the european union for instance the arbitration function of the w t o is absolutely key and that is why back in november for instance they have started an
10:09 am
initiative to it to tackle the root causes the overcapacity of steel from china by an initiative in the w t o within the existing international framework with japan and also with the u.s. and the fear is now that this unilateral action from donald trump is in danger and such a project is in fact endangering the entire system. now if international trade rules were violated how far would european leaders gulf. the european commission has drawn up a list of countermeasures and that is ready to be fired if you want if indeed this temporary extension runs out without with the talks not producing any results leaders will sit this morning together including theresa may by the way she who's staying an extra day for these talks in order to find a unity position as the french president has has put it unity here is absolutely
10:10 am
key the world's biggest trading bloc is is teaming up in order to send a strong message across the atlantic but let's be clear the idea is not that it's going to be confrontational the e.u. really seeks talks that would bring the u.s. back on the path of the ball trade organizations to a tackle the root causes of overcapacity by that international institution all right gehrig not just for us in brussels thank you very much. now at some other stories making news around the world syrian opposition fighters and their families have been evacuating the besieged town in eastern guta after reaching a deal with the government syrian military sources say over a thousand civilians and some three hundred opposition fighters have left the town of so far the withdrawal gives the government the upper hand in the battle for the rebel held region. in zimbabwe dozens of women are celebrating being freed from jail their release comes after president emerson pardoned some three thousand
10:11 am
prisoners to reduce overcrowding the president is a strong opponent of the death penalty and also commuted the death sentences of prisoners who have been on death row for more than ten years. ukrainian acts of combat pilot have janko has been arrested for allegedly planning to carry out a coup with claims agents working for the government have been plotting to discredit her she is an outspoken critic of the ukrainian government and became a member of parliament in two thousand and fourteen after spending nearly two years in a russian jail. and one hundred thirty five whales have died after being washed ashore in western australia the animals are thought to be short fin the pilot whales a species and know to stranded large groups wildlife service staff were on site assessing the health and well being of the fifteen still alive. there's just a few months left before germany defend their world cup title in russia for the
10:12 am
players who hope to be on coach walk in love squad it is crunch time tonight they face spain in a friendly let's take a look at some of the hopefuls for that world cup squad. their wish to never rest is the motto of 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 on 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. for. speaking of clubs one prominent one dortmund has no players included in this week's twenty six months squad perhaps
10:13 am
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 bows hang. on tony course as well. we'll see what we do in the second game. live schedule top quality opponents because he wants to see more than fitness and form facing the likes of spain and brazil tests their mental strength. will 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 love had
10:14 am
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. reminder now of our top stories here on d.w. u.s. president donald trump has appointed john bolton as this new national security advisor replacing mcmaster bolton as an outspoken critic of the iran nuclear deal and has advocated using military force against north korea. and the global markets have plummeted as fears of a trade war grow china says it will fight to the end if u.s. president donald trump goes ahead with a plan to put tariffs on up to sixteen billion dollars worth of imports annually from china. don't forget you can always get data. from google play or from the app store that will give you access to all the latest news from around the world as
10:15 am
well as push notifications for any breaking news and you can also use the data to send us your photos and your videos. thank you for watching. we'll have an update on your headlines at the top of the hour. at. the end of the world over information they prefer to. be blunt to extremist g.w. on facebook and twitter today and in touch.

50 Views

info Stream Only

Uploaded by TV Archive on