china announces punitive tariffs on almost only one hundred and thirty u.s. products including pork wine and fruits and there is more trouble brewing. in every own in his own house that story and all the rest of this business news coming up in just a few and i'll see you again at the top of the hour. on freedom and the whole. world i come from a very rich in history. poor in opportunity and freedom this makes it especially difficult for independent journalists i see many promising . who are now making names for themselves. by the way some might follow some with continue. their experience of freedom.

is life experience. you can visit but you call come back home. my name is you three hundred one i work. at. a trade war escalates china hits back at trump's tariffs beijing. american farm states many of which voted for the dollar. and can south africa's leaders sold his party's land grab problem yancey haven't committed itself to land expropriation without compensation. and been physical and let's do business it's a face off between the globe's top two economies is market tension over

a trade war between the united states and china beijing's tit for tat. imports of kicked in the government says the move is to safeguard china's interests and balance losses from new american. these american avocados are destined for the chinese market but they might not sell so well anymore now that china has imposed tariffs on fruit and meat while steel pipes and scores of other imports from the usa the rates of fifteen percent on one hundred and twenty items and twenty five percent on eight others. the chinese government says the people support its move though some in china regret the ensuing rise in prices. it's definitely going to have an impact many fruits that kids love only grow in foreign countries we don't have them in china that is a direct impact. it's absolutely right to impose tariffs because i've seen the news

about the us crapping trade deals with us it's right to fight back. the new tariffs the china's initial response to the u.s. move to slap tariffs on steel and alum minium imports the u.s. is also threatening to impose further terrace on sixty billion dollars worth of other chinese imports a year over what it terms the theft of intellectual property china by contrast is raising tariffs on about three billion dollars worth of u.s. imports. beijing says it will never submit if the u.s. launches a trade war and says that tariff increases are in line with world trade organization rules to protect its interests still the scale of china's new tariffs is modest the move looks more like a warning shot than a major counterattack the u.s. is china's largest single market a full blown trade war is the last thing china would want. the white house has just released a statement accusing china of distorting global markets and warning it should not

target fairly traded u.s. exports a spat is taking its toll on financial markets equities falling by two percent and the dollar sliding as trading got underway on wall street analysts say investors are bracing for president trump's next move if ministration is set to announce big tariffs on chinese tech imports by friday in europe investors have a day longer to digest the developments stock markets here are closed the easter monday holiday president of the federation of german industries has lashed out at trump saying he's just trying to weaken the world trade organization. over to our asia correspondent andrea hang who's based in singapore and really let's crunch the numbers first of all beijing's hitting back but just how hot well not very hot if you look at the numbers and the big picture three billion dollars of u.s. imports is in and bite compared to the total import annual import number one hundred

fifty billion in u.s. imports because there is a big difference so china is obviously testing the waters but technically a trade war has broken out even if they're moving little by little both parties when when could things really get ugly well then you may not have to wait too long for that to happen trump has already announced plans to take china to tell us why imposing tariffs on its takes a particularly the chinese take products and these are with some fifty to sixty billion dollars now on the other side of the battlefield china has also declared war on the u.s. i do cultural say with plans to it's like tariffs on agriculture that is stemming from us sort of trump leaning states in the us now who's right and who's wrong in this dispute because i know a lot of business people who have accused china of stealing technology or at least buying it and copying it which some would say is stealing anyway but as far as

these tariffs go china does have a right to hit back at trump's tariffs isn't that ok. well in the first place trump tariff policy so-called it's whitely disputed as the one all end all solution for it's trade deficit which is your ending that knowing the why but on the other hand yes china is a light regularly accused of ip infringement intellectual property infringement it's a tricky pond to wheat into been because a lot of marry a lot of american brand tech products. outsourced to all manufactured in china itself so the actually really do need each other and in this case i should point out trying to reason going by the rules book it's doing everything it should according to the w t o but just tell me about these u.s. food imports judy hike of of beijing's it's going to hit american farmers including kong growers who produce ethanol with some chinese refineries saying it now makes

no sense to import that if the dollar but rather by a local because of the higher import tariffs absolutely know that that price difference is gone there's literally no cost virtually no cost savings on china's part so it's a good opportunity for china to grow its domestic market ethanol specifically in this case they were talking about so with that presence gone and eliminate it there much that to mine is now going to be transferred to the local chinese market finally what about financial market reaction you've always got to look out for this one when it comes to china stories we're talking about that was top two economies going head head to. indeed it's a real big battlefield out there being fought right now needless to say everyone is know this we've seen a lot of swings in the market particularly in asia and the particular markets that

are going to be worried on market such a simple way we are very leaning to us and us benchmark so until the pendulum stops or everyone just seems to get settle with the pendulum swing the unsettling feeling off the pendulum swings it is still very much that needs to be looked out for at this point exactly and those wings could get bigger as we go by on this story thank you very much for your analysis from singapore and draining the force the gulf nation of bahrain has discovered its biggest oil field since one thousand nine hundred thirty two it's located off the country's west coast and build wharf borrowings current reserves that's according to the bahraini government the oil ministry will release all the details about size and extraction viability at a news conference this week already his into major oil producer it's only right fifty seventh in the annual oil production it pumps about forty five thousand barrels of oil a day. twenty five years after the end of

a pouty didn't south africa white farmers still own most commercial farmland governing a.n.c. party has adopted a policy of land expropriation without compensation to fast track land reform but a closer look reveals it has less to do with correcting historic injustice and more with winning back voters ahead of an election. the northern part of free state province is one of the most fertile areas of south africa it's here that yako owns a large farm he's one of about thirty five thousand commercial farmers in the country going about three an all thousand acres my knee my soybeans from flowers and from. produce about fifteen thousand tonnes of grains per year for hundreds of cattle growing about twenty five people permanently and all those helping south africa being the only food secure country in africa white farmers like me are the backbone of south african agriculture but the original black owners of many white

owned farms were pushed off their land during the colonial and apartheid periods after the end of apartheid the government addressed this injustice and created a land reform program on a willing buyer willing seller basis but only around ten percent of white farm land has been transferred back into black initiate. many like julius malema and his left wing economic freedom fighters all find that this is not enough. so what is all this is why it is so hard to. give you what you have are. so it is truly a bully. who knows you all really we. all. are all since such demands have proven popular with many voters but governing

n.c. has recently adopted a policy of land expropriation without compensation and wants to amend the constitution accordingly. so south africa is headed for national and provincial elections in twenty nineteen and the debate about land an expropriation is entirely situated within that issue between the a.n.c. and the year if if if for making this their number one election issue but i don't think we are ever going to see land express expropriation without compensation in south africa the constitution provides ample scope for government to implement responsible land reform without having an impact on the investor confidence or indeed on challenges with regard to food security in south africa but given the heated debate about expropriation and uncertainty as to what the future may bring farmers like you are holding on to their money rather than investing it. because we run a big farming into process we need to constantly put capital into the business and

at this moment we are not sure we will that we are going to do it because of all these appropriation being i'm still very positive about the future and i think it's a great future ahead of us if we can all work together in this country economic growth in south africa is slow and the country faces many financial challenges so the government needs to consider carefully if it can afford to lose farmers like me now and foreign investors who fear instability. i say business with you. so. the bill. clinton.

clinton. going to move move move move move. move. move move move to the moment. they strengthen on this collective intelligence sloan's of sticklebacks always manage to punish. a single one on its own can't do that. so how do you soon steve bennett such capabilities. research his have found a decisive in an over. tomorrow chick next.

to me in fighting for the case to be taken seriously in the world of work here's what's come out. going in stark county w. . the female superhero on a mission smart women smart talks with smart station and legislation by no means miss out on it or increasingly dangerous to me to make sure minds. bursts cohen home to news of species. own words. those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world. to. protect the climate boost green energy solutions and reforestation. was out of people you cannot predict the push to create interactive content teaching the next

generation about environmental protection was. using all channels available to inspire people to take.