news still to come beijing's last tariffs on u.s. soil beans and other goods the trade showdown between the economic superpowers is a growing. and says we'll have that story coming up for you write in business. with different languages we fight for different things that's fine but we all stick up for freedom freedom of speech and freedom of press. giving freedom for global news that matters w made for mimes. a muse honest mistake she admits the unseen still. holds the cold.

not to discount the boost side but. people have put big dreams on the big screen. t.v. movie magazine on d w. i the global shares take a dive as the u.s. china trade war escalates more retaliatory tariffs including american agricultural exports beijing takes the dispute to the world trade organization. fifty years after the assassination of martin luther king jr the disappointing economic opportunities for black americans and how billions of euros in e.u. funds end up in criminal hands in slovakia. i've been fizzling let's do business the tweet of the day. comes from u.s.

president donald trump it reads we are not in a trade war with china well funnily enough the two economic superpowers are logged in a tit for tat tariff clash not a day goes by without one side upping the stakes this time beijing announcing juvies on over one hundred american products with a trade value matching the fifty billion dollars in chinese goods touted by washington the list includes american soybeans china being a key export market for the u.s. as well as corn products chemicals some aircraft and cars well equity and commodity markets have dropped sharply on the news the dispute really got serious when the trumpet ministration hit china's prized tech sector this week releasing a list of thirteen hundred products with a total value of fifty billion dollars the items would be subject to an added import duty of twenty five percent the goods include industrial components for airplanes like launching the rotors turbines flight data recorders and thai is the

medical sector is also affected will be extra tariffs put on the free for all ages electro medical extremists and many medicines as well it was the president's campaign promise to crack down on what he calls chinese trade abuses what's interesting is that mobile phones are exempt they constitute about forty percent of u.s. imports from china it would have been an outcry among consumers over higher prices for their favorite gadgets let's pull in markets reporter i think we can now both safely call this a trade war wouldn't you say i mean the numbers a very telling. they are the share prices are going down the price for safe haven products like gold are going up gold is not being hit by a run on commodities but certainly the old prices both for north sea oil or a west texas intermediate for us oil they're down by between one point seven and

two percent quite charred drops and the sharpest drops we've seen for quite a while there fears of course for the international economy and for demand for these types of products and here exports shares are under pressure shares like a continental like justin crop the steel maker auto makers v.w. and b.m.w. the docks down clearly now the big question is how long these battle is going to last it's not it's a hard one to ask you will be i know when will the c.e.o. step in for example i mean it's a tory it's least. it is notoriously slow and it depends on how it's being called upon to step in and talk to an expert and he said yes they were called in already on intellectual property by the americans chinese to his knowledge not yet appealed there if there is a case in front of the w t o in case of tariffs it takes probably at least six

months to get a decision whether the arguments put in by the person who wants to impose tariffs are justified and if one of the parties is to satisfied with the outcome then it could go into a so-called w.t. court and that would take at least a year and if there's an appeal another year or so this could drag on for a long w.t. or was probably not the answer because there are so many unilateral at least bilateral things going on if the w t o comes in play then it will take a long time of the damage will have been done by then probably ok sounds like we are in for a lengthy battle for us on that trade war between the us and china in frankfurt thank you. for trump really misses an opportunity to take credit for the rise in employment among black americans their economic situation has improved studies show black workers still chronically under represented in high salaried jobs. even the

american flag is in tatters here this is a black neighborhood in memphis tennessee the city where martin luther king was assassinated fifty years after his murder black people here earn forty eight cents for every dollar a white american makes. people are working and they're spending all their lives and they're spending all these hours but they're not getting out of poverty they're still in poverty so i don't know that i would say it is better that people are working. its way through a very. despite improvements in education blacks get less access to economic. but unities experts say they a trapped in structural inequality. massively i mean more money i have been i am i think i'm. trying to fight we've almost like you. always. have to be very. it's five

decades since martin luther king was murdered and for many here his struggle for economic justice has not yet been won. the unsolved murder of us the bach in journalist investigating corruption and his fiance has sparked outrage it's also cost a shadow over the eastern european country as a place to do business the claims of corruption involved criminal gangs politicians and e.u. agricultural funds we have this exclusive report. farmer your i bet ashleigh was badly beaten up along the struck he brought the printed smartphone pictures with him as evidence of competitors sent a group of armed thugs cut down his rapeseed and drove the fifty eight year old off the land he had leased state owned fields he'd farmed for decades his rival obviously had good connections to the local authorities his leasehold was canceled from one day to the next and transferred to his attacker there's a lot of money at stake. they were only interested in getting

their hands on the e.u. subsidies. barish says organized crime gangs in eastern slovakia are taking over huge areas of arable land to become eligible for millions of euros in e.u. subsidies every year he says he knows of thirty other farmers who contribute away by violence and blackmail so far your a parish is the only one brave enough to come forward and talk about it publicly the police and justice ministry have been informed but slovakian authorities remain unresponsive. lucy those who have so much power and influence they can manipulate the police they exert influence over administrative authorities and also manipulate the agency which distributes you subsidies going to probably not. going to them this is the corrupt swamp that journalist john korczak was investigating before he and his girlfriend were shot dead. a tragic wake up call for slovakians. in the

eastern slope at city of caution demonstrators now rally in the streets every friday they're protesting against state corruption and bribery since korczak was murdered a steady string of corruption cases has been emerging into the open. in this public discussion amongst academics a lot of the participants insist that although slovak is economy is booming the rule of law in the country is weak. and it's about changing the atmosphere about turning slovakia into a polite country where where people have their rights accepted to where or where we don't see corruption your eye better schwanke give up the fight for his fields he hopes the current protests will bring about change he doesn't expect help from the e.u. fighting corruption is a sovereign task for slovakia authorities. a lot of brown is

a lawyer in prague and bratislava and advisors western firms that operate in eastern europe welcome to the show so what's the investor sentiment when it comes to slovakia they've been mass protests against corruption a small government reshuffle but this sounds like a deeply entrenched problem. if you or most western investors corruption was not so much your problem as long as you were manufacturing once you were discussing state money or big book you meant or for instance also lend you subsidies in this respect do it but then sure more context was corruption you were just manufacturing slovakia still a perfect country and economic growth has shown up because of one particular sector but a bit but are we talking about organized criminal gangs with links to the italian mafia or is this said to be the case in the journalist. where this is still under

investigation of course but generally was a lot of italian black money great money going into eastern europe after their early chanst and nobody cared about the origins and this all fired up something now the farmer in the report said these gangs and manipulating the agency that distributes funds how much is the e.u. at fault for leaving of course doesn't have enough means to control what's happening with the money that's in most countries in the region i know we probably get a stray shoot. people in the state of station on the two world leaders decide about huge amounts of money and this of course shows that looks a lot of money we're going to look at in most countries in the region so why was this happening elsewhere in the. yes only also in the czech republic we have a prime minister who will get excused for. getting two million euro as

a semicircle just like in the second richest guy in a country or in most other countries but these are some hopeful different worlds sometimes. crean won't it which is just about clean white economy and others where he was a lot of money this by the way also explained some of the criticisms of the european union to two thousand and four people thought you can unit will bring state of florida correctness and of course it brought a lot of money but it's not enough just to send money but if you really must control cable have to leave it there corporate consultant other brown thank you very much for joining us. and i say business with you. move. move move move move move move move move move move move move. move.

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