and i mean i'm tired of supposed to only european union but cost. us we'll have more business news which is up next. more world news at the top of the intellect. learn german with w. . any time any place. with or with jo jo and her friends. it's going to be. mr spitzer she juggles

a war with friends all over the world. online and interactive. german to go. learn german for three d. w. . will hold still if he's come in may first full tyrus could apply. to the u.s. if no trade agreement is reached i want to go. all the way to washington she saved the day. chargeable investment of the world trade criticism is mounting over china's nine hundred billion dollar new silk road project. also on the show the european central bank voids rocking the boat by

doing nothing while economic storm clouds gather on the horizon. and it's yellow it's iconic and it's very expensive and i don't mean the fair price the price for a license to operate one of new york's famous yellow cabs has kept drivers taking to the streets. this is did of your business live from berlin and get out of us confusion reigns over the use plans to extend their tariff exemptions from the united states u.s. president donald trump plans to impose a twenty five percent tariff on steel and ten percent on our many of imports to america as soon as next tuesday if the two sides cannot reach an agreement german government sources speaking to b.w. believe that it is the most likely outcome tomorrow when on the american meat u.s. counterpart the americans say they concede if the e.u. grants the so-called concessions for example by lowering tariffs on american made

cars. i also brussels correspondent what he is hearing on the progress of the negotiations different voices really do you have the official line from the european commission who today reemphasized that they're still optimistic that high level talks between the commission a monster and the commerce secretary ross are ongoing and that the aim of these talks is to achieve a permanent exemption for the european union from these potential steel cut tariffs that could be coming their way on the other hand we also heard the voices you've mentioned there were people doubt that the the the negotiating party of mr ross really has all the knowledge has all the power for these negotiations and so some people have said that maybe only a temporary exemption is on the table. it matters that criticism is

mounting of china's new silk road beijing is massively investing in land routes to europe and shipping routes to the west fire ficca it's a network of roads railways ports and airports as well as pipelines and power plants beijing is selling it as a win win for all involved committing nine hundred billion u.s. dollars to it but critics say beyond being an investment in connecting asia and europe it's a geopolitical move and to assert power and influence the world's biggest infrastructure project is also designed to boost the chinese economy its construction steel and transport firms have built up a huge overcapacity and crushing debt they'll receive urgently needed business people in places like sri lanka and kenya meanwhile are taking to the streets in protest they fear they'll have to give up property and civil liberties china is not known for its commitment to protecting human rights. and this is how the

chinese are selling the story once upon a time for about slave chinese like a bedtime story in which all nations share their wealth but is the project really about sharing and caring i spoke to marcus tollways the chair for east asian economic studies at the university of does book s. . well first of all i think there's a lot of win win in this thing i mean everything you've been saying is correct but this whole. pattern old initiative is not only just about transport corridor response about the creation of new industrial fabric an industrial fabric in an area which has not being integrated into the global division of labor by either northern america europe or the or russia so this is empty space so to say in economic terms and the chinese initiative is trying in idea how to integrate these economies how to integrate these people into the global division of labor and i thing. it is

a great chance for europe for european companies train gate china there and bring this together with china to a success and of course the the local economies countries like greece or kenya or big infrastructure projects will be built will they find themselves bounce to china . as of course and we already see that that greece hungary and other kind economies become dependent on china and that china uses these countries to assert its own. positions recently to go pin union for example we have seen. greece and hungary voting against the other e.u. members in issues strengthening china so this is going to happen next couple of years yes marcus top of that the european central bank on thursday held interest rates at historic lows and left its massive stimulus steam unchanged that confirmed expectations the bank would play it safe as the eurozone outlook clouds over e.c.b.

governance decided a regular policy meeting to leave the main refinancing rate and zero percent on the list save rather your exit from a monetary policy that was meant as damage control after the financial crisis would be appropriate now but by an account holders and pension funds would welcome the return of high interest rates borrowing costs all set to get high amid a quickly changing backdrop of trade tensions and market volatility has e.c.b. chief mario draghi following several quarter. higher than expected growth incoming information since our media market points for some moderation. y. remain consistent with a solid base expansion of the euro economy. now let's bring in coma who's been standing by in our frankfurt studio chama no

interest rate hike by the e.c.b. had been expected but it hasn't even been a hint when we can expect an end to quantity of easing the massive bond buying program how much of a disappointment is that to people where you are well i am in frankfurt a place where many monetary policy hawks can be found and many of those people are disappointed today that mario draghi at his press conference said that the e.c.b. council hasn't even discussed to establish a road map for quantitative easing tapering which is you know a cutback of this very generous monetary policy not even a roadmap in june so we don't know whether this will really end in september as planned at the moment we don't know whether it's going to preprogramed in terms of interest rates of course there was no major expectation today we could see it on

the currency markets in the course of the recent week where the euro has lost about two u.s. cents in the course of one week because well the market is expecting interest rates to rise in the united states but to remain very low here in the eurozone. you can only days out of the germany when they saw the french business climate index have shown a bit of a slowdown in the economy so it's mario draghi not ride to keep is dry. well yes he's he's perfectly right to be cautious and he said so also at the press conference today where he addressed the trade disputes and the risk of you know escalating to distrait disputes in the world he says that this has a negative impact on confidence and that this is a risk which has gained more prominence in recent times it's quite a good idea of the monetary policy makers here in the eurozone to really look at

all the factors that have an impact on our economy let's not forget the european central bank is in uncharted territory with its monetary policy. it is a very crucial to find the right timing here comma business and for thank you very much. it's not easy to be a camel driver in new york city has kept the number of operators licenses currently there are twelve thousand yellow taxis because this number is fixed the price for a license had skyrocketed rocketed to a peak of over one million dollars in twenty thirty but when other are based services arrived on the streets about five years ago the demand for the licenses dropped off sharply cab drivers on wednesday rallied to call for guaranteed minimum pay and limits on the number of taxis. when he bought his taxi medallion eighteen years ago for two hundred twenty five thousand dollars now seeing thought it would be a good retirement provision he accepted he'd have to work twelve hours

a day seven days a week to pay off the loan he took out for it. nobody can really mean explained here unless you know my life so i have to pay all of the bills. but seeing and other drivers have become desperate in recent months as medallion prices have plummeted. they want the right sharing industry to be regulated we want to write you a song there needs to be a cap on the number of vehicles there needs to be a wage floor on the rates that the companies used to charge the passengers because the fair is the only way that drivers can earn income for themselves. at least one new regulation is already on the way in. a new bill will require every up based driver to pay a two thousand dollar annual fee now saying says that wouldn't change much for him . i would bring my plan is not

a bankruptcy or something my plan is work hard. but at least he would see some kind of regulation and that could help future generations of new york cab drivers to work fewer hours for better pay. now that you have the feeling that your car is missing a feature or two i'll leave you with dream come true for many kids to japanese engineers who obviously watched too many transformers up so episodes developed a robot that could turn itself into a two seater sports who paid. for

. the. international talk show for journalists to discuss the topic of the week matalin in . washington this week for meetings with the president trying to. lose the ball. the french and german leader or the from france for. sure if.

you accidentally shot some trying to get in trouble. time in the field. how can you get out. with him kelly. shipped this week on d w. time for an upgrade. course with. design highlights you can make yourself. against tips and tricks that will turn your home into something special. a great yourself with interior design channel on you tube. the dangerous battle for images five women. five exceptional stories. one calling more photography dramatic pictures from the frontlines capturing

faithful moments in time and even risking death she gave her life to other stories of people who ended up killing. women war photographers starting may third on t.w. . in a very warm welcome to quadriga coming from the hearts of now for many years angle america has been the key figure in european politics the european leaders some commentators have even told her the leader of the free world but there's a new contender for the leadership role french president has just completed a state visit to washington the first foreign visitor receive such an honor since donald trump took office.