could a breakthrough be around the corner after president all chant extended a tariff exemption on european metals washington says talks with brussels could reduce trade tensions. as the old saying goes plenty more fish in the sea except when there's not the e.u. says it's time for a strict new quarter so. i'm going to humphrey in berlin good to have you with us germany is losing patience with washington's trade brinkmanship the german economy minister saying raising tariffs is the wrong way of going about things that would hurt jobs in germany europe and the u.s. says delaying the decision as trump did just hours before the midnight deadline is also a big problem especially as businesses have no way of planning for the future. messiah of relief for the european steel industry at least for now the next four weeks the e.u. can continue to sell steel and aluminum to the u.s.

without additional tariffs. back in march donald trump signed off on plans to impose tariffs of twenty five percent on steel imports and ten percent on ru minium two weeks later he granted the e.u. and several countries a temporary waiver that exemption ended on may first washington accuses the e.u. of unfair trade practices trump says if no deal is reached within the next four weeks tariffs will be back on the table analysts say now is the time for the european union to take decisive action. and part of the e.u. should do three things first it has to admit that there's a problem i think it's important to be honest second it needs to send a clear signal that it's not going to run away from a trade conflict in other words send the americans a statement the third thing is to offer a concrete proposal at light but be a smart one the german government said simply that it had duly noted the extension

that it expects a permanent exemption from the tariffs. on them and it would have preferred to have received a definite permanent way for with immediate effect this didn't happen and so now we should use every opportunity to reach a reasonable agreement. but getting both sides to agree on what's reasonable won't be an easy task. well let's get the view from washington our correspondent cast and then is standing by casting a lot of surprise at this delay as opposed to a real sorry all relief thirty days from now what we're trying to consider when. well i guess for the on the trump unconditional surrender by the europeans would be the preferred outcome the president has been ranting for some time now that the european union is unfair to was the united states and he might have very few firm

convictions but the idea that others are taking advantage of the united states and that previous u.s. leaders have been too weak to do something about that that is a conviction that he has has for many years that but the people around him of course ready to compromise to some extent wilbur ross the commerce secretary said today that some fruitful discussions were going on with the europeans about reducing overall tensions in the trades relations but i think even with other people in the u.s. administration wants some major concessions from the europeans they believe that they are in the stronger position and the europeans have multitudes which means mean a lot of costs amount of handwringing for the european union as well as canada and mexico once again we still makola mcelhenney to washington that charm offensive didn't happen inside effect can we expect them to now make an.

well the official position of the european union has always been that they won't make any concessions. under the threat of punitive tariffs but of course it's possible that behind closed doors deal might be reached which would include that there would be some concessions from the europeans but officially those would only be agreed and the u.s. says ok the exceptions for the europeans will be indefinite and then a few weeks after that there will be the official announcement of the agreement but i'm just speculating here but that of course is always a possibility and all the while of course china still feeling the sting of days terrorists call a sexual ross heading day this week the trade discussions is it too optimistic to think he might come back with some kind of resolution.

today that he wouldn't go there feel wasn't hopeful that something might come out of it again the americans believe the u.s. administration at least believe that they are in the stronger position because they have a trade deficit with china china wants to sell its goods and so they can dictate the terms but that might be a bit over of the mystic china or the chinese government has a different perspective has a more long term perspective in its power struggle with the u.s. correspondent constant fun nominee in washington good to talk to you thanks constant. well apple's quarterly numbers are out and it did better than expected profit jumping twenty five percent to regain at over thirteen billion dollars ahead of those results there was concern the global appetite for i phones was waving the sales of fifty two million of them show some resilience in those robust results of paying of money for investors apple says it is adding an extra one hundred billion

dollars to its payouts share is also jumping in off the hour was trading. well he's a financial correspondent in new york. there'd been a lot of talk before the reported their quarterly results of because some suppliers actually came out with warnings and that was seen as a sign that maybe i phone shipments could disappoint but that was not the case in the past quarter apple shipped a good to fifty two million devices that was pretty much in line maybe one little downside that the average selling price was lower than in the quarter before but overall a very strong numbers profit increased by about thirty percent revenue up by sixteen percent both better than expected and then apple is not just about phones if you look at software and services that division alone made a good nine billion dollars that is thirteen times the cost of twitter and wall

street seem to be happy with the numbers at least the initial reaction after our trading was up by a good four percent. now faced with intense pressure of how it handles uses day to facebook's coming up with ways to keep people logging on now it says it will allow users to neat step browsing history and it's come up with online dating features as well c.e.o. mark zuckerberg made the announcement of the company's annual developers conference . of rock star is welcome for a c.e.o. whose last major public appearance involved testifying before congress. it's only six weeks into the march the political consulting firm cambridge on unless you can access the data of up to a she seven million facebook users without their consent and what happened with came originally was a major breach of trust that developer took data that people shared with them and sold. so we need to make sure that this never happens again one way the coburg is

hoping to win back trust is by introducing a feature that will allow individuals to clear their pricing history but if it sounds like facebook about to get less involved in its users lives think again the company is planning to introduce a dating service for its two hundred million single users. says it's intended for long term relationships not just hook ups after all for a company whose survival depends on people's continued willingness to share their data commitment is key ships are not now if we want to eat fresh fish straight out of the sea in the future something's going to have to change experts say three quarters of fish stocks. which is a big over fish in that spot strike you quotas which are great for fish sufficient . it's nearly six in the morning and the sun is rising over the western baltic sea fisherman andreas look and his colleagues have been on the water for three hours they barely notice the sky instead they're busy heaving nets full of herring up on

board it's back breaking work because main fishing ground is the bay of grapes followed the herring returned here in the spring to spawn. here again of course we're going to leave this cat's area now because the herring have finished boning we can see from the dirty anchor that their work here is done the area is full of roll and built. so look ahead to ten minutes further east to cast his nets out the european union has lowered this year's catch quota by thirty nine percent that means that fishermen will earn over a third less income from their core business today look at has caught around two tons of herring that's around nine hundred euros in revenue he's almost reached his seventy ton limit so he can only fish for herring one more time this year. for most of my knowledge before god have to return to the old colt all one hundred

seventy tons to be able to earn a half decent income we're pushing everything to the limit or paint the bolt and clean it and the water will be only what's absolutely essential we have to save where we can to try and balance the books. but there's little chance of raising catch limits for herring right now in fact the tuna an institute for baltic fishing is considering further curtailments instead temperatures are rising in the baltic making life tough for the fish. your business basement until the mid one nine hundred ninety s. reproduction rates were very good but since then there's been a continual decline the only factor involved is water temperature which is affecting various areas. but unless limits increase looka and his fellow fishermen will have to hang up their nets soon they'll be no point catching herring they'll shut up shop like a thousand others in the region before them. today with the latest from

the world all the business right now has a look at a global markets i'll be back tomorrow same time same place you can't. cut. cut cut cut. cut. cut. cut. cut cut cut. cut cut. cut. cut. cut.

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