the missile that brought down the malaysia airlines flight m h seventeen nearly four years ago came from a russian military unit a passenger jet was shot down over eastern ukraine all two hundred ninety eight people on board were killed. business next washington wants to impose new tariffs on imported cars how will that affect germany's car industry. and we'll have that story. learn german with. anytime anyplace. with or with jo jo and her friends. i need to delete the music charts and some special join the polls are. all over the world.

online and interactive. german to go. learn german for free. to the. tariff turmoil. anywhere. it's prized car industry another creative strategy from the world's chief isolationist the u.s. president used german cars threaten america's national security really. good management to hold a meeting a new chief executive can vote thousands of investors in. desperate times call for desperate measures the drought in south africa's. town

brings out the creativeness. let's do business asian carmakers shares are getting off track today the german ones to washington wants to impose new tariffs on imported vehicles it claims it has evidence they've damaged the domestic industry weakening the economy impacting national security the same argument to justify higher judi's on steel and. german cars remain popular in the united states that's a thorn in the side of u.s. president donald trump who maintains that foreign imports have a road it to the domestic car industry over the past two decades u.s. car imports have risen by fifty percent while the number of workers in american car plants has been falling german factories in the u.s. have thousands of new hires german auto makers account for one in six jobs in the u.s. car industry but now donald trump is reportedly mulling a plan to impose import tariffs of up to twenty five percent on vehicles european

car makers at present pay about a tenth of the. carmakers like mercedes b.m.w. and fox which money factor in the u.s. would be less badly hit than companies like g.m. porsche last year almost half a million german cars were exported to the u.s. it's not only german car makers that are fearing a potential tariff hikes japan another major car exporter is also feeling the heat . so if the u.s. import tariffs go ahead they cause great confusion to the global economy have a negative impact on multilateral trade under the w t o system that would be very regrettable. opinion remains divided about whether import tariffs would actually benefit the u.s. car industry some experts say the move is unlikely to create new jobs. well you know now the joins us now from the association of german chambers of commerce and industry and you're good to see you i've been talking to lots of analysts about

this for weeks now and they are saying a word saying that this would be the big one the metals tariffs both china and you the u.s. were just testing the waters but what it would if it came to cut tariffs is going to really start a trade war well it's a very difficult situation at the moment and even the the reasoning for the new attempt to impose tariffs is a little bit constructed so we're heading into a very difficult situation on world trade and especially because one of the major german branches with the car sector is targeted a little bit constructed national security i mean where is the reasoning in that what's what's washington strategy. well the surge seems to be a little bit always the same for us if we. impose with strong words threats and then we might discuss about it it's very difficult to negotiate. on such

a background but the question is what will really follow and this is a major attempt to take the german car industry. we see a little bit that competition somehow doesn't seem to. be a good element anymore in the u.s. but what's going to follow for the u.s. what are going to be the consequences for the american market. well the american market is extremely important for german common your features and that's why they also have a lot of investments on the sectors so it's a little bit. and underestimation of the strengths also of the german car makers in the u.s. on the other end u.s. consumers seem to love german and japanese cars the terrorists are imposed and then first of all prices will rise so the american customers to pay for that exactly so i'm are americans going to buy a chrysler rather than a b.m.w. now well it seems to be dulled for that the terrorists will be the only

reasoning for that is the question of who is making the better product and that's what i meant with competition you have to there's a competition in the car sector and the americans a little bit try to sneak below that bar and say we impose tariffs and everything will get easier that will you know it nozzle on that potential trade war for the association of german chambers of commerce and industry thank you germany's leading lender is bleeding from a leading global investment bank to downsize operation in damage control the long term share price down revenues falling in hundreds of bankers leaving in the past weeks a new c.e.o. is meant to save the financial institution but his first call even more job cuts. they came to express their contempt for deutsche bank protesters who gathered outside the annual shareholders meeting in front foot to see germany's largest lender as an example of everything that's wrong with the financial world the

announcement of more than seven thousand job cuts just comes weeks after the bank appointed a new boss the octu. current results leave us no other choice we need to set in place the conditions in order to sustain long term profitability yet. we're seeing football sits on the shelf one thing that most people can agree with is that something needs to change at deutsche bank as most bang for i need a bank that is competitive on both a national and international level and that's not the case now. is the moment. to fall. simply too high they need to go down dortch a bank has lost its edge in recent here is an issue its c.e.o. is determined to address. better balance in our business so that our results fluctuate less this is the only way we will be able to sustain profitability and

build on our strengths and what else i know cuffed. of. after three consecutive years of losses the new boss is intent on shaking things up he wants to focus on the german market coupling innovation with old fashioned banking. is a banking and financial expert at the university of horton hi my first question relates to what actually needs another restructuring as we're hearing there or a total overhaul. well i think after some restructuring there is a total overhaul as a result so we are already at a total overhaul we had seemingly not enough of that we had many declarations but seemingly not enough was done within the bank and so seemingly we need another restructuring which is larry i'm happy for the employees because it means again face off and insecurity which makes

a new start very difficult because in the end all the bank will need is a loyalty thing gage meant of its employees so you don't think these job cuts are the this is as far as the banks going to go to reckon. i don't know i think yes the larger banks must stay big so they shouldn't cut down much further on the other hand have been much investment banking which was. pushing money around the globe where you could say there's no not much real business behind it is this data look at these kind of businesses that might be helpful the question is do you cut c chops the right business all the wrong business that will be very decisive but something must be done internally for from the outside you will not see much except hopefully better results in the future i mean doesn't germany as europe's biggest economy need a big bank and one that's set up locally. definitely the term economy needed a big bank we should never come in. off the panel from the anglo-saxon situation

because i've got a totally different culture and if there's any stress in the market as might come in the world of donald trump very easily german companies won't be first priority to business won't be first priority of all these kind of banks so to stay on all levels we should have thought about and a strong dollar that's what we don't have at the moment that's why everybody in germany look at him with great thames and with great interest on the development of the daughter bank the but not a bank that overextends itself many people say that the current mess that the bank is in is due to former bosses and their ambitions or all reckless ambitions to overextend itself as far as the business banking goes. ex post we all know this is easy commentaries were often very different exposed to be known as a window to a different market they went into markets where they didn't have the first competitions and i think thought about number three look at this client and ask them so what do these clients want what do they need and that's the crucial point for the business because when you only make money if your clients are happy it's

not about making short term profit it should be really regard to making clients long term content and making profit on that let's see if they can make its customers happy and shareholders to thank you mr bush of what. what has been scarce in cape town for months the severe drought affecting several parts of south africa the entrepreneurs coming up with clever solutions to keep business running long after the taps are being turned off. this nurse has picked up someone's a d.z. clowney he cleans cars without water i don't think there is a. in the first place then and then you find out that a good idea was you seven out of four days to get out of it and people in cape town have been fined for washing cars with water as a result of the disease business has been attracting customers. gave you may tell me what it was like well that pumping you know that. cape town has reduced its

water consumption by fifty percent in three years businesses have had to make adjustments that has been the case for some of the cities hotels in this hotel guests have to take a shower baths are not allowed to remove all the plugs from every single room and that wasn't the only change so this is where we made most of our savings is to cut down on the washing of. the hotel also reuses water from washing machines it is filtered and used to water its gardens despite the drastic bust of a business with a. let's go. to

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and innovative projects around the world like to use the protect the climate boost clean energy solutions and reforestation. losing interactive content to inspire people to take action google audience the series of global three thousand on t.w. and online. i want to welcome to another edition of your own max i'm your host meghan lee from rolling reporters to a three sided we can get away we have a mixed bag on the show today here's a look at what's coming up. new jazz london featuring an innovative take on a traditional music genre. in full bloom why.