tina had given in to israeli thinking agitates was a blow to israel politically but also a blow to argentina where the game due to have been the last warm up before the world cup kicks off next thursday. he wanted you to have news up next c n n f is really looking at the controversy over trade champs that's coming up shortly. if. you accidentally shot some trying to get. into trouble. time in the field. can you get out. with it all in seemingly. shift this week on d w.

politics for the white house. round is shaking to the top of your favorite. to bring them out to turkey in europe because the entire country championed free insurance for the last sixty years. for mines. the tops of charleston. south to mexico and canada now the european union is hitting back at the u.s. . the e.u. will slap the duties on u.s. imports was two point eight billion euros. for the first time in four years india's results. exodus interest rate is the weak rupee threatening india's

spectacular growth. when i was gallup has this is d w business welcome to the european union is taking a hard line in response to new u.s. tariffs the bloc will impose import duties on a raft of u.s. products beginning in july and announced today the new penalties come in response to increases increased u.s. duties on imported steel and many of those took effect is months about three point four billion dollars worth of u.s. goods are expected to be hit by the new measures ranging from agricultural products to steel and whiskey that list could also be expanded with time in u.s. officials say meanwhile fresh official figures show that the overall u.s. trade deficit has hit a seven month low it stands at forty six billion dollars that's set the politically sensitive bilateral trade deficits with the e.u. and with china have widened let's bring in our financial correspondent soon as

following all this from the frankfurt's stock exchange only we've talked a lot about the threat of terror on the stage and that big business level will the average person on the street be impacted by all this. but he could very well be here in the euro zone for example and the european union because of all these items are consumer items now of course not everyone buys a harley or is up for a bottle of bourbon from the united states from kentucky or someplace like that but . for other items like orange juice peanut butter jeans these are items where typically retailers don't have a lot of margin to absorb so if they have tariffs then they'll pass it on and then people will be paying more for that share and we're seeing you again we've been warning of a train really since donald trump came to office in your experience is spirit and what we're seeing now is that it. when does this tit for tat and tariffs become

a trade. got some experience myself but i talked about this with an economist and we were agreeing that we're not seeing a trade war yet he suggested we're seeing a cold trade war that is a control a conflict or a dispute that's getting serious but both sides are still talking they're still efforts to contain or curtail this in a way and it's not affecting exports yet in a way that a true trade war like back in the one nine hundred thirty s. of the past century did when exports dived tanked by some sixty percent. fully balanced in frankfurt think you. know all this talk about trade wars of course is about traits pluses and germany runs the world's biggest and a lot of that is due to its high tech machines and pots so the country is especially worried about potential tariffs three quarters of german made machinery go abroad are reported that not since it went to visit one agricultural machine

builder that's facing headwinds due to sanctions and protectionist threats. the jaguars getting its final check. mechanics live in your own room make sure the vehicle was ready for delivery then come the finishing touches the jaguars a ford charge a stir and the class company's best seller base and what's in germany the company depends heavily on exports which account for eighty percent of its sales with free trade coming under fire executive board spokesman him on low back is getting worried. in the film export as a company with a high percentage of exports we can see that additional customs duties will make our products more expensive abroad a toy and that means demand will decrease and we will produce less. the result is a threat to our sales. as. the company's biggest market outside

europe is the u.s. duties on farm machinery are currently being discussed but global trade disputes and the threat of sanctions are unsettling to executives here classes staying away from the iranian market even though pent up demand for farm machinery there is enormous. the company doesn't want any problems with u.s. authorities who are free impose sanctions on tehran and washington is threatening to punish those doing business with iran. is in business with iran has always been volatile and it now might have put it on the embargo won't improve things bob was that sniffed besa now as a company we face the challenge of deciding whether we want problems with the americans and want to just get on with our business. russia is also an important growth market for clos the political situation hasn't made things easier there either. this combine harvester only has

a short journey to northern germany so no political conflicts to worry about but classes domestic market is still small the companies jobs depend foremost among global trade. fez the boss on mask is still fully in charge of the company he helped found that's despite a proposal by some shelters to strip him of his role as chairman of the electric amika the movement's tesla's annual meeting would have left most holding only the title of c.e.o. it comes amid worries over the new loss of a new losses at the company but an overwhelming majority of shareholders voted against it after that tesla was on track to meet production targets for its new mass market a sedan the model three he also said the company would open its first factory outside the u.s. in shanghai. to india where the central bank on wednesday has raised its key

interest rate by a quarter of a percentage point to six point two five as inflation rose following an increase in global oil prices it is the first interest hike in four years and it comes after the weak rupee threatened growth which the r.b.i. estimates to hit seven point four percent the rate increase is expected to hit barra's as interest rates on home loans car loans or personal loans i suspect is to go up just as the government's reforms seem to bear fruit. in four years prime minister narendra modi has revamped the indian economy last summer he introduced a national goods and services tax previously every state to decide to do its own rates leading to chaos the common domestic market with simplified tax regulations was well received by foreign investors the country's promotional campaign called make in india has also been a hit state investment in high tech sectors has bolstered domestic production some

industries like information technology are now among the world leaders. but india still has major problems a lack of qualified workers and rampant corruption there's also too much red tape and poor infrastructure to change that modi urgently needs foreign capital but many investors are pulling their money from emerging markets like india and shifting it to the u.s. which is considered more secure. that's reflected in the indian rupees exchange rate since the beginning of this year the currency has lost about five percent against the us dollar. the government naturally wants investors to stay so the central bank is under pressure to raise interest rates it's unclear if that will be enough though or even if modi will stick to market economy principles elections are set for next year the opposition wants subsidies to keep rising gasoline prices in

check meaning the cost of keeping election promises might endanger other projects. in our business correspondent jeff chatted she joins us now from mumbai death rate hike in danger growth in india. i don't think so because the rate hike is not something that very significant as and when you look at the weather will cooperate the sector. fuels are more what is right now is the lack of bank they did to the bop as they are falling look even to law as you rightly pointed out on the site for some don't value. things the january this year in fact in an article is due to the financial times directly or gov. this the fed just slow down its tightening but analysts said fed will not actually get to that because everything now it depends on how and how india man manages its policy and. ideas proposals basically do. that they will go

a long way and that external factor which is of which is wanting the power of the laws and the economy is that i think as you know we are the most important thing to fight. from abroad and in this year alone we are going to be almost three billion dollars more for this and finally what has dampened the mood is unprecedented action by the glittery audiences against companies and banks because the more the within basically the banks lend to the private sector but this i do all of our large recall companies are maintained and planned and examined to send in more developers in the coming year coming months as you know our big election is coming . as a client. at the moment the looks of it is down to the agricultural sector and the west of course influences how much of india's growth is dependent on that. measure

the indian economy is that on and off is a child and that it definitely does say that but then it finally has five in the fossil despite all done for the people it is the most of the biggest factor as you rightly pointed out and fortunes of mining then companies depends on that as though as i was talking about the fact that the prices on it and that it was the fact that it went in the room i believe is the general elections of twenty nineteen and but i missed the more they will fight to get the elected to the opposition as we head towards general elections remember there is a we have going to be announcing more on events there and that is bad news. in mumbai thank you very much. and that's the business of.

sixty five years of the doubling of the celebration of the regulations from the guest of honor chancellor angela merkel once bundled stock that's you know it's a delight enough votes to shake this would be a field does not get numb because i'm going to think an alsatian look when soccer. from the cold war to the present to the sixty five years. has witnessed

developments in germany and europe. w.'s program guide. highlights. the whole. dot com clock lights. how the germans came together in one nation from shanda money to chancellor bismark. the history of the germans has been shaped like great lawyers. nice well known ways to bring my royal college of bat to protect christendom and spread find truth that he thinks will learn to focus. all we took full back people of the enemy and tom let me. and steve are quite courageous decisions the bottom alcohol's as we tell your master researcher seems the crown of our room from god and not from his her sumptuous servant. his holy

sacrament meeting tomorrow we will have defeated the enemy all will never see one another again but. we must pull cheese. the germans from every move on to double. to students who gets to. sixty five years of international journalism deutsche avella celebrated its birthday with an official ceremony in berlin the guest of honor german chancellor angela merkel she was welcomed by director general paid her limburg. for her.

numerous parliamentarians from all parties attended the festivities at the german parliament apollo liber house it signified the highest.