u.s. president all trumped for even more tariffs on china rolled stock markets jitter as washington ask a tit for tat trade rope. affordable giving these old shipping legend a new lease on life recycling them to keep the space. mr to one german intrapreneur started getting ready to leave turkey and blame a declining economy on the current president. come to a business news update on funny for char in berlin china accuses u.s. president. mail and again retaliate for the latest set of tariffs threatened by washington china stretch of the nation on the star of strong does not talk getting an additional two hundred billion dollars worth of chinese imports for the temper sent. shoppers in china might not be interested in every twist and turn of the

trade dispute between their country and the united states but the tip for top spot could soon become apparent in their grocery bills these aren't jets imported from the u.s. are among hundreds of goods beijing has bagged to tax in response to a fresh set of terrorist threats from washington. the move makes good on china's pledge to retaliate up to the united states imposed an initial set of tariffs on fifty billion dollars worth of chinese goods. but if you needed further proof that china is no longer adopting a conciliatory tone in response to donald trump take a listen to this. more you drop in china does not want to fight a trade war but it's not scared of one. you will continue to take effective steps to resolutely defend the country's interests of the people and to defend globalization and the multilateral trading regime.

that defiance stance has also been reflected in the attitudes of some residents in hong kong. i don't think can win this trade war china's china has a really big economy they have other people of a trade with all the u.s. might be one of the. largest countries that they do trade with most of their exports may go there but. the u.s. is also going to suffer from this maybe just as much or even more than china is suffering on both sides that is appears to be the most likely outcome as the battle over tyrants threatens to explode into a full blown trade war. let's get more on this and let's bring in the quarter our man on wall street wall coming out as you just heard i mean china and the u.s. are big trading partners so what are the risk. of this move or potential move by donald trump and comes to tariffs. the past year the u.s.

imported goods from china in the amount of five hundred billion dollars and china imported u.s. goods in the amount of one hundred thirty billion dollars so if you look at those numbers the possibilities of china at first glance seem to be limited if you look at tariffs but having that said china did mention that they also could take quality of steps or not just quantitative steps what they mean is that is that for example they could start a boy called for u.s. products that could disrupt the supply chains for example for the high tech industries and that could turn out to have unintended consequences for u.s. corporations and also for the u.s. economy talking about the consequences to dell plummeted for the sixth consecutive day already what are the sentiments on the ground what are you hearing. there so

far representatives from the ministration call it a trade dispute would not trade war and there's still hope on wall street that all those wearable threats are actually part of the negotiation strategy and that at the end we will not see those terrorists being implemented to but they're guessing at this time if the disputed shows escalate and we could see the car industry the agricultural industry and many other parts of the u.s. economy being hit a little follow this story and see how we ask later and yes quarter thank you so much. all right here have finally continent greenland's after many months of polite but firm disagreement germany's chancellor and her french counterpart have laid out their plans to change the way the eurozone works first what's clear is to have decided to push for the. creation of a single eurozone budget helping to bring the economies across the block into

a line that will be in place by twenty twenty one if all goes to plan they also want to start a funds to give loans to troubled countries in the event of another economic crisis ultimately protecting the euro called the european monetary fund but what we don't know is whole of the new budget the finance bill the other e.u. members agreed this path or citizens for that matter the plans could be seen as rich countries subsidizing the mistakes of the poor well french president in monarch or saying an agreement is essential for the euro stability let's listen in . and assume that the creation of a euro zone budget is part of important reforms we've been working on together for a long time and it's a political commitment from both sides. and for something different if a full blown trade war does break out and we are left with all these containers i know

some people have come up with a great way of creating affordable housing and office space which is environmentally friendly on top of that you double use you know milk or reports from kenya. this may look like a typical construction sites but there's more here than meets the eye these are all form a shipping containers a company called containers kenya restores and sells them samaras heads and sold directly there's a modified and converted into apartments offices all small stalls their best selling product. remains the biggest. ones that are the ones that are not public because they may be growing some koreans want to get. into but it's also really huge and shops. in terms of what every new part by you in kenya old containers are often discarded

and left to rust so to prevent that container kenya buys them directly from shipping companies and really you tonight is them that way nothing is wasted the company was founded in two thousand and ten and employs one hundred people of the interior designer grace ateneo is working on an office design for the managing director of a company. the unit will cost about seventy two hundred euros that's about a quarter of what it would cost to produce the same sized building in stone. what i'm really seeing is open space and i need an office right and constructing an office too expensive so in terms of cost efficiency and outlook. that is probably could have been particularly well for what i want to do. the containers here we used only for food stuffs all similarly nontoxic goods the initial stage of a conversion is the most challenging cutting through the thick metal to create doors and windows once that's done the rest of the process is relatively quick in

a couple of weeks the workers have created habitable rooms complete with insulation electricity and interior walls ready to paint. things you know. these great. need from there you don't realize you're getting a lot of additional miranda for example. you've done that and then you're saving the future of the business is taking their business to our region. in nairobi there are many converted container is already in use these environmentally friendly structures and now to every day life here. after sixteen years in a job turkish president. again seeking reelection this weekend many see him as the man who put the economy on the global map but times have changed the turkish lira has been tumbling for months foreign investment is declining the uncertainty is

also prompting german businesses to pack their backs like this one. fresh fruit and vegetables are the bedrock of maurits far vines business four years ago the german entrepreneur started a small company in istanbul he made juice that he sold from a small shop but a year ago he had to close that shop down and many of his customers were foreigners who had left the country after the attempted coup you know sells mostly to hotels. this is this is carrot apple and paper. he and his american partner built a business up together but now they are looking to leave turkey there's more driving their decision than a longing for home. life here has changed. this is it isn't as free and open or as relaxed as it used to be. i think the main reason is that so many people are under pressure because of the

economic situation. so. the turkish economy has kept growing since the coup thanks largely to government spending but the turkish currency the lira is under severe strain that means imports have become more expensive the weak currency is also fueling inflation increasing numbers of people are experiencing financial hardship add to that the political situation and many foreign investors are feeling spooked . a little somersaults the politicians are trying to make people believe that the poor exchange rate with the dollar well the fact investors are avoiding the country to do with high interest rates which it doesn't in taki everything is connected to just a system education security uncertainty it's all tied to the economy money coming down bombs you know the economy. the country his company will keep going under the management of a turkish business partner. and that's it for me on the business team here in

berlin thank you so much for watching. me. sadly face in this month's time in contests

of election many making the men's president regift tired out on her own cost something became an empty tent and altered the course of the country's name and she and her national profile will tell you what you need to know the reports on live coverage from istanbul and ankara this week on the w. moves. above. me who do you think is going to be bullshit. all the matches all the scores. two goals and eighteen soccer world cup on g.w. . climate change so. waste. isn't

it time for good. ico africa people and projects that are changing no one fireman for the better it's up to us to make a difference let's inspire each other. the political environment magazine. on d w. as you accidentally shot some famous music and play the trombone. some time in the photo album. how can he get out. with him because oh a series.