with the u.s. . and greece has a big debts but its economy is growing again can it stand on its own to two feet europe pass it aside. get hurt offers we'll have those stories coming right up. global. player. on the right. they make a commitment. they find solutions. they can stronger. africa on the moon the stories of both people making a difference shaping their nation leg and their continent of africa on the

move the stories about motivational change makers taking their destinies into their own head and splendid w.'s new multimedia serious look on. d w dot com africa on the move. cold trade war is getting hotter and it is stretching from canada to europe and now india key u.s. trade partners respond to washington's tariffs with retaliatory measures but the e.u. waves a little olive branch saying to trump if you want to talk you know where to find us . more tariff effects germany's top luxury car maker issues a profit warning putting the blame on trade tensions between the u.s. and the rest of the world. plus bailout exit euro group ministers meet in

luxembourg today to discuss the future of greece as a third aid package comes to an end is athens ready to go it alone. is the w. business i'm good how the office in berlin welcome trump's cold trade war is spreading turkey is joining the chorus of countries denouncing the u.s. as tariffs on steel and. is taking action starting today turkey is imposing levies on twenty different u.s. products ranging from coal paper and tobacco to cars and manufacturing goods total value authoritarians are worth around two hundred thirteen million euros and turkey's economy minister says they should balance out the costs of the trumps ministrations. that brings turkey in line with other nations including india which also hit the u.s. with tariffs on agricultural goods e.u. member states will follow suit tomorrow when duty is worth some three billion euros into effect but the e.u. is offering an olive branch to the u.s.

the blocks trade commissioner cecilia monstrance says the european union is ready to engage with the u.s. to solve the trade row between the two western allies service currently visiting new zealand to begin talks on a free trade agreement that. not long ago it was the other way around but now it's europe urging the u.s. to open its markets to free trade. you representatives like. our raelene allies across the globe against the u.s. protectionism. good morning because it could not yet but it could escalate. to a full trade war which would be bad for the whole world because we are so using lenders and european union we are so interlinked in the global economy also in the chinese and the in the u.s. where the global value chains so it will affect us as well it would affect our companies it would affect our consumers. the e.u.

is imposing its own tariffs on u.s. products and they go into effect tomorrow. they'll have goods such as whiskey. jeans and motorcycles. there europe's response to president donald trump tariffs on european steel and aluminum. but the e.u. straight commissioner is trying to leave the door open to new talks with the us government prefer a belief through the world trade organization. so that is a concern. and of course we are trying to work together with partners in new zealand is a very strong partner in that to see how we can strengthen and develop and break new routes within the because it has served us well for know the e.u. is relishing its role as a champion of free trade. and similarly casualties from the front lines of the tariff war germany's dynamo is feeling the pinch already both from the

escalating trade conflict between the u.s. and china and entirely homemade emissions scandal the luxury carmaker has issued a profit warning saying costs from chinese duties on cast produced in the u.s. would take a bite out of their bottom line also has to recall some eight hundred thousand diesel vehicles across europe due to emissions cheated it predicts that before taxes other interest will be below last year's level. as being our financial correspondent from frankfurt only with quite used to bad news from german carmakers these days but how worrying is what. very when you look at the share price that expresses the action reaction very well time were biggest loser here in the frankfurt market tumbling about four percent and that's a lot already after quite big losses so far in the past months and people. not being very trusting with such as the c.e.o.

one analyst said even before this warning came that his time is probably going to be pretty time some time soon he ends twenty nine hundred any ways and this event now will increase pressure on him. saying the diesel scandal and also of course the situation with the cars produced in the united states at the source of this profit warning so damn it being very pessimistic there what are you hearing from other german car makers. well they're also alarmed they're not quite as pessimistic b.m.w. for example it says we're not changing our forecast whether that stays that way we'll see but b.m.w. is in a bit different position because it has only the cars produced in america problem and a very much smaller diesel cheating problem where it says it accidentally put some wrong software in a number of cars but much less than a dime or problem still b.m.w.

is saying we're weighing our strategic options and that's basically wagging the finger at donald trump and saying if you don't change your ways we're producing billions in revenues in the united states with a factory there are thousands of jobs we can also produce elsewhere for pays off better with these tariffs in place and also valvo warning jobs in the u.s. factory new one they're endangered through this policy. will advance in frankfurt thank you. well the use third aid package to greece is set to expire in late august by the time the bailout ends athens will have received more than three hundred billion euros from both the e.u. and international monetary exchange greece cut down on public spending and pasta crucial a controversial reforms to shore up its economy so is it time for greece to go it alone that's what you finance ministers are discussing today greece hopes it will

soon be able to stand on its own two feet again that's why some of its creditors him colluding the international monetary fund and the european stability mechanism will end their support in august it's a step greece's parliament is already preparing for get past the latest reform and austerity package in june eurozone finance ministers now want to discuss how they can remove the final roadblocks for greece to reenter the international financial market one idea is to tie greece's future debt payments to its economic development that means that in good years it could chip away at its suffer in debt more quickly that's something the economic data support greece's g.d.p. had been shrinking for years but since two thousand and seventeen it's been growing the ministers could also decide to extend greece's loans set lower interest rates or even freeze greece's payments for several years but at current rates greece won't have paid off its loans until twenty sixty should the bailouts actually end

in august then greece will be forced to raise new funds on the international finance market and to help convince investors to buy greek debt eurozone authorities are discussing giving athens a twelve billion euro financial buffer when the bailouts and. and they use finance ministers of course not meeting in strasburg bob in luxembourg and there is where. you correspondent. barbara is greece ready to go it alone. greece will be declared to be ready to go it alone because when ministers when there were walking in here a little while said greece has done the work and now they shall be free again the free of the constraints of course of the third rescue package the only thing that is still on the table today are the conditions for how greece is going to pay back this mountain of public debt it's sitting on and the dissolution that is now really

mainly being discussed is that repayments will be stretched into the even further future question maybe another ten years another fifteen years that has yet to be decided so finally it is the question really for greeks will their children all will their grandchildren still pay back the public debt greece has at the moment to the european union of our that's been in international paper staff there's been criticism that germany was profiteering from the greek bailout is not true and how . it is formally true but not really true not factually true because this goes back to the massive buying in off the european central bank the e.c.b. into greek government bonds some years ago now these bonds of course have interest rates and the e.c.b. distributes this money to these central banks of the member european member states

member states of the euro zone so this money is theoretically there however at the last round it was given back to greece this time the plan is to put it into something like a trust fund for greece so if the country behaves if it sticks to the reforms. it can then pull in this money so it will be in the end if things go well handed back to greece itself. another big topic on the agenda is of course the euro zone budget that has been announced of big fanfare. and i call and. very low on detail are those details coming out to be to be hammered out in this meeting. these details will be hammered very slowly because the friendship finance minister when we walked in here and said oh this paper we really welcome it and we think it's great however it is only a proposition he knows well that of course criticism from all sides from sides from

other euro zone member countries are already arriving here so of course now they need to google give room to take everybody to have their say and then they slowly slowly can sort of put together a package the a french on not to with odd reason talking about a road map to euro zone reform so this is not something that will be solved here and overnight but it is going to take some months yet. for us thank you very much. and that's it for me on the business team here in the berlin i'll have an update for you in the next hour of course thanks for watching one.

where most seek shelter from a storm one man heads into to commit. you know you've got about two minutes before the hailstone begins. van who is both a photographer. storm chaser he searches for beauty enough face of danger.

every journey begins with the first step and every language the first word i'm looking for the coaxing germany to cut. why not learn with him correct. the stuffs it's simple our mind on your mobile and free. t.w. zealand in course. german made me see. a clash of cultures in india. a clash between those who believe in arranged marriage and those who want to marry for love to.

accomplish that's shaking families and society to the cool. my father would be angry sometimes i think i'm going to. live commandos starts july eighth on d w. i they're welcome to another edition of your own max keeping you up to date on european culture and lifestyle here's what's coming up today. storm stalker a german photographer specializes in capturing.