possibly looking at the classifieds in the near future because germany are expected to win and they will be a shame if they are booted out of this world cup well that's almost was a red cross how to send a thank you chris how spoken we're going to cannot. have both here at the top of the hour i have a hunch it will have no business something's in just a moment you're watching. the sun don't entice inspires came from jurors or dealing with any and i don't they killed many civilians. including my father while. i was a student i wanted to build a life for myself that these totally he's suddenly life became how much and sob.

providing insights. that matters. little more for facebook and twitter. to date and in touch. at the. harley davidson hit the road to the all american motorcycle make it decides to move some of its production overseas to. also coming up. call makers in britain put the brakes on investment and made uncertainty over a post briggs trade deal. and going electric public transport is charles form didn't and then is china moves ahead with plans to dominate the world emerging markets for electric vehicles. base is your business

update on how the home for. you could join me harley davidson is has announced it will be moving production of its motorcycles for the european market from the u.s. to india brazil this softer the european union slapped tariffs on american motorcycles in retaliation to washington's levies on imported steel and for american workers jobs could be on the line is the latest on the intended consequence of trump's trade policy. these french bikers are enjoying a ride on their holiday davidson motorcycle they'll be fine if any of them needs a new bike anytime soon after all the company will absorb to you in part tariffs of a two thousand dollars bike but that's just a quick fix tariffs rice from six to thirty one percent last week holiday of at

someone's two of them entirely in the long run the company plans to shift more of its manufacturing overseas the announcement upset u.s. president trump. he said he is surprised that harley davidson of all companies would be the first to wave the white flag and set the taxes are just a harley q's. a union representing harley davidson workers agree to a trump saying the company had plans to close its kansas city plant even before the e.u. announced a new tariffs. wisconsin governor scott walker however joined critics of president on a trans as collating trade dispute with the e.u. harley davidson a space then the state's largest city mo walky. walker said no tariffs is good for wisconsin manufacturers and farmers. partly

davidson has been relying on europe and other international markets in recent years amid declining u.s. sales. well germany's b.m.w. now says it is not considering moving production out of britain in the face of brakes it yesterday a b.m.w. executive was quoted as saying uncertainty surrounding brakes it could lead to the closures of song british factories still breaks it is taking its toll on britain's automotive industry britain's society of motor manufacturers says investment in the sector has fallen by almost fifty percent in the first half of this year due to uncertainty surrounding the process of britain leaving the european union the automotive ropey claims the government's conflicting messages on breaks it a working against calm a case. the u.s. treasury secretary steve minutiae has responded to reports about the united states crackdown on foreign acquisitions of u.s. tech deny that washington is specifically targeting chinese firms menuchin insists

that investment restrictions will be imposed on all countries accused of trying to steal u.s. technology but washington remains concerned about chinese investments in key high tech sectors like artificial intelligence even betsy and robotics. well with me here in the studio is a professor of economics at the free university. great to have you with us today now when it seems that the real sticking point for the united states with china is this industrial expansion policy the china twenty twenty five policy with its rapid developments washington couching it as a national security concern is it right well everything is being wrapped now in a national can security framework we can see whether it's on the border suddenly migration becomes a national security issue also everything in trade steel aluminum imports from

canada are considered a national security issue so here there is a kernel of truth in the u.s. complaints a lack of call it regulatory reciprocity but to clothe that in sort of this national security issue you know twenty thirty years down the road right now the united states and china are rivals and as rivals other countries have similar issues so i think it's more the issue of how do we coordinate to get this regulatory reciprocity that when investors go into china that they are treated the way chinese investors expect to be treated in the united states there is a kernel of truth there is a candle of truth but just picking up on that idea of rivalry that you've just spoken about to a certain extent we're talking about phenomenal progress a plan which will allow for a lot of development of high high tech sectors is it not the case that the u.s.

feels that china is threatening the waldorf. china is growing. china is also putting its money and resources where its mouth is it is saving enormous amounts it's investing enormous amounts in the scientific engineering infrastructure of its own country viz would be the kinds of a. the sponsors that we would expect to see as well instead of working around the edges talking about. the fine points of joint ventures the united states if it's seriously addressing this issue of where the united states is a technological power would require a lot more investment at home by the u.s. so what happens now them because china is staring down the barrel of more tariffs for example from the united states but isn't that the sense as well that the u.s. needs chinese investors couldn't this hurt the u.s.

economy when ever you put up an obstacle whenever you put up a wall that hinders the movement of goods services people human capital and physical capital or financial capital you're making the economy less efficient in that much is clear there are winners and losers every time an intervention comes in the real question is. is this particular measure being conducted the right way at the right time and too much is happening at the same time on the entire trade as well as finance front on the world stage as well on the world stage as well as well you know the european union's also had issues with china when it comes to steal its impose what it calls anti dumping tariffs have they paid off have they what where do you draw the line well drawing the line is going to be harder but what is clear is when there are asymmetries and in this especially in how foreign investment is treated how intellectual property is

treated china is the odd man out and there it makes sense for an international call it coalition of the willing a coordinated effort be made and not the simple bilateral the us is not in a position by itself to get the significant kinds of changes in chinese behavior. from the free university of we appreciate your thoughts thank you you thank. and china is determined to become a while leader when it comes to electric my bill to get there is subsidizing call prices issuing produces with quotas among other rules including overhauling polluting public trans force and now the city of shenzhen is eating away. at a light hummer instead of the roar of a diesel engine in just three years all of change and sixteen thousand buses have

gone electric the city's bus drivers have been retrained and there are now five thousand charging points at bus depots. a fully charged bus can travel two hundred kilometers that's about a day's driving. genting you is spearheading the changes woman where i'm hides out one song we can charge a bus in the evening when services have stopped for the day. with all that's good because electricity costs less in the evening only you mean so the bus company saves money to hear the reasons why electric buses cost about twice as much as diesel ones but because power is relatively cheap in china the city council says electric buses cost less in the long run it claims the local economy has benefited to. the buses or made by b.y.d. a car maker based in shenzhen b.y.d. is a global market leader when it comes to electric buses supplying cities like london

and budapest. exactly yes this is just a stunt it's just a baby step but the one in the fish if we didn't already we did not only want to eat actually fight those passes but also may want to thank you dr file of texas tried that already out of. china's government has an ambitious strategy plan when it comes to electric mobility and the administrative regions are doing their bit two thirds of shen gens taxis have already gone away trick. you idea runs charging stations throughout the make a city which the taxi drivers use at the end of their shifts its peak period then not everyone however is happy. to get it because on is always in the wall it's not worth it might have to charge my car for two hours every day that's a loss of ten or twenty years of business instead of earning money i said around

the play games on my phone. and that gets boring after a while. but the city's government is having none of it and says the low power prices make up for any other losses and drivers have to make sure they take regular breaks anyway. that's a day off today with the latest from the world of business from war head to our web site d w dot com slash business you can find us on facebook follow us on twitter on there as well at hand in the c humphrey is my handle before you go is a real time check on the global markets at this hour thanks for watching up i.

want. to go i'm. resolved to stones with difficult backgrounds who rose to the top. of a dead invisible to see look at the area by live accusing marcos of young from i'm trying to transfer. how do they become top players in the finest into.

the arctic ocean. but why does little pile up in this remote region of the world. researchers from germany are trying to get to the bottom of this mystery. tomorrow today sixty minutes on. board. european stars to lead roles in performance of. live concerts every weekend cut in concerts.

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