a win in the round of sixteen would take england further than they've made it in a world cup since two thousand and six but they don't want to stop there they're dreaming of returning to moscow on the fifteenth of july the ultimate goal nothing less than a second start on their christe. still to come is the global car industry already suffering because of the trade dispute then fill in with that story and your business headlines coming right up. front page to. his works god is for tonight. the monstrous and figure. twenty team.

germany state by state. the most colorful. least. the most traditional find at any time. check in with a web special. take a tour of germany state by state on d w dot com. it's a game of nerves traders try to keep their cool as the u.s. and china exchange blows in their trade war but it looks like the consumer will bear the brunt of this fight. europe's economy has brace for levies on their exports to the u.s. the e.u. threatening tit for tat duties. and the. end of the road for hundreds of thousands

of dirty diesels across germany try moving this stock. let's do business world stocks are surging this hour germany has found middle ground in a migration debate that was threatening to topple the government but asian markets will lead today trade tensions continue to intensify and while the world's biggest economies exchange insults it's the consumers who will suffer most. a large number of u.s. imported products including nuts cheese meat and whiskey are said to be affected by the tariffs with just days to go before the next round of tariffs kick in customers at an international supermarket chain in beijing are distinctly unimpressed i think it's stupid that no one is getting anything. really stupid. retailers are also concerned about the trade dispute and they say the prospect of a hefty a shopping bill will lead to declining sales of american products which they stock

. see. if these tariffs are added to then we will definitely have to adjust our prices if customers feel that the price is a very high after the adjustment and sales will go down. most people aren't thinking about the billions of dollars at stake on a national level it's the direct consequence is the trade war will have on the hip pocket that worries them everything is harder and think it's a good thing for the politicians shouldn't create trouble for people americans buying chinese products need them to be cheaper likewise the chinese people buying american products also need them to be cheaper that way everyone would be happy right articles. but it looks like trump's trade war will have chinese customers saying cheerio to american imports. correct boozed joins us now from frankfurt after that a correspondent read the trade anx really rattled stocks again in asia today but

how are the europeans managing to keep their cool over all this. well they are cool at the moment sort off i would say because china really seems to be more in focus of the americans the amount of tariffs that the americans have imposed against china is much higher than the amount of terror of supposed against europeans also the rest rick the rhetoric by the americans against china is more aggressive as china seems to be the economy that is perceived to be the biggest threat to the americans in terms of technology and one more reason why the markets are more cool today here compared to china you know the chinese mainland markets in shanghai and change both have entered bear market territory after having lost twenty percent this year the readiness of investors to sell off more is simply

simply more outspoken in china than here in europe and just briefly correct how about the political risk here in germany which i touched on earlier. well there is a certain amount of relief about the fact that germany has not lost its government after only about hundred days but i have to tell you that what's been happening in berlin during the last two weeks or so has left many people in the financial world and in germany's business world pretty upset correct. don't cry. for us all to meet you again later in the day and tomorrow it's even. u.s. president donald trump has won the world trade organization if it does not treat the u.s. as he feels it should he'll be doing something about it he's announced meeting with european officials over the trade dispute after the e.u. renewed its vowed to fight back against his threat to impose a twenty percent tariff on car imports in

a letter sent to washington the european commission said the move would cost the u.s. up to fifteen fourteen billion dollars in gross domestic product or makers on both sides of the atlantic it warned that higher levies would harm business the white house says the car industry is one area in which the e.u. is clearly taking advantage of the u.s. does the trump administration have a point where the u.s. judy on car imports from the e.u. is two and a half percent but take a look at the e.u. use levy of ten percent on imports from the u.s. quite a difference there but those figures only tell half the story when it comes to s.u.v.s and pickup trucks the u.s. auto industry's main source of income european cars a subject to an import tariff of twenty five percent the u.s. is only hit with ten percent now that twenty five percent tariff dates all the way back to one thousand nine hundred sixty three it was known as the chicken tax

a response to tariffs that france and west germany imposed on imports of american chicken just goes to show trade tensions are nothing new but the damage they could inflict could be exponentially larger this time considering the global supply chains of today that are so interconnected and vital for just in time deliveries of pots u.s. analysts on hailing horsed how the road ahead would look with auto tariffs from washington. well it would be very very damaging especially for the german export industry especially with for the auto industry germany shipping six hundred thousand cars. every year you know and these profit margins are pretty slim if you suddenly get ten fifteen percent of incremental carrots every consulate from germany to the states will be sold at a loss and comments need to seriously consider their value chains that cost

a lot of money so the worry is in germany right now all are rightly so very hard on there in london for us still german comic is a optimistic about the future needs of the emissions scandal no the trade dispute dampening production this year around sixteen point seven million vehicles are said to be produced world wide and you high according to the german association of the ultimate motive industry it expects a small increase of one percent to the number of registrations issued here meaning sales of around three and a half million vehicles should washington decide to raise tariffs on european cars he says he asian advises the e.u. to hit back with a clear counter response. casals in germany's biggest economy might still be going strong but the emissions cheating scandal as i mentioned has dented diesel's popularity all diesels now face bans in some german cities all of which makes the job of a used car salesman a little tricky use multiple. reports. for

a used car dealer but han aslam isn't a speck to his latest purchase that many ten years old with nearly one hundred thousand kilometers under its belt and most importantly it has a regular petrol engine as no longer buys used diesels he says they barely sell any more and if they do only at a loss this b.m.w. has been sitting on the lot for nearly a year even with a discount. for up months worth of faults or were they used to just get snapped up but now customers are very skeptical and hesitant. now because they still don't know what's watch will there be a diesel ban or not for customers that's a big headache. for now. and that's a headache for ass land to a car that won't sell eats into his profits every day used car sits on the lot cost

of money right now he has twenty seven diesel cars on his lot in the south of berlin the longer they sit there the less they're worth. not the let's. during the last two years i'd say we've seen losses of twenty or thirty percent when it comes to diesel vehicles so there's no end in sight we really don't know how we're going to deal with this. is why they get. about twenty kilometers northeast lies the cost car dealership not the trouble is picking up his recently purchased s.u.v. it's new and it's a diesel troubles confident that the latest models meet emission standards and a fuel efficient he says the diesel debate doesn't bother him. as car full the car has power style and it rides a bit higher that's what i wanted and that's all i need. this is the right car for

main street for. the five things. but even new car buyers are turning away from diesels the car dealer thomas cox says he's not worried new car sales remain buoyant even if customers preferences are changing . there's an aimless switching from diesel to gasoline engines so our overall sales figures are robust we're still seeing growth was selling more petrol powered vehicles and that makes up for lower diesel sales among consumers in iraq also places. used car dealers though are facing an uncertain future. aslam says only one thing could help the german government needs to move fast to settle the issue of potential diesel bans only clarity can help restore customer confidence he says and help him move some of these used cars are languishing on his lot. and just

a glimmer of hope to finish on the unemployment figures in spain of finally falling last month they hit their lowest levels since two thousand and eight the spanish labor ministry says in june just three point two million people were without pluck that said it fifteen percent of remains one of the highest in europe growth is looking good there though steady at a rate of three percent reviving struggling industries like construction and record high tourist levels of boosted the services sector and spend. less in business with you i'll see you again very soon here on tell me about.

going to. try to. do you know these european cities close. box of confirmation attraction which is still my interest know an extraordinary cases which may control winter yes go and do. fixate on here at.

least this week. the. next coffee. under small thieves in my clumps. but i come from rajoy remains an important town to myself transmitting news and information and when i was young my country was in brawley and confidence the war throb enough to keep most people would cause them. to see if. it was my job to tour in one of the not just sets so i thought everyone in the town. and listened towards against. letting cars in from insecure my own copy out of control

not more of them. even stopped by us i was a twit and from. my choice to be a scot because given the way he told transmitted to the troops. and in the question how much and i want. to top. up. everyone welcome to another exciting week of euro max i'm your host meghan li from russia with love to berlin on high we're on the road a lot today here's a look at what's coming up.