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tv   Business - News  Deutsche Welle  July 5, 2018 1:15pm-1:31pm CEST

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weapons china and the u.s. are poised to impose massive tariffs essar trade dispute the. story coming up with honda humphry in business but also covering we're always going to be looking at whether to tones between the u.s. and the european union could be on the table see me cry saw i decide to do away with kottaras will that coming up in just a minute here on d w thanks for watching and c.c. . a. clash of cultures in india.
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a clash between those who believe in arranged marriage and those who want to marry for love. but that's shaking families and society too because. my father will be angry a little sometimes i think i'm always a day to. remember starch john yates to w. w. swerving to avoid a trade feud jemma call made to sit down with the u.s. ambassador to discuss the prospect of scrapping tariffs on each other's vehicles all together. but don't call all the trade war just yet when it comes to china washington still plans to implement fresh levies in a matter of hours in beijing. mrs day hit straight back. plus
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a warning from jack you a landrover the british comedy says a bad break that deal means it could well leave the u.k. altogether. bases your business of daytime elena home free glad you could join me could there be a reproach mountainside when it comes to trade relations between the u.s. and the e.u. the u.s. ambassador to germany has held a meeting with representatives from the likes of b.m.w. and diana here. now richard grenell said the white house would be willing to accept her moving move import tariffs if the e.u. would do this a u.s. president donald trump is touted import levies on european cars as his next move in this trade dispute that the us president has come under pressure from american business leaders saying an increase in import tariffs would hurt them as well so with the possibility of a good songs on the table i asked our financial correspondent call that boson whether that was having an impact on cautious says of the car makers have been
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skyrocketing today there's a shoot positive reaction to the news and to the rumors here on the stock trading floors that donald trump is now considering the complete opposite of import tariffs on german cars a total scrapping of terrorists on cars is extremely good news for investors even if this meant that the europeans would have to do the same and even if this would mean a probably that the german comic has made great a commitments in the united states in terms of production sites there but of course of this about turn in how investors can see this conflict is completely positive news the question is i suppose now why would any of that be in accordance with world trade organization rules. very good question
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a question that lists are also considering right now went discussing there is the rule of the most favored nation in the w g o which means basically that if a w. to a nation gives an advantage to another nation it has to give the same advantage to everyone else so it's quite probable that china would be looking very closely at any agreement between the us and the europeans but for all i can read and for all i can hear there are lawyers out there who believe that this can be tackled and i can tell you have been at the moment the fine print is not really important for people on the markets people here are just happy that the europeans and the the americans are talking again and that they might consider working together again all right coming out of who is in for us the frankfurt stock exchange thank you. so potentially an easing in trade tensions between the us and the e.u.
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it doesn't seem as if china will be afforded the same treatment though it is now a matter of hours before a fresh round of import tariffs is set to go into effect between china and the united states and if that does come to pass on friday experts say that that is the moment we can then read to about a full blown trade war want to one side punishing the other the consequences will they could chip away at both economies and the paychecks of chinese and american consumers. these car enthusiasts in beijing regularly meet up to take their jeeps for a spin the vehicles were imported from the united states. paid a rant seventy five thousand u.s. dollars for his that's around thirty thousand dollars more than it would cost in the u.s. but the price tag could rise further when the next set of u.s. tariffs comes into effect. this year ten chilled buyers made change their minds due to the price hike.
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this restaurant in beijing will also feel the effect of fresh tariffs it serves pork ribs imported from the us there especially popular among americans living in the chinese capital. manager charles to pilot fears that higher prices could drive customers away of course he could start buying ports from chinese farmers but for now that appears to be at the question domestic calls it just doesn't taste. really the civil fact is that simple but. as fears of a full out trade for growth china's foreign ministry striking a defiant tone. for. china has a regulator preparations. as long as the united states issues a so-called tariff list china will take necessary measures to firmly protect its legitimate interests. of our.
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those who are already owned jeeps in china will probably be doing their best to keep their vehicles in top shape to spare parts will also be taxed higher from friday. will britain's biggest carmaker jack euro land rover has warned it may have to rethink billions of pounds worth of investment in the u.k. if britain leaves the e.u. single market the firm's forty thousand british employees would also face an uncertain future jagger landrover says the so-called hard drugs it would cost at one point two billion pounds a year making it on profitable stay in the u.k. in recent weeks some of the biggest companies operating in britain have criticised the government's regs its strategy internet mogul kim dotcom has suffered a major setback in his six year legal battle against online piracy charges new zealand's court of appeal has ruled that the german born entrepreneur could be
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extradited to the u.s. to face racketeering and criminal copyright charges u.s. claims that dot coms file sharing website make upload last copyright holders more than fifty five hundred million dollars before it was shut down. the six year legal saga is widely seen as a test for how far the united states can reach globally to apply american firms intellectual property rights new zealand's court of appeal on thursday uphill the decision of two lower courts that dot com and three of his colleagues are eligible for surrender on charges related to the now defunct file sharing website mega upload in a statement the court said the appeal was declined because the u.s. government had presented sufficient evidence to warrant extradition discuss the possibilities of settling the business across the it was hinted by that you know we're not one hundred percent jet since two thousand and twelve the u.s.
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has been seeking dotcoms extradition on thirteen counts including conspiracy to commit wreckage tearing copyright infringement money laundering and wire fraud it alleges that he ran a criminal organization could lead to copyright holders losing more than five hundred million u.s. dollars kim dotcom has a final chance to appeal to the new zealand supreme court the country's highest judicial body if you like he says he's confident that the supreme court will rule in his favor but if the court doesn't accept the appeal it's up to new zealand's minister of justice to make a final decision potentially turning the case into a political franco. when if you're the owner of one of the world's over two billion smartphones chances are it was made eight or ten years ago nokia close the last mobile phone factory here in germany but it's production is coming back to the country with a new german mobile phone made with a helping hand for robots. it looks like just another regular smartphone
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and doesn't post any state of the art frills that's reflected in the price tag of google said g.s. white five model a comparatively modest one hundred seventy nine euro's. the munich based manufacturer has a high degree of automation which more than compensates for the high labor costs in germany. for smartphone makers in asia largely rely on manual production we've managed to establish a major cost advantage by having seventy percent of production robots. resolution cost enables us to deliver a low cost product cost. so far the company has one domestic production line in the western german town of bottled the facility assembles up to six thousand smartphones a week thanks to industry four point zero humans and robots work side by side here an option that was not available ten years ago. as long letters and i think almost made it working with the robots initially took some getting used to but then you
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discover what a big help they are the states and i did this in other sports as you know what i robot is putting together the phone you can get to work on another activity. that i think. there's another benefit from automation a low rate of production line rejects. that also makes smartphones in asia but production their season around ten percent of devices exhibiting defects in germany is just two percent. does need us to accredited in affordable we prioritize quality and delivery times side to the in the order if you order a small man from from asia today it will take around four to six months to arrive he was six more little we're warned we want to cut that as a four weeks. in this system for us market accessibility is the biggest challenge also for the all the cities with its. biggest set factory in phone call it hopes to trump facilities in asia in terms of turnaround time not just on the production
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front but above all when it comes to special customer requirements but it was good fun spice how everything from a memory expansion into specialized software on part of bundles featuring items like bluetooth speakers to these i must design related aspects such as color scheme or laser gravy on the article and author of the book site or a bunch number one goal for was we want to offer customers the chance to have their name allays it onto the device. the g.s. one five months a major step forward to get set the entry level smartphone will be the first to be made in germany and if you prove successful it will surely not be the last. and you know business nice coming up pay on it right now i say let at a global markets i'm an outright ban and tax wash.
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austria's fortifying borders. the reason soldiers are practicing how to repel migrants. but some locals find the drills totally inappropriate so. it's fear mongering and i'm really feeling that's because very few migrants are now
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crossing into the alpine republic. next on d w. entered the conflict zone. kids through years since the bronx referendum in britain and my guest this week here in the good news nikki morgan a formal education minister and now a pro remain conservative m.p. why does she continue to trump up a prime minister who has failed so spectacularly to unite the party and become conflicts in sixty minutes t.w. folks. they make a commitment. they find solutions. they inspire. africa
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on the road. stories about people moving in a different school shaping their nation. and their continent of africa on the move stories about motivational change makers taking their destinies into their own hands. t w multimedia series from africa. d.w. dot com africa on the move. hello and welcome to focus on europe how to deal with refugees this is a question that nearly tore on the americal german government apart and it's a question dividing europe more and more european states are closing the borders
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and by doing so shouting my rents out. the right wing populist austrian interior minister.

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