tv DW News - News Deutsche Welle July 6, 2018 2:00pm-2:31pm CEST
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this is due to every news coming to live from berlin china hits back for what it calls the gorgeous trade war in history beijing's last retallack tory tariffs on certain u.s. products effective immediately this after the u.s. imposed duties on billions of dollars in chinese imports that already is now say time is running out for twelve boys trapped inside a tight chain more rain is coming so rescuers need to act faster. than the world cup quarter finals kick off today will take you down or go out where an
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entire country is gearing up for their match against france expectations are high as it's passion for the game. welcome to the show my name sara harmon it's good to have you with us china has taken its first shots against u.s. goods in what it calls quote the largest trade war in economic history it's responded immediately to new u.s. tariffs by imposing its own and says they're already in effect the u.s. levies affect some eight hundred chinese products we're talking cars planes and hard drives to the tune of about thirty four billion u.s. dollars meanwhile china's for tell us more tariffs target us agricultural products things like soybeans and the chinese are turning their response into a propaganda victory. since u.s. president ronald trump first announced tariffs on chinese exports beijing has been
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open about their own plans for a tell you treat tariffs on u.s. soil beans among other products for american farmers soybeans used to be one of the top exports now china is working hard to increase its own soybean output furthermore beijing is scoring political points by opening its doors to other asians so i produces the chinese government has announced plans to scrap tariffs on soybean imports from india bangladesh laos and sri lanka they also announced that they would reduce tariffs on other products from asian countries despite president trump's claims that it would be easy to win a trade war american farmers are already finding themselves on the losing side. meanwhile the president is ready to further escalate the situation announcing tariffs on an additional sixteen billion dollars in chinese goods taking effect in two weeks after that trump said the u.s.
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is ready to target a total of five hundred billion dollars in chinese imports. all with me in the studio now is to dump the business anchor helena humphrey helen we just heard china firing back here what's the latest right now we're seeing two ideologies america is made in china going head to head on the wall stage in the ramifications where the will be something that will probably fail for global growth as well so not just isolate it's these two economies so what we've seen is those u.s. tariffs slapped on chinese goods as they promised the stroke of midnight in washington a yesterday and china hit straight back so they've both imposed a terrace to the tune of thirty four billion u.s. dollars so very much to measure for measure a level playing field right now china has said that this now puts the global economy on course for the largest trade war that the world has ever seen so i put
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a bunch of them saw this and she's the executive director of the international trade center in geneva whether that was the case whether that was a little bit or all rhetoric let's take a listen to her. well i think we are facing the largest trade conflict since the second world war but more importantly is that this conflict is already having an impact on the ground it's already affecting workers that are being laid off as a result of the solutions especially in america to move out of the country and produce elsewhere given that it's having an impact on businesses that are not making capital investment decisions because of the uncertainty of the situation but let's not forget our taxes taxes that the consumer will have to pay it will make it is making already american consumers. pay more for the goods they buy and it's making american companies less competitive because the the inputs the import in their manufacturing chains will be more expensive so frankly who wins from this
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conflict is a big question mark today. and chickens all as they're saying consumers effectively are the big losers but where do we go from here can this just escalate forever oh it could potentially escalate very far indeed sara that is the problem the u.s. president will chime speaking on the air force one said be prepared for the next step and that would be levees of up to five hundred billion dollars worth of tariffs on chinese gets so you know a huge amount there and i know many would expect to see the world trade organization at least try to weigh in in this kind of case but trump has already said he wants to take the u.s. out of the seems to be a dwindling international sentiment really to go through. in these kind of trade disputes at the moment so where would we go from here well then there's the potential that we go from a trade war to a currency war that we start to see currency manipulation that the case well even then the world trade organization doesn't really have any tools and it's all still
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to reduce the consequences of that so we're seeing you know some very big risks at this stage to the global economy absolutely and is this a trade dispute that one side can win is it possible to say well either america or china has the upper hand here and lessons from history tell us not if we take a look at past is prologue nobody's ever won a global trade war the one nine hundred thirty s. to which is that something the international monetary fund has reminded us of at the end of the day we know who the losers are the consumer and global growth all right let's point conrad burns and get his take about what this could mean for europe because obviously germany is a big exporting economy we've got conrad burns and standing by at the franc for stock exchange how are trumps policies being received there in frankfurt conrad. of course this has raised a lot of concern immediately for example for the german automakers because many of those s.u.v.s that are now subject to those import tariffs in china and which are
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produced in the united states are actually from german brands b.m.w. and dialer both build a lot of those cars in america and then ship them to china to sell them there they are now facing a forty percent increase of prices but even if german businesses are not immediately connected by the tariffs of course with germany's manufacturers so interconnected with their production lines and supply chains are really nervous about potential ripple effects one of the most simple of those ripple effects is a psychological one. the potential that all this will really have a negative impact on business sentiment worldwide i mean who wants to invest who wants to make decisions on large capital expenditures in times like this everyone's convinced that you know in protection is trade war everyone's
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a loser can have you point to an interconnected economy you point to that ripple effect with all of that in mind i mean how is that playing out on the markets right there. welcome as you can see right behind me the german dax sort of is struggling at the moment to hold the last flights level it's holding up pretty well given you know the bad news but we have to keep in mind of course that the beginning of this new escalation in the trade dispute had been really well flagged investors had a lot of time to price it in and this pricing in of course happened over a couple of weeks the german dax three weeks ago goes to five percent higher than today that today the market is holding up. pretty well has to do with effect but prices for certain investor metals have slumped today but behind this of course is this scenario over global economic slowdown so i would say not exactly
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a positive driver absolutely calling out who's in for as a financial correspondent out the front foot stock exchange great to talk to you. so as you see that sarah german market holding then from now the question in the weeks and months to come how long will absolutely know you in the business you know we're following that for us very closely as time rolls on but turning now to some breaking news that's coming in from pakistan the country's alstad prime minister nawaz sharif has been sentenced to ten years in prison a special anti corruption court handed down that verdict is related to his family's purchase of some upscale london flats now sharif who is currently in london is expected to appeal the conviction has called the proceedings a witch hunt a verdict comes as a nager blow to his ruling party ahead of a general election that's less than three weeks away. rescuers in thailand now say that time is running out as they work to free twelve boys and
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their soccer coach trapped inside a flood of caves and just how dangerous this mission is well it was underscored by the death of a professional diver who was working on their rescue oxygen levels are dropping and more moment soon rains are on the way and now authorities are warning the window of opportunity to act here is limited. it's done dangerous work water levels a high narrow passages flooded. and still the volunteers continue their mission but with news that a former tiny a.v. diver has died no one can ignore the risks involved. some unproven and he was thirty eight had successfully delivered tanks event to the trapped boys and their football coach but he lost consciousness on his dive back it is very risky
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please think about it a navy seal just passed away last night so how about a twelve year old kid. there's a renewed sense of urgency to find a way to free the twelve boys and their coach they've been stuck in this cave for almost two weeks with oxygen levels drilling and more heavy rain expected officials are aware there is no time to lose. previously we thought the boys could live there for a long time. but now everything is changed by we really only have a limited time. for the boys relatives it makes the waiting even harder. over a while in use and it is still dangerous to come out here. for that i'm worried he has never dived but can swim a little. rescue as a trying to provide a line of air to reach the youth football team but as they're trapped for
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kilometers inside the cave nothing about this operation is straightforward. nothing about the operation is straightforward as you just heard let's take a look now at why getting these boys out of that cave is proving so very difficult the group is trapped here about four kilometers from the entrance to the cave and as you can see it's completely cut off by flooded water and crews are trying to pump this water out of the cave complex just as fast as they can an order to make it easier for the boys to navigate their way back to that cave entrance but the group is still likely to have to dive through flooded sections of the cave and that is incredibly risky but i want to find out more now from journalist tim newton who joins us now from thailand tim originally we had heard that the best option here might be to wait for the water levels to recede and then try to get the boys
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out why is that no longer viable. sara well the problem is that there is a monsoon season in thailand and it started a little bit earlier this year up in the chiang rai area in the phone north of thailand usually goes from about july to toivo november and when we talk about the monsoon we're talking bad very heavy rains indeed true insurance. and when just after the boys into the cave on june the third at the twenty third it captured them in the air some of the divers that were trying to get in there in the early phases of the rescue describe some of the water going through the caves like the colorado river like whitewater rafting so there is the water is the big problem and once those monsoon rains released even though they've had three or four days of relatively dry weather once the monsoon starts again by just one be able to even contemplate getting the boys out from where they are at the moment i must be
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absolutely heartbreaking situation for the families who finally know where their children are and now can't get to them engineers we understand are exploring some alternative methods for extracting the boys from this cave what's on the table here . well there's been a few things described in the last couple of days of course the atheist way to get them out is to bring them out the light i came in but with the flooding water and the problems with the the diving considering that none of them have any diving experience that is increasingly complex particularly after the death last night of some on k'naan the thirty eight year old time navy seal if hay gets into difficulty in that cave you can imagine that these on trying kids who can barely even sweat whim can come out that way has been some good watches in the area who know the caves very well who say they know of some some routes into the cave from
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above now there are experts having a look at these areas to see if there's any connection between the preface is and the area that will. inside an eleven kilometer complex so you can imagine that you coming in from the top you need to know exactly where you're drilling a way you're going to see if you're going to be anywhere neat be the area but. also the american musk has said he's going to fly in some expertise and some special drilling equipment that. might be able to get in there talking about drilling three kilometers of rock so the options are very very few and far between right a very complex operation obviously the whole world is watching hoping these boys get a happy ending very tan newton for us in australia excuse me in thailand thank you very much for being with us and of course we do apologize for the shaky audio quality we had there we'll try to improve that the next time around we're going to
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stand thailand for a second where the death toll has risen to twenty seven and a tourist boat accident off the resort island of cat that number is expected to more than double as authorities say there is little hope at this point of finding any more survivors. one in a stream of body bags brought to shore into can't according to navy officials some of the did with found by divers who had entered the sunken hollow others will found floating nearby these are the lucky ones some fifty people were pulled from the water. the to respond the phoenix was carrying one hundred five passengers mostly chinese tourists they sent to officials to help in the search and rescue effort after the incident happened the chinese consulate in songkhla immediately activated its image and see response mechanism and since stuff to the scene of the disaster the phoenix and a number of other boats appeared to have ignored severe weather warnings. when the
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storm struck the to respond was hammered by five metre high waves causing the captain to lose control. of it off the first wave hit the boat rubbish got into the drainage engine so the draining system was not working fast enough to keep the boat steady then more waves hit the boat was tipping from side to side and then is capsized. as hope fades the desperate search for those still unaccounted for goes on thailand is in the middle of its monsoon season with severe weather expected authorities are considering banning boats from going to see during strong winds you're watching get over news still to come on our program your go i won the first ever world cup back in one nine hundred thirty will be heading to south america later to find out about the nation's passion for the game ahead of their quarter final clash with france. but first some of the stories making news
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around the world japan has executed seven members of the doomsday cult that carried out a nine hundred ninety five sarin gas attack on the tokyo subway including the cult leader shoko us a hora you've been on death row for more than a decade thirteen people died in that attack and thousands more were injured. there's been a third night of rioting in not in western france around fifty cars were torched and there were arson attempts on a high school and a petrol station this after police shot a twenty two year old man after he tried to escape arrest drug investigation a placement has been held for questioning in connection with that killing. junior partners in german chancellor angela merkel's coalition government the center a lot of social democrats have signed on to her new tougher line on migration and was a key demand of interior minister for city hall for the leaves miracles conservative
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varian sister party c s u. at least twenty four people have been killed in a series of explosions at fireworks warehouses in central mexico the casualties include rescuers who arrived to help victims of the first blast stella is known for its long tradition of making fireworks but also unfortunately for its history of deadly accidents. a day for sports fans there are just eight teams remaining in the world cup here to talk us through the upcoming quarterfinals is max merrill from the sports us max welcome i know you have a big afternoon of sports watching but let's talk first about organized match up against france what can expect well france went into this tournament as favorites as did germany spain and brazil now of course germany and spain are gone so the even bigger favorites for the title now and it's going to be
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a tricky game for them they have such an incredible squad names like pull pogba standout but virtually every position they have world class players if not to the one that stands out the most is killing them you know he's nineteen years old featured heavily in the argentina game scoring two goals there and he's become the most second most expensive player in the world and he's also the most expensive teenager ever in the history of football he is you can see him here training with the squad taking it easy once he gets going he's quite pacey so he's the one to watch out for you're going on the other hand a sleeping giant of football they won the first ever world cup in one hundred thirty as you said that it is well that year and in one thousand nine hundred fifty one of the. and since then the best they've achieved the two falls place finish is the last one coming in twenty two twenty ten in south africa but still a huge passion for football in the country and we went to montevideo to check out just how it's shaping up that. the whole
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country is gearing up for the quarterfinal match against france here in europe why we're football is more than just a game it's a raise on death row. winning the round of sixteen match against portugal sparked an explosion of joy throughout the country. a party that lasted well into the night. was. on par with the team celebration in the dressing room after the match. yet but at the end of it from now on if we win or lose it doesn't matter we went this far i have no words. i'm pregnant and if i give birth to i go oh who has said i stay. i lost celeste in the sky blues is the national team is called have impressed so far in russia. and the whole of or of why is dreaming of big things to
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come. it really shouldn't if there was that you were going in folks on that has that line never favorites we always come from behind that's all reality but in a certain sense i think we take some pride from it. all of require hopes they can party again on friday. but regardless of the result i hero's welcome for the last the last day whether after this round the next even the final. is a certain. imax everyone loves an underdog but friends for so strong against argentina does are why we really have a chance here speaking as a journalist yes i mean they do actually because they have very combative sides real fighting spirit and they relish being the underdog on top of this the thing with them is that they've got such a fantastic defense they've let let in the least goals in the tournament so far fronts they'll be boyd to see lesson three against
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a relatively weak argentina side the problem for your guys going to be their attack now where they have a fantastic strike in partnership and louis juarez and edinson cavani the problem is that cavani is injured he picked up an injury in his last match and he doesn't look to be much fit the last word we have is that they're going to leave it to the very last minute to give him a fitness test but today in training as we can see here he was training by himself not with a seam he looks reasonably mobile so it's not a case of him being on crutches luis suarez there rubbing his name but fear not your guy fans he's cleared to play even though they had a little knock and training but cavani in him they form this fantastic old school strike partnership that we see so little of nowadays and it looks like that partnership will be broken up cavani will probably be on the bench and for my money it's from start will win this tie all right you've got your big money on the big team so let's turn to brazil versus belgium also coming up later today neymar is
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the standout player in this team they've won i think five times the world championships are the favorites neymar has a lot riding on and i want to take a listen to what his coach had to say and then we'll talk about his chances. you know when i saw with neymar it's not just with the ball and not just dribbling yes there are moves and defensive transitions if you look you will see how much he's been participating on the group that use. i lot riding on neymar today the pressure is on he's been the deciding factor in a lot of games will today be any different i mean he definitely has the chance to produce the magic there and take the tie into his own hands the problem with him he hasn't quite found his form at this world cup yet he scored in his last game so perhaps he'll just have that little bit of confidence that he was lacking before but he also spent fourteen minutes of this world cup lying on the ground rolling around acting like used. to severe weather in minute fourteen minutes in just four games it's quite an achievement and social media has been abuzz
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a little bit with that loads of people criticizing for some peoples of finding the funny side and that of course as well as some kids in switzerland in training they were let's say what may not. have been jack and yet they're obviously embracing the funny side of the thing but for me you know he's had so much pressure on him as you rightly say you can cry after one of the victories. not crying not play acting actual tears flowing from his voice because he was so sound so much pressure coming off his shoulders. seem over the death of the writing on and i think if he produces the magic he can take this tie by the scruff of the neck ok so that's personal but if any team stands a chance against brazil it must be belgium right yeah i mean brazil and belgium that could be a final match up belgium have been fantastic in this world cup they have this golden generation of players and they could probably match brazil and france for the best squad in the tournament at least that's left now so they have
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a real chance his thing i think is going to be very tight game we will either see loads of goals or very few when the big teams like this come up against each other it's a case of do we stay cool twist do we stay or go and i think the first goal be really crucial and getting this match going and we may see a lot of goals i think we're going to see quite a few all right so all the teams looking ahead except for germany who's already out but there is a bit of drama here at home tell us what's going on yes i mean this is the aftermath. of the controversy we're at one took a picture with. two germany players of took his background and he's had something to say now all of a bit of sorry has had something to say and now the team manager of the germany squad here we can see what he's had to say and the crucial line his we didn't succeed with measures so we should have considered dropping him from a sporting point of view now initially germany said no way a wee drop in these players this is a non issue and in an interview with the devotes now he said it was an issue because of the issue that the press made out of it and crucially saying that they
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should have maybe thought about dropping him the german press has taken this quite making this quite a big story we have to remember he's just saying should would or could it was a definite thing that i thought of i said i want to cut it as max morrow with a view of the matches ahead and a bit of controversy here at home thanks so much. well turning to the northern spanish city of pamplona now where the famed running of the bowls festival has officially begun festivities started when a traditional fireworks show was set off thousands of people packed the streets to celebrate dressing white and wearing traditional red scarves for eight consecutive morning starting on saturday daredevils the race was bowls along eight hundred and fifty meters straight course leading to pass along this ball rank. and that's state of the thanks for watching.
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the. international talk show for journalists to discuss the topic. it's premature to us week in german politics chancellor angela merkel faced open rebellion from the interior minister. the government to do said step into the abyss so is the stability of the us in the end point shortly on quadriga. quadriga next.
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reforestation. they create interactive content teaching the next generation about environmental protection and were determined to build something new for the next generation global ideas the multimedia environment series on t.w. . alone a very well welcome indeed to court regular and it's been a tempestuous week in german politics with the refugee crisis once again topping the agenda i'm going to macko face then open rebellion led by this man the her interior minister a whole see whole thing he forced the chancellor to shift further away than ever before from her open door refugee policy and accept the creation of proposed screening council transit centers for asylum seekers.
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