sales plummeting in jobs last fall most say the u.s. president is trying to blow up your group piece by piece. nothing more coming up and down he went to the standing by and we've been to shortly in the meantime can or miss check out our website as did up here on. the to. play. league being fun being told. she's working the goddess fortuna. the munchies and feed. the children switched off twenty.

eight who do you think is going to be little shifts. all the machins all the scores. two thousand eight hundred soccer world cup on t.w. moves. closer to. the tit for tat trade tariffs tirade is taking its toll america announces two hundred billion dollars of counterterrorists count of china's count of tariffs which it imposed on american tariffs confused will break it all down also coming up all the pros in spain are also feeling the heat u.s. backs up a decision to impose levies off to say european food is unfairly subsidized if we speak to all the farms in southern spain and cubans can apply for business licenses again as this. to lift the moratorium is the practice just increasing inequality.

and daniel winter and this is your business update coming call it a trade war yet the tension between the u.s. and china has gone up a notch as america announces yet another round of tariffs on chinese imports worth two hundred billion dollars and the measures are already putting chinese consumers off buying american made products. containers of piling up in shanghai and now to stakes apparently from the u.s. that no one will buy because they're too expensive since last week chinese customs or thirty's have been searching for meat and so imports from the u.s. and slapping them with tariffs of twenty five percent customers in supermarkets of feeling the effects the food industry is already looking for other suppliers outside the u.s. washington insists on china changing its unfair trade practices and opening its economy that's why the trumpet ministration is ramping up its trade war on friday

america raised its duties on chinese imports trying to retaliated with similar tariffs on u.s. imports and now trump has ordered the u.s. trade representative robert light hisor to place tariffs on a further two hundred billion u.s. dollars worth of chinese goods including food and agricultural products china plans to hit back and has filed a complaint with the world trade organization and let's bring economist hung up on this you said that trump is rights to be angry at america's trading partners why. yeah because united states defense and in their current account in the trade accounts for now i think something like thirty even forty years and indeed trump was right in saying this is to a certain extent unfair because free trade shish and trade should be trade without permanent balances on the one side and the other side so something has to be done on the surface country either on the surface countries or the deficit turkey ok but

it's not europe's fault that the dollar is weak and pushing up energy inflation is not china's fault that america is driving up national investment and not savings when the us isn't near full employment and growing why is trumps turn things up at all. you know you see nevertheless whatever. the city economic situation. if you have a trade deficit to permit using something that's why the surplus countries feel like witness now they are the winners the trump is the loser so he says why should we get more even if we are for employment in europe is not. this is not a good argument against them and about savings had nothing to do with saving this is just my view a very silly economy to your it says you need to save to have a current account surplus so it all countries in the world would save they could nevertheless not have a current account surplus because the world cannot have a current account surplus but forget about this for a moment deploying the point is very simple. china and more germany.

gained employment have gained jobs in the past years because of their exports which were to a certain extent maybe not expensive enough not to cheap if germany just isn't thought he he would look at the strategy though and in the end it is going to end up blowing up and trumps face he's pushing china to the edge as we've just heard they cannot match the value of this latest batch of tariffs trump announced that would be the easy way out but they may be forced to intervene against u.s. businesses in china who operate in that all was to sell off u.s. debt to hit american bar was where it's trump is going too far. to say of the last argument again it's no argument at all if the chinese are selling us debt for someone to buy to us debt that's not not the threat to the us

at all and no way they were to draw you're not a harrowing. no no no no not at all because the boring is the turn by the american central bank the federal reserve not by the market the market this is all kind of theories that trump doesn't buy and is not buying. for good reason so. this is all kind of new liberal neo classical economics that he doesn't he doesn't . accept and he doesn't believe and so far in my view he's right to a certain extent at least and so far we have to come back to the client who did what and was it justified or not and to germany wage dumping has not only hit the unit united states but it has hit europe and so even in europe we have to find a solution for that and why should we all the time complain about we have to do something germany has to change and no country in the world can have a current accounts of eight percent nine and over many as china has reduced its

overall it's multilateral current account surplus and that is right getting all the time out to china is not justified germany is a different situation germany has done nothing to reduce its current accounts of ok but throwing the neo liberal economics out of the window trump as he said is for straight to the germany's massive trade surplus from the german side but what they supposed to stop making great cars tell consumers to stop saving their hard on pashman he said savings on even involved here what do they need to do prefer. well you have to get have to increase your prices oh do you increase your prices based physio wages don't be where the cards so the higher wage increases what is the solution that's very simple like that as germany doesn't have its own currency it has to use wages to both think if germany would still have the demand the demand would appreciate it which has exactly the same effect as a prius increasing wages more and he has. spent more in the public

deficit. pays them up and it's a not be proud of his famous black zero vertuous nonsense and just ok so germany's hands are tied there by the euro it sounds like economist kind of prospect thank you very much for your analysis on the work done. and donald trump is increasingly targeting agricultural products from europe and his trade was just take spanish all lives which have been under tarp since november last year now the u.s. department of trade has upheld the decision today on yesterday on tuesday saying all the production is unfairly subsidized farmers and under new see it depend on the american market sales have plummeted. only trees as far as the eye can see in southern spain they shape not only the landscape but the economy taking trumps decision to include spanish olives in his trade war has been a pleasure to the people of under-used. under source of heated discussion even

during the world cup. maybe that. alongside all the other negative measures trump has decided to implement the g t's on a very harmful to the agriculture of under including our village. could be an. actress of a a is a co-operative that's been hit especially hard it's spain's biggest all of exporter and the us is its biggest market by far. all it's over very popular product but since trump introduced his import tariffs sales have practically half. fifty people who've already lost their job for a sylvia and the remaining workers are worried. if i died there but i hope that we're angry but mostly scared. i'm not sleeping well and i keep wondering what's going to happen to us my family in the mortgage depend on my salary so of course

it's a big burden market though. for the u.s. is accused spain of dumping selling its products too cheaply in the us and outprice in california olives trump says he's just hoping american farmers. when you know what the u.s. is saying is we will impose tariffs on all products that provide competition to american products and there are simple reasons why we are a competitor we produce more cheaply more healthily in greater quantities and with more for right even californians a little bit more about luckily for me i know. these new measures that were threat to the european agricultural policy in general the u.s. government has criticized e.u. subsidies of enabling spanish farmers to sell below a fair value french and german are cultural products could also end up in the firing line. set the ground up with the attack on the common agricultural policy as an attack on a cornerstone of the e.u.

would pick it up trump is looking to play europe apart with this behavior but. the i mean that retro. brussels has already threatened countermeasures the trade conflict between the us and europe is entering the next ground of the cuban small business owners welcome the country's reauthorization of private work after a year long phrase the communist nation is concerned the private sector is fueling inequality small private enterprises such as beauty salons have tuned in cuba since two thousand and ten when flown the president roll castro launched reforms to modernize the economy. but many entrepreneurs have been watching the rules closely enough tax evasion undeclared stuff and failing to pay employer contributions have become common that's why the government stopped issuing new licenses for some business segments last year now they're all the rising businesses again but with

stricter rules. that helps us perfect our work and to some extent it will end illegal practices in terms of fuel regulations and other things. although running a small business has transformed the lots of many cubans for the better the regime fears successful business owners could threaten its grip on power so to keep individual emissions at bay when you rule states that business licenses will be restricted to one person. business update thank you for watching.

i'm gong to go out. call truly. venturous journey a long journey. i don't feel very excited about what awaits me on that trip the river the land base added challenge it allentown or along the way i have twenty five kilometer they had to move by and look all the way to town called. double. they need to go into more contests.

with their full featured begin. they should be it must stay the instant. they give him a female mention the ship would've. made in germany in sixty minutes long t.w. . we make up oh but we watch as often that found out that if we all december seventh is a. game wants to shape the continents future it's part of it and join our numbers as they share their stories their dreams and their challenges the seventy seven

percent platform for africa charge. nico piece in germany to learn german. published in the. why not learn with him online on the mobile and free to suffer from a v.w. dealer in course nico speak. and.