tv Business - News Deutsche Welle July 11, 2018 3:15pm-3:31pm CEST
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especially in defense. of the rover. they could go the distance but you know the saying them fans don't want penalties. yet how does the standing by he be talking about guess what tariffs that's coming up so do stay with us if you can. my first by psycho was just sewing machine. where i come from women are bones by this ocean for. something as simple as learning how to write a bicycle isn't. since i was in middle of god i wanted to have a bicycle off my home and it took me years to. finally they gave up invented by me and i say this country turns people sewing machines sewing i suppose was more apt from three to four girls than writing advice and knowledge i want to meet those
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women back home who are bones by their duties and social rules and inform them about bed beside writes my name is the amount of people and i work eat and. i think. the tit for tat terrorist tirade it's taking its toll on america announces two hundred billion dollars of counterterrorists to counter china's counter terror which it imposed on american tariffs confused it will try and break it all down for. all of grows in spain also feeling the heat the u.s. backs up a decision to impose tariffs office saying european food is unfairly subsidized. cubans going to buy full business licenses again as the state lifts
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a moratorium thought is the practice is just increasing inequality. business to business wellcome we call it the trade war yet tensions between the u.s. and china have gone up a notch as american also yet another round of tariffs on chinese imports on the most recent lists products as diverse as live eels human bicycle speedometers dog leashes and toilet paper well it sounds funny but it adds up to two hundred billion dollars worth of what's the measures are already putting chinese consumers off buying american made products. containers are piling up in shanghai and now two steaks apparently from the u.s. that no move by because they're too expensive since last week chinese customs or thirty's have been searching for meat and soil imports from the u.s. and slapping them with targets of twenty five percent customers in supermarkets of
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feeling the effects and the food industry is already looking for other suppliers outside the u.s. but washington insists on china changing its unfair trade practices and opening its economy that's why the trumpet ministration is brehm pinging its trade for on friday america raised its g.t.s. on chinese imports china retaliated with similar tariffs on u.s. imports and now trump has ordered the u.s. trade representative robert lion hisor to place tariffs on a five a two hundred billion u.s. dollars worth of chinese goods including food and agricultural products the chinese government has called the plans unacceptable. honestly the u.s. is being a typical bully on trade china will take necessary action to protect our legal rights i also want to add this is a fight between you need a truism and multilateralism protectionism and free trade and power and rules.
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china plans to hit back and has filed a complaint with the world trade organization. terrorist counter terrorism counter counter terrorists over a confusing that's shed some light on it and bring him economist tyler fly specked from the united nations regional information center joins us from san and switzerland welcome to the show you have said trump has rights to be angry at americans trading as why's that. yeah because for all faces the situation in the united states. current account deficit trade deficit for thirty forty years and he's no longer willing to accept it she does something other administrations were complaining about but his acting was the first president was acting the others were just complaining he's acting but if you look for example in e.u. u.s. trade there is certainly a us deficit if you look at the goods but if you include services it's actually
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a subclass of yet trump seems completely oblivious to that fact. i think it's not about europe that much he's not complaining about france he's talking about germany it's all about germany because germany really has a huge trade and including services surplus with the united states so but he cannot deal with germany because germany doesn't have its own trade regime that's all done in brussels so he really isn't trouble to get the right for it so say can you decipher a strategy behind all of that and if so what is that maxim disruption of world trade. you know it's not knowledge here you misunderstand it. a person who says deficits and surpluses should not belong to a share and free trade entry trait is right and that is trying. those people in europe who say well you do whatever you want you have surplus deficits are wrong
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the whole idea of free trade is not about deficits and surpluses about comparative advantages than one guy has and the other guy but not about absolute atlanta. so present deficit reflecting absolute atlanta just so far trump is of principle right he's doing it not very smart i mean he should manipulate a bit of dollar down by thirty percent or so and the whole thing would. be done and it's much more effective then all the terrorists up and down again debt it's not really not smart and sooner or later i think you are realize that it's much better to get the dollar down better the percentage done yes no problem at all anymore well in with which way he could do that maybe but with with what's the way he could do that getting the dollar down doubt many many ways of bringing currency down if the euro you talk it down for us presidents either talk it down he would give a press conference and say well we want the dollar down the trade is would believe
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that the federal reserve the american said the banks they would remain down i mean look at switzerland and other countries many countries have weakened their currencies and that's what it's all about to protect their trade and that is what we're term could do and nobody could complain nobody could say oh that's unfair we know the right value of the dollar it's all nonsense then you would be out of there of the critic interesting suggest from economists monophonic thank you very much they were coming back. now donald trump is also increasingly targeting agricultural products from europe in his trade war spanish olives for example have been under tariffs since november last year the u.s. department of trade of health a decision on tuesday saying all of production is unfairly subsidized farmers and illusion depend on the american market and sales have crashed. only trees as far as the eye can see in southern spain they shaped not only the landscape but the
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economy. trumps decision to include spanish olives in his trade war has been applied to the people of underlings to under source of heated discussion even during the world cup. alongside all the other negative measures trump has decided to implement the g t's on a very harmful to the agriculture of under lease here including our village. could be in one of the. agro sivia 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 a very popular product but since trump introduced his import tariffs sales have practically half. fifty people who've already lost their job but i persevered and the remaining workers worried. if i did their little by wearing green but
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mostly standing up to 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 right now 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. from you know what the u.s. is saying is we'll impose tariffs on all products the provide competition to american products and there are simple reasons why we are competitive we produce more cheaply more healthfully in greater quantities and with move right even californians a little more about locally for nearly all. these new measures every threat to the european agricultural policy in general the u.s. government has criticized e.u. subsidies of enabling spanish farmers to sell below
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a fair value french and german agricultural 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. with that is looking to play europe apart with this behavior in part of. the i mean that retro. brussels has already threatened countermeasures the trade conflict between the us and europe is entering the next ground. small business owners in cuba welcome the country's reauthorization of private enterprise after a year long phrase but will say tighter controls than before the communist nation wars that increasing the role of the private sector has fueled inequality mainly because tax evasion and illegal employment are widespread small private enterprises such as beauty salons have tuned in cuba since two thousand and ten when from the president role castro launched reforms to modernize the economy. but
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many intrapreneur just haven't been watching the rules closely enough tax evasion undeclared staff and failing to pay employees 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. it helps us perfect our work and to some extent it will end illegal practices in terms of fuel regulations and other things. we got here. although running a small business has transformed the life 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 despite stricter regulation cuba badly needs to private
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sector to revive its crumbling soviet era economy. well and europe ireland's budget alan ryanair is set to counsel ten percent of its flights to and from ireland. as a pass for a twenty four hour a walkout by pilots the strike will be the first in a series of planned industrial action stops in spain portugal belgium and it's and they will carry out their own strikes later in the month ryanair is known for its locals fast but critics say they are the spends of good working conditions on fast salaries. that's it from me on the business plans about.
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the nationalist socialist on the grounds of this new your nazi terrorist group committed ten murders within seven years. the trial against main defendant be out to chap and her accomplices is coming to an end the reports from the courthouse in munich. there were in the end it's your trial today and deeds will be in use. on beethoven. his works and the goddess fortuna. the munchies and things. insist on twenty.
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eight who do you think is going to be bullshit. all the matches all the scores. two thousand eight hundred soccer world cup on t.w. news. a. warm welcome to the program for miss him but then thanks for changing it we have to that is a let's dive right in with a look at the topics. out of the woods one long mock attack the choosing would to build skyscrapers. setting the pace a chamber orchestra at the plays electronic dance music.
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