and lady gaga who everybody expected to climb to the stage as this year's best actress didn't have to leave empty handed together with her co-writers she received the golden globe for best original song. all right you're watching it over news that was of a lot more to tell you about including u.s. negotiators talk trade in china can the top two economies find a way out of their trade war will have that story and a whole lot more all of your business news with them fizzling coming right up in just a moment announcing at the top they are. going . to. look closely. carefully. don't look these simply be too easy to get.

discovered the. lead. documentary. cautions said seeing on financial markets says u.s. negotiate his talk trade in china can the top two economies find a white out of a trade war. high tech household helpers are all the rage as we take a sneak peek at the consumer electronics show in las vegas. and more than

a week dram of concern makers of scotch whisky break peter day global business. i've been fizzling let's do business this is the disputed so us president donald trump first announced high a tariff on chinese steel and before adding many other products creating an all out trade war china is america's biggest trading partner and the experts exports over five hundred billion dollars worth of goods to the u.s. so far washington has threatened to slap tariffs on chinese goods worth around two hundred fifty billion dollars china retaliating or be it to a smaller scale because the u.s. exports fuel goods to the country it said it could impose extra duties on goods worth one hundred ten billion dollars the two countries declared a ninety day ceasefire last month the pressure is on through resolve the dispute before that true six spies and of much if you think that that is achievable.

the u.s. and chinese representatives will need one key quality staying power these trade negotiations are set to be blown and difficult nonetheless there's real hope that the trade conflict may finally be brought to an end china has already outed to ease tensions by lifting its ban on imports of us. and suspending extra time riffs on american cars business leaders are expressing cautious optimism we're seeing an acceleration of many of the policies that china is committed to. pointing to fall within this ninety day negotiating period indicating that china is making signals to shore that there is opportunity for progress here. with tumbling markets pressure from agriculture and from industry the conflict is clearly making itself felt in the us the latest example being apple's revised outlook over falling sales

. week we've been convinced since the beginning that friction between china and the us is not a good situation for either country or indeed for the world economy as a whole china has confidence on the basis of mutual respect and equality that it will be possible to resolve the bilateral trade dispute. china is suffering too as a result of the conflict higher import prices and reduced exports weakening economic growth both sides are feeling the pressure. let's talk about the trade talks with stephen bids lacey and how critical is it that a resolution be found. then i think it's getting more critical as we've seen with the stock market gyrating up and down we know that investors are already nervous about slowing global growth it doesn't really have much to do with this trade dispute but that's in the background they're seeing that they're saying everything's already slowing down and then what is this going to bring you know

that really in the last two quarters the trade has really hit bottom lines for companies and they've been setting up red flags more and more and saying hey this is cutting into our revenues and so there is more of an urgency behind this so how do we get a resolution which additionally would get a resolution the same way any two negotiating sides get it by concessions and by deescalation of course with anything involving president trump it's it's nontraditional right he's very impulsive sometimes form an image in optics matters more than substance so it's hard to really say which way it could go we know that at the heart of the u.s. complaint are two issues one is the trade imbalance the other is. technology transfers which is code for ip theft intellectual property theft from china and so any efforts to resolve those would be wins in his book but they could be complicated. so you can't really escalate this whole trade or you can only deescalate a bit who is in a position to do that because the u.s. obviously as far as trade volumes go it is in a stronger position and has boliver it but china at the same time is going to

overtake the u.s. economy at some stage which i'm guessing the u.s. is quite worried about well i mean i mean you could escalate this further right because there was a large amount of these tariffs that were supposed up to twenty five percent on the american side and that's been the late so there is that in the back pocket but yes both sides have leverage over the other i mean china's economy has been so built around exports that it's really getting hit hard right now it's seeing that without the domestic consumption that it needs to be able to fill in for this that it's really suffering on the american side there are major corporations like apple like boeing. caterpillar they do a lot of business in china hurting which are hurting and they're also very politically connected they're big businesses they employ a lot of people so they can raise alarms as well so this goes way beyond soybeans and intellectual property right for sure i mean this gets into a larger narrative of as you said china's emergence as a real economic threat to the traditional west which is something that's not just hitting the u.s. but also the e.u. the problem is with these tariffs the u.s.

is really isolated itself and again what we see with the chinese economy is what's really been sort of a superficial or maybe sort of a one sided. plan around exports and now it's being it's paying for it it's a thank you very much for coming in. tesla breached a milestone today as they broke ground on its first overseas production line in shanghai and you get factory will allow it to sell directly into the comet had market ten steer clear of the china u.s. trade dispute tesco says it's also exempt from the requirement that foreign companies form joint ventures with local firms seven point three billion dollars that's how much tesla is investing in its new china factory it would be shanghai's biggest foreign manufacturing project ever and it's a coup for tesla many foreign carmakers export into china and pay tablets which is trickier these days with the trade dispute tesla also believes china is the perfect

market it's very important that the world transition to sustainable transport and sustainable energy generation so solar battery storage and look because china has been it will lead or in that transition. so we look forward to helping helping your salary transition along with other car companies in china tesla needs the good news to two thousand and eighteen was a difficult year with the regulator crackdown questions over leadership and mis production goals. the consumer electronics show in las vegas will showcase the most recent developments of the tail pits. this robot gets upset when it can't help with chores. like folding towels but there's another machine for that just one of the many highlights from the twenty eight hundred consumer electronics show which also featured. an ear back for hips. artificial intelligence will

remain a major focus of this year's c.d.'s in las vegas but his firm cambridge consultants is among the more than five thousand exhibitors it's developed to deprave an ai based system for vision the technologies learning how to read blurry images. the machine is essentially creating a new image from scratch purely based on its understanding of what is the real world look like so in a way it's doing something quite similar to our minds are where we look at a distorted image through you know kind of glass which might be a pipe but we can kind of construct an arm on what we think the image looks like on the other side the technology would be valuable for driverless cars it could help the vehicles the cameras deliver a clear image even when it's raining autonomous cars will also be in the spotlight at this year's c e s. britain's impending exit from the e.u. is hurting comic is leading to the biggest full in u.k. car registrations since the financial crisis its uncertainty of a brig's it causing a drop in consumer confidence demand for new vehicles dropped last year by nearly

seven percent experts warn it risks the future of the local auto industry which employs over eight hundred fifty thousand people sales of diesel cars fell even further following the emissions cheating scam. but still unresolved terms of the u.k.'s departure from the european union is also troubling makers of scotch whisky a unique craft has grown into a profitable global business twenty seventeen whiskey sales abroad amounted to five billion euros accounting for more than twenty percent of all british food and beverage exports to still is fear leaving the bloc will rub them. the protected trade box scotch has within the e.u. . imagine a scottish whisky distillery and it would probably look something like this edra dollar distillery in the town of pitt luxury in the highlands and your symington has made this business what it is today a small but fine distillery and one of the few in scotland which is independently

owned and us master of the quite a select group of top distillers his traditional production methods are a good selling point but there's more to it than that. i'm your custodian you know so my job is to. set in the. if not leave as the fighting to be the best of it but what if i live close to the next generation. and the attention to detail pays off after dollars profits before taxes climbed by four percent to seven point six million euros last year the distillery produces around two hundred thousand liters of whisky a year that's not that much compared to the big names in the industry but scotch is in demand around the world. our exports is about eighty five percent so a turnover. itself about forty two countries around the world. mainly is that it's as is a big market for you over a probe is a very key likes as to who things go smoothly and the brits that deal in fact that

is worrying the scottish whiskey industry scotch is still a trademark protected under law however some distillers feel they will lose the protected trademark scotch has within the e.u. . just briefly while bank group president jim yong kim has just announced his resignation of fictive on february first that's three years ahead of his terms planned to end in twenty twenty two kim says he's joining a firm that focuses on boosting infrastructure in developing countries the bank has not provided any other further details except that kristal you know he the the world bank's chief executive officer will assume the role of interim president mr business but.

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