through brazil's rain forest can indigenous villages stop them and protect their lands. and we'll show you a clever new solution full cleaning up oil spills and pollution at sea. this is business asia how to office in berlin welcome to the u.s. china trade war escalated over the weekend with both sides slapping fresh tariffs on the other's exports and there is no deal in sight in case you've lost track here's a quick update this weekend the united states imposed levies on an additional $112000000000.00 of chinese exports while beijing is countering with troves on $75000000000.00 u.s. dollars in goods smart speakers headphones and shoes are among the chinese products to be more made more expensive by the new u.s. tariffs mean while we'll hit u.s. crude oil with a 5 percent tariff it's the 1st time all has been targeted in this dispute and this

isn't the end the u.s. plans to raise existing tariffs on $250000000000.00 in chinese exports from currently 25 to 30 percent and in december a further 15 percent on tariffs on chinese cell phones laptops and clothes that will mean that virtually every product made in china will be subject to tariffs in the u.s. here's what u.s. president on the trump had to say about this latest escalation we are talking to china the meeting is still long as you know. that as they have again we have a look see what happens but we can't allow china to require stuff anymore because we can't go out there to take $500000000000.00 a year out of our country we can't do that. speaking earlier let's bring in our financial correspondent in frankfurt only bots only new tires

nutro troubles how have markets reacted to this. in a surprisingly benign way here in europe the dax for example where i'm standing in germany is basically treading water on the positive side if you will going up some points the footsie in london going up as the pound is falling that has to do with worries over abraxas but with the pound lower it's benefiting british shares in the land prices are going up also not with a view to the trade in any way but possibly to a new more stable and more favorable to the euro government forming there so it seems as if trade isn't really all that much of a bother to people in the market the opposite is true of course everybody is watching this very very closely the thing is this position today this implementation now is not a huge surprise people are expecting that but they're also expecting that there can be really no other way with all that's riding on the line the stock market the

economy trumps reelection political stability within china that there is not in some way in the end agreement that will take back these tariffs and then will somehow set markets and economy back to normal. in other news there's some people actually profit from this instability in the markets right now and that's those who operate the markets like the frankfurt stock exchange and they have some news that . that's right the deutsche of bill is a you know it's coming through a failure of a merger with the london stock exchange in the year 2017 but since then it's gone from strength to strength the stock has gone up not least because of the volatility as the professional say in the markets that is when nervous investors russian rush out of the market each time the do. richard belzer profits not just by the share prices the fees generated there but also the in between services that the doctor bills office as well and it's specter because of that success that it will be

upgraded become a member of the euro stock 50 so the church bells of if you will a success story in light of all this catastrophic illness. reporting live from the frankfurt stock exchange thank you. and i we're coming to the other global business stories making the news today the government in argentina has restricted currency trading in an attempt to battle a deepening crisis in its state finances companies will now need to get permission from the central bank to buy foreign currency to the rating agencies have downgraded the country sovereign debt rate. folks are can now bid for public contracts in the u.s. again after reaching an agreement with environmental authorities the deal requires the current giants to accept external audit saying and monitoring it comes almost 4 years after the diesel emissions cheating scandal.

and china's massive belt and road initiative is attracting more investment from the west than from beijing that's the finding of a study by germany's battle's month foundation western countries spent $290000000000.00 on the global infrastructure project through the years of 2013 and 2070 that's $5000000000.00 more than china did. the allison is a commodity and engine of economic growth that's according to brazil's president jaya ball scenario is words have encouraged loggers and prospectors to push further into the region at the expense of indigenous people or and more of them organizing to protect their lands and way of life. small groups the villagers camped out at night on the lookout for signs of trespassing in the lush rain forest they call home this is what environmental monitoring looks like in some parts of the

amazon. this is one of 7 bases installed across the men pregnant terri indigenous territory in the state of pyrite in northern brazil locals here say a lack of inspection by government agencies is forcing them to conduct their own operations to stop loggers and perspectives from encroaching on their land in the past brazil's president shire both narrow has described rain forest protection of an obstacle to the country's economic development many here fear that such comments are emboldened and businesses to disregard environmental protection. you feel you can this team discovered this bridge during an inspection that took place a month ago we're monitoring as. it stretches it kilometers along the biological reserve of sara dorsey on the other side of the river fortunately the team found it before the loggers begun to remove the trees. suppose they hit you know that you my

dear the patrols are taking place as the future of the amazon increasingly becomes the focus of international attention last month footage showing large swathes of the rain forest in flames went around the world brazil's president accused environmentalists obsessing as a light on purpose they in turn say their leader is turning a blind eye towards protecting the environment and the livelihoods of indigenous people. back here in europe and no deal breaks it looks more and more likely so many britons are stockpiling food and medication ahead of the proposed exit date of october 31 brits have already spent 4000000000 euros to prepare for the worst some economists say that help prop up the british economy in recent months one 3rd of all foods in britain comes from e.u. countries supermarkets say some products could disappear altogether from their

shelves due to supply shortages. james clark has prepared for the worst he stocking up on groceries because many british supermarkets have warned that some of their shows could be left empty in the event of a hard brock's it in other words if the country leaves the e.u. without a deal. on today of all should meet up with the getting a head start putting aside some canned tomatoes things like that and. not because i think there won't be anything in the supermarkets but because there might be shortages of certain products so to avoid problems my wife and i are stocking up on some items. one in 5 brits is now stockpiling food a survey shows they're spending an average of $380.00 pounds to do so james clark has also stocked up on medication he's aware that 3 quarters of britain's drugs come from mainland europe.

what i worry about most is my son he has an epi pen which is for people with allergic reactions. so it's hard enough to find an pharmacies in the u.k. and i really think it'll be harder to find with a hard. on call if you see the band but if there were a hard practice it has supplies would last just a few weeks that's one thing james is certain about. when there's an oil spill it seems the containment and cleanup usually involves oil booms floating barriers intended to contain the slick from spreading but that doesn't always work especially in high seas and bad weather now researchers from germany any iran have come up with a new idea. the sinking of the freighter ground america after caught fire off the atlantic coast of france in march was an environmental disaster heavy oil leaked

and due to bad weather it was only possible to contain part of the kilometer long slick following accidents like this hold her own but how and from tracing technical university and his team decided to look for ways to make oil spills harmless so called oil booms only work during good weather during rough seas the oil splashes over the booms. as i don't think we've developed a method to absorb oil in the oil binders can be deployed by plane or helicopter even in bad weather or they can then be used to absorb the oil. so the oil binders are made of absorbent wood fiber the procedure was developed in cooperation with researchers from the university is of rostock and leipsic and it's incredibly simple the word chips are thrown onto the polluted water and begin to absorb the oil after a few hours that oil is completely absorbed and no longer a danger to marine birds the procedure also works in conditions like those found on

the high seas the oil binders have been tested in a way of what the university of rostock after nearly 4 days and artificially created oil spill was completely removed. it was meant as a sawdust and the moment this is them is being tested in the baltic sea as a kind of model region there we can really show how well it works and train employees on how to use this technology and we hope that in the coming years it will be deployed in other regions of the world and will. that's it from me and the business team here in berlin for more business news and background stories check out our website as d.w. dot com slash business and do follow us on social media on facebook and twitter if you don't already do that before you go here's a quick look at global markets thanks for the full.

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