through brazil's rain forest can indigenous villages stop them and protect their lands. and we'll show you a clever new solution for cleaning up oil spills and pollution at sea. this is business as how the office in berlin welcomed 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 is on an additional $112000000000.00 of chinese exports while beijing is countering with tariffs 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. tariff spading meanwhile will 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 was u.s. president on the trump had to say about this latest escalation. we are talking to china and the meeting is still long as you think that there that they haven't we haven't we'll see what happens but we can't allow china to require self 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 frank only bots only new tires

neutral troubles how the 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 a back side 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 the simple mentation 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 droid's or bill is a you know it's just come 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 professionals 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 at the door to bill's office as well and it's spec that 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 rating agencies have downgraded the country's 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 card giants to accept external audit saying and monitoring it comes almost 4 years after the diesel emissions cheating scandal.

and china's massive belton road initiative is attracting more investment from the west than from beijing that's the finding of a study by germany's brussels month foundation western countries spent $290000000000.00 on the global infrastructure project to the years of 2013 in 2070 and 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 power 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 as an obstacle to the country's economic development many here fear that such comments are emboldened and businesses to disregard environmental protection. you'd be you can this team discovered this bridge during an inspection that took place a month ago we're monitoring as. it stretches 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 i don't. suppose your hatred other the

other 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 life of the hoods of indigenous people. back here in europe and no deal breaks it looks more and more likely so many britons are stockpiling food or 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 you to supply shortages james clark has prepared for the worst he stocking up on groceries because many british supermarkets have warned that some of the shelves 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 food of all should mean they are 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. so he stayed 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. but there is an oil spill it seems the containment and cleanup usually involves oil boobs 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 trace and 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. was i don't mean to i don't think we've developed a method to absorb oil the oil binders can be deployed by plane or helicopter even in bad weather 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 as of rostock and leipsic and it's incredibly simple the wood chips are thrown on to 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 had 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 all of us and the moment this is done 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. that's it from me and the business team here in berlin for more business news and back on stories check out our web site as to 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. i'm

not often kept the jet well enough sometimes i am but most end up in which the. german thinks the interjection culture. stereotype question fit in here think it's beautiful country but i'm not. yes needed to be paid for this grandmother day out to me because it's all that they know by my job to join me for me to devon bundy w. . post d.t. know that 77 percent of. younger than 65. that's me and me and you. and you know what it's time all voices part. of the 77 percent speech issue stuff. this is where you cut.

the 77 percent this weekend on d w. natural riches. precious resources. and a rewarding investment. farmland that's been called easy opens a gringo in the country has an abundant supply and leases it to international try and. other government jobs after high export revenues and the corporations high profit margins. but not everyone benefits from the booming business. objects translation environmental destruction starvation. the crisis for government to corporate greed.

selling out of the country. don't use fear know how you know. start september 18th on d w. this is d.w. news line from the fight for survival in yemen. access the war torn country a doctor working 24 hour shifts to help its most vulnerable citizens also on the program. breaks havoc in the bahamas one of the most powerful storms. is now heading for the united states and

a 1000000 residents have been told to leave. and use pleas to a. twit.