tv Business Deutsche Welle October 18, 2019 7:15pm-7:30pm CEST
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as of thousands of taking to the streets in the northern summer city to express express their anger at the jailing of the independence leaders violence has flared some massive protesters and clashed with police in the city center. coming up next did you business with monica jones he'll be looking at us tariffs on the european goods stay tuned. stay up to date don't miss our highlights. new program online w dot com hard. sleep. listen carefully to those. news to get. to. discover the.
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the i. subscribe to the documentary. more of us terrorists this time not for china but europe the transatlantic trade spat over airplane subsidies takes off as billions of dollars in u.s. tariffs hit specialty exports like wind and. also coming up able in based startup connects african artists and swift german pumps to most interested in custom made african products we go to our correspondent in nairobi to find out more about this business concept. what come to do w.
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business africa i want to get jones and good to have you with us the united states has begun imposing terrorists on 7 and a half $1000000000.00 worth of goods from the european union the world trade organization approved to the punitive measures for subsidies that the e.u. gives us airplanes the u.s. originally went to the w t o back in 2004 the duties effect a long list of products like wine cheese the european commission has a list of counterterrorists it wants to impose on american goods as washington subsidizes boeing. more tit for tat tariffs here in the offing. is standing by for us in germany's financial hub frankfurt only want to do that as terrorist mean for e.u. companies. well it means that they will have to have a bit more trouble perhaps selling their wares in the united states because on top of the sales price will come these new tariffs and that means
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a fewer air bus and if you're selling a plane to a u.s. airline then the u.s. airline will have to shoulder that tariff on top of sales price the airline can of course choose to pass that on in the terms of the way of higher passenger tickets if it get get away with that and that very competitive market and ultimately the passenger will be paying for it and the same goes for wine or cheese you can pass that on to the consumer you can also choose if you don't want to worsen your competitive position to suck it up incur perhaps losses and slash jobs in order to make up for it and of course the e.u. says it will hit back is this the start of yet another trade dispute. well it's a continuation with with a new level of escalation and i mean you just mentioned the word to for tat in the next year the e.u. will have its case decided and it might be able to slap tariffs on u.s.
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wares coming in because of its claim of unfair subsidies for boeing. and bruna lemaire the french finance minister has said after a meeting with the u.s. treasury secretary steven the new ssion the e.u. is ready to enact counter measures when i tell you about it frank that's thank you so much. and those new u.s. tabs on products kicked in today let's take a closer look at how those duties of 25 percent on agricultural products impact french wine. in the beaujolais vineyards this year's harvest has been better than expected despite the frost and drought now it's time for a final taste before the wine is released to the world this year success on traditionally its biggest export markets the u.s. is by no means guaranteed that the folks unlikely it's the 1st time that we've had a 25 percent increase in one go is a bit of
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a sucker punch. dominique gets 10 percent of his turnover from the states he's relying on good relations to keep importers on side. in another famous french wine region makers of burgundy hoping their reputation for the highest quality will see them through the tariffs the bone for example is known to connoisseurs around the world. your wine industry offers more and more interesting products from more and more countries so we can't predict how american consumers and american traders are going to react to such a sharp increase in prices. that a failed attempts to get the start date of the tariffs put back wine producers have to adapt to a tougher route into the american market. african products tailor made for you now that's what a 1000000000 based startup office german customers through its web platform they
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can order goods online directly from the craftsmen in nigeria kenya or wonder. this material will be used to make curtains lisa i don't know if sewing them together in her house near the kenyan capital nairobi a customer in germany commissioned to work over the internet platform urban change lab. and have an idea of what. you know. these things work. and he's near dinner so when i'm with the public i have that in mind so we need a family for truth. who want to have. the customer puts their requirements on the web portal and the artisans then bid for the job calculating what their costs will be plus taxes shipping and so on the customer and the artisan remain in contact throughout the process mr and mrs hinna have ordered
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a bedspread for 143 euros they've dropped in that urban change lab in berlin to pick up the finished product we don't want these of them then we chose this color and this pattern because it would go well in the bedroom we have this wooden wall. one of the really what it was. really it's totally what we saw in the video but it's really much nicer it's not. melissa dorio will make around 21 euros on the job there are 130 odd designs in kenya nigeria and rwanda working for a change lab the average commission is worth around 100 euros urban change lab takes a 10 percent fee. and yes delhi is plans but that is the solution here is transparency you basically have to make it transparent not only to those involved but to everyone that one can see it all on the website what has the artisan got for what they have made what did we earn what taxes what are the customs genies what's the
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shipping process to fund this doc in our must works a day job. as a p.r. consultant and says the business is still too small to be profitable in the hopes that will change soon when called normal we have to grow to basically get our logistics and unit costs lower in order to be profitable at the moment we subsidize logistics costs. back in kenya melissa also has local customers but she's happy to get one or 2 additional orders from germany each month via urban change lab. i think what appreciated in a good work well. you know how well you know it's a very good question for me. through improved me from now through and. thanks to that extra income melissa who's a single mother can now afford to study. a more of the story i'm joined by joy
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doraine be a correspondent in nairobi joy to read how do the earnings from such work compare to average incomes in kenya randa and so forth. while to be honest i think the income that they gain from see i've been seeing is an additional income to what the aisle and compared to what they are allowed. to change gives them. the incomplete get from these outsourced products and services that they also give people or even believe for instance is much more than what they get locally because locally the illegal shooting hour is face to face so it's possible that client and the person offering the service is going to come down marginal as compared to when they're outsourcing the services and making products to people who are outside who continent now we had this report that transparency is
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key to this business but is there also a downside to the fact that everybody knows what an artisan got for what they've made. i don't think so because every actually has the negotiating power and their little shooting power determines what they're going to and if i sit in product. and give an example of melissa if she made a better cover for someone in berlin so many else is going to make a different product different fabric and that is going to inform how much they're going to ios all different products actually gives them the leverage to negotiate different pricing and that in itself is good for all the absence because then they are able to determine how much they're going to get peed such a response then like a good idea but do content like the urban change lap have the potential to grow or
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is this just a nice business they really do have the potential to grow because what we're seeing on the african continent now these these more demand for africa made fabric of the global market and at least in itself is begging for more and more of these addison's back in kenya and in countries like rounder and nigeria the more fabric they're able to china and the more demand they like into her of this is a good thing because then they're able to use platforms like i've been changed to market their products and get more clients to them as as customers and this in itself is an added advantage because then it will give the economic independence milissa for example this is huge and saw this additional income is helping her as well to take care of her family but at the same time meet the additional costs to see to ensure peace and other costs as well saw economic independence is
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a key and it helps them to enjoy blood ordering there are they thank you so much for this. emerging market stocks ended a 6 day winning streak today on dismal data from china its economy grew at its slowest pace in nearly 3 decades and the 3rd quarter weak demand at home and abroad is hitting production and the trade war with the u.s. doesn't help either. from the steel works. to the container ports of guangdong and to shanghai as luxury shopping malls growth in the world's 2nd largest economy is losing its gloss china's g.d.p. grew by 6 percent in the 3 months to the end of september that's the weakest growth since china started reporting data by quarters in 1903 officials warn of an increasingly challenging environment. let me call me maintained overall stability
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in the 1st 3 quarters however we must know that given the complicated and severe economic conditions at home and abroad slowing global growth and increased external instabilities and uncertainties we colony is under mounting downward pressure. many problems china faces are home grown industrial output and fixed asset investment. china's army of consumers provided some relief retail sales edged up nearly 8 percent. u.s. china trade war is casting a long shadow slowing china growth could even calls global recession. and that's your business update thanks for watching.
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we saw the different languages we fight for different things that's fine but we also make up for freedom freedom of speech and freedom of the press. giving freedom of choice global news that matters. made for minds. i'm not laughing out of the well just sometimes i am but i'm still laughing when. the german thinks deep into the german culture of looking at stereotypes bequests
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but interesting to see from the country that i no longer. needed to take for this drama. it's all that. i might show join me to meet the germans on the w. . post. this is deja news africa coming up in the next 15 minutes. radio's reach i'll be talking to the journalists who've made it their mission to empower refugee communities with reliable information. and different mediums similar message we'll take a look at a project in ghana that's trying to give women girls and youth self-confidence.
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