tv Business Deutsche Welle January 14, 2020 10:15pm-10:31pm CET
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here's an issue for the country that i don't blame. here you did seem ridiculous drama there you go it's cold out there are the new i'm rachel join me to meet the german from v.w. post. china and the united states prepared to sign phase one of a deal aimed at ending their months long trade war but with major issues still on the result we are squats next for the world's top 2 economies. also coming out of the trade war has caused huge disruption to companies in both china and the united states we take a look at one american bike makers pale bottle. and what you drive a treaty president carter a carlin start hopefully it's only
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a matter of time before they'll hit the road. this is d. w. business i'm kate ferguson welcome. it's a days some thought may never come the united states and china are gearing up to sign the 1st phase of a trade deal beijing has committed to buying more american farm energy and money factored goods and both sides have held off on imposing far their tariffs on each other and many other issues like intellectual property and technology transfer remain unresolved still it's a major milestone in a dispute that's wiped billions off both economies. it is a gloomy winter day in shanghai even the upcoming trade treaties between the world's top 2 economies can do little to brighten the. both sides are reaching. a point that would be acceptable not to victory i think this is the nature of the so called to face the one deal
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between us and the charm experts say there are no winners the trade dispute has been expensive for both countries us terrorists cause the chinese economy $35000000000.00 in the 1st half of 2019 according to you when estimates meanwhile the trumpet ministration has had to provide a total of 28000000000 dollars to farmers to mitigate losses in the agricultural sector and the phase one trade deal doesn't remove all the terrorists so the dispute is still ongoing. i think it would be a fight right to. strike between china and the united states and so both sides will continue to try to be with a strategic advantage or. an outlook that suggests there could be more gloom on the horizon as attention turns to phase 2. now for more on this let's cross over to
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detail the financial correspondent jose luis to harrow on wall street high of a louise it's nice to see you as always details of this one trade deal are still pretty scanty what's the talk among investors. they are eager. to learn older needy greedy details of phase one but it's worth noting that even when to full tanks it will be released and we still want to have access to a confidential. attention at this time is focusing mainly only 2 issues one the amount of u.s. product china will be purchasing around $200000000000.00 over the next 2 years including substantial increases in agricultural manufactured and goods and services the question always china will be able to absorb these a completely and how it will impact all the trading partners and the 2nd issue is we know that once a plan b. in december got canned so and then once implemented in some temper are getting but
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there was a sense that over the next 10 months that the rest of the duties of will be somehow revised and maybe reduce as well and according to some sources quoted by some out here in the us there is no agreement so far ok so still a whole lot of unresolved issues there what do you think is going to happen next heavily is. located. now the u.s. will keep taxing more than half of the chinese products that derives from the country i believe in the medium term even in phase one some issues like ip rights and protection and forced transfers are basically approach there is a still a long way to go also there are no commitments for structural reforms or even subsidies from china on top of that we cannot forget about national security issues involving the way we didn't you sales of us component said 2 chinese companies so as you can see there is the still
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a wide margin for tensions ahead of us of steel. as a low entirely thank you. the u.s. china trade dispute has been going on for 18 months for many companies it's been a time of extended uncertainty our next report traces the fortunes of one american bicycle maker as it tried to move production out of china to avoid paying u.s. terrorists. when state bicycle tire decided to shift production of niche city fights out of china to escape u.s. turfs it took months to find another factory in asia willing to do business with the arizona based company the firm tons of time was some ice truck trees that were too swamped with business from american life. they declined it sort of because they weren't big enough to be profitable the struggle to find an alternative to china epitomizes the challenges many u.s. firms have faced since the start of the trade disputes while the phrase one deal
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may be a step forward it's not a solution if we knew one way for sure was going to go away or one where you know the tariffs would be here to stay we could plan a long term but right now we have to kind of be nimble and and move in short term increment. the phase one trade deal suspends a further increase in tariffs on bicycles and other chinese made goods but that leaves on the existing 25 percent import duties on products including bikes to give the u.s. leverage during trade negotiations uncertainty remains nearly 30 percent of north american companies have switched supply chains away from china according to a recent by by cowen and company. several manufacturers are now moving operations to other countries in the region including taiwan thailand and vietnam but the other countries often lack the infrastructure and capacity to absorb every american company a state by school found out. to triple or doesn't pay 30 percent up front to
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a small taiwanese factory for it to take orders unlike the chinese. the us china trade disputes is reshaping the global supply chain. boeing has lost its title as the world's largest plane maker to its european rival airbus last year the us company delivered just $380.00 jeff liners that's less than one. airbuses tally the news comes as boeing continues to grapple with the full lives of the 737 mox crisis the model's been grounded since march after 2 facial expressions gracing agency moody's has said it's considering downgrading boeing's debt bracing. u.s. tech giant microsoft is to stop providing security updates for its windows 7 operating system the move means users will have to upgrade to other systems or risk becoming bunghole to hacking the company has advised people with machines that are old enough not to be compatible with the updated software to consider buying new
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computers windows 7 was released more than a decade ago. now there's been a sharp increase in maritime kidnappings across west africa especially in the gulf of guinea the international market time bureau's annual piracy report shows a 50 percent rise in instance in $29000.00 compared to the year before piracy globally however is in decline. and whether it's a move towards electric mobility or autonomous driving car makers around the world are under pressure to innovate or risk being left behind while many established companies here in germany are struggling to play catch up younger companies are stepping up to the challenge in berlin one startup believes 3 d. printed and electric cars are they on super. efficient digital and self driving this will be the car of the future if the berlin started big rap has anything to do with that loki prototype is the company's 1st car that's fully 3 d.
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printed. for me look he's the expression of many contemporary trends that have been joined together in one visionary vehicle. those are driving. a 3 d. printing. we're always trying to go these 3 things together to create a unified vision. daniel greening and his team spent 12 weeks designing the car it's made up of 143 d. printed parts made of nylon and other industrial grade materials the pod cars designed for short distances in an urban environment later this year the car will be equipped with an electric motor so that it can go out on its 1st test drives each part is equipped with a digital fingerprint chip that will allow the parts to be printed on demand on any 3 d. printer. but lowkey is still very much
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a car of the future the german auto industry is still largely wedded to traditional manufacturing methods and combustion engines experts say car makers overall tend to be slow to get on board with innovation. to change that in germany will have to make friends with experimentation and failure we favor stability and conformity with safety norms that's good but if you want to go digital you have to practice. researchers and developers agree the auto industry will need to go all in on mass production 3 d. printing it's the only way they say for the industry to remain economically competitive and flexibly fulfill customer demands while meeting emission standards and conserving natural resources. many replacement parts today is still manufactured using traditional series production methods for that to be economically viable many parts need to be made at once they are stored in a central warehouse and then distributed 3 d.
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printing can change that. it would allow us to manufacture only what we really need where we actually need it. or to put off food. loki's designers hope that 5 years from now the 1st autonomous fully 3 d. printed vehicles will hit the road in germany printed with a fleet of big red printers. from me and a business team from or you can check out our website of the w dot com slash business we're all social media too and you can find us on the facebook on twitter for me it's good by.
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well go to the girl next new channel. most good morning story. with exclusive. the must see concerning parts culture if you're a. place to be for curious minds. do it yourself networkers. subscribers don't miss out. every 2 seconds the person is forced to flee their home. the consequences of the disastrous our documentary series displaced depicts traumatic humanitarian crises from around the world. forgetting we don't have time to think i didn't go to university to kill people but i can tell me i mean a handful of people feel for their lives and their future so they seek refuge abroad but what will become of course to stay behind and simply battle
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