well it's picked up on the former president of the w t o is at the global solutions summit in berlin and he joins us now from there good to have you with us are certainly interesting times we're living in here and certainly for global trade how dangerous is washington stance on trade for the global economic system. well it is dangerous. it is dangerous because it's. the only country in this planet and not the smallest one that departs from a long standing commitment in the international system that opening trade is the thing to do however record. the winner loser equation stemming from that may not always be right but it's the first time since a fifty years ago that a major country. becomes another case of protectionism and that's very dangerous although so far so far it's been more bark than bite and the volume in the grocery world trade has not yet been affected is there anything the w t o o can do in order to support europe for example germany in particular in its fight against high import tariffs tariffs on steel and alan minium costs. of course of course the world trade organiza

on that of the on the w t o. the you is considering in part judy's on us products such as much as cycles bourbon cranberries and oranges mexico and canada are also contemplating countermeasures. on george and i by our washington correspondent claire richardson and from brussels our correspondent. to both of you good evening clearly we start with you how has the commerce secretary from the u.s. defended the american decision to slap its allies and its biggest trading partners with these terror. the u.s. commerce secretary wilbur ross really tried to turn this on its head saying that european negotiators failed to convince washington not to extend i exempt into these tariffs either another temporary one or a more permanent solution now this comes after months of anxiety about what the united states was going to do here we saw personal lobbying efforts by french president and manual micron and german chancellor angela merkel who came to d.c. to try and convince trump and not to impose these tariffs on the european u

shift this week on t w. a blessing. and a curse. force of nature and in this scheme. monsoon the tropical players. play the song of the so come to explain the source of play comes the most destruction of. monsoon starting may twenty third two double.

has long ignored w t o rules and even worse aircraft subsidies have cost american aerospace companies tens of billions of dollars in lost revenue. the e.u. says it will take swift action to ensure it's in line with w t o rules but pointed out that the vast majority of u.s. claims were rejected but the story doesn't end there the e.u. has brought its own case against the united states accusing is of illegally subsidizing boeing the outcome of that case won't be known until later this year the tit for tough battle to dominate the skies comes at a time of already soaring trade tensions between the united states and think european union most recently concerning the threat of u.s. tariffs on steel imports the upcoming ruling on alleged u.s. subsidized ation of boeing is likely to lead to further turbulence. and in new york standing my first is our financial correspondent yes cool to see and we have another fascinates in the global trade dispute brewing what response can we expect from washington at this point it seems pretty likely that the u.s. so will impose a mess of tariffs maybe alrea

because of the subsidies that the w t o decided are really were happening so from that respect that's huge and this is a relationship that's on shaky ground as is don't forget the paris accord with the u.s. walking out of the climate change accord and then of the iran deal that now happened in the threats of tariffs that have been happening now for months on end so this bad relationship that we're seeing between the e.u. and the u.s. might just get worse when we're talking sanctions we're not necessarily talking about sanctions against the aerospace industry itself these could be sanctions in other industries in the european union that the u.s. can impose sanctions against and that's it could be all encompassing but the whole thing is here again we're talking about billions of dollars here so right now the leverage if you want to talk about leverage donald trump has leverage in this case and he's pushed this forward and he's making headway as with the sea it really is something that's going to the u.s. advantage as it stands now there's i mean a lot of players here i mean the w t o it

the former head of the w t o tells the w. these a dangerous times for global trade but that the playing field does need to be evened out. and the plastic epidemic regular strolls and cups have a very shaky future in europe. bulldozing through new legislation to save the planet. i mean physical and let's do business mother ella got out early and volatility italy's political stalemate is nearing three months it's driving financial markets mad they cheered on president said as he refused to appoint a euro skeptic the finance minister but he named an economist carlo caught early to lead the country until you were lections that could take a while there was relief among traders in milan when markets opened their leading italian share index left by one point eight percent the euro saw an upswing too after all a new government dominated by euro and germany skeptics could have seen italy step out of the euro zone but now what who will end up governing italy this uncertainty made indexes slide again over the course of the day. yeah wha

well it's pick up on that the former president of the w t o is at the global solutions summit in berlin and he joins us now from there good to have you with us are certainly interesting times we're living in here and certainly for global trade how dangerous is washington stance on trade for the global economic system. well it is dangerous. it is dangerous because it's. the only country in this planet and not the smallest one that departs from a long standing commitment in the international system that opening trade is the thing to do however record now you know that the we know loser equation stemming from that may not always be right but it's the first time since a fifty years ago that a major country. becomes another case of protectionism and that's very dangerous although although so far so far it's been more bark than bite and the volume of the growth of world trade has not yet been affected is there anything the w t o o can do in order to support europe for example germany in particular in its fight against high import tariffs tariffs on steel and alan minium costs. of course of co

world as explained by our she's eligible hyla bitch what will be the longer lasting implications of the w t o's decision will tell you there's a giant sucking sound in the airline industry and if it isn't good plumber national transportation safety board director jamie finch joins us to talk about southwest airlines continuing troubles in war all that ahead but first let's have some headlines the united states has said that iran central bank chief is a terrorist and has accused him of funneling money to hezbollah and iran backed terrorist group u.s. treasury secretary steve i'm a new just said in a quote today the state the global community must remain vigilant against iran's deceptive efforts to provide financial support to terrorist proxies we'll be following this up more tomorrow. and turning to india the pain is not yet over at the punjab national bank or p n b the bank india's fourth largest already reeling from the biggest bank fraud in indian history has now posted their first earnings statement since the scandal and it shows a loss of nearly two billion dollars or one hundred thirty

where they are coming from europe or from its where and i think the european union must fight this the w t o by taking the us to the dispute in the w g o and by repeating with its own power if if mr trump does not back down yes this is a major issue and europe has to stand firm against the us why is why recognizing that the us are not always wrong you when they say that the rules of world trade today are not what they should be and they notably you know some chinese behaviorism which are contrary to a level playing field worldwide so you must side with china against the us and not side with the us against china in trying to improve the rules of world trade through a multilateral negotiation and that's the european mission is another mission amy you generates twenty six million tonnes of plastic waste every year now the european commission has outlined a battle plan to fight the epidemic plastic straws could become a thing of the past and member states may have to pay a fee for every kilogram of plastic waste they don't recycle. the new rules would prohibit plastic straws cutlery and plates

says it will take swift action to ensure it's in line with w t o rules but pointed out that the vast majority of u.s. claims were rejected. but the story doesn't end there the e.u. has brought its own case against the united states accusing it is of illegally subsidizing boeing the outcome of that case won't be known until later this year the tit for tough battle to dominate the skies comes at a time of a ready soaring trade tensions between the united states and the european union most recently concerning the threat of u.s. tariffs on e.u. steel imports the upcoming ruling on alleged u.s. subsidized ation of boeing is likely to lead to further turbulence and in new york standing by for us is our financial correspondent yes cool to see and we have another facets in the global trade dispute brewing what response can we expect from washington at this point it seems pretty likely that the u.s. will impose a mess of tariffs maybe already at the start of twenty nineteen and when i say mess if expectations are we are talking billions of dollars maybe up to nine billion dollars and those te

but at least at this point that's the likely scenario by the way there's also a case pending at the w t o regarding boeing that they also received subsidies from the u.s. side but this case is probably going to take years to be decided and of course we also have the chinese trade delegation on a return visit to the u.s. what do we know so far well we do not have that many details yet on the chinese delegates being here in the united states and also the general. told out of washington is the narrative is not necessarily consistent on one side we had the u.s. ambassador on china saying that the two sides are still well apart far apart over it it comes to the trade talks on the other side larry kudlow one of the economic advisors to the u.s. president in an interview he was talking about a bromance between the u.s. and the chinese president and this good relationship that the two are having eventually could lead to a successful trade talker but it's really a wide open if those two countries the two biggest economies on the planet will find some common ground all right for us in new york th

advantage as it stands now there's i mean a lot of players here i mean the w t o itself it coming down the pipeline as i mentioned there's other decisions to be made so it's going to be seen if this body that a lot of people are saying there is a slow to move forward and that is not efficient as it should be if they're going to make it through all of this as well so there's a lot of key players here and you know some things to be seen because of sanctions get hit in the u.s. hits europe with sanctions you know this is a whole new ball game alex hyla that you're always an air bus of data we thank you so much appreciate it r.t. zealots mile of h. west airlines which had a passenger died not long ago about a month ago when the engine blew apart shattered a window it continues to have major problems airline it is on saturday a flight from denver made an emergency landing in dallas after the cabin started to lose pressure oxygen masks were deployed and passenger rest of put them on their one hundred twenty passengers on the plane four of whom asked for medical evaluation to do due to your p

security to get around the w t 0 rule. is doing, is national security to get around the w t 0 rule.thejustin trudeau in canada has taken real offence and called it an affront to canadians who served alongside americans and it's actually that he came out quite strongly tonight on the issue. it's all part of the way he did get it through in terms of legislation and the white house using it as a measure, but actually language has offended lots of people.

own quadriga in sixty minutes on t w. the flame of the white house playground is shaking but beyond the chocolate with your favorite team play the game is the fact that i'm going to point them at the church in your column look at the entire country the champion of insurance claims for the last sixty years. for mines. coach a video clip. linked to screw africa the local store link to exceptional stories and discussions. of easy town while website debited comes to pick up join us on facebook for cause. welcome to in good shape coming up. butter or margarine what's the healthier option. dustmites a health hazard in the home.

that we're not willing to just submit to the us wish on the other hand it is quite doubtful from a w t o more perspective whether this approach would actually in itself be legal. if you're based in brussels there said great deal of unity and how to deal with this issue or do people have different approaches. well i might like to think for the time being i'm rather optimistic so far yes there is quite a bit of unity here and both the major players if i may say so in the politics also of france and germany are acting quite unanimously here both have had their elections last year so maybe need to show strength in a particular way i hope this continues you mentioned earlier in your show the bracks of negotiations these are things where if the budget gets turmel her toilette there it certainly is more doubtful whether that unity will stand also when it comes to tariffs which then and again may impact the national economies. very briefly if you can what are you hearing from your clients what do they expect will happen. well they would like something to happen namely that is to get clarity as

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w t o the o.e.c.d. are not perfect but the answer to that to the current problems is not to destroy everything now we need to improve these organizations we need to find new ways of working together that is very important because if we go back to protectionism and to everybody being on its own it's going to get a lot worse and also we need multilateralism to fight or to work together in the fight against terrorism that's what im on michael said so far. is that going to help this or prevent this trade war from happening well you know he's trying for the time being none of the two sides seeming to give in though we know that talks are going on behind the scenes at this very moment the economics ministers of france and of germany and the e.u. trade commissioner talking to each other and a little later they will meet wilbur ross the u.s. commerce secretary and obviously everybody's hoping that they will find a solution but for the dime being there has no there is no compromise that has been found so far exa

terry if it is a different story terri is named to w t o and procedure deputy who was an organization built to reduce terror and you believe that we are trying to respect that procedure. you can you can raise terrorist and then we can go to w t o and sue can just settlement procedures in w t o to handle terry feed into his does agreeable maybe to a retaliation and that's what people call trade wars what the west you with trumpets and styled you know it's like if you're nonces like you in the steven show in sr reality it's a new way of doing diplomacy if i may say so no real issue i mean it's unpleasant it's difficult but it can be have all. the central issues that worries me. the most in recent years in the u.s. approach. to international relations in general not just to trade is that they have begun to use the mystic legislation as a way to coerce. their economic advantages mr lewis you know you've been making that point. for quite some time and i think many in europe see triumph as the only problem whereas you have specifically pointed out that the united states have been in applyin

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the w t o to discard it and not create anything in return means to destruct the balance and then the trade disputes would not have any plain tapes not any defendants on the force for decide who is right naturally we're not talking about freezing the existing order. to make dogmatic something that is practically lifeless the world is changing and thus to institutions and rules true change as well one thing is clear this rule should be transparent and common for everyone and they should be observed by all the participants of international economic relationships what is also important is that we need to develop and implement a legitimate change mechanism within the framework to which the international community will be able to discard the outdated and inefficient and archaic norms but at the same time. i'm keeping the best. instruments in creating new instruments which are on par with more than requirements in this vein for global trade agenda especially relevant are the areas where the much retro rules of the game are only forming that is the development of new technological markets fo

security to get around the w t 0 rule. that's an interesting line thejustin trudeau in canada has taken real offence and called it an affront to canadians who served alongside americans and it's actually that he came out quite strongly tonight on the issue. it's all part of the way he did get it through in terms of legislation and the white house using it as a measure, but actually language has offended lots of people. there will still be appeals to the wto that got it to stop it from happening. yes but if you view it as the political when it has to appeal to the base, and the fact that canada has taking action attacks on maple syrup export probably won't bother them so much. let's look at the guardian. brexit to speak french residency. this is the former chancellor, former chairman of the boat leave the campaign and now was to make sure his place in france is assured. you have most of the year he lives in france, and has this sort of leading brexit albeit an advisory level he was not the one in the room making key decisio

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and actually disrupt an economy the bridge plate truck snoozer report starting june eleventh on t w.

a great yourself with t w interior design channel on youtube. but with your. boss a president madam. thank you for taking the time with the basic idea mr president that we speak to you because you're going to be awarded the shot of my new price on thursday but we cannot limit ourselves to speaking about europe alone because we have a very important topic that's right you try it to save the erinyes and nuclear deal when you were in washington why did you fail. i think the most important thing is to maintain stability and peace and middle east and in washington and i have said this by the way i had understood that president trump wanted to. leave agreement from two thousand and fifteen and during our joint press conference i had suggested that we work on a broader framework and i am very sorry about his decision i think it is a mistake and this is why we europeans have decided like we reiterated yesterday to remain within the agreement from two thousand and fifteen as i reminded president of wanny we negotiated and signed this agreement and it allows us to contr

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yourself with t. w.'s interior design channel on youtube. what. difference. does it. to the media. and how few. plates speech tonight. does a football loving country need to reach its goals. we'll tell you how the german soccer made it back to the top. you know what special. dot com. football made in germany. cologne a very warm welcome indeed to quadriga and this week all eyes here in germany have been on the western city over zola again well twenty five years ago a racist arson attack on the house of a turkish family left two women dead and three girls also dead fourteen others were injured german chancellor angela merkel and turkey should foreign minister. who took part in ceremonies that commemorated the events of may the.

to reach to the trash an exclusive look at russia starting to look on t w. a low and welcome to this edition of focus on europe i'm brian thomas thanks so much for joining us continues to present europe with new challenges one of the most contentious is how to handle the border separating new.

oil is going to keep the shell guys as happy as the saudis are with the breath over eighty and with w t i over seventy let me ask you speaking of the saudis we've got opec meeting coming up i think it's june twenty second in vienna but you've got the u.s. pulling out of iran those sanctions maybe iranian production of oil will slow then you've got the venezuela is probably most which look like their production may actually fall below a million barrels a day what does this all mean for supply and demand. this means that china india especially india are going to be very upset about the current levels of crude opec could not be happier they are historically behind the curve when it comes to making up for these gaps that you speak of whether it be angola brazil venezuela iran with the sanctions this gap is notoriously historically been very slow to close but if i'm the saudis or if i'm even shell producers i'm pretty happy about this because having crude above seventy dollars only serves me it's going to be tougher in the narrative will probably change if india or china really start to get

well the french president has said i understand multi-lateralism that our organizations the w t o w t o the o.e.c.d. are not perfect but the answer to that to the current problems is not to destroy everything now we need to improve these organizations we need to find new ways of working together that is very important because if we go back to protectionism and to everybody being on its own it's going to get a lot worse and also we need multilateralism to fight it to work together in the fight against terrorism that's what in monaco said so far. is that going to help this or prevent this trade war from happening. well you know he's trying for the time being none of the two sides seeming to give in though we know that talks are going on behind the scenes at this very moment the economics ministers of france and of germany and the e.u. trade commissioner talking to each other and a little later they will meet wilbur ross the u.s. commerce secretary and obviously everybody's hoping that they will find a solution but for the dime being there has no there is no compromise that has been foun

interesting place right now because their operating costs are about thirty dollars a barrel and with w t i sitting just above seventy seventy one dollars one would think a seven forty dollars thirty dollars per profit when you look at per barrel profit when you look at about three quarters of shale producers they should be sitting pretty but as you mentioned that capital expenditure is that they have to undergo to one revitalize a lot of what we could call a dated pipeline system and also i think the short basically the short life of any of the shale wells is going to be an issue it's always going to be expensive prospect to take this oil from the earth but the interesting thing is you're right we're only number two behind russia right now in terms of production so it's really a pipeline question let's go to that actually so in the permian basin west texas and parts of new mexico it seems like maybe there's a capacity issue with the current pipelines how are we going to deal with that and we need to i guess if we're really going to count on shale to keep the u.s. in the production game.

starting june sixth t w. hello i'm not welcome back to dub the news live from berlin stories the united states is to immediately impose town of some of the aluminum imports from the european union canada and mexico the announcement comes after a last ditch talks in paris failed to reach a green then the e.u. and mexico have said they're imposed counter measures against the u.s. . and ukraine security officials have admitted to staging an antique senden journalist death in p.s. this said it was spot of a sting operation to form a real murder plot ordered by moscow russian officials have denied the accusation. that a dies island unspoiled and unbelievably beautiful lie a bit was made famous by the hollywood for the beach in the movie the scenic spot it is in a secret location not registered on any map in reality it's on the small island of paper lay in the andaman sea off the coast off thailand there you have it but the beach has become a victim of its own famed master resume has spoilt. now thai polities have

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terry if it is a different story terri is named to w t o and procedure the beauty you wasn't going to be able to read you staring and you believe that we are trying to respect that procedure. you can you can raise terrorist and then we can go to w t o and sue can just settle in the procedure the cio to handle terrorist his injuries does agreeable maybe to retaliation and that's what people call trade wars what the west you with a trump is a style you know it's like if he announces like you the it's t.v. show is senior reality it's a new way of doing diplomacy if i may say so no the real issue i mean it's unpleasant it's difficult but it can be handled as a central issue that worries me. the most in recent years in the u.s. approach. to international relations in general not just to trade is that they have begun to use the mystic legislation as a way to coerce of the conflict and their economic advantages mr lewis you know you've been making that point. for quite some time and i think many in europe see triumph as the only problem whereas you have specifically pointed out that the unit

interesting place right now because their operating costs are about thirty dollars a barrel and with w t i sitting just above seventy seventy one dollars one would think a seven forty dollars thirty dollars per profit when you look at barrel profit when you look at about three quarters of shale producers they should be sitting pretty but as you mentioned that capital expenditure is that they have to undergo to one revitalize a lot of what we could call a dated pipeline system and also i think the short basically the short life of any of the shale wells is going to be an issue it's always going to be expensive prospect to take this oil from the earth but the interesting thing is you're right we're only number two behind russia right now in terms of production so it's really a pipeline question let's go to that actually so in the permian basin west texas and parts of new mexico it seems like maybe there's a capacity issue with the current pipelines how are we going to deal with that and we need to i guess if we're really going to count on shale to keep the u.s. in the production game. abso

interesting place right now because their operating costs are about thirty dollars a barrel and with w t i sitting just above seventy seventy one dollars one would think a seven forty dollars thirty dollars per profit when you look at barrel profit when you look at about three quarters of shell producers they should be sitting pretty but as you mentioned that capital expenditure is that they have to undergo to one revitalize a lot of what we could call a dated pipeline system and also i think the short basically the short life of any of the shale wells is going to be an issue it's always going to be expensive prospect to take this oil from the earth but the interesting thing is you're right we're only number two behind russia right now in terms of production so it's really a pipeline question let's go to that actually so in the permian basin you know west texas and parts of new mexico it seems like maybe there's a capacity issue with the current pipelines how are we going to deal with that and we need to i guess if we're really going to count on shale to keep the u.s. in the production g

doesn't mak >> appartly they have been. >> you don --no t keedt's dciis rsomne w shere proeople are wlledg and a frende and the le tu theli aolt ef of thi ouitry't t'>> revealed theit >> exactly. au becapouseid oftentimes the video chansooeing made the fact beuddenly whore say i didnca de it. i didn't do it hy.id uiler et the sbeca lea right? paidca a 8>>dm you iinawf she t hern mericans, whyisro dohey think this is okay? why do they thine si tobe be their fault. had to dog until it hap tns you. because that's the mindset, that's a backwards mindset as long as it's happening to you, it's you pemr>>ight. >> that's the i s wrong way to a lowantu ak if will joinsoerplu eeaines next. ♪ere's no holding b♪ ♪whaa-oaa o new hoce d.c ring a i p nd amendment dment. hel f c hn deartmtam argrud las te>>> and finxp eauseheaa r 4:3y kay thisal is trial a wt we teased ykllck.e hy

arrangements for better access to the markets for industrial products including cars that includes a form of w t o in order to make it more efficient and to to improve the efficiency of the ethernet body it includes an offer to talk on better access for l.n.g. gas to europe and as an important issues because we believe it would be better to cut try to. instead of increasing them we believe that we need more free trade on a global scale and not less and therefore we have we have tabled as proposal the american president will take his decision tonight we do not know the results and according to the decision to be taken of course europe will decide on its reaction and europe is united europe is firm so i am very confident that the message from from the european commission and from germany will be unparalleled in the talks do fail how badly well that the german and the european economies. first of all we should not speculate second. the european and the german economy are very robust so i do not believe in immediate effects but what the should try to avoid. and this was repeated by the french presid

very strong trade power the united states are an ally partner but do we have rules to abide with the w t own rules and we have to respect them and. have others respect them as well it is very important that we europeans maintained a multilateral framework we have a true convergence and our views and we work together and fight against terrorism together with the united states in syria we are working together in the international coalition in africa we work together in the sad and cetera zone against islamist terrorism so you see we have some disagreements but nevertheless and most importantly we have a common interest the will to work for our common security in the same direction we are now at a historical point and we have to maintain this unmounted outer order which we created at the end of the second world war and that is sometimes in jeopardy when we have to create a strong moderate letter alyson as i said and washington. france germany and great britain and negotiated to gether with iran now in europe you have reform ideas that we don't endorse are you disappointed with and i'm. not

terry if it is a different story terry is linked to w t o and the procedure and the beauty you with an organization built to reduce terror and you believe that we are trying to respect that procedure. you can raise terrorist and then we can go to w t o and sue can set them a procedure the cio to handle terrorists he's enjoying his disagreeable maybe to retaliation and that's what people call trade wars what's you with a trump is a style you know it's like he announces like you it's t.v. show is senior reality it's a new way of doing diplomacy if i may say so no the real issue i mean it's unpleasant it's difficult but it can be have all. the central issues that worries me. the most in recent years in the u.s. approach. to international relations in general not just to trade. they have begun to use the mystic legislation as a way to poor urse of the conflict and their economic advantages mr lewis you know you've been making that point. for quite some time and i think many in your see as the only problem whereas you have specifically pointed out that the united states have been in applyin

next week on t w. girl max this week's highlights. sensationally tasty. these days foodies are cooking with flowers. forget hawaii surfing hot spot called denmark. you're known three walls stylish living in a triangle. your romance sixty minutes off t w. make your store t.v. in the smart or the d w four smaller to. what you want when you want to look to do extraordinary in-depth decide what's on sunday morning w. dot com smart t.v. . earth home to millions of species a home worth saving. google ideas tell stories of creative people and innovative projects around the world ideas that protect the climate boost clean energy solutions and. reforestation. using interactive content to inspire people to take action global audience the series of global three thousand on t.w. and online. hello and welcome to arts twenty one coming up on the show. fully integrated hardly the sobering story of a failed attempt to make a home in germany last. the glittering world of showbiz and what's behind the curtain this director gets up close to her subjects.

solution its function is to promote free trade and establish a framework for its critics however say the w t o is a relic of the past and should be abolished. well the former president of the world trade organization let me just happens to be at the forum so we asked him is there something the w.t. opan do to support countries doing the right thing. of course of course the world trade organization has rules. that forbid the sort of action from initiated in the us a notably this terrorist on a still another medium where they are coming from europe or from elsewhere and i think the european union must fight this the w.h.o. by taking the us to the dispute in the w g o and by retaliating with its own dire if if mr trump does not back down yes this is a major issue europe has to tungsten for him again the us why why recognising that the us are not always wrong when they say that the rules the world trade today all not what they should be and they notably. song chinese behaviorism which are contrary to a level playing field worldwide so you must side with china against the u.s. and not side with t