e.u. chamber of commerce in china. the sponge the u.s. into a global trade conflict with new tariffs on european and chinese goods sparking measures of response threatening the stability of world commerce what is a three way tie or if clinch going to bring to the world economy can the standoff escalate into an all out trade war what can the consequences for all involved. your good care former president of the chamber of commerce in china welcome to our show it's great to have you with us today. thank you thank you all right so first let's start with north korea donald trump and came john couldn't have been shaking hands at a historic meeting in singapore and yes president has sad that it's possible to lift sanctions on north korea while the north korean leader has expressed a strong will to leave all the past behind how realistic is this really happening is still a north korean issue about to be finally solved well as we're sitting here in china in beijing there's a chinese proverb every journey of a thousand kilometers starts with a for a

e.u. chamber of commerce in china discussing the looming trade war between the u.s. and china and here prospects in all of this stay with us. are survival it looks like the start. repatriation will get the rest seventy. delegates every track record. to the kids in complete saying oh boy tonight. we can. get. home. on the which i did. eventually got to move this because i'm listening to columbia to ensure. the last. few months. i. and we're back with your good care former president of the chamber of commerce in china discussing whether we're on the verge of a global trade war so trump is saying that europe and came about he has been playing to us for years what their own tower is that he's only correcting things that were unfair carry agree with him. of course not i mean there has been a common understanding about open markets the european union is exceptionally open canada has been a very good partner to the united states and the nafta agreement there's a lot of rhetoric go it coming out of there frankly peridot with virtually no economic understanding it's very sad t

e.u. chamber of commerce in china discussing the looming trade war between the u.s. and china and here of suppressed facts in all of this stay with us. thank. you. properties use collateral and they lend against property and what happens prices are artificially pumped up and jacked up and some people can't afford housing due to the way to fix the housing problem in the u.k. is to take away those fractional reserve banking as property so that prices would come down to the level that is traditionally affordable by the average person in for a. tough . haul moral of kids' lives. cut. loose and limited funding to. those who don't consume don't jell ugandans enjoy the whole joyful deal and the saying i'm done we'll soon enough that equal one to two inches also moved away from the stance me going on in condolence because i don't need a little name to know. to those moodiness listeners this is also the answer to all . and we're back with your good care former president al qaeda chain. we're of commerce in china discussing whether we're on the verge of a global trade war so tr

e.u. chamber of commerce in china discussing the looming trade war between the u.s. and china and here ups prospects in all of this stay with us. i think it's trying to imagine that i say things just to be controversial and you would not withstand the level of attacks of police harassment of detention of having my passport take ten of social services being called on my children of my family being on threat of coming to jihad this plot to behead me in nov twenty seventh i don't believe you would withstand those levels of people trying to trying to silence you if you didn't believe what you senator. this is rather trendy over the past few years to talk about the new world order fair enough the recent g seven in canada in trying to engage north korea for just two weeks. pax americana is undergoing a significant transformation. and we're back with your good care former president of the chamber of commerce in china discussing whether we're on the verge of a global trade war so trump is saying that europe and canada has been playing the u.s. for years with their own tower e

e.u. chamber of commerce in china. the u.s. into a global trade conflict with new tariffs. so european and chinese goods sparking measures of response threatening the stability of world commerce what is the three way tie of clinch go into bring to the world economy and the standoff escalates into an all out trade war what can the consequences of that be for all involved. your good care former president of the e.u. chamber of commerce in china welcome to our show it's great to have you with us today thank you thank you all right so first let's start with north korea donald trump and came john couldn't have been shaking hands at a historic meeting in singapore and yes president has sad that it's possible to lift sanctions on north korea while the north korean leader has expressed a strong will to leave all the past behind how realistic is this really happening is the north korean issue about to be finally solved well as we're sitting here in china in beijing there is a chinese proverb every journey of a thousand kilometers starts with a for a step and i guess that for a start

e.u. chamber of commerce in china. the u.s. into a global trade conflict with new tariffs on european and chinese goods sparking measures of response threatening the stability of world commerce what is the three way tie of clinch going to bring to the world economy can the standoff escalate into an all out trade war what can the consequences of that be for all involved. your good care former president of the chamber of commerce in china welcome to our show it's great to have you with us today thank you thank you art so first let's start with north korea donald trump and came john goodman have been shaking hands at a historic meeting in singapore and u.s. president has said that it's possible to lift sanctions on north korea while the north korean leader has expressed a strong will to leave all the past behind how realistic is this really happening is still a north korean issue about to be finally solved. well as we're sitting here in china in beijing there's a chinese proverb that says every journey of a thousand kilometers star

of the american chamber of commerce to the e.u. she joins us from brussels thank you very much for your time president seems to want to shake up the systems first of all i just want to know just how difficult is your job going to be from now on with these new measures. well we're very disappointed about the decision that's been taken with regard to these measures we've been quite vocal in the last few days weeks among two of these we should have a permanent exemption for the e.u. we really stressing the court about how important the e.u. us relationship is i think from that from your previous speaker that we hope that how many jobs depend on the e.u.'s relationship thriving so we are very very concerned national security is what the trumpet ministration is citing as a reason to impose a starrett he says he says he meets the keep on foreign steel from high lies on a national security ground how is the european union a security threat to the us the european union is not a national security threat after we fall in this. ridiculous cont

e.u. countries. and joining me here in the studio now is dr folk attire from the association of german chambers and industry and commerce thank you very much for joining us this morning said germany the industrial powerhouse is facing increasing trade tensions is this the end of the party for the country's economy. still the domestic driving forces are performing consumption is on the rise the labor market is still going well investments are picking up but yes international activities are stumbling and it seems so that the worst is yet to come to what extent is the united states to blame for this slowdown that we've already seen because i mean let's be honest the german government has also had its fumbling this year which haven't really helped grace. it's not only the usa there is a certain degree of mistrust in several governments must say after the financial market crisis that means now a decade ago that and we are up serving that there are non-tariff barriers making you have bringing noise into the into the trade activities so. protectionism is on the rise and this is now the new form of escalation of what we are rec

e.u. countries. and joining me here in the studio now is dr foca tire from the association of german chambers and industry and commerce thank you very much for joining us this morning said germany the industrial powerhouse is facing increasing trade tensions is this the end of the party for the country's economy. still the domestic driving forces are performing consumption is on the rise the labor market is still going well investments are picking up but yes international activities are stumbling and it seems though that the worst is yet to come they are stumbling it's already prompted miss avies benz for example dining have both lowered their profit for costs and in the wake of those ructions from the united states how worried should they be should other companies be it's not only about copper duces it's it's the whole scope of german businesses related to international activities we are really horrified about the scope of escalation when it comes to new tariffs and retaliations and so forth so that means we are heading in trade war hopefully not but it seems so to what extent is the united states to blame for this s

e.u. countries. and joining me here in the studio now is dr fata tire from the association of german chambers and industry and commerce thank you very much for joining us this morning said germany the industrial powerhouse is facing increasing trade tensions is this the end of the party for the country's economy. still the domestic driving forces are performing consumption is on the rise the labor market is still going well investments are picking up but yes international activities are stumbling and it seems so that the worst is yet to come to what extent is the united states to blame for this so down that we've already seen because i mean let's be honest the german government has also had its fumbling this year which haven't really helped christ. it's not only the usa there is a certain degree of mistrust in several governments let's say after the financial market crisis that means now for a decade ago that and we are up serving that there are non-tariff barriers making you have bringing noise into the into the trade activities so. protectionism is on the rise and this is now the new form of escalation of what we ar

e.u. steel an aluminum despite intensive negotiations over the past few weeks to prevent such a move frank spots and larry the president of the american chamber of commerce in germany joins us now from cologne so very good to have you with us so first of all do you think that those tariffs are justified. well the fact that these types of come is certainly not a surprise but it is very disappointing i. don't think that between trading partners like the even the us tariffs of this type would ever be justified in the view of the american chamber as well as the view of basically everyone in europe the terrorists are a violation of the w t o regulations and we see that in itself as a major issue so if there's a wide consensus that this sort of been prevented by all those talks that took place until basically yesterday who dropped the ball. it's not so much a question of dropping the ball of a but of trying to gain an understanding of how we can help resolve the issues that are out there one can argue the president trump is on to something when he says the trade agreements that are from the ninety's need to be looked at in monitise nafta's from the ninety's th

e.u. exit looks like so i'd have to say no but i'd also have to say that it's a very difficult position to be in it's because of that with the association of german chambers of commerce and industry i thought there was a decision when when was it made two years ago wasn't it in a referendum it was a decision. as it turns out making decision and then. phoning it to result is much more difficult than fault especially from the view of london so also in europe we are still waiting to hear was how can we continue to do business where we're all waiting when when are you expecting some sort of clarity then. a few months ago the but the real issue is. there are too many topics on the table and the topics have to be solved relatively quickly but in the end what we see from continental europe towards u.k. is a fight in between the u.k. government and the companies need to adjust and they don't know how to adjust on both sides whether it's a customs union free trade agreement double duty all standards being still part of the common market questions are all on answered and time is running out and uncertainty leads to a decline in business and we already see the first results uka