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makers of motorcycles jeans and whiskey and this is a countermeasure allowed under the rules of the w.t. you and of course the european union has also filed complaints with the boat trade organization to sue the united states because the using all these terror of war is illegal ben draycott thank you so much for your analysis from brussels. italy's tough stance on migration is especially fall into north of the country embarrass them all for example it's a stronghold of laika the party known force and time migration rough reich still we follow some small business owners with migrant backgrounds who are actually thriving here is more. francesco rue is meeting a client who's looking to market his equipment in asia. he needs help woohoo was born in china his family moved to milan when he was eight years old but that doesn't stop people from making assumptions about him. so no doubt i mean engineer i studied in milan i've spoken to talian for more than twenty years but when i meet people they always perceive me first as chinese then as an engineer like. northern italy which has a robust economy i
makers of motorcycles jeans and whiskey and this is a countermeasure allowed under the rules of the w.t. you and of course the european union has also filed complaints with the boat trade organization to sue the united states because the using all these terror of war is illegal ben draycott thank you so much for your analysis from brussels. italy's tough stance on migration is especially fall into north of the country embarrass them all for example it's a stronghold of laika the party known...
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united states do you take it this possibility seriously do you think the united states under this administration could actually abandon the w.t. altogether but you know this is difficult to speculate. i would only say that i hope not i think this is not going to do a lot of good to anybody at all and least of all the united states because. dimity the united states. if it. created this system its oil huge benefit not just for the rest of the can but also for itself i mean in the end remember that you know from a poor second world war the united states gave them leave and really kind of created this very video and one trading system which we have to be saw it's going to be you know news. proposition now when president trump talks about trade he doesn't only talk about it being free and fair he talks about it being reciprocal in searching this bilateral symmetrical calculus to what has been a multilayered and highly asymmetrical system of global trade do you think free and reciprocal can really core exist when it comes to you know trading around the planet you know sun on the process b. has been a part of our system trading syst
united states do you take it this possibility seriously do you think the united states under this administration could actually abandon the w.t. altogether but you know this is difficult to speculate. i would only say that i hope not i think this is not going to do a lot of good to anybody at all and least of all the united states because. dimity the united states. if it. created this system its oil huge benefit not just for the rest of the can but also for itself i mean in the end remember...
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the united states do you take it responsibility seriously do you think the united states under this administration could actually abandon the w.t. altogether but you know this is difficult to speculate. i would only say that i hope not i think this is not going to do a lot of good to anybody at all and least of all the united states because. demented the united states. if it. created this system its oil huge benefit not just for the rest of the can but also for itself i mean in the end remember that you know from a poor second world war the united states gave them. really kind of created this very good. when we're in trading system which we have to be so it's going to be you know lose lose proposition now when president trump talks about trade he doesn't only talk about it being free and fair he talks about it being reciprocal in searching this bilateral symmetrical calculus to what has been a multilayered and highly asymmetrical system of global trade do you think a free and reciprocal can really core exist when it comes to you know trading around the planet you know sun on the process b. has been a part of our system trading
the united states do you take it responsibility seriously do you think the united states under this administration could actually abandon the w.t. altogether but you know this is difficult to speculate. i would only say that i hope not i think this is not going to do a lot of good to anybody at all and least of all the united states because. demented the united states. if it. created this system its oil huge benefit not just for the rest of the can but also for itself i mean in the end remember...
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as a former chief of staff for the world trade organization without experience i wonder do you think that the w.t. i will be able to help calm these masses. well you see the wu is all these countries the w d o is one hundred sixty four countries around the davil though you do you is what these countries want to be and i do hope that after some initial moves i hope these moves are aimed at going back to the negotiating table sitting around a global table simply because unilateral measures do not solve problems that have to do with in international trade cross border trade cross border i'm not theirs by definition cannot be solved with unilateral decisions indeed but i'm wondering if there's the appetite for that for the w t o involvement right now because we've seen germany have to see the us talking about lifting tariffs on cause for example i mean could we now be seeing a move to bypass a global trade body and if so what could the consequences be well first of all is not germany would have to be europe because germany does not have authority over trade policy is europe that has authority over tr
as a former chief of staff for the world trade organization without experience i wonder do you think that the w.t. i will be able to help calm these masses. well you see the wu is all these countries the w d o is one hundred sixty four countries around the davil though you do you is what these countries want to be and i do hope that after some initial moves i hope these moves are aimed at going back to the negotiating table sitting around a global table simply because unilateral measures do not...
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you say june china and the e.u. are willing to talk about reforming and improving the w.t. on the basis that it maintains its core principles and continues to operate based on rules that foster free trade mostly so on the one hand you've got china saying it wants to enforce global free trade on the other hand the e.u. has long complained saying china's intense bureaucracy strict rules and subsidies make it extremely tough for foreigners to access their market so could trade tensions soon have an effect on the country while the latest stats today show the country's growth as we go to the end slowing slightly as you can see and china thinks that this figure at the end could go down further for the year now much of that is the result of china trying to offload a bunch of debts but with a looming trade war the economy could be lacking the firepower it needs to push forward what's clear from this is that we're seeing headwinds for china's economy well it's not just china that's complained about the u.s. to the w t u t oh yes quarters following the back and forth for us from wall
you say june china and the e.u. are willing to talk about reforming and improving the w.t. on the basis that it maintains its core principles and continues to operate based on rules that foster free trade mostly so on the one hand you've got china saying it wants to enforce global free trade on the other hand the e.u. has long complained saying china's intense bureaucracy strict rules and subsidies make it extremely tough for foreigners to access their market so could trade tensions soon have...
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w.t. is the way to go the other thing to say here is that as you were saying in your introduction they now agree on a great many things and they also agree on their opposition to the sorts of things that that president trump has himself opposed on environmental policy on the goshi asians with iran and in terms of trade they agree with each other they don't agree with donald trump and germany has long been the biggest trading partner for china within the e.u. hasn't it. yes very much so it's been in some ways for the chinese government a gateway into the e.u. that's something they clearly want to preserve and to expand upon if possible hence coming to this country hence signing deals and seeing courage in the growth in deals and that sort of thing and so you have the sense very clearly that from the chinese perspective and from the german perspective it's very much about growing their mutual relationship it's a warm relationship here and the important thing to remember is that it's a relationship that they think is a sign of how things can be done specifically when they compare that with th
w.t. is the way to go the other thing to say here is that as you were saying in your introduction they now agree on a great many things and they also agree on their opposition to the sorts of things that that president trump has himself opposed on environmental policy on the goshi asians with iran and in terms of trade they agree with each other they don't agree with donald trump and germany has long been the biggest trading partner for china within the e.u. hasn't it. yes very much so it's...
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w.t. and this is an opportune moment for the pics countries to actually come together put their heads together and the strategic about how they will actually corporates in the w.t.r. would you expect smaller economies maybe and other economies not part of brics kind of looking towards more cooperating with the countries part of absolutely because all smaller countries stand to be heard by unilateral as in a protectionist measures so i do expect that of course nations with just not the countries but in expansion the smaller economies ok thank you so much thank you so know well. it's quite ironically maybe you like about a decade ago when brics crew were created in the form we kind of know with now skeptics who couldn't really pinpoint the purpose of the block they saw the united states of this is the literal jack of all trades well now with the tariffs and all the trade was washington could prove truly to be a master of none really as you've just again as you've just heard experts are saying that well a lot of countries and economies may be looking towards brics ironically in terms of trade oh i don't know day two of the brics live there enjoy a book south africa and often t
w.t. and this is an opportune moment for the pics countries to actually come together put their heads together and the strategic about how they will actually corporates in the w.t.r. would you expect smaller economies maybe and other economies not part of brics kind of looking towards more cooperating with the countries part of absolutely because all smaller countries stand to be heard by unilateral as in a protectionist measures so i do expect that of course nations with just not the countries...