joe kayser speaks out in an exclusive interview on b w news the head of germany's biggest industrial company shares his views on world trade the coronavirus and the protests rattling the united states also coming up the trade war goes airborne as the trump administration moves to block chinese airlines from flying to the. united states and the corona virus has shaken up the corporate world bring you the latest list of the world's top $100.00 companies. i'm chris colfer and welcome to the program 1st off though after a marathon round of negotiations germany's ruling coalition parties have agreed a 130000000000 euro economic stimulus program it's one of the biggest rescue packages in the nation's history to address the economic damage of the coronavirus pandemic the package includes a temporary cut in value added tax a one time payment for families with children and lower energy costs for households starting next year the program is also to support economic sectors that have been particularly hard hit by virus lockdown measures. and we'll have more coverage on that stimulus program her

news joe kayser warned that despite the ongoing dispute the rest of the world shouldn't pick sides so the united states is number one number 2 everybody's sort of in those well china will be number one at some point everybody knows that a 5 member one in the in the business segment and that is should become number 2 i don't like it. so i fight and that's the underlying topic and that means it takes a lot of time and american so in about this to couple it because that would mean that the other nations need to decide between friend and foe that that the only way they do it is ok to say sion. ready to go both ways so the head of the men's is worried about how the world's 2 biggest economies are trading blows right now they differ on everything from trade and technology to the origins of the coronavirus to a new law in hong kong now the trump administration is blocking 7 chinese airlines from flying passengers to the united states from june 16th onwards washington says it's a response to beijing's refusal to allow u.s. carriers to resume flying to chinese airports because airlines were su

of germany's siemens joe kayser recently told t w so yes it is the way number 2 everybody sort of knows well china will be number one at some point everybody knows that number one in the in the business segment should become number 2 whether i get. so focused. and president trump has chosen as his key weapon import tariffs he's at one point or another imposed charges on almost all goods from china and bilateral trade fell almost 15 percent in 2019 january so progress with a phase one trade deal signed between beijing and washington but within weeks the arrival of coronavirus on the 2 presidents doorsteps it focused minds elsewhere. now earlier i spoke to keith rockwell director of information and spokesman for the world trade organization and i asked him whether after 2 years we're any closer to a winner in this trade conflict. marco there are no winners in a trade war we see losers really across the board whether it's the american consumer pay $650.00 more for goods and services as a result whether it's german car companies that manufacture cars in south carolina whether it's hog farme

in the united states including over $50000.00 workers and in an exclusive interview on the news joe kayser said he was quote very concerned about the crackdown on protesters very concerned about this one really because 1st of all i mean this is one of the because democracies in the world and we've been looking to hong kong and have been very concerned about the fact that people are not able to call in the streets and peacefully with opinion now it seems we see it seems we see similar methods in one of the most prominent and to create this country's hopeful times believe it was a lift after 6 years i left the country so i really concerned and i do hope that the government and everybody in the leadership you know basically get those matters under control and allow peaceful demonstration your thoughts look at the violence on the control. before the protests in the u.s. even before the coronavirus crisis came along the trade war between the u.s. and china was the number one concern for global businesses in his interview was deeble news joke asr warned that despite the ongoing dispute the rest

of germany's siemens joe kayser recently told t w so the united states is the number 2 everybody's sort of those well china will be number one at some point everybody knows that number one in the in the business segment should become number 2 whether i get. so 5. and president trump has chosen as his key weapon import tariffs he's at one point or another imposed charges on almost all goods from china and bilateral trade fell almost 15 percent in 2019 january so progress with a phase one trade deal signed between beijing and washington but within weeks the arrival of coronavirus on the 2 presidents doorsteps it focused minds elsewhere. now earlier i spoke to keith rockwell director of information and spokesman for the world trade organization and i asked him whether after 2 years we're any closer to a winner in this trade conflict. mica there are no winners in trade or we see losers really across the board whether it's the american consumer pay $650.00 more for goods and services as a result whether it's german car companies that manufacture cars in south carolina whether it's farmers in

of the industrial technology giant siemens joe kayser thanks so much for coming in today for joining press let's get our viewers up to date now 1st of all on siemens on the company it's the largest industrial manufacturer in europe it has 385000 employees and about every country on the planet is actually getting smaller that out though that's because of this man in here today with a stroke acers been spinning off parts of operations listing them on the german stock exchange the last one was siemens health the new years the next one seems energy but its key businesses have been dealt a blow by the coronavirus we're going to talk about that right now. where you see europe and the world headed in the spirit right now we're facing which is the biggest threat to to economic life and to societies in decades look at my people ask me what it's going on and you know how do we go. oh i said look folks don't jury about it because there'll be a time after corona and i always say you know the next the night a stroke is before dawn so you know to worry about it just stay focused make sure that we

of industrial powerhouse siemens earlier joe kayser told news that he wants the money to be focused on future technologies we need to design it in a way that this is not a huge hit but that this is going to be a huge opportunity for the future because you know that is investment if you do it right ok if you do it is that because then you obviously go the way as some countries have called in the new it up of those fair so we need to take those 80000000000 or number is and make it to invest into the future. that's your news update at this hour join us again for more news at the top of next hour. an. odd. the staff are on high and much these days there are rumors that apes and there are no aka condos away for america or to occur in our biases of mourning the loss of a chimpanzee trust fund a gun to my linda hogan but the situation has become difficult because of the cold 19 mommy mommy found the people. go home for going. to the. hi i'm neal i'm good looking for the 2nd season on the fence it's about the environment still about society it's still about the planet's on the brink he spoke t

of of industrial powerhouse siemens earlier joe kayser told news that he wants the money to be focused on the future technologies we need to design it in a way that this is not huge that that that this is going to be a huge opportunity for the future because you know that is investment if you do it right ok if you do it at that because then you obviously go the way as some countries have called in the new it up in the elsewhere so we need to take those 80000000000 number is and make it an investment into the future. that is your news update at this hour thank you for watching the w. can always go to our website dot com for the latest news and information around the clock. impressive i'm sorry. india nature has been taking a brief. knock down his show how much more still needs to be done climate change is the biggest anybody hot really hot. a green economy for the environment and the people. on the c.w. . innovation . but jenny conquered the major issues of our society. the good season the founder's valley on top of holy ghost meets modern day heroes in asia. ready to take on this chall