the subject i'm now joined by frank for to laurie the newly appointed president of the american chambre of commerce here in germany joining us from cologne mr sports larry if i understand correctly you just got appointed this weekend so i assume i can say congratulations first of all and thank you very much for joining us for being with us today yes that's correct i got elected on friday at a gala dinner friday evening and saturday the work started because there's obviously been a lot of interest in what's going on right now with trade between the u.s. and germany and i'm sure everyone is asking you the same questions now it's our turn what are you telling companies and representatives do you expect this service to take place do you expect a trade war what are you telling the counterparts. well first the first thing we want to tell anyone as that the tariffs of this type and of this nature make no sense for anyone if this erupts into more than just a minor skirmish and into a full fledged trade war there are no winners in anything like that. i must say we're still a little bit cautiously optimistic