well you know now the joins us now from the association of german chambers of commerce and industry and you're good to see you i've been talking to lots of analysts about this for weeks now and they are saying a word saying that this would be the big one the metals tariffs both china and you the u.s. were just testing the waters but what it would if it came to cut tariffs is going to really start a trade war well it's a very difficult situation at the moment and even the the reasoning for the new attempt to impose tariffs is a little bit constructed so we're heading into a very difficult situation on world trade and especially because one of the major german branches with the car sector is targeted a little bit constructed national security i mean where is the reasoning in that what's what's washington strategy. well the surge seems to be a little bit always the same for us if we. impose with strong words threats and then we might discuss about it it's very difficult to negotiate. on such a background but the question is what will really follow and this is a major attempt to take the ge

will get easier that will be you know on that potential trade war for the association of german chambers of commerce and industryhank you. and so he's got a favorite among fans also major made in germany them but massively popular around the world it's a car that screws into the hearts of millions worldwide the v.w. beetle has a vast fan base in germany and beyond with many want to work by its cute round form and reliability of course as a bag celebrates its eightieth birthday today that you takes you along for a joyride. with its red orange paint job and circular headlights it's ten months in the months pride and joy he's been a big fan of v.w. beetles for decades. true so they're nice and round really cuddly just adorable almost when you stand in front of it you see a really friendly face looking back. hammon cinnamon takes me on my first ride ever in the legendary car. there's not room in this. windows or. probably wouldn't. have a completely different. twenty two million have been sold and it was even once the world's best selling car it has also been popular in the us and. helped lay the foundation for the

of economic growth. let's talk a bit about this now joining me here in the studio fucka tyo from the association of german chambers of industry and commerce good to have you with us so from the german business perspective what is the state of the russian economy right now the mood among german investors has risen recently we have more than five thousand german companies very active in russia after yes three four years of an economic slump the mood is much better and economic growth is back again german investors are investing ok so what is this growth actually coming from what we've heard that the world bank expects russia to grow one point seven percent this year despite those ongoing and now even a new round of sanctions other having any impact at all. first of all we have a relaxation in gas and oil prices and russia is very dependent on commodities so for far the recovery is really as the ground on this recovery of commodities second is russia has improved in the ease of doing business in the index of the world bank by eighty ranks now it ranks by around about thirty fifth rank and that means a really improvement so there isn't an imp

get easier that will you know it will on that potential trade war for the association of german chambers of commerce and industry thank you. the diesel scandal has officially reached dima germany's transport authorities as the comic are installed a legal defeat devices in its sadie's benz veto delivery van will have to recall six thousand of them the agency says dima use the technology to switch off the exhaust cleanings is thems during driving which would boost nitrogen oxide emissions aimable have to remove the prohibited software from and spends. it on a share price under fire on two fronts the car tariffs and its recall general loans been tracking this story for us from the frankfurt stock exchange ginnell house dietl doing. well for now they've released a statement saying that the technology they installed was there to ensure quote a robust exhaust gas cleaning in various driving conditions and that the only reason the transport authority thought that was illegal was because it's not a requirement as such in order to pass emissions tests so for dyer it's down to differing interpretations of the law and they

well earlier we spoke to earlier note from the association of german chambers of commerce and industry asking him what the measures mean for the american market well the american market is extremely important for german problem in your figures and that's why they also have a lot of investments on the sector sorts of orbit. and underestimation of the strains also of the german carmakers in the u.s. on the other end u.s. consumers seem to of german and japanese cars for terrorists are imposed and then first of all prices will rise over american customize to pay for that it's a question of who is making the better product and that's what i meant with competition you have to there's a competition in the car sector and the americans. try to sneak below that bar and say we impose tariffs and everything will get easier that will not be the case and i asked our wall street correspondent sophie szymanski how america justifies calling foreign car imports a national security threat. well daniel i think it's really important to understand here the way that will go wrong is actually defining nation

earlier we spoke to him from the association of german chambers of commerce and industry asking him what the measures mean for the american market well the american market is extremely important for german calming effect. and that's why they also have a lot of investments on the sector of sorts a little bit. in underestimation of the strengths also of the german carmakers in the u.s. on the other end u.s. consumers seem to of german and japanese cars for terrorists aren't imposed and then first of all prices will rise so the american customer has to pay for that is the question of who is making the better product and that's what i meant with competition you have to there is a competition in the car sector and the americans a little bit try to sneak below that bar and say hey we impose tariffs and everything will get easier that will not be the case germany's leading lender is slashing over seven thousand jobs it's part of an overhaul of the bank under a new c.e.o. christiane c.v. his wife back in twenty twelve was the world's second largest investment bank since then it's slipped to numb

of economic growth. let's talk a bit about this now joining me here in the studio is fuck a tire from the association of german chambers of industry and commerce good to have you with us so from the german business perspective what is the state of the russian economy right now the mood among german investors has risen reasonably we have more than five thousand german companies very active in russia after yes three four years of an economic slump the mood is much better and economic growth is back in term and investors are investing ok so what is this growth actually coming from what we've heard that the world bank expects russia to grow one point seven percent this year despite those ongoing and now even a new round of sanctions are the having any impact at all. first of all we have a relaxation in gas and oil prices and russia is very dependent on the commodities so for far the recovery is really as the ground on this recovery of commodities second is russia has improved in the ease of doing business in the index of the world bank by eighty ranks now it ranks by around about thirty fifth rank and that means a really improvement so there is an

say the move is unlikely to create new jobs you know joins us now from the association of german chambers of commerce and industry and you're good to see you i've been talking to lots of analysts about this for weeks now and they are saying a word saying that this would be the big one the middles tariffs both china and you the u.s. which is testing the waters but what it would if it came to cut tariffs is could really start a trade war or it's a very difficult situation at the moment and. the reasoning for the new attempt to impose tariffs is a little bit constructed so we're heading into a very difficult situation on world trade and especially because one of the major german branches with across sectors targeted a little bit constructed national security i mean where is the reasoning in that what's what's washington strategy. well the surge seems to be a little bit always the same for us if we. impose with strong words threats and then we might discuss about it it's very difficult to negotiate. on such a background but the question is what will really follow and this is a major attempt to take the german car ind

earlier we spoke to ilya north from the association of german chambers of commerce and industry asking him what the measures mean for the american market well the american market is extremely important for german calming effect. and that's why they also have a lot of investments on the sector all sorts of a bit. an underestimation of the strengths also of the german carmakers in the u.s. on the other end u.s. consumers seem to of german and japanese cars for terrorists aren't imposed and then first of all prices will rise over american customers to pay for it is the question of who is making the better product and that's what i meant with competition you have to there is a competition in the car sector and the americans who are built to try to sneak below that bar and say we impose tariffs and everything will get easier that will not be the case germany's leading the lend is slashing over seven thousand jobs part of an overhaul on the dodge of banks new c.e.o. christie and saving his wife back in twenty twelve ga was the world's second largest investment bank and since then it's slippe