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e.u. commissioner for trade cecilia mousetrap will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the high import taxes on u.s. cars and foods like meat. now let's bring in our financial correspondent here journal the german economy minister is signaling the willingness to make concessions the chinese premier saying the country would be open to moves that would bring down the u.s. trade deficit with china what do people on the trading floor think is u.s. president donald trump's strategy working. well first of all it's important to note that the idea of seeking redress for a trade imbalance is not entirely wrong if you look at it from the perspective that export heavy weights three direct demand from elsewhere and that causes local production to sag and create unemployment now whether donald trump should be using a prank been shipped based approach is a is a different matter entirely and that's not really one that anyone here at the trading floor would really endorse now it's an approach that nobody
e.u. commissioner for trade cecilia mousetrap will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the high import taxes on u.s. cars and foods like meat. now let's bring in our financial correspondent here journal the german economy minister is signaling the willingness to make concessions the chinese premier saying the country would be open to moves that would bring down the u.s. trade deficit with...
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e.u. commissioner for trade cecilia mao strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u. use high import taxes on u.s. cars and foods like meat. and should the european union not reach an exemption from a fresh u.s. import tariffs the block has announced it would strike back with levees of its own that as divisive as that would be hit is ten pages long and includes some of the most iconic products made in the usa we're talking highly davidson motorcycles for one straight out of wisconsin additional tariffs could hit the company just as it seeking to find new custom is. that sound is worth around thirty thousand euros and holly davidson's munich branch is busy the first rays of spring sunshine see customers flocking here. is now threatening to levy import tariffs on highly davidson's as a response to new u.s. tariffs on steel an element approved by president trump penalties could amount to twenty percent on the famous american cycles twenty yeah twenty percent would be a real bl
e.u. commissioner for trade cecilia mao strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u. use high import taxes on u.s. cars and foods like meat. and should the european union not reach an exemption from a fresh u.s. import tariffs the block has announced it would strike back with levees of its own that as divisive as that would be hit is ten pages long and includes some of the most...
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e.u. commissioner for trade cecilia myles strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u.'s high import taxes on u.s. cars and foods like meat. let's bring in our financial correspondent generic do my lounge at the frankfurt stock exchange now genelle those tariffs yet to be implemented on a friday our european companies they're bracing themselves. yes but not just because they're afraid of the chair of spurs say in fact the european central bank chief mario draghi has sought to reassure the euro zone that to the potential fallout from steel and aluminum tarps would be manageable in the block but of course the real fear here is that. retaliatory measures in response to these tariffs would inspire a tit for tat spiral out of which there is no clear exit that the parties negotiating in washington seem to be doing their best to strike a flexible and conciliatory tone conciliatory tone but no one knows whether it will work not even from the u.s. side it seems and if you need more e
e.u. commissioner for trade cecilia myles strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u.'s high import taxes on u.s. cars and foods like meat. let's bring in our financial correspondent generic do my lounge at the frankfurt stock exchange now genelle those tariffs yet to be implemented on a friday our european companies they're bracing themselves. yes but not just because they're...
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e.u. commissioners and everybody else here congratulated berlin on the result of this this questioning the base is the basis of the social democrats so general sigh of relief because what europe really wants needs is german stability angela merkel has been the beacon of stability for so many years now and this would have been a really bad point for european politics for her to sort of leave the scene as she knows how to make compromises in europe she knows how to handle people she is a fantastic negotiator behind the scenes and everybody really relies on her to bring forth compromises in the future about e.u. reforms about break seek new negotiations and of course about the deep divide that is opening up between western and eastern european states and briefly once and america is sworn in and a government is installed here in germany what is a priority for brussels there is a whole range of topics of course there is this divide to that between east and west that will have to be negotiated the talks will start heating up the later in the year so a firm hand on the tiller is needed for that a
e.u. commissioners and everybody else here congratulated berlin on the result of this this questioning the base is the basis of the social democrats so general sigh of relief because what europe really wants needs is german stability angela merkel has been the beacon of stability for so many years now and this would have been a really bad point for european politics for her to sort of leave the scene as she knows how to make compromises in europe she knows how to handle people she is a...
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e.u. commissioner for trade cecilia mao strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u. use high import taxes on u.s. cars and foods like meat. now let's bring in our financial correspondent. here general the german economy minister is signaling the willingness to make concessions the chinese premier saying the country would be open to moves that would bring down the u.s. trade deficit with china what do people on the trading floor think is us president donald trump's strategy working well first of all it's important to note that the idea of seeking redress for a trade imbalance is not entirely wrong if you look at it from the perspective that export heavyweights three direct demand from elsewhere and that causes local production to sag and create unemployment now whether donald trump should be using a prng friendship based approach is a is a different matter entirely and that's not really one that anyone here at the trading floor would really endorse now it's an approach that
e.u. commissioner for trade cecilia mao strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u. use high import taxes on u.s. cars and foods like meat. now let's bring in our financial correspondent. here general the german economy minister is signaling the willingness to make concessions the chinese premier saying the country would be open to moves that would bring down the u.s. trade...
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e.u. commissioner for trade cecilia mao strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans donald trump has frequently criticized the e use high import taxes on u.s. cars and foods like meat. all right let's bring in our financial correspondent here general the e.u. japan china u.s. trade partners are showing flexibility in negotiations what do people on the trading floor think is donald trump strategy of pressure working. well that's hard for anyone here to say conclusively as the negotiations are ongoing and results are still up in the air but the hope is that the strategy of paying lip service to donald trump strategy is working now we're in a situation where in order to head off a trade war it's important to say anything that one can and if it helps the negotiating parties to make donald trump feel like he's winning in order to avoid a worse outcome well that's a sort of calculation that they would make it's also worth noting that in china's case they've made plenty of pronouncements in the past about widening market access of
e.u. commissioner for trade cecilia mao strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans donald trump has frequently criticized the e use high import taxes on u.s. cars and foods like meat. all right let's bring in our financial correspondent here general the e.u. japan china u.s. trade partners are showing flexibility in negotiations what do people on the trading floor think is donald trump strategy of pressure working. well that's...
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e.u. commissioner for trade cecilia mouse strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u.'s high import taxes on u.s. cars and foods like meat. so let's bring in our financial correspondent jeannette joins me now from the frankfurt stock exchange genelle those tariffs are due to be implemented on friday are european companies they're bracing themselves. yes but not because of their afraid of the steel and aluminum per se it's actually thought that the direct impact of such tariffs on the e.u. would be manageable but rather they're afraid that retaliatory measures in response to these tariffs could inspire a tit for tat spiral out of which there is no clear exit now for now the parties negotiating in washington would seem to be doing their best to strike a conciliatory tone but no one knows whether it will work in fact we have seen today that a key indicator of german economic sentiment w. slipped a few points to reflect a more pessimistic outlook as these trade tensions flare u
e.u. commissioner for trade cecilia mouse strong will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u.'s high import taxes on u.s. cars and foods like meat. so let's bring in our financial correspondent jeannette joins me now from the frankfurt stock exchange genelle those tariffs are due to be implemented on friday are european companies they're bracing themselves. yes but not because of their...
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e.u. commissioner for agriculture and phil hogan oversees export policy he's not responsible and refers me to the development commission navan mimika but he doesn't have time for me. so i try the german government instead and i've come to the federal ministry of fusion up we culture in berlin junior minister hammond on go i can this has been involved in agricultural policy for decades. the advise of us in town trade policy actually counterproductive given we're constantly talking about tackling the causes of migration being named as an instrument as act we take it very seriously when we hear that some local markets may be affected. but overall i would say that the agreements on agricultural trade are made responsibly giving consideration to the interests particularly of the certain world standard african states very conscious that there's been. free trade was really foster developments when the continents are europe and africa upon africa internazionale hundreds per international trade policies generally contributes to the well being of the nations involved. and the growth and prosperity f
e.u. commissioner for agriculture and phil hogan oversees export policy he's not responsible and refers me to the development commission navan mimika but he doesn't have time for me. so i try the german government instead and i've come to the federal ministry of fusion up we culture in berlin junior minister hammond on go i can this has been involved in agricultural policy for decades. the advise of us in town trade policy actually counterproductive given we're constantly talking about tackling...
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e.u. trade commissioner had traveled to washington earlier in the week to make the case the e.u. still produces a white house has said that the terms will take effect on friday. so for more let's bring in do well out of the frankfurt stock exchange still some cautious optimism from the european union from the commission there are european investors buying it. it wouldn't seem that way now european indices all broadly in red territory today we also saw a key indicator of business confidence here in germany slipped by a slip to an eleven month low as a result of these trade tensions so i can imagine that they will they would derive some comfort from confirmation that the e.u. has managed to secure exceptions from steel and aluminum tariffs but maybe even that would just be measured comfort it wouldn't even be clear that european exporters would be out of the woods even then a trade war between important trading partners like the u.s. and china would of course affect the e.u. as well if it leads to any kind of growth slowdown in these markets that in turn would depress demand for eu
e.u. trade commissioner had traveled to washington earlier in the week to make the case the e.u. still produces a white house has said that the terms will take effect on friday. so for more let's bring in do well out of the frankfurt stock exchange still some cautious optimism from the european union from the commission there are european investors buying it. it wouldn't seem that way now european indices all broadly in red territory today we also saw a key indicator of business confidence here...
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e.u. trade commissioner cecilia mines through both hope they can convince u.s. officials to exempt european products from trump's terrace now for more let's bring in brussels correspondent barbara valle barbara the german economy minister will travel to washington on sunday the e.u. trade commissioner will follow on tuesday how likely is it that these last minute efforts to a vote to avert increased terrorist will be successful. not very likely christopher because there has been a paper circulated by the european commission is secret paper but of course most papers here get leaked one way or the other where it's where it says that everybody who's flying to washington these days led to go of all hope more or less so don't really believe that you can change things to friday but get ready to sort of get into the action and start thinking about the countermeasures and that's why we now have the concrete list off the table just across the board of american production and produce bought it targeted of course because if one looks at it more closely is some states where
e.u. trade commissioner cecilia mines through both hope they can convince u.s. officials to exempt european products from trump's terrace now for more let's bring in brussels correspondent barbara valle barbara the german economy minister will travel to washington on sunday the e.u. trade commissioner will follow on tuesday how likely is it that these last minute efforts to a vote to avert increased terrorist will be successful. not very likely christopher because there has been a paper...
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e.u. trade commissioner cecilia mines through both hope they can convince u.s. officials to exempt european products from trump's terrace. earlier i asked our brussels correspondent bob or over his all about the likelihood of success for the last minute efforts to avert these terms not very likely kristof because there has been a paper circulated by the european commission is secret paper but of course most papers here get leaked one way or the other where it's where it says that everybody who's flying to washington these days led to go off all hope more or less so i don't really believe that you can change things to friday but get ready to sort of get into the action and start thinking about the content measures and that's why we now have the concrete list off the table just across the board of american production and produce bought it targeted of course because if one looks at it more closely some states where there are republican governors and senators in place but there's a strong republican majority somehow get a bit more of this they're not there's let go
e.u. trade commissioner cecilia mines through both hope they can convince u.s. officials to exempt european products from trump's terrace. earlier i asked our brussels correspondent bob or over his all about the likelihood of success for the last minute efforts to avert these terms not very likely kristof because there has been a paper circulated by the european commission is secret paper but of course most papers here get leaked one way or the other where it's where it says that everybody...
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e.u. trade. commissioners put peanut butter orange juice and bourbon on it and he trumped tariff list it seems the exact scenario economic economists have warned about during white house economic adviser gary cohn he has now resigned becoming the latest high ranking official leaving the trump administration. x. writers about the how wall street journal called him an economic policy powerhouse gary cohn was a key architect of trump's tax cut it may have been framed as economic populism but to the former head of investment bank goldman sachs it was common sense but his boss ignored conehead advice on another key issue about our tax plan as well we will be imposing tariffs on steel imports in tariffs on aluminum imports and you can see a lot of good things happening and that was apparently too much for koen who reportedly spent weeks warning the president that protectionist policies would only harm u.s. interests and anger key allies. there is literally nothing to be guy and. in the united states at all from impo
e.u. trade. commissioners put peanut butter orange juice and bourbon on it and he trumped tariff list it seems the exact scenario economic economists have warned about during white house economic adviser gary cohn he has now resigned becoming the latest high ranking official leaving the trump administration. x. writers about the how wall street journal called him an economic policy powerhouse gary cohn was a key architect of trump's tax cut it may have been framed as economic populism but to...
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e.u. trade commissioner cecilia mines through both hope they can convince u.s. officials to exempt european products from trump's terrace and my colleagues in frankfurt is keeping a very close eye on that list any surprises there though. well first of all there are two lists part a part b. five pages each a very small attacks and part a has everything from corn crown berry peanut butter and votes and every conceivable iteration of right. various length with ratios specified and there's also part b. which has things like sun beds and playing cards so these lists monaco are almost comically specific but it goes to show how much effort is devoted to making sure that it's hard to make exceptions because of course exceptions would water down the impact of retaliatory measures and the point of retaliatory measures of course is that they're supposed to hurt. so what are the chances that people can do anything about trade. well investors here aren't really banking on the rosiest even though they are hopeful it's just that they've already seen these lists and they've see
e.u. trade commissioner cecilia mines through both hope they can convince u.s. officials to exempt european products from trump's terrace and my colleagues in frankfurt is keeping a very close eye on that list any surprises there though. well first of all there are two lists part a part b. five pages each a very small attacks and part a has everything from corn crown berry peanut butter and votes and every conceivable iteration of right. various length with ratios specified and there's also...
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e.u. antitrust commissioner says buyer will have to shed some seven and a half billion dollars in firms and other remedies to ensure fair competition in the market market vester also said the move would meet the competition concerns in full and that's poised to be one of the biggest corporate takeover so far on santa accepted a fifty seven billion dollar take over bid from the german chemicals giant buyer. now germany's economy has been booming for the past eight years and there's still no end in sight but the country's economic experts warn that the risks have increased the worldwide high time to buckle up. full order books increasing exports and too few qualified workers to cope with the high demand that's not just the case for this company but for many firms in germany according to the german government's council of experts the economy is projected to grow by two point three percent this year but experts warn the international risks are a threat not just for germany but also for the global economy especially dangerous would be an escalation of the trade dispute between the u.s. and the r
e.u. antitrust commissioner says buyer will have to shed some seven and a half billion dollars in firms and other remedies to ensure fair competition in the market market vester also said the move would meet the competition concerns in full and that's poised to be one of the biggest corporate takeover so far on santa accepted a fifty seven billion dollar take over bid from the german chemicals giant buyer. now germany's economy has been booming for the past eight years and there's still no end...
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e.u. trade commissioner will join tomorrow and the clock is ticking new u.s. import tariffs on steel and aluminum could be imposed as early as friday. the new tariffs come into force on friday and in some ways the german and european steel industries could simply sit back and relax after all steel and aluminum make up only a very small proportion of european exports to the us and yet the e.u. will be the trading partner to be hit hardest by the new taxes. the e.u. as a whole all twenty eight countries would have six point five billion dollars worth of steel and aluminum exports affected by the new tariffs it's followed by china with an export volume of around three billion dollars germany would pay taxes on a total of one point seven billion dollars worth of such exports each year that makes it the country most affected from within the e.u. . some experts warn that the new tariffs might herald the beginning of a cascade of others which will spread across further sectors and countries and the european still industry fears that europe may soon be flooded with ch
e.u. trade commissioner will join tomorrow and the clock is ticking new u.s. import tariffs on steel and aluminum could be imposed as early as friday. the new tariffs come into force on friday and in some ways the german and european steel industries could simply sit back and relax after all steel and aluminum make up only a very small proportion of european exports to the us and yet the e.u. will be the trading partner to be hit hardest by the new taxes. the e.u. as a whole all twenty eight...
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e.u. antitrust commissioner says by will have to shed some seven and a halt billion dollars in firms and all the remedies to ensure fair competition in the market market has to judge also said that the move would meet the use competition concerns in full and was poised to be one of the biggest corporate takeovers so far monsanto accepted fifty seven billion dollars from the german chemicals giant by zero must also be approved in the united states. well for more on this let's bring in our financial correspondent do my lound in frankfurt now. genelle this is such a big merger how much market dominance will this new company end up having. well you said it yourself helena fifty seven billion dollars that's definitely a big deal and one that will create the largest integrated seeds and pesticides company in the world cornering about a quarter of the world's seeds and pesticides market now the scale of this deal is perhaps only rivaled by the level of resistance that it has met all over the world from n.g.o.s and farming unions they've called this the merger from hell and critics have warren commi
e.u. antitrust commissioner says by will have to shed some seven and a halt billion dollars in firms and all the remedies to ensure fair competition in the market market has to judge also said that the move would meet the use competition concerns in full and was poised to be one of the biggest corporate takeovers so far monsanto accepted fifty seven billion dollars from the german chemicals giant by zero must also be approved in the united states. well for more on this let's bring in our...
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e.u. trade commissioner will follow on tuesday the clock is ticking do u.s. import tariffs on steel and aluminum could be imposed as early as friday the planned u.s. tariffs would hit europe's steel industry particularly hard germany's new economy minister says a trade war must be avoided at all costs so he's off to washington for emergency talks and says he's willing to make concessions does the problem with the current situation is that there is a risk that we will get into a spiral of uni lateral actions that runs counter to the idea of global free trade and it would mean turning away from what we have been doing worldwide for the last sixty years we have to talk to one another not criticize each other publicly we have to try to find compromises germany's pro-business f.t.p. party says trump may have a point it's calling on europe to reduce its own tariffs but i think he has legitimate positions but we contact set that he's addressing european protectionism by introducing protectionism of his own the solution should be clear rules open markets a new talks
e.u. trade commissioner will follow on tuesday the clock is ticking do u.s. import tariffs on steel and aluminum could be imposed as early as friday the planned u.s. tariffs would hit europe's steel industry particularly hard germany's new economy minister says a trade war must be avoided at all costs so he's off to washington for emergency talks and says he's willing to make concessions does the problem with the current situation is that there is a risk that we will get into a spiral of uni...
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e.u. commissioner for trade cecilia will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u.'s high import taxes on u.s. cars and foods like meat. or should the european union not manage to reach an exemption from for. she us import tariffs the block has announced it would strike back with levies of its own the list of items that would be hit is ten pages long it includes some of the most iconic products made in the usa davidson motorbikes from wisconsin now additional terrorists could hit the company just as it seeking to find new customers. that sound is worth around thirty thousand euros and harley davidsons munich branch is busy the first rays of spring sunshine see customers flocking here. is now threatening to levy import tariffs on highly davidson's as a response to new u.s. tariffs on e.u. steel an element approved by president trump penalties could amount to twenty percent on the famous american cycles twenty yeah twenty percent would be a real blow to the tour it would be a straight
e.u. commissioner for trade cecilia will continue the discussions in washington it's not clear what the e.u. intends to offer the americans but donald trump has frequently criticized the e.u.'s high import taxes on u.s. cars and foods like meat. or should the european union not manage to reach an exemption from for. she us import tariffs the block has announced it would strike back with levies of its own the list of items that would be hit is ten pages long it includes some of the most iconic...
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e.u. is trade commissioner had to travel to washington earlier in the week to make the case for e.u. steel producers the white house has said the terrorists will take effect beginning friday. and it's not just u.s. allies in europe that are on the edge of their seats over the threat a few are just arabs the united states is expected to announce hefty penalty charges against chinese goods as punishment for allegedly stealing intellectual property of u.s. companies all told the tariffs could affect up to sixty billion dollars of chinese exports every year beijing is bracing for an announcement from u.s. president donald trump on thursday slapping more tariffs on chinese imports chinese premier the key chain used the national people's congress this week to appeal to common sense in a verdict in impending trade war. i hope that we can act rationally rather than being led by emotions in order to avoid this trade war. but donald trump remains adamant that the u.s. is at an unfair disadvantage when exporting american products abroad and insists on changing that and i keep telling these coun
e.u. is trade commissioner had to travel to washington earlier in the week to make the case for e.u. steel producers the white house has said the terrorists will take effect beginning friday. and it's not just u.s. allies in europe that are on the edge of their seats over the threat a few are just arabs the united states is expected to announce hefty penalty charges against chinese goods as punishment for allegedly stealing intellectual property of u.s. companies all told the tariffs could...
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e.u. trade commissioner cecilia mines through both hope they can convince u.s. officials to exempt european products from trump's terrace. and it's not just the e.u. which is worried now the most influential business lobbying group in the united states has warned donald trump against imposing terrace on chinese goods chamber of commerce president thomas donohue says such measures could eventually heard u.s. consumers and the economy is remarks after reports that trump is considering slapping terrorists on up to sixty billion dollars worth of chinese imports. shares of snap tumbled for a second day on friday that after singer rianna told her fans to delete snap chat the company's social media app spoke out after snapchat ran an ad for a smartphone game which poked fun at the violence you have endured in an abusive relationship she denounced snap chat to her sixty one million followers on rival platform instagram snapchat apologized and to down the ad but brianna few refused to accept the apology. for more let's cross over to our markets many unscored in new york e
e.u. trade commissioner cecilia mines through both hope they can convince u.s. officials to exempt european products from trump's terrace. and it's not just the e.u. which is worried now the most influential business lobbying group in the united states has warned donald trump against imposing terrace on chinese goods chamber of commerce president thomas donohue says such measures could eventually heard u.s. consumers and the economy is remarks after reports that trump is considering slapping...
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e.u. trade commissioner cecilia mimes term they will sit down and talk and negotiate and that's the imperative thing that we talk and i think that the next fifteen days will be used for that will be used for talks for negotiations and hopefully also others will raise their voices like industry but do you think the these negotiations are likely to be pleading for an exemption does whatever the ok if you do that you're playing the game should they be going for an exemption or should they be telling mr trump to. abandon this policy. well it's certainly difficult to tell president trump to abandon his policy we've seen that he's a negotiator that he needs a deal and i think the tariffs are a political measure he's taking for domestic reasons so he's catering to his voter base so he needs to take something home to show with those who only got minor gains from the tax reform for instance that he's is on their side putting more on their table so i think it will have to be negotiations he won't abandon the policy side he said was very clear. from the american chamber of commerce in germany thank you y
e.u. trade commissioner cecilia mimes term they will sit down and talk and negotiate and that's the imperative thing that we talk and i think that the next fifteen days will be used for that will be used for talks for negotiations and hopefully also others will raise their voices like industry but do you think the these negotiations are likely to be pleading for an exemption does whatever the ok if you do that you're playing the game should they be going for an exemption or should they be...
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e.u. trade commissioner will join tomorrow it's a race against time as tariffs on both sides of the atlantic are piling up. the new tariffs come into force on friday and in some ways the german and european steel industries could simply sit back and relax after all steel and aluminum make up only a very small proportion of european exports to the us and yet the e.u. will be the trading partner to be hit hardest by the new taxes. the e.u. as a whole all twenty eight countries would have six point five billion dollars worth of steel and aluminum exports affected by the new tariffs it's followed by china with an export volume of around three billion dollars germany would pay taxes on a total of one point seven billion dollars worth of such exports each year that makes it the country most affected from within the e.u. . some experts warn that the new tariffs might herald the beginning of a cascade of others which will spread across further sectors and countries and the european still industry fears that europe may soon be flooded with cheap steel imports it being an alternative cheaper dumping g
e.u. trade commissioner will join tomorrow it's a race against time as tariffs on both sides of the atlantic are piling up. the new tariffs come into force on friday and in some ways the german and european steel industries could simply sit back and relax after all steel and aluminum make up only a very small proportion of european exports to the us and yet the e.u. will be the trading partner to be hit hardest by the new taxes. the e.u. as a whole all twenty eight countries would have six...
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e.u. trade commissioner cecilia milestone was over in washington all of that the first half of this week negotiating very hard she's been filling in e.u. heads of states about what has happened yes it seems that a major trade confrontation between the e.u. and the united states has been averted at least for now but there's still going to be lingering concern that we came close to one in the first place the e.u. and the united states obviously historically have extremely close economic and political ties did you look at donald to the european council presents opening remarks he said that this for us the e.u. was concerned the united states was a great friend that trade brings peace it brings friendship and reading between the lines there is a disquiet that the trump administration and perhaps the president himself really has a tendency to see trade too much as a zero sum game in which one country inevitably comes out as the winner the other the loser and he doesn't quite appreciate the degree to which it can be mutually beneficial i think that's what european leaders who will be saying money to anoth
e.u. trade commissioner cecilia milestone was over in washington all of that the first half of this week negotiating very hard she's been filling in e.u. heads of states about what has happened yes it seems that a major trade confrontation between the e.u. and the united states has been averted at least for now but there's still going to be lingering concern that we came close to one in the first place the e.u. and the united states obviously historically have extremely close economic and...
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Mar 7, 2018
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e.u. trade commissioner says it's prepared to take the case to the world trade organization you have today those are your headlines stay with al-jazeera inside story is next. what is triggering violence. in say they're being systematically targeted by the sinhalese buddhists majority governments declared a state of emergency but what will it take to end the recurrent alleges for long term this isn't.
e.u. trade commissioner says it's prepared to take the case to the world trade organization you have today those are your headlines stay with al-jazeera inside story is next. what is triggering violence. in say they're being systematically targeted by the sinhalese buddhists majority governments declared a state of emergency but what will it take to end the recurrent alleges for long term this isn't.
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Mar 9, 2018
03/18
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e.u. trade commissioner has been speaking at a an economic forum the smalling where she was promising that they would do everything she would do everything that you can to protect the european steel industry while still holding out the possibility of some kind of compromise she spoke about if the tariffs are imposed and it's a an important thing to remember that the tariffs that president trump has announced don't come into force for another two weeks and as well as canada and mexico he also held the door open for other countries to apply for exemptions and it's certain that the european union as a bloc will apply to be exempted from the full effect of president trump's tyrus similar amount strong trade commissioner will meet with her american counterpart here in brussels on saturday and will press for exactly that kind of an exemption. and i turn curfew remains in place in the central sri lankan town of candy as the authorities try to contain violence aimed at the muslim community them the economy has taken a hit on the prime minister admits his country's reputation has been tarnished ber
e.u. trade commissioner has been speaking at a an economic forum the smalling where she was promising that they would do everything she would do everything that you can to protect the european steel industry while still holding out the possibility of some kind of compromise she spoke about if the tariffs are imposed and it's a an important thing to remember that the tariffs that president trump has announced don't come into force for another two weeks and as well as canada and mexico he also...
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Mar 8, 2018
03/18
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e.u. trade commissioner is a thing called deflection now that's where global still producers who have previously exported into the u.s. no longer can because the prices are too high as a result of the tariffs they hunt around for alternative markets and frankly the european union is the most logical place that they're now going to want to try to send their steel that could cause a collapse in the steel price here and with the resulting crisis still produces within the european union that's really the crux of why the european union is so concerned about this and will what is it likely that they will take retaliatory action. or they've they've they've flagged it up and floated to the potential and facts a silly amount strong gave a news conference on wednesday almost as an eleventh hour intervention plead to say to president trump please don't go through with this because if you do there will be retaliation yes this could be three main things that otherwise ten thirty at night here in brussels there will be no news conferences the c evening the european union doesn't doesn't work like that wait un
e.u. trade commissioner is a thing called deflection now that's where global still producers who have previously exported into the u.s. no longer can because the prices are too high as a result of the tariffs they hunt around for alternative markets and frankly the european union is the most logical place that they're now going to want to try to send their steel that could cause a collapse in the steel price here and with the resulting crisis still produces within the european union that's...
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Mar 9, 2018
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e.u. trade commissioner to see the amount strong you heard here in the report of the sound bite from i just now she will have talks here in brussels with her u.s. counterpart robert lighthouse and with the japanese trade minister as well it was supposed to be a meeting a trilateral meeting talking about overcapacity in the steel industry it's going to be now about the tariffs but what they're really going to be talking about is how to avoid those terrorists being imposed on europe and i guess the issue for the white house or for donald trump is that he can't in effect cherry pick which e.u. countries he may or may not decide to give a dispensation to when it comes to imposing tariffs because the e.u. countries all wrapped up within their own trading agreements and they have a very clear relationship with the world trade organization. indeed i mean donald trump the president seems to have a beer in his bonnet about germany but the problem is that germany is part of the european union and the european union deals with the rest of the world as a trading block you can't separate out individual
e.u. trade commissioner to see the amount strong you heard here in the report of the sound bite from i just now she will have talks here in brussels with her u.s. counterpart robert lighthouse and with the japanese trade minister as well it was supposed to be a meeting a trilateral meeting talking about overcapacity in the steel industry it's going to be now about the tariffs but what they're really going to be talking about is how to avoid those terrorists being imposed on europe and i guess...
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Mar 8, 2018
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e.u.'s trade commissioner says it's prepared to take the case to the world trade organization it would also impose counter terrorists on u.s. products british police say a nerve agent was used to try to murder a former russian double agent and his daughter. so again you are scriptural were found slumped on a park bench in soulsby on sunday both remain critically ill in hospital. british prime minister to resign may has defended a red carpet welcome given to saudi arabia's crown prince mohammed bin solomon is on a three day trip aimed at developing economic ties between both countries but critics say the british government's turning a blind eye to human rights abuses in saudi arabia and votes are being counted in sierra leone's hotly contested presidential election sixteen candidates are vying for the top job hoping to lead the country out of its economic crisis the result will be known for days but a runoff is widely expected well those are the headlines now let's get you back to al-jazeera world stature that's a water bottle. for young women in our man took part in a government initiative
e.u.'s trade commissioner says it's prepared to take the case to the world trade organization it would also impose counter terrorists on u.s. products british police say a nerve agent was used to try to murder a former russian double agent and his daughter. so again you are scriptural were found slumped on a park bench in soulsby on sunday both remain critically ill in hospital. british prime minister to resign may has defended a red carpet welcome given to saudi arabia's crown prince mohammed...
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find allies to fight terrorism on a day where apparently the trade minister of the trade commissioner rather of the e.u. has achieved at least a temporary exclusion from the trade tariffs that donald trump is slapping on steel and alum minium and of course at a time when there is environmental challenges there is terrorism there's a there's a lot of key issues where the u.k. seeks solidarity also when it comes to the poison attack in the u.k. itself and that is the time when bracks it is also on the table there is bitter irony in that. matus in brussels thank you. we made mistakes that is what facebook boss mark zuckerberg has said in response to the data scandal involving his company and data mining firm cambridge analytic in a statement on his facebook profile and in an interview shortly thereafter sucker broke up pollack eyes that promised users a new feature to turn off third party apps apps which came with the analytical allegedly used to harvest private information. it began with an innocent personality quiz and ended up with a fifty million facebook profiles being used to sway elections. now the
find allies to fight terrorism on a day where apparently the trade minister of the trade commissioner rather of the e.u. has achieved at least a temporary exclusion from the trade tariffs that donald trump is slapping on steel and alum minium and of course at a time when there is environmental challenges there is terrorism there's a there's a lot of key issues where the u.k. seeks solidarity also when it comes to the poison attack in the u.k. itself and that is the time when bracks it is also...
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e.u. is a trade commissioner c m m stroom isn't washington and she held the goshi asians with u.s. ommerce secretary wilbur ross yesterday the negotiation negotiations will continue on wednesday with pressing for the e.u. as a whole to be excluded from president trump new tariffs on steel and aluminum which are set to go into effect on friday well until now the levies that the european union imposes on the u.s. products have been on average higher than the other way around europe imposes everett's tariffs of around five point two percent on u.s. goods for their part the americans tax european imports at three point five percent that's according to the food institute in munich now the e.u. steps particularly heavy taxes on beef from the united states around sixty eight percent to protect european farmers and consumers in the other direction the usa taxes european tobacco products at almost fifty percent and commercial vehicles or pickup trucks at twenty two percent to protect their own market experts say that leveling the playing field by reducing import to d.c. to the same lower fig
e.u. is a trade commissioner c m m stroom isn't washington and she held the goshi asians with u.s. ommerce secretary wilbur ross yesterday the negotiation negotiations will continue on wednesday with pressing for the e.u. as a whole to be excluded from president trump new tariffs on steel and aluminum which are set to go into effect on friday well until now the levies that the european union imposes on the u.s. products have been on average higher than the other way around europe imposes...
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e.u. trade commissioner and the basic idea, they will seek a wto response to u.s.iffs will damage transatlantic relations. we doubt the justification for trump's tariffs." she has an immediacy to it, trump may very soon sign off on duties. jonathan ferro has said recently, you really wonder about the cattle black -- cat ck here.e bla we are beginning to see official responses from the various blocks and from individual nations. this from brussels and the e.u. trade minister. without question, the news of wildly --lthough even widely anticipated. kevin cirilli is in washington. i want to cut to the chase because of the time this morning, who will replace gary cohn? kevin: the names i have asked sources is just pure set -- pure speculation. i do not want to speculate right now. tom: we will let you. kevin: the name of the economic team that surrounded him are the likes -- i do not want to speculate because i think it's too soon. , but the speculation has to be around an internationalist. our global wall street audience wants to know if there's any appetite of the new
e.u. trade commissioner and the basic idea, they will seek a wto response to u.s.iffs will damage transatlantic relations. we doubt the justification for trump's tariffs." she has an immediacy to it, trump may very soon sign off on duties. jonathan ferro has said recently, you really wonder about the cattle black -- cat ck here.e bla we are beginning to see official responses from the various blocks and from individual nations. this from brussels and the e.u. trade minister. without...
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Mar 27, 2018
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e.u. justice commissioner has given facebook two weeks to answer questions posed to the company.s chris whilely appeared in front of parliament and said it was donald trump's election victory that made him come forward he also said, quote, categorically untrue that they never used facebook data this is something cambridge analytica has continually denied he also said that -- cambridge analytica said chris wiley was a part-time contractor who left in july 2014, has no direct knowledge of our work or practices since that date. guys, back to you. >> wilf, thank you very much >>> folks, let's get back to the broader markets right now. joining us is tom lee. imagining partner at funds track global advisers. richard bernstein, a cnbc contributor. mike santoli is still here as well rich, weigh in on this this week is looking very different from last week what's the real market story >> it is i think to some extent last week was a series of self-inflicted wounds where the fundamentals are quite positive news events and tariffs and everything you've heard about the fed, it becomes a self-
e.u. justice commissioner has given facebook two weeks to answer questions posed to the company.s chris whilely appeared in front of parliament and said it was donald trump's election victory that made him come forward he also said, quote, categorically untrue that they never used facebook data this is something cambridge analytica has continually denied he also said that -- cambridge analytica said chris wiley was a part-time contractor who left in july 2014, has no direct knowledge of our...
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Mar 26, 2018
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and for that matter, the whole e.u., i believe you have seen the release that commissioner nall scrub in the european commission and i put up yesterday. we've had very constructive not just on steel and aluminum, but potentially a broader topics. just as we are in the midst of negotiation on steel and aluminum and other topics, our hope is that for the first time this will bring collect to action on the part of the world community to deal with the ultimate problem which is the over capacity, particularly in china, but not exclusively in china. we are hoping that there will be extensive negotiations, bilateral or multilateral as a result of this. >> i want to reemphasize, the multilateral aspect of this is really going to be critical. thank you, mr. chairman. >> thank you, mr. neil. mr. johnson, you're recognized. thank you, mr. chairman. secretary ross, welcome. >> thank you, sir. >> let me begin by saying that i strongly oppose the tariffs on steel and aluminum imports. you know my home state of texas leads all states when it comes to importing steel and aluminum products, so it's a
and for that matter, the whole e.u., i believe you have seen the release that commissioner nall scrub in the european commission and i put up yesterday. we've had very constructive not just on steel and aluminum, but potentially a broader topics. just as we are in the midst of negotiation on steel and aluminum and other topics, our hope is that for the first time this will bring collect to action on the part of the world community to deal with the ultimate problem which is the over capacity,...