newsline from. the e.u. says internet giant should pay their fair share in accuses companies like apple and google of avoiding taxes reporting them in low tax countries and ministers say the answer is an internet tax that applies across the block also coming up a warm reception for all of the white house did the chancellor or any whims germany's industry federation calls miracles meeting with trump a missed opportunity. terminally ill british toddler at the heart of a legal battle has died alfie evidence brain disease judges agreed with doctors that life support should be withdrawn against his parents' wishes we're going to bring you the full story. and. it is good to have you with us using the internet in europe it might get more expensive very soon the european union says that online giants like amazon facebook google apple have been paying their fair share of companies earn money across the block but they report their profits only in the member states with the lowest tax rates the european commission favo

president donald trump last week to try to accept the e.u. from these tariffs germany now says it expects the tariffs to take effect but with no word yet from the white house others are hoping that washington will have a last minute change of heart and for more on 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 counterpart

con on the issue of trade mechelle got no assurances that the trump would continue to exempt the e.u. from steel and aluminum tired of states instead trump bemoaned the u.s. trade deficit with the european union has it's been unfair and i don't blame the chancellor and i don't blame germany i don't even blame the european union i blame the people that preceded me for allowing this to happen. there's no way we should have a trade deficit of one hundred fifty one billion dollars mean on nato spending trump revived an old grievance with europe and we're protecting europe and yet we pay by far more than anybody else and nato is wonderful but it helps europe more than it helps us and why are we paying the vast majority of the costs thank you very much everybody even know macro's meeting with trump lasted only a few hours it followed a three day visit by french president and money will not com neither leader was able to get trump to change course on iran or trade it's a sign transatlantic ties could remain troubled. joining me to discuss this further is d w political correspondent simon young si

president almost trump in a bid to obtain exemptions for the e.u. from those tariffs germany now says it expects the tariffs to go into effect but with no final word yet from the white house some all still holding out hope for a last minute change of hopped in washington. let's go to brussels now to our bureau chief there. max if the wave is on those chatter if they have actually already been imposed but there are a wave of them if those wave is a lifted tomorrow how is the european union likely to react. well as you just pointed out we're not there yet the last time that trump granted the exemption it was a last minute call and you officials here in brussels are hoping that exactly the same thing will happen and that's why there will be a last ditch effort by the commissioner in charge to call her counterpart in the u.s. wilbur ross and try to convince him to extend those exemptions if it doesn't work she has announced that the response by the european union will be threefold first of all retaliate with exactly the same measures that the u.s. are imposi

e.u. mexico agreed to open government procurement to competition from e.u. companies and recognize two hundred forty geographical indications for products such as champagne that must be grown or made in certain places the e.u. in turn will grant greater access to mexican meats tuna orange juice and other products and in related news the mexican peso which swooned. in recent days rallied modestly today on the news about the e.u. trade deal as well as rumors that nafta renegotiation may be announced soon on monday the peso a fall into nearly twenty to the dollar and finally right hailing service a d.v.d. began operations in mexico on monday starting to win the city of toluca devi famously won the battle with for the chinese market and the fight now moves to latin america. the big burden of student debt is

president donald trump in recent days to try to exempt the e.u. from these tariffs germany now says it expects them to be imposed but with no word yet from the white house others are hoping that washington will have a last minute change of heart. to brussels and we'll be joined the doctor comes from and barbara welcome barbara so what's the e.u.'s plan what does it do if the united states does not renewed their exemptions that they currently have the plan is two fold really fill because of course the european union will as it has announced to retaliate the list of terrorists against american goods have been out for weeks and they reach from holly davidson to bourbon whiskey however on the other side they will also of course complain to the w t o and go the official way however on the other side there is still hoping as you said for a last minute change of heart or mind whatever you want to see a monster in the e.u. commissioner for trade in brussels is in constant contact was her counterpart in washington and still trying to shift things still trying t

welcome to my house from the e.u. from the new subsidies his first hundred hectares brought him i don't know how many hundreds of thousands of euros. i said he was gone says people i don't know how the whole game works and i think you know already has machinery worth one million dollars he's laundering black money or laundering it through subsidies to buy you know idea and then exactly through subsidies those events. fresh but there's no future here it's battle i don't think. concern feels speculation. but one thing is visible. field around it by the field something. even his access road was plowed. these maps my field up there and the road the access road where was that. he had when he was here four metres tall right here. look here this is plowed. when the stones and then they wonder why they have a rose with so much monoculture to this day but the past two days agro industry for you rational on heartless only one is all that matters. to centuries old cultural landscape is eroding under the e.u. open market policies not

trade gap was partially offset by increased exports to the e.u. from the u.k. here to join us is steve keen steve we thank you so much for being with us particular when it's late over there in london the u.k. deficit trade deficit is smaller than previously thought what are we to make of it . well not a lot it's not a measure of fluctuation and then there are elements about revaluation of including profits on financial transactions which went recorded previously which are produced to try deficit for a substantial margin going back quite a few years since they've backtracked in the data so it's not a major change it's i think we spend far too much time worrying about mana fluctuations around long term trends and the long term trend i think is still for the u.k. to have a much bigger try deficit than it should actually have and it's largely in that situation i think because of the impact on the euro making german manufacturing exports and the like a lot cheaper than they would be if they had a genuine currency in europe rather than the euro i'm curious that's a g

in particular the end of it if i'm trying to shore what about iran and its relationship with the e.u. from the business point of view on how much iran needs the e.u. and there's talk a little bit more about what zarif straitened when he said that there would be consequences and how will this play out on the ground if this deal is broken and you weigh. yes well first of all when we talk about the economic interests of the united states in the region i think it's actually very debatable if the united states wants to solve the conflicts in the middle east because the tensions of the past few years have actually hoped the united still states sell billions of dollars in fact over three hundred billion dollars of arms to saudi arabia and now there is something a lot of arms both to the m.r.i. to use as well as the batteries so i think it's very debatable if they want to actually reduce the tensions in the region i'm regarding the issue of europe in iran i think if the united states decides to withdraw from the deal on may twelfth we'll have to see if they decide to exempt some european countries

but also from the e.u. but the biggest problems that's what investors are also telling me for the economy are actually made inside of the country corruption is still a very big issue foreign companies hesitate to and best but also russian companies are worried about big investment as well the country is not stable and until this is not going to change also the economy won't see a boos when you are founding of company and russia this can mean in lots of cases lots of control from authorities maybe even having to pay private money and now there's war tension possibly new sanctions and escalating conflict all of this is going to hurt the economy even more bam and all the more interesting with oil prices up today the ruble folding at the same time what about european markets they're also falling no doubt because of the tensions in syria exactly well whenever we see the saber rattling investors get a warrior and become more reluctant after history directed to russia we have seen the curve of the decks i guess yo

from some of the u.k. e.u. countries from some of the nato countries and. asian allies of the u.s. but you know they didn't have the nerve to come to these briefings. perhaps. because most of it but i literally it's something they're scared of and they're scared to look into the eyes of young here. you know well people who would you know know not post luke so there's a saying in russian. that the captain knows what kind of they're going to need to deal she just ate once you've got a little. done some horrible things you can. hide and now they're hiding it and they're trying to show that this has nothing to do with them but the people can see that it does but of the people can see the truth the truth will find a way out to you the truth always seeps out and it is very important to have it happened so that no more provocations happen in the future because our american partners are once again threatening use of weapons against sovereign states such as syria we're not going to allow that but now i would like to give the floor to. my friend. and after that over start our presentation to

e.u. countries i'm from and then than this digital tax will have very little effect. but if the e.u. does impose the tax it could lead to further strain ties with the us with it expected to generate relatively low returns some in the bloc are asking if it's really worth it. let's take a look now at some other stories making news around the world. thousands of taking to the streets in pamplona spain they're protesting after five men accused of raping a young woman and the twenty six year running of the bulls were convicted of the lesser crime of sexual abuse cases sparked anger given increased reports of sex attacks feel that. russia iran and turkey say they will work together to ensure syria is not divided up amid efforts to end the country's civil war in moscow russian foreign minister sergei lavrov said u.s. led missile attacks on syrian government targets two weeks ago had set back efforts for a political solution. you. see the terminally ill toddler at the heart of a long running legal battle has died in a british hospital alfie evans had a rare brain disorder the doctors said wa

and france they appear to have had broad backing from the e.u. for these airstrikes but theresa may is facing some opposition at home so how important to may is this support coming from the european union really when it comes down to domestic politics. well it was something that she definitely stressed when she here in the house of parliament gave a statement basically defending and explaining what she did and she did say she stressed that she did speak to other european leaders that she. could to do not too soon also justin trudeau from canada that she had this international backing because she wants to be seen as somebody who doesn't just acts alone but to actually act on the consensus it was a chance for her to come across as somebody who is just so he says she said parliament holds me to a country this but the decision is my decision alone. and the prime minister and i have decided that this was necessary to further humanitarian catastrophe and i think she made a fairly strong statement in parliament today absolutely many strong statements the

e.u. subsidies and drained from. a lot of the other was nothing you can do or say people sold on the land he didn't describe off the authorities he bought it and now he rents it out because he isn't allowed to hold the land but it's not grazed. and he doesn't have enough animals to keep the grass under control so we keep it clean. done or still fizzles back there it has to be cleaned and grazed it's monitored by satellite. believe the people and if he doesn't use the land for grazing he will lose the subsidy for the roof. the decline of the peasant farming economy is changing demographics speeding up a massive migration into the cities especially among young people. only those who have seen the sign of the times have a bright future. martin miller a software engineer and land owner because become a large scale. his lands have to be grazed in order to meet subsidy requirements so he has acquired animals. the production chain was already in place. his restaurant business in and another in the state capital c b u. produ

welcome michael holmes from the e.u. the e.u. subsidy his first hundred hectares brought i don't know how many hundreds of thousands of euros. i said it was gone says people i don't know how the whole game works and i think you know already has machinery worth a million dollars he's laundering black money or blog going through subsidies to buy you know idea isn't exactly through subsidies those events. best but there's no future here it's battle obviously. concerned feel speculation among. but one thing is visible. his field is surrounded by the field something. even his access road was plowed. his match my field up there and the road the access road where was that. when. he was here four metres tall right here. i was looking here this is plowed. when the stones and then they wonder why they have a rose with so much monoculture to this day but the past two days agro industry for you irrational and heartless only one is all that matters. to centuries old cultural landscape is eroding under the use of open market policies not using

welcome to my homes from the e.u. the e.u. subsidy is first hundred hectares brought i don't know how many hundreds of thousands of euros i don't know about the rice or anything just gone says people i don't know how the whole game works and i think you know already has machinery worth a million dollars he's laundering black money or laundering it through subsidies to buy you know idea and then exactly through subsidies those events. fresh but there's no future here and battle i think for me. concern feels speculation among. but one thing is visible. field is surrounded by the fields of the land. even his access road was plowed. these maps my field up there and the road. that's right where was that. when. he was here four metres tall right here. look here this is plowed. caught on the stones and then they wonder why they have a rose with so much monoculture and this is they but the bastard is agro industry for you irrational and heartless only one is all that matters. to centuries old cultural landscape is eroding under the e.

picking up from that last sentence i mean how strong is the e.u. is position in the particular matter. that definitely remains to be seen because transatlantic trade ties are so precarious at the moment we just don't know again we should point out from the beginning that we also don't know whether these commission proposals will actually become law and with the e.u. still worried about the possibility that steel tariffs will in fact be imposed by the u.s. for many european governments that would have been enough reason not to introduce this digital tax at this moment when tensions are so high but i spoke with business your of your business europe's chief economist james. i'm sorry james watson sorry about that james watson and he gave me some other interesting information mr watson says that within the e.u. it is also very controversial this tax because it goes against a long long standing o.e.c.d. principles on taxing revenues so while it may not be illegal at the w t o which is what president trump's threat seems to be it is very much unwanted by

plus a potential peace offer from the e.u. european officials get a permanent exemption from u.s.steel and aluminum. take a look at u.s. stock right now. dow futures down eight points. s&p 500 down two points. nasdaq futures down 3.5 points. you are watching that "fbn:am." ♪ anna and mark are heading into retirement... and a little nervous. but not so much about what market volatility may do to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of protection in down markets. so they can focus on new things like exotic snacks. talk with your advisor about shield annuities from brighthouse financial- established by metlife. cheryl: welcome back. adam: garrett maxes herewith the highlights. you were pretty impressed. the braun was even more than lebron james if that's possible. from start to finish and they offered a word start. took over from the opening tip. the second, third and fourth all the way until everyone else is nothing. the pace

fight for his fields he hopes the current protests will bring about change he doesn't expect help from the e.u. fighting corruption is a sovereign task for slovakia authorities. the feds are at train from london to amsterdam has completed its maiden journey it took less than four hours and from city center to city center it's actually just as fast as flying and with one way ticket starting at thirty five pounds it could be a game changer. the platform at london's simpang chris was mostly filled with officialdom just before the first amsterdam bound you're a star departed a low small party of tourists also managed to get on board for an on time departure . and amsterdam route is euro stars first network expansion since one thousand nine hundred ninety four when the trains began connecting various cities in france and belgium the amsterdam service is aimed at passengers who would normally fly. with look at our experience in other markets in paris and brussels it seems that the customer doesn't value an alternative what we see at the moment is the airlines having a stranglehold on this market so

chancellor angela merkel has been being increased and trauma over the past week in a bid to exempt the e.u. from the taxes to take effect more accused they will be also used reaction is likely to make. will start coming up later in this program arrowing escape from seriously tourism proceeds of a step two thousand women are forced to be against syrian prisons of them i mention our correspondent met one of them she's now speaking out about. hello and welcome my name is christopher spring and good to have you with us british interior minister ambo robb's has resigned for misleading polman to the. targets for the removal of illegal migrants rob who wants to if there's a potential future prime minister had faced days pressure with coals for her to quit pressure mounting following the outrage of the authorities mistreatment of long term legal residents from the caribbean people from the so-called windrush generation had been threatened with deportation. we're going to go straight to london now to talk respondent that. get this immigration scandal the the windrush scandal to give it its name has been

tariffs on steel and aluminum coming from e.u. countries current exemptions for a huge states expire on tuesday if the parties can't agree the european union has threatened to implement a list of chatter of sun u.s. products like motorcycles and whiskey a spiral of sanctions would hurt the german economy but the u.s. wouldn't get away unscathed either at the end of the day we are all worse off they are only news of this and the only question is who is losing more and who is losing less he says there's a lot at stake for both sides and donald trump is demanding concessions for example trump wants fairness when it comes to importing and exporting cars he feels there are comparatively fewer american cars on german streets than the other way around in trump's opinion the disparity is due to the high tariffs that germany imposes on american vehicles higher than in the other direction but according to some german economists trumps argument doesn't hold water. it's a question off off off off quality. and off we. can steal most the monts.

syria next year they rely on tens of thousands of workers from abroad and billions of dollars from the e.u. to keep up production and hayward has more now from leicestershire. was. after months of early starts and late finishes on the farm getting the right price at market is able to take profit margins are tight so every dollar counts. steeped in tradition melton mowbray has one of britain's oldest livestock markets what matters here is what the future may hold after bricks it's the concern is where we're going to take a big hit in terms of being. exported to. continent. i can see that that's going to continue we'll carry on as normal if we got anything any good people boy for more than forty years the way britain a spontaneous been shaped by brussels when it leaves the european union it's inevitable the way the form of operate will have to change brics it means an end to the four billion dollars british farmers receive in a few subsidies membership of its common agricultural policy and leaving the single market which allows the free movement of people and properties. in lincolnshire ther

fight for his fields he hopes the current protests will bring about change he doesn't expect help from the e.u. fighting corruption is a sovereign task for slovakia authorities. a lot of brown is a lawyer in prague and bratislava and advisors western firms that operate in eastern europe welcome to the show so what's the investor sentiment when it comes to slovakia they've been mass protests against corruption a small government reshuffle but this sounds like a deeply entrenched problem. if you or most western investors corruption was not so much your problem as long as you were manufacturing once you were discussing state money or big book you meant or for instance also lend you subsidies in this respect do it but then sure more context was corruption you were just manufacturing slovakia still a perfect country and economic growth has shown up because of one particular sector but a bit but are we talking about organized criminal gangs with links to the italian mafia or is this said to be the case in the journalist. where this is still under investigation of course but generally was a lot of it

european wheat has taken over the african market in the last fifteen years imports from the e.u. have more than doubled every day shiploads of wheat arrive in dhaka harbor the grain is then processed in the country's largest mills foreign wheat flour floods on to the market has no chance. it's a problem the flour mills are well aware of. your farm of course we should be supporting african products and making them competitive. this is completely unjust . we also need flexible tariff barriers to give the country a chance to catch up. but instead the e.u. is angling for duty exemptions on its own wheat and food staples exports he's already drafting a new trade agreement with african countries that do use witnesses the consequences of this every day she works in a mill producing to solve a flour but she buys wheat from the e.u. it costs half as much as costs of a flour and so this battle between traditional local products and european subsidized food is one the senegalese a very unlikely to win. well if you call a plumber a carpenter around your house you'd usually expect to see them

based tech firm regarding some thirteen billion euros in back taxes the bill stems from a twenty sixteen e.u. decision that determined apple had illegally profited from a sweetheart deal with the irish government apple is still appealing the decision but the company has agreed to begin paying into an escrow account as it waits for a verdict opel workers have taken to the streets again new french on a p.s.a. look set to slash jobs at the german comic despite guarantees p.s.a. has money in the first three years of this year it sold more than a million cars that's a record for the group so it is on track to hit its target of four million this year opel vauxhall accounted for more than a quarter of those sales but the brand posted significant losses last year and it remains in the red that's why p.s.a. is trying to cut costs but the workers aren't buying it. opel workers came from around germany to the ice in a protest organized by the eagle mattel union the automotive workers want to show their solidarity parent company p.s.a. is said to be planning to fire around eight hundred employees almost

the right questions but we'll be happy to hear from other countries you know just not just from the nido and the e.u. but also from india from chernow village in america from africa there are some special so many constraints parent it's not the cool school up so that's exactly what you need it's not the change you got the position who want to be part of that is not to be excluded. you know. american born from korean newspaper. your compass and on monday three days prime minister is meeting with reason me and i to discuss among all open russia and i would like to ask if you could get counsel stauffer missions from you do you think from here with all the line of mike so i asked him why should people in bed mark in all places in europe believe russia where what is said was a democracy and is it kind of going to overwhelm britain a long time friend.