percent tariff on vehicles assembled in the european union his comments come on the day that the e.u. use counterterrorist style.

thanks as we heard trump was reacting to the e.u. use counter-terror such came into effect on friday they in turn were an answer to trump's tariffs on steel alimony and levies the e.u. is charging on u.s. imports as of now include some iconic american products such as whiskey and harley davidson bikes. perhaps it's fishing that in this new era of and free trade it is the harley davidson the symbol of personal freedom that's going to be hard hit the e.u. has introduced a twenty five percent employee q e one american made motorcycles. customers who ordered their haul before the new tariffs will still pay the old price for everyone else an extra twenty five percent means thousands of euros more. would prefer not to say if and when the extra cost will be passed on to consumers but over time it is almost certain that these much loved motorcycles will be more expensive neither the dealers nor the make is a willing to absorb the new tax but a true holly fan would be easily deterred as this is how it looks but it's also the sound feeling. sort o

washington has threatened even more tariffs in retaliation to the e.u. use new levies on american products experts say germany would be the big loser any new tires on its automotive industry would hit it more than other e.u. countries. investors are still processing the reelection of wrecked ship tired adeline worries remain that adam economic views are simply too unconventional politically in turkey he may be unstoppable but can he reign in the unstable economy. after the election many turks hope stability will rule the day and the president to one will continue his current economic policies. you can't do it there will be economic stability in the country there has to be. that been a lot of volatility in the markets now it's over at least the elections are over. six if you ask me whether the euro or dollar will increase i think the depreciation the lira will continue. with that but turkey's currency the leader is under pressure due in part to worries about everyone's efforts to consolidate power and fears that he could seek to influence the country's intere

and its major trade partners washington has threatened even more tariffs in retaliation to the e.u. use new levies on american products experts say germany would be the big loser any new tariffs on its automotive industry would hit more than other e.u. countries. and the big fall in business sentiment here is he germany's dax daniel cope joins us to paint a picture for us from frankfurt daniel has a look at. well painting it was no really good in our classic bad less better talk about the numbers but yes what a lousy day here at the blue chip index saxon's to start off the trading day the losses are getting bigger and bigger and we are down right now with more than two hundred points a minus of more than one point six percent and there are lots of factors that are weighing in at the moment investors really seem to realize you mention is that indeed the big boom is over all of this really has a lot to do with the current u.s. president donald trump and i can tell you that people here are learning an asset manager told me a little bit earlier that his clients are very worried about the cu

percent tariff on vehicles assembled in the european union his comments come on the day that the e.u. use counter tariffs target.

take every country's means into consideration the chancellor is putting the focus on beefing up the e.u. use external borders in the hope of deterring people from trying to end the year of patrol. wants to follow the austrian approach where external controls don't work national border check should be reintroduced his party says as interior minister he already has the power to implement that but that would force a confrontation with the chancellor which could threaten the government as desperate migrants continue to cross the mediterranean the debate about what to do with them has turned into a political showdown in berlin. and it obvious the chief political correspondent linda korean joins me now from the chancellor we are here in berlin i'm linda it seems that there's a lot more to this than meets the eye how much of this is down to a power struggle and chancellor angela merkel's future. it's absolutely a power struggle and at least in some quarters including the chancellor's own bavarian sister party the c.s.u. the knives are out and we see that the interior minister is possibly willing to

and its major trade partners washington has threatened even more tariffs in retaliation to the e.u. use new levies on american products experts say germany would be the big loser. any new tarps on its automotive industry would hit more than other e.u. countries. and the big fall in business sentiment has hit the dax that is our financial correspondent in frankfurt daniel has germany's main stock index finished the day i see it's gone down down and down and looks like it's going into your ear. and down yes so the good old doctor was not in the mood today it has been a really bad day the trading day had finished with big losses a minus of two point four six per cent so we have lost more than three hundred points in just a single day and close with only twelve thousand two hundred seventy points some are fearing that we could even be under the twelve thousand point mark soon the biggest losers today infinium down with almost six percent times also with more than five percent but also the possibility of u.s. auto tears car makers stocks tumbling once again at the end of the trading day ever

a six country agreement if need be not to be outdone trump shot back against what he called the e.u. using canada's massive trade tariffs and nonmilitary trade barriers not long after this brawl the white house announced the trump meeting japanese prime minister shinzo abbay would be leaving the g. seven summit early possibly to avoid a shutdown will debate on climate change and the environment reports suggest he already considered staying away from the summit altogether. so to engender we sold him many disputes which divide donald trump and his kills us allies and including now his suggestion that russia should join the g. seven could these disputes end up overshadowing the entire summit. well frankly speaking i think that the dispute of many issues between among the allies and between the sixty hour members of the g. seven and the u.s. is already overshadowing this very controversial summit and it's quite likely or at least very possible that india and we are going to see a joint statement issued by all the members we just have to think what's the german chancellor said for example that

every country's leaned into consideration the chancellor is putting the focus on beefing up the e.u. use external borders in the hope of deterring people from trying to end the year up until forced wants to follow the austrian approach where external controls don't work national border checks should be reintroduced his party says as interior minister he already has the power to implement that but that would force a confrontation with the chancellor which could threaten the government as desperate migrants continue to cross the mediterranean the debate about what to do with them has turned into a political showdown in berlin. and for more now on this dispute over immigration between the c.d.u. and the c.s.u. we have belinda crane chief political correspondent with us here in the studio how much of this melinda is about immigration indeed how much of it is about power i mean is there more to this than meets the eye it's all about power these two parties the chancellor's c.d.u. and the bavarian conservatives the c.s.u. they're always referred to as sister parties but in fact they're quite s

percent tariff on vehicles assembled in the european union his comments come on the day that the e.u. use counter tariffs to.

certainly we will continue developing our relations with the e.u. us iran georgia and other states alike but that's not going to be done at the expense of our ties with russia and vice versa what we have with russia is not going to affect relations with any other country you told me that this instagram crosses between armenia and the west has been ongoing for some time will this process you know gather speed or remain the same with well it's not integration as such because integration in terms of economic cooperation is what we work on within the eurasian economic community as for the e.u. it's a process of reforming our state legislation system adverse it cannot be called integration in it classical meaning that if you want to call it that way then this is rather about coupling our legal frameworks certainly there's an economic element to it but it's not economic integration it is partnership that we have a specific trade regime. them the same kind of regime with georgia in the us conventionally speaking economic integration is what we do within the f

billion dollars in financial aid to jordan it follows a twenty three million dollars pledge from the e.u. useforeign policy chief said brussels will continue investing in an ally jordan seen a wave of protests against plans to raise taxes we are here to support our kompany to share our own experience if needed and if useful. to provide advise if asked for but most of all to go on t.v. or to try to get anti that the good steps that are taken are financially and economically supported we are here not as a just of as a gesture of. for charity if you allow me the expression but as an investment new evacuations have been ordered in guatemala a week after a volcanic eruption killed at least one hundred ten people before a volcano is spewing out more ash and lava emergency teams have been forced to abandon the search for survivors but i understand chess has more. well we're in front of the morgue here in this queensland where family members here are waiting to hear news from the remains of their loved ones they are some of them have been here since monday a woman telling us that she lost sixteen fam

that the like back music helena free is here for us now is taking a look at the e.u. taking a step closer to a trade war absolutely sara that is right the e.u. is hitting back at those us tariffs the member states have now rotates it seems. say that they back a plan to import duties on two point eight billion euros worth of american products movies in response to u.s. tariffs imposed on the steel an aluminum emissions still need to be adopted by the european commission when it meets in a week's time then they're expected to go into effect by late june or early july. and we can bring in our financial correspondent yens quote is standing by for us at the new york stock exchange james house the nice gone down in the u.s. where it is going to hurt certain industries but overall we're talking about an economy the size of about what eighteen trillion dollars and now we're talking for tariffs of about two point eight billion euros but still if you look at companies like harley davidson or levis both of those companies they achieve about a fifth of their revenue in europe a s

both certainly we will continue developing our relations with the e.u. us iran georgia and other states alike but that's not going to be done at the expense of our ties with russia and vice versa what we have with russia is not going to affect relations with any other country you told me that this instagram process between armenia and the west has been ongoing for some time will this process now gather speed or remain the same but well it's not integration as such because integration in terms of economic cooperation is what we work on within the eurasian economic community as for the e.u. it's a process of reforming our state legislation system adverse it cannot be called integration in its classical meaning that if you want to call it that way then this is rather about coupling are legal frameworks certainly there's an economic element to it but it's not economic integration it is partnership we have a specific trade regime with them the same kind of regime with georgia in the us conventionally speaking economic integration is what we do within the framewo

we really stressing the court about how important the e.u. us relationship is i think from that from your previous speaker that we hope that how many jobs depend on the e.u.'s relationship thriving so we are very very concerned national security is what the trumpet ministration is citing as a reason to impose a starrett he says he says he meets the keep on foreign steel from high lies on a national security ground how is the european union a security threat to the us the european union is not a national security threat after we fall in this. ridiculous contention and i think we have to remember that the e.u. and the u.s. are each of the stones just allies let's not forget the history of the last seventy years and the values that we share and really we need to stick together this is absolutely the time for the e.u. and the u.s. to work together was a positive agenda but as you know junko juncker and other european leaders want to challenge the world trade organization and there's a risk here that if they've ruled against a trump administration th

us trade populous respond to washington's. arrives with retaliatory measures about the e.u. waves with all its branches saying to drub if you want to talk you know where to find us. all saltire effects germany's top luxury carmaker issues a profit warning putting the blame on tensions between the u.s. and the rest of the worlds. plus bailout exit euro group ministers meet in luxembourg today to discuss the future of greece as that aid package comes to an end is athens ready to go it alone. this is it of your business i'm as in berlin welcome now turkey is joining the chorus of countries denouncing the u.s. tariffs on steel and alum indium and ankara is also taking action starting today turkey is imposing levies on twenty different us products ranging from coal paper and tobacco to cause a manufacturing goods in total the retaliatory tariffs are worth around two hundred thirty million euros and turkey's economy minister says they should balance out the costs of the trump ministration tariffs. that brings turkey in line with other nations including india which also hit the u.s.

from china's one belt one wrote megaproject can the promised profits from a land trade offset the e.u. us trade partnership. no by no measure i mean the. one bold one wrote initiative from president xi when you look at the. eurasian the you want called it from moscow the kind of going from here via the stock into europe this is very minor we talk about seventy million people as customers in between that's a lot of infrastructure the maritime silk road is far more interesting because china has developed customs customers and ports and other infrastructure there but nothing can substitute the us as a market nothing can substitute europe as a market this is all small notion and we have to see how we position ourselves as europeans with this one build one road initiative where we welcome it and we'll be voice our concerns at the same time the trade chief silly amounts from is targeting china alleging foul play with technology transfer rules what kind of leverage does brussels have over china and is it doing the right thing by being tough on everyone who don't play by the rules. well i guess t

broker european unity hungary's prime minister viktor orbán has emerged as a leading figure of the e.u. useanti immigration we today the conservative led parliament approved a raft of tougher new bills on migrant is used the package of legislation known as stop soros makes it illegal to help asylum seekers who are not entitled to protection in hungary a change to the constitution was also approved outlawing settling for in populations in the country this move is seen as a swipe at e.u. plans to distribute migrants fairly with the quota system. is it ok to use the migrant crisis to promote your brand of the italian clothing giant benetton is a stranger to controversy and once again it's taking flak for one of its ad campaigns now before it was posted on twitter migrants in life jackets being rescued at sea with been tom's logo at the bottom of the franco german in g o s o wes which carried out the rescues has condemned this campaign yes or west says that britain is on is exploiting a human tragedy for its own gain and says the dignity of survivors must be respected at all times and never be

e.u. countries. german companies b.m.w. and siemens have joined us in voicing their concerns about staying and investing it britain the companies all cite uncertainty surrounding a post for exit deal with the e.u. and that criticism was magnified by new survey among business leaders in six e.u. countries the hoffa of eight hundred executives polled by the new bacon mckenzie said their firms had reduced investment in the u.k. since the briggs it aeronautics company air bus said last week that a no deal scenario might lead it to move thousands of jobs abroad. well the u.s. government continues to review its trade relations with the world but china and the e.u. have reiterated their opposition to washington's protectionist stance and their own commitment to the existing global trade order senior officials from china and the e.u. met in beijing earlier on monday to conclude talks on a bilateral investment deal chinese a deputy prime minister said to you hey said he hopes europe would ease its controls on exports to china the european commission vice pres

e.u. must use countermeasures to steer the process in the right direction. but it's those who are affected most who are speaking out against new e.u. tariffs on u.s. products or taking other measures the german steel association fears that it could lead to even more trade barriers and further economic damage. i'm not joined by our correspondents terry shoals and brussels tara let me start with a quote europeans will gain nothing through weakness the american president will never respect europeans weakness that's what the french finance minister has. told reporters i found monstro quite conciliatory than they're little by. the e.u. angry at all. well of course you've got to remember that the syrian moms from speaks for twenty eight countries it's not as easy as speaking for your one single government but i was at this briefing with cecilia mom sherman i didn't get the sense that she was being complacent at all she said unequivocally that the u.s. will not get its wish to have negotiations treatment though she actions on other sectors as long as these import ta

percent tariff on vehicles assembled in the european union his comments come on the day that the e.u. use counter tariffs type.

percent tariff on vehicles assembled in the european union his comments come on the day that the e.u. use counter tariffs.

percent tariff on vehicles assembled in the european union his comments come on the day that the e.u. use counter tariffs target.

percent tariff on vehicles assembled in the european union his comments come on the day that the e.u. use counter tariffs ta.

and the us imposes tariffs on cars where the e.u. as a very big us and sends a lot of costs to the us and it's quite vulnerable to that. i mean it's difficult to say how the e.u. should respond on the one hand if they just said ok trump imposed tariffs on us and we're not going to respond and then it may well just involved in trying to go further particularly if the trade balance between the e.u. and the us does not improve but on the other hand you know if they do escalate the trade war then it might become a kind of fight to the death and we might see some severe restrictions on transatlantic trade which which won't help anyone and so it's a typical economist on the one hand and on the other argument but i think the e.u. is essentially has got no easy options here john's break for good to speak with you thank you. now an iconic motorcycle brand versus donald trump the u.s. president's trade spat with the e.u. has forced holly davidson to shift gear new e.u. tariffs will raise the average cost per bite by about two thousand dollars s

and its major trade partners washington has threatened even more tariffs in retaliation to the e.u. use new levies on american products experts say germany would be the big loser any new tires on its automotive industry would hit more than other e.u. countries. and the big fall in business sentiment has hit the dax that is our financial correspondent in frankfurt daniel has germany's main stock index finished the day i see it's gone down down and down and it looks like it's going into your ear. and down yes so the good old doc's was not in the mood today it has been a really bad day the trading day had finished with a big loss as a minus of two point four six per cent so we have lost more than three hundred points in just a single day and close with only twelve thousand two hundred seventy points some are fearing that we could even be under the twelve thousand point mark soon the biggest losers today infinium down with almost six percent look times are also with more than five percent but also the possibility of u.s. auto tears car makers stocks tumbling once again at the end of the tra

take every country's means into consideration the chancellor is putting the focus on beefing up the e.u. use external borders in the hope of deterring people from trying to enter europe or tall. wants to follow the austrian approach where external controls don't work national border checks should be reintroduced his party says as interior minister he already has the power to implement that but that would force a confrontation with the chancellor which could threaten the government as desperate migrants continue to cross the mediterranean the debate about what to do with them has turned into a political showdown in berlin. and for more on this dispute over immigration between the c.d.u. in the c.s.u. we have melinda crane chief political correspondent joining us here in the studio thank you so much for joining us melinda because there is really more to this than meets the eye right how much of this has to do with power and with angela merkel's future both absolutely it really is in the end more about politics than principles key to know about this is that this bill varian sister party of the

take every country's means into consideration the chancellor is putting the focus on beefing up the e.u. use external borders in the hope of deterring people from trying to enter europe at all. wants to follow the austrian approach where external controls don't work national border checks should be reintroduced his party says as interior minister he already has the power to implement that but that would force a confrontation with the chancellor which could threaten the government as desperate migrants continue to cross the mediterranean the debate about what to do with them has turned into a political showdown in berlin. now pollsters in for a test have been looking at the attitudes of germans toward refugee policy over the last month here's a look at some of those findings there are various measures being discussed by german politicians on the refugee question the pollsters asked a representative sample of german voters are the proposals right or wrong the proposal that drew greatest agreement was for more consistent deportation of asylum seekers whose application had been turned down eight

e.u. must use countermeasures to steer the process in the right direction. but it's those who are affected most who are speaking out against new e.u. tariffs on u.s. products or taking other measures the german steel association fears that it could lead to trade barriers and economic damage. let's get more from the w.'s of brussels bureau chief max welcome knocks so in your trade commission as the scene in a talk about not just taking the united states to the w t o but also china why. that's a message actually two fold message to the united states and the first part of that message is we hear you we know there is a problem with the steel and the aluminum that we are getting in europe and also in the united states and you know who is at the origin of the problem and that's china so that's the first part of the message and the second part is but we do believe that we have the multilateral instruments to deal with that problem and that's why we're taking it to the world trade organization ok so the w t o this is the multilateral instrument if the e.u. plays by t

most of us citizens deserve grevious mass immigration and the longer we wait longer. a loss of trust in e.u. and that night little like that pat manual tom and thank you so much for joining us on r.t. and sharing your insight we appreciate it. thank you. now a prominent anti child abuse campaigner and nobel peace prize nominee has been arrested by the f.b.i. of allegations of pedophilia hellebore pain reports twenty two year old joe davis is outspoken in his activism against sexual violence that's what makes his recent arrest so disturbing joel davis has been arrested and it's alleged that he attempted to engage a minor in sexual activity and he's been distributing child pornography now beyond the basic charges the actual details of the case are pretty disturbing the f.b.i. picked up davis in a sting operation now they've revealed some of the text messages he exchanged with undercover agents what's about to follow is rather disturbing but it's actually not the most disturbing part of the correspondence during the course of the text conversations davis stated that he is into children age zer

there especially considering the us economy is so growth us right now i mean these sanctions aren't going to hurt the u.s. . well the point of the e.u. countermeasures for example really isn't to knock off points off the us is g.d.p. but rather to make a political statement by highlighting american iconic products and products tied into republican constituencies and as we know the chinese are set to set to do the same they're going to impose they're probably going to impose tariffs on products coming from the states that make up trumps voter base so no country is in grave economic danger just yet but again the problem is this if it is whether this escalates and. in confidence and rules based trade is then eroded and that creates a free for all and everyone loses something so like are does have a point there. for us in frankfurt. ok we don't get to go to the caribbean that often but it's time to go to barbados a place drowning in debt right now the world's fourth highest debt to g.d.p. ratio behind japan greece and sudan now the i.m.f. is stepping in to get back in the black and you prime minister mia mostly recently announcing the c

e.u. in the us tariffs of this type would ever be justified in the view of the american chamber as well as the view of basically everyone in europe the terrorists are a violation of the w t o regulations and we see that in itself as a major issue so is the u.s. administration doing the u.s. economy a big favor will it all be a huge own goal i'm now joined by stephan lega trade expert from the university of zion gollin never will be tariffs help the u.s. economy. well the first round effects of these tariffs will be that the price of steel in aluminum in the united states will go up and we already see that in the united states since the beginning of twenty eighteen the price of steel has increased by about thirty seven percent this hurts companies in the united states which are used as an import for their production so when the last time this happened under george w. bush tariffs on steel were introduced and the price of steel went up actually heard lots of companies that use steel to produce cars to produce kitchen appliances motorbikes etc and the result is that these companies face highe

e.u. will join us in the meanwhile soybean farmers in the midwest are dreading the prospect of china taxing their product in retaliation for trump's tariffs on chinese goods futures are already at their lowest in nearly a decade to export twenty five percent of your products any time your stock start talking training o'shea sions is going to be a big impact on your business. tariffs have gone into effect on u.s. cranberries peanut butter orange juice and levi's jeans also in a blow to european liquor aficionados and american distillers bourbon whiskey has become costlier from lisbon to warsaw. thanks to the retaliates henri terrorists twenty five percent price increase is going to put us really expensive compared to other products that are already available in europe made by either european producers or indian or even japanese producers the kentucky distillers association urged trade negotiators to quote sit down over a glass of our signature spirit and resolve their differences rob reynolds zero washington italy's newly appointed to deputy prime minister wants to set up camps in north and

e.u. it used china of protectionist industrial policies intervening in markets and intimidating businesses. einar appears to be in the lead in the race to rollout five g. mobile phone technology said gen based phone manufacturer weiwei has announced it will be releasing five g. compatible devices from halfway through next year the main chinese telecom operators are conducting the final round of tests for the commercial use of fifth generation networks the joint five g. plan is part of the made in china twenty twenty five initiative which aims to turn the country from the world's factory into a global technology leader. british oil giant b.p. is buying chargemaster the u.k.'s largest electric charging company it's reportedly worth around one hundred seventy million dollars and will enable b.p. to expand its charging network across britain it expects the number of electric vehicles in the u.k. to surge to twelve million by twenty forty other major companies investing in the mobility market including royal dutch shell and. now it's pretty much still empty as you can see new international airp

e.u. must use countermeasures to steer the process in the right direction. but it's those who are affected most who are speaking out against new e.u. tariffs on u.s. products or taking other measures the german steel association fears that it could lead to even more trade barriers and further economic damage. while the use trade commission says he has also been outlining the blocks response is some more of what he said. so here we are we have tariffs they were also in post this morning on canada and on mexico we have been very clear about the consequences of doing this the european union will today sent. a request for consultations and later pandev to the w two other countries will as well maybe not today but in the coming days we have started the preparation for the so-called rebalancing measures and we will do that on a proportionate and measured way. let's bring in our financial correspondent corner a boost from the frankfurt stock exchange commerce one of the markets play this so cool so far. you know how many people on the markets are quite hopeful that

e.u. and the us. in which the terrorists would have been abolished anyway so. trump could have had that negotiations on a lower level maybe specifically with certain sectors with the e.u. anyway he wouldn't there was no need to start this this with a bombastic gesture and no announcement of wars and threats and all that he could have started to negotiate but he wanted to make the initial initial step a bit more uncomfortable for the others speaking of of course or consisting of but he's expected to leave this meeting rather early several hours early in fact he'll miss some conversations about climate change and other topics this might mean all seven leaders will potentially be signing the end of summit communique how serious is this i mean this is unique and i think it is a big problem of the g seven is a very important klopp of the former world leaders it's not without china so they have to defend their position there's good reason to believe that there will be more g. seven summits and more more of that but. trump is always willing to show that he's able to wa

us. motorbikes orange juice and whiskey the e.u. strikes back at the u.s. with terrorists targeting republican states bringing us closer to an all out trade war so how will this dispute hanged and will it mean a change to the global trade system this is inside story. hello and welcome to the program i'm a dentist now it's the latest round in a looming trade war on friday the european union impose three point surgery billion dollars worth of tiris on u.s. goods now it's a direct response to recently impose u.s. tariffs on imported steel and. european leaders try to change president trump's mind about tyrus during the recent g. seven summit in canada that meeting your remember didn't go down well it'll them with a new round of e.u. levies now taking hold relations seem destined to become even more tense we'll get to our guests in just a moment but first neve baka sets up a discussion from london. the e.u. has described the decision to slap tariffs on almost three billion dollars worth of u.s. imports as a rebalancing measure falling short of in any way referri

e.u. should not responded kind to us tariffs.i'm not so sure whether the subs or retaliation policy is the right approach because we had a full us administration a minute ago they feel they are treated unfairly and this is simply their perception and when it comes to when it comes to defense expenditure they have a point the western allies in europe they have been promising for years to raise their defense spending to two percent of g.d.p. and germany last year only spend one point two percent and now germany started to move but not to raise this two to two percent but only to one point five percent and i think that a better strategy would be a strategy of corporation a raising defense expenditure quickly to two percent of g.d.p. which would be in our best interest because we should be interest of being able to defend ourselves and secondly not to raise by talk about to cut tariffs for example cut terrors of the european union why do why does the europe in your not cut them from the count ten percent to the mid two and a half per

e.u. must use countermeasures to steer the process in the right direction. but it's those who are affected most who are speaking out against new e.u. care of sun u.s. products or taking other measures the german steel association fears that it could lead to even more trade barriers and further economic damage. well for more on this we're joined by our correspondent teri schultz ate at brussels now terry of a new trade commission to see a bunch of them has said that when it comes to america first it will be met with europe united when it will the bloke now be in agreement as to how to respond. so far it looks like it will be helena you know some of these measures were already teed up before today in the expectation that trump would follow through on these threats as we know the complaint has been lodged at the w t o already and the lists have already been drawn up of the u.s. products that will be targeted and all this left now is for member states to agree on which one of them will be one of them which ones of them will be selected for the important duties an