of the u.s. does the trump administration have a point where the u.s. judy on car imports from the e.u. is two and a half percent but take a look at the e.u. use levy of ten percent on imports from the u.s. quite a difference there but those figures only tell half the story when it comes to s.u.v.s and pickup trucks the u.s. auto industry's main source of income european cars a subject to an import tariff of twenty five percent the u.s. is only hit with ten percent now that twenty five percent tariff dates all the way back to one thousand nine hundred sixty three it was known as the chicken tax a response to tariffs that france and west germany imposed on imports of american chicken just goes to show trade tensions are nothing new but the damage they could inflict could be exponentially larger this time considering the global supply chains of today that are so interconnected and vital for just in time deliveries of pots u.s. analysts on hailing horsed how the road ahead would look with auto tariffs from washington. well it would be very very damaging especially for the german export industry especially with for the auto industry germany shipping si

of a handle does brussels have on the situation and its costs. and last but not least donald trump he's threatening tariffs and the e.u. use valen to strike back with levies on some two hundred fifty billion euros worth of u.s. exports joining forces against trump for the e.u. that could be a show of solidarity and strength. well let's see what the other side is doing the u.s. department of commerce has temporarily lifted part of the sales ban on chinese tech giant. the ban almost shut down the company in april when washington accused it of continuing to violate sanctions against iran and north korea now restrictions have been lifted at least for the meantime. the temporary reprieve is only on to lead end of july and conditions under which that t.-e. will be allowed to resume business as strict the chinese tech giant will be able to maintain existing telecom networks and mobile phones in the usa and to carry out security patches to continue operating the company must pay a one billion dollar fine replace its executive team and hire u.s. compliance officers it was only in april that the company suspended most operations after the commerce department impose

of a handle does brussels have on the situation and its costs. and last but not least donald trump he's threatening tariffs and the e.u. use valley to strike back with levies on some two hundred fifty billion euros worth of u.s. exports joining forces against trump for the e.u. that could be a show of solidarity and strength. it's talk about this with our financial correspondent in frankfurt conrad what sort of financial or fighting position is the e.u. actually in. as of course a very difficult position let's not forget that the europeans to have a lot to chris to try to size because of the china some of those you know business practices policy practices they're one aspect might help the europeans when they talk to the united states if you include services financial services for example or the business of the large american internet companies then the european union actually doesn't have a trade surplus with the americans it's the u.s. who has a surplus this of course this aspect should be included if you talk about just and fair solutions in trade now here's a funny sidelines of the whole trade dispute trump has been very critical of harley davidson for

of a handle does brussels have on the situation and its costs. and last but not least donald trump he's threatening tariffs and the e.u. use vowing to strike back with levies on some two hundred fifty billion euros worth of u.s. exports joining forces against trump for the e.u. that could be a show of solidarity and strength. that's. enough financial correspondent in frankfurt conrad what sort of fighting position is the e.u. in. in a very difficult position europe is sort of sitting on the fence between the u.s. and china let's not forget also the europeans have a lot to criticize when it comes to chinese business practices and business policies but the americans don't seem to understand that they could in a unified way tackle those problems with china also when talking about the trade balance both sides europe and america seem to have fundamental misunderstandings if you include in the calculation the services for example and the large business that many large american internet companies have here in europe and it's not the e.u. that has the trade surplus it's the americans but the trumpet that administration doesn't seem to acknowledge this is another s

of a handle does brussels have on the situation and its costs. and last but not least donald trump he's threatening tariffs and the e.u. use value to strike back with levies on some two hundred fifty billion euros worth of u.s. exports joining forces against trump for the e.u. that could be a show of solidarity and strength. my colleague helen humphries spoke to michael director of the think tank open your berlin about the biggest challenges for yours or for. one of the biggest wrists and it also all pertains to italy is doomed to between banks. and government budgets so if there if these banks whole lots of government debt to seven dead of their own country then once you have a banking crises and there's many non-performing loans in the talian banking system then this could lead to a national crisis that. we would have another bailout program perhaps for italy and italy might be too big to fail the point see the potential for a new bailout program one of the ideas actually put forward by the french president and either way back on and that matters in favor of is this european monetary fund to help countries in crisis could you imagine there a fund whereb

us being diverted to the e.u. to prevent that brussels imposing twenty five percent tariffs though not on all imports you in levies will only apply to steel in excess of the normal imports. amazon's day of deep discount deals known as prime day has once again set the online retailer sales to new records as despite technical glitches and strikes across warehouses in europe workers walked out to demand better conditions and not for the first time. in europe amazon workers have long clamored for change the complaints range from inadequate wages an unhealthy working environment stringent efficiency quotas and penalties for taking sick or pregnancy leaves thousands have walked off the job again starting in spain last week with industrial action moving to italy france england germany and poland and some are still protesting today the strikes have become increasingly common for amazon and recent years i'll be it put seemingly little effect on the bottom line. now that e-commerce sales have risen steadily at amazon for more than seventy four billion to reach close to one hundred seventy eight billion dollars in just five years. being founder jeff bezos his pe