also coming up a hung parliament in italy spells maki tom says until we take a look at what it means for the country's economy. and prepare for tough units reports that the european aerospace consortium advice could cut thousands of jobs across europe. this is your business update i'm headed home free in berlin glad you could join me asian markets fell at the start of the week in the wake of further threats from u.s. president donald trump to slap tariffs on imports of steel and other minion threats which continue to feed concerns of a global trade war commerce secretary wilbur ross defended the president's decision on u.s. television saying trump does not plan any exemptions to the tariffs ross also said threats from europe of retaliate tariffs on american products were in significant and from an accounting point if you would only amount to a rounding error. well president trumps trade threats could certainly hit europe where it hurts he said he'd add tariffs on european car imports now if the europeans decide to slap import tariffs on u.s. goods that would be the response that woul