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europe and others complained to the world trade organization, the world trade organization threatened2 billion fine. you know all this. i'm just informing the viewers. so there's every reason to believe that the wto will object and try to take actions against the united states. will the united states consider leaving the world trade organization under president trump? >> what i think the president wants to do in terms of the world trade organization is send a very strong signal to them, across the board on this issue of trade, that we're not going to take it any more. what we have is a country here in the united states which has the lowest tariffs in the world, lowest nontariff barriers in the world and all we get from that is not fair and reciprocal trade, what we get from that is a half a trillion dollars a year in trade deficit that put our wealth offshore and our jobs offshore and a lot of the problem has been the world trade organization, which is over 160 countries and a lot of them simply don't like us. we don't get good results there. we're free traders. let's be clear about t
europe and others complained to the world trade organization, the world trade organization threatened2 billion fine. you know all this. i'm just informing the viewers. so there's every reason to believe that the wto will object and try to take actions against the united states. will the united states consider leaving the world trade organization under president trump? >> what i think the president wants to do in terms of the world trade organization is send a very strong signal to them,...
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Mar 28, 2018
03/18
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finally, i want to go back to your overview of the world trade organization. very recently, in the light of what has been happening in washington and the souring trade relationship between the us and china, he said "it is time to consider what the wto would and could look like without the united states, if donald trump decided to walk away from the wto." have you begun to think about what that might look like? i have absolutely no indication that the united states is walking away from the wto at this point in time. zero. there are problems. we don't discount that. we don't underestimate that. and they want to find solutions and other members want to sit down and find solutions as well. as far as the us is concerned, they are a member of the wto, and will be treated as such. you don't have a plan b? if donald trump is serious about saying that the wto is a disaster for the united states of america, do you not need a plan b? we have no indication that it will happen. his words are an indication. i've heard nothing from the united states that they are walking away
finally, i want to go back to your overview of the world trade organization. very recently, in the light of what has been happening in washington and the souring trade relationship between the us and china, he said "it is time to consider what the wto would and could look like without the united states, if donald trump decided to walk away from the wto." have you begun to think about what that might look like? i have absolutely no indication that the united states is walking away from...
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there's a range of it there's a danger of it and actually really the focus is on the world trade organization based in geneva because that's the arbiter the referee you could say of these things and really the double world trade organization has never. really being tested like it looks as though it's going to be tested in the next week or two so it's really up to the world trade organization to show its mettle no pun intended if we get these various regions the us other areas could easily be drawn in trying to protect their own manufacturers what effect will this have on global trade well it would be very damaging i mean it's been calculated for example that for every one job saved by this tariff in position for steel and aluminum in the united states the u.s. economy will actually lou lou five jobs that adds up to one hundred forty six thousand jobs that are a risk because of this policy by trump it is so dumb. is this all by the book these import tariffs from the u.s. in accordance with rules. well that's that's why i mentioned the w t o and it's important role as a referee i mean it has to
there's a range of it there's a danger of it and actually really the focus is on the world trade organization based in geneva because that's the arbiter the referee you could say of these things and really the double world trade organization has never. really being tested like it looks as though it's going to be tested in the next week or two so it's really up to the world trade organization to show its mettle no pun intended if we get these various regions the us other areas could easily be...
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Mar 9, 2018
03/18
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we would actively consider filing a complaint to the world trade organization with agreement between major countries the trade minister kim already discussed this with the european union trade commissioner. could do with her it is extremely regrettable that the measures were decided i believe there is a concern that a broad trade restriction mechanism on the grounds of national security could disturb not only the u.s. but also the global steel and aluminum markets including those in the asian region and it could also cause a grave impact on economic relations between allies japan and the us as well as the multilateral trade system overall and the global economy. now it's the trade deal trump didn't want to be a part of the trans-pacific partnership has been signed in chile and what's being healthy is a powerful move against protectionism the revised deal will reduce tariffs for eleven countries and connect economies worth ten trillion dollars our latin america to see newman has more from santiago. i believe there's an agreement that's much more than a deal to reduce tariffs in the mos
we would actively consider filing a complaint to the world trade organization with agreement between major countries the trade minister kim already discussed this with the european union trade commissioner. could do with her it is extremely regrettable that the measures were decided i believe there is a concern that a broad trade restriction mechanism on the grounds of national security could disturb not only the u.s. but also the global steel and aluminum markets including those in the asian...
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Mar 28, 2018
03/18
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finally, i want to go back to your overview of the world trade organization. washington and the souring trade relationship between the us and china. he said it is time to consider what the wto would and could look like without the united states, is donald trump decided to walk away from the wto. had he begun to think about what that might look like? either make i have no indication that the united states is walking away from the delhi tia. -- i have no indication that the united states is walking away from the video. we don't discount the possibility. they want to find solutions and other members wa nt to to find solutions and other members want to sit down and find solutions as well. as far as the us is concerned, they are members of the wto. if donald trump is serious about saying that the delhi tia is a disaster the united states of america, do not need a plan b? —— wto. we have no indication that it will happen. his words are an education. i've heard nothing from the united states that they are walking away from the wto. i didn't hear that from any of the
finally, i want to go back to your overview of the world trade organization. washington and the souring trade relationship between the us and china. he said it is time to consider what the wto would and could look like without the united states, is donald trump decided to walk away from the wto. had he begun to think about what that might look like? either make i have no indication that the united states is walking away from the delhi tia. -- i have no indication that the united states is...
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we're actively considering filing a complaint with the world trade organization. we've already discussed the issue with the european trade commission and. other countries including japan and australia are trying to placate the u.s. they are praising washington for sparing canada and mexico from the tariffs on steel and aluminum and they're hoping for more exceptions trumps executive order makes it possible for other countries to deal directly with the u.s. to remove tariffs. we will closely investigate the details of these measures and potential impact on japanese industries we would like japan to be exempted from this. when. china has sharply criticized the tariffs the trade ministry in beijing has called on washington to drop them but it's announced retaliatory measures tariffs on american liquor tobacco and other products. the international monetary fund warns that this constant breezing of the stakes could lead to a trade war. while the european trade commission acedia madam shlaim also reacted to the u.s. to her own steel and other medium taking to twitter thi
we're actively considering filing a complaint with the world trade organization. we've already discussed the issue with the european trade commission and. other countries including japan and australia are trying to placate the u.s. they are praising washington for sparing canada and mexico from the tariffs on steel and aluminum and they're hoping for more exceptions trumps executive order makes it possible for other countries to deal directly with the u.s. to remove tariffs. we will closely...
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Mar 6, 2018
03/18
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laura: the head of the wld trade organization said they must prevent the falls of the first dominoes in the trade war. there is clearly anxiety there. greg: there is. e united states helped create the world trade organization, but one of the problems is that the united states is not turning to the world trade organization to solve these problems. the previous administration brought a case ainst china about aluminum at the w. fited states is not following ly on that case. now, in order to give the trump team some credit, the wto takes ong time to solve these problems. if you're in the steel and aluminum industry, you are tired of waiting. laura: thank you for joining us. greg: all right, always a pleasure. laura: an aid convoy werere delisupplies to people trapped in eastern ghouta for the first time in syria today. it was forced to cut the mission short as shelling began. dozens of people are reported to have been killed today.as our middleeditor jeremy vobowen was there as the c set off into easter ghouta. he sent this report. jeremy: 46 lorries move through some of the most dangerou
laura: the head of the wld trade organization said they must prevent the falls of the first dominoes in the trade war. there is clearly anxiety there. greg: there is. e united states helped create the world trade organization, but one of the problems is that the united states is not turning to the world trade organization to solve these problems. the previous administration brought a case ainst china about aluminum at the w. fited states is not following ly on that case. now, in order to give...
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we support the european commission as it seeks talks with the world trade organization and the united states if you like. the european steel industry is advocating counter measures by the e.u. and mourns that the consequences of a trade or would also hurt the u.s. our estimations actually that he will actually create job losses net in the state in the supply chain and in the u.s. so it's not going to benefit the u.s. and it's going to knock off twenty thousand direct jobs in the u.s. and perhaps as much as one hundred fifty thousand indirect jobs in the e.u. as well trump's decision triggered outrage and alarm in asia south korea said it's considering filing a complaint with the world trade organization while china is threatening retaliation if the tariffs go ahead. after days of rumors came the official announcement european aviation giant airbus will cut more than three thousand seven hundred jobs in europe the company's scaled back production of its a three eighty and a four hundred m. models if a few more. if you don't know that sector sites are filton england surveillance spain a
we support the european commission as it seeks talks with the world trade organization and the united states if you like. the european steel industry is advocating counter measures by the e.u. and mourns that the consequences of a trade or would also hurt the u.s. our estimations actually that he will actually create job losses net in the state in the supply chain and in the u.s. so it's not going to benefit the u.s. and it's going to knock off twenty thousand direct jobs in the u.s. and...
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well let's have a look at the current tariff situation according to the world trade organization the average chair of the u.s. slaps on imports is three point five percent while the e.u. charges five point two and the chinese nearly ten but for different categories of goods different rates apply for example when it comes to cars the us currently charges just two point five percent in duties while the e.u. demands ten percent it's a similar picture with food imports around eight percent in the us but a whopping eighteen percent in the e.u. so it may be a bit shortsighted sublime donald trump for threatening tariffs while there is a clear imbalance in trade relations favoring the e.u. or this trade dispute turns out one thing is it's not good for business and it will hit some communities harder than others hamburg's port for example is a gateway to the world the city lives and breathes free trade authorities here believe the only answer to the ongoing threat of terrorist from washington is for the e.u. to take a united stand in support of free trade. sailing into the port of hamburg be
well let's have a look at the current tariff situation according to the world trade organization the average chair of the u.s. slaps on imports is three point five percent while the e.u. charges five point two and the chinese nearly ten but for different categories of goods different rates apply for example when it comes to cars the us currently charges just two point five percent in duties while the e.u. demands ten percent it's a similar picture with food imports around eight percent in the...
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Mar 8, 2018
03/18
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we thinke'll get a challenge at the world trade organization from the european union, a this national security claim is a bet that t world health organization, who is like the referee in the global trading ng tom, will not be willi question the sovereignty of a member country, and they will defer to the right of a sovereign country to determine their own national security. but, you kno most economists, trade experts, they think -- i mean, i hearda terms yestey talking to economists talking patently abseward, that there's no legitimate claim that can be made on the basis of national security because, let's remember, something around 70% of the steel used in t states is produced in the united states. so whatever we want to discuss, you know, and there are issues to discuss in terms of the steel industry and the context of the global economy, there's a big glut of steel, a lot produced in china, these are real issues, there are people out ofork at steel plants in the united states, but, you know, a lot of that's automation,it doesn't even have to do with trade, and the notion that someho
we thinke'll get a challenge at the world trade organization from the european union, a this national security claim is a bet that t world health organization, who is like the referee in the global trading ng tom, will not be willi question the sovereignty of a member country, and they will defer to the right of a sovereign country to determine their own national security. but, you kno most economists, trade experts, they think -- i mean, i hearda terms yestey talking to economists talking...
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Mar 5, 2018
03/18
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states is not turning to the world trade organization to solve these problems. the previous administration brought a case against china about aluminum at the wto. united states is not following up fully on that case. now, in order to give the trump team some credit, the wto takes a very long time to solve these problems. if you're in the steel and aluminum industry, you are tired of waiting. laura: thank you for joining us. greg: a right, always a pleasure. laura: an aid convoy were delivered supplies to trapped in eastern ghouta for the first time in syria today. it was forced to cut the mission short as shelling began.ns dof people are reported to have been killed today. our middle east editor jeremy bowen was there as the convoyof set into easter ghouta. he sen this report. jeremy: 46 lorries move through some of the most dangerous territory around damascus to ges to etern ghouta. the syrians refuse to let them take in 70% of the surgical and trauma kits, but they carry food and medical supplies people.,500 it was a start. >> we need to be sending convoyt at
states is not turning to the world trade organization to solve these problems. the previous administration brought a case against china about aluminum at the wto. united states is not following up fully on that case. now, in order to give the trump team some credit, the wto takes a very long time to solve these problems. if you're in the steel and aluminum industry, you are tired of waiting. laura: thank you for joining us. greg: a right, always a pleasure. laura: an aid convoy were delivered...
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Mar 23, 2018
03/18
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what he should be doing is using the world trade organization, the world trade organization was largelys in the 20th century. we have a rules —based system that covers things like intellectual property, there is the agreement that is designed as for that purpose, there should be a claim brought by the us against china through that mechanism and by going to unilaterally, it is really vigil at justice going to unilaterally, it is really vigil atjustice and that is illegal under international law. —— vigilantes under international law. —— vigila ntes about. and under international law. —— vigilantes about. and then the us would win and sanctions of this nature would not be necessary and china would be told at stop doing it. -- vigilante. the picture we china would be told at stop doing it. —— vigilante. the picture we are getting is of a huge deficit in terms of the disparity of trade going one way and the other, can we be terribly precise on these sorts of things? the language of deficit isa of things? the language of deficit is a red herring, we keep hearing that and it is generated by p
what he should be doing is using the world trade organization, the world trade organization was largelys in the 20th century. we have a rules —based system that covers things like intellectual property, there is the agreement that is designed as for that purpose, there should be a claim brought by the us against china through that mechanism and by going to unilaterally, it is really vigil at justice going to unilaterally, it is really vigil atjustice and that is illegal under international...
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commitment to multilateralism we support the european commission as it seeks talks with them while trade organization and the u.s. start feeling. the european steel industry is also advocating counter measures by the e.u. and warns that the consequences of a trade war could also hurt the u.s. are estimates that he will actually create job losses net in the supply chain in the u.s. so it's not going to benefit the u.s. and it's going to knock off twenty thousand direct jobs in the u.s. and perhaps as much as one hundred fifty thousand jobs in the e.u. as well trumps this issue and has also triggered outrage in asia south korea is considering filing a complaint with the well trade organization while china is threatening countermeasures if the terrorists go ahead. now just a week after being born baby rhino nobody has been entertaining businesses to a dutch zoo frolicking with her in their enclosure she's a square lip to ride on it might be her oversized ears and feet attracting attention at the moment officials of the zoom in on them said she is one of three cops in the house now their wild cousins fou
commitment to multilateralism we support the european commission as it seeks talks with them while trade organization and the u.s. start feeling. the european steel industry is also advocating counter measures by the e.u. and warns that the consequences of a trade war could also hurt the u.s. are estimates that he will actually create job losses net in the supply chain in the u.s. so it's not going to benefit the u.s. and it's going to knock off twenty thousand direct jobs in the u.s. and...
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Mar 9, 2018
03/18
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the european union south korea say they may file a complaint to the world trade organization trying to impose the levies despite warnings sparking global trade war he said he needs to preserve american jobs. now to the trade deal trump didn't want to be part of the transpacific partnership has been signed in chile in what's being hailed as a powerful move against protectionism our latin america the lucy and human has moved from santiago. i believe there's an agreement that's much more than a deal to reduce tariffs in the most dynamic region of the world economy. the comprehensive and progressive transpacific partnership or t p p eleven for short is in fact being hailed as an antidote to the increasingly protectionist policies of the united states despite the rising trend when you have. today. behind. every station. many thought the t p p was finished after president donald trump pulled out of the deal that his predecessor barack obama believed would offset china's growing economic and geopolitical power but spurred by japan the remaining countries forged ahead regardless leaving the u.
the european union south korea say they may file a complaint to the world trade organization trying to impose the levies despite warnings sparking global trade war he said he needs to preserve american jobs. now to the trade deal trump didn't want to be part of the transpacific partnership has been signed in chile in what's being hailed as a powerful move against protectionism our latin america the lucy and human has moved from santiago. i believe there's an agreement that's much more than a...
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Mar 9, 2018
03/18
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we would actively consider filing a complaint to the world trade organization with agreement between major countries the trade minister kim jung chang already discussed this with the european union trade commissioner. eleven countries have signed the revised trans-pacific partnership trade deal in chile they're hailing it as a move against protectionism after the us pulled out of the room and last year it will reduce tariffs for eleven countries and connected colonies around the pacific worth ten trillion dollars. seven people have died in a suicide bombing in afghanistan's capital kabul seven others were wounded in the blast of a police checkpoint near a gathering of the shia minority media claim of responsibility almost one million people are without power after heavy snow in the northeast of the u.s. it's the second storm to hit the east coast in less than a week or than a hundred thousand people are enduring widespread electricity cuts some of them without power for almost a week now as the headlines the news continues here on al-jazeera after one o one east ahead of the septembe
we would actively consider filing a complaint to the world trade organization with agreement between major countries the trade minister kim jung chang already discussed this with the european union trade commissioner. eleven countries have signed the revised trans-pacific partnership trade deal in chile they're hailing it as a move against protectionism after the us pulled out of the room and last year it will reduce tariffs for eleven countries and connected colonies around the pacific worth...
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Mar 23, 2018
03/18
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global economy both nations have said they're going to start legal action through the world trade organization here in china's commercial capital shanghai there's growing concern over a trade war with the u.s. they're worried about jobs in there worried about chinese businesses. it may affect employment in china since export is a big part of china's economy there's a lot of low and industry but in many people's jobs at depending on export. so i watch a lot of news of course china will fight back but the point of doing business is that we both it doesn't work if america is the only leader china has to protect its own to the increased trade tension could prove to be a challenge for chinese president xi jinping who by a measure passed during the national people's congress earlier this month to remain as leader in definitely a big trade war with the u.s. could slow china's rapid growth critical to his long term vision it's got harder al-jazeera shanghai and the e.u. is asking the u.s. for a permanent exemption from a new type of some steel in early minium a joint statement by twenty eight european
global economy both nations have said they're going to start legal action through the world trade organization here in china's commercial capital shanghai there's growing concern over a trade war with the u.s. they're worried about jobs in there worried about chinese businesses. it may affect employment in china since export is a big part of china's economy there's a lot of low and industry but in many people's jobs at depending on export. so i watch a lot of news of course china will fight...
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Mar 9, 2018
03/18
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and south korea say they may file a complaint to the world trade organization trump imposed the levies despite warnings of a global trade war saying he needed to preserve american jobs. well in the u.s. industrial heartland there is jubilation over those tariffs steel workers have been pushing mr trump to fulfill one of his key electoral promises and she had her tansey. when we when we bring in steel back that message hope to donald trump become the first republican presidential candidate since one thousand nine hundred eighty eight to take pennsylvania but just a few weeks ago at this union hall in the states more than valley steelworkers told us trump's lack of action suggested he was no different to all the other politicians who promised them protection were still flatline like not to mean since the election i'm not sure that he believes in another day and you know money but money for. now for the top. that's what i see and now trump has delivered and there's widespread opposition to the tariffs in washington on wall street and among the us as trading partners there is relief elsewh
and south korea say they may file a complaint to the world trade organization trump imposed the levies despite warnings of a global trade war saying he needed to preserve american jobs. well in the u.s. industrial heartland there is jubilation over those tariffs steel workers have been pushing mr trump to fulfill one of his key electoral promises and she had her tansey. when we when we bring in steel back that message hope to donald trump become the first republican presidential candidate since...
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Mar 22, 2018
03/18
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hundred seventy four trade act and this is something that he will continue to pursue at the world trade organization kimberly how can i thank you very much indeed. and that's it for the time being we'll have more for you in a couple of minutes at the top of the hour. those trade sanctions by the white house likes water. and new year new lessons and new rules this is the time when you get to choose your english teacher is for the next two years meet the teachers empowering best students might say i'm michael all about freedom we're going to look at the spec i want you to develop the skill with which speed by letting them choose the lessons they learned revelator cation democratic schooling united kingdom at this time on al-jazeera. a scandal that's rocked the nation to its core and exposed hundreds of calls official. brides just to show the most dangerous comedy team one s sometimes take a spot to go in a difference to blow up a customer five days judicial corruption as a matter of. i think i come out of my car in an exclusive documentary al-jazeera and examine one man's extraordinary battle for just
hundred seventy four trade act and this is something that he will continue to pursue at the world trade organization kimberly how can i thank you very much indeed. and that's it for the time being we'll have more for you in a couple of minutes at the top of the hour. those trade sanctions by the white house likes water. and new year new lessons and new rules this is the time when you get to choose your english teacher is for the next two years meet the teachers empowering best students might...
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earlier this year the trump administration said it was a mistake to let china join the world trade organization back in two thousand and one that was a major reversal from the obama and bush administration's stances that its membership would help avoid trade wars and bring china up to speed as a fully market driven economy. and max china is being hit no big surprise europe is not at least for now so do we have relief or do we have more uncertainty for the european economy. a lot of the politicians here wanted to double check first of this were really true because if you listen to the press conference by donald trump he really didn't specifically mention that there would be an exemption for the european union and that's why e.u. officials not having a lot of trust in what donald trump has said in the past because often there's a huge discrepancy between what he says and then what's written in the papers and the official documents that are they said they wanted to double check before they gave give out an official statement but beforehand we had for example the president of the e.u. parliament sa
earlier this year the trump administration said it was a mistake to let china join the world trade organization back in two thousand and one that was a major reversal from the obama and bush administration's stances that its membership would help avoid trade wars and bring china up to speed as a fully market driven economy. and max china is being hit no big surprise europe is not at least for now so do we have relief or do we have more uncertainty for the european economy. a lot of the...
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Mar 3, 2018
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meanwhile the world trade organization says the potential for escalation is real and a trade war is interests. canada's prime minister, justin trudeau, said the whole business was unacceptable — warning of serious problems if mr trump presses ahead with his plans. the integrated nature of our supply chains means that there would be significant disruption, in canada obviously, but also in the united states. we buy more steel from the united states than any other country, and disruptions to this integrated... integrated market would be significant, and serious. at that is why we are pressing upon the american administration the unacceptable the american administration the u na cce pta ble nature the american administration the unacceptable nature of these proposals that are going to hurt them every bit as much as they will hurt us. and we are confident we will be continued to be able to defend canadian industry. earlier we spoke to our correspondent chris buckler in washington. the tweets keep on coming and there are two bases for donald trump, there is the base that voted to him, and he
meanwhile the world trade organization says the potential for escalation is real and a trade war is interests. canada's prime minister, justin trudeau, said the whole business was unacceptable — warning of serious problems if mr trump presses ahead with his plans. the integrated nature of our supply chains means that there would be significant disruption, in canada obviously, but also in the united states. we buy more steel from the united states than any other country, and disruptions to...
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Mar 28, 2018
03/18
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the head of the world trade organization has said he believes the world is seeing the first signs of ar. roberto azevedo told the bbc it was as a result of the steel and aluminium import tariffs announced by us president donald trump earlier this month. mr azevedo said the tariffs could prove to be a big problem if other countries retaliated. china and the european union are both threatening to do so. mark davies is the chief executive of the strategy consultancy, camberton. hejoins me now. it is good to see you. he was given a good grilling. it is called hardtalk. stephen sackur gave him a ha rd hardtalk. stephen sackur gave him a hard time. interesting what he had to say. the wto is in the eye of the storm at the moment. definitely. many people around the world want a trade war because they do not think the flows of trade that have lifted so the flows of trade that have lifted so many out of poverty are working for them. politicians around the world as a result are taking protective measures. if you were in charge of the wto, you would be very, very frustrated by that. charge of the
the head of the world trade organization has said he believes the world is seeing the first signs of ar. roberto azevedo told the bbc it was as a result of the steel and aluminium import tariffs announced by us president donald trump earlier this month. mr azevedo said the tariffs could prove to be a big problem if other countries retaliated. china and the european union are both threatening to do so. mark davies is the chief executive of the strategy consultancy, camberton. hejoins me now. it...
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Mar 10, 2018
03/18
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south korea is considering filing a complaint with the world trade organization while china is consideringountermeasures if the tariffs go ahead. >> standing by in ottawa, the president of the canadian trade organization joins us. thank you for joining us. canada will get away without tariffs for now. you must be relieved. >> in the current climate, there is no guarantee for the rest of the day. we are relieved to find canada was not included in this round. what we have in front of us is a threat from the president that negotiations on nafta, he could choose to impose tariffs on canada later. >> i would like to bring in this tweet from donald trump. he says the u.s. has large deficits with mexico and canada. nafta has been a bad deal for the u.s. because of a massive location of companies and jobs, his words. what he is trying to say i think is imports are in outflow of money and with them go jobs. trump is right. canada is taking advantage of the u.s.. >> i think all three countries are taking advantage of nafta. what we have seen is a dramatic increase in trade among canada, mexico, and
south korea is considering filing a complaint with the world trade organization while china is consideringountermeasures if the tariffs go ahead. >> standing by in ottawa, the president of the canadian trade organization joins us. thank you for joining us. canada will get away without tariffs for now. you must be relieved. >> in the current climate, there is no guarantee for the rest of the day. we are relieved to find canada was not included in this round. what we have in front of...
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Mar 27, 2018
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on the verge of creating the most ambitious free trade block since the creation of the world trade organization in one thousand nine hundred five if ratified the afghan continental free trade area would bring fifty five nations under one umbrella for business and african union hopes a final deal will supercharge trading between african nations and sperm point nonetheless some member states have their reservations al-jazeera has and how much was the last week's free trade summit in the rwandan capital kigali it's estimated the up for can continue until three you could see business between of preconditions increased by more than fifty percent within four years the idea is to bring together countries with a combined population of one point two billion people and gross domestic product or g.d.p. more than two billion dollars into one market. will too for all of the african union's fifty five member states have signed the protocol agreement commits countries to moving toward have someone to pull sense of goods and if all body has to trade with the continent eventually the free movement of people and
on the verge of creating the most ambitious free trade block since the creation of the world trade organization in one thousand nine hundred five if ratified the afghan continental free trade area would bring fifty five nations under one umbrella for business and african union hopes a final deal will supercharge trading between african nations and sperm point nonetheless some member states have their reservations al-jazeera has and how much was the last week's free trade summit in the rwandan...
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Mar 3, 2018
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political economist philip greying former special advisor to the director general of the world trade organization and petard thailand via skype on a tangan and investment banker who regularly advises the chinese government on economic and development issues and in philadelphia republican political strategist joe watkins who served as a white house aide to president george h.w. bush gentlemen great to have you with us on the program mr tang and let me start with you is this about china given what president trump has said about targeting chinese imports of steel of the menu in the past and if it is is it completely misguided. well i think china has got a shot i don't quite know it's me this was a. child i. really missed the mark it's your statistics show it's a little skyrocket remember reason is. or it or it. because it's lighter weight it just seems at this point. it's very interesting are but i don't know if. our whole economic. world most of the grain how is this proposal being perceived do you think not just in china but around the world given the number of countries that import these products
political economist philip greying former special advisor to the director general of the world trade organization and petard thailand via skype on a tangan and investment banker who regularly advises the chinese government on economic and development issues and in philadelphia republican political strategist joe watkins who served as a white house aide to president george h.w. bush gentlemen great to have you with us on the program mr tang and let me start with you is this about china given...
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to multilateralism this we support the european commission as it seeks talks with the wild trade organization and the u.s. is the start of. the european steel industry is also advocating counter measures by the e.u. and warns that the consequences of a trade war could also hurt the u.s. our estimations out he will actually create job losses nets in the in the supply chain and in the u.s. so it's not going to benefit the u.s. and it's going to knock off twenty thousand direct jobs in the u.s. and perhaps as much as one hundred fifty thousand jobs in the e.u. as well trumps this issue and has also triggered outrage in asia south korea is considering filing a complaint with the world trade organization while china is threatening countermeasures if the tariffs go ahead. well standing by in ottawa president of the canadian chamber of commerce power and bt joins us now thank you very much for talking with us canada will get away without tire of so for now you must be relieved. well in the current climate any morning you wake up as the start of a good day there's no guarantee for the rest of the day
to multilateralism this we support the european commission as it seeks talks with the wild trade organization and the u.s. is the start of. the european steel industry is also advocating counter measures by the e.u. and warns that the consequences of a trade war could also hurt the u.s. our estimations out he will actually create job losses nets in the in the supply chain and in the u.s. so it's not going to benefit the u.s. and it's going to knock off twenty thousand direct jobs in the u.s....
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through the one trade organization. louison a living in interesting times is one of our guides through this interesting times professor. he's an economist at the john f. kennedy institute of buttons for university welcome d.w. to be here this talk of still kind of seems to have sprung out of nowhere has it well the exact timing does seem absolutely arbitrary and all reports indicate that it is a really a surprise for much of the establishment treasury was out of the loop defense was out of the loop the department of state was also surprised by this everyone knows that this is been a campaign issue and something it's a promise and so one can imagine among all the things that are cooking in the white house bubbling not getting resolved that this was a time when donald trump just wanted to go back to one of his greatest hits which was to him hammer at make america great again be the king of the hill in international trade and it is the thing so he's done this before that oh i want to do this big big big thing big thing but
through the one trade organization. louison a living in interesting times is one of our guides through this interesting times professor. he's an economist at the john f. kennedy institute of buttons for university welcome d.w. to be here this talk of still kind of seems to have sprung out of nowhere has it well the exact timing does seem absolutely arbitrary and all reports indicate that it is a really a surprise for much of the establishment treasury was out of the loop defense was out of the...