Berlin good to have you with us the chinese delegation is making its way to washington for more talks aimed at resolving the countrys longstanding trade dispute its the nines time the two sides of meeting to iron out of their differences u. S. Treasury secretary Stephen Minucci described the last set as constructive prompting hopes that a resolution could be close but at a republican fundraising events last night u. S. President still much trouble continued to talk to. John. Trading abuses and theft of intellectual properties and so many other things that theyve done to us i dont know how you people allowed this to happen for so many years youve been here longer than me but they really have theyve taken advantage of our country. And you know what i respect them for i say it we should have been doing that to them. Donald trump talking last night now in order to fix the trade imbalance washington imposed tariffs on chinese goods threatening to increase those terrorists from ten to twenty
A country thats already got its own Plastic Waste problem. Im melissa chan welcome to news asia thank you for joining us we start in india where parliament has outlawed socalled instant divorce practiced by some muslims it will now become a criminal offense punishable by up to 3 years in prison the controversial practice allows a muslim man to end his marriage simply by saying the arabic word to lock which means divorce 3 times to his wife its been a lightning rod issue in india for some time the Supreme Court declared it unconstitutional in 2017 and asked lawmakers to act against it however the bill was blocked by the opposition in the upper house of parliament for more than a year this time a split in opposition ranks helped Prime Minister Narendra Modis government push through the bill heres more from correspondent in delhi and we should as well. Primus some of the ins more of these b. G. P. And some with slim womens groups have applauded the criminalized reaction of instant divorce
Stereotype classic figures thinks hes a country that i dont. Need to be fixed to describe. Its all that. I might show join me to meet the gentleman from your. Post. As expected the u. S. Federal reserve cut Interest Rates and believes many scratching their heads that the u. S. Economy is strong why the need for even cheaper money is. Also on the show go breakthrough no progress no deal the 12 rounds of u. S. China trade talks ends with the same result as the previous 11. And the new british Prime Minister brings new worries for business with the brics that brinksmanship into much dreaded no deal. This is your Business Report im stephen bears in berlin thanks for watching its a modest cut Interest Rates that has some scratching their heads the u. S. Federal reserve has lowered rates by a quarter percent despite strong Economic Indicators in the country officials pointed to softening Business Investment and muted inflation its been a long time since the last rate cut almost 11 years in f
Ministers meeting in japan they dont make it harder for the big tax to avoid paying tax to have the details. And germanys women kick off their World Cup Campaign with the one known victory over china. On the welcome to the program. The United States and mexico have reached an 11th hour deal to crack down on migration from Central America earlier the white house threatened to slap tariffs on mexico if it failed to stop record numbers of migrants from traveling through its territory to the u. S. Border but the deal appears to fall short of the key u. S. Demand that mexico accept the designation of safe 3rd country that want to force it to permanently take in most Central American asylum seekers. For these migrants the trip north to the u. S. Could end here on the border between mexico and guatemala. Mexican authorities have agreed to crack down on illegal migration as part of a deal to avert an all out tariff war between the u. S. And mexico u. S. President donald trump heralded the last
Today as lawmakers there are expected to confirm or reject germanys on the line as new Commission President if she can secure the job and thats by no means certain she will have to leave the e. U. In a world increasingly dominated by china and the united states. When it comes to the e. U. s economic relationships its complicated u. S. President donald trump has threatened billions in tariffs on european products then theres the question of how to do business with china especially concerning demands to improve Market Access for European Companies closer to home theres the tricky issue of britains impending departure from the block and the impact that could have on business aside from navigating relationships theres the challenge of catching up on innovation to the e. U. Has long lost its position as the worlds technological vanguard digital success now appears more rooted in Silicon Valley and the tech hubs of chinese mega businesses but if the e. U. Is to regain its technological edge