Transcripts For DW DW News - News 20180323 : vimarsana.com

DW DW News - News March 23, 2018

Bolton is strongest new National Security adviser these are the kids of preemptive strikes on north korea and thinks the u. S. Should dump the Iran Nuclear Deal so what is the point been mean the security. Glass within the next half a knowledge of a close this was once a disease on the street but its now making a comeback heads of one tb day we go to ukraine theyre going elsewhere the disease has developed resistance to the drugs that once talked to in its tracks. Being. Born. And unwelcome on the touchy. U. S. President donald trump speaks and sends the was reeling hes announced two major moves a new National Security advisor with notably hardline views and the threat of higher create talents against china the tell us announcement sent Global Markets sliding as fears of the creedmore grill as much as sixty billion dollars worth of annual chinese exports to the u. S. Could be affected this is the first of many punishing china on trade it was one of President Trumps most Fiery Campaign pledges we cant continue to allow china to rape our country and thats what theyre doing now actions are following words trump is moving to levy tariffs on chinese goods to slash the value of the u. S. Trade deficit with china we want reciprocal mirror if they charge us we charge them the same thing but beijing says reciprocity should not be the goal on trade it says it could impose retaliatory tariffs on u. S. Products like pork and aluminum if it must but that it would rather convince washington to change course and i dont get out of trade everyone knows its unrealistic to achieve complete equivalence so if the us purchases whatever it wants but also rejects selling china the products we want and keeps blaming us for the trade imbalance how is that fair i dont mind out. Meanwhile some analysts are asking is trumps bark bigger than his bite when it comes to trade. The president already announced global tariffs on steel and aluminum earlier this month but then came the negotiations and the exemptions. They include an initial exemption for the European Union with e. U. Leaders welcoming the move is to avoid protectionism at the global level. This is a major risk for jobs not only in europe. In this respect style of tuesday u. S. Ski. The dialogue is set to continue but so too is the pressure from washington trump is hinting more punitive measures on trade could be on the way. Now cost of joins me now to lower the reasons behind washingtons decision to slap tout ifs on china goes right on radar Donald Trumps decision to impose these terrors of sixty billion dollars on chinese imports follows his frequent complaints about the gaping u. S. Trade deficit with the country now since china joined the World Trade Organization in two thousand and one trade between the two countries has consistently grown but the flow of goods from china to the United States has risen much more quickly five fold over the past sixteen years now last year that resulted in a record three hundred seventy five billion dollars trade deficit for the United States now Financial Markets reaction to the news from washington has been widely negative from wall street to asia shares have been dropping in tokyo the nikkei index lost more than four percent hitting its lowest level since october concerns among investors in japan run particularly high as with the United States and china the rhetoric is heating up between of two of its biggest trade partners shares in hong kong shed two and a half percent this morning. Now for more lets bring in sending by at the Frankfurt Stock Exchange general give us the latest on european markets. European equities following that slide in asia christophe not quite as deeply but enough to show just how rattled investors are not even the prospect of exemptions that they got that you got from steel and aluminum tires have improved their mood were seeing the pan european stock six six hundred hit a one year low and thats mostly down to uncertainty as investors brace themselves for more weeks of waiting ahead of this consultation period before they can assess the hit to their businesses now none of these trade sanctions come into effect just yet the white house has instituted a waiting period on implementation so there is potentially time to prevent a deepening trade dispute why isnt this helping. Well because it could go either way this isnt a particularly large window with a lot of potential for reversal its worth noting that the usual process exists for trade disputes where the negotiations come first ahead of punitive measures moderated by an external body like the w t o now what were seeing now is a bit of a picture of that picture in reverse with the threat of punitive measures hanging over the consultation period the creation of bad faith and you see those talks taking the those talks would take place against the backdrop thats not really very conducive its also not clear what would placate trump hes trying to correct a great many wrongs here at least to his mind he wants to protect intellectual property he wants to he want to correct the trade imbalance he wants to keep china superpower status in check he wants to create he want to protect the message jobs its just not clear what package china could possibly offer that would help them address all these aims and that is the question that investors are asking themselves here and theres no clear answer to that. Reporting from the Frankfurt Stock Exchange general thank you. Now the European Union has among other countries been temporarily exempted from new u. S. Terrorism metals but steel makers and the workers still have pressing concerns will the European Union be able to carve out a lasting deal with the United States and what will happen to the chinese steel now looking for the markets a reporter went to one of german steel giantess and clips production sites to gauge the mood. Its the early shift it to some groups still works and theres just one topic of conversation for those clocking in the preliminary agreement about the u. S. Steel tariffs. What we call we dont really believe it we know donald trump always goes back and forth with things. Its not a real agreement because the largest steel producers have been excluded and of course its only valid until the beginning of may so nothing such as stirring from becoming one of those kind of if you gets not a proper settlement is donald trump has clearly had so much pressure from within his own country for trouble from the Federal Reserve banks and the u. S. Economy but i can assure chaffed. Exports around four billion euros worth of products to the u. S. Every year Industrial Facilities machines and steel high quality high tech steel. The german state association has welcomed the agreement with the u. S. Government but it says the e. U. Is far from being in the clear the u. S. Will still be sealed off for many of the steel exporting nations from Eastern Europe and asia their exports may well end up on e. U. Markets. We believe that that could mean around thirteen million tons being diverted to us. Thats an import increase of fourteen percent which would completely swamp european steel markets some place considerable pressure on companies to adapt. That donald trump still dispute has changed the way many workers at towson crip see the us and has done a lot of damage at least as far as trust is concerned it will. Stay on the topic of global trade thats right christoph as we heard a trump has temporarily exempted the European Union from higher talents on steel and aluminum which were meant to come into effect today the topic is overshadowing the main item on the agenda at the e. U. Summit in brussels and that was supposed to be briggs it even does have welcomed the exemption from trumps tyrants but they wanted to be permanent heres what they said. Ill be working with my fellow e. U. Leaders today on is to see how they can secure a permanent exemption for the days times but usually not what the next steps might be a bunch will sit well the good thing is that this issue has a reinforced our unity the European Commission has spoken with one voice and very rapidly zohan in this so that when it comes to raising carrots against the European Union will respond with countermeasures that was our collective reaction we want good Transatlantic Relations but we may also respond if we believe that International Trade rules have been by lated pullets. Joining me now is the deal because one judge mathis in brussels Gil Gutknecht the warn that if to have signposts on the e. U. The bloc would retaliate and thats a prepared for tough talks to come when donald trump talks about reciprocity leaders are clear that in these talks and currently as we speak they are preparing their their tactics how to proceed in these coming up coming negotiations the e. U. Will have the it wont be just a matter of mirroring tariffs because obviously the European Union has tariffs the u. S. Has tariffs its a complex picture but from the perspective of the euro between union its a more equal picture than the picture of donald trump and how these two can come together overlap coincide that will remain to be seen it seems europe was got caught up in a round doing between the superpowers and tell us how are the eaves relations with china. Look with china let me give you an example here back in the vendor last year the European Union started an initiative why are the w g o regulations together with japan and by the way together with the United States in order to tackle the problem of overcapacity in china and now that initiative is endangered by the unilateral action that almost trump is taking from. Perspective of the European Union they would like to address the problems with china on the basis of that International Framework of the World Trade Organisation and use the geo as a as an arbitration place in the International System and not engage into an outside muscling of other partners or or intimidating other partners thats a way they do not want to go down and kill them in this trade tells us some of hijacked the agenda that the summit what is on the table today then till. Obviously brecks it is a big issue on the table theresa may sticking for the second day of the summit while initially she had planned to leave but leaders want to turn to be around to show unity in case of the steel tariffs now suppress the chill get rubber stamp thats transition period but leaders made clear again today that when it comes to the backstop for Northern Ireland solution when it comes. To the thats transition period and nothing is agreed until everything is agreed and the u. K. Has to work on its red lines. And judge mathis in brussels thank you very much. Now president comes on the big announcement that the day was the appointment of a new National Security advisor the notably hard line views it was well known that trump and his former National Security adviser lost or didnt or mysie i too high so it came as no great surprise when he announced that john bolton would take over the village hed be exams National Security advisor in fourteen months. Even in a crowded field john boltons provocative views have long stood out whether its north korean brinkmanship or Irans Nuclear program. And has a more we had one answer to fight fire with fire lets ask john bolton for you mustnt of the past ten years he has been a fixture on u. S. Talk shows but today the New York Times and heres the headline its an eye catcher to stop irans bomb bomb iran theres rarely missing a chance to hammer home his aggressive Foreign Policy approach i think has the earlier strike the more damage you can do it is a stance he has doggedly clung to ever since he has the Us Ambassador to the u. N. Under george w. Bush that was during the iraq war he now returns to government on a bulging intray well i think the issues that confront us on proliferation and terrorism these are issues ive dealt with before the president obviously has them at the top of his priority list and so thats thats what we working on among among many others bolton will have to put words into action when he starts shaping u. S. National Security Policy from next month. Joining me now is tyson baka hes a us political scientist and a Program Director and fellow at the Aspen Institute here in germany welcome tyson not one of the things that john a bulletin has said that he wants to have a policy which gives the u. S. President the whole range of options how to interpret the statement and should the blood i think those in particular with regard to north korea and i think the world frankly should be worried because john bolton has a long track record in dealing with north korea when he was george w. Bushs chief arms negotiator in the First Bush Administration where he basically scuttled or had a heavy role in scuttling attempts to taunt between north and south korea which would have led to the prevention of north korea getting a Nuclear Weapon i think he is more willing to enable trumps worst instincts when it comes to military action and i think that is something concerning absolutely they must be for the allies of the United States and promptly simply got to. Decide to have a summit with north korea right now with john bolton as is a National Security adviser would that be in jeopardy i think it could still occur obviously donald trump wants to shake his own Foreign Policy what he wants to surround himself with he used to have he used to like to be the bad cop and surround himself with good cops that constraint his behavior the adults in the room as they would call them now hes surrounding himself with bad cops who are going to enable that behavior so if President Trump is still interested in having that summit and the north korean regime is still willing to engage i think it will still happen but the outcome i think is quite doubtful that it would be positive for the International Community and what about iran president from day to end he has dismissed this and says he wants a ted up disagreement on a nuclear deal with iran is the u. S. The heading for a more confrontation opposed to the Islamic Republic with bolton as a National Security advisor policy is personnel and you know as i just said you know we have two new bad cops coming in who are also deeply skeptical of the iran deal so i think that there will. Be a greater desire to unilaterally withdraw from the iran deal and reimposed sanctions at least on the part of the us the question is will the europeans and the rest of the International Community come in and kind of shore up that deal with iran of course you said these developments of a consulting and this is the National Security adviser that trump is had in the last fourteen months now would doesnt support the view that some people have that donald trump is they erratic in his Decision Making i think that that is that is undoubted clearly you know we have the greatest personal turnover of any presidency in modern history there is a tendency for the president to blame his staff for what hes perceived as his lack of successes but at the same time when they try to give him information that he doesnt like or the perception that he doesnt like he tends to dismiss them so what hes trying to do frankly is surround himself with people who are enablers who are in some ways yes men. And whose views are more aligned with his eod if you will and i think that thats going to lead to more erratic behavior in the coming years but it doesnt look the implication of this what he was saying sounds extremely bloody especially full. Allies in europe the European Union one of the implications of having. Them it was going to do his bidding without taking into account what the allies would listen like i mean you know john bolton served in the First Bush Administration as was probably the unilateralist so unilateralist i mean this guy is somebody who does not consider the will the will of the International Community when making decisions its one of the reasons that he was not confirmed by the senate to be u. N. Ambassador i think that this is the point where congress and the allies need to take a much bigger role in checking the president in the role of his power and in Foreign Policy right. Tyson baka thank you very much phil analysis it was a pleasure to have you with us m d

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