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A very lucrative moment definitely so thank you very much in new york for the analysis now to some other business stories we're following for you iconic u.s. motorcycle maker harley davidson 2nd quarter profits dive 20 percent year on year harley has been hit by the e.u. u.s. tariff disputes european tariffs on the famous machines rose from 6 to 31 percent but the result was better than expected and harley's shares rose on the news. the world's number 3 on a motor supplier continental has written off 2 and a half 1000000000 euros in assets the german company expects slower auto production grow...

The making for this ruling for for a decade and a half it just comes at a time and put the spotlight back on the e.u. u.s. relationship and we'll see what the decides on boeing early 2020 or whether or not this is part and parcel of the whole trade war i mean what's the use of the u.s. why is the u.s. threatening the e.u. with tariffs for something that it does as well. well we'll see as i said we'll have to see what whether the tio says about boeing specifically about the americans and the american company in this case and what level if any of. that tariffs that the europeans are allowed to q...

And a very significant portion of e.u. u.s. trade is actually governed by technical grievances and well those technical agreement. if the european union doesn't make the same kind of technical improvements that it's prepared to make with other countries with whom it has got a free trade agreement if you're saying that the e.u. is promising a punishment for the united kingdom to put it in a uniquely disadvantaged place compared to everyone else i would say that's one of the reasons why people voted to leave you ve you has the e.u. has procedures it's a commonsense arrangement was britain's prev...

The next month chinese trade officials said they were not surprised by the reversal which followed criticism in the united states that china was getting the better deal the u.s. originally announced the terrorists as retaliation for china's infringement of american intellectual property. and all that as financial markets are still reeling from the political turmoil in italy now there's renewed straight uncertainty let's talk about all that with our man of the frankfurt stock exchange. to come out what does this reversal of china mean for that deadline that we have here in the europe with the e...

The u.s. will work with its allies to make this new plan work i mean what can the e.u. afford at this moment. to do i mean what can it afford to do i mean can it afford to you know be in a conflict course with the u.s. and protect the plant and shield these small and medium sized businesses that maybe are already in iran doing business or of course the e.u. u.s. trade relationship is vitally important talking about seven hundred billion dollars worth of trade so i can't imagine that the e.u. is going to stand in the way of that but of course the security aspect with iran is so vitally importan...