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is going to head and slaps a twenty five percent tariff on sixteen billion dollars worth of imports from china this is a second round of tiresome response to what the shop administration calls beijing's unfair trade practices china reacted swiftly with this own high tariffs on over three hundred american products as the trade vicious circle continues its dangerous downward spiral. new negotiations couldn't prevent the latest turn of the screw so far the u.s. and china have each imposed import duties on goods worth around fifty billion u.s. dollars now american companies in china are getting an easy intimate issue that our companies think about is the uncertainty that the conflict brings uncertainty isn't good for business it limits your ability to invest in new developments in a country that impacts your ability to hire new staff u.s. president trump is not just attacking the trade deficit with china he's also fired
latest tariffs are aimed at three hundred american broad. new negotiations couldn't prevent the latest turn of the screw so far the u.s. and china have each imposed import duties on goods worth around fifty billion u.s. dollars now american companies in china i getting on the easy to meet issue that our companies think about is the uncertainty that the conflict brings uncertainty isn't good for business it limits your ability to invest in new developments in a country that impacts your ability to hire new staff u.s. president trump is not just attacking the trade deficit with china he's also fired shots at beijing's industrial policies accusing the chinese government of paying high subsidies to companies in the tech sector like robotics and out official intelligence sectors hit by tariffs starting to hurt on both sides like at this market in beijing many have stopped ordering agricultural products from the. u.s. because they've become too expensive the new g.
ever in the wake of reports of weak sales of its a three eighty super jumbo it's now received a juicy order from u.s. private equity company indigo partners the order is a big one but for smaller planes though four hundred thirty single planes of the a three twenty neo family for a whopping fifty billion u.s. dollars that would provide indigo with state of the art aircraft for several low cost carriers it owns in north and south america and here in europe it's not the only deal was sought today because venezuela is approaching bankruptcy and now the cash strapped country has signed a debt restructuring deal with russia it will ease the terms and conditions under which one us where law must repay some three billion dollars it owes moscow the deal comes just a day after credit ratings agency standard and poor's and fitch declared the south american country to have partially defaulted on its debt. venezuela isn't paying
differences there in that speech in vietnam and monica jones has been monitoring it she has more well you never know you never know what you get sarah and when the leader of the world's strongest economy talks about trade and business relations will everyone is listening including my colleague daniel cope who is keeping an eye for us on the trading floor in a frankfurt danielle what do you read into trump's speech at the apec summit anything that comes as a surprise. well i was extremely just talking to an investor who was watching the speech here as well he said nothing really surprising they though came from donald trump and of course we know also because what happened yesterday when the street hundred fifty billion us dollars deal were and nouns and we know now that those also sometimes you know are just words and also you know sort of a part of the protocol what makes investors actually more wore it at this party that he was again making those very strong comments also in his speech toward north korea in the last days he was
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