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Transcripts For DW Business 20190902 13:45:00

Cleaning up oil spills and pollution x. Z. This is business as underdog younger how to office in berlin welcome to the u. S. China trade war escalated over the weekend with both sides slapping fresh tariffs on the others exports and there is no deal in sight in case youve lost track heres a quick update this weekend the United States imposed levies on an additional 112000000000. 00 of chinese exports while beijing is countering with curbs on 75000000000. 00 u. S. Dollars in goods smart speakers headphones and shoes are among the chinese products to be more made more expensive by the new u. S. Tariffs beijing meanwhile will hit u. S. Crude oil with a 5 percent tariff its the 1st time all has been targeted in this dispute and this isnt the end the u. S. Plans to raise existing tariffs on 250000000000. 00 in chinese exports from currently 25 to 30 percent and in december a further 15 percent on tariffs on chinese
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Transcripts for DW Business 20190902 13:47:00

In germany is basically treading water on the positive side if you will going up some points footsie in london going up as the pound is falling that has to do with worries over abraxas but with the pound lower it s benefiting british shares in the land prices are going up also not with a view to the trade in any way but possibly to a new more stable and more favorable to the euro government forming there so it seems as if trade isn t really all that much of a bother to people in the market the opposite is true of course everybody is watching this very very closely the thing is this position today the simple mentation now is not a huge surprise people are expecting that but they re also expecting that there can be really no other way with all that s riding on the line the stock market the economy trumps reelection political stability within china that there is not in some way in the end agreement that will take back these tariffs and then will ....

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