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DW Business May 10, 2019 13:45:00

Six thousand jobs. This is business a. Welcome the trumpet ministration has today raised duties on two hundred billion dollars worth of chinese imports from ten to twenty five percent will retaliate meanwhile trade delegations of both countries are in talks in washington that are being described as tense. The chance of a breakdown of the talks significantly increased now will bring in our correspondent in washington for the latest and have a look at how markets are taking its but first this report for. It would prove to be an uphill climb for the chinese negotiators as talks resumed in washington just hours before new u. S. Tariffs went into effect chinas vice premier rejected the u. S. Is rationale for the new duties its accusations that beijing had reneged on several points of agreement. Ive come here in good faith i want a reasonable and a Frank Exchange of opinion with the u. S. Side china believes in further tariffs is not a ....

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Detailed text transcripts for TV channel - DW - 20190510:13:50:00

Would be made public and essentially the chinese are trying to publicly admit that intellectual property laws are flawed because it would also mean to admit that they have been wrong for quite some time. tension have been weighing on markets for a while now what will happen if the talks break down this week and. this brings that brings a lot of the prospects of further twenty five percent tariffs on another three hundred twenty five billion dollars the chinese goods that s going to be negative for the stock markets particularly on companies like apple and. intel chip makers who do an awful lot of business in china is going to drive up costs these companies margins and essentially i think why own stock markets pretty much across the board the u.s. stock markets in particular whose whose whose royce i think has been running ahead of european markets in general michael hughes in london and all of us all it in ....

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