off the back of a turbulent week it shares lost three percent of the value off to trump tariffs were announced now the boss of siemens joe has slammed those proposed tires on steel that i mean in an interview with u.s. media he says they sent a disturbing message that could hit business confidence but he also says they wouldn't have a big effect on even his business in the united states. so i went over a lot of questions that at this stage especially concerning whether the fallout will impact the e.u. or rather whether the e.u. will implement retaliate surely measures to talk more about that now let's go over to brian and his guests that's right going to talk about the right now with laura from daniels' from the german institute for international security first good morning thanks for being with us helen has been mentioning this this word trade war we're all talking about it right now what does that word actually mean and what of course would mean for consumers well what it means is that we could end up in the