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Secretary of commerce wilbur ross has suggested a likelihood of putting a twenty four percent tariff on all steel imports or introducing a quota. Emotions are running hot in the steel sector it could be the next flashpoint for trade between the e. U. And the us washington is considering imposing tariffs on foreign made metals imported into the country the u. S. Made it clear it wont take that kind of move lying down. We stand ready to react swiftly and appropriately in case our exporters are affected by restrictive trade measures from the United States that could hit iconic brands like Harley Davidson its motorcycles are reportedly on a retaliatory list that u. Has drawn up to punish if steel quotas are introduced as well as American Made bourbon whiskey those products were apparently chosen because theyre made in the home states of influential legislators no one is talking about a trade war but theres little question that the pressure is mounting the e. U. s also worried by the new u. S. Decision to radically sink corporate taxes mission to avoid firms moving their headquarters from europe to the u. S. And wed like to avoid any slowdown of investment those are things well discuss thats important because what it comes down to is keeping jobs in europe. Germanys acting finance minister said he hopes for support from people in the u. S. They continue to want a Good Relationship with brussels. For a time to cross over to sufficient correspondent on wall street tell us what are the reactions to the wrath rake centering around this possible trade war what are you hearing. What wall street does not like carrots or really any kind of trade barriers funny and the reason for this is investors here not only with tele asia in a quid pro quo like situation the e. U. China canada mexico you name it what imposed care is on American Employees to simply have some leverage that invests it all from. Fear terrorists because there are some studies and also events in history that show the damaging effect terrorists can have on the domestic economy and economists i talked to are warning are these the measures of protectionism saying they hurt americans more than anyone else because when companies would have to pay more for imported materials this is capped into their profits and they might see themselves even forced to add workers go and workers again would have less money to spend so this looks like a vicious circle here talking about the circle it looks like a roller coaster actually and you look at the markets for just months of february a plummet followed by a winning streak full six days i know some sort of a stock nation what is going on behind you. Thats a good question for any of the six a winning streak is over for now after being able to cap the losses of the big fellow early on that months and a half the dow fell three hundred thirty points in the trading session the biggest loser and the dow was walmart and the company fell almost eleven percent and that was the worst day for walmart since nine hundred eighty eight and walmart is a heavyweight in the dow and for a company the size of walmart to job as the match as it did it shows how tough it is for traditional retailers to fend off amazon and at the same time volatility is back in the markets bond yields are continuing to climb so theres a lot of things going on that just make investors feel insecure years so she wants to thank you so much for your analysis for your. The trump familys taking its famous name on a marketing blitz to India Donald Trump to new york has arrived in delhi to flog luxury apartments and glad the wealthy indians who have already bought into our trump developments just outside the capital potential buyers are being lured in by a dinner in the u. S. President eldest son if they sign a sales contract by thursday Donald Trump Jr is meeting with Indian Real Estate Developers didnt escape the medias attention hes come here to find buyers for a development outside the capital delhi welcomed unsurprisingly with open arms by his local Business Partners its a great discussion he wants to understand what is the minds of the buyers what is the success of the will so far in terms of the as revenues when is the construction start things with a lot of intense discussion which is happening with from doing it himself the complex features one hundred eighty luxury apartments in true trump style with a golf course and shops attached. But thats just one of several projects in india bearing the trump name other developments are currently under construction in kolkata and mumbai the latest projects come despite accusations that trumps president could present a conflict of interest with critics accusing him of not sufficiently distancing himself from his familys business interests. So is this trip only about business our correspondent in delhi where ports. Well Donald Trump Jr is here he says not on a political trip hes here strictly for business reasons hes here representing the Trump Organization which he and his brother are now at the helm of since his father became president last year or young last year and yes hes here doing that hes meeting Business Leaders while hes here hes going on a whirlwind trip around various cities across the country but he is also making a speech on friday which is further complicating the picture of whether theres conflict of interest here is giving a speech on friday at an event a business summit that Prime Minister Narendra Modi will also be attending and hell be giving a speech today discussing the future of indopacific ties so hes here for business but but theres the speech as well you know. If youre crook off a shell or the victim of a Smear Campaign and last thanks to had a floppy a central bank project all accusations of having received bribes from a bank so that it could stay in business. A day after he was released on bail the governor of central bank. Dismissed all corruption allegations as usual ive been on the target of an obvious and well coordinated campaign of some large and commercial banks aiming to discredit the lobby and state to be false good. Claims he became a target because of his effort to clean up corruption in the countrys banking sector. Despite his assertion of innocence was suspended from office shortly after his statement. The Central Bank Governor a ledger they demanded one hundred thousand euros a month in bribes from the owner of the large fin bank norvig bank gulf. Oil and gas having way b. P. Released its annual and a closely watched benchmark report forecasting developments in the sector and this just addition is indicating an upcoming scroll down to what was once costed at an all stoppable. Thirst for liquid fuels. Automotive companies all over the world are betting on the mass adoption of electric vehicles in the next decades and they are not the only ones or oil and gas giant b. P. Is anticipating the say it predicts a hundredfold growth in electric vehicles by twenty forty and a corresponding hit to the worlds oil and gas sector b. P. Forecasts continuing growth in Global Demand for oil and other make would feel in the next two years but that demand is set to stop increasing after it hits one hundred ten Million Barrels a day in twenty thirty five its the first time b. P. Has forecast a peak in the worlds appetite for oil its not just about electric cars increased fuel efficiency in internal Combustion Engine vehicles is said to offset consumption too but beyond the automotive sector other factors are said to cause demand to set like tighter regulations restricting the use of plastic as well as an expected. Greece in the share over new mobiles in the Global Energy mix to fourteen percent by twenty forty. And this way last economic crisis is sparked an unusual Government Strategy its launching a cryptic currency called the patch row that oil backed currency goes live today and there are doubts to a brook and theres opposition on legal grounds. If you can dispute just how badly venezuela needs a plan hyperinflation shortages and soaring debt have brought the country to its knees and its citizens to the streets. When venezuelan president Nicolas Maduro announced plans to launch a new crypto currency some view it as an imaginative way out of the crisis and as a workaround for western sanctions that effectively keep venezuela from raising cash from bonds but if this is going to allow for advancements in International Financing for the economic and social development of the country the new crypto currency will be backed by reserves of it as we learned while old oil gas and diamonds began from the former governors walen allen says the creation of its crypto currency big fan im going to field a full time job and. The idea is to link Venezuelas Oil reserves to the value of a petro with one hundred million petro tokens worth around six billion dollars being issued initially but not everyone is convinced venezuelas opposition controlled parliament considers the petro a ruse to borrow money using the oil as collateral circumventing laws that demand legislative approval from gore was and many observers are skeptical that the solution to be managed by authorities like the central bank whose policies helped create venezuelas woes in the first place. And thats your business thank you so much for watching. Cut cut cut cut cut cut cut cut cut cut cut. Cut cut cut cut. Cut cut. Me take place personally your wedding with all of the wonderful people and stories that make the game so special. For all true fans farleys blake on more than football online. W true diversity place. Where the world of science is at home in many languages. On the top of that ive been wondering for me. Now a top of our innovations magazine for in shock some of us from every week and the only solution to the future on t w dot com of science and research for any show. Happy birthday in good shape returning ten things to you and you can leave this amazing think nice backpack and if you want to know whats inside needs visit on the web comic books to turn into the most favorite homeland until like some coughing or maybe well get a chance to do so for a. Good place. To sleep play an elite player league. Welcome to the Sixty Eight International Film Festival around four hundred films twenty two wounded from me as a competition starts and in a bundle on the

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