Wringing their hands and people in lisbon historic alfonzo border are happy to welcome tours of the revenue they bring but more and more of the residents are being forced to leave their apartments to make room for holiday says. Chris cuomo welcome to the program with impeachment pressure growing u. S. President donald trump surely doesnt mind some positive news so as trade talks between china and the United States are entering their 2nd day mr trump described a one of the closed door meetings as cold very very good the president is due to meet directly with the chinese vice premier at the white house later today markets in the United States and asia both rose on the positive tone from the talks which followed a week of diplomatic setbacks between beijing and washington. Now before we got to the current talks lets take a look at the dispute in which neither u. S. President trump nor his chinese counterpart ping seemed willing to back down so far the u. S. s tariffs on 500 and 60000000000. 00 worth of chinese products now china in return has said livis on 185000000000. 00 worth of u. S. Goods that amounts to 735000000000. 00 in total and that figure could just be the tip of the iceberg the tit for tat terrorists cover a wide array of goods. From steel and aluminum to meat and fish vegetables mushrooms and nuts to tobacco and juice many sectors are affected on both sides of the pacific and as youve heard later today mr trump is supposed to meet a chinese vice premier league ahead past meetings between the 2 have used to progress for example in january china increased its soybean purchases and their february talks resulted in a delay in tariffs earlier i spoke to ranko berridge head of Market Analysis at monicas europe and i asked him if now that president doesnt trump said he was upbeat the rest of the world should be as well. Well its almost impossible to tell normally when you look at complex trade negotiations between for example the u. K. And the e. U. You can make the assumption that youre dealing with rational actors who are following incentives the problem with u. S. Trade policy over the past year and a half is that it hasnt really followed any rational incentives its. The Global Economy and so you make the assumption that it will be fine because economic interests of the u. S. Dictate that a deal should be struck so its very difficult to know despite this negotiation again what are the main road blocks. So its pretty clear now that if the u. S. The deal to cover agricultural purposes purchases maybe somewhere joost tariffs and changes to for example chinese regulation of Foreign Investment into china that deal could be struck its clear that this happened on the chinese side to do that deal the roadblock has always been the us is designed to place binding constraints with the Legal Mechanism on chinas ability to appropriate intellectual property from overseas because this directly ties into chinese ambitions to grow the economy and to increase their position on the manufacturing so thats the real roadblock its the ip provisions do you see the chinese giving way on that particular topic. Well the question is how is washington looking from those sitting in beijing we have seen donald trump already delayed the imposition of a certain sit of consumer tariffs in order to avoid hitting u. S. Consumers and christmas so from beijing this looks like a blink it looks like a little bit of hesitation so then its probably fair to say that the chinese think their current strategy of action and persistence is pressuring the white house so i would be surprised if they were pushing back still on those intellectual property provisions franco berridge head of market analysts is taking a look at the 13th round of trade talks between the u. S. And china thank you so much well china isnt the only country in brawls and traits that with the United States next week washington will impose a 25 percent levy on a range of Agricultural Products from europe it is doing so after the World Trade Organization ruled that the e. U. Had been illegally subsidizing education giant airbus to the detriment of its u. S. Rival boeing now while this dispute is still going on European Food producers are sounding the law. This is parma the italian province thats been producing hard cheese for 9 centuries. To leni familys been a hit since 895. Much of his product is banned for the United States its the 2nd most important export market for parmigiano after from. But one week from now the cheese will be subject to a 25 percent tariff. For the whole region of Parmigiano Reggiano for us farmers this was a slap in the face because of course when we no longer have that export market for the cheese will be forced to lower the price here and after that we wont make any money everything we earn is from Parmigiano Reggiano or. Parmesan cheese is just one of many european Agricultural Products the United States is targeting up to the World Trade Organization rules that the e. U. Had been illegally subsidizing aviation chide airbus other goods affected include french wine. And spanish almost. In madrid farmers have been taking to the streets to voice their opposition to the levy. But are not good to be trump wants to impose a 25 percent tariff we cant compete at that price in the traditional olive groves were going to ruin them. With trade tension between the United States and the European Union he sing up many farmers fear and all of branch alone wont be enough to end this to speeders. And now to some of the other Global Business stories making news the u. S. Federal Aviation Administration has been accused of failing to properly review the Safety System on the boeing 737 max an anti stall mechanism has been blamed for 2 deadly crashes and in a National Panel of safety regulators says the f. A. A. Had an adequate understanding of how the system works. The c. E. O. Of German Software manufacturer s. E. P. Bill mcdermott has once expectedly resigned germanys most valuable listed company has not given a reason for his departure after 9 years. Hes been replaced by a Board MembersJennifer Morgan and Tristan Klein with them to things. British billionaire inventor james dyson is the scrapping his electric car project and company dyson is best known for making vacuum cleaners its plans to branch out into the Auto Industry have been shelved with the car proving too expensive to produce. And toyota has unveiled a prototype of its new Hydrogen Power set then its hoping to revive the technology which has been all but eclipsed by the development of electric cars says the model has an improved range of around 900 kilometers. Now cheap flights and digital booking sides have made traveling easier around the world it seems though that often residents of the worlds most popular tourist destinations have to pay a heavy price for their citys popularity with noisy groups roving the streets of nights neighborhoods turning into little more than backdrops for se or apartments converted into holiday homes its a problem that the People Living in lisbon says storing a district know all too well. Its become a typical sound and typical sight in the lisbons old quarter tourists come in droves to stay in holiday flats here but what many tourists dont know is that lifelong residents here have been forced to move out to make way for them Margarita Lopez has lived in the fan the for over 60 years she has to go up a steep staircase to reach her apartment a few days ago she was told that shes been kicked out for for. I lived here my whole life. Whats happening is really getting to me ive always taken care of the house and all the old people who live here i feel like im in exile as if i were some bad person for. She pays only 145. 00 euros a month for the flat now the owner wants to renovate and rent it for 800. 00 euros the other floors have already been converted into holiday apartments. Its actually good that tourists want to come here but were being driven from our houses and i think its sad that hes. Gone carvers had to leave a year ago she takes us to the Little Grocery store she ran for decades. Hurts oh my memories are buried here they have always been vacation apartments here but now its like a thunderstorm they came and bought everything from under us for. The fun is a centuries old labyrinth of small houses a narrow alleys its lisbons oldest neighborhood lower income people have always lived here because rents were affordable but not anymore now the are found that is a hip Location Real Estate prices have gone through the roof 10000 holiday flats have been built here in recent years the government has finally reacted and passed a new law to better protect the original residence. This is we politicians mostly passed laws after somethings been happening a while and when the law takes effect the damage has already been done we dont have the ability to see into the future so that we can act before it happens. To a man with a gun carvers fought the city to have them provide her with a new Grocery Store she wants to live in work in the fall for hers staying in this neighborhood also means retaining her dignity. So as usual you can more on what side that steve. Or. Entire team. Hello and welcome to news from the world of arts and culture and coming up today a big day for the book with not one but 2 nobel prizes for literature awarded to polish writer all go to a car joke. And the austrian himes cut. Leipzig commemorates a major protest march that was a turning point which led to the fall of the berlin wall 30 years ago. But we begin with the 2 winners of the nobel prize for literature one for 2018 and 1. 00 for this year as well this is because it was an awarded last year due to a scandal within the rather secretive Nobel Prize Committee so the committee has promised to be more open in the future and also less eurocentric however both winners this year are from europe the polish. Joke for 2018 and this is one of the austrian author pay to handcuff. Born in 1042. 00 austrian writer pay to hunt has been a perennial favorite for the nobel prize the Swedish Academy with typical literary flora credit him with creating