A matter of hours after u. S. President donald trump slapped his biggest tariffs yet on china china fired straight back from beijing tariffs on sixty billion dollars worth of u. S. Goods casting doubt on any willingness to make a deal in the near future uncertainty is now growing as to whether the two economic superpowers will hold trade talks as expected later this month on look you saw groove on we keep stressing that the dialogue and consultation based on quality good faith and Mutual Respect is the only right way out of the trade dispute. But what the u. S. Is doing now shows no sincerity and goodwill for found out soon that chinas counter attack comes in response to washingtons move to slap two hundred billion dollars worth of tariffs on chinese goods overnight on monday those duties are set to come into effect on the twenty fourth of september starting at a rate of ten percent rising to twenty five percent at the end of the year and targeting mainly Consumer Products ahead of beijings retaliation President Trump appeared to think the move was enough to force china to the negotiating table so china is now paying those billions of dollars in tariffs and hopefully will be able to work something out with i think they want to make a deal they dont want to make a deal but i can tell you they want to make a deal. But from our standpoint it has to be fair it has to take care of our workers but both a condom iis could now be losing room to maneuver aside from tariffs already implemented or imminent trump is also threatened further punitive taxes on two hundred sixty seven billion dollars worth of goods in other words tariffs on almost every single product china sells to the United States. Definitely time now to check in with our new York Financial correspondent Dan Scotto Haiyan Cisco to see you again now we see most indices in the green yen so why is the market so calm and all of this. You know its not just the most amusing green but actually the s. And p. Five hundred and the Dow Jones Industrial average are almost at a record level and servia saw a very strong session here on wall street two one reason might be that the terrorists so far are considered to be moderate at least when you talk to investors over here is some experts fear that we might have even seen tariffs on those two hundred billion dollars in goods not of ten but twenty five percent by the u. S. President donald trump is probably well aware that the Holiday Season is coming and he doesnt want to hurt u. S. Consumers too much and then also we have the midterm elections coming up and then there is still a lot we do not know whats going to continue when we talk about the trade dispute but what investors do know is that the u. S. Economy so far looks pretty solid corporate profits are looking strong and then also u. S. Corporations are buying back their own stock at record levels and all of that support of the stock market at this point he and his folk about moderate measures so far no lets take a look at the other side because with china importing far less from the u. S. Than the other way around its ability to respond with tariffs on u. S. Products is limited we know that but what other options to china have. Well there are a couple of measures that china could take before one for example they could to devalue their own currency and there was that at least make up a little bit of the higher tariff so that prices of chinese goods wont get too high in the u. S. Then there is another possibility that china could block certain exports of some crucial components for the u. S. Industries so they could hinder the supply chain that could also block exports of some crucial Raw Materials even if that step doesnt seem to be too popular with the Chinese Government either and then finally china could also stop buying u. S. Treasuries china is the biggest foreign debtor of the United States sold that could also be an option but all of these measures i just mentioned also could backfire to a certain degree to the chinese to the chinese economy so its all yet to be seen thank you very much in new york for your analysis to Corporate News now and a man in trouble or at least so it seems tesla confirmed on tuesday that it is being investigated by the u. S. Justice department prosecutors opened a Fraud Investigation after c. E. O. Elon musk tweeted last month that he wanted to take tesla private and had funding secured for the deal that caused the stock price to jump but musk then backed off talk of going private normally taking a huge Company Private would be explained in detail before hand to regulators the carmaker is also facing an investigation by the securities and Exchange Commission and lawsuits from investors teslas value has fallen by almost a third since musks initial tweets. And as the countdown to britains exit from the e. U. Continues more and more sectors in and out of europe are preparing for a worst case no deal departure and that includes and histories that probably dont immediately come to mind take ireland for example which is considered an equestrian country horses and everything around them is a billion euro business there but eighty percent of irish thoroughbreds are sold in the u. K. Now the industry fears much of their business could be harmed by tariffs. Theres always room for a bit of glamour. Here at the leopardstown racecourse in dublin the horses are warming up. And the bookies are doing stellar business. Horseracing is deeply ingrained in irish culture and the industry is worth a lot of money. With an annual turnover of around one point eight billion euros its an important economic sector for the country but there are fears that breaks it could slow the industry from a gallop to a canter the worst Case Scenario is that barriers are put on horses are not allowed to move freely across the border as they are at the moment they have to be subject to veterinary checks or perhaps there is a tariff for a charge for horses to move into the country those twenty five thousand movements of horses every year between britain arent in france. Resources are often transported internationally by plane or ship. Traditionally there have been close links between the Horseracing Industries in ireland and in the united kingdom. The overwhelming number of horses that you would find running on the race meeting in england are actually are just bread or a bloodline so the import and export between art and in Great Britain is absolutely vital to the Huge Industry that it is and. Worldwide ireland ranks number three for thoroughbred horses. A full sired by this stallion called invincible spirit will set you back one hundred twenty thousand euros breeders around the world bring their mayors to ireland for an encounter. Breaks it is a huge risk for an irish star brad industry a because obviously where detached from mainland europe for a horse for example like invincible spirits a lot of the mayors will use the u. K. As a land bridge so if they have to take a lot longer to get to where they need to go to there becomes a risk and naturally breeders will decide not to travel and will decide to use the stallions at home. Every year brit spend two hundred fifty Million Euros on thoroughbreds from their irish neighbors no wonder then that when it comes to freedom of Movement Many irish are concerned about their horses as well as themselves. Its hard to imagine bangkok the thai capital without Street Vendors but the local authorities want to tidy up the street and are now shifting away Street Vendors to less attractive locations the vendors claim their livelihoods are being threatened well some say the plan could strip the city of its charm. Life has become harder for digital and its business has been struggling since bangkok city authorities banned Street Vendors from parts of the city areas that are high traffic and frequented by tourists now he only makes around fifteen dollars a day. Off the way my. Income is gone up and up why dont the authorities manage the areas like they did before. They should make sure that the streets arent messy but they shouldnt affect us. But like. Bandits authorities want to clean up the city they have moved more than twenty thousand Street Vendors from several locations since twenty sixteen and they have identified more locations where vendors will be evicted but there are plans to. Do more than just disrupt the livelihood of the citys Street Vendors critics say they are redefining landscape yes i agree that you need Good Management but then no i dont agree because i would like to keep bangkok as it is you know all bailable exotic good for them for the public so i didnt speak some middle ground i think guy how to manage the street playing out everything. Thats old and other Street Vendors want a plan that will allow them to stay and maintain their livelihoods. Thats all for business thanks for watching ill see you next Time Character by. State by. Colorful. Lively. The most traditional. Find it all at any time. Check in with a special. Take a tour of germany state by state. Dot com. Climate change. Waste. Pollution. Just so. Isnt it time for good news to go at africa people and projects that are changing the lines arent for the better its up to us to make a difference but for the. Magazine. W. A contentious figure at home. In germany. From the fall of the harlem. To german reunification. And the end of the cold. War in chaucers one of the great heroes of the Twentieth CenturyMikhail Gorbachev the last leader of the soviet union was an agent of change quickly met his downfall i have decided to resign my duties as president of the soviet union. He continues to fight for peace with the reminder you know we have to comprehend where he says taken us today there is a new arms race. The power of time gorbachev and the opportunity for peace wasted starts october third on d w