Pounds when the time is right with chinese president xi jinping employ tactical skills fight back with bob whats your exports. Whatever you do choose your strategy wisely thats a lot at stake. Welcome to made in germany. Global trade policy is indeed a game of strategy so i understand that its important to look at the different interests that all involved a pushing but either way they so different in the end everybody wants to sell their stuff to everyone else and while that is true its anything but simple lets have a look at the key players and the different strategies and what is right now looking increasingly lied to prelude to a trade war. The main protagonist in this drama is u. S. President donald trump hes leading the charge aggressive and unpredictable strategy is to exert so much pressure that the other players make concessions. He announced tariffs on steel and alimony imports and then suspended them for the e. U. And a few others. Has declared target is china which he accuses of Technology Theft and unfair trading practices trump intends to slap tariffs on sixty billion dollars of chinese imports a year its a risky bet for many reasons trump claims the us is being cheated by other countries in the realm of global trade his mantras are America First and make America Great again hes promised to revive manufacturing at home the u. S. Has a significant rust belt regions where the steel and Auto Industries among others collapsed in the face of foreign competition. And chinese president xi jinping is the key counterpart to the protagonists trump china wants to avert an all out trade war it wants to make money and enhance its Global Economic reach its presenting itself as a champion of free trade. It said it plans to impose duties on three billion dollars worth of imports from the u. S. Including pork apples wine and steel pipes. But its also indicated that it might consider targeting Major Players such as boeing apple and intel. China is the Worlds Largest producer of steel if exports to the u. S. Are hit with tariffs it will likely seek to boost sales elsewhere including europe. Its also possible that the u. S. Might threaten to impose tariffs on clothes and high tech goods from china or even do so. If china wants to play hardball and launch a large scale retaliation it consider might. The slowing its purchases of u. S. Treasuries it already holds more u. S. Debt than anyone else. Player is Cecilia Malmstrom the European Unions trade commissioner in tough talks with the Us Administration she got the tariffs on steel and alan minium suspended though only temporarily. Trump a set a deadline of may the first to finalize a deal on trade and wants concessions. The e. U. Is seeking to deescalate the crisis the last thing it wants is a trade war a lot is at stake especially for germany with its huge trade surpluses for example it sells a lot of cars in the United States. The European Union says the deadline of may the first for a deal is unrealistic thats when the suspended tariffs are set to go into force the fight with trump is not over yet and that is a fight against protectionism. Which actually means putting high tariffs on imports to make foreign products like chinese steel or german cars more expensive in the us even produces at home a better chance to compete in the end theyre the ones who create jobs and pay taxes there so whats so bad when politicians are trying to protect their countrys businesses what is protectionism. Protectionists want to shield their own country from foreign competition. So they establish barriers the domestic economy receives preferential treatment its being protected. Protectionists often subsidize Domestic Industries in the e. U. For example that could be meet or electric vehicles. Tariffs are imposed on products manufactured in Foreign Countries to curtail imports. That makes foreign products televisions for example more expensive and therefore less attractive to consumers at first it may seem to work domestic manufacturing gets a boost more workers are hired and foreign competitors that produce more cheaply are edged out by by free trade. But the products produced at home are more expensive and not always state of the art since there is no competition from abroad innovation begins to lag. Growth also starts to stagnate companies produce almost exclusively for the domestic market neighboring countries respond by instituting protectionist measures of their own and introduce import tariffs. And this is what happened after the one nine hundred twenty nine stock market crash in the u. S. Within just a few years global trade declined by two thirds. Once one Country Institute protectionist measures others follow in a kind of domino effect over time protectionist countries tend to develop selfsufficient economies well. Its carrots apples or bananas whatever doesnt grow at home is no longer sold goods become more scarce and growth suffers. And what about the protectionists theyre left with a mountain of debt subsidies are expensive. History has shown that a wave of protectionism is often followed by a financial crisis and even government default thats usually followed by renewed support for free trade. Well lets have a look at the current tariff situation according to the World Trade Organization the average tire of the u. S. Slaps on imports is three point five percent while the e. U. Charges five point two and the chinese nearly ten but for different categories of goods different rates apply for example when it comes to cars the us currently charges just two point five percent in duties while the e. U. Demands ten percent its a similar picture with food imports around eight percent in the u. S. But a whopping eighteen percent in the e. U. So it may be a bit shortsighted to blame donald trump for threatening tariffs while there is a clear imbalance in trade relations favoring the e. U. Or this trade dispute turns out one thing is its not good for business and it will hit some communities harder than others hamburgs port for example is a gateway to the world the city lives and breathes free trade authorities here believe the only answer to the ongoing threat of terrorist from washington is for the e. U. To take a united stand in support of free trade. Sailing into the port of hamburg because cargo ships are getting bigger and bigger the navigation chairman of the elba river has been continually deepened over the past decades. Hamburg depends on trade with countries all over the world and the threat of u. S. Tariffs and retaliatory measures from the e. U. Could throttle the value of its import export business. Even in half its like filling up your harbor with rocks to protect the economy from imports and then the other side does the same cant be on television policy that i know its a mistake to believe that protectionism is the answer to protectionism. But i think thats reacting to stupidity with stupidity and. It might not be a good idea to call your negotiations partner stupid especially if its the us president. So how should you deal with someone like donald trump. I put that to Ralph Brenner who teaches negotiating tactics to executives in hamburg. Ive never met trump so i dont know if hes like this but there is a type of negotiator who tries to push you into a corner he wants to see how you react he tests you and if you pass the test hell go on talking with you otherwise youve lost and if you start looking down on him youve already lost that means you have to prepare your negotiation strategy in such a way that you encounter him on an equal footing. Does that mean taking part in the exchange of threats and counter threats where would that lead. I have come to meet colin i mean start c. E. O. Of the Hamburg Chamber of commerce its premises reflect the proud tradition of the citys merchant class. Whats wrong here how do you think we should respond to trump. Europe needs to take a stand we have to say that we wont accept this kind of things if you get trump to take this seriously and listen to this trouble that is the same time we have to take care to keep the conversation going because we cant afford to get sucked into the spiral of protectionism from which well have trouble emerging. That would be the worst thing for the economy. For now hamburg and germany im not in the line of fire at the moment the us has china in its sights theyre trying to sell for the e. U. Has been exempted from the tariffs for now it seems only the chinese are going to be punished truly be happy about that. Then your own bear here. If we as europeans really have free traders out gold then we cant be happy that donald trump has taken aim quote just at china unquote and reactivated tariffs the United States that goes against the fundamental idea of the World Trade Organization and we europeans need to be very cautious particularly with regard to Donald Trumps behavior because the World Trade Organization provides protections for the weak against the power of the strong. East the shop we europeans need their protection because compared to the us and china were small. Without. Certainly small if we dont speak with one voice in economic terms however europe is indeed on a par with the u. S. And with china for trading hubs like hamburg the situation remains tense the exemption of the e. U. From u. S. Tariffs is only temporary and trump is unlikely to let the europeans off the hook without getting something in return. The free trade we experience and idealize today didnt fall from the sky wars have been fought over trade not with tariffs but with real armies with guns and swords people have actually died over trade disputes and history teaches us one thing free trade very often promotes peace. How did free trade develop. In the middle ages this was Standard Practice merchants paid tolls at bridges mountain passes and city gates when they moved goods from one principality to the next. In Northern Europe they founded the german hands you had a clique a new back in twelve eighty it was a Great International alliance a confederation of merchants from large cities that soon began to grow first hamburg then rostock in cologne cities much farther away soon set up panzer trading posts to buy the fourteenth century the league included almost two hundred cities. In one thousand thirty three the German CustomsUnion Created a large tariff free area over a century later the foundation for free trade in europe was laid the european coal and Steel Community was the forerunner of the European Union which today guarantees free trade among its Member States. The motive was not just economic the idea was to create a system of shared values after all increasing trade also plays a role in promoting peace. One important player in the ongoing tariff dispute is mexico german comic is like audi have been manufacturing there for decades offering young women young mexicans rather a solis professional perspective today we meet a mexican trainee as she prepares to enter the industry which has been an uproar since the u. S. Threatened to impose those high import tariffs on cars made in mexico. Todays lesson is focused on the bodywork every screw everyone or of a car needs to be in the right place eighteen year old gonzaga started training here seven months ago its the superior in a road that audi mexico has taken on new apprentices. When we were young and the first week was really exciting especially the first day to see where id be training and learning and then i saw the q five for the first time which we make here in mexico when he got. Here is one of eighty doing a three year apprenticeship its a two track Training System structured the same way as in germany eighteen months suspended out his Training Center the rest is hands on training in the production plant. Here is mainly interested in Automobile Electronics she wants to be a vehicle maker tronic technician. But i see over the beginning when i fell in love with cars as a child i think its really fascinating to know how a car even drives on with other parts Work Together and why each individual screw is important when we want them. The instructor takes the students to test the brakes. But yara isnt yet allowed to drive the test car his self. Doesnt know what is my universitys teach mostly theory. Thats not hands on enough for me here we work on the cars and learn a lot on the job but the practical training is what i need most if i want to get a job in a company. In the next its time for lunch like most train. Yeah learned about the audi course through social media the german car maker is keen to attract more women into engineering professions. In the can we. Look at. But i mean isnt the winner tomorrow its perfectly normal for me because ive always wanted this job easier and if i do take a job thats like counts going not that im a woman sure there are more men here than women. But i also feel as a woman that working here is a huge opportunity. And. The Training Center is only a short distance from the production line audi built the plant a few years ago to manufacture its q five s. U. V. This is room for a second plant here but it will only be built if the location remains attractive to the company. The city put the depends on the show industry this sector generates a third of its economic output. But theres been uproar this since u. S. President donald trump threatened to impose high import tariffs on cars made in mexico. But lewis spinoza of the Mexican Chamber of industry isnt too worried about the u. S. Stance. I think this is a lot of. The structure of the Auto Industry of the auto parts is very dependent on what we do here and what they consume there and what they do wherever its a its a nice set up there has been working for last years but what i see more dangerous is our elections a common july because we dont know if were going to get a president who understands this and doesnt come up with the same i. D. s as our neighbors and goes populists and says well enough theres more working thats supposed to work borgerson thats being nationalists that were. We like killing ourselves but you never know. Were more afraid of that then then of the neighbor. That would be a grim scenario for the trainees here as well. Yeah removed here from the north especially for the course. She shares a small apartment with another chinese. They dont have much free time so their families often come to visit. Their. Yaris parents a crowd a fair. Degree but i mean bare money going to come pleasant and we not only got it in the right now all i want to do is finish my training and then start working in the plant a little less in the long term id like a secure job leo for one id like to buy a house and a car with my wages and support my family especially my younger siblings of brick and ricky you. Kara gonzales is due to graduate in the little of it to me is she hopes mexico who still be making enough cause them for her to get a job. The current u. S. Administration complains about american firms losing out to unfair competition around the world at the same time the European Union argues that huge and often very profitable u. S. Internet companies are not paying their fair share of taxes in its Member States the European Commission has drafted new rules on taxation and as you can produce the video to set out the issue of a look. Taxes nobody likes to pay them but everybody does but if you two Companies Pay much less tax than traditional businesses under todays rooms a company can only be taxed on the profits it makes in the country if it is physically present that this is not fair to other businesses. Its time to change the rules. Time to change the rules the success of large Online Retailers like amazon has hit Small Businesses on the high street very hot in southern germany has now set up its own online marketplace with around fifty local retailers participating but is that enough to take on the internet giants. Special offers everywhere another Customer Insight a problem in shopping zones across germany even when its not so cold today its minus ten degrees celsius in the small bavarian town of gun spork you have to be pretty desperate to venture outside at all. Hes got a little yellow i need a ski helmet him. Right follow me ill show you what weve got. Planned to set off on my trip next week. And. Im already thinking a skiing holiday is bound to be expensive. For all i know its out j. B. I want to check how much the competition is charging. And for what does it cost here. Its on special offer of One Hundred Twenty Nine euros right now. So were not hundred twenty nine. Nineteen. Hundred six. If you want to check things out on the internet theres never any guarantee that youll get the right sides here youll find just the right size and youll even get advice thrown in for free as well. But if i order it online i can get it delivered and send it back if i want. Thats no problem here either just go to our website youll get the help and if you want to buy for thirty well even deliver it today were going to court. For six months the v. Of invincible does d. E websites fifty retailers has been offering foundations of articles. Mykola text set up the website is the skins books answer to amazon. Honestly no one stands a chance against amazon the website is really only there to give us an Online Presence and thats a pleasant our customers come from all over germany. Has come from the other hall from around the country. But can that whole drop in sales caused by sites like amazon in a bookshop which also offer School Supplies like satchels island another shopping trip. I wonder what happens if someone photographs a barcode on yeah this is. His nowadays youve got software which automatically shows the product on the internet. So you get customers who walk into a shop look for something then just take a picture of it if they like it its quite cheeky isnt it. Yeah yeah but thats just the way things are one retailer in the book said a woman tried on ten pairs of pants in his shop photographed the ones she wanted and then said shed order them online. Thats why Herman Hunter has been on line for years where he markets the hundreds of thousands of articles in his store room he says people are going into town less and that has repercussions. From the start of seventy percent of all sales are made on impulse so if i dont go to town to buy that coat i also dont have the chance to snap up a book or opinion. On the other hand custom is actually going into a shop a better informed than ever before thanks to the internet thats good for retailers people who come into this wine shop for specific wines try them and then get them delivered to their homes. I only sell italian wines but i still have eight hundred different types from every region north to south and the island. Reds whites rosies and bubbly here in relatively small i can offer you a selection youd normally only find in big cities. But thats only possible because i can buy the brick and Mortar Retail with Online Retail without the online operation behind me i could maintain such a wide range or offer such good prices. What does that cost nine euros eighty many thousand if i want to order it in berlin where i live what would i pay then. Absolutely no problem it be the same price you ordered on the d. E. C. And well ship it anywhere in germany for free. Ok paradoxically the otherwise disruptive internet for some conventional retailers at least a much better chance of survival. And that was made in germany. The first. The be. The be. Before. The be young lions. Thats what i asked calls a child soldiers but what will become of them after years in the ranks of the terror organization. Many have never known anything but in secret environments talking almost not valuable for. Bob. The child soldiers of islamic state. Says to me. By dortmunds like say the biggest favor team sleep got all the best goals weve got all the action the job is the home of job and but all share the experience of every man that. Does lead up the weekend here on g. W. Bay news i was mostly just missing the onset of. The cold so cold chain can suck the food is kind of cool so i bought the first. Place. People put big dreams on the big screen. Playing the movie magazine on the w. We make up about three watches of the on the budget we are the Civil Service or. The want to shape the conference future. Particularly enjoy american youngsters as they share their stories their dreams and their challenges. The seventy seven percent. Platform for her. Climate change is affecting us all. Rising sea levels and imagine what. Street sleep. Through entire communities feel. For her the good news is our own choices in energy conservation. Recycling. In transport can help the line find out what you can do today at redraw the lines not all. The white tie says the situation with north korea is moving in the right direction spokeswoman Sara Saunders made the comments after north korea and the kim jong un met with chinese president xi jinping in beijing Chinas Foreign Ministry said kim had pledged his commitment to denuclearize ation. British police say a russian expert. And his daughter. Home investigators find a high concentration of nerve agent