Time again for Tariffs Washington takes trade sanctions with the e. U. Up a notch over a transatlantic over aviation subsidies. Also on the show beijing makes big promises in brussels equal treatment of chinese and Foreign Companies back home but will china walk the talk. Welcome to business im jenelle and in berlin good to have you with us President Donald Trump has lashed out at europe for subsidizing plane maker airbus saying thats made for unfair competition with the u. S. Is boeing now trump wants to settle the score by launching a new round of tariffs on european products bringing together a decades long dispute and much more recent Trade Tensions. Airbus isnt just an Aerospace Giant its
a paneuropean collaboration supported in part by Government Subsidies a fact the United States says gives airbus in unfair advantage one that President Trump wants to take action on via tweet he announced Eleven Billion dollars in new punitive tariffs on european products its a conflict that has
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wins the war. delivery numbers were great, revenues are at record highs, but gross margins are at the lowest they ve ever been. if the operating margin, which was climbing towards 20%, has dropped below 10%. and the reason why this is of concern is that in order to justify its market cap, tesla s earnings have to grow by bid multiple like 5 7 times. i wonder if tesla is hurting its long term prospects by trying to appease wall street short hitting the 2 million target.
to wall street now, where markets started the new year pretty much as they ended the last, with record highs. apple briefly became the first company to reach a market capitalisation of $3 trillion. and shares of tesla soared 13.5% after the electric car maker announced delivery numbers that were far better than analysts had expected. joining me now is janet mui, head of market analysis, indicate up 2%, hong kong not as strong, the price of oil creeping up as well. the nikkei up 2%. let s discuss the new year s boost with janet mui. happy new year. what a day for wall street and what a day for wall street and what a day for apple?
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