Isnt the end the u. S. Plans to raise existing tariffs on 250000000000. 00 in chinese exports from currently 25 to 30 percent and in december a further 15 percent on tariffs on chinese cell phones laptops and clothes that will mean that virtually every product made in china will be subject to tariffs in the u. S. Heres was u. S. President on the trump had to say about this latest escalation. We are talking to china and the meeting is still long as you think that there that they havent we havent well see what happens but we cant allow china to require self anymore because we cant go out there to take 500000000000. 00 a year out of our country we cant do that. Speaking earlier lets bring in our financial correspondent frank only bots only new tires neutral troubles how the markets reacted to this. In a surprisingly benign way here in europe the dax for example where im standing in germany is basically treading water on the Positive Side if you will going up some points the footsie in lon
Entering the conflict zone with tim sebastian. Ill be challenging those in power asking tough questions demanding. As conflicts intensify ill be meeting with kid players on the ground in a sense as a. Coaching through the rhetoric holding the powerful to account past the conflict zone. Conflict zone with Jim Sebastian thrun d. W. From china would love to be a opens its brand new deep sea port and wolf is back many are asking how dependent is this country now on goodwill from beijing which built and financed the poll. Also on the show are german and iranian scientists have found a clever new solution for cleaning up oil spills and pollution and see. The way to get around to on the city is the motorcycle taxi now that should be going electric because a ban is just around the corner. This is business africa on the. Welcome for many economies across the african continent infrastructure is one major stumbling block when it comes to driving up exports a deep seaport can come in quite handy t
Band doris green the moment arrives. Join during a taping on her journey back to freedom. In our interactive documentary. Tour of bring in 10 returns home on d w dot com coming in tangs. From china with maybe a opens its brand new deep sea port and wolf is back many are asked how dependent is the company now on the goodwill from beijing which will then finance the fall. Also on the show are german and iranian scientists have found a clever new solution for cleaning up oil spills and pollution i see. Thats the way to get a romp around the city is the motorcycle taxing now. Going electric because a band is just around the corner. This is business africa. As well come for many economies cross the african continent infrastructure is one major stumbling block when it comes to driving up exports a deep sea port can come in quite handy to do that in the south of the continent cape town and durban are the main ports dominating the market but the mini is now said to change that just a few weeks
International talk show its been a tumultuous week in german politics in europe resolved bitter divisions over migration the government it is said step into the abyss could friendly fire from President Trump defeat one of the Strongest Military alliances in history kano might get some to say on quadriga. Closure on. Further escalation in the us china trade war over the weekend has been followed by both governments doubling down at the start of the week but its consumers will likely pay the price. Also coming up things go from bad to worse in argentina as fears grow that a left wing anti austerity candidate complains next months president ial election. This is the w. Business im John Nelda Mullen in berlin welcome china has once again filed a complaint with the World Trade Organization against the United States its 3rd following further escalation in the trade war between the World Economy the Chinese Ministry of call. Said in a statement that washington that latest terrorist actions vi
Sara eisen is joining me once again. Hi there, sara. Good to see you, mandy. Triple digit rally for the dow be up with over 300 points at this hour. Still have a long way to go to make up for yesterdays losses. Bob pisani jones me here on the floor. Youve been looking at historical rebounds. Were due for a rebound, getting it right in line with a historical pattern. Let me show you the s p. We flat lined at the open, up 300 points on the dow, 37 points on the s p and we sort of have been right there throughout the day. A little bit of rise after europe closed once again. Saras right, once we had a correction, 3 down with the s p 500 two days in a row, that has been a rare occurrence. This only happened eight times since 1980, five in 2008 and each time, two sessions in a row, one day later, the s p has been up 75 of the time, averaging 2. 3 . Sara, guess what, were up 2. 2 on the s p. Thats today. Not bad. Its happening exactly in line with expectations. One week later, its up 86 . The