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Transcripts For DW Business - News 20180718

A grand fanfare for an historic agreement. As the e. U. And japan signed the Worlds Largest ever trade deal in tokyo. To the signature of the u. Japans Economic Partnership agreement is a landmark moment for go with the if we used together you call them is that the cone for the third of the worlds g. D. P. And whom to oversee the summit with. The talks got off to a difficult start and took a full four years but as u. S. President donald trump ratcheted up the protectionist rhetoric over the last one and a half years the negotiators set about sealing the deal in double quick time. Money again they. Are apparently rising concerns about protectionism globally. Within this context i believe it is extremely meaningful that japan and the e. U. Are sending a message to the world i think about the importance of free and fair trade or more like the. Japanese automobiles currently face ten percent e. U. Import tariffs they will now be completely done away with for the europeans the Food Industry

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Detailed text transcripts for TV channel - DW - 20180718:05:08:00

u.s. soil be imports sell for response to trump s trade tightening policy. and china has been building the new silk road the so-called one belt one road project for five years now billions of euros are being invested in an infrastructure worldwide in order to expand trade routes for the boosting the economy in china the new silk road will also go through the french port city of ma say it s looking to raise its profile on international markets. this investor is hoping the new myth sixty eight transshipment center for fashion will become a permanent hub on the new silk road a sea route for goods from northern china that leads through the suez canal to mar say. this is a real opportunity to become a hub for trade with china will be offering a wide range of products here starting with fashion and then other goods for instance from the tech sector i think in the time when i think it was so far about

Detailed text transcripts for TV channel - DW - 20180718:05:11:00

think we need to stop peddling these horror stories i think the situation is similar to the post world war two cario. at that time american investment in europe was also knew that despite the current trade conflict the u.s. is still an important economic partner now it s china s time we need to work together with the chinese in other words he believes the prince need to follow china s lead if they do this transshipment center will not only be a major import hub it will also open the door to expanding exports to china and now plain manufacturing is really expected to take off american airplane make-a boeing says lines will need over six trillion dollars worth of a crossed over the next twenty years now that s enough to buy more than forty two thousand planes a closely monitored report came as the phone broke in the u.k. entered its second day and already demand is high.

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