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Detailed text transcripts for TV channel - DW - 20180707:03:07:00

to be unhappy to see a hike and prices for some of their electronic things like computers and phones and that is probably going to happen anyway. back to you we know that trump has repeatedly said that winning a trade war is easy he wants to force china to correct this misbehavior ask there was explaining it can we expect china to just simply give in to make this trade war stop. so far there s no sign that china is really going to back off and anytime soon we shouldn t forget also the domestic market in china becomes more and more important even if china depends more on exports than the united states does actually china is still trying to a certain degree to deescalate things they have not for example chinese consumers to boycott you as good something like that has happened before with other trade five china other asian countries that is not happening yet and also on the

Detailed text transcripts for TV channel - DW - 20180707:03:12:00

the port within the zone china has also invested billions in rail and road networks within the region the project is an important part of china s belt and road initiative its global infrastructure project that s also been dubbed the maritime silk road chinese companies in particular are likely to make use of the chance to manufacture and export product. government will be the free trade zones majority shareholder with three chinese companies owning the rest since ninety percent of djibouti is land is made up of desert raw materials are in short supply that s one reason for the country s high unemployment rate. the government hopes the free trade zone will create unities and help lift people out of poverty but. that s all for business you next time go by fox.

Detailed text transcripts for TV channel - DW - 20180707:03:04:00

and he doesn t is he took any of this of the united states is trying to get evangelists to pressure and threats if it doesn t work then we ll be in a dangerous spiral and there can only be losers the losers also include americans rural states supported trump could be especially hard hit many export agricultural goods to china but for now at least looking elsewhere to feed its population alright it s a very complex topic that i now want to discuss with our colleagues in the united states in washington we re now joined by our correspondent clear richard sunday dolly financial correspondent joining us from the new york stock exchange and yes i want to start with you let s start with the immediate consequences here what can we expect will happen to the u.s. economy. well i mean that really depends on what steps we might see further from you as president donald trump and i made it pretty clear that they re not going to be the first movers so for now we see the

Detailed text transcripts for TV channel - DW - 20180707:03:05:00

consequences on the agricultural sector for example here in the united states you have a couple of companies who are all dead already feeling the pain of higher terrorism but having that said so far we re talking about tariffs the amount of goods and the amount of thirty four billion dollars about the u.s. economy has the strings of a total of about nineteen trillion. dollars so so far. the u.s. economy can probably deal with those tariffs and then we shouldn t forget the u.s. economy overall tombs to be rather strong we had a very solid jobs report here on friday so far the damage is limited to certain areas let s talk about another type of damage with you clear china s tariffs actually hit some key for trump s base as we know what kind of support does he have for all of this considering how controversial his decisions tend to be. that s

Detailed text transcripts for TV channel - DW - 20180707:03:02:00

Detailed text transcripts for TV channel - DW - 20180707:03:02:00
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