a lot of u.s. companies are dependent on importing these metals to make their products that means in the end u.s. consumers will wind up paying the increased import tariffs that prospect still doesn't allay fears that the dispute could still escalate. all right it's a very complex topic to analyze and here in studio i'm now joined by irwin collier from the john f. kennedy institute institute at the free university of berlin is very good to have you with us thank you for joining us this morning here as we are seeing this unfold right now let's just assume we will see these tariffs take effect tomorrow we will probably see some concern perhaps instability in the markets is this about the specific tariffs are now possibly being imposed or just the fear of this potential trade war unfold what we're seeing is a ratcheting up this was expected this is expected it's been priced into everything . on the other hand if and when it happens that these tariffs actually go into