Featuring a lead role like youve never seen before. Because of that im here for a marriage to the ends justify the means. To tins witnesses starts december 13th on d w going to. Argentina and brazil become the next targets of u. S. Tariffs donald trump has announced new duties on steel and aluminum to protect the National Industries but could they do more harm than good. Also on the program u. S. Companies appear more hesitant about making Big Investments in germany ill tell you why. And what to do with the trash of bangalore still 11000000 people one man is turning it into bio gas. Its time for business on the w m how you know i guess its good to have you with us u. S. President donald trump claims he wants to protect his National Steel and Aluminum Industries by imposing import tariffs again duties are already in place for chinese and european steel and aluminum argentina and brazil where accepted but that is about to change as announced by trump 1st as usual and twitter then later in person. Just as he was departing for the nato conference in europe u. S. President donald trump reaffirmed his intention to levy penalty tariffs on steel and aluminum from brazil and argentina that. Really. Got. By. And i guess that big break that down that break up a good area. That. U. S. Farmers are suffering because weaker currencies also make soybeans and maize from latin america much cheaper than their own products on Global Markets its unlikely however that brazil and argentina are deliberately devaluing their respective currencies both countries are mired in economic crisis and that usually drags a countrys currency down there both struggling with low growth high unemployment and capital flight brazils president share your ball scenario has always been a trump admirer he was quick to say hell be in touch with the white house. Hustings to finance minister paulo gladdest today about aluminum if its true ill call trump i have an open channel with him along with. If the u. S. Tariffs are imposed it can only add to the economic pressure further devaluing the 2 countries currencies. Right for more on the subject we are now joined by g. W. Financial correspondent hence called on wall street hi yes good evening to you now from says as we heard that hes defending his own Steel Companies but many experts have warned about the effect of such tariffs so has from strategy benefit at the u. S. Steel industry. Well if you look what happened in the past 2 and a half years since the terror of aluminum aluminum and steel kicked in actually the tariffs have not really worked that well what we saw here in the us for instance that we even saw some oversupply and then put a lot of pressure on steel prices for instance and those got really crashed in the past couple of months and since the tariffs kick didnt steel prices actually got pretty much in the hof and then also the whole trade conflict that were seeing around the globe we saw a slowdown or globally and that actually put a damper on demand and even in the steel and aluminum industry recently we even got some layoffs announced. Trump is clearly not afraid of tariffs or a trade war for that matter can we expect all this to continue without hurting the u. S. Economy. Well that might happen but if you look at the numbers for the month for september for example the u. S. Took a 7000000000. 00 through tariffs theres a new record so the 12 months prior the u. S. Got a good 70000000000. 00 was tariffs that sounds like a big number but if you look at the u. S. Budget in general revenue comes in that involved just 3 and a half trillion dollars if you compare those figures 70000000000 in comparison to 3 and a half trillion dollars those terrorists really dont. Matter that much and we just got new numbers here on monday on the Manufacturing Industry for a 4th consecutive months and there was a reading below 50 pointing at a recession at least in that area and that was also a reason why stock markets hold off quite a bit here on the 1st day of the week so overall terrorists have not really done the trick so far cause in new york thank you very much. Well and even if tariffs did not do the trick in the latest twist in tariff disputes with europe the u. S. Says it could slap additional duties of up to 100 percent nearly 2 and a half 1000000000 dollars worth of french imports they would affect imports of champagne had bags cheese and other products tariffs would be in reprisal for a new French Digital Services tax thats how its called in Companies LikeGoogle Facebook and amazon the u. S. Trade Representatives Office says that tax is quote inconsistent with prevailing principles of International Tax policy. Germany often advertises itself as an investment destination with the slogan germany works but it seems the country is not working for u. S. Companies that well anymore and you study by Financial Firm shows american firms are less willing to make bold investments in europes largest economy a safe haven for u. S. Investment not anymore apparently. Germany has always been one of the forced ports of call for u. S. Dollars but this new survey from k p n g suggests things are changing for less than a quarter of u. S. Companies plan to invest at least 10000000 euros in germany over the next 3 years thats down from a figure of 47 percent just 2 years ago. The u. S. Business sector in germany says this news does not come as a surprise. The signals have been out there for a few years by the way American Companies have been talking about the problems with Digital Infrastructure energy costs bureaucracy and interest in lee one of the positives they always mentioned was political stability and now we cant even really talk about that anymore so there certainly is work that needs to be done and theres too much at stake to not take these kind of surveys seriously. Its not all bad news for out of 5 u. S. Companies remain positive about their current Economic Situation in germany but the hurdles to investment from poor Digital Infrastructure to an overly complicated tax system will continue to raise questions for an economy already teetering on the brink of recession. Could a dark past be haunting former she fixed secular if. A court in greece has found 21 other former siemens employees guilty of bribery and Money Laundering in connection with greeces former Public Telecommunications company ot eat they were given jail terms raging between 6 and 15 years this the gator say workers paid large bribes to old c. E. O. Officials for the lucrative contracts to digitalize greeces Telephone Network 20 years ago. South African Airways has been holding quote intense discussions to try and secure funds for the carriers operational and structural turnaround the carrier hasnt turned a profit since 2011 and has been dependent on government bailouts to remain solvent last month a crippling strike took it to the brink of collapse the Public EnterprisesMinistry Says the state owned airline cannot continue in its present form and that it will need a quote radical restructuring to be sustainable the carrier reportedly made a loss of over 300000000 euros in the last financial year. To india now where the city of bangalore is famous for its i. T. Sector and its role as the center of the countrys Aerospace Industry but high tech hasnt reached the citys Waste Management yet its 11000000 citizens produce a lot of trash and too much of it remains on collected in Public Places an entrepreneur has now come up with a solution turning waste into fuel. In the heart of bungalow garbage is festering everywhere this neighborhood is drowning in it the population has grown rapidly the infrastructure hasnt kept pace entrepreneur so narayan has not enough hes teamed up with chemistry teacher padma shri bought him to encourage residents to separate their trash. He collects it is role material. We are producing as an end product that is about 90 to 94 percent of meat him which means its much better than natural gas it can displace any fossil fuel petrol or diesel so i den of the day were creating. A clean Clean Renewable Energy great. Potential for bio gases huge normally 5000. 00 tons of trash a day in landfills and salters its not only a waste of raw materials. Its the most unscientific waste our tax splays causes diseases the pollution creates again which is. A source creating. Some marion wants to see less garbage jenning up in landfills and more of it recycles it would certainly boost his business he already has several plants in operation. This one process is over 13 terms of food waste a day for mighty and Industrial Parks under screen 8 and 70 jobs. Our dream is to have. With. This business of. Creating more jobs. So much already expanded into 2 for the states and has plans for more with investors getting on board the ways to feel Business Model could be a viable way for cities to finally clean up their act. And thats all for this edition of business thank you very much for watching. Today. For the resistance it plays a central role for the demonstrators in hong kong. Artists immortalized the heroes and victims of the protests and their work which keeps the stack of the uprising alive but what price. And freedom in hong kong. Close up next on d w. India. Turning misery into. In trying to maintain devastating danley which destroyed the finest leaver villages. The survivors started creating dolls from damaged cloth giving up was never an option. A story of success. In 60 minutes on w. Bush and our feelings this is new ball speaking welcome to the show with a ding dong xoai and concerts with the mistress guests. Rocking sounds. Denning credible location. Welcome. Tonight. Its 3 weeks on c. W. But these time or there was some growth will come and that theres no one. For months hong kong citizens have been demonstrating more and more of a safer asli against chinas increasing restriction of their freedom. Was i. Was not out the