The banking system. The banking system. And as the bbc s and as the bbc s Michelle Fleury reports, it could face even more tense relations with the us depending on who wins the race for the White House. When the measures were first announced back in may, the White House said it was in response to chinas unfair Trade Practices and to protect us jobs. At the time the chinese said they opposed the hikes and would retaliate. Analysts said the tariffs, which include a 100 duty on electric vehicles made in china, well, that they are largely symbolic, especially since chinese evs are not currently sold in the united states. As well as a rise on ev tariffs, levies on solar cells will increase to 50 , while rates on Steel And Aluminium products will more than triple to 25 . Tariff hikes on other products, including semiconductor chips, are set to take into effect over the next two years. The increases, which impact a relatively small amount of us imports, come as Vice President Kamala Harris an
Hello. Im sally bundock. The United States says its involved in intensive diplomatic efforts to prevent a further escalation in the conflict between Israel And Hezbollah in lebanon. The national Security Spokesman John Kirby said the White House didnt believe the crisis could be solved by additional military operations. He was speaking after a second day of explosions across lebanon triggered in Walkie Talkies used by hezbollah. More than 32 People have been killed, thousands have been left injured. Israel hasnt confirmed it was behind the blasts. But the Defence Minister Yoav gallant said it was opening a new phase in its year long war, with the centre of gravity shifting to the North. Our reporter simonjones has more. A Simon Jones has more. A simonjones has more. Funeral in Southern Lebano is a funeral in Southern Lebanon is about to be interrupted. An explosion injuring a hezbollah soldier, causing panic and fear. In beirut, another blast caused by a walkie talkie. A new form of te
Whether to cut Interest Rates from five percent. Hello, im martine croxall. We begin with the latest in the Middle East, following two days of explosions in lebanon. The united states says its involved in intensive diplomatic efforts to prevent the conflict between Israel And Hezbollah escalating further. The comments come after explosions triggered in pagers and Walkie Talkies used by hezbollah killed at least 32 people and injured thousands. The leader of hezbollah, which some western states have designated a terrorist organisation, is expected to address the events in a speech later today. Israel hasnt confirmed it was behind the blasts, yet the Defence Minister Yoav gallant has said its opening a new phase in the war, with the centre of gravity shifting to the north. Our reporter simonjones has more. A funeral in Southern Lebanon is about to be interrupted. Explosion an explosion, injuring a hezbollah soldier, causing panic and fear. Screaming in beirut, another blast caused by a w
Change Interest Rates from five percent. The decision, expected at midday, comes after inflation, showing the rise in consumer prices, remained at 2. 2 Per Cent last month. The Central Bank in the united states lowered Interest Rates by half a Percentage Point Yesterday the first cut for more than four years. Lets speak to our Business Correspondent peter ruddick. What is the expectation with the Bank Of England . I knew you will ask me that. I am not a betting man but the one thing we can predict is it is going to be a close decision. The last time the nine Person Committee voted five to four, as close as you can get to cut Interest Rates last time to the 5 level they are now, a quarter of a Percentage Point change. Why will it be so although there is disagreement really among the committee and economic experts about how sticky, how stubborn Inflation Price rises are, there is agreement that the trend is Price Rises and the rate of inflation is coming down but relatively slowly, relat
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