Consumer Consumption News Today : Breaking News, Live Updates & Top Stories | Vimarsana

South of france and corsica fight huge forest fires banned by high temperatures and strong winds. Close to the Tourist Resort of saint tropez, nearly 2000 Fire Fighters have been put into action as dozens of homes are evacuated. And britains adam peaty has broken his own 50 metre breast stroke world record, in the heats of the World Swimming Championships in hungary. Good morning. Its tuesday the 25th ofjuly. Im ben brown. Welcome to bbc Newsroom Live. Builders could be banned from selling new houses as Leasehold Properties in england under proposals put forward by the government today. It com...

>> good morning. >> the president announced more tariffs are coming december 1. is this a done deal? what does it mean? >> president trump signaled additional tariffs, $300 billion on chinese goods, is going to hit husband hard. when it comes to consumer consumption, that's 75% of gdp. that's a huge economic engine. if people show up at walmart or target and see the sneakers are twice as much or dress and they can't afford it, it will have an impact on the economy and gdp. when you look at gdp, we've actually seen a slowdown in growth. in the second quarter gdp growth was 2.1% but that's down ...

Cowards and liars. shep? >> shepard: jonathan hunt live in san diego. now salmon. salmon meet science. the feds have now approved genetically modified salmon for consumption. delicious. it could show up in restaurants as early as late next year. we've heard about genetically modified plants, right? no animals till now. workers produced the salmon by injecting them with dna from other types of fishes. it apparently makes them grow much more quickly than other salmon and the rules say that people serving you the fish would not have to tell you anything about any of this. the fox business network...

Through. but if they do, that would be an enormous plus for the economy. so i'm quite optimistic about the future of the u.s. economy. i love the tax bills. i love the deregulation. i think all of that is working. we're getting the growth. we're getting tax revenues. all of that is nice. and i'm pretty hopeful. >> it's nice, but going back to the fact that president trump is the only person who can ruin this, and he's doing his best is the fact that we have a government shutdown on our hands, that it is taking away wages from over 200,000 americans, and as you know consumer consumption is what...

Yet. we're not at that 2% rate that the central bank wants to see. so that means that we could see low interest rates for a lot longer than most people anticipated. >> it's interesting, because the fed doesn't want to do anything with the interest rates right now because there is a bit of sort of a propping up and they don't want to pull out too fast or raise too quickly because, once that happens, the results may not be what they want. >> yeah. and then the big question is, what happens when everybody gets back to their desks in january, right? december has been an historically good month for...