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The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the ....
And in the uk, conservative mps prepare to eliminate another candidate from the party Leadership Contest. Hello, im annita mcveigh, and welcome to Bbc News now, three hours of fast moving news, interviews and reaction. We start with all the latest developments in the middle east, and more than 100 rockets have been fired by hezbollah into the northern israeli city of haifa. Ma ny were intercepted by israeli defences. By israeli defences. But some did get through. But some did get through. Israel says it fired back at israel says it fired back at the launch is used for the the launch is used for the beirut, israel says it has attack. Attack. The latest salvos came the latest salvos came after a separate announcement after a separate announcement by israel that it had by israel that it had expanded its Ground Invasion expanded its Ground Invasion into south west lebanon. Into south west lebanon. In Lebanons Capital in Lebanons Capital beirut, israel says it has killed the commander of he ....