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
Michigan. Thank you leadership of uaw six 651. And all leaders who are here this admin, this we got thousands are leaders who are here laborers april starting with the Governor Whitmer was amazing senator peters, representative slotkin, who we will elect to the United Johnson until the license days okay. We havent been this to do. We guys win business to do all right . 32 days and we know we will do it tight race until the very end. This is going to be a very tight race until the very end we are the underdog and we know we have some hard work ahead. But heres the thing about us. We like hard work we will win we will win is about two very different visions for our nation. One focused on the past and hours, which is focused on the future we are fighting for a future where we tap into the ambitions and the aspirations of the american people. And build what i call an Opportunity Economy. So every american has an opportunity to own a home, build wealth, start a business we have small Busine
Welcome to Bbc News. First of All of course we dont see Cross Border Fire from hezbollah and from the Israel Defense forces, so on the ground, any talk of a ceasefire seems very very remote. Let me ask you about your take on what is happening on the ground first of All. Is happening on the ground first of All. Well on Ground It is this exchange first of All. Well on Ground It is this exchange of first of All. Well on Ground It is this exchange of fire first of All. Well on Ground It | is this exchange of fire which will continue and sometimes intensifies, both sides think that they can get an advantage, israel particularly, in that it is claiming to knock out hezbollah positions, particularly Rocket Launching Site and Command And Control posts, it is striking into beirut at times, which is causing a lot of Collateral Damage but they seem to be targeting commanders, the intelligence is working well at the moment, as far as israel is concerned and the hezbollah leadership is concerned, t
Has been whipping up too, creating wild conditions. In birmingham, cars have been caught out. In selly oak, its been a busy time for the Emergency Services helping rescue drivers. Public transport has been doing its best to keep on running, but at birmingham new Street Station there have been delays and cancellations. The Environment Agency has this advice for anyone heading out. There will be a lot of water out on the roads and travel might be really difficult, so we need them to make sure they pay attention to any Emergency Services. And later in the day we are expecting further rainfall in areas through the midlands. Telford United Football club says its been deluged after a thunderstorm. Its appealing to fans to come and help dry out their flooded pitch. This nearby street shows any clean up is going to take some time. With Rain Falling onto already saturated ground, the warning is that there is more disruption ahead. And simon updated us from one of the worst affected areas. Im in
Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look at the taxes being collected state and local site, so the Upside Surprise we have seen from the state and local Government Spending is also going to be softened moving forward. Put it all together, it is the consumers that are go