President joe biden has increased tariffs on 18 billion worth of imports from china. Hes accused the country of unfairly subsidising its Clean Energy Sector and flooding International Markets with cheap goods. From new york, the bbc� s erin delmore reports. It is not often we find former President Trump and current present biden in agreement but President Biden is not only keeping tariffs enacted by Spread Assessor but increasing them. They focus on the key technologies that power the green transition and include a 100 tariff on all chinese made electric vehicles imported into the United States. That is up from 25 . And a doubling of the levy on solar cells to 50 and a doubling of the Levy On Semiconductors to 50 . President biden says they are designed to protect us manufacturers from being undercut by china in the industries of the future from ev to solar cells, semiconductors, steel and illuminance and even Health Equipment like gloves and masks. , equipment like gloves and masks. I, masks. China heavily subsidise these products masks. China heavily subsidise these products which masks. China heavily subsidise these products which china these products which china produces more of than the world can absorb and then dump the excess on the market. Driving other manufacturers around the world out of business. World out of business. China has criticised world out of business. China has criticised the world out of business. China has criticised the plans world out of business. China has criticised the plans and l has criticised the plans and vowed to take all necessary actions in response. But since the import targeted represent less than 5 of total us imports from china the move could carry more symbolic weight and could be a move to attract voters, november. The tariffs will have a wide impact on supply chains. Thats according to deborah elms. Shes the head of trade policy at the hinrich foundation. It is about the contested election coming up in november and the fact that there are key Battleground States that are active in manufacturing and the Biden Administration is not interested in losing those voters. So anything you can do to demonstrate that you are tough on china is important. China has been accused of overcapacity in its market in regards to electric vehicles and solar panels. Where can it sell those products now . The eumpeans sell those products now . The europeans are sell those products now . Tue europeans are extremely sell those products now . He europeans are extremely upset about this because it means, especially electric vehicles into the us, they need to sell them somewhere, europe is next most likely destination for those cars. There will also be sold presumably across this region in Southeast Asia as well where they will find a receptive audience because they are competitively priced and we have many countries looking for transition towards net zero and low carbon footprints. So i think there will be a lot of chinese cars in a lot of different markets now. Do these kind of measures different markets now. Do these kind of measures usually different markets now. Do these kind of measures usually work i kind of measures usually work was to mark today do what they are intended to do . Was to mark today do what they are intended to do . Depends on our are intended to do . Depends on your definition are intended to do . Depends on your definition of are intended to do . Depends on your definition of work. Are intended to do . Depends on your definition of work. At your definition of work. At when it comes to politics we will see november of out. In terms of economics you can have success in saving the last few jobs in a particular industry but a tremendous cost and there is definite cost to both sectors, tojobs is definite cost to both sectors, to jobs and to consumers which i think is extremely important as well. Youve just raised costs on clean energy products. What resnonse clean energy products. What resnonse do clean energy products. What response do you clean energy products. What response do you expect clean energy products. What| response do you expect from china . ,. ,. ,. , china . They will be vocal about it but the bottom china . They will be vocal about it but the bottom line china . They will be vocal about it but the bottom line for it but the bottom line for china is that the economic implications are modest so i think there will be a lot of complaining. There may be some retaliation especially across agricultural sectors where the us are seen as more vulnerable but it should be modest. China is preparing for a two day visit by russian president Vladimir Putin starting thursday. This will be putins second trip to the mainland in the last six months. According to the kremlin both leaders will discuss a variety of economic and humanitarian issues. Shares of alibaba tumbled in the United States after the E Commerce Giant reported an 86 plunge in profit. The companys net income fell to 450 million in the last three months of 2023 from 3 billion one year earlier. It has been hit by an economic slowdown in china and weak consumer demand. Meanwhile, singapore will see a Changing Of The Guard later today, when formerfinance minister Lawrence Wong is sworn in as the countrys new Prime Minister. Wong takes over the reins of powerfrom lee hsien loong, who has been in the top post for 20 years. Veteran economist song seng wun gave us a sense of the challenges ahead. This is where the challenge lies for the new Prime Minister in terms of early days, the last or 40 years food on the table, jobs for the kids, roof over their head. Todays children and young voters have different aspirations now and dealing with them is about them, their different ambition which includes cost of living, housing and livability, as well, even though all these things are creating better and well paying jobs. There is almost pressure. So balancing that will be the challenge. How it is being done, because china will still remain for singapore. Dealing with the aspiration will be the challenge but we will see how it goes. Challenge but we will see how it noes. ,. , challenge but we will see how it noes. ,. , challenge but we will see how it noes. ,. ,. , it goes. Head to our website for more it goes. Head to our website for more analysis it goes. Head to our website for more analysis on it goes. Head to our website for more analysis on that. For more analysis on that story. Indias media landscape has changed dramatically since 2014 when Prime Minister modis bjp swept to power. Theres been growing privatisation. Several National News channels once owned by independent Media Entrepreneurs are now controlled by billionaire tycoons. Our India Business correspondent Nikhil Inamdar has more on the impact. Brand modi is the only thing this election brand modi is the only thing this election is brand modi is the only thing this election is about brand modi is the only thing this election is about the. This election is about the prime this election is about the Prime Minister this election is about the Prime Minister has this election is about the Prime Minister has vanquished the opposition Prime Minister has vanquished the opposition. The opposition. Indias television the opposition. Indias Television New the opposition. Indias| Television New screens the opposition. Indias Television New screens night after Night Differential Sharing out flattering coverage of the Prime Minister. For Long Indian Tv was widely considered a lone independent voice. Last year it was snapped up in a Hostile Takeover by a billionaire tycoon. Journalists became part of a mice exodus as things began to change at the channel. ,. , ~. Things began to change at the channel. ,. , ~. ,. , channel. Look at the channel toda it channel. Look at the channel today it is channel. Look at the channel today it is far channel. Look at the channel today it is far more today it is far more sympathetic to the government, far more hostile to the opposition. There was a series of documentaries months after the takeover, and advertorial for the achievements of the victim government. The adani. Rou victim government. The adani grow denies victim government. The adani group denies these victim government. The adani| group denies these allegations saying that the television operates with editorial freedom, impartiality and the highest ethical standards. India has hundreds of tv news channels. The opposition runs many regional ones but at the National Level most are owned or controlled by ruling politicians or select is this barrons. A pre election analysis of prime time coverage of some of channels had startling findings. Half of them had anti opposition seems full stop over one quarter praise the Prime Minister and just i spoke of substantive issues like jobs and education. This perceived bias has a direct link to how these channels are funded. A big chunk of the money that many of these Television Channels are necessary government ads. Prime minister narendra motor� s government has spent over 700 million on print and Television Ads in theirfirst million on print and Television Ads in their first eight years in office. This woman tracks the media closely. Ads, in office. This woman tracks the media closely. The media closely. A large section of the media closely. A large section of media the media closely. A large section of media has the media closely. A large section of media has business interest. It is difficult to have a news channel the questions the government, any government they are working with they are in business with. The opposition says the media is no longer asking tough questions to the government. However a Government Advisor told us it was not the journals � s job. Told us it was not the journals sjob. Told us it was not the journals s job. All this newfangled journals s job. All this newfangled notion journals s job. All this Newfangled Notion Of. Journals s job. All this Newfangled Notion Of Holding Power to account, interrogating power, speaking truth to power, thatis power, speaking truth to power, that is language for activists. As moody six a third mandate critics say the Current Television land state gives them a distinct advantage is big money appears to have squeezed out many independent voices. As modi seeks a 3rd mandate to dig before we go, dating app bumble has apologised after being stung by critics, that said its advertisements shamed women who were not sexually active. The campaign included messages such as thou shalt not give up on dating and become a nun. Bumble said it will remove the adverts, which started appearing on billboards in the United States last month. The company said in a statement on social media that it had made a mistake. And thats it for this edition of business today. Thanks for watching. Hiiam hi i am betty with the catch up. Tonight the late prison huntin up. Tonight the late prison hunt in france, the co op arena and a Woman Smacking a crocodile. Ajudge has ruled the sentence of a man found guilty of killing three people in nottingham last year was not too lenient. He was a paranoid schizophrenic and is now being held in a secure Psychiatric Hospital after he pled guilty to the manslaughter of ian and two students injune last year. The case was referred to the court for appeal but the court agreed with the originaljudge that the sentence is appropriate. Some other stories now. You may have heard how manchesters Co Op Live Arena was forced to cancel gigs at the last minute last month after part of the ventilation fell from the ceiling. The boss has defended the delay saying it would have been catastrophic if the incident had happened 15 minutes later. In france, police are searching for an escaped prisoner after two officers were killed and three others severely injured in an ambush on a van. The un says almost 450,000 people have fled ravioli in the past week as israel continues its operation in the city fled rafah. Time for ten seconds of a woman who hit a crocodile. When george and lauries twin sister was bitten and dragged underwater by a Crocodile She lept into action and punched it repeatedly until it let go. Melissa is recovered and georgia has been included on the kings gallantry list. Hello and welcome to sportsday im marc edwards. Coming up on the Program Champions in waiting . Manchester city beat tottenham to put themselves on the verge of a Historic Premier League title. Tiger admits hes tired of the fallout between the pga and liv golf and calls on the two tours to find a way to work together. And the countdown is on in riyadh as tyson fury and Oleksandr Usyk arrive ahead of their undisputed heavyweight world title fight on saturday
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