Aluminium products will more than tripled to 25 . Tariffs hiked one of the products including Semiconductor Chips are set to come into effect in the next two years. The Impact Effect a relatively small amount of us imports and, as Kamala Harris and Donald Trump have clashed over tariffs on the campaign trail. And come as Kamala Harris. Trump wants sweeping duties on all imports, while she says that would raise prices for american people. The Euro Ean prices for american people. The European Union is also considering tariffs on chinese electric vehicles. Negotiations are ongoing. The block was meant to vote on the tariffs this week but that has been delayed. We will bring you up to date as we hear anything. In other news, us Stock Markets Rose on thursday with the S P 500 closing at a record high for the third time this week. Sharesjumped by almost for the third time this week. Shares jumped by almost 15 for the third time this week. Sharesjumped by almost 15 in micron after they posted
A warm welcome to the programme. The White House says negotiations with israel over a ceasefire in Southern Lebanon are continuing despite the israeli Governments Rejection of international calls to end hostilities. The us, France And Other Allies have proposed a three week ceasefire. The israeli Prime Minister said the army would keep hitting hezbollah with Full Force until residents of Northern Israel could return to their homes. The french president whos also been heavily involved in negotiations said he would not tolerate Southern Lebanon becoming another gaza. Meanwhile on the ground, strikes have been ongoing in lebanon, with israel saying in the last few hours that its fighterjets have hit around 220 hezbollah targets in the last day. Theyve mainly been in the south, in the eastern Bekaa Valley and in the capital beirut. Around eighty missiles were fired the other way from lebanon into israel. Our first report is from the bbc s Anna Foster in beirut, who witnessed an israeli air
Earlier we saw the Australian Market opening lower. Business reporter Suranjana Tewari is across the story from oui newsroom. Oil prices expected to rise at the start of the asia trading day. Although a lot of this has been priced in. On friday, oil prices were at a six month high. Thats because investors really expected that iran would retaliate on that suspected Israeli Attack at the beginning of the month. Traders say any gains will depend on the scale of israels response. I think well see volatility, i think that will be on the framework. If there were to be some sort of counter move by israel i think that would rock it markets very much to the upside as far as crude oil in the us dollar as a safe haven. We see how this all plays with it but i do expect the markets to appreciate in value, itjust depends on how significant this response is going to be. Or is it can be any response from israel. Shipping that oil could also be affected. Around a fifth of the world consumption of oil g
Hong kong has started trading this morning and have opened lower this morning and have opened lower as this morning and have opened lower as well, as has australias market. Business reporter Suranjana Tewari is across the story from oui newsroom. Oil prices expected to rise at the start of the asia trading day. Although a lot of this has been priced in. On friday, oil prices were at a six month high. Thats because investors really expected that iran would retaliate on that suspected Israeli Attack at the beginning of the month. Traders say any gains will depend on the scale of israels response. I think well see volatility, i think that will be on the framework. If there were to be some sort of counter move by israel, i think that would Rocket Markets very much to the upside as far as crude oil and the us dollar as a safe haven. We see how this all plays with it, but i do expect the markets to appreciate in value, itjust depends on how significant this response is going to be. Or is it