The banking system. The banking system. And as the bbc s and as the bbc s Michelle Fleury reports, it could face even more tense relations with the us depending on who wins the race for the White House. When the measures were first announced back in may, the White House said it was in response to chinas unfair Trade Practices and to protect us jobs. At the time the chinese said they opposed the hikes and would retaliate. Analysts said the tariffs, which include a 100 duty on electric vehicles made in china, well, that they are largely symbolic, especially since chinese evs are not currently sold in the united states. As well as a rise on ev tariffs, levies on solar cells will increase to 50 , while rates on Steel And Aluminium products will more than triple to 25 . Tariff hikes on other products, including semiconductor chips, are set to take into effect over the next two years. The increases, which impact a relatively small amount of us imports, come as Vice President Kamala Harris an
Trump to two president ial debates. In a video and social media, he poked fun at mr camps continuing Criminal Trial. Criminal trial. Lets have a listen. If those two Criminal Trial. Lets have a listen. If those two debates Criminal Trial. Lets have a listen. If those two debates to Criminal Trial. Lets have a listen. If those two debates to me Criminal Trial. Lets have a listen. If those two debates to me in Criminal Trial. Lets have a listen. I if those two debates to me in 2020. Now he is acting like wants to debate me again. Well, make my day, plan. I will even do it twice. Lets pick the dates, donald. I plan. I will even do it twice. Lets pick the dates, donald. Plan. I will even do it twice. Lets pick the dates, donald. I hear you are free on pick the dates, donald. I hear you are free on wednesdays. Pick the dates, donald. I hear you are free on wednesdays. It pick the dates, donald. I hear you are free on wednesdays. It is pick the dates, donald. I hear you are free on wednesday
Any news of prices falling increases the hopes from investors that the fed will start cutting the main interest rate, sooner rather than later. Joining me now is wei li, global chief Investment Strategist at blackrock. Thank you for being here. What impact is this having on the markets this morning . This is a welcome relief. We are seeing some information as expected. Part of the inflation is cooling down a little bit coming from very elevated levels earlier in the year. Also encouraging the core goods inflation it is actually negative which again is a welcome release and has been driven by mismatch unwinding. Iwas has been driven by mismatch unwinding. I wasjust has been driven by mismatch unwinding. I was just looking at Market Pricing for 2024, it was at 1. 6 and after this inflation went out for 2024 and just for context, at the beginning of the year Market Pricing had cut because of higher than expected inflation prices. With a more positive inflation than the stock market as wel