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Transcripts For BBCNEWS Asia Business Report 20170104

Of harsh taxes on imports has been looming over american companies, especially carmakers. Donald trump has launched a series of attacks on twitter are making big us multinationals who import goods from abroad and sell them in america. In particular the President Elect has spoken out against Auto Companies manufacturing ca is against Auto Companies manufacturing cars a cross against Auto Companies manufacturing cars across the border. The north American Free trade deal allows vehicles to be sold duty free within the us, canada and mexico if they are at least 65 made in the block. Trump wants to rip up the agreement and Imposea Trump wants to rip up the agreement and impose a 35 border tax. In other news , shares of the japanese conglomerate toshiba are recovering by 2 after falling 5 earlier. That follows a report that japans Security Watchdog suspected the company of padding profits over the company of padding profits over the last three years by more than 400 million. A newspaper has

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