late news, fox news at night. and we are continuing our live coverage of the apec conference again live in san francisco, including, as you see right there, the meeting between president biden and president xi. who came out on top, and did you see biden s rare news conference and his handling of the questions? we will have complete coverage of all that coming up moments away. but we have breaking news coming out of the nation s capitol. a pro palestinian protest at the democratic national committee head coaches got violent tonight. more than a hundred people got arrested and it forced a lockdown of the house office building with members of congress inside. let s get to chad pergram live for us on capitol hill with the latest on a protest that might be moving to another location. chad, what do we know? reporter: trace, good evening. this was a big pro palestinian protest at the democratic national committee tonight. about 300 people were there. police fired tear gas at the c
but is that now unravelling, and how much damage could it do to the global economy? amid growing hostilities, politicians, they ve been putting up more barriers to trade, in particular when it comes to the technology of the future. in may, the us slapped a range of new tariffs or import taxes on china, hitting products including electric vehicles, their batteries and solar panels. and the european union, it s announced new tariffs of up to 38% on chinese electric cars, which are set to come into force onjuly 4th. now, if talks fail to solve the differences, china, it s reportedly looking at tariffs on europe s farmers, including the pork industry, as well as french cognac and luxury cars. so, why is all of this happening? well, the world s two biggest economies want control of the technology of the future, and in the west, at least, politicians want to protect jobs in the hopes of winning votes. china heavily subsidised all of these products, pushing chinese companies to prod
we might learn more during the debate. where do biden and trump differ regarding their economic plans? trump differ regarding their economic plans? there s a lot of difference, economic plans? there s a lot of difference, the economic plans? there s a lot of difference, the next - of difference, the next president will set the course for the economy notjust for the next four years but potentially longer. some of the key differences we have looked at and modeled through over model is more on the supply side of the economy, so immigration for example, former president drum once stricter immigration policies which will lead to a tighter labor market in the us which means stronger nominal wage group which sounds good to the consumer and american worker but will also lead to higher inflation as well. also, working against the future inpatient if we have a second presidential term, our tariffs, they are inflationary and passed on to the american consumer and president drum lik
it s far from the first time an association of creative professionals. this time, it s the recording industry association of america accused ai companies of stealing their material and have sought to stop them in court. back in april, some 200 artists, including billie eilish and nicki minaj, signed a letter calling the use of ai in the music industry predatory and saying it should be stopped. staying with artificial intelligence, shares of nvidia fell by around 7% on wall street on monday. the chip firm has lost more than $500 billion in market value since last week when it briefly overtook microsoft as the world s most valuable company. nvidia has benefited from the booming demand for chips by train and run generative ai models like open ais chatgpt. european union regulators have accused apple of breaking rules designed to rein in big tech companies, the european commission which regulates competition in the year you said apple s app store squeezes out rival marketplaces a
it also tops the stock market value of france, those are some of the world s largest economies. deutsche bank research crunch to the data. nvidia has enjoyed a meteoric rise, adding a full $1 trillion in market cap injust about a month this spring. the firm has been capitalising on the fever around artificial intelligence. the chips made by the company are used to power the ai applications that are in use and in development now and companies are betting they ll be instrumental in the future. shares of nvidia are up around 170% this year. in other news now chinese car companies are called on the government to hit european union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from china. that is the country s state media according to the state millionaire. there. that amount was reportedly made a closed door meeting made at the chinese industry of commerce which was attended by representatives of european car firms. the measures would t