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
Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look at the taxes being collected state and local site, so the Upside Surprise we have seen from the state and local Government Spending is also going to be softened moving forward. Put it all together, it is the consumers that are go
As fears of war between Hezbollah And Israel grow. Hezbollah launches a ballistic missile towards Tel Aviv Israel says its the first time the group has targeted the city. President zelensky in his address to the Un General Assembly says russia is Planning Attacks on ukraine nuclear plants. Recently i received yet another alarming report from our intelligence. Now putin does seem to be Planning Attacks on our nuclear power plants and their infrastructure. Polling stations have closed in Indian Administered Kashmir in the first elections to take place there in more than ten years. Now with all the latest sport, heres olly. Some significant Injury News for two of the biggest clubs in europe, Manchester City have confirmed that their Midfielder Rodri has suffered Ligament Damage in his right knee. The spaniard had to come off in the 21st minute of their draw with arsenal on sunday. He has been seeing a specialist in barcelona and the club say that he will continue to be assessed to ascerta
Football. Well start with football, and one of the games Greats Rafael Varane has announced his retirement at the age of 31. The french World Cup Winner injured his knee last month on his debut for newly promoted como in serie a, and its forced him call time on his career. He won the Fa Cup with Manchester United last season, but the defender will be most closely associated with Real Madrid before that, a 10 year spell the Spanish Giants that saw him win 18 trophies including three La Liga titles and four Champions Leagues. He was capped 93 times for his country, winning the World Cup in 2018 Manchester United start their Europa League Campaign later. They face dutch Side Fc Twente at old trafford. Its the club where the united manager erik ten hag made his name as a player and then cut his teeth as a coach under Steve Mclaren at the time. Ten hag says he still has a soft spot for his former side and would rather not be playing them but knows the competition offers a path to the Champi
Is perfomed by a team of vets in liverpool. And coming up on Bbc News, celtic get their Champions League Campaign off to a flying start with a Record Opening Win for brendan rodgers side. Good Afternoon And Welcome to the Bbc News at one. The bbc has today been contacted by more former harrods employees who say they were assaulted by Mohammed Al fayed when he owned the famous department store. It follows claims in a new Bbc Documentary by five women who say he raped them while they worked for him. The programme has uncovered evidence that, under mr Al Fayeds ownership, harrods not only failed to intervene but helped to cover up the allegations. Just to warn you, this report from Shaimaa Khalil contains descriptions of sexual violence. Yeah, i went back to harrods about a year ago. I knew if i could walk through and come out the other side, id be in a good place to be talking to you. Ijoined harrods because i wanted to be a buyer, and i ended up working for an absolute monster. When moh