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Transcripts For BBCNEWS Business 20240703

presidentjoe biden has increased tariffs on $18 billion worth of imports from china. he s accused the country of unfairly subsidising its clean energy sector and flooding international markets with cheap goods. from new york, the bbc s erin delmore reports. it is not often we find former president trump and current present biden in agreement but president biden is not only keeping tariffs enacted by spread assessor but increasing them. they focus on the key technologies that power the green transition and include a 100% tariff on all chinese made electric vehicles imported into the united states. that is up from 25%. and a doubling of the levy on solar cells to 50% and a doubling of the levy on semiconductors to 50%. president biden says they are designed to protect us manufacturers from being undercut by china in the industries of the future from ev to solar cells, semiconductors, steel and illuminance and even health equipment like gloves and masks. . ., , equipment like gl

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Transcripts For BBCNEWS Business 20240703

they focus on the key technologies that power the green transition and include a 100% tariff on all chinese made electric vehicles imported into the united states. that is up from 25%. and a doubling of the levy on solar cells to 50% and a doubling of the levy on semiconductors to 50%. president biden says they are designed to protect us manufacturers from being undercut by china in the industries of the future from ev to solar cells, semiconductors, steel and illuminance and even health equipment like gloves and masks. china heavily subsidised these products which china produces more of than the world can absorb and then dump the excess on the market. driving other manufacturers around the world out of business. china has criticised the plans and vowed to take all necessary actions in response. but since the imports targeted represent less than 5% of total us imports from china the move could carry more symbolic weight and could be a move to attract voters, november. the tar

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Transcripts For BBCNEWS BBC 20240703

police have indicated they will be ready to clear that encampment at some point. thursday s classes have been cancelled as tensions remain high on the campus there in la. the chancellor of ucla announced an investigation after pro israeli demonstrators appeared to attack a pro palestinian encampment early wednesday. the chancellor says the investigation could lead to arrests and expulsions. live now to helena humphrey on campus at ucla. remind us what happened overnight? it is fairto it is fair to say the situation is becoming increasingly tense on campus, a minute before speaking to you we saw a considerable number of police officers come out here onto the campus and we did here a call from the encampment which you can hear and see over here, the call going out, calling on the protesters once again to disburse or face arrest. what you can also hear in the encampment as the sounds of hammering, we believe that inside the protesters have been trying to reinforce barricades wit

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Transcripts For BBCNEWS BBC 20240703

at columbia university and the city university of new york. dozens of protesters had occupied a building on columbia s campus before police went in to apprehend them. police didn t say how many were students, but new york city mayor eric adams said there s evidence students have been influenced and trained by people not affiliated with columbia university. those who broke into the building did include students, it was led by individuals who are not affiliated with the university. they needed that the school needed the nypd s assistant to clear the hall and encampments outside. globally, there is a movement to radicalise young people and i m not going to wait until it s done and all of a sudden acknowledge the existence of it. this is a global problem, young people are being influenced by those who are professionals add radicalise seeing our children and i m not going to allow that to happen as the mayor of the city of new york. since those protests started at columbia, severa

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