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Transcripts For BBCNEWS Business Today 20240928

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

Transcripts For BBCNEWS Business Today 20240912

Point six cut and i think it supports a 25 point cut next week. A ~ ,. Supports a 25 point cut next week. ~ ,. , , week. Markets have been volatile week. Markets have been volatile. Will week. Markets have been volatile. Will an week. Markets have been volatile. Will an interest | week. Markets have been i volatile. Will an interest rate cuts stabilise things? cuts stabilise things? since the beginning cuts stabilise things? since the beginning of cuts stabilise things? since the beginning of this cuts stabilise things? since the beginning of this year | cuts stabilise things? since the beginning of this year i | the beginning of this year i think what it will require is coming a financial market and it needs stabilisation in the us labour market and easing of policy and uncertainty around the us presidential election. Run sweet speaking with me a little earlier. Speaking of the us presidential debate, shares in trump media slumped on us markets. It runs the former president tr

Transcripts For BBCNEWS Business Today 20240912

Point cut and i think it supports a 25 point cut next week. Did you see any potential policy shifts at the debate? they had a lot of political rhetoric but not a lot of policy information. We already know were both candidates stand on addressing inflation. We ran a number of scenarios through our models to gauge what the inflationary implications are for each of the candidate policies ranging from trade, immigration, taxes and generally form a president trump would be more inflationary than vice president harris because of the tariffs which are inflationary. On top of that stricter immigration leads to tighter labour markets and stronger nominal wage growth in the united states which by extension would raise inflation a little bit. Not a lot of new information last night, just that the political focuses bringing inflation down but the policies the next few years say otherwise. Markets have been volatile. Will an interest rate cuts stabilise things? since the beginning of this year i |

Transcripts For BBCNEWS Newsday 20240912

The two candidates have both attended ceremonies to remember the victims of the september 11 attacks on america, exchanging a handshake for the second time, rather than the barbs they traded earlier. The trump campaign are playing down the likelihood of a further debate, and mr trump has attacked the abc channel, which hosted the debate, and its moderators, claiming they were biased. Let s get the latest from our north america editor sarah smith. At a september 11 memorial service, it was donald trump who orchestrated a cordial greeting this morning. Quite a contrast, though, kamala harris striding across the stage last night to demand a handshake from a reluctant mr trump. It was contentious and ill tempered with both candidates in attack mode. Stop tempered with both candidates in attack mode. in attack mode. Stop with the continuous in attack mode. Stop with the continuous learning in attack mode. Stop with the continuous learning about. In attack mode. Stop with the i continu

Transcripts For BBCNEWS BBC News 20240912

Donald trump says the tv debate was rigged against him, and he was asked this in the spin room afterwards. What did you think of the moderators what did you think of the moderators fact what did you think of the moderators fact checking what did you think of the moderators fact checking you throughout? i think the moderators were very unfair. Trump supporters described it as three against one because he was fact checked more than kamala harris. But he said much more that was not true. In springfield, they are eating the cats, they are eating the dogs. It prompted one of the more unlikely fact checks. There have been no credible reports of pets being harmed by the individuals. Well, i ve seen people on television. . . After sourcing that claim to people on television, trump also said this. Her vice presidential pick says abortion in the ninth month is absolutely fine. He also says execution after birth, execution, no longer abortion, because the baby is born, is ok. And that s not ok

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