Steel and aluminium products are more than tripled to 25 . Tariff hikes and 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 and former President Donald Trump have clashed over Tariffs On the campaign trail. Mrtrump clashed over Tariffs On the campaign trail. Mr trump is calling for sweeping new duties on all imports while Ms Harris has said hiS Proposal would raise prices for the american people. Raise prices for the american eo le. ,. , raise prices for the american eole. , people. The European Union is also considering people. The European Union is also considering tariffS People. The European Union is also considering Tariffs On also considering Tariffs On china made electric vehicles and negotiations are ongoing. The block was meant to vote on the taxes earlier this week that has since been delayed. We will bring you any updates a
Facing another issue in the us, increasingly chilly relations with the republican party. Donald trump has accused Mr Zelensky for refusing to do a deal with moscow and has questioned why the us is giving billions of dollars of aid to ukraine. And also, the House Speaker and the us, mike johnson, has accused the ukrainian ambassador in washington of organising what he called a partisan Campaign Event to help the democrats. Lets talk through some of theseissues lets talk through some of these issues with a ratio lets have it, he was Deputy Director of the russia ukrainian programme. 8 Billion worth of aid and billions more on top of what america has really given. How much of a difference to think that is going to make to ukraine and to the Army Fighting Rush at the moment . Fighting rush at the moment . Russia. Fighting rush at the moment . russia. There is war is very high Intensity War and it costs a lot of money. The annual needs of ukraine to really be able to repel russian Invasio
Certainly be the better day of the weekend. Dry wIth some sunshine. Still a bIt disappointingly cool wIth more rain to come to close out september on sunday. Thanks, louise. And thats Bbc News at six. Now Its time to join our colleagues for the news where you are. Hello, and welcome to sportsday. Hello, and welcome to sportsday. Im olly foster, heres whats im olly foster, heres whats coming up for you on sportsday. Goal coming up for you on sportsday. Goal in 60 seconds rangers have made a in 60 seconds rangers have made a stunning start to the euro paris stunning start to the euro Paris Dust Europa League campaign. Dust Europa League campaign. BrIttania fight back in barcelona, BrIttania Fight back in barcelona, Its all level after the first day Its all level after the first day of racing in the Louis VuItton of racing in the Louis VuItton final. And brItish basketball final. And brItish basketball prepares for a new Era And Plenty prepares for a new Era And Plenty of new stars. Of ne
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