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BBCNEWS Business Today August 28, 2024

Its a move that could exacerbate Trade Tensions between western countries and china. From october, canada will impose 100 tariffs on Electric Vehicles from china. This is on top of the most favoured nation tariff of 6. 1 already slapped on to chinese produced evs that are imported to canada. The government also intends to apply a 25 tariff on imports of steel and aluminium products from china. Canadas finance minister, chrystia freeland, said these measures were about protecting its domestic producers. The reality is china has an intentional, state directed policy of overcapacity and oversupply, designed designed to cripple our own industries. Talk to the steel sector, talk to the aluminium sector to understand how effective that has already been, and we simply will not allow that to happen to our ev sector. The auto tariffs bring canada in line with its southern neighbour. The ....

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BBCNEWS Business Today August 28, 2024

Lets start in the us where the facebook founder and Chief Executive of meta, Mark Zuckerberg, has criticised the Biden Administration for what he described as censorship during the covid 19 pandemic. In a letter written to a congressional committee, zuckerberg said that meta, which also owns instagram and whatsapp, was pressured into censoring content about covid, including humour and satire. He said he regretted not speaking about the pressure earlier and that he would not make the same decisions to comply if it happened again. Ritika gupta is in ny for us. Whys Mark Zuckerberg speaking out about this . There speaking out about this . Is a growing debate abou far there is a growing debate about how far a social Media Companies should go in being able to police comments, images and content by their users. Some platfo ....

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BBCNEWS Verified Live August 28, 2024

We start with Breaking News from The Middle East where israel says its forces have rescued a hostage from an Underground Tunnel in the Southern Gaza strip. This image of qaid Farhan Al Kadi a Bedoin Arab Has just been released of him recovering in hospital speaking to members of his family. An Israeli Government spokesman has described it as a complex rescue operation. Here you can see the 52 year old talking to Israeli Soldiers shortly after he was rescued. He was abducted ten months ago close to the israel gaza border. Farhan al kadi the eighth hostage rescued by Israeli Forces since the start of the war in gaza is in a stable condition in hospital, where he is undergoing examinations. And this is his Family Running ....

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BBCNEWS BBC News at Ten August 28, 2024

Good evening. Big asks are going to be made of the public in octobers budget, the Prime Minister said today, in a major speech in the number 10 garden. Sir keir starmer warned that his government had inherited a black hole in the public finances of 22 billion. He said those with the broadest shoulders should bear the heavier burden. The conservatives responded by saying his speech was an indication that labour had been planning tax rises all along. In a moment, well look ahead to what may be in the budget with our Business Editor simonjack, but first, our deputy Political Editor Vicki Young Reports on the Prime Ministers speech. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in o ....

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