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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20241009

The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the

Transcripts For BBCNEWS BBC News 20240706

hello, and welcome to the programme. a major meeting of ukraine s allies has ended without agreement on whether to send more tanks to kyiv. representatives of around 50 countries gathered at the us airbase in ramstein, in germany, to discuss co ordinating military support. germany s new defence minister denied blocking the export of its leopard tanks, which kyiv has been pushing for, saying such a decision had to be carefully considered. ukraine says the tanks are needed to break the deadlock in the war. germany is under pressure to allow its leopard ii tanks, to be exported to ukraine, which isn t a member of nato. germany s new defence minister has said no decision has been made, adding that berlin would not stand in the way of exports if its allies acted together. the uk has commited to sending 1a challenger ii tanks to the front line. russia has warned that providing tanks would mark an extremely dangerous escalation. here s our europe correspondentjessica parker. this

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