facing a flood of cheap chinese cars, europe s expected to raise tariffs on electric vehicles today. apple investors push its value up to record highs following its foray into the world of ai. we ll look ahead to the uk s latest economic data as april s gdp data is released. will it spur a bank of england rate cut? plus, supplies are squeezed for the makers of orange juice with prices going up due to extreme weather and disease. welcome to business today. we start in europe, where china is accused of drawing upon surplus capacity to dump electric vehicles at artificially low prices into the european market. policymakers in europe and the united states claim hefty state subsidies in china allow ev manufacturers to produce cars at prices that are impossible to compete with. in the us the biden administration raised its tariff on imports of chinese battery powered cars from 25% to 100%. later today, the european commission is expected to provisionally raise duties on ev s import
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denticola thinks kennedy can bring americans together and isn t worried about him taking votes from biden or trump a person like bobby kennedy who is really a messenger of unity, a message for all people i think that s why he s going to actually pull a lot of voters from both sides that s back on deal s farm. i shared desire for unity to address a deeply divided country. if we don t make some changes and find somebody who has creative solutions and somebody we can trust who wants to bring us together? we re gonna be on a world of hurt even rfk junior seemed to be pulling more votes away from biden or trump based on who you spoke to anderson kennedy s coalition of voters, they ve really span the political spectrum polling data does indicate the largest contingent could actually be those who didn t support either candidate in 2020. a lot of his support comes from the so-called double-haters. those holding unfavorable views of both biden and trump anderson, even mechan thanks
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