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
Many roads are under water and nearly Two Million people are without power. Residents are being warned not to go outside. These pictures are from fort myers beach, where boats were sent to rescue those trapped in theirflooded homes. And this was the scene from the Pilots Seat flying in the eye of the storm. Two people have died in georgia while one person has been killed by a falling Road Sign in florida. Our North America Correspondent David Willis reports. Hurricane helene touched down on Floridas Gulf Coast bringing with it winds of around 130 miles an hour. Officials had warned of potentially catastrophic and unsurvivable coastal storms surges, in places the height of a two storey building. Lashing rain proceeded helene s arrival, flooding streets hello, im lauren taylor. In the next few minutes, were expecting to hear the results of the Scottish Conservative leadership race. One of these candidates one of these candidates will soon takeover from douglas will soon takeover from dou
A budget that will define the next Half Decade under labour begins to take shape with more investment in big projects, more borrowing, and perhaps less of a Tax Rise than expected. And devastating israeli strikes on beirut actively targeting hezbollah s leadership, as Benjamin Netanyahu dashes back from the Un And Tehran holds emergency meetings. Where will this escalation take the region and the world . Good evening. This is newsnight, home to Insight And Analysis from home and abroad. Well discuss the emerging situation in the Middle East a little later, matters could develop as we are on air. Breaking news is that they hezbollah it senior leadership is unreachable following the israel strikes on the Beirut Southern Suburbs on thursday. We will discuss that later. But first a domestic Mid Conference political and economic stock take with our top panel. Anushka asthana, Itv News deputy political editor, author of taken as red, an Insider Account of Labours Ascent to power, zing tseng,
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 a
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 and former president donald trump have 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. Meanwhile, the european union is also considering tariffs on china made electric vehicles and negotiations are ongoing. The bloc was meant to vote on the taxes earlier this week, but that has since been delayed. Us stock markets rose on thursday, with the s&p 500 closing at a record high for the third time this week. Shares of micron jumped by almost 15%. This comes after the chip company posted strong earnings and said it expected growth in the months ahead, led by the artificial intelligence boom. We are keeping an