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
meanwhile, tributes have been paid to the five men who were on the sub including british businessman shahzada dawood. well, shahzada dawood was a supporter of the british asian trust. richard hawkes is the chief executive of the organisation and hejoins us now. i m sorry for your loss, richard, i m sorry foryour loss, richard, of course i m sorry for your loss, richard, of course it s a difficult time for friends and family of mr dawood. tell us more about him.- friends and family of mr dawood. tell us more about him. thank you very much tell us more about him. thank you very much for tell us more about him. thank you very much for your tell us more about him. thank you very much for your sympathy - tell us more about him. thank you very much for your sympathy and l very much for your sympathy and condolences. obviously all of us at the british asian trust are devastated by this terrible tragedy. shahzada dawood was an incredibly lovely man, i had the great pleasure of k
let s start with oil, because at the weekend, the secretary general of the organization of petroleum exporting countries, haitham al ghais, said he expects global oil demand to exceed pre pandemic levels this year. so what does this mean for the oil industry? joining me now is russ mould, investment director at aj bell. does this mean we are going to hit $100 per barrel again in 2023? , ., , hit $100 per barrel again in 2023? ., , ., hit $100 per barrel again in 2023? a, a a, 2023? gosh, that s a tricky question 2023? gosh, that s a tricky question for 2023? gosh, that s a tricky question for this 2023? gosh, that s a tricky question for this time - 2023? gosh, that s a tricky question for this time of i 2023? gosh, that s a tricky | question for this time of day. you can certainly construct a case where you can see oil going back up, perhaps not to the height of last year, but we have china reopening, the davos crowd and the imf seeming less worried about global econo
also in the programme. how the world cup may have given a much needed boost to the uk s economy. hello and welcome if you re watching in the uk, on pbs in the us or around the world russia says its forces have completed the capture of soledar , a salt mining town in eastern ukraine that s been the focus of intense fighting. these are the latest aerial shots of the town. as you can see, it has been completely flattened from the relentless pounding by russian forces. after six months of russian military setbacks it would be the first ukrainan town to be captured sincejuly. but ukraine s military denies that soledar has fallen and says that the fighting is still going on. the defence ministry in moscow said the capture of soledar would allow russian troops to cut off ukrainian forces in bakhmut, which they have been attacking for months. russia could also launch an assault on the key city of kramatorsk. here s our correspondent in kyiv james waterhouse on the significanc