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a possible reprieve on tariffs. united states presidentjoe biden says his administration could drop the trump era tariffs on china. that comment from mr biden comes against the backdrop of surging inflation in the us. in remarks at the white house on tuesday, mr biden also blamed the rising cost of living on pandemic disruptions and the war in ukraine. our north america business correspondent michelle fleury has more. the latest inflation reading is due out this wednesday, economists predict it will show rising prices remain entrenched, for americans filling up this tank this will come as no surprise, the average price of a gallon of petrol at an all time high, rising inflation notjust an economic challenge, also a political one. president popularity has taken a hit over this issue told americans felt their pain though he blamed the war in ukraine and the pandemic for soaring prices. i war in ukraine and the pandemic for soaring prices. for soaring prices. i want every ....
Do you get migraines . I do. We will talk about that later. We begin in the us and the Strike Action affecting the auto industry, because the us President Joe Biden is expected tojoin workers on the picket line in michigan later today. The industrial unrest has highlighted a clash between the president s support for unions and his push for clean energy as our north America Business correspondent Michelle Fleury explains. The fight between americas Biggest Car Companies and the uaw over pay and Better Benefits is playing out in a key Battleground State in the 2024 president ial elect ....
hello, if you havejustjoined us, you are very welcome. let s crack on with the top business stories. we start in san francisco where, as you have been hearing, president biden has hailed real progress following four hours of talks with china s president xi on the sidelines of the apec summit. they agreed to reopen communications between the military on both sides and work together to stem the flow of the opioid drug fentanyl into the us. but there was no concession from the us on lifting trade sanctions on china including the export ban on advanced computer chips which president xi had complained is harming china. the united states will continue to compete vigorously with the prc, but we ll manage that competition responsibly so it doesn t veer into conflict, or accidental conflict. and where it s possible, where our interests are.coincide, we re going to work together like we did on fentanyl. that s what the world expects of us. the rest of the world expect ....
And working on the move. We hear how the man behind regus serviced offices turned his quest to find a Flexible Workspace into a multi billion dollar empire. And if you struggle with recycling, youre not alone. The worst products to recycle have been named and shamed so we want to know what are your Recycling Frustrations . Get in touch use the hashtag bbc biz live. Send us your comments about that. My question is whether you can put envelopes in recycling if they have the plastic window . Hello and welcome to Business Live. For months, optimism about the Trump Presidency has been powering markets to record highs. But late on wednesday the trump bump turned into the trump slump as us stocks and the dollar suffered their worst day since before the election. It ....
May look on wall street later. And the challenge of keeping your kids entertained we will talk to a businesswoman who has crowd funded effo rts businesswoman who has crowd funded efforts to make a backpack with wi fi and gps. Hole in the wall, cashpoint or atm whatever you call it, it is celebrating its 50th birthday. Our eights days numbered . Butare birthday. Our eights days numbered . But are its days numbered . A very warm welcome to business life. If chinas premier warned the World Economic forum that fairness is essential or else people will feel left behind. After the usa, china is the worlds second largest economy, with a value of the 11 trillion. It accounts for almost 15 of what the world produces each year, but it is home to 19 of the worlds population, almost one in five and with the number of people increasing, so too are its cities, in size and number. A brand new eco city xiongan will house 2. 5 million people. It i ....