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Transcripts For BBCNEWS Business Today 20240912

Listen to kamala harris. Done before, which is to provide a Tax Cut for billionaires and big corporations which will result in 5 Trillion to americas deficit. Donald trump talked up his economic legacy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has recently been speaking about increasing tariffs on international goods. Lets have a listen. We are doing tariffs on other countries. Other countries after 75 years will pay us back after 75 years will pay us back after all we have done for The World. The tariff will be substantial in some cases. I took in the billions and billions of dollars from china. In fact, then never took the tariff of because it was so much money. We have had a terrible economy because inflation, which ....

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Transcripts For BBCNEWS Business Today 20240911

How strict would trump be with china, what we saw eight years ago which was radical at the time with the tariffs is not just the baseline, and to what extent would harris continue biden s policies or go further with labour and environmental standards . You mentioned Supply Chain, how do they differ when it comes to that . The chain, how do they differ when it comes to that . It comes to that . The us is t in it comes to that . The us is trying to it comes to that . The us is trying to move it comes to that . The us is i trying to move manufacturing back to the United States. To move back to the United States. Trr move all Manufacturing Jobs back to the United States through tariffs. Kamala harris would look at allies and do some reassuring or french shoring, businesses here in asia, clients are looking at these scenarios its very difficult to understand where to put capital and exactly where to adjust your Supply Chains, one, the I ....

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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240910

By fears about a worsening us economy and all eyes will now turn towards Apples Headquarters in california in the next few hours of the most valuable company in the world will be launching its latest generation of ai ready iphones and optimism about the profits to be made from Artificial Intelligence have been driving us markets to record highs this year. Apple hopes its Ai Offering will persuade people around the world to upgrade their phones as Tech Analyst Paul Armstrong told us earlier. Its the big News Everyone is interested in. They have teased it in the last update they did. Apple intelligence is essentially the new Ai System that will be baked into every iphone. It draws on use personal contents, things like the photos on their E Mail and its obviously not without its Privacy Issues but apple is very good at that and its very good at saying how it protects consumers. So again this ai play could actually be very good. T ....

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Transcripts For BBCNEWS Business Today 20240909

And that is a source of disappointment but that said, it doesn t confirm fears of an imminent recession, does look like a slow down. I think the stock market particularly as gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you are expecting there? we are looking at 25 basis point cuts and also looking at the inflation which we have shown signals of and it is possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer muchneeded stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum ....

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Transcripts For BBCNEWS Business Today 20240909

I think the stock market particularly tech stocks have gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you re expecting there? we are looking at gradual 25 basis point looking at the inflation which has shown signals of disinflation. It s possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer muchneeded stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already, and i think it s looking at the forward trajectory and what
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