The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the
A typical temperatures to end the week, will be around 11 or 12 degrees. Over the weekend, temperatures will rise just a little, most of the rain is coming into Western Scotland and northern ireland. Much of england and wales, it should be a dry weekend. Some early mist and but otherwise some sunshine. China slaps new tariffs on brandy from the European Union are two of the worlds biggest Trade Blocs heading for full blown Trade War . More than a dozen Us States say that tiktok is dangerous and addictive for children. Welcome to business today. A row between two of the worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the European Union. It follows last Weeks Decision by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariffs of up to 39 to the chinese
And in the uk, conservative mps prepare to eliminate another candidate from the party Leadership Contest. Hello, im annita mcveigh, and welcome to Bbc News now, three hours of fast moving news, interviews and reaction. We start with all the latest developments in the middle east, and more than 100 rockets have been fired by hezbollah into the northern israeli city of haifa. Ma ny were intercepted by israeli defences. By israeli defences. But some did get through. But some did get through. Israel says it fired back at israel says it fired back at the launch is used for the the launch is used for the beirut, israel says it has attack. Attack. The latest salvos came the latest salvos came after a separate announcement after a separate announcement by israel that it had by israel that it had expanded its Ground Invasion expanded its Ground Invasion into south west lebanon. Into south west lebanon. In Lebanons Capital in Lebanons Capital beirut, israel says it has killed the commander of he
In the main city stepanakert, where food and medicine are running low, and power cuts are frequent. Live now to rayhan demytrie, who is our correspondent In The South Caucasus and central asia. A very good evening to you and george r. I think you can hear us, what is the very latest happening at the moment where you are . World, in Nagorno Karabakh, the focus is now on humanitarian crisis because we have people escaping from the azerbaijan so people are concentrated now in the basements, there is no electricity, some pictures have emerged on socialfrom journalists posting regularly about the situation in Nagorno Karabakh and it shows really overcrowded basements with no electricity and people sitting there in fear not really knowing what comes next. I really knowing what comes next. I want to ask while we have you, the Foreign Minister has been speaking at the United Nationsjust Foreign Minister has been speaking at the United Nations just in the last few moments. Saying azerbaijan wil
British high street chain wilko has collapsed, leaving the future Of Thousands Ofjobs in doubt. All of the 400 Stores Across the uk will close by early october, the gmb union has said. It means redundancies now look likely for all 12,500 staff at the family owned business. Peter ruddick is outside a wilko store in merseyside. Why has it been so difficult for them to come up with a deal . We heard one was in the offing, but that has fallen through. Essentially the man who rescued hmv has not been able to repeat the trick, it was not commercially viable to make the deal happen. He was in for around 300 stores we believed and that was reportedly taken it down to 200 and then 100 and that has not been possible and a lot of supplier and landlord trust has been burned during the process were welcome has been getting into trouble and it appears to be those suppliers wanted confirmation of their debts would be cleared that they would have the money they owed paid back to them in full. Before t