holds the delivery from china hong kong. this comes up and hong kong. this comes up china pledges retire true on the us tariffs on the us with companies like asti water and motel warning of the impacts. —— companies like estee lauder and mattel warning welcome to business today. the us postal service isjust announcing it will temporarily from kong suspend parcels from hong kong and until notice. and china untilfurther notice. it's unclear if this is tied to it's unclear ifthia is tied tc: trump's pledge it's unclear ifthis is tied td trump's pledge to reduce donald trump's pledge to reduce i as shipments too small value considered too small in value to have import tax. let's get the details with our business reporter. us more reporter. tell us more about this and why they are done this and why they have done this now? ,, , ., , r, now? steve, the statements on their website _

now? steve, the statements on their website did _ now? steve, the statements on their website did not _ now? steve, the statements on their website did not explain . are this. the why they are doing this. the bbc has contacted the us postal but we yet to service but we have yet to receive their response. what we service but we have yet to ren know heir response. what we service but we have yet to ren know he this sponse. what we service but we have yet to ren know he this is onse. what we service but we have yet to ren know he this is only. what we do know is this is only. parcels, so letters 7 -— notvbe affected. also grill flfiftmeffcttcs mm of sending goods rules of sending goods although at hundred us dollars have at hundred d5. dollars have ~ ~ . . recently. previously changed recently. previously companies could them companies could ship them without paying duties and without paflg any duties and using a customs another provision has form. another provision has been closed. not only will chinese companies pay ehiriese serpeariies have ta eats ~ . tariffs, it will also more tariffs, it will also take longerfor them to fill more tariffs, it will also take longer for them to fill out a form, w rérafw'hic'h' " 7 form, which course to cost. they will add to their cost. they would have to use different brokers manage customs brokers to manage the”. we a a ,, a u and customs brokers to manage the”. we a e ,, a u and so customs brokers to manaoe the”. as c c ,, c c. and so on. customs brokers to manage the”. as c c ,, c c. and so on. the price wee e=§ an we ene; an item that consumers in united states are bu in the united states are buying china could easily double from china could easily double according to some this according to some experts. this could affect companies shin and to me which like shin and to me which have

been very �*among young been very popular among young consumers in us —— temu. consumers in the us —— temu. thank you for getting us up to speed on that. comes after speed on that. it comes after china announced on us goods. i in the firing line and tariffs are coming into effect on monday. to speak to him. our guest as? didn't to be pressured into making a deal canada and mexico. from mexico and canada through a series of phone calls to stall or postpone any tariffs.

to have a conversation. how will the trump administration likely measures and expected to discuss this over the phone and reach some kind of conclusion, power battle for supremacy both in trade and if it is to be resolved, my guess is it will be visiting beijing sometime in the next few months.

the us energy sector is in the firing line. additional tariffs on american crude oil, an energy expert says it will not deal too much of a blow to in the �*term. i think we need to look both at the near term and longer term impact. in the near term, in terms of crude oil, thermal coal, it is a negligible amount of volume and will not have a big impact. metallurgical coal, slightly bigger. 20% of us exports come into china and that accounts perhaps the biggest input is in lng. china only buys about 6% of us lng and that is only a few percent of the global trade but the difference here is this is we have a lot we have seen signs of chinese buyers who have to pay these tariffs nominating down on their contracts, creating

but longer term, we are less likely states. state is watching the tensions between the and china with between the us and china with expert saying they could frométhe j frométhe stand—off. fromvthe stand—off. for benefit from the stand—off. for how and why the bbc is reported how and whyi the busisrepsrted me live from mm

g media and establishment the media and establishment that from 7 7 7” from this s from this entire stands to gain from this entire trade war if it does end up escalating because what will ha ppen escalating because what will happen is in the essentially happen is in the next we will to next quarters we will look to try and fill that by try and fill that vacuum by tending more shipments to the because an increasing trade �* between i �* between the 7 �* between the us as standzsff between’ths’ u�*s'as "’ " would make indian well as china would make indian more well as china would make indien more competitive and this goods more competitive and this will also help india increase exports to the us its exports to the us and the exists both which exists between both countries because for a long countriesobecause for a long america has been time7america has not been about fact darticular happy about the fact . is exporting more to it is exporting more to india thanit it is exporting more to india than it is that than it is importing. that be one way of partially could be one way of'partialtg”"' " the could be one way of’pertially”"' " the going could be one way of’pertially”"' " to the going could be one way of’pertially”"' " to donald going could be one way of’pertially”"' " to donald trump's oing as president, we saw term as president, we saw american diversify american businesses diversify �* supply lines from china ' 153i! £29058" " " ” look beyond i at = 7 77 77li7k77e7i7n7di7a7 77 77 7 77 77li7k77e7i7n7di7a7for 77 7 77 77li7k77e7i7n7di7a7fora7 7 77 77li7k77e7 ram; a7long india tried 7 india tried to 77 time india has tried to position �*as a time india has tried to position �* as a viable position itself as a viable to put some ,, ,t° , , 77 7to you, 7 77 7to you, the time figures to you, the last time

around we saw the trade around when we saw the trade stand—off between the us and , ,, indian exports to the us from around $51 billion in went from around $51 billion in to $76 billion of the 2020—21 to $76 billion of the following a lot of following year. a lot of experts are drawing parallels, experts are drawingwparallels. from the export many from the export that could organisations that could benefit chemicals, or order having said and electronics; hesins eeio' """"**"" and electronics; basins said 7 " " ' " a note of caution, all this, a note of caution, have a vote �*the they have a vote of the possible whenever we possible tariffs whenever we know what will happen in don't know what will happen in the coming weeks. that uncertainty still remained and ’u nic’cha�*i no; stiltre main’ed’a nci reports that the range of those reports that the range of motie heads to the us earns about that be more clarity about that will be more clarity on what happens in the coming weeks. we will watch closely for that, thank _ weeks. we will watch closely for that, thank you _ weeks. we will watch closely for that, thank you very - it is now up to 7000. says it is concerned

about a possible trade war. they want their menu to increase prices avoid the incrggse prices to avoid the between washington and mexico mexico agreed to deploy 10,000 soldiers and illegal migration. a revenue that missed analysts' expectation. it also decided to its was about the use of a prince was about the use of a drops uses that either drops uses that are likely cause harm. this likely to cause harm. this means it could used in means it could be used in correspondent gave us weaponry. correspondent gave us take on the latest earnings

his take on the latest earninos— ~ ~ ~ ~ ,., , there were two seeing in meta. supporting that. say it was a better result. cloud slow down more than expected. microsoft is well. debate. usjudge has said she us judge has said she would hold the nonprofit for the 77 7 7 idifiéfiéa chatgpt chatg pt after chatgpt after elon musk an brought about an injunction. elon musk is accusing the chief

executive sam altman of executivevsam altman of its public develo p7 develop7artificial to develop artificial intelligence for the benefit of so he could cash in humanity. so he could cash in on the a trial on thetechnology. a trial next year, open ar could begin nest year; seen” ~ ~ reportedly middle could begin ne34t year; open” ~ ~ reportedly middle of is reportedly in the middle of discussions to raise $40 in funding headed softbank. 77 musk�*steam by softbank. elon musk�*s team has granted has been granted read—only access to the codes. . 7t° . pa rt part of a �* about it's part of a review about conducting with the aim to maximise integrity. maximise payment integrity. the are treasury conducting team are treasury conducting the review for doge is being as- ly by text executive tom 7 who7like elon musk is krause who like elon musk is �*a krause who like elon musk is �* a treasury that's it this edition of business today, you for business today, thank you for watching.

hey, it's lucy, with the catch up. but first tonight, police say around ten people have been killed in a shooting at a community college in central sweden. officers believe the gunman is among the dead and that

motive for the attack yet. here in the uk, tributes are flowing for 15—year—old he was stabbed to death at a school in sheffield yesterday. lad. of his murder. the bbc went undercover to investigate a beauty consultant who has been offering potentially dangerous cosmetic procedures. one of them was rushed to hospital with sepsis. my legs did not move properly. and happy 25th birthday to the sims. in luck.

and prancer was all about making that happen.

bowing out from tennis — and former world number one, simona halep announces her retirement. all roads in the nfl leads to new 0rlea ns didn't secure any players. let's start with the news that former tennis world number one a first—round defeat at the wta tournament in her home country of romania.

lucia bronzetti.