EU and US release details of their tariff deal

单集文稿 ...

• 00:00

  This is Andrew Peach with World Business Report.

• 00:02

  Today, a 15% US tariff for European cars and pharmaceuticals is confirmed.

• 00:08

  We'll have the details in a moment.

• 00:10

  The benefits of a single market for goods and services between African countries.

• 00:15

  We trade more with the rest of the world than intra-Africa.

• 00:18

  So the idea of a free trade area creating a single market in Africa is to reverse all of that.

• 00:26

  and concern about forming romantic relationships with chatbots.

• 00:30

  These systems are built to maximise engagement.

• 00:34

  They keep users hooked into the conversation by being overly agreeable,

• 00:39

  by being flattering, by being reaffirming.

• 00:42

  Good to have you with us today.

• 00:43

  We're going to start the programme with the details of that tentative trade deal between the EU and the US,

• 00:48

  which have been firmed up in the last few hours.

• 00:51

  Here's the EU Trade Commissioner, Maros Sefcovic.

• 00:54

  15% all-inclusive tariff cap for the European Union.

• 01:00

  This is the most favourable trade deal the US has extended to any partner.

• 01:05

  A wide range of sectors, including strategic industries such as cars,

• 01:09

  pharmaceuticals, semiconductors and lumber, will benefit from this cap.

• 01:14

  Our North America business correspondent, Michelle Flurry, with me live from New York.

• 01:18

  So we've got quite a bit of detail actually set out about what the arrangements are going to be.

• 全部文稿