World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
Global markets in flux as trade war between China and US escalates
The White House has insisted that President Trump’s tariffs will make the United States richer, despite the falling value of the US dollar. We hear from Tomas Philipson a former acting chairman of President Trump's Council of Economic Advisers. Also, a global deal to tackle shipping emissions has been agreed…
China US trade fight intensifies
The US -China trade fight has just intensified as China has upped tariffs on US imports to 125% We look at the US agriculture sector which accounts for over 20% of US exports to China and valued at $36 billion in 2022. And what does tariffs mean for consumer sentiment?…
Donald Trump recognises tariff 'transition difficulty' as US stock market falls again
President Donald Trump admits a period of difficult transition is inevitable as his trade policies continue to cause upheaval in international markets. And after the end of the Cold War, the world economy became integrated, and globalisation began, but is that at risk now because of the tariffs, trade war…
EU pauses retaliation tariffs against US
The EU has paused retaliation tariffs against US. Spokesman for European Commission, Olof Gill, said the EU was ready to negotiate President Trump has hiked tariffs on Chinese goods by 125%, and the WTO is warning that trade between the U.S. and China could plunge by as much as 80%…
China now faces 125% US tariffs in trade war
In a dramatic change of policy, US President Donald Trump hikes China tariffs to 125% on goods entering the United States. Most other countries will now see a 90-day pause on higher import taxes. We hear from Everett Eissenstat, an international economics adviser in the first Trump White House, and…
China retaliates to US tariffs
China retaliated to US tariffs with a 84% levy on American goods How has the US bond market been reacting to the news of Chinese tariffs? Russ Mould from investment firm AJ Bell joins us to tell us more And Vietnam is facing a 46% tariff on its major exports…
Will tariffs lead to a global recession?
A former chief economist at the World Bank believes that the USA's tariffs on its largest trading partners could lead to many countries being pushed into recession. Rahul Tandon speaks to a shrimp and seafood harvester based off the US Gulf Coast who feels President Trump’s policies is a positive…
China fights back
China says it will “fight to the end” amid fears of a tariff war with the US. Devina Gupta presents from Delhi and looks at the reaction to President Trump threatening fresh tariffs on China. Can China look to the EU instead? We talk to the European Commission to ask…
A rollercoaster ride for the markets
The US stock markets ended on a fall to complete a volatile day for economies around the World. President Donald Trump's tariffs have been felt in markets around the globe, with the Americas, Europe and Asia all shaken after a volatile day. Rahul Tandon speaks to an small business in…
Wild stock market swings
Stock markets are the world are hugely volatile after the imposition of US tariffs EU Trade Ministers have met in Luxembourg to discuss Trumps tariffs. Sam Fenwick speaks to Spain’s Finance Minister, Carlos Cuerpo. Asian markets led the way with big selloffs. We speak to Yeo Han-koo, South Korea's former…
Wall Street reels after Trump tariff shock wipes trillions off markets
Wall Street closes one of its wildest weeks in years, reeling from the impact of Donald Trump’s sweeping new tariffs on global imports. The S&P 500, Nasdaq Composite, and Dow all plunged. We assess the fallout with our US Business Correspondent Michelle Fleury in New York, and speak to Gene…
China retaliates with extra tariffs on US goods
Global stock markets have continued to plunge in response to President Trump's tariff announcement. This comes as China has announced retaliation tax of 34% against the United States for the tariffs imposed by President Donald Trump. However, India is taking a different approach to China, although it was hoping to…
Donald Trump defends tariffs on US imports
Donald Trump defends tariffs on US imports. This is despite Wall Street suffering its worst day since the early months of the Covid pandemic. The Dow Jones fell by nearly four percent. Pharmaceuticals have been excluded from the 20% tariffs on all EU exporters. Gareth Sheridan, the founder of Nutriband…
Global markets slide as Trump tariffs hit stocks
World leaders, businesses, and consumers have started to grapple with what tariffs announced by the US president Donald Trump really mean. Global markets are already reacting, with volatility in stocks, currency shifts, and businesses weighing the costs of these tariffs. China has angrily condemned Donald Trump's announcement of swingeing tariff…
Trump unveils broad new tariffs
US President Donald Trump has announced a sweeping set of new tariffs targeting countries that export products to the United States. The announcement includes a significant 34 percent tariff on imports from China and a 20 percent tariff on goods from the European Union. The White House stated that the…
Trump's tariffs "Liberation Day" arrives
Global leaders are warning of the negative impact across the world ahead of Donald Trump's sweeping new tariffs – expected to be announced later. The White House says President Trump wants to improve American competitiveness in what it's calling "liberation day". Analysts say US importers would be likely to pass…
What do we know about ‘Liberation Day’ tariffs?
What do we know about Donal Trumps ‘Liberation Day’ tariffs? On Wednesday Trump will announce the tariffs the US will impose on its trading partners Argentina’s poverty rate has fallen dramatically. Argentinien journalist Fermin Koop tells us more And Paul Mescal and Barry Keoghan have been confirmed as part of…
Vietnam seeks deal with US amid Trump's tariff threats
With President Donald Trump set to announce a wide range of new tariffs on Wednesday, Andrew Peach takes a closer look at Vietnam, where the government is not adopting a tough stance but is instead aiming to strike a deal. We also examine how the war in Ukraine has accelerated…
Businesses prepare for Trumps ‘Liberation Day’
Businesses prepare for Trumps ‘Liberation Day’ as the United States heads towards massive introduction of import taxes later this week Japan is one of the US’s biggest investors. How will they cope with tariffs? We hear from Stephen Nagy Professor at the International Christian University in Tokyo. We also hear…
Myanmar earthquake: assessing the humanitarian and economic toll
As Myanmar grapples with the aftermath of a devastating earthquake, the official death toll has now exceeded two thousand. Sam Fenwick examines the country's economy as rescue operations continue and preparations for rebuilding begin. The world watches closely as President Trump’s so-called "Liberation Day" on tariffs approaches. Plus South African…