EU pauses retaliation tariffs against US

Loading player...
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%. We hear from the Asia Development Bank.
And how are businesses and economies there coping as global trade routes shift and uncertainty grows? We speak to Dr Stavros Nicolaou, who sits on the executive committee of the Aspen pharmaceutical company in South Africa

Davina Gupta presents
10 Apr 11AM English United Kingdom Business

Other recent episodes

Xi concludes regional tour in Cambodia hailing "ironclad friendship

As President Xi concludes his tour of key East Asian exporting nations, Will Bain explores what deepening ties with Cambodia could mean for the region which also faces the threat of high US tariffs. Also on the programme, the United States unveils plans to impose new port fees on Chinese-built…
18 Apr 11AM 28 min

Global trade uncertainty 'is off the charts'

The head of the International Monetary Fund, Kristalina Georgieva, has warned that economic growth will suffer due to global trade uncertainty that is "off the charts" due to the growing US-China trade war. Meanwhile President Donald Trump says he's one-hundred per cent sure of a US-EU trade deal, and China's…
17 Apr 6PM 26 min

European Central Bank cuts rates warning of "exceptional uncertainty"

As the ECB cuts interest rates again, it would take a “wait and see” approach on whether planned tariffs trigger inflation across the Eurozone. With gold prices hitting a new record high — how do you actually go about buying the precious metal? And in the age of AI, could…
17 Apr 11AM 28 min

Warning issued over any US-China trade war

The World Trade Organisation's director general, Ngozi Okonjo- Iweala, has warned that a trade war between the World's two largest economies could affect all countries globally. Rahul Tandon speaks to a boat building business in Michigan who fear the US-China tariff war could force it to shut down. And we…
16 Apr 6PM 28 min

WTO says exports from North America will slump 12%

The World Trade Organisation says exports from North America will slump 12%. The WTO also said global trade output will decline 0.2% this year Farmers in India are worried the price of saffron is being driven up by porcupines guzzling down the bulbs and damaging the land. We speak to…
16 Apr 11AM 27 min