Avsnitt
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President Trump says tariffs on China “will not be anywhere near 145%” but won’t be removed all together. It follows US Treasury Secretary Scott Bessent saying he expected a ‘de escalation’ in US China tariffs.
The International Monetary Fund has revised its global growth forecast in the wake of Trump’s tariffs, with the US expected to be hit hardest.
And the boardgames industry is suffering the consequences of tariffs. A number of companies have launched a legal case against the Trump administration. Among them is Stonemaier Games, we speak to their President.
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The International Monetary Fund has slashed its outlook for global growth, adding that US tariffs and market uncertainty will lead to a significant worldwide slowdown. India and the US are making progress in negotiating a bilateral trade deal after a meeting between Prime Minister Narendra Modi and the US Vice President JD Vance in Delhi. And in the UK, an isolated island where Stormzy wrote an album is on sale – and expected to go for more than £25m ($33m). Andrew Peach hears from Simon Pelling, the director at Fine and Country, the agents who are selling the island.
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Stocks tumble on Wall Street as the week begins. The reason seems to be President Trump's desire to replace the chairman of the Federal Reserve, Jerome Powell.
The US Vice President JD Vance has met with India's prime minister Narendra Modi to discuss a trade deal.
And the United Nations says the cyberscam industry is expanding globally including to South America and Africa. We hear from International Justice Mission which has been campaigning to help the people forced to working at these scam centres.
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US Vice President JD Vance has arrived in the Indian capital, Delhi, where he is due to hold talks with Prime Minister Narendra Modi amid global trade tensions sparked by Washington's tariff policies. The talks are likely to focus on fast-tracking a much-awaited bilateral trade deal between the two countries. The spring meetings of the International Monetary Fund and the World Bank kick off in Washington today, with the state of the global economy front and centre. And we hear about Dubai’s new academy focusing on training creators who produce content for social media and how they can become influencers. Marc Ashdown speaks to Jeremy Jauncey, the founder of Beautiful Destinations, which is behind Dubai’s New Academy.
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Tension has grown between President Trump and head of the Federal Reserve. Jerome Powell has faced fierce criticism from Donald Trump, who's accused him of being too slow to cut interest rates.We speak to Chinese manufacturers about the impact of tariffs on their businessAnd a host of new Star Wars films and TV shows have been announced. Ryan Gosling, one of Hollywood’s biggest stars, will take the lead.
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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 and operated ships—part of a push to revive its domestic shipbuilding industry. China warns the move will disrupt supply chains and hurt global trade.
And we head to the European Alps, where a rare spring snowstorm has brought both chaos and celebration.
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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 President Xi Jinping is in Cambodia to forge closer ties.
We hear from the CEO of the Port of Long Beach on how tariffs are affecting what had been a record-breaking year for the United States' busiest port.
And Rahul Tandon finds out why a judge ruled that Google's wilfully engaged in a series of anticompetitive acts.
The latest business and finance news from around the world, on the BBC.
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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 the person you’re interviewing for a job not be real? Roger Hearing explores the growing threat of deepfake job applicants.
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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 hear about the latest developments in both Japan and Bangladesh's trade negotiations with the US.
The latest business and finance news from around the world, on the BBC.
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The World Trade Organisation says exports from North America will slump 12%. The WTO also said global trade output will decline 0.2% this yearFarmers 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 one farmer in the Indian administered KashmirAnd the remote Pacific island Tuvalu has unveiled its first cash machine
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Two years into a civil war, Sudan is home to the world's largest humanitarian crisis. The International Red Cross is urging all sides to stop attacks on civilian infrastructure.
Also, President Trump claims China has withdrawn from a contract with the American aircraft manufacturer, Boeing.
As Peru’s economy grows more slowly than expected, Sam Fenwick asks if it and other emerging economies could gain from a weaker dollar?
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Luxury goods company LVMH shares take a tumble as the company suffers a 3% decline in first quarter salesChina's president Xi Jinping is heading to Malaysia in an attempt by Beijing to portray itself as a stable trading partner in contrast to the USAnd Boeing shares have taken a dive - down over 3% on Wall Street, amid reports that President Trump's tariff policies could hit its future sales
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Meta, the tech giant behind Facebook, Instagram, and WhatsApp, faces a legal battle that could lead to its break-up. The landmark antitrust case kicked off in Washington today.
Also in the US, consumer sentiment has taken a sharp downturn and inflation expectations have surged. What will this mean for everyday shoppers? And why are kids toys like Barbie going to take a hit?
What does a Masters Championship win mean for the economy? Sam Fenwick speaks to a sports business expert about Rory McIlroy's grand slam win.
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Chinese leader Xi Jingping hits back at US tariffs as he starts his tour of East Asia, stating ‘The Trade war and tariff war will produce no winner’OPEC - the cartel of oil producing countries - has cut its forecast for growth in oil demand for 2025- in part because of US tariffsAnd entertainment giant Sony will charge more for its Playstation 5 gaming console in response to the threat of US tariffs
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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 after nearly ten years of negotiations. The UN's maritime agency (the IMO) brokered the accord, which requires ship owners to use less carbon-intensive fuels or face a penalty. Roger Hearing speaks to IMO's secretary general, Arsenio Dominguez about how it would work. And final campaign rallies are taking place in Gabon ahead of Saturday's presidential election. The transitional leader, Brice Oligui Nguema, is widely seen as the favourite.
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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? We hear from shoppers in New York
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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 and protectionism? Presenter Roger Hearing speaks to Mohamed El Erian, former IMF Deputy Director who is now President of Queens' College, Cambridge, and chief. Also, a general strike against public spending cuts in Argentina has severely disrupted transport systems in the country. All domestic flights have been cancelled; trains and metro services have been suspended in Buenos Aires and other parts of the country.
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The EU has paused retaliation tariffs against US. Spokesman for European Commission, Olof Gill, said the EU was ready to negotiatePresident 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
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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 Natasha Sarin, who advised Janet Yellen when she was Treasury Secretary.
Also, Graham Allison from Harvard Business School shares his analysis after recent meetings with President Xi Jinping in Beijing.
And, Karin Karlsbro, vice-chair of the European Parliament’s Committee on International Trade warns tensions between the EU and US are far from over.
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China retaliated to US tariffs with a 84% levy on American goodsHow 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 moreAnd Vietnam is facing a 46% tariff on its major exports to the US. Textiles is one of the country’s biggest exports. We hear from garment manufacturer Pham Quang Anh
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