China now faces 125% US tariffs in trade war

Sam Fenwick is joined by Emily Feng, International correspondent for NPR in Washington DC and Peter Landers, Asia Business and Finance Editor at Wall Street Journal in Singapore.China's president declared their will be no winners in the trade war as he tours Southeast Asia, aiming to strengthen ties with neighbouring nations. We hear how tariffs are shaping US consumer confidence and leading to potential drug shortages.Also in the programme, how do University Spin-Out Businesses boost the economy?

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 on Saturday, the UK is going to see an emergency recall of parliament when members had already departed for their Easter break, and they are recalled to discuss a law to take control of the Chinese-owned British Steel and save it from imminent closure.Throughout the programme, we’ll be joined by two guests on opposite sides of the world – Peter Ryan, ABC's senior business correspondent, who's in Sydney, and Takara Small, national technology columnist for the CBC, who's in Toronto.

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.Throughout the program, Roger will be joined by two guests on opposite sides of the world – Yoko Ishikura, a professor emeritus at Hitotsubashi University in Japan, and Tony Nash, CEO and founder of Complete Intelligence, an AI-based financial forecasting firm in Houston.

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. The pause means a "universal 10%" tariff will be in place for all countries, other than China, the White House said.Markets soared following the announcement with all three main US indices closing up more than 6%. Throughout the program, Rahul Tandon will be joined by two guests: Emily Peck, Axios US Markets correspondent in New York, and Han Lin, The Asia Group China Country Director in Shanghai.

As some of the World's largest economies get ready to face new tariffs, we find out what a battle on levy's could mean for the global economy.We hear from a Gulf Coast business feeling positive about the charges, and the predicament of a Californian retailer reliant on imports.Elsewhere Rahul Tandon speaks to a Malaysian economist and a garment manufacturer in Bangladesh to find out how the tariffs implemented by US President Donald Trump are being felt around the World.Global business news, with live guests and contributions from Asia and the USA.

We speak to experts in the world's two largest economies - the USA and China - about the impact of a tariff war, and whether stock markets around the globe will continue to fall as we saw on Monday. Rahul Tandon speaks to a footwear designer in California on how any international tariff battle will affect their business. And we find out about the housing crisis in Spain that led to hundreds of thousands of demonstrators take to streets across the country over the weekend. Global business news, with live guests and contributions from Asia and the USA.

Wall Street has just wrapped up one of its most volatile weeks in years, with investors rattled by Donald Trump’s sweeping new tariffs on global imports. The fallout? Trillions wiped from US stock markets—the S&P 500, Dow, and Nasdaq all plunging more than 5%, with tech stocks entering bear market territory.What does this mean for trade on the ground? Gene Seroka, head of the Port of Los Angeles—the busiest container port in the US—tells us how these tariffs could disrupt the flow of goods across the Pacific.As panic ripples through the markets, we ask: should people nearing retirement be worried? Maria Johannssen of AON breaks down the risks to global pension funds heavily invested in Wall Street.Also in the programme: TikTok gets yet another reprieve in the US. But who’s really in line to buy it? We look at the high-stakes politics and business deals shaping its future.And finally— our reporter gives us an insight into the thinking inside Microsoft, and the celebrations as it turns 50 years old.

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 inc. from Dublin tells us more And why have Japanese convenience stores caught the attention of North America. The BBC’s Ruth Alexander reports

President Donald Trump has announced comprehensive new import taxes on all goods entering the United States, marking a significant shift in global trade policy. The proposal establishes a minimum tariff rate of 10 percent on all imports. Rahul Tandon gathers reactions on the potential implications of these 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 the all-star line-up who will play members of the Beatles in four major new films about the band