World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
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…
Myanmar Earthquake: How does aid get to where it’s needed?
Myanmar's military leader, Min Aung Hlaing, has made a rare request for international help after a powerful earthquake hit the centre of the country, flattening buildings and bridges. The US vice president, JD Vance, has accused Denmark of underinvesting in the security of Greenland and leaving it vulnerable. The Canadian…
UN reacts to Myanmar earthquake
Myanmar's military rulers have appealed for international help after a massive earthquakes Australians will head to the polls on May 3rd, after the prime minister Anthony Albanese called a federal election And America is seeking to import eggs from European countries as they're in short supply due to the aviation…
Canada defiant on Trump car tariffs
The Canadian prime minister, Mark Carney, has said the United States is no longer a reliable partner after President Donald Trump imposed 25% tariffs on car imports. Rahul Tandon speaks to businesses in both the US and Canada. China's biggest company, Tencent Holdings, has made more than a billion-dollar investment…
Trump announces tax on imported cars
President Trump has announced a 25% import tax on cars and car parts coming into US. The president said the measure would lead to "tremendous growth" for the industry. China has reportedly ordered state-owned firms to pause new deals with businesses linked to Hong Kong billionaire Li Ka-shing, following his…
Trump targets the auto industry in new tariffs
The US President Donald Trump has announced plans for long-promised tariffs on automotive imports shipped into the United States, and the tariffs will go into effect on 2nd April and will apply to finished cars and trucks that are shipped into the United States. Also, Maryland is marking one year…
UK announces extra $2.8 bn for defence
The UK announces an extra $2.8 billion to be spent on defence. The announcement was made as part of the UK Chancellors, Rachel Reeve’s, Spring Budget. At least twenty-four people have been killed in the deadliest forest fires in South Korea's history. Tens of thousands of people have been evacuated…
Ceasefire terms: Is Russia lying?
Ukraine's President Zelensky says Russia is "lying" about the terms of their Black Sea ceasefire. Russia, in turn, insists that certain sanctions on banks, insurers, and food exporters must be lifted before the ceasefire takes effect. Can reshoring work in Canada? Plus, why are consumers turning their backs on orange…
Ukraine and Russia agree Black Sea ceasefire
Ukraine and Russia have agreed to a ceasefire on the Black Sea. The White House says Russia and Ukraine have agreed a safe passage for commercial shipping Tesla’s sales in Europe fall despite upswing in electric vehicle market And a cryptocurrency company is planning to roll out mini-power plants to…
Trump vows tariffs on Venezuela oil buyers
President Trump said that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the US. He also said he may give some countries a tariff break. Why has a popular DNA testing firm filed for bankruptcy? Roger Hearing finds out how Chinese electric…
Turkish economy under pressure from anti-government protests
Anti-Government protests in Turkey have reached levels not seen in more than a decade. How will it affect Turkish economy? Will Russia reach a Black Sea deal? We head to China, where executives from 80 multinationals -- ranging from Apple and Blackstone to Pfizer and FedEx -- are gathered in…