World Business Report
Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.
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…
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…
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…
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…
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…
Sudan's civil war is devastating lives and its economy
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 Also, President Trump claims China has withdrawn from a contract with the American aircraft manufacturer, Boeing.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…
Luxury goods company LVMH shares take a tumble
Luxury goods company LVMH shares take a tumble as the company suffers a 3% decline in first quarter sales China'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 US And Boeing shares have taken…
Why is tech giant, Meta, in court?
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…
Xi Jingping hits back at US tariffs
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…
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…