World Business Report
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 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.
14 Apr 2025 - 28 分 46 秒
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 because of US tariffs And entertainment giant Sony will charge more for its Playstation 5 gaming console in response to the threat of US tariffs
14 Apr 2025 - 27 分 11 秒
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 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.
11 Apr 2025 - 28 分 16 秒
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? We hear from shoppers in New York
11 Apr 2025 - 27 分 06 秒
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 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.
10 Apr 2025 - 28 分 40 秒
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%. 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 2025 - 26 分 43 秒
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 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.
9 Apr 2025 - 29 分 24 秒
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 to the US. Textiles is one of the country’s biggest exports. We hear from garment manufacturer Pham Quang Anh
9 Apr 2025 - 28 分 59 秒
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 for their sector. Elsewhere we hear from a Canadian auto worker and a fashion business owner in Indiana on what any US-China tariff war might mean for them. The latest business and finance news from around the world, on the BBC.
8 Apr 2025 - 29 分 14 秒
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 if trade relations between the two could now thaw. Plus, with a declining fertility rate, South Korea’s government is looking to increase immigration, despite it being a widely unpopular policy.
8 Apr 2025 - 28 分 10 秒