Big Boss Interview

Japan and South Korea face 25% US tariffs in August. Donald Trump also sent tariff letters to twelve other countries on Monday with details of the tariffs of up to 40% that they could face. We hear from the US Consumer Technology Association on what tariffs could mean for stores across America. Also, as the trading day starts in Tokyo and with elections on the horizon, we ask how Japan's governmen...

After hours of stalemate, Republicans in the US Senate have narrowly passed Donald Trump’s mega-bill on tax and spending, meaning the proposed legislation has cleared one of its key hurdles. Also, US President Donald Trump has suggested that Doge, the cost-cutting agency Elon Musk helped set up, could be used to hurt the billionaire's companies – as the former allies continue their public dispute...

Global supply chains are in trouble, driven by crises due to tariffs, geopolitical shocks and Middle East instability, according to the latest survey carried out by CIPS Pulse of the Chartered Institute of Procurement and Supply. Roger Hearing hears from Ben Farrell, CIPS CEO. Also, Italian luxury fashion brand Prada has said it acknowledges the Indian roots of its new footwear line, days after th...

Global markets, including the US, have been quietly calm, although there have been warning signs of looming risks and uncertainty after Donald Trump’s “liberation day” tariffs announcement. What’s behind such market “silence”? Roger Hearing hears from Gillian Tett, the chair of the Editorial Board of the Financial Times and the Provost of Kings College Cambridge, who has been writing about this. A...

A war with Iran has been harming Israel, not just in the physical effect of missile strikes but also the impact of the conflict and instability on Israel's economy. Roger Hearing hears about how the country’s economy is coping with this. Greenland's minister for business and mineral resources, Naaja Nathanielsen, tells us how she deals with threats of an invasion by US President Donald Trump. And...

The new German Chancellor Friedrich Merz is expected to meet with US President Donald Trump on Thursday to discuss tariffs and the war in Ukraine. A report by the US Congressional Budget Office in Washington found Wednesday that President Donald Trump’s tax bill adds $2.4 trillion to US debt. Also, Rahul Tandon looks at the impact that hackers are having on some of the world's best-known retailers...

The global steel industry prepares for impact as Donald Trump signs an order for a 50% tariff on steel and aluminium. He announced the move last week in front of a crowd of steel workers in Pennsylvania. In South Korea, the liberal candidate, Lee Jae-myung, has been confirmed as the clear winner of the presidential election. The tech billionaire, Elon Musk, has stepped up his criticism of Donald T...

It's election day in South Korea, where voters are choosing the country's next president after months of unprecedented political turmoil affecting the country’s economy. For South Koreans, today's vote offers an opportunity to restore stability and forge ahead. US President Donald Trump and Chinese President Xi Jinping are expected to hold a phone call to discuss tariffs and trade issues, accordin...

Nvidia, a huge success in the tech world, reported its latest quarterly earnings. The chipmaker, vying with Apple for the position of the world's richest company, beat expectations despite export controls. Elon Musk, , the billionaire and co-founder and CEO of Tesla, has criticised one of the signature policies of President Donald Trump, marking a break from the US president who he helped to win r...

The US President, Donald Trump's administration, has ordered its embassies abroad to pause new applications for student and exchange visitor visas as it prepares to expand social media vetting of foreign students. We hear from former US Education Secretary Arne Duncan – who was in office during Obama’s presidency. Japanese-owned steelmaker Nippon Steel is expected to close its “partnership” with U...

The United States President, Donald Trump, has agreed to drop his threat to impose 50% tariffs on European Union imports and extend a deadline to negotiate tariffs with the EU by more than a month. In Argentina, the government has announced that its easing currency reporting rules to deal with dollars kept under mattresses. The Argentine government aims to unleash some $271 billion stashed away in...

The credit rating agency Moody’s has stripped the United States of its triple-A credit rating, warning investors about rising levels of government debt and a widening budget deficit. The agency has shifted the US rating down one notch to AA1, while changing its outlook from negative to stable. Novo Nordisk, the company that makes the weight loss drugs Ozempic and Wegovy, is abruptly ousting its ch...

Walmart is preparing to raise prices in the US as soon as this month, as its own costs increase as a result of the new tariffs on imports imposed by President Donald Trump. And we will look at President Trump saying that India offered to drop all tariffs on US goods, something India swiftly denied. Total airline revenue is expected to top 1 trillion US dollars for the first time ever this year, ac...

Voters are going to the polls in Australia to choose their next government following a hard-fought campaign during which living costs, climate concerns and the impact of Donald Trump's trade tariffs have featured strongly. Shares of Rockstar's parent company, Take-Two Interactive, tumbled by as much as 8% on Friday morning after it announced that it has delayed the launch by a year – to May 26, 20...

On the programme we are looking at Donald Trump's first 100 days in power, during which he has talked a lot about tariffs, and there have been many changes to trade policies. Rahul Tandon looks at the key important economic events of the initial 100 days and the way they have upended global trade. Also, Mark Carney is celebrating his election victory in Canada, although Canadian broadcaster CBC pr...

Canadians are voting in a general election which has been dominated by Donald Trump's trade war and threats to annex the country. The leaders of the two main parties rejected a renewed assertion by Mr Trump on election day that Canada should become the fifty-first US state. Devina Gupta hears from the BBC’s economics editor Faisal Islam, who is in Ottawa, and Dan Kelly, president of the Canadian F...

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 a...

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 Dire...

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 mor...

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. And Rahul Tandon will discuss how Dua Lipa has won the dismissal of a lawsuit that accuse...

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 in a new spin-off company of the French gaming giant Ubisoft, which owns franchises...

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 since a cargo ship crashed into Baltimore's Francis Scott Key Bridge. The owner of the ship agreed to...

Ports in the United States are experiencing ‘record levels of activities’ due to the tariffs and businesses trying to stock up to avoid the threat of tariffs and trade war. Bitcoin makes it big in Washington as President Trump establishes an official government cryptocurrency reserve office after meeting with crypto business leaders in the White House. And also we hear about hundreds of female ten...

The US president, Donald Trump, moves to revoke the approval of New York City’s congestion pricing programs. We hear from one of the architects of the congestion charge policy in the city. Microsoft has unveiled a new quantum chip called Majorana One, which it says will help the company create computers able to solve meaningful industrial-scale problems in years, not decades. And Roger Hearing dis...

The US and Russia have outlined their intention to build relations far beyond a deal over Ukraine—extending to cooperation on other global issues and developing sizeable economic and investment links. Argentine President Javier Milei has denied promoting a newly launched cryptocurrency that collapsed shortly after he mentioned it in a social media post on Friday. And Ed Butler hears about a shocki...