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 Schools 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 6PM English United Kingdom Business

Other recent episodes

Trump suggests China tariffs will fall

President Trump says tariffs on China “will not be anywhere near 145%” but won’t be removed all together. It follows US Treasury Secretary Scott Bessent saying he expected a ‘de escalation’ in US China tariffs. The International Monetary Fund has revised its global growth forecast in the wake of Trump’s…
22 Apr 7PM 26 min

IMF downgrades global economic growth

The International Monetary Fund has slashed its outlook for global growth, adding that US tariffs and market uncertainty will lead to a significant worldwide slowdown. India and the US are making progress in negotiating a bilateral trade deal after a meeting between Prime Minister Narendra Modi and the US Vice…
22 Apr 11AM 28 min

Big falls on Wall Street as the week begins

Stocks tumble on Wall Street as the week begins. The reason seems to be President Trump's desire to replace the chairman of the Federal Reserve, Jerome Powell. The US Vice President JD Vance has met with India's prime minister Narendra Modi to discuss a trade deal. And the United Nations…
21 Apr 6PM 29 min

VP Vance is in Delhi to meet Modi amid tariff tensions

US Vice President JD Vance has arrived in the Indian capital, Delhi, where he is due to hold talks with Prime Minister Narendra Modi amid global trade tensions sparked by Washington's tariff policies. The talks are likely to focus on fast-tracking a much-awaited bilateral trade deal between the two countries…
21 Apr 11AM 28 min

Tension grows between President Trump and Jerome Powell

Tension has grown between President Trump and head of the Federal Reserve. Jerome Powell has faced fierce criticism from Donald Trump, who's accused him of being too slow to cut interest rates. We speak to Chinese manufacturers about the impact of tariffs on their business And a host of new…
18 Apr 6PM 26 min