EU promises to defend itself from US tariff threat
The European trade commissioner says the EU will defend its interests in trade talks with the United States. President Trump has threatened the bloc with fifty percent tariffs.Boeing is to avoid prosecution in a deal with the US Justice Department over a number of crashes. The deal includes the company admitting to obstructing federal aviation officials and paying $1.1 billion in fines. Presenter Rahul Tandon examines these stories and also hears how the murder of George Floyd inspired US banks to invest in small black businesses.
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49:29
Trump stops Harvard from enrolling International students
Donald Trump blocks Harvard from enrolling International students to root out anti-Americanism and antisemitism on campus. Harvard has called the move unlawful. A Business body in the United States has been giving reaction to Donald Trump's " big beautiful" bill. It contains tax cuts as well as money for defence spending and funds for his deportation programme.Presenter Rahul Tandon also looks at the U.S. Federal Trade Commission decision to drop a case which attempted to block Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard. It has said the case against the long-closed deal was not in the public interest.
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US and South Africa trade talks turn tense
A trade talks meeting turned tense at the White House, when President Trump clashed with South Africa’s Cyril Ramaphosa over discredited claims of white genocide in South Africa. We hear from a key voice in the president Ramaphosa's advisory council.It's a big week for cryptocurrency - Bitcoin hit an all time high, the stablecoin legislation advance and President Trump get's ready to host his crypto dinner. And will the US Congress pass Trump's 'Big Beautiful Bill'?In Japan, we hear why the agriculture minister has stepped down after making a joke about rice.
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The US's largest political donor plans to cut back
Elon Musk, the US’s largest political donor, plans to cut back on political spending after giving more than $250m on Trump’s 2024 presidential campaign. What will that mean for his businesses like Tesla, X and SpaceX?In the EU, there are plans for a €2 fee on cheap parcels from China, hitting companies like Temu and Shein.Over in Canada, the recently re-elected Liberal government says it won't release a federal budget this year.
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How a secretive Taiwanese company is shaping the future of the global economy
The Taiwan Semiconductor Manufacturing Company, which makes advanced microchips, is helping to shape the future of the global economy. It is at the centre of a chip rivalry raging across the world – one of the key subplots of President Trumps trade war.The UK and the EU have reached a new deal setting out post-Brexit relations on areas including fishing rights, trade and defence. We hear from the Irish fishing community, a food exporter in the UK and what a "youth experience scheme" could mean for businesses in France.Andrew Peach is joined by two guests on opposite sides of the world: Jennifer Pak is in Shanghai and Peter Morici in Alexandria, Virginia.
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