Trump U-turn, China tariffs hit Christmas and...

*This podcast has been corrected to remove an erroneous reference to Israeli Prime Minister Benjamin Netanyahu as president Israel says Iran's security ​chief Ali Larijani has been killed. Rockets and drones were launched at the U.S. embassy in Baghdad as Iranian-backed militias ...  Show more

Calls by U.S. President Donald Trump for help to reopen the Strait of Hormuz appear to fall on deaf ears. Tehran's ambassador to Saudi Arabia tells Reuters that Iran's relations with Gulf states require a "serious review." Trump says a deal with Cuba is close but hints action is ...  Show more

Having implemented - then temporarily rescinded - tariffs on Canada and Mexico after both countries struck last-minute deals, Donald Trump now has his sights firmly focused on China. Following his announcement of a 10% tax on their imports to the US, China retaliated with thei ...

After months of promising to impose tariffs on U.S. trading partners, President Donald Trump has made good on his word. On Friday, he announced 10 percent tariffs on China and 25 percent tariffs on Canada and Mexico, though the latter has been delayed by a month. Today on the 538 ...  Show more

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 ...  Show more