While President Trump has praised his tariffs again, the US economy has shrunk for the first time in three years. Meanwhile, China's factories take a big blow amid the ongoing trade war. Rahul Tandon speaks to small businesses owners feeling the pinch. Plus, with elections looming in Australia this weekend, we take a closer look at the soaring cost of housing—and what it could mean for voters.
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26:26
US GDP shrinks for the first time in three years
The US economy contracts during President Trump's first three months in office. GDP fell by 0.3%... Mr Trump blames former President Biden.
Meanwhile China blames US tariffs for falls in its manufacturing figures... but there are more positive numbers in Europe.
Also, Andrew Peach hears from the UN Assistant Secretary General about Afghanistan's economy under Taliban rule.
And we'll hear why a fall in demand for diamonds is very damaging for Botswana.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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Trump’s first 100 days in office
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 projects his party will fall just short of the 172 parliamentary seats needed for a majority.
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26:29
President Trump’s first 100 days - "Strategic uncertainty"?
Roger Hearing looks at the economic impact of the first 100 days of the second Trump Presidency, as the US Treasury Secretary Scott Bessent says the changing of policy around tariffs creates "strategic uncertainty" . We also hear from Mexicans deported from the US under the president's push on immigration.
Meanwhile Mark Carney's Liberal Party wins the Canadian election. But what can Mr Carney do to deal with the tariff threat? We'll hear from one of Canada's leading industrialists.
Plus the European court of Justice rules that Malta's 'Golden visa' scheme is illegal.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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Canadians are voting in an election dominated by the global trade war
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 Federation of Independent Businesses.
And the Spanish prime minister, Pedro Sanchez, has urged people not to speculate over the cause of a massive power cut that's affected millions of people across Spain and Portugal.
UK