Trump threatens a "massive" increase in tariffs on Chinese goods
President Trump is threatening to cancel his meeting with Xi Jinping and, in a post on Truth Social, warned of “strange things happening in China.” He says Beijing is planning sweeping export controls on rare earths — and the U.S. is now calculating a massive tariff hike.U.S. businesses trading with China are watching closely —and soybean farmers especially so. We speak to their trade body and ask their reaction.Plus, cocoa prices have taken a tumble to their lowest level in nearly two years, after a wild rally that squeezed chocolate makers and boosted farmer incomes. So what’s behind the drop, and what does it mean for growers on the ground?And Pokémon cards have become a serious business. Since they first came out in 1996, the value of certain rare cards has skyrocketed — we’re talking up to 4,000% over the past two decades. So what’s behind the boom?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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US steps up to save the Argentine Peso
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei.
In the US though, it's a different story – farmers, especially soybean farmers, have lost ground to Argentina in global markets, especially in China, due to its trade war with the US.
And Pokémon cards are hitting record highs, as some of them have seen values rise by 4000%, according to Card Ladder, which tracks values.
Presenter: Sarah Rogers
Producer: Ahmed Adan
Editor: Justin Bones and Shea Conduct
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8:56
JP Morgan Chase boss talks about AI impact on business
The Chief Executive of JP Morgan Chase Jamie Dimon shares his views on AI, and whether he thinks the hype around it will continue. The German Chancellor, Friedrich Merz vows to do everything possible to counter EU rules banning the sale of new CO2 emitting cars after 2035. And we hear how Doanld Trumps tariffs pilicy is affecting Switzerland which is facing duties of some 39 per cent on its exports to the US. (Picture: Jamie Dimon. Credit; Shannon Stapleton Reuters)
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US top banker warns of potential risk of stock market decline
In a BBC interview, the head of America's largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was "far more worried than others" about a major market correction.
China has tightened its rules on the export of rare earths – the elements that are crucial to the manufacture of many high-tech products.
And the price of silver hit its highest level in decades. The metal reached more than $50 an ounce.
Presenter: Sarah Rogers
Producer: Ahmed Adan
Editor: Justin Bones
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Is AI the next tech bubble?
Warnings the value of AI companies are stretched... we'll bring you reaction from industry experts.Trade relations between India and the UK are at an all-time high according to politicians and business leaders... We ask what business opportunities that might offer.And why we might need new names for vegetarian sausages and veggie burgers?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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