Trump officials defend tariffs; countrie...

Nvidia became the first company to reach a market capitalisation of more than $4trn. 

As debate time ended for Donald Trump’s “One Big Beautiful Bill”, the president’s tax-cutting package moved to a special session known as vote-a-rama. 

The head of the United Nations’ nuclear watchdog said that Iran could start producing enriched uranium again “in a matter of months”. 

Yesterday, in the Rose Garden, President Trump sent out a clear message: the era of globalization is over. Trump announced sweeping tariffs on trillions of dollars of imports. The new duties immediately shook Wall Street and sent stocks plummeting. WSJ’s White House economic poli ... Show More

The US President Donald Trump has announced universal 10% tariffs on all imports into the US. There will also be a 25% tariff on all foreign-made vehicles. Also: BBC team reaches quake-hit city of Mandalay in Myanmar. 

On today's podcast:      1) President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world.      2) Donald Trump’s shake-up of the globa ... Show More

President Trump’s 25% tariffs on goods from Mexico and Canada took effect first thing Tuesday. The American auto industry will be hit hard by these tariffs since many parts and materials come from Mexico and Canada. WSJ’s Mike Colias and a U.S. a uto parts supplier talk about the ... Show More

US President Donald Trump can keep collecting import taxes, an appeals court has ruled, a day after a ruling found the sweeping global tariffs to be illegal. Also: Chinese paraglider survives 8,000m-high flight. 

At a White House press briefing on Tuesday, the Trump administration maintained that it would impose a 25 percent tariff on imports from Mexico and Canada on Feb. 1. This comes after announcing a 10 percent duty on China earlier in the week. Trade and capital expert Brad Setser i ... Show More

On today's podcast: 1) President Donald Trump signed a proclamation to implement a 25% tariff on auto imports and floated further duties on the EU and Canada, expanding a trade war and triggering threats of retaliation.  2) Donald Trump’s planned tariffs on auto imports will hurt ... Show More

President Donald Trump has imposed immediate tariffs of 10% on all British exports to the United States.  He did this as he announced a "declaration of economic independence" for the US.      On his self-declared "Liberation Day", Mr Trump described the tariffs as reciprocal and ... Show More