Business Matters

President Donald Trump admits a period of difficult transition is inevitable as his trade policies continue to cause upheaval in international markets. And after the end of the Cold War, the world economy became integrated, and globalisation began, but is that at risk now because of the tariffs, trade war and protectionism? Presenter Roger Hearing speaks to Mohamed El Erian, former IMF Deputy Director who is now President of Queens' College, Cambridge, and chief. Also, a general strike against public spending cuts in Argentina has severely disrupted transport systems in the country. All domestic flights have been cancelled; trains and metro services have been suspended in Buenos Aires and other parts of the country.Throughout the program, Roger will be joined by two guests on opposite sides of the world – Yoko Ishikura, a professor emeritus at Hitotsubashi University in Japan, and Tony Nash, CEO and founder of Complete Intelligence, an AI-based financial forecasting firm in Houston.

In a dramatic change of policy, US President Donald Trump hikes China tariffs to 125% on goods entering the United States. Most other countries will now see a 90-day pause on higher import taxes. The pause means a "universal 10%" tariff will be in place for all countries, other than China, the White House said.Markets soared following the announcement with all three main US indices closing up more than 6%. Throughout the program, Rahul Tandon will be joined by two guests: Emily Peck, Axios US Markets correspondent in New York, and Han Lin, The Asia Group China Country Director in Shanghai.

Myanmar's military leader, Min Aung Hlaing, has made a rare request for international help after a powerful earthquake hit the centre of the country, flattening buildings and bridges.The US vice president, JD Vance, has accused Denmark of underinvesting in the security of Greenland and leaving it vulnerable.And Rahul Tandon will discuss how Dua Lipa has won the dismissal of a lawsuit that accused her of copying her hit single Levitating from two other songs.We will be joined throughout the programme by two guests on opposite sides of the world – From the US, Andy Uhler, Journalism fellow at the University of Texas Energy Institute and Columbia University's Centre on Global Energy Policy – and Nga Pham, a journalist based in Taiwan.

The Canadian prime minister, Mark Carney, has said the United States is no longer a reliable partner after President Donald Trump imposed 25% tariffs on car imports. Rahul Tandon speaks to businesses in both the US and Canada. China's biggest company, Tencent Holdings, has made more than a billion-dollar investment in a new spin-off company of the French gaming giant Ubisoft, which owns franchises including Assassin’s Creed and Tom Clancy’s Rainbow Six.And if you speak a language other than English, are there terms that English just doesn’t have or can't do justice to? Well, the Oxford English Dictionary feels your pain, and so it's incorporating "loan words" – words that would be coined as "untranslatable". We will be joined throughout the programme by two guests on opposite sides of the world – Dante Disparte, Head of Policy at the Libra Association, who is in Washington, and Sushma Ramachandran, an independent business journalist and columnist for The Tribune, who is in Delhi, India.

The US President Donald Trump has announced plans for long-promised tariffs on automotive imports shipped into the United States, and the tariffs will go into effect on 2nd April and will apply to finished cars and trucks that are shipped into the United States. Also, Maryland is marking one year since a cargo ship crashed into Baltimore's Francis Scott Key Bridge. The owner of the ship agreed to pay 102 million in damages back in September, and now it’s expected that the new bridge will be finished in 2028. And Rahul Tandon discusses Marvel announcement of the production for Avengers: Doomsday, which is underway and appears to have revealed its cast.We will be joined throughout the programme by two guests on opposite sides of the world - Stephanie Hare, a researcher on technology and ethics originally from Illinois but living in London and KAREN PERCY – senior freelance reporter in Melbourne.

Ports in the United States are experiencing ‘record levels of activities’ due to the tariffs and businesses trying to stock up to avoid the threat of tariffs and trade war. Bitcoin makes it big in Washington as President Trump establishes an official government cryptocurrency reserve office after meeting with crypto business leaders in the White House.And also we hear about hundreds of female tennis players on the WTA tour will be eligible for twelve months' paid maternity leave. Rahul Tandon will be joined throughout the programme by two guests on opposite sides of the world. In Buenos Aires, Argentina, Fermin Koop, environment and climate reporter; and in Lahore, Pakistan, Mehmal Sarfraz, journalist and analyst.

The US president, Donald Trump, moves to revoke the approval of New York City’s congestion pricing programs. We hear from one of the architects of the congestion charge policy in the city.Microsoft has unveiled a new quantum chip called Majorana One, which it says will help the company create computers able to solve meaningful industrial-scale problems in years, not decades. And Roger Hearing discusses how a local government in the Philippines has come up with an unusual way of combating dengue fever by announcing a payment for every five mosquitoes caught and brought in.We will be joined throughout the programme by two guests on opposite sides of the world - Karen Percy, Senior freelance reporter in Melbourne, Australia, and Emily Peck, Axios Markets Correspondent and co-host of the Slate Money podcast, who's in New York.

The US and Russia have outlined their intention to build relations far beyond a deal over Ukraine—extending to cooperation on other global issues and developing sizeable economic and investment links. Argentine President Javier Milei has denied promoting a newly launched cryptocurrency that collapsed shortly after he mentioned it in a social media post on Friday. And Ed Butler hears about a shocking revelation from Nasa that a large asteroid could be on course to hit earth. Although the space agency does go on to say, don't panic, it almost certainly won't. We’ll be joined throughout the programme by two guests on opposite sides of the world - Amita Arudpragasm, who's an Independent policy analyst based in Sri Lanka, and Sergio Guzman, the Director of Colombia Risk Analysis, which advises local and global companies looking to invest in Colombia and the region.

European leaders have been meeting in Paris to discuss military support for Ukraine. The United States has demanded that Europe increases defence spending and sends troops to Ukraine if there is a ceasefire in the war with Russia. Also, are Canadians boycotting US goods in shops after President Trump’s tariff threats?And Ed Butler reports from one of Africa’s biggest e-waste dumps in Ghana. Also, Meta, Facebook’s parent company, says it plans to build the world’s longest undersea cable, to bring industry-leading connectivity to five continents. We will be joined throughout the programme by two guests on opposite sides of the world - Sushmar Ramachandran, who is Independent journalist and columnist with the Tribune newspaper based in Delhi and Oliver Stuenkel, an associate professor of International Relations at the Getulio Vargas Foundation in Sao Paulo, Brazil.

President Trump confirms big tariffs are being imposed on goods coming into the US from Mexico, Canada, and China. We'll hear from businesses in Canada and Mexico on their response. We hear the story of one family's return to their home following the Los Angeles wildfires. David Brancaccio, a journalist with our US partner Marketplace, who bought a house just a few months ago and was burnt down by the California firestorms earlier this month. India’s finance minister will be presenting the country’s annual budget in a few hours’ time, outlining the government’s spending plans for the coming year. Throughout the program, we will be joined by two guests on opposite sides of the world: Andy Uhler, Journalism Fellow at the Energy Institute at The University of Texas, who's in Austin, and Nga Pham, a journalist in Taipei in Taiwan.

Investigators from the US federal agency noted that mid-air collisions like this are rare in the US, and they said it was far too early to speculate on what caused the crash; however, we will look at crowded airspaces and complex issues surrounding airports. Also, economic growth in the US slowed at the end of last year, as trade and investment declined and the country was hit by hurricanes and strikes. And, shoplifting, shrinkage, the five-finger discount—whatever you call it—stealing from shops is on the rise. Here in the UK, the British Retail Consortium has told the BBC retail crime is "out of control."Throughout the program, we will be joined by two guests on opposite sides of the world: Karen Percy, Senior freelance reporter, who's in Melbourne, and Emily Peck, Markets correspondent at Axios, in New York.

The US Supreme Court has upheld a law that bans TikTok in the US unless its China-based parent company, ByteDance, sells the platform by this Sunday. A cold snap in Washington, DC, means Donald Trump's inauguration on Monday will now be held indoors instead of on the steps of the Capitol. Also, Argentina has reported a fiscal surplus for the first time in sixteen years, as a result of comprehensive budget cuts implemented by President Javier Milei. We will look at how immigration is a high-profile public policy issue in many countries, including the United States. So, how does Trump's MAGA movement, which favours a huge cut in the numbers of people receiving work visas, affect the tech sector in Silicon Valley? Throughout the program We will be joined by two guests on opposite sides of the world: Jyoti Malhotra, editor in chief of The Tribune—she's in Chandigarh, India—and Ralph Silva from the Silva Research Network is in Toronto, Canada.

Former Bank of Canada governor, Mark Carney, says he is running to replace Justin Trudeau as the leader of Canada's governing Liberal Party. Donald Trump's pick as Treasury Secretary, Scott Bessent, has been defending his boss's economic plans at his confirmation hearing in the US Senate. And, as China prepares to release GDP figures in the next hour, we'll ask how it can stimulate growth, and we will look at who's planning a trip to North Korea during the northern hemisphere holiday. The country has reopened one of its border cities to foreign tourists for the first time in five years. We will be joined throughout the program by two guests on opposite sides of the world: Jessica Khine is in Malaysia and is Head of Asia for Astris Advisory Japan, and Dante Disparte is in Washington, DC—he's Chief Strategy Officer at Circle.

Israel and Hamas have reached an agreement on a ceasefire and the release of hostages in Gaza—raising hopes of an end to fifteen months of war. So, if the ceasefire holds, how long will it take to rebuild from the rubble? What would be the priorities? How much will it cost? And who will pay? We will look at all these with different guests, including the head of the United Nations Development Programme, Achim Steiner. Rice is the staple crop for more than half the world’s population, but it's vulnerable to drought and flooding, impacting global harvests and prices. It's also a contributor to climate change; it uses more water than other grain crops. So, should we eat less rice? We will be joined throughout the program by two guests on opposite sides of the world: Zyma Islam, senior reporter for The Daily Star, who is in Malaysia, and Walter Todd, president and chief investment officer at Greenwood Capital in South Carolina.

Andrew Peach discusses the announcement that Gary Gensler plans to step down as chair of the US Securities and Exchange Commission when Donald Trump takes office as president on January 20. Gensler is known to be a sceptic of crypto currencies unlike the incoming President who received heavy backing from the crypto community during the election. Beijing offers help to Chinese exporters who are facing higher import tariffs in many of their key markets. The IG Metall trade union in Germany announces that it will urge workers at Volkswagen to go on strike from December. VW is threatening to shut some of its German factories for the first time in its history. And Swedish battery maker Northvolt has entered Chapter 11 bankruptcy in the USA.

Boeing workers vote on pay offer on Wednesday. Workers downed tools six weeks ago after rejecting initial pay offer. They’ve been offered a 35% pay increase, over the next 4 years. Also, Tesla’s share price jumps after its 3Q results beat market expectations. We hear from Stephen Moore, an economist and an advisor to Donald Trump’s 2016 Presidental campaign. Plus we have a report about migrants on the US/Mexico border. And we hear why France is home to both haute cuisine and fast food. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

Hezbollah blames Israel after exploding pagers kill nine and injure thousands in Lebanon. The US Federal Reserve is expected to cut rates for the first time in four years. And we learn why Norway is racing ahead with electric vehicle sales.

Sri Lanka prepares to go to the polls and Tik Tok takes to the courts to fight attempts to make it divest itself of its Chinese owner. Also, the West Bengal festival which may have to forego its favourite fishy treat and could your car be yet another front for the digital advertisers?

Presenter Rahul Tandon discusses the announcement of Iowa Senator JD Vance as Donald Trump’s pick to be his running mate in November’s Presidential election.Rahul speaks to the Democratic Mayor of Milwaukee, the city that is hosting the Republican Party's National Convention.And the long delayed Third Plenum of the Chinese Communist Party is taking place in Beijing.

We hear from Betsey Stevenson, Former Economic Adviser to President Obama, who served on the transition team for the Biden-Harris ticket - as the first Democratic Senator publicly calls for President Biden to stand aside as the party's presidential nominee.Meanwhile the US imposes steel tariffs on Mexico - at least the steel coming from China. We ask whether tariffs are economically the way forward - or backward.Plus in Greece - new regulations are being introduced to limit the areas on beaches that bars and restaurants can use. The rules are intended to leave enough space for the public, who have complained about exorbitant prices charged by beachfront businesses that restrict their free access.Rahul Tandon is joined by Fermin Koop in Argentina and Zyma Islam in Bangladesh to discuss the most important and interesting global business and economic stories.