American President Donald Trump has announced at a rally in Pittsburgh, Pennsylvania that the US will double tariffs on steel imports from 25% to 50% to boost the local steel industry. The announcement is the latest turn in Trump's rollercoaster approach to tariffs since re-entering office in January.Meanwhile, it was the last day at the White House for tech billionaire Elon Musk who has departed from his role at DOGE (Department of Government Efficiency.) We examine what he has achieved in the role, what his priorities will be at Tesla and Space X, and whether he and President Trump can remain friendsAnd with the Indian economy showing a growth of 7.4% between January and March, beating analyst expectations, we analyse what’s behind the numbers and if the growth can continueTo discuss these and the big global business news of the day, presenter Devina Gupta, is joined by Andy Uhler, journalism fellow at University of Texas Energy Institute in the US and Rachel Cartland, author and commentator based in Hong Kong.
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49:26
Trump, tariffs, and legal troubles
After US President Donald Trump’s tariff policy got a last minute reprieve in the federal courts, we unpick the latest twist in American trade policy. Meanwhile, we hear from an international student at Harvard University caught up in the institution's legal battle with the Whitehouse.Elsewhere, we can reveal how western countries are helping fund Russia's full-scale invasion of Ukraine.And Devina Gupta speaks to the attorney at the centre of the 'largest settlement of a price-fixing case in Canadian history' that's worth $500-million.Global business news, with live guests and contributions from Asia and the USA.
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49:28
Nvidia earnings boom to 70% despite tariffs
Nvidia, a huge success in the tech world, reported its latest quarterly earnings. The chipmaker, vying with Apple for the position of the world's richest company, beat expectations despite export controls.
Elon Musk, , the billionaire and co-founder and CEO of Tesla, has criticised one of the signature policies of President Donald Trump, marking a break from the US president who he helped to win re-election in 2024. And the meat of brown bears, a protected species in the EU, could soon be available to eat in Slovakia after the populist government approved plans for sale. Roger hears from a food tour guide who tested the meat before.Throughout the programme, we will be joined by two guests on opposite sides of the world: Michael Malone, a veteran Silicon Valley journalist and host of the Silicon Insider podcast in the US, and Zyma Islam, senior reporter for The Daily Star in Dhaka, Bangladesh.
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49:26
US pauses student visas
The US President, Donald Trump's administration, has ordered its embassies abroad to pause new applications for student and exchange visitor visas as it prepares to expand social media vetting of foreign students. We hear from former US Education Secretary Arne Duncan – who was in office during Obama’s presidency.
Japanese-owned steelmaker Nippon Steel is expected to close its “partnership” with U.S. Steel at $55 per share, as the US media have reported. On Friday, last week, President Donald Trump said that he has cleared the deal.
And Rahul Tandon hears how one woman’s quest to buy only US-made goods has been surprisingly difficult.
Throughout the programme, we will be joined by two guests on opposite sides of the world: Erin McLaughlin, Senior Economist, The Conference Board in the US, and Simon Littlewood, President of ACG Global or a business consultant based in Singapore.
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49:26
Optimism over US-EU trade talks
The United States President, Donald Trump, has agreed to drop his threat to impose 50% tariffs on European Union imports and extend a deadline to negotiate tariffs with the EU by more than a month.
In Argentina, the government has announced that its easing currency reporting rules to deal with dollars kept under mattresses. The Argentine government aims to unleash some $271 billion stashed away in mattresses, safes and foreign bank accounts.And Rahul Tandon will look at how Disney's live-action Lilo and Stitch remake beat Tom Cruise at the US box office. Lilo and Stitch, which revisits the 2002 animated family favourite, exceeded expectations with takings of $341m (£252m) around the world.
Throughout the programme, we will be joined by two guests on opposite sides of the world: Sushma Ramachandran, an independent journalist and columnist with the Tribune newspaper in India, and Fermin Koop, a reporter on environmental and climate change in Argentina.
Brasil