China has adopted a “wartime footing” in response to U.S. President Donald Trump’s triple digit tariffs. But both Trump and Chinese President Xi Jinping have a lot to lose in this fight. So who will blink first? On this weekend episode, our correspondents in Washington and Beijing lay out how we got here, and how these two countries could get out of this spiraling conflict.
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20:55
El Salvador ruling, townhall anger, Fed and UK women
Trump administration officials could face criminal contempt charges for violating a U.S. federal judge's order halting El Salvador deportations. Congressional Republicans hear from angry voters at townhalls. Federal Reserve Chair Jerome Powell says they'll wait for more data on the economy's direction before changing interest rates. And the UK’s top court rules that the term ‘woman’ refers only to biological women under equality laws.
*This episode has been corrected. The ruling that finds administration officials could be in contempt of court over deportations to El Salvador is a separate case from the Abrego Garcia deportation matter.
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12:03
China’s economy, deportation, Pentagon, French prisons and millennial saint
China Q1 GDP has outstripped expectations, but analysts fear momentum could shift sharply lower as U.S. tariffs hit. One of U.S. Defense Secretary Pete Hegseth's leading advisers has been escorted from the Pentagon as part of an investigation into leaks. A judge has demanded officials provide answers under oath about the return of a man wrongly deported from the U.S. to El Salvador. Prisons in France have been targeted with arson and gun attacks. And the boy about to be proclaimed the Catholic Church's first saint of the millennial generation.
Find our recommended read on the smugglers caught trying to transport thousands of live ants out of Kenya here.
Find our weekend special episode on higher education in the U.S. here and Trump's battles with the courts here.
Sign up for the Reuters Econ World newsletter here. Find the latest podcast episode here. Reuters Econ World has also been nominated for a Webby Award in two categories for our "Swiftonomics" episode. If you like what you hear please vote for us here and here.
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12:28
Harvard, deportations, American gas and basketball in Europe
Harvard is hit with a $2.3 billion funding freeze after rejecting demands from the Trump administration. El Salvador President Nayib Bukele says he has no plans to return a man mistakenly deported from the United States. Plus, Europe faces an energy security dilemma and an eager NBA.
Find our recommended read on North Korea and Russia here.
Find our weekend special episode on higher education in the U.S. here.
Sign up for the Reuters Econ World newsletter here. Find the latest podcast episode here. Reuters Econ World has also been nominated for a Webby Award in two categories for our "Swiftonomics" episode. If you like what you hear please vote for us here and here.
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12:28
Tech tariffs, El Salvador deportations, Meta and McIlroy
Donald Trump says he’ll be announcing the tariff rate on imported chips over the next week after a weekend of twists on trade policy for technology companies. U.S. officials say they are not obligated to help a Maryland resident get out of prison in El Salvador after he was erroneously deported. Meta’s antitrust trial is set to begin. And Rory McIlroy finally wins the Masters to complete golf’s grand slam.
Find our recommended read on the life of Nobel prize-winning novelist Mario Vargas Llosa here.
Sign up for the Reuters Econ World newsletter here. Find the latest podcast episode here. Reuters Econ World has also been nominated for a Webby Award in two categories for our "Swiftonomics" episode. If you like what you hear please vote for us here and here.
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Everything you need to know about your world in 10 minutes. Go straight to the source with a ten-minute news briefing by Reuters frontline journalists. Join host Kim Vinnell as she takes you around the world every weekday.