Trump doubles steel and aluminium tariffs
US President Donald Trump has signed an order raising tariffs on steel and aluminium imports to 50%.
The global steel industry prepares for impact as Donald Trump signs an order for a 50% tariff on steel and aluminium. He announced the move last week in front of a crowd of steel workers in Pennsylvania.
In South Korea, the liberal candidate, Lee Jae-myung, has been confirmed as the clear winner of the presidential election.
The tech billionaire, Elon Musk, has stepped up his criticism of Donald Trump's planned tax and spending bill, calling it a "disgusting abomination". A White House spokeswoman said the president would not change his position on what he calls the "big beautiful bill".
Throughout the programme, Rahul Tandon will be joined by two guests on opposite sides of the world: Andy Xie, an independent economist in Shanghai, China, and Anneke Green, Republican Political Strategist at Reach Global Strategies in Washington, US.
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- Wed 4 Jun 2025 00:06GMTBBC World Service & Live News
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Business Matters
Global business and finance news and discussion from the BBC