Tariffs and trade wars dominated 2025, but what does the year ahead have in store? And what about the prospect for rising prices we’ve seen around the world?

The BBC’s Deputy Economics Editor, Dharshini David, and North America Business Correspondent, Michelle Fleury, pick through what we learned last year and explore the trends likely to shape the global economy in 2026.

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Presenter: Will Bain

(Picture: Italian Prime Minister Giorgia Meloni, French President Emmanuel Macron, Canadian Prime Minister Mark Carney, US President Donald Trump, UK Prime Minister Keir Starmer and Germany’s Chancellor Friedrich Merz at the G7 summit in Kananaskis on June 16, 2025. Credit: AFP via Getty Images)