Friday sees the US Customs and Border Protection agency scrap tariff exemptions, known as de minimis, for millions of small international postal items arriving from abroad that are valued below US$800.

Roger Hearing is joined by Sinead Mangan in Perth and Tony Nash in Houston to discuss the White House's claims that ending the loophole will curb the movement of drugs and provide US$10bn of revenue. But what does it mean for small traders around the world?

We catch up with the saga engulfing the Federal Reserve after governor Lisa Cook filed a legal case against US president Donald Trump over his efforts to fire her.

Elsewhere, police raids have taken place across Brazil as authorities try to close down a US$10bn money laundering operation.

Just days after South Korean president Lee Jae Myung visited Washington DC, we hear from David Kim, the man at the centre of a multi-billion dollar investment from the east Asian country into US shipbuilding.

And how old is too old when it comes to being a commercial pilot? Former flyer Kit Darby shares his thoughts.

Global business news, with live guests and contributions from Asia and the USA.

Californian computer chipmaker Nvidia has reported record revenue figures of almost US$47bn for the second quarter of this year, surpassing all market expectations after being boosted by big tech firms eager to expand their artificial intelligence (AI) capabilities.

The Santa Clara-based business claims its likely grow to $54bn, but its positioning in China appear somewhat uncertain as executives said they "continue to work through geopolitical issues" due to the ongoing international tariff wars.

Meanwhile Donald Trump's steep 50% tariffs on India have kicked in after Washington's window for a trade deal lapsed and the US president issued an order imposing an additional 25% penalty on New Delhi over its purchases of Russian oil.

While India prime minister Modi has criticised the levies as "unfair, unjustified and unreasonable", Roger Hearing will be joined by Karen Percy in Melbourne and Walter Todd in South Carolina to discuss what this could mean for both countries and who will be picking up the extra costs?

Elsewhere Donald Trump has threatened the billionaire financier, George Soros, with an indictment for racketeering.

We hear about the challenges endured by professional golfers trying to survive in Africa.

And keep it down - a campaign has begun in London after a growing number of people said they felt aggravated by headphone-dodgers who broadcast music and entertainment for all passengers to hear on the city's trains and buses.

Global business news, with live guests and contributions from Asia and the USA.

Federal Reserve governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, marking a major escalation in the president's battle with the US central bank. So does President Trump have the power to fire the governor? Roger Hearing hears from a legal expert and former Cleveland Federal reserve President, to Loretta Mester.

And in just a few hours’ time, unless there's a last-minute change of heart, Indians will be dealing with 50% tariffs on most exports to the United States. It's punishment for New Delhi's purchases of Russian oil, which Washington argues helps finance Moscow's war in Ukraine.

Roger will be joined throughout the programme by two guests on opposite sides of the world - Andy Xie, an independent economist normally in Shanghai but currently in Kamamoto, Japan on holiday - and Takara Small, National Technology Columnist, CBC, in Toronto.

US President, Donald Trump welcomes the South Korean leader to the White House to discuss trade. He believes a deal can be done.

Roger Hearing will be joined throughout the programme by two guests on opposite sides of the world - Sushma Ramachandran, consulting editor at The Secretariat - who's in Delhi, and Rema Rahman, White House & Legal Affairs Editor at The Hill, and Adjunct Professor at American University, in Washington.

As Federal Reserve Chair Jerome Powell signals a move to a rate cut in December, we find out what it means for the US economy and the financial markets.

Federal Chair Jerome Powell takes centre stage at Jackson Hole in the US to deliver his final speech. It comes at a time when tensions are high between him and President Trump. We look ahead to this important speech.

Details emerge of a tentative deal between the European Union and the US .Some sectors will see smaller-than-expected tariff hikes. We hear from a representative of the German automotive industry

And Ecuador is home to the Galápagos Islands, towering volcanoes, and the Amazon rainforest. But how did one of South America’s most peaceful countries become one of the most violent? We take a look at how this surge in crime has affected the tourism sector.

The Chair of the Federal Reserve chair are under scrutiny from Donald Trump after fraud allegations emerge about Governor Lisa Cook. How will it affect the interest rate decision?

The authorities in Pakistan's commercial capital Karachi have declared an emergency and a public holiday after monsoon rains paralysed the city. We hear from the local business owner.

Sony PlayStation increased the price on its console. Is it one of the consequences of the trade war?

And we look at Denmark's decision to tax cow and sheep burps for greenhouse gas reasons.

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American farmers warn of lasting damage as Chinese importers choose cheaper alternatives from other countries like Russia and Brazil.

Also, tariffs risk taking some of the steam out of the US coffee industry.

And Roger Hearing hears why the British horseracing sector could face strike action over proposed betting tax changes.

All of that with analysis from business consultant Jessica Khine in Malaysia and journalist Alexander Kaufman in the United States.

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Volodymyr Zelensky and European leaders are holding talks with Donald Trump at the White House - what will be next? We hear from Ukrainian business owner.

Also, the Norwegian fund - worth $2 trillion - says it will divest from six firms with connections to the West Bank and Gaza. It currently has around $1.86 bn in companies listed in Israel.

And are more people wondering about investing in that staple of many American and Middle Eastern cities - air conditioning? Where do you think some of the biggest movies and TV shows of the last twenty years have been shot? Fast and Furious? Stranger Things? The Walking Dead? Spiderman: Homecoming? It's the US state of Georgia. Despite a drop in investments over the recent years we find out why this state wants to keep the crown as an alternative to Hollywood.

President Donald Trump and the Russian President Vladimir Putin end summit in Alaska without a deal. We get reaction from business experts after this important meeting.

We examine what next for both the Russian and the Ukrainian economies.

Presenter Rahul Tandon also talks to guests from the US, Ukraine and Russia to hear what this outcome means for the global economy.