In a dramatic change of policy, US President Donald Trump hikes China tariffs to 125% on goods entering the United States. Most other countries will now see a 90-day pause on higher import taxes.

We hear from Everett Eissenstat, an international economics adviser in the first Trump White House, and Natasha Sarin, who advised Janet Yellen when she was Treasury Secretary.

Also, Graham Allison from Harvard Business School shares his analysis after recent meetings with President Xi Jinping in Beijing.

And, Karin Karlsbro, vice-chair of the European Parliament’s Committee on International Trade warns tensions between the EU and US are far from over.