NewsHour

Financial markets in Europe and Asia rally after Donald Trump pauses his extra tariffs on all countries except China. How do businesses plan amid the turmoil? And is this a major re-set for global trade?

Also in the programme: Sudan brings a genocide case against the United Arab Emirates to the UN's highest court; and the Cartier exhibition about to open in London.

(IMAGE: A stock market indicator in the operations room at the Euronext stock exchange headquarters in Paris shows France's CAC 40 rally over 5 percent as US eases tariffs, 10 Apr 2025 / CREDIT: Mandatory Credit: Photo by YOAN VALAT/EPA-EFE/REX/Shutterstock)

In a dramatic change of policy, Donald Trump has paused higher tariffs on goods entering the United States from every country except China. In a post on social media, the President said levies would be lowered to ten percent, but taxes on Chinese imports would rise to 125%. We get reaction to the turmoil from Republican congressman Pete Sessions and French Member of Parliament Éléonore Caroit.

Also in the programme: We've live in the Dominican Republic after that nightclub roof collapse; and the new London exhibition of Cartier - jeweller to the rich and famous.

(Photo: Treasury Secretary Scott Bessent and White House Press Secretary Karoline Leavitt speak with the media about tariffs at the White House in Washington DC, April 9, 2025. Credit: Reuters Nathan Howard)

China announces an 84% tariff on US imports, to take effect on Thursday, after Donald Trump imposed a 104% tariff on Chinese goods entering the US. We'll hear from South Korea and from Germany on what they can do to protect themselves.

Also on the programme: The people of Myanmar, ignored and desperate after the earthquake; as the BBC puts a restored sculpture back on display, can you separate great art from appalling artists? And we'll hear from a British woman who has been reunited with a "talking postcard" - also known as a "voice-o-graph" - she recorded in New York 70 years ago.

(Photo: American company Basic Fun!, which is known for its popular Care Bear toys, said it had to put out a notice earlier this week to halt shipments from China to the US. Credit: Gettty Images)

The White House has confirmed that a 104% tariff on goods imported from China will come into force on Wednesday. China has accused the United States of "blackmail" and Washington says that the tax levies announced were bringing many countries to the negotiating table. We hear from a former US ambassador to China, Gary Locke.

Also in the programme: at least forty-four people have died after a roof collapsed at a music venue in the Dominican Republic; and a full-sized digital scan of the Titanic has given experts new insight into the ship.

(Photo: White House Press Secretary Karoline Leavitt (C) speaks to reporters during a press briefing in the Press Briefing Room of the White House in Washington, DC, 08 April 2025. Credit: JIM LO SCALZO/EPA-EFE/REX/Shutterstock)

China has accused the United States of "blackmail" after President Trump threatened to slap an extra 50% tariff on Chinese imports.

On Monday, Trump gave China until Tuesday to scrap its 34% counter tariff or face an additional 50% tax on goods imported into the US, meaning US companies could face a total rate of 104% on Chinese imports. China has said it will "fight to the end" as it called Trump's moves "bullying".

Also in the programme: Is a new 'Iran Deal' possible as talks between the US and Iran are announced?; and how Madonna and Elton John have apparently 'buried the hatchet'.

(Photo shows China's president Xi Jinping speaks during a meeting in Beijing, China on 28 March 2025. Credit: Ken Ishii/EPA)

Donald Trump threatens China with additional 50% tariffs if Beijing does not withdraw its 34% retaliatory tariffs on Washington. If imposed, it could leave some US companies bringing in certain goods from China facing a 104% tax. It comes as US markets drop sharply again on opening, while Europe's biggest stock markets - including London's FTSE 100 - have all closed over 4% down.

Also in the programme: President Trump has been able to count on the support of Republicans in Congress since his inauguration. But are there signs of growing unease as the markets continue to tumble? And we go to South Africa for the Soccer Grannies World Cup, where the oldest player is over 80.

(Photo: US President Trump meets 2024 World Series Champions - Los Angeles Dodgers, Washington, USA - 07 Apr 2025. Credit: Shawn Thew /EPA-EFE/REX)

Global stock markets have fallen sharply on opening, continuing a global sell-off driven by fears that President Trump's tariffs will cause a recession.

Also on the programme: the Israeli prime minister is in Washington to discuss peace for Gaza as deadly attacks continue; and the scientific breakthrough in Europe that could protect vital honeybees from their worst predator.

(Photo: South Korean dealers work in front of monitors at the Hana Bank in Seoul, South Korea, 07 April 2025. Credit: JEON HEON-KYUN/EPA-EFE/REX/Shutterstock)

After US President Donald Trump imposed a baseline of 10% trade tariffs on most countries, more than 50 of those hit by the taxes have reportedly reached out to his administration to negotiate. US Secretary of Commerce Howard Lutnick, however, says steeper tariffs due to be imposed upon such nations will “of course” be implemented. We get reaction from an economist who served in the Biden administration.

Also in the programme: Israel says it made a mistake when it opened fire on a convoy of aid workers in Gaza; and which plays and theatre stars look set to win at Britain’s famous Olivier awards?

(Photo: US President Donald Trump speaks about tariffs in the Rose Garden at the White House, 2nd April 2025. Credit: REUTERS/Carlos Barria)

The British government has condemned the detention and expulsion of two of its MPs who had gone to Israel on an official visit. Israel says they were intending to spread hate speech: we hear from the UK government.

Also in the programme: the Israeli army admits its soldiers made what it calls "mistakes" when they killed 15 emergency workers in Gaza; and one Ukrainian man tells us he was conscripted into the army against his will.

(IMAGE: Abtisam Mohamed (left), Labour MP for Sheffield Central, and Yuan Yang (right) Labour MP for Earley and Woodley, have now left Israel after being detained and expelled while on an official visit; CREDIT: House of Commons)

Mobile phone footage released by the New York Times appears to contradict the Israeli account of how Palestinian medics met their deaths in Gaza. The video shows the workers’ medical vehicles with their headlights on and emergency lights flashing. The Israeli military had said the convoy had been advancing suspiciously, without lights on.

Also on the programme: President Trump urges Americans to "hang tough", after the biggest falls on US stock markets in years; and the British woman in her 70s who found out she had been swapped at birth.

(Picture: Palestinians mourn the medics killed in an Israeli attack on their convoy Credit: REUTERS/Hatem KhaledY/File Photo)