The White House has insisted that President Trump’s tariffs will make the United States richer, despite the falling value of the US dollar. We hear from Tomas Philipson a former acting chairman of President Trump's Council of Economic Advisers.

The US -China trade fight has just intensified as China has upped tariffs on US imports to 125%

The EU has paused retaliation tariffs against US. Spokesman for European Commission, Olof Gill, said the EU was ready to negotiate

Davina Gupta presents

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.

China retaliated to US tariffs with a 84% levy on American goods

A former chief economist at the World Bank believes that the USA's tariffs on its largest trading partners could lead to many countries being pushed into recession.

Rahul Tandon speaks to a shrimp and seafood harvester based off the US Gulf Coast who feels President Trump’s policies is a positive for their sector.

Elsewhere we hear from a Canadian auto worker and a fashion business owner in Indiana on what any US-China tariff war might mean for them.

The latest business and finance news from around the world, on the BBC.

China says it will “fight to the end” amid fears of a tariff war with the US. Devina Gupta presents from Delhi and looks at the reaction to President Trump threatening fresh tariffs on China. Can China look to the EU instead? We talk to the European Commission to ask if trade relations between the two could now thaw.

Plus, with a declining fertility rate, South Korea’s government is looking to increase immigration, despite it being a widely unpopular policy.

The US stock markets ended on a fall to complete a volatile day for economies around the World.

President Donald Trump's tariffs have been felt in markets around the globe, with the Americas, Europe and Asia all shaken after a volatile day.

Rahul Tandon speaks to an small business in California on how the impact of any tariff battle will affect their business.

The latest business and finance news from around the world, on the BBC.

Stock markets are the world are hugely volatile after the imposition of US tariffs

Wall Street closes one of its wildest weeks in years, reeling from the impact of Donald Trump’s sweeping new tariffs on global imports. The S&P 500, Nasdaq Composite, and Dow all plunged.

We assess the fallout with our US Business Correspondent Michelle Fleury in New York, and speak to Gene Seroka, Executive Director of the Port of Los Angeles—the largest container port in North America—about what it means for trade and supply chains.

With trillions wiped off share values, what does it mean for those with pensions heavily tied to Wall Street? Maria Johannssen of AON explains how retirement pots could be hit, and whether there’s cause for alarm.

Plus, TikTok survives another day in the US—but for how long? We explore the latest on the app’s uncertain future and who might be lining up to buy it.