President Donald Trump has vowed tariffs of 50% on imports of copper into the US. The announcement sent prices for the metal soaring. It’s the president’s latest salvo in a tariff war which has hit companies in all sorts of sectors. Sean Farrington hears from the co-founder of a company that makes electric toothbrushes in China and sends them to the US. We also hear from a bicycle manufacturer that exports from Indonesia and Vietnam to the US. Elsewhere, we’re at the Great Yorkshire Show to talk to farmers about inheritance tax.
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Trump Postpones Deadline for Tariffs
US President Donald Trump says countries will now have until August 1 to agree new trade deals with the White House. He’d initially set a deadline of July 9 – this Wednesday – but has pushed it back by three weeks. All the same, he’s doubled down on a threat to hit two of the US’s biggest trading partners - Japan and South Korea – with tariffs of 25% unless they reach a deal by the new date. Sean Farrington speaks to a senior US economist about this latest twist in the tariffs story. We also look at a proposal to impose a wealth tax in the UK. Would it work?
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Will the US trade deals get done on time?
US Treasury Secretary Scott Bessent says he expects a busy 72 hours as countries try to make trade agreements with the US before the Wednesday deadline. Sean Farrington speaks to one expert representing international busines.The UK government wants bereavement leave for pregnancy losses to be set in law - what benefit could that be for both employers and employees?And would you work harder for your company if you could benefit from dividends? We look at the rise in businesses doing just that.
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Benefits, Budgets, and a Band
After the week where the UK government passes its welfare bill, and US President Donald Trump passes his flagship budget bill, Felicity Hannah speaks to a panel to take apart what it could all mean for the local and global economy.Plus, how much is being spent around the Oasis reunion tour, and on what?
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Tears and turbulence
Following Rachel Reeves' tearful Commons appearance we assess the market impact it made. Will Bain has more on the government’s long-awaited 10 Year Health Plan. And as drinking becomes more prevalent among Gen Z, we get the thoughts of the co-founder of MOTH cocktails.
Ireland