Business

Apr 17 2025 24 ep. 6 mins 274

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A daily update on the latest business and economic news. Live from Monday to Thursday at 9:15am and 6:45pm Paris time.

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Trump says Fed Chair Powell's termination 'cannot come fast enough'

Apr 17 2025 6 mins

US President Donald Trump has called for Federal Reserve Chair Jerome Powell to be fired, a day after the central bank chief delivered a stark warning about the effects of tariffs. Meanwhile, Chinese President Xi Jinping is ending his Asian tour with a visit to Cambodia, portraying China as a stable trading partner. Plus, the Hermès Birkin handbag is about to get a lot more expens

China appoints new trade negotiator amid tariff war with US

Apr 16 2025 6 mins

Emboldened by the latest economic data that showed China's economy grew faster than expected in the first quarter at 5.4 percent, Beijing continues to play hardball in its trade war with the United States. But it has also quietly appointed a new trade negotiator, who has experience at the WTO. Meanwhile, Trump said he'd take part in trade talks with Japan as its delegation headed f

China's Xi continues charm offensive in Southeast Asia

Apr 15 2025 5 mins

After Vietnam, China's President Xi Jinping has arrived in Malaysia. Unlike Vietnam, which trades more with the United States than with China, Malaysia has kept China as its top trading partner for 16 years. During the visit, Xi is also expected to discuss a free trade agreement between China and ASEAN, as Malaysia is currently chair of the regional bloc. Meanwhile, as the trade wa

Landmark US antitrust trial against Meta begins

Apr 14 2025 4 mins

Meta's chief executive Mark Zuckerberg took the stand on Monday as a historic antitrust trial against the social media giant began in Washington. Over the next few weeks, the District Court will hear arguments over whether Meta broke the law in its acquisition of Instagram and WhatsApp. Plus, amid an escalating tariff war with the US, China has been curbing its export of rare earth

China hits back at Trump tariffs with export restrictions on rare earths

Apr 14 2025 6 mins

China has restricted the export of rare earth minerals critical to the production of electric motors and high-tech components, a response to US President Donald Trump's 145 percent tariffs on Chinese goods. Meanwhile, an exemption for consumer electronics from those tariffs appears short-lived. Also on the show: Meta faces a US antitrust lawsuit over its acquisitions of Instagram a

US stocks tumble a day after Trump announces 90-day pause on tariffs

Apr 10 2025 5 mins

US stocks fell on Thursday after a historic rally on Wednesday following US President Donald Trump’s announcement of a 90-day pause on most tariffs. Bonds yields, meanwhile, cooled after the announcement. Wednesday's boost has left some Democrats asking who benefited from the market jump. They are calling for a probe into possible insider trading.

Markets in Europe and Asia rebound on back of Trump's 90-day tariff pause

Apr 10 2025 7 mins

Stocks in Asia and Europe rebounded on Thursday, following in Wall Street's footsteps, after US President Donald Trump announced a 90-day pause on the reciprocal tariffs he'd slapped on countries around the world. China, however, is the one country that isn't getting a reprieve from Trump's protectionism. In this edition, FRANCE 24 correspondent Yena Lee looks at Beijing's response

Trump pauses 'reciprocal tariffs' for 90 days while raising rate on China to 125%

Apr 09 2025 5 mins

Less than 24 hours after his new, high tariffs on dozens of US trading partners took effect, Donald Trump has announced a 90-day pause for all of them except for China. After Beijing announced retaliatory tariffs of 84% on US goods, Washington has hiked its levy to 125%. Meanwhile, the 10% baseline global tariff that went into effect on Saturday will remain in place. Wall Street st

Trade war: As Trump tariffs take effect, what next for China?

Apr 09 2025 11 mins

Donald Trump's new tariffs on almost all US trading partners have taken effect, hitting China particularly hard with a 104% levy on all goods. [Editor's note: the US president later announced a 90-day pause on the tariffs, but raised them to 125% on China]. China's premier says Beijing has enough policy tools to offset any impact. FRANCE 24's Yuka Royer speaks with Xiaolin Chen, he

Global markets roiled as Trump's 'reciprocal' tariffs take effect

Apr 09 2025 7 mins

As of midnight on Wednesday April 9, the US's "reciprocal" tariffs against dozens of trade partners around the world have officially taken effect. In this edition, we look at how markets in Asia and Europe have reacted to the news. Also, we see how China's economic growth this year could be significantly downgraded because of the trade war with Washington. Plus, we check on Trump's