David Sillitoe
Appearances
Global News Podcast
Bibas family funeral takes place in Israel
It was perhaps the most nightmarish start to any dream holiday. Mitchell Ring and Jennifer Collin were mid-air on their way to Venice, Italy, but on the first leg of their journey from Melbourne to Doha, a fellow passenger suffered a medical emergency. Airplane staff did their best to revive the woman but were not successful and she died in the aisle beside the couple.
Global News Podcast
Bibas family funeral takes place in Israel
Attendants were seemingly unsure of what to do next. Mr Ring told a current affair programme on Channel 9 in Australia what happened next.
Global News Podcast
Bibas family funeral takes place in Israel
The couple say the deceased woman was covered in blankets and placed next to Mr Ring for the remainder of the flight, four hours. He says stewards did not offer him the chance to switch seats. His partner, well, she had more luck.
Global News Podcast
Bibas family funeral takes place in Israel
When the plane landed, Mr Ring said when medical staff entered the plane and removed the blankets, he then saw the dead lady's face. Well, the airline has now responded. In a statement, Qatar Airways said... David Lewis. Staying in Australia, a radio presenter has been taken off air over controversial remarks made on Monday.
Global News Podcast
Ukraine says Russia broke pledge not to attack
The idea that an incredibly popular president could be murdered by a single deranged individual was simply unacceptable. We had a kind of equivalent of it after Princess Diana died when some people had to have a conspiracy theory. It just wasn't psychologically acceptable to believe that something so kind of contingent could happen. It had to be the result of a much, much bigger story.
Global News Podcast
Ukraine says Russia broke pledge not to attack
And so people have spent 60 years trying to find out that bigger story. One of the words that conspiracy theorists traditionally used about people who don't believe in conspiracy theories is they call them sheeple. Sheep who simply go along with what they call the orthodox version of something or the conventional wisdom. In other words, you know something that other people don't.
Global News Podcast
Ukraine says Russia broke pledge not to attack
And the other thing is, quite often conspiracy theories are just a more satisfying story. So there is that kind of element. It's a bit like a kind of TV thriller. They're actually improbable, but if they weren't improbable, they wouldn't make very good stories. So there's a kind of desire. I think we all have a little bit of a desire to believe that there's something kind of more to it out there.
Global News Podcast
Ukraine says Russia broke pledge not to attack
One of the ways in which Donald Trump became the Republican candidate back in 2015, 2016... was that he alone had appealed to that small section of Republican activists who believed that Barack Obama was not really an American, the birther theory. And so the truth is you don't actually necessarily need an enormous number of people to believe a particular thing for it to be a very powerful belief.
Global News Podcast
Sudan fighters accused of storming famine-hit camp
Still to come... Whilst authorities were wrangling for years over the project plan, the beavers did what beavers do, building a dam of their own.
Global News Podcast
Sudan fighters accused of storming famine-hit camp
Beavers are known for gnawing wood, felling trees and getting dams done. And now the can-do creature can add contributing to the coffers to its peculiar portfolio. Czech officials had been planning a dam, built by humans it should be added, to protect endangered crayfish in the Klobava River from acidic water spilling over from two nearby ponds.
Global News Podcast
Sudan fighters accused of storming famine-hit camp
But the ever-ready rodents, well, they had other ideas. Whilst authorities were wrangling for years over the project plans at the former army site, the beavers did what beavers do, building a dam of their own. The active animals thus created a wetland with pools and canals. The area is now roughly twice larger than previously planned.
Global News Podcast
Sudan fighters accused of storming famine-hit camp
The beaver family then moved on to a gully encircling the ponds, and they haven't finished there yet. They've built at least four dams in that gully and are still working on more. Beavers create these pools of water to protect themselves against predators and to hold their food during the winter. Environmentalists claim there were discussions about building dams there with water companies.
Global News Podcast
Sudan fighters accused of storming famine-hit camp
Now the estimated saving is 30 million CZK. That's $1.2 million. Bohemil Pfizer from the Czech Nature Conservation Agency can scarcely contain his delight. It's full service, beavers are absolutely fantastic and when they're in an area they can't cause damage, he insisted to the AFP news agency. They do a brilliant job.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
Compared to other countries, Korea is very popular. Why? It is very near to Asian people.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
I mean I've always said I want my work to be seen but I don't have to be seen.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
Korea does really need its workers, especially young workers. Jaehyun Yoo is a professor of social welfare studies at Gacheon University in South Korea. He also sits on the advisory board for the Presidential Committee on Aging Society and Population Policy.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
And the South Korean government is keenly aware of this. In August last year, Hyemi Yoo, Senior Secretary of Low Birth Rate, spoke about immigration in an interview with the national radio station KBS.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
A welcome increase for a country that's facing depopulation unprecedented anywhere else in the world.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
Es ist fantastisch, in diesem Raum zu sitzen.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
Ja. Ich bin fast 88 Jahre alt, also sollte es sein. Und das letzte Mal, als ich in es gedreht habe, war dieses Jahr.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
I'm still a smoker, a happy smoker, fed up of bossy people telling you what to do.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
I don't care how many come.
Global News Podcast
Roof collapse at Dominican Republic nightclub kills scores of people
But I don't have to be seen.
Global News Podcast
Britain announces biggest increase in defence spending in decades
As a drug smuggling strategy, it's both bold and bald. The man in his hapless hairpiece was intercepted after a security scan last week at Rafael Nunes International Airport in Cartagena. While attempting to board the Amsterdam-bound plane, police pounced and the 40-year-old was taken for a makeover he did not want.
Global News Podcast
Britain announces biggest increase in defence spending in decades
In a new video released by local law enforcement, an officer is filmed patiently snipping away at the traveller's toupee, peeling off the piece to reveal a number of white packets lurking underneath. These wraps are cocaine, police say, and plenty of it. The police alleged there were 19 cocaine capsules in all, rammed under his rug, with a Dutch street value of more than $10,000.
Global News Podcast
Britain announces biggest increase in defence spending in decades
Speaking to reporters, Halva Yesid Peña Araque from the Cartagena police explained how they got their man.
Global News Podcast
Israel launches waves of strikes on Gaza
High up in the heavens, those knights of the air fought and died. Epic combats, often beyond the range of our vision. Spitfires and hurricanes challenging each other in deadly combat with the enemy host.
Global News Podcast
Negotiators close to securing Gaza ceasefire deal - White House
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Global News Podcast
Negotiators close to securing Gaza ceasefire deal - White House
It's easy to forget that when Oliviero Toscani launched his United Colours of Benetton ad campaign featuring models with a variety of skin tones, this was so unusual, the phrase Benetton ad became for a while a byword for any representation of diversity. However, Toscani had no interest in photographing knitwear or traditional ways of selling goods.
Global News Podcast
Negotiators close to securing Gaza ceasefire deal - White House
What he wanted to show was how a company thinks.
Global News Podcast
Negotiators close to securing Gaza ceasefire deal - White House
However, sometimes the message was hard to decipher. One advert featured an image of a man dying of AIDS. Another, a priest and a nun kissing, while a picture of a newly born baby with an umbilical cord still attached set a new benchmark for complaints. Even within Benetton itself, he was controversial.
Global News Podcast
Negotiators close to securing Gaza ceasefire deal - White House
Eventually, he was dropped by Benetton, only to be brought back 17 years later and then dropped again. But he had no regrets. Looking back, he said he had no doubt about whose adverts would be remembered.
Global News Podcast
China vows to fight US 'blackmail' over tariffs
We've been able to speak to him semi-regularly over the phone. Of course, he says he's okay, but he's staying strong for the family. We know that he has been severely mistreated during his illegal incarceration in Baku, including being tortured during a hunger strike.
Global News Podcast
Trump again accuses Zelensky of not wanting peace
The aid we send is used to kill. No more. No free meal to those who kill. Israel will not allow the Hamas terrorist organization to continue the ceasefire under the conditions of the first stage without releasing our hostages.
Global News Podcast
Trump again accuses Zelensky of not wanting peace
Jack Vetrano was the first to admit that not everyone knew him by name, but most, he believed, would recognize his work. His most famous painting, The Singing Butler, was said to be Britons best-selling image. It features a wealthy couple waltzing on a beach, while a butler and a maid shield them from the rain with umbrellas. It sold for nearly a million dollars in the early 2000s.
Global News Podcast
Trump again accuses Zelensky of not wanting peace
Despite this, Jack Vettriano was never the darling of an art establishment that felt he appealed to the masses rather than pushed the boundaries. Speaking in 2004, the artist predicted that his work would stand the test of time.
Global News Podcast
Trump again accuses Zelensky of not wanting peace
Jack Vettriano didn't have the typical start in life for a world famous artist. He was born in Fife in 1951 and his working life started in the pit as a mining engineer. He took up painting in the 70s after a girlfriend gave him a box of watercolors. His self-taught hobby became his passion and his career. Worldwide recognition followed. But there was not universal praise.
Global News Podcast
Trump again accuses Zelensky of not wanting peace
Some of his work, which often featured women in various stages of undress, was even described as badly conceived software. David Wallace Lockhart reporting. And still to come. The Australian blood donor who saved the lives of over 2 million babies.
Global News Podcast
Senior Putin aide against temporary Ukraine ceasefire
To have and to hold, in sickness and in health, the vows couples make on their wedding day always with the best of intentions. But for husbands, pairing up could pile on the pounds. That's according to new research from Poland. Scientists there say tying the knot triples the risk of obesity for men, but not in women. But it's more than a tale of gorging grooms.
Global News Podcast
Senior Putin aide against temporary Ukraine ceasefire
Dr Alicia Chika-Mekalajic from Warsaw's National Institute of Cardiology suggested women cannot accept living with obesity and are more often stigmatised by society, so tend to work to keep the weight off. But it's not all brilliant for brides. Marriage markedly ups the risk of being overweight compared with unwed couples. 39% higher for women. In married men, a whopping 62%.
Global News Podcast
Senior Putin aide against temporary Ukraine ceasefire
Scientists study the health of more than 2,400 people. Average age, 50. Experts analyse participants' weight and factors, including body shape, marital status and mental health. So do we let ourselves go in married life? I asked these married men near the BBC building in central London what they thought.
Global News Podcast
Senior Putin aide against temporary Ukraine ceasefire
I mean, it's obviously down to what you do and how you keep yourself active. It's down to you. Do you think that there's something true that once you get in a relationship, you're like, oh, I can't be bothered to try anymore. I can just let myself go. No, not for me. Not for me. Obesity rates have exploded internationally, doubling over the past 30 years.
Global News Podcast
Senior Putin aide against temporary Ukraine ceasefire
Interestingly, poor mental health or a lack of basic medical knowledge also had a significant impact on the risk of women becoming unhealthily overweight. but this wasn't found in men. The Polish team insists education was key. Health knowledge and health promotion across the lifespan could reduce the worrying phenomenon of increasing levels of obesity, they concluded.
Global News Podcast
Putin visits Kursk after Russian advances - Kremlin
This is David O, born in America, raised in Nigeria, an Afrobeat artist with nearly 8 million monthly listeners on Spotify. The streamer's latest report suggests he will be one of more than 1,500 artists performing in 17 languages whose music made more than a million dollars last year on the platform.
Global News Podcast
Putin visits Kursk after Russian advances - Kremlin
Streaming, it says, is making success in the music industry open to a much wider and more global array of stars. And that $10 billion of revenue for the global music industry, it's hugely important, up around a billion on the previous year, as the service continues to grow. Spotify says it's now about a quarter of global income for recorded music. But there are many buts.
Global News Podcast
Putin visits Kursk after Russian advances - Kremlin
A recent report into streaming concluded only around 16% of that money actually made it to the artists, the rest going to labels, distributors and other intermediaries. But Spotify says it pays rights holders and they can't control how much money those rights holders then give to the artists they represent.
Global News Podcast
Putin visits Kursk after Russian advances - Kremlin
And while Spotify boasts that 100,000 artists made more than $6,000 last year, it's worth remembering there are 12 million artists on Spotify, so that's less than 1% of the total. David Sillito.
Global News Podcast
Trump's tariffs explained
Gosh, big questions there, Ben, and we've only got a little bit of time to answer them as well. Let's start with the first one. What forced his hand? Now, he talked about the markets being queasy. He meant the bond markets, of course, the bonds being the things that governments use to borrow money on financial markets. They're normally seen as a very safe haven for investors in times of strife.
Global News Podcast
Trump's tariffs explained
So governments only have to offer a very low interest rate on them. What we saw happening in the last couple of days is a lot of sellers actually in that market, a lot of people offloading those bonds, which caused some alarm and some questions about financial stability in the U.S. potentially further down the line. So therefore, many are thinking that that actually spooked the president.
Global News Podcast
Trump's tariffs explained
Also, a big holder of those bonds is China. So was China actually retaliating in that way? So has he tried to calm the markets down by announcing this pause? You heard that phrase, it's all about the art of the deal. But let me tell you, when you talk to businesses out there,
Global News Podcast
Trump's tariffs explained
What they actually say is that he's created this vacuum now in which uncertainty is thriving and therefore they're paralysed by fear and anxiety. Do they invest? Do they actually get the kind of machinery, upskill workers in the way the president wants to guarantee the long-term success of America? Or frankly, will they be wrong-footed in perhaps maybe a matter of not days, but hours?
Global News Podcast
Trump's tariffs explained
So if that was actually his aim, then frankly, it may be backfiring.
Global News Podcast
Trump's tariffs explained
Huge, Ben, in a sentence, or in a word, rather. Do you remember that phrase, conscious uncoupling? I think it was Gwyneth Paltrow who used it about her divorce many years ago. This is what's happening here. China and the US between them account for a third of global goods rights. So you've got this Basically, this separation between the two of them getting deeper and deeper and deeper.
Global News Podcast
Trump's tariffs explained
And as a result of that, what you're seeing is disruption on either side. Now, we're hearing all sorts of reports about Chinese companies rushing to try and relocate production, for example, or figure out how much extra they can charge American consumers without compromising. frankly, going bust.
Global News Podcast
Trump's tariffs explained
And that can cause all sorts of disruption given the global nature of supply chains, given that these companies sell all over the world to buyers around the world too. American consumers account for one in six, seven dollars of all of those spent in the world. So if they're not buying, other countries aren't selling.
Global News Podcast
Trump's tariffs explained
So this may look like it's kind of slightly, you know, over there, thousands of miles away from many countries and there's a pause elsewhere. But let's not forget, there are some severe consequences that many are going to feel in the weeks and months to come.
Global News Podcast
Trump's tariffs explained
Do you think that's true? Do you think that's right? Well, we do know that certain countries have approached the US. We heard the Israeli prime minister there, didn't we, earlier in the week at the White House saying that we've had a chat about things we could do to try and bring down some trade barriers. So there is no doubt that many countries are having these discussions.
Global News Podcast
Trump's tariffs explained
You've got to wonder how many trade negotiators there are in the US and if they're going to have time in these 90 days to actually sort much out. There will be things, concessions made. The question is, do we go back to where we were before? And the answer seems to be from all the architects of trade policy who've worked. With President Trump that I've talked to, the answer seems to be no.
Global News Podcast
Trump's tariffs explained
They say the idea of zero for zero, zero tariffs doesn't make any sense as far as the president is concerned. He wants to see businesses relocate manufacturing to the U.S. and jobs to the U.S. And he says unless you put some tariffs in place, that simply doesn't make business sense for American business.
Global News Podcast
President Trump announces sweeping tariffs on US imports
The probability is currently at 2.1%. But, you know, it depends on your feeling about risk. You know, many people would say, oh, that's not very much at all. We could ignore it. If you're a gambler, you might think that's a realistic possibility. It's a bit less than zero coming up on roulette or a double six with two dice. It's about the chance of dying at heart surgery at the moment.
Global News Podcast
New Orleans attack: death toll rises to 15
So we know right now that this explosion happened around 8.45 in the morning our time. Keep in mind that Las Vegas is the party capital of the world, really. There were 400,000 people estimated to be down on the Strip celebrating last night. This happened, obviously, the day after those celebrations were over, but still in an area where a lot of people were. A lot of people do stay in that hotel.
Global News Podcast
New Orleans attack: death toll rises to 15
Well, it is actually not on the Strip. It is a busy area. It's right next to a very large shopping mall. We know that this explosion happened. The driver in that Tesla Cybertruck was killed.
Global News Podcast
New Orleans attack: death toll rises to 15
Two other people were hurt enough that they were brought to the hospital, and right now our local police and the FBI are trying to figure out whether this was intentional or just really a coincidence, an accident.
Global News Podcast
New Orleans attack: death toll rises to 15
It is very bizarre. That area is where guests are brought up to leave or come in to check in where valet is. They do have some sort of security there anyway, because obviously Donald Trump was the president. He's going to be the president again. So there is security there. What makes this even more bizarre is it's a cyber truck. We know of Elon Musk's connection to the president-elect there.
Global News Podcast
New Orleans attack: death toll rises to 15
You mentioned that Elon Musk had put out a tweet saying they were investigating this incident. The most important part of that tweet, though, is he says, we've never seen anything like this. So we don't know if it was just the car that happened to malfunction with a bunch of fireworks in it or what.
Global News Podcast
New Orleans attack: death toll rises to 15
I think the FBI is certainly looking into that. We aren't seeing those signs, though, of any ISIS connection, like an ISIS flag or explosives at this point that we are seeing in New Orleans. But certainly that is something that people are talking about.
Global News Podcast
Ukraine talks could see Europeans excluded
As industry jobs are leaving California. For many in the industry, business still has not bounced back.
Global News Podcast
Ukraine talks could see Europeans excluded
I would encourage Donald Trump and the Ukrainians to look very carefully at a deepening partnership over the next generations. Why? Because the best deal and the best security guarantee is binding US industry, business, defence capability into their future.
Global News Podcast
Is Putin serious about a ceasefire in Ukraine?
So Brendan has set the route for the vehicle, so I'm just turning the AD system on and then activating it.
Global News Podcast
Is Putin serious about a ceasefire in Ukraine?
So this section is one of the long, sweeping, dynamic roads which really gets to showcase the car's ability.
Global News Podcast
Is Putin serious about a ceasefire in Ukraine?
This is an important step forwards, but we're not going to see, say, autonomous cars that can drive you anywhere, probably until the back end of the next decade. So that's still some way away.
Global News Podcast
Washington gears up for Trump inauguration
we start to ask questions about are we trapped in some sort of corporate captivity or are we in service of something that's really worth it? Are you trapped in a groundhog career?
Global News Podcast
Washington gears up for Trump inauguration
When we look at the research on this, unlike Blue Monday, where the research is maybe a little bit sketchy, the truth of the data shows that something like 62% of us say that the work that we do isn't fulfilling, and a staggering 20% of us say it's a source of misery in our existence. The idea that
Global News Podcast
Washington gears up for Trump inauguration
work is putting you through that sort of stress is somewhat questionable, particularly given the explosion of career opportunities we've seen in the last 20 or 30 years.
Global News Podcast
Moscow says West "fragmenting" over Ukraine
Police say one person has been killed and several others injured after a car drove into the crowd. A suspect has been arrested and a large operation is underway in the city centre. People have been asked to avoid the area as emergency services attend the scene. One eyewitness who was sitting in a nearby restaurant told local media that all hell broke loose following the incident.
Global News Podcast
Moscow says West "fragmenting" over Ukraine
According to a statement to German news agency DPA, the Mannheim University Hospital has activated its disaster response plan. Eight trauma teams have been made available both for adults and children.
Global News Podcast
Trump blames diversity policies for US air crash
Marianne Faithfull. In the 60s, she was a star. She had a run of chart hits. She was Mick Jagger's girlfriend. She was one of the in-crowd. But that golden era didn't last long. Marianne Faithfull described her childhood as like living in a Renoir painting. Her family were bohemian, but school was strict.
Global News Podcast
Trump blames diversity policies for US air crash
However, everything changed when the startlingly beautiful 17-year-old met the Rolling Stones and their manager, Andrew Luke Oldham.
Global News Podcast
Trump blames diversity policies for US air crash
And you recorded as Tears Go By.
Global News Podcast
Trump blames diversity policies for US air crash
30 years later, she talked of how she had secretly hoped that the record would fail.
Global News Podcast
Trump blames diversity policies for US air crash
The image of shy, wistful 60s innocence was shattered, though, when she was caught up in a drugs raid on Keith Richards' home. The lurid and false headlines about her left deep wounds. By the 70s, she was a heroin addict, but she continued to record and in the mid-80s quit drugs.
Global News Podcast
Trump blames diversity policies for US air crash
You could hear the darkness, the cracks and scars of those years in her music. She had endured more than her share of the era's sexism, but the artist that emerged was, she said, no-one's victim. And you could hear it all in this, a re-recording of her most famous song. Proud, unapologetic, the voice of Marianne Faithfull.
Global News Podcast
Trump hosts UK's Keir Starmer at the White House
Popeye Doyle in The French Connection was Gene Hackman's defining role.
Global News Podcast
Trump hosts UK's Keir Starmer at the White House
It brought him the first of his two Oscars in a career that saw him nominated five times. Not bad for a man voted least likely to succeed at acting school. And it did take him a while to get going. He was in his mid-30s by the time of his first big movie. But then came an Oscar nomination for his role in Bonnie and Clyde. You shouldn't have done that, Blanche. It was a dumb thing to do.
Global News Podcast
Trump hosts UK's Keir Starmer at the White House
And after that... What's my name? ...is Big Break. Doyle. What? Mr Doyle. Bleak, brutal and gripping. The French connection turned him into one of Hollywood's most compelling tough guys.
Global News Podcast
Trump hosts UK's Keir Starmer at the White House
But the role didn't come naturally.
Global News Podcast
Trump hosts UK's Keir Starmer at the White House
And he got very good at it with an Oscar for Unforgiven.
Global News Podcast
Trump hosts UK's Keir Starmer at the White House
And another nomination for Mississippi Burning. You've got a stupid smile, you know that, pal? But there was more to him than that. From the paranoia of the conversation to the comedy of the Royal Tenenbaums, he was a versatile actor.
Global News Podcast
Trump hosts UK's Keir Starmer at the White House
Who excelled at playing the ordinary guy.
Global News Podcast
Trump hosts UK's Keir Starmer at the White House
And while he may have lacked traditional film idol good looks, he was undoubtedly a star.
Global News Podcast
Trump signs executive order to close Department of Education
Two hours ago, sirens sounded across central Israel as three rockets were fired from southern Gaza. Our air force intercepted one and two landed in open areas. Israel is fighting to achieve its war goals. returning all of our hostages, dismantling Hamas's military and governing capabilities and removing the terrorist threat from Gaza.
Global News Podcast
Trump signs executive order to close Department of Education
To the people of Gaza, we say very clearly, stay away from Hamas, move to safer areas.
Global News Podcast
South Korean court upholds impeachment of president
Under the bright lights of the stage, contestants step forward, hair in tight curls, braids or short cropped styles. For Emanuela Dali, this rule changed everything.
Global News Podcast
South Korean court upholds impeachment of president
For years, beauty queens wore long artificial hair. But this year, Côte d'Ivoire's biggest beauty competition took a bold step. Some contestants, like Astrid Meneku, were not sure at first.
Global News Podcast
South Korean court upholds impeachment of president
For others, it was a moment of self-discovery. Leatitia Murufi competed last year with long extensions. This time, she's going all natural.
Global News Podcast
South Korean court upholds impeachment of president
But not everyone is celebrating. At a salon in Daloa, hairdressers say the wig ban could hurt business.
Global News Podcast
South Korean court upholds impeachment of president
Wigs and weaves are a big business in Cote d'Ivoire, worth over $300 million. Back at the pageant, the night's winner was Doria Kore. She will compete at the grand final in Abidjan.
Global News Podcast
South Korean court upholds impeachment of president
For organizers, this is about more than just crowns.
Global News Podcast
South Korean court upholds impeachment of president
And for health experts, the issue goes beyond beauty. Florence Edwiga Nanga is a trichologist who treats hair and scalp conditions.
Global News Podcast
South Korean court upholds impeachment of president
As Doria Kore waves to the crowd, Miss Cote d'Ivoire 2025 is rewriting the beauty rulebook. Some say it's a step toward self-acceptance. Others say it limits choice. One thing is clear. The debate isn't over yet.
Global News Podcast
Trump tariffs trigger steepest US stocks drop since 2020
It was a fairly wide-ranging conversation, Nick, on that flight to his Florida home, and Donald Trump conceded that there was going to be what he called... a transition period whilst some trading partners transferred their manufacturing operations to the United States. He stressed that for companies that chose to make their products here in the U.S., there will be no tariffs, of course.
Global News Podcast
Trump tariffs trigger steepest US stocks drop since 2020
And he said that he'd already spoken to two of the five major automobile makers and maintained that they had already started moving aspects of their operations out there. of neighbors Canada and Mexico and into the U.S. Yet for all of his confidence, it's worth remembering that Donald Trump has long hailed the stock market as the barometer of this country's economic health.
Global News Podcast
Trump tariffs trigger steepest US stocks drop since 2020
And I think much as he may pretend otherwise, he won't be pleased to see the sort of sharp falls that we've seen today. As you mentioned, both the Nasdaq and the S&P experienced their worst declines in about five years. Retailers, tech companies taking a particularly bad hit, both Apple and Amazon down more than 9%. Companies like Dell and Ralph Lauren experiencing falls of more than 15%.
Global News Podcast
Trump tariffs trigger steepest US stocks drop since 2020
Well, I think like people in many other parts of the world, Nick, American consumers are holding their breath, if I can put it that way. They are waiting to see what all this means in terms of the price of goods in the shops.
Global News Podcast
Trump tariffs trigger steepest US stocks drop since 2020
The stock market, of course, is not the economy, but the reaction that we've seen today is nonetheless an early, some would say visceral demonstration of the sort of widespread and growing concern that exists here today. over rising prices, the prospect of rising prices, the prospect of slowing growth, and, of course, the prospect of a recession.
Global News Podcast
Trump tariffs trigger steepest US stocks drop since 2020
As one analyst here put it, traders are shooting first, Nick, and asking questions later.
Global News Podcast
Trump tariffs trigger steepest US stocks drop since 2020
Far from it. Although I think the closest we've come to that is perhaps some Republicans who voted in favor of a Democrat led measure in the Senate to prevent the tariffs being introduced on Canada. But that was then both for Republican candidates. senators.
Global News Podcast
Trump tariffs trigger steepest US stocks drop since 2020
It's a small protest, but it does underline the fact, I think, Nick, that there is concern at grassroots level to an extent, at least, over what these tariffs could mean for industries here in the US, such as farming.