Janet Jalil

This is the Global News Podcast from the BBC World Service. I'm Janet Jalil and in the early hours of Thursday, the 10th of April, these are our main stories. Donald Trump pauses higher tariffs on most countries, causing stock markets to soar, but hikes import taxes on Chinese goods to 125%. Musik Musik Musik Musik Musik

This is the Global News Podcast from the BBC World Service. I'm Janet Jalil and in the early hours of Thursday, the 10th of April, these are our main stories. Donald Trump pauses higher tariffs on most countries, causing stock markets to soar, but hikes import taxes on Chinese goods to 125%. Musik Musik Musik Musik Musik

A dazzling display of Cartier's finest creations is being exhibited here in London. In a dramatic change of policy, Donald Trump has paused higher tariffs on goods entering the United States from other countries, with one notable exception, China. Stock markets surged almost immediately when he announced the move, after days of big falls and jitters on the bond markets.

A dazzling display of Cartier's finest creations is being exhibited here in London. In a dramatic change of policy, Donald Trump has paused higher tariffs on goods entering the United States from other countries, with one notable exception, China. Stock markets surged almost immediately when he announced the move, after days of big falls and jitters on the bond markets.

Mr Trump denied he was backtracking on pronouncements he'd made just a few days ago, saying you have to be flexible. Und er hat die Eintracht-Tarife, die er bereits auf China vorgelegt hat, um 125 Prozent erhöht, um Beijing zu verurteilen, dass es sich um ihre Verletzungen mit ihren eigenen Import-Taxen auf US-Güter verletzt hat.

Mr Trump denied he was backtracking on pronouncements he'd made just a few days ago, saying you have to be flexible. Und er hat die Eintracht-Tarife, die er bereits auf China vorgelegt hat, um 125 Prozent erhöht, um Beijing zu verurteilen, dass es sich um ihre Verletzungen mit ihren eigenen Import-Taxen auf US-Güter verletzt hat.

Mr. Trump hat insistiert, dass seine Strategie, Amerika reicher zu machen, funktioniert.

Mr. Trump hat insistiert, dass seine Strategie, Amerika reicher zu machen, funktioniert.

But Democrats accuse the US President of behaving in a reckless manner and say he's backtracked because he's feeling the heat from Americans worried about the tariffs. The senior Democrat in the Senate, Chuck Schumer, said his party would continue to put pressure on Mr Trump.

But Democrats accuse the US President of behaving in a reckless manner and say he's backtracked because he's feeling the heat from Americans worried about the tariffs. The senior Democrat in the Senate, Chuck Schumer, said his party would continue to put pressure on Mr Trump.

For now there is relief for many investors, governments and businesses. But how long will that last? Our Washington correspondent is Anthony Zirka.

For now there is relief for many investors, governments and businesses. But how long will that last? Our Washington correspondent is Anthony Zirka.

Yes, but even though there is a temporary reprieve for the markets, this is very worrying for businesses who are trying to plan ahead and for other countries that are trying to do deals with Donald Trump.

Yes, but even though there is a temporary reprieve for the markets, this is very worrying for businesses who are trying to plan ahead and for other countries that are trying to do deals with Donald Trump.

Not surprisingly, Democrats have attacked him, called him amateur, talked about market manipulation. But even Republicans are getting very worried about this. We've had divisions among Donald Trump's top advisors, Elon Musk and his trade advisor, Peter Navarro. Is there anything that they can do to try to stabilize what's going on with the US trade policy?

Not surprisingly, Democrats have attacked him, called him amateur, talked about market manipulation. But even Republicans are getting very worried about this. We've had divisions among Donald Trump's top advisors, Elon Musk and his trade advisor, Peter Navarro. Is there anything that they can do to try to stabilize what's going on with the US trade policy?

And what next when it comes to the trade standoff with China?

And what next when it comes to the trade standoff with China?

Anthony Zirka. In the previous round of tit-for-tat tariffs between the world's two biggest economies, China ignored suggestions from the White House that it was open to doing a deal and instead upped its tariffs on US goods to 84%, much to the Trump administration's frustration. So how will China respond to these latest US tariffs of 125%? Here's our Beijing correspondent Stephen McDonnell.

Anthony Zirka. In the previous round of tit-for-tat tariffs between the world's two biggest economies, China ignored suggestions from the White House that it was open to doing a deal and instead upped its tariffs on US goods to 84%, much to the Trump administration's frustration. So how will China respond to these latest US tariffs of 125%? Here's our Beijing correspondent Stephen McDonnell.