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Global News Podcast

Higher US tariffs on hold but China trade war grows

Thu, 10 Apr 2025

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President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs, but a trade war with China has escalated. Also: Inuit people accuse adventurer of ignorance over Baffin Island trek claim.

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Transcription

Chapter 1: What is the main topic of this episode?

00:58 - 01:23 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

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01:37 - 01:49 Helen Molesworth

Also in this podcast... We have a series of jewels here from Gloria Swanson from the 1930s, Grace Kelly, an engagement ring and her tiara, a necklace that belonged to Elizabeth Taylor.

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Chapter 2: Why did Donald Trump pause US tariffs?

01:49 - 02:20 Janet Jalil

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.

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02:20 - 02:44 Janet Jalil

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.

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02:44 - 02:49 Janet Jalil

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

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02:49 - 03:03 Donald Trump

Sie wollen alle einen Deal machen. Jemand musste das tun, was wir gemacht haben. Und ich habe einen 90-Tage-Pause für die Leute gemacht, die nicht verteidigen konnten. Weil ich ihnen gesagt habe, wenn sie verteidigen, werden wir es doppeln. Und das ist das, was ich mit China gemacht habe, weil sie verteidigen konnten. Also, wir werden sehen, wie es alles funktioniert.

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00:00 - 00:00 Donald Trump

Ich denke, es wird großartig funktionieren. Ich denke, dass unser Land am Ende eines Jahres oder kürzer wird. Aber ich denke, wir werden etwas haben, was niemand hätte erwartet.

Chapter 3: How has the trade war with China escalated?

03:13 - 03:28 Janet Jalil

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.

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03:29 - 03:55 Chuck Schumer

Das ist eine Regierung durch Chaos. Er ändert sich von Tag zu Tag. Seine Vorsitzenden kämpfen unter sich selbst, nennen sich einander. Und man kann ein Land nicht mit so einem Chaos, mit so einer Unvergesslichkeit, mit so einer Unvergesslichkeit, mit so einer Unvergesslichkeit, mit so einer Unvergesslichkeit,

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03:56 - 04:06 Janet Jalil

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

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Chapter 4: What is the impact of tariffs on businesses?

04:06 - 04:28 Anthony Zirka

It is a pause, but it's not a pause. Obviously it was well received by the markets. This is what investors seem to want. Donald Trump suspending the larger of his tariffs, reciprocal tariffs, on many of America's closest trading partners. But it's still... ein 10% Baseline-Tarif auf jeden und diese massiven neuen Tarife auf China.

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04:28 - 04:46 Anthony Zirka

Also war es ein Veränderung, vielleicht ein strategischer Rücktritt, ob Donald Trump das als sein Plan von Anfang an geplant hat, was man von der White House hört, oder ob das eine Reaktion zu sinkenden Stockmärkten und Bondspreisen war, die ich glaube, nur Donald Trump weiß.

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04:47 - 04:59 Janet Jalil

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.

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05:00 - 05:12 Anthony Zirka

Yes, Scott Besant, the US Treasury Secretary, said that there was stability now. And I think it's difficult to see any kind of stability or predictability in what the White House is doing.

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00:00 - 00:00 Anthony Zirka

Even the announcement of this suspension of tariffs raised more questions initially than it answered, who it was applying to, what exactly the new baseline would be, whether Canada and Mexico were included in these new tariffs or not. And it took a while for the White House to kind of

00:00 - 00:00 Anthony Zirka

Das ist genau die Art von Ungewissheit, die es sehr schwierig macht, für Unternehmen in den Vereinigten Staaten, zum Beispiel, um Investitionen in domänische Produktionen zu machen, wie sie von der Trump-Weithaus-Fraktion ermutigt wurden.

00:00 - 00:00 Anthony Zirka

Und für freie Länder, um ihre Policien zu organisieren und freie Unternehmen zu versuchen, zu entscheiden, ob Export in den Vereinigten Staaten Sinn macht, wenn sie nicht wissen, was die Tarife in 90 Tagen aussehen werden, aber vielleicht sogar weniger Zeit als das.

Chapter 5: What are the political responses to US trade policies?

06:00 - 06:22 Janet Jalil

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?

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06:24 - 06:46 Anthony Zirka

Well, there have been moves by Congress to roll back some of Donald Trump's tariff powers. You have to remember that tariffs really are the responsibility of the US Congress. They should be enacted in law. But the Congress years ago gave the president these emergency powers to put tariffs in. And Donald Trump has taken those powers and run with it. There's been a move in the US Senate.

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06:47 - 07:27 Anthony Zirka

Vielen Dank. Das wird es sehr schwierig für den Kongress zu machen, diese Art von Restriktionen auf Donald Trumps Tarifmöglichkeiten zu geben. Also, während es wachsende Unabhängigkeit gibt, besonders als der Stockmarkt wachsend war, wachsende Unabhängigkeit über Donald Trumps Handelspolizei und Polls, die zeigen, dass Amerikaner und amerikanische Voter...

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07:28 - 07:37 Anthony Zirka

getting concerned and disapproving of what Donald Trump was doing it doesn't look like Congress is going to move in any sort of definitive way to change this policy

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00:00 - 00:00 Janet Jalil

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

00:00 - 00:00 Anthony Zirka

That is the big question that's looming now. It doesn't seem like either side is willing to blink. It's an escalation, in fact. As the United States puts new tariffs on, China responds. And then Donald Trump adds new tariffs and China responds to that. This is no longer... Was sind die Situationen, in denen Sie beide Seiten zu sitzen und zu negotieren erwarten?

00:00 - 00:00 Anthony Zirka

Amicably, das scheint viel mehr wie ein extender Face-Off, wo beide Seiten Schmerzen fühlen werden. Und die Frage ist, welcher Seite zu diesem Schmerz zuerst aufkommt.

00:00 - 00:00 Janet Jalil

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.

00:00 - 00:00 Stephen McDonnell

Well, it's still very early in the morning here in Beijing, but no doubt what the Chinese government will say is that, look, other countries shouldn't be expected to feel grateful just because Donald Trump eased up on some of the chaos that he's responsible for in the first place.

Chapter 6: How is Germany's political landscape changing?

08:56 - 09:18 Stephen McDonnell

They'll also say that everything they've been saying to this point about the damaging nature of tariffs remains true today, perhaps even more so. For ordinary Chinese people, I think what they'll take from this is that Es ist wahrscheinlich, dass es an irgendeinem Punkt zwischen Beijing und Washington geschlossen wird. Nun, die Frage ist, woher der Trigger kommt.

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09:18 - 09:40 Stephen McDonnell

In der Zwischenzeit weiß Beijing, dass Donald Trump versuchen wird, sie zu wecken, um China als den schlechten Mann in diesem Szenario zu verleihen. Ich denke, sie versuchen wahrscheinlich, es auszuweichen, bis das passiert. while the pantomime, as they would see it, plays out in Washington, and then that eventually an off-ramp will present itself and they'll take it.

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09:40 - 10:03 Stephen McDonnell

The tariffs going both ways now from China to the US are so high anyway, it kind of wouldn't matter how much you raise them, according to some analysts. It's already so damaging for any company that wants to trade either way. The pressure is already there. Obviously the damage is going to cut both ways and pressure is going to come to bear both ways.

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10:03 - 10:11 Stephen McDonnell

Beijing has argued that it can, like I say, it's been telling its own people that it can ride this out, just as I suppose Donald Trump is saying the same to his people.

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Chapter 7: What happened in the Dominican Republic nightclub collapse?

10:12 - 10:49 Janet Jalil

Stephen McDonnell in Beijing. However, the Christian Democrats have formed a coalition with the Social Democrats who came third, even as for the first time the AfD has topped an opinion poll. Here's our Europe regional editor, Paul Moss.

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10:49 - 11:42 Paul Moss

Untertitelung des ZDF für funk, 2017 Untertitelung des ZDF für funk, 2017 Under pressure to get their act together, the Christian Democrat leader Friedrich Merz announced that the two parties had reached a coalition agreement. And Mr. Merz had a message, he said, for President Trump.

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11:42 - 11:52 Friedrich Merz

Germany is back on track. Germany will fulfill the obligations in terms of defense. And Germany is willing to strengthen their own competitiveness.

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11:53 - 12:17 Paul Moss

Of course, it's not just the US that the new German government has to convince. The far-right Alternative for Deutschland Party was excluded from coalition talks. But by chance, a survey out on Wednesday for the first time showed it to be the country's most popular. The AfD's many supporters will be furious to see the country's two established parties once again join forces in government.

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00:00 - 00:00 Paul Moss

Political stability in Germany is likely to remain elusive.

00:00 - 00:00 Janet Jalil

Paul Moss, as we record this podcast, rescue workers in the Dominican Republic say they believe there are at least 20 bodies remaining under the collapsed roof of a nightclub. The remains of 124 people have been recovered so far, two days after the accident at the Jet Set Club in the capital Santo Domingo. People are desperately waiting for news of their loved ones. Cesar is one of them.

00:00 - 00:00 Cesar

Everyone here who is waiting for his family, you can see it in their faces, everyone here is pure sadness. We've been to like five hospitals and it's the same thing everywhere. What they're doing is, you just have to print the picture and give it to them and they verify. And if they do think it's your family or your loved one, then they take you to them.

00:00 - 00:00 Janet Jalil

Our correspondent Will Grant has been watching the rescue efforts and gave us this update.

00:00 - 00:00 Will Ross

In front of me are two huge cranes still lifting debris and rubble out of the site and loading them onto trucks. There is earth moving equipment in there too and of course an absolute hive of activity made up of emergency service workers, rescue teams, soldiers and police. Und was wissen wir von denen, die gestorben sind?

Chapter 8: Why is a British adventurer facing backlash?

13:59 - 14:24 Will Ross

Well, there were some very well-known figures in Dominican society, starting not least with Ruby Perez, the singer who was performing that night and a hugely popular artist in the Dominican Republic. As well, there were two former MLB baseball players. They were both... Any clue yet as to how this roof came to collapse so completely?

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14:46 - 15:04 Will Ross

That is the question that the authorities say they will get to in time. They're fully focused for the time being on purely the search and rescue effort. There was a fire in the building just two years ago and a lot of fingers of blame are being pointed at that, at structurally weakening the building.

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15:04 - 15:11 Will Ross

But the investigations are ongoing and the venue's owner says he is complying with it fully and transparently.

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15:12 - 15:36 Janet Jalil

Will Grant in the Dominican Republic. A British adventurer who made headlines after she claimed to be the first woman to travel alone across Canada's largest island is facing a backlash from indigenous groups who accuse her of displaying privilege and ignorance and a dangerous colonial attitude. They've pointed out that Inuit women have been making the same journey for generations.

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00:00 - 00:00 Janet Jalil

Camilla Hempelmann-Adams, the daughter of a renowned adventurer, has apologised for the distress she's caused. Peter Goffin reports.

00:00 - 00:00 Peter Bowes

It is, by any measure, a great accomplishment to trek Baffin Island. 500 square kilometers of craggy, icy, sparsely populated terrain at the edge of the Arctic Circle, where even in early spring temperatures can fall to 40 degrees below zero Celsius. The problem, say indigenous advocates, is that Camilla Hempelmann Adams claimed to be unique.

00:00 - 00:00 Peter Bowes

That in crossing the Uxayuc Pass last month, walking 240 kilometers across the island on her own, she had done something no woman had ever done. She spoke to the BBC before setting off on her journey.

00:00 - 00:00 Camilla Mills

Such a beautiful place and I just love to be able to challenge myself with its remoteness and extreme environment. I just thought, wow, maybe I can push myself, push those boundaries. Why not give it a go? Baffin was calling my name. It's always been a place I've loved.

00:00 - 00:00 Peter Bowes

Ms. Hempelmann-Adams sagte, Parks Canada, die Regierungsabteilung, die die Reise betreibt, hat ihr gesagt, dass es keinen historischen Rekord gab, dass eine Frau die Reise alleine gemacht hat.

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