2024-11-07
49 分钟President elect Donald Trump is promising to increase tariffs of 60% on goods coming into the US from China. We discuss whether this will lead to a trade war between the two economic superpowers. Presenter Rahul Tandon assesses the economic fallout from Donald Trump’s big win over Kamala Harris in the US Presidential race. We explore what this means for the future of relations with China and the issue of tariffs. Bitcoin and the US dollar also reached record highs. We hear why from a US based fintech company. The German Chancellor Olaf Scholz has sacked his finance minister. We assess what this means for the country's shaky coalition government and will it lead to a snap election next Spring.
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Hello and welcome to Business Matters here on the BBC World Service.
I'm Rahul Tanden.
One big story that we're looking at as we have been doing across the world service here on Wednesday and now, of course, it is Thursday morning here in the UK that is the election re election of Donald Trump.
He will be the next president of the United States.
We're going to get lots of different reaction to this.
We've got two guests.
We normally go to opposite sides of the world, but on a day like this, we've decided that both guests should be in the US the world's largest economy.
We have Maya McGuinness, president of the Washington based nonprofit organization the Committee for a Responsible Federal Budget.
First time on the program.
What a good date to choose.
It's quite a busy one.
Maya, you're there in Washington.
Lots of chatter, lots of conversations taking place, I presume as people digest the results.
Oh, yeah.
It is quite a day here in Washington.
A lot to process, A lot of surprises.
A lot of people walking around with slightly stunned look on their faces because things turned out so differently than many folks were expecting.