Trillions lost as Trump tariffs trigger market mayhem

特朗普关税引发市场动荡,损失数万亿

Business Matters

商务

2025-04-05

49 分钟
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单集简介 ...

Wall Street has just wrapped up one of its most volatile weeks in years, with investors rattled by Donald Trump’s sweeping new tariffs on global imports. The fallout? Trillions wiped from US stock markets—the S&P 500, Dow, and Nasdaq all plunging more than 5%, with tech stocks entering bear market territory. What does this mean for trade on the ground? Gene Seroka, head of the Port of Los Angeles—the busiest container port in the US—tells us how these tariffs could disrupt the flow of goods across the Pacific. As panic ripples through the markets, we ask: should people nearing retirement be worried? Maria Johannssen of AON breaks down the risks to global pension funds heavily invested in Wall Street. Also in the programme: TikTok gets yet another reprieve in the US. But who’s really in line to buy it? We look at the high-stakes politics and business deals shaping its future. And finally— our reporter gives us an insight into the thinking inside Microsoft, and the celebrations as it turns 50 years old.
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单集文稿 ...

  • Hello and welcome to Business Matters.

  • I'm Roger Hearing.

  • On the program today,

  • the latest on the markets as U.S. investors close out a week that saw trillions wiped off share values in reaction to Donald Trump's tariff announcement.

  • We'll hear from the boss of the largest container port in the U.S. on how it's all going to affect the imports coming through Los Angeles.

  • Plus, with so many pension funds invested in Wall Street,

  • how worried should those about to be retired be about the huge losses?

  • And as TikTok in the U.S. is given another stay of execution, who's bidding to take it over from the Chinese?

  • And I'll be joined throughout the program by two guests and opposite sides of the world,

  • Colin Peacock from Radio New Zealand, who's in Wellington.

  • Colin, a very good day, I suppose, to you.

  • Is it morning still?

  • It's lunchtime.

  • It's 1 p.m. here in the beating heart of the nation's capital.

  • Well, jolly good to have you there.

  • And thanks for being with us.

  • And across the other side of the world, Takara Small,

  • national technology columnist for CBC, who's coming to us from Toronto.

  • Takara, I'm pretty sure you're there in the evening, so I'll say a very good evening to you.

  • Thank you.