US and China: Are we set for a trade war after Donald Trump win?

Business Matters

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.