World Business Report, China retaliates with extra tariffs on US goods

World Business Report

China retaliates with extra tariffs on US goods

April 4, 2025

26 minutes

Available for 28 days

Global stock markets have continued to plunge in response to President Trump's tariff announcement. This comes as China has announced retaliation tax of 34% against the United States for the tariffs imposed by President Donald Trump.

However, India is taking a different approach to China, although it was hoping to reach a deal with the US before Trump imposed 27% tariffs. Rob Young will hear from a former India Commerce Secretary. And what does it mean for Lesotho, the 50% tariffs imposed on the small Southern African country? The CEO of the Private Sector Foundation of Lesotho explains.

And the final countdown to another TikTok ban is on, and 170 million US users' scrolling and posting is hanging in the balance again.