U.S. President Donald Trump is threatening to put a 50% tariff on Brazilian imports. Brazil says it will retaliate with a 50% tariff of his own. So what does this escalating trade row mean for Embraer—one of the world’s biggest aircraft manufacturers based in Brazil? And could it make your morning cup of coffee more expensive?Italian chocolate giant Ferrero is buying one of America's oldest breakfast cereal companies, Kellogg's in a $3.1 billion deal. But are people still eating cereals for breakfast? Plus, how are data centres affecting your water supply?
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Trade, not aid, for Africa
As the UK government targets developing nations with new trade measures, we hear from trade minister Douglas Alexander on whether it can prove to be a workable lifeline for African countries affected by western states cutting their international aid budgets. David Harper speaks to Dr.John Asafu-Adjaye of the African Centre for Economic Transformation in Ghana on how US president Donald Trump's 'trade not aid' policy is being received on the world's second largest continent. Elsewhere we find out how the price of coffee could rise sharply with The White House's threat to put 50 per cent tariffs on imports from Brazil. And will recent cyberattacks and power cuts ensure many countries don't turn away from the old fashioned fall back of cash. The latest business and finance news from around the world, on the BBC.
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Trump plans to impose 50% tariffs on Brazil
The US president, Donald Trump, has made public the tariffs he intends to slap on imports from another group of countries, including Brazil, from the start of August.
The chipmaker Nvidia has become the first company in the world to reach a market value of $4tn on Wednesday. David Harper hears from experts.
And Donald Trump has said the United States is shifting from aid to trade in its relationship with Africa as he welcomed five presidents from the continent to the White House.
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"Now we do copper" - Donald Trump targets the crucial metal in a trade war
What could the threat of a 50% tariff mean for Chile's copper producers as prices for the metal hit a record high in the US?Also, why is the price of solar panels falling if demand is still growing?And we're at the largest agricultural show in England to hear what's on the mind of farmers.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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Trump threatens tariffs on copper
The US President Donald Trump has pledged a 50% tariff on imports of copper, which is critical to electric vehicles, military hardware, semiconductors and a wide range of consumer goods. Sam Fenwick hears from experts in the industry.
Also, shares in major US renewable companies took a hit after the President signed an executive order tightening their access to clean energy tax breaks.
Plus how WeightWatchers, the weight management business, has emerged from a major debt restructuring.
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