World Business Report

Trump announces new 10% global tariff after Supreme Court ruling

Donald Trump calls the US Supreme Court's decision to strike down his sweeping tariffs "deeply disappointing" as he announces a new 10% levy on global imports. In this special programme we take a closer look at that Supreme Court ruling, with reaction from businesses and global trade experts...and from the toy company which took on President Trump to win the case. And will companies have a fighting chance of gaining compensation for the money they feel they have lost due to tariffs? We hear from one lawyer in Washington D.C who leads an International Trade department. (Picture: U.S. President Donald Trump, holds a press briefing at the White House, following the Supreme Court's ruling, in Washington, D.C., U.S., February 20, 2026.Credit Reuters/Kevin Lamarque).

Trump announces new 10% global tariff after Supreme Court ruling

Donald Trump calls the US Supreme Court's decision to strike down his sweeping tariffs "deeply disappointing" as he announces a new 10% levy on global imports. In this special programme we take a closer look at that Supreme Court ruling, with reaction from businesses and global trade experts...and from the toy company which took on President Trump to win the case. And will companies have a fighting chance of gaining compensation for the money they feel they have lost due to tariffs? We hear from one lawyer in Washington D.C who leads an International Trade department. (Picture: U.S. President Donald Trump, holds a press briefing at the White House, following the Supreme Court's ruling, in Washington, D.C., U.S., February 20, 2026.Credit Reuters/Kevin Lamarque).

Trump announces new 10% global tariff after Supreme Court ruling

Donald Trump calls the US Supreme Court's decision to strike down his sweeping tariffs "deeply disappointing" as he announces a new 10% levy on global imports. In this special programme we take a closer look at that Supreme Court ruling, with reaction from businesses and global trade experts...and from the toy company which took on President Trump to win the case. And will companies have a fighting chance of gaining compensation for the money they feel they have lost due to tariffs? We hear from one lawyer in Washington D.C who leads an International Trade department. (Picture: U.S. President Donald Trump, holds a press briefing at the White House, following the Supreme Court's ruling, in Washington, D.C., U.S., February 20, 2026.Credit Reuters/Kevin Lamarque).

US Supreme Court strikes down Trump tariffs

We have the latest from New York with the BBC's Michelle Fleury. And we hear from Beth Benike, the owner of Busy Baby baby products in Minnesota. Plus we ask Diane Swonk, KMPG's Chief US Economist what this all means for the US economy?

Nationwide union strike in Argentina over labor reforms

Buenos Aires comes to a halt as workers stage another general strike over labor reforms - with protestors gathering outside Congress, as politicians inside debated. We hear the latest from the ground. US imports continued to outpace exports last year, pushing the country’s trade deficit to a record high of about 1.2 trillion dollars. Meanwhile, Canada has narrowed its trade deficit thanks to aerospace exports. We speak to the president a Miami‑based consultancy that looks at trade figures. And Nestle has unveiled its full year results - announcing it was streamlining its operations, including selling its remaining ice cream business to Haagen-Dazs owner Froneri. We hear from someone who represents investors in Nestle as a fund manager with the Lichenstein State Bank and ask if recent baby formula controversy has damaged the company's overall financial position. (Picture: Demonstrators take part in a protest outside Argentina's National Congress on the day lawmakers discuss labor reforms proposed by President Javier Milei's in Buenos Aires, Argentina February 19, 2026. Credit: REUTERS/Agustin Marcarian).