Tariffs and Touts

Wake Up to Money

BBC

Business

4.4 • 754 Ratings

🗓️ 16 April 2025

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sean Farrington discusses the latest on tariffs. He takes a look at how ticket touts are impacting the live events industry and the government's commitment to tackle the issue.

Transcript

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0:00.0	You're about to listen to a BBC podcast, but this is about something else you might enjoy.
0:05.4	My name's Katie Lecky and I'm an assistant commissioner for on demand music on BBC Sounds.
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0:22.4	helping you nod off, boogie in your kitchen, or even just a moment of calm. And they're all put
0:28.3	together by people who know their stuff. So if you want some expertly curated music in your life,
0:35.0	check out BBC Sounds.
0:41.3	BBC Sounds, music, radio, podcasts.
0:45.1	Wake Up to Money from BBC 5 Live.
0:50.5	Hello, welcome to Wake Up to Money, where the tariff roller coaster continues.
0:55.3	We want to make our chips and semiconductors and other things in our country.
1:01.3	President Trump saying tariffs on imported semiconductors coming soon, pharmaceuticals, next car companies acting will hear from the US this morning on Wake Up to Money. What for a US-Uk
1:07.2	trade deal after the US Vice President J.D. Vance saying there's a good chance one can be
1:12.2	agreed. And how much are you willing to pay to see your favourite band or artist? We're going to hear
1:16.6	about one campaign trying to prevent the industrial scale online ticket touting.
1:21.1	Wake up to money with Sean Farrington. Good morning to you. It is Wake Up to Money on BBC 5 live where we are. Wednesday morning, the 16th of April. It is just after 5 o'clock. And as we're just coming on air, see lines on the newswires of Honda Motor, shifting more production of its US-bound five-door civic hybrid model from Japan to Indiana.
1:48.6	The spokesperson at the business has been saying just in the last few minutes.
1:53.8	Production near Tokyo set to end in June or July.
1:57.2	Of course, we're hearing about car makers being concerned, about movements around the world on the back of Donald Trump's tariffs, taxes on those imports that are into the United States.
2:10.8	The car industry, just one of those in a long, long list, but perhaps one of those near the top of the list being impacted the most by the consequences of that.
2:19.5	So we're starting to hear more from some of these businesses about doing more production in the United States.
2:28.0	Is it going to play out?
	...

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