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Newscast

Trade Wars: EU Hits Back At Trump

Newscast

BBC

Politics, Daily News, News

4.36.6K Ratings

🗓️ 12 March 2025

⏱️ 37 minutes

🧾️ Download transcript

Summary

Today, we look at responses and retaliations to President Trump’s universal tariffs on steel and aluminium.

Adam is joined by Caitríona Perry, Chief Presenter BBC News in Washington, and Dharshini David, chief economics correspondent to discuss retaliatory tariffs from the EU and Canada, as well as Keir Starmer’s response.

Plus, Russia is “studying” the proposed plan for a 30-day ceasefire with Ukraine. Chris Steele, former head of the Russia Desk at MI6, discusses how the Kremlin will approach any negotiation.

You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://discord.gg/m3YPUGv9

New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bit.ly/3ENLcS1 Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Miranda Slade and Anna Harris. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The editor is Sam Bonham.

Transcript

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0:00.0

BBC Sounds, Music, Radio, podcasts.

0:05.2

Hello, we're recording this episode of newscast at 6.30 on Wednesday evening, but I'm thinking

0:09.8

back to about 7pm on Tuesday evening when we finished recording the last episode.

0:14.7

And it felt like a really momentous moment when those talks finished between the US and Ukraine

0:19.9

in Jeddah. And basically, it looked like the US and Ukraine in Jeddah, and basically it looked like the

0:21.9

US and Ukraine had a settled position. And that was kind of important and exciting to report on.

0:28.2

But then all night I was thinking, well, hang on. What really matters is then what happens with the

0:32.4

Russian reaction to that, because actually they're the other side of the table. It's not

0:37.2

US-Ukraine negotiations. It's

0:39.6

going to ultimately be negotiations involving Russia. So in the second half of today's episode of

0:44.3

newscast, we're going to speak to somebody who knows a lot about how the Russian machine operates

0:48.3

because he's dealt with them and he's also read War and Peace in the original Russian.

0:53.2

So that's what you'll hear in the second half

0:55.1

of this episode of Newscast. The first half will be about the latest on Donald Trump's

0:59.9

economic policy and the massive ripples it's having around the world. Newscast. Newscast from the BBC.

1:06.0

I like landscapes. I don't think I'm being rude. Japping, unemployed people who are overweight. That is not the agenda.

1:12.0

It's the fun police working overtime. The star is born, Elon.

1:16.2

Soul hurts that a miracle that does happen. Frankly, I think we need a British Trump.

1:20.1

Take me down to Downing Street. Let's go have a tour. Blimey.

1:24.8

Hello, it's Adam in the newscast studio. And we're going to start by talking about Donald Trump's trade policy, because that's the thing that's driving the world news this week.

1:33.3

So the latest we've got on Wednesday is that the US and Canada kind of backed down on some of the stuff that they were considering on Tuesday. However, Donald Trump has

1:46.9

introduced a global tariff, so a tax on imports of steel and aluminium, into the US. So that

...

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