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The World in Brief from The Economist

Trump eases pressure on American carmakers; White House calls Amazon “hostile”, and more

The World in Brief from The Economist

The Economist

News & Politics, Global News, Daily News, News

41.2K Ratings

🗓️ 30 April 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Donald Trump eased the pressure on American carmakers by signing an executive order to reimburse some levies on imported auto parts and exempt them from additional duties.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, you're listening to the free edition of the world in brief from The Economist.

0:11.2

As a reminder, if you subscribe to The Economist, you'll get access to a deeper look at the day ahead, updated three times a day.

0:20.1

If you're already an Economist subscriber,

0:22.6

visit Economist.com slash espresso or visit our espresso app to start listening. Here's today's

0:29.5

free edition.

0:35.3

This is the world in Brief from The Economist.

0:40.3

Our top stories.

0:44.3

Donald Trump eased the pressure on American carmakers by signing an executive order

0:50.3

to reimburse some levies on imported auto parts and exempt them from additional duties.

0:58.2

Leavies of 25% on foreign cars came into effect this month.

1:03.2

Tariffs on parts are due to begin on Saturday.

1:06.5

The reprieve reportedly comes after domestic manufacturers said they needed more time to relocate

1:13.1

supply chains. Amazon denied reports that it planned to display the costs of tariffs on products

1:20.9

sold through its marketplace. The White House earlier deemed the move a hostile and political act.

1:34.3

Jeff Bezos, the American tech giant's boss, had been courting Mr. Trump in recent months. China, which makes some 70% of Amazon's products, faces American tariffs as high as 145%.

1:42.3

Mark Carney's Liberal Party won Canada's general election.

1:48.3

It will fall just shy of winning a majority, but will still be the party of government.

1:53.8

Mr. Carney pledged to never yield to America, whose trade war has overshadowed the election.

2:00.6

Pierre Polyev, Mr. Carney's conservative rival, lost his seat.

2:07.3

America imposed sanctions on six firms in Iran and China,

2:11.4

accusing them of helping Iran procure chemicals for ballistic missile propellants.

2:17.1

Scott Besant, America's Treasury Secretary, said that Iran's missile development program

...

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