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The World in Brief from The Economist

Trump to double steel tariffs; Hamas seeks amendments to ceasefire plan, and more

The World in Brief from The Economist

The Economist

News, Global News, News & Politics, Daily News

4.11.2K Ratings

🗓️ 1 June 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Eight members of the OPEC+ oil cartel said they would sharply increase production

Transcript

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0:00.0

The Economist.

0:07.2

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

0:13.5

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0:19.4

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0:23.5

you'll get access to a deeper look at the day ahead,

0:25.5

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0:30.0

You'll also get access to the rest of our award-winning podcasts.

0:32.1

If you're already a subscriber,

0:35.8

visit economist.com slash the world in brief.

0:38.9

Or visit the Economist app to start listening.

0:40.8

Here's today's free edition.

0:48.5

This is the World In Brief from The Economist.

0:54.8

Our top stories. Donald Trump said he would double tariffs on aluminium and steel imports to 50%.

1:00.4

The president said the new rates could come into effect on Wednesday

1:03.9

and would further secure America's steel industry.

1:07.4

Despite Mr. Trump's claims, the tariffs are unlikely to help raise domestic production of the metals and will probably be painful for many American companies.

1:17.6

Hamar said it was seeking amendments to America's proposal for a Gaza ceasefire.

1:21.6

Steve Whitkoff, Mr. Trump's envoy, called the militant group's response totally unacceptable.

1:26.6

Under the deal,

1:28.3

several Palestinian prisoners would be swapped for 10 Israeli captives and the return of 18 bodies,

1:33.4

but Amar says it also wants Israel to withdraw from Gaza and a permanent end to the war.

1:40.2

Eight members of the OPEC plus oil cartel said they would sharply increase production.

...

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