US announces new tariffs for dozens of countries
Global News Podcast
BBC
4.2 • 7.8K Ratings
🗓️ 1 August 2025
⏱️ 31 minutes
🧾️ Download transcript
Summary
President Trump's new tariffs on more than 90 countries will come into effect next Thursday, unless trade deals are negotiated before then. Also: Donald Trump's special envoy, Steve Witkoff, inspects aid sites in Gaza, sacred jewels linked to the Buddha are returned to India, and the Edinburgh Festival begins.
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Transcript
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| 0:00.0 | This is the Global News podcast from the BBC World Service. |
| 0:05.1 | I'm Andrew Peach and at 13 hours GMT on Friday the 1st of August, these are our main stories. |
| 0:12.1 | The US announces sweeping new tariffs on imports from dozens of countries. |
| 0:17.2 | They've been met with relief by some and with disappointment elsewhere. |
| 0:21.4 | As President Trump's special envoy, Steve Whitkoff, inspects age sites in Gaza. |
| 0:26.4 | We have a special BBC investigation on the children who've been shot since the start of the war. |
| 0:34.0 | Also in this podcast, South Korea's former president resists attempts to take him from his prison cell by lying on the floor in his underpants. |
| 0:42.4 | And... |
| 0:43.2 | It's like a little collection of very sort of sacred objects. Some of them are actually human remains, burnt bone. These were believed to be the Buddha's own, hence the importance of this. |
| 0:53.8 | Sacred jewels linked to the Buddha. I'll believed to be the Buddha's own, hence the importance of this. Sacred jewels linked to the Buddha, our return to India. |
| 1:00.9 | Back in April, Donald Trump stunned the world by announcing sweeping new import tariffs, causing chaos in the financial markets. |
| 1:09.1 | For the United States, it marked a shift from decades of free trade towards a new era of |
| 1:14.4 | protectionism. |
| 1:15.7 | In the months that followed, some of the rates have been reduced by a negotiation, but now |
| 1:20.0 | he's announced tariffs on imports from about 70 countries that haven't yet reached a trade |
| 1:24.9 | deal with the US. |
| 1:26.2 | Most of them are due to come into effect in seven days, leaving the door open for more talks. |
| 1:31.8 | As we record this podcast, European markets have fallen, |
| 1:35.2 | with French and German stocks particularly hit, falling around 2%. |
| 1:39.5 | I've been talking to our Deputy Economics editor, Darshini David. |
| 1:43.7 | The detail is dizzying. |
| 1:44.9 | It feels like another day, another raft of tariffs from President Trump. |
... |
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