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Welcome to Navarra Live. I'm Michael Walker.

And tonight we are sticking with the biggest story in the

world right now, which is Donald Trump's trade war continuing to wreak havoc. We're also going to

discuss whether the trade war that Trump started with China, he could lose. Could China actually win it?

In the second half of the show, we'll discuss

Parliament being recalled to debate steel nationalisation, and Donald Trump is proving

to right wing and for Joe Rogan of all people. This is not a trade-related story. It's about a really

disgraceful actually deportation that Trump did a while back. The Supreme Court have urged he

change course. Our first story, even if it was chaotic and completely unplanned, Donald Trump

pulled a bit of a trick on Wednesday. That's because he ramped up his trade war with China to nuclear levels,

but because at the same time, he dropped tariffs on everyone else, the move was actually

cheered by the financial markets. That's unusual. You blow up trade between the world's two

biggest economic powers and the financial markets say, brilliant, great. However, we're now two days later

and reality has very much kicked back in. Of course, whatever happens to US tariffs on the rest

of the world, ending all trade between the world's two biggest economies will still do an

awful lot of damage. And that's been made ever more obvious as Beijing makes clear

it will not buckle first in this high stakes game of chicken. So in response to Trump's tariffs on,

or Trump's tariffs of 145% on Chinese goods, China has now raised their tariffs on the US to 125%.

And investors are once again getting jittery

about the US economy. The dollar is down as investors are switching to gold and movements in the

...