World Business Report

New import taxes have been placed on more than 60 trading partners of the United States. Businesses in Australia and Norway give us their reaction
Tech stocks continue to struggle
and should AI have a 'kill-switch'
Presenter: Barbara George
Editor: Justin Bones

US President Donald Trump has announced 10-12.5% import taxes for 60 countries, including China and the EU. It comes months after the Supreme Court overturned his initial programme of tariffs. So what countries are being targeted now, and why?
As Houthis in Yemen resume attacks in the Red Sea, oil hits $100 a barrel once more.
And weeks on from Venezuela's devastating earthquakes, the World Bank estimates the country has seen almost $20 billion of damages.
(US President Donald Trump speaks during a press briefing at the White House, following the Supreme Court's tariff ruling, February 20, 2026. Credit: Reuters/Elizabeth Frantz)

The price of oil has gone back above $100 a barrel which could mean higher prices at the pump. It's after attacks on at least one tanker in the Red Sea by Iranian-backed Houthis
Plus a shortage of eggs in Myanmar has led to prices soaring
and the footballers rewarded for winning the world cup in Tomatoes
Presenter: Gideon Long
Senior Producer: Naomi Rainey
Editor: Justin Bones

Why OpenAI technology 'went rogue'? According to IT giant, some of its most advanced AI models went rogue and hacked a start-up after it lost control of them during a security test.

Russia is feeling the economic impact of its war with Ukraine after drone attacks destroyed warehouses belonging to the country's biggest online retailer. We hear from the business owner who lost all her money.

And we look at why Japan is urging men to wear shorts to work.
(Picture: OpenAI says AI agent exploits vulnerabilities in security test, Berlin, Germany - 22 Jul 2026. Credit: EPA/Shutterstock)

New 25% US tariffs on selected Brazilian imports are raising trade tensions. What impact could they have on Brazil's economy?
Also in the programme Malaysia's ambition to become Southeast Asia's next data centre powerhouse.
And why a campaign encouraging Japanese office workers to wear shorts is causing controversy.
Presenter: Gideon Long Producer:
Barbara George
Editor: Naomi Rainey.