Fears of global trade war

Shares in the US, Mexico and Canada have all opened down as businesses react with alarm to Mr Trump's trade tariffs. We answer audience questions about why the US has announced tariffs and hear from people who could be affected.

We speak to our correspondents to hear about the reaction in Mexico, China, Canada and Europe.

Presenter: Mark Lowen.

(Photo: A sign notifying customers that a store will stop selling U.S. liquor from Tuesday, in response to U.S. President Donald Trump's imposition of tariffs on Canada, is displayed on a shelf carrying U.S. alcohol in Winnipeg, Manitoba, Canada, February 2, 2025. Credit: Ed White/Reuters)