US Places Metal Tariffs on Key Allies

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The US is to impose tariffs on steel and aluminium imports from the EU, Canada and Mexico. Charles de Lusignan is spokesman for the EU steel trade body Eurofer, and gives us his reaction. Also in the programme, we have a report from India where economic growth has accelerated to 7.7%. In his latest Brexit letter for our programme, the BBC's business editor, Simon Jack, looks at the impact of the UK leaving the EU on London's role as Europe's leading financial centre. We hear from Switzerland where traditional watchmakers are battling to compete with the rise of the Apple Watch. Plus, as Michael Bond's last Paddington bear story is published posthumously, we hear from the author's daughter Karen Jankel about the enduring appeal of her father's creation. (Picture: Rolls of steel. Picture credit: Getty Images.)