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Hello and welcome to News Hour from the BBC World Service.
I'm Celia Hatton, coming to you live from our studio in central London.
Well, it's not an exaggeration to say that globally the focus this hour is firmly on the White House.
For weeks, Donald Trump has been telling us that today is the day he would announce his grand plan for tariffs.
In the next few minutes, the US President is expected to announce sweeping tariffs,
which we can also describe as import taxes,
which could have far-reaching effects on every country that sells products to the US.
I'm looking at television screens that are ready to show the announcement live,
and I can see that the President has just left the White House.
He's shaking hands and he is walking towards the podium to make that announcement.
For now, though, let's remind ourselves that the President has long been a fan of tariffs.
This is what he told podcast host Joe Rogan back before the election in October.
To me, the most beautiful word,
and I've said this for the last couple of weeks in the dictionary today, is the word tariff.
It's more beautiful than love.
It's more beautiful than anything.
It's the most beautiful word.
This country can become rich with the use, the proper use of tariffs.
Well, I can see that the President has just arrived at the podium.