Trump sacks Waltz as US National Security Advisor

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• 00:04

  This is Andrew Peach with Business Matters here on the BBC World Service.

• 00:08

  Good to have your company.

• 00:09

  Today,

• 00:09

  President Zelensky says the agreement signed with the US on rare earth minerals is a truly equal partnership.

• 00:16

  But how much difference will it make?

• 00:18

  There's an adage in the mining business that rare earth minerals are actually not that rare.

• 00:24

  The rare part is the ability to process those minerals and make a usable end product out of those.

• 00:32

  The boss of Apple says US tariffs could cost the tech giant almost a billion dollars this quarter.

• 00:38

  We'll have more on that.

• 00:39

  We'll also hear about the impact they're having on small businesses.

• 00:42

  And the world's drinking less wine than it has for 20 years.

• 00:46

  So how is the Australian wine industry bearing up?

• 00:50

  Don't forget, we love it when you get involved.

• 00:51

  So do drop us a voice note or a message.

• 00:53

  You can WhatsApp plus 44 330 678.

• 00:59

  Or email world.business at bbc.co.uk.

• 01:05

  Throughout the programme, two guests on opposite sides of the world.

• 01:09

  Alexander Kaufman is the author of the newsletter Field Notes on Substack.

• 01:13

  He's in New York.

• 01:14

  Hi, Alexander.

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