US and German talks

美德会谈

Business Matters

商务

2025-06-05

49 分钟
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The new German Chancellor Friedrich Merz is expected to meet with US President Donald Trump on Thursday to discuss tariffs and the war in Ukraine. A report by the US Congressional Budget Office in Washington found Wednesday that President Donald Trump’s tax bill adds $2.4 trillion to US debt. Also, Rahul Tandon looks at the impact that hackers are having on some of the world's best-known retailers and other brands – North Face, Cartier and Victoria Secret are the latest companies being targeted. Throughout the programme, Rahul Tandon will be joined by two guests on opposite sides of the world: Karen Percy, a senior freelance reporter in Melbourne, Australia, and Walter Todd, President & Chief Investment Officer, Greenwood Capital, based in South Carolina, US.
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  • Welcome to Business Matters here on the BBC World Service with me, Rahul Tandon.

  • Plenty coming up on the programme.

  • We're going to be talking about how China's control of rare earths is causing problems for some European car manufacturers.

  • Why is the US debt getting bigger and bigger?

  • And cybercrime a growing threat.

  • We're going to hear about one of the gangs.

  • that is behind it.

  • As always, we have two guests from opposite sides of the world.

  • We have Karen Percy, independent journalist based in Australia.

  • How are you, Karen?

  • Oh, I'm very well.

  • I'm very pleased to hear that the Australian economy is growing just ever so slightly,

  • despite everything that's going on.

  • How much is it growing?

  • Point two percent.

  • So the treasurer, Jim Chalmers, has been beating his chest about, hey,

  • we're at least going slightly forward when the rest of the world perhaps is not.

  • But definitely lots of potential headwinds in Australia.

  • And I know that's the case all over the world.

  • So everybody watching and waiting to see what what might happen next in the White House.