Trump signs landmark policy bill into law

特朗普签署了一项具有里程碑意义的政策法案成为法律。

Business Matters

2025-07-05

49 分钟
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President Trump has signed his flagship policy bill into law, slashing taxes and welfare while increasing funding for the military and immigration enforcement. But what impact will this have on the U.S. economy and its global relationships? As new tariffs threaten EU agricultural exports, can trade deals be secured before tensions escalate? Plus, we take a look at Velvet Sundown — the mysterious band pulling in over 850,000 monthly Spotify listeners without a single live performance, interview, or identifiable member.
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  • And this is Andrew Peach with Business Matters here on the BBC.

  • Today, despite the doubts of some of his own supporters...

  • President Trump has signed his package of tax and spending cuts into law on Independence Day.

  • Meanwhile,

  • time is running short for some of the US's trading partners to strike trade deals before tariffs kick in.

  • We're going to focus on Japan and the EU.

  • There are rumours of a skeleton deal which keeps the 10% baseline tariff.

  • There's rumours of a 17% US tariff on EU food that may or may not be on top of the 10% or the 20% baseline tariff.

  • Later, good news if you're travelling and have some luggage you'd quite like to take with you.

  • And after 16 years, Oasis are back.

  • It was amazing.

  • I loved it so much.

  • Supernova!

  • I came all along from Estonia and I felt in love, really.

  • Now don't forget we love hearing from you on business matters so

  • if you'd like to get involved drop us a voice note or a message on whatsapp we are plus 44 330 678 3033 on email it's world.business at bbc.co.uk.

  • Throughout the show two guests on opposite sides of the world welcome to Takara Small tech columnist with the CBC who's live with us from Toronto.

  • Hi Takara.

  • Hello.

  • And Peter Ryan is a veteran business journalist who's just retired from the ABC in Sydney.