Donald Trump's new tariffs and the Middle East

Donald Trump's new tariffs and the Middle East

Author: The National News July 30, 2025 Duration: 19:27
New US tariffs are coming into effect this week. US President Donald Trump's newest deadline of August 1 is his latest attempt to secure trade agreements with vital global economies – and bring in more revenue for the US. Take Monday’s deal between the US and the EU. They avoided a trade war by agreeing that the EU would pay 15 per cent tariffs on most goods – half the rate that Mr Trump had threatened. But other big shifts are also taking place. US tariffs are pushing international exporters to find more reliable trade partners, and countries in the Middle East are stepping up to the plate. On this episode of Business Extra, host Salim Essaid hears from Simon Evennet, a professor of geopolitics and strategy at the IMD business school in Stockholm, to understand what this means for the region. Editor’s note: We want to hear from you! Help us improve our podcasts by taking our two-minute listener survey. Click here.

Tune into Business Extra for a clear-eyed look at the forces shaping commerce in the Middle East and beyond. Produced by The National News, this podcast moves past the headlines to deliver substantive conversations with the analysts, executives, and innovators driving change. Each episode leans on the deep regional expertise of our editors and reporters, who translate complex developments in markets, energy, and technology into accessible insights. You’ll hear grounded discussions that connect local trends to global patterns, offering a necessary perspective on one of the planet's most dynamic economic landscapes. Whether it's a shift in oil policy, a tech startup's rise, or a new trade agreement, this series provides the context often missing from daily news cycles. For anyone with a stake in understanding how business really works in this pivotal region, Business Extra is an essential listen, blending authoritative journalism with genuine curiosity. The result is a consistently informative podcast that feels less like a briefing and more like a series of insightful conversations with people who have their finger on the pulse.
Author: Language: English Episodes: 100

Business Extra
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