tv Verified Live BBC News February 4, 2025 4:00pm-4:31pm GMT
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brought into america from china which now says, it such as cars and coal. donald trump's proposed tariffs of 25% on canadian and mexican ben king has the latest. crowd chanting: usa! usa! he always said he would do this. to me in the dictionary. announced on state—run tv. of global industrial and supply chains. china firmly opposes
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on the borders to combat drugs and immigration. we don't know whether or not there might be tariffs it is damaging. what it does is it makes everybody uncertain trade has helped to push down prices in america and the uk up costs for everyone. ben king, bbc news. with me is bbc verify�*s policy and analysis
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the us's external average tariff it on goods tariff rate it charges on goods coming into the let's tariff rate it charges on goods com going) the let's tariff rate it charges on goods com going) the the let's tariff rate it charges on goods com going) the the 1920s. look going back to the 1920s. and we can see this shortly showing what a spike showing what a large spike donald trump's plans imply in showing what a large spike don overall1p's plans imply in showing what a large spike don overall tariff lans imply in showing what a large spike don overall tariff rate. mply in showing what a large spike don overall tariff rate. it le in thgt gvgrgtttgriff rats. !t' " ” " effectively take was effectively going to take it from about 3% up to perhaps 15%. if the tariffs had in 15%. if the tariffs had come in it have been on course to it would have been on coarse to that it it would have been on course to that it would have been a hit that it would have been a spike. as of now he significant spike. as of now he has paused the canadian one. the [£3313 eeueea gee tgngdgn we the mexican. but leee eeueeel llee teeeeee we the mexican. but you can and the mexican. but you can see a big break eee e reelly big'breek with post—war history. eee e reelly big'breeh with
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post—war history. for ""7’g’i&53171{i;£o'iy" 7 ' h ”7 796531117 istoryibeicauisie ' 7' :—: := 77 has been the leader of m— free trade. it may not be on course the moment but this course at the moment but this is still the threat. it course at the moment but this is still the threat.— is still the threat. l. ' e . . aood is still the threat. ltdsgm i good graph _ is still the threat. ltdsgm i good graph m is still the threat. l. ' l good graph itjust ygu ,e 72: ee e ee 77 you back the takes: "eu right bath to the in fell takee "eu right beeh to the in fell swoop. that 1930s in one fell swoop. that in terms of what could is in terms of what could happen if all of these tariffs are if that is the what is the global case case, what is the global case of like that? case, what is the global case of _ like that?- of something like that? e are really high and etehee'ere ea"; high end it impossible... the severe fra . mentation framentation of fra . mentation of trade, global fragmentation of trade, theeeeeee it could they estimated it could cost 7.4 trillion about 7.4 trillion dollars knocked off the global economy. you can see that estimate on the left and we have tried to put in context by put that in context by comparing it to the size of the
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french economy and german economy and can see it adds economy and you can see it adds up economy and you can see it adds up to roughly the same. the at this global impact of this global �*trade in terms fragmentation of trade in terms of the economic impact of the economic impact! impact would be roughly germany and france the global economy. france in the global economy. really very severe indeed. that's of economic that's the kind of economic stakes we are talking about here. ., stakes we are talking about here. . ., .,~ , that and - graphs " harem; 7777 77 the7y7r7eal7ly7clearly impact outline the potential impact here. thank you let's speak to peter altmaier, in berlin, the former german minister of finance and former federal minister for economic affairs and energy. thank you so much for being here on the programme, fascinating seeing the potential impact if we get all betehtiel imbett ifggfe’get'atl ”’ these tariffs imposed. if we of these tariffs imposed. if we into that sort trade get into that sort of trade g, u how worried are you about were. how worried ere'veu about and were. hew worried ere'yeu about and the were. how worried are'you about and the costs of that? that and the costs of that? trade war between europe and trade war between europe ahd us would be
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trade war between europe ahd us wc for be trade war between europe ahd us wc for citizens for ahd the economy as therefore 7 therefore the 7 therefore the question can we avoid can we is can we avoid it, can we escape it? we have learned from the first term in office of president trump he is 7 77�*7a7nd7prihc7i7ple7d7777 77 7 7 77�*and7principled7b7u7t7 77 7 ze —u= = -= =: has 7 £551; 7 has table an has 7 7t7able77a7noffer. h�* perhaps ble an offer. h�* perhaps with n offer. h�* perhaps with the fer. h�* perhaps with the uk, together perhaps with the uk, i a lot of would mufti £77 7 77in trump would be interested in together europe working together with europe and we could use it to avoid significantly taxes and is about ukraine, this is about ukraine, expenditure for defence and all issues are military, all these issues are on the table and we have to an offer how we make an offer how we can the european role 7 777w7ith7r7e7gard 7 7 777w7ith7r7e7gard £57 7 7 777w7ith7r7e7gard to7the 7 inside nato with regard to the conflicts. ~ strategic conflicts. you think this is all —
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strategic conflicts. you think this is all about _ strategic conflicts. you think this is all about a _ this is all about a negotiating position for donald trump transactional? not only that but because _ transactional? not only that but because he _ transactional? not only that but because he needs - transactional? not only that but because he needs the l transactional? not only that - but because he needs the money butbafi�*fahaheadtthafififiaa lower in the us he has to lower taxes in the us he has announced tax cuts �*almost announced tax cuts for almost every and by increasing every citizen and by increasing tariffs, if you look at the example of canada and mexico, tariffs, if you look at the exa can: of canada and mexico, tariffs, if you look at the exa can clearly ada and mexico, tariffs, if you look at the exa can clearly see and mexico, tariffs, if you look at the exa can clearly see that mexico, tariffs, if you look at the exa can clearly see that he xico, tariffs, if you look at the exa can clearly see that he can, you can clearly see that he can a different approach when adopt a different approach when is the us interests and we have to produce a means we have to produce a win—win of a wjn:win situation.instead of a lose situation. lose lose situation. higher will tariffs will mean higher , in the us. it will inflation in the us. it will mean less export rnean lees exoort from eurooe , le” be.” ., l ,, a less, more rnean lees exoort from eurooe , llll lllll ll l ll l less, more unemployment ruean lees exoort from eurooe l llll lllll ll l ll l less, more unemployment in and less, more unemployment in european with this as european countries with this as an incentive for both sides e the worst and the avoid the worst and the possible ways forward. you ukraine in your first mentioned ukraine in yourfirst answer. trump spoke answer. donald trump spoke about ukraine only a couple
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ago and the 7 m7eta ls 7 m7etals ukraine has mama! --erhas that should and perhaps that should be part of any for us of any arrangement for us,,,,, how worried in the 7 in the end, to 7 7777i7nt7he77end,7to 77 7 7 2171} that in the end, to get an ally america supporting you the pm and ukraine, that in end 7 77755423117 7 77 7 77755423115} 7 77 7 777e7nd7allofthes7e777 7 one 5} ghee; loreen; the end all of these decisions become as opposed become toaneactionalasopposed strategic, all of to moral, strategic, all of those issues? that it becomes what america can get out it? �* it? please �*it? please believe me, i am of it? please believe me, i am really _ every i really concerned about eueflel — — — —— —— w, of really concerned about eueaea ————— —e— . of this really concerned about eueflé we” see . of this administration level of thia’adminiatration regards to trade and with regards to trade and bilateral relations with blléfafal faléf'fifia filffi i ella??? filaf'fifia filffi i have lifted seen the first time when it the first “he whee ”a ~ ,,, and steel were h? be the trump 77 777b7ut 7 7 777b7lhav7e 7 7777777 77 777b7l havea 7 nevertheless, we have a common interest with regards to and it is not as a ukraine and it is not as a not as a european bugsghg not as a eurooean l to throw ukraine under
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interest to throw ukraine under the say it bluntly. the bus to say it bluntly. therefore the american therefore if the american president is interested in raw materials from that country, then we have discuss to theanelhalve todiscusstaysl to russian and stop thejlu slsianag greasion and mea ns stop theilussianaggression and means more it that means more weaponsand it help from european and means help from european and for the us and to rebuild and restructure villages. it an 7chall7e7n7gea7he7ad777 7 7 77 7chall7e7n7g7e a7he7ad7ot7he7r7s 7 77 enormous challenge ahead others it is enormous challehge ahead others it is in the and it is in the european interest to keep america and us on board of the coming the us on board of the coming challenges. thank you so much for speaking — challenges. thank you so much for speaking to _ challenges. thank you so much for speaking to us. _ challenges. thank you so much for speaking to us. the - challenges. thank you so much i for speaking to us. the reuters 77 77agency 77agenc7y quoting agenc7y quoting president news agency quoting president zelensky on donald trump's interest in ukrainian rare earth saying we are to 77 to investment 7 to investment by american open to investment by american companies. not that is interesting down. that is interesting from ukraine's president
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mr chairman, the final tally was 14 eyes, 13 knees. a crucial senate vote bringing him one step closer to becoming donald trump's health secretary. lines between democrat and republican senators, it sets the stage for a full senate vote as early as next week. the nomination is reported favourably. that vote came in an hour ago and was as we said so close, republican �*bill had previously said he
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cassidy had previously said he was struggling to support rfk jr's nomination, highlighting his,,.,,, background as a mr 7 mr kennedy's previous and mr kennedy's previous critical comments around in the end he voted vaccine. in the end he voted for the to actually to the votes and gave me her reaction. that he was struggling with his nomination. mr cassidy is a doctor and rfk has, you know, made these persistent, misleading comments about childhood vaccinations. caroline leavitt, basically said, i'm going to quote "the white house expects all senate republicans
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local media is reporting several fatalities, but this in the city of 0rebro. they are urging people to stay away from the area. officers say the suspected perpetrator is a man, police have also not confirmed if anyone was killed, let's start with the latest are hearing about casualty are hearing about'casualty f are hearing about'r -l ~ numbers. i am monitoring swedish — numbers. i am monitoring swedish - and - numbers. i am monitoring swedish - and at - numbers. i am monitoringl swedish - and at least swedish media and at least big trustworthy swedish three big trustworthy swedish including the broadcaster and 7 �* say there are several
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and 7 7 7 7 and they and they are fatalities and they are recording the number injured 15. this has been about 15. this has not been concerned, but they have the efihisrhsd buffhss hoes the sources as eeheerhed hutthes haee the sources as usual independent sources as usual and swedish journalism standards are quite and swedishjournalism standards are quite high. they have been telling us about , who still in people who are still hospital. people who are still being operated on it is being operated on and it is may be perpetrator believed may be the perpetrator is one of people who is is one of these people who is hospital and treated. in heoeital and beinaetreataaeeee , ~ operation is under large—scale operation is under people are being told not come this and to come out of basically not to come out of their houses and just be away police. their houses and 'ust ~ . . . olice. l, ., from police. tell me more about the school. _ from police. tell me more about the school, the _ from police. tell me more about the school, the town _ from police. tell me more about the school, the town and - from police. tell me more about the school, the town and what . the school, the town and what we think we know the we think'we know abo' , perpetrator. this happened in an adult school, _ perpetrator. this happened in an adult school, however- another school in area is another school in the area the school has been the pupils were told stay that school stay thatschool the to stay in that school as the operation was ongoing as the police were for a police were searching for a possible but then possible perpetrator, but then 7&7 overand possible perpetrator, but then 7&7 over and everyone was
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it was over and everyone was allowed to go out. this was allowed to go out. so this was an unusual day, students were sitting and examined home sitting and examined less home early so there were too and we are seeing on many and we are seeing on social media footage when social media some footage when the started they were the shooting started they were forced to hide under tables forced to hide under the tables and we are some and we are hearing some evidence from the who evidence from the teachers who that they saw people being say that they saw people being and helping them dra cm- them into the 2772-— z7:— classrooms. and about the perpetrator, quoting local the national reporters from the national they told us that broadcaster, they told us that the area of police search has 7. if. 77 77777 7 7 been expanded and according to them, a local in town has searched same town has been searched and they believe it be the ,l————°l—f . . . 777777o7fthis7 7 7 z: of a- shooter. thank you for some of the latest _ shooter. thank you for some of the latest details _ shooter. thank you for some of the latest details there. - in the coming hours, restoring what's described as "maximum pressure" on iran. it's aimed at denying iran any paths to developing
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with a foreign leader since the inauguration. they are expected to discuss the second phase of the gaza ceasefire deal. on an army checkpoint. it happened in the north of the territory, in the palestinian city of tubas. in the region and the un agency for palestinian refugees — is going in a "catastrophic is going in a "catastrophic direction." the army says it's killed 50 people there. palestinian president mahmoud direction." abbas says the operation is aimed at "ethnic cleansing" and has called on the us to intervene. the us to intervene. the occupied west bank, 0ur correspondent, wyre davis has more from jerusalem. for all the relative calm for all the relative calm in gaza since the start in gaza since the start of the ceasefire in of the ceasefire in
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the occupied west bank, things have been going from worse to worse. according to local sources, more than 70 palestinians have been killed since the start of january. as a result, mainly, of the increased israeli military activity against armed gangs like palestinian islamic jihad and other palestinian militants in the city ofjenin. israeli troops, for several days now, have been surrounding what's known as thejenin refugee camp,
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despite the ceasefire there. we area we are a you ever so we are a you ever so from that first meeting the white first meeting in the tom�*s ~ ~ ~ .. between donald trump and house between donald trump and benjamin netanyahu. what are watching out for? you watching out for? 2% havin: me. iam you watching out for? " 7 having me. i am watching for. having me, i am watching i will for, having me, i am watching i will say i read in out lwillsa�*e' ! read in statements out !willsau ! read in statements coming —e the repertory 7 the repertory statements 7 “' the ’zé’tzé’le'e�*s’te’ o�*e�*e—o“*s ' " " ' ' president trump. i ggggnngresidenttrumo, i this his on assume this includes his on they emphasising how void, they are emphasising how president trump wants to much president trump wants to get every hostage home. and the of the release of importance of the release of the have been in the hostages who have been in captivity so long 0ctober captivity so long since october to that obviously seven. to do that obviously requires moving to phase two of ceasefire i]
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the ceasefire agreement. i hope that we will see certainly hope that we will see on it so for parties 7 critical for all parties and why it serves us interest in mr trump's to move tru'm p’s'rn�*terest to move a permanent ceasefire. towards a permanent ceasefire. 0n towards a permanent ceasefire. on that point, sorry to cut across you, deadline for across you, the deadline for the negotiations to start in terms of happens, we have terms of what happens, we have passed that point already, we? as; haven't we? i am less concerns ., secific dates haven't we? i am less concern” - specific dates and egypt's early key facilitators for the ceasef dates at is egypt's early key facilitators for the ceasef dates and about specific dates and deadlines, versus ongoing about specific dates and versus ongoing deadlines, versus ongoing progress the directional is progress and the directional is progress and the directional is being continuing and i think being continuing and i think has been the case here, that has been the case here, that has been the case here, only lebanon similarly only lebanon ceasefire. less about dates, less 7 less dates, about direction i more about direction and i think my understanding is that more about direction and i my understanding is that think my understanding is that netanyahu has sent netanyahu has sent negotiators —: again to qatar. qatar and to qatar. 7 to qatar. qatar 7 again to qatar. qatar and early key facilitators egypt's early key facilitators egypt's early key facilitators for the ceasefire. that is for the ceasefire. that is a
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wanted to link into the conversat the saudis have made coalition. the saudis have made very clear pathway the palestinian state'iscritically for palestjnian state'iscritically for them to go into importanttor them to go into relationship with israel. any relationship with israel. it is in interest to it is in everyone's interest to have regional architecture so it is not we have it is not surprising we have some of the talks related, 7, not in the last 36 certainly not in the last 36 hours, it has been ongoing. late 77 7.77 77-1— 77 out 7of time but 77 o7u7t bf t7i7m7e7but thank 7 7 out of t7i7m7e7but thank you are out of time but thank you l joining are out of time but thank you , joining us. we watch 7 meeting and what out of it. we stand emerges out of it. as we stand just a few hours away under wa . lam under wa . i am back getting under way i am back in a little next is ,,l,f;;w,,,, . . . forthe 7 777 7fo|77the7busine7ss 7 7 for the business news 7 77 7for77the7busine7ss news of time for the business news of the day. hello there.
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will be turning colder. there will at least be more sunshine by day, but overnight, to have some frost. here's the first signs of colder air beginning to push the rain. out towards the west, those temperatures beginning more showers, though, but with the clearer skies, temperatures widely are going at least for a while
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