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	Podcast:		Business Matters
	Episode:		Trump doubles tariffs on steel imports to 50%
	Category:		Business
	Duration:		00:49:26
	Publish Date:		2025-05-31 01:15:00
	Description:		American President Donald Trump has announced at a rally in Pittsburgh, Pennsylvania that the US will double tariffs on steel imports from 25% to 50% to boost the local steel industry. The announcement is the latest turn in Trump's rollercoaster approach to tariffs since re-entering office in January. Meanwhile, it was the last day at the White House for tech billionaire Elon Musk who has departed from his role at DOGE (Department of Government Efficiency.) We examine what he has achieved in the role, what his priorities will be at Tesla and Space X, and whether he and President Trump can remain friends And with the Indian economy showing a growth of 7.4% between January and March, beating analyst expectations, we analyse what’s behind the numbers and if the growth can continue To discuss these and the big global business news of the day, presenter Devina Gupta, is joined by Andy Uhler, journalism fellow at University of Texas Energy Institute in the US and Rachel Cartland, author and commentator based in Hong Kong.
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