World Business Report

President Trump's new global 10% tariff comes into force today, and could rise to 15% for all of the US's trade partners.
We find out what it means for Americans, and who if anyone could get a refund from the original tariffs.
Plus after four years, what is the economic cost of war for Ukraine?
Presenter: Leanna Byrne
Producer: Matt Lines
Editor: Justin Bones

We look at one of the world's biggest trading blocks the EU which has now delayed ratifying its trade deal with the EU. Rahul Tandon talks to the retailer from Colorado and Ulrike Malmendier, a member of the German Council of Economic experts.
Also, we find out what is the current situation in Puerto Vallarta in Mexico.

And the boss of Netflix, Ted Sarandos tells the BBC its bid for Warner Brothers is better than a rival one from Paramount.

Countries around the world are once again facing a lack of clarity over US trade policy, following the US Supreme Court's ruling that the tariffs imposed by the Trump administration are illegal. In response, President Trump said he'll immediately introduce a new fifteen per cent import tax.
Both India and the EU postpone progress on trade with the US as they try and work out what new tariff arrangements mean for them.
Plus we hear from the boss of Netflix about the ongoing battle to buy Warner Brothers Discovery.

Donald Trump calls the US Supreme Court's decision to strike down his sweeping tariffs "deeply disappointing" as he announces a new 10% levy on global imports.
In this special programme we take a closer look at that Supreme Court ruling, with reaction from businesses and global trade experts...and from the toy company which took on President Trump to win the case.
And will companies have a fighting chance of gaining compensation for the money they feel they have lost due to tariffs? We hear from one lawyer in Washington D.C who leads an International Trade department.
(Picture: U.S. President Donald Trump, holds a press briefing at the White House, following the Supreme Court's ruling, in Washington, D.C., U.S., February 20, 2026.Credit Reuters/Kevin Lamarque).

Donald Trump calls the US Supreme Court's decision to strike down his sweeping tariffs "deeply disappointing" as he announces a new 10% levy on global imports.
In this special programme we take a closer look at that Supreme Court ruling, with reaction from businesses and global trade experts...and from the toy company which took on President Trump to win the case. And will companies have a fighting chance of gaining compensation for the money they feel they have lost due to tariffs? We hear from one lawyer in Washington D.C who leads an International Trade department.
(Picture: U.S. President Donald Trump, holds a press briefing at the White House, following the Supreme Court's ruling, in Washington, D.C., U.S., February 20, 2026.Credit Reuters/Kevin Lamarque).