The EU and US clarify details of a tentative trade deal, with President Trump dropping plans for steep tariffs on cars, semi-conductors and pharmaceuticals. We get reaction from the German auto industry.We examine why a gathering of top economists and central bankers in the US is being overshadowed by politics. Tensions are high between President Trump and Federal Chair Jerome Powell, who is preparing a big speech at the Jackson Hole Economic Policy Symposium.And McDonald’s gets a scolding from the Japanese government. So why is a Happy Meal campaign involving Pokemon Cards drawing criticism?

The European Union and the White House have confirmed a 15% deal, including European cars and pharmaceuticals, in a joint statement clarifying their tentative trade deal announced last month.And in our Africa series this month, today we discuss the African Continental Free Trade Area, which aims to create a single market for goods and services in the continent, boosting trade and economic integration.Plus, Microsoft's head of artificial intelligence says he's alarmed by rising cases of a phenomenon dubbed "AI psychosis"—that’s relying so heavily on chatbots and losing touch with reality.

The Chair of the Federal Reserve chair are under scrutiny from Donald Trump after fraud allegations emerge about Governor Lisa Cook. How will it affect the interest rate decision? The authorities in Pakistan's commercial capital Karachi have declared an emergency and a public holiday after monsoon rains paralysed the city. We hear from the local business owner.Sony PlayStation increased the price on its console. Is it one of the consequences of the trade war?And we look at Denmark's decision to tax cow and sheep burps for greenhouse gas reasons.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

Net profits of Labubu maker, Pop Mart, have soared by nearly 400%, and the company's Hong Kong-listed shares are up more than 570%, and it's now worth more than twice as much as Mattel – which makes Barbie. We will look at why these elf-like dolls, made by the Chinese, are trending. After a five-year pause, China and India are going to restart direct flights between the two countries. And today, in our Africa series, we're in Kenya, where a tech company in Nairobi is encouraging the use of Bitcoin in one of Africa’s largest slums.

American farmers warn of lasting damage as Chinese importers choose cheaper alternatives from other countries like Russia and BrazilAlso, tariffs risk taking some of the steam out of the US coffee industry.And Roger Hearing hears why the British horseracing sector could face strike action over proposed betting tax changes.

The Indian government has suspended import duties on cotton until the end of September in response to demands from industry groups. The move to exempt them from the 11% levy is seen as a relief for the textile industry, which is facing a steep 50% tariff on shipments to the US. Also, how much would you pay for a cup of coffee? If you're in the US, you could be about to pay a whole lot more due to tariffs. And prices for obesity-treatment drug in the US are expected to drop as Novo Nordisk halves the price of Ozempic.

Volodymyr Zelensky and European leaders are holding talks with Donald Trump at the White House - what will be next? We hear from Ukrainian business owner.Also, the Norwegian fund - worth $2 trillion - says it will divest from six firms with connections to the West Bank and Gaza. It currently has around $1.86 bn in companies listed in Israel.And are more people wondering about investing in that staple of many American and Middle Eastern cities - air conditioning?Where do you think some of the biggest movies and TV shows of the last twenty years have been shot? Fast and Furious? Stranger Things? The Walking Dead? Spiderman: Homecoming? It's the US state of Georgia. Despite a drop in investments over the recent years we find out why this state wants to keep the crown as an alternative to Hollywood.

An Australian court found the airline illegally sacked 1,800 workers during the pandemic Also, Roger Hearing hears how the Swiss watchmaker Swatch has withdrawn advertisements featuring an Asian model pulling the corners of his eyes after facing a backlash in China.

China’s economy hits the brakes as factory output, retail sales and investment all come in weaker than expected.Over in India, Prime Minister Narendra Modi promises to build a self-reliant nation, laying out his latest economic vision.And as Donald Trump meets Vladimir Putin in Alaska for talks on the Ukraine war - we hear from a Ukrainian farmer living through the conflict.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

Organisers of the Los Angeles Olympics in 2028 have agreed a landmark deal with the International Olympic Committee allowing venue naming rights to be sold to commercial partners for the first time in the games history. Honda and Comcast are the first naming partners. Presenter Roger Hearing also examines why some Americans are drinking less and what this means for the big drinks companies like Carlsberg.And PostNord in Denmark has decided to bring to an end to 400 years of letter deliveries - and focus instead solely on parcels from 2026. We hear from there about what this means for the future of the industry.

Brazil's President Luiz Inácio Lula da Silva says more than $5 billion in credit will go to companies which face 50 per cent tariffs to export goods to the US. The US Treasury Secretary, Scott Bessent, says a controversial deal that the White House struck with chipmakers Nvidia and AMD, handing over 15% of their Chinese sales in return for export licences, could be rolled out to other industries. Startup companies in the US have started a no-shoes-in-the-office policy, meaning that you take your shoes off when you come into the office and wear optional slippers.

Stocks continue to rally following better-than- expected US inflation data, but what is the global economic picture likely to be longer term? We hear from the US Small Business Association - and the EU’s International Trade Committee. Rare earths have been a flashpoint in US–China trade talks, with Beijing restricting global supply earlier this year. Could a project in Australia quell further disruption? And while some countries have eased back on investment in Africa, the UAE has become the continent’s largest state investor. Our correspondent in Dubai explains more.