World Business Report Handshakes and trade deals as Trump tours Asia
6 snips
Oct 27, 2025 Archana Shukla, a BBC correspondent, reveals the dire impact of US tariffs on Indian shrimp farmers, risking nearly a million jobs. Isabel de Bray, from the Associated Press, discusses Javier Milei's surprising midterm victory in Argentina and its potential for economic reform amidst public frustration. Patricia Ortiz, a winemaker from Mendoza, shares insights on how currency volatility and inflation are reshaping her business landscape. Together, they offer a deep dive into the repercussions of international trade and political shifts.
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Historic Deals, But Details Are Missing
- The White House framed Trump's Asia trip as delivering peace accords and trade frameworks across Southeast Asia.
- Businesses welcome potential stability but say concrete tariff and product details are still missing.
Small Importer Caught In Trade Uncertainty
- Blake Garfield imports about 15% of his bed-making supplies from Malaysia and fears cost uncertainty.
- He says incoming containers could cost him unexpectedly more and small firms lack agency in trade shifts.
Tariff Clarity Is The Key To Business Decisions
- Importers and freight-forwarders still lack clarity on which products will receive zero tariffs under new frameworks.
- That uncertainty blocks investment decisions and pricing strategies for US businesses.