President Trump cuts tariffs on coffee, beef, and hundreds of other grocery staples. The U.S. president threatens to sue the BBC for up to five billion dollars over an edited speech. Russia pounds Kyiv in one of its biggest attacks after Ukraine hits a Black Sea oil port. Plus, investigators chase stolen Louvre jewels through Antwerp's diamond underworld. Listen to the latest episode of On Assignment "Trump vs the BBC". Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
Full Episode
Hi, I'm Sharon Reich-Garson in New Jersey. It's Saturday, November 15th. Today, Trump removes tariffs on everyday groceries, the hunt for the Louvre jewels targets Antwerp's jewelry underworld, And healthcare reshapes the 2026 midterm race. This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, seven days a week.
Tariffs on key food items, including coffee, beef, and bananas, are being rolled back. President Donald Trump trying to ease grocery costs after months of insisting tariffs aren't fueling inflation. Speaking on Air Force One, Trump also promised a $2,000 dividend for lower-income Americans next year, funded by tariff revenue.
When I pay people $2,000 each for the low and moderate income and middle income people, everybody but the rich will get this.
Democrats say the Trump administration is putting out a fire they started and calling it progress. The Trump administration also announced trade deals with Argentina, Ecuador, and others are in the works, signaling more rollbacks are coming. a crescendo in the war in Ukraine, with Russia launching one of its biggest missile and drone attacks on Kyiv.
Several people were killed as Moscow pounded apartment blocks in the capital. In the south of the country, it targeted energy facilities. The barrage comes after Ukraine hit on a black seaport, which effectively took out 2% of the world's global oil supply. Reuters editor at large Mike Collett-White has recently returned from covering the war in Ukraine.
The attack was so successful from the Ukrainian point of view that it led to a suspension of oil exports of up to 2.2 million barrels a day, or 2% of global supplies. The markets are very worried. And while long-range drones are the main weapon of choice for Ukraine, in this case, the Ukrainians came out and said, we actually used our newly developed Neptune missiles.
They can fly a long way, 1,000 kilometers. but also significantly they carry a greater payload than a drone. So that means that if they do manage to impact, let's say, an oil refinery, the damage that they cause would be far greater than a drone.
Trump's war of words with the BBC has escalated. He's now threatening to sue the British broadcaster for $5 billion over the edit of his speech. The BBC has apologized, but rejects that the president has a defamation case. Trump hasn't filed the papers just yet, but today's episode of On Assignment, our sister podcast, explores the legal merits of any such suit.
Legal reporter Jack Queen joins host Jonah Green
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