大象传媒

One of Donald Trump's top economic advisers has acknowledged the president was wrong to suggest that China would pay tariffs on its exports to the US. Larry Kudlow, who heads the National Economic Council, accepted it was US businesses that paid the import tax. Heather Long, the economics correspondent at the Washington Post, explains what this means for the ongoing trade talks.

Cuba has announced rationing of more products amid shortages it blames on the US trade embargo and hoarders. There have been hours-long queues for basic foodstuffs in recent weeks on the Caribbean island. People have posted photos of long queues on social media. The 大象传媒鈥檚 Will Grant gives the latest on the island.

Also in the show, the independent economist Michael Hughes takes a look at the growing deficit in the United States, potentially far more damaging than any current account deficit with China.

Risk management consultancy Schillings has released a report, showing the number of people being kidnapped across the world is rising. Brittany Damora is an advisory associate at Schillings and describes some of the other global trends in the report.

And the tech analyst Chris Green weighs in on pressure in the US to break up the big tech giants.

(Picture: National Economic Council Director Larry Kudlow talks to reporters outside the White House. Picture credit: Chip Somodevilla/Getty Images)