Trump U-turn, China tariffs hit Christmas and Moon vs. Mars

From Reuters.

President Donald Trump’s stunning reversal on tariffs brings relief for investors, even as he ratchets up a trade war with China – where producers of artificial Christmas trees report no U.S. orders as tariffs bite. Plus, Trump’s nominee to lead NASA says simultaneous missions to the Moon and Mars are possible.

*This episode has been corrected to remove a reference to former U.S. Presidents Barack Obama and Joe Biden.

Find our recommended read here (https://www.reuters.com/investigates/special-report/migration-europe-africa/) .

Sign up for the Reuters Econ World newsletter here (https://www.reuters.com/newsletters/reuters-econ-world/) . Find the latest Reuters Econ World podcast here (https://www.reuters.com/podcasts/conglomerates-2025-03-05/) .

Visit the Thomson Reuters Privacy Statement (https://www.thomsonreuters.com/en/privacy-statement.html)  for information on our privacy and data protection practices.

You may also visit megaphone.fm/adchoices (https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fmegaphone.spotify.com%2Fabout-advertisements&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7C22043c115f5c46b09f9c08dcf3464d32%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C638652730474312366%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=QZMsnaAB3i%2BvJs%2FDC9EyZbPfywT6vxtyiJ1dSFVTXTs%3D&reserved=0)  to opt out of targeted advertising.

Learn more about your ad choices. Visit megaphone.fm/adchoices (https://megaphone.fm/adchoices)