US to end sanction exemptions for major importers

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Manage episode 231861753 series 1301445
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US President Donald Trump has decided to end exemptions from sanctions for countries still buying oil from Iran. The White House said waivers for China, India, Japan, South Korea and Turkey would expire in May, after which they could face US sanctions themselves. We speak to Suzanne Maloney from the Brookings Institute. Samsung has postponed the release of its folding smartphone, days after several early reviewers said the screens on their devices had broken. The BBC's technology reporter discusses what this could mean for the company. The global chocolate industry is worth 100 billion dollars yet African producers only make about eight per cent of that, according to research by the International Cocoa Organisation. Rather than export the raw fruit, entrepreneurs in cocoa-rich countries are now starting to make their own chocolate in an effort to change things, as the BBC’s West Africa correspondent Louise Dewast has been finding out. Roger Hearing is joined for comment throughout the programme by chief economist at Complete Intelligence Tony Nash in Texas and The Financial Times' Correspondent in Bejing Yuan Yan.

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