<description>&lt;p&gt;President Trump wants to cap credit card interest rates at 10% for a year. But the big banks warn that could limit lending and hit the most vulnerable first. &lt;/p&gt;&lt;p&gt;Also today - why prices for metals like copper and tin are hitting record highs, we'll investigate what's behind the surge.&lt;/p&gt;&lt;p&gt;And despite fresh US tariffs under President Trump — and a volatile global economic backdrop — China posted a record trade surplus of around $1.2 trillion.&lt;/p&gt;&lt;p&gt;Picture:Illustration shows Bank of America, Citi bank and Wells Fargo credit card mockups, Reuters&lt;/p&gt;</description>

President Trump wants to cap credit card interest rates at 10% for a year

President Trump wants to cap credit card interest rates at 10% for a year. But the big banks warn that could limit lending and hit the most vulnerable first. Also today - why prices for metals like copper and tin are hitting record highs, we'll investigate what's behind the surge.And despite fresh US tariffs under President Trump — and a volatile global economic backdrop — China posted a record trade surplus of around $1.2 trillion.Picture:Illustration shows Bank of America, Citi bank and Wells Fargo credit card mockups, Reuters

World Business Report

Could a cap on credit-card rates really hurt consumers?

Could a cap on credit-card rates really hurt consumers?

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