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The Taiwan Semiconductor Manufacturing Company, which makes advanced microchips, is helping to shape the future of the global economy. It is at the centre of a chip rivalry raging across the world – one of the key subplots of President Trumps trade war.

The UK and the EU have reached a new deal setting out post-Brexit relations on areas including fishing rights, trade and defence. We hear from the Irish fishing community, a food exporter in the UK and what a "youth experience scheme" could mean for businesses in France.

Andrew Peach is joined by two guests on opposite sides of the world: Jennifer Pak is in Shanghai and Peter Morici in Alexandria, Virginia.