(U.S. Edition) The World Trade Organization is out with new data showing global commerce is off to a strong start. But there’s a stark warning that governments should refrain from a retaliatory trade measure. Who could they possibly be talking about? Afterwards, we’ll chat with Margrethe Vestager, Europe’s top antitrust official who’s gone after the world’s biggest tech companies. Following Mark Zuckerberg’s testimony on Capitol Hill, she joined us to talk about why privacy is such an important issue to her and why she thinks regulation isn’t a disadvantage for smaller companies. Plus: Why 2018 is shaping up to be a good year for the big banks.

(Global Edition) From the BBC World Service … IMF Managing Director Christine Lagarde warned that while China’s Belt and Road Initiative might be a critical infrastructure investment, the nation should be wary of “problematic increases in debt.” So, how do you strike the right balance between stimulating economic growth without creating huge payment challenges? Then, today New Zealand banned all future offshore oil and gas exploration in the name of tackling climate change. Industry players, though, say they were blindsided by the move. We’ll explore what impact the decision will have on future production. Afterward, we take you to Parma, Italy, ahead of this year’s world pizza championships. 

(Markets Edition) After a suspected chemical attack in Syria, Trump said missiles “will be coming”  toward the country and that Russia should get ready. We’ll look at the market reaction to all this with Julia Coronado, founder of MacroPolicy Perspectives. Afterwards, we’ll discuss some of the pitfalls of getting a gas station credit card, and then talk about one of the upsides of Facebook in the midst of the Cambridge Analytica controversy. Despite the privacy issues many users have raised, some groups rely heavily on them to organize, including Native Americans. 

(U.S. Edition) Facebook CEO Mark Zuckerberg began testifying in front of Congress yesterday following revelations that Cambridge Analytica harvested data to target users during the 2016 election. On today’s show, we’ll recap some of the highlights. One of the main takeaways is that Facebook’s business model probably won’t change, but it could see more regulation. Afterwards, we’ll preview another testimony happening on Capitol Hill: Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, gives his first report to Congress. Plus: On the 50th anniversary of the Civil Rights Act of 1968, we’ll discuss how source of income can be a barrier for people trying to obtain housing. 

(Global Edition) From the BBC World Service… Facebook’s boss is facing day two on Capitol Hill, but there are still many unanswered questions about handling data protection. We hear from one of the company’s co-founders, Chris Hughes, about what the social network needs to consider. Then, Marriott International says it’s opening a hotel every 13 or 14 hours, but with growing competition from online booking sites like Airbnb, where is the hotel chain looking for growth and diversification opportunities? 

(Markets Edition) With Facebook CEO Mark Zuckerberg set to testify before Congress in the wake of the Cambridge Analytica scandal, we’ll look at some of the steps Facebook has taken to increase transparency. Afterwards, we’ll talk to Penny Pritzker with the Council on Foreign Relations, also secretary of commerce from 2013 to 2017, about whether the U.S. has failed people whose jobs have been replaced by automation.

(U.S. Edition) China has filed a World Trade Organization challenge over the Trump administration’s steel and aluminium tariffs, essentially taking the U.S. to trade court. On the heels of this news, we’ll discuss how the idea of “economic security” has become “national security” for Trump. Afterwards, we’ll look at how small businesses are faring at finding new workers, and then we’ll talk about how expectations in the workplace may play a role in the gender pay gap. 

(Global Edition) From the BBC World Service … Just hours after Chinese President Xi Jinping vowed to open his country’s auto and banking industries and reduce car-import tariffs, China took the first step in making a WTO complaint about U.S. steel and aluminium tariffs. Then, Russia’s currency is taking another plunge today after a sharp drop Monday. We’ll explain what’s spooked markets and what it means for the average citizen there. Afterward, a look at why Uber isn’t being welcomed with such open arms in Barcelona. 

(Markets Edition) The Trump administration is proposing to cut nearly $130 billion over a decade to SNAP, the country’s federal food stamp program. We’ll look at what this could mean for brick-and-mortar stores that sell groceries. Afterwards, we’ll explain why gas prices are higher during the summer, and then talk with Sheila Bair — former chair of the Federal Deposit Insurance Corp. — about an alternative to student debt that would have you paying a percentage of your income.