Beijing Retaliates Against Trump Tariffs

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 4 February 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Feb. 4. China hits back with levies on some American imports and an antitrust investigation into Google. WSJ columnist James Mackintosh explains what the past day’s stock-market swings tell us about how investors are weighing President Trump’s moves. Plus, Trump administration officials discuss executive actions to dismantle the Education Department. And El Salvador offers to take U.S. deportees of any nationality. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Are you a smart booker or a silly booker?
0:07.4	Smart bookers get access to a three airport lounge by booking a five-star holiday with On the Beach.
0:13.8	Silly bookers?
0:14.8	Well, enjoy those cues at the bar.
0:17.1	Stop booking around and visit Onthebe beach.com.ukor.
0:22.2	Conditions apply.
0:25.6	Seven night minimum stay outbound only from selected airports for up to six people,
0:26.4	at all protected.
0:29.7	On the beach.
0:36.1	China hits back at the US with tariffs, though with investors not yet panicking about President
0:39.3	Trump's trade policies, journal columnist James McIntosh looks at how that could affect Trump's
0:44.4	strategy going forward.
0:45.8	It comes back to this question that we kind of don't know the answer.
0:48.4	Is he just watching the markets, in which case he'll be encouraged to go a lot further
0:52.1	by the fact the markets didn't freak out,
0:59.3	which then leads to the weirdness that maybe next time the markets do freak out because he goes further.
1:00.0	Plus, President Trump's advisors weigh a plan to dismantle the Education Department, and El Salvador
1:06.0	offers to take back U.S. deportees.
1:09.2	It's Tuesday, February 4th. I'm Luke Vargas for the Wall Street Journal,
1:12.9	and here is the AM edition of What's News, the top headlines and business stories moving your world today.
1:21.9	Beijing is responding to new 10% tariffs on Chinese goods announced by President Trump over the weekend
1:28.3	by enacting tariffs of its own. In moves announced today, China will place 15% tariffs on imports
	...

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