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The Fox News Rundown

Business Rundown: Trump Arrives At G7, Israel-Iran Conflict & Trade High On The Agenda

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.41.5K Ratings

🗓️ 16 June 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

Over the weekend, President Trump arrived in Canada for the G7 summit, where issues like the Israel-Iran conflict and U.S. tariffs are expected to be high up on the agenda. FOX Business' The Big Money Show co-anchor Taylor Riggs speaks with Senior Energy Market Analyst at the Price Futures Group Phil Flynn about the latest fluctuations in oil prices, President Trump zeroing in on trade priorities at the G7, and the Middle East’s reaction to the Israel-Iran hostilities. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Last year, Amazon was the world's largest corporate buyer of renewable energy.

0:07.0

Seeing all and more of our energy comes from wind farms like this one.

0:14.0

Guys, what happened to recording that a solar bomb?

0:18.0

To learn more, visit about amazon.com at UK forward slash sustainability.

0:29.6

I'm Taylor Riggs and this is the Fox Business Rundown.

0:45.1

Monday, June 16th, 2025. Over the weekend, President Trump arrived in Canada for the G7 summit,

0:51.5

where issues like the Israel-Iran conflict and U.S. tariffs are expected to be high up on the agenda.

0:55.0

The way things are going right now, the momentum is shifting. We've heard from the European Union that they're getting ready to make an offer.

0:59.0

So, you know, I think the trade deals are going to be coming fast and furious and G7 may be it.

1:05.0

The 2025 G7 summit is underway with the group of seven leaders from Canada, France, Germany, Italy, Japan, the UK, and the United States meeting this year in Alberta, Canada.

1:19.9

This summit of the World Economic Powerhouses will have much to discuss Monday and Tuesday.

1:25.6

One particular focus for the U.S. at this conference will be President

1:29.1

Trump's tariffs and calls for trade deals, with a senior U.S. official telling reporters last week

1:35.7

that the president will be at the G7 working on making America's trade relationships, fair, and

1:42.3

reciprocal. But the tariffs may have become the second

1:45.3

most pressing matter for these world leaders who are now grappling with how to handle the latest

1:49.9

conflict we are seen out of the Middle East. On Monday, Iran continued their missile and drone attacks

1:56.6

on Israel following Israel strikes on Iran's nuclear facilities and top generals.

2:02.2

The hostilities initially rattled markets last week, with investors trying to forecast the

2:07.3

impact this conflict may have on the supply chain flow of oil out of the Middle East.

2:14.3

All of this certain to be discussed by President Trump and the other world leaders

2:18.7

as the G7 continues. All right, Phil, you know, you wake up on a Monday and we thought,

...

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