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The Fox News Rundown

Business Rundown: White House Aims For Trade War "De-escalation" With China

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.41.5K Ratings

🗓️ 25 April 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

The White House is projecting confidence in resolving trade disputes this week, with several deals reportedly close at hand and Treasury Secretary Bessent saying, “There will be a de-escalation with China in the very near future.” The Big Money Show co-anchor Taylor Riggs speaks with Annex Wealth Management’s chief economist Brian Jacobsen to unpack the rally in the markets, the trade war endgame, and how much American companies are “talking their book” amid tariff uncertainty. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Amazon offers term time working to their employees, like Anton,

0:05.0

who's home to look after his daughters during their holidays.

0:10.0

Hello!

0:11.0

To him, this is the best sound in the world.

0:13.0

Daddy!

0:14.0

Actually, maybe that's the best sound of all.

0:23.2

Now that's term time working.

0:24.6

Offered at Amazon.

0:26.9

Ten weeks off guaranteed per year.

0:29.1

Mix of paid holiday and unpaid time off.

0:29.9

Conditions apply.

0:33.5

I'm Taylor Riggs and this is the Fox Business Rundown. Friday, April 25th, 2025, the White House is projecting confidence in resolving trade disputes

0:44.7

this week with several deals reportedly close at hand and Treasury Secretary Scott Besson

0:50.8

saying that there will be a de-escalation with China in the very near future.

0:56.1

It seems as though the U.S. is starting from a much stronger position, especially in terms

1:01.3

of the dependency on who's more important to whom in this relationship. The problem is that in China,

1:08.5

how sensitive are the leaders, the ones making these decisions

1:12.2

to the plight of the people?

1:14.6

The focus on Wall Street continues to be President Trump's tariffs and trade deals, which

1:19.3

have driven some of the market volatility we've seen in the past few weeks.

1:23.5

Although recently, investors are reading signs that this trade war frost could be thawing.

1:29.9

On Tuesday, in a closed-door private investor summit in Washington,

...

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