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WSJ What’s News

Flurry of Trade Deals Boosts Markets

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 31 July 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

A.M. Edition for July 31. Ahead of tomorrow’s deadline for reciprocal tariffs to kick in, the U.S. confirms deals with South Korea, Thailand and Cambodia, with more expected today. WSJ editors Timothy Martin and Peter Landers explain how these last-minute deals will benefit some of the world’s biggest manufacturing hubs. On the other hand, President Trump casts doubt on a Canada pact, after Ottawa said it plans to recognize a Palestinian state. And, shares of Microsoft and Meta rally in off-hours trading as ad sales and core businesses make up for huge spending on artificial-intelligence. Azhar Sukri 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

Race the rudder, raise the sails, raise the sales!

0:05.0

Captain, an unidentified ship approaching. Over.

0:07.0

Roger that. Wait, is that an enterprise sales solution?

0:13.0

Reach sales professionals, not professional sailors.

0:17.0

With LinkedIn ads, you can target the right people by industry, job title and more.

0:21.4

To get £100 off your first campaign, go to LinkedIn.com slash lead to claim your credit.

0:26.6

That's LinkedIn.com slash lead. Terms and conditions apply.

0:33.3

Markets gain on trade optimism as the US announces a flurry of deals.

0:39.0

But Trump casts doubt on an accord with Canada, citing Ottawa's plans to recognize Palestinian

0:45.8

statehood, and investors cheer on Microsoft and Meta over their artificial intelligence

0:51.9

spending plans.

0:53.0

You kind of have this leap of phase going on where there's so much money going out the door,

0:57.8

but clearly the business is doing well and even improving.

1:01.2

So the company's kind of saying, hey, take our word for it because look at the results,

1:04.7

and so far Wall Street's been willing to do that.

1:06.9

It's Thursday, July 31st.

1:08.8

I'm Azhar Sukri for the Wall Street Journal. Here is the AM edition of What's News, July 31st. I'm Azhar Sukri for the Wall Street Journal.

1:11.5

Here is the AM edition of What's News, the top headlines and business stories moving your world today.

1:21.3

The US is announcing a flurry of trade deals ahead of tomorrow's deadline for reciprocal tariffs to come into force,

1:29.1

with at least three agreements confirmed overnight.

1:32.3

We're going to build ships in America. We're going to build semiconductors in America.

1:36.5

We are going to finally take care of the core of America, and it's led by Donald Trump's

...

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