Friday, August 2

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.4 • 1.3K Ratings

🗓️ 2 August 2019

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

US President Donald Trump says the US will place a 10 per cent tariff on $300bn of additional Chinese goods, growth in corporate share buybacks starts to cool, Pinterest shares surge after the social media network raises its full year forecasts and Bank of England forecasts show a one-in-three chance that the UK economy will shrink at the start of next year. Plus, George Parker recaps Boris Johnson’s first week as Prime Minister of the UK and the possibility of a no-deal Brexit.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0	The UK's energy partner.
0:06.0	Learn more at equinore.
0:10.0	Good morning from the newsroom of the Financial Times.
0:12.0	Today is Friday, August 2nd. Good morning from the newsroom of the Financial Times.
0:12.6	Today is Friday, August 2nd, and this is your FT news briefing.
0:18.5	Donald Trump announces new tariffs on Chinese goods.
0:22.0	Corporate share buybacks are starting to cool.
0:24.4	Shares in Pinterest surge. And, faced with the uncertainty of Brexit, the Bank of
0:29.9	England cuts growth forecasts.
0:32.6	Plus George Parker, the F.T.'s political editor,
0:35.3	talks with me about Boris Johnson's first full week
0:38.1	since becoming Prime Minister of the UK,
0:41.0	and his Brexit plans.
0:43.0	I'm Mark Filipino and here's the news you need to start your day.
0:48.0	U.S. President Donald Trump has put an end to his trade truce with China's
0:54.8	zizying ping. Yesterday, Mr. Trump announced a 10% tariff on $300 billion of
1:01.1	additional Chinese goods. He made the call for increased
1:04.3	tariffs on Twitter saying that would start on September 1st. Earlier in the week
1:08.9	Mr. Trump said Beijing wasn't negotiating in good faith, failing to make good on promises to buy more U.S. farm
1:15.2	products. If these new tariffs do take effect, it would mean all of China's exports to the U.S.
1:21.6	would be levied. That could put even more pressure on the global
1:25.1	economy. And with Mr. Trump's tariff threat coming just a day after the Federal Reserve
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.