meta_pixel
Tapesearch Logo
Log in
The Fox News Rundown

From Washington: Are Tariff Fears Overblown?

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.4 • 1.7K Ratings

🗓️ 16 February 2025

⏱️ 36 minutes

🧾️ Download transcript

Summary

This week, President Trump announced a plan to increase tariffs to match other countries' tax rates on imports. The President says tariffs are a tool that can help negotiate better trade deals with foreign nations and ease Americans' tax burden. However, others are concerned that this could result in higher prices for American consumers and reduce demand for American exports. Research Fellow at the Heritage Foundation's Center for the Federal Budget EJ Antoni explains why many tariff fears are overblown and details how they can be beneficial if implemented correctly. Vice President JD Vance traveled to Europe earlier this week as the United States participated in the Artificial Intelligence Summit in Paris. VP Vance stated that the US is the leader in AI and that foreign adversaries have weaponized the technology. The US, alongside Great Britain, did not sign the AI summit declaration. Satya Thallam, Senior Advisor for Responsible Innovation and former Senior Counselor to the White House Office of Management and Budget, joins to react to the summit and explains how the US will advance its AI capabilities.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Here's the truth about AI. AI is only as powerful as the platform it's built into. Service Now puts AI to work for people across your business, removing friction and frustration for your employees, supercharging productivity for your developers, providing intelligent tools for your service agents to make customers happier, all built into a single platform you can

0:22.0

use right now. That's why the world works with ServiceNow. Visit ServiceNow.com

0:27.9

slash UK slash AI for people. Get ready for a game changer. Adobe Express is the quick and easy app

0:34.4

that makes creating content for your business easier than ever.

0:42.7

From engaging presentations to eye-catching animations and social posts, your teams can produce work that's on brand and on time every time. Transform your ideas into stand-out content

0:48.5

with time-saving generative AI features that are designed to be safe for commercial use. No headaches,

0:56.6

just results. Curious to learn more,

1:09.9

head to Adobe.com forward slash express. Sunday, February 16th, 2025. I'm Jared Halper. A lot of the things you buy will now have new tariffs. What does that mean for prices and the government's financial health?

1:16.6

There are no winners in trade wars. They're only losers, but not everyone loses equally. I'm Jessica Rosenthal. The United States participated in the AI summit in Europe this past week, but declined to sign on to the summit statement as Vice President Vance signaled America's intention to be the leader in artificial intelligence.

1:35.3

That's kind of the tone that we're studying. That should be the load start, the driving goal that all policies should flow from.

1:42.6

This is the Fox News Rundown from Washington.

1:54.9

If you put tariffs on American goods, expect tariffs to be put on the goods you send to the U.S.

2:01.0

That's the idea behind reciprocal tariffs announced by President Trump.

2:05.9

This is something that should have been done many years ago.

2:09.3

China did it.

2:10.0

I mean, China did it at a level that probably nobody's ever seen before.

2:15.7

If you manufactured a car, you couldn't send it into China. The

2:19.8

tariff was so high. So everybody went and they built in China. It was no big secret. So we're going

2:26.0

to see, but it's going to mean tremendous amounts of jobs. And ultimately, prices will stay the same

2:31.3

go down. That tariff announcement followed the president imposing 25% tariffs

2:36.0

on austerell and aluminum imports a few days earlier. And he's suggesting tariffs could be coming

2:41.3

for vehicles, computer chips and pharmaceuticals manufactured overseas and sent to the U.S.

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2026.