Hardball or a Hail Mary? Trade Tactics Go Down to the Wire

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 6 August 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Aug 6. With scores of countries facing steep reciprocal tariffs tomorrow, WSJ markets reporter Chelsey Dulaney says governments without a U.S. trade deal are either rushing to Washington for talks or taking on the fight. Plus, special envoy Steve Witkoff meets President Putin just days before the White House's deadline for Russia to reach a peace deal with Ukraine or potentially face severe economic penalties. And, RFK Jr. pulls $500 million in funding for U.S. vaccine research. 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.
0:26.7	That's LinkedIn.com slash lead. Terms and conditions apply.
0:33.5	India plays hardball while Switzerland hopes for a Hail Mary just hours before steep US tariffs come into effect.
0:41.6	Plus, foreign envoy Steve Whitkoff makes a last-minute trip to Moscow as Trump's Russia sanctions loom.
0:48.2	And the UN hopes to shore up critical minerals for the world's energy needs, but will it work?
0:54.6	Countries like the US and China are not going to be willing to give up the control they
0:58.1	already have over the industry, because for them, they control the pricing power as it is.
1:03.5	It's Wednesday, August 6th. I'm Azha Sukri for the Wall Street Journal.
1:08.0	Here is the AM edition of What's News, the top headlines and
1:11.7	business stories moving your world today. As the clock ticks down toward President Trump's
1:18.5	next tariff deadline tomorrow, some of the countries facing the largest tariff threats
1:23.9	and yet to reach a trade deal with the US are taking very different approaches
1:28.9	to negotiations. With Trump now threatening tariffs on India beyond the planned 25%, the country
1:36.3	is refusing to cave to US demands for it to end large-scale purchases of Russian oil,
1:42.8	prompting a response from Moscow that India is free to choose
1:46.4	its own trading partners. Here's journal Markets reporter Chelsea Delaney.
1:51.5	Trump said on CNBC Tuesday that he could be raising tariffs on them significantly in the next
	...

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