Trump Floats Blanket Tariff Rate of 10% or 15% for 150 Countries

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 17 July 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for July 17. The dollar rises on President Trump’s latest tariff threat to notify as many as 150 nations about unilateral levies. Plus, Canadian convenience store giant Alimentation Couche-Tard abandons a $47 billion bid to buy Japanese 7-Eleven operator Seven & i. And WSJ’s Eliot Brown says some Trump administration officials are holding up a landmark deal that would allow the United Arab Emirates to buy billions of dollars in Nvidia’s cutting-edge artificial-intelligence chips over national-security concerns. 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	Oh, that's my prime delivery.
0:01.6	What, already?
0:02.7	Only one thing can match the buzz of Prime's fast delivery.
0:06.2	And that's the buzz of Prime's entertainment.
0:09.0	What are we watching?
0:09.7	Heads of state, that new action comedy with Idris Elber as the Prime Minister,
0:13.3	John Sina as the president, and Priyanka Chopra Jonas, as their only hope.
0:17.0	It looks like a blast.
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0:27.5	For more information, go to amazon.com.uk.U.K. slash Prime.
0:33.8	Investors warn that the independence of the Federal Reserve matters as the market reacts.
0:39.4	It's worried that a politicized Fed will not try its hardest to keep inflation down.
0:45.8	That if Powell is fired and a new person wants to cut rates right away, that you'll
0:50.1	reignite the kind of inflation that we saw in the aftermath of the pandemic.
1:00.5	Plus, national security concerns hold up a landmark deal for the UAE to buy NVIDIA's cutting-edge chips.
1:02.0	And President Trump tells Coca-Cola to put real sugar back in its American recipe.
1:08.2	It's Thursday, July 17th.
1:10.1	I'm Azhar Sukri for the Wall Street Journal.
1:12.6	Here is the AM edition of What's News, the top headlines and business stories moving your world today.
1:23.1	The dollar rebounded this morning after President Trump said he plans to write to as many as 150 nations,
1:31.1	setting a blanket unilateral tariff rate, which he said could be 10% or 15%.
	...

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