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WSJ What’s News

Trump Presses Ahead With More Tariffs

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 10 February 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

A.M. Edition for Feb. 10. The U.S. is imposing 25% levies on steel and aluminum imports today, with further trade announcements expected in the coming days, but the market’s reaction is muted. Plus, France attempts to rival Stargate with plans to use nuclear energy to power a huge AI project. And WSJ reporter Jack Pitcher explains how speculative meme-coin funds pegged to assets linked to President Trump look set to test the boundaries of U.S. financial regulators. Luke Vargas 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

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to Guard Your Card because Americans lose when politicians choose. Learn more at

0:28.1

guardycard.com.

0:33.3

President Trump slaps tariffs on steel and aluminum. We'll look at how markets are responding.

0:39.7

Plus, France's answer to Stargate, using nuclear energy to power a huge AI project.

0:46.7

And speculative meme coin funds look set to test regulators' boundaries.

0:51.4

The new SEC under the Trump administration essentially has to decide where, if anywhere, to draw

0:58.1

the line on crypto.

0:59.4

And it's an interesting proposition when the president's name is on a couple of these meme

1:03.3

coins.

1:04.0

It's Monday, February 10th.

1:05.6

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News,

1:12.5

the top headlines and business stories moving your world today.

1:16.7

The U.S. is imposing 25% tariffs today on imported steel and aluminum, fulfilling a campaign

1:23.7

promise made by President Trump. The levies will target every nation that exports the

1:29.5

metals to the U.S. And Ohio Republican Senator Bernie Moreno, a Trump ally, said that the

1:35.1

measures would be structural and long-term, not the kind that can be averted by a few phone calls

1:41.1

from foreign leaders. Trump has previously pledged to impose levies on computer chips,

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