Trump Threatens New Japan Tariffs as Trade Tensions Resurface

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 1 July 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for July 1. Senators debate through the night in a marathon effort to pass the GOP’s megabill. Plus, President Trump threatens new tariffs on Japan as trade negotiations stall. WSJ editor Peter Landers explains why the two countries are seemingly at odds and what’s at stake economically. And how an AI career coach could give you the judgement-free push you might not get from a human. 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	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.
0:18.3	From fast delivery to explosive entertainment, it's on Prime.
0:22.5	For only $899 a month, join now. Content includes limited ads, subscription or to renews.
0:27.5	For more information, go to amazon.com.uk.U.K. slash prime.
0:33.8	Senators debate through the night in a marathon effort to pass their mega bill.
0:38.3	Plus, President Trump threatens higher tariffs on Japan as trade negotiations stall,
0:43.3	and California dismantles a landmark environmental law to tackle its housing crisis.
0:49.3	This single law has really been the biggest impediment to really building enough housing to
0:55.0	match what California needs. And now it's basically been gutted and it's going to be a holy ballgame.
1:01.5	It's Tuesday, July 1st. I'm Luke Vargas for the Wall Street Journal. And here is the AM edition
1:06.6	of What's News, the top headlines and business stories moving your world today.
1:16.6	The sun has risen in Washington, D.C., with members of the Senate continuing to debate amendments
1:21.9	to President Trump's tax and spending package. Republicans like South Carolina's Lindsay Graham
1:27.2	see the bill as necessary
1:28.5	to prevent a damaging tax increase, while Democrats like Arizona's Mark Kelly have sought to
	...

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