What Wall Street expects from Trump’s ‘liberation day’
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 2 April 2025
⏱️ 12 minutes
🧾️ Download transcript
Summary
US venture capital giant Andreessen Horowitz is in talks to invest in social media platform TikTok, US President Donald Trump is expected to lay out his sweeping tariffs policy today, and European inflation is down for the second straight month. Plus, Syria’s White Helmets have returned to Damascus as the country tries to rebuild from its brutal civil war.
Mentioned in this podcast:
Andreessen Horowitz in talks to help buy out TikTok’s Chinese owners
What to expect on ‘liberation day’
Eurozone inflation falls for second consecutive month to 2.2%
Syria’s White Helmets return to Damascus
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. Currently, we supply 27% of the UK's gas, |
| 0:07.0 | 15% of its oil, and we're playing our part in the UK's energy transition. In 2023, we invested |
| 0:14.1 | 20% of our global gross spend in renewables and lower carbon solutions. Today, our wind farms power |
| 0:20.0 | 750,000 homes, and we expect this to grow to |
| 0:23.3 | over 7 million UK households. We're an energy company searching for better. Equinor.com. |
| 0:29.0 | UK. |
| 0:33.5 | Good morning from the Financial Times. Today is Wednesday, April 2nd, and this is your FT News briefing. |
| 0:39.3 | An American company is trying to take a bite out of TikTok. |
| 0:43.3 | And it's tariff day here in the U.S. |
| 0:45.5 | We've got the view from Wall Street. |
| 0:47.7 | The market just wants certainty. |
| 0:50.3 | The market has been suffering probably more from the vacillation and uncertainty about tariff policy |
| 0:58.0 | than it has from the threat of very high tariffs itself. |
| 1:02.7 | Plus, a Syrian group of first responders is staging a comeback. |
| 1:07.2 | I'm Mark Filipino, and here's the news you need to start your day. |
| 1:20.9 | Music I'm Mark Filipino, and here's the news you need to start your day. Andresen Horowitz is in talks to help buy out TikTok's Chinese owner. |
| 1:25.4 | The bid comes as the Trump administration is trying to force |
| 1:28.4 | BightDance to give up control of the popular social media app. If BightDance doesn't |
| 1:33.5 | offload TikTok to non-Chinese entities, it will be banned in the U.S. on Saturday. |
| 1:39.4 | Andresen Horowitz's potential investment is part of a wider effort that Oracle is putting together, and sources |
| 1:45.0 | tell the F.T. The bid is a frontrunner. |
| 1:53.9 | It is finally here. U.S. President Donald Trump is set to announce his tariff plans today, and he's promised this will be a, quote, |
... |
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