Investors Cheer a Tariff Rollback for the Tech Industry

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 14 April 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A.M. Edition for April 14. Global stocks rise after a Friday filing showed that smartphones, computers and other categories of tech products will be exempt from sweeping tariffs imposed earlier this month. WSJ markets reporter Caitlin McCabe surveys how equities are responding. Plus, data news editor Anthony DeBarros breaks down the Journal’s latest survey of economists, which featured an unusual lack of consensus about future U.S. growth prospects. And a Trump official who oversaw the closure of USAID has left the State Department. 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

Click on a timestamp to play from that location

0:00.0	The new five-pound meal deal from McDonald's.
0:02.0	Get a cheeseburger or mayo chicken, medium fries, four McNuggets and a medium soft drink for guess what?
0:08.0	That's right, five pounds.
0:10.0	It's not called the five-pound meal deal for nothing.
0:14.0	From 11 a.m. Not available on delivery. Carbulated soft drink upgrade fees apply.
0:18.0	Participating restaurants, subjects availability.
0:20.0	Global stocks rise as a Carbonated soft drink upgrade fees apply. Participating restaurants, subjects availability.
0:28.9	Global stocks rise as investors cheer on, a rollback of tariffs for the tech sector.
0:37.0	Plus, the journal's latest survey of economists reveals an unusual lack of consensus about future U.S. growth prospects.
0:42.4	Typically, the consensus is a bit tighter, but the fact that the Trump administration has been enacting tariffs, pausing tariffs. We can see in the gyrations of the stock market that
0:48.5	everyone's trying to find some certainty amidst all of the changes. And an update on U.S.-Iran nuclear talks held over the weekend.
0:57.4	It's Monday, April 14th. I'm Luke Vargas for the Wall Street Journal, and here is the AM edition
1:02.8	of What's News, the top headlines and business stories moving your world today.
1:09.3	Global markets and tech stocks in particular are starting the week on positive footing
1:14.3	after U.S. Customs and Border Protection said in a filing late Friday that computers,
1:19.8	tablets, Apple watches, and other electronics will be able to dodge many tariffs on Chinese
1:25.8	products, as well as the 10% tariff on all global imports.
1:30.5	That news initially fueled hope that the tech industry could avoid an immediate surge in costs,
1:36.4	though relief could be short-lived, with President Trump saying tech products will soon be covered by
1:42.5	separate semiconductor tariffs, the details of which
1:45.5	he said on Air Force One could come this week. Well, here with more on what markets are making
1:50.8	of all of this. I'm joined by journal reporter Caitlin McCabe. Caitlin, walk us through what we're
	...

Transcript will be available on the free plan in 17 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.