Listen Top Shows Blog

Trump Warns Businesses: Make Your Product in the U.S. or Face Tariffs

Trump Warns Businesses: Make Your Product in the U.S. or Face Tariffs

Update: 2025-01-23

Share

Description

Plus: CNN lays off about 6% of its workforce as part of a shift toward digital growth. And a U.K. regulator launches an investigation into Apple and Google’s cellphone ecosystems. Ariana Aspuru hosts.

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments

Top Podcasts

The Best New Comedy Podcast Right Now – June 2024 The Best News Podcast Right Now – June 2024 The Best New Business Podcast Right Now – June 2024 The Best New Sports Podcast Right Now – June 2024 The Best New True Crime Podcast Right Now – June 2024 The Best New Joe Rogan Experience Podcast Right Now – June 20 The Best New Dan Bongino Show Podcast Right Now – June 20 The Best New Mark Levin Podcast – June 2024

In Channel

A Late-Friday Stock Rally Wasn’t Enough to Dig Out of February’s Hole

A Late-Friday Stock Rally Wasn’t Enough to Dig Out of February’s Hole

2025-02-2802:21

Trump to Make English Official U.S. Language

Trump to Make English Official U.S. Language

2025-02-2802:26

FAA Wants to Hire More Air-Traffic Controllers

FAA Wants to Hire More Air-Traffic Controllers

2025-02-2802:15

Stocks Fall After President Trump Latest Tariff Threats

Stocks Fall After President Trump Latest Tariff Threats

2025-02-2702:13

Trump Announces Another 10% Tariff on China

Trump Announces Another 10% Tariff on China

2025-02-2702:16

Microsoft Calls on Trump to Relax AI Chip Export Rules

Microsoft Calls on Trump to Relax AI Chip Export Rules

2025-02-2702:27

Stocks Struggle to Shake Off Slump Amid Fresh Tariff Threats

Stocks Struggle to Shake Off Slump Amid Fresh Tariff Threats

2025-02-2602:11

U.S. New-Home Sales Slumped in January

U.S. New-Home Sales Slumped in January

2025-02-2601:53

House Republicans Pass Budget Plan

House Republicans Pass Budget Plan

2025-02-2602:08

Economic Worries and Tariff Fears Dragged on Markets Again

Economic Worries and Tariff Fears Dragged on Markets Again

2025-02-2502:24

U.S. Consumer Confidence Drops in February

U.S. Consumer Confidence Drops in February

2025-02-2502:19

Tesla Sales Crash in Europe

Tesla Sales Crash in Europe

2025-02-2502:24

Tech Stocks Are Stuck in a Slump

Tech Stocks Are Stuck in a Slump

2025-02-2402:33

Starbucks to Lay Off More Than 1,000 Workers

Starbucks to Lay Off More Than 1,000 Workers

2025-02-2402:43

Federal Agencies Push Back on Elon Musk’s Ultimatum

Federal Agencies Push Back on Elon Musk’s Ultimatum

2025-02-2402:33

Stocks Erase Weekly Gains As Investors Tap The Brakes

Stocks Erase Weekly Gains As Investors Tap The Brakes

2025-02-2102:10

DOJ Investigating UnitedHealth’s Medicare Billing Practices

DOJ Investigating UnitedHealth’s Medicare Billing Practices

2025-02-2102:35

Major League Baseball and ESPN to End TV Deal

Major League Baseball and ESPN to End TV Deal

2025-02-2102:36

Walmart’s Guidance Unsettles Investors Worried About Retail

Walmart’s Guidance Unsettles Investors Worried About Retail

2025-02-2002:05

Walmart Warns of Slower Sales Growth

Walmart Warns of Slower Sales Growth

2025-02-2002:10

00:00

00:00

1.0x

Transcript

00:00:00

This episode is brought to you by Buffalo Tracestillery.

00:00:04

Powerful, yet smooth, contained but never tame, probably going their own way, but never going alone.

00:00:10

This is the spirit inside Buffalo Trace Bourbon, made at Buffalo Trace Distillery.

00:00:15

The world's most award-winning distillery.

00:00:17

Buffalo Trace is always perfectly untamed, distilled aged and bottled by Buffalo Tracest Distillery, Franklin County, Kentucky, 90 proof,

00:00:29

45% alcohol by volume.

00:00:33

Here's your midday brief for Thursday, January 23rd.

00:00:36

I'm Adriana Usburu for the Wall Street Journal.

00:00:39

President Donald Trump today warned global leaders at the World Economic Forum in Davos, Switzerland that America first is back by any means necessary.

00:00:49

In a video address from Washington, Trump said his message to every business in the world is simple.

00:00:54

Come make your product in America or pay tariffs.

00:00:58

The president vowed to cut taxes for corporations to 15% down from 21%, if products are made in the U.S.

00:01:05

And he said that from an American standpoint, the EU treats the U.S.

00:01:09

"very, very unfairly, very badly", expressing frustration at tariffs' Europe places on American farm products and cars.

00:01:17

CNN is laying off roughly 200 employees, or about 6% of its workforce, as part of a plan to shift the cable TV brand's emphasis toward digital growth, and prepare it to launch a streaming service.

00:01:30

But the news network says the coming digital hires will roughly even out staff numbers.

00:01:34

According to Nielsen data, CNN averaged nearly 580,000 prime-time viewers in the three months through December, down by 74% from its peak in the fourth quarter of 2020.

00:01:45

And the UK's competition and markets authority said today that it's investigating mobile ecosystems controlled by Apple and Google's parent company Alphabet to decide if they need to obey a strict new law governing digital competition.

00:01:58

This includes the company's dominance in spaces like mobile phone operating systems, app stores, and web browsers.

00:02:04

If the investigations determine that the companies have what CMA calls "strategic market status," it can impose rules on them.

00:02:11

And Apple spokesperson said the tech giant faces competition in every segment in jurisdiction where it operates, and its priority is customer's trust.

00:02:20

Google said that it would work constructively with the CMA.

00:02:22

We'll have a lot more coverage of the day's news on the WSJ's What's News podcast.

00:02:27

You can add it to your playlist on your smart speaker, or listen and subscribe wherever you get your podcasts.

00:02:32

Trump Warns Businesses: Make Your Product in the U.S. or Face Tariffs

Trump Warns Businesses: Make Your Product in the U.S. or Face Tariffs

The Wall Street Journal

We and our partners use cookies to personalize your experience, to show you ads based on your interests, and for measurement and analytics purposes. By using our website and our services, you agree to our use of cookies as described in our Cookie Policy.