Azhar Sukri
speaker
827 appearances
20 recordings
1 series
first heard May 2025
last heard Aug 2025
Azhar Sukri’s voice in public audio — every appearance, attributed to the second.
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Appearances
I'm Azhar Sukri for The Wall Street Journal.
We'll be back tonight with a new show.
Until then, have a great weekend and thanks for listening.
WSJ What’s News · Chips, Juice and Airplanes - Exemptions Confuse as Tariffs Kick In · 7 Aug 2025
podcast
Tech stocks gain after President Trump exempts firms including Apple from 100% levies on chips.
But confusion reigns as reciprocal tariffs kick in for US trading partners around the world.
And we look at just how many billions of dollars the trade war is costing everything from automakers to the poorest countries.
It's Thursday, August the 7th.
I'm Azhar Sukri for The Wall Street Journal.
Here is the AM edition of What's News, the top headlines and business stories moving your world today.
Tech stocks are gaining after President Trump last night announced 100% tariffs on chips and, to the relief of companies like Apple, exemptions for tech firms that invest in the US.
Apple CEO Tim Cook yesterday promised to invest an additional $100 billion in the country.
That's on top of the $500 billion pledge Apple made in February.
Here's the president.
Journal finance editor Alex Frangos says markets, and not least, tech companies, are taking the announcements in stride.
The levies on chips come ahead of sweeping new tariffs that went into force today.
That includes a 50% levy on imports from India and Brazil, near 20% tariffs on Southeast Asian countries, and a 15% rate on most industrialised economies like Japan and the EU.
But as Alex explains, carve-outs and exemptions like the one Apple received are causing confusion.
And it's not just chip makers that are feeling the brunt.
A journal tally of this earnings season reveals that the trade war has inflicted almost $12 billion in losses on global automakers.
Just this morning, Toyota said tariffs reduced its operating profit in the second quarter by $3.1 billion.
Showing 521–540 of 827 · page 27 of 42
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