Kate Bullivant
speaker
258 appearances
13 recordings
1 series
first heard Mar 2025
last heard 9 Oct
Kate Bullivant’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Oct 2025 with 1.
Appearances
But as finance editor Alex Frangos explains, it'll be Federal Reserve Chair Jerome Powell's speech today that really matters to investors.
Fitch Ratings has added its name to a slew of prominent forecasters, downgrading the outlook for world economic growth. Its economic outlook predicts that the global trade war will reduce US and world growth, push up US inflation and delay Federal Reserve rate cuts. The US is now expected to grow 1.7% this year. well below growth rates of closer to 3% in both 2023 and 2024.
Fears of a recession in the US have grown sharply in the last month, with the Trump administration ramping up tariffs on Canada, Mexico and China, while extending tariffs to imports of steel and aluminum. Coming up, tariffs might be roiling markets and the economic outlook right now, but they're not a new phenomenon. We look at what a decades-old chicken tax tells us about Trump's tariff plans.
That story after the break. Since the 1960s, the US has imposed a 25% tariff on imported trucks, after President Lyndon B. Johnson introduced a tax hitting back at European levies on American poultry. The so-called chicken tax may be from the history books, but as the Trump administration pursues a barrage of new tariffs, Auto's reporter Stephen Wilmot explains how it shows the power of tariffs to
to reshape global trade, competition and industry over decades. Stephen, take us back to the 1960s. What is the chicken tax?
How does the chicken tax compare to the different types of tariffs we're seeing being rolled out today by the Trump administration?
Stephen, what were some of the workarounds to the chicken tax in the 60s?
So what are the learnings here from looking back at the chicken tax and how it's impacted U.S. industry?
Stephen, thanks so much for taking us on this history lesson and how that's impacting what we're seeing today.
And in other market news, we're exclusively reporting that activist investor Starboard Value is preparing to wage a proxy fight at the design software maker Autodesk. Starboard reportedly has a more than $500 million stake in Autodesk and intends to nominate a minority slate of director candidates ahead of the tech company's coming annual meeting.
Autodesk's shares have fallen steeply since touching a record high in August 2021. The stock is down about 12% so far this year. Meanwhile, an activist investor is pushing for Rio Tinto to unify its dual-listed corporate structure into a single Australian-based company.
London-based hedge fund Palliser Capital wants an independent review into whether unification would be in the best interest of shareholders. But the Mining Giants board has unanimously recommended that shareholders vote against the resolution. And that's it for What's News for this Wednesday morning. Today's show was produced by Daniel Bark with supervising producer Sandra Kilhoff.
And I'm Kate Bullivant for The Wall Street Journal, filling in for Luke Vargas. We will be back tonight with a new show. Until then, thanks for listening.
Israel relaunches attacks in Gaza overnight, killing hundreds of people. Plus, the Kremlin pours cold water on hopes for a Ukrainian ceasefire ahead of today's call between Presidents Trump and Putin.
And two astronauts stuck in space for nine months are finally coming home. It's Tuesday, March 18th. I'm Kate Bullivant for The Wall Street Journal, filling in for Luke Vargas. And here is the AM edition of What's News, the top headlines and business stories moving your world today. Israel has launched a series of attacks against Hamas targets across the Gaza Strip overnight and into the morning.
The strikes have killed at least 300 people, according to the Gaza health authorities, and follow a breakdown in talks to release the remaining hostages. The journal's Anat Paled says the strikes are the most extensive since the ceasefire took effect in January.
According to an Israeli official, President Trump gave Israel the green light to restart attacks on Hamas after the group failed to give up any of the 59 hostages that remain in Gaza. In a statement shared on Telegram, Hamas blamed Israeli Prime Minister Benjamin Netanyahu and his government for endangering the lives of remaining hostages by overturning the ceasefire.
We're exclusively reporting that Trump administration officials are roiled in debate over how to implement the President's pledge to equalise US tariffs with those charged by other nations. Trump's team have recently been weighing whether to simplify the complex task by sorting nations into one of three tariff tiers – low, medium and high rates.
The proposal was later ruled out, however, according to an administration official close to the talks, adding that Trump's team is still trying to sort out how to implement an individualised rate for each nation.
The debate comes as aides are scrambling to meet the president's deadline of April 2nd to debut a reciprocal tariff plan, along with additional 25% duties on a handful of industries such as autos, semiconductors and pharmaceuticals. President Donald Trump is due to speak to Russian President Vladimir Putin today in the hopes he can secure a 30-day ceasefire in Ukraine.
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