Luke Vargas
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Until then, thanks for listening.
Until then, thanks for listening.
Global stocks rise as investors cheer on a rollback of tariffs for the tech sector. Plus, the journal's latest survey of economists reveals an unusual lack of consensus about future U.S. growth prospects.
Global stocks rise as investors cheer on a rollback of tariffs for the tech sector. Plus, the journal's latest survey of economists reveals an unusual lack of consensus about future U.S. growth prospects.
And an update on U.S.-Iran nuclear talks held over the weekend. It's Monday, April 14th. I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today. Global markets and tech stocks in particular are starting the week on positive footing after U.S.
And an update on U.S.-Iran nuclear talks held over the weekend. It's Monday, April 14th. I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today. Global markets and tech stocks in particular are starting the week on positive footing after U.S.
Customs and Border Protection said in a filing late Friday that computers, tablets, Apple Watches and other electronics will be able to dodge many tariffs on Chinese products, as well as the 10 percent tariff on all global imports.
Customs and Border Protection said in a filing late Friday that computers, tablets, Apple Watches and other electronics will be able to dodge many tariffs on Chinese products, as well as the 10 percent tariff on all global imports.
That news initially fueled hope that the tech industry could avoid an immediate surge in costs, though relief could be short-lived, with President Trump saying tech products will soon be covered by separate semiconductor tariffs, the details of which he said on Air Force One could come this week.
That news initially fueled hope that the tech industry could avoid an immediate surge in costs, though relief could be short-lived, with President Trump saying tech products will soon be covered by separate semiconductor tariffs, the details of which he said on Air Force One could come this week.
Well, here with more on what markets are making of all of this, I'm joined by journal reporter Caitlin McCabe. Caitlin, walk us through what we're seeing this morning in response to this latest U.S. trade messaging.
Well, here with more on what markets are making of all of this, I'm joined by journal reporter Caitlin McCabe. Caitlin, walk us through what we're seeing this morning in response to this latest U.S. trade messaging.
God, and those big names had fallen further than the market on average in recent weeks. And yet, whether we're speaking about Apple or some of these other big companies in tech, they're not entirely out of the woods, are they?
God, and those big names had fallen further than the market on average in recent weeks. And yet, whether we're speaking about Apple or some of these other big companies in tech, they're not entirely out of the woods, are they?
That was markets reporter Caitlin McCabe. Caitlin, thanks as always. Thanks for having me. Meanwhile, new data from China today shows the country's exports rose by more than 12 percent last month compared to a year earlier. The surge was driven by U.S.
That was markets reporter Caitlin McCabe. Caitlin, thanks as always. Thanks for having me. Meanwhile, new data from China today shows the country's exports rose by more than 12 percent last month compared to a year earlier. The surge was driven by U.S.
importers in the waning weeks before tariffs on Chinese goods kicked in and precedes what economists expect to be a sharp slowdown in Chinese export growth in the coming months. Chinese exports to Vietnam and Thailand also showed a notable uptick last month, according to Capital Economics, possibly reflecting efforts to reroute goods to the U.S.
importers in the waning weeks before tariffs on Chinese goods kicked in and precedes what economists expect to be a sharp slowdown in Chinese export growth in the coming months. Chinese exports to Vietnam and Thailand also showed a notable uptick last month, according to Capital Economics, possibly reflecting efforts to reroute goods to the U.S.
through those economies, a backdoor that President Trump has signaled he wants to slam shut. Meanwhile, Chinese leader Xi Jinping is in Vietnam today at the start of a trip aimed at shoring up relations with some of China's closest trading partners in Southeast Asia, whom Trump has targeted with high reciprocal tariffs.
through those economies, a backdoor that President Trump has signaled he wants to slam shut. Meanwhile, Chinese leader Xi Jinping is in Vietnam today at the start of a trip aimed at shoring up relations with some of China's closest trading partners in Southeast Asia, whom Trump has targeted with high reciprocal tariffs.