The Trump Administration&#x27;s latest slate of global tariffs may be more durable than earlier tariff regimes. President Donald Trump makes a new demand that could derail a U.S.-Saudi nuclear agreement. Congress is proposing new ways to regulate AI after an OpenAI agent went &quot;rogue.&quot; Federal prosecutors withdraw subpoenas for New York Times reporters - at least for now. And Ukraine has a new target: Russian e-retailers. Listen to the Morning Bid podcast ⁠⁠⁠⁠here⁠⁠⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠⁠⁠here⁠⁠⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠⁠⁠here⁠⁠⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

New US tariffs, Trump's Saudi Arabia demand and AI ‘kill switch’

Reuters World News 

[SPEAKER_A] Hi, I'm Kim Vadell in Whanganui, New Zealand. It's Friday, July 24th. Today, the Trump Administration slaps new tariffs on more than 60 trading partners, making sure the president's controversial trade strategy sticks. Washington's nuclear deal with Saudi Arabia comes with a new demand: normalized relations with Israel. Congress acts over fears advanced AI could go rogue. And Ukraine brings the war closer for Russians by targeting people's online shopping. This is Reuters World News, bringing you everything you need to know from the frontlines in 10 minutes, 7 days a week. A new chapter in US President Donald Trump's global The Trump Administration's trade war begins today. The administration is slapping new tariffs on 60 trading partners, including the European Union. It's a way around the biggest court defeat of Trump's presidency so far, when the Supreme Court struck down his broad global tariffs that were central to his trade agenda. Trump then put in place new temporary tariffs, which have now expired. Reuters economics correspondent David Lauder says the new tariffs of between 10% and 12.5% mostly keep the status quo. But this is about keeping Trump's overarching trade plan in place.

[SPEAKER_B] Trade law experts think these tariffs may have a better chance of surviving court challenges because they're done under a well-tested trade law, Section 301 of the Trade Act of 1974. This was the law that was used to back the Trump tariffs in his first terms against China. Now, Trump did not choose to use it when he came into office in 2025 because it took longer. You have to go through a whole legal process of investigation and public comment, have public hearings. They've had two sets of public hearings on these forced labor tariffs.

New US tariffs, Trump's Saudi Arabia demand and AI ‘kill switch’

Read the full transcript

The candid version is on a podcast,
not the earnings call.

New US tariffs, Trump's Saudi Arabia demand and AI ‘kill switch’

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.