Transcript
Carmen Roberts (0:02)
The president's new tariffs go into effect. I'm Carmen Roberts, Fox News. President Trump posted on Truth Social that billions of dollars in tariffs are now flowing into the United States of America. His reciprocal tariffs of 10% to 40% started at midnight eastern time for US trading partners that have not reached a deal. This as tech giant Apple Announces is ramping up its investments in the U.S.
Tim Cook (0:26)
Apple CEO Tim Cook joined President Trump in the Oval Office for an announcement that the company is committing another $100 billion to expand production facilities on top of a $500 billion pledge earlier this year.
Jared Halpern (0:39)
We're going to keep making investments right here in America. We're going to keep hiring in America.
Tim Cook (0:45)
President Trump says he will impose a 100% tariff on computer chips and semiconductors imported from overseas.
Brigadier General John Lubas (0:53)
And I think the chip companies are all coming back home.
Tim Cook (0:56)
The president says companies making computer chips us Will not face that import tax. Still, the proposed tariffs could increase the cost of household electronics and vehicles. At the White House, Jared Halpern, Fox News.
Carmen Roberts (1:09)
Apple shares led tech stocks higher with the NASDAQ gaining 253 points, or more than 1%. The Dow rose 81 points. Five U.S. army soldiers are in stable condition after being shot Wednesday by a fellow soldier at Fort Stewart, Georgia.
Jared Halpern (1:23)
Soldiers in the area that witnessed the shooting immediately and without hesitation tackled the soldiers subdued him. That allowed law enforcement to then take him into custody.
Carmen Roberts (1:34)
Brigadier General John Lubas identified the suspect as 28 year old Cornelius Radford. No word automotive as some United Airlines planes are flying again after a ground stop Wednesday at several major airports in the U.S. united canceled more than 180 flights delayed nearly 1100 as it dealt with a technical issue involving weight and balance. America's listening to Fox News.
Jeff Manasso (1:59)
It's an interesting time for business. Tariff and trade policies are dynamic, supply chains are squeezed and cash flow tighter than ever. If your business can't adapt in real time, you're in a world of hurt. You need total visibility from global shipments to tariff impacts to real time cash flow. That's NetSuite by Oracle, your AI powered business management suite. Trusted by over 42,000 businesses. NetSuite is the number one cloud ERP for many reasons. It brings accounting, financial management, inventory, HR into one suite. You have one source of truth giving you the visibility and control you need to make quick decisions. With real time forecasting, you're peering into the future with actionable data. And with AI embedded throughout, you can automate a lot of those everyday tasks, letting your team stay strategic. Netsuite helps you know what's stuck, what it's costing you and how to pivot fast. If your revenues are at least in the seven figures, download the free ebook Navigating Global Trade. Free insights for leaders@netsuite.com fox that's netsuite.com.
