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Wall Street Week - What's in a name? | Tariffs hit autos, naming the Inflation Reduction Act, AI hurdles

What's in a name? | Tariffs hit autos, naming the Inflation Reduction Act, AI hurdles

02/22/25 • 34 min

Wall Street Week

This week, we look at why US automakers are getting hit by the threat of tariffs meant to protect them. And, the Inflation Reduction Act was supposed to be able to pay for its spending without increasing inflation - did it live up to its name? Plus, the promise of AI keeps growing along with the hurdles in its way. We talk to Nobel Laureate Geoffery Hinton and "Chip War" author, Chris Miller.

See omnystudio.com/listener for privacy information.

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This week, we look at why US automakers are getting hit by the threat of tariffs meant to protect them. And, the Inflation Reduction Act was supposed to be able to pay for its spending without increasing inflation - did it live up to its name? Plus, the promise of AI keeps growing along with the hurdles in its way. We talk to Nobel Laureate Geoffery Hinton and "Chip War" author, Chris Miller.

See omnystudio.com/listener for privacy information.

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Wall Street Week - What's in a name? | Tariffs hit autos, naming the Inflation Reduction Act, AI hurdles

Transcript

Speaker 1

Bloomberg Audio Studios, podcasts, radio news.

Speaker 2

This is Wall Street Week. I'm David Weston, bringing you stories of capitalism. Vice President Vance tells the world the US will lead in artificial intelligence, but there are some hurdles to get over in the race to get there.

Speaker 2

Plus the story of the tax on stock buybacks that was going to make s

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