Trump Floats Lower China Tariff Ahead of Trade Talks
P.M. Edition for May 9. In a social-media post, President Trump said lowering tariffs on Chinese goods to 80% “seems right.” Meanwhile, Beijing moved to enforce restrictions on exports of rare-earth metals before this weekend’s talks in Switzerland. But when it comes to the future of electric motors, that might not matter; WSJ tech columnist Christopher Mims tells us about one startup that’s using iron and steel instead. Plus, Newark Liberty International Airport suffers its second tech outage in two weeks. Victoria Craig hosts.
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14:23
Europe’s Dawning Terror Threat? Young Online Radicals
A.M. Edition for May 9. Chinese exports to the U.S. plunged in April as the Trump administration’s tariff assault forced the world’s second-largest economy to redirect more of its goods to other markets. Plus, President Trump resurrects a proposed ‘millionaire tax’ despite opposition from congressional Republicans. And correspondent Sune Rasmussen explains how European authorities are struggling to respond to a new generation of young extremists being radicalized online. Luke Varg as hosts.
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13:53
First American Pope Elected to Lead Catholic Church
P.M. Edition for May 8. Who is Robert Francis Prevost, the Catholic Church’s 267th pontiff? WSJ reporter Drew Hinshaw answers that question from Vatican City. Plus: the U.S. agrees to a new trade deal with the U.K.—while the European Union draws up a list of American tariff targets. WSJ’s Kim Mackrael has the details from Brussels. And, the Federal Aviation Administration could modernize the nation’s air-traffic control system in the next few years, but Transportation Secretary Sean Duffy says Congress needs to front the funding. Victoria Craig hosts.
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15:11
U.S., U.K. to Unveil Trade-Deal Framework
A.M. Edition for May 8. In a first since President Trump’s ‘Liberation Day’ tariff announcements, the U.S. is expected to announce a framework of a trade deal with the United Kingdom. Correspondent Max Colchester explains that despite the likely straightforward nature of the agreement, it hints at the White House’s broader strategy. Plus, why tariff whiplash is spurring some central banks to cut rates, even as the Fed stands pat. And President Trump looks to cement his ‘Make America Healthy Again’ agenda with his pick for surgeon general. Luke Vargas hosts.
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12:19
Fed Warns of Increased Uncertainty, Holds Rates
P.M. Edition for May 7. Despite political pressure from President Trump, the Federal Reserve kept interest rates steady today. WSJ chief economics commentator Greg Ip explains how tariff uncertainty factored into their decision. And Disney seeks a foothold in the Middle East with an upcoming theme park in Abu Dhabi. WSJ entertainment reporter Ben Fritz has details on the company’s ambitions. Plus, investigations reporter Katherine Long tells us what U.S. spy agencies are after in Greenland. Victoria Craig hosts.
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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.
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