Copper Prices Hit Record High as Trump Unveils 50% Tariffs
P.M. Edition for July 8. During a cabinet meeting today, President Trump announced a 50% tariff on copper and threatened the European Union with steep tariffs if it doesn't reach a trade deal with the U.S. WSJ reporter Kim Mackrael says the EU’s member states are split as to how to handle Trump’s demands. Plus, the Supreme Court has lifted a halt on President Trump’s plan to shrink the federal workforce, clearing the way for potential mass layoffs of federal workers. And New York City real-estate executives are fighting to block Democratic mayoral nominee Zohran Mamdani from winning the general election in November. Reporter Rebecca Picciotto explains why they’re switching their support (and money) from former Gov. Andrew Cuomo to incumbent Eric Adams. Alex Ossola hosts.
Sign up for the WSJ's free What's News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
13:23
--------
13:23
Relief or More Uncertainty? The World Reacts as Trump Extends Tariff Deadline
A.M. Edition for July 8. After President Trump announced a three-week extension for countries to strike trade deals or face new tariffs, WSJ senior reporter Jon Emont explains how America’s top trading partners in Asia and global businesses are reacting. Plus, Trump promises to resume defensive weapons shipments to Ukraine amid growing frustration with Moscow’s continued attacks. And Amazon drags out its Prime Day deals in a bid to lure more shoppers. Luke Vargas hosts.
Sign up for the WSJ’s free What’s News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
12:13
--------
12:13
U.S. Stocks Fall as Trump Renews Trade Tensions
P.M. Edition for July 7. President Trump extended the deadline on so-called reciprocal tariffs to Aug. 1 while announcing 25% tariffs on goods from Japan and South Korea. Several more nations received similar notifications. Plus, heavy rain continues in Texas, where the death toll from the flash floods has risen to 90. And President Trump is meeting Israeli Prime Minister Benjamin Netanyahu at the White House. WSJ national security correspondent Michael Gordon discusses how a changed Middle East could be ripe for Trump’s dealmaking diplomacy. Alex Ossola hosts.
Sign up for the WSJ's free What's News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
13:43
--------
13:43
Trump Opens Key Trade Week With Fresh Tariff Threat
A.M. Edition for July 7. President Trump threatens additional 10% tariffs on countries that align with the Brics group of emerging economies. WSJ deputy editor Quentin Webb says it kicks off a crucial week for trade ahead of a Wednesday deadline for dozens of countries to strike a deal with Washington. Plus, the search for survivors in Central Texas continues after flash floods on Friday killed at least 82 people. And Tesla investors question Elon Musk’s plans to form a new political party and send the stock tumbling in pre-market trade. Luke Vargas hosts.
Sign up for the WSJ’s free What’s News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
14:17
--------
14:17
Republicans Triumph as House Passes Trump’s Megabill
P.M. Edition for July 3. House Republicans overcame some lawmakers’ resistance to narrowly pass the tax-and-spending bill ahead of President Trump’s July 4 deadline. WSJ reporter Jasmine Li discusses what’s in the final bill. Plus, U.S. stocks notch another closing high after the Labor Department’s June jobs report came in stronger than expected. We hear from WSJ investing columnist Spencer Jakab about what the report says about the economy, and what’s now on Fed officials’ minds ahead of their meeting later this month. And Journal science reporter Nidhi Subbaraman tells us how Harvard is already preparing to fill the gaps in its budget left by a loss of federal funding. Alex Ossola hosts.
Sign up for the WSJ's free What's News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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.
Österreich