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WSJ Minute Briefing

China and Canada Establish A New Trade Partnership

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 16 January 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: U.K. regulators approve a higher dose of Wegovy. And FedEx secures financing ahead of the spin-off of its trucking division. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

As companies seek to close growing gaps in skills and talent,

0:04.0

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

0:10.0

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain?

0:25.4

By performing a skills inventory, leaders can truly understand where their efforts should be focused.

0:28.0

Being blind to those gaps is the real miss.

0:32.6

Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent.

0:39.3

Here's your midday brief for Friday, January 16th. I'm Anthony Bansy for the Wall Street Journal.

0:42.3

China and Canada have agreed to a new strategic partnership that lowers tariffs on Chinese electrical vehicles and Canadian canola.

0:50.8

Canadian Prime Minister Mark Carney says the country must be pragmatic as it faces a rupturing

0:56.0

global trading system with increasing U.S. trade frictions.

1:00.0

Under the deal, Canada will allow up to 49,000 Chinese EVs into its market at a 6.1%

1:07.0

tariff, while Beijing cuts its canola duties.

1:10.0

However, trade analysts say the move could

1:12.3

invite scrutiny in Washington as the United States reviews the U.S.-Mexico-Canada trade pact.

1:18.4

Health regulators in the United Kingdom have approved a higher weekly dose of Novo-Nordisks's

1:24.1

Wagovi weight loss shot. The Medicines and Health Care Products Regulatory Agency says the new 7.2 milligram dosage is authorized

1:32.2

for patients with a body mass index of at least 30.

1:36.2

Previously, 2.4 milligrams was the approved maximum weekly dose.

1:40.8

The Danish drug maker is currently awaiting similar approvals for the higher dose shot in the

1:45.0

United States and the European Union. And FedEx has secured financing and a new board for its

1:51.6

FedEx freight unit as it prepares to spin off its trucking division. As part of the move, FedEx

1:57.1

Freight has entered into a $1.2 billion revolving credit facility and a $600 million loan facility.

...

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