Happening now, breaking news. After an 11th hour round of attacks, a ceasefire between Israel

and Hezbollah is expected to take effect in Lebanon within just hours. President Joe Biden

touting the U.S. back deal and promising a new push for a pause in the fighting in Gaza as well.

Also this hour, fears of a global trade war are rising as President-elect Donald Trump

vows to slap big tariffs on goods from Mexico, Canada, and China as soon as he's back

in the White House, what his plan could mean for the U.S. economy and for the prices that you pay.

Plus, a Top Harris campaign advisor speaks out

about the Democrats' election loss,

blaming a strong tailwind for Trump.

We're breaking down the party's efforts

to come to grips with its loss of power

and what happens next.

Welcome to our viewers here in the United States

and all around the world.

Wolf Blitzer is off today. I'm Alex Mark Ward, and you here in the United States and all around the world. Wolf Blitzer is off today.

I'm Alex Mark Ward and you're in the situation.

This is CNN Breaking News.

We do begin with breaking news in the Middle East. All eyes are on Lebanon, where the newly agreed to ceasefire between Israel and Hezbollah is due to take place very soon. CNN's Arlette

Signs is following the reaction from President Joe Biden. But first, CNN's Nick Robertson is in the region

with a report on the ceasefire deal and how it may now play out.

In the hours before agreeing to a ceasefire,

Israeli warplanes pounding the Lebanese capital,

...