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WSJ What’s News

Markets Shrug Off Trump’s Latest Tariff Threats

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 26 November 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

P.M. Edition for Nov. 26. Israel approves a cease-fire with Hezbollah in Lebanon. WSJ chief economics commentator Greg Ip makes sense of President-elect Donald Trump’s threat to hit trade allies Canada and Mexico with steep tariffs. Pharma reporter Peter Loftus explains why a highly anticipated obesity-drug candidate disappointed investors. And retail reporter Sarah Nassauer discusses Walmart’s reversal on its DEI initiatives. Tracie Hunte hosts.  Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You know what that is.

0:04.0

An ice cold beer.

0:07.0

What's different?

0:09.0

It's Budweiser, a perfect beer for party season.

0:14.0

Best enjoyed with your best buds.

0:20.0

Cheers to that. Budweiser, Lackenosa. Best enjoyed with your best butts.

0:22.3

Cheers to that.

0:25.3

Budweiser, like no other.

0:26.8

Please drink responsibly.

0:28.5

For the facts, visit drinkaware.com. UK.

0:32.5

What President-elect Donald Trump's threats of tariffs against Mexico and Canada say about how he'll approach the economy.

0:40.3

What it tells you, I believe, is that notwithstanding the effort to reassure that Wall Street and the establishment with people like Scott Besant Treasury, it is still Trump calling the shots.

0:50.0

And the results from a closely watched obesity drug study are in, and investors don't like what they see.

0:57.3

Plus, why Walmart is rolling back its DEI efforts.

1:01.9

It's Tuesday, November 26.

1:03.9

I'm Tracy Hunt for the Wall Street Journal.

1:06.2

This is the PM edition of What's News, the top headlines and business stories that move the world today.

1:16.1

But before we get to those stories, Israel has approved a ceasefire with Hezbollah that would end more

1:22.2

than a year of fighting in Lebanon. In a televised address, Israeli Prime Minister Benjamin Netanyahu said ending the

1:29.2

fight would give the country's military time to rest and rearm so it could focus on the threat

1:34.8

from Iran and isolate Hamas. Lebanese officials say the agreement is expected to go into effect on

1:40.8

Wednesday. The announcement came after a day of heavy bombardment of Beirut,

...

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