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WSJ What’s News

The U.S. and China are Decoupling. Kind Of.

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 8 February 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

A.M. Edition for Feb. 8. The U.S. trade deficit with China fell last year to its lowest in over a decade. But as chief economics commentator Greg Ip explains, the U.S. hasn’t quite kicked the Chinese import habit as Chinese and Western manufacturers find ways around tariffs. Plus, Elon Musk ratchets up his fight against Disney. And the Supreme Court prepares to take up the question of Donald Trump’s ballot eligibility in a historic hearing this morning. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:21.8

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0:29.7

A historic day for the US Supreme Court as it takes up the question of Donald Trump's ballot eligibility.

0:38.0

Plus, Elon Musk ratchets up his fight against Disney.

0:42.8

And the US trade deficit with China shrinks,

0:46.2

though appearances can be deceiving.

0:48.4

A lot of that was simply the diversion of a lot of Chinese stuff

0:51.9

into different supply chains coming in through different

0:54.3

countries so that part is hidden.

0:56.8

It's Thursday, February 8th.

0:58.7

I'm Luke Fargas for the Wall Street Journal and here is the AM edition of What's News, the top headlines and

1:04.9

business stories moving your world today.

1:09.4

The US Supreme Court is for the first time today set to hear arguments over

1:18.0

disqualifying a presidential candidate for allegedly engaging in insurrection. Lawyers for Donald Trump for ruling by the state's Supreme Court that invoked the Constitution's 14th Amendment

1:34.9

in barring him from the state's 2024 presidential primary. Today is

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