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President Trump says the U.S. will take over Gaza, leaving the idea of a Palestinian state in tatters.

I do see a long-term ownership position, and I see it bringing great stability to that part of the Middle East and maybe the entire Middle East.

Plus, the U.S. Postal Service halts shipments popular with online vendors in China,

and Nissan's deal to merge with Honda hits a bump. It's Wednesday, February 5th. I'm Luke Vargas

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

and business stories moving your world today.

President the top headlines and business stories moving your world today. President Trump is calling for the U.S. to assume long-term control of Gaza,

and for the nearly 2 million Palestinians who live there to permanently leave for neighboring countries.

Those remarks made at a White House press conference alongside

Israeli Prime Minister Benjamin Netanyahu mark a sharp break with decades of American policy

in the Middle East, over which successive presidents have said that Gaza would form part of an

eventual Palestinian state, and Trump's comments invited a flurry of questions from reporters.

Mr. President, given what you've said about Gaza, did the U.S. send troops to help secure

the security vacuum? As far as Gaza is concerned, we'll do what is necessary. If it's necessary,

we'll do that. We're going to take over that piece, we're going to develop it, create thousands and thousands of jobs, and it'll be something that the entire Middle East can be very proud of.

And joining me now with more on Trump's proposal is Wall Street Journal, Deputy Middle East Bureau Chief Shandy Race.

Shandy, you joined us early last week for an interview after President Trump discussed wanting

...