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WSJ Minute Briefing

Trump Calls Off Trade Talks with Canada

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 24 October 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: The White House announces that the hotly anticipated meeting between President Trump and Chinese leader Xi Jinping will go ahead next week. And, the U.S. flies Air Force B-1 bombers near Venezuela ramping up the pressure on President Nicolas Maduro. Kate Bullivant hosts.  Sign up for 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

Millions of Americans use credit cards to purchase goods every day. The Durbin Marshall credit card mandates put the secure transactions you rely on at risk, leaving you vulnerable to hackers and foreign cybercriminals that want your data. Hackers win. You lose. Guard your card before it's too late. Tell Congress your data security is not for sale

0:23.5

and oppose the Durbin Marshall credit card mandates. Paid for by Electronic Payments Coalition.

0:33.9

Here is your morning brief for Friday, October 24th. I'm Kate Bollivan for the Wall Street Journal.

0:41.1

President Trump is calling off trade talks with Canada, pointing to a TV ad paid for by the Ontario

0:47.7

government, which features snippets from a Ronald Reagan speech, where he spoke about the negative

0:53.2

impact of tariffs.

0:55.2

Trump called the ad fraudulent and fake and argued that it was designed to interfere with the courts

1:00.9

as they weigh the legality of his global tariffs.

1:04.1

The White House didn't immediately respond to a request for more information.

1:08.3

The Ronald Reagan Presidential Foundation and Institute said the ad misrepresented

1:13.4

Reagan's address and that the Ontario government didn't ask for permission to use the audio.

1:18.7

The foundation didn't clarify what was inaccurate about the ad. The White House has announced

1:25.6

that a hotly anticipated meeting between President Trump and Chinese leader Xi Jinping will go ahead in Asia next week.

1:34.0

Thursday's meeting potentially paves the way to de-esculate trade tensions between the world's two largest economies that have flared up as Beijing expanded curbs on exports of rare earth minerals

1:46.3

earlier this month. And Alaska Airlines is restoring operations after a technology outage

1:53.5

caused delays and cancellations late yesterday. Flights from Alaska and its subsidiary Horizon

1:59.6

Air were affected, though flights operated by Hawaiian Airlines, also owned by Alaska, weren't.

2:06.3

Alaska said the problems stemmed from a failure at its primary data centre and that it wasn't a cyber security breach.

2:14.0

Asian markets, end of the day mixed, European stocks are down in midday trading, and US stock futures are pointing to a higher open, ahead of September's consumer price index due at 8.30 a.m. Eastern, having been delayed due to the government shutdown.

2:30.1

And we have a lot more coverage of the day's news on the WSJ's What's News podcast.

2:35.7

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

2:42.5

Isn't home where we all want to be?

...

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