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Donald Trump offers new details on his promised tariffs targeting Mexico, Canada, and China.

Plus, we'll go inside Trump's plan to put maximum pressure on Beijing to stem the illicit drug

trade. If you are the Chinese leadership in Beijing, and you do agree to effectively do what

the Trump administration is asking you to do, to what extent are you going

to look weak in the eyes of your own people, right? Many of the experts that we talk to about this,

that's simply not how you get the Chinese to change their behavior. And the White House proposes

a major expansion of Medicare and Medicaid's coverage of anti-obesity drugs. It's Tuesday,

November 26th.

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-elect Donald Trump is promising to charge Mexico and Canada a 25% tariff on all of their U.S. exports beginning on his first day in office. A clear signal he wants to rewrite the terms of the

U.S.M.CA agreement, the free trade pact that he negotiated in his first term. Hosting on

truth social, Trump added that all Chinese

products bound for the U.S. would face an additional 10% tariff on top of those the U.S. has

already imposed, though he didn't specify when. It wasn't immediately clear what legal authority

Trump will invoke to justify the tariffs, though he faulted America's

...