Alex Ossola

President Trump says he'd rather end the war between Ukraine and Russia than send Ukraine powerful new weapons.

Plus, Trump made tariffs his signature trade policy.

Now he's pivoting away from some of them.

And how Walmart's decision to pay workers more shocked Wall Street, but then put the company on a path to success.

It's Friday, October 17th.

I'm Alex Osola for The Wall Street Journal.

This is the p.m.

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

At a White House meeting with Ukrainian President Volodymyr Zelensky today, President Trump said he hoped Ukraine wouldn't need the U.S.

to provide it with long-range Tomahawk cruise missiles.

Trump had been talking in recent weeks about sending the powerful weapons to Ukraine.

The meeting between the two came after Trump and Russian President Vladimir Putin spoke at length on the telephone yesterday.

Trump says he plans to meet Putin separately in Hungary in the coming weeks to try to broker a peace deal.

Since taking office in January, President Trump has made tariffs his signature trade policy.

Now, though, he's tiptoeing away from some of them, saying reciprocal tariffs don't apply to dozens of different products.

WSJ trade and economic policy reporter Gavin Bade is here to tell us more.

Gavin, what are some of the tariffs that the Trump administration is shifting on?

And why is this happening now?

So for businesses that have been trying to navigate these tariffs that have been changing, what does this mean for them?

Wall Street Journal reporter Gavin Bain, thanks so much for joining us.