Daniel Bach

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President Trump prepares to address the nation with plans to sell Americans on his handling of the economy.

Plus, FedEx joins a growing list of companies asking for tariff refunds.

And it's now four years since Russia invaded Ukraine, with few signs of an end to the war.

It's Tuesday, February 24th.

I'm Daniel Bach for The Wall Street Journal, filling in for Luke Vargas.

And here's the AM edition of What's News, the top headlines and business stories moving your world today.

We're exclusively reporting that the Trump administration is considering placing tariffs on six industries under national security grounds.

The president is looking for new ways to impose duties in his bid to reshape global trade after the Supreme Court ruled most were illegal, including those issued under the International Emergency Economic Powers Act.

Business and economics editor Alex Frangos is following these developments.

Alex, new potential tariffs on large scale batteries, industrial chemicals and power grid and telecom equipment.

What is the president looking to do here?

And per that ruling, Customs and Border Protection is telling importers it will stop collecting tariffs imposed under the Emergency Powers Act from midnight to night.

We know the cost of these import taxes has hurt a lot of businesses over the past year.

Are they responding to this yet?

And all of that comes ahead of the president's State of the Union address this evening, where we report he'll be trying to sell the public on his handling of the economy in his first year back in office.

Trump has given himself a grade of A++++, but our economic report card, Alex, is a bit more mixed, right?

Some measures of the economy good, some needing improvement.

Apple says it will move some production of its Mac Mini desktop computer to the U.S.

from Asia as part of its pledge to invest $600 billion in the U.S.