Keir Ginnemey
Appearances
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
You say we haven't seen the effects of tariffs in these numbers yet. Should we expect a slowdown in future jobs gains?
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
What about a separate aspect of the Trump administration's policies, federal layoffs?
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Thanks, Greg. Thank you. Stocks extended their multi-day climb today following those jobs numbers and signs of a potential thaw between the U.S. and China. More on that later. The Dow, the S&P 500, and the Nasdaq Composite rose 1.3 percent or more. The S&P, which rose 1.5 percent, closed higher for a ninth straight session, its longest streak of daily gains since 2004.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
President Trump ramped up his fight with Harvard University, threatening to revoke the Ivy League school's tax exemption after it filed a federal lawsuit against his administration. Harvard President Alan Garber responded to President Trump's threat in an interview with WSJ editor-in-chief Emma Tucker this morning.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
The U.S. economy keeps adding jobs despite tariff uncertainty. But can it last? Plus, what's driving President Trump's trade agenda?
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Garber's extended interview with WSJ editor-in-chief Emma Tucker will be published Monday. Harvard's suit argues the government has violated the university's constitutional rights by freezing billions of dollars in federal funding. The tax code prohibits the U.S.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
president and other senior officials from directly or indirectly asking the Internal Revenue Service to conduct or stop an audit or other investigations. The IRS didn't respond to requests for comment. Coming up, how the Trump administration aims to establish near absolute U.S. power over global trade, prioritizing American interests. That's after the break.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
President Trump and his advisers have laid out several, sometimes contradictory goals for his tariffs, increasing federal revenue, strengthening America's hand in trade talks, and bringing manufacturing jobs back to the U.S.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Over his first 100 days back in power, his administration has sought to relegate Congress, the courts, the World Trade Organization, multinational companies, and foreign countries to roles subordinate to Trump. Here with an overview of Trump's approach and whether it's working is Gavin Bade, the journal's trade and economic policy reporter.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Gavin, how would you describe Trump's worldview and the trade strategy that goes with it?
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
And President Trump says Harvard's tax exemption will be revoked. Harvard President Alan Garber says such a move would be highly illegal and destructive. It's Friday, May 2nd. I'm Keir Ginnemey for The Wall Street Journal, filling in for Alex Osola. This is the PM edition of What's News, the top headlines and business stories that moved the world today.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
We exclusively report that China is considering ways to address the Trump administration's concerns over the country's role in the fentanyl trade. That's according to people familiar with the matter. Such a move could potentially allow both sides to soften their trade stance and begin talks.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
According to the people, China has been inquiring in recent days about what the Trump team wants Beijing to do when it comes to the chemical ingredients used to make fentanyl. The people cautioned that the discussions remain fluid, adding that Beijing would like to see some softening from President Trump on his trade offensive against China.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
And we exclusively report that Goldman Sachs is changing some of the language around its diversity programs and removing references to race. A senior Goldman executive now says the bank's 1 million black women program isn't just for black women, but for low and moderate income populations.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Like much of corporate America, the bank has been combing through its diversity, equity, and inclusion initiatives to ensure it doesn't run into legal troubles, while trying not to entirely abandon its pledges. Supporters of Goldman's DEI efforts fear the changes won't just be cosmetic and will mean the loss of critical funding and investments.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Working in tech used to mean job security, extravagant perks, and a bring-your-whole-self-to-the-office ethos rare in other industries. But Wall Street Journal reporter Catherine Bindley told our Tech News Briefing podcast that these days, a job in the industry looks like a regular gig.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
And you can hear more from Catherine on today's episode of Tech News Briefing. And that's what's news for this week. Tomorrow, you can look out for our weekly markets wrap-up, What's News in Markets.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Then on Sunday, we're bringing you an episode of WSJ's Take on the Week, where hosts Telus Demos and Gunjan Banerjee discuss what we can expect from the Fed's upcoming interest rate decision and what it could mean for markets, businesses, and consumers. That's in What's News Sunday. And we'll be back with our regular show on Monday morning.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Today's show was produced by Anthony Bansi with supervising producer Michael Kosmides. Michael LaValle wrote our theme music. Aisha Al-Muslim is our development producer. Scott Salloway and Chris Inslee are our deputy editors. And Falana Patterson is The Wall Street Journal's head of news audio. I'm Pierre Bien-Aimé. Thanks for listening.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
Despite tariff uncertainty, employers in the U.S. added 177,000 jobs in April, beating the expectations of economists polled by the Wall Street Journal. But hiring slowed slightly compared to March's pace, in a period that saw changing tariff announcements and market turmoil. The unemployment rate, based on a separate survey, held steady at 4.2%.
WSJ What’s News
What’s Behind President Trump’s Trade Agenda
So what do these numbers tell us about the effects of Trump's trade policy? For that, I'm joined by our chief economics commentator, Greg Ip. Greg, what does this jobs report tell us about the economy post-Liberation Day?