Luke Vargas
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Podcast Appearances
Here is your morning brief for Thursday, April 2nd.
I'm Luke Vargas for The Wall Street Journal.
In an address to The Nation last night, President Trump made his case that the month-old war in Iran was in America's interests and that any economic pain stemming from it would be over soon.
And we are exclusively reporting that the Trump administration could announce changes to steel and aluminum tariffs as soon as this week.
President Trump makes the case that the war in Iran is nearing an end, even as major attacks loom.
Plus, let the battle of the weight loss pills begin as Eli Lilly's pill gets approved.
And could nursing be the ticket to the elusive modern middle class?
It's Thursday, April 2nd.
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.
In an address to The Nation last night, President Trump made his case that the month-old war in Iran was in America's interests and that any economic pain stemming from it would be over soon.
Journal national security correspondent Shelby Holliday tracked Trump's remarks for us.
Well, Trump also predicted that stock prices will rapidly go back up and that the U.S.
economy is, quote, strong and improving by the day.
Though for now, investors seem to be bracing for continued disruption.
stock futures began sliding during Trump's speech and remained down more than a percent heading into today's trading session.
Asian equities fell today, led by a more than 4% drop in South Korea's KOSPI index after new data showed that surging energy prices triggered a jump in consumer inflation.
And oil prices have climbed more than 5% in early European trading, with analysts at ING saying that Trump's threat to strike Iran extremely hard in the coming weeks had injected fresh uncertainty into energy markets.
While the president didn't mention NATO by name during his address last night, he told British media yesterday that he could potentially withdraw the US from the alliance.