Luke Vargas
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And in Europe, luxury stocks sank after industry heavyweight LVMH reported a drop in sales as it contends with mounting trade tensions and faltering Chinese demand. Coming up, China's leader hits the road, pitching a free trade message to countries facing high U.S. tariffs. Plus the rest of the day's news after the break.
And in Europe, luxury stocks sank after industry heavyweight LVMH reported a drop in sales as it contends with mounting trade tensions and faltering Chinese demand. Coming up, China's leader hits the road, pitching a free trade message to countries facing high U.S. tariffs. Plus the rest of the day's news after the break.
Xi Jinping is taking Beijing's pro-trade message on tour. The Chinese leader embarked on an overseas charm offensive yesterday with a visit to Vietnam, with later stops planned for Malaysia and Cambodia. And the journal's Austin Ramsey is here to discuss what Xi is pitching on this trip.
Xi Jinping is taking Beijing's pro-trade message on tour. The Chinese leader embarked on an overseas charm offensive yesterday with a visit to Vietnam, with later stops planned for Malaysia and Cambodia. And the journal's Austin Ramsey is here to discuss what Xi is pitching on this trip.
Austin, I suppose it doesn't take too much guesswork to figure out why these specific countries were picked for what is Xi's first trip out of China since President Trump took office, does it?
Austin, I suppose it doesn't take too much guesswork to figure out why these specific countries were picked for what is Xi's first trip out of China since President Trump took office, does it?
You say pitching stability, pitching predictability, but could it be something concrete? Just looking at the China-Vietnam relationship, Vietnam in recent years has become a major exporter of products to the U.S., but it's not like China can just step in and replace that market should exports to the U.S. be significantly reduced.
You say pitching stability, pitching predictability, but could it be something concrete? Just looking at the China-Vietnam relationship, Vietnam in recent years has become a major exporter of products to the U.S., but it's not like China can just step in and replace that market should exports to the U.S. be significantly reduced.
And finally, Austin, is Southeast Asia the extent of this diplomatic push? I noticed last week when we were reporting on comments from Xi Jinping, we had a line that the Spanish prime minister was visiting Beijing at the time. So clearly there's more engagement going on at present.
And finally, Austin, is Southeast Asia the extent of this diplomatic push? I noticed last week when we were reporting on comments from Xi Jinping, we had a line that the Spanish prime minister was visiting Beijing at the time. So clearly there's more engagement going on at present.
I've been speaking to Wall Street Journal reporter Austin Ramsey in Hong Kong. Austin, thanks so much for the update. Thank you. Israeli troops have taken over about a third of the Gaza Strip in renewed military action, declaring security zones in swaths of the north and south while pushing out their populations.
I've been speaking to Wall Street Journal reporter Austin Ramsey in Hong Kong. Austin, thanks so much for the update. Thank you. Israeli troops have taken over about a third of the Gaza Strip in renewed military action, declaring security zones in swaths of the north and south while pushing out their populations.
After relying mainly on airstrikes and tactical raids for the first year and a half of the war, Israel is now seizing land and threatening to hold it indefinitely as it presses Hamas to release hostages still held in Gaza.
After relying mainly on airstrikes and tactical raids for the first year and a half of the war, Israel is now seizing land and threatening to hold it indefinitely as it presses Hamas to release hostages still held in Gaza.
Israel's military said it was following an updated defense strategy that calls for maintaining a broad military presence in buffer zones that have been cleared of threats, adding that evacuations are ordered to reduce harm to civilians. And we exclusively report that pro-government militias in Yemen are planning a ground offensive against the Houthis in an attempt to take advantage of a U.S.
Israel's military said it was following an updated defense strategy that calls for maintaining a broad military presence in buffer zones that have been cleared of threats, adding that evacuations are ordered to reduce harm to civilians. And we exclusively report that pro-government militias in Yemen are planning a ground offensive against the Houthis in an attempt to take advantage of a U.S.
bombing campaign that has degraded the Iranian-backed militant group's capabilities. Yemeni officials said if successful, the ground operation would dislodge the U.S.-designated terrorist group from coastal territory on the Red Sea that it's used to launch attacks on passing ships. U.S. officials have signaled an openness to supporting the ground operation, but a final decision hasn't been made.
bombing campaign that has degraded the Iranian-backed militant group's capabilities. Yemeni officials said if successful, the ground operation would dislodge the U.S.-designated terrorist group from coastal territory on the Red Sea that it's used to launch attacks on passing ships. U.S. officials have signaled an openness to supporting the ground operation, but a final decision hasn't been made.
Senior Houthi leader Muhammad Ali al-Houthi said the U.S. air campaign had failed to stop the group and that a ground operation would meet the same fate. And that's it for What's News for this Tuesday morning. Today's show was produced by Kate Bullivant. Our supervising producer was Daniel Bach. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show.
Senior Houthi leader Muhammad Ali al-Houthi said the U.S. air campaign had failed to stop the group and that a ground operation would meet the same fate. And that's it for What's News for this Tuesday morning. Today's show was produced by Kate Bullivant. Our supervising producer was Daniel Bach. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show.