Luke Vargas

And a federal judge has ordered the White House to restore the Associated Press's access to presidential events, saying the decision to limit AP's access violated the news organization's free speech rights.

And a federal judge has ordered the White House to restore the Associated Press's access to presidential events, saying the decision to limit AP's access violated the news organization's free speech rights.

AP sued in February after its journalists were barred from the White House press pool because the outlet refused to change its style guidance for the Gulf of Mexico, which President Trump renamed the Gulf of America. The White House didn't immediately respond to a request for comment. And despite yesterday's ruling, AP journalists weren't permitted to join the press pool on Tuesday evening.

AP sued in February after its journalists were barred from the White House press pool because the outlet refused to change its style guidance for the Gulf of Mexico, which President Trump renamed the Gulf of America. The White House didn't immediately respond to a request for comment. And despite yesterday's ruling, AP journalists weren't permitted to join the press pool on Tuesday evening.

Thank you.

Thank you.

Beijing pledges more countermeasures if President Trump follows through on a threat for an additional 50% tariff on Chinese goods. Plus, global equities regain ground after yesterday's market whiplash.

Beijing pledges more countermeasures if President Trump follows through on a threat for an additional 50% tariff on Chinese goods. Plus, global equities regain ground after yesterday's market whiplash.

And we'll get an update from the U.S. 's unusually quiet southern border. It's Tuesday, April 8th. 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. China is vowing to fight until the end in response to new U.S.

And we'll get an update from the U.S. 's unusually quiet southern border. It's Tuesday, April 8th. 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. China is vowing to fight until the end in response to new U.S.

tariffs, a day after President Trump threatened to raise duties on Chinese goods by an additional 50 percent. That pledge is cementing expectations that Beijing and Washington are set for a deepening trade war. And within China, it's beginning to lead to a shift in monetary policy as the country seeks to boost exports and prop up domestic markets.

tariffs, a day after President Trump threatened to raise duties on Chinese goods by an additional 50 percent. That pledge is cementing expectations that Beijing and Washington are set for a deepening trade war. And within China, it's beginning to lead to a shift in monetary policy as the country seeks to boost exports and prop up domestic markets.

Here with more is Journal finance editor for Europe, Alex Frangos. Alex, we report China is now easing its grip on the yuan. Walk us through what exactly is going on here.

Here with more is Journal finance editor for Europe, Alex Frangos. Alex, we report China is now easing its grip on the yuan. Walk us through what exactly is going on here.

All right, this yuan strategy, as you mentioned, could help boost Chinese exports. Is it also part of a strategy to support stock prices within the country?

All right, this yuan strategy, as you mentioned, could help boost Chinese exports. Is it also part of a strategy to support stock prices within the country?

Alex, we are seeing in Hong Kong, in Shanghai, a recovery in markets in the 1% to 2% range today, though more profound is what's occurring over in Japan, the Nikkei up around 6%. Are we seeing markets, at least just using the Asian snapshot here, finding a floor of sorts?

Alex, we are seeing in Hong Kong, in Shanghai, a recovery in markets in the 1% to 2% range today, though more profound is what's occurring over in Japan, the Nikkei up around 6%. Are we seeing markets, at least just using the Asian snapshot here, finding a floor of sorts?

In morning trading, European stocks are following Asia higher as are US futures, with contracts tied to the Dow, Nasdaq and S&P 500 all making gains off hours. Meanwhile, businesses are trying to navigate the new tariff landscape, with some, including Apple, reportedly looking to shift their supply chain and source more iPhones from India.

In morning trading, European stocks are following Asia higher as are US futures, with contracts tied to the Dow, Nasdaq and S&P 500 all making gains off hours. Meanwhile, businesses are trying to navigate the new tariff landscape, with some, including Apple, reportedly looking to shift their supply chain and source more iPhones from India.