Luke Vargas

Okay, border crackdown really on both sides of the border. Tell us about the trade environment. Folks who've been down there before will know just how much infrastructure, particularly on the Mexican side, there is to facilitate cross-border trade. What are you seeing there on the business front?

Okay, border crackdown really on both sides of the border. Tell us about the trade environment. Folks who've been down there before will know just how much infrastructure, particularly on the Mexican side, there is to facilitate cross-border trade. What are you seeing there on the business front?

And I guess Mexican cooperation on migration isn't a given either, especially if the trade relationship were to meaningfully sour.

And I guess Mexican cooperation on migration isn't a given either, especially if the trade relationship were to meaningfully sour.

I've been speaking to Wall Street Journal South America correspondent Kajal Vyas. Kajal, thank you so much for the update. Thank you. And that's it for What's News for this Tuesday morning. Today's show was produced by Daniel Bach and Kate Bullivant with supervising producer Sandra Kilhoff. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show.

I've been speaking to Wall Street Journal South America correspondent Kajal Vyas. Kajal, thank you so much for the update. Thank you. And that's it for What's News for this Tuesday morning. Today's show was produced by Daniel Bach and Kate Bullivant with supervising producer Sandra Kilhoff. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show.

Until then, thanks for listening.

Until then, thanks for listening.

global markets sell off as President Trump doubles down on his tariffs.

global markets sell off as President Trump doubles down on his tariffs.

Plus, Beijing's tariff countermeasures raise the specter of an intensifying trade war with Washington. And Wall Street speaks out, warning of an economic nuclear winter as recession risks mount. It's Monday, April 7th. 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.

Plus, Beijing's tariff countermeasures raise the specter of an intensifying trade war with Washington. And Wall Street speaks out, warning of an economic nuclear winter as recession risks mount. It's Monday, April 7th. 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.

Turmoil in global markets has snowballed into one of the worst routes in recent memory after President Trump said he'll stay the course with aggressive, economically disruptive tariffs. European shares are tumbling after Asian stock markets plunged this morning.

Turmoil in global markets has snowballed into one of the worst routes in recent memory after President Trump said he'll stay the course with aggressive, economically disruptive tariffs. European shares are tumbling after Asian stock markets plunged this morning.

The sell-off became particularly apparent when Japan's exchange operator briefly halted trading in response to an almost 10% drop in Nikkei futures. The index closed trading off nearly 8%. Though, as our Asia finance editor, Peter Landers, told me, that wasn't the worst of it.

The sell-off became particularly apparent when Japan's exchange operator briefly halted trading in response to an almost 10% drop in Nikkei futures. The index closed trading off nearly 8%. Though, as our Asia finance editor, Peter Landers, told me, that wasn't the worst of it.

Meanwhile, things are looking equally bleak back in the U.S., with futures suggesting the S&P 500 is on course to enter bear market territory. And as Journal Markets editor Katie Barnado explains, Wall Street is starting to speak out as the true economic effect of tariffs comes into focus.

Meanwhile, things are looking equally bleak back in the U.S., with futures suggesting the S&P 500 is on course to enter bear market territory. And as Journal Markets editor Katie Barnado explains, Wall Street is starting to speak out as the true economic effect of tariffs comes into focus.

Yet President Trump remains undeterred in his tariff stance, spending a long weekend at three of his Florida golf courses and firing off social media posts urging Americans to stay the course while promising a market reprieve. His administration is also defending the minimum 10 percent tariffs that have been imposed on countries around the world.

Yet President Trump remains undeterred in his tariff stance, spending a long weekend at three of his Florida golf courses and firing off social media posts urging Americans to stay the course while promising a market reprieve. His administration is also defending the minimum 10 percent tariffs that have been imposed on countries around the world.