Luke Vargas

Nicole Vogt is the Global Metals co-lead at Boston Consulting Group. Nicole, thank you so much for being with us on What's News. Thank you for having me. And we're already hearing from some major U.S. trading partners on their response to these overnight tariffs.

Nicole Vogt is the Global Metals co-lead at Boston Consulting Group. Nicole, thank you so much for being with us on What's News. Thank you for having me. And we're already hearing from some major U.S. trading partners on their response to these overnight tariffs.

The EU says starting April 1st, it'll place duties on around $28 billion in American products, including bourbon whiskey, boats, and motorcycles, but stressed it was open to negotiation. Australia, meanwhile, isn't retaliating, with its prime minister saying that trade tensions are economic self-harm that'll be paid for by consumers.

The EU says starting April 1st, it'll place duties on around $28 billion in American products, including bourbon whiskey, boats, and motorcycles, but stressed it was open to negotiation. Australia, meanwhile, isn't retaliating, with its prime minister saying that trade tensions are economic self-harm that'll be paid for by consumers.

Instead, he's pursuing a tariff exemption, which Trump had said he was considering given that Australia trades at a deficit with the U.S. Coming up, Greenlanders reject moves toward a quick independence in the face of Trump's threats to take over the island and Irish officials hope to charm their U.S. counterparts during tax and trade talks at the White House later today.

Instead, he's pursuing a tariff exemption, which Trump had said he was considering given that Australia trades at a deficit with the U.S. Coming up, Greenlanders reject moves toward a quick independence in the face of Trump's threats to take over the island and Irish officials hope to charm their U.S. counterparts during tax and trade talks at the White House later today.

We've got those stories and more after the break. Well, tariffs aside, a key economic data point could move markets today. The February Consumer Price Index, which will reveal whether Fed officials and the Trump administration have been able to turn the tide on inflation.

We've got those stories and more after the break. Well, tariffs aside, a key economic data point could move markets today. The February Consumer Price Index, which will reveal whether Fed officials and the Trump administration have been able to turn the tide on inflation.

Ahead of those figures, WSJ's Take on the Week co-host Telus Demos asked Morgan Stanley's chief global economist Seth Carpenter where we are in the fight against price pressures. and what that could mean for the Fed's rate trajectory.

Ahead of those figures, WSJ's Take on the Week co-host Telus Demos asked Morgan Stanley's chief global economist Seth Carpenter where we are in the fight against price pressures. and what that could mean for the Fed's rate trajectory.

And to hear that full conversation, check out the latest episode of WSJ's Take on the Week, wherever you get your podcasts. Returning to Washington, House Republicans have narrowly passed a proposal to fund the government into the fall, setting up a fight to get the measure passed in the Senate ahead of a Friday deadline and avert a government shutdown.

And to hear that full conversation, check out the latest episode of WSJ's Take on the Week, wherever you get your podcasts. Returning to Washington, House Republicans have narrowly passed a proposal to fund the government into the fall, setting up a fight to get the measure passed in the Senate ahead of a Friday deadline and avert a government shutdown.

Republicans said their funding plan would clear the way for the GOP to move ahead with President Trump's agenda of tax cuts, spending reductions, and border security, which they're hoping to pass into law later this year.

Republicans said their funding plan would clear the way for the GOP to move ahead with President Trump's agenda of tax cuts, spending reductions, and border security, which they're hoping to pass into law later this year.

They'll need Democratic support to advance this week's spending bill, but Democrats have painted the proposal as an effort by Republicans to hand more congressional power over federal spending to Trump and Elon Musk rather than continuing with bipartisan negotiations. And one of the things potentially on the line in the congressional budget is Medicaid.

They'll need Democratic support to advance this week's spending bill, but Democrats have painted the proposal as an effort by Republicans to hand more congressional power over federal spending to Trump and Elon Musk rather than continuing with bipartisan negotiations. And one of the things potentially on the line in the congressional budget is Medicaid.

The program is mainly for low-income Americans, but deep cuts could affect state budgets and health care more broadly. And we want to know what questions you have. Send a voice memo to WNPOD at WSJ.com or leave a voicemail with your name and location at 212-416-4328. And we just might use it on the show.

The program is mainly for low-income Americans, but deep cuts could affect state budgets and health care more broadly. And we want to know what questions you have. Send a voice memo to WNPOD at WSJ.com or leave a voicemail with your name and location at 212-416-4328. And we just might use it on the show.

The Education Department is cutting its workforce by roughly half ahead of President Trump's expected executive order aimed at dismantling the federal agency. As part of a reduction in force notice, the department said it will shed almost 2,000 jobs, including more than 1,300 federal workers, through cuts, buyouts, and resignations.

The Education Department is cutting its workforce by roughly half ahead of President Trump's expected executive order aimed at dismantling the federal agency. As part of a reduction in force notice, the department said it will shed almost 2,000 jobs, including more than 1,300 federal workers, through cuts, buyouts, and resignations.