Luke Vargas

levies on Brazil and other countries.

There are fresh signs that international pressure on Russia's oil industry is having an effect, as dozens of tankers filled with Russian oil float at sea without buyers.

Deeply discounted prices are piling up the pressure on Moscow's finances, with Russia's main grade of fuel now trading at $27 below the international benchmark Brent, a record discount.

U.S.

futures are eking out gains following nervous trading in Europe and Asia earlier this morning amid concerns around AI's impact on software stocks.

That's since steadied, and Asian markets closed mostly higher, with Europe's main indices also gaining in midday trading.

And we have got a lot more coverage of the day's news on the WSJ's What's News podcast.

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

The GOP-led House rejects President Trump's Canada tariffs, but backs him up on his voter ID push.

Plus, Elon Musk announces a shakeup at XAI as it merges with SpaceX.

And we'll look at how cautious consumers are reshaping retail.

It's Thursday, February 12th.

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.

Six House Republicans have joined Democrats in rejecting President Trump's tariffs on Canada.

Immediately after the vote, Trump said that Republicans who broke rank would suffer the consequences come election time.

Oh, at least one of them, Colorado's Jeff Hurd, said he was comfortable with his decision.

Here he was speaking to CNN.

The move is largely symbolic.

Even if the resolution clears the Senate, President Trump would almost certainly veto it.

Nevertheless, Democrats are planning more anti-terror votes, targeting U.S.