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WSJ What’s News

China Bets Trump Will Cave on Tariffs

Thu, 24 Apr 2025

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P.M. Edition for April 24. Chinese officials call for full repeal of levies and dismiss suggestions that trade talks with Washington have begun. WSJ Asia economic reporter Jason Douglas says President Trump’s apparent softening on tariffs against China strengthens Chinese leaders’ resolve that he will eventually cave if they wait him out. Plus, U.S. home sales fell 5.9% in March, their biggest drop since 2022. WSJ reporter Nicole Friedman joins to discuss what’s behind the fall that comes at the start of the crucial spring season. And Florida Gov. Ron DeSantis hopes to address a labor shortage with teenage workers. WSJ reporter Tali Arbel discusses how Florida might remove the barriers for teenage workers. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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