A.M. Edition for April 23. Global markets breathe a sigh of relief as President Trump signals a softer tone on China tariffs and said he isn’t planning to fire Federal Reserve Chair Jerome Powell. Plus, as Elon Musk hints that his work with the Trump administration could be coming to an end, WSJ reporter Stephen Wilmot explains what that could mean for Tesla. And federal contractors offer billions in cost cuts to win over an administration skeptical about their contributions. Luke Vargas 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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