Mark Zuckerberg looks to the White House for help
as he fights an EU law that could undermine Meta's ad business.
Plus, a day before the unveiling of sweeping US Tariffs,
we hear a case for the president's trade agenda.
Well, in some respects, you need a permanent policy.
You need a change in just the baseline American economic strategy,
which for decades now has been free trade.
And so step one is that baseline shift that says, no,
the default is now, actually, we are going to use tariffs if trade is imbalanced.
And Trump pledges a crackdown on price gouging in the ticket market.
It's Tuesday, April 1st.
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,
President Trump says he has settled on a plan for his latest batch of tariffs due to be announced tomorrow,
but for now is keeping those plans close to the vest.
Among one of the options he's been weighing is whether to apply a universal tariff of up to 20% on all imports or take a so called reciprocal tariff approach that would levy individual tariff rates on specific countries subject to negotiation.
As we await details,
we spoke to someone with a strong sense about why Trump and his allies are leaning so hard on a tariff strategy.
Oren Cass is the founder of the conservative populist think tank American Compass,