The Trump Administration Is Quietly Watering Down Some Tariffs

P.M. Edition for Oct. 17. In recent weeks, President Trump has been tiptoeing away from some of the tariffs that underpin his signature trade policy, saying reciprocal tariffs don’t apply to dozens of different products. We hear from WSJ trade and economic policy reporter Gavin Bade about why that’s happening. Plus, a decade ago, Walmart rattled investors with a historic pay raise for employees to $9 an hour. WSJ reporter Sarah Nassauer tells us why today the move is considered a success. Plus, in a meeting with Ukrainian President Volodymyr Zelensky at the White House today, President Trump said he’d rather end the war in Ukraine than send Tomahawks to the country. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.