2025-05-07
14 分钟The U.S. trade deficit hit a record high in March.
Plus, recent aviation mishaps show that U.S. air traffic control is in need of an overhaul.
The state of the system is really a function of years and years of neglect.
It is a question about whether or not this administration that is focused on slowing down in many ways can beef up a very anemic and...
neglected system that everyone seems to think is long overdue for an overhaul.
And President Trump says he's reached a truce with Houthi militants in Yemen.
It's Tuesday, May 6th.
I'm Alex Sosola for The Wall Street Journal.
This is the PM edition of What's News,
the top headlines and business stories that move the world today.
The U.S. trade deficit ballooned 14 percent to a record $140.5 billion in March,
as businesses stockpiled goods before President Trump's Liberation Day tariffs took effect.
According to data from the Census Bureau,
nearly all of the surge in imported consumer goods for the month were pharmaceutical products,
which the Trump administration is currently considering hitting with tariffs.
Imports of computer accessories, automobiles, and car parts and engines also increased.
Republican lawmakers are looking to make President Trump's campaign slogan of no tax on overtime a reality.
Today,
Kansas Senator Roger Marshall introduced a bill that could become part of Republicans' giant tax and spending bill supporting President Trump's agenda.
But the overtime proposal would come with limits.