First American Pope Elected to Lead Catholic Church

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• 00:03

  President Trump announces his first new trade deal with the UK.

• 00:07

  That's as U.S. negotiations with China are set to kick off this weekend.

• 00:11

  How businesses in both countries are coping with existing tariffs.

• 00:16

  For a lot of Chinese manufacturers that mainly export to the U.S. and for American businesses that heavily rely on Chinese imports into this country,

• 00:26

  it really has been a chaotic time.

• 00:28

  And...

• 00:29

  Peace be with you all.

• 00:33

  Those were the first public remarks from the first American pope.

• 00:38

  It's Thursday, May 8th.

• 00:39

  I'm Victoria Craig for The Wall Street Journal, filling in for Alex Osola.

• 00:43

  This is the PM edition of What's News,

• 00:46

  the top headlines and business stories that move the world today.

• 00:54

  We begin in the Oval Office today.

• 00:57

  You all set to go?

• 01:00

  Ready when you are.

• 01:01

  Okay, we're ready.

• 01:02

  We have the Prime Minister on the phone, and we have a nice hookup.

• 01:06

  With British Prime Minister Keir Starmer on the phone and flanked by members of his own administration,

• 01:12

  President Trump announced the outlines of a new trade agreement between the two countries.

• 01:16

  Today's agreement with the UK is the first in a series of agreements on trade that my administration has been negotiating over the past four weeks.

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