Relief or More Uncertainty? The World Reacts as Trump Extends Tariff Deadline

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• 00:03

  America's Asian trade partners get a three-week break on new tariffs.

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  We'll hear how that's going over.

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  Plus, President Trump promises to resume defensive weapons shipments to Ukraine,

• 00:15

  citing frustration with Moscow's continued attacks.

• 00:18

  I'm disappointed, frankly, that President Putin hasn't stopped.

• 00:22

  I'm not happy about it either.

• 00:24

  And Amazon turns Prime Day into Prime Week as interest in the shopping holiday wanes.

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  It's Tuesday, July 8th.

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  I'm Luke Vargas for The Wall Street Journal.

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  And here is the AM edition of What's News,

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  the top headlines and business stories moving your world today.

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  July 9th is out.

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  August 1st is in.

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  With the clock running down to strike trade deals with dozens of countries before a Wednesday deadline,

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  President Trump has moved back the goalposts,

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  delaying some of his most punishing duties until the start of next month.

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  He communicated that yesterday via letters to 14 countries,

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  which also specified the tariff rate they'd face if they can't make a deal with Washington.

• 01:10

  Asia's benchmark stock indexes moved higher on that news,

• 01:13

  but just how much relief can a three-week tariff pause really offer to consider that and more.

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