The Pentagon buildup near Iran intensifies, plus the U.S.
and Taiwan finalize a trade deal centered around chip investments.
And the bill comes due for Detroit after Washington's EVU turn.
The most notable feature, perhaps, is the $7,500 tax credit,
which until the beginning of October, you could get against the purchase of an EV.
And since that has fallen away, EV sales in the U.S.
have really fallen off a cliff.
It's Friday, February 13th.
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.
The US Navy's largest aircraft carrier is on its way to the Middle East.
After spending months in the Caribbean, USS Gerald R.
Ford will be joining another aircraft carrier and nine warships already in the Middle East as the US steps up plans for a potential attack on Iran.
Journal correspondent Jared Mouson says the Trump administration has been using a carrot and stick approach with Iran
since promising to protect protesters.
Since then, we've seen an evolution of U.S.
policy.
The protests have died down after this brutal crackdown by the Iranian regime in which they have apparently killed thousands of people.
Now the administration has pivoted to this very uncertain policy where they are both negotiating with Iran over their nuclear program and also saying that
if they don't make a deal,