U.S. and Iran Both Claim Victory in New Ceasefire

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• 00:02

  The U.S. Pauses attacks on Iran after an 11th hour truce.

• 00:07

  We'll get the latest on the ceasefire and check in on how markets are reacting.

• 00:11

  Plus, TikTok says hey to Finland as it tries to hold off European regulatory pressure and Republicans beat back

• 00:19

  a Democratic push to win Marjorie Taylor Greene's House seat.

• 00:22

  But they can't beat Donald Trump and they never will.

• 00:25

  And I will be on Capitol Hill as a warrior to have his back each and every day.

• 00:29

  It's Wednesday, April 8th.

• 00:31

  I'm Luke Vargas for The Wall Street Journal,

• 00:33

  and here is the AM edition of What 's News, the top headlines and business stories moving your world today.

• 00:46

  President Trump says he 's agreed to suspend attacks on Iran for two weeks,

• 00:51

  so long as the country immediately reopens the Strait of Hormuz.

• 00:55

  Trump defended the ceasefire announcement,

• 00:57

  saying that the U.S. Had already met its military objectives and citing progress

• 01:02

  in negotiating a long-term peace with Iran.

• 01:05

  But having threatened to wipe out Iran's civilization just hours earlier and promising attacks on a range of new targets

• 01:13

  in recent days, Is the U.S. Ready to lay down arms?

• 01:16

  Is Iran, and crucially, is the Strait of Hormuz back open?

• 01:21

  Here to help us sort out where things stand, I'm joined by Wall Street Journal Middle East correspondent Jared Malson.

• 01:27

  Jared, what exactly was agreed to overnight?

• 01:30

  So last night, President Trump announced a two-week ceasefire with Iran.

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