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cover of episode What Will Trump’s Team Do About His Conflicting Growth and Trade Agendas?

What Will Trump’s Team Do About His Conflicting Growth and Trade Agendas?

2024/11/21
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WSJ What’s News

Key Insights

Why are President-elect Trump's growth and trade agendas in conflict?

Boosting economic growth through tax cuts and deregulation can increase imports and the dollar, making domestic manufacturing less competitive. Conversely, high trade tariffs can hurt consumer spending and slow economic growth.

What are the primary charges against Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant?

The charges include war crimes and crimes against humanity, such as using starvation as a weapon of war and restricting humanitarian aid to Gaza.

What impact does the ICC arrest warrant have on Netanyahu and Gallant?

They would face arrest if they travel to countries that recognize the ICC's jurisdiction, isolating Israel internationally and signaling non-compliance with international law.

Why did Matt Gaetz withdraw his nomination for U.S. Attorney General?

Gaetz cited his confirmation process becoming a distraction, likely due to ongoing sexual misconduct and drug allegations that Republican lawmakers were prepared to reject.

How did the stock market react to Trump's election?

The stock market rallied, expecting Trump's policies to be good for profits, with a rise in the dollar and weak performance by foreign markets, suggesting a tariff-light approach rather than a tariff-first agenda.

Chapters

The International Criminal Court issues arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant, alleging war crimes and crimes against humanity.
  • Arrest warrants issued for Netanyahu, Gallant, and Hamas leader Mohammed Daif.
  • Charges include using starvation as a weapon and targeting civilians.
  • Israel rejects the court's jurisdiction, but the warrants restrict travel to ICC member states.

Shownotes Transcript

P.M. Edition for Nov. 21. WSJ chief economics commentator Greg Ip) explains how President-elect Trump’s economic team will work on his policy priorities). And Justice Department reporter Sadie Gurman) discusses the fallout) from former Congressman Matt Gaetz’s withdrawal of his U.S. attorney general nomination. Plus, WSJ Middle Eastern correspondent Omar Abdel-Baqui) discusses the implications of the International Criminal Court’s arrest warrant) for Israeli Prime Minister Benjamin Netanyahu. Tracie Hunte hosts.

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