WSJ Opinion: Potomac Watch

• A Thaw in the Trade War as the U.S. and U.K. Make a Deal

  Donald Trump and Keir Starmer announce a preliminary trade deal after the pause on the President’s “Liberation Day” tariffs that caused distress in the financial markets. What does it mean for possible future pacts with Europe and China, and is the U.S.-U.K. agreement a sign of improvisational dealmaking?   Learn more about your ad choices. Visit megaphone.fm/adchoices

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• The GOP's Huddle on Its 'Big Beautiful Bill'

  How much progress are Republicans making, as they keep plugging away on legislation to pass their agenda via the Senate's reconciliation process, avoiding a filibuster? Questions that still divide the GOP are whether to reform Medicaid and the SNAP food-stamp program, and what about the SALT deduction and Donald Trump's promise of no taxes on tips and overtime? Learn more about your ad choices. Visit megaphone.fm/adchoices

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• Stranded in Newark? The FAA's Air-Traffic Control Mess

  Hundreds of flights through Newark, N.J., have been disrupted, after an incident in which air-traffic controllers reportedly lost radar and communications for a short time. Transportation Secretary Sean Duffy said planes weren't in danger, but why can't the U.S. fix this outdated system? Plus, 35 Democrats in the House vote to end California's mandate for electric vehicles. Learn more about your ad choices. Visit megaphone.fm/adchoices

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• Paul Gigot Interviews Jason Riley on 'The Affirmative Action Myth'

  Wall Street Journal columnist Jason Riley talks about his book in which he argues that black Americans made faster educational and economic progress before the onset of racial preferences and welfare programs. They also discuss whether it makes sense for colleges to give preferences to students from poor economic backgrounds.   Learn more about your ad choices. Visit megaphone.fm/adchoices

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• Trump's Trade Wars and the Decline in U.S. GDP

  The U.S. economy shrank in the first quarter of 2025, according to data released this week, and public companies on their earnings calls have recently warned about tariff effects, slowing consumer spending, and coming price increases. On the other hand, the jobs figures for April look solid. Yet nobody knows whether President Trump's Liberation Day tariffs are coming back. Learn more about your ad choices. Visit megaphone.fm/adchoices

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