Gavin Bade

Trade and economics reporter, @WSJ. Bari sax, @futurebanddc. Michigander, DC resident, Georgetown Hoya, #LFC, #DontMuteDC. DM open.

[Gavin Bade @GavinBade]

Hey everyone! Today is my first day at the Wall Street Journal covering all things trade and international economic policy. Tips to [email protected] or DM me here. Talk soon!

[Gavin Bade @GavinBade]

Full story: https://t.co/xVU3bJmymj

[Gavin Bade @GavinBade]

SCOOP: Trump admin wants autos under USMCA to contain 50% US content

Plan prepared before talks with Mexico, which continue today

US content rule would be NEW; none in existing USMCA

Automakers worried, want to know phase-in timeline

w/ @PerezEnMexico, @christopherotts

[First Squawk @FirstSquawk]

WSJ reports that Trump is delaying a decision to cut tariffs on beef imports.

[Gavin Bade @GavinBade]

Updated piece https://t.co/62nQmLJDrv

[Gavin Bade @GavinBade]

BEEF TARIFF CUT DELAYED, per White House

Trump did not sign a planned suspension of tariff-rate quotas for beef. No explanation given, but came after pushback from ranchers and Capitol Hill R's

Trump's team now "finalizing potential executive actions" on beef, per official.

[Gavin Bade @GavinBade]

SCOOP: Trump will suspend tariff-rate quotas on beef, lowering levies as part of larger affordability push today.

Exec orders also lower protections for wolves, ease rules on cattle ear tags and aim to increase rancher access to capital.

@PatThomas1318 and me

[Gavin Bade @GavinBade]

https://t.co/6HMouwfUkz

[Gavin Bade @GavinBade]

SCOOP: Trump will suspend tariff-rate quotas on beef, lowering levies as part of larger affordability push today.

Exec orders also lower protections for wolves, ease rules on cattle ear tags and aim to increase rancher access to capital.

@PatThomas1318 and me

[Greg Ip @greg_ip]

Trump's state capitalism w/American characteristics forges ahead. UAL CEO Scott Kirby suggested to Trump merger w/American could create "national champion." US officials discussed taking a stake, @MaggieSeverns @GavinBade @jdawsey1 @meridithmcgraw report. https://t.co/Vsiy5M5lbP

[Gavin Bade @GavinBade]

full piece https://t.co/XNxq6E7i1i

[Gavin Bade @GavinBade]

BIG STORY: Trump is dramatically expanding the state's role in the economy with public stakes in firms and aggressive regulatory plans.

The State Capitalist policies all have one upshot: they increase Trump's personal power.

With @MaggieSeverns, @jdawsey1, @meridithmcgraw

[Chad P. Bown @ChadBown]

If USMCA no longer exists or a renewed version doesn’t significantly reduce tariffs on cars and auto parts made in North America, some foreign carmakers might not be able to build and sell the cheaper cars for the US market

by @SharonTerlep & @GavinBade

https://t.co/rzuUldq2ww

[Gavin Bade @GavinBade]

Full piece: https://t.co/VJ5r3hwMha

[Gavin Bade @GavinBade]

EXCLUSIVE: Automakers could pull cheap car models from the U.S. market if USMCA is not re-upped with lower or no auto tariffs.

@sharonterlep & me:

[Gavin Bade @GavinBade]

@TimPuko @FT @ftcommodities wow talk about a BLAST from the past!

[Brian Schwartz @schwartzbWSJ]

SCOOP: The Trump administration and Spirit Airlines are nearing a deal where the U.S. government would put up to $500 million into Spirit Airlines stock warrants to try to save the company, leading to a potential significant stake in the company.

Team effort w/ @alyrose and @AndrewScurria

https://t.co/qbkoH5Ur3G

[Brian Schwartz @schwartzbWSJ]

SCOOP: Small group of Trump employees and at least one Mar-a-Lago member directly lobbied the president earlier this year to expand the H-2B visa program, which is used by properties owned by the the Trump Org.

Inside a secret meeting featuring Trump, his veteran employees + a Mar-a-Lago member that seemed to convince POTUS to expand the H-2B visa allotment.

story w/ @MHackman
https://t.co/mK8KZfg5NY

[Gavin Bade @GavinBade]

full piece https://t.co/o9kCQjNDwr

[Gavin Bade @GavinBade]

SCOOP: Ford has asked Trump admin for relief from 50% aluminum tariffs after fires at a New York aluminum facility took a key domestic supply of the metal for its F-150 offline.

Trump's team so far has said no.

w/ @bob_tita, @ryanfelton

[Lingling Wei 魏玲灵 @Lingling_Wei]

"merely symbolic"
Neither side intends to blow up the trade truce. #USCHINA

[Lingling Wei 魏玲灵 @Lingling_Wei]

NEW: Treasury Secretary Scott Bessent is considering raising the energy issue with his Chinese counterpart ahead of Trump’s meeting with Xi, currently slated for the beginning of April. With @GavinBade https://t.co/srGb3D1gM3 via @WSJ