PRESS DIGEST- Wall Street Journal - March 12

Reuters

Mar 12, 2025

PRESS DIGEST- Wall Street Journal - March 12

March 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump's increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired, as his campaign to reorder global trade norms in favor of the U.S. stepped up.

- Southwest Airlines LUV.N plans to start charging for checked bags, a seismic shift that will boost revenue but potentially give its fiercely loyal passengers a reason to shop around.

- The Trump administration has terminated $800 million in grants to Johns Hopkins University, spurring the nation's top spender on research and development to plan layoffs and cancel health projects.

- A law firm punished by President Trump sued his administration Tuesday, alleging the White House illegally targeted the firm and made it effectively impossible for its clients to obtain the representation of their choice.

- The U.S. Education Department said it was cutting its workforce by roughly half ahead of President Trump's expected executive order seeking to dismantle the federal agency, which was established by Congress in 1979.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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Reuters has not verified these stories and does not vouch for their accuracy.</p><p>- U.S. President Donald Trump's increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired, as his campaign to reorder global trade norms in favor of the U.S. stepped up. </p><p>- Southwest Airlines <span>LUV.N</span> plans to start charging for checked bags, a seismic shift that will boost revenue but potentially give its fiercely loyal passengers a reason to shop around.</p><p>- The Trump administration has terminated $800 million in grants to Johns Hopkins University, spurring the nation's top spender on research and development to plan layoffs and cancel health projects. </p><p>- A law firm punished by President Trump sued his administration Tuesday, alleging the White House illegally targeted the firm and made it effectively impossible for its clients to obtain the representation of their choice. </p><p>    - The U.S. Education Department said it was cutting its workforce by roughly half ahead of President Trump's expected executive order seeking to dismantle the federal agency, which was established by Congress in 1979.</p><p> (Compiled by Bengaluru newsroom)</p><p> ((globalnewsmonitoring@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B1XK9C88.USD","symbol_name":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250312:nL4N3PV0CI:1","article_id":"2518031035","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518031035","pubTimestamp":1741758209,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PRESS DIGEST- Wall Street Journal - March 12March 12 (Reuters) - The following are the top stories in the Wall Street Journal. 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Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump's increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired, as his campaign to reorder global trade norms in favor of the U.S. stepped up. - Southwest Airlines LUV.N plans to start charging for checked bags, a seismic shift that will boost revenue but potentially give its fiercely loyal passengers a reason to shop around.- The Trump administration has terminated $800 million in grants to Johns Hopkins University, spurring the nation's top spender on research and development to plan layoffs and cancel health projects. - A law firm punished by President Trump sued his administration Tuesday, alleging the White House illegally targeted the firm and made it effectively impossible for its clients to obtain the representation of their choice.     - The U.S. Education Department said it was cutting its workforce by roughly half ahead of President Trump's expected executive order seeking to dismantle the federal agency, which was established by Congress in 1979. 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