News Wrap: Bessent says U.S. and China both see high tariffs as unsustainable

In our news wrap Friday, U.S. envoy Steve Witkoff sat down with Vladimir Putin for talks to end Russia's war in Ukraine, Indian and Pakistani soldiers exchanged gunfire across the border of Kashmir, Luigi Mangione pleaded not guilty to federal murder charges in the killing of UnitedHealthcare CEO Brian Thompson and George Santos was sentenced to seven years in prison for fraud and identity theft. PBS News is supported by - https://www.pbs.org/newshour/about/funders

At the Vatican, a last chance for the faithful to view Pope Francis in his casket before his funeral on Saturday. More than a quarter-million people over three days of public viewing processed by Francis, resting in a simple wood coffin. Fifty-four Heads of state, including President Trump, will attend the service in St. Peter's Basilica. Special correspondent Malcolm Brabant reports from Rome. PBS News is supported by - https://www.pbs.org/newshour/about/funders

With tariffs in effect around the world, corporate leaders are raising concerns about the uncertainty already created. Many are now asking the White House to reconsider new tariffs that are set to come into play next month. The CEOs of Walmart and Target reportedly warned President Trump there could be empty shelves within weeks. Amna Nawaz discussed how businesses are reacting with Rich Lesser. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Russia pounded Kyiv overnight in one of its largest attacks on the Ukrainian capital since last summer. Officials there say nine people were killed and more than 70 others injured. It comes at a pivotal moment in the war. The U.S. proposed a peace deal Wednesday and has threatened to pull the plug on talks if both sides don’t reach an agreement soon. Laura Barrón-López reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders

The central economic focus of President Trump's second term so far has been tariffs. Over the past few months, the president has levied - and also paused - taxes on imports from all over the world. Some have taken effect, including his tariffs on aluminum. Economics correspondent Paul Solman looks at those and what kind of impact they may have on manufacturers, workers and consumers. PBS News is supported by - https://www.pbs.org/newshour/about/funders

It was a pivotal day of diplomacy and declarations for the future of the war in Ukraine, now mired in its fourth year. Ukrainian and American officials convened in London in what had been billed as a make-or-break meeting. Ukraine demanded a ceasefire before it would agree to any concessions, while President Trump aimed his fire at Ukrainian President Volodymyr Zelenskyy. Nick Schifrin reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Thousands gathered in St. Peter's Square as Pope Francis' casket was brought for three days of viewing. The pontiff, who died Monday at age 88, will be celebrated this Saturday in an elaborate funeral mass. Mourners came from all corners of the world. Some were compelled by pilgrimage, others to witness a snapshot in time of the 2000-year-old Catholic Church. Malcolm Brabant reports from Rome. PBS News is supported by - https://www.pbs.org/newshour/about/funders

In our news wrap Wednesday, Treasury Secretary Scott Bessent said both the U.S. and China see high tariffs as unsustainable but dismissed reports U.S. would bring them down unilaterally, a dozen states have sued the Trump administration over its tariff policy and President Trump signed an executive order that will seek changes in the accreditation process for colleges and universities. PBS News is supported by - https://www.pbs.org/newshour/about/funders

The Catholic faithful and many more the world over continued to pay their respects to Pope Francis one day after his death. An official period of mourning began in Italy that will last through his funeral this weekend. Security is ramping up to prepare for the throngs of mourners and world leaders expected to gather in Rome. Malcolm Brabant reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders

According to attorneys, over 1,000 student visas have been revoked in the Trump administration’s crackdown. Part of that effort has been a State Department argument that some students’ actions threaten U.S. foreign policy interests. Nick Schifrin discussed more with former acting Homeland Security Secretary Chad Wolf and Richard Haass, president emeritus of the Council of Foreign Relations. PBS News is supported by - https://www.pbs.org/newshour/about/funders