Axios Mar 8
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The world is waiting for Trump's trade war

Trudeau and Pena Nieto
Canadaian Prime Minister Justin Trudeau with Mexican President Enrique Pena Nieto. Photo: Alfredo Estrella / AFP via Getty Images

With President Trump imminently planning to sign a tariffs proclamation, the Gary Cohn wing scores a win: Canada and Mexico will be exempt at the outset, and will remain so if a new NAFTA deal is reached, per the Wall Street Journal.

QuoteTrade wars are bad and easy to lose.
— European Council President Donald Tusk at a press conference in Luxembourg, via AFP

The latest: A senior official told Axios' Jonathan Swan last evening that Trump's planned tariff announcement is now not happening today. As we reported Wednesday, Trump wanted to do it as soon as possible but White House lawyers are still working out the details.

Haley Britzky 12 hours ago
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Zuckerberg happy to testify if it is "the right thing to do”

A portrait of Facebook founder Mark Zuckerberg
A portrait of Facebook founder Mark Zuckerberg. Photo: Jaap Arriens / NurPhoto via Getty Images

Facebook CEO Mark Zuckerberg said he would be "happy" to testify before Congress if it was "the right thing to do," in an interview with CNN's Laurie Segall.

Why it matters: Facebook has been under the microscope lately for what Zuckerberg called earlier today the "Cambridge Analytica situation." Zuckerberg said if he was the "person...who will have the most knowledge," then he'd be the one to testify in the face of Facebook's data-collection situation.

Bob Herman 10 hours ago
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Jamie Dimon's $141 million payday

JPMorgan Chase CEO Jamie Dimon speaks at an event.
JPMorgan Chase CEO Jamie Dimon speaks at an event in 2016. Photo: Win McNamee / Getty Images

JPMorgan Chase CEO Jamie Dimon took home more than $141 million in 2017 after calculating the actual realized value of his stock, according to a preliminary draft of the banking giant's annual proxy document. Dimon's compensation is calculated as $28.3 million when using the estimated fair value of his stock. But that compensation figure doesn't matter as much because it doesn't reflect what executives report in their personal income tax filings.

Why it matters: It's the highest pay package of any active corporate CEO from 2017, based on Securities and Exchange Commission documents that have been filed thus far. Dimon's compensation is also 1,818 times higher than what the average JPMorgan employee makes.