There's already a framework in place to prioritize strategic industries like shipbuilding and AI. A group of advisors will make recommendations and President Trump will make the final selection.

From the BBC World Service: U.S. President Donald Trump is in South Korea for the Asia-Pacific Economic Cooperation Forum.

From the BBC World Service: Banking giant HSBC has set aside over $1 billion for litigation related to Bernie Madoff.

From the BBC World Service: Thailand, Cambodia, Vietnam, and Malaysia have all struck a series of trade agreements with President Donald Trump at the ASEAN summit.

From the BBC World Service: After an anti-tariff ad featuring Ronald Reagan aired, President Donald Trump abruptly cut off all trade talks with America’s northern neighbor.

From the BBC World Service: The United States has announced new sanctions on Russian oil in an effort to expedite peace talks between Moscow and Ukraine.

If it doesn’t work, the U.S. could be stuck with a bunch of pesos that aren’t worth very much.

From the BBC World Service: Experts have estimated that the cyberattack on Jaguar Land Rover cost the carmaker roughly $2.55 billion.

From the BBC World Service: Sanae Takaichi models herself after former British Prime Minister Margaret Thatcher, and has a range of economic challenges to tackle.

From the BBC World Service: Slowing economic growth sets the backdrop as members of China's ruling Communist Party gather to discuss the country's economic plans.