P.M. Edition for Jan. 5. President Trump’s “Donroe Doctrine” <a href="https://www.wsj.com/world/americas/venezuela-ushers-in-the-era-of-trumps-donroe-doctrine-61f9b080?mod=WSJ_WNPOD">represents a big turn in U.S. geopolitical strategy</a>. We talk with <a href="https://www.atlanticcouncil.org/expert/geoff-ramsey/?mod=WSJ_WNPOD">Geoff Ramsey</a>, a nonresident senior fellow at the Atlantic Council and an expert on Latin America, about how other countries in the region could be feeling pressure from the U.S. Plus, Venezuela’s ousted leader Nicolás Maduro <a href="https://www.wsj.com/us-news/maduro-declares-his-innocence-in-first-u-s-court-appearance-ae5ed738?mod=WSJ_WNPOD">remained defiant</a> during his first appearance in U.S. federal court. And why automakers are <a href="https://www.wsj.com/business/autos/auto-car-sales-usa-2026-44ddcaa6?mod=WSJ_WNPOD">expecting a tough year ahead</a>. Alex Ossola hosts.

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