Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks

• Canada warns of ‘tit-for-tat’ tariffs on US if Trump imposes levies

  Energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military power
  
  Financial Times - 8h

• ‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage

  Anger at insurers goes beyond health coverage.
  
  MarketWatch - 4d

• Threat of Trump tariffs adds to global economic uncertainty, IMF warns

  Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the world
  
  Financial Times - 4d

• Brompton chief warns axing tariffs on Chinese bicycles could ‘kill’ business

  Flood of cheaper products could hit an industry already struggling with stagnant post-pandemic demand
  
  Financial Times - 5d
• 

  Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada

  Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...
  
  The Guardian - 5d

• Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes

  President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.
  
  The New York Times - 5d

• Trudeau warns that Trump's tariffs will raise prices for Americans

  Politico - 5d
• 

  Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans

  From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.
  
  Inc. - 6d

• Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry

  Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administration
  
  Financial Times - Jan. 7

More from The New York Times

• 

  Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund

  The estate’s assets have swelled to $145 million, a probate court filing in the U.S. Virgin Islands shows. Much of that won’t make its way to Mr. Epstein’s victims.
  
  The New York Times - 1h
• 

  Russell Vought Poised to Expand Power of White House Budget Office

  If confirmed, Mr. Vought will be at the center of President-elect Donald Trump’s plans to upend the federal bureaucracy.
  
  The New York Times - 3h
• 

  S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations

  Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.
  
  The New York Times - 17h
• 

  Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.

  Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.
  
  The New York Times - 6h
• 

  John Deere Sued by FTC Over Equipment-Repair Practices

  The lawsuit against the maker of John Deere tractors represents a final push in the Biden administration’s broader efforts to make repairs less costly for consumers.
  
  The New York Times - 40m

More in Business

• 

  BoE may need to speed up rate cuts in coming year, policymaker says

  Alan Taylor says stalling UK economy raises risks that five or six reductions will be needed
  
  Financial Times - 10m

• Israel and Hamas agree to Gaza ceasefire, hostage deal

  A ceasefire and hostage deal between Israel and Hamas has been reached in the bloody war in Gaza.
  
  CNBC - 11m
• 

  Israel and Hamas agree Gaza ceasefire

  Outline deal reached but Netanyahu’s office warns details are still to be finalised
  
  Financial Times - 14m

• Social Security’s COLA is expected to drop in 2026 — but how low could it go?

  The cost-of-living adjustment could mark its lowest increase since at least the start of the pandemic.
  
  MarketWatch - 28m
• 

  Trump’s policy pledges unleashing ‘animal spirits’, Wall St bankers say

  Financiers optimistic about vows to cut regulations and growth potential even as they worry about tariffs and geopolitical risks
  
  Financial Times - 28m