Dollar slides as Trump shies away from immediate trade tariffs
Euro, sterling and Canadian currencies rally sharply against greenback
Read more at Financial Times
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Trump Holds Off on Tariffs, but Paves the Way for Future Trade Action
The president’s executive action on trade will keep all possibilities on the table, including eventual tariffs against China, Canada and Mexico.The New York Times - 6h -
Trump unlikely to impose trade tariffs on UK, says Treasury minister
Darren Jones says Britain should not look at the incoming US president ‘as a risk’Financial Times - 1d -
Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - 3d -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - 4d -
‘TARIFFS all the way!!!’: EU mulls carrots and sticks to counter Trump on trade
Bloc may ward off incoming president’s threats by buying more US goods, or impose its own tariffs in retaliation. If there is one thing the EU knows about Donald Trump, it is that he loves tariffs. ...The Guardian - 4d -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - Jan. 4
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Trump Signs Executive Order in Attempt to Delay TikTok Ban
Shortly after taking office Monday, the president issued the order to delay the app’s ban by at least 75 days. The law went into effect on Sunday.The New York Times - 8m -
Trump says US could hit Mexico and Canada with 25% tariffs from February 1
President signs raft of executive orders to unpick Biden agenda and cut federal bureaucracyFinancial Times - 21m -
Trump’s Day 1 executive orders target EVs, inflation, immigration. Here’s what could come next.
After being sworn in, President Trump has a laundry list of executive orders.MarketWatch - 49m -
Trump vows new US ‘golden age’ as he moves to unwind Biden era
President declares reversal on policies from immigration to climate but stops short of announcing new tariffsFinancial Times - 1h -
The key moments in Trump’s big speech
The president made a lot of promises, from more drilling to renaming the Gulf of MexicoFinancial Times - 1h