EU, Mexico Secure New Trade Deal as Trump Presidency Looms

• EU and Mexico seal trade deal ahead of Trump’s return

  Update to existing agreement comes after US president-elect threatened both sides with tariffs
  
  Financial Times - 8h
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  ‘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 - 1d

• Mexico president trolls Trump with "Mexican America" map

  Mexico's president sarcastically said that the U.S. should be called "Mexican America" after Trump's vow to rename the Gulf of Mexico the "Gulf of America."
  
  CBS News - Jan. 9
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  Mexico's president claps back at Trump, suggests new name for U.S. — America Mexicana

  President Claudia Sheinbaum proposed using the 17th-century name in response to President-elect Donald Trump's comment he'd try to change the name of the Gulf of Mexico.
  
  NBC News - Jan. 8
• 

  Mexico’s President Pokes Fun at Trump With New Name for the U.S.

  President Claudia Sheinbaum of Mexico also said Donald Trump was ill-informed when he said Mexico was “essentially run by the cartels.”
  
  The New York Times - Jan. 8
• 

  Mexico's President Sheinbaum offers sarcastic response to Trump's 'Gulf of America' comment

  Mexican President Claudia Sheinbaum has responded sarcastically to U.S. President-elect Donald Trump’s proposal to rename the Gulf of Mexico as the Gulf of America
  
  ABC News - Jan. 8

• Mexico president addresses fentanyl production after Trump's tariff threat

  President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.
  
  CBS News - Jan. 8
• 

  News Analysis: It's a big month for the Lakers as trade deadline looms

  After acquiring Dorian Finney-Smith, the Lakers likely won't pursue adding a big man but rather look to add more shooting and athleticism on the perimeter.
  
  Yahoo Sports - Jan. 5

• Merz pushes for EU free trade deal with Trump’s US

  German conservative leader predicted to be next chancellor rejects retaliatory tariffs
  
  Financial Times - Jan. 2

More from The Wall Street Journal

• 

  CNN Settles Defamation Suit After Jury Found It Liable for Smearing Navy Veteran in Afghanistan Evacuation Story

  News network reached a deal with Zachary Young as it was facing potentially tens of millions of dollars in punitive damages.
  
  The Wall Street Journal - 3h
• 

  Fire at One of World's Largest Battery Plants Prompts Evacuations in California

  Authorities haven’t determined what sparked the blaze.
  
  The Wall Street Journal - 3h
• 

  U.S. Sues Walgreens for Role in Opioid Crisis

  The pharmacy chain since August 2012 filled prescriptions that lacked a legitimate medical purpose, were invalid or weren’t issued in professional practice, the Justice Department said.
  
  The Wall Street Journal - 3h
• 

  Financial Services Roundup: Market Talk

  Find insight on TD Bank, Wise, Australian bank stocks and more in the latest Market Talks covering financial services.
  
  The Wall Street Journal - 4h
• 

  Energy & Utilities Roundup: Market Talk

  Read about the rig count, oil prices, Petronas and more in the latest Market Talks covering energy and utilities.
  
  The Wall Street Journal - 4h

More in Business

• TikTok says it will go dark on Sunday unless Biden intervenes

  TikTok said its services will go dark Sunday unless the Biden administration gives a definitive statement providing assurances for the app's service providers.
  
  CNBC - 10m
• 

  Jean Jennings, Who Wrote With Verve About Cars, Dies at 70

  A cabdriver and mechanic before becoming a journalist, she brought personality and adventure to a once-staid genre. She once won a demolition derby and motorcycled across China.
  
  The New York Times - 30m
• 

  Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors

  An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.
  
  The New York Times - 59m

• S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration

  The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their ...
  
  MarketWatch - 1h
• 

  Supreme Court Backs Law Requiring TikTok to Be Sold or Banned

  The company argued that the law, citing potential Chinese threats to the nation’s security, violated its First Amendment rights and those of its 170 million users.
  
  The New York Times - 2h