A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic

World - ABC News - Yesterday

Trump Tariffs Could Hurt Shrinking Global Luxury Goods Market

Despite seeing a post-recession bump, luxury good sales are declining and may be hit hard by Trump tariffs.

Business - Inc. - 20 hours ago

Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds

The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.

Business - CNBC - Yesterday

Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'

Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated with its own U.S. import taxes

Business - CNBC - 4 days ago

Markets look past Trump tariffs, but they could be ‘life or death’ for some companies

Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.

Business - MarketWatch - November 6

From cars to planes: global manufacturers brace for Trump’s tariffs

Executives across multiple industries expect supply chain upheaval

Business - Financial Times - 6 days ago

Microplastics Could Be Making the Weather Worse

Microplastics cause clouds to form in places where they wouldn't otherwise, which is likely to have knock-on effects on the weather and climate.

Tech - Wired - 4 days ago

Here’s how tariffs can be implemented without rocking markets, Trump-friendly strategist says

A senior hedge-fund strategist argues the Trump administration can have its tariff cake and eat it too.

Business - MarketWatch - 7 hours ago

Trump’s tariff obsession is worse than before

Trying to close current account deficits with trade tools could cause serious damage

World - Financial Times - November 7

Here’s what can stall Trump’s tax and tariff plans

Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.

Business - MarketWatch - November 6

Businesses brace for Trump tariffs on Chinese goods

Businesses are preparing for the spate of new tariffs on Chinese goods promised by former President Trump on the campaign trail, making advanced purchases of imported goods and buying up extra ...

Politics - The Hill - October 30

Global plastic production must be cut to curb pollution, study says

Analysis lays bare huge challenge of mismanaged waste on eve of UN plastic treaty talks in Busan. Global plastic production must be reduced to tackle the immense challenge of plastic pollution , ...

World - The Guardian - 1 hour ago

Here's what the Trump presidency could mean for the housing market, experts say

Donald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.

Business - CNBC - 3 days ago

Trump Claims Victory: What It Means for Global Markets

Investors poured into stocks, crypto, and meme tokens overnight to position for a second Trump White House.

Business - Inc. - November 6

Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers

Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.

Business - CNBC - October 30

Would Trump's tariffs trigger a global trade war? Experts weigh in.

The Republican presidential candidate has proposed tariffs as high as 20% on all imported goods.

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - October 28

Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances

Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.

Business - The New York Times - October 29

Global ETFs slide as investors see Trump tariff policies hurting trade

Exchange-traded funds tracking international stocks broadly struggled as investors reacted to Donald Trump's victory.

Business - CNBC - November 6

Bondholders could make $14bn from emerging market restructurings, says Debt Justice

Campaign group says debt resolution in countries from Ghana to Ukraine means potential big profits for investors

World - Financial Times - October 18

Greenlight's David Einhorn says the markets are broken and getting worse

Einhorn's frustration with passive investing is understandable. Academic research has long supported the belief that, in the long run, value outperforms growth.

Business - CNBC - 3 hours ago

Trump tariffs could cost UK £22bn of exports

The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.

Yellen slams tariffs as Trump makes case

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Yellen takes shot at tariffs as Trump digs in Treasury Secretary Janet Yellen ...

Politics - The Hill - October 17

U.S. election won't be an 'uneventful event' for global markets, UBS chief says

Ermotti forecasts "market movements" will take place in the wake of the upcoming U.S. elections, no matter who wins leadership of the world's largest economy.

Business - CNBC - October 30

Shrinks against Donald Trump

US mental health professionals take out full-page ad to warn that former president ‘is an existential threat to democracy’

World - Financial Times - October 28

Trump’s tariffs pose a greater risk to markets than his tax cuts

They pose a significant threat to the global economy because of how far-reaching they are, the odds of implementation and the potential for widespread retaliation.

Politics - The Hill - October 18

Trump tariffs would hit these stock-market sectors the hardest

S&P 500 could see a 4.7% decline next year, according to a Barclays analysis.

Business - MarketWatch - October 19

‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election

As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.

Business - The New York Times - October 25

Trump tariffs: Why stock-market investors are underrating impact

Donald Trump’s most unconventional policy proposal is also one he’s been most consistent in promoting: universal tariffs.

Business - MarketWatch - October 26

Weight loss drugs could help patients struggling with addiction, study says

A new study shows diabetes drugs like Mounjaro and Ozempic, which people also take to lose weight, may help patients suffering from addiction. CBS News contributor Dr. Celine Gounder explains.

Weight loss drugs could help with alcohol, opioid addiction, study says

Drugs like Mounjaro and Ozempic, which many use for weight loss, may also help patients suffering from addiction, according to a new study.

Vance says Trump campaign 'can make a good case to women,' but won't tell them how to vote

Sen. JD Vance (R-Ohio), former President Trump’s running mate, said the GOP ticket will try to sell its agenda to women but said that, ultimately, female voters will decide how to vote. In an ...

Politics - The Hill - October 27

Q&A: Experts answered your questions on trade and markets in the Trump era

FT journalists responded to readers’ queries on how the global economy might change under the incoming president

World - Financial Times - 3 hours ago

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