As Threat of Trump Tariffs Looms, Europe’s Leaders Seek Greater Unity

At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to counter Donald Trump’s protectionist agenda.

Business - The New York Times - 18 hours ago

Leaders urge stronger action to defend Europe after Trump’s re-election

EPC talks in Budapest call for unity on continent as former US president’s return to White House brings uncertainty. European leaders have called for stronger action to defend their continent and ...

World - The Guardian - November 7

Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs

Donald Trump's recent victory is likely to see looming tariffs on China — but it may not be the only country subject to tariffs, according to Goldman Sachs.

Business - CNBC - November 11

Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.

The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.

Business - The New York Times - November 7

EU leaders strain for unity after Trump win and German crisis

Bloc gathers in Budapest at summit hosted by Brussels’ antagonist Viktor Orbán

World - Financial Times - November 7

‘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

With Trump Tariffs Looming, Businesses Try to ‘Run From a Moving Target’

Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.

Business - The New York Times - November 8

Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom

The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.

Business - MarketWatch - November 8

U.S. Businesses Work to Limit Costs of Looming Trump Tariffs

Companies are rushing to stock up reserves of goods and create new supply chains to avoid the worst of anticipated costs.

Business - Inc. - November 11

China urges U.S. cooperation as Trump trade threat looms

China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would be the next U.S. president.

Business - CNBC - November 7

Trump’s Presidency Could Spell a Lonely and Dangerous Stretch for Europe

Internal political squabbles — and the fallout from a global backlash to inflation, immigration and ruling elites — are hobbling Germany and France.

World - The New York Times - November 10

U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats

Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.

Business - The New York Times - November 4

Trump win and threat of more tariffs raises expectations for more China stimulus

Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.

Business - CNBC - November 7

FirstFT: Trump’s first appointment

Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker pay

World - Financial Times - November 8

Cuban implies Trump's tariff threat having negative impact 'right now'

Billionaire and former Harris campaign surrogate Mark Cuban warned of the negative impact of President-elect Trump's tariff plans, which include a general tariff on imported goods and an additional ...

Politics - The Hill - November 9

Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes

In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing.

Europe could try to stop — or get around — damaging Trump tariffs

Donald Trump's U.S. election win has left Europe scrabbling to work out how it will be able to contain — or counter — probable tariffs on its exports to the U.S.

Business - CNBC - November 11

COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large

The annual UN climate summit has kicked off in Baku, Azerbaijan, with lofty goals, but many global leaders missing.

Tech - Wired - November 11

Senate Republicans to elect new leader as Trump looms over contest

Whip John Thune of South Dakota, former Whip John Cornyn of Texas and Sen. Rick Scott of Florida are in the race for Senate Republican leader.

As Trump Looms, Biden Makes a Twilight Pitch on Ukraine to Global Leaders

The president approved Ukraine’s use of long-range missiles inside Russia, but that decision, among others, may soon be reversed.

World - The New York Times - 4 days ago

Trump expands search for Treasury secretary

President-elect’s top economic appointment has kicked off fierce lobbying among loyalists

Business - Financial Times - 5 days ago

Europe’s unity at risk as sense of crisis grows

The EU needs investment to boost growth and competitiveness, but the debate over who pays has echoes of the financial crisis

World - Financial Times - November 8

Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms

Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.

Business - CNBC - November 7

Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’

Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.

Business - MarketWatch - November 13

EU leaders vow to make bloc more competitive in face of Trump threat

Budapest meeting finds consensus on need to raise growth and productivity as ‘America first’ protectionism looms. EU leaders meeting in Budapest have signed a declaration aimed at boosting the ...

World - The Guardian - November 8

Europe's leaders face up to Trump victory at Hungarian summit

Leaders meeting in Budapest will be focused on Russia's war and fears of US isolationism.

As Trump Returns to Power, World Leaders Seek Stability With China

The return to power of President-elect Donald J. Trump, who has vowed to confront China on tariffs, has created deep uncertainty about the U.S. role in avoiding global conflicts.

Top stories - The New York Times - 3 days ago

'Everyone is calling': Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes

Donald Trump campaigned on hardline tariff proposals that alarmed economists, corporate America and Wall Street.

Business - CNBC - November 12

A double whammy of tariffs and strikes is coming for U.S. trade and the global supply chain in early 2025

Shippers and logistics companies are gaming out a complex early 2025 as President-elect Donald Trump may hike tariffs, and East and Gulf Coast ports may strike.

Business - CNBC - 3 days ago

Trump’s Tariffs

We explore his promise to impose a charge on foreign products entering the U.S.

Top stories - The New York Times - 2 days ago

Putin, Xi, Trump… The barbarians are at the gate but Europe’s leaders are too busy infighting to notice | Simon Tisdall

Amid threats to its ‘reason for being’, the EU must stop squabbling and take a stand. Fiddling while Rome burns fairly describes the antics of party leaders in the European parliament last week. ...

World - The Guardian - November 16

Latest in As Threat of Trump Tariffs Looms, Europe’s Leaders Seek Greater Unity