Latest in Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
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Trump tariffs a bigger concern than martial law crisis, says Korean central bank chief
Governor highlights US president-elect’s threats and intensifying competition from Chinese exportersFinancial Times - 5d -
7.0 earthquake hits off Northern California coast; tsunami warning canceled
A large, 7.0-magnitude earthquake struck off the coast of Humboldt County on Thursday morning.CBS News - 6d -
How Trump Targeted Undecided Voters Without Breaking the Bank
The Trump team had a huge financial disadvantage. It made up for it with a strategy that allowed it to narrow the focus of its ad dollars.The New York Times - 6d -
Trump tariff threat puts a strain on Canada-Mexico ties
Canadian officials have suggested striking their own trade agreements with the US - and Mexico has taken notice.BBC News - 6d -
Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.The Wall Street Journal - 6d -
Trump on Bitcoin hitting $100K: 'You're welcome!!!'
President-elect Trump took credit for Bitcoin crossing the $100,000 milestone late Wednesday evening, hours after he nominated another pro-crypto businessman to his incoming cabinet. ...The Hill - 6d -
Safran warns of Trump tariff hit to aerospace sector
French jet-engine maker sets ‘exceptionally conservative’ forecastsFinancial Times - 6d -
Trump’s tariff threats could open the door to China
The elephant in the room is China, the other nation Trump has vowed to hit with tariffs.The Hill - 6d -
FirstFT: Bitcoin hits $100,000 on back of Trump support
Also in this newsletter, French parliament removes prime minister and Trump discusses replacing defence secretary pickFinancial Times - 6d -
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contractionABC News - 6d -
Bitcoin hits $100,000 as Trump era hopes grow
Cryptocurrency has climbed more than 50% since US election on bets president-elect will bring in pro-crypto regulationFinancial Times - Dec. 5 -
Small Business Owners Brace for Trump’s Proposed Tariffs
While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.Inc. - Dec. 4 -
Mexico says Canada wishes it had its ‘cultural riches’ amid tariffs feud
Leaders cast the other as ill-prepared after Trump threatens to apply 25% taxes on goods from both countries. Mexico’s president has said Canadians “could only wish they had the cultural riches” of ...The Guardian - Dec. 4 -
Mexico makes largest fentanyl bust as Trump’s tariff threat looms
Drugs seizure comes after US president-elect says he will impose levies if flow of narcotics is not haltedFinancial Times - Dec. 4 -
Heavy rain and gales set to hit UK as weather warnings issued
Three Met Office yellow warnings for wind and rain cover large parts of the UK with areas of low pressure set to bring heavy rain and gales.BBC News - Dec. 4 -
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...The Guardian - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Canada's Trudeau Says He Addressed Trade Irritants With Trump
In his first public comments about his dinner last week with President-elect Donald Trump, Canadian Prime Minister Justin Trudeau said he addressed trade issues related to steel, aluminum, energy ...The Wall Street Journal - Dec. 3 -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - Dec. 3 -
What we know about Trump's plans on foreign policy, tariffs
Tariffs for countries sending goods to the U.S. still appear to be part of President-elect Donald Trump's plans for his second term in the White House. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
How Trump's proposed tariffs could impact your wallet
Proposed tariffs on imported goods could raise prices on items like clothing, toys and household appliances. CBS News MoneyWatch correspondent Kelly O'Grady explains the potential impact on ...CBS News - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
United Airlines CEO talks flight junk fees, Trump's potential tariffs
United Airlines CEO Scott Kirby speaks to "CBS Mornings" about the potential impact of new trade tariffs on fares as U.S. airports saw a record number of flyers at the end of Thanksgiving weekend, ...CBS News - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Dollar climbs after Trump’s Brics tariff threat and French political woes
Currency on course for biggest daily rise since November 5 US presidential electionFinancial Times - Dec. 2 -
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.CBS News - Dec. 2 -
Ontario’s ad campaign seeks to counter Trump tariffs threat
Canadian province is US’s third-biggest trade partner and its automotive industry is intertwined with that of its southern neighbourFinancial Times - Dec. 2 -
Trump's tariff threats create division between Canada and Mexico over security at borders
Threats by President-elect Donald Trump to impose U.S. tariffs on its immediate neighbors appear to have created a split between Canada and Mexico, after Canadian officials said problems with the ...ABC News - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
How the EU should deal with Trump’s tariff threat
Brussels must try to ensure its response to the US does not trample on trade rulesFinancial Times - Dec. 2