Bracing for Trump's tariffs

Trump’s Treasury secretary choice: Scott Bessent, Larry Kudlow or Howard Lutnick might be picked

Support for tariffs looks like a key qualification for this crucial job in the next Trump administration.

Business - MarketWatch - November 15

The markets could have the final say on Trump’s tax cuts and tariffs

Financial markets could wind up as the final arbiter about whether he has gone too far.

Politics - The Hill - November 15

Why Trump's tariff proposals have some business owners worried

President-elect Donald Trump campaigned on implementing a blanket tariff of 10% to 20% on all imports, along with an additional 60% or more on goods from China.

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

Trump tariffs would hurt US defence sector, warns Beijing adviser

Chinese government-affiliated expert says America would bear brunt of trade measures promised by president-elect

World - Financial Times - 5 days ago

How Trump’s Plans for Mass Deportations, Tariffs and Fed Could Affect the Economy

Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.

Business - The New York Times - 5 days ago

Trump’s Tariff Plan Prompts European Fears on Growth Rates

Leaders at the European Central Bank worry that trade barriers will curb EU economic progress more than they will push up Euro zone inflation.

Business - Inc. - 5 days ago

Trump's proposed tariffs would raise prices for these products, experts say

“This will directly impact people’s pocketbooks,” one expert said.

Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets

The president-elect is considering a conflicting mix of qualities as he decides who will steer his economic agenda.

Business - The New York Times - 3 days ago

Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs

Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.

Business - MarketWatch - 3 days ago

How Trump’s Tax Cuts and Tariffs Could Turn Into Law

Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.

Business - The New York Times - 4 days ago

Economists expect Trump to place huge tariffs on Chinese imports: Survey

Economists are expecting President-elect Trump to place tariffs of about 40 percent on Chinese imports, according to a survey from Reuters. In the survey of economists, 45 percent said the “level ...

Politics - The Hill - 3 days ago

Why some influencers are talking tariffs ahead of Trump presidency

ABC News' Elizabeth Schulze spoke to Walmart about the potential rising cost of goods if new tariffs go into effect next year.

Trump's proposed tariffs could raise U.S. grocery prices, analysis finds

Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.

Citadel's Ken Griffin says Trump's tariffs could lead to crony capitalism

"I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism," the billionaire investor said.

Business - CNBC - 2 days ago

Trump's tariffs could raise the cost of generic drugs in the U.S.

The cost of generic drugs for many people could go up if President-elect Donald Trump follows through on his promise to impose sweeping tariffs on products from China and other foreign countries, ...

Italian cheesemakers stockpile in US over fear of Trump tariffs

Exporters of dairy and olive oil made in Italy face shipping and storage crunch in run-up to Christmas

World - Financial Times - Yesterday

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 - 20 hours ago

Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post

In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...

Election Day 2024 live updates: Trump declares victory, claims 'powerful mandate'

Vice President Harris and former President Trump are awaiting the results of the presidential election, with the race remaining deadlocked and many pundits considering it a jump ball.

Politics - The Hill - November 6

US diplomats brace as Trump plans foreign policy shake-up in wider purge of government

Analysts say it is hard to separate the president-elect’s bluster from his actual plans but it’s clear his priority is to bin many of Joe Biden’s policies. US election live: latest updates after ...

World - The Guardian - November 7

Trade, Taiwan and now Trump: China braces for a volatile new era in U.S. ties

Former President Donald Trump's election win over Kamala Harris could increase tensions with China over trade tariffs, Taiwan, technology and more.

The Guardian view on Ukraine after Trump’s victory: bracing for what lies ahead | Editorial

The former president’s closeness to Vladimir Putin and isolationism bode ill for Kyiv. Accelerating US support is essential. Even Volodymyr Zelenskyy’s extraordinary communication skills were ...