Latest in Fentanyl Rises Again, This Time as Trump’s Diplomatic Weapon Against China
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Fentanyl Rises Again, This Time as Trump’s Diplomatic Weapon Against China
The president-elect’s pledge to use tariffs to stem the flow of opioids from China could backfire if Beijing responds by ending counternarcotics cooperation.World - The New York Times - Yesterday -
Can Trump's Hardball Tactics on China Ease America's Fentanyl Crisis?
The president-elect says he will punish China if it doesn’t choke off the flow of ingredients, but Beijing could balk if relations between the countries sour.World - The Wall Street Journal - November 19 -
China and Canada respond to Trump’s tariff threats and border comments – live
China’s embassy in Washington has responded to Trump’s announcement, saying that no one will win a trade war or tariff war’. Prosecutors drop federal cases against Trump Corey Lewandowski , ...World - The Guardian - Yesterday -
Trump's Fentanyl Pledge Threatens to Sour Bright Spot in China Relations
The president-elect’s threat to impose 10% in additional tariffs on imports from China for its role in the fentanyl crisis is a time bomb designed to push Beijing’s leaders to take stronger action.World - The Wall Street Journal - 4 hours ago -
U.S. economy’s secret weapon, productivity, rises sharply again
One of the biggest drivers of a strong U.S. economy, worker productivity, showed another healthy gain in the summer and early fall, in a good omen for the current expansion.Business - MarketWatch - November 7 -
Is the China-US fentanyl pipeline really responsible for the US opioid crisis?
Donald Trump’s additional 10% tax on Chinese imports said to be response to China’s failure to curb its flow into US. Trump’s tariff threat sets stage for bitter global trade war Donald Trump ...World - The Guardian - 22 hours ago -
China Courts U.S. Allies as Defense Against Trump's Protectionism
Fearing a U.S. tariff barrage, Beijing hopes to use “proactive” tariff cuts and investment offers to peel away American partners in Europe and Asia.World - The Wall Street Journal - November 10 -
Microsoft urges Trump to ‘push harder’ against Russia and China hacks
Big Tech group’s president calls on new US administration to take tougher approach on state-sponsored cyber attacksWorld - Financial Times - 5 days ago -
FirstFT: Trump pledges new tariffs against China, Canada and Mexico
Also in today’s newsletter, Citi slashes promotions and Telegram’s finances propped up by cryptoWorld - Financial Times - Yesterday -
Mexico, China, Canada warn Trump against tariff tit-for-tat
The governments of China and Mexico warned of retaliatory trade actions and Canada urged restraint Tuesday after President-elect Trump on Monday threatened steep tariffs to pressure those countries ...Politics - The Hill - 23 hours ago -
Unemployment rises as pay growth slows again
The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.Top stories - BBC News - November 12 -
High energy prices predicted to be 'the new normal'
The energy price cap is predicted to edge up by 1% from January, according to analysis by Cornwall Insight.Top stories - BBC News - November 18 -
America’s secret weapon against inflation: The 30-year home mortgage
Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.Business - MarketWatch - November 2 -
What are ATACMS, the US-made weapons Ukraine used against Russia?
Ukraine launched U.S.-made long-range missiles into Russia on Tuesday, according to Russian officials, firing the Army Tactical Missile System (ATACMS) for the first time into the Russian territory ...Politics - The Hill - November 19 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - November 5 -
EU top diplomat nominee strongly backs Ukraine and underlines China's links to the war
The nominee for the European Union's next top diplomat says the bloc must commit to Ukraine for the long-haul even as the war's costs mountWorld - ABC News - November 12 -
Texas Democrat says Trump's tariffs 'will definitely get Mexico to the table' to solve immigration, fentanyl problems
Rep. Henry Cuellar (D-Texas) said Tuesday that President-elect Trump’s tariffs “will definitely get Mexico to the table” to solve immigration and fentanyl problems. “If it means a 25 percent tariff ...Politics - The Hill - 14 hours ago -
Taiwan braces for US election as China tensions rise
TAIPEI -- Taiwan is bracing for the results of the U.S. election, with some officials worried about what a new Trump administration could mean given the former president’s isolationist views. On ...Politics - The Hill - November 2 -
Diplomatic links: A key U.S. ally plans to woo Trump with golf
As President-elect Donald Trump prepares to enter the White House, the president of South Korea and other world leaders are planning to use golf to woo him.Top stories - NBC News - November 11 -
Global carbon deal agreed even as US warns climate may be on ‘back burner’
Biden diplomat at COP29 says Trump’s election is ‘bitterly disappointing’ for those worried about global warmingBusiness - Financial Times - November 11 -
Biden’s Swan Song: A Diplomatic Trip Overshadowed by Trump’s Victory
President Biden will attend global summits in Peru and Brazil as world leaders prepare for the return of Donald Trump’s isolationist foreign policy.Top stories - The New York Times - November 14 -
Will the Fed ‘weaponize’ the bond market to ‘teach Trump a lesson’?
One economist argues Federal Reserve Chair Jerome Powell would win in a showdown with incoming President Donald Trump.Business - MarketWatch - Yesterday -
How Trump Won, Again
He made gains in every corner of the country and with nearly every demographic group.Top stories - The New York Times - November 6 -
Supporting Ukraine against Russia is not a distraction from China
Since China and Russia are so closely aligned, thwarting Russian ambitions in Ukraine and elsewhere is a crucial element of the U.S. effort to contain China.Politics - The Hill - November 20 -
Why you should open a CD now that inflation is rising again
With inflation on the rise again, savers may have a small window of opportunity to lock in a high CD rate again.Top stories - CBS News - November 13 -
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may go on a while.Business - MarketWatch - November 14 -
Should you open a home equity loan with inflation rising again?
Inflation grew again in October, leading some to wonder about the merits of borrowing from their home equity now.Top stories - CBS News - November 14 -
Does a HELOC make sense with inflation rising again? What experts say
With inflation rising and HELOC interest rates variable, homeowners may be wondering about the value of acting now.Top stories - CBS News - Yesterday -
Inflation rises, Trump looms
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation ticks up Consumer prices rose 0.2 percent in October and 2.6 percent over ...Politics - The Hill - November 14 -
Zelenskyy fears Ukraine is ‘testing ground’ for Russian weapons amid rise in Shahed strikes
Kremlin has fired 500 drones over the border in the past week and set up two factories to make ‘hundreds a week’. Ukraine’s president said the country had been targeted by nearly 500 drones in the ...World - The Guardian - 3 days ago -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - November 8 -
China Stabbing Kills at Least 8 People
The stabbing, in the eastern city of Wuxi, took place days after a man drove a vehicle into a crowd in southern China, killing dozens.World - The New York Times - November 17 -
'We shouldn't need to face racist attacks in 2024'
The organisation Love Music Hate Racism is set to relaunch across the country including Coventry.Top stories - BBC News - November 9 -
Putin Lowers Nuclear Weapons Threshold After U.S. Allows Ukraine to Use Missiles Against Russia
A decree signed by the Russian leader, though long planned, came days after President Biden authorized the use of U.S.-supplied missiles by Ukraine for strikes inside Russia.World - The New York Times - November 19 -
To China, Trump is ‘poison’
To the dismay of Chinese leaders who already had to deal with Trump for four years, they have not gotten the preferred outcome and are not looking forward to another term.Politics - The Hill - November 13 -
China’s economy braces for Trump
Will Beijing’s latest plans to fix the country’s economy be enough to keep up with President Xi Jinping’s long-term plans for growth?World - Financial Times - November 20 -
Bitcoin, dollar and Tesla jump as investors pile into ‘Trump trades’
Markets expect US president-elect to take light-touch approach to regulationBusiness - Financial Times - November 11 -
A Conservative Case Against Trump
In a choice between misfortunes, one is clearly worse.Top stories - The New York Times - October 29