Latest in FirstFT: Trump starts trade war with Canada, Mexico and China, threatens EU
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Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - Jan. 17 -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - Jan. 16 -
‘TARIFFS all the way!!!’: EU mulls carrots and sticks to counter Trump on trade
Bloc may ward off incoming president’s threats by buying more US goods, or impose its own tariffs in retaliation. If there is one thing the EU knows about Donald Trump, it is that he loves tariffs. ...The Guardian - Jan. 16 -
European carmakers call for ‘grand bargain’ with Trump to avoid trade war
Concern over US tariffs heaps pressure on industry struggling with electrification and competition from ChinaFinancial Times - Jan. 16 -
US targets China’s answer to OpenAI with trade blacklisting
Beijing-based Zhipu singled out among artificial intelligence start-ups for allegedly advancing Chinese military capabilitiesFinancial Times - Jan. 16 -
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...NBC News - Jan. 15 -
Trump's Canada and Greenland Threats Imperil China Fight, Says Departing Envoy
Nicholas Burns, the U.S. ambassador to China, also said he was leaving his post with deep concerns about the future of relations with China.The Wall Street Journal - Jan. 15 -
EU threatens to curb access for makers of Chinese medical devices
Report finds Beijing is discriminating against bloc’s manufacturers in same fieldFinancial Times - Jan. 14 -
Europe Accuses China of Unfairly Blocking EU Companies
The bloc alleges discrimination in the Chinese procurement market, raising the possibility of retaliation.The Wall Street Journal - Jan. 14 -
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.The New York Times - Jan. 14 -
Companies move to strengthen supply chains on Trump trade war fears
Conference Board survey highlights increasing concerns over impact of threatened tariffs on goods and servicesFinancial Times - Jan. 13 -
Newsom blasts Trump for 'threatening our first responders'
California Gov. Gavin Newsom (D) slammed President-elect Trump for politicizing the Los Angeles wildfires and said he is “threatening our first responders.” In an interview with NBC News’s “Meet ...The Hill - Jan. 12 -
California fires live: governor doubles national guard in LA as firefighters arrive from Mexico and Canada – as it happened
Palisades and Eaton fires start coming under control as fierce winds ease but forecasters predict another red flag warning for Monday. This blog is now closed.. Full report evacuation orders ...The Guardian - Jan. 12 -
Trump, Musk and Zuckerberg have declared war on facts and truth. The pushback must start now | Emily Bell
There is a narrow window. Public media and fair reporting must be supported: the rules must be upheld. In early 2017, Mark Zuckerberg was on what might be termed an “apology tour” of the United ...The Guardian - Jan. 11 -
Trudeau says he joked about a trade for Vermont or California when Trump raised annexing Canada
Canadian Prime Minister Justin Trudeau said he jokingly suggested a trade for Vermont or California in response to President-elect Donald Trump's signaling an interest in annexing Canada.NBC News - Jan. 9 -
Trudeau: Trump threatened to annex Canada to distract from tariffs impact
Canadian PM says ‘skilful negotiator’ Trump is trying to distract from rise in prices that would follow his proposed tariffs. The Canadian prime minister, Justin Trudeau , has described Donald ...The Guardian - Jan. 9 -
Joe Rogan: US should take over Mexico after Canada
Podcaster Joe Rogan floated the possibility of the United States annexing Mexico after taking control of Canada, an idea president-elect Trump has suggested his administration could pursue. “Do you ...The Hill - Jan. 9 -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - Jan. 9 -
Canada Suddenly Has No Leader, and No Plan, for a Trump Trade Fight
The united front that Canada presented in President-elect Donald Trump’s first term is fractured and distracted after Prime Minister Justin Trudeau’s resignation.The Wall Street Journal - Jan. 8 -
Will Trump really take Canada and Greenland?
He also said he wants to reclaim the Panama CanalBBC News - Jan. 8 -
EU leaders warn Trump not to meddle with Europe’s borders
Comments from German Chancellor Olaf Scholz and French foreign minister follow US president-elect’s Greenland threatsFinancial Times - Jan. 8 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
War or peace? Trump inherits turbulent US-China ties
The United States and China appear destined for a military conflict, with bellicose rhetoric on both sides, an escalating arms race and Beijing widely considered the most serious threat to the U.S. ...The Hill - Jan. 7 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Tech trends at CES 2025 favor growth, so long as trade war doesn’t start | CTA
The tech market in the U.S. is expected to grow a few percent in 2025 to $537 billion, so long as there isn't a trade war.VentureBeat - Jan. 6