Latest in If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
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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 - 1d -
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian productsABC News - 2d -
Trump nominates Peter Navarro as senior economic adviser
China hawk who served in president-elect’s first term was imprisoned for contempt of Congress over 2021 Capitol attackFinancial Times - 21h -
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FirstFT: Critics see chance to close US accounting regulator
Also in this newsletter, Nato’s new chief warns of ‘dire threat’ of a bad Ukraine peace deal and China hits back against chip sanctionsFinancial Times - 2d -
China Takes Harder Trade Stance as Trump Prepares for Office
Faltering U.S. industrial leadership has allowed China to take a harder trade stance as President-elect Donald Trump prepares to take office.The New York Times - 22h -
Mark Cuban’s War on Drug Prices: ‘How Much Fucking Money Do I Need?’
“I’m not trying to land on Mars,” Cost Plus Drugs founder Mark Cuban joked at WIRED’s The Big Interview event.Wired - 1d -
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 - 2d -
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 - 2d -
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. - 22h -
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 - 2h -
Safran warns of Trump tariff hit to aerospace sector
French jet-engine maker sets ‘exceptionally conservative’ forecastsFinancial Times - 2h -
Batting Around: Which rental closer would you rather trade for, Ryan Helsley or Devin Williams?
Are you taking velocity or strikeouts? Does health matter? See what CBS Sports' MLB experts thinkCBS Sports - 1h -
Ukraine Opens Talks With Trump Team on Halting War With Russia
A top Zelensky aide has arrived in Washington in the midst of uncertainty over the president-elect’s intentions.The Wall Street Journal - 12h -
Can the world’s trade police survive Trump II?
Relevance of World Trade Organization under scrutiny amid US president-elect’s protectionist stance. The sting of teargas was a price worth paying, said Michael Dolan, as he looks back on the ...The Guardian - 2d -
Trump picks Peter Navarro as top trade advisor
President-elect Donald Trump announced that Peter Navarro will serve as "Senior Counselor for Trade and Manufacturing" in his next White House term.CNBC - 21h -
Trump’s economic plans may encounter a problem many Americans know all too well: Crushing debt
None of President-elect Donald Trump’s plans for boosting domestic production have “a chance” unless this happens, says one economist.MarketWatch - 1d -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - 1d -
Trump will take ‘nonstop’ action in first 100 days in office, top adviser says – live
Jason Miller says that Trump will take aggressive action on immigration and oil and gas drilling early into his second term. Notre Dame Cathedral will reopen in Paris on Saturday with incoming US ...The Guardian - 1d -
Trump says he would block US Steel acquisition by Nippon Steel
President-elect Trump vowed to block Japanese Nippon Steel Corp.'s acquisition of U.S. Steel. "I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this ...The Hill - 2d -
Jason Miller: Notion Biden would pardon Trump 'a complete media manipulation'
Trump-Vance transition team senior advisor Jason Miller dismissed the idea of President Biden pardoning President-elect Trump Monday night, calling the notion a "complete media manipulation." When ...The Hill - 2d -
How would Donald Trump carry out his mass deportation scheme?
Trump deported 1.5 million people in his first term; it’s now suggested he’ll remove 1 million a year in his second term. When Donald Trump takes office in January, his administration plans to ...The Guardian - 1d -
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. - 2d -
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 - 2d -
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 - 2d -
What to know about the Smoot-Hawley tariffs and their role in the Great Depression
The measure helped worsen the Great Depression, experts said.ABC News - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 23h -
Ukraine war briefing: Zelenskyy delegation meets with Trump team – report
Top Ukrainian presidential aide Andriy Yermak involved, sources tell Reuters; Sullivan calls on Trump to maintain defence production ramp-up. What we know on day 1,016 Continue reading...The Guardian - 15h -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - 2d