Latest in Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
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Trump ‘most likely’ needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests
There's a debate as to whether President-elect Donald Trump can enact a sweeping tariff plan with or without congressional approval.Business - CNBC - November 10 -
Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety
One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.Business - MarketWatch - November 12 -
Will Trump’s tariffs cause price hikes in electronics? Here’s how his plans could lead to trouble in the semiconductor industry
The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.Business - MarketWatch - November 16 -
Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says
Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investorsBusiness - Financial Times - 2 days ago -
Vivek Ramaswamy Returns to Push His Plans to Slash the Government
The wealthy entrepreneur, tapped by Donald Trump to co-lead an outside effort focused on “efficiency,” campaigned on an assertion that the president has the power to fire 75 percent of the federal ...Top stories - The New York Times - November 15 -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - November 7 -
Bracing for Trump's tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Businesses brace for new Trump tariffs Companies are preparing for a spate of new ...Politics - The Hill - October 30 -
Trump threatens Mexico with tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump threatens tariffs on Mexico over border crossings Former President Trump on ...Politics - The Hill - November 4 -
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - November 8 -
Spain Opens Its Doors to China as a European Trade War Looms
Spain is forging a path as a “connector” country, drawing Chinese investment as it abstained from taking a position on European tariffs on electric cars.Business - The New York Times - October 30 -
Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the ...Business - MarketWatch - November 15 -
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Sources: Dak planning on season-ending surgery
Cowboys quarterback Dak Prescott is planning to undergo season-ending surgery on his partially torn hamstring, pending the opinion of one final specialist, sources told ESPN.Sports - ESPN - November 9 -
Sources: Seattle eyed Deebo-Metcalf draft plan
The Seahawks intended to draft both Deebo Samuel and DK Metcalf in the second round of the 2019 draft and thought they had a deal in place to do it, sources told ESPN.Sports - ESPN - 6 days ago -
Trump eyes Burgum as new ‘energy tsar’ to slash regulations
Role would have sweeping power over environmental agencies and rules in an attempt to boost fossil fuelsBusiness - Financial Times - November 8 -
How Quickly Can Trump’s Musk-Led DOGE Panel Slash Regulations?
Musk and Ramaswamy have a broad general mandate from the president-elect, but their planned massive cuts may be hard to implement.Business - Inc. - Yesterday -
Trump's climate policy looms over COP29
A major climate summit kicked off in Azerbaijan on Monday amid uncertainty over U.S. commitments to combatting global warming. President-elect Donald Trump has said he will exit the Paris Climate ...Top stories - CBS News - November 11 -
As Xi and Biden Meet, Trump and Uncertainty Loom Large
The two leaders will meet in Peru, where China has steadily expanded its influence in a challenge to the United States in its own region.World - The New York Times - November 16 -
Trump's reelection looming large over G20 summit
President Biden is in Brazil for the final G20 summit of his presidency. While much of the summit is focused on fighting hunger and addressing global conflicts, Donald Trump's second presidency is ...Top stories - CBS News - 5 days ago -
What Will Trump’s Tariffs Mean for Businesses?
Companies are already scrambling to avoid potential tariffs. Here’s how they could play out in Donald Trump’s second term.Business - Inc. - November 7 -
From cars to planes: global manufacturers brace for Trump’s tariffs
Executives across multiple industries expect supply chain upheavalBusiness - Financial Times - November 8 -
How Elon Musk’s plan to slash government agencies and regulation may benefit his empire
Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.Business - CNBC - Yesterday -
Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.Business - The New York Times - October 31 -
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India overtakes China as top source of international students at US colleges
India has overtaken China as the top source of international students for U.S. colleges, according to a report from Open Doors. For the 2023-2024 school year, India saw a massive 23 percent ...Politics - The Hill - 5 days ago -
China Isn't Planning a 'Bazooka' Stimulus---at Least Not This Year
Hopes that China is awaiting the results of the U.S. election to unveil a huge stimulus package are unikely to be fulfilled, though a smaller package is expected soon.World - The Wall Street Journal - November 4 -
Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom
Canada’s point person for UWorld - ABC News - 4 days ago -
Businesses brace for Trump tariffs on Chinese goods
Businesses are preparing for the spate of new tariffs on Chinese goods promised by former President Trump on the campaign trail, making advanced purchases of imported goods and buying up extra ...Politics - The Hill - October 30 -
Trump’s tariff obsession is worse than before
Trying to close current account deficits with trade tools could cause serious damageWorld - Financial Times - November 7