Latest in Trump’s trade coercion will harm the US and its allies
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US Congress certifies Trump’s victory in shadow of 2021 Capitol attack
Also in today’s newsletter, Trump bestie Dana White joins Meta’s board and private equity welcomes the new administrationFinancial Times - Jan. 7 -
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.MarketWatch - Jan. 7 -
Musk’s war on America’s allies
The question of whether he is speaking for Trump is urgent for EuropeFinancial Times - 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 -
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Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - Jan. 7 -
California sheriff is Trump's blue-state ally
Riverside County, California, Sheriff Chad Bianco says he feels "very good" about President-elect Trump winning the election and calls Democrats' agenda "pro criminal." In the past, Bianco was a ...NBC News - Jan. 7 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
Martial arts head and Trump ally Dana White joins Meta board
Mark Zuckerberg’s move comes as Silicon Valley seeks to build bridges with the incoming presidentFinancial Times - Jan. 6 -
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US Congress certifies Trump’s 2024 electoral win
Certification comes four years after Republican’s supporters staged violent attack on CapitolFinancial Times - Jan. 6 -
Trump pitches 'merged' US, Canada after Trudeau resignation announcement
President-elect Trump pitched the idea of a “merged” United States and Canada after Canadian Prime Minister Justin Trudeau announced his resignation, noting there would be no tariffs if the two ...The Hill - Jan. 6 -
Trump’s tariff policy claims its first victim with Trudeau resignation
President-elect Donald Trump’s tariff policy has claimed its first victim before the president even returned to office.MarketWatch - Jan. 6 -
Italy’s right-wing leader Meloni positions herself as Trump's ally in Europe
During the meeting at Mar-a-Lago, Trump described Italian Prime Minister Giorgia Meloni as a "fantastic woman… she's really taken Europe by storm."CNBC - Jan. 6 -
Macron declares Trump has 'solid ally' in France, urges realism from Ukraine
French President Emmanuel Macron extended an olive branch to U.S. President-elect Donald Trump on Monday, declaring that France is “a solid ally” as he outlined his vision for global diplomacy in 2025ABC News - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
Beijing-based cyber group protests US sanctions for its alleged role in hacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructureABC News - Jan. 6 -
Ambulance handover delays in England may harm 1,000 patients a day
Exclusive: 414,137 people believed to have experienced some level of harm in last year, Guardian analysis finds. More than 1,000 patients a day in England are suffering “potential harm” because of ...The Guardian - Jan. 5 -
Trump is pondering a shake-up of NASA and its programs
A five-person committee within the Trump transition team is mulling over policy suggestions that represent major changes to the way the space agency operates.The Hill - Jan. 5 -
Carter’s Panama Canal pragmatism saved global trade. Trump’s greed could upend it.
The Panama Canal treaties were approved by a bipartisan coalition of senators who accepted a counterintuitive reality: Giving up the canal was the best way to retain its use.The Hill - Jan. 4 -
Honduras threatens to expel US military over Trump deportation threat
Honduran President Xiomara Castro issued President-elect Trump a stark warning earlier this week over his vow to pursue mass deportations when he returns to the White House, threatening to bar U.S. ...The Hill - Jan. 4 -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - Jan. 4 -
‘That is Maganomics’: where Trump is taking America on trade
Maverick economist turned presidential adviser Peter Navarro has helped bring back a world in which power takes precedence over economic exchange. Will he prove his critics wrong?Financial Times - Jan. 4 -
What one picture tells us about Trump's power in Congress
Friday's vote underscores the challenges for Trump in keeping House Republicans united to legislate his agenda.BBC News - Jan. 4 -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - Jan. 3 -
Trump ally Mike Johnson re-elected US House Speaker
Republican secures votes after backroom deal quells brief party rebellionFinancial Times - Jan. 3 -
A Book App Used AI to ‘Roast’ Its Users. It Went Anti-Woke Instead
One year-end summary from Fable, a social app where people share what books they read, told the user, “Don’t forget to surface for the occasional white author, OK?”Wired - Jan. 3 -
Economists Fear Trump’s Tariff Policies Will Harm U.S. Growth
A new survey finds a majority of economists fear protectionist plans by the President-elect will spark inflation and eventually undermine U.S. economic expansion.Inc. - Jan. 3 -
From Carter’s diplomacy to Trump’s unilateralism: A reckoning for US power in the Americas
Donald Trump's second term as president is marked by a shift from multilateralism to unilateralism, with a focus on reasserting control over strategic infrastructure and using punitive measures to ...The Hill - Jan. 3 -
Nick Clegg leaves Meta ahead of Trump's return as US president
He will be replaced by Republican Joel Kaplan, a former White House deputy chief of staff under President Bush.BBC News - Jan. 3 -
January 6 was part of an attempted coup d’etat in America. Don’t let Trump and his allies tell you otherwise | Arwa Mahdawi
Four years on, it’s the most astounding case of collective amnesia. That so many seem willing to normalise that anti-democratic outrage is frightening. The sun shone brightly on 6 January 2021. The ...The Guardian - Jan. 3 -
Trump and GOP allies falsely blame New Orleans attack on immigration failures
President-elect Donald Trump and his allies in Congress have blamed the deadly New Orleans truck attack on President Joe Biden's border policies even though the attacker was a U.S. citizen.NBC News - Jan. 2 -
Trump uses New Orleans attack to push security and border agenda
President-elect blames US military veteran’s alleged terror act on Biden’s immigration policyFinancial Times - Jan. 2 -
Merz pushes for EU free trade deal with Trump’s US
German conservative leader predicted to be next chancellor rejects retaliatory tariffsFinancial Times - Jan. 2 -
US Capitol attack fugitive seeks asylum in Canada and hopes for Trump pardon
Antony Vo, 32, convicted over January 6 riot, was supposed to begin nine-month prison term but instead fled to Canada. An American man who absconded after being sentenced to prison for his role in ...The Guardian - Jan. 1