Latest in Trump's threat of tariffs reaches global leaders in Davos
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Economic loss from California wildfires could reach $52B-57B: Report
Total damage from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis. The estimate, issued ...The Hill - Jan. 8 -
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 -
Trump’s Threat to Take Over Greenland Bewilders the Island’s Population
After Donald Trump suggested he might take over Greenland by force, the consensus among the island’s population appears to be bewilderment and anxiety.The New York Times - Jan. 8 -
Germany warns Trump after Greenland takeover threat
German Chancellor Olaf Scholz sent a warning to President-elect Trump over border rules as the incoming president continues his threat of taking over Greenland. Scholz said Wednesday that he spoke ...The Hill - Jan. 8 -
Port Workers Could Strike Again if No Deal Is Reached on Automation
Cargo could stop flowing at East and Gulf Coast ports, which handle most imports, if a union and an employers’ group can’t agree on the use of machines that can operate without humans.The New York Times - Jan. 8 -
Canadian leaders say Trump's talk about Canada becoming the 51st state isn't funny anymore
Canada's finance minister says U.S. President-elect Donald Trump’s comments that Canada should become the 51st state are no longer a joke and are meant to undermine America’s closest ally and major ...ABC News - Jan. 8 -
The Musk threat to European democracy
Free speech push, now backed by Meta’s Zuckerberg, risks spread of disinformationFinancial Times - Jan. 8 -
ByteDance’s Lemon8 Gains Traction Amid TikTok Ban Threat
Creators push the app as the better-known short video platform’s days appear numbered.Inc. - Jan. 8 -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - Jan. 8 -
Europe pushes back against Trump over Greenland military threat
European leaders expressed their confusion and pushed back Wednesday against President-elect Donald Trump's refusal to rule out using military force to take over Greenland.NBC 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 -
Germany and France warn Trump over threat to take over Greenland
The EU's two leading members were reacting to the US president-elect's plans to acquire Denmark's autonomous territory.BBC News - Jan. 8 -
Germany leader: All countries must respect existing borders, in rebuttal of Trump
German Chancellor Olaf Scholz says the principle of inviolability of borders applies to every country, however powerfulABC News - Jan. 8 -
Forget 2 per cent — there is a better way to measure global security contributions
Hammering countries about Nato’s target has not made the world a safer placeFinancial Times - Jan. 8 -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - Jan. 8 -
Trump considers declaring national economic emergency to impose tariffs
Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada. Donald Trump is mulling over the idea to declare a national economic emergency to ...The Guardian - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8