Latest in Trump Says He Plans to Impose 10% Tariffs on Chinese Imports on Feb. 1
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Thunder 'impose will' on Cavs in 1-sided rematch
The Thunder put Thursday night's showdown with the Cavs out of reach by halftime and led by as many as 42 points in a 134-114 home win Thursday night.ESPN - 5d -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - 5d -
Canada warns of ‘tit-for-tat’ tariffs on US if Trump imposes levies
Ottawa’s energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military powerFinancial Times - 6d -
Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - 6d -
Trump says he'll create "External Revenue Service" to collect tariffs
The federal government already collects tariffs, and deposits them in the General Fund of the United States.CBS News - Jan. 14 -
Gov. Newsom says he’s organizing a Marshall Plan to reimagine ‘L.A. 2.0’ after wildfires
In an exclusive interview with Meet the Press, California Gov. Gavin Newsom (D) discusses his Marshall Plan to rebuild Los Angeles after wildfires as the city prepares to host the World Cup, Super ...NBC News - Jan. 12 -
Stavridis says Trump’s plan for Greenland ‘not a crazy idea’
James Stavridis, former NATO supreme allied commander, said he doesn’t think President-elect Trump’s comments about Greenland are “crazy." “It’s not a crazy idea.… We could do an awful lot in terms ...The Hill - Jan. 12 -
Trump’s Day 1: Incoming president looks set to act on tariffs, crypto, energy and immigration
On his first day back in office, President-elect Donald Trump is planning to go big on executive orders and other actions, including ones that aim to rollback some of his predecessor’s policies. ...MarketWatch - Jan. 11 -
1/10: CBS Evening News
Crews make slow progress battling Southern California wildfires; How a beloved geology professor's bond with a former student transcends illnessCBS News - Jan. 11 -
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...The Guardian - Jan. 10 -
Trump says he's working on arranging a meeting with Putin
President-elect Trump said Thursday he's working to set up a meeting with Russian President Vladimir Putin. "He wants to meet. And we’re setting it up," Trump told Fox News's Peter Doocy at ...The Hill - Jan. 10 -
LA firestorm stresses importance of having personal disaster plan: Officials
Los Angeles fire officials said the disaster -- caused by multiple wind-whipped fires breaking out simultaneously -- signals that fire season is now a year-round event.ABC News - Jan. 9 -
Fetterman says he plans to meet with Trump
Sen. John Fetterman (D-Pa.) said he plans to meet with President-elect Trump at his resort in Florida; he will likely be the first Democratic lawmaker in the upper chamber to meet with the incoming ...The Hill - Jan. 9 -
Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...MarketWatch - Jan. 9 -
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 -
Biden says he could've beaten Trump in November
President Biden said early Wednesday that he thinks he would have beaten President-elect Trump if he stuck with his reelection bid in an interview with USA Today. “It’s presumptuous to say that, ...The Hill - Jan. 8 -
Why investors should watch the dollar as markets make sense of Trump’s tariff plans
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald Trump’s tariff plans landed in traders’ newsfeeds, and suddenly all bets ...MarketWatch - Jan. 8 -
How ‘Tariff Man’ Trump Might Start Slowly When He Imposes Import Duties
Trump aides are reportedly discussing a plan to restrict pledged duties on all imports to an initial list of products considered critical to national security, reducing the risk of resurgent ...Inc. - Jan. 7 -
Trump says he plans to change Gulf of Mexico's name to "Gulf of America"
President-elect Donald Trump said Tuesday that he is planning on changing the Gulf of Mexico's name to the "Gulf of America."CBS News - Jan. 7 -
He plans to be sworn in as Venezuela’s president, and he hopes both Biden and Trump will help him
Edmundo González Urrutia is trying to bolster international support before Venezuelan strongman Nicolás Maduro is sworn in Friday.Politico - 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 -
Trump will need to ‘establish a relationship’ with next Canadian PM as he threatens new tariffs
Canadian Prime Minister Justin Trudeau announces plans to step down after growing calls for his resignation. New York Times Canada Bureau Chief Matina Stevis-Gridneff and NBC News Correspondent ...NBC News - Jan. 6 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
Donald Trump denies he will pare back aggressive tariffs plan
Washington Post report said aides were aiming to target only critical imports but president-elect calls it ‘fake news’. President-elect Donald Trump on Monday denied a newspaper report that said ...The Guardian - Jan. 6 -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - Jan. 6 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - 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 -
Johnson says he expects to pass most of Trump's agenda with 1 'big, beautiful bill' by Memorial Day
Speaker Mike Johnson (R-La.) said Sunday he expects to pass President-elect Trump’s agenda through one big reconciliation package before Memorial Day. In an interview on Fox News’s “Sunday Morning ...The Hill - Jan. 5 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
Judge orders Trump to be sentenced in hush money case on Jan. 10, but says he won't be incarcerated
The judge presiding over the hush money case against President-elect Donald Trump on Friday denied his bid to dismiss the case and said he'll sentence him on Jan.NBC News - Jan. 4 -
Trump Says He Plans to Attend Carter’s Funeral
In wide-ranging remarks at a New Year’s Eve party at Mar-a-Lago, the president-elect also predicted that Mike Johnson would secure enough votes to be re-elected as House speaker.The New York Times - Jan. 1