Latest in Trump considers declaring national economic emergency to impose tariffs
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Trump transition team considering D.C.-area immigration raid showcase
The incoming Trump administration is considering conducting a high-profile raid targeting undocumented immigrants in its initial days, according to three people familiar with the discussions. NBC ...NBC News - 3h -
Iran holds military drills as it faces rising economic pressures and Trump's return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle EastABC News - 3h -
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 - 1d -
Musk emerges as Trump foreign policy wild card
Elon Musk has increasingly waded into foreign politics from the perch of his social platform X — a development that experts say likely raises questions for U.S. allies about his role in foreign ...The Hill - 7h -
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 - 7h -
Trump has limited powers to fight an economic cold war
The new president is not the man to shore up the US ‘economic security state’Financial Times - 13h -
State of emergency declared due to devastating California wildfires
Los Angeles remains in a state of emergency due to the deadly wildfires spreading across the county. CBS News correspondent Elisa Preston reports on the ground in Malibu.CBS News - 16h -
Alito confirms call with Trump, says emergency order not discussed
Supreme Court Justice Samuel Alito on Wednesday confirmed a call with President-elect Trump, and he said they did not discuss an emergency application from Trump to block his upcoming sentencing in ...The Hill - 17h -
Biden Says He’s Considering Pre-emptive Pardons For Trump’s Potential Targets
The president hasn’t yet decided what he will do, he said, acknowledging that the makeup of Trump’s new administration could influence his decision.The New York Times - 23h -
Trump Raises Using Military or Economic Force to Take Greenland and the Panama Canal
In an hourlong news conference at his Florida club, Mar-a-Lago, the president-elect delivered a hodgepodge of grievances, complaints and false claims.The New York Times - 1d -
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 - 1d -
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 - 1d -
FirstFT: California declares state of emergency as wildfires rage
Also in today’s newsletter, Facebook ends third-party fact-checking, and analysts turn on Citi’s chief executiveFinancial Times - 1d -
Gov. Gavin Newsom declares state of emergency as destructive Southern California fires rage
Governor Gavin Newsom has declared a state of emergency for the Pacific Palisades after a massive wildfire erupted on Tuesday, quickly growing to engulf more than 2,900 acres and forcing tens of ...CBS News - 1d -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - 1d -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - 1d -
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. - 1d -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - 2d -
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 - 2d -
Trump says he'll replace National Archives leader
President-elect Trump said on Monday that he’ll replace the National Archives and Records Administration (NARA) leader. “We will [have a] new archivist,” Trump told conservative radio host Hugh ...The Hill - 2d -
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 - 2d -
Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - 3d -
Schumer: 'Utterly outrageous' Trump is considering pardons for Jan. 6 rioters
Sen. Chuck Schumer, D-N.Y., spoke on the Senate floor before Congress meets to certify President-elect Trump's election victory. Schumer reflected on the Capitol riot on January 6, 2021, and called ...NBC News - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - 4d -
Crimea officials declare emergency as oil spill reaches Sevastopol
Fuel oil spilled out of two storm-hit tankers three weeks ago in Kerch Strait.ABC News - 5d -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - 5d -
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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. - 6d -
MLB rumors: Angels considering Pete Alonso pursuit, two favorites emerge for Alex Bregman
Here's the latest from baseball's hot stoveCBS Sports - 6d -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - 6d -
Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.The New York Times - Jan. 2 -
Trump tariffs threaten pharmaceuticals
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump tariffs could upend pharma supply chain The hefty tariffs President-elect ...The Hill - Dec. 31