Latest in Trump hits Canada, Mexico and China with steep new tariffs
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Justin Trudeau Resigns as Canada’s Prime Minister
One of the country’s longest-serving leaders gave in to pressure from his own party and will step down when a replacement is named. Canada faces crippling tariffs if Trump proceeds with his ...Inc. - 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 -
Trump critic named new Washington archbishop
Cardinal Robert W. McElroy, a critic of President-elect Trump, was named the new archbishop of Washington on Monday. Pope Francis named McElroy, who is the bishop of San Diego, to replace Cardinal ...The Hill - Jan. 6 -
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China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - 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 -
Canada’s Trudeau resigns ahead of 2025 elections
Canadian Prime Minister Justin Trudeau resigned Monday, ahead of general elections later this year in which the ruling Liberal Party is polling badly and amid tensions with President-elect Trump, ...The Hill - Jan. 6 -
China’s new super-dam carries both geopolitical and environmental risks
China is now the world’s most dammed country, with more large dams in operation than the rest of the world combined.The Hill - Jan. 6 -
Biden bans new drilling in US coastal waters weeks before Trump handover
Ban includes entire Atlantic coast, eastern Gulf of Mexico, Pacific coast off California, Oregon and Washington, and part of Bering Sea. Joe Biden has banned offshore drilling across an immense ...The Guardian - Jan. 6 -
Trump asks for another delay of sentencing for New York "hush money" criminal conviction
The sentencing for Trump's felony conviction was originally scheduled for July 11, and is currently set for Friday.CBS News - 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 -
Biden blocks some new offshore drilling ahead of Trump takeover
President Biden has blocked new offshore drilling for oil and gas in several parts of the country about two weeks before President-elect Trump takes office. Biden has announced that he’ll block ...The Hill - Jan. 6 -
North Korea's New Missile Test Signals Little Appetite for Détente With Trump
The Kim Jong Un regime opted to show defiance rather than restraint in its first weapons launch since the U.S. election.The Wall Street Journal - Jan. 6 -
Israel's Red Sea Conundrum: Hit the Houthis or Iran
The Yemen-based rebels pose a lingering threat, and some security analysts argue that their patrons in Tehran should be in Israel’s crosshairs.The Wall Street Journal - Jan. 6
