Latest in Brace Trump Tariffs
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U.S. Farmers Brace for Hit to China Exports Under Trump
The President-elect’s promised tariffs on Chinese imports will be met with retaliatory duties on American imports, which have hit the agricultural sector hard since 2018.Business - Inc. - November 7 -
Trade, tech, defence: UK braces for policy flashpoints with Trump’s US
Key differences are set to test the transatlantic relationshipWorld - Financial Times - November 7 -
Europe Urges Trump to Support Ukraine but Braces for Possible Cut in U.S. Aid
European leaders have discussed how to help Ukraine fend off Russia without Washington’s support, even as they try to convince the president-elect not to cut aid to Kyiv.World - The Wall Street Journal - November 8 -
Why Wall Street may hold the ultimate veto power over Trump budget plans
Wall Street investors are bracing for a battle over Trump policies and plans that risk ballooning the U.S. debt load.Business - MarketWatch - November 8 -
Canada braced for migrants as Trump reiterates mass deportation vow
Police say plans in place to deal with rise in border crossings as US president-elect pledges to remove 11m people. Trump says deportation plan has ‘no price tag’ Canada is bracing for a surge ...World - The Guardian - November 8 -
Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.Business - The New York Times - November 12 -
Federal workers brace for Trump with morale ‘as low as it’s ever been’
President-elect has expressed desire for mass firings of civil service workers to be replaced with political appointees. Donald Trump’s return to office sets the stage for harassment, intimidation ...World - The Guardian - 6 days ago -
In Brazil, Xi Jinping Cultivates a Friend as He Braces for Trump
Working with a “like-minded” Lula, China aims to check America’s global dominance and keep trade going.World - The Wall Street Journal - 3 days ago -
US universities brace for ‘perfect storm’ of pressures under Trump
Concern rises over new taxes and funding cuts under a president who sees colleges as overrun by MarxistsWorld - Financial Times - 1 hour ago -
Trump tariffs: Why stock-market investors are underrating impact
Donald Trump’s most unconventional policy proposal is also one he’s been most consistent in promoting: universal tariffs.Business - MarketWatch - October 26 -
Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview
Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.Business - CNBC - October 26 -
Tariffs hurt his business. He's voting for Trump anyway
Donald Trump's call for sweeping tariffs is resonating, as protectionism gains steam in the US.Top stories - BBC News - October 28 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.Business - The New York Times - October 29 -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - October 31 -
Global ETFs slide as investors see Trump tariff policies hurting trade
Exchange-traded funds tracking international stocks broadly struggled as investors reacted to Donald Trump's victory.Business - CNBC - November 6 -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - November 6 -
Markets look past Trump tariffs, but they could be ‘life or death’ for some companies
Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.Business - MarketWatch - November 6 -
Trump's proposed tariffs could raise prices for consumers and slow spending
President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.Business - CNBC - November 6 -
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.Business - CNBC - November 7 -
FirstFT: Trump’s first appointment
Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker payWorld - Financial Times - November 8 -
Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy
With $500bn worth of trade in the crosshairs of Donald Trump’s tariffs, Xi Jinping is preparing for four more years of unpredictability. China is bracing itself for four years of volatile relations ...World - The Guardian - November 8 -
With Trump Tariffs Looming, Businesses Try to ‘Run From a Moving Target’
Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.Business - The New York Times - November 8 -
Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom
The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.Business - MarketWatch - November 8 -
Steve Madden says it will cut production in China to avoid Trump tariffs
The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.Top stories - CBS News - November 8 -
Trump’s trade tariffs: how protectionist US policies will hit German carmakers
‘Shifts in production’ expected if baseline tariffs on imported goods are imposed to benefit US auto manufacturing . In 1964 the new US president was angry about European trade. Specifically about ...World - The Guardian - November 9 -
Cuban implies Trump's tariff threat having negative impact 'right now'
Billionaire and former Harris campaign surrogate Mark Cuban warned of the negative impact of President-elect Trump's tariff plans, which include a general tariff on imported goods and an additional ...Politics - The Hill - November 9 -
Europe could try to stop — or get around — damaging Trump tariffs
Donald Trump's U.S. election win has left Europe scrabbling to work out how it will be able to contain — or counter — probable tariffs on its exports to the U.S.Business - CNBC - November 11 -
U.S. Businesses Work to Limit Costs of Looming Trump Tariffs
Companies are rushing to stock up reserves of goods and create new supply chains to avoid the worst of anticipated costs.Business - Inc. - November 11 -
Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories
The president-elect has said he could impose punitive tariffs on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.Business - The New York Times - November 12