Latest in Looming Tariffs
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Port strike looms ahead of Trump inauguration
Tens of thousands of longshoremen could walk off the job from Maine to Texas next week if their union and management can’t resolve long-running contract issues. A damaging strike that kicks off a ...The Hill - Jan. 8 -
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 - Jan. 8 -
Another potential port strike is looming. Here's what to know.
After reaching a tentative deal that suspended a short strike in October, unionized dockworkers and port operators face another crucial test.CBS News - Jan. 7 -
As Port Talks Resume, Strike Deadline Looms
Dockworkers along the East and Gulf Coasts threaten to walk off the job on January 15, over concerns about increased automation and job losses, creating economic uncertainty.Inc. - Jan. 7 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
ILA union and port owners held secret meeting on automation as new strike looms
The dockworkers union and port owners held a private meeting ahead of resuming formal talks to help with the heated issue of automation.CNBC - Jan. 7 -
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 - Jan. 7 -
Alaska's snow crab season is back after pause, but uncertainty looms
Biologists blamed the rapid decline of snow crab on a 2018 climate-fueled heatwave. Some fishermen are still reeling as they face a murky future.CBS News - Jan. 6 -
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 - Jan. 6 -
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 - 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’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 -
Congress set to officially certify 2024 election results as Jan. 6 pardons loom
On Monday, lawmakers will certify the results of the 2024 election. It was on this day four years ago that now President-elect Donald Trump delivered a speech denying his 2020 defeat, which was ...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 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - 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 -
Congress to Certify Trump’s Election, With Memories of Riot Looming Large
A joint session of the House and Senate is set to convene at 1 p.m. to perform a ritual that was once considered ceremonial and uneventful.The New York Times - Jan. 6 -
S Korea's impeached president defiant as arrest deadline looms
Yoon is waiting out the arrest warrant in his residence, newly fortified by barbed wire and buses.BBC News - Jan. 6 -
Chris Mason: Musk looms large over UK as MPs return for 2025
Another year in Westminster has got off to an explosive start after the tech billionaire's intervention.BBC News - Jan. 6