Latest in Revving Tariff War
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Major war could destroy army in six months, minister warns
The defence minister said Russia was suffering 1,500 casualties a day in its conflict with Ukraine.BBC News - Dec. 4 -
Mexico announces record drug seizure one week after Trump threatens tariffs
Soldiers and marines discover drugs in Sinaloa, while separately authorities arrest more than 5,200 migrants. Mexican security forces have impounded more than a ton of fentanyl pills in what ...The Guardian - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
We're downgrading a stock on tariff risk — plus, chips and software plays stand out
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Dec. 4 -
OpenAI Enters Silicon Valley's Hot New Business: War
The artificial-intelligence company behind ChatGPT has agreed to put its powerful tech in Anduril Industries’ drone defense systems.The Wall Street Journal - Dec. 4 -
Small Business Owners Brace for Trump’s Proposed Tariffs
While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.Inc. - Dec. 4 -
Mexico says Canada wishes it had its ‘cultural riches’ amid tariffs feud
Leaders cast the other as ill-prepared after Trump threatens to apply 25% taxes on goods from both countries. Mexico’s president has said Canadians “could only wish they had the cultural riches” of ...The Guardian - Dec. 4 -
Mexico makes largest fentanyl bust as Trump’s tariff threat looms
Drugs seizure comes after US president-elect says he will impose levies if flow of narcotics is not haltedFinancial Times - Dec. 4 -
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...The Guardian - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
Writers Silenced by Stalin Get New Life Amid War in Ukraine
The Soviet regime killed a generation of literary artists in the 1930s. Their legacy is being reclaimed as Ukraine fights to preserve its cultural heritage.The New York Times - Dec. 4 -
Ukraine war briefing: Nato lauds Blinken on final Brussels turn
US secretary of state arrives with another $725m in US arms for Ukraine; Russia complains of Ukrainian help to Syria rebels. What we know on day 1,015. Antony Blinken, the outgoing US secretary of ...The Guardian - Dec. 4 -
U.S. distances itself from Syrian civil war resurgence
Syria's government forces are fighting to gain back control of Aleppo after an Islamist rebel group seized the city last week. CBS News Pentagon reporter Eleanor Watson has the latest.CBS News - Dec. 3 -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - Dec. 3 -
What we know about Trump's plans on foreign policy, tariffs
Tariffs for countries sending goods to the U.S. still appear to be part of President-elect Donald Trump's plans for his second term in the White House. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - Dec. 3 -
Trudeau meets rivals as he seeks united front in face of Trump tariff threat
Canadian government scrambles to ward off tariffs as prime minister briefs politicians on meeting with Trump. Canada’s federal government has redoubled its efforts to ward off potentially ...The Guardian - Dec. 3 -
Is the Ukraine conflict a proxy or direct war against Russia?
The difference between them is a matter of perception and interpretation by the (indirect and direct) belligerents involved.The Hill - Dec. 3 -
What the leading ‘just war’ theorist says about the strategies of Hamas and Israel
Michael Walzer argues that Hamas’s strategy in the Gaza war is to deliberately “put civilians at risk for political gain.”The Hill - Dec. 3 -
They fled war in Sudan. But they haven't been able to flee the hunger
The war in Sudan has created vast hunger, including famineABC News - Dec. 3 -
How Trump's proposed tariffs could impact your wallet
Proposed tariffs on imported goods could raise prices on items like clothing, toys and household appliances. CBS News MoneyWatch correspondent Kelly O'Grady explains the potential impact on ...CBS News - Dec. 3 -
Why the Syrian civil war is reigniting now
Syria's army and its allies are reported to have confronted an attack by forces affiliated with the Kurdish Syrian Democratic Forces in the north of the country. This comes after rebel fighters ...CBS News - Dec. 3 -
United Airlines CEO talks flight junk fees, Trump's potential tariffs
United Airlines CEO Scott Kirby speaks to "CBS Mornings" about the potential impact of new trade tariffs on fares as U.S. airports saw a record number of flyers at the end of Thanksgiving weekend, ...CBS News - Dec. 3 -
Inside Aleppo: Family reunions, nervousness at rebel rule and fear of war
Syria's second city has been captured by the armed rebel group Hayat Tahrir al-Sham from government forces.BBC News - Dec. 3 -
Top U.N. Envoy Says Gaza War Followed Years of Weak Diplomacy
World leaders failed to focus on a permanent solution to the Israeli-Palestinian conflict and risk making the same mistake again, the departing United Nations’ envoy in the region says.The New York Times - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3 -
Gazans displaced by war now face threat of winter
Palestinians displaced by the war are living on Gaza's coast, exposing them to harsh winter storms.BBC News - Dec. 3 -
‘It’s about justice’: fighter from guerrilla war sues Spanish government for €1m
Joan Busquets, 96, suffered torture, forced labour and 20 years in prison under the Franco regime and seeks reparations. One of the last surviving fighters from the guerrilla war waged against the ...The Guardian - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian productsABC News - Dec. 2 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
Why Syria's civil war is reigniting
The Syrian military and the Kremlin conducted joint airstrikes Monday on parts of Syria that rebels took control of over the weekend. Fighters seized Syria's largest city, Aleppo, after a battle ...CBS News - Dec. 2 -
What to know about the Smoot-Hawley tariffs and their role in the Great Depression
The measure helped worsen the Great Depression, experts said.ABC News - Dec. 2 -
Dollar climbs after Trump’s Brics tariff threat and French political woes
Currency on course for biggest daily rise since November 5 US presidential electionFinancial Times - Dec. 2 -
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.CBS News - Dec. 2 -
2- through 10-year yields finish higher after new Trump tariff threat
Most U.S. government debt sold off on Monday, lifting 2- and 10-year yields off their October lows, after a new tariff threat from President-elect Donald Trump reignited worries over inflation.MarketWatch - Dec. 2 -
Ontario’s ad campaign seeks to counter Trump tariffs threat
Canadian province is US’s third-biggest trade partner and its automotive industry is intertwined with that of its southern neighbourFinancial Times - Dec. 2 -
Trump's tariff threats create division between Canada and Mexico over security at borders
Threats by President-elect Donald Trump to impose U.S. tariffs on its immediate neighbors appear to have created a split between Canada and Mexico, after Canadian officials said problems with the ...ABC News - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
How the EU should deal with Trump’s tariff threat
Brussels must try to ensure its response to the US does not trample on trade rulesFinancial Times - Dec. 2 -
Sexual Violence in War Is Not Inevitable
Understanding and addressing the underlying beliefs and values that drive behavior in combat is crucial.The New York Times - Dec. 2