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Citadel's Ken Griffin says Trump's tariffs could lead to crony capitalism
"I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism," the billionaire investor said.Business - CNBC - 5 days ago -
Trump's tariffs could raise the cost of generic drugs in the U.S.
The cost of generic drugs for many people could go up if President-elect Donald Trump follows through on his promise to impose sweeping tariffs on products from China and other foreign countries, ...Top stories - NBC News - 5 days ago -
Italian cheesemakers stockpile in US over fear of Trump tariffs
Exporters of dairy and olive oil made in Italy face shipping and storage crunch in run-up to ChristmasWorld - Financial Times - 4 days ago -
As Threat of Trump Tariffs Looms, Europe’s Leaders Seek Greater Unity
At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to counter Donald Trump’s protectionist agenda.Business - The New York Times - 4 days ago -
Top Biden adviser warns of ‘chaos’ if Trump raises tariffs and guts IRA
White House’s senior economy official says president-elect’s plans will hurt US manufacturingWorld - Financial Times - 3 days ago -
German gloom deepens as Trump tariff threat rattles exporters
Acute vulnerability to a trade conflict could push struggling economy into recession, analysts warnBusiness - Financial Times - 3 days ago -
Without the EU, the joke is on us if Trump gets his tariffs | William Keegan
Stronger ties with the single market is the only way to stop the president-elect from having the last laugh. ‘As democracy is perfected, the office of president represents, more and more closely, ...World - The Guardian - 3 days ago -
Trump tariff on China could lower global inflation, says UK economist
Bank of England’s Swati Dhingra says threatened 60% tariff could lead exporters to cut prices elsewhere. Donald Trump imposing massive US tariffs on Chinese imports could drag down global inflation ...World - The Guardian - 2 days ago -
Trump says he will hit China, Canada and Mexico with new tariffs
US president-elect vows to impose levies on first day in retaliation for illegal migration and drug traffickingBusiness - Financial Times - Yesterday -
China and Canada respond to Trump’s tariff threats and border comments – live
China’s embassy in Washington has responded to Trump’s announcement, saying that no one will win a trade war or tariff war’. Prosecutors drop federal cases against Trump Corey Lewandowski , ...World - The Guardian - Yesterday -
Trump Plans Tariffs on Canada, China and Mexico That Could Cripple Trade
The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.Business - The New York Times - 23 hours ago -
Trump says he'll slap tariffs on Canada, China and Mexico on Day 1
Trump says he plans to impose tariffs on Mexico, Canada and China in an effort to stop the flow of drugs entering the country and illegal border crossings.Top stories - ABC News - Yesterday -
FirstFT: Trump pledges new tariffs against China, Canada and Mexico
Also in today’s newsletter, Citi slashes promotions and Telegram’s finances propped up by cryptoWorld - Financial Times - Yesterday -
Donald Trump’s trade tariffs could cost US consumers $2,400 a year – business live
Rolling coverage of the latest ecoonomic and financial news. Trump vows tariffs on Mexico and Canada and deeper tariffs on China . The US president-elect’s social media post announcing 25% ...World - The Guardian - Yesterday