Tariff Hike
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A misguided move on Chinese tariffs
New Biden levies on Beijing undermine the global economy and the climate transitionFinancial Times - World -
How Companies Dodge Tariffs
Protectionist trade policies are popular on both the left and right. But some economists say they’re likely to backfire.The New York Times - Business -
Japan Government Bond Yields Climb on Expectations BOJ Could Reduce Bond Purchases
Japanese government bond yields rose on expectations the Bank of Japan could lower its bond buying in the coming months to support the weakening yen, Deutsche Bank Research said.The Wall Street Journal - World -
Biden's proposed tax hike would crush workers and the economy
Biden is eager for more hard-earned money from U.S. taxpayers, and he is willing to drive businesses overseas again by raising corporate tax rates.The Hill - Politics - Joe Biden -
Not all American tariffs are created equal
Unlike Trump’s policies, the Biden trade strategy aims to build domestic industrial capacity and could be good for US alliesFinancial Times - Business -
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Fed’s Mester says forecast of 3 rate cuts this year is now probably too many
“I was on the record before saying I was at the median [forecast] which was three,” Loretta Mester said Monday. “The developments I’ve seen in the economy right now, I would not think that that’s still appropriate.”MarketWatch - Business -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
What do Biden's tariffs mean for the energy transition?
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story New tariffs could slow climate tech adoption As the Biden administration slaps new import tariffs on a range of metals and ...The Hill - Politics - Joe Biden -
Tariffs Push Up Costs. But Not Always Inflation
Biden’s decision to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs.The Wall Street Journal - World -
Why the world should learn to love Biden’s tariffs
The benefits will go far beyond American shoresFinancial Times - World - Joe Biden -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
Biden's Chinese EV tariffs don't address lingering national security concerns
The 100% Chinese EV tariffs are meant to head off economic risks, but some Democrats say Chinese EVs should be banned entirely for security reasons.CBS News - Top stories - Joe Biden -
Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.The New York Times - Top stories - China -
Beyond tariffs, US economic strength is key to containing China
By leveraging its economic strength and showing unwavering determination, the U.S. can reestablish its prestige, deterring and inhibiting the CCP from challenging Taiwan or the global order.The Hill - Politics - China -
Why Biden's China tariffs could hurt his climate agenda
As President Biden strives to prove his pro-manufacturing and anti-China credentials ahead of his likely election rematch with former President Trump, his far-reaching climate agenda could pay a price. Biden this past week hiked tariffs on ...The Hill - Politics -
Will Chinese auto investment jump Joe Biden’s tariff walls?
China’s EV manufacturers looking to produce in Europe and the US will be next stage of trade war gameFinancial Times - World - Joe Biden -
U.S. Tariffs Close Off the Easiest Route to Affordable EVs
A new 25% tariff on Chinese EV batteries and parts could hit Tesla and Ford’s cheapest electric vehicles.The Wall Street Journal - World -
Economists forecast $500bn annual hit from new Trump tariffs
Peterson Institute says poorest Americans will suffer most if Republican wins election and raises levies as promisedFinancial Times - World - Donald Trump -
Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.CNBC - Business -
Just one company sells Chinese-made EVs in the U.S. Here’s how it’s navigating Biden’s new tariffs.
Analysts emphasize that Sweden-based Polestar had been moving away from having its electric vehicles made in China before this month’s news about U.S. tariffs.MarketWatch - Business -
Teslas are cheaper than ever. Here’s how Biden’s China tariffs will affect costs.
The Biden administration this week slapped stiff tariffs on Chinese electric vehicles, as well as batteries and battery parts from China.MarketWatch - Business - China -
Neuralink Gets FDA Green Light for Second Patient
The Elon Musk-backed startup has proposed solutions for a thread pullout problem experienced by its first participant, Noland Arbaugh.The Wall Street Journal - World -
Hims & Hers Health to Offer Injectable Weight-Loss Drugs on Telehealth Platform
Hims & Hers Health shares soared after the company said it would add injectable weight-loss drugs to its platform, granting access to the popular treatments to its telehealth patients.The Wall Street Journal - World -
Trump Trial Judge Clashes With Defense Witness: 'Are You Staring Me Down Right Now?'
Prosecutors rested their case in Trump’s hush-money trial after four days of testimony by Michael Cohen, onetime fixer to the former president.The Wall Street Journal - World - Donald Trump -
The WSJ Dollar Index Rises 0.2% to 99.33
The WSJ Dollar Index was up 0.2% to 99.33 — up for two of the past three trading days.The Wall Street Journal - World -
FDIC Chairman Martin Gruenberg to Resign
Gruenberg bowed to pressure to resign after an external investigation found widespread sexual harassment at the agency. He plans to stay until a successor is confirmed.The Wall Street Journal - World -
The Coolest Watches Are Built for Dives
Explore the season’s new dive watches, which can take the plunge— down 100 meters or more.The Wall Street Journal - World -
It's the Most Expensive Team in Sports---but the Best Player Came for Free
Phil Foden has been a Manchester City player since the Under-9 team. But even in a squad of expensively acquired international talent, he turned into the club’s player of the season.The Wall Street Journal - World