Latest in U.s Manufacturer Tariffs
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Russian General Calls U.S. Chairman of Joint Chiefs
In a highly unusual call, the two men “discussed a number of global and regional security issues, to include the ongoing conflict in Ukraine,” a spokesman said.The New York Times - 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 -
Hegseth slams 'manufactured media takedown' of him in WSJ op-ed
Pete Hegseth, President-elect Trump's pick to lead the Defense Department, condemned the press for what he described as a "manufactured media takedown" of him. "The press is peddling anonymous ...The Hill - 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 -
Trump taps ex-aide Peter Navarro for senior counselor on trade and manufacturing
President-elect Trump on Wednesday named his once-jailed former aide Peter Navarro as senior counselor for trade and manufacturing to the incoming White House, picking a loyal ally to help ...The Hill - 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 -
Vivek Ramaswamy Calls Out Loans for Electric Vehicle Manufacturing
Ramaswamy will co-lead the planned Department of Government Efficiency along with Tesla CEO Elon Musk. One of the loans is for Rivian, a Tesla competitor.Inc. - 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 -
Alleged North Korea operative uncovered in the U.S.
The Department of Justice has charged a Chinese national for working as a North Korean operative to ship guns and ammunition from the U.S. for a potential attack against South Korea. CBS News' Rob ...CBS News - Dec. 3 -
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.CBS News - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - 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 -
China bans exports to U.S. of some materials for electronics manufacturing
China has banned exports to the U.S. of some materials essential to the manufacturing of electronics and some military equipment. It comes in response to Washington's chip sanctions on Beijing. CBS ...CBS 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 -
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 -
Biden delivers remarks on the relationship between Angola and the U.S.
Watch live coverage as President Biden delivers remarks to honor the past and future of the relationship between the United States and Angola during his trip to Africa.NBC News - 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 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - 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 -
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