Why is Trump threatening a 100% tariff on the BRICS nations?
Read more at CBS News
Topics
-
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 - 1d -
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 - 1d -
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 - 8h -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - 2h -
What are the BRICS countries — and are they really trying to leave the dollar like Trump says?
In his latest trade-related tirade, President-elect Donald Trump has set his sights on a group of emerging-market countries collectively known as the “BRICS.”MarketWatch - 1d -
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 - 2d -
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. - 2h -
Congress faces shutdown dilemma that could mess with Trump's first 100 days
Congress faces a Dec. 20 deadline to avert a government shutdown and is expected to kick the funding fight til early 2025 when President-elect Donald Trump will be in office.NBC News - 1d -
Trump appears to threaten Hamas with 'all hell to pay' over hostages
The US president-elect vows a response if captives in Gaza are not released by the time he returns to the White House.BBC News - 1d -
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. - 2d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 22h -
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 - 8h -
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 - 2h -
Trump will take ‘nonstop’ action in first 100 days in office, top adviser says – live
Jason Miller says that Trump will take aggressive action on immigration and oil and gas drilling early into his second term. Notre Dame Cathedral will reopen in Paris on Saturday with incoming US ...The Guardian - 22h -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Mexico's president and Trump had an upbeat call despite dust-up over tariffs
Politico - 6d -
Canadian minister says Trump was joking when he said Canada could become the 51st state
A Canadian minister who attended a dinner between President-elect Donald Trump and Prime Minister Justin Trudeau says Trump was joking when he suggested Canada become the 51st U.S. stateABC News - 17h -
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 - 1d -
Why Trump's FBI director pick Kash Patel is raising alarms
President-elect Donald Trump's intention to make Kash Patel his FBI director is drawing harsh critiques from some politicians who don't think he is the right person for the job. CBS News' Nancy ...CBS News - 1d -
Why Republicans Might Oppose Trump’s Push to Undo Biden’s Triumphs
President Biden wants to make it more difficult for President-elect Donald J. Trump to repeal his signature legislation, which sent money flowing to Republican districts nationwide.The New York Times - 1d -
Trump Will Have Enormous Power Over Climate Action. Here’s Why.
Presidents have extraordinary control over climate policy, in part, because it’s been decades since Congress has passed a comprehensive environmental bill.The New York Times - 1d -
The 100 best female footballers in the world 2024 – Nos 100-41
Caitlin Foord, Mary Earps and Racheal Kundananji are among the players between rankings 70 and 41 on our annual countdown. Meet the judges | Bonmatí top 2023 list | 2022 edition | 2021 | ...The Guardian - 20h -
Trump’s election win fueled crypto XRP’s rally to a new high. Here’s why its gains may last.
XRP, the world’s third-largest cryptocurrency by market capitalization, hit a record high at $2.90 on Tuesday before pulling back — with its rally fueled by optimism around a more friendly ...MarketWatch - 22h -
'Why would I back down?': Embattled Pete Hegseth says Trump told him to keep fighting
Pete Hegseth, Donald Trump’s embattled pick for defense secretary, brushed aside suggestions that he would drop out and said Trump urged him to “keep fighting.”NBC News - 1h -
Renewed fighting threatens fragile Israel-Hezbollah ceasefire
Despite the ceasefire agreement between Israel and Hezbollah, the back-and-forth violence doesn't appear to be going away. Both sides say the other is violating the deal. Matthew Levitt, a Middle ...CBS News - 1d
More from CBS News
-
Pope Francis receives first all-electric popemobile from Mercedes
CBS News - 12m -
Hawley says Hegseth cancelled meeting as DeSantis name gets floated
CBS News - 16m -
Why a long-term CD is better than these 3 alternatives now
CBS News - 29m -
Grandmother may have fallen in sinkhole searching for cat
CBS News - 36m -
Trump taps Peter Navarro, convicted of contempt of Congress, as trade counselor
CBS News - 39m