Markets Tumble As Trump Tariffs Loom
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TikTok’s Last Stand Before Supreme Court Looms
The video platform app’s fate is bound up in collision of free speech and national security, which will be debated in a hearing that starts Friday.Inc. - Jan. 9 -
NBA Power Rankings: Cavaliers reclaim No. 1 spot with huge win vs. Thunder, Warriors tumble again
Cleveland won the first round of a heavyweight battle with the Thunder on Wednesday nightCBS Sports - Jan. 9 -
VW strains to hit EU emission targets as EV deliveries tumble
Europe’s largest carmaker hurt by greater competition from rivals in ChinaFinancial Times - Jan. 9 -
The looming battles over US economic policy thinking
Both Republicans and Democrats are split between populist and oligarchic visionsFinancial Times - Jan. 9 -
Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...MarketWatch - Jan. 9 -
Venezuela tumbles deeper into dictatorship with Nicolás Maduro set to extend 12-year rule
Global democratic leaders pledge a boycott as exiled opposition leader vows to return to challenge ceremony. Venezuela’s tumble into authoritarianism is poised to enter an even harsher new phase ...The Guardian - Jan. 9 -
Hyundai pours $16.7bn into EV development at home as it braces for Trump tariffs
World’s third-largest carmaker is grappling with tougher competition abroad and sluggish demand in South KoreaFinancial Times - Jan. 9 -
Australian casino group Star faces cash crunch as shares tumble 28%
Money laundering penalties and cost of living crisis take toll on gambling operationsFinancial Times - Jan. 9 -
Major service workers union joins forces with AFL-CIO as second Trump term looms
The Service Employees International Union said it is re-joining the AFL-CIO. With the addition of SEIU, membership will expand to 15 million workers.NBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Tariff threat looms over the year's biggest electronics show
Tech companies big and small are offering bold visions of AI-backed products that could be headed into our everyday lives soon. Unless tariffs trip them up.NBC News - Jan. 8 -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - Jan. 8 -
European wind stocks tumble after Trump says he will stop new turbine construction
The president-elect went on a lengthy attack against wind turbines during a news conference.CNBC - Jan. 8 -
Trump could declare national economic emergency to justify universal tariffs, CNN reports
The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.CNBC - Jan. 8 -
Trump considers declaring national economic emergency to impose tariffs
Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada. Donald Trump is mulling over the idea to declare a national economic emergency to ...The Guardian - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Port strike looms ahead of Trump inauguration
Tens of thousands of longshoremen could walk off the job from Maine to Texas next week if their union and management can’t resolve long-running contract issues. A damaging strike that kicks off a ...The Hill - Jan. 8 -
Why investors should watch the dollar as markets make sense of Trump’s tariff plans
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald Trump’s tariff plans landed in traders’ newsfeeds, and suddenly all bets ...MarketWatch - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
How ‘Tariff Man’ Trump Might Start Slowly When He Imposes Import Duties
Trump aides are reportedly discussing a plan to restrict pledged duties on all imports to an initial list of products considered critical to national security, reducing the risk of resurgent ...Inc. - Jan. 7 -
As Port Talks Resume, Strike Deadline Looms
Dockworkers along the East and Gulf Coasts threaten to walk off the job on January 15, over concerns about increased automation and job losses, creating economic uncertainty.Inc. - Jan. 7 -
Will US markets keep rising under Trump?
Economic uncertainty and frothy valuations jar with investor optimismFinancial Times - Jan. 7 -
Trump's trolling and tariffs sped up Justin Trudeau's demise. How will Canada handle Trump now?
Canadians woke up Tuesday to an uncertain future, after Prime Minister Justin Trudeau said he would resign and bring his near-decade in power to an end.NBC News - Jan. 7 -
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.MarketWatch - Jan. 7 -
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - Jan. 7 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
Trump will need to ‘establish a relationship’ with next Canadian PM as he threatens new tariffs
Canadian Prime Minister Justin Trudeau announces plans to step down after growing calls for his resignation. New York Times Canada Bureau Chief Matina Stevis-Gridneff and NBC News Correspondent ...NBC News - Jan. 6 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - Jan. 6 -
Donald Trump denies he will pare back aggressive tariffs plan
Washington Post report said aides were aiming to target only critical imports but president-elect calls it ‘fake news’. President-elect Donald Trump on Monday denied a newspaper report that said ...The Guardian - Jan. 6 -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - Jan. 6 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
Trump’s tariff policy claims its first victim with Trudeau resignation
President-elect Donald Trump’s tariff policy has claimed its first victim before the president even returned to office.MarketWatch - Jan. 6 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
Congress to Certify Trump’s Election, With Memories of Riot Looming Large
A joint session of the House and Senate is set to convene at 1 p.m. to perform a ritual that was once considered ceremonial and uneventful.The New York Times - Jan. 6 -
TikTok Creators in Limbo as Platform Ban Looms
The TikTok ban could leave creators in the lurch.Inc. - Jan. 5