Why Trump foes can’t block day-one tariffs on China, Mexico and Canada

Date:

November 26, 2024

President-elect Donald Trump has already begun to captivate financial markets with his unorthodox negotiating style, as evidenced by the reaction to his Tuesday night threat to impose 25% tariffs on Mexico and Canada and a surcharge tariff of 10% on China.

Source link

Kraken shutting down its NFT marketplace just a year after its launch

The Antisemitic Brands You'll Want to Steer Clear of This Holiday Shopping Season

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Why Trump foes can’t block day-one tariffs on China, Mexico and Canada

Recent posts

Boeing unveils $6 billion quarterly loss ahead of key vote by striking machinists

Zillow’s stock surges as analyst says start buying as mortgage rates fall

WK Kellogg is upbeat about going it alone as CEO says ‘don’t sleep on our core brands’

Fate of postelection stock-market rally may be in the hands of bond traders

Urban Outfitters is departing from its ‘alternative sensibility’ to turn around namesake stores

Kamala Harris backs smaller rise in capital-gains taxes than proposed by Biden

Ulta Beauty’s full-year sales forecast is slightly better, and the company says it’s ‘gaining traction’ in competitive backdrop

Kohl’s to bring aboard veteran of Michael’s and Walmart as new CEO. Shares are falling.

Dollar General asks shareholders to reject investment firm’s stock-purchase offer

Vaccine-maker stocks like Moderna, Pfizer drop as Trump picks RFK Jr. to lead HHS

Gold logs biggest drop since July, election may be a ‘pivot point’

A weak jobs report couldn’t stop 10-year Treasury yields from rising

Gold gets a boost from expected Fed interest-rate cuts, new focus on jobs

Stocks and crypto could rally through year-end, but watch for this last wild card

Meta to lift penalties on Trump’s accounts ahead of election

Related articles

Federal Reserve proposes more transparency in bank stress tests, but banks still sue

Oil prices stuck between geopolitical worries and expectations for surplus

Hyatt may add hotels in Mexico, Jamaica with potential Playa merger

Forget the stock-market tumble — the Fed made the right move in a wild week

Cocoa’s the best-performing commodity in 2024 — and even beat bitcoin. What’s next.

As the wealthy keep spending, here’s why the middle class is in for a tough 2025

How this Treasury-market dynamic could lead to the next big leg lower in stocks

As Teamsters go on strike, Amazon and its investors are trying to shrug it off

Company

Follow us