How will Trumps threat on 100% tariff on BRICS pan out

[6pack]

Elon Musk ‘living in cottage on Donald Trump’s Mar-a-Lago estate’

World’s richest man whose money helped secure election victory ‘drops in at dinners and listens into calls with US president-elect’

www.telegraph.co.uk

Talk about unwanted guests always by your side.

 

[6pack]

India to be largest foreign hub for Trump Towers

India will become the largest hub for Trump Towers outside the U.S., with 10 projects planned in the next six years.

www.asianhospitality.com

India is set to become the largest hub for Trump Towers outside the U.S., with 10 projects planned over the next six years, including residential, office, and golf course properties, expected to generate around $1.75 billion in sales. Pictured are Trump Tower in Mumbai, left, developed by Lodha Group, and Trump Towers in Pune, developed by Panchshil Realty.

 

[TEUser2K1]

Trump is considering a national economic emergency declaration to allow for new tariff program, sources say

https://edition.cnn.com/2025/01/08/economy/trump-national-economic-emergency-tariffs/index.html

Tariffied? Markets feeling the most pinch from Trump tariff risks

From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump’s promise to jack up tariffs when he becomes U.S. president in less than two weeks.

www.thehindu.com

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 plans

www.ft.com

 

[6pack]

That FT link is a Rs100 paywall.

 

[TEUser2K1]

China's yuan hits 16-month low despite firmer guidance

China's yuan hit a 16-month low against the dollar, pressured by trade concerns, falling yields, and a strong dollar. Despite efforts by the central bank to stabilize the currency, the yuan fell past the 7.3 per dollar mark. Analysts expect further depreciation if President-elect Trump's trade...

economictimes.indiatimes.com