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

 

[6pack]

BREAKING: Donald Trump to sign 200+ executive orders tomorrow.

Trump to take more than 200 executive actions on day one

President-elect Trump will sign more than 200 executive actions on his first day in office.

www.fox5ny.com

Per FOX and Eric Daugherty, they include:

• Declare emergency at the border + issue proclamation closing the border
• Designate cartels as foreign terrorist organizations
• Remain in Mexico, Catch and Release will be reinstated
• Military will be directed to construct new phase of border wall
• Terminate Biden orders on energy drilling restrictions
• Return federal workers to in-person work
• Pause all offshore wind leases
• End DEI hiring practices in the federal government, merit only
• Withdraw from the Paris Climate Accord
• Order every agency to remove all federal actions increasing costs for Americans via deregulation
• Suspend security clearances for the 51 officials who lied about the Hunter Biden 2020 laptop story
• Establish a DOGE "hiring freeze"

So it begins...