What to Know in Washington: Trump Tariff Threat Roils Markets

Nov. 26, 2024, 12:06 PM UTC

Markets across the world are getting their first, expensive reminder that Donald Trump is back. But first, you should know:

  • Trump’s choice to lead the White House budget office shows he’s serious about firing federal workers.
  • Labor secretary pick Lori Chavez-DeRemer’s voting record will likely be front and center during her confirmation.
  • Staffers on the Hill are quietly experimenting with AI but wary of a negative stigma.

New Trump Tariff Threat Roils Markets

Donald Trump roiled markets by vowing additional tariffs on China, Canada, and Mexico — his first specific threat to curb global trade flows since winning ...

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