Trump threatens higher Mexico trade tariffs over water treaty violations

Former President Donald Trump criticized the Federal Reserve's recent decision to implement its third consecutive interest rate cut, labeling it as 'too small' and expressing a desire for a more substantial reduction. This move has sparked significant dissent within the Fed, with three officials opposing the decision, marking the highest level of dissent in six years.

Mexico has approved tariffs of up to 50% on various imports from China, prompting a strong response from Beijing, which criticized the measures as unilateral and harmful to Chinese interests.

China, along with several European nations, has raised objections to a proposed exemption for US multinationals from the OECD's global minimum tax framework, effectively stalling the agreement. This move highlights the tensions surrounding international tax policies and the influence of major economies in shaping these regulations.

Mexico has approved tariffs of up to 50% on various imports from China and other countries, set to take effect on January 1. This decision includes a range of goods such as cars, clothing, and appliances, marking a significant shift in the country's trade policy.

Former President Donald Trump has introduced a new immigration initiative, offering $1 million 'gold card' visas to individuals who can demonstrate a substantial benefit to the United States. This program aims to attract skilled immigrants who can contribute positively to the economy and society.

Stephen Moore, a former economic advisor to President Trump, discussed the Federal Reserve's recent decision to cut interest rates and the implications for the U.S. economy during an appearance on Bloomberg Businessweek Daily. He criticized the significant spending bill passed at the end of Trump's first term, labeling it a mistake, while also speculating on potential candidates for the next Fed Chair.

The Federal Reserve has indicated that it may not fulfill former President Trump's request for interest rate cuts, while simultaneously projecting a positive outlook for the economy in 2026. This comes as the Fed prepares for its final meeting of the year amidst ongoing economic uncertainty and inflation concerns.

Former President Donald Trump has suggested that CNN should be sold as part of any significant media merger, emphasizing the need for changes in the leadership of the cable network. This statement aligns with his broader involvement in media acquisitions, particularly as he positions himself in the ongoing discussions surrounding major deals in the entertainment industry.