Investors value green labels — but not always for the right reasons 
South Korea Inflation Edges Up in November as Food and Service Costs Climb 
Bitcoin Hits $100K Milestone Amid Optimism Over Trump Policies 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Infosys Shares Drop Amid Earnings Quality Concerns 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3 
UK Markets Face Rising Volatility as Hedge Funds Target Pound and Gilts 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
U.S. Cyber Monday Online Sales Surge Past $9.1 Billion as Holiday Shopping Momentum Builds 
Auto stocks fell in premarket trading Wednesday following a CNN report suggesting President-elect Donald Trump may declare a national economic emergency to introduce new tariffs. Major automakers, including General Motors, Ford, Tesla, and Stellantis, saw early losses. Electric vehicle (EV) companies Rivian and Lucid dropped 1.3%, while Chinese EV makers Nio, XPeng, and Li Auto experienced steeper declines of 2–3%.
The report, citing four sources, claims Trump is exploring the International Economic Emergency Powers Act (IEEPA) to impose tariffs without needing proof of national security risks. This has raised concerns among investors about potential supply chain disruptions and increased costs for automakers and tech firms.
Chipmakers were also impacted, with Cirrus Logic losing 1%, Marvell Technology 0.8%, and Lam Research 0.4%. Analysts at Vital Knowledge noted the news is concerning but doesn’t yet provide clarity on tariff specifics such as product scope, rates, or timing.
Other legal options under consideration include sections 338 and 301 of U.S. trade law, which could facilitate additional tariffs but may face delays and legal challenges. Analysts expect new tariffs will likely be implemented, though they may be less severe than previously suggested during the campaign.
The potential measures align with Trump’s strategy to reset global trade and promote U.S. manufacturing. However, analysts warn that using tariffs as a negotiation tool will keep trade uncertainties high, maintaining pressure on global markets.
