Thursday's News Links

[Yahoo/Bloomberg] Stocks Fall as Automakers Reel From Trump Tariffs: Markets Wrap

[Yahoo/Bloomberg] Oil Holds Gain as US Posts Biggest Drop in Stockpiles This Year

[AP] US applications for unemployment benefits hold steady, remain in recent healthy range

[AP] U.S. economy grew 2.4% in the 4th quarter after upgrade from earlier estimate

[AP] US cities located in states won by Trump would be most hurt by Canadian tariffs, an analysis finds

[AP] Europe lashes out over Trump auto tariffs and the economic threat to both continents

[Yahoo/Reuters] EU preparing "robust, calibrated" response to new U.S. import tariffs, Commission says

[Yahoo/Bloomberg] Fed Urged to Explore Hedge Fund Bailout Tool for Basis Trade

[Yahoo/Bloomberg] Trump Risks Ending Years of Disinflation, Ex-Fed Vice Chair Says

[AP] A ‘coalition of the willing’ mulls more aid for Ukraine and a possible European armed force

[ABC] Trump says US will 'go as far as we have to' to get control of Greenland

[Yahoo/Bloomberg] Central Bank Troubles Hit Hungary at Awkward Time for Orban

[Yahoo/Bloomberg] Brazil Central Bank Lowers Growth Forecasts Under Rising Rates

[Bloomberg] Trump Floats More EU, Canada Tariffs If They Work Against US

[Bloomberg] Why Trump Is Obsessed With Taking Over Greenland

[NYT] Trump’s Punishing Tariffs Stun America’s Automaker Allies

[NYT] Germany Says Europe Must Respond to Trump’s Auto Tariffs

[WSJ] Hegseth Comes Under Scrutiny for Texting Strike Details as Fallout Grows

[WSJ] Russia’s New Demands Signal Trouble for Trump’s Goal of a Quick End to Ukraine War

[WSJ] Europe Confronts Reality That Vance’s Hostility Is More Than Just a Show

[WSJ] Economic Growth Now Depends on Electricity, Not Oil

[WSJ] South Korea’s ‘Worst Ever’ Wildfires Kill Dozens, Destroy Ancient Temples

[FT] US trading partners warn of retaliation to Trump’s 25% car tariffs

[FT] The big government spending Maga voters cannot live without

[FT] Donald Trump’s cuts to US government raise worries over economic data quality

[FT] Canada races to secure its Arctic frontier in face of changing climate

[FT] Apollo president says private credit is ‘not a bubble’

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Fall in Late Hours Amid Trump Auto Tariffs: Markets Wrap

[Yahoo/Bloomberg] Trump to Hit Auto Imports With 25% Tariff in Trade Fight

[Yahoo/Reuters] Trump announces automobile import tariffs

[NYT] Trump’s Tariffs on Autos Would Hit Europe Hard

[FT] Donald Trump to impose 25% tariff on US auto imports

Wednesday Afternoon Links

[CNBC] S&P 500 hits low of session, down 1% ahead of new auto tariff announcement: Live updates

[AP] Trump will announce auto tariffs at a White House news conference

[Yahoo/Bloomberg] Oil Gains as US Stockpile Data Highlights Tighter Supply Outlook

[Yahoo/Bloomberg] Fed’s Musalem Warns Tariff Inflation Impact May Not Be Temporary

[Yahoo/Reuters] Fed should stay put for extended period amid policy uncertainty, Kashkari says

[AP] US could run short of money to pay its bills by August without a debt limit deal, CBO says

[Yahoo/Bloomberg] US Faces Payment-Default Risk in August, September, CBO Says

[AP] Sweden plans largest military buildup since the Cold War amid Russia threat and uncertain US-EU ties

[Bloomberg] Trump Insists US Must Own Greenland as Vance Heads There

[Bloomberg] Car Repossessions Surged Last Year to Highest Level Since 2009

[WSJ] Trump Considers More Limited Tariff Plans

[WSJ] Top Takeaways From Trump Team’s War Chat With Journalist

[FT] Top EU official expects Trump tariff of about 20%