In case you haven’t heard, the incoming Trump Administration is considering every imaginable threat to the world – from huge tariff increases, to new trade barriers to enacting BRIC (block of nine countries) tariffs, should the group decide to replace the US dollar.

I’ve curated 7 important updates for you.  Some are better than others.  Check them all out to stay ahead of the game.

1. BBC – US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar.
2. The Hill – Now is the time (12/2/24) to prepare for tariffs.
3. Business Insider – Trump on November 30, 2024 floated “100% tariffs” on the BRICS group of emerging markets.
4. Baker McKenzie – Looking ahead, the business impact of a new US administration.
5. The Budget Lab – Fiscal, macroeconomic, and price estimates of tariffs under both non-retaliation and retaliation scenarios.
6. USA Today – Tariffs and you: What products will cost more, when prices will rise, and what to buy now.
7. NPR – How Trump’s tariff plan might work.

Plan for the worst-case scenario, but hope for the best-case scenario.