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US Stocks Rise, Trump Raises Tariffs, Border Patrol Shakeup

Bloomberg Markets •
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US stock futures climbed ahead of a wave of earnings, with Boeing and General Motors poised to report next week. Investors eye the data for clues on the post‑pandemic recovery, while analysts weigh the impact of rising interest rates on capital‑intensive firms. The market’s modest gains signal cautious optimism.

In Minneapolis, Greg Bovino, the U.S. Border Patrol commander, announced his departure amid backlash after two U.S. citizens were killed by federal agents. The move follows growing scrutiny of border enforcement tactics and could reshape the agency’s leadership structure. Politicians and watchdogs will monitor the transition closely.

President Trump pledged to raise tariffs on South Korean goods to 25%, a move that could trigger retaliatory measures and affect global supply chains. The decision follows a broader strategy to pressure trade partners amid ongoing disputes. Analysts warn that higher duties may squeeze margins for U.S. exporters.

Airlines continue to trim schedules as another winter storm approaches, tightening capacity in a season already marked by disruptions. Meanwhile, ECB Governing Council Member Martin Kocher urged keeping rate options open, while Franklin Templeton’s Katrina Dudley discussed the earnings season’s implications for asset managers. Investors watch for policy shifts.