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Ozempic and booze, a CEO shooting, and Trump tariffs: Business news roundup

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Ozempic and booze, a CEO shooting, and Trump tariffs: Business news roundup

President-elect Donald Trump tours Drake Enterprises, a non-union automotive parts manufacturer, before speaking at a small rally on September 27, 2023 in Clinton Township, Michigan.
Image: Scott Olson (Getty Images)

More than a month before he’s set to take office, President-elect Donald Trump is already spelling trouble for the auto industry.

Last week, he threatened to slap “ALL products” imported from Mexico and Canada with 25% tariffs, as well as 10% duties on Chinese products coming into the U.S. Withdrawing that threat is contingent on those countries making progress on work to keep drugs — namely fentanyl — from flowing into the U.S. He also demanded that Mexico and Canada keep undocumented immigrants from entering the U.S.

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