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President-elect Donald Trump is vowing to slap heavy tariffs on all foreign-made goods once he reassumes the presidency next year, and some retailers are warning that could be bad news for children who are expecting their favorite toys next Christmas.

CBS News reports that The Toy Association, an industry organization, has found that nearly 80 percent of American toys are currently manufactured in China, which means that Trump's threat to slap massive tariffs on all goods produced in China could leave many parents struggling to afford presents by next December.

President-elect Donald Trump unwrapped a Christmas Day flood of reaction after he continued his revived feud with Canada's Prime Minister Justin Trudeau by urging the Canadian people to start a movement to draft hockey legend Wayne Gretzky to replace him.

Trump took to his Truth Social platform Wednesday to say he told the Canadian hockey great that he should run for prime minister of Canada during a Christmas Day visit.

After President-elect Donald Trump won the United States' 2024 presidential race and enjoyed a narrow victory over Vice-President Kamala Harris, some CEOs who had been critical of Trump in the past reached out to him — including Facebook founder Mark Zuckerberg and Amazon founder Jeff Bezos.

But some of Trump's more vehement critics — a combination of Democrats and Never Trump conservatives — have continued to warn that his return to the White House poses a dire threat to U.S. democracy.

A Capitol One customer with a history of threatening corporations that he felt had “wronged” him is facing up to five years in federal prison after he allegedly vowed to assassinate company executives using a machete and gasoline to accomplish his plot, according to media reports.

Taylor Bullard, of Houston, Texas, became wrapped up in a dispute with the bank’s collections agency after the man claimed in a Dec. 12 email that it was wrongly going after him over a debt he said he had already paid, according to a report in the Independent.

Some of his own followers expressed displeasure at X owner Elon Musk on Christmas after he signaled support for importing more "super talented engineers" from overseas.

On Wednesday afternoon, Musk responded to a post on X about a purported dearth of American-born engineering talent in Silicon Valley, which he argued was holding back the industry's potential.

A new report from Rolling Stone claims that President-elect Donald Trump is "keeping tabs" on major corporations that have not yet forked out big bucks for his inauguration fund.

American companies are forking out money to Trump's inauguration at a time when he's threatening to slap major tariffs on foreign goods, and his decision to grant certain companies exceptions could be a make or break for their profits.

As the country braces for Donald Trump’s looming return to the White House – and the potential for the incoming president to unleash vengeance on his perceived enemies – a New York attorney who found himself on Richard Nixon’s “enemies list” is sounding the alarm for critics of the incoming president.

Trump has for months vowed to use the power of the federal government to go after political opponents, including prosecutors and certain members of the House Committee on January 6. And his selection of former GOP staffer and MAGA loyalist Kash Patel to lead the FBI is reportedly assembling an “enemies list.”

President-elect Donald Trump is using the holiday season to further enrich himself by hawking a wide array of Christmas merchandise that has left at least one ethics expert aghast.

As the Washington Post reports, Trump-branded Christmas merchandise on sale this year includes a $38 Trump Advent calendar, a $95 Mar-a-Lago bauble, $22 candy cane Trump socks, an $86 "GIANT Trump Chocolate Gold Bar" and a $28 Trump apron that features Santa Claus waving an American flag.

Appearing on MSNBC on Christmas Day, former U.S. War College professor Tom Nichols dismissed out of hand Donald Trump's desire to take control of the Panama Canal as more "out-of-left-field" rambling.

Speaking with holiday host Yamiche Alcindor, Nichols was asked about Trump's sudden fascination with the canal which never came up during the 2024 presidential election.

After watching a clip of the president-elect telling a crowd at a Turning Point USA gathering, "It was given to Panama and to the people of Panama, but it has provisions — you’ve got to treat us fairly. And they haven’t treated us fairly. We will demand that the Panama Canal be returned to the United States of America in full, quickly and without question. I’m not going to stand for it. So to the officials of Panama, please be guided accordingly," Nichols was asked what Trump thinks he's doing.

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"He's probably got some pebble in his shoe about something that's happened in Panama that relates to his interests –– that's usually what provokes sort of out-of-left-field tirades from Donald Trump," he offered.

"It's important for people to remember that this is not simply -- this wasn't simply a gift put under a Christmas tree 45 years ago," he explained. "This is actually the relationship with Panama and the Panama canal is governed by a Senate-ratified treaty that exists that already lays out the relationship between the United States and Panama."

"When Donald Trump says 'Well, we'll just take it back,' you know, just as in his first term we'll be saying something using a phrase that we used a lot during those first four years, which is 'Things don't work that way," he added. "That's not how any of that works."

"So you know, he can say it and he can complain about it and he can get big cheers about it at conservative meetings, but that's not going to happen," he predicted.

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Major corporations that vowed to never donate to any lawmaker who pushed election conspiracy theories after the Jan. 6 insurrection that forced lawmakers to flee for their lives appear to have had a change of heart and are helping fund Donald Trump's Jan. 20 inauguration to the tune of millions of dollars

According to a Christmas Eve report from the Wall Street Journal's Rebecca Ballhaus, Dana Mattioli, Shalini Ramachandran and Maggie Severns, there now seems to be a forgive and forget feeling among corporations when it comes to the president-elect despite the fact that he had a central role in inspiring the Capitol riots that shocked the world.

The report notes that corporations are lining up to give Trump millions of dollars to finance the upcoming incarnation.

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"The Wall Street Journal has identified at least 11 companies and trade associations that are backing the inauguration, which is on track to be the most lucrative ever, after earlier pledging to suspend or reconsider political-action committee donations after Jan. 6," the report states while point out to well-known brands that include "Ford, Intuit, Toyota, Goldman Sachs, General Motors, Bank of America, AT&T and Stanley Black & Decker."

According to the report, dozens of companies made a big display of announcing they would "rethink" political donations when it came to lawmakers, with the Journal adding, others "suspended donations to any lawmaker who voted against certifying the 2020 electoral college results. Some simply promised to factor integrity into their donation decisions going forward."

Those plans have now fallen by the wayside as executives flood Trump with money when they are not flocking to his Mar-a-Lago resort to pay their respects before he assume power after Jan. 20.

Donald Trump's recent foray into threatening Panama and proposing annexing an unwilling Greenland is a sign of his increasing impulsiveness that may take the focus off the policies that help propel him back into the White House and could cost him in the long run.

That is the opinion of CNN's senior political analyst Ron Brownstein who told host Kate Bolduan that many of the factors that helped the president-elect stay focused during his first administration are non-existent this go-around.

According to Brownstein, was elected on promises to help consumers and and crack down on immigrants, but he is sticking his fingers into too many pies during his presidential transition.

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All of those restraints are weaker this time," he told the host. "He is kind of constrained by a narrower House majority that can produce rebellions from the right on occasion like we saw during the budget fight, you know, the other day. But by and large, the kind of people who said no to many of Trump unbound impulses are not going to be in the room this time. "

"So what you're going to see, I think, is, you know, even more of these secondary firefights," he elaborated. "He was elected in part because he kept his focus overwhelmingly on two issues, you know, cutting your costs and gaining control of the border."

"And what we have seen in this transition, I think the unifying theme of the transition from Matt Gaetz to Panama to the debt ceiling is that, you know, Trump's impulsiveness is just undiminished," he added. "And his ability to keep his presidency focused on any central theme, I think, is going to be very challenging, especially without the internal regulators that were there the first time."

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