CNBC Daily Open: A new day, a new Trump policy for markets to digest

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Rates to come down "gradually"
U.S. Federal Reserve officials anticipate lowering interest rates "gradually" to "a more neutral stance," minutes of the Fed's November meeting showed. That's contingent on inflation continuing to "move down sustainably to 2 percent and the economy remaining near maximum employment" in line with Fed officials' expectations.

Markets move past tariff threats
Markets in the U.S. moved past President-elect Donald Trump's threat of more tariffs to scale new highs on Tuesday. The S&P 500 and Dow Jones Industrial Average closed at record highs. Europe's Stoxx 600 fell 0.57%, weighed down by auto stocks, which dropped 1.7% on news of the tariffs. Daimler Truck slumped 6%.

Tariffs put the brakes on automakers
Shares of General Motors and Stellantis slumped following Trump's announcement on Tuesday of a 25% tariff on goods imported from Canada and Mexico into the U.S. Goldman Sachs estimates those tariffs, in addition to the 10% on goods from China also proposed by Trump, will raise a measure of core inflation by nearly 1%.

Ceasefire between Israel and Hezbollah
A permanent ceasefire between Israel and Lebanon's Hezbollah is scheduled to begin Wednesday, announced U.S. President Joe Biden. The deal, which was brokered by France and the U.S., aims to complete the withdrawal of Israeli forces from Lebanon over the next 60 days. Israel and Hezbollah have been engaged in a protracted conflict.

 [PRO] Data might show annual inflation ticking up
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