Trade

• Tesla CEO Elon Musk bats for H-1B visa, says tariffs distort markets - Tesla CEO raises concerns over Trump's tariff policy and says he does not support closing of the H-1B visa program.
• Costco sues for Trump tariff refunds before Supreme Court rules on if they're illegal - Costco joins dozens of other companies that are seeking to protect their rights to refunds of Trump's tariffs without first waiting for the Supreme Court.
• India's industrial output grew just 0.4% in October, missing estimates - India's industrial output suffered due to weak manufacturing output and mining activity, low electricity consumption.
• An industry focused on death faces an existential crisis - The small, family run companies that make traditional memorialization products like gravestones are facing the dual challenges of tariffs and cremation.