Tag #Economic Sanctions

cnn.com
🌐 90% Global Worthiness
News related image

Trump Imposes Sweeping Tariffs on Canada, Mexico, and China

President Donald Trump will impose new tariffs of 25% on goods from Canada and Mexico and 10% on goods from China starting February 1st, aiming to curb illegal fentanyl imports and renegotiate trade deals, despite potential significant economic consequences for American consumers.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Canada Mobilizes Allies Against Trump's Threatened Tariffs

Canadian Foreign Affairs Minister Mélanie Joly is working with international allies to dissuade Donald Trump from imposing tariffs on Canadian goods by February 1st, citing Canada's significant role as a major U.S. trading partner; however, a White House executive order sets an April 1st deadline fo...

Progress

48% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
News related image

Gloria Jeans Closes Rostov Factories, Laying Off 2,000 Workers

Gloria Jeans, Russia's largest clothing producer, is shutting down its Rostov region factories, impacting over 2,000 employees by March 31st, due to outdated technology, rising costs, and competition from cheaper Asian suppliers, triggering a search for new investors by the regional government.

Progress

48% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
News related image

US AI Export Controls Draw Sharp Criticism

The Biden administration's new export controls on AI chips, effective January 13th, with a grace period until May 15th, have sparked controversy, with experts claiming they are unworkable and could harm US competitiveness by benefiting foreign competitors, particularly in China.

Progress

48% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
News related image

UK's Opaque Approach to Russian Sanctions Raises Concerns

The UK's HM Revenue and Customs (HMRC) admitted it lacks a central record of investigations into sanctions violations against Russia, despite issuing six fines since 2022, raising concerns about the regime's effectiveness and transparency compared to the US's public naming-and-shaming approach.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
cnn.com
🌐 85% Global Worthiness
News related image

Canada Prepares Retaliatory Tariffs Amidst Potential US Trade War

Canada is preparing retaliatory tariffs on US goods, including energy, alcohol, and steel, if President-elect Trump imposes a 25% tariff on Canadian goods, potentially escalating into a trade war impacting global consumer prices and energy supplies.

Progress

48% Bias Score

Decent Work and Economic Growth
fr.euronews.com
🌐 85% Global Worthiness
News related image

EU to Engage in Calm Dialogue with Trump Administration Amid Trade Tensions

EU President António Costa advocates for calm dialogue with the Trump administration despite potential trade conflicts, such as those arising from the IRA and Trump's threats of tariffs and military action, emphasizing the need to defend EU interests.

Progress

48% Bias Score

Reduced Inequality
lexpansion.lexpress.fr
🌐 85% Global Worthiness
News related image

China's Record Trade Surplus Fuels Global Competition Concerns

China's record 2024 trade surplus, fueled by a 7% export increase and exceeding domestic demand, threatens global competitors and prompts concerns of deindustrialization in Europe and elsewhere; potential US tariffs may accelerate China's trade expansion in the Global South.

Progress

52% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 90% Global Worthiness
News related image

Trump's Unexpectedly Tough Stance on Putin and the Ukraine War

Following his inauguration, President Trump unexpectedly criticized Vladimir Putin for the economic and human costs of the war in Ukraine, suggesting a potential diplomatic solution and shifting the financial burden of aid to European NATO members.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Canada Prepares Retaliatory Tariffs Against Potential Trump Trade War

Canada plans to retaliate against potential U.S. tariffs with its own tariffs on $37 billion of U.S. imports, potentially escalating to $147 billion, following a two-week consultation period, in response to President-elect Trump's dissatisfaction with Canadian border security measures.

Progress

56% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
News related image

Iran's Medicine Crisis: Price Hikes, Shortages, and Hospital Thefts

Due to reduced government subsidies, a rise in the dollar's exchange rate, and raw material shortages, medicine prices in Iran have sharply increased, causing shortages, hospital drug thefts, and endangering patients; the government's debt to the pharmaceutical industry and insurance companies furth...

Progress

40% Bias Score

Good Health and Well-being
french.china.org.cn
🌐 85% Global Worthiness
News related image

China Accuses EU of Unfair Trade Practices in Anti-Subsidy Investigations

The Chinese Ministry of Commerce accuses the EU of using unfair trade practices in its anti-subsidy investigations against Chinese companies, citing significant economic losses, including approximately $1.06 billion in abandoned bids, and violating WTO principles. The six-month investigation was pro...

Progress

56% Bias Score

Decent Work and Economic Growth