Tag #Economy

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U.S.-China Trade War Drives Chinese Investment Boom in Cambodia

The U.S.-China trade war has fueled a massive influx of Chinese factories into Cambodia, transforming its economy as Chinese companies relocate to avoid U.S. tariffs, resulting in a surge in Cambodian exports to the U.S. from \$3 billion in 2016 to over \$13 billion in 2023.

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44% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Trump Tariffs Cause Price Increases for American Consumers

The Trump administration's new tariffs on imports from Mexico, Canada, and China, ranging from 10% to 25%, have taken effect, causing price increases across various sectors and prompting concerns from businesses and consumer advocacy groups.

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56% Bias Score

Reduced Inequality
bbc.com
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German Defense Industry Boosts Production, Targeting Automotive Sector Amidst Rising European Military Spending

Facing economic downturn, German defense firms are expanding production, utilizing the struggling automotive sector's workforce and facilities to meet increased European military spending demands driven by the Ukraine conflict and pressure from the US, potentially boosting Germany's GDP.

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canada's Trade War Response: Relief Package Showdown

Canadian political leaders disagree on how to handle the potential economic fallout of a trade war with the U.S., with Premier Doug Ford advocating for large-scale relief packages while federal Conservative Leader Pierre Poilievre prefers targeted worker relief and tax cuts, using the revenue from c...

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump Tariffs Create Uncertainty in Auto Sector

President Trump's 25% tariff on Canadian auto parts, effective Tuesday, caused immediate uncertainty for the auto industry, but a 30-day reprieve was granted Wednesday; however, the long-term effects remain unclear and the uncertainty is harming businesses and workers.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canada to Eliminate Internal Trade Barriers Amidst US Trade War

Canadian federal, provincial, and territorial governments agreed to a plan to eliminate internal trade barriers, including faster recognition of labor credentials, mutual recognition of regulatory standards for most consumer goods, and quicker direct-to-consumer alcohol sales in some jurisdictions, ...

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40% Bias Score

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cbsnews.com
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Trump Tariffs Trigger Stock Market Drop, Raising 401(k) Concerns

President Trump's new tariffs on imports from Mexico, Canada, and China caused a 3% drop in the S&P 500 this week, sparking concerns about the impact on 401(k) retirement savings and causing uncertainty among businesses due to mixed signals from the administration.

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40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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U.S. Stock Market Rebounds on Tariff Exemption Amid Trade War Fears

The U.S. stock market rose Wednesday after President Trump granted a one-month tariff exemption for automakers, partially offsetting recent losses due to new tariffs and retaliatory measures from trading partners, creating uncertainty and the risk of stagflation.

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52% Bias Score

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bbc.com
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NATO Expansion: Finland and Sweden's Economic Defense Boom

Finland and Sweden's NATO membership, prompted by Russia's invasion of Ukraine, has rapidly boosted their defense sectors, creating new opportunities for businesses and reshaping the security landscape of Northern Europe.

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48% Bias Score

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theglobeandmail.com
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Canada Delays Aid Amidst US Tariffs Uncertainty

Facing 25% US tariffs on most goods, Canada delays aid to affected workers and businesses due to uncertainty over President Trump's trade policies, while economists warn of a potential recession and unemployment rise to 8% if tariffs persist for a year, prompting Quebec and Ontario to prepare indepe...

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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US Tariffs Threaten to Shut Down North American Auto Industry

US President Trump's 25% tariffs on Canadian and Mexican auto parts, coupled with impending metal tariffs, threaten to cost the industry billions and cause widespread plant closures, prompting concerns from Linamar Corp. executive chair Linda Hasenfratz and industry leaders.

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60% Bias Score

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dailymail.co.uk
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UK Government Considers Deal Echoing East India Company's Exploitation

The UK government is considering a deal granting US tech giants access to British national wealth, drawing parallels to the East India Company's exploitation of India; this risks harming the £126 billion creative industries with minimal compensation.

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60% Bias Score

Reduced Inequality

Showing 8,233 to 8,244 of 24,448 results