Tag #Global Economy

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theguardian.com

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Apr 2, 10:18

Trump to Announce New Tariffs, Threatening Global Trade War

President Trump will announce a new round of tariffs on Wednesday afternoon at the White House, potentially triggering a global trade war and prompting immediate retaliatory measures from key trading partners. The president's stated goals include boosting US manufacturing and addressing unfair trade...

Trump to Announce New Tariffs, Threatening Global Trade War

President Trump will announce a new round of tariffs on Wednesday afternoon at the White House, potentially triggering a global trade war and prompting immediate retaliatory measures from key trading partners. The president's stated goals include boosting US manufacturing and addressing unfair trade...

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What are the immediate economic and geopolitical consequences of Trump's latest tariff announcement?

On Wednesday, President Trump will announce a new round of tariffs, potentially sparking a global trade war. The White House claims these tariffs aim to boost domestic manufacturing and counter unfair trade practices. Immediate implementation is planned.

kathimerini.gr

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Apr 2, 10:18

Trump to Unveil Sweeping Tariff Plan on Wednesday

President Trump will unveil a sweeping tariff plan on Wednesday, potentially impacting all countries. The plan follows prior tariff increases on various imports and is expected to include significant changes to trade policy. While the White House has not disclosed specifics, analysts anticipate far-...

Trump to Unveil Sweeping Tariff Plan on Wednesday

President Trump will unveil a sweeping tariff plan on Wednesday, potentially impacting all countries. The plan follows prior tariff increases on various imports and is expected to include significant changes to trade policy. While the White House has not disclosed specifics, analysts anticipate far-...

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What immediate economic impacts will Trump's tariff plan have on American consumers and businesses?

President Trump announced a broad tariff plan but hasn't revealed specifics. He's already raised tariffs on Chinese imports, steel, aluminum, and some Canadian and Mexican products, with auto tariffs expected soon. Details are to be unveiled today, Wednesday, described by the White House as "Liberation Day.",A2=

nrc.nl

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Apr 2, 16:09

Trump Announces Retaliatory Tariffs, Risking Global Trade War

President Trump will announce retaliatory tariffs against countries with which the U.S. has a trade deficit, impacting imports from countries like China and the European Union, potentially triggering a global trade war.

Trump Announces Retaliatory Tariffs, Risking Global Trade War

President Trump will announce retaliatory tariffs against countries with which the U.S. has a trade deficit, impacting imports from countries like China and the European Union, potentially triggering a global trade war.

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What are the potential long-term economic and geopolitical consequences of President Trump's retaliatory tariff policy?

The implementation of these tariffs will likely lead to increased prices for consumers in the US and potentially trigger a global trade war. Retaliatory measures from affected countries are anticipated, leading to uncertainty in financial markets and potentially impacting economic growth negatively. The long-term impacts on global trade and economic stability are uncertain but hold significant risk.

elpais.com

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Apr 2, 22:16

Trump's Tariffs Trigger Uncertainty and Boycotts on Canada-US Border

President Trump's announcement of reciprocal tariffs on April 2nd has created uncertainty in Windsor, Ontario, impacting businesses and individuals, with potential job losses in the auto industry, and prompting a consumer boycott of US goods, potentially leading to a deeper trade war between the US ...

Trump's Tariffs Trigger Uncertainty and Boycotts on Canada-US Border

President Trump's announcement of reciprocal tariffs on April 2nd has created uncertainty in Windsor, Ontario, impacting businesses and individuals, with potential job losses in the auto industry, and prompting a consumer boycott of US goods, potentially leading to a deeper trade war between the US ...

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What are the potential long-term economic and political consequences of this escalating trade dispute between the United States and Canada?

The long-term consequences of Trump's tariff policy remain uncertain, but the current situation suggests a significant deterioration of US-Canada relations, potentially leading to further economic hardship for Canadian citizens and businesses. The political climate in Canada is already being heavily affected, with the upcoming elections heavily influenced by concerns regarding the tariffs and the potential for further economic instability. The current situation reveals the significant economic interdependence of the US and Canada and the vulnerabilities that come from an unpredictable trade relationship.

news.sky.com

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Apr 2, 01:15

Trump's Tariffs: Global Trade War and UK Economic Fallout

President Trump's planned "liberation day" tariffs on April 2nd, including a 25% levy on all imported cars, threaten global trade, particularly impacting the UK's automotive sector, despite ongoing negotiations for a UK-US economic deal; retaliatory tariffs are also being imposed by several nations.

Trump's Tariffs: Global Trade War and UK Economic Fallout

President Trump's planned "liberation day" tariffs on April 2nd, including a 25% levy on all imported cars, threaten global trade, particularly impacting the UK's automotive sector, despite ongoing negotiations for a UK-US economic deal; retaliatory tariffs are also being imposed by several nations.

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What are the immediate economic consequences of President Trump's tariff policies on global trade and the UK?

President Trump's use of tariffs as a trade weapon has led to increased prices for consumers and damaged foreign economies. The 25% tariff on cars imported to the US will significantly impact the UK's automotive sector, which exported \$6.4 billion worth of cars to the US in 2023. Retaliatory tariffs from other countries, including China and Canada, are also impacting global trade.

spanish.china.org.cn

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Apr 2, 10:18

China, EU urged to unite against US protectionism amid new tariffs

Amidst rising US protectionism, China and the EU are urged to collaborate for free trade; China's business delegation visited Sweden, Norway, and Hungary to boost economic ties, while the US imposed 25% tariffs on imported cars, impacting global trade.

China, EU urged to unite against US protectionism amid new tariffs

Amidst rising US protectionism, China and the EU are urged to collaborate for free trade; China's business delegation visited Sweden, Norway, and Hungary to boost economic ties, while the US imposed 25% tariffs on imported cars, impacting global trade.

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How are China and the EU responding to rising US protectionism and its impact on global trade?

Facing unilateral pressure from the US, government officials and business leaders urge China and the EU to unite for free trade, countering rising protectionism. China's business delegation visits Sweden, Norway, and Hungary to deepen economic cooperation and explore business opportunities, while simultaneously participating in a trilateral meeting with Japan and South Korea, resuming talks after a five-year pause.

elpais.com

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Apr 2, 10:18

Trump Announces Sweeping New Tariffs, Sparking Fears of Global Recession

President Trump announced on Wednesday a new round of tariffs averaging over 20% on imported goods, targeting countries selling more to the US than they buy, potentially impacting global growth and increasing inflation within the US.

Trump Announces Sweeping New Tariffs, Sparking Fears of Global Recession

President Trump announced on Wednesday a new round of tariffs averaging over 20% on imported goods, targeting countries selling more to the US than they buy, potentially impacting global growth and increasing inflation within the US.

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What are the stated goals of Trump's tariff policy, and how compatible are these objectives with each other?

This action marks a significant escalation of protectionist trade policies, reminiscent of the disastrous Smoot-Hawley tariffs of 1930. Unlike reciprocal tariffs, Trump's approach seems arbitrary, prioritizing domestic interests above global trade regulations and established agreements, such as the USMCA.

europe.chinadaily.com.cn

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Apr 2, 10:18

US Imposes Sweeping Tariffs, Risking Economic Slowdown

On Wednesday, President Trump initiated reciprocal tariffs on all countries imposing taxes on American goods, followed by a sweeping 25 percent tariff on all US imports, potentially increasing car prices by \$3,000 to \$5,000 and negatively impacting consumer confidence and economic growth.

US Imposes Sweeping Tariffs, Risking Economic Slowdown

On Wednesday, President Trump initiated reciprocal tariffs on all countries imposing taxes on American goods, followed by a sweeping 25 percent tariff on all US imports, potentially increasing car prices by \$3,000 to \$5,000 and negatively impacting consumer confidence and economic growth.

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What are the immediate economic consequences of the newly imposed US tariffs?

President Trump's "Liberation Day" on Wednesday marks the start of reciprocal tariffs on all countries taxing American goods, followed by a 25 percent tariff on all US imports. This is expected to increase car prices by \$3,000 to \$5,000 and significantly impact various sectors, ultimately raising prices for American families.

bbc.com

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Apr 2, 22:16

Top Russian Official Visits Washington Amid Ukraine War, Tariff Threats

Russian economic envoy Kirill Dmitriev is meeting with US officials in Washington this week to discuss the Ukraine conflict, amid President Trump's threats of economic sanctions against Russia, including a potential 50% tariff on countries importing Russian oil, if a ceasefire is not reached soon.

Top Russian Official Visits Washington Amid Ukraine War, Tariff Threats

Russian economic envoy Kirill Dmitriev is meeting with US officials in Washington this week to discuss the Ukraine conflict, amid President Trump's threats of economic sanctions against Russia, including a potential 50% tariff on countries importing Russian oil, if a ceasefire is not reached soon.

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How do President Trump's recent statements and actions affect the ongoing negotiations between the US and Russia regarding the Ukraine war?

Dmitriev's visit, despite Trump's anger towards Putin and threats of tariffs, signals continued diplomatic efforts to resolve the Ukraine war. Trump's aggressive stance, however, adds uncertainty to the negotiations and risks escalating trade tensions. The high-level meeting underscores the global significance of the conflict and the economic pressure being applied.

npr.org

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Apr 2, 01:15

Record Number of Billionaires in 2024: A $2 Trillion Surge

Forbes' 2024 list of the world's billionaires reached a record 3,028 individuals, representing a $2 trillion increase in net worth compared to the previous year, highlighting growing wealth concentration and prompting discussions on economic inequality.

Record Number of Billionaires in 2024: A $2 Trillion Surge

Forbes' 2024 list of the world's billionaires reached a record 3,028 individuals, representing a $2 trillion increase in net worth compared to the previous year, highlighting growing wealth concentration and prompting discussions on economic inequality.

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What are the key factors contributing to the record number of billionaires in 2024 and what are the immediate societal implications?

Forbes' 35th annual list of billionaires reveals a record 3,028 individuals, signifying a $2 trillion increase in collective wealth compared to the previous year. This unprecedented number reflects a significant rise in global wealth concentration.

elmundo.es

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Apr 2, 04:14

US Imposes Tariffs on EU, Sparking Trade War

The Trump administration imposed tariffs on the EU on April 2nd, targeting Germany, Ireland, and Italy to "rebalance" a trade deficit seen as a result of the EU's perceived trade superiority, demonstrating a shift away from global trade norms.

US Imposes Tariffs on EU, Sparking Trade War

The Trump administration imposed tariffs on the EU on April 2nd, targeting Germany, Ireland, and Italy to "rebalance" a trade deficit seen as a result of the EU's perceived trade superiority, demonstrating a shift away from global trade norms.

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What are the potential long-term consequences of this trade war, and how might it impact both US and EU agricultural sectors?

The long-term consequences of this trade war remain uncertain. However, the disruption caused by unpredictable tariffs, coupled with the loss of essential USDA employees, points to potential instability in agricultural markets. The negative reactions from US agricultural groups themselves suggest considerable uncertainty and apprehension.

smh.com.au

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Apr 2, 10:18

Trump's Tariffs Hit Australian Exports

US President Donald Trump announced new tariffs on April 2nd, potentially impacting $7.1 billion of Australian agricultural exports to the US, while Australia has chosen not to retaliate.

Trump's Tariffs Hit Australian Exports

US President Donald Trump announced new tariffs on April 2nd, potentially impacting $7.1 billion of Australian agricultural exports to the US, while Australia has chosen not to retaliate.

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Why is Trump imposing these tariffs and what are his stated objectives?

Trump's tariffs aim to protect US industries and increase revenue by making imports more expensive for US consumers. While impacting Australian agricultural exports, the overall effect on the Australian economy is likely to be limited due to the relatively small proportion of total exports destined for the US. However, indirect effects from reduced demand by major US trading partners are possible.

Showing 1,705 to 1,716 of 2,734 results