Tag #Global Economy

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us.cnn.com

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Jul 28, 04:10

US and EU Avert Trade War with 15% Tariff Agreement

The US and EU reached a trade deal, averting a damaging trade war by agreeing to a 15% tariff on most European goods, significantly less than Trump's initial 50% threat, while maintaining zero tariffs on specific items, like aircraft parts and semiconductors, and securing a large European investment...

US and EU Avert Trade War with 15% Tariff Agreement

The US and EU reached a trade deal, averting a damaging trade war by agreeing to a 15% tariff on most European goods, significantly less than Trump's initial 50% threat, while maintaining zero tariffs on specific items, like aircraft parts and semiconductors, and securing a large European investment...

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What immediate economic consequences resulted from the US-EU trade agreement, and how significant are they globally?

The US and EU averted a full-blown trade war, settling on a 15% tariff on most European goods entering the US. This is higher than previous tariffs but significantly lower than Trump's initial 50% threat. The deal includes zero tariffs on certain items like aircraft parts and semiconductors, and Europe pledged increased investment in the US.

usa.chinadaily.com.cn

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Jul 28, 07:13

US-China Trade Talks: Sweden Meeting Aims for De-escalation

High-level US-China trade talks resume in Sweden, aiming for de-escalation and mutually beneficial cooperation before an August 12 tariff deadline, with global economic stability at stake.

US-China Trade Talks: Sweden Meeting Aims for De-escalation

High-level US-China trade talks resume in Sweden, aiming for de-escalation and mutually beneficial cooperation before an August 12 tariff deadline, with global economic stability at stake.

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How do the broader global economic consequences of the US-China trade dispute influence these negotiations?

This meeting holds global significance, as the US and China's economic relationship impacts the world economy. The World Bank recently lowered its 2025 global growth forecast due to trade tensions and policy uncertainty. A successful outcome would offer stability to global markets and businesses.

lexpress.fr

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Jul 28, 10:12

US-China Trade Talks Yield Partial Progress, Truce Extension Expected

US and China held a third round of trade talks in Stockholm, aiming to extend the 90-day truce reached in May and avoid further tariff increases; while a full agreement remains elusive, progress was made on several key issues, indicating a willingness to continue negotiations.

US-China Trade Talks Yield Partial Progress, Truce Extension Expected

US and China held a third round of trade talks in Stockholm, aiming to extend the 90-day truce reached in May and avoid further tariff increases; while a full agreement remains elusive, progress was made on several key issues, indicating a willingness to continue negotiations.

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What immediate impact will the outcome of the Stockholm trade talks have on US-China trade relations and global markets?

US-China trade talks in Stockholm aim to extend a 90-day truce, averting further tariff escalation. While no comprehensive agreement is reached, progress is made on key issues like rare earth exports and semiconductor access. This follows similar talks in Geneva and London, temporarily easing trade tensions.

bbc.com

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Jul 28, 10:12

EU and US Reach Customs Agreement, Settling Tariff Dispute

The EU and US reached a framework agreement on July 27, 2025, resolving a customs dispute; the EU will now face a 15% US tariff instead of 30%, impacting various exports, while the US sees this as a significant trade victory.

EU and US Reach Customs Agreement, Settling Tariff Dispute

The EU and US reached a framework agreement on July 27, 2025, resolving a customs dispute; the EU will now face a 15% US tariff instead of 30%, impacting various exports, while the US sees this as a significant trade victory.

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What were the key negotiating points and compromises reached between the EU and US in this customs agreement?

The agreement significantly alters the EU-US trade relationship, reducing tariffs but leaving some higher than the UK's. The EU's decision reflects a balancing act: mitigating economic risks of a trade war with the world's largest economy alongside concerns about US security commitments. The deal also includes significant future purchases of US energy and military equipment by the EU.

welt.de

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Jul 28, 01:11

US and EU Avert Trade War with 15% Tariff Deal

The US and EU reached a trade agreement on Sunday, settling on a 15% tariff on EU imports, averting a potential trade war but significantly increasing tariffs compared to pre-Trump levels. The agreement, reached at Trump's Turnberry golf club, follows months of tense negotiations and concludes after...

US and EU Avert Trade War with 15% Tariff Deal

The US and EU reached a trade agreement on Sunday, settling on a 15% tariff on EU imports, averting a potential trade war but significantly increasing tariffs compared to pre-Trump levels. The agreement, reached at Trump's Turnberry golf club, follows months of tense negotiations and concludes after...

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What is the immediate impact of the US-EU trade deal, and what are its global implications?

After over 100 days of negotiations, the US and EU reached a deal to avoid a trade war, settling on a 15% tariff on EU imports into the US. This concludes months of tense negotiations marked by Trump's shifting demands and threats of much higher tariffs.", "The agreement, reached at Trump's Turnberry golf club, averts a potentially devastating trade war but imposes significantly higher tariffs than previously in place. Trump secured this deal by threatening 30% tariffs and leveraging the EU's desire to avoid trade conflict.", "This deal represents a significant increase in tariffs compared to pre-Trump levels (around 2%). While avoiding an immediate trade war, the 15% tariff will negatively impact EU exports to the US, particularly impacting Germany's growth by 0.13 percentage points annually, according to the Kiel Institute for the World Economy.

elpais.com

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Jul 28, 10:12

EU-US Trade Deal: 15% Tariff, Minimal Impact on Spain, Sectoral Variations

The EU and US reached a trade deal with a 15% tariff on EU exports to the US, minimizing the impact on Spain's overall economy (5% of exports) but affecting specific sectors like agriculture and machinery.

EU-US Trade Deal: 15% Tariff, Minimal Impact on Spain, Sectoral Variations

The EU and US reached a trade deal with a 15% tariff on EU exports to the US, minimizing the impact on Spain's overall economy (5% of exports) but affecting specific sectors like agriculture and machinery.

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What is the immediate economic impact of the EU-US trade agreement on Spain, considering the 15% tariff and Spain's export profile?

The EU agreed to a 15% tariff on its exports to the US, concluding a trade dispute. This impacts Spain minimally, as only 5% of its exports go to the US. However, sectors like agriculture (wine, olive oil), and machinery will be more affected.

kathimerini.gr

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Jul 28, 13:17

US-EU Trade Deal Averts Tariff War, Includes Substantial EU Commitments

The US and EU finalized a trade deal Sunday, averting an August 1st tariff deadline. The deal imposes a 15% tariff on most EU goods entering the US, with exceptions, and includes significant EU commitments to purchase US energy and military equipment. Negotiations with China will follow.

US-EU Trade Deal Averts Tariff War, Includes Substantial EU Commitments

The US and EU finalized a trade deal Sunday, averting an August 1st tariff deadline. The deal imposes a 15% tariff on most EU goods entering the US, with exceptions, and includes significant EU commitments to purchase US energy and military equipment. Negotiations with China will follow.

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What are the immediate consequences of the US-EU trade agreement, and how does it impact global trade relations?

The US and EU reached a trade agreement on Sunday, averting a tariff war. Most EU goods entering the US will face a 15% tariff, but some items like aircraft and certain agricultural products will be exempt. The agreement also includes EU commitments to purchase significant amounts of US LNG and military equipment.

faz.net

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Jul 28, 01:11

EU Agrees to 15% Tariff on US Exports in Major Trade Deal

The EU and US agreed to a trade deal, with the EU accepting a 15 percent tariff on most exports to the US, including autos, in exchange for increased energy purchases, investments, and tariff reductions on US goods, aiming to resolve long-standing trade conflicts.

EU Agrees to 15% Tariff on US Exports in Major Trade Deal

The EU and US agreed to a trade deal, with the EU accepting a 15 percent tariff on most exports to the US, including autos, in exchange for increased energy purchases, investments, and tariff reductions on US goods, aiming to resolve long-standing trade conflicts.

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What are the immediate economic consequences of the EU-US trade deal, particularly concerning tariffs on autos and other key sectors?

The EU and the US reached a deal to mitigate their trade conflict, with the EU agreeing to pay a 15 percent tariff on most exports to the US, impacting autos which already faced a 27.5 percent tariff. This deal, touted by Trump as the largest ever, aims to resolve the conflict long-term, providing stability and planning certainty for businesses.

usa.chinadaily.com.cn

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Jul 28, 07:13

China's AI Push: Economic and Technological Implications

China's rapid AI integration across sectors is boosting its technological competitiveness, creating investment opportunities, and leveraging its large market and talent pool; Goldman Sachs predicts a \$7 trillion global GDP increase from generative AI breakthroughs over 10 years.

China's AI Push: Economic and Technological Implications

China's rapid AI integration across sectors is boosting its technological competitiveness, creating investment opportunities, and leveraging its large market and talent pool; Goldman Sachs predicts a \$7 trillion global GDP increase from generative AI breakthroughs over 10 years.

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Industry, Innovation, and Infrastructure

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How does China's unique market structure and talent pool contribute to its AI leadership?

China's vast market, strong engineering talent, and innovative ecosystem facilitate the rapid translation of AI research into industrial applications. This is further enhanced by its substantial manufacturing base and large consumer market, creating unique advantages for AI development and deployment, as highlighted by Zhu Min's comments at the Summer Davos.

nrc.nl

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Jul 28, 01:11

US and EU Agree to Trade Deal, Implementing 15% Tariff

US President Trump and European Commission President Von der Leyen reached a trade agreement in Scotland, implementing a 15 percent tariff on most European goods, with the EU committing to \$750 billion in US energy purchases and \$600 billion in US investments over three years, averting a potential...

US and EU Agree to Trade Deal, Implementing 15% Tariff

US President Trump and European Commission President Von der Leyen reached a trade agreement in Scotland, implementing a 15 percent tariff on most European goods, with the EU committing to \$750 billion in US energy purchases and \$600 billion in US investments over three years, averting a potential...

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How does the agreement address the threat of a broader trade war between the US and the EU?

This agreement avoids a potential 30 percent tariff on European goods, preventing a major trade war. While both leaders hailed it as a significant deal, details remain unclear, including specific sectors excluded from the 15 percent tariff. Von der Leyen mentioned exceptions for aircraft parts, chemicals, and agricultural products, but the situation regarding pharmaceutical products remains uncertain.

forbes.com

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Jul 28, 01:11

Trump, Von Der Leyen Reach Trade Deal, but 15% Tariff Remains

President Trump and E.U. President von der Leyen reached a deal Sunday to avoid 30% tariffs on U.S. imports from the E.U., but a 15% tariff on most imports remains, impacting various sectors including pharmaceuticals, and leaving details unclear.

Trump, Von Der Leyen Reach Trade Deal, but 15% Tariff Remains

President Trump and E.U. President von der Leyen reached a deal Sunday to avoid 30% tariffs on U.S. imports from the E.U., but a 15% tariff on most imports remains, impacting various sectors including pharmaceuticals, and leaving details unclear.

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Reduced Inequality

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What are the immediate economic consequences of the Trump-von der Leyen trade deal for U.S. consumers and businesses?

President Trump and European Union President Ursula von der Leyen reached a deal to avoid 30% tariffs on U.S. imports from the E.U., averting a potential trade war. However, details remain unclear, with reports suggesting a 15% tariff on most U.S. imports from the E.U., impacting various sectors.

cnnespanol.cnn.com

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Jul 28, 10:12

US and EU Avert Trade War With 15% Tariff Agreement

The US and EU reached a trade agreement, averting a potential trade war by imposing a 15% tariff on most European products, exceeding prior tariffs but significantly lower than initially threatened, with Europe committing to $600 billion in US investments and $750 billion in energy purchases.

US and EU Avert Trade War With 15% Tariff Agreement

The US and EU reached a trade agreement, averting a potential trade war by imposing a 15% tariff on most European products, exceeding prior tariffs but significantly lower than initially threatened, with Europe committing to $600 billion in US investments and $750 billion in energy purchases.

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What factors contributed to the initial deadlock in negotiations, and how was a compromise ultimately reached?

The agreement, reached after tense negotiations and a last-minute threat by Trump to end talks, reflects a compromise between escalating trade tensions and the need for economic stability. European leaders acted swiftly to secure a deal after Trump's aggressive stance, emphasizing the importance of avoiding a full-blown trade war. The deal includes a $600 billion investment boost from Europe to the US and $750 billion in energy purchases.

Showing 193 to 204 of 2,734 results