Tag #Global Economy

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edition.cnn.com

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Apr 15, 19:16

Trump's Section 232 Tariffs Risk US Economic Slowdown

President Trump's continued use of Section 232 to impose tariffs on various sectors, including copper, lumber, pharmaceuticals, and semiconductors, risks slowing US economic growth and increasing inflation, despite some exemptions and exclusions, as new domestic production capacity lags.

Trump's Section 232 Tariffs Risk US Economic Slowdown

President Trump's continued use of Section 232 to impose tariffs on various sectors, including copper, lumber, pharmaceuticals, and semiconductors, risks slowing US economic growth and increasing inflation, despite some exemptions and exclusions, as new domestic production capacity lags.

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What are the immediate economic consequences of President Trump's continued use of Section 232 to impose tariffs?

President Trump's use of Section 232 to impose tariffs, while aiming to bolster domestic industries, risks harming US businesses and consumers by raising prices and slowing economic activity. The administration has granted exemptions for some products, like smartphones, but plans to investigate critical minerals and semiconductors, potentially exacerbating inflation and economic uncertainty.

forbes.com

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Apr 15, 16:11

Trump Tariffs, Recession Fears, and Bitcoin's Unexpected Rise

Ray Dalio warned of a potential recession worse than 2008 due to President Trump's tariffs weakening the U.S. dollar, yet Bitcoin's price has risen despite 40-60% recession odds, with some analysts viewing a recession as a potential catalyst for its price increase.

Trump Tariffs, Recession Fears, and Bitcoin's Unexpected Rise

Ray Dalio warned of a potential recession worse than 2008 due to President Trump's tariffs weakening the U.S. dollar, yet Bitcoin's price has risen despite 40-60% recession odds, with some analysts viewing a recession as a potential catalyst for its price increase.

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How do the predictions of a potential recession and the current strength of Bitcoin relate to each other?

Trump's tariffs, reaching up to 145% on some Chinese goods, have sparked a global trade war, weakening the U.S. dollar and fueling recession fears. This economic uncertainty, however, is viewed by some, including BlackRock's head of digital assets, as a potential catalyst for bitcoin price increases due to historical responses to recessions involving increased government spending and monetary stimulus.

forbes.com

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Apr 15, 16:11

Global Economic Shifts: Billionaire Wealth, Corporate Investments, and Tariff Impacts

Forbes' latest World's Billionaires List reveals a record 3,028 billionaires with a combined net worth of \$16.1 trillion, while Nvidia invests in supercomputer factories, U.S. automakers see stock gains due to tariff relief hints, and Boeing faces setbacks due to Chinese retaliation against tariffs...

Global Economic Shifts: Billionaire Wealth, Corporate Investments, and Tariff Impacts

Forbes' latest World's Billionaires List reveals a record 3,028 billionaires with a combined net worth of \$16.1 trillion, while Nvidia invests in supercomputer factories, U.S. automakers see stock gains due to tariff relief hints, and Boeing faces setbacks due to Chinese retaliation against tariffs...

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How do government policies, such as tariffs, impact specific industries and the overall economy?

Global economic shifts are evident in the record number of billionaires and major corporate investments. Tariffs significantly impact industries like auto manufacturing, showcasing the interconnectedness of global trade and politics. The rise of tech companies like Nvidia illustrates technological advancements' economic implications.

cincodias.elpais.com

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Apr 15, 10:11

BBVA Sounds Alarm on Trump's Trade Policies, Mexican Exposure

BBVA warns of economic risks stemming from Trump's trade policies, citing potential inflation, decreased growth, and impacts on its substantial Mexican operations (54.2% of 2024 profits), while also expressing concern over interest rate adjustments in the US, Eurozone, and China.

BBVA Sounds Alarm on Trump's Trade Policies, Mexican Exposure

BBVA warns of economic risks stemming from Trump's trade policies, citing potential inflation, decreased growth, and impacts on its substantial Mexican operations (54.2% of 2024 profits), while also expressing concern over interest rate adjustments in the US, Eurozone, and China.

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What are the immediate economic consequences of Donald Trump's trade policies, as assessed by BBVA?

BBVA, Spain's largest bank, warns of potential inflationary pressures and weakened economic growth due to Donald Trump's trade policies, particularly impacting its significant Mexican operations (54.2% of 2024 profits). Increased tariffs and stricter immigration controls are cited as key concerns.

theglobeandmail.com

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Apr 15, 04:10

Alberta Oil Industry Shows Resilience Amidst Global Market Uncertainty

Alberta's oil industry shows resilience amidst falling oil prices (US\$61-62/barrel), contrasting with struggling U.S. shale producers; strong balance sheets and lower costs buffer Canadian companies against market fluctuations, although global recession risks remain.

Alberta Oil Industry Shows Resilience Amidst Global Market Uncertainty

Alberta's oil industry shows resilience amidst falling oil prices (US\$61-62/barrel), contrasting with struggling U.S. shale producers; strong balance sheets and lower costs buffer Canadian companies against market fluctuations, although global recession risks remain.

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What is the immediate impact of the recent oil price drop on Alberta's oil industry, and how does this compare to previous downturns?

Despite recent oil price drops to US\$61-62 per barrel, Alberta's oil industry remains relatively stable due to strong balance sheets, lower break-even costs, and a narrow price differential between Canadian and U.S. oil. Companies are not planning major cutbacks, unlike past downturns.

usa.chinadaily.com.cn

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Apr 15, 04:10

China Diversifies Trade, Deepens Ties with EU and ASEAN Amidst US Tariff Uncertainty

Facing US tariff hikes, China's Q1 2024 foreign trade grew 1.3 percent year-on-year to \$1.41 trillion; it's deepening ties with the EU and ASEAN, while companies like Ningbo Corelead are adopting global production strategies to reduce reliance on the US market.

China Diversifies Trade, Deepens Ties with EU and ASEAN Amidst US Tariff Uncertainty

Facing US tariff hikes, China's Q1 2024 foreign trade grew 1.3 percent year-on-year to \$1.41 trillion; it's deepening ties with the EU and ASEAN, while companies like Ningbo Corelead are adopting global production strategies to reduce reliance on the US market.

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What is the immediate impact of US tariff policies on China's trade strategy and its first-quarter performance?

China's foreign trade grew 1.3 percent year-on-year in the first quarter of 2024, reaching \$1.41 trillion despite US tariff policies. To mitigate risks from US volatility, China is deepening trade ties with the EU and ASEAN, increasing cooperation on areas such as electric vehicle pricing and automotive investment.

bbc.com

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Apr 15, 19:16

US Tariffs Cripple Chinese Exports

US tariffs of up to 145% on Chinese goods have caused significant disruptions to Chinese exporters, with many reporting cancelled or delayed US orders impacting 60-70% of their businesses, highlighting the economic reliance on the US market.

US Tariffs Cripple Chinese Exports

US tariffs of up to 145% on Chinese goods have caused significant disruptions to Chinese exporters, with many reporting cancelled or delayed US orders impacting 60-70% of their businesses, highlighting the economic reliance on the US market.

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How are Chinese exporters responding to the US tariffs, and what are the challenges they face in adapting to this situation?

The US tariffs are significantly impacting Chinese exports, particularly impacting companies heavily reliant on the US market. The reduced US demand is a critical blow to China's economy, which relies heavily on its trade surplus. While other countries face lower tariffs, the overall impact on global demand is expected to negatively affect Chinese exports indirectly.

sueddeutsche.de

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Apr 15, 19:16

China's Economic Dominance in Asia and the Global South

Chinese brands dominate India's mobile market due to affordability, while the US struggles to compete with Asia's lower manufacturing costs; intra-Asian trade now comprises 60% of total trade volume, signaling a global economic shift towards the East.

China's Economic Dominance in Asia and the Global South

Chinese brands dominate India's mobile market due to affordability, while the US struggles to compete with Asia's lower manufacturing costs; intra-Asian trade now comprises 60% of total trade volume, signaling a global economic shift towards the East.

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How do intra-Asian trade dynamics, specifically within ASEAN, contribute to the shift in global economic power, and what role do pricing strategies play?

The shift in global trade towards Asia, particularly within the Asian bloc, is driven by lower manufacturing costs in countries like India and China. This is exemplified by the prevalence of Chinese-made vehicles and technology throughout Asia, indicating a significant economic shift and competitive disadvantage for Western manufacturers.

euronews.com

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Apr 15, 07:10

Temporary US Electronics Tariff Exemption Spurs Market Rally, but Uncertainty Remains

The White House temporarily exempted electronics from reciprocal tariffs, prompting a surge in the euro and positive reactions in European and Asian stock markets; however, President Trump indicated that this exemption is temporary, creating uncertainty.

Temporary US Electronics Tariff Exemption Spurs Market Rally, but Uncertainty Remains

The White House temporarily exempted electronics from reciprocal tariffs, prompting a surge in the euro and positive reactions in European and Asian stock markets; however, President Trump indicated that this exemption is temporary, creating uncertainty.

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What is the immediate market impact of the temporary exemption of electronics from US reciprocal tariffs?

The White House temporarily exempted electronics from reciprocal tariffs, causing the euro to rise against the dollar and European stock markets to anticipate a higher opening. However, President Trump hinted that this exemption might be short-lived, creating market uncertainty.

dw.com

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Apr 15, 13:16

Indonesia's Hilirisasi Boosts Exports Amidst Developed Nation Opposition

Indonesia's downstream processing policy, particularly its nickel hilirisasi, has boosted export revenue to US$34-35 billion in 2023-2024 from US$3.3 billion in 2018-2019, prompting opposition from developed nations due to disrupted supply chains. President Prabowo Subianto plans to expand this to 2...

Indonesia's Hilirisasi Boosts Exports Amidst Developed Nation Opposition

Indonesia's downstream processing policy, particularly its nickel hilirisasi, has boosted export revenue to US$34-35 billion in 2023-2024 from US$3.3 billion in 2018-2019, prompting opposition from developed nations due to disrupted supply chains. President Prabowo Subianto plans to expand this to 2...

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How does Indonesia's hilirisasi strategy aim to achieve economic sovereignty and create new growth areas?

Developed countries oppose Indonesia's downstream processing roadmap because it reduces their access to raw materials. Indonesia's plan to process 28 commodities aims to bolster its economic sovereignty and create new economic growth regions, as exemplified by the substantial increase in nickel export revenue.

dw.com

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Apr 15, 04:10

EU Suspends Retaliatory Tariffs on US Goods for 90 Days

The European Union temporarily suspended €21 billion in retaliatory tariffs against the US for 90 days, starting April 15th, to negotiate a solution to a trade dispute over tariffs on steel and aluminum, following a similar 90-day delay by the US.

EU Suspends Retaliatory Tariffs on US Goods for 90 Days

The European Union temporarily suspended €21 billion in retaliatory tariffs against the US for 90 days, starting April 15th, to negotiate a solution to a trade dispute over tariffs on steel and aluminum, following a similar 90-day delay by the US.

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What immediate action did the EU take regarding the US tariffs, and what is the timeframe for this action?

The European Union (EU) has temporarily suspended retaliatory tariffs on US goods worth €21 billion, initially planned for April 15th, to allow for 90 days of negotiations. This follows a similar 90-day delay by the US on tariffs against EU steel and aluminum. The EU maintains that the US tariffs are unjustified and harmful.

theglobeandmail.com

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Apr 15, 13:16

Trump's Tariff Hints Spark Mixed Market Reaction Amidst Uncertainty

President Trump's suggestion of auto tariff exemptions boosted U.S. stock index futures slightly on Tuesday, but investigations into pharmaceutical and semiconductor imports and a general uncertainty over U.S. trade policy caused market volatility, with the S&P 500 down 8.1% this year, the Dow Jones...

Trump's Tariff Hints Spark Mixed Market Reaction Amidst Uncertainty

President Trump's suggestion of auto tariff exemptions boosted U.S. stock index futures slightly on Tuesday, but investigations into pharmaceutical and semiconductor imports and a general uncertainty over U.S. trade policy caused market volatility, with the S&P 500 down 8.1% this year, the Dow Jones...

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What are the long-term implications of the current unpredictable U.S. trade policies on the U.S. and global economy?

The inconsistent policy shifts create significant challenges for businesses, consumers, and investors. Companies face difficulties planning for the future, consumers struggle with fluctuating prices, and investors grapple with increased market volatility. The situation may worsen if further unpredictable changes in trade policy occur, possibly impacting the overall U.S. and global economic outlook negatively.

Showing 313 to 324 of 1,810 results