Tag #Global Economy

theguardian.com
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Trump Threatens EU Tariffs After Mexico Pause

Donald Trump threatened to impose tariffs on the EU after targeting Canada, Mexico, and China; a one-month pause on Mexican tariffs was announced, but the EU and UK face uncertainty. The US has large trade deficits with the EU and China, but a more balanced relationship with the UK.

Progress

36% Bias Score

Reduced Inequality
zeit.de
🌐 90% Global Worthiness
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EU Prepares for Trade War with US

The EU is preparing for a potential trade war with the US after President Trump announced new tariffs on imports from Mexico, Canada, and China, prompting EU leaders to threaten retaliatory tariffs, highlighting the economic risks for both sides and the potential benefit for China.

Progress

36% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Trump Tariffs Trigger Global Market Losses

President Trump announced new tariffs on imports from Mexico, Canada, and China, causing major losses on Wall Street and fears of a global trade war; the Dow fell over 600 points, the S&P 500 dropped 1.72%, and the Nasdaq lost 2.03%; European markets also experienced significant declines.

Progress

44% Bias Score

Decent Work and Economic Growth
nbcnews.com
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Trump's Tariffs Spark Global Trade War Fears

President Trump imposed 25% tariffs on Canadian and Mexican goods and 10% on Chinese goods, prompting alarm from allies and economists who predict higher consumer prices and potential global trade war escalation; some tariffs on Mexico have been temporarily suspended.

Progress

56% Bias Score

Reduced Inequality
cnbc.com
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Trump's Tariffs Spark Global Trade War Fears

President Trump announced hefty tariffs on goods from Canada (25%), Mexico (25%), and China (10%), prompting immediate retaliatory tariffs from Canada and fears of further escalation; the move is expected to slow global growth and increase consumer prices.

Progress

48% Bias Score

Decent Work and Economic Growth
arabic.cnn.com
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Trump Imposes Tariffs on Mexico, Canada, and China, Sparking Global Trade Tensions

President Trump announced 25% tariffs on all Mexican imports and most Canadian goods, and 10% on some Chinese goods, starting Tuesday to curb illegal immigration and fentanyl; Canada, Mexico, and China threatened retaliation, while European leaders expressed concerns about escalating trade wars.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 90% Global Worthiness
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Trump Imposes Sweeping Tariffs, Faces Backlash

President Trump announced sweeping tariffs on Mexico, Canada, and China, starting Tuesday (except for goods already in transit), causing market turmoil and prompting a one-month pause with Mexico, conditional on enhanced border security; economists predict significant negative economic consequences ...

Progress

48% Bias Score

Reduced Inequality
jpost.com
🌐 90% Global Worthiness
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Trump Pauses Mexico Tariffs After Border Security Deal

President Trump temporarily suspended new tariffs on Mexico for one month after Mexico agreed to deploy 10,000 National Guard troops to its northern border to combat illegal drug trafficking; further negotiations are planned.

Progress

60% Bias Score

Reduced Inequality
cincodias.elpais.com
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Trump Tariffs Trigger Global Market Crash, Bitcoin Plunges

Trump's new tariffs on imports from Mexico, Canada, and China caused global stock market drops and a significant Bitcoin price decline of over 15% from its all-time high, although a subsequent delay on Mexican tariffs led to some market recovery; other cryptocurrencies also experienced double-digit ...

Progress

52% Bias Score

Reduced Inequality
dw.com
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Trump Imposes Unprecedented Tariffs on Major Trading Partners, Sparking Global Market Turmoil

President Trump imposed new tariffs on Canada, Mexico, and China starting February 4th, 2024, impacting various sectors including energy and automobiles, leading to immediate market declines and counter-tariff announcements from affected countries. Mexico received a temporary reprieve.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 90% Global Worthiness
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Trump Imposes Sweeping Tariffs, Sparking Trade War Fears

President Trump invoked the International Emergency Economic Powers Act to impose tariffs totaling roughly \$900 billion on imports from Mexico, Canada, and China, citing illegal immigration and drug trafficking as justification; economists warn of significant negative economic consequences, includi...

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
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Trump's Trade War Threat Triggers Global Market Sell-Off

President Trump initiated a trade war, imposing 25% tariffs on Canadian imports (except energy, which is 10%), 10% on Chinese imports, and a one-month reprieve for Mexico, causing immediate global market sell-offs as investors react to the uncertainty.

Progress

36% Bias Score

Reduced Inequality