Tag #Global Trade

taz.de
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Canada Threatens Retaliatory Tariffs Amidst Trump's Protectionist Trade Policies

Two days after Donald Trump's inauguration, Canada threatened retaliatory tariffs against potential unfair U.S. tariffs on Canadian and Mexican imports, potentially escalating into a global trade conflict, as economists warn of negative impacts for all parties.

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56% Bias Score

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bbc.com
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EU Proposes Pan-European Customs Area to Ease Post-Brexit Trade with UK

EU trade chief Maros Sefcovic proposed exploring a pan-European customs area with the UK, potentially through the Pan-Euro-Mediterranean Convention (PEM), to reduce post-Brexit trade friction; the UK government is consulting businesses on this matter, while the EU also seeks progress on veterinary a...

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20% Bias Score

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theglobeandmail.com
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Smithfield Foods Targets $10.73 Billion Valuation in Landmark IPO

Smithfield Foods, the largest U.S. pork processor, is targeting a $10.73 billion valuation in its New York IPO, its largest since 2021, raising up to $939.6 million by offering 17.4 million shares priced between $23 and $27; the company plans to reduce pig production by 21% in 2024 compared to this ...

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40% Bias Score

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theglobeandmail.com
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Trump's Trade Focus: Challenges and Opportunities for Canada

President Trump's second term begins with an executive order to investigate America's trade deficits, potentially using tariffs, creating challenges and opportunities for Canada which ran a US$41-billion trade surplus with the U.S. in 2023, but this surplus largely disappears if energy exports are e...

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44% Bias Score

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french.china.org.cn
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US Tariffs on China: Inflationary Risks and China's Response

Economists predict that the US's planned massive tariffs on Chinese goods will increase inflation and slow US economic growth, while China plans measured policy responses to boost domestic demand and maintain its 5% GDP growth target in 2025.

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48% Bias Score

Reduced Inequality
news.sky.com
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Trump Threatens to Reclaim Panama Canal

President Trump vowed to "take back" the Panama Canal from Panama, citing unfair fees and Chinese influence, prompting Panama's president to reaffirm Panamanian sovereignty over the canal.

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60% Bias Score

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africa.chinadaily.com.cn
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Chinese Manufacturers Diversify Amid Potential US Tariff Hikes

Facing potential US tariff increases, Chinese manufacturers are actively diversifying their export markets, focusing on emerging economies and product innovation, as evidenced by a record \$205.2 billion trade value with Vietnam in 2024 and companies expanding into Southeast Asia and Africa.

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44% Bias Score

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us.cnn.com
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Trump Threatens 10% Tariff on All Chinese Goods

President Donald Trump threatened a 10% tariff on all Chinese goods starting February 1st, citing fentanyl trafficking through Mexico and Canada, despite market concerns about inflation; he also threatened tariffs on Mexico and Canada on Monday.

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40% Bias Score

Reduced Inequality
bbc.com
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Yemen's Houthis Release Crew of Seized Cargo Ship

After months of detention, the Houthi movement in Yemen released the 25-member crew of the Galaxy Leader cargo ship, seized in November 2023, following diplomatic efforts and linked to the Gaza ceasefire; the incident highlights the impact of regional conflict on global maritime trade.

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32% Bias Score

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tr.euronews.com
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EU Diversifies Trade to Counter US Tariff Threats

The EU is rapidly forging new trade deals with Mexico, Malaysia, India, Mercosur, and Switzerland to counteract potential US tariffs, seeking to diversify export markets and mitigate economic risks.

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36% Bias Score

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dw.com
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Houthis Release "Galaxy Leader" Crew After Year-Long Hostage Crisis

The Houthis released the crew of the "Galaxy Leader" on January 22, 2025, after over a year of captivity, a move facilitated by Hamas and Oman, impacting global maritime trade and the Suez Canal.

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44% Bias Score

Peace, Justice, and Strong Institutions
lefigaro.fr
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US Economic Dominance: Robust Growth Amidst Rising Debt and Trade Deficit

In 2024, the US economy, representing 26% of global GDP, showed 3.1% growth, exceeding the Eurozone's 0.8% and marked by low unemployment (4.1%) but high trade deficit ($84.4 billion in September) and rising national debt, prompting concerns in Europe about US economic dominance and potential trade ...

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40% Bias Score

Decent Work and Economic Growth