Tag #Global Trade

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arabic.cnn.com

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May 29, 07:13

US Court Blocks Trump's Tariffs, Citing Executive Overreach

A US court ruled against President Trump's sweeping tariffs, citing overreach of executive power, impacting businesses and consumers; the administration immediately appealed.

US Court Blocks Trump's Tariffs, Citing Executive Overreach

A US court ruled against President Trump's sweeping tariffs, citing overreach of executive power, impacting businesses and consumers; the administration immediately appealed.

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What are the immediate economic consequences of the court's decision to block President Trump's tariffs?

A US court ruled that President Trump exceeded his authority by imposing sweeping tariffs that increased import costs for everyone, from large corporations to individual Americans. The Trump administration immediately appealed, leaving the situation uncertain for consumers and businesses, potentially prolonging a battle over the tariffs' future and global economic impact.

edition.cnn.com

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May 29, 07:13

Federal Court Blocks Trump's Tariffs, Administration Appeals

A US federal court ruled against President Trump's broad tariffs, citing the International Emergency Economic Powers Act's limitations; the administration immediately appealed, creating uncertainty for businesses and consumers.

Federal Court Blocks Trump's Tariffs, Administration Appeals

A US federal court ruled against President Trump's broad tariffs, citing the International Emergency Economic Powers Act's limitations; the administration immediately appealed, creating uncertainty for businesses and consumers.

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What legal arguments were used to challenge the tariffs, and what did the court decide?

The court's decision stems from a lawsuit filed by the Liberty Justice Center, representing small businesses harmed by the tariffs. The judges found that the International Emergency Economic Powers Act (IEEPA) doesn't grant the president the power to impose tariffs, rejecting the administration's claim of national emergency. The ruling affects tariffs on goods from China, Mexico, and Canada, but not those on autos, steel, and aluminum imposed under a different law.

europe.chinadaily.com.cn

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May 29, 07:14

China, ASEAN, GCC Summit Aims to Boost Economic Ties Amidst Global Uncertainty

Chinese Premier Li Qiang, in Kuala Lumpur, concluded a summit with ASEAN and the GCC focused on boosting economic cooperation and resilience against global trade instability, emphasizing the potential of combined resources to create growth and counter protectionism.

China, ASEAN, GCC Summit Aims to Boost Economic Ties Amidst Global Uncertainty

Chinese Premier Li Qiang, in Kuala Lumpur, concluded a summit with ASEAN and the GCC focused on boosting economic cooperation and resilience against global trade instability, emphasizing the potential of combined resources to create growth and counter protectionism.

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Decent Work and Economic Growth

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How does this trilateral cooperation address the challenges posed by geopolitical tensions and rising protectionism?

The summit aimed to counter global economic instability and decoupling trends through enhanced trilateral cooperation. A joint statement committed to deepening economic cooperation, including the upgraded ASEAN-China Free Trade Area and the prospective China-GCC Free Trade Agreement. This collaboration leverages the combined economic strengths of the three regions, accounting for roughly a quarter of global output.

europe.chinadaily.com.cn

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May 29, 07:14

Multiculturalism as a Cornerstone for a Resilient Global Trading System

China's bilateral trade with Africa surpassed \$282 billion in 2023, showcasing a model of development prioritizing cultural respect and economic diversity, unlike a one-size-fits-all approach, and integrating local knowledge with modern technologies within the Belt and Road Initiative and Forum on ...

Multiculturalism as a Cornerstone for a Resilient Global Trading System

China's bilateral trade with Africa surpassed \$282 billion in 2023, showcasing a model of development prioritizing cultural respect and economic diversity, unlike a one-size-fits-all approach, and integrating local knowledge with modern technologies within the Belt and Road Initiative and Forum on ...

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Partnerships for the Goals

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How does the China-Africa partnership demonstrate that prioritizing cultural respect and economic diversity can drive successful large-scale development?

China's engagement with Africa, exceeding \$282 billion in bilateral trade in 2023, exemplifies how prioritizing cultural respect and economic diversity fosters large-scale development. This approach, unlike a one-size-fits-all model, tailors solutions to regional needs, integrating local knowledge with modern technologies.

china.org.cn

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May 29, 10:13

Surge in Chinese Used Car Exports to Belt and Road Countries

Over \$139 million USD worth of Chinese used cars were sold at a Chengdu trade event, highlighting a surge in exports to Belt and Road countries since China fully opened used car exports in March 2024, with Sichuan Province leading the growth, exporting over 10,000 vehicles from January to April 202...

Surge in Chinese Used Car Exports to Belt and Road Countries

Over \$139 million USD worth of Chinese used cars were sold at a Chengdu trade event, highlighting a surge in exports to Belt and Road countries since China fully opened used car exports in March 2024, with Sichuan Province leading the growth, exporting over 10,000 vehicles from January to April 202...

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How are specific countries, such as Russia and Iran, benefiting from increased access to Chinese used cars?

This surge reflects rising global demand for affordable, high-quality Chinese used vehicles. The event, attracting buyers from 10 countries including Russia and Iran, highlights the increasing favorability of Chinese offerings in upgrading auto markets.

usa.chinadaily.com.cn

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May 29, 07:14

US Tariffs Threaten Asia-Pacific Economies

US tariffs threaten trade revenue and jobs in Asia-Pacific, disproportionately impacting smaller economies with narrow export bases and high reliance on imported inputs; policy responses should focus on diversification, resilience, and digitalization.

US Tariffs Threaten Asia-Pacific Economies

US tariffs threaten trade revenue and jobs in Asia-Pacific, disproportionately impacting smaller economies with narrow export bases and high reliance on imported inputs; policy responses should focus on diversification, resilience, and digitalization.

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Decent Work and Economic Growth

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What are the immediate economic consequences of US tariffs on Asia-Pacific economies, focusing on specific sectors and vulnerable populations?

US tariffs on Asian exports, exceeding 25 percent in some cases (Cambodia, Vietnam), threaten trade revenue and jobs, particularly in export-oriented sectors like textiles and machinery. These sectors often employ vulnerable workers, increasing the risk of job losses and impacting economic growth.

chinadaily.com.cn

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May 29, 07:14

China-Africa Trade: A Model of Multicultural, Inclusive Development

China's trade with Africa exceeded \$282 billion in 2023, demonstrating a model of inclusive development that respects cultural diversity and integrates it into economic partnerships, exemplified by the Belt and Road Initiative and Forum on China-Africa Cooperation.

China-Africa Trade: A Model of Multicultural, Inclusive Development

China's trade with Africa exceeded \$282 billion in 2023, demonstrating a model of inclusive development that respects cultural diversity and integrates it into economic partnerships, exemplified by the Belt and Road Initiative and Forum on China-Africa Cooperation.

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Partnerships for the Goals

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What are the potential future implications of the China-Africa model for reforming global trade governance and promoting inclusive development in other regions?

Future global trade systems must adopt a multicultural approach, incorporating cultural safeguards into rule-based governance and inclusive development policies. This includes leveraging digital and green trade cooperation to promote cultural exchange and avoid cultural homogenization while respecting diverse legal and cultural norms. The China-Africa model provides a successful framework for this.

cnnespanol.cnn.com

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May 29, 04:10

Court Blocks Trump's Tariffs, Government Appeals

A US federal court ruled against President Trump's widespread tariffs, imposed under the IEEPA, citing overreach of executive authority; the government appealed, creating uncertainty for businesses and consumers.

Court Blocks Trump's Tariffs, Government Appeals

A US federal court ruled against President Trump's widespread tariffs, imposed under the IEEPA, citing overreach of executive authority; the government appealed, creating uncertainty for businesses and consumers.

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What are the immediate economic consequences of the court ruling on President Trump's tariffs?

A US federal court ruled that President Trump overstepped his authority by imposing widespread tariffs, increasing import costs for businesses and consumers. The government immediately appealed, leaving the situation uncertain and potentially prolonging the dispute over whether the tariffs will remain, which could reshape the global economy.

africa.chinadaily.com.cn

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May 29, 07:14

China, ASEAN, and GCC Summit Focuses on Enhanced Economic Cooperation

Chinese Premier Li Qiang concluded a trilateral summit in Kuala Lumpur with ASEAN and the GCC, emphasizing economic cooperation, free trade, and supply chain resilience to counter global trade volatility, with a joint statement committing to deepening economic cooperation and free trade agreements.

China, ASEAN, and GCC Summit Focuses on Enhanced Economic Cooperation

Chinese Premier Li Qiang concluded a trilateral summit in Kuala Lumpur with ASEAN and the GCC, emphasizing economic cooperation, free trade, and supply chain resilience to counter global trade volatility, with a joint statement committing to deepening economic cooperation and free trade agreements.

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What are the immediate economic implications of the China-ASEAN-GCC summit for global trade and investment?

Chinese Premier Li Qiang recently concluded a trilateral summit in Kuala Lumpur, focusing on expanding economic ties between China, ASEAN, and the GCC. Li emphasized boosting resilience amid global trade instability and promoting high-tech cooperation to secure stable supply chains. China's 5.4 percent GDP growth in Q1 2024 further strengthens its role in this collaboration.

europe.chinadaily.com.cn

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May 29, 07:14

Global Port Cooperation Emphasized Amidst Trade Uncertainty

At the 2025 Maritime Silk Road Port Cooperation Forum in Ningbo, China, officials and industry leaders stressed collaboration to stabilize international trade, with a joint statement signed by 47 leaders pledging to safeguard global logistics chains and support free trade; the Port of Hamburg's reli...

Global Port Cooperation Emphasized Amidst Trade Uncertainty

At the 2025 Maritime Silk Road Port Cooperation Forum in Ningbo, China, officials and industry leaders stressed collaboration to stabilize international trade, with a joint statement signed by 47 leaders pledging to safeguard global logistics chains and support free trade; the Port of Hamburg's reli...

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How does China's approach to international port cooperation contribute to the stability of global supply chains?

The forum highlighted the interconnectedness of the global port and shipping industry, with China's significant role in global trade underscored by the Port of Hamburg's reliance on Chinese trade. Concerns over geopolitical tensions, climate change, and protectionist trade policies were addressed, emphasizing the need for multilateralism and a rules-based system to ensure stable supply chains. Agreements signed at the forum to build green shipping corridors demonstrate a commitment to sustainable practices.

theglobeandmail.com

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May 29, 01:13

Canadian Banks Boost Loan Loss Provisions Amidst Trade Uncertainty

BMO and National Bank of Canada reported higher-than-expected second-quarter earnings but increased loan loss provisions to $1.05 billion and $545 million, respectively, due to rising default risks from U.S. trade tensions and weakening Canadian economic indicators, impacting both consumer and comme...

Canadian Banks Boost Loan Loss Provisions Amidst Trade Uncertainty

BMO and National Bank of Canada reported higher-than-expected second-quarter earnings but increased loan loss provisions to $1.05 billion and $545 million, respectively, due to rising default risks from U.S. trade tensions and weakening Canadian economic indicators, impacting both consumer and comme...

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What are the immediate implications of BMO and National Bank's increased loan loss provisions on the Canadian economy?

Bank of Montreal (BMO) and National Bank of Canada exceeded analysts' second-quarter earnings expectations, yet increased loan loss provisions due to rising default risks amid U.S. trade tensions. BMO's provisions reached $1.05 billion, exceeding forecasts, while National Bank allocated $545 million, partly due to its Canadian Western Bank acquisition. Both banks cited uncertainty over global trade and economic weakening as reasons for the increased reserves.

europe.chinadaily.com.cn

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May 29, 07:14

US Tariffs Threaten Asia-Pacific Economic Growth and Development

US tariffs announced in April 2024 severely threaten Asia-Pacific economies' exports, jobs, and investments, disproportionately affecting smaller nations with narrow export bases and high import reliance; this necessitates long-term policy reforms, regional cooperation, and economic diversification.

US Tariffs Threaten Asia-Pacific Economic Growth and Development

US tariffs announced in April 2024 severely threaten Asia-Pacific economies' exports, jobs, and investments, disproportionately affecting smaller nations with narrow export bases and high import reliance; this necessitates long-term policy reforms, regional cooperation, and economic diversification.

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How do the impacts of the US tariffs vary across different Asia-Pacific economies, and which sectors and worker groups are most vulnerable?

The impact of US tariffs disproportionately affects smaller Asia-Pacific economies with narrow export bases and high reliance on imported inputs. Export-oriented sectors, often labor-intensive and employing many women, face job losses. Uncertainty discourages investment and constrains economic growth, highlighting the need for diversified trade partners and products.

Showing 109 to 120 of 1,234 results