Tag #Global Trade

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euronews.com

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Feb 4, 16:11

Diageo Withdraws Sales Guidance Amid US Tariff Uncertainty

Diageo plc's interim results for the half-year ending December 31, 2024, show a 0.6% decline in reported net sales to \$10.9 billion due to currency fluctuations, though organic sales grew by 1%. The company withdrew its medium-term sales guidance due to potential US tariffs on Canadian and Mexican ...

Diageo Withdraws Sales Guidance Amid US Tariff Uncertainty

Diageo plc's interim results for the half-year ending December 31, 2024, show a 0.6% decline in reported net sales to \$10.9 billion due to currency fluctuations, though organic sales grew by 1%. The company withdrew its medium-term sales guidance due to potential US tariffs on Canadian and Mexican ...

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What is the immediate financial impact on Diageo plc from the potential US tariffs on imports from Canada and Mexico?

Diageo plc, a UK drinks maker, reported a 0.6% decrease in net sales to \$10.9 billion for the first half of 2025, primarily due to foreign exchange challenges. However, organic net sales saw a 1% increase to \$101 million, though volume decreases limited gains. The company withdrew its medium-term sales guidance due to uncertainty surrounding potential US tariffs on imports from Canada and Mexico.

smh.com.au

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Feb 3, 04:07

Trump's Tariffs Spark Global Trade War

President Trump initiated a trade war by imposing tariffs on \$1 trillion of imports from Canada, Mexico, and China, ostensibly due to immigration and fentanyl concerns; this action is projected to harm the US economy and damage its relationships with key allies.

Trump's Tariffs Spark Global Trade War

President Trump initiated a trade war by imposing tariffs on \$1 trillion of imports from Canada, Mexico, and China, ostensibly due to immigration and fentanyl concerns; this action is projected to harm the US economy and damage its relationships with key allies.

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What are the immediate economic consequences of President Trump's new tariffs on Canada, Mexico, and China?

President Trump's newly imposed tariffs on Canada, Mexico, and China will significantly harm the US economy. These tariffs, totaling approximately \$1 trillion in imports, will likely cause higher prices for consumers, reduced profits for US companies, and slower economic growth. Retaliatory tariffs from Canada and Mexico will exacerbate these negative impacts.

dailymail.co.uk

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Feb 3, 01:11

Trump's Tariffs Spark Retaliation, Threatening Global Economic Instability

President Trump's new tariffs on Canada, Mexico, and China, effective tomorrow, have triggered immediate retaliatory tariffs from those countries, potentially costing the average US household $1,170 and impacting global markets; the EU also faces potential tariffs.

Trump's Tariffs Spark Retaliation, Threatening Global Economic Instability

President Trump's new tariffs on Canada, Mexico, and China, effective tomorrow, have triggered immediate retaliatory tariffs from those countries, potentially costing the average US household $1,170 and impacting global markets; the EU also faces potential tariffs.

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What are the underlying motivations behind President Trump's trade protectionist policies?

The trade war stems from President Trump's desire to curb drug trafficking and illegal immigration, key campaign promises. His protectionist strategy prioritizes domestic interests, even at the cost of potential global economic instability. Retaliatory tariffs from affected countries demonstrate the interconnectedness of global trade and the potential for escalating conflicts.

zeit.de

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Feb 3, 16:10

Trump Imposes Tariffs, Sparking International Trade War

President Trump imposed 25% tariffs on imports from Canada, Mexico, and China, triggering immediate retaliatory tariffs from Canada and a vow of similar action from Mexico; international news outlets warn of a damaging trade war and question Trump's understanding of the economic consequences.

Trump Imposes Tariffs, Sparking International Trade War

President Trump imposed 25% tariffs on imports from Canada, Mexico, and China, triggering immediate retaliatory tariffs from Canada and a vow of similar action from Mexico; international news outlets warn of a damaging trade war and question Trump's understanding of the economic consequences.

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How do international reactions to Trump's tariffs reveal broader concerns about global trade and power dynamics?

Multiple international publications criticize Trump's tariffs as economically damaging and politically unwise, highlighting the US's greater reliance on imports from these countries than exports to them. They suggest this will lead to reduced imports, impacting the US economy and causing affected countries to reassess their dependence on the US market. The tariffs are seen as an attempt to intimidate these countries and force concessions on Trump's domestic policy goals.

forbes.com

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Feb 3, 16:11

Trump Imposes Tariffs, Canada Retaliates Amidst Global Trade War Fears

President Donald Trump imposed sweeping tariffs on imports from Canada, Mexico, and China, taking effect Tuesday, prompting immediate Canadian retaliation by banning American products, and causing global market concerns of a potential trade war; economists predict significant negative impacts on the...

Trump Imposes Tariffs, Canada Retaliates Amidst Global Trade War Fears

President Donald Trump imposed sweeping tariffs on imports from Canada, Mexico, and China, taking effect Tuesday, prompting immediate Canadian retaliation by banning American products, and causing global market concerns of a potential trade war; economists predict significant negative impacts on the...

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What are the underlying causes of Trump's decision to impose tariffs, and how do these relate to his broader economic and political goals?

Trump's decision to impose tariffs is connected to his broader "America First" agenda, aiming to protect domestic industries. However, economic analyses predict substantial negative consequences for the U.S. economy, including increased consumer prices and a reduction in economic output. The response from Canada and China indicates a potential for widespread global economic disruption.

abcnews.go.com

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Feb 3, 22:12

Trump Imposes Tariffs on Canada, Mexico, and China, Sparking Global Uncertainty

President Trump imposed tariffs on Canada, Mexico, and China on Monday, ranging from 10% to 25%, citing illegal drug trade and trade imbalances as justifications; Canada and Mexico plan retaliatory tariffs, creating global economic uncertainty.

Trump Imposes Tariffs on Canada, Mexico, and China, Sparking Global Uncertainty

President Trump imposed tariffs on Canada, Mexico, and China on Monday, ranging from 10% to 25%, citing illegal drug trade and trade imbalances as justifications; Canada and Mexico plan retaliatory tariffs, creating global economic uncertainty.

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What are the immediate economic consequences of President Trump's new tariffs on Canada, Mexico, and China?

President Trump's newly imposed tariffs on Canada, Mexico, and China are causing global uncertainty, with retaliatory tariffs expected from Canada and Mexico. These tariffs, ranging from 10% to 25%, target various imports and are justified by the Trump administration as a measure to combat illegal drug trade and trade imbalances.

theguardian.com

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Feb 4, 19:11

Trump's EV Policy Reversal Creates Global Automotive Uncertainty

President Trump's reversal of the Biden-era 50% EV sales target and threatened tariffs on key trading partners are causing uncertainty in the global automotive industry, disrupting manufacturing plans and potentially affecting EV sales in the US and Australia.

Trump's EV Policy Reversal Creates Global Automotive Uncertainty

President Trump's reversal of the Biden-era 50% EV sales target and threatened tariffs on key trading partners are causing uncertainty in the global automotive industry, disrupting manufacturing plans and potentially affecting EV sales in the US and Australia.

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What are the immediate consequences of President Trump's decision to undo the 50% EV sales target and his threatened tariffs on imported vehicles?

President Trump's reversal of the 50% EV sales target set by his predecessor, Joe Biden, introduces uncertainty to the automotive industry. This, coupled with threatened tariffs on US trading partners, disrupts global supply chains and impacts manufacturers' long-term planning. The ramifications extend beyond the US, affecting global EV markets.

mk.ru

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Feb 3, 10:10

Trump's Tariffs Spark Global Trade War

President Trump's newly imposed tariffs on Mexico, Canada, and China have triggered immediate retaliatory tariffs from all three countries, impacting billions of dollars in trade and threatening global economic growth; Canada and Mexico have announced specific retaliatory tariffs totaling tens of bi...

Trump's Tariffs Spark Global Trade War

President Trump's newly imposed tariffs on Mexico, Canada, and China have triggered immediate retaliatory tariffs from all three countries, impacting billions of dollars in trade and threatening global economic growth; Canada and Mexico have announced specific retaliatory tariffs totaling tens of bi...

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How did Canada and Mexico respond to Trump's tariffs, and what are the details of their countermeasures?

The escalating trade conflict stems from Trump's long-standing complaints about trade deficits and the desire to increase US exports of automobiles and agricultural products. Mexico and Canada have announced plans for significant retaliatory tariffs, and China is pursuing legal action through the WTO.

elpais.com

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Feb 3, 01:11

Trump Imposes Tariffs, Igniting Global Trade War

President Trump imposed 25% tariffs on Mexican and Canadian goods and 10% on Chinese products, triggering retaliatory tariffs from Canada and anticipated countermeasures from Mexico and China, escalating trade tensions globally and threatening economic stability.

Trump Imposes Tariffs, Igniting Global Trade War

President Trump imposed 25% tariffs on Mexican and Canadian goods and 10% on Chinese products, triggering retaliatory tariffs from Canada and anticipated countermeasures from Mexico and China, escalating trade tensions globally and threatening economic stability.

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What are the immediate economic consequences of President Trump's new tariffs on goods from Mexico, Canada, and China?

President Trump imposed 25% tariffs on goods from Mexico and Canada, and 10% on Chinese products. This action triggered retaliatory tariffs from Canada (25% on $30 billion in goods initially), and anticipated countermeasures from Mexico and China, escalating trade tensions globally. The move is predicted to negatively impact US consumers and employment.

dw.com

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Feb 3, 16:10

EU Responds to Trump's Tariff Threats

EU leaders met in Brussels to discuss President Trump's new tariffs on Mexico, Canada, and China, with plans for similar measures against the EU. While seeking to avoid a trade war, they emphasized Europe's capacity to defend its interests and highlighted the need for a strong, unified response.

EU Responds to Trump's Tariff Threats

EU leaders met in Brussels to discuss President Trump's new tariffs on Mexico, Canada, and China, with plans for similar measures against the EU. While seeking to avoid a trade war, they emphasized Europe's capacity to defend its interests and highlighted the need for a strong, unified response.

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What are the immediate economic consequences of President Trump's tariff announcements for the EU, and what specific retaliatory measures are being considered?

President Trump's decision to impose tariffs on goods from Mexico, Canada, and China, with plans to extend them to the European Union, has prompted an emergency meeting of EU leaders in Brussels. The leaders affirmed their commitment to avoiding actions that would negatively impact trade with the US, while simultaneously emphasizing their capacity to defend European interests if necessary. Tariffs will be 25% on Canadian and Mexican goods and 10% on Chinese goods.

cbsnews.com

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Feb 3, 19:12

Trump Tariffs Cause Stock Market Dip, Then Partial Reversal

On Monday, President Trump's new tariffs on Canadian and Mexican imports caused a stock market drop, with the Dow falling 0.4% and the S&P 500 losing 0.8%, but losses moderated after Trump announced a one-month pause on tariffs against Mexico; Canada and Mexico announced retaliatory tariffs, and eco...

Trump Tariffs Cause Stock Market Dip, Then Partial Reversal

On Monday, President Trump's new tariffs on Canadian and Mexican imports caused a stock market drop, with the Dow falling 0.4% and the S&P 500 losing 0.8%, but losses moderated after Trump announced a one-month pause on tariffs against Mexico; Canada and Mexico announced retaliatory tariffs, and eco...

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What was the immediate market impact of President Trump's new tariffs on imports from Canada and Mexico?

President Trump's new tariffs on imports from Canada and Mexico caused a significant stock market downturn on Monday, with the Dow Jones Industrial Average dropping 0.4% and the S&P 500 losing 0.8%. However, the losses were lessened after Trump announced a one-month pause on tariffs against Mexico following an agreement with Mexican President Claudia Sheinbaum to deploy 10,000 soldiers to the border. This decision followed Trump's imposition of a 25% tariff on imports from Canada and Mexico, and an additional 10% levy on goods from China.

usa.chinadaily.com.cn

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Feb 3, 04:07

US Imposes Additional Tariffs on Chinese Goods, China to Take Countermeasures

The US imposed a 10 percent additional tariff on Chinese goods, citing the fentanyl issue, prompting China to file a WTO lawsuit and threaten countermeasures; this action follows a year of robust trade between the two nations, but experts predict it will have a significant negative impact on US and ...

US Imposes Additional Tariffs on Chinese Goods, China to Take Countermeasures

The US imposed a 10 percent additional tariff on Chinese goods, citing the fentanyl issue, prompting China to file a WTO lawsuit and threaten countermeasures; this action follows a year of robust trade between the two nations, but experts predict it will have a significant negative impact on US and ...

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How does China's response to the US tariff increase reflect broader geopolitical tensions?

China's response highlights escalating trade tensions between the US and China. The US justification, citing the fentanyl issue, is rejected by China, which points to its strict drug control policies and past cooperation with the US on this matter. The added tariffs threaten to increase prices for US consumers and disrupt supply chains.

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