Tag #Global Trade

Showing 145 to 156 of 1,560 results

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Trump Imposes New Tariffs, Generating Billions in Revenue

President Trump imposed new tariffs on imports, ranging from 20% to 39% depending on the country, effective August 7th, generating $26 billion in revenue in June and potentially hundreds of billions more; exceptions were made for countries with prior agreements.

Progress

48% Bias Score

Zero Hunger
bbc.com
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Trump Imposes 20% Tariff on Vietnam, Lower Rates for Other Asian Nations

President Trump signed an executive order imposing a 20% tariff on Vietnamese goods and a 19% tariff on goods from Thailand, Cambodia, Indonesia, and the Philippines, effective August 7th, while also imposing a 40% tariff on transshipped goods; Vietnam sought a lower tariff but was unsuccessful.

Progress

36% Bias Score

Reduced Inequality
cbsnews.com
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Trump Strikes Trade Deal with South Korea, Imposing 15% Tariff

President Trump announced a trade deal with South Korea, imposing a 15% tariff on South Korean goods in exchange for a $350 billion investment commitment from South Korea to U.S. businesses, aiming to address what he views as unfair trade practices.

Progress

48% Bias Score

Decent Work and Economic Growth
bbc.com
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Trump Imposes Tariffs on India, Hitting Growth Prospects

President Trump imposed a 25% tariff plus an unspecified penalty on Indian goods starting August 1st, due to India's trade with Russia, negatively impacting India's GDP growth and potentially disrupting export supply chains.

Progress

52% Bias Score

Decent Work and Economic Growth
lemonde.fr
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US and South Korea Reach Trade Deal, Limiting Tariffs to 15%

South Korea reached a last-minute trade deal with the US, limiting tariffs to 15% on most products in exchange for a $350 billion South Korean investment in the US and $100 billion in energy purchases over 3.5 years; however, steel, aluminum, and copper tariffs remain at 50%.

Progress

44% Bias Score

Decent Work and Economic Growth
cnn.com
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Trump Threatens 25% Tariff on All Indian Imports

President Trump threatened to impose a 25% tariff on all Indian imports by August 1st due to high Indian tariffs, trade barriers, and India's continued reliance on Russian oil and military equipment, marking a major setback in ongoing trade negotiations.

Progress

52% Bias Score

Reduced Inequality
nbcnews.com
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Major Companies Raise Prices Amidst Tariff Increases

Hershey, Procter & Gamble, and Mondelēz are raising prices due to tariffs and rising ingredient costs, impacting popular consumer goods and potentially leading to higher inflation; the personal consumption expenditures price index rose 2.6% year-over-year.

Progress

48% Bias Score

Reduced Inequality
bbc.com
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US Reduces Tariffs on Pakistani Goods to 19 Percent After Trade Deal

President Trump imposed tariffs on goods from around 69 countries, reducing Pakistan's tariff to 19 percent after negotiations, aiming to correct trade imbalances; Pakistan had a trade surplus with the U.S. last year, exporting $5.83 billion in goods.

Progress

36% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
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Trump's Production-Led Economic Shift: Aimed at Regaining Global Dominance

The Trump administration redirected the US economy toward production-led growth, implementing tax cuts, supporting traditional energy, and using tariffs to counter China's influence and boost domestic manufacturing, despite potential risks to global supply chains and the dollar's hegemony.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
pt.euronews.com
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Trump Tariffs Force US Companies to Re-evaluate European Production

President Trump's tariffs on European-made goods, including John Deere tractors, Viagra, Ray-Ban sunglasses, Gillette razors, Botox, Polaroid film, and Nicorette gum, are forcing US companies to choose between absorbing costs, raising prices, or relocating production.

Progress

56% Bias Score

Responsible Consumption and Production
edition.cnn.com
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Trump Extends Tariffs on Mexican Goods for 90 Days

President Donald Trump announced a 90-day extension of 25% tariffs on Mexican goods, pausing planned increases, while aiming to negotiate a new trade deal with Mexico within this timeframe; Mexico is America's top import source.

Progress

40% Bias Score

Decent Work and Economic Growth
cnn.com
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US-China Trade Talks End Without Breakthrough

After securing trade deals with the EU, UK, Japan, Indonesia, and the Philippines, US-China trade talks in Sweden concluded without a breakthrough, leaving a tariff extension as the immediate option to avoid a trade war.

Progress

64% Bias Score

Reduced Inequality

Showing 145 to 156 of 1,560 results