Tag #Global Trade

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theglobeandmail.com

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Aug 19, 04:15

Canada Prioritizes Global Competitiveness Over US Trade Deal

Canadian Prime Minister Mark Carney and Ontario Premier Doug Ford met in Ottawa on Monday to discuss boosting Canada's global competitiveness instead of focusing on a trade deal with the United States, amid unpredictable US trade policies and imposed tariffs.

Canada Prioritizes Global Competitiveness Over US Trade Deal

Canadian Prime Minister Mark Carney and Ontario Premier Doug Ford met in Ottawa on Monday to discuss boosting Canada's global competitiveness instead of focusing on a trade deal with the United States, amid unpredictable US trade policies and imposed tariffs.

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What factors led to the shift away from prioritizing a trade deal with the United States, and what are the potential risks of this new approach?

The unpredictable nature of President Trump's trade policies prompted a shift in Canadian strategy. Rather than negotiating with the US, the focus is now on internal improvements to enhance competitiveness and reduce reliance on US trade. This approach is evident in Premier Ford's emphasis on using Ontario steel in infrastructure projects.

elmundo.es

🌐 75% Global Worthiness

Aug 19, 04:15

Madrid Luxury Hotels Navigate Pandemic Recovery and Global Trade Tensions

The CEO of Madrid's luxury hotels, Heritage and Orfila, discusses the impact of the pandemic, global trade tensions, and evolving tourism trends on the business, highlighting recovery efforts, market diversification, and challenges facing family-owned businesses in Spain.

Madrid Luxury Hotels Navigate Pandemic Recovery and Global Trade Tensions

The CEO of Madrid's luxury hotels, Heritage and Orfila, discusses the impact of the pandemic, global trade tensions, and evolving tourism trends on the business, highlighting recovery efforts, market diversification, and challenges facing family-owned businesses in Spain.

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What are the immediate economic consequences for luxury hotels in Madrid resulting from the pandemic and global trade tensions?

The Heritage and Orfila hotels in Madrid, the only two Relais & Châteaux members in the city, saw a significant drop in revenue during the pandemic due to the 90% reliance on foreign clientele and border closures. However, they have since recovered profitability, albeit with prices increased by almost 50% due to inflation. The hotels employ over 100 people.

africa.chinadaily.com.cn

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Aug 18, 07:18

BRI: A Eurasian Development Driver Amidst US Protectionism

China's Belt and Road Initiative (BRI) is boosting Eurasia's economic integration through infrastructure development, contrasting sharply with the US's protectionist trade policies that have increased tariffs, causing higher prices and uncertainty for global businesses; BRI's win-win cooperation fra...

BRI: A Eurasian Development Driver Amidst US Protectionism

China's Belt and Road Initiative (BRI) is boosting Eurasia's economic integration through infrastructure development, contrasting sharply with the US's protectionist trade policies that have increased tariffs, causing higher prices and uncertainty for global businesses; BRI's win-win cooperation fra...

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How has the BRI facilitated economic diversification in Central Asia, and what are the specific examples of infrastructure development contributing to this?

BRI's success contrasts with the US's protectionist trade policies, which have increased tariffs on imports and caused higher prices for US consumers and greater uncertainty for global companies. The BRI's emphasis on connectivity and cooperation offers a win-win framework that reduces trade barriers through infrastructure investment and regulatory harmonization, unlike the US's approach.

usa.chinadaily.com.cn

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Aug 18, 07:18

US Tariffs Force Asian Trade Diversification

The US's imposition of steep tariffs on Asian countries since August 7, 2018, has disrupted global trade, forcing Asian nations to diversify exports, negotiate bilaterally instead of as blocs, and move up the supply chain to mitigate the impact of unpredictable tariff costs and maintain market acces...

US Tariffs Force Asian Trade Diversification

The US's imposition of steep tariffs on Asian countries since August 7, 2018, has disrupted global trade, forcing Asian nations to diversify exports, negotiate bilaterally instead of as blocs, and move up the supply chain to mitigate the impact of unpredictable tariff costs and maintain market acces...

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What are the immediate consequences of the US tariffs on Asian economies and global trade?

The US imposed steep tariffs (10-50 percent) on Asian countries starting August 7, 2018, disrupting global trade and forcing Asian nations to diversify their export strategies beyond US reliance. This has led to bilateral negotiations instead of bloc-level agreements among ASEAN countries, resulting in a "race to the bottom" for better tariff deals with the US.

elpais.com

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Aug 18, 19:17

Shifting Sands: Spain's Exports Diversify Amidst US Tariff Impact

Spanish exports to the US fell 5.1% in the first half of 2025 due to US tariffs, while exports to Asia and Africa increased 7.1% and 7.4% respectively, leading to a 37% rise in the trade deficit with the US to €7.083 billion and overall export growth of 1%.

Shifting Sands: Spain's Exports Diversify Amidst US Tariff Impact

Spanish exports to the US fell 5.1% in the first half of 2025 due to US tariffs, while exports to Asia and Africa increased 7.1% and 7.4% respectively, leading to a 37% rise in the trade deficit with the US to €7.083 billion and overall export growth of 1%.

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How do the increased exports to Asia and Africa compensate for the decline in exports to the US, and what are the underlying factors driving this shift?

The decline in US-bound exports reflects the impact of US tariffs and a global slowdown. This is prompting Spain to diversify its export markets, particularly towards Asia and Africa, regions experiencing strong growth. The shift is a strategic response to economic uncertainty.

africa.chinadaily.com.cn

🌐 85% Global Worthiness

Aug 18, 07:18

US Tariffs Push Asian Countries to Diversify Trade and Supply Chains

The United States' imposition of steep tariffs (10-50 percent above Most Favored Nation rates) since August 7th is disrupting global trade, forcing Asian nations to seek alternative partnerships (BRICS, RCEP) and prioritize higher-value supply chains to offset the impact on exports.

US Tariffs Push Asian Countries to Diversify Trade and Supply Chains

The United States' imposition of steep tariffs (10-50 percent above Most Favored Nation rates) since August 7th is disrupting global trade, forcing Asian nations to seek alternative partnerships (BRICS, RCEP) and prioritize higher-value supply chains to offset the impact on exports.

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What are the immediate impacts of the US's high tariffs on Asian economies and their trading strategies?

The US's steep tariffs, averaging 10-50 percent above Most Favored Nation rates, have disrupted global trade, prompting Asian nations to diversify export markets and ascend the supply chain. This shift is evidenced by ASEAN members negotiating bilaterally with the US instead of as a bloc, resulting in individual concessions.

elmundo.es

🌐 75% Global Worthiness

Aug 19, 04:15

Spain Outperforms Eurozone in Exports Despite Auto Sector Decline

Spain's exports grew 1% in the first half of 2023, outperforming the Eurozone, despite a significant drop in automobile exports due to decreased European demand, leading to a 58.7% surge in the trade deficit to €25.1 billion.

Spain Outperforms Eurozone in Exports Despite Auto Sector Decline

Spain's exports grew 1% in the first half of 2023, outperforming the Eurozone, despite a significant drop in automobile exports due to decreased European demand, leading to a 58.7% surge in the trade deficit to €25.1 billion.

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What is the impact of global trade uncertainty, particularly US tariffs, on Spanish and Eurozone exports, and how do these impacts differ?

Spain's exports grew by 1% in the first half of 2023, outperforming the Eurozone (-0.4%). However, key sectors like automobiles experienced significant drops, mainly due to decreased European demand, not US tariffs. The overall trade deficit increased by 58.7% to €25.1 billion.

theglobeandmail.com

🌐 75% Global Worthiness

Aug 19, 22:17

TSX Index Poised for Continued Growth Despite Economic Headwinds

Canada's S&P/TSX Composite Index is expected to rise 2.3% to 28,553 by year-end and reach 30,000 by 2026, driven by lower borrowing costs and clearer U.S. tariff implications, despite potential near-term job market weakness and lower corporate earnings in some sectors.

TSX Index Poised for Continued Growth Despite Economic Headwinds

Canada's S&P/TSX Composite Index is expected to rise 2.3% to 28,553 by year-end and reach 30,000 by 2026, driven by lower borrowing costs and clearer U.S. tariff implications, despite potential near-term job market weakness and lower corporate earnings in some sectors.

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How do the anticipated impacts of U.S. tariffs on Canadian corporate earnings influence the overall market outlook?

The projected increase in the TSX index is fueled by reduced anxieties surrounding U.S. tariffs, with 92% of Canadian exports to the U.S. now exempt under the USMCA. However, potential near-term job market deterioration and increased AI investment costs pose challenges to corporate profits.

usa.chinadaily.com.cn

🌐 85% Global Worthiness

Aug 18, 07:18

BRI's Eurasian Integration: A Contrast to US Protectionism

China's Belt and Road Initiative (BRI) fosters Eurasian economic integration via infrastructure projects, contrasting with US protectionism's negative impact on global trade and supply chains; BRI's success is evidenced by reduced transport times between China and Europe and increased trade, while U...

BRI's Eurasian Integration: A Contrast to US Protectionism

China's Belt and Road Initiative (BRI) fosters Eurasian economic integration via infrastructure projects, contrasting with US protectionism's negative impact on global trade and supply chains; BRI's success is evidenced by reduced transport times between China and Europe and increased trade, while U...

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Reduced Inequality

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What are the key mechanisms through which the BRI promotes cooperation and integration, and how do these differ from the US's approach to international trade?

BRI's success is rooted in its approach to infrastructure as a catalyst for economic and cultural integration. The initiative has signed over 200 cooperation agreements with 150+ countries and 30+ organizations, integrating into UN and APEC frameworks. This contrasts with the US's protectionist tariffs, impacting global supply chains and raising prices.

europe.chinadaily.com.cn

🌐 85% Global Worthiness

Aug 18, 07:18

US Tariffs Force Asian Trade Diversification

Since August 7, 2023, the US has imposed tariffs ranging from 10 to 50 percent on Asian goods, forcing Asian countries to diversify trade partners, upgrade their supply chains, and seek alternative economic partnerships like BRICS and RCEP to mitigate the impact of US protectionism.

US Tariffs Force Asian Trade Diversification

Since August 7, 2023, the US has imposed tariffs ranging from 10 to 50 percent on Asian goods, forcing Asian countries to diversify trade partners, upgrade their supply chains, and seek alternative economic partnerships like BRICS and RCEP to mitigate the impact of US protectionism.

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What immediate impact has the US's tariff policy had on Asian export strategies and global trade?

The US's imposition of steep tariffs (10-50 percent) on Asian goods since August 7, 2023, has disrupted global trade, forcing Asian nations to seek alternative markets and prioritize supply chain upgrades. This shift is driven by the US effectively ending the Most Favored Nation rates, a cornerstone of multilateral trade.

chinadaily.com.cn

🌐 85% Global Worthiness

Aug 18, 04:13

BRI Boosts Eurasian Development Amidst US Protectionism

China's Belt and Road Initiative (BRI) is boosting Eurasian development through infrastructure projects, contrasting with US protectionism; reduced transport times between China and Europe by up to 40% are facilitating trade and economic diversification.

BRI Boosts Eurasian Development Amidst US Protectionism

China's Belt and Road Initiative (BRI) is boosting Eurasian development through infrastructure projects, contrasting with US protectionism; reduced transport times between China and Europe by up to 40% are facilitating trade and economic diversification.

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Reduced Inequality

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What are the key mechanisms by which the BRI facilitates economic integration and cooperation in Eurasia?

BRI's success stems from its approach to infrastructure as a catalyst for economic and cultural integration, unlike the US's protectionist tariffs that increase prices for consumers and create uncertainty for global companies. The BRI's integration with regional organizations reduces regulatory costs and harmonizes standards, facilitating trade and boosting resilience.

europe.chinadaily.com.cn

🌐 85% Global Worthiness

Aug 18, 07:18

BRI: Countering US Protectionism in Eurasia

China's Belt and Road Initiative (BRI) is boosting Eurasia's development through infrastructure projects and economic integration, contrasting with the US's protectionist trade policies that increase prices and create uncertainty for global companies.

BRI: Countering US Protectionism in Eurasia

China's Belt and Road Initiative (BRI) is boosting Eurasia's development through infrastructure projects and economic integration, contrasting with the US's protectionist trade policies that increase prices and create uncertainty for global companies.

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Reduced Inequality

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What are the immediate economic and infrastructural impacts of the Belt and Road Initiative on Eurasia?

The Belt and Road Initiative (BRI), launched in 2013, has signed over 200 cooperation agreements with 150+ countries and 30+ international organizations, significantly impacting Eurasia through infrastructure development and economic integration. New rail routes have shortened transport times between China and Europe, boosting trade in various goods and fostering economic diversification in Central Asian nations like Kazakhstan and Uzbekistan.

Showing 37 to 48 of 1,555 results