Tag #International Trade

t24.com.tr
🌐 85% Global Worthiness
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Trump Threatens to Double Taxes on Foreign Entities

On January 22nd, 2025, President Trump threatened to double taxes on foreign entities in the US, retaliating against what he deems discriminatory taxes on American multinationals; this follows the US withdrawing support for a global tax agreement, potentially escalating international tax disputes an...

Progress

40% Bias Score

Reduced Inequality
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Booming Imported Fruit Market: A 40% Kiwi Surge and $2.8B Cherry Boom

Driven by rising demand for premium fruits, China's imported fruit market saw a 15% CAGR (2014-2023), with New Zealand kiwifruit sales surging 40% in 2024 and Chilean cherry imports exceeding $2.8 billion (Jan-Nov 2024).

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 90% Global Worthiness
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Trump Announces Tariffs on Canadian Goods; Smith to Address Media

President Trump announced 25% tariffs on Canadian and Mexican goods starting February 1st, citing illegal immigration and fentanyl smuggling; Alberta Premier Danielle Smith, who has been lobbying against these tariffs, will hold a press conference Tuesday morning in Washington D.C. to discuss her re...

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Volkswagen Warns of Tariff Impact on US Consumers

Volkswagen voiced concern over potential 25% US tariffs on Mexican goods, impacting its major Puebla plant (producing ~350,000 cars annually for US export) and potentially harming American consumers; the company is investing over $10 billion in US facilities.

Progress

40% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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China's booming imported fruit market: Kiwifruit sales surge 40%

Driven by rising consumer demand for high-quality fruit, China's imported fruit market experienced substantial growth in 2024, with sales of New Zealand kiwifruit surging 40% and Chilean cherries exceeding $2.8 billion, reflecting a broader trend towards premium fruit options and strategic partnersh...

Progress

52% Bias Score

Responsible Consumption and Production
tr.euronews.com
🌐 85% Global Worthiness
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Volkswagen Warns of Harmful Economic Effects from Potential Trump Tariffs

Volkswagen voiced concern over potentially harmful economic effects from US tariffs on Mexican goods, particularly impacting its major Puebla plant which exports roughly 350,000 vehicles annually to the US, with analysts suggesting a loss of competitiveness if tariffs are imposed.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Europe Urged to Prepare for Targeted U.S. Tariffs

European Central Bank President Christine Lagarde urged Europe to prepare for anticipated, selective U.S. tariffs under President Trump, suggesting a focus on internal market improvements and domestic economic strengthening. EU commissioner Valdis Dombrovskis stated the EU will respond proportionate...

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump Memo Orders Review of Unfair Foreign Trade Practices

President Trump's January 20 Memorandum on America First Trade Policy directs executive agencies to report by April 1 on actions to counter unfair foreign trade practices, focusing on using Anticompetitive Market Distortions analysis for effective remedies and potentially forming international coali...

Progress

44% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 90% Global Worthiness
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Trump Delays, Then Announces Tariffs, Causing Currency Fluctuations

President Trump initially delayed implementing new tariffs, delegating investigations to federal agencies; however, he later announced 25% tariffs on goods from Mexico and Canada by February 1, causing shifts in currency values. This reflects internal policy debates and contradicts traditional econo...

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariff Threat: Looming Trade War Forces Canada to Re-evaluate Economic Policy

President Trump's temporary postponement of 25% tariffs on Canadian imports, later reaffirmed, underscores a looming trade war impacting Canadian energy, pipeline, and railway sectors, necessitating strategic Canadian responses to protect its economy.

Progress

52% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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Trump Threatens Military Action to Reclaim Panama Canal

Then president-elect Donald Trump's assertion that Panama should return the Panama Canal to the United States, potentially by military force, contradicts decades of US policy and international law; Panama's President Mulino has rejected the claim.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 75% Global Worthiness
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Oil Prices Fall on Trump's Trade Policy and Dollar Strength

On Tuesday, oil prices fell due to President Trump's delayed but potentially significant tariffs on Canada and Mexico, a stronger U.S. dollar, and the potential end of the Red Sea shipping disruption; Brent crude dropped 1.9% to $78.63, while West Texas Intermediate fell 2.8% to $75.74.

Progress

44% Bias Score

Affordable and Clean Energy