Tag #International Trade

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cbsnews.com

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Apr 6, 22:10

Cantwell Leads Effort to Repeal Tariffs Amid Economic Concerns

Senator Maria Cantwell, along with seven Republican senators, is pushing to repeal the current administration's tariffs due to negative impacts on Washington state's economy, including damage to family farms and increased costs for consumers; various industry groups are also voicing their opposition...

Cantwell Leads Effort to Repeal Tariffs Amid Economic Concerns

Senator Maria Cantwell, along with seven Republican senators, is pushing to repeal the current administration's tariffs due to negative impacts on Washington state's economy, including damage to family farms and increased costs for consumers; various industry groups are also voicing their opposition...

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What are the immediate economic consequences of the current administration's tariffs, and how do they impact American consumers and businesses?

Senator Maria Cantwell expressed concern over the current administration's tariffs, citing negative impacts on Washington state's economy, particularly affecting farmers and manufacturers. Seven Republican senators joined her effort to repeal these tariffs, indicating bipartisan anxiety about their economic consequences.

arabic.cnn.com

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Apr 6, 13:18

Trump's Simplified Tariff Calculation Ignites Global Trade Tensions

President Trump imposed substantial tariffs on various countries, claiming they were reciprocal to existing tariffs; however, the calculation used to determine the tariff rates was a simplified formula that did not reflect the actual tariff rates imposed by those countries, leading to potential glob...

Trump's Simplified Tariff Calculation Ignites Global Trade Tensions

President Trump imposed substantial tariffs on various countries, claiming they were reciprocal to existing tariffs; however, the calculation used to determine the tariff rates was a simplified formula that did not reflect the actual tariff rates imposed by those countries, leading to potential glob...

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What is the methodology behind President Trump's newly announced tariffs, and what are its immediate implications for US trade partners?

President Trump announced significant tariffs on numerous trading partners, claiming reciprocity to match tariffs imposed on the US. However, the administration's calculation for trade balance disregarded actual foreign tariff rates, instead using a simplified formula dividing a country's trade deficit with the US by its exports to the US, multiplied by half.

euronews.com

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Apr 6, 16:09

EU-Banned Pesticides Cause Health Crisis for South African Farmworkers

A South African People's Tribunal highlighted the severe health impacts on farmworkers from EU-banned pesticides exported to South Africa, prompting calls for an EU export ban to protect vulnerable workers and promote sustainable farming.

EU-Banned Pesticides Cause Health Crisis for South African Farmworkers

A South African People's Tribunal highlighted the severe health impacts on farmworkers from EU-banned pesticides exported to South Africa, prompting calls for an EU export ban to protect vulnerable workers and promote sustainable farming.

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What are the immediate health and socioeconomic consequences for South African farmworkers resulting from the continued use of pesticides banned in the EU?

Dina Ndelini, a Cape Town vineyard worker of 40 years, suffered severe health issues, job loss, and homelessness, allegedly due to Dormex, a pesticide with a banned active ingredient (cyanamide) in the EU. The EU's ban on cyanamide highlights a double standard, as Dormex remains in use in South Africa, exposing vulnerable farmworkers to significant health risks.

news.sky.com

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Apr 5, 04:11

Trump's Tariffs Trigger Global Stock Market Plunge

Global stock markets plummeted for a second day following Donald Trump's announcement of global tariffs, resulting in a $4.9 trillion loss; American indexes suffered the most, while the UK's FTSE 100 and Japan's Nikkei 225 also experienced significant declines. Trump is negotiating separate trade de...

Trump's Tariffs Trigger Global Stock Market Plunge

Global stock markets plummeted for a second day following Donald Trump's announcement of global tariffs, resulting in a $4.9 trillion loss; American indexes suffered the most, while the UK's FTSE 100 and Japan's Nikkei 225 also experienced significant declines. Trump is negotiating separate trade de...

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What is the immediate impact of Donald Trump's global tariffs on major stock markets worldwide?

Donald Trump's newly announced global tariffs triggered a significant two-day decline in worldwide stock markets. American indexes suffered the most, experiencing their worst day since the COVID-19 pandemic on Friday, with losses exceeding 5% across major indices. This resulted in an estimated $4.9 trillion loss in global market value.

abcnews.go.com

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Apr 5, 16:12

Trump's Tariffs Trigger Global Market Plunge, Retaliation

President Trump's tariff increase sparked a global market plunge and retaliatory measures from China (34% tax on US imports), impacting major indices (S&P 500 down 6%) and prompting responses from Italy and Taiwan to mitigate economic damage.

Trump's Tariffs Trigger Global Market Plunge, Retaliation

President Trump's tariff increase sparked a global market plunge and retaliatory measures from China (34% tax on US imports), impacting major indices (S&P 500 down 6%) and prompting responses from Italy and Taiwan to mitigate economic damage.

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What are the immediate economic consequences of President Trump's tariff increase and subsequent retaliatory measures?

President Trump's increased tariffs triggered a global market downturn, with major indices like the S&P 500 falling 6%. China retaliated with a 34% tax on US imports, escalating the trade war.

mk.ru

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Apr 5, 13:18

Trump's Trade Policies: Global Inflation and Risks to Russia

President Trump's trade protectionism risks global inflation and decreased demand for Russian exports, potentially impacting consumer prices and Russia's economic growth, while offering limited compensatory benefits from trade redirection.

Trump's Trade Policies: Global Inflation and Risks to Russia

President Trump's trade protectionism risks global inflation and decreased demand for Russian exports, potentially impacting consumer prices and Russia's economic growth, while offering limited compensatory benefits from trade redirection.

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What are the immediate economic consequences of President Trump's trade policies on a global scale?

President Trump's trade policies risk triggering global inflation, impacting various countries through increased production costs and reduced market access. This will likely lead to higher prices for consumers worldwide, affecting both countries targeted by tariffs and the US itself.

bbc.com

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Apr 6, 07:12

UK to Utilize Industrial Policy in Response to US Tariffs

Facing new US tariffs ranging from 10% to 25% on various goods, including cars, steel, and aluminum, the UK government announced plans to implement industrial policy and explore retaliatory tariffs on US goods to protect British businesses, while also seeking alternative trade deals.

UK to Utilize Industrial Policy in Response to US Tariffs

Facing new US tariffs ranging from 10% to 25% on various goods, including cars, steel, and aluminum, the UK government announced plans to implement industrial policy and explore retaliatory tariffs on US goods to protect British businesses, while also seeking alternative trade deals.

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How does the UK's planned response to the US tariffs represent a shift in its economic policy approach?

The UK's response to the US tariffs reveals a shift toward greater state intervention in the economy, a departure from past sentiments. While exploring bilateral trade deals, the government is preparing a list of US goods for potential retaliatory tariffs, covering 27% of US imports into the UK to minimize domestic economic impact. This reflects a strategic balancing act between cooperation and protectionism.

elmundo.es

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Apr 6, 04:10

Trump's Tariffs: Immediate Economic Fallout and Geopolitical Implications

President Trump's imposition of widespread tariffs will immediately increase prices and slow economic growth, breaking US credibility as a trading partner and undermining global stability; this creates opportunities for new free trade alliances, while strengthening China's position and challenging E...

Trump's Tariffs: Immediate Economic Fallout and Geopolitical Implications

President Trump's imposition of widespread tariffs will immediately increase prices and slow economic growth, breaking US credibility as a trading partner and undermining global stability; this creates opportunities for new free trade alliances, while strengthening China's position and challenging E...

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How does the US's protectionist approach affect its international alliances and soft power, and what alternative strategies are available to other nations?

This protectionist move represents a departure from the US's role as a guardian of open markets, undermining the alliances and cooperative spirit that have underpinned its economic hegemony and soft power. The resulting loss of US market access creates opportunities for new free trade alliances, such as those with Mercosur, and expansion of the European internal market.

dw.com

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Apr 5, 16:12

Trump's Global Tariffs Trigger \$5 Trillion Market Sell-Off, China Retaliates

President Trump's announcement of universal tariffs on goods from multiple countries, including a 34% tariff on Chinese imports, triggered a global market sell-off exceeding \$5 trillion and prompted China's retaliation with similar tariffs and rare earth export restrictions, escalating the trade wa...

Trump's Global Tariffs Trigger \$5 Trillion Market Sell-Off, China Retaliates

President Trump's announcement of universal tariffs on goods from multiple countries, including a 34% tariff on Chinese imports, triggered a global market sell-off exceeding \$5 trillion and prompted China's retaliation with similar tariffs and rare earth export restrictions, escalating the trade wa...

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How does the response of Hong Kong to the US tariffs differ from that of mainland China, and what are the underlying reasons for this divergence?

The escalating trade war between the US and China, characterized by reciprocal tariffs and export restrictions, reflects a breakdown in the post-World War II global trade order based on mutually agreed rates. The imposition of tariffs by the US, affecting numerous trading partners, including China and the EU, has resulted in significant global market losses, exceeding \$5 trillion by Friday's close. Hong Kong, however, chose to remain a free port to maintain its economic advantages.

us.cnn.com

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Apr 5, 10:09

Trump's Universal Tariff Sparks Global Trade War, Recession Fears

President Trump's 10% tariff on all US imports, effective Saturday, triggered a global trade war, causing market declines and economists' recession predictions; China retaliated, escalating the conflict, and further tariffs are planned.

Trump's Universal Tariff Sparks Global Trade War, Recession Fears

President Trump's 10% tariff on all US imports, effective Saturday, triggered a global trade war, causing market declines and economists' recession predictions; China retaliated, escalating the conflict, and further tariffs are planned.

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What are the immediate economic consequences of President Trump's 10% universal import tariff and how significant is its global impact?

President Trump's new 10% tariff on all imports, effective Saturday, has triggered a global trade war and widespread economic concern. Markets have reacted negatively, and economists predict a potential recession due to the highest US import tax in a century. China's retaliatory tariffs further escalated the conflict.

arabic.cnn.com

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Apr 5, 16:11

Trump's Sweeping Tariffs Hit US Fashion Industry

President Trump imposed widespread tariffs on imported goods, including apparel, ranging from 10% to 54% depending on origin, causing immediate stock drops for major US fashion brands and raising concerns about supply chain disruptions and increased costs.

Trump's Sweeping Tariffs Hit US Fashion Industry

President Trump imposed widespread tariffs on imported goods, including apparel, ranging from 10% to 54% depending on origin, causing immediate stock drops for major US fashion brands and raising concerns about supply chain disruptions and increased costs.

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How will the new tariffs affect supply chains and pricing strategies within the US fashion industry?

The new tariffs, ranging from 10% to 54% depending on the country of origin, are expected to disrupt supply chains and increase costs across the US fashion industry. The US imports over 98% of its clothing and 99% of its footwear, making it heavily reliant on global manufacturing. Companies will likely absorb some costs, while others will pass the increased expense to consumers.

euronews.com

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Apr 5, 07:18

EU Urges Strong Retaliation Against New US Tariffs

The EU faces new 20% US tariffs, prompting a former top trade official to advocate for proportionate retaliatory tariffs on non-essential US goods, leveraging the anti-coercion instrument and targeting services to pressure US big tech and financial firms.

EU Urges Strong Retaliation Against New US Tariffs

The EU faces new 20% US tariffs, prompting a former top trade official to advocate for proportionate retaliatory tariffs on non-essential US goods, leveraging the anti-coercion instrument and targeting services to pressure US big tech and financial firms.

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What is the immediate impact of the 20% US tariffs on EU goods, and what specific retaliatory measures are proposed by the former EU trade chief?

The EU faces 20% US tariffs on various goods. A former EU trade chief urges retaliatory measures targeting non-essential US products to minimize EU harm while maximizing economic and political pressure on the US.

Showing 109 to 120 of 922 results