Tag #International Trade

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bbc.com

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Apr 4, 04:10

Trump Tariffs: Pharmaceutical CEO Warns of Economic Consequences

Eli Lilly CEO David Ricks states that President Trump's tariffs are a watershed moment in US economic history, impacting pharmaceutical investment and potentially reducing research and development; the UK's life sciences sector is also in decline due to slow regulation and poor uptake of new medicin...

Trump Tariffs: Pharmaceutical CEO Warns of Economic Consequences

Eli Lilly CEO David Ricks states that President Trump's tariffs are a watershed moment in US economic history, impacting pharmaceutical investment and potentially reducing research and development; the UK's life sciences sector is also in decline due to slow regulation and poor uptake of new medicin...

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Good Health and Well-being

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How do the tariffs affect Eli Lilly's global strategy and investment decisions, and what adjustments are they making?

Ricks's comments highlight the interconnectedness of global supply chains and the potential consequences of protectionist policies. The tariffs, while intending to boost US manufacturing, risk harming innovation and investment in crucial sectors like pharmaceuticals. Eli Lilly's continued investment in Ireland despite the tariffs underscores the limitations of protectionism and the ongoing importance of global markets.

npr.org

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Apr 4, 04:11

Trump's Tariffs: Economists Predict Higher Prices, Economic Slowdown

President Trump announced sweeping tariffs on various imported goods, expected to increase consumer prices and harm U.S. manufacturing, according to Harvard economist Jason Furman, who argues that this trade policy contradicts the U.S.'s economic interests by focusing on low-value manufacturing jobs...

Trump's Tariffs: Economists Predict Higher Prices, Economic Slowdown

President Trump announced sweeping tariffs on various imported goods, expected to increase consumer prices and harm U.S. manufacturing, according to Harvard economist Jason Furman, who argues that this trade policy contradicts the U.S.'s economic interests by focusing on low-value manufacturing jobs...

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Decent Work and Economic Growth

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What are the immediate economic consequences of President Trump's new tariffs on imported goods?

President Trump's recently announced tariffs, impacting various goods like bananas, mangoes, avocados, and coffee, are expected to increase prices for American consumers and disrupt global supply chains. Economists predict these tariffs will negatively affect manufacturing by raising input costs for American businesses.

zeit.de

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Apr 4, 07:15

US Tariffs on EU Cars: Product, Not Trade, is the Real Issue

US President Trump imposed 25% tariffs on imported cars from the EU starting Thursday, claiming unfair trade practices; however, experts argue that the real issue is the lack of European-suitable US car models, not trade barriers.

US Tariffs on EU Cars: Product, Not Trade, is the Real Issue

US President Trump imposed 25% tariffs on imported cars from the EU starting Thursday, claiming unfair trade practices; however, experts argue that the real issue is the lack of European-suitable US car models, not trade barriers.

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Responsible Consumption and Production

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What are the primary reasons for the limited success of US automakers in the European market?

US President Trump imposed 25% tariffs on imported cars, citing unfair European trade practices. However, experts like Stefan Bratzel contend that the poor performance of US automakers in Europe stems from their failure to meet consumer preferences, not trade barriers. Tesla is noted as an exception, though it recently experienced a 13% sales drop.

lexpress.fr

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Apr 4, 13:18

Trump's Selective Tariffs: Geopolitical Strategy or Oversight?

President Trump's new tariffs exclude Russia, Belarus, Cuba, and North Korea due to pre-existing sanctions and minimal trade, despite impacting sparsely populated territories; however, a bipartisan bill proposes steep tariffs on nations buying Russian oil and gas.

Trump's Selective Tariffs: Geopolitical Strategy or Oversight?

President Trump's new tariffs exclude Russia, Belarus, Cuba, and North Korea due to pre-existing sanctions and minimal trade, despite impacting sparsely populated territories; however, a bipartisan bill proposes steep tariffs on nations buying Russian oil and gas.

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Peace, Justice, and Strong Institutions

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How do existing sanctions and the drastic reduction in US-Russia trade impact the decision to exempt Russia from the new tariffs?

The exclusion of Russia, Belarus, Cuba, and North Korea from new US tariffs is a politically motivated decision, seemingly linked to ongoing negotiations and existing sanctions. Trade between the US and Russia has plummeted over 90% since 2021 due to sanctions imposed after the invasion of Ukraine, reaching its lowest point since 1992. Only essential goods like fertilizers and rare metals continue to be traded.

theguardian.com

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Apr 4, 19:17

Florida Entrepreneur Sues Trump Over China Tariffs

Florida entrepreneur Emily Ley sued President Trump on Thursday, challenging his new China tariffs as illegal and harmful to American small businesses; China responded with retaliatory tariffs, adding to global market turmoil.

Florida Entrepreneur Sues Trump Over China Tariffs

Florida entrepreneur Emily Ley sued President Trump on Thursday, challenging his new China tariffs as illegal and harmful to American small businesses; China responded with retaliatory tariffs, adding to global market turmoil.

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What are the potential long-term systemic impacts of this legal challenge on trade policy and global economic stability?

This legal challenge could set a precedent affecting future tariff implementations and trade relations with China. The outcome will significantly impact small businesses' ability to compete and could influence the broader economic climate and global trade agreements. Continued trade tensions and potential further legal challenges are expected.

elpais.com

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Apr 4, 01:18

Vox Blames EU, Not Trump, for US Tariffs Harming Spanish Agriculture

Facing criticism for its stance on US tariffs harming Spanish agriculture, Vox deflects blame onto EU institutions and domestic rivals, while simultaneously promoting its leader's relationship with Donald Trump as a solution, despite admitting the tariffs' existence.

Vox Blames EU, Not Trump, for US Tariffs Harming Spanish Agriculture

Facing criticism for its stance on US tariffs harming Spanish agriculture, Vox deflects blame onto EU institutions and domestic rivals, while simultaneously promoting its leader's relationship with Donald Trump as a solution, despite admitting the tariffs' existence.

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How does Vox's response to the US tariffs reflect its broader political strategy and alignment with international actors?

Vox's strategy of deflecting blame for US tariffs onto the EU and its domestic rivals reveals a prioritization of political expediency over advocating for Spanish interests. This approach underscores the party's close alignment with Trump, despite the economic harm it inflicts on key supporters. The internal document highlights a calculated attempt to shift public opinion away from criticism of Trump's trade policies.",

forbes.com

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Apr 4, 04:11

Trump's Tariff Plan Causes \$40.2 Million Loss in Trump Media Stake

President Donald Trump's stake in Trump Media & Technology Group fell by \$40.2 million on Thursday, following a market downturn caused by his new sweeping tariff plan affecting imports from over 180 countries.

Trump's Tariff Plan Causes \$40.2 Million Loss in Trump Media Stake

President Donald Trump's stake in Trump Media & Technology Group fell by \$40.2 million on Thursday, following a market downturn caused by his new sweeping tariff plan affecting imports from over 180 countries.

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Reduced Inequality

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What is the immediate financial impact on Donald Trump resulting from the market reaction to his new tariff plan?

On Thursday, Donald Trump's stake in Trump Media & Technology Group, the parent company of Truth Social, decreased by \$40.2 million, despite the stock's outperformance in a market downturn triggered by Trump's new tariff plan. This decline represents a significant loss for Trump, whose net worth is substantially tied to this investment.

es.euronews.com

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Apr 4, 07:15

Spain Unveils €14.1 Billion Plan to Counter US Tariffs

Spain and the European Union unveiled a €14.1 billion plan to counter US tariffs on European goods, focusing on protecting businesses and jobs while advocating for a unified and proportionate EU response.

Spain Unveils €14.1 Billion Plan to Counter US Tariffs

Spain and the European Union unveiled a €14.1 billion plan to counter US tariffs on European goods, focusing on protecting businesses and jobs while advocating for a unified and proportionate EU response.

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Decent Work and Economic Growth

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How does Spain's response to these tariffs reflect broader concerns about global trade and the role of the EU?

The US decision to impose tariffs is framed by Spain as an attack on global trade, rejecting claims of unfair European tariffs. Spain's response prioritizes a unified EU strategy, including potential counter-tariffs and market reforms, while simultaneously offering financial aid for impacted Spanish businesses and workers. This approach balances defensive measures with proactive economic adjustments.

abcnews.go.com

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Apr 4, 22:14

Trump's Tariffs: Misleading Reciprocity and Flawed Calculations

President Trump announced tariffs on numerous trading partners, claiming reciprocity despite evidence showing that the calculations—dividing a nation's trade deficit by its imports and halving the result—lack economic validity, eliciting criticism from experts who argue that this approach ignores es...

Trump's Tariffs: Misleading Reciprocity and Flawed Calculations

President Trump announced tariffs on numerous trading partners, claiming reciprocity despite evidence showing that the calculations—dividing a nation's trade deficit by its imports and halving the result—lack economic validity, eliciting criticism from experts who argue that this approach ignores es...

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Reduced Inequality

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How do economic experts assess the methodology used to calculate the tariff rates, and what are its underlying assumptions?

The White House's justification for the tariffs centers on addressing trade deficits, linking them to a combination of tariff and non-tariff barriers. However, economic experts contend that trade deficits are primarily market-driven, not solely caused by import policies, rendering the administration's rationale flawed.

abcnews.go.com

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Apr 4, 04:11

Trump's Trade War Cripples Kentucky Bourbon

Retaliatory tariffs imposed by the EU (50%) and Canada (25%) on American whiskey, stemming from President Trump's trade war, threaten Kentucky's bourbon industry, which exports over $43 million worth of whiskey to Canada annually; the situation jeopardizes the growth of small distilleries and may le...

Trump's Trade War Cripples Kentucky Bourbon

Retaliatory tariffs imposed by the EU (50%) and Canada (25%) on American whiskey, stemming from President Trump's trade war, threaten Kentucky's bourbon industry, which exports over $43 million worth of whiskey to Canada annually; the situation jeopardizes the growth of small distilleries and may le...

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How does the trade war between the US, EU, and Canada expose the vulnerability of globally integrated industries?

The trade war's impact on Kentucky bourbon demonstrates the interconnectedness of global markets. Canada's import ban alone affected $965 million in annual sales, highlighting the vulnerability of even dominant industries to retaliatory trade measures. The Kentucky bourbon industry's reliance on exports, particularly to Canada and the EU, underscores the high stakes of international trade disputes.

bbc.com

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Apr 4, 22:13

US Excludes Russia From Tariffs Amid Sanctions, Sparks Mocking Response From Russia

The US excluded Russia from new tariffs due to existing sanctions preventing significant trade, contrasting with the inclusion of smaller trading partners like Syria; this prompted mocking reactions from Russian media, while Ukraine faces a 10% tariff despite substantial US aid.

US Excludes Russia From Tariffs Amid Sanctions, Sparks Mocking Response From Russia

The US excluded Russia from new tariffs due to existing sanctions preventing significant trade, contrasting with the inclusion of smaller trading partners like Syria; this prompted mocking reactions from Russian media, while Ukraine faces a 10% tariff despite substantial US aid.

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Peace, Justice, and Strong Institutions

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Why did the US exclude Russia from its newly imposed tariffs despite its ongoing conflict with Ukraine?

The US imposed tariffs on numerous countries, but notably excluded Russia due to pre-existing sanctions that effectively halt significant trade. This contrasts with the inclusion of countries with far less trade volume, like Syria, highlighting a policy inconsistency. The exclusion also prompted mocking commentary from Russian state media.

dw.com

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Apr 4, 13:18

Trump Administration Imposes Tariffs on Remote Territories with Minimal US Trade

The Trump administration imposed tariffs on several remote territories with minimal trade with the US, including Jan Mayen (Norway), Tokelau (New Zealand), Christmas Island, Heard and McDonald Islands, and Norfolk Island (Australia), leading to confusion and questions about the policy's rationale.

Trump Administration Imposes Tariffs on Remote Territories with Minimal US Trade

The Trump administration imposed tariffs on several remote territories with minimal trade with the US, including Jan Mayen (Norway), Tokelau (New Zealand), Christmas Island, Heard and McDonald Islands, and Norfolk Island (Australia), leading to confusion and questions about the policy's rationale.

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What are the immediate economic consequences of the Trump administration's tariffs on remote territories with minimal trade with the US?

The Trump administration imposed tariffs on several remote territories, including Jan Mayen (Norway), Tokelau (New Zealand), Christmas Island (Australia), Heard and McDonald Islands (Australia), and Norfolk Island (Australia). These territories have minimal economic interaction with the US, leading to confusion and questioning the rationale behind the tariffs.

Showing 241 to 252 of 1,023 results