Tag #International Trade

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nos.nl

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Jul 8, 07:16

US-EU Tariff Dispute Threatens Ireland's Pharmaceutical Industry

Negotiations between the EU and the US over tariffs threaten Ireland's pharmaceutical industry, which employs 50,000 people and exports €100 billion annually. Failure to reach a deal by Wednesday could impose a 20% tariff, significantly harming Ireland's economy and potentially impacting US healthca...

US-EU Tariff Dispute Threatens Ireland's Pharmaceutical Industry

Negotiations between the EU and the US over tariffs threaten Ireland's pharmaceutical industry, which employs 50,000 people and exports €100 billion annually. Failure to reach a deal by Wednesday could impose a 20% tariff, significantly harming Ireland's economy and potentially impacting US healthca...

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How have Ireland's economic policies contributed to its current vulnerability in the face of US trade actions?

President Trump's desire to bring pharmaceutical manufacturing back to the US fuels this trade dispute. Ireland's low corporate tax rate and English-speaking workforce have attracted many US pharmaceutical companies, making it a significant exporter. A US tariff would not only harm Ireland but also raise healthcare costs in the US.

forbes.com

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Jul 8, 07:16

Trump Tariffs: Unprecedented Trade Barriers and Global Economic Uncertainty

The Trump administration's April tariffs, the most extensive since World War I, affect nearly all global goods, causing widespread economic uncertainty and potentially reducing long-term growth due to disruptions in complex global supply chains.

Trump Tariffs: Unprecedented Trade Barriers and Global Economic Uncertainty

The Trump administration's April tariffs, the most extensive since World War I, affect nearly all global goods, causing widespread economic uncertainty and potentially reducing long-term growth due to disruptions in complex global supply chains.

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How does the uncertainty surrounding the tariffs affect investment decisions and consumer behavior, and what evidence supports this impact?

The tariffs' impact extends beyond direct price increases. The uncertainty created discourages investment and consumer spending, as evidenced by a Schroders survey showing 65% of respondents citing the tariffs as their top macroeconomic concern. This "chilling effect" may persist even after tariff removal, potentially delaying economic recovery for years.

smh.com.au

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Jul 8, 01:17

Coalition MP Backs Primaries to Boost Female Representation

Senior Coalition MP Angus Taylor supports a US-style primary election model to increase female representation and rebuild the party, contrasting with his recent opposition to quotas; a Queensland zoo reopens after a lion attack; new US tariffs impact Australia; Qantas investigates a data breach affe...

Coalition MP Backs Primaries to Boost Female Representation

Senior Coalition MP Angus Taylor supports a US-style primary election model to increase female representation and rebuild the party, contrasting with his recent opposition to quotas; a Queensland zoo reopens after a lion attack; new US tariffs impact Australia; Qantas investigates a data breach affe...

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Gender Equality

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How does Angus Taylor's support for primaries contrast with his previous stance on quotas, and what are the underlying reasons for this shift?

Taylor's support for primaries follows his previous opposition to quotas, highlighting internal party divisions on strategies for boosting female representation. His emphasis on rebuilding the grassroots movement suggests a broader strategy beyond simply increasing female representation, potentially involving broader engagement with the electorate. The primary model aims to better align candidates with community values, potentially increasing voter engagement and satisfaction.

aljazeera.com

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Jul 7, 10:12

Trump's Trade Deadline Expires: Tariffs Rise, Global Economy Uncertain

President Trump's July 9th deadline for international trade deals resulted in increased tariffs for many countries, impacting global markets; China, the UK, and Vietnam reached partial agreements, reducing tariffs but not eliminating them, while the economic fallout remains uncertain.

Trump's Trade Deadline Expires: Tariffs Rise, Global Economy Uncertain

President Trump's July 9th deadline for international trade deals resulted in increased tariffs for many countries, impacting global markets; China, the UK, and Vietnam reached partial agreements, reducing tariffs but not eliminating them, while the economic fallout remains uncertain.

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How did the partial trade agreements reached by several countries affect the overall impact of Trump's tariffs?

Trump's trade policies created uncertainty, impacting economic forecasts. The World Bank and OECD lowered global growth projections due to anticipated tariff impacts. While some countries secured reduced tariffs, many faced higher levies, increasing prices and potentially hindering economic growth.

smh.com.au

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Jul 7, 01:11

Australian Market Steady Amidst Record US Stock Highs, Trade Concerns

Following record US stock market highs and stronger-than-expected US jobs data, the Australian sharemarket is expected to remain elevated, although concerns persist regarding potential sell signals and escalating trade tensions.

Australian Market Steady Amidst Record US Stock Highs, Trade Concerns

Following record US stock market highs and stronger-than-expected US jobs data, the Australian sharemarket is expected to remain elevated, although concerns persist regarding potential sell signals and escalating trade tensions.

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What are the long-term economic implications of the current US trade policy and the potential for escalating trade conflicts?

Hartnett suggests investors sell shares once the S&P 500 surpasses 6300 points, citing rising bubble risks amplified by a recently passed US fiscal package. While markets show signs of stability, anxieties persist regarding trade negotiations and potential global economic slowdown.

theguardian.com

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Jul 7, 04:11

Trump Announces New Tariffs, Effective August 1st

President Trump announced new tariffs on goods from US trade partners, effective August 1st, following a previously announced pause. Letters dictating rates will be sent starting Monday, while deals are being negotiated with some countries. This action continues the global trade war initiated by Pre...

Trump Announces New Tariffs, Effective August 1st

President Trump announced new tariffs on goods from US trade partners, effective August 1st, following a previously announced pause. Letters dictating rates will be sent starting Monday, while deals are being negotiated with some countries. This action continues the global trade war initiated by Pre...

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How do the new tariffs affect importers and the global economic landscape?

The new tariffs follow Trump's April announcement of a 10% base rate and additional duties up to 50%, impacting global markets. The August 1st effective date offers a three-week reprieve, but uncertainty persists. Treasury Secretary Bessent suggests deals will be made quickly to avoid the higher rates.

npr.org

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Jul 8, 04:13

Trump Imposes New Tariffs on Major Trading Partners

President Trump announced new tariffs ranging from 25% to 40% on several countries, including Japan and South Korea, effective August 1st, following months of delays and broken promises regarding trade deals, despite claims they would boost U.S. manufacturing and potentially increase consumer prices...

Trump Imposes New Tariffs on Major Trading Partners

President Trump announced new tariffs ranging from 25% to 40% on several countries, including Japan and South Korea, effective August 1st, following months of delays and broken promises regarding trade deals, despite claims they would boost U.S. manufacturing and potentially increase consumer prices...

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What are the immediate economic consequences of President Trump's newly announced tariffs on key trading partners?

President Trump initiated new tariffs on several countries, including Japan and South Korea, imposing rates as high as 40%, significantly increasing existing 10% rates. This follows months of delays and broken promises, impacting global trade and consumer prices.

cnn.com

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Jul 8, 19:19

Trump Extends Tariff Deadline, Markets React Milderly

President Trump extended the deadline for new tariffs on 14 countries to August 1st, prompting a muted reaction from global markets; investors view this as a negotiating tactic, contrasting with April's sharp market decline after similar tariff announcements.

Trump Extends Tariff Deadline, Markets React Milderly

President Trump extended the deadline for new tariffs on 14 countries to August 1st, prompting a muted reaction from global markets; investors view this as a negotiating tactic, contrasting with April's sharp market decline after similar tariff announcements.

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What is the immediate market impact of President Trump's renewed tariff threats, and what factors explain this reaction?

President Trump's renewed threat of tariffs has had a muted impact on global markets, with indices showing relatively small movements. The August 1st deadline extension and Trump's openness to negotiations have instilled investor optimism, contrasting with the sharp market drops seen in April. This suggests investors see the tariffs as a negotiating tactic rather than a firm policy.

bbc.com

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Jul 7, 07:13

Trump Threatens 10% Tariff on Countries Supporting Brics

US President Donald Trump announced a 10% tariff increase on goods from any country supporting the Brics alliance's policies that oppose US interests, following the Brics summit in Rio de Janeiro where members criticized US tariffs and proposed IMF reforms.

Trump Threatens 10% Tariff on Countries Supporting Brics

US President Donald Trump announced a 10% tariff increase on goods from any country supporting the Brics alliance's policies that oppose US interests, following the Brics summit in Rio de Janeiro where members criticized US tariffs and proposed IMF reforms.

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What is the immediate economic impact of President Trump's new tariff policy on countries aligning with Brics?

President Trump announced a 10% tariff increase on goods from countries supporting Brics policies deemed against US interests. This follows Brics criticism of US tariffs and proposals for IMF reforms. The new tariffs will affect a large portion of the global population as Brics members account for over half of the world's population.

es.euronews.com

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Jul 7, 10:12

China Imposes Tariffs on EU Brandy, Impacting French Beverage Makers

China imposed 34.9% tariffs on EU brandy exports, starting July 5th, impacting French beverage makers due to alleged dumping practices; however, major cognac producers received partial exemption by committing to minimum pricing.

China Imposes Tariffs on EU Brandy, Impacting French Beverage Makers

China imposed 34.9% tariffs on EU brandy exports, starting July 5th, impacting French beverage makers due to alleged dumping practices; however, major cognac producers received partial exemption by committing to minimum pricing.

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Why did China impose these tariffs, and what evidence supports or refutes the claims of dumping?

The tariffs stem from China's finding of "dumping," where EU producers allegedly sold below market value. spiritsEUROPE, a trade group representing EU spirits producers, disputes this, citing substantial evidence against dumping. The resulting price increases could significantly reduce Chinese consumer demand.

cbsnews.com

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Jul 7, 04:11

White House to Pressure Trading Partners with Tariff Deadline

The White House will send letters to numerous countries this week, warning of higher tariffs starting August 1st unless new trade deals are reached by Wednesday; President Trump has confirmed around 15 letters will be sent starting Monday, with more to follow; the administration is primarily focused...

White House to Pressure Trading Partners with Tariff Deadline

The White House will send letters to numerous countries this week, warning of higher tariffs starting August 1st unless new trade deals are reached by Wednesday; President Trump has confirmed around 15 letters will be sent starting Monday, with more to follow; the administration is primarily focused...

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What are the potential long-term impacts of this tariff strategy on global trade relationships and economic stability?

The outcome will significantly impact global trade. Failure to reach agreements could trigger higher tariffs, disrupting global supply chains and potentially escalating trade tensions. The administration's strategy highlights a shift toward bilateral deals, potentially reshaping the global trade landscape.

npr.org

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Jul 7, 13:15

Trump Administration Announces New Tariffs, Following Months of Uncertainty

The Trump administration will implement new tariffs on imports starting August 1st, following a series of announcements and temporary reductions, with deals reached with the UK and Vietnam resulting in tariffs higher than pre-Trump levels despite being lower than initially announced.

Trump Administration Announces New Tariffs, Following Months of Uncertainty

The Trump administration will implement new tariffs on imports starting August 1st, following a series of announcements and temporary reductions, with deals reached with the UK and Vietnam resulting in tariffs higher than pre-Trump levels despite being lower than initially announced.

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What are the immediate economic consequences of the new tariffs announced by the Trump administration, and how will they affect U.S. consumers?

The Trump administration will send letters on Monday informing countries of new tariffs on their exports starting August 1st. Two deals have been made, with the UK and Vietnam, resulting in lowered, yet still significantly higher than pre-Trump levels, tariffs on goods from those countries. This follows months of uncertainty after an initial imposition of tariffs in April, leading to a temporary reduction before the current increase.

Showing 241 to 252 of 1,488 results