Tag #International Trade

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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.

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.

lefigaro.fr

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Jul 6, 01:11

EU-US Trade Deal Deadline Looms; Threat of Punitive Tariffs

French Economy Minister Eric Lombard anticipates a weekend resolution to avoid US punitive tariffs on EU exports, with stronger European countermeasures threatened if negotiations fail; President Trump plans to send letters detailing these tariffs to affected countries on Monday, potentially impacti...

EU-US Trade Deal Deadline Looms; Threat of Punitive Tariffs

French Economy Minister Eric Lombard anticipates a weekend resolution to avoid US punitive tariffs on EU exports, with stronger European countermeasures threatened if negotiations fail; President Trump plans to send letters detailing these tariffs to affected countries on Monday, potentially impacti...

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What is the immediate impact of a potential failure to reach a US-EU trade agreement by the deadline?

The July 9th deadline for a US trade deal, set by President Trump, may be moved up. French Economy Minister Eric Lombard expects a weekend agreement to avoid punitive tariffs, suggesting stronger European responses if none is reached. A delegation from the European Commission is in Washington for negotiations.

bari.repubblica.it

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Jul 6, 22:11

Puglia's Economy Slowdown Amidst Global Uncertainty

At a recent forum, Emanuele di Palma, President of BCC San Marzano, highlighted that global uncertainties, tariffs, and geopolitical conflicts are negatively impacting Puglia's economy, marked by weak domestic demand and decreased exports in key sectors, particularly those trading with the US. Famil...

Puglia's Economy Slowdown Amidst Global Uncertainty

At a recent forum, Emanuele di Palma, President of BCC San Marzano, highlighted that global uncertainties, tariffs, and geopolitical conflicts are negatively impacting Puglia's economy, marked by weak domestic demand and decreased exports in key sectors, particularly those trading with the US. Famil...

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What are the most significant immediate economic consequences of global uncertainty on the regional economy of Puglia, Italy?

International tensions directly impact the real economy, weakening investor confidence and slowing investments," says Emanuele di Palma, President of BCC San Marzano, highlighting that the Bank of Italy describes this as 'expansion without intensity'. This impacts Puglia, with 0.5% GDP growth in 2024, below the national average and Southern Italy.

kathimerini.gr

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Jul 5, 10:10

Trump to Announce Tariffs on 12 Trading Partners

President Trump signed letters detailing tariffs on goods from 12 unnamed US trading partners, to be sent Monday, following a July 9th deadline for trade agreements; tariffs will vary and may reach 60-70%, starting August 1st.

Trump to Announce Tariffs on 12 Trading Partners

President Trump signed letters detailing tariffs on goods from 12 unnamed US trading partners, to be sent Monday, following a July 9th deadline for trade agreements; tariffs will vary and may reach 60-70%, starting August 1st.

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What immediate impact will President Trump's announced tariffs have on US trading partners?

President Trump signed letters outlining tariffs on goods from 12 US trading partners, to be sent Monday. He refused to name the countries, stating an announcement will be made Monday. The tariffs vary, potentially reaching 60-70%.

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.

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.

edition.cnn.com

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Jul 6, 22:10

Trump Administration to Send Tariff Letters to 100 Countries

The Trump administration will send tariff letters to roughly 100 countries, potentially reinstating tariffs unless trade deals are reached by July 9th, marking the end of a 90-day pause. Tariffs could range from 10% to 70%, though the higher rate is unlikely for major partners.

Trump Administration to Send Tariff Letters to 100 Countries

The Trump administration will send tariff letters to roughly 100 countries, potentially reinstating tariffs unless trade deals are reached by July 9th, marking the end of a 90-day pause. Tariffs could range from 10% to 70%, though the higher rate is unlikely for major partners.

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What immediate consequences will the upcoming tariff letters have on global trade relations?

The Trump administration will send tariff letters to approximately 100 countries in the coming days, potentially reinstating tariffs from April 2nd unless trade deals are reached. These letters may set tariffs as low as 10% or as high as 70%, although the 70% rate won't apply to major trading partners. Treasury Secretary Bessent stated that many of these countries haven't engaged in negotiations.

us.cnn.com

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Jul 6, 22:10

Trump Administration to Send Tariff Letters to 100 Countries

Treasury Secretary Scott Bessent announced that the Trump administration will send tariff letters to roughly 100 countries in the coming days, potentially setting tariff rates from 10% to 70%, as a 90-day tariff pause ends; the administration claims leverage due to the US trade deficit and cites the...

Trump Administration to Send Tariff Letters to 100 Countries

Treasury Secretary Scott Bessent announced that the Trump administration will send tariff letters to roughly 100 countries in the coming days, potentially setting tariff rates from 10% to 70%, as a 90-day tariff pause ends; the administration claims leverage due to the US trade deficit and cites the...

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What are the immediate consequences of the Trump administration's decision to send tariff letters to approximately 100 countries?

The Trump administration will send tariff letters to approximately 100 countries, mostly smaller ones with minimal trade volume, currently subject to a 10% baseline tariff. These letters, issued following a 90-day tariff pause, aim to finalize tariff rates before August 1st, with rates potentially ranging from 10% to 70%, though the administration denies imposing 70% on major partners. Failure to reach agreements will revert tariffs to April's levels.

theglobeandmail.com

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Jul 5, 04:10

Canada Explores Financial Aid for Rio Tinto Amidst Crushing U.S. Tariffs

The Canadian government is discussing financial aid with Rio Tinto to mitigate the impact of the U.S.'s 50 percent tariffs on aluminum and steel imports, which threatens Canadian aluminum production and jobs in Quebec's Saguenay region, prompting Canada to explore liquidity support for businesses an...

Canada Explores Financial Aid for Rio Tinto Amidst Crushing U.S. Tariffs

The Canadian government is discussing financial aid with Rio Tinto to mitigate the impact of the U.S.'s 50 percent tariffs on aluminum and steel imports, which threatens Canadian aluminum production and jobs in Quebec's Saguenay region, prompting Canada to explore liquidity support for businesses an...

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What immediate actions is the Canadian government taking to address the negative impacts of U.S. tariffs on its aluminum industry?

The Canadian government is in talks with Rio Tinto to offer financial aid due to substantial U.S. tariffs on aluminum and steel, impacting Canadian aluminum production and jobs. Minister Joly confirmed these discussions, highlighting the need for liquidity support to protect Canadian businesses and employment within the aluminum sector.

liberation.fr

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Jul 5, 22:11

EU-US Trade Talks: France Urges Weekend Deal to Avert Punitive Tariffs

French Economy Minister Eric Lombard anticipates a weekend resolution to avoid US punitive tariffs; otherwise, the EU will respond more forcefully. The US had threatened tariffs ranging from 10% to 70%, but negotiations are underway. Failure could escalate trade tensions.

EU-US Trade Talks: France Urges Weekend Deal to Avert Punitive Tariffs

French Economy Minister Eric Lombard anticipates a weekend resolution to avoid US punitive tariffs; otherwise, the EU will respond more forcefully. The US had threatened tariffs ranging from 10% to 70%, but negotiations are underway. Failure could escalate trade tensions.

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How does the French Minister's comparison of the US to a "bully" relate to broader geopolitical dynamics?

The US threatened to impose tariffs ranging from 10% to 70% on various countries' exports, initially scheduled for July 9th. These tariffs, which were temporarily suspended, are now subject to ongoing negotiations. Lombard's comments highlight the urgency and potential trade war escalation if a deal isn't reached.

Showing 253 to 264 of 1,493 results