Tag #International Trade

smh.com.au
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Australian Dollar Plummets to Lowest Since Pandemic

The Australian dollar has fallen to US61¢, its lowest point since the pandemic's start, due to a weak Chinese economy, potential US tariffs, and fewer expected US rate cuts; this impacts inflation, the government budget, and house prices.

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40% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
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Ontario Premier Rejects Trump's Annexation Proposal, Threatens Retaliation

President-elect Trump's threat to impose a 25% tariff on Canadian exports and his suggestion that Canada become the 51st U.S. state have been met with strong opposition from Ontario Premier Doug Ford, who countered by suggesting Canada purchase Alaska and Minnesota.

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44% Bias Score

Decent Work and Economic Growth
cnn.com
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Canada Prepares Retaliatory Tariffs Amidst Potential US Trade War

Canada is preparing retaliatory tariffs on US goods, including energy, alcohol, and steel, if President-elect Trump imposes a 25% tariff on Canadian goods, potentially escalating into a trade war impacting global consumer prices and energy supplies.

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48% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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Rosatom to Sue Siemens Energy Over Delays at Turkey's Akkuyu Nuclear Plant

Rosatom plans to sue Siemens Energy for delayed delivery of equipment for Turkey's Akkuyu nuclear plant, citing lengthy German export license approvals; Siemens Energy says all necessary permits are now issued, but Rosatom may use Chinese replacements.

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36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Canada's Trade Surplus with U.S. Grows Amid Trump's Tariff Threats

Canada's November trade deficit shrank to $323 million, while its surplus with the U.S. rose to $8.2 billion, despite overall export growth. This comes amid President-elect Trump's threats of tariffs on Canadian goods due to unresolved border security concerns and criticisms of trade deficits.

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40% Bias Score

Decent Work and Economic Growth
bbc.com
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Trump Threatens Canada with Tariffs Over Border Security

President-elect Donald Trump threatened to impose a 25% tariff on Canadian goods unless Canada increases border security, prompting warnings of significant economic damage and Canada's consideration of counter-tariffs, while Ontario supports increased border security.

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44% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Marca 2025: Record Growth and Global Expansion in Private Label

The 21st edition of Marca, a private label trade show, will take place in Bologna, Italy from January 14-16, 2025, featuring 1300 companies (+23% from 2024) across 35,000 square meters (+26%), with international buyers and events focusing on sustainability.

Progress

48% Bias Score

Responsible Consumption and Production
dw.com
🌐 75% Global Worthiness
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Rosatom to Sue Siemens Energy Over Turkey Nuclear Plant Delays

Rosatom plans to sue Siemens Energy for delayed equipment delivery to Turkey's Akkuyu nuclear power plant, citing German bureaucracy despite receiving export permits; Russia sourced Chinese replacements.

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40% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Misunderstanding of U.S. Trade Deficit and Dollar Dominance

President-elect Trump's claim of a US$100 million annual subsidy to Canada via the U.S. trade deficit is refuted by economists who explain that this deficit strengthens the U.S. dollar's global dominance, a phenomenon described as an "exorbitant privilege.

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36% Bias Score

Reduced Inequality
taz.de
🌐 85% Global Worthiness
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WEF Barometer Shows Decline in Global Cooperation

The World Economic Forum's 2024 Global Cooperation Barometer, released January 2024, shows a slight overall decline in global cooperation due to increased conflicts (Ukraine, Middle East, Sudan) and decreased cross-border trade (-8%), although some progress was seen in climate funding and global hea...

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48% Bias Score

Peace, Justice, and Strong Institutions
cnnespanol.cnn.com
🌐 85% Global Worthiness
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Trump's Advisors Weigh Universal Tariffs Amidst Internal Divisions

President-elect Donald Trump is pushing for universal tariffs on foreign imports, with advisors exploring a 10% tariff on all imports and a 60% tariff on Chinese goods, although adjustments are under consideration due to political and economic realities; internal divisions exist among his advisors o...

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Biden Blocks Nippon Steel's U.S. Steel Acquisition

President Joe Biden blocked Nippon Steel's $14.9 billion acquisition of U.S. Steel on Friday, citing national security concerns, despite concessions offered by Nippon Steel, including giving the U.S. government veto power over production; this follows a year of review and political opposition, poten...

Progress

40% Bias Score

Decent Work and Economic Growth