Tag #International Trade

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theglobeandmail.com

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Apr 18, 04:09

Canada's China Policy: Short-Term Gains, Long-Term Risks

Canada's alignment with the U.S.'s anti-China trade policy offers short-term benefits through increased access to the U.S. market, but this approach jeopardizes Canada's long-term economic sovereignty and trade relationships with other nations, as exemplified by the recent 100% tariff on Chinese ele...

Canada's China Policy: Short-Term Gains, Long-Term Risks

Canada's alignment with the U.S.'s anti-China trade policy offers short-term benefits through increased access to the U.S. market, but this approach jeopardizes Canada's long-term economic sovereignty and trade relationships with other nations, as exemplified by the recent 100% tariff on Chinese ele...

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What are the potential long-term economic and geopolitical consequences for Canada of continuing to align its China policy with that of the U.S.?

Continued alignment with the U.S. on China could lead to higher costs for Canadian businesses, reduced international trade flexibility, and damage Canada's reputation as a reliable trading partner. Canada's lack of independent action on trade policy with China, compared to the EU's approach, showcases the potential consequences. The long-term cost of foregoing economic sovereignty in favor of short-term gains needs careful consideration.

sueddeutsche.de

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Apr 18, 19:19

Volkswagen Proposes US Audi Production to Counter New Tariffs

Facing new US tariffs on imported cars, Volkswagen CEO Oliver Blume proposed producing Audi vehicles in the US to appease President Trump, aiming to maintain market share and investment in a key growth region while navigating trade complexities.

Volkswagen Proposes US Audi Production to Counter New Tariffs

Facing new US tariffs on imported cars, Volkswagen CEO Oliver Blume proposed producing Audi vehicles in the US to appease President Trump, aiming to maintain market share and investment in a key growth region while navigating trade complexities.

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How might Volkswagen's proposed US production of Audi vehicles affect the broader automotive industry and global trade?

Volkswagen's proposed Audi production in the US is a direct response to President Trump's new tariffs on imported cars. The company aims to demonstrate its commitment to the US market by creating jobs and investing in local production, thereby offsetting the negative impacts of tariffs. This action reflects a larger trend of companies strategically adjusting their manufacturing to accommodate fluctuating trade policies.

foxnews.com

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Apr 18, 01:15

Trump Calls Biden "Worst President," Praising Carter's Legacy

During a White House press conference with Italian Prime Minister Giorgia Meloni, President Donald Trump declared President Joe Biden the worst U.S. president, claiming President Jimmy Carter died content knowing he wasn't.

Trump Calls Biden "Worst President," Praising Carter's Legacy

During a White House press conference with Italian Prime Minister Giorgia Meloni, President Donald Trump declared President Joe Biden the worst U.S. president, claiming President Jimmy Carter died content knowing he wasn't.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of Trump's statement on the current political climate, specifically regarding the Biden administration?

President Donald Trump stated that President Jimmy Carter died peacefully knowing he wasn't the worst U.S. president, a title Trump attributed to President Joe Biden. Trump made these remarks during a press conference with Italian Prime Minister Giorgia Meloni. This statement comes amidst ongoing criticism of President Biden's cognitive abilities.

cnn.com

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Apr 17, 19:19

Ford Warns of Higher Car Prices Due to Tariffs

Ford warned dealers of upcoming car price increases due to President Trump's 25% tariffs on imported cars, effective April 3rd; the tariffs could add thousands of dollars to the cost of vehicles, impacting production and supply.

Ford Warns of Higher Car Prices Due to Tariffs

Ford warned dealers of upcoming car price increases due to President Trump's 25% tariffs on imported cars, effective April 3rd; the tariffs could add thousands of dollars to the cost of vehicles, impacting production and supply.

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How will the reduced supply of vehicles due to tariffs affect car prices in the US?

The tariffs' impact connects to broader economic trends. Increased car production costs, estimated at $2,500-$5,000 for the cheapest American cars and up to $20,000 for imports (Anderson Economic Group), will likely reduce supply. This reduced supply, combined with weaker consumer demand, could lead to price increases.

edition.cnn.com

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Apr 17, 22:11

Ford Warns of Car Price Hikes Due to Tariffs

Ford warned dealers of upcoming car price increases due to President Trump's 25% tariff on imported cars, effective April 3; the tariff could add thousands to car prices, potentially impacting millions of vehicles, yet consumer demand may curb price increases compared to 2021.

Ford Warns of Car Price Hikes Due to Tariffs

Ford warned dealers of upcoming car price increases due to President Trump's 25% tariff on imported cars, effective April 3; the tariff could add thousands to car prices, potentially impacting millions of vehicles, yet consumer demand may curb price increases compared to 2021.

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How do the tariffs connect to broader economic trends and consumer behavior in the automotive market?

The tariffs' impact connects to broader economic patterns: increased production costs, reduced supply, and potential price hikes for consumers. The 25% tariff could add $2,500-$5,000 to the cost of the cheapest American cars and up to $20,000 for imported models.

cbsnews.com

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Apr 17, 04:12

Potential Tariffs Spark Panic Buying in US Cosmetics Market

President Trump's potential 25% tariff on South Korean cosmetics and 24% on Japanese imports is causing panic buying at stores like Senti Senti in Brooklyn, which imports almost all of its products from these countries; this follows a recent 90-day pause on new tariffs.

Potential Tariffs Spark Panic Buying in US Cosmetics Market

President Trump's potential 25% tariff on South Korean cosmetics and 24% on Japanese imports is causing panic buying at stores like Senti Senti in Brooklyn, which imports almost all of its products from these countries; this follows a recent 90-day pause on new tariffs.

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How do social media influencers and consumer behavior contribute to the impact of potential tariffs on the U.S. cosmetics market?

The potential tariffs on Korean and Japanese cosmetics threaten the booming U.S. market, which imported over \$7.5 billion in cosmetics last year, with \$1.7 billion from South Korea alone. Social media significantly influences sales, as demonstrated by Senti Senti's customer base. The uncertainty impacts small businesses like Ranavat, which sources ingredients internationally.

china.org.cn

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Apr 18, 07:17

China's Supply Chain Expo Tackles U.S. Tariff Disruptions

The 2024 China International Supply Chain Expo (CISCE) in Beijing addresses global supply chain instability caused by U.S. tariffs, bringing together businesses to foster collaboration and resilience, with over 200 cooperation pacts signed in 2023.

China's Supply Chain Expo Tackles U.S. Tariff Disruptions

The 2024 China International Supply Chain Expo (CISCE) in Beijing addresses global supply chain instability caused by U.S. tariffs, bringing together businesses to foster collaboration and resilience, with over 200 cooperation pacts signed in 2023.

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What are the most significant consequences of recent U.S. tariffs on global supply chain stability, and how does the CISCE aim to mitigate these consequences?

The 2024 China International Supply Chain Expo (CISCE) in Beijing highlights the global instability caused by U.S. tariffs disrupting supply chains across various sectors, from automotive to footwear and electric vehicles. The expo aims to foster collaboration and resilience in the face of these disruptions.

english.kyodonews.net

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Apr 18, 19:20

Japan Seeks "Specific Progress" in U.S. Tariff Talks

Japanese Prime Minister Shigeru Ishiba seeks "specific progress" in ongoing U.S.-Japan tariff negotiations following a first round of talks deemed "frank and constructive," aiming to address a $63 billion trade surplus and broader concerns.

Japan Seeks "Specific Progress" in U.S. Tariff Talks

Japanese Prime Minister Shigeru Ishiba seeks "specific progress" in ongoing U.S.-Japan tariff negotiations following a first round of talks deemed "frank and constructive," aiming to address a $63 billion trade surplus and broader concerns.

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What are the immediate implications of the first round of Japan-U.S. tariff negotiations?

Following the first round of bilateral tariff negotiations between Japan and the U.S., Japanese Prime Minister Shigeru Ishiba urged negotiators to accelerate preparations for the next round, aiming for "specific progress." The talks, deemed "frank and constructive," involved high-level meetings with President Trump and key U.S. officials. Japan seeks to address concerns about U.S. tariffs on Japanese exports.

forbes.com

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Apr 17, 04:12

U.S. Business Interests at Stake Amidst International Treaty Review

President Trump initiated a review of U.S. participation in international organizations to assess alignment with U.S. interests, prompting debate over potential benefits of increased private sector involvement versus risks of ceding global influence and facing unfavorable regulations; the recent glo...

U.S. Business Interests at Stake Amidst International Treaty Review

President Trump initiated a review of U.S. participation in international organizations to assess alignment with U.S. interests, prompting debate over potential benefits of increased private sector involvement versus risks of ceding global influence and facing unfavorable regulations; the recent glo...

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What long-term systemic impacts could result from the U.S. ceding influence in global rule-setting bodies, particularly concerning digital trade and environmental regulations?

Continued U.S. engagement in international organizations is crucial for advancing American business interests in areas like digital trade and chemical regulations. Failure to actively participate risks jeopardizing the e-commerce moratorium, impacting U.S. businesses heavily reliant on electronic data transmission, and creating barriers to market access and global competitiveness.

dw.com

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Apr 17, 19:19

California Sues Trump Administration Over Unilateral Tariff Policy

California is suing the Trump administration over its tariff policy, arguing the president exceeded his authority by imposing tariffs without Congressional approval; the state projects billions of dollars in potential losses and the lawsuit is considered the strongest reaction yet to Trump's tariffs...

California Sues Trump Administration Over Unilateral Tariff Policy

California is suing the Trump administration over its tariff policy, arguing the president exceeded his authority by imposing tariffs without Congressional approval; the state projects billions of dollars in potential losses and the lawsuit is considered the strongest reaction yet to Trump's tariffs...

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What is the central legal challenge in California's lawsuit against the Trump administration's tariff policy?

California sued the Trump administration over its tariff policy, arguing the president lacked Congressional approval for such sweeping economic changes. California's Attorney General, Rob Bonta, stated that the president's actions are a violation of democratic processes. Governor Gavin Newsom called the tariffs "one of the most self-destructive actions we've seen in modern American history", citing negative impacts on Californian families and businesses.

fr.euronews.com

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Apr 17, 22:11

European Firms Rush US Exports Amid Tariff Fears

European firms are accelerating exports to the US via Antwerp port, fearing increased US tariffs, with a 3% rise in Q1 2025 container exports compared to Q1 2024; however, the overall impact remains limited, with steel and vehicle exports showing modest increases of 2% and 1%, respectively.

European Firms Rush US Exports Amid Tariff Fears

European firms are accelerating exports to the US via Antwerp port, fearing increased US tariffs, with a 3% rise in Q1 2025 container exports compared to Q1 2024; however, the overall impact remains limited, with steel and vehicle exports showing modest increases of 2% and 1%, respectively.

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What is the immediate impact of potential US tariff increases on European exports to the US, specifically focusing on the Antwerp port?

Facing potential US tariff hikes, some European firms are accelerating exports to the US, with container shipments via Antwerp port to the US increasing by 3% in Q1 2025 compared to Q1 2024. This increase is slightly higher in specific sectors, with steel and vehicle exports rising by 2% and 1% respectively. However, the overall impact on the port remains limited.

politico.eu

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Apr 16, 07:14

Meloni Seeks to Avert Trump's Tariffs on EU Exports

Italian Prime Minister Giorgia Meloni travels to Washington to persuade President Trump to avoid imposing new tariffs on EU exports, leveraging her strong personal relationship with him to potentially avert a major trade war impacting Italy's €40 billion trade surplus with the U.S.

Meloni Seeks to Avert Trump's Tariffs on EU Exports

Italian Prime Minister Giorgia Meloni travels to Washington to persuade President Trump to avoid imposing new tariffs on EU exports, leveraging her strong personal relationship with him to potentially avert a major trade war impacting Italy's €40 billion trade surplus with the U.S.

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What are the immediate economic consequences for Italy if Trump imposes the new tariffs?

Italian Prime Minister Giorgia Meloni will meet with President Trump to discuss potential tariffs on European exports to the U.S. Her close relationship with Trump makes her uniquely positioned to negotiate, potentially averting a damaging trade war for Italy and the EU. Italy's €40 billion trade surplus with the U.S. is at stake.

Showing 529 to 540 of 1,450 results