Tag #Protectionism

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cnnespanol.cnn.com

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Apr 5, 16:11

Trump's Universal Tariff Sparks Global Trade War and Recession Fears

President Trump's new 10% tariff on nearly all U.S. imports, effective Saturday, has sparked a trade war with China and fears of a global recession; economists predict significant negative impacts on the U.S. economy.

Trump's Universal Tariff Sparks Global Trade War and Recession Fears

President Trump's new 10% tariff on nearly all U.S. imports, effective Saturday, has sparked a trade war with China and fears of a global recession; economists predict significant negative impacts on the U.S. economy.

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What are the immediate economic consequences of the newly implemented 10% tariff on all U.S. imports?

President Trump implemented a 10% tariff on almost all goods entering the U.S., effective Saturday. This has sparked outrage among U.S. trading partners and domestic businesses, investors, and consumers. Economists fear this could trigger a global recession, and retaliatory tariffs from China have already begun a trade war.

lemonde.fr

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Apr 5, 13:18

Trump's Tariffs Cripple Developing Nations

On April 2nd, 2019, Donald Trump imposed tariffs ranging from 45% to 50% on imports from numerous developing countries, including Myanmar, Cambodia, Sri Lanka, and Lesotho, despite these countries' economic vulnerabilities and previous U.S. development aid, potentially causing significant economic a...

Trump's Tariffs Cripple Developing Nations

On April 2nd, 2019, Donald Trump imposed tariffs ranging from 45% to 50% on imports from numerous developing countries, including Myanmar, Cambodia, Sri Lanka, and Lesotho, despite these countries' economic vulnerabilities and previous U.S. development aid, potentially causing significant economic a...

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How do Trump's tariffs interact with existing U.S. development policies and aid programs?

Trump's tariffs exacerbate existing economic vulnerabilities in developing nations. Countries like Cambodia, with a GDP comparable to USAID's budget, face tariffs as high as 97% (reduced to 49% after Trump's announcement), undermining their economic growth. The withdrawal of USAID subsidies further compounds the negative impact, leaving these nations with fewer resources and limited export revenue.

chinadaily.com.cn

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Apr 5, 04:11

US-China Trade War Escalates: Global Recession Fears Rise

The Trump administration's latest tariff policy, canceling tax exemptions on low-value packages from China, triggered a series of retaliatory measures from China, including tariff hikes and export controls, prompting warnings of a global economic downturn and calls for de-escalation from the UN.

US-China Trade War Escalates: Global Recession Fears Rise

The Trump administration's latest tariff policy, canceling tax exemptions on low-value packages from China, triggered a series of retaliatory measures from China, including tariff hikes and export controls, prompting warnings of a global economic downturn and calls for de-escalation from the UN.

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How did China respond to the US tariffs, and what are the potential long-term economic implications of this trade dispute?

This trade war harms everyone involved, as warned by UN Secretary-General Antonio Guterres. The US tariffs prompted retaliatory measures from China, impacting various sectors and potentially triggering a global recession. Economists and analysts widely predict negative consequences for both nations and the global economy.

cnn.com

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Apr 5, 16:11

Trump's New Tariffs: A Simplified Calculation with Potentially Severe Economic Consequences

President Trump imposed sweeping tariffs on numerous countries Wednesday, using a simplified calculation based on trade deficits rather than actual foreign tariffs, which could lead to significant trade disputes and economic consequences.

Trump's New Tariffs: A Simplified Calculation with Potentially Severe Economic Consequences

President Trump imposed sweeping tariffs on numerous countries Wednesday, using a simplified calculation based on trade deficits rather than actual foreign tariffs, which could lead to significant trade disputes and economic consequences.

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What are the immediate economic consequences of President Trump's newly announced tariffs, considering the methodology used and the potential for retaliatory measures?

President Trump announced massive tariffs on numerous trading partners, claiming reciprocity, but the calculation used was unrelated to foreign tariffs, instead factoring in a simplified formula involving trade deficits, investment, and regulations. This method, dividing a country's trade deficit by its exports to the US and multiplying by 1/2, lacks transparency and could harm US relations and businesses.

bbc.com

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Apr 5, 10:09

Trump's Tariff Calculation: A Formula and its Economic Implications

President Trump implemented tariffs on imports from numerous countries, calculated by dividing each country's trade deficit with the US by total imports from that country and then halving the result; economists warn that while this might reduce bilateral deficits, it's unlikely to impact the overall...

Trump's Tariff Calculation: A Formula and its Economic Implications

President Trump implemented tariffs on imports from numerous countries, calculated by dividing each country's trade deficit with the US by total imports from that country and then halving the result; economists warn that while this might reduce bilateral deficits, it's unlikely to impact the overall...

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Are the tariffs imposed by Trump reciprocal, and how does this approach differ from traditional reciprocal tariff systems?

The formula used to calculate Trump's tariffs simplifies to dividing a country's trade deficit with the US by its total imports from the US, then halving the result. For example, with China, a $295 billion deficit divided by $440 billion in total imports, halved, results in a 34% tariff. This method, however, isn't reciprocal; it doesn't consider tariffs imposed by other countries.

africa.chinadaily.com.cn

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Apr 5, 16:12

US Imposes Steep Tariffs on Southeast Asian Goods

The US imposed new tariffs on Southeast Asian goods, ranging from 17 percent (Philippines) to 49 percent (Cambodia), causing significant concern and potentially harming export-driven economies like Vietnam and Thailand, pushing ASEAN towards greater regional economic integration.

US Imposes Steep Tariffs on Southeast Asian Goods

The US imposed new tariffs on Southeast Asian goods, ranging from 17 percent (Philippines) to 49 percent (Cambodia), causing significant concern and potentially harming export-driven economies like Vietnam and Thailand, pushing ASEAN towards greater regional economic integration.

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How do the varying tariff rates imposed by the US on different ASEAN countries reflect the underlying dynamics of US trade policy?

The new US tariffs represent a departure from free trade principles, which Southeast Asia has historically relied on for growth. The uneven impact across ASEAN countries highlights the vulnerability of nations with significant US export markets to unilateral trade actions. This is exemplified by Vietnam's projected export decline.

theguardian.com

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Apr 5, 10:09

Trump Imposes Sweeping Tariffs, Marking a Sharp Turn Away from Globalization

President Trump implemented tariffs ranging from 10% to 50% on various US trading partners, triggering market declines and marking a departure from globalization; he has advocated for this policy for decades, despite widespread opposition from economists and politicians.

Trump Imposes Sweeping Tariffs, Marking a Sharp Turn Away from Globalization

President Trump implemented tariffs ranging from 10% to 50% on various US trading partners, triggering market declines and marking a departure from globalization; he has advocated for this policy for decades, despite widespread opposition from economists and politicians.

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How does Trump's current trade policy compare to his past statements and actions regarding tariffs?

Trump's trade policy, characterized by a deep-seated belief in tariffs, contrasts sharply with the views of many economists and politicians who consider it risky and flawed. His actions, reminiscent of Brexit in their drastic nature, reflect a long-held conviction to prioritize American economic independence, dating back to at least 1987.

nrc.nl

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Apr 5, 10:09

Trump's Import Tariffs Trigger Global Market Decline

President Trump announced significant import tariffs on multiple countries on Wednesday, resulting in immediate global market declines and fears of a global recession due to expected retaliatory measures, reversing decades of post-war free trade policies.

Trump's Import Tariffs Trigger Global Market Decline

President Trump announced significant import tariffs on multiple countries on Wednesday, resulting in immediate global market declines and fears of a global recession due to expected retaliatory measures, reversing decades of post-war free trade policies.

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What are the immediate economic consequences of Trump's new import tariffs?

President Trump initiated a trade war by imposing significant import tariffs on various countries, leading to immediate negative reactions in global markets. The stock markets plummeted, the dollar weakened, and economic forecasts were revised downward, increasing fears of a global recession. Retaliatory measures from other countries further escalated tensions.

dw.com

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Apr 5, 13:18

Trump's 10% Global Tariffs Take Effect, Sparking Trade War

President Trump's 10% global tariffs on imported goods went into effect on April 5th, impacting 184 countries and territories, excluding some goods like oil and certain minerals. China responded with retaliatory tariffs and export controls on rare earth materials, raising concerns of a global recess...

Trump's 10% Global Tariffs Take Effect, Sparking Trade War

President Trump's 10% global tariffs on imported goods went into effect on April 5th, impacting 184 countries and territories, excluding some goods like oil and certain minerals. China responded with retaliatory tariffs and export controls on rare earth materials, raising concerns of a global recess...

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What are the immediate consequences of President Trump's new 10% global tariffs?

President Trump's new 10% tariffs on imported goods went into effect on April 5th, impacting nearly every country. While some goods are exempt (oil, certain minerals, etc.), this broad tariff affects nearly all other imports. This action adds to existing tariffs, further escalating trade tensions.

kathimerini.gr

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Apr 5, 16:12

China retaliates against US tariffs, escalating trade war

China condemned the US's trade policies as violations of WTO rules, prompting retaliatory tariffs of 34% on all American goods and export restrictions on rare earths, escalating the trade war. The US imposed additional 34% tariffs on Chinese goods, bringing the total to 54% this year.

China retaliates against US tariffs, escalating trade war

China condemned the US's trade policies as violations of WTO rules, prompting retaliatory tariffs of 34% on all American goods and export restrictions on rare earths, escalating the trade war. The US imposed additional 34% tariffs on Chinese goods, bringing the total to 54% this year.

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What are the immediate consequences of the recent US tariffs on Chinese goods and China's subsequent countermeasures?

China strongly criticized the US's trade policies, stating they violate WTO rules and undermine the rules-based multilateral trading system. In response to new US tariffs, China implemented countermeasures including additional tariffs on US goods and restrictions on rare earth exports, escalating the trade war between the two countries. This follows the US imposing additional 34% tariffs on Chinese goods, bringing the total to 54% this year.

lemonde.fr

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Apr 5, 16:11

Trump's Unprecedented Tariffs Spark Calls for EU Action

Sébastien Jean, an economics professor, calls for the EU to tax U.S. digital services in response to Donald Trump's unprecedented and indiscriminate tariff increases announced April 2nd, which surpass even the 1930s levels, threatening global economic stability.

Trump's Unprecedented Tariffs Spark Calls for EU Action

Sébastien Jean, an economics professor, calls for the EU to tax U.S. digital services in response to Donald Trump's unprecedented and indiscriminate tariff increases announced April 2nd, which surpass even the 1930s levels, threatening global economic stability.

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What are the main arguments for and against the EU taxing U.S. digital services in response to the new tariffs, considering the challenges of implementing such a tax?

This tariff surge, exceeding the average of the 1930s despite a far more open global economy, reflects a 19th-century approach in the 21st century—treating the world as isolated silos instead of interconnected value chains. The lack of strategic targeting across all sectors is puzzling, potentially harming both consumer purchasing power and exporter competitiveness.

africa.chinadaily.com.cn

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Apr 5, 22:14

China Condemns US Tariff Abuse, Vows to Protect Interests

China strongly condemned the US's use of tariffs on Saturday, calling it economic bullying that violates WTO rules and harms the global economic order; China vows to take resolute measures to protect its interests and promote multilateralism.

China Condemns US Tariff Abuse, Vows to Protect Interests

China strongly condemned the US's use of tariffs on Saturday, calling it economic bullying that violates WTO rules and harms the global economic order; China vows to take resolute measures to protect its interests and promote multilateralism.

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How does China's statement frame the US's tariff policies within the context of broader geopolitical and economic principles?

China's statement connects the US tariff actions to broader patterns of unilateralism and protectionism, arguing they undermine the multilateral trading system and violate fundamental economic principles. It emphasizes the negative impacts on global economic stability and the need for mutual benefit in trade relations.

Showing 13 to 24 of 528 results