Tag #Protectionism

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china.chinadaily.com.cn

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Apr 9, 13:20

China Issues White Paper, Condemns US Tariffs, Vows Retaliation

China released a white paper on April 9th, 2024, outlining its position on US-China trade relations, criticizing recent US tariffs totaling 74% on Chinese goods as protectionist and unilateral, and vowing further countermeasures if the US escalates.

China Issues White Paper, Condemns US Tariffs, Vows Retaliation

China released a white paper on April 9th, 2024, outlining its position on US-China trade relations, criticizing recent US tariffs totaling 74% on Chinese goods as protectionist and unilateral, and vowing further countermeasures if the US escalates.

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What are the key points of contention in the US-China trade dispute, and how do these impact the global economy?

The Chinese government issued a white paper on April 9th, 2024, detailing its stance on US-China trade relations, citing recent US tariffs on Chinese goods as the impetus. These tariffs, totaling 74% on various goods, are viewed by China as protectionist and unilateral.

us.cnn.com

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Apr 9, 13:19

Trump's New Tariffs Risk Global Recession

President Trump imposed substantial new tariffs on goods from numerous countries, including a 104% rate on Chinese imports, escalating trade tensions and potentially triggering a global recession, despite warnings from economists and market volatility.

Trump's New Tariffs Risk Global Recession

President Trump imposed substantial new tariffs on goods from numerous countries, including a 104% rate on Chinese imports, escalating trade tensions and potentially triggering a global recession, despite warnings from economists and market volatility.

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How were the new tariff rates calculated, and which countries were most affected?

These tariffs represent a major escalation of the ongoing trade war, impacting global markets. The new tariffs, combined with previous increases, constitute the largest US tax hike in nearly 60 years, potentially triggering household and business spending declines and supply chain disruptions. China, the most significantly impacted country, has vowed to respond.

cnnespanol.cnn.com

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Apr 9, 01:17

Trump Imposes 104% Tariff on All Chinese Imports

President Trump announced a 104% tariff on all Chinese imports, escalating trade tensions after China's planned 34% retaliatory tariff. This follows earlier tariffs imposed in February and represents a significant increase from the 34% previously anticipated.

Trump Imposes 104% Tariff on All Chinese Imports

President Trump announced a 104% tariff on all Chinese imports, escalating trade tensions after China's planned 34% retaliatory tariff. This follows earlier tariffs imposed in February and represents a significant increase from the 34% previously anticipated.

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How will China's retaliatory measures impact US businesses and consumers?

The 104% tariff on Chinese imports represents a significant escalation of trade tensions between the US and China. China's retaliatory tariffs and Trump's increased tariffs are expected to negatively impact both countries' economies, potentially leading to job losses and disrupted supply chains. The US imported $439 billion from China in 2022, while exporting $144 billion.

usa.chinadaily.com.cn

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Apr 9, 04:11

China Confident Amidst US Tariff Hikes, Seeks EU Cooperation

Chinese Premier Li Qiang voiced confidence in China's economic strength despite new US tariffs on Chinese and EU imports, advocating for open cooperation with the EU to counter US protectionism during a phone call with European Commission President Ursula von der Leyen.

China Confident Amidst US Tariff Hikes, Seeks EU Cooperation

Chinese Premier Li Qiang voiced confidence in China's economic strength despite new US tariffs on Chinese and EU imports, advocating for open cooperation with the EU to counter US protectionism during a phone call with European Commission President Ursula von der Leyen.

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What immediate economic impacts are anticipated in China due to the US tariff increases, and what policy tools will China employ to mitigate these effects?

Chinese Premier Li Qiang expressed confidence in China's economic resilience despite US tariff hikes, highlighting existing policy tools to mitigate negative impacts. He emphasized China's commitment to open cooperation and condemned US protectionism during a call with European Commission President Ursula von der Leyen.

welt.de

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Apr 9, 19:19

EU Imposes €26 Billion in Retaliatory Tariffs on US Steel and Aluminum

The EU announced retaliatory tariffs of €26 billion on US steel and aluminum imports, a response to US tariffs imposed a month prior, contrasting with China's more aggressive countermeasures. The potential US revenue from tariffs on EU goods totals €81 billion.

EU Imposes €26 Billion in Retaliatory Tariffs on US Steel and Aluminum

The EU announced retaliatory tariffs of €26 billion on US steel and aluminum imports, a response to US tariffs imposed a month prior, contrasting with China's more aggressive countermeasures. The potential US revenue from tariffs on EU goods totals €81 billion.

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What is the EU's response to the recent US tariffs, and how does it compare to China's reaction?

The EU is imposing retaliatory tariffs of €26 billion on US steel and aluminum imports, a response to US tariffs imposed a month prior, not the newly implemented tariffs. This contrasts with China's more significant retaliatory actions, including a tariff increase to 84 percent on all US imports.

english.elpais.com

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Apr 9, 19:19

Misuse of Economic Research in Justifying Trump's Tariffs

Researchers Pau S. Pujolas and Jack Rossbach's study on trade wars, cited by the White House to justify President Trump's tariffs, is being misinterpreted; Pujolas argues the model's parameters and the actual tariffs imposed differ significantly, potentially causing a global recession.

Misuse of Economic Research in Justifying Trump's Tariffs

Researchers Pau S. Pujolas and Jack Rossbach's study on trade wars, cited by the White House to justify President Trump's tariffs, is being misinterpreted; Pujolas argues the model's parameters and the actual tariffs imposed differ significantly, potentially causing a global recession.

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How does the model used in the research account for the trade deficit between countries and its potential influence on the outcome of a trade war?

Pujolas's research, using a supercomputer model and 2014 data, indicates that optimal tariffs could benefit a nation with a large trade deficit. The model suggests that, under specific conditions, tariffs could outweigh potential economic damage. However, the White House's application of this research differs significantly, as it applied tariffs beyond what Pujolas's model suggests as optimal.

nrc.nl

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Apr 9, 13:20

US Imposes Sweeping Import Tariffs, Escalating Trade War

The US implemented sweeping import tariffs on Wednesday, July 10th, 2019, significantly impacting China (104% tariff increase) and other nations, escalating a trade war and threatening global economic stability, despite President Trump's optimism.

US Imposes Sweeping Import Tariffs, Escalating Trade War

The US implemented sweeping import tariffs on Wednesday, July 10th, 2019, significantly impacting China (104% tariff increase) and other nations, escalating a trade war and threatening global economic stability, despite President Trump's optimism.

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What are the immediate economic consequences of the new US import tariffs, specifically regarding China and other affected nations?

On Wednesday, July 10th, 2019, the US imposed new import tariffs, impacting countries with significant trade deficits. These tariffs, escalating a trade war, particularly affect China, where imported goods now face a 104% tariff, doubling their cost. Other countries like those in Europe and South Asia also experience increased tariffs.

usa.chinadaily.com.cn

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Apr 9, 10:13

EU Plans Retaliatory Tariffs Amid US Trade Dispute

The EU is planning retaliatory tariffs on US exports after the US rejected its offer of zero-for-zero tariffs on cars and industrial goods, but internal divisions among member states are hindering a unified response, raising concerns about the future of the global trading system.

EU Plans Retaliatory Tariffs Amid US Trade Dispute

The EU is planning retaliatory tariffs on US exports after the US rejected its offer of zero-for-zero tariffs on cars and industrial goods, but internal divisions among member states are hindering a unified response, raising concerns about the future of the global trading system.

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How are internal disagreements among EU member states affecting the bloc's response to US tariffs?

The US rejection of the EU's tariff offer highlights the breakdown of trade negotiations and the challenges the EU faces in responding to protectionist measures. Differing interests among EU member states further complicate the situation, hindering a strong, unified counter-response. This reflects a broader trend of unilateralism undermining global trade norms.

hu.euronews.com

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Apr 9, 04:10

Trump Imposes 84% Tariff on All Chinese Imports

President Trump announced an additional 84% tariff on all Chinese imports, starting April 9th, totaling at least 104% due to China's lack of negotiation on trade imbalances. Nearly 70 countries expressed interest in bilateral trade agreements with the US, prioritizing allies and partners. Visits fro...

Trump Imposes 84% Tariff on All Chinese Imports

President Trump announced an additional 84% tariff on all Chinese imports, starting April 9th, totaling at least 104% due to China's lack of negotiation on trade imbalances. Nearly 70 countries expressed interest in bilateral trade agreements with the US, prioritizing allies and partners. Visits fro...

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How does the US plan to address its trade imbalances with other countries besides China?

The new tariffs represent an escalation of trade tensions between the US and China. The White House stated that nearly 70 countries have expressed interest in bilateral trade agreements with the US, prioritizing allies and partners. These agreements will focus on tariffs but may include other issues like security support.

lefigaro.fr

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Apr 9, 10:13

France Convenes Meeting to Address US Tariff Impacts

French Economy Minister Éric Lombard is convening a Wednesday meeting with economic stakeholders to address the impact of increased US tariffs on French businesses, aiming to coordinate a national and European response. Around 28,000 French companies export to the US, with 40% highly dependent on th...

France Convenes Meeting to Address US Tariff Impacts

French Economy Minister Éric Lombard is convening a Wednesday meeting with economic stakeholders to address the impact of increased US tariffs on French businesses, aiming to coordinate a national and European response. Around 28,000 French companies export to the US, with 40% highly dependent on th...

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What are the potential long-term consequences of these tariffs on French employment and the overall economy?

The long-term consequences for French employment remain unclear, though the meeting seeks to assess the situation. The coordination of French and European responses is crucial for mitigating the negative impacts of these tariffs on French businesses and the economy. The high concentration of exports to the US for a significant portion of French businesses highlights the vulnerability of the French economy to trade disputes.

elpais.com

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Apr 9, 10:13

Trump Triples Tariffs on Chinese Imports

President Trump raised tariffs on Chinese imports to 84%, exceeding China's retaliatory tariffs and tripling tariffs on low-value goods from companies like Temu and Shein, escalating trade tensions.

Trump Triples Tariffs on Chinese Imports

President Trump raised tariffs on Chinese imports to 84%, exceeding China's retaliatory tariffs and tripling tariffs on low-value goods from companies like Temu and Shein, escalating trade tensions.

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How might China respond to Trump's latest tariff increase, and what are the potential consequences?

Trump's action represents a significant intensification of trade tensions, potentially disrupting global supply chains and impacting consumer prices. China's retaliatory tariffs and Trump's response demonstrate an escalating cycle of protectionist measures.

dw.com

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Apr 9, 19:19

Trump's Non-Reciprocal Tariffs: A Trade Policy Shift

President Trump announced new tariffs on April 2nd, 2024, claiming they are "reciprocal," but economic analysis reveals they are significantly higher than tariffs imposed by other nations, contradicting his claim and potentially disrupting global trade.

Trump's Non-Reciprocal Tariffs: A Trade Policy Shift

President Trump announced new tariffs on April 2nd, 2024, claiming they are "reciprocal," but economic analysis reveals they are significantly higher than tariffs imposed by other nations, contradicting his claim and potentially disrupting global trade.

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How does the formula used by the Trump administration to determine these tariffs differ from a truly reciprocal approach based on existing trade barriers?

The US tariffs, while framed as "reciprocal," are actually significantly higher than tariffs imposed by other countries on US goods, contradicting the administration's claim. This approach is driven by a focus on bilateral trade deficits rather than actual trade barriers, as evidenced by the application of tariffs to countries with existing free trade agreements with the US. The consequences include disrupted trade relations and potential economic repercussions.

Showing 289 to 300 of 857 results