Tag #Protectionism

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sueddeutsche.de

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Mar 14, 07:13

Mercedes-Benz CEO Warns of US-EU Trade Conflict Impact

Mercedes-Benz CEO Ola Källenius voiced concern over a potential US-EU trade conflict, emphasizing Europe's export-dependent economy despite Mercedes's large US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) and US sales (324,500 cars and 49,500 vans in ...

Mercedes-Benz CEO Warns of US-EU Trade Conflict Impact

Mercedes-Benz CEO Ola Källenius voiced concern over a potential US-EU trade conflict, emphasizing Europe's export-dependent economy despite Mercedes's large US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) and US sales (324,500 cars and 49,500 vans in ...

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How does Mercedes-Benz's substantial US production and export activity influence its stance on the US-EU trade dispute?

While Mercedes-Benz's US production minimizes direct tariff impacts, the CEO's concern underscores Europe's export-driven economy's vulnerability in trade wars. Källenius points out that post-WWII European growth was significantly fueled by trade, making protectionism counterproductive. Mercedes's substantial US production (260,000 cars in Tuscaloosa alone) and export volume highlights its global interconnectedness.

zeit.de

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Mar 14, 07:13

Mercedes-Benz CEO Warns of Economic Risks from US-EU Trade Dispute

Mercedes-Benz CEO Ola Källenius expressed concern over escalating US-EU trade disputes, highlighting the company's long history and substantial investments in the US market while emphasizing the importance of global trade for economic growth. Despite its significant US manufacturing, Mercedes-Benz's...

Mercedes-Benz CEO Warns of Economic Risks from US-EU Trade Dispute

Mercedes-Benz CEO Ola Källenius expressed concern over escalating US-EU trade disputes, highlighting the company's long history and substantial investments in the US market while emphasizing the importance of global trade for economic growth. Despite its significant US manufacturing, Mercedes-Benz's...

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How does Mercedes-Benz's significant US manufacturing presence influence its perspective on the ongoing trade conflict?

The CEO's comments highlight the interconnected nature of global trade and the potential impact of protectionist policies on established multinational corporations. Mercedes-Benz's significant US production and export activities demonstrate the complex web of economic relationships affected by trade disputes.

theglobeandmail.com

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Mar 13, 04:09

Trump's Tariffs on Steel and Aluminum to Hike Auto Industry Costs

President Trump's 25% tariffs on imported steel and aluminum, including auto parts, will significantly raise costs for the North American auto industry, prompting retaliatory tariffs from Canada and the European Union, potentially impacting global supply chains and leading to inflation and job losse...

Trump's Tariffs on Steel and Aluminum to Hike Auto Industry Costs

President Trump's 25% tariffs on imported steel and aluminum, including auto parts, will significantly raise costs for the North American auto industry, prompting retaliatory tariffs from Canada and the European Union, potentially impacting global supply chains and leading to inflation and job losse...

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What are the immediate economic consequences of the new steel and aluminum tariffs on the North American auto industry?

President Trump's 25% tariffs on imported steel and aluminum, including auto parts, will increase costs for both American consumers and businesses. This is particularly impactful for the North American auto industry, which relies on integrated, free-trade supply chains. Canada and the European Union have retaliated with their own tariffs, escalating the trade conflict.

europe.chinadaily.com.cn

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Mar 13, 13:11

US Tariffs on China Risk Global Trade Collapse

A discussion at the China Institute in America examined the potential long-term effects of US tariffs on China, which are currently around 39 percent on $440 billion in imports, with threats of increases to 60 percent; experts warn this could severely damage global trade and cause a recession.

US Tariffs on China Risk Global Trade Collapse

A discussion at the China Institute in America examined the potential long-term effects of US tariffs on China, which are currently around 39 percent on $440 billion in imports, with threats of increases to 60 percent; experts warn this could severely damage global trade and cause a recession.

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What are the immediate economic consequences of President Trump's tariff policy on US-China trade and global economic stability?

President Trump's tariffs on Chinese imports, currently around 39 percent on $440 billion worth of goods, and threatened increases to 60 percent, risk significantly disrupting global trade relations. Experts predict a near-total cessation of US-China trade at the higher tariff levels, impacting both nations' economies. These tariffs, along with potential reciprocal tariffs on other trading partners, are already causing economic concern.

aljazeera.com

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Mar 12, 10:11

US Tariffs Spark Global Trade War Retaliation

The United States implemented 25% tariffs on steel and 10% on aluminum imports, triggering retaliatory tariffs from the European Union and prompting other countries to weigh responses. These actions intensify global trade conflicts.

US Tariffs Spark Global Trade War Retaliation

The United States implemented 25% tariffs on steel and 10% on aluminum imports, triggering retaliatory tariffs from the European Union and prompting other countries to weigh responses. These actions intensify global trade conflicts.

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What are the immediate economic consequences of the US tariffs on steel and aluminum imports?

The US imposed 25% tariffs on steel and 10% on aluminum imports, prompting immediate retaliatory measures from the EU (26 billion euros on US goods) and Canada (considering reciprocal actions). Australia, while objecting, ruled out retaliatory tariffs. South Korea's steelmakers are considering US investments.

dw.com

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Mar 12, 22:14

US Stocks Plummet Amidst Trump's Protectionist Policies, Recession Fears Rise

On March 10th, US stocks plummeted following President Trump's return, driven by fears of recession due to protectionist trade policies; the Dow Jones dropped almost 900 points, while the 'Magnificent Seven' tech stocks lost over 20% since December, highlighting investor concerns about the economic ...

US Stocks Plummet Amidst Trump's Protectionist Policies, Recession Fears Rise

On March 10th, US stocks plummeted following President Trump's return, driven by fears of recession due to protectionist trade policies; the Dow Jones dropped almost 900 points, while the 'Magnificent Seven' tech stocks lost over 20% since December, highlighting investor concerns about the economic ...

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What immediate economic consequences resulted from President Trump's return and subsequent protectionist trade policies?

Following President Trump's return, US markets initially anticipated a positive impact due to his perceived negotiation skills. However, recent protectionist measures caused a significant market downturn on March 10th, with the Dow Jones falling almost 900 points, the S&P 500 dropping 2.7%, and the Nasdaq experiencing its largest decline in two and a half years, falling 4%. This downturn raises concerns about a potential US recession.

welt.de

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Mar 14, 07:13

Mercedes-Benz CEO Warns of US-EU Trade Conflict's Economic Ramifications

Mercedes-Benz CEO Ola Källenius voiced concerns about escalating US-EU trade conflicts, highlighting the company's 120-year US presence and substantial US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) alongside its global operations, emphasizing Europe...

Mercedes-Benz CEO Warns of US-EU Trade Conflict's Economic Ramifications

Mercedes-Benz CEO Ola Källenius voiced concerns about escalating US-EU trade conflicts, highlighting the company's 120-year US presence and substantial US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) alongside its global operations, emphasizing Europe...

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How does Mercedes-Benz's dual role as a manufacturer and importeexporter in the US influence its perspective on the trade dispute?

Källenius's comments underscore the intertwined nature of global trade and the potential ramifications of protectionist policies. While Mercedes-Benz benefits from US manufacturing, its extensive global operations, including plants in China and Europe, make it vulnerable to trade disruptions. He stresses the importance of free trade for European economic growth.

kathimerini.gr

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Mar 13, 10:10

EU Announces \$26 Billion in Retaliatory Tariffs Against US

The European Union announced \$26 billion in retaliatory tariffs against the United States in response to US tariffs on European aluminum and steel, escalating the trade conflict and impacting various American products and industries.

EU Announces \$26 Billion in Retaliatory Tariffs Against US

The European Union announced \$26 billion in retaliatory tariffs against the United States in response to US tariffs on European aluminum and steel, escalating the trade conflict and impacting various American products and industries.

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What immediate economic impacts resulted from the EU's response to US tariffs on European aluminum and steel?

The EU swiftly retaliated against the US's 25% tariffs on European aluminum and steel imports by announcing countermeasures targeting \$26 billion worth of American goods. This action, following the implementation of US tariffs, is expected to impact American product imports into the EU, aiming to offset the damage to European imports.

spanish.china.org.cn

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Mar 13, 10:11

US Tariffs Spark Global Trade War

The US imposed additional tariffs on steel and aluminum imports, triggering immediate retaliatory tariffs from China (€26 billion), the EU, and potential non-tariff barriers from Canada, raising concerns about global economic slowdown and increased inflation.

US Tariffs Spark Global Trade War

The US imposed additional tariffs on steel and aluminum imports, triggering immediate retaliatory tariffs from China (€26 billion), the EU, and potential non-tariff barriers from Canada, raising concerns about global economic slowdown and increased inflation.

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What are the immediate economic consequences of the US tariffs on steel and aluminum imports?

The US imposed additional tariffs on steel and aluminum imports, prompting immediate retaliatory measures from China, the EU, and Canada. China announced retaliatory tariffs on US goods, while the EU imposed tariffs worth up to €26 billion, and Canada hinted at non-tariff barriers.

smh.com.au

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Mar 12, 07:12

Trump's Tariffs Risk Global Trade War, Echoing 1930s Economic Crisis

President Trump's 25% tariff on steel and aluminum imports, impacting nearly $1 billion in Australian exports alone, risks triggering a global trade war reminiscent of the 1930s Smoot-Hawley Act, causing a 10% Dow Jones drop and over $1.5 trillion in losses.

Trump's Tariffs Risk Global Trade War, Echoing 1930s Economic Crisis

President Trump's 25% tariff on steel and aluminum imports, impacting nearly $1 billion in Australian exports alone, risks triggering a global trade war reminiscent of the 1930s Smoot-Hawley Act, causing a 10% Dow Jones drop and over $1.5 trillion in losses.

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What is the immediate economic impact of President Trump's tariffs on steel and aluminum, and how does it compare to historical precedents?

President Trump's 25% tariff on steel and aluminum imports, including nearly $1 billion from Australia, mirrors the Smoot-Hawley Act's damaging effects. This has already caused a 10% drop in the Dow Jones, wiping out over $1.5 trillion. While protecting some American industries, it increases prices for consumers and businesses reliant on these materials.

forbes.com

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Mar 12, 16:14

Trump's New Steel and Aluminum Tariffs Prompt EU Retaliation

President Trump's new 25% tariff on steel and aluminum imports to the U.S. takes effect Wednesday, impacting major importers like Canada, and prompting retaliatory tariffs from the European Union targeting Republican-held states.

Trump's New Steel and Aluminum Tariffs Prompt EU Retaliation

President Trump's new 25% tariff on steel and aluminum imports to the U.S. takes effect Wednesday, impacting major importers like Canada, and prompting retaliatory tariffs from the European Union targeting Republican-held states.

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How do the current tariffs compare to the 2018 tariffs imposed by President Trump, and what were the consequences of the previous tariffs?

The tariffs are a continuation of Trump's protectionist trade policies, aiming to boost domestic steel and aluminum production. However, past tariffs (2018) resulted in job losses in industries reliant on imported metals (75,000 jobs lost, per a 2020 study), while costing taxpayers over \$900,000 annually per job saved.

elmundo.es

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Mar 12, 22:14

Trump Escalates Trade War, Threatening Retaliatory Tariffs Against the EU

President Trump announced further retaliatory tariffs against the EU, escalating the ongoing trade war after similar conflicts with Canada and other countries; he justified these actions as necessary to reclaim what he claims other nations unjustly took from the US.

Trump Escalates Trade War, Threatening Retaliatory Tariffs Against the EU

President Trump announced further retaliatory tariffs against the EU, escalating the ongoing trade war after similar conflicts with Canada and other countries; he justified these actions as necessary to reclaim what he claims other nations unjustly took from the US.

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What are the immediate economic consequences of the US trade war's escalation, and how will it affect global markets?

The US initiated a trade war, escalating tariffs with Canada, Mexico, China, and the EU. These actions prompted retaliatory tariffs, creating a globally detrimental situation affecting billions. Despite this, President Trump maintains it's a winning strategy, predicting increased national wealth and tax cuts.

Showing 433 to 444 of 726 results