Tag #Protectionism

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spanish.china.org.cn

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Mar 24, 10:11

Global South Finance Forum Calls for New Equitable Financial Order

The 2025 Global South Finance Forum, held in Beijing from March 19-21, concluded with a consensus to create a more equitable global financial system, addressing challenges like rising protectionism and technological blockades impacting the Global South's economic growth and influence.

Global South Finance Forum Calls for New Equitable Financial Order

The 2025 Global South Finance Forum, held in Beijing from March 19-21, concluded with a consensus to create a more equitable global financial system, addressing challenges like rising protectionism and technological blockades impacting the Global South's economic growth and influence.

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Reduced Inequality

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How have rising protectionism and technological blockades impacted the economic growth and global influence of Global South nations?

The forum highlights the growing economic power of the Global South, which contributed 42 percent of global real GDP in 2024, up from 26 percent in 2006. However, participants noted challenges like rising protectionism (nearly 3,000 new trade-distorting measures in 2023) and technological blockades, impacting the Global South's influence in the international financial system despite its significant economic contribution.

kathimerini.gr

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Mar 20, 13:16

Trump Pressures Fed Amidst Tariff-Driven Economic Uncertainty

President Trump's renewed pressure on the Federal Reserve to cut interest rates, despite the Fed's decision to maintain them due to inflation and economic slowdown concerns, stems from his planned extensive tariff increases starting April 2nd, causing tension between Trump and Fed Chair Powell and r...

Trump Pressures Fed Amidst Tariff-Driven Economic Uncertainty

President Trump's renewed pressure on the Federal Reserve to cut interest rates, despite the Fed's decision to maintain them due to inflation and economic slowdown concerns, stems from his planned extensive tariff increases starting April 2nd, causing tension between Trump and Fed Chair Powell and r...

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What are the potential long-term implications of the ongoing conflict between President Trump and the Federal Reserve for the US economy and the Fed's independence?

The Fed's decision to hold rates reflects concerns about inflation and economic slowdown stemming from Trump's tariffs. This inaction will likely exacerbate Trump's attacks on Fed Chair Powell, potentially leading to further political pressure on the Fed's independence and increased economic uncertainty.

theglobeandmail.com

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Mar 19, 01:12

Buy Canadian" Movement Delivers Economic Blow to U.S., Boost to Canada

Trade tensions between Canada and the U.S. have sparked a "Buy Canadian" movement, resulting in significant losses for U.S. tourism and spirits industries (declines of up to 85 percent in bookings and major deal losses), while boosting Canadian grocery sales by up to 10 percent; the shift could boos...

Buy Canadian" Movement Delivers Economic Blow to U.S., Boost to Canada

Trade tensions between Canada and the U.S. have sparked a "Buy Canadian" movement, resulting in significant losses for U.S. tourism and spirits industries (declines of up to 85 percent in bookings and major deal losses), while boosting Canadian grocery sales by up to 10 percent; the shift could boos...

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How are trade tensions and government policies contributing to the "Buy Canadian" movement's impact?

This "Buy Canadian" movement, combining consumer boycotts and government policy, is causing substantial economic repercussions in the U.S. The drop in Canadian tourism is projected to result in over \$2.1 billion in spending losses and 14,000 job losses in the U.S. Conversely, shifting consumer spending in Canada could boost Canada's GDP by 1 percent and create 74,000 jobs if travel spending also shifts domestically.

euronews.com

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Mar 19, 22:16

EU Limits Steel Imports by 15% to Combat US Tariffs and Asian Competition

To counter 25% US tariffs and Asian competition impacting its steel industry, the EU announced a 15% steel import reduction starting April 1st, 2024, alongside an investigation into aluminum imports and a new "melted and poured" rule to prevent trade defense measure circumvention.

EU Limits Steel Imports by 15% to Combat US Tariffs and Asian Competition

To counter 25% US tariffs and Asian competition impacting its steel industry, the EU announced a 15% steel import reduction starting April 1st, 2024, alongside an investigation into aluminum imports and a new "melted and poured" rule to prevent trade defense measure circumvention.

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How does the EU's current action relate to previous measures implemented to protect its steel industry from unfair trade practices?

This import reduction is a continuation of measures first introduced in 2018 and renewed several times since then, reflecting ongoing concerns about global steel overcapacities, particularly in Asia, and the impact of US tariffs on EU markets. The EU aims to maintain its position as a significant global steel player.

it.euronews.com

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Mar 19, 22:16

EU to Limit Steel Imports by 15% Amid US Tariffs and Asian Competition

Facing US tariffs and Asian competition, the European Commission announced a 15 percent reduction in steel imports starting April 1st, 2024, alongside an investigation into market conditions and a new rule to prevent trade regulation circumvention.

EU to Limit Steel Imports by 15% Amid US Tariffs and Asian Competition

Facing US tariffs and Asian competition, the European Commission announced a 15 percent reduction in steel imports starting April 1st, 2024, alongside an investigation into market conditions and a new rule to prevent trade regulation circumvention.

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How will the EU's new measures aim to prevent circumvention of trade regulations by foreign steel producers?

This measure is in response to the 25 percent US tariffs on steel imports and overcapacity in the global steel market, mainly in Asia, which has impacted European steelmakers' order books. The EU previously used safeguard measures in 2018 and will investigate the market to determine further actions.

dw.com

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Mar 17, 19:17

OECD Lowers Global Growth Forecast Due to Trump-Era Trade Restrictions

The OECD lowered its 2025 global growth forecast to 3.1 percent and 2026 to 3 percent, citing increased trade barriers from Trump-era policies as the primary cause, impacting the US, Canada, Mexico, the Eurozone, and Germany, with potential for improvement if trade conflicts de-escalate.

OECD Lowers Global Growth Forecast Due to Trump-Era Trade Restrictions

The OECD lowered its 2025 global growth forecast to 3.1 percent and 2026 to 3 percent, citing increased trade barriers from Trump-era policies as the primary cause, impacting the US, Canada, Mexico, the Eurozone, and Germany, with potential for improvement if trade conflicts de-escalate.

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What is the primary reason for the OECD's downward revision of global economic growth forecasts, and what are the immediate consequences?

The OECD lowered its global economic growth forecast to 3.1 percent in 2025 and 3 percent in 2026, down from 3.3 percent predicted in December, primarily due to the significant trade restrictions imposed by the Trump administration. This reduction reflects weakening global growth prospects and increased economic risks stemming from heightened global economic fragmentation.

french.china.org.cn

🌐 85% Global Worthiness

Mar 21, 10:12

OECD Lowers Global Growth Forecast Amidst Rising Trade Barriers

Amidst rising global trade barriers and geopolitical uncertainty, the OECD lowered its global economic growth forecast, while raising China's forecast and lowering the US's; China reiterated its commitment to free trade, criticizing protectionist measures.

OECD Lowers Global Growth Forecast Amidst Rising Trade Barriers

Amidst rising global trade barriers and geopolitical uncertainty, the OECD lowered its global economic growth forecast, while raising China's forecast and lowering the US's; China reiterated its commitment to free trade, criticizing protectionist measures.

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What is the immediate impact of rising global trade barriers on projected economic growth in major economies?

The OECD lowered its global economic growth forecast for 2025 to 3.1 percent and 3 percent for 2026, citing increased trade barriers and geopolitical uncertainty. China's growth forecast was raised to 4.8 percent for 2025, while the US forecast slowed to 2.2 percent in 2025 and 1.6 percent in 2026. Chinese officials affirmed their commitment to free trade and multilateralism, rejecting protectionist measures.

euronews.com

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Mar 20, 19:17

EU to Limit Steel Imports by 15% Amid US Tariffs and Asian Competition

Facing a 25% US tariff and Asian competition, the EU announced a 15% reduction in steel imports starting April 1st, 2024, to protect its steel industry, alongside a new "melted and poured" rule to prevent trade defense measure circumvention and an investigation into aluminum imports.

EU to Limit Steel Imports by 15% Amid US Tariffs and Asian Competition

Facing a 25% US tariff and Asian competition, the EU announced a 15% reduction in steel imports starting April 1st, 2024, to protect its steel industry, alongside a new "melted and poured" rule to prevent trade defense measure circumvention and an investigation into aluminum imports.

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How does the EU plan to prevent circumvention of trade defense measures in the steel and metals sectors?

This decision is a direct response to global steel overcapacities, particularly in Asia, which have significantly reduced order books for European steel plants. The EU's plan includes a new "melted and poured" rule to prevent circumvention of trade defense measures by foreign importers.

europe.chinadaily.com.cn

🌐 85% Global Worthiness

Mar 19, 04:12

Trump's Tariffs: Economic Fallout and EU Response

President Trump's reciprocal tariff policy, targeting countries with tariffs on US goods, is causing higher prices for US consumers and businesses, harming US exporters, and disproportionately impacting the European Union's auto, machinery, pharmaceutical, and aerospace sectors, potentially leading ...

Trump's Tariffs: Economic Fallout and EU Response

President Trump's reciprocal tariff policy, targeting countries with tariffs on US goods, is causing higher prices for US consumers and businesses, harming US exporters, and disproportionately impacting the European Union's auto, machinery, pharmaceutical, and aerospace sectors, potentially leading ...

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How does the reciprocal tariff policy specifically impact the European Union and its major industries?

The policy disproportionately impacts the EU, particularly its auto, machinery, pharmaceutical, and aerospace sectors, potentially leading to economic slowdown and job losses in the EU. Conversely, China's progress in electric vehicle production could exacerbate challenges for EU automakers.

pt.euronews.com

🌐 85% Global Worthiness

Mar 19, 22:16

EU Limits Steel Imports by 15% to Counter US Tariffs and Asian Competition

Facing 25% US tariffs and Asian competition, the EU will limit steel imports by 15% from April 1st, 2024, aiming to protect its steel industry and potentially investigate aluminum imports, while also introducing a new "melt and pour" rule to combat trade circumvention.

EU Limits Steel Imports by 15% to Counter US Tariffs and Asian Competition

Facing 25% US tariffs and Asian competition, the EU will limit steel imports by 15% from April 1st, 2024, aiming to protect its steel industry and potentially investigate aluminum imports, while also introducing a new "melt and pour" rule to combat trade circumvention.

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How will the EU's 15% steel import limit impact European steel production and global trade dynamics?

The European Commission announced a 15% import limit on steel starting April 1st, aiming to counter 25% US tariffs and Asian competition that have significantly impacted European steelmakers' order books.", A2="This action follows a 2018 safeguard measure renewed multiple times, reflecting ongoing concerns about global steel overcapacity, particularly from Asia. The new limit aims to reduce imports by an additional 15%.", A3="The Commission plans to replace the expiring 2026 safeguard clause by Q3 2025 and investigate potential safeguard measures for aluminum. A new "melt and pour" rule will target circumvention of trade defense measures by foreign importers, addressing final production stages in third countries before EU export.", Q1="How will the EU's 15% steel import limit impact European steel production and global trade dynamics?", Q2="What are the underlying causes of the EU's steel industry challenges, and how do US tariffs and Asian competition contribute to these issues?", Q3="What are the potential long-term consequences of the EU's steel import restrictions, and how might other countries respond to these measures?", ShortDescription="Facing 25% US tariffs and Asian competition, the EU will limit steel imports by 15% from April 1st, 2024, aiming to protect its steel industry and potentially investigate aluminum imports, while also introducing a new "melt and pour" rule to combat trade circumvention.", ShortTitle="EU Limits Steel Imports by 15% to Counter US Tariffs and Asian Competition")) 100% based on the article, providing essential context and immediate implications in 2-3 concise sentences. Include specific data, actions, or consequences, avoiding repetition of the ShortDescription. In English.

forbes.com

🌐 90% Global Worthiness

Mar 18, 01:19

US Tariffs Trigger Market Correction, Raising Recession Fears

The Trump administration's 25% tariff on steel and aluminum imports caused a sharp market correction, with the Dow Jones Industrial Average falling 3.07% and the S&P 500 losing 2.27% last week, triggering retaliatory measures from the EU and creating concerns about a potential recession.

US Tariffs Trigger Market Correction, Raising Recession Fears

The Trump administration's 25% tariff on steel and aluminum imports caused a sharp market correction, with the Dow Jones Industrial Average falling 3.07% and the S&P 500 losing 2.27% last week, triggering retaliatory measures from the EU and creating concerns about a potential recession.

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What is the immediate impact of the Trump administration's tariffs on the U.S. economy and financial markets?

The Trump administration's 25% tariff on steel and aluminum imports, impacting $150 billion in goods, triggered the S&P 500's fifth-fastest correction in 75 years, with the Dow Jones falling 3.07% and the S&P 500 losing 2.27% last week. This followed record market highs, highlighting the rapid shift in economic sentiment due to policy uncertainty. Retaliatory tariffs from the EU further exacerbate the situation.

elmundo.es

🌐 90% Global Worthiness

Mar 16, 01:10

Trump's Tariffs Fuel Global Economic Uncertainty

Donald Trump's renewed protectionist agenda, marked by significant tariffs on various imports, is causing global economic uncertainty, impacting investment, and threatening global supply chains, with negative consequences for the US and other economies, particularly the Eurozone and China.

Trump's Tariffs Fuel Global Economic Uncertainty

Donald Trump's renewed protectionist agenda, marked by significant tariffs on various imports, is causing global economic uncertainty, impacting investment, and threatening global supply chains, with negative consequences for the US and other economies, particularly the Eurozone and China.

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How do Trump's tariffs specifically impact the investment decisions of multinational corporations, and what sectors are most affected?

These tariffs act as a negative supply shock, increasing prices and reducing economic activity. The uncertainty surrounding their implementation creates a negative demand shock, delaying investment decisions. The resulting increased inflation expectations, decreased purchasing managers' index, lower consumer confidence, and stock market declines in the US reflect a heightened recession probability.

Showing 541 to 552 of 857 results