Tag #Protectionism

dw.com
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Bundesbank drastically cuts German growth forecasts

Germany's central bank, the Bundesbank, slashed its economic growth forecasts for 2025 and 2026 to 0.2% and 0.8%, respectively, citing persistent economic headwinds, structural problems, and a sharp decline in October exports (down 2.8% from September).

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40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Trump's Tariff Policy: Economic Realities vs. Political Rhetoric

President Trump's praise of tariffs contrasts sharply with economic analysis showing they increase consumer prices and cause job losses, as evidenced by the sugar and steel tariffs, while offering alternative policy tools for similar goals.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Exporters Hedge Against US Tariff Threat

Facing potential 25% US tariffs, Canadian exporters are increasing US inventory shipments and covering tariff costs for clients, mirroring 2018 responses to steel and aluminum tariffs, while also planning longer-term strategies like increased US production and market diversification.

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32% Bias Score

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french.china.org.cn
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EU to Impose Anti-Dumping Duties on Chinese Titanium Dioxide

The EU will impose definitive anti-dumping duties on Chinese titanium dioxide imports starting January 2025, prompting opposition from EU paint industries and a statement from China expressing concern and vowing to monitor the situation closely. This is one of 15 trade defense investigations the EU ...

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36% Bias Score

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politico.eu
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EU Faces High US Tariffs, Needs Multi-Pronged Strategy

The EU faces substantial new US tariffs (10-20% on most imports, 60% on Chinese goods), violating WTO agreements, and potentially causing significant economic and political instability; a multi-pronged strategy involving persuasion, dissuasion, retaliation, and alliance building is needed.

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44% Bias Score

nrc.nl
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EU-Mercosur Trade Deal Faces Major Opposition from Multiple Member States

A major EU-Mercosur trade agreement faces significant opposition from several EU countries, including the Netherlands, France, and Poland, primarily due to concerns among EU farmers about unfair competition from South American producers with different environmental and animal welfare standards; desp...

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40% Bias Score

welt.de
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Biden warns of economic 'catastrophe' under Trump's planned tariffs

President Biden criticized President-elect Trump's planned tariffs on imports from Canada, Mexico, and China, warning of increased consumer prices and potential economic catastrophe; Trump's inauguration is scheduled for January 20th.

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40% Bias Score

Reduced Inequality
abcnews.go.com
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Trump's Steel Tariffs: Potential Boost for Industry, Risks for Broader Economy

President-elect Trump plans to impose tariffs as high as 20% on all imported goods and 60-100% on Chinese goods to boost the domestic steel industry, potentially increasing steel prices and production but risking higher consumer prices and reduced competitiveness for manufacturers reliant on steel.

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36% Bias Score

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theglobeandmail.com
🌐 85% Global Worthiness
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EU-Mercosur Free Trade Deal Reached Despite French Opposition

The EU and Mercosur finalized a free trade agreement after 25 years of negotiations, creating one of the world's largest free trade zones, projected to save businesses \$4.26 billion annually in tariffs, despite opposition from France and other EU nations concerned about unfair competition and envir...

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36% Bias Score

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kathimerini.gr
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EU-Mercosur Trade Deal Creates Massive Market Despite French Opposition

The European Union and five South American nations finalized a comprehensive trade agreement, creating a market of 780 million people and potentially saving European businesses €4 billion annually in export tariffs, despite facing significant political opposition within the EU.

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40% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 90% Global Worthiness
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Trump to Block Nippon Steel's $15 Billion U.S. Steel Acquisition

President-elect Donald Trump declared he will block Nippon Steel's $15 billion bid to acquire U.S. Steel, defying the company's support and prior opposition from President Biden and Vice President Harris, despite Nippon Steel's promises to invest and maintain American jobs. The deal is set for revie...

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52% Bias Score

edition.cnn.com
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Trump to Block Nippon Steel's $15 Billion US Steel Takeover Bid

President-elect Donald Trump plans to block Nippon Steel's $15 billion takeover bid of US Steel, despite Nippon Steel's commitment to invest $2.7 billion and secure union jobs, prioritizing a domestic revitalization plan through tax incentives and tariffs.

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44% Bias Score