Tag #Tariffs

theglobeandmail.com
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Trump Initiates Trade Deficit Investigations, Raising Stakes for Mexico and Canada

President Trump, despite delaying a 25% tariff on Mexican and Canadian imports, initiated investigations into US trade deficits, potentially using tariffs as leverage for trade renegotiations by April 1st. This has significant implications for global trade and US-Canada relations.

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44% Bias Score

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cnbc.com
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Market Surge Amidst Warnings of Inflated Valuations

Driven by strong corporate earnings and pro-growth policies, U.S. and German stock markets surged on Wednesday, reaching new highs, yet concerns remain regarding inflated valuations and potential risks, as highlighted by JPMorgan Chase CEO Jamie Dimon.

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44% Bias Score

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dailymail.co.uk
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Trump Threatens Global Trade War with TikTok Deal, Tariffs on Allies

President Trump, upon his return to the White House, threatened 100% tariffs on China unless a deal is struck regarding TikTok, 25% tariffs on Canada and Mexico starting February 1st for allowing illegal immigration and fentanyl trafficking, and retaliatory measures against countries with extra levi...

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60% Bias Score

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theguardian.com
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Trump Threatens Tariffs, Reverses Green Energy Funding

President Trump threatened 10% tariffs on Chinese goods starting February 1st, citing fentanyl trafficking, and also plans tariffs on the EU due to a $350 billion trade deficit; he also halted $300 billion in green energy funding and withdrew from the global minimum corporate tax agreement, while la...

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48% Bias Score

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cnbc.com
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Trump's Tariff Threat Shakes Up US-Canada-Mexico Trade

President Trump's administration threatens 25% tariffs on Canadian and Mexican goods starting February 1st, impacting various sectors, including the chemical industry, which saw over $53 billion in bilateral trade in 2023 between the U.S. and Canada alone, potentially causing inflation and supply ch...

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48% Bias Score

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french.china.org.cn
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US Tariffs on China: Inflationary Risks and China's Response

Economists predict that the US's planned massive tariffs on Chinese goods will increase inflation and slow US economic growth, while China plans measured policy responses to boost domestic demand and maintain its 5% GDP growth target in 2025.

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48% Bias Score

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cbsnews.com
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Lutnick to Divest from Businesses Before Leading Commerce Department

President Trump's nominee for Commerce Secretary, Howard Lutnick, will divest from Cantor Fitzgerald, BGC Group, and Newmark Group to avoid conflicts of interest, despite retaining significant assets and advocating for tariffs.

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40% Bias Score

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nrc.nl
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Trump's Return: Investigations Replace Immediate Tariffs, Uncertainty Remains

On his first day back in office, President Trump initiated investigations into unfair subsidies and currency manipulation by China, Europe, Mexico, and Canada, instead of imposing immediate import tariffs as previously threatened, causing initial market relief but also uncertainty.

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48% Bias Score

Reduced Inequality
cnbc.com
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EU Vows Proportionate Response to Potential US Tariffs

The EU will proportionately retaliate against any U.S. tariffs, as stated by its economy commissioner, highlighting the risk of global economic downturn if U.S.-EU trade relations deteriorate; in 2023, the EU exported over \$522 billion in goods to the U.S., exceeding imports.

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36% Bias Score

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theglobeandmail.com
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Trump Delays Tariffs, Threatens New Duties on China and EU

On February 1, President Trump threatened 10% tariffs on Chinese imports due to fentanyl trafficking and additional tariffs on the European Union for trade imbalances, delaying previously announced tariffs on Canada and Mexico, citing 300 daily fentanyl overdose deaths in the U.S. as justification.

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60% Bias Score

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africa.chinadaily.com.cn
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China Seeks Stable US Relations Amid Trump's Tariff Threats

Following President Trump's inauguration, China expressed its desire for stable relations with the US, but Trump's plans to increase tariffs on Chinese imports, which could decrease US GDP by $55 billion over four years and increase inflation, pose a significant challenge; China's top envoy to the U...

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36% Bias Score

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africa.chinadaily.com.cn
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, risking higher inflation and slower US growth, while China aims for a 5% GDP growth in 2025 through domestic market revitalization.

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40% Bias Score

Reduced Inequality