Trump's Universal Tariffs: Aides Draft Plans Amidst Internal Debate
President-elect Donald Trump is pushing for universal tariffs on imports, with aides drafting plans for a 10% tariff on all imports and a 60% tariff on goods from China, though adjustments are expected due to economic and political considerations; internal debate mirrors his first term.
Trump's Universal Tariffs: Aides Draft Plans Amidst Internal Debate
President-elect Donald Trump is pushing for universal tariffs on imports, with aides drafting plans for a 10% tariff on all imports and a 60% tariff on goods from China, though adjustments are expected due to economic and political considerations; internal debate mirrors his first term.
Progress
48% Bias Score
Trump Denies Report on Tariff Policy, Markets Rally
President-elect Donald Trump denied a report claiming he would adopt more targeted tariffs than previously stated, causing the dollar to fall and US and European stock markets to rise, indicating investors see less inflation risk from targeted tariffs than broad-based ones.
Trump Denies Report on Tariff Policy, Markets Rally
President-elect Donald Trump denied a report claiming he would adopt more targeted tariffs than previously stated, causing the dollar to fall and US and European stock markets to rise, indicating investors see less inflation risk from targeted tariffs than broad-based ones.
Progress
40% Bias Score
Former UN Official Warns of Negative Global Impacts from Potential US Protectionist Policies
A former UN official warns that new US protectionist policies could harm global trade, disrupt supply chains, raise consumer prices, and increase global tensions, hindering efforts to address pressing global challenges such as climate change.
Former UN Official Warns of Negative Global Impacts from Potential US Protectionist Policies
A former UN official warns that new US protectionist policies could harm global trade, disrupt supply chains, raise consumer prices, and increase global tensions, hindering efforts to address pressing global challenges such as climate change.
Progress
44% Bias Score
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, increased online competition, and strategic errors by mid-sized chains; this follows a 2020 pandemic-related closure surge, impacting various retail sectors.
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, increased online competition, and strategic errors by mid-sized chains; this follows a 2020 pandemic-related closure surge, impacting various retail sectors.
Progress
56% Bias Score
China Cuts Import Tariffs, Expands Free Trade
China reduced import tariffs on 935 products and launched a free trade agreement with the Maldives on Wednesday, furthering its high-quality development and high-standard opening strategy, while also implementing its first energy law and new data security regulations.
China Cuts Import Tariffs, Expands Free Trade
China reduced import tariffs on 935 products and launched a free trade agreement with the Maldives on Wednesday, furthering its high-quality development and high-standard opening strategy, while also implementing its first energy law and new data security regulations.
Progress
40% Bias Score
Mexico Imposes New Tariffs on Goods from Asia, Targeting Shein and Temu
Mexico's tax authority imposed new tariffs on goods from countries lacking international treaties, starting January 1st, impacting online retailers like Shein and Temu; goods from China will be subject to a 19% duty, while those from USMCA countries over \$50 will face a 17% duty, aiming to curb tax...
Mexico Imposes New Tariffs on Goods from Asia, Targeting Shein and Temu
Mexico's tax authority imposed new tariffs on goods from countries lacking international treaties, starting January 1st, impacting online retailers like Shein and Temu; goods from China will be subject to a 19% duty, while those from USMCA countries over \$50 will face a 17% duty, aiming to curb tax...
Progress
36% Bias Score
Panasonic to Eliminate China Dependence for US EV Batteries
Panasonic Energy, a Tesla supplier, plans to eliminate its reliance on Chinese supply chains for US-made EV batteries due to anticipated increased tariffs under the Trump administration, employing a three-pronged strategy involving US suppliers, supporting Japanese and Korean suppliers to establish ...
Panasonic to Eliminate China Dependence for US EV Batteries
Panasonic Energy, a Tesla supplier, plans to eliminate its reliance on Chinese supply chains for US-made EV batteries due to anticipated increased tariffs under the Trump administration, employing a three-pronged strategy involving US suppliers, supporting Japanese and Korean suppliers to establish ...
Progress
32% Bias Score
Trump Denies Report of Revised Tariff Plans
President-elect Donald Trump denied a Washington Post report that his aides are exploring narrower tariff plans, contradicting his campaign promises of broad 10% tariffs on global imports and 60% on Chinese goods; European markets rallied on the report.
Trump Denies Report of Revised Tariff Plans
President-elect Donald Trump denied a Washington Post report that his aides are exploring narrower tariff plans, contradicting his campaign promises of broad 10% tariffs on global imports and 60% on Chinese goods; European markets rallied on the report.
Progress
40% Bias Score
Mexico Imposes New Taxes on Digital Services and Asian Textiles
Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.
Mexico Imposes New Taxes on Digital Services and Asian Textiles
Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.
Progress
36% Bias Score
Trump's Tariff Threat Looms Over Mexico's Booming Economy
Facing Donald Trump's potential return to the White House, Mexican businesses are grappling with the threat of 25% tariffs on goods exported to the US, impacting investment decisions and highlighting the complex economic interdependence between Mexico and the US.
Trump's Tariff Threat Looms Over Mexico's Booming Economy
Facing Donald Trump's potential return to the White House, Mexican businesses are grappling with the threat of 25% tariffs on goods exported to the US, impacting investment decisions and highlighting the complex economic interdependence between Mexico and the US.
Progress
48% Bias Score
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Progress
52% Bias Score
China Urges EU to Avoid Tariffs on Chinese EVs, Favoring Mutual Cooperation
China's former vice-minister of commerce opposes the EU's potential tariffs on Chinese electric vehicles, advocating for a mutually beneficial approach instead; this comes amid projections of global EV demand reaching 45 million units by 2030.
China Urges EU to Avoid Tariffs on Chinese EVs, Favoring Mutual Cooperation
China's former vice-minister of commerce opposes the EU's potential tariffs on Chinese electric vehicles, advocating for a mutually beneficial approach instead; this comes amid projections of global EV demand reaching 45 million units by 2030.
Progress
48% Bias Score