Tag #Tariffs

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forbes.com
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Stock Rally Despite Tariff Threats and High Bond Yields

Stocks rallied sharply on Tuesday, with major indices gaining 1.8% to 2.5%, despite ongoing trade war uncertainty and high bond yields; Nvidia and Salesforce earnings, plus Fed minutes, are expected to shape near-term market direction.

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36% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 90% Global Worthiness
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Trump Postpones EU Tariffs Amidst Trade Tensions

President Trump initially announced a 50% tariff on EU exports to the US, effective June 1st, but later postponed it to July 9th after a phone call with Ursula von der Leyen; a 10% tariff and existing tariffs on autos, aluminum, and steel remain.

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48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Trump Threatens 25% Tariff on iPhones Made Outside US

President Trump threatened to impose a 25% tariff on iPhones made outside the U.S. by the end of June, escalating tensions with Apple CEO Tim Cook after Cook refused a Middle East trip invitation and Trump criticized Apple's investments in India; analysts predict significant price increases.

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60% Bias Score

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abcnews.go.com
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ASEAN, GCC, and China Summit Aims to Bolster Economic Resilience

ASEAN, the Gulf Cooperation Council, and China are holding a summit in Kuala Lumpur, Malaysia, on October 24, 2023, to bolster economic resilience amidst global volatility and US tariffs; total trade between ASEAN and the GCC reached $130.7 billion in 2023.

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40% Bias Score

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lexpress.fr
🌐 85% Global Worthiness
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Trump Delays EU Tariffs, Opening Door for Trade Negotiations

Donald Trump delayed imposing 50% tariffs on the EU until July 9th, creating an opportunity for negotiations to avoid a trade war; the US seeks to reduce its trade deficit, while the EU aims to protect its economy and avoid retaliatory tariffs.

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44% Bias Score

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theglobeandmail.com
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Global Markets Rise on Trump Tariff Delay

Global equities markets advanced after President Trump postponed 50% tariffs on EU goods; the TSX followed suit after a record high close, while the Bank of Nova Scotia reported lower Q2 profit but raised its dividend. Oil prices were stable despite OPEC+ output increase expectations.

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44% Bias Score

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npr.org
🌐 75% Global Worthiness
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Housing Market Stagnation: High Costs and Tariffs Create Double Whammy

Slow April existing home sales and plummeting builder confidence reflect high housing costs and tariff uncertainty, creating a stagnant housing market with decreased demand and supply.

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32% Bias Score

No Poverty
tr.euronews.com
🌐 85% Global Worthiness
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EU Maintains Trade Offer Despite Trump's Tariff Threat

The European Union maintains its proposal for a zero-for-zero reciprocal tariff-free trade regime with the United States, despite President Trump's threat of 50% tariffs on EU imports, which he postponed until July 9th. This follows the US imposition of tariffs on EU steel, aluminum, and automobiles...

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40% Bias Score

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nbcnews.com
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Trump's Tariff Delay Spurs Market Rally

President Trump's delay of EU tariffs until July 9th, following earlier threats of 50% tariffs on June 1st and a 25% tariff on tech firms, caused major market fluctuations; indexes like the S&P 500 and Dow Jones Industrial Average saw significant gains, while the 10-year Treasury yield dropped to 4....

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36% Bias Score

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npr.org
🌐 85% Global Worthiness
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U.S. Tariff Pause Causes Surge in Chinese Exports, Amidst Manufacturer Uncertainty

Following a temporary pause on most U.S. tariffs on Chinese goods, exports surged, causing logistical challenges and increased freight costs, while Chinese manufacturers remain uncertain about future orders due to the temporary nature of the tariff reduction.

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36% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 85% Global Worthiness
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EU-US Trade Talks Boost European Markets

European markets rose on Tuesday due to hopes for faster trade talks between the EU and US, following President Trump's postponement of 50% tariffs on EU imports until July 9th, while global bond yields fell and the dollar strengthened against major currencies.

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40% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US-EU Trade War Looms Despite Tariff Delay

President Trump threatened a 50% tariff on EU imports, delayed until July after talks with Ursula von der Leyen, but experts warn of severely damaged trust and potential for retaliation, impacting global markets and possibly re-energizing the WTO.

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48% Bias Score

Peace, Justice, and Strong Institutions

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