Tag #Tariffs

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edition.cnn.com

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May 23, 10:11

US-China Trade Truce: Temporary Relief Amidst Persistent Tensions

A 90-day truce in the US-China tariff war, reducing tariffs by 115 percentage points, offers temporary relief but underlying tensions persist, as China criticizes US actions and seeks to diversify trade partnerships.

US-China Trade Truce: Temporary Relief Amidst Persistent Tensions

A 90-day truce in the US-China tariff war, reducing tariffs by 115 percentage points, offers temporary relief but underlying tensions persist, as China criticizes US actions and seeks to diversify trade partnerships.

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What are the immediate economic consequences of the US-China tariff truce, and how does it affect the global economic outlook?

A temporary truce in the US-China tariff war resulted in a 115-percentage-point tariff reduction, offering short-term relief to both economies. However, China's subsequent criticism of US actions suggests persistent tensions. The 90-day truce is unlikely to resolve underlying strategic rivalry.

cnn.com

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May 23, 07:12

US-China Trade Truce: Temporary Relief Masks Deep Strategic Rivalry

Following a temporary truce in the US-China tariff war, resulting in a 115 percentage point reduction in tariffs, China has voiced criticism of US actions regarding Huawei and fentanyl, indicating a complex path for future negotiations and highlighting a deep strategic rivalry between the two countr...

US-China Trade Truce: Temporary Relief Masks Deep Strategic Rivalry

Following a temporary truce in the US-China tariff war, resulting in a 115 percentage point reduction in tariffs, China has voiced criticism of US actions regarding Huawei and fentanyl, indicating a complex path for future negotiations and highlighting a deep strategic rivalry between the two countr...

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How does China's stance on fentanyl and Huawei relate to its broader trade negotiations with the US, and what are the underlying strategic tensions?

China's strong rhetoric reflects its unwillingness to make quick concessions at the expense of national interests, even while facing potential economic losses from reduced trade with the US. This highlights the deep strategic rivalry between the two countries, marked by US efforts to curb Chinese access to American technology and investment.

news.sky.com

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May 23, 19:15

Trump's 50% EU Tariff Threat Triggers Global Market Uncertainty

President Trump's Friday announcement of potential 50% tariffs on all European Union exports to the US, following a period of trade calm, is likely to trigger retaliatory measures and increase global market uncertainty.

Trump's 50% EU Tariff Threat Triggers Global Market Uncertainty

President Trump's Friday announcement of potential 50% tariffs on all European Union exports to the US, following a period of trade calm, is likely to trigger retaliatory measures and increase global market uncertainty.

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What are the immediate consequences of President Trump's latest trade pronouncements on global markets and trade relations?

President Trump's Friday announcements, including the threat of 50% tariffs on European Union exports, mark a significant escalation of trade tensions. This action follows a period of relative calm and is likely to trigger retaliatory measures from Europe, increasing global trade uncertainty.

english.elpais.com

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May 23, 19:14

Trump Announces 50% Tariffs on EU, Igniting Trade War

President Trump announced 50% tariffs on the European Union, starting June 1, 2025, citing a false $250 million trade deficit (the actual figure is $235.571 billion), despite a recent EU trade proposal and a prior 90-day pause in negotiations, triggering a stock market decline.

Trump Announces 50% Tariffs on EU, Igniting Trade War

President Trump announced 50% tariffs on the European Union, starting June 1, 2025, citing a false $250 million trade deficit (the actual figure is $235.571 billion), despite a recent EU trade proposal and a prior 90-day pause in negotiations, triggering a stock market decline.

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What are the immediate economic consequences of Trump's announced 50% tariffs on the European Union?

President Trump announced 50% tariffs on the European Union starting June 1, 2025, citing a false trade deficit figure and ignoring a recent EU trade proposal. This action follows a 90-day pause in tariff negotiations and caused a stock market downturn.

welt.de

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May 23, 16:09

Gold Prices Surge Amidst Trump's Tariffs and US Debt Concerns

Following President Trump's announcement of 50% tariffs on EU goods, gold prices surged to \$3,355 per ounce, a \$60 increase in one day and \$150 increase in a week, driven by concerns over rising US debt and a Moody's credit rating downgrade.

Gold Prices Surge Amidst Trump's Tariffs and US Debt Concerns

Following President Trump's announcement of 50% tariffs on EU goods, gold prices surged to \$3,355 per ounce, a \$60 increase in one day and \$150 increase in a week, driven by concerns over rising US debt and a Moody's credit rating downgrade.

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Reduced Inequality

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How do concerns over the US's rising national debt and the recent Moody's credit rating downgrade contribute to the increase in gold prices?

The recent surge in gold prices is linked to increased investor anxiety about the US's fiscal health, amplified by President Trump's proposed tariffs and the recent Moody's downgrade of US credit rating. This situation reflects a flight to safety, as investors seek refuge in gold amid growing concerns about the sustainability of US debt.

spanish.china.org.cn

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May 23, 07:12

Mexico and U.S. Discuss Trade Tariffs Following Sheinbaum-Trump Call

Mexican President Claudia Sheinbaum spoke with U.S. President Donald Trump on May 22, 2025, to discuss trade tariffs and secure better benefits for the steel, aluminum, and automotive sectors; high-level trade talks are planned for May 23, 2025.

Mexico and U.S. Discuss Trade Tariffs Following Sheinbaum-Trump Call

Mexican President Claudia Sheinbaum spoke with U.S. President Donald Trump on May 22, 2025, to discuss trade tariffs and secure better benefits for the steel, aluminum, and automotive sectors; high-level trade talks are planned for May 23, 2025.

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What immediate actions resulted from the phone call between Presidents Sheinbaum and Trump regarding trade?

Mexican President Claudia Sheinbaum spoke with U.S. President Donald Trump on Thursday, discussing trade tariffs and seeking improved benefits for the steel, aluminum, and automotive sectors. While not directly related to the USMCA, the call focused on securing better trade terms for key Mexican industries.

africa.chinadaily.com.cn

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May 23, 10:12

US Tariff Policy Reversal: Impulsive Decision, Swift Backlash

Following the US's April 2nd tariff announcement, China's calm response and the resulting economic turmoil within the US, including rising prices and shortages, forced a rapid reversal of the policy within weeks, leading to significantly reduced tariffs for both countries.

US Tariff Policy Reversal: Impulsive Decision, Swift Backlash

Following the US's April 2nd tariff announcement, China's calm response and the resulting economic turmoil within the US, including rising prices and shortages, forced a rapid reversal of the policy within weeks, leading to significantly reduced tariffs for both countries.

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Reduced Inequality

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What are the long-term geopolitical and economic implications of this episode for the US, China, and the global economic order?

The rapid U-turn on the US tariffs suggests a future where impulsive, unilateral trade policies may face stronger international resistance and domestic backlash. The episode underscores the importance of strategic planning in international trade relations and the potential for economic consequences to outweigh perceived political gains. This event could also accelerate a shift in global economic influence away from the US dollar and towards alternative systems.

news.sky.com

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May 23, 19:15

Trump Threatens 50% Tariff on EU Imports

Donald Trump announced a 50% tariff on all EU imports to the US, starting June 1, 2025, citing stalled trade talks; European and US stock markets fell sharply in response.

Trump Threatens 50% Tariff on EU Imports

Donald Trump announced a 50% tariff on all EU imports to the US, starting June 1, 2025, citing stalled trade talks; European and US stock markets fell sharply in response.

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What are the immediate economic consequences of Trump's proposed 50% tariff on EU imports?

Donald Trump threatened a 50% tariff on all EU imports to the US starting June 1, 2025, escalating his trade dispute with the EU. This follows his statement that trade talks were "going nowhere." European stock markets reacted negatively, with the FTSE 100 down over 1.2% and the DAX and CAC 40 down over 2%.

theguardian.com

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May 23, 19:14

Trump Announces 50% Tariff on EU Imports, Triggering Market Slump

President Donald Trump announced a 50% tariff on all EU imports to the US, starting June 1, 2025, causing significant stock market declines and escalating trade tensions; the EU prepared $108bn in retaliatory tariffs.

Trump Announces 50% Tariff on EU Imports, Triggering Market Slump

President Donald Trump announced a 50% tariff on all EU imports to the US, starting June 1, 2025, causing significant stock market declines and escalating trade tensions; the EU prepared $108bn in retaliatory tariffs.

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What factors contributed to the breakdown of trade talks between the US and the EU?

Trump's tariff announcement represents a major escalation of trade tensions between the US and the EU. His decision follows the imposition of a 20% tariff (later halved) on EU goods and ongoing negotiations. The EU's response and potential retaliatory tariffs will significantly impact both economies.

smh.com.au

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May 23, 19:14

Trump Threatens 50% EU Import Tax, 25% Tariff on Apple

President Trump threatened a 50% tariff on all European Union imports and a 25% tariff on Apple products unless iPhones are manufactured in the US, escalating trade tensions and contradicting prior claims about tariff cost allocation.

Trump Threatens 50% EU Import Tax, 25% Tariff on Apple

President Trump threatened a 50% tariff on all European Union imports and a 25% tariff on Apple products unless iPhones are manufactured in the US, escalating trade tensions and contradicting prior claims about tariff cost allocation.

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How do Trump's tariff threats impact US relations with the EU and the broader global trade landscape?

Trump's actions contradict his previous claims that foreign countries would bear tariff costs; importers typically pass these costs to consumers. His threats against Apple follow similar pressure on other US companies, highlighting the unpredictability of his trade policies.

welt.de

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May 23, 16:09

Trump Threatens 50% EU Tariffs, 25% on iPhones

Former US President Donald Trump threatened a 50% tariff on EU goods and a 25% tariff on iPhones not made in the US, starting June 1st, causing the DAX to fall 2.5% and impacting other European indices.

Trump Threatens 50% EU Tariffs, 25% on iPhones

Former US President Donald Trump threatened a 50% tariff on EU goods and a 25% tariff on iPhones not made in the US, starting June 1st, causing the DAX to fall 2.5% and impacting other European indices.

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What are the underlying causes of Trump's trade disputes with the EU and Apple?

Trump's tariff threats stem from his stated dissatisfaction with trade negotiations and aim to incentivize domestic production. The 50% tariff on EU goods and the 25% tariff on iPhones manufactured outside the US are intended to pressure the EU and Apple into altering their manufacturing and trade practices. The resulting market instability reflects the global interconnectedness of trade and manufacturing.

politico.eu

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May 23, 10:11

EU Tariff Reversal Risks Harming Ukraine's Economy and Trust

The EU is set to reimpose tariffs on Ukrainian agricultural goods on June 5th, potentially slashing Ukraine's export revenue by €3.5 billion annually and impacting its economic growth, causing concerns about the EU's commitment and potentially harming relations.

EU Tariff Reversal Risks Harming Ukraine's Economy and Trust

The EU is set to reimpose tariffs on Ukrainian agricultural goods on June 5th, potentially slashing Ukraine's export revenue by €3.5 billion annually and impacting its economic growth, causing concerns about the EU's commitment and potentially harming relations.

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How do the EU's actions affect Ukraine's economic stability and its relationship with the EU, particularly considering the ongoing war?

Ukraine's agricultural exports are crucial to its economy, particularly given the ongoing conflict's impact on its metallurgy sector. The EU's tariff reimposition risks undermining Ukraine's economic recovery and eroding trust in the EU, potentially fueling Russian propaganda and impacting Ukrainian morale. This situation highlights the complex interplay between economic policy and geopolitical realities.

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