Tag #Tariffs

theglobeandmail.com
🌐 85% Global Worthiness
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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...

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36% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China to Slash Import Tariffs on 935 Goods in 2025

China will reduce import tariffs on 935 goods, including raw materials for petrochemicals and medical supplies, starting January 1, 2025, to boost domestic demand, advance high-standard opening up, and improve access to essential goods, aligning with its economic and foreign policy goals.

Progress

44% Bias Score

Reduced Inequality
french.china.org.cn
🌐 85% Global Worthiness
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China to Slash Import Tariffs on 935 Products in 2024

China will reduce import tariffs on 935 products in 2024, including raw materials for petrochemicals and pharmaceuticals, aiming to boost domestic demand and high-level opening, reflecting a commitment to global trade despite geopolitical challenges.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Ministers Meet Trump Team to Address Border, Trade Concerns

Canadian Foreign Affairs Minister Mélanie Joly and Finance Minister Dominic LeBlanc are meeting with members of U.S. President-elect Donald Trump's team in Florida on Friday to discuss border security and trade, aiming to address Trump's concerns about illegal immigration, drug smuggling, and a trad...

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44% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 85% Global Worthiness
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Apple Stock Soars: iPhone 17 Launch and AI to Fuel Growth

Apple's stock price has risen nearly 35% in 2024, exceeding the S&P 500's growth, driven by strong financials and the anticipated launch of the iPhone 17, which JPMorgan predicts will increase iPhone sales from 230 million units to 263 million units by 2027.

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48% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 90% Global Worthiness
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Trump's Proposed Tariffs: Potential for Significant Economic Disruption

President-elect Trump's proposed 60 percent tariff on Chinese goods, and 10-20 percent on others, is expected to cause significant economic disruption, potentially increasing US inflation by 1 percent by 2025's third quarter and impacting global supply chains, while China may be better positioned to...

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40% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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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.

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48% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China to Reduce Import Tariffs on 935 Goods in 2025

China announced it will reduce import tariffs on 935 goods starting January 1, 2025, including raw materials for the petrochemical industry and medical supplies, to boost domestic demand, advance high-standard opening up, and improve healthcare access, while raising tariffs on some goods like batter...

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44% Bias Score

No Poverty
aljazeera.com
🌐 90% Global Worthiness
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Canada Seeks to Avert Trump's Tariff Threat in Florida Talks

Canadian Finance Minister Dominic LeBlanc and Foreign Affairs Minister Melanie Joly met with Donald Trump's aides in Florida to discuss the US president-elect's threat to impose 25% tariffs on Canadian goods due to concerns about illegal immigration and drug trafficking; the ministers highlighted th...

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52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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EU Unfazed by Trump's LNG Import Warning

Trump warned the EU to significantly increase US LNG imports or face tariffs; however, the EU is expected to comply, as this aligns with its energy diversification strategy away from Russia, with the European Commission President stating that this would be more cost-effective.

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44% Bias Score

Affordable and Clean Energy
cbsnews.com
🌐 75% Global Worthiness
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Post-Christmas Sales Surge Amidst Retail Sector Instability

American holiday retail sales totaled between $979.5 billion and $989 billion in November and December, up 2.5% to 3.5% year-over-year; post-Christmas sales are now underway, offering deeper discounts than last year, yet store closures surged 69% year-over-year, amid looming tariff threats impacting...

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32% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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US Consumer Confidence Falls Amid Tariff Concerns

US consumer confidence fell to 104.7 in December 2024 from 112.8 in November, below market expectations of 113.5, driven by concerns over President-elect Trump's planned tariffs and their potential impact on the cost of living, with 46 percent of consumers expecting higher prices.

Progress

40% Bias Score

Reduced Inequality