Tag #Tariffs

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usa.chinadaily.com.cn
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US Tariff Reduction Fails to Mitigate Long-Term Damage to US-China Trade

The temporary reduction of US tariffs on Chinese imports to 30 percent for 90 days, effective May 14, follows earlier tariff increases and has created both short-term gains (a 277 percent surge in container bookings) and lasting damage to business relationships and investments, with companies seekin...

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Home Depot Beats Sales Estimates, Absorbs Tariff Costs

Home Depot's first-quarter sales beat expectations at \$39.86 billion despite US tariffs; the company plans to absorb tariff costs, potentially impacting margins but maintaining prices and possibly increasing market share.

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44% Bias Score

Responsible Consumption and Production
foxnews.com
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Filmmakers React to Trump's Proposed 100% Tariff on Foreign Films

At the Cannes Film Festival, Wes Anderson and Richard Linklater offered contrasting opinions on President Trump's proposed 100% tariff on foreign films, while California Gov. Gavin Newsom proposed a $7.5 billion federal tax credit as an alternative to boost domestic film production.

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44% Bias Score

Decent Work and Economic Growth
aljazeera.com
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China's Economic Growth Slows Amid Trade Tensions

China's industrial output grew 6.1 percent year-on-year in April, slower than March but exceeding forecasts; retail sales grew 5.1 percent, below expectations; fixed-asset investment rose 4 percent; unemployment fell to 5.1 percent; these figures follow a recent US-China tariff reduction agreement.

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40% Bias Score

Decent Work and Economic Growth
us.cnn.com
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Temporary Tariff Reduction on Chinese Goods Fails to Deliver Significant Relief

The temporary reduction in tariffs on Chinese goods imported to the US is resulting in a surge in orders to minimize the impact of higher tariffs, causing increased production costs for businesses and potentially offsetting savings for consumers, who may face higher prices and reduced availability.

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40% Bias Score

Reduced Inequality
theguardian.com
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Trump Tariff Pause: Temporary Relief Amidst Looming Trade War

A temporary pause on some Trump-era tariffs on Chinese goods offers short-term relief, but existing and potentially reinstated tariffs pose major challenges for US businesses reliant on Chinese imports, especially smaller companies with limited resources.

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56% Bias Score

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cnn.com
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Dimon Warns of Unfelt Tariffs, Increased Stagflation Risk

JPMorgan Chase CEO Jamie Dimon warned on Monday about the unfelt effects of tariffs and market complacency, citing a higher-than-expected probability of stagflation and increased credit risks, following Moody's downgrade of US debt on May 16th.

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40% Bias Score

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nbcnews.com
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Chinese Baby Product Firm Launches in US Despite Trade War

Chinese baby product company Bc Babycare is launching in the US market despite the trade war, aiming for rapid growth and predicting its flagship baby carrier will become an Amazon bestseller within six months, leveraging a diversified supply chain and US partnerships.

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44% Bias Score

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usa.chinadaily.com.cn
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Sino-US Trade Talks Signal Potential Shift Towards Cooperation

Following a period of US tariffs and technological restrictions, Chinese Vice-Premier He Lifeng met with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer in Geneva on May 10-11, signaling a potential shift in US strategy toward cooperation in the face of China's economi...

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60% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Diageo's Tariff Losses Reduced, but Investor Confidence Remains Low

Diageo's projected profit loss from US tariffs decreased to \$150 million annually from an initial estimate of \$200 million due to tariff adjustments, impacting its Canadian, Mexican, UK, and EU exports; the company aims to mitigate half the impact and enhance profitability through cost savings and...

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40% Bias Score

Decent Work and Economic Growth
jpost.com
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Trump's Tariff Strategy: Negotiating Trade Deficits

President Trump is using tariffs as leverage to negotiate trade deals with China, the EU, Mexico, and Canada to reduce the US's $918 billion 2024 trade deficit, aiming to alleviate the nation's unsustainable debt burden.

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56% Bias Score

Reduced Inequality
cnn.com
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US Tariffs to Increase Unless Trade Deals are Reached; Moody's Downgrades US Credit Rating

Treasury Secretary Scott Bessent announced that tariffs on goods from 18 major trading partners will revert to April 2 levels unless trade deals are reached within 90 days; the US credit rating was downgraded by Moody's due to the growing national debt.

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48% Bias Score

Decent Work and Economic Growth

Showing 1,309 to 1,320 of 4,150 results