Tag #Tariffs

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npr.org

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May 29, 04:11

Court Strikes Down Trump Tariffs

A federal court ruled that President Trump illegally imposed worldwide tariffs and tariffs on China, Canada, and Mexico, exceeding his authority under the International Economic Emergency Powers Act; the White House rejected the ruling.

Court Strikes Down Trump Tariffs

A federal court ruled that President Trump illegally imposed worldwide tariffs and tariffs on China, Canada, and Mexico, exceeding his authority under the International Economic Emergency Powers Act; the White House rejected the ruling.

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What are the immediate consequences of the court's decision to strike down President Trump's tariffs?

A federal court ruled that many tariffs imposed by President Trump were illegal, exceeding his authority under the International Economic Emergency Powers Act (IEEPA). The ruling specifically targets worldwide tariffs and those imposed on China, Canada, and Mexico, impacting consumers and markets. The White House rejected the court's decision, asserting the president's right to use executive power.

politico.eu

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May 29, 07:13

EU Weighs Ignoring Trump's Tariff Threats

Faced with President Trump's tariff threats, the European Union is considering three responses: negotiation, retaliation, or ignoring the threats. Ignoring them might be most effective because of the substantial economic consequences and Trump's history of backing down in similar situations.

EU Weighs Ignoring Trump's Tariff Threats

Faced with President Trump's tariff threats, the European Union is considering three responses: negotiation, retaliation, or ignoring the threats. Ignoring them might be most effective because of the substantial economic consequences and Trump's history of backing down in similar situations.

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How does the experience of China in dealing with Trump's trade policies inform the EU's decision-making process regarding a potential response to his tariff threats?

Ignoring Trump's threats presents a potentially more effective strategy. The article highlights Trump's tendency to back down under pressure, particularly when facing significant economic consequences, as seen in his dealings with China. The EU's substantial export volume to the U.S. ($606 billion in 2024) gives it considerable leverage.

theguardian.com

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May 29, 16:12

Federal Panel Blocks Trump Tariffs, Sparking Political Firestorm

A US federal judicial panel blocked President Trump's tariffs on China and other countries, citing the Internal Emergency Economic Powers Act (IEEPA); Republicans and Trump allies strongly condemned the decision as a 'judicial coup', while Democrats praised the ruling as a victory for working famili...

Federal Panel Blocks Trump Tariffs, Sparking Political Firestorm

A US federal judicial panel blocked President Trump's tariffs on China and other countries, citing the Internal Emergency Economic Powers Act (IEEPA); Republicans and Trump allies strongly condemned the decision as a 'judicial coup', while Democrats praised the ruling as a victory for working famili...

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How did the judicial panel justify its decision, and what are the underlying legal arguments?

The ruling, which stems from lawsuits filed by states and businesses, centers on the legal interpretation of the president's authority under the Internal Emergency Economic Powers Act (IEEPA). The judges found that IEEPA doesn't grant the president unlimited power to impose tariffs. This highlights ongoing tension between the executive and judicial branches regarding presidential authority on trade.

foxnews.com

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May 29, 16:12

Trump Rejects "Chickens Out" Assessment of Tariff Policy

President Trump on Wednesday rebuked a CNBC reporter for questioning his tariff policies, arguing that recent reductions were part of a negotiation process and led to $14 trillion in investment commitments, in contrast to a previously "dead" economy.

Trump Rejects "Chickens Out" Assessment of Tariff Policy

President Trump on Wednesday rebuked a CNBC reporter for questioning his tariff policies, arguing that recent reductions were part of a negotiation process and led to $14 trillion in investment commitments, in contrast to a previously "dead" economy.

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How do President Trump's recent tariff adjustments impact ongoing trade negotiations and market perceptions of his trade strategy?

President Trump criticized a CNBC reporter's question about his trade policies, rejecting the "Trump Always Chickens Out" assessment. He argued that tariff reductions were part of negotiations, citing increased investments and contrasting the current economic situation with the period before his presidency.

kathimerini.gr

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May 28, 22:13

Trump Temporarily Suspends EU Tariffs, Seeking Concessions

President Trump temporarily suspended 50% tariffs on EU exports until July 9th, after negotiations with EU Commission President von der Leyen, seeking concessions to avoid permanent tariffs; the EU offered zero tariffs, but further concessions are uncertain.

Trump Temporarily Suspends EU Tariffs, Seeking Concessions

President Trump temporarily suspended 50% tariffs on EU exports until July 9th, after negotiations with EU Commission President von der Leyen, seeking concessions to avoid permanent tariffs; the EU offered zero tariffs, but further concessions are uncertain.

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What are the underlying reasons for President Trump's negotiating strategy with the EU, and how do these factors influence the current trade dispute?

President Trump's decision to temporarily suspend tariffs highlights his negotiating tactic of using threats and demanding preemptive concessions. The EU's response has been to offer zero tariffs, but it remains uncertain what additional concessions will satisfy President Trump, who is dissatisfied with the EU's slow pace and bureaucratic approach.

npr.org

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May 28, 01:09

US Tariff Pause Spurs Rush of Chinese Exports Amidst Shipping Chaos and Uncertainty

Following a 90-day pause on most U.S. tariffs on Chinese goods, Chinese exporters are rushing to ship products to the U.S., facing shipping snarls and uncertainty from American retailers, while simultaneously diversifying to markets like Europe and Southeast Asia; despite a 20% drop in U.S. trade, o...

US Tariff Pause Spurs Rush of Chinese Exports Amidst Shipping Chaos and Uncertainty

Following a 90-day pause on most U.S. tariffs on Chinese goods, Chinese exporters are rushing to ship products to the U.S., facing shipping snarls and uncertainty from American retailers, while simultaneously diversifying to markets like Europe and Southeast Asia; despite a 20% drop in U.S. trade, o...

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What are the immediate impacts of the temporary pause on U.S. tariffs on Chinese goods, and how is this affecting the current transpacific trade dynamics?

The 90-day pause on most U.S. tariffs on Chinese goods has led to a surge in Chinese exports to the U.S., with exporters working around the clock to maximize shipments before potential tariff increases. However, significant shipping challenges remain, including delays and difficulties securing containers, impacting the efficiency of transpacific trade.

elmundo.es

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May 29, 13:12

US Court Strikes Down Trump Tariffs, Markets React

A US court ruled most Trump-era tariffs illegal, prompting slight European market gains and stronger US futures; this follows a delay in EU tariffs and strong Nvidia Q1 earnings, causing a shift towards riskier assets and rising bond yields.

US Court Strikes Down Trump Tariffs, Markets React

A US court ruled most Trump-era tariffs illegal, prompting slight European market gains and stronger US futures; this follows a delay in EU tariffs and strong Nvidia Q1 earnings, causing a shift towards riskier assets and rising bond yields.

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How did the delayed EU tariffs and strong Nvidia earnings influence investor behavior?

The court decision and tariff delay reflect shifting US trade policy and its global implications. Companies with significant US exposure, like Fluidra (+2.5%), IAG, Puig, Grifols, and Acerinox, saw gains, suggesting increased investor confidence in transatlantic trade. Strong Nvidia Q1 results (+$18.8B profit, +69% revenue growth) also fueled market optimism, despite a $4.5B provision due to US chip export restrictions to China.

politico.eu

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May 29, 13:12

EU Seeks Minimal Trade Deal With US Amid Tariff Threats

Threatened by US tariffs, the EU seeks a minimal trade deal with the US, avoiding the pitfalls of the failed TTIP negotiations by focusing narrowly on tariff reductions and a few easily resolved issues, leaving significant policy disagreements unresolved.

EU Seeks Minimal Trade Deal With US Amid Tariff Threats

Threatened by US tariffs, the EU seeks a minimal trade deal with the US, avoiding the pitfalls of the failed TTIP negotiations by focusing narrowly on tariff reductions and a few easily resolved issues, leaving significant policy disagreements unresolved.

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What immediate impact will President Trump's tariff threat have on EU-US trade relations?

Facing President Trump's threat of 50% tariffs on EU goods by July 9, the EU aims for a minimal trade agreement, prioritizing de-escalation over broad concessions. This contrasts sharply with the failed TTIP negotiations, highlighting deep-seated EU concerns about US regulatory standards and investor-state dispute settlement.

elpais.com

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May 29, 16:12

Trump's Trade Retractions Fuel 'TACO' Investment Strategy

The TACO investment strategy, short for "Trump Always Chickens Out," capitalizes on President Trump's tendency to retract aggressive trade policies, such as the recent reversal of threatened 50% tariffs on European Union products, leading to market volatility and profitable trading opportunities.

Trump's Trade Retractions Fuel 'TACO' Investment Strategy

The TACO investment strategy, short for "Trump Always Chickens Out," capitalizes on President Trump's tendency to retract aggressive trade policies, such as the recent reversal of threatened 50% tariffs on European Union products, leading to market volatility and profitable trading opportunities.

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What are the immediate market consequences of Trump's trade policy reversals, and how does the TACO strategy exploit this volatility?

The TACO investment strategy, based on the acronym "Trump Always Chickens Out," profits from Trump's tendency to back down from initially aggressive trade policies. After announcing drastic measures like tariffs, Trump often reverses course, creating market volatility that benefits those who buy low and sell high. This pattern is exemplified by the recent withdrawal of threatened 50% tariffs on EU products.

us.cnn.com

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May 28, 07:12

Trump's Tariff Threat Spurs Urgent EU-US Trade Talks

President Trump's Friday threat of 50% tariffs on EU imports, despite internal US and external EU concerns, unexpectedly spurred the EU to schedule urgent trade negotiations, aiming for a deal by July 9th, after Trump paused the threat.

Trump's Tariff Threat Spurs Urgent EU-US Trade Talks

President Trump's Friday threat of 50% tariffs on EU imports, despite internal US and external EU concerns, unexpectedly spurred the EU to schedule urgent trade negotiations, aiming for a deal by July 9th, after Trump paused the threat.

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What was the immediate impact of President Trump's tariff threat on EU-US trade negotiations?

President Trump's surprise announcement of potential 50% tariffs on EU imports initially shocked European officials and some US advisors. However, this action prompted the EU to schedule meetings with the US, achieving Trump's desired outcome. The ensuing market reaction reflected the uncertainty surrounding the trade war's future.

corriere.it

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May 28, 16:13

US-China Tariff Truce Lowers Rates, but Economic Concerns Remain

A 90-day truce between the US and China has lowered average US tariffs on Chinese exports to 51.1%, affecting all goods, while China's tariffs on US exports fell to 32.6%; economists warn of lasting negative global economic impacts from Trump's trade policies.

US-China Tariff Truce Lowers Rates, but Economic Concerns Remain

A 90-day truce between the US and China has lowered average US tariffs on Chinese exports to 51.1%, affecting all goods, while China's tariffs on US exports fell to 32.6%; economists warn of lasting negative global economic impacts from Trump's trade policies.

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What is the immediate impact of the US-China tariff truce on average tariff rates, and what percentage of goods are affected?

Following a 90-day truce on tariffs between the US and China, the average US tariffs on Chinese exports have dropped to 51.1%, down from a high of 145%. This affects 100% of goods. Chinese tariffs on US exports have also decreased to 32.6%.

politico.eu

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May 28, 07:12

EU, US Seek Limited Trade Deal Amid Trump's Tariff Threat

Faced with President Trump's threat of 50 percent tariffs by July 9, the EU and US are pursuing limited trade negotiations focusing on specific issues like tariffs on metals and cars, avoiding the broader regulatory issues that doomed the previous TTIP talks due to European public and political oppo...

EU, US Seek Limited Trade Deal Amid Trump's Tariff Threat

Faced with President Trump's threat of 50 percent tariffs by July 9, the EU and US are pursuing limited trade negotiations focusing on specific issues like tariffs on metals and cars, avoiding the broader regulatory issues that doomed the previous TTIP talks due to European public and political oppo...

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What immediate actions are the EU and US taking to avoid a full-blown trade war, given Trump's tariff threats?

President Trump's threat of 50 percent tariffs on EU goods by July 9 has spurred limited trade negotiations, focusing on a "mini-truce" rather than a comprehensive agreement like TTIP. This follows failed attempts at a broader deal due to European concerns over U.S. corporate influence and regulatory differences. The current talks aim to address specific trade issues, such as tariffs on metals and cars, rather than tackling fundamental regulatory alignment.

Showing 145 to 156 of 3,119 results