Tag #Tariffs

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nbcnews.com
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Pre-Tariff Spending Surge: 3.8% April Increase in Consumer Spending

JPMorgan Chase data shows a 3.8% rise in consumer spending in the first 15 days of April 2025 compared to the same period in 2024, likely due to consumers preemptively buying goods ahead of President Trump's tariff plan, with discretionary spending increasing by 4.3%.

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40% Bias Score

Responsible Consumption and Production
elmundo.es
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Twelve US States Sue Trump Administration Over Tariff Policy

Twelve US states sued the Trump administration, challenging the legality of its tariffs imposed under the 1977 International Emergency Economic Powers Act, arguing it undermines Congress's authority to regulate foreign commerce.

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40% Bias Score

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dw.com
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China's Tariff Dispute Forces Boeing to Return Aircraft

Due to retaliatory tariffs imposed by China on US imports, Chinese customers are refusing delivery of Boeing aircraft; three 737 MAX 8 planes have been returned to the US, impacting approximately 10% of Boeing's commercial aircraft orders, and forcing the company to re-market the planes.

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40% Bias Score

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nbcnews.com
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Tiger Balm Faces Price Hikes Amidst U.S.-China Tariff Dispute

President Trump's tariffs on Chinese imports are significantly impacting the U.S. distributor of Tiger Balm, Prince of Peace Enterprises, which anticipates $3 million to $5 million in tariff costs this year, potentially leading to price increases for consumers despite the company's current efforts t...

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36% Bias Score

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cnn.com
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Trump Signals Tariff Reduction on Chinese Goods

US President Donald Trump announced a substantial reduction in tariffs on Chinese goods, signaling a potential de-escalation of the trade war after weeks of escalating tensions that saw tariffs exceeding 145%; this follows comments from Treasury Secretary Scott Bessent who stated the trade war was u...

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44% Bias Score

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dw.com
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AGOA's Uncertain Future: Trump Tariffs Threaten US-Africa Trade

The African Growth and Opportunity Act (AGOA), providing duty-free US market access for sub-Saharan African countries, faces potential termination in 2025 due to Trump-era tariffs, threatening thousands of jobs and highlighting Africa's limited bargaining power with the US.

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44% Bias Score

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dailymail.co.uk
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Stock Market Downturn Amidst Trump's Trade Uncertainty

Trump's unpredictable trade policies and criticism of the Federal Reserve have caused the S&P 500 to fall 8 percent this year, impacting investors and pension savers; however, financial experts advise that market downturns create opportunities for strategic investment and tax optimization.

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52% Bias Score

Reduced Inequality
theglobeandmail.com
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P&G Cuts Forecast Amid Tariff War, Reduced Consumer Spending

Pampers maker Procter & Gamble announced price hikes and lowered its annual forecasts due to rising input costs from the tariff war and decreased consumer spending, expecting a $1 billion to $1.5 billion annual hit to its cost of goods, impacting its $40.85 billion cost in 2024; North American sales...

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40% Bias Score

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theglobeandmail.com
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PepsiCo Cuts Profit Forecast Amid Tariff Uncertainty and Weak Consumer Spending

PepsiCo's Q1 profit missed estimates, driven by higher costs and weaker consumer spending amid US tariff uncertainty, prompting a lowered annual profit forecast and a share price decline; the company plans mitigation strategies, including sourcing adjustments and a transition to natural ingredients.

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48% Bias Score

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theglobeandmail.com
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Canadian Businesses Brace for Economic Storm as Earnings Season Approaches

The upcoming Canadian corporate earnings season will reveal the extent to which businesses are managing the impact of global economic shock, recessionary pressures, and tariffs, with CEO insights and future outlook deemed more important than the actual numbers.

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56% Bias Score

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smh.com.au
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Trump to Substantially Reduce Tariffs on Chinese Goods

US President Trump announced a substantial reduction in the 145 percent tariff on Chinese goods, citing the unsustainability of the current trade war, following similar comments by Treasury Secretary Bessent; the IMF lowered its US growth forecast to 1.8 percent, partly due to the tariffs, and Austr...

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44% Bias Score

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us.cnn.com
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Trump Signals Tariff Reduction in US-China Trade War

US President Trump announced a substantial reduction in tariffs on Chinese goods, marking a potential de-escalation of the trade war after weeks of escalating tensions and record-high tariffs exceeding 145%; this followed Treasury Secretary Bessent's comments describing the current tariff levels as ...

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40% Bias Score

Decent Work and Economic Growth

Showing 1,837 to 1,848 of 4,150 results