Tag #Tariffs

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cbsnews.com

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Jan 31, 04:09

Trump Threatens Steep Tariffs on Key Trading Partners

President Trump threatened tariffs of up to 25% on Canadian and Mexican goods and 10% on Chinese goods on his inauguration day to pressure these countries to curb illegal immigration and drug trafficking; economists warn of potential inflation and slower economic growth.

Trump Threatens Steep Tariffs on Key Trading Partners

President Trump threatened tariffs of up to 25% on Canadian and Mexican goods and 10% on Chinese goods on his inauguration day to pressure these countries to curb illegal immigration and drug trafficking; economists warn of potential inflation and slower economic growth.

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What are the immediate economic and political implications of Trump's tariff threats?

President Trump threatened steep tariffs against key U.S. trading partners, potentially including 25% on Canada and Mexico and 10% on China, to pressure them into halting illegal immigration and drug flows. Economists warn this could increase inflation and slow economic growth.

elpais.com

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Jan 31, 19:08

Mexico Prepares for Potential US Tariffs, Emphasizing Continued Dialogue

Facing a potential 25% tariff on Mexican imports, Mexican President Claudia Sheinbaum announced contingency plans while emphasizing continued dialogue with the US. Mexico exported over \$644 billion to the US in 2022, and the US Secretary of Economy estimates tariffs would cost US consumers over \$1...

Mexico Prepares for Potential US Tariffs, Emphasizing Continued Dialogue

Facing a potential 25% tariff on Mexican imports, Mexican President Claudia Sheinbaum announced contingency plans while emphasizing continued dialogue with the US. Mexico exported over \$644 billion to the US in 2022, and the US Secretary of Economy estimates tariffs would cost US consumers over \$1...

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How does Mexico's economic relationship with the US influence the potential impact of these tariffs?

The potential tariffs, threatened by President Trump, target Mexico's significant role in the US economy. These tariffs, justified by Trump as addressing migration and drug trafficking, would disproportionately affect American consumers, increasing costs by over \$10 billion, according to Mexico's Secretary of Economy. This increase would impact everyday goods like computers, refrigerators, and vehicles.

bbc.com

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Jan 31, 04:09

Trump Announces Tariffs on Canadian and Mexican Imports

On February 1st, President Trump will impose 25% tariffs on Canadian and Mexican imports, aiming to curb undocumented migration and fentanyl trafficking, potentially impacting the cost of living due to higher energy prices; a decision on oil tariffs is pending, and tariffs on China are also planned.

Trump Announces Tariffs on Canadian and Mexican Imports

On February 1st, President Trump will impose 25% tariffs on Canadian and Mexican imports, aiming to curb undocumented migration and fentanyl trafficking, potentially impacting the cost of living due to higher energy prices; a decision on oil tariffs is pending, and tariffs on China are also planned.

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What are the immediate consequences of President Trump's planned tariffs on imports from Canada and Mexico?

President Trump announced 25% tariffs on imports from Canada and Mexico, starting February 1st, citing undocumented migration and fentanyl trafficking. He also plans tariffs on China, potentially impacting the cost of living due to increased energy prices.

dw.com

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Jan 31, 07:09

Trump Threatens BRICS with 100% Tariffs Over Reserve Currency

US President Donald Trump threatened BRICS nations with 100% tariffs on Thursday if they replace the US dollar as reserve currency, adding to similar threats made after the 2024 election; he also threatened 25% tariffs on imports from Canada and Mexico from Saturday, potentially impacting oil, to co...

Trump Threatens BRICS with 100% Tariffs Over Reserve Currency

US President Donald Trump threatened BRICS nations with 100% tariffs on Thursday if they replace the US dollar as reserve currency, adding to similar threats made after the 2024 election; he also threatened 25% tariffs on imports from Canada and Mexico from Saturday, potentially impacting oil, to co...

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What factors are driving BRICS nations to consider alternatives to the US dollar as the primary reserve currency?

Trump's threats are a response to BRICS nations exploring alternative reserve currencies, a move gaining traction after Western sanctions on Russia. The BRICS group, comprising Brazil, Russia, India, China, South Africa, and others, represents nearly half the world's population and challenges the dominance of the US and its allies.

bbc.com

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Jan 31, 10:09

Trump Announces Tariffs on Canada, Mexico Imports

President Trump announced a 25% tariff on imports from Canada and Mexico, starting February 1st, aiming to combat illegal immigration, fentanyl smuggling, and trade deficits, while hinting at further tariffs on China for similar reasons; Canada and Mexico pledged retaliatory measures.

Trump Announces Tariffs on Canada, Mexico Imports

President Trump announced a 25% tariff on imports from Canada and Mexico, starting February 1st, aiming to combat illegal immigration, fentanyl smuggling, and trade deficits, while hinting at further tariffs on China for similar reasons; Canada and Mexico pledged retaliatory measures.

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How might Canada and Mexico's retaliatory measures impact the US economy and trade relations?

Trump's tariff threats aim to address concerns about illegal immigration and trade imbalances with neighboring countries. His previous tariffs on Chinese goods, implemented during his first term, didn't significantly increase imports from China, suggesting limitations in their effectiveness. Canada and Mexico have vowed retaliatory measures.

theglobeandmail.com

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Jan 31, 13:08

Global Stocks Steady Despite AI and Tariff Threats

Global stocks showed resilience on Friday, recovering from a dip caused by a new Chinese AI model and the threat of US tariffs on Canada and Mexico; however, the uncertainty remains high.

Global Stocks Steady Despite AI and Tariff Threats

Global stocks showed resilience on Friday, recovering from a dip caused by a new Chinese AI model and the threat of US tariffs on Canada and Mexico; however, the uncertainty remains high.

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How are central banks responding to the economic uncertainties created by these developments?

The introduction of a low-cost Chinese AI model initially triggered significant losses in global tech stocks, highlighting the competitive pressures in the sector. The subsequent recovery reflects investors' expectations of continued growth, while the potential for US tariffs on key trading partners creates uncertainty and fuels market volatility. This volatility is compounded by ongoing adjustments to interest rates by major central banks.

dw.com

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Jan 31, 13:08

Trump Threatens 100% Tariffs on BRICS Over Potential New Currency

Former US President Donald Trump threatened 100% tariffs on BRICS nations—Brazil, Russia, India, China, South Africa, and recently added members—if they create a new currency to replace the US dollar, escalating tensions over global financial power.

Trump Threatens 100% Tariffs on BRICS Over Potential New Currency

Former US President Donald Trump threatened 100% tariffs on BRICS nations—Brazil, Russia, India, China, South Africa, and recently added members—if they create a new currency to replace the US dollar, escalating tensions over global financial power.

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What are the immediate consequences of Trump's threat of 100% tariffs on BRICS nations if they adopt a new currency?

Former US President Donald Trump threatened 100% tariffs on BRICS nations if they create a new currency to replace the US dollar. This follows concerns about the bloc's potential shift away from dollar-denominated transactions. The BRICS nations include Brazil, Russia, India, China, South Africa, and recently added Iran, Egypt, Ethiopia, the UAE, and Indonesia.

edition.cnn.com

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Jan 31, 22:08

Trump's Tariff Threats: A Strategic Blend of Threat and Negotiation

President Trump threatened to impose tariffs of 25% on all Mexican and Canadian goods and 10% on all Chinese goods by 11:59 PM ET on Saturday, citing the three nations' alleged roles in illegal immigration and the fentanyl trade; however, his former Commerce Secretary suggests that the threat may be...

Trump's Tariff Threats: A Strategic Blend of Threat and Negotiation

President Trump threatened to impose tariffs of 25% on all Mexican and Canadian goods and 10% on all Chinese goods by 11:59 PM ET on Saturday, citing the three nations' alleged roles in illegal immigration and the fentanyl trade; however, his former Commerce Secretary suggests that the threat may be...

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How have past instances of Trump's tariff threats and implementations influenced his current approach?

Trump's tariff threats are a complex strategy. While he claims to be serious, his past actions show a willingness to negotiate and retract tariffs, as seen with Colombia. His former Commerce Secretary notes that blanket tariffs often lead to workarounds and exclusions, suggesting a more nuanced approach is likely. This blend of threat and negotiation appears to leverage "fear of the unknown" as a powerful tool.

politico.eu

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Jan 31, 07:09

EU's Delayed Fertilizer Tariffs Risk Triple Failure

The European Commission imposed tariffs on Russian and Belarusian fertilizers to counter Russia's war funding, but the phased implementation until 2026 may prove insufficient, potentially harming European producers and farmers while failing to significantly impact Russia's revenue.

EU's Delayed Fertilizer Tariffs Risk Triple Failure

The European Commission imposed tariffs on Russian and Belarusian fertilizers to counter Russia's war funding, but the phased implementation until 2026 may prove insufficient, potentially harming European producers and farmers while failing to significantly impact Russia's revenue.

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What are the immediate consequences of the EU's delayed imposition of tariffs on Russian fertilizers?

The European Commission imposed tariffs on Russian and Belarusian fertilizers to curb Russia's war funding, aid European manufacturers, and prevent price hikes for farmers. However, the phased tariff implementation, spanning three years, may prove insufficient to significantly impact Russia's revenue or sufficiently support European producers, potentially leading to further farmer protests.

elpais.com

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Jan 31, 07:09

Trump Threatens 25% Tariffs on Mexican Goods Despite USMCA Surplus

By November 2024, Mexico exported \$466 billion in goods to the US, exceeding imports by \$157 billion, prompting President Trump to threaten 25% tariffs on Mexican goods despite the USMCA trade agreement.

Trump Threatens 25% Tariffs on Mexican Goods Despite USMCA Surplus

By November 2024, Mexico exported \$466 billion in goods to the US, exceeding imports by \$157 billion, prompting President Trump to threaten 25% tariffs on Mexican goods despite the USMCA trade agreement.

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What is the current state of US-Mexico trade, and what are the immediate implications of President Trump's threatened tariffs?

Mexico exported over \$466 billion worth of goods to the US by November 2024, a 6.3% increase year-on-year, making it the top US importer ahead of China and Canada. The US, in turn, exported over \$300 billion to Mexico during the same period, resulting in a \$157 billion trade surplus for Mexico.

es.euronews.com

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Jan 31, 10:10

Trump's Tariffs: Economic Impact and Global Retaliation

President Trump's tariffs, imposed on various imported goods, were intended to protect US industries but resulted in retaliatory tariffs from other countries, leading to economic disruption and minimal impact on US employment, according to a study by MIT, University of Zurich, Harvard, and the World...

Trump's Tariffs: Economic Impact and Global Retaliation

President Trump's tariffs, imposed on various imported goods, were intended to protect US industries but resulted in retaliatory tariffs from other countries, leading to economic disruption and minimal impact on US employment, according to a study by MIT, University of Zurich, Harvard, and the World...

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What are the immediate economic consequences of President Trump's tariffs on US consumers and businesses?

President Trump's tariffs, imposed as a percentage on goods from foreign sellers, are collected by US Customs and Border Protection. While proponents like Trump claim they are paid by foreign countries, importers (US companies) pay them, often passing the cost onto consumers through higher prices. Economists generally view tariffs as inefficient revenue generators.

cnbc.com

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Jan 31, 13:08

Trump Imposes 25% Tariffs on Mexico and Canada

President Trump confirmed 25% tariffs on Mexican and Canadian imports starting February 1st, citing immigration, drugs, and trade deficits as reasons; oil imports' inclusion remains undecided, depending on pricing and treatment.

Trump Imposes 25% Tariffs on Mexico and Canada

President Trump confirmed 25% tariffs on Mexican and Canadian imports starting February 1st, citing immigration, drugs, and trade deficits as reasons; oil imports' inclusion remains undecided, depending on pricing and treatment.

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What are the immediate economic consequences of the 25% tariffs imposed by President Trump on imports from Mexico and Canada?

On February 1st, President Trump confirmed 25% tariffs on Mexican and Canadian imports, citing immigration, drugs, and trade deficits as justification. The impact on oil imports remains undetermined, pending further assessment of pricing and treatment by both nations.

Showing 1,873 to 1,884 of 2,244 results