Tag #Tariffs

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Trump Imposes 25% Tariff on Imported Cars, Sparks International Backlash

President Trump announced a 25% tariff increase on imported cars, starting April 2nd, prompting immediate backlash from the EU, Japan, and Canada, who plan retaliatory measures, with concerns over global economic impacts.

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56% Bias Score

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nbcnews.com
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Trump's Reciprocal Tariffs: A High-Stakes Gamble on Global Trade

President Trump's administration is imposing reciprocal tariffs on U.S. trading partners, potentially impacting trillions of dollars in goods and reversing decades of trade policy; while facing immediate political headwinds, the administration bets on long-term economic gains, though analysts warn o...

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forbes.com
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Trump Imposes Tariffs on Imported Autos, Aiming for Domestic Manufacturing Boost

President Trump announced a 25% tariff on imported cars and auto parts starting April 3, aiming to boost domestic manufacturing, but industry groups predict significant cost increases and challenges in meeting USMCA compliance requirements.

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32% Bias Score

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nbcnews.com
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Trump Announces 25% Tariff on Foreign Cars, Risks Trade War

President Donald Trump announced a 25% tariff on foreign-made cars and auto parts, potentially raising prices by \$12,000 and aiming to boost domestic manufacturing, despite potential supply chain disruptions and strained international relations. He expects this to culminate in a "Liberation Day" on...

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theglobeandmail.com
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Record High for Gold Futures Amid Trade Tensions

On Thursday, U.S. gold futures hit a record high of $3,065.50 due to increased investor demand for safe-haven assets amid rising global trade tensions sparked by President Trump's new auto tariffs and the expectation of potential rate cuts by the Federal Reserve.

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es.euronews.com
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EU Awaits US Tariffs Before Deciding on Retaliatory Measures

Following the announcement of new US tariffs on car imports, the EU awaits the implementation of reciprocal US tariffs before deciding on countermeasures, with potential retaliatory tariffs on various US products and the potential use of the EU's anti-coercion instrument.

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dailymail.co.uk
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British Steel Faces Closure, Threatening 2,700 Jobs

British Steel plans to close its blast furnaces in Scunthorpe, potentially affecting 2,000-2,700 jobs, after rejecting a £500 million government subsidy due to unsustainable financial losses and challenging market conditions, including US tariffs.

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56% Bias Score

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elmundo.es
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EU Prepares Targeted Retaliation Against US Car Tariffs

The European Union is preparing a targeted response to President Trump's 25% tariff on non-US-made cars, set to begin April 2nd, focusing on maximizing impact on the US while minimizing harm to Europe, possibly including tariffs on soybeans from states that heavily supported Trump.

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56% Bias Score

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forbes.com
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MLB Team Values Rise, But Growth Lags Behind Other Leagues

Major League Baseball team values averaged $2.6 billion in 2024, an 8% increase, led by the New York Yankees at $8.2 billion; however, MLB's growth lags behind other sports, raising concerns about investor interest, particularly given potential team sales.

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cnnespanol.cnn.com
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Mexico Delays Response to Trump's Auto Tariffs, Seeks Preferential Treatment

Mexican President Sheinbaum announced that Mexico will issue a comprehensive response to President Trump's new tariffs after April 2nd, while Economy Secretary Ebrard is in Washington negotiating preferential treatment for Mexican auto parts and complete vehicles, aiming to avoid multiple tariff cha...

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abcnews.go.com
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US Cities in Trump-Supporting States Face Economic Fallout from Canada Trade War

A new analysis reveals that US cities heavily reliant on exports to Canada, particularly in states that voted for Trump, face significant economic risks from the ongoing trade war, with San Antonio and Detroit being the most vulnerable.

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52% Bias Score

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theglobeandmail.com
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Dollar Falls on Tariffs and Mixed Economic Data

President Trump's announcement of 25% tariffs on US auto imports, coupled with mixed economic data showing a downward revision in Q4 personal consumption and core PCE price index but an upward revision in Q4 GDP and lower jobless claims, caused the dollar index (DXY00) to fall -0.13% today.

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40% Bias Score

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Showing 1,957 to 1,968 of 3,339 results