Tag #Tariffs

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cnn.com

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Apr 16, 16:14

Trump Tariffs Trigger Global Trade War, Causing Trillion-Dollar Market Decline

President Trump's tariffs, announced two weeks prior, sparked a global trade war, causing a multi-trillion dollar market decline and prompting international travel warnings; foreign arrivals to the US plummeted 20%, impacting the US travel industry.

Trump Tariffs Trigger Global Trade War, Causing Trillion-Dollar Market Decline

President Trump's tariffs, announced two weeks prior, sparked a global trade war, causing a multi-trillion dollar market decline and prompting international travel warnings; foreign arrivals to the US plummeted 20%, impacting the US travel industry.

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How are foreign countries responding to the US trade policies and their impact?

The trade war resulted from President Trump's tariff speech, marked by contradictory statements and brinkmanship. This created uncertainty and damaged US credibility, reflected in falling US dollar value and Treasury market turmoil. Consumer rejection of US brands in China further exacerbates the economic downturn, impacting major companies like Apple and Nike.

dw.com

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Apr 16, 07:14

Hong Kong Post Halts U.S. Shipments Amid Tariff Dispute

Hong Kong Post suspends accepting packages to the U.S. starting April 16th, 2025, due to new U.S. tariffs eliminating the 'de minimis' exemption and raising taxes on packages from Hong Kong, impacting surface mail immediately and airmail from April 27th; packages with only documents are unaffected.

Hong Kong Post Halts U.S. Shipments Amid Tariff Dispute

Hong Kong Post suspends accepting packages to the U.S. starting April 16th, 2025, due to new U.S. tariffs eliminating the 'de minimis' exemption and raising taxes on packages from Hong Kong, impacting surface mail immediately and airmail from April 27th; packages with only documents are unaffected.

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What is the immediate impact of the U.S. tariff increase on Hong Kong's postal service and its citizens?

Hong Kong Post announced on April 16, 2025, it will stop accepting packages to the U.S. due to the U.S. government eliminating the 'de minimis' tax exemption and raising tariffs on packages from Hong Kong starting May 2nd. This affects surface mail immediately and airmail from April 27th. Packages containing only documents are unaffected.

usa.chinadaily.com.cn

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Apr 16, 07:15

Japan Takes Firm Stance Against US Tariffs

Japanese Prime Minister Shigeru Ishiba announced a tough negotiating stance against new US tariffs on Japanese goods, rejecting quick compromises and prioritizing a favorable outcome; upcoming talks in Washington will involve a thorough analysis of US concerns and Japanese regulations; projections i...

Japan Takes Firm Stance Against US Tariffs

Japanese Prime Minister Shigeru Ishiba announced a tough negotiating stance against new US tariffs on Japanese goods, rejecting quick compromises and prioritizing a favorable outcome; upcoming talks in Washington will involve a thorough analysis of US concerns and Japanese regulations; projections i...

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How does public opinion in Japan influence the government's approach to the US tariff negotiations?

Ishiba's resistance to US tariffs connects to broader concerns about the global economic order and the fairness of US trade practices. The Japanese government is reviewing regulations deemed trade barriers by the US, including vehicle certification and agricultural distribution. Public opinion strongly opposes the tariffs, with 84.2 percent of respondents in a Kyodo News survey believing their livelihoods will be negatively affected.

news.sky.com

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Apr 16, 04:09

White House Reviews Trade Deals Amidst US-China Tariffs

The White House is reviewing trade deals with over 15 countries, with some announcements expected soon, following a 90-day delay on global tariffs and ongoing high tariffs between the US and China. The UK anticipates a favorable trade agreement due to its relationship with the US President.

White House Reviews Trade Deals Amidst US-China Tariffs

The White House is reviewing trade deals with over 15 countries, with some announcements expected soon, following a 90-day delay on global tariffs and ongoing high tariffs between the US and China. The UK anticipates a favorable trade agreement due to its relationship with the US President.

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How does the UK's relationship with the US President affect its position in the ongoing trade negotiations?

The US's trade negotiations are complex, involving multiple countries and significant existing tariffs with China. The planned deals aim to improve trade relations, potentially impacting global markets. The UK's close relationship with the President is seen as beneficial to its negotiations.

abcnews.go.com

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Apr 16, 01:14

Constituents Confront Grassley and Greene Over Trump Administration Actions

At town hall meetings in Iowa and Georgia, constituents confronted Senators Chuck Grassley and Marjorie Taylor Greene, expressing anger over the Trump administration's handling of deportations, tariffs, and defiance of court orders, highlighting growing public discontent and potential political rami...

Constituents Confront Grassley and Greene Over Trump Administration Actions

At town hall meetings in Iowa and Georgia, constituents confronted Senators Chuck Grassley and Marjorie Taylor Greene, expressing anger over the Trump administration's handling of deportations, tariffs, and defiance of court orders, highlighting growing public discontent and potential political rami...

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Peace, Justice, and Strong Institutions

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What are the long-term implications of the Trump administration's disregard for court orders and the potential erosion of checks and balances on executive power?

The incident foreshadows potential political challenges for Republican senators facing re-election. Constituent anger over Trump administration actions, combined with the perceived inaction of elected officials, could significantly impact future election outcomes. The lack of consensus within the Republican party on Trump's policies also represents a vulnerability.

smh.com.au

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Apr 16, 04:09

China Fights Back Against US Tariffs on TikTok

Chinese manufacturers are using TikTok to counter US tariffs by showcasing the vastly different production and retail costs of clothing from brands like Lululemon and Nike, highlighting China's dominance in textile manufacturing and the global impact of US tariffs.

China Fights Back Against US Tariffs on TikTok

Chinese manufacturers are using TikTok to counter US tariffs by showcasing the vastly different production and retail costs of clothing from brands like Lululemon and Nike, highlighting China's dominance in textile manufacturing and the global impact of US tariffs.

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How are US tariffs on Chinese textiles affecting the global supply chain and consumer behavior?

This trend reveals China's substantial control over the global textile market, producing 65% of the world's clothing in 2021. The US tariffs, reaching 34% on Chinese goods, have disrupted the supply chain, and this direct-to-consumer marketing strategy by Chinese manufacturers is a direct response.

euronews.com

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Apr 16, 16:15

China Appoints New Trade Negotiator Amid US Tariff Dispute

China appointed Li Chenggang as its new trade negotiator, replacing Wang Shouwen, amid rising tariffs with the US; China's Q1 2025 GDP grew by 5.4%, driven by exports, but analysts expect a slowdown; Li's WTO experience is seen as crucial for navigating the trade conflict.

China Appoints New Trade Negotiator Amid US Tariff Dispute

China appointed Li Chenggang as its new trade negotiator, replacing Wang Shouwen, amid rising tariffs with the US; China's Q1 2025 GDP grew by 5.4%, driven by exports, but analysts expect a slowdown; Li's WTO experience is seen as crucial for navigating the trade conflict.

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How is China attempting to mitigate the economic impact of US tariffs, and what are the challenges it faces?

The change in negotiators coincides with China seeking alternatives to the US market, focusing on its domestic market and other global partners. However, challenges remain, including a sluggish domestic consumption due to the property crisis and reliance on US consumers. China's strategy includes leveraging its WTO experience and advocating for free trade globally.

smh.com.au

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Apr 16, 07:15

China Halts Boeing Aircraft Deliveries, Escalating Trade War

China has ordered its airlines to stop accepting aircraft and parts from Boeing, impacting Boeing's near-term revenue by an estimated \$1.2 billion, but potentially creating long-term advantages for Airbus, while simultaneously hindering China's own domestic aircraft manufacturer, COMAC, which relie...

China Halts Boeing Aircraft Deliveries, Escalating Trade War

China has ordered its airlines to stop accepting aircraft and parts from Boeing, impacting Boeing's near-term revenue by an estimated \$1.2 billion, but potentially creating long-term advantages for Airbus, while simultaneously hindering China's own domestic aircraft manufacturer, COMAC, which relie...

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What is the immediate financial impact of China's ban on Boeing aircraft deliveries, and how might Boeing mitigate this impact?

China's directive to halt Boeing aircraft deliveries will initially impact Boeing's near-term revenue by approximately \$1.2 billion due to potential undelivered 737 Max planes. However, Boeing can redirect these planes to other buyers, mitigating the immediate financial loss. The longer-term effects depend on the duration of the ban.

themarker.com

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Apr 16, 07:14

Nvidia's China Export Loss Triggers Market Sell-Off Amidst Unexpectedly Strong Chinese Growth

Nvidia's profit warning, projecting a \$5.5 billion loss from China export restrictions, caused significant drops in US and Asian stock markets, while China reported unexpectedly strong Q1 growth (5.4%), despite trade war concerns and lowered growth forecasts from major banks.

Nvidia's China Export Loss Triggers Market Sell-Off Amidst Unexpectedly Strong Chinese Growth

Nvidia's profit warning, projecting a \$5.5 billion loss from China export restrictions, caused significant drops in US and Asian stock markets, while China reported unexpectedly strong Q1 growth (5.4%), despite trade war concerns and lowered growth forecasts from major banks.

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What is the immediate market impact of Nvidia's profit warning, and how does it reflect broader global economic concerns?

Nvidia's profit warning, projecting a \$5.5 billion loss due to export restrictions on its H20 chips to China, triggered a sell-off in US and Asian markets. Futures contracts for major indices fell sharply, and the dollar weakened. Several banks have lowered their China growth forecasts due to trade war concerns.

politico.eu

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Apr 16, 07:14

Meloni Seeks to Avert Trump's Tariffs on EU Exports

Italian Prime Minister Giorgia Meloni travels to Washington to persuade President Trump to avoid imposing new tariffs on EU exports, leveraging her strong personal relationship with him to potentially avert a major trade war impacting Italy's €40 billion trade surplus with the U.S.

Meloni Seeks to Avert Trump's Tariffs on EU Exports

Italian Prime Minister Giorgia Meloni travels to Washington to persuade President Trump to avoid imposing new tariffs on EU exports, leveraging her strong personal relationship with him to potentially avert a major trade war impacting Italy's €40 billion trade surplus with the U.S.

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What are the immediate economic consequences for Italy if Trump imposes the new tariffs?

Italian Prime Minister Giorgia Meloni will meet with President Trump to discuss potential tariffs on European exports to the U.S. Her close relationship with Trump makes her uniquely positioned to negotiate, potentially averting a damaging trade war for Italy and the EU. Italy's €40 billion trade surplus with the U.S. is at stake.

repubblica.it

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Apr 16, 04:09

Trump Investigates Mineral Tariffs, Raising Trade Tensions with China

President Trump launched an investigation into potential tariffs on essential minerals under Section 232 of the 1962 Trade Act, potentially escalating trade tensions with China and impacting global supply chains; the Wall Street Journal reports this is part of a broader US strategy to isolate China ...

Trump Investigates Mineral Tariffs, Raising Trade Tensions with China

President Trump launched an investigation into potential tariffs on essential minerals under Section 232 of the 1962 Trade Act, potentially escalating trade tensions with China and impacting global supply chains; the Wall Street Journal reports this is part of a broader US strategy to isolate China ...

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Responsible Consumption and Production

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What are the potential long-term consequences of this action for global supply chains, international trade relations, and geopolitical stability?

This action may significantly impact global supply chains for essential minerals and exacerbate existing trade disputes. The outcome could reshape international trade relations and intensify geopolitical competition, potentially leading to further retaliatory measures from China and other nations.

edition.cnn.com

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Apr 16, 07:14

Hong Kong Halts US Postal Package Service Amid Trade War

Hong Kong's postal service will stop handling US packages from April 27th, retaliating against the US's elimination of an \$800 import exemption and 145% tariff on Hong Kong goods, forcing businesses and individuals to use more expensive private couriers.

Hong Kong Halts US Postal Package Service Amid Trade War

Hong Kong's postal service will stop handling US packages from April 27th, retaliating against the US's elimination of an \$800 import exemption and 145% tariff on Hong Kong goods, forcing businesses and individuals to use more expensive private couriers.

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What is the immediate impact of Hong Kong's decision to halt postal package services with the US?

Hong Kong's postal service will cease handling US-bound and US-originating packages starting April 27th, a direct response to the US eliminating a de minimis exception for shipments valued under \$800. This action forces Hong Kong businesses and individuals to use private couriers, significantly increasing shipping costs.

Showing 1,993 to 2,004 of 4,150 results