Tag #Tariffs

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forbes.com

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Mar 17, 22:12

BMW Faces €1.1 Billion Tariff Hit Amidst Complicated US-EU Trade Dispute

BMW projects over €1.1 billion in costs from US tariff negotiations in 2025, impacting its 2024 net profit of €7.68 billion (down over 30%), as President Trump's broader trade concerns complicate negotiations and the EU's planned 2026 carbon tax adds further uncertainty.

BMW Faces €1.1 Billion Tariff Hit Amidst Complicated US-EU Trade Dispute

BMW projects over €1.1 billion in costs from US tariff negotiations in 2025, impacting its 2024 net profit of €7.68 billion (down over 30%), as President Trump's broader trade concerns complicate negotiations and the EU's planned 2026 carbon tax adds further uncertainty.

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Responsible Consumption and Production

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What are the immediate financial implications for BMW resulting from the anticipated US tariff negotiations?

BMW anticipates over €1.1 billion in potential costs from US tariff negotiations in 2025, impacting its overall net profit which fell by over 30% in 2024 to €7.68 billion. This figure encompasses tariffs with Mexico, Canada, and Europe, and includes the effect on China-made EVs.

cbsnews.com

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Mar 17, 22:12

Stocks Rise Despite Tariff Worries

On Monday, the S&P 500 gained 0.6%, closing at 5,675, fueled by positive retail sales data but countered by concerns over the Trump administration's tariffs on various countries; PepsiCo and Intel stocks rose, while Tesla's fell.

Stocks Rise Despite Tariff Worries

On Monday, the S&P 500 gained 0.6%, closing at 5,675, fueled by positive retail sales data but countered by concerns over the Trump administration's tariffs on various countries; PepsiCo and Intel stocks rose, while Tesla's fell.

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Decent Work and Economic Growth

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How do the Trump administration's tariffs affect various sectors, and what are the potential consequences for market stability?

The positive market movement is partially attributed to strong retail sales figures indicating continued economic activity, contrasting with earlier recession fears. However, uncertainty remains due to the Trump administration's tariffs on various trading partners, potentially impacting inflation and market stability.

elmundo.es

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Mar 16, 01:10

Trump's Tariffs: Economic Instability and International Tensions

Canadian Prime Minister Justin Trudeau criticized President Trump's tariff policies as "stupid," highlighting the economic strain on Canada and the broader instability caused by Trump's transactional approach to international relations, which prioritizes quick wins and economic leverage over complex...

Trump's Tariffs: Economic Instability and International Tensions

Canadian Prime Minister Justin Trudeau criticized President Trump's tariff policies as "stupid," highlighting the economic strain on Canada and the broader instability caused by Trump's transactional approach to international relations, which prioritizes quick wins and economic leverage over complex...

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Reduced Inequality

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How does President Trump's transactional approach to diplomacy impact conflict resolution and international relations?

Trump's tariff strategy is transactional, prioritizing quick wins and economic leverage over complex conflict resolution. This approach, while achieving rapid domestic political gains, destabilizes international trade relations and negatively impacts the U.S. economy, as evidenced by recent economic reports. Countries like Canada and South Korea fear becoming targets of these tariffs.

forbes.com

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Mar 16, 16:12

S&P 500 Correction: Economic Fears and Policy Uncertainty Drive Market Decline

The S&P 500 entered correction territory, falling over 8% from its February high due to weak consumer confidence, policy uncertainty surrounding tariffs, and the underperformance of the "Magnificent 7" tech giants; however, historically, such corrections have been followed by significant stock marke...

S&P 500 Correction: Economic Fears and Policy Uncertainty Drive Market Decline

The S&P 500 entered correction territory, falling over 8% from its February high due to weak consumer confidence, policy uncertainty surrounding tariffs, and the underperformance of the "Magnificent 7" tech giants; however, historically, such corrections have been followed by significant stock marke...

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Decent Work and Economic Growth

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What are the immediate consequences of the recent stock market correction, and what factors are driving it?

The S&P 500 experienced a correction, falling over 8% from its mid-February high due to economic growth concerns and policy uncertainty stemming from tariffs. This decline is more pronounced for the "Magnificent 7" tech stocks, which fell almost 18% since mid-December. Consumer confidence, as measured by the University of Michigan's consumer sentiment index, also hit a low, fueling market anxieties.

lefigaro.fr

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Mar 16, 22:11

EU Whiskey Tax Provokes Trump's Threat of Retaliatory Tariffs

The EU's plan to tax American whiskey in response to US tariffs has angered President Trump, who threatened 200% tariffs on French and other EU wines and spirits, causing concern for French producers reliant on US markets.

EU Whiskey Tax Provokes Trump's Threat of Retaliatory Tariffs

The EU's plan to tax American whiskey in response to US tariffs has angered President Trump, who threatened 200% tariffs on French and other EU wines and spirits, causing concern for French producers reliant on US markets.

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How did the EU's choice of products for its retaliatory tariffs contribute to the escalation of the trade dispute with the US?

The EU's decision to re-use a 2018 list of products for retaliatory tariffs, including Kentucky bourbon, is considered a miscalculation by some French officials. This highlights the risks of reactive trade policy and the potential for unintended consequences in escalating trade disputes.

theglobeandmail.com

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Mar 15, 13:12

Trump's Unpredictable Tariff Strategy Threatens Global Trade

President Trump's administration is pursuing an aggressive tariff strategy to strengthen American manufacturing and defense, despite warnings of potential economic damage and retaliatory measures. This approach, initially presented as a negotiating tactic in the Heritage Foundation's Project 2025, h...

Trump's Unpredictable Tariff Strategy Threatens Global Trade

President Trump's administration is pursuing an aggressive tariff strategy to strengthen American manufacturing and defense, despite warnings of potential economic damage and retaliatory measures. This approach, initially presented as a negotiating tactic in the Heritage Foundation's Project 2025, h...

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Decent Work and Economic Growth

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What are the immediate economic consequences of the Trump administration's escalating trade war, particularly concerning the response from other countries?

The Trump administration's proposed tariff strategy, detailed in the Heritage Foundation's Project 2025, aims to bolster American manufacturing and defense through aggressive tariffs on China and reciprocal tariffs on all trading partners. This plan, initially endorsed by Trump and his advisors, has now devolved into unpredictable and escalating trade conflicts, with retaliatory tariffs imposed by other countries, notably Canada. The resulting uncertainty rattles financial markets and investors.

forbes.com

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Mar 17, 22:12

Tesla Stock Plunges Amidst Sales Slump and Market Uncertainty

Tesla's stock fell again Monday, with Mizuho analysts citing significant sales drops in the U.S., China (-49%), and Germany (-76%), against rising overall EV market growth; this follows a 41% year-to-date decline in Tesla's stock price and reduced delivery forecasts from major investment banks.

Tesla Stock Plunges Amidst Sales Slump and Market Uncertainty

Tesla's stock fell again Monday, with Mizuho analysts citing significant sales drops in the U.S., China (-49%), and Germany (-76%), against rising overall EV market growth; this follows a 41% year-to-date decline in Tesla's stock price and reduced delivery forecasts from major investment banks.

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Decent Work and Economic Growth

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How do Elon Musk's political affiliations and lobbying activities contribute to Tesla's current financial challenges?

Tesla's sales slump is linked to several factors, including weakening consumer sentiment, particularly in regions where Elon Musk's political involvement has been controversial. Analysts at major firms like Goldman Sachs, JPMorgan, and UBS have reduced their Tesla delivery forecasts, reflecting a significant loss of brand value.

elmundo.es

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Mar 16, 01:10

Trump's Tariffs Fuel Global Economic Uncertainty

Donald Trump's renewed protectionist agenda, marked by significant tariffs on various imports, is causing global economic uncertainty, impacting investment, and threatening global supply chains, with negative consequences for the US and other economies, particularly the Eurozone and China.

Trump's Tariffs Fuel Global Economic Uncertainty

Donald Trump's renewed protectionist agenda, marked by significant tariffs on various imports, is causing global economic uncertainty, impacting investment, and threatening global supply chains, with negative consequences for the US and other economies, particularly the Eurozone and China.

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How do Trump's tariffs specifically impact the investment decisions of multinational corporations, and what sectors are most affected?

These tariffs act as a negative supply shock, increasing prices and reducing economic activity. The uncertainty surrounding their implementation creates a negative demand shock, delaying investment decisions. The resulting increased inflation expectations, decreased purchasing managers' index, lower consumer confidence, and stock market declines in the US reflect a heightened recession probability.

dailymail.co.uk

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Mar 16, 16:12

Trump's Trade War Backfires: Supporters Bear the Brunt

President Trump's trade war is backfiring, disproportionately hurting his supporters. A New York Times analysis shows that nearly 8 million Americans employed in industries targeted by retaliatory tariffs voted for Trump in the last election, with significant job losses predicted for states like Wis...

Trump's Trade War Backfires: Supporters Bear the Brunt

President Trump's trade war is backfiring, disproportionately hurting his supporters. A New York Times analysis shows that nearly 8 million Americans employed in industries targeted by retaliatory tariffs voted for Trump in the last election, with significant job losses predicted for states like Wis...

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No Poverty

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How have various countries responded to Trump's tariffs, and what specific industries and regions within the US are most impacted by these retaliatory measures?

The trade war's impact extends beyond job losses; retaliatory tariffs from the EU on American goods such as meat and bourbon, and from Canada on computers and sports gear, are causing significant economic disruption in key sectors. China's response with reciprocal tariffs on US farm goods further intensifies the negative consequences in rural Trump-supporting areas. This economic fallout directly contradicts the initial premise that the trade war would strengthen the US economy.

nbcnews.com

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Mar 16, 19:14

Treasury Secretary Downplays Stock Market Dip Amidst Tariff Concerns

Treasury Secretary Scott Bessent played down concerns about recent stock market declines, stating that market corrections are normal and that the implementation of reciprocal tariffs on April 2nd will either lead to fairer trade or substantial U.S. revenue, while acknowledging the possibility of a r...

Treasury Secretary Downplays Stock Market Dip Amidst Tariff Concerns

Treasury Secretary Scott Bessent played down concerns about recent stock market declines, stating that market corrections are normal and that the implementation of reciprocal tariffs on April 2nd will either lead to fairer trade or substantial U.S. revenue, while acknowledging the possibility of a r...

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How does the administration's approach to tariffs connect to its broader economic and trade agenda, and what are the potential long-term consequences?

Bessent's statements reflect the Trump administration's approach to trade, prioritizing reciprocal tariffs to stimulate domestic production and potentially increase government revenue. These policies risk short-term economic disruption, including stock market volatility, which the administration appears willing to accept for its long-term goals. The administration's confidence in these policies is evident in the repeated assurances that any negative impacts will be temporary.

dailymail.co.uk

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Mar 16, 19:14

Dollar General Profits Plummet Amid Inflation and Tariff Increases

Dollar General's fourth-quarter 2024 earnings report reveals a 1 percent drop in customer traffic and a 49 percent plummet in operating profits due to worsening customer finances caused by inflation and new tariffs; the company is closing 96 underperforming stores.

Dollar General Profits Plummet Amid Inflation and Tariff Increases

Dollar General's fourth-quarter 2024 earnings report reveals a 1 percent drop in customer traffic and a 49 percent plummet in operating profits due to worsening customer finances caused by inflation and new tariffs; the company is closing 96 underperforming stores.

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No Poverty

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How are the recently imposed tariffs impacting Dollar General's pricing strategy and overall profitability?

The decline in Dollar General's performance reflects broader economic challenges impacting low-income consumers. Increased tariffs on imported goods, coupled with persistent inflation, exacerbate financial strain on Dollar General's core customer base, leading to reduced spending and store closures. This highlights the vulnerability of discount retailers to macroeconomic factors.

bbc.com

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Mar 15, 19:10

Trump's Escalating Trade War: \$5 Trillion Stock Market Drop, Global Economic Risks

Donald Trump's escalating trade war, imposing tariffs totaling nearly \$1 trillion on key trading partners including Canada, Mexico, China, and the European Union, has resulted in a \$5 trillion drop in the US stock market since March, with economists warning of severe global economic consequences.

Trump's Escalating Trade War: \$5 Trillion Stock Market Drop, Global Economic Risks

Donald Trump's escalating trade war, imposing tariffs totaling nearly \$1 trillion on key trading partners including Canada, Mexico, China, and the European Union, has resulted in a \$5 trillion drop in the US stock market since March, with economists warning of severe global economic consequences.

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Reduced Inequality

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What strategies are different countries employing in response to Trump's trade policies, and how effective have these been?

Trump's aggressive trade policies, reminiscent of the 1930s, risk triggering a global economic downturn. Unlike his previous trade conflicts, this one is significantly larger, involving \$1 trillion in tariffs and potentially reaching \$1.5 trillion by April 2nd. Economists warn that this will harm all involved, but Trump remains resolute.

Showing 2,065 to 2,076 of 3,340 results