Tag #Tariffs

theglobeandmail.com
🌐 85% Global Worthiness
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Trump Tariff Spurs Call for Deeper Canada-U.S. Economic Integration

President-elect Trump's threat of a 25% tariff on Canadian and Mexican goods presents a challenge, but also an opportunity for increased economic integration between Canada and the U.S., potentially mirroring the EU's common market through expanded labor mobility and a broader USMCA agreement.

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40% Bias Score

euronews.com
🌐 85% Global Worthiness
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Record Fentanyl Seizure in Mexico Amidst US Tariff Threats

Mexican authorities made a record fentanyl bust of 1,100 kilograms in Sinaloa, equivalent to over 20 million doses with a street value of $400 million, following threats from US President-elect Trump to impose tariffs unless drug flows are curbed.

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44% Bias Score

forbes.com
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US-China Trade War Risks Major Escalation

The US-China trade war, initiated in 2018, risks escalating further as President-elect Trump considers substantially higher tariffs on Chinese goods, potentially causing a 0.5-1.0 percentage point reduction in China's economic growth by 2025, and prompting China to retaliate using new sweeping laws ...

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40% Bias Score

abcnews.go.com
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Trump Tariffs to Hike Prices for Small Businesses and Consumers

President-elect Trump's proposed tariffs—a 25% tax on goods from Canada and Mexico and a 10% tax on Chinese goods—will increase costs for small businesses, potentially forcing them to raise consumer prices, impacting businesses like Daily Crunch and Healthy Crunch who import materials and operate on...

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24% Bias Score

kathimerini.gr
🌐 75% Global Worthiness
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Trump's Economic Legacy: High Debt, Higher Prices

The Trump administration's economic policies, including the Tax Cuts and Jobs Act and significant tariffs, resulted in an $8.4 trillion increase in national debt and negatively impacted American consumers and businesses, according to multiple studies.

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32% Bias Score

bbc.com
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Trump Threatens 100% Tariffs on BRICS Over Potential Common Currency

President-elect Donald Trump threatened 100% tariffs on BRICS nations if they create a common currency to replace the US dollar, escalating trade tensions and potentially impacting global financial markets.

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44% Bias Score

cnbc.com
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AI Earnings Boost Market; Stanley Black & Decker Adjusts to Tariff Risks

Strong AI-driven earnings propel the S&P 500 to record highs, while Stanley Black & Decker plans supply chain shifts to mitigate potential tariff increases under a Trump presidency, leading to a sell rating on the stock.

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44% Bias Score

cnn.com
🌐 75% Global Worthiness
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Trump Tariffs Threaten Dollar Tree's Product Offerings and Pricing

President-elect Trump's planned tariffs on imported goods threaten Dollar Tree, potentially forcing the discount retailer to remove products, alter specifications, or increase prices above its current $1.25 price point, impacting its low-income customer base.

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48% Bias Score

Reduced Inequality
abcnews.go.com
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Trump, Biden Oppose Nippon Steel's Acquisition of U.S. Steel

President-elect Donald Trump and President Joe Biden oppose Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel, citing national security concerns; the Biden administration is reviewing the transaction, while Trump vowed to block the deal using tax incentives and tariffs.

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48% Bias Score

npr.org
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Tariffs Threaten to Increase Toy Prices During Holiday Season

The toy industry is facing potential price increases due to President-elect Trump's threat to impose steep taxes on all imports from China, potentially raising the price of a $30 Tonka truck to $45 or more.

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40% Bias Score

cbsnews.com
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Trump Threatens 100% Tariffs on BRICS Nations Over Alternative Currency

President-elect Donald Trump threatened 100% tariffs on nine nations—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE—if they create or back a currency to replace the U.S. dollar, escalating trade tensions and potentially impacting global markets and consumer prices.

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36% Bias Score

elpais.com
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US Businesses Brace for Tariffs, Cancel Bonuses

The day after Donald Trump's re-election, a Pennsylvania company cancelled its Christmas bonus to fund increased inventory due to anticipated tariffs on imports from China, Mexico, and Canada, highlighting widespread economic concerns among businesses and consumers.

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52% Bias Score