Tag #Tariffs

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Greer Confirmed as U.S. Trade Representative Amidst Planned Tariff Increases

Jamieson Greer, a veteran of Trump's trade battles, was confirmed as U.S. Trade Representative; he will implement planned 25% tariffs on Canadian and Mexican imports starting March 4, potentially disrupting North American commerce and triggering global trade disputes.

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52% Bias Score

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theglobeandmail.com
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Tariffs Threaten to Inflate Used Car Prices in Canada

AutoTrader's survey shows potential tariffs are affecting 47% of car buyers' decisions, with 30% planning to switch to used vehicles; however, reduced new car sales from 2020-2023 have created a limited supply of used vehicles, potentially increasing prices.

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40% Bias Score

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forbes.com
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Trump Reinstates Tariffs on Mexico and Canada

President Donald Trump announced on Monday that the planned 25% tariffs on Mexican and Canadian goods are "on time" and will be enacted early next month, despite previous delays and agreements to improve border security; the White House cited a national emergency caused by illegal immigration and dr...

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44% Bias Score

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smh.com.au
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Trump Trade Adviser Criticizes Tax on US Tech Firms, Raising Concerns for Australia

A top Trump trade advisor criticized countries taxing American tech companies, raising concerns that Australia's plan to force social media giants to pay for news might antagonize the new administration, prompting Australia's Treasurer to meet with US officials to seek tariff exemptions.

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52% Bias Score

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lexpress.fr
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Macron Urges Trump to Reconsider Tariffs on European Goods

French President Emmanuel Macron visited the White House on February 24th, urging President Trump to reconsider planned tariffs on European goods, arguing against trade wars amid the Ukraine conflict and emphasizing the need for fair trade practices between the US and the EU.

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52% Bias Score

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smh.com.au
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US Consumer Pessimism Drives Wall Street Decline

Wall Street fell on Wednesday, with the S&P 500 down 0.4 percent and the Nasdaq down 1 percent, driven by falling US consumer confidence due to inflation, tariffs, and administration policies; the Australian market is also expected to decline.

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bbc.com
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Trump's Reciprocal Tariffs: A WTO Violation?

Donald Trump's assertion of unfair trade practices is partially supported by data showing that some US trading partners have significantly higher average tariffs than the US, potentially disadvantaging American exporters, although this also negatively impacts their own consumers; however, his propos...

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48% Bias Score

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theglobeandmail.com
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Lowe's Predicts Subdued Sales Growth Amidst High Interest Rates

Lowe's projected flat to 1% growth in 2025 comparable sales, below analyst estimates, due to persistent weakness in the home improvement sector caused by high interest rates; shares initially fell but closed up 3%.

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40% Bias Score

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abcnews.go.com
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Trump Confirms Tariffs, Expresses Optimism on Ukraine War End Through Economic Deals with Russia

President Trump announced that tariffs on Canada and Mexico will proceed as planned, citing unfair treatment; he also expressed optimism about a swift end to the Ukraine war based on ongoing discussions with Russia involving potential economic development deals, though details remain scarce.

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kathimerini.gr
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Trump's Reciprocal Tariffs Defy WTO Rules

President Trump's proposed reciprocal tariff policy, which would match tariffs imposed by other countries on US goods, violates the WTO's Most Favored Nation principle requiring equal tariffs regardless of origin, except under free trade agreements; examples include higher US tariffs on milk imports...

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48% Bias Score

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forbes.com
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Musk Layoffs Pose 1 Million Job Loss Risk

Elon Musk's potential layoffs of federal workers, including contractors, could result in over 1 million job losses, posing significant economic risks and sparking concerns about a market correction, according to economist Torsten Slok.

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52% Bias Score

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abcnews.go.com
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Plummeting Consumer Confidence Amidst Trump's Economic Policies

U.S. consumer confidence fell sharply in February, its largest drop since August 2021, due to President Trump's economic policies, including tariffs and spending cuts, causing concerns about inflation and a potential recession; the share of consumers expecting a recession in the next year hit a nine...

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56% Bias Score

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Showing 2,569 to 2,580 of 3,430 results