Tag #Tariffs

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theglobeandmail.com

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Feb 11, 01:09

Canada-U.S. Tariff Dispute Threatens Online Shopping

A potential tariff war between Canada and the U.S. could lead to a 25 percent levy on various U.S. goods purchased online by Canadians, causing higher prices, delayed shipments, and potential disruptions to cross-border e-commerce.

Canada-U.S. Tariff Dispute Threatens Online Shopping

A potential tariff war between Canada and the U.S. could lead to a 25 percent levy on various U.S. goods purchased online by Canadians, causing higher prices, delayed shipments, and potential disruptions to cross-border e-commerce.

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How might the uncertainty surrounding tariff application at the border impact both Canadian consumers and U.S. retailers?

The dispute's impact extends beyond direct price increases; it creates uncertainty for businesses and consumers. Retailers may stop shipping to Canada due to added costs and border complexities, while consumers may face unexpected tariff charges and delayed shipments. This affects various goods, including stationery and other commonly purchased U.S. products.

cnbc.com

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Feb 11, 01:09

Tariffs Dampen Expectations for Fed Rate Cuts

Rising concerns about tariffs' inflationary impact have led investors to lower their expectations for Federal Reserve interest rate cuts this year; President Trump's trade policies, including tariffs on China, steel and aluminum, are contributing to this shift, despite postponements for Canada and M...

Tariffs Dampen Expectations for Fed Rate Cuts

Rising concerns about tariffs' inflationary impact have led investors to lower their expectations for Federal Reserve interest rate cuts this year; President Trump's trade policies, including tariffs on China, steel and aluminum, are contributing to this shift, despite postponements for Canada and M...

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How do differing consumer sentiment surveys reflect the varied perspectives on the inflationary effects of tariffs?

The University of Michigan's consumer sentiment poll shows inflation expectations rising to 4.3% for the next year, a full percentage point increase from January. This prompted traders to lower their projected interest rate cuts for this year to only one quarter-percentage-point decrease, possibly in June or July, down from prior expectations of cuts in June and December. This reflects the growing concern that tariffs will increase inflation.

edition.cnn.com

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Feb 11, 04:08

Trump Reinstates 25% Tariff on Steel and Aluminum Imports

President Trump reinstated a 25% tariff on all steel and aluminum imports into the US on Monday, aiming to counter China's indirect influence on the US steel market by closing loopholes in previous tariffs and preventing circumvention through third-party countries and mislabeling, despite American s...

Trump Reinstates 25% Tariff on Steel and Aluminum Imports

President Trump reinstated a 25% tariff on all steel and aluminum imports into the US on Monday, aiming to counter China's indirect influence on the US steel market by closing loopholes in previous tariffs and preventing circumvention through third-party countries and mislabeling, despite American s...

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What are the immediate economic consequences of President Trump's renewed 25% tariff on steel and aluminum imports?

President Trump reinstated a 25% tariff on all steel and aluminum imports into the United States, aiming to curb imports and boost domestic production. While the US imports little steel directly from China, the tariffs indirectly target China by preventing circumvention through third-party countries and mislabeling. This action follows previous tariffs imposed during his first term and continued by the Biden administration.

sueddeutsche.de

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Feb 11, 04:08

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

President Trump imposed 25% tariffs on steel and aluminum imports into the US, potentially starting March 4th, causing concern in the EU and Germany, who may retaliate, echoing past trade disputes under Trump's first term.

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

President Trump imposed 25% tariffs on steel and aluminum imports into the US, potentially starting March 4th, causing concern in the EU and Germany, who may retaliate, echoing past trade disputes under Trump's first term.

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What are the immediate economic consequences of President Trump's 25% tariffs on steel and aluminum imports?

President Trump imposed 25% tariffs on steel and aluminum imports into the U.S., claiming this will make America wealthy again. Although the exact implementation date is unclear, reports suggest March 4th as the start date. The EU and Germany expressed concerns about the impact on their export-oriented economies.

repubblica.it

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Feb 11, 04:08

Trump Imposes 25% Tariffs on Steel and Aluminum, Sparking Potential Global Trade War

President Trump imposed 25% tariffs on all steel and aluminum imports into the U.S., impacting major exporters like Canada and Mexico, potentially escalating into a global trade war despite initial U.S. industry production increases being offset by downstream losses.

Trump Imposes 25% Tariffs on Steel and Aluminum, Sparking Potential Global Trade War

President Trump imposed 25% tariffs on all steel and aluminum imports into the U.S., impacting major exporters like Canada and Mexico, potentially escalating into a global trade war despite initial U.S. industry production increases being offset by downstream losses.

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What are the immediate economic consequences of Trump's 25% tariffs on steel and aluminum imports, and which countries are most affected?

This is the beginning of making America rich again." With these words, Donald Trump announced 25% tariffs on all steel and aluminum imports into the U.S., impacting major exporters like Canada ($11.2 billion in steel exports to the US in 2024) and Mexico ($6.5 billion). No exceptions were made, even for close allies.

nbcnews.com

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Feb 11, 04:08

Trump Reinstates 25% Tariffs on Steel and Aluminum Imports

President Trump on Monday reinstated 25% tariffs on all steel and aluminum imports to the United States, reversing a prior promise to suspend tariffs on Canada and Mexico, and citing job creation and reducing the trade deficit as justification, despite some opposition from the United Steelworkers Un...

Trump Reinstates 25% Tariffs on Steel and Aluminum Imports

President Trump on Monday reinstated 25% tariffs on all steel and aluminum imports to the United States, reversing a prior promise to suspend tariffs on Canada and Mexico, and citing job creation and reducing the trade deficit as justification, despite some opposition from the United Steelworkers Un...

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How do the stated reasons for imposing the tariffs compare with alternative analyses of their purpose and likely impact?

The tariffs, while aiming to boost domestic production and reduce reliance on foreign steel and aluminum, risk retaliatory measures from other nations. The significant portion of steel already domestically produced and the potential for inflation caused by higher costs suggest that the actual impact may differ from the stated goals. Opposition from the United Steelworkers Union indicates that the broad application of these tariffs is proving counterproductive.

forbes.com

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Feb 11, 01:09

Record High Gold Prices Amidst Trade Uncertainty and Central Bank Buying

Gold prices hit a record high on Monday, driven by President Trump's tariffs impacting global trade and investors seeking safe assets amid economic uncertainty; central banks' gold purchases also significantly contribute to this increase.

Record High Gold Prices Amidst Trade Uncertainty and Central Bank Buying

Gold prices hit a record high on Monday, driven by President Trump's tariffs impacting global trade and investors seeking safe assets amid economic uncertainty; central banks' gold purchases also significantly contribute to this increase.

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What is the primary driver of the recent record-high gold prices, and what are its immediate global economic implications?

Gold prices reached a record high on Monday, fueled by President Trump's tariffs disrupting global trade and investors seeking safe haven assets. This surge is unusual given the U.S.'s strong economy, but experts attribute it to tariff-related uncertainty and increased central bank gold purchases.

abcnews.go.com

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Feb 11, 01:09

Trump Announces 25% Tariffs on Steel and Aluminum, Raising Inflation Concerns

President Trump announced 25% tariffs on steel and aluminum imports on Monday, escalating trade tensions and potentially increasing inflation, despite economists' warnings about negative economic consequences and retaliatory tariffs.

Trump Announces 25% Tariffs on Steel and Aluminum, Raising Inflation Concerns

President Trump announced 25% tariffs on steel and aluminum imports on Monday, escalating trade tensions and potentially increasing inflation, despite economists' warnings about negative economic consequences and retaliatory tariffs.

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How might retaliatory tariffs from other countries impact U.S. businesses and consumers?

The tariffs aim to bolster domestic steel and aluminum industries, but economists warn of higher prices for consumers and retaliatory tariffs from other countries. The increase in inflation expectations, from 3.3% to 4.3%, suggests consumers anticipate negative financial consequences.

welt.de

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Feb 11, 04:08

Trump Reinstates Steel and Aluminum Tariffs

President Trump reinstated 25% tariffs on all steel and aluminum imports into the US, effective potentially March 4th, aiming to boost the American economy, despite concerns from the EU and Germany.

Trump Reinstates Steel and Aluminum Tariffs

President Trump reinstated 25% tariffs on all steel and aluminum imports into the US, effective potentially March 4th, aiming to boost the American economy, despite concerns from the EU and Germany.

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What are the potential long-term implications of this tariff decision for global trade and economic relations?

The re-imposition of tariffs could trigger a trade war, similar to past conflicts with the EU. The EU's response will be crucial, potentially leading to retaliatory tariffs on US products. The long-term economic consequences for both the US and its trading partners remain uncertain, especially considering the importance of the US market for European steel exports.

elmundo.es

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Feb 11, 04:08

Trump Threatens New Tariffs on EU Steel and Aluminum

President Trump announced 25% tariffs on steel and aluminum exports to the US, impacting the EU and Spain, adding to existing tariffs and potentially creating 50% tariffs on steel and 35% on aluminum, while simultaneously threatening "reciprocal" tariffs against countries with allegedly excessive ta...

Trump Threatens New Tariffs on EU Steel and Aluminum

President Trump announced 25% tariffs on steel and aluminum exports to the US, impacting the EU and Spain, adding to existing tariffs and potentially creating 50% tariffs on steel and 35% on aluminum, while simultaneously threatening "reciprocal" tariffs against countries with allegedly excessive ta...

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How does Trump's justification for these tariffs relate to his broader trade policy and its impact on global trade relations?

Trump's tariffs aim to address the US trade deficit, which he falsely attributes to imports. While he threatens sweeping tariffs, their implementation remains uncertain, with past threats leading to concessions from trading partners that have not actually altered their policies. Wall Street largely ignores these threats due to a history of unfulfilled promises.

english.kyodonews.net

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Feb 11, 04:08

Trump Imposes 25% Tariffs on Steel, Aluminum

President Donald Trump imposed 25 percent tariffs on all steel and aluminum imports on Monday, potentially increasing tensions with trading partners and causing domestic inflation; this is his first sector-based tariff since his second term began.

Trump Imposes 25% Tariffs on Steel, Aluminum

President Donald Trump imposed 25 percent tariffs on all steel and aluminum imports on Monday, potentially increasing tensions with trading partners and causing domestic inflation; this is his first sector-based tariff since his second term began.

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How do Trump's new tariffs fit into the broader context of his trade policies and international relations?

The tariffs are part of a broader pattern of protectionist trade policies under the Trump administration. They follow previous disputes with China and could lead to retaliatory measures from other countries, impacting global trade relations.

bbc.com

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Feb 11, 07:07

Trump's Enduring Belief in Tariffs Rooted in 1980s Japan Trade Disputes

Donald Trump's long-held belief in tariffs as a tool to pressure trading partners stems from his experiences in the 1980s and 90s, observing Japanese economic success alongside American manufacturing decline, which he viewed as unfair exploitation.

Trump's Enduring Belief in Tariffs Rooted in 1980s Japan Trade Disputes

Donald Trump's long-held belief in tariffs as a tool to pressure trading partners stems from his experiences in the 1980s and 90s, observing Japanese economic success alongside American manufacturing decline, which he viewed as unfair exploitation.

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How did Trump's experiences as a businessman in New York influence his perspective on international trade and the role of tariffs?

Trump's perception of unfair trade practices with Japan, rooted in his observations of Japanese investment in the US and the decline of American manufacturing, fueled his protectionist stance. His belief that allies were taking advantage of the US, coupled with a transactional worldview, solidified his advocacy for tariffs as a negotiating tool.

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