Tag #Tariffs

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euronews.com

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Dec 5, 16:09

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.

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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What is the significance of the record fentanyl seizure in Sinaloa, considering the recent threats from the US?

Mexican authorities seized a record 1,100 kilograms of fentanyl in Sinaloa, enough for over 20 million doses, valued at nearly $400 million. This follows threats from US President-elect Trump to impose tariffs unless drug flows are curbed. Two suspects were arrested.

forbes.com

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Dec 4, 16:09

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 ...

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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What are the potential economic consequences of a significant escalation of the US-China trade war?

The US-China trade war, initiated in 2018 with tariffs on roughly half of Chinese goods imported to the US, may escalate significantly. President-elect Trump's proposed increase to 60% tariffs on all Chinese goods, coupled with potential retaliatory measures from China, suggests a more detrimental conflict than previously seen. Economists predict a 0.5-1.0 percentage point reduction in China's economic growth by 2025 if tariffs reach 40%.

abcnews.go.com

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Dec 4, 04:09

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...

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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What are the potential long-term implications of these tariffs for small businesses, consumers, and the overall economic landscape?

The long-term effects of these tariffs remain uncertain, but could lead to reduced consumer purchasing power, impacting the overall economy. Small businesses, often operating on thin margins, will be particularly vulnerable to these price increases, potentially leading to business closures or reduced innovation and competitiveness. The impact on consumers will be felt most acutely in markets with limited or specialized products.

kathimerini.gr

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Dec 4, 22:10

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.

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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How did the Tax Cuts and Jobs Act (TCJA) and the imposition of tariffs affect the US national debt and consumer prices?

Trumponomics, while showing initial economic growth before the pandemic, ultimately resulted in higher costs for American consumers and businesses due to retaliatory tariffs. Studies from the Tax Foundation and Brookings Institution indicate that tariffs cost American households nearly $625 annually and reduced overall GDP.

bbc.com

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Dec 2, 10:10

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.

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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How might internal disagreements within the BRICS group affect the development of a common currency and Trump's response?

Trump's threat targets BRICS, a group of emerging economies including Brazil, Russia, China, India, South Africa, and others. High-level politicians in Brazil and Russia have proposed a common BRICS currency to reduce US dollar dominance. Internal disagreements within BRICS are slowing progress on this initiative.

cnn.com

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Dec 2, 13:10

Trump's Tariffs Could Hike Consumer Goods Prices by 20-40%

President-elect Trump's planned tariff increases on imports from China, Mexico, and Canada could significantly raise consumer prices on electronics, household appliances, and toys by an average of 20-40%, according to analyses by the Consumer Technology Association and the National Retail Federation...

Trump's Tariffs Could Hike Consumer Goods Prices by 20-40%

President-elect Trump's planned tariff increases on imports from China, Mexico, and Canada could significantly raise consumer prices on electronics, household appliances, and toys by an average of 20-40%, according to analyses by the Consumer Technology Association and the National Retail Federation...

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How might businesses and consumers respond to the anticipated tariff increases?

These potential tariff increases would disproportionately impact consumer electronics and household goods, many of which are heavily reliant on Chinese manufacturing. The price increases are projected based on analyses by the Consumer Technology Association and the National Retail Federation, and assume retailers fully pass on increased costs to consumers. Shifting production to other countries is possible but would likely lead to further price hikes.

cnn.com

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Dec 5, 01:10

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.

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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How might Dollar Tree's response to these tariffs affect its customer base and overall market position?

Trump's tariff plans represent a considerable challenge for Dollar Tree, impacting its low-income customer base already struggling with rising prices. The retailer's reliance on imported goods exposes it to increased costs that may necessitate price hikes or product changes to maintain profitability. This situation highlights the broader economic impact of protectionist trade policies on consumer goods and retail businesses.

abcnews.go.com

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Dec 4, 04:09

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.

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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What are the immediate implications of President-elect Trump and President Biden opposing the Nippon Steel-U.S. Steel merger?

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 and the importance of maintaining U.S. Steel as a domestically owned company. Trump vowed to block the deal, leveraging tax incentives and tariffs to strengthen U.S. Steel. Biden's administration is currently reviewing the transaction.

npr.org

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Dec 4, 07:09

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.

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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How will President-elect Trump's potential tariffs on Chinese-made toys impact consumer prices and holiday sales?

Toymakers are concerned about potential tariffs on Chinese imports, which could increase prices by 50% or more. This would likely reduce sales and impact consumer spending during the holiday season.

cbsnews.com

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Dec 3, 12:36

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.

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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What are the immediate economic and geopolitical implications of Trump's tariff threat?

Donald Trump threatened 100% tariffs on nine nations if they create or support a currency to rival the U.S. dollar. This follows prior threats of tariffs on Canada, Mexico, and China regarding immigration. The targeted nations include Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE.

elpais.com

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Dec 2, 10:38

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.

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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What is the immediate economic impact of the anticipated tariffs on businesses and consumers in the US?

Following the election of Donald Trump, a Pennsylvania company announced the cancellation of its Christmas bonus due to anticipated tariffs on goods from China, Mexico, and Canada. This preemptive measure reflects the significant impact of potential trade policies on businesses and employees. The increased cost of goods is expected to affect consumer prices.

theglobeandmail.com

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Dec 2, 13:34

Trump Re-election: Market Reaction Muted Compared to 2016

Following Donald Trump's 2024 re-election, the US dollar strengthened and Treasury yields rose slightly, similar to 2016, but the effect was less pronounced; unlike 2016, the current restrictive monetary policy and proposed deflationary measures suggest a potentially less robust market performance.

Trump Re-election: Market Reaction Muted Compared to 2016

Following Donald Trump's 2024 re-election, the US dollar strengthened and Treasury yields rose slightly, similar to 2016, but the effect was less pronounced; unlike 2016, the current restrictive monetary policy and proposed deflationary measures suggest a potentially less robust market performance.

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Will the 2024 post-election market performance mirror the 2016 rally, considering the differing macroeconomic conditions?

Following Donald Trump's 2024 election, initial market reactions mirrored the 2016 pattern: the US dollar strengthened, and the 10-year Treasury yield rose slightly. However, unlike 2016, this effect was muted, with many sectors showing limited gains and some already experiencing a downturn.

Showing 4,069 to 4,080 of 4,150 results