Tag #Tariffs

abcnews.go.com
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Trump's Tariff Threats Shake US-Mexico Border Economy

President Trump's threatened 25% tariffs against Mexico, despite a one-month reprieve, jeopardize the $800 billion USD in US-Mexico trade in 2024, causing uncertainty in Mexican border towns like Ciudad Juarez, where maquiladoras supplying the US market face potential closure and job losses.

Progress

40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Trump's Tariffs Backfire: Higher Prices, Political Risk

President Trump's imposition of tariffs on imports from Mexico, Canada, and China has resulted in higher prices for American consumers, contradicting his campaign promise to lower costs; this is causing a potential political backlash as the economic effects hurt his approval ratings.

Progress

48% Bias Score

Reduced Inequality
cnbc.com
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Trump's Unconventional Tariff Policy: A Break from Historical Practice

President Trump imposed broad tariffs on China and threatened others, a departure from post-WWII trade policy prioritizing reciprocal agreements. Historically, tariffs served revenue, restriction, and reciprocity; Trump seeks all three, potentially disrupting global trade.

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12% Bias Score

Reduced Inequality
theglobeandmail.com
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Trump Nominee Vows to Continue Protectionist Trade Policies

President Trump's nominee for U.S. trade representative, Jamieson Greer, pledged to continue Trump's protectionist trade policies, involving tariffs on foreign goods to boost American jobs, despite concerns from senators about the unpredictability and potential economic consequences of this approach...

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52% Bias Score

Decent Work and Economic Growth
forbes.com
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Trump's Tariffs Upend Global Value Chains

President Trump's new tariffs on goods challenge global value chain structures by targeting both the origin of goods and the source of capital investment, increasing uncertainty for businesses using a "China+1" strategy and potentially impacting future trade routes.

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36% Bias Score

Decent Work and Economic Growth
nbcnews.com
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China Tariffs Increase Auto Part Costs, Impacting U.S. Consumers

President Trump's 10% tariff increase on Chinese imports will primarily affect Ford and GM, impacting their Lincoln Nautilus and Buick Envision models, and increasing auto part costs; this adds to already high vehicle prices, potentially dampening sales.

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44% Bias Score

Reduced Inequality
foxnews.com
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Mexico Deploys 10,000 Troops to US Border, Averts Tariffs

Mexico deployed 10,000 National Guard and Army troops to its border with the U.S. on Wednesday, averting Trump-approved tariffs on Mexican imports in exchange for efforts to curb drug and illegal alien flows; the largest deployments are in Ciudad Juarez (1,650 troops) and Tijuana (1,949 troops).

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
it.euronews.com
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EU Prepares Retaliatory Measures Against Potential US Tariffs

The EU is preparing a multi-pronged response to potential US tariffs imposed by Donald Trump, including targeted tariffs on consumer goods, utilizing its new anti-coercion instrument, and potentially adjusting defense spending, while also acknowledging the risk of fracturing EU unity.

Progress

44% Bias Score

Reduced Inequality
cnbc.com
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Mixed Market Reactions to Earnings, Tariffs, and Alphabet's DEI Decision

Wednesday's stock market saw gains despite Alphabet and AMD losses, driven by Nvidia; however, Ford's positive earnings were offset by concerns about 2025 headwinds and potential tariff impacts, while Alphabet scrapped its DEI goals and the Fed expressed concern about tariffs' inflationary impact.

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32% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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US Tariffs on Canada and Mexico Paused, but Economic Damage Looms

A month-long pause on 25% tariffs on Canadian and Mexican goods is in effect, but their potential re-implementation in March threatens to harm vital US relationships and raise prices significantly, contrary to the current trend of nearshoring to strengthen regional ties.

Progress

60% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 75% Global Worthiness
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USPS Reverses Ban on China, Hong Kong Mail After Tariff Dispute

The U.S. Postal Service briefly banned, then reversed a ban on inbound mail and packages from China and Hong Kong due to new tariffs, impacting online retailers like Shein and Temu.

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40% Bias Score

Reduced Inequality
cnn.com
🌐 90% Global Worthiness
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US-China Trade Dispute Escalates with Retaliatory Tariffs

The US imposed a 10% tariff on all Chinese goods, prompting China to retaliate with tariffs on specific US goods and adding two US firms to its unreliable entities list; this action could escalate into a broader trade war with significant economic consequences.

Progress

56% Bias Score

Decent Work and Economic Growth