Tag #Tariffs

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Trump's Tariff Tactics: A Masterclass in Brinkmanship

President Trump's use of tariffs as a negotiation tactic, as shown by his recent actions against Colombia, Mexico, and Canada, has led to immediate policy changes in these countries but raises concerns about potential future trade wars and the economic health of the global economy.

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edition.cnn.com
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US Postal Service Suspends Chinese Parcel Acceptance Amid Trade Tensions

The US Postal Service suspended accepting international parcels from China and Hong Kong due to unspecified reasons, impacting e-commerce businesses like Shein and Temu following President Trump's termination of a tax exemption on packages under $800 and new tariffs on Chinese imports, prompting ret...

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44% Bias Score

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cincodias.elpais.com
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Trump's Tariffs Trigger Market Volatility

Donald Trump's tariff strategy has triggered immediate market reactions, with companies like Canada Goose and WW Grainger experiencing significant stock declines; analysts predict an 8% reduction in S&P 500 earnings if all tariffs are implemented, impacting various sectors including retail, automoti...

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44% Bias Score

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theglobeandmail.com
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US Tariffs on Chinese Goods to Increase Consumer Prices

New US tariffs on Chinese goods, including a 10% increase and the end of a trade exemption for goods under \$800, will raise prices for consumers on a wide variety of products. China supplied 78% of US smartphone imports and 79% of laptop and tablet imports in 2023, and the US imported \$427 billion...

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cnbc.com
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US Tariffs Trigger Market Volatility, Impacting Key Companies

President Trump's tariffs on Canadian, Mexican, and Chinese goods sparked immediate market volatility, impacting companies like Tesla, Apple, and Colgate-Palmolive due to their reliance on global supply chains and significant revenue exposure to affected regions.

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cnn.com
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Trump's Tariff Changes Could Significantly Increase Prices for Shein, Temu, and AliExpress

The Trump administration eliminated a decades-old de minimis provision that allowed duty-free entry for packages under $800, impacting the low-cost business models of Chinese e-commerce companies like Shein and Temu, raising prices and slowing delivery for American consumers.

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elpais.com
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China's Retaliatory Tariffs Escalate US Trade War

China retaliated against US trade actions by imposing a 10% tariff on US imports starting yesterday, adding 10-15% tariffs on various US goods on February 10th, restricting metal exports crucial for electronics and other industries, and opening a monopoly investigation into Google; this escalates a ...

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48% Bias Score

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cnn.com
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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.

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cnn.com
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US Tariffs on Canadian Goods Paused Amid Trade Tensions

Hours before a 30-day pause, Canadian auto parts executive Rob Wildeboer questioned the US's threatened 25% tariff on Canadian goods, highlighting the close trade relationship and mutual economic harm. Canada's response included tit-for-tat tariffs, removal of American alcohol from liquor stores, an...

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dailymail.co.uk
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USPS Suspends Parcels from China Amid Trump's Trade War

The U.S. Postal Service temporarily suspended accepting inbound parcels from China and Hong Kong on Tuesday due to President Trump's termination of the 'de minimis' rule, impacting businesses like Shein and Temu which rely on low-cost imports while benefiting larger domestic retailers like Amazon an...

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cincodias.elpais.com
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US-China Trade War Triggers Global Energy Market Volatility

The US imposed 10% tariffs on Chinese energy imports, prompting China to retaliate with tariffs on US energy products, causing significant oil price drops and creating uncertainty in global energy markets.

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36% Bias Score

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elpais.com
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Sheinbaum Secures Tariff Reprieve, Bolsters Domestic Production

Mexican President Claudia Sheinbaum negotiated a one-month delay on US tariffs on Mexican exports, resulting in over 80% public approval and business support, while implementing a plan to increase domestic production and deploy 10,000 National Guard members to the US border.

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48% Bias Score

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