Tag #Tariffs

aljazeera.com
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Canada Seeks to Avert US Tariffs in High-Stakes Meeting

Canadian Foreign Minister Melanie Joly will meet with US officials to prevent the imposition of US tariffs on Canadian goods, totaling \$2.7 billion in daily trade, amidst threats from President Trump related to border security and trade imbalances; retaliatory measures by Canada could impact \$25.5...

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52% Bias Score

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cnbc.com
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Amazon: Wall Street's Top Pick for Q4 Earnings

Multiple Wall Street firms predict strong Q4 2024 earnings for Amazon, citing robust e-commerce growth, record delivery speeds, expanding advertising revenue, and AWS's AI-driven expansion as key factors; however, potential new tariffs and elevated expectations for AWS pose risks.

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48% Bias Score

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foxnews.com
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Trump Nominee Rejects Inflation Argument, Advocates for Across-the-Board Tariffs

President Trump's nominee for Commerce Secretary, Howard Lutnick, argued before the Senate that tariffs do not cause inflation, advocating for across-the-board tariffs on a country-by-country basis and predicting retaliatory tariffs from other countries if the US follows through with planned increas...

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52% Bias Score

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theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariff Threats: Colombia Complies, Canada and Mexico Brace for Impact

Trump threatened Colombia with a 25 percent tariff for refusing to accept deported migrants; Colombia complied, averting the tariff. He similarly threatened Canada and Mexico with tariffs but may face greater challenges due to their economic significance as U.S. trading partners.

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48% Bias Score

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lexpress.fr
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Trump's Protectionist Trade Policies Initiate Global Economic Uncertainty

President Trump signed 25 executive orders on January 21st, initiating protectionist trade policies with tariffs ranging from 10-20% on global imports, up to 60% on Chinese goods, marking a shift away from 40 years of largely unrestricted global trade promoted by the WTO.

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56% Bias Score

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theglobeandmail.com
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GM Exceeds Q4 Expectations, but Faces Tariff Uncertainty

GM exceeded fourth-quarter 2024 expectations and projected 2025 net income of \$11.2-billion to \$12.5-billion, but faces uncertainty due to potential tariffs on materials critical to auto manufacturing and ongoing challenges in its EV transition and China operations.

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48% Bias Score

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theglobeandmail.com
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Bank of Canada Cuts Rates Amidst US Tariff Uncertainty

The Bank of Canada cut interest rates by 0.25 percentage points, encouraging borrowing; however, given the uncertainty surrounding US tariffs on Canadian exports (potentially 25 percent from Feb. 1), caution is advised unless one has exceptional financial stability, as the tariffs may lead to layoff...

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64% Bias Score

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apnews.com
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Trump Shifts to Pragmatic China Policy

President Trump's second term begins with a pragmatic shift in his approach to China, prioritizing negotiation over escalating tariffs, despite past threats of a 60% tax on Chinese goods, in a bid to improve overall relations and possibly leverage China's help in the Ukraine conflict and arms contro...

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36% Bias Score

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theglobeandmail.com
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Manitoba Redeploys Conservation Officers to Border Amidst Trump Tariff Threats

Facing President Trump's tariff threats, Manitoba is redeploying approximately 11 conservation officers to patrol the Canada-U.S. border, costing $360,000, to combat drug and human trafficking, while also providing aid to migrants, in contrast to other provinces.

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52% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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Trump Uses Tariffs to Force Colombia to Accept Deportations

President Trump imposed a 25% tariff on Colombian imports after Colombia refused to accept deported migrants, prompting Colombia's eventual compliance; this event highlights a shift towards using tariffs to achieve policy goals, regardless of established alliances, and marks a potential turning poin...

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48% Bias Score

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politico.eu
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EU Suppliers Demand Local Content Rules to Counter Chinese EV Competition

Facing a slump in EV demand and competition from China, a coalition of European automotive suppliers is urging the EU to implement "minimum local content" rules, similar to the USMCA's 75 percent requirement, to safeguard jobs and the industry's future, though this is opposed by some.

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52% Bias Score

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theglobeandmail.com
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Investors Seek Safe Havens Amidst Trump's Tariff Threats

Amidst a tech stock rout and U.S. dollar swings fueled by President Trump's tariff threats, investors are seeking refuge in assets like Japan's yen and European credit, viewed as less vulnerable to U.S. policy uncertainty; the yen's rise following a Bank of Japan rate hike underscores this trend.

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32% Bias Score

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