Tag #Tariffs

africa.chinadaily.com.cn
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, risking higher inflation and slower US growth, while China aims for a 5% GDP growth in 2025 through domestic market revitalization.

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Trump Renews Threat of China Tariffs

Trump threatened 10% tariffs on all Chinese imports starting February 1st, citing fentanyl trafficking, after temporarily delaying similar levies on Tuesday.

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60% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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Trump Orders Housing Cost Relief Amidst Tariffs and Interest Rate Hikes

President Trump issued an executive order aiming to lower housing costs by reducing regulations, but this faces challenges from tariffs on Canadian lumber, potential labor shortages due to deportations, and the impact of rising interest rates.

Progress

48% Bias Score

No Poverty
spanish.china.org.cn
🌐 85% Global Worthiness
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US Tariffs on China Risk Inflation, Prompting Measured Chinese Response

Economists warn that potential US tariffs on Chinese goods risk increasing inflation and slowing US growth; China plans measured internal market stimulation to counter this, aiming for around 5% GDP growth in 2025.

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
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EU adopts pragmatic approach to Trump's second term, prioritizing cooperation and unified action

Despite pre-election threats, President Trump's inauguration has not yet resulted in new tariffs on EU goods; the EU is adopting a pragmatic approach, pursuing cooperation while preparing for potential trade conflicts to avoid a trade war, with a focus on energy collaboration and unified action.

Progress

36% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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EU Seeks Dialogue with Trump Amidst Tariff Threats

In Davos, EU trade chief Maroš Šefčovič offered to cooperate with the Trump administration despite threats of tariffs, highlighting the economic importance of transatlantic relations and the EU's concerns over a potential trade war, with a current trade deficit of $350 billion.

Progress

44% Bias Score

Decent Work and Economic Growth
npr.org
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Trump Threatens 25% Tariffs on Canada and Mexico

President Trump is considering imposing 25% tariffs on imports from Canada and Mexico by February 1st to curb illegal immigration and drug trafficking, potentially igniting a trade war with major economic consequences for the United States and its neighbors.

Progress

44% Bias Score

Reduced Inequality
liberation.fr
🌐 85% Global Worthiness
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Trump Threatens Tariffs on China and EU

President Trump announced 10% tariffs on Chinese goods starting February 1st and threatened similar measures against the EU, citing unfair trade practices and the flow of fentanyl from China into the US, following similar actions against Mexico and Canada.

Progress

60% Bias Score

Decent Work and Economic Growth
french.china.org.cn
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US Tariffs on China: Inflationary Risks and China's Response

Economists predict that the US's planned massive tariffs on Chinese goods will increase inflation and slow US economic growth, while China plans measured policy responses to boost domestic demand and maintain its 5% GDP growth target in 2025.

Progress

48% Bias Score

Reduced Inequality
cnbc.com
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US-EU Trade War Looms Amidst Defense Spending Dispute

Spanish Prime Minister Pedro Sanchez warned against a US-EU trade war while President Trump threatened tariffs, highlighting economic and defense spending disagreements; the EU commissioner vowed a proportionate response to any tariffs.

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44% Bias Score

Peace, Justice, and Strong Institutions
news.sky.com
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Historical US Tariffs and Government Revenue: A Chart Reveals Limitations

A historical chart showing US federal government revenue from tariffs reveals that for much of the 19th century, tariffs constituted over half of the government's income. However, this system's limits led to the adoption of income tax as government expanded.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Trump's Tariff Threat Shakes Up US-Canada-Mexico Trade

President Trump's administration threatens 25% tariffs on Canadian and Mexican goods starting February 1st, impacting various sectors, including the chemical industry, which saw over $53 billion in bilateral trade in 2023 between the U.S. and Canada alone, potentially causing inflation and supply ch...

Progress

48% Bias Score

Decent Work and Economic Growth