Tag #Tariffs

forbes.com
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Moderate Growth Projected for US Consumer Spending in 2025, Despite Tariff and Conflict Risks

US consumer spending in 2025 is projected to rise moderately, fueled by job growth and wage increases exceeding inflation, but potential tariffs and international conflicts pose significant risks, potentially dampening consumer confidence and spending on discretionary items.

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36% Bias Score

No Poverty
theglobeandmail.com
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Trump to Create "External Revenue Service" to Collect Tariffs

President-elect Donald Trump announced the creation of a new government agency, the External Revenue Service, to collect tariffs and duties from foreign sources starting January 20th, aiming to generate revenue from foreign trade and potentially replace some current tax collections, despite concerns...

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52% Bias Score

Reduced Inequality
theglobeandmail.com
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Alberta Premier lobbies Trump, opposes retaliatory energy export ban amid US tariff threat

Alberta Premier Danielle Smith met with Donald Trump in Florida to discuss potential US tariffs on Canadian goods, advocating for exemptions for oil and gas and suggesting increased purchases of US goods to reduce trade deficits, while opposing the federal government's potential retaliatory energy e...

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44% Bias Score

Decent Work and Economic Growth
dw.com
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Trump Threatens Tariffs on Canadian Imports

President-elect Donald Trump threatened 25% tariffs on all Canadian imports, citing illegal immigration, drug trafficking, and USMCA violations, prompting condemnation from Canadian officials and concerns about economic repercussions for both nations.

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40% Bias Score

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foxnews.com
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Ontario Premier Rejects Trump's Annexation Proposal, Threatens Retaliation

President-elect Trump's threat to impose a 25% tariff on Canadian exports and his suggestion that Canada become the 51st U.S. state have been met with strong opposition from Ontario Premier Doug Ford, who countered by suggesting Canada purchase Alaska and Minnesota.

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44% Bias Score

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cnn.com
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Canada Prepares Retaliatory Tariffs Amidst Potential US Trade War

Canada is preparing retaliatory tariffs on US goods, including energy, alcohol, and steel, if President-elect Trump imposes a 25% tariff on Canadian goods, potentially escalating into a trade war impacting global consumer prices and energy supplies.

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48% Bias Score

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cnbc.com
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Mixed Market Reactions to Inflation Data and Tariff Uncertainties

The CNBC Investing Club's Homestretch report on Tuesday showed mixed market reactions to softer wholesale inflation and uncertain tariff plans; the upcoming consumer price index report is crucial, while Meta plans a 5% workforce reduction.

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump's Tariffs Threaten Unprecedented Trade War with Canada

President-elect Trump's announcement of tariffs against Canada initiates an unprecedented trade war, jeopardizing a 150-year relationship characterized by peaceful dispute resolution, as seen in past successful third-party arbitrations involving environmental and maritime issues.

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48% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
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Trump's LNG Tariffs Risk Economic Backlash

Donald Trump threatens tariffs on European Union LNG imports unless they purchase American LNG, a move economists warn will damage US economic growth and international relations, mirroring the negative impacts of his previous tariff war with China.

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56% Bias Score

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bbc.com
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Trudeau Rejects Trump's Idea of Canada as 51st US State

Canadian Prime Minister Justin Trudeau rejected President Trump's suggestion of Canada becoming the 51st US state, citing strong Canadian national identity and the negative economic implications of proposed US tariffs on Canadian goods; tensions between the two countries remain high.

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56% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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Canadian Premiers Lead Response to Trump's Trade Threats

Facing President-elect Trump's tariff threats, Canada's premiers are actively engaging US officials, promoting Canada's economic significance, and coordinating border security measures despite internal disagreements and a federal leadership vacuum.

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48% Bias Score

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edition.cnn.com
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Canada Prepares Retaliatory Tariffs Against Potential US Trade War

Canada plans retaliatory tariffs on numerous US goods, including energy products, in response to threatened 25% US tariffs on Canadian goods, escalating trade tensions and potentially impacting global markets.

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60% Bias Score

Decent Work and Economic Growth