Tag #Tariffs

kathimerini.gr
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IMF Warns of Rising Borrowing Costs Amid Trump Trade Uncertainty

The IMF warned that Donald Trump's threatened tariffs are raising borrowing costs and straining the global economy, particularly impacting countries integrated into global supply chains, while also noting that short-term borrowing costs remain low and that the American economy is performing better t...

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mk.ru
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Trudeau Rejects Trump's Annexation Suggestion Amidst Tariff Threats

Canadian Prime Minister Justin Trudeau rejected President Donald Trump's suggestion that Canada become the 51st U.S. state, calling it a distraction from Trump's threat to impose 25% tariffs on all Canadian imports unless border security is strengthened; Trudeau warned that these tariffs would raise...

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cnn.com
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Trump's Greenland Tariff Threat Could Hike Ozempic, Wegovy Prices

President-elect Trump's threat to impose high tariffs on Denmark unless it sells Greenland to the US could significantly increase the price of the popular diabetes and weight-loss drugs Ozempic and Wegovy, which are manufactured by Novo Nordisk. The US imported $5.7 billion in pharmaceuticals from D...

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Good Health and Well-being
fr.euronews.com
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Euro Nears Parity Amidst US Tariffs and Monetary Divergence

The Euro is nearing parity with the dollar due to stronger-than-expected US job growth, anticipated Federal Reserve tightening, and the potential impact of new US tariffs on European exports, along with divergent monetary policies and geopolitical uncertainty.

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cnbc.com
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Trump's Tariffs Threaten to Hike Electronics Prices

President-elect Donald Trump's proposed tariffs on imported goods, including electronics, are predicted by the Consumer Technology Association to increase average prices of laptops by \$357, smartphones by \$213, and televisions by \$48, potentially leading to economic slowdown and retaliatory tarif...

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welt.de
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EU Firms Isolate China Operations Amid US-China Trade War Uncertainty

Facing US-China trade war uncertainty, European firms in China increasingly isolate their local operations to meet Chinese demands and mitigate geopolitical risks, potentially impacting global competitiveness despite short-term gains.

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cnbc.com
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Bitcoin Faces Turbulence Amid Conflicting Trump Policies

Bitcoin investors face a turbulent quarter amid conflicting signals from the Trump administration: while a pro-crypto Congress is expected, planned tariffs are creating uncertainty, potentially causing a price drop to the mid-$70,000 range in the near term.

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Reduced Inequality
hu.euronews.com
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Airbus CEO warns of US tariff threat to European aerospace sector

Airbus CEO Guillaume Faury warns of potential negative impacts on the European aerospace sector from the incoming US administration's protectionist policies, including tariffs and import quotas, despite the company's 2024 sales increase of 4% to 766 aircraft. The US is a crucial market for Airbus, w...

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theglobeandmail.com
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Canada's Unexpected Job Boom Fuels Debate on Interest Rates

Canada's economy added 91,000 jobs in December 2016, exceeding expectations significantly, lowering the unemployment rate to 6.7 percent and sparking debate about the Bank of Canada's interest rate policy amidst concerns about U.S. tariffs and a potentially weakening Canadian dollar.

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aljazeera.com
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Fed Cuts Rates but Signals Slower Pace Amid Inflation and Policy Uncertainty

On December 18th, the Federal Reserve lowered its key interest rate by 0.25 percent to 4.3 percent, but indicated a slower pace of future cuts due to persistent inflation (2.4 percent in November) and uncertainty about President-elect Trump's policies, with one official dissenting.

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nbcnews.com
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Trump's Tariffs Threaten to Hike Consumer Electronics Prices

President-elect Trump's proposed tariffs, ranging from 10% to 60% on various imported goods, threaten to significantly increase consumer electronics prices, potentially triggering a global trade war and harming American businesses and innovation; the CTA estimates that laptops would increase in pric...

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jpost.com
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Trump Considers National Emergency for Universal Tariffs

President-elect Donald Trump is considering declaring a national economic emergency to implement universal tariffs on all US imports using the International Economic Emergency Powers Act (IEEPA), potentially impacting allies and adversaries and setting a precedent for future trade actions.

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