Tag #Tariffs

cnn.com
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Post-Election Surge in Home and Community Gardening Amidst Tariff Fears

Concerns about increased food prices after the 2024 election spurred a rise in home and community gardening, with anecdotal examples from California and New York, and a retiree in Arkansas preparing for potential tariffs by purchasing a wood chipper.

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44% Bias Score

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cnn.com
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Trump's Universal Tariffs: Aides Draft Plans Amidst Internal Debate

President-elect Donald Trump is pushing for universal tariffs on imports, with aides drafting plans for a 10% tariff on all imports and a 60% tariff on goods from China, though adjustments are expected due to economic and political considerations; internal debate mirrors his first term.

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48% Bias Score

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theglobeandmail.com
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Canada's Trade Surplus with U.S. Grows Amid Trump's Tariff Threats

Canada's November trade deficit shrank to $323 million, while its surplus with the U.S. rose to $8.2 billion, despite overall export growth. This comes amid President-elect Trump's threats of tariffs on Canadian goods due to unresolved border security concerns and criticisms of trade deficits.

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40% Bias Score

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bbc.com
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Trump Threatens Canada with Tariffs Over Border Security

President-elect Donald Trump threatened to impose a 25% tariff on Canadian goods unless Canada increases border security, prompting warnings of significant economic damage and Canada's consideration of counter-tariffs, while Ontario supports increased border security.

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44% Bias Score

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theglobeandmail.com
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Panasonic to Eliminate China Dependence for US EV Batteries

Panasonic Energy, a Tesla supplier, plans to eliminate its reliance on Chinese supply chains for US-made EV batteries due to anticipated increased tariffs under the Trump administration, employing a three-pronged strategy involving US suppliers, supporting Japanese and Korean suppliers to establish ...

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32% Bias Score

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theguardian.com
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Trump Denies Report of Revised Tariff Plans

President-elect Donald Trump denied a Washington Post report that his aides are exploring narrower tariff plans, contradicting his campaign promises of broad 10% tariffs on global imports and 60% on Chinese goods; European markets rallied on the report.

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40% Bias Score

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abcnews.go.com
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Fed Governor Waller Supports Further Interest Rate Cuts Despite Inflation

Federal Reserve Governor Christopher Waller advocates for further interest rate cuts in 2025, despite current inflation near 2.4%, contrasting with Wall Street's expectation of minimal cuts and highlighting uncertainty within the Fed's projections.

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48% Bias Score

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cnnespanol.cnn.com
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Trump's Advisors Weigh Universal Tariffs Amidst Internal Divisions

President-elect Donald Trump is pushing for universal tariffs on foreign imports, with advisors exploring a 10% tariff on all imports and a 60% tariff on Chinese goods, although adjustments are under consideration due to political and economic realities; internal divisions exist among his advisors o...

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40% Bias Score

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theguardian.com
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Supply Chain Issues Could Hike Household Staple Prices by 20%

CIPS warns that global supply chain disruptions, geopolitical tensions, and potential US tariffs could cause household staple prices to increase by up to 20% by 2025, impacting businesses and consumers.

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28% Bias Score

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cnbc.com
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U.S. Services Industry Growth Fueled by Tariff Worries

The U.S. services industry saw a significant increase in activity in December (54.1%), but also a sharp rise in prices (64.4%) due to tariff concerns, impacting the Federal Reserve's monetary policy decisions.

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40% Bias Score

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forbes.com
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Trump Denies Report on Tariff Policy, Markets Rally

President-elect Donald Trump denied a report claiming he would adopt more targeted tariffs than previously stated, causing the dollar to fall and US and European stock markets to rise, indicating investors see less inflation risk from targeted tariffs than broad-based ones.

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40% Bias Score

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china.org.cn
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Former UN Official Warns of Negative Global Impacts from Potential US Protectionist Policies

A former UN official warns that new US protectionist policies could harm global trade, disrupt supply chains, raise consumer prices, and increase global tensions, hindering efforts to address pressing global challenges such as climate change.

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44% Bias Score

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