Tag #Tariffs

kathimerini.gr
🌐 75% Global Worthiness
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EU Unfazed by Trump's LNG Import Warning

Trump warned the EU to significantly increase US LNG imports or face tariffs; however, the EU is expected to comply, as this aligns with its energy diversification strategy away from Russia, with the European Commission President stating that this would be more cost-effective.

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44% Bias Score

Affordable and Clean Energy
cbsnews.com
🌐 75% Global Worthiness
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Post-Christmas Sales Surge Amidst Retail Sector Instability

American holiday retail sales totaled between $979.5 billion and $989 billion in November and December, up 2.5% to 3.5% year-over-year; post-Christmas sales are now underway, offering deeper discounts than last year, yet store closures surged 69% year-over-year, amid looming tariff threats impacting...

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32% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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US Consumer Confidence Falls Amid Tariff Concerns

US consumer confidence fell to 104.7 in December 2024 from 112.8 in November, below market expectations of 113.5, driven by concerns over President-elect Trump's planned tariffs and their potential impact on the cost of living, with 46 percent of consumers expecting higher prices.

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40% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Trump Threatens Mexico with 25% Tariffs

Donald Trump threatened Mexico with a 25% tariff on all imports unless they address illegal immigration, drug trafficking, and trade imbalances; Mexico's President Sheinbaum responded with a conciliatory approach, highlighting challenges in controlling drug cartels and migration.

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60% Bias Score

Reduced Inequality
english.elpais.com
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Trump to Expel Gang Members, Designate Cartels as Terrorist Organizations

President-elect Trump announced plans to expel all foreign gang members and designate drug cartels as terrorist organizations upon taking office, using federal agencies and sanctions; this follows his claims of Venezuelan gang control in Aurora, Colorado, and mirrors past 'war on drugs' approaches.

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64% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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Bolton: Trump's Tariffs Unlikely to Be Averted by Enhanced Border Security

John Bolton, former Trump advisor, warns that Canada's efforts to improve border security may not prevent Donald Trump from imposing 25 percent tariffs, due to his belief in tariffs as sound economic policy and personal animus towards Canadian leaders.

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44% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 85% Global Worthiness
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Apple Stock Soars: iPhone 17 Launch and AI to Fuel Growth

Apple's stock price has risen nearly 35% in 2024, exceeding the S&P 500's growth, driven by strong financials and the anticipated launch of the iPhone 17, which JPMorgan predicts will increase iPhone sales from 230 million units to 263 million units by 2027.

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48% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 90% Global Worthiness
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Trump's Proposed Tariffs: Potential for Significant Economic Disruption

President-elect Trump's proposed 60 percent tariff on Chinese goods, and 10-20 percent on others, is expected to cause significant economic disruption, potentially increasing US inflation by 1 percent by 2025's third quarter and impacting global supply chains, while China may be better positioned to...

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40% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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Trump's Proposed Tariffs: Potential Economic Impacts on US and China

President-elect Trump's planned 60 percent tariff on Chinese imports is expected to cause significant US inflation and job losses, while potentially pushing some products out of the US market; however, China's diversified markets and proactive economic policies may lessen the negative impacts.

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40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Trump's Planned Tariff Increases to Restructure Global Trade

Incoming President Donald Trump plans to impose significant tariff increases on imports from Mexico, Canada, and China upon taking office in January 2025, potentially within his first 100 days, impacting consumers, businesses, and global trade relations.

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36% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
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Trump's Economic Policies: Potential for Slower Growth and Higher Inflation

President-elect Trump's economic policies, including tax cuts and tariffs, contrast with President Biden's approach, despite a strong economy under Biden; this could lead to decreased growth and increased inflation, particularly in food and restaurant prices.

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40% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 85% Global Worthiness
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US Launches Probe into Chinese Semiconductor Makers, Potential Tariffs Loom

The Biden administration initiated an investigation into Chinese semiconductor producers, potentially imposing tariffs on Chinese goods due to concerns about unfair competition and national security, citing the use of older, cheaper production methods and a lack of transparency in the supply chain.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure