Tag #Tariffs

abcnews.go.com
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Trump's Steel Tariffs: Potential Boost for Industry, Risks for Broader Economy

President-elect Trump plans to impose tariffs as high as 20% on all imported goods and 60-100% on Chinese goods to boost the domestic steel industry, potentially increasing steel prices and production but risking higher consumer prices and reduced competitiveness for manufacturers reliant on steel.

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36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Trump Threatens 100% Tariffs on Brazil and Other Brics Nations

President-elect Donald Trump threatened 100% tariffs on Brics countries, including Brazil, if they replace the dollar in trade; Brazil exported US\$36.9 billion worth of goods to the US in 2023, and the threat could severely impact these exports.

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48% Bias Score

Decent Work and Economic Growth
theguardian.com
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Trump Belittles Canada and Mexico, Threatens Tariffs

At a Fox Nation ceremony, Donald Trump, awarded "Patriot of the Year," belittled Canada and Mexico, threatening 25% tariffs and suggesting Canada become the 51st US state, despite differing accounts of conversations with both countries' leaders.

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60% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
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AI Earnings Boost Market; Stanley Black & Decker Adjusts to Tariff Risks

Strong AI-driven earnings propel the S&P 500 to record highs, while Stanley Black & Decker plans supply chain shifts to mitigate potential tariff increases under a Trump presidency, leading to a sell rating on the stock.

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44% Bias Score

cnn.com
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Trump Tariffs Threaten Dollar Tree's Product Offerings and Pricing

President-elect Trump's planned tariffs on imported goods threaten Dollar Tree, potentially forcing the discount retailer to remove products, alter specifications, or increase prices above its current $1.25 price point, impacting its low-income customer base.

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48% Bias Score

Reduced Inequality
abcnews.go.com
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Trump, Biden Oppose Nippon Steel's Acquisition of U.S. Steel

President-elect Donald Trump and President Joe Biden oppose Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel, citing national security concerns; the Biden administration is reviewing the transaction, while Trump vowed to block the deal using tax incentives and tariffs.

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48% Bias Score

africa.chinadaily.com.cn
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Trump Signals Potential Shift in US-China Trade Relations

While campaigning on increased tariffs against China, President Trump signals a potential shift toward encouraging Chinese investment in US auto manufacturing, conditional on domestic production and American employment, which contrasts with the Biden administration's protectionist stance and carries...

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44% Bias Score

Decent Work and Economic Growth
cnnespanol.cnn.com
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Trump Claims Mexico Agreed to Curb Border Crossings After Tariff Threat

President-elect Trump claims Mexican President Sheinbaum agreed to curb US-Mexico border crossings following a phone call where he threatened a 25% tariff on Mexico and Canada, a claim Sheinbaum denies. He also stated that his tariff proposal is only the beginning.

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44% Bias Score

Reduced Inequality
theglobeandmail.com
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Trump Tariff Spurs Call for Deeper Canada-U.S. Economic Integration

President-elect Trump's threat of a 25% tariff on Canadian and Mexican goods presents a challenge, but also an opportunity for increased economic integration between Canada and the U.S., potentially mirroring the EU's common market through expanded labor mobility and a broader USMCA agreement.

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40% Bias Score

euronews.com
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Record Fentanyl Seizure in Mexico Amidst US Tariff Threats

Mexican authorities made a record fentanyl bust of 1,100 kilograms in Sinaloa, equivalent to over 20 million doses with a street value of $400 million, following threats from US President-elect Trump to impose tariffs unless drug flows are curbed.

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44% Bias Score

forbes.com
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US-China Trade War Risks Major Escalation

The US-China trade war, initiated in 2018, risks escalating further as President-elect Trump considers substantially higher tariffs on Chinese goods, potentially causing a 0.5-1.0 percentage point reduction in China's economic growth by 2025, and prompting China to retaliate using new sweeping laws ...

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40% Bias Score

abcnews.go.com
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Trump Tariffs to Hike Prices for Small Businesses and Consumers

President-elect Trump's proposed tariffs—a 25% tax on goods from Canada and Mexico and a 10% tax on Chinese goods—will increase costs for small businesses, potentially forcing them to raise consumer prices, impacting businesses like Daily Crunch and Healthy Crunch who import materials and operate on...

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24% Bias Score