Tag #Tariffs

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npr.org
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Trump's Tariffs: Increased Revenue at the Expense of American Consumers

During the first five months of 2024, U.S. tariffs and excise taxes totaled $68.9 billion—a 78% increase from the previous year—primarily due to President Trump's tariffs on various imports, although this revenue comes at the cost of higher prices and economic uncertainty for American businesses and...

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bbs.chinadaily.com.cn
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US-China Trade Tensions: Actions Contradict Geneva Agreement

Following the Geneva trade talks, China maintained a consistent cooperative stance, while the US imposed new restrictions, including on chip exports, despite a joint statement promising tariff reductions; this led to lawsuits and domestic opposition within the US, affecting companies and consumers.

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politico.eu
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Delayed US-UK Trade Deal Leaves British Businesses Facing Continued Tariffs

A highly anticipated US-UK trade deal, announced on May 8th, promised to slash tariffs on British steel and car exports, but these tariffs remain in place a month later, causing significant financial hardship for British businesses while negotiations continue over implementation details.

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theglobeandmail.com
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Canada's Economy Faces Headwinds Amidst U.S. Tariffs and AI Concerns

The Bank of Canada held its key interest rate at 2.75 percent amid rising unemployment (7 percent in May) and U.S. tariffs on Canadian steel and aluminum (increased to 50 percent), shrinking the U.S. trade deficit with Canada while raising concerns about AI's impact on critical thinking skills.

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europe.chinadaily.com.cn
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US-China Trade Tensions Persist Despite Dialogue

Tensions in US-China trade relations continue despite a recent phone call between Presidents Xi and Trump, with the US imposing tariffs and tech restrictions while China advocates for dialogue and approved some rare earth export licenses.

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global.chinadaily.com.cn
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US-China Trade Tensions: Dialogue or Confrontation?

US-China trade relations are strained due to US tariffs; a recent phone call between Presidents Xi and Trump offers a chance for renewed dialogue, but US actions continue to indicate a zero-sum approach, and only genuine cooperation can resolve this.

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nbcnews.com
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US-China Trade Talks in London Aim to De-escalate Dispute

Senior U.S. and Chinese officials will meet in London on Monday to discuss the trade dispute, with China's restrictions on critical minerals high on the agenda; China reported a 34.5% decrease in exports to the U.S. in May.

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kathimerini.gr
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US-China Trade Talks in London: Truce Extension Amidst Heightened Tensions

US and China hold trade talks in London to extend their truce, following a previous agreement in Geneva that temporarily lowered tariffs; however, tensions persist, with China engaging in parallel talks with other countries to potentially create a united front against US trade policies.

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theglobeandmail.com
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Canadian Premiers Fast-Track Infrastructure Amidst US Tariff Disruption

Facing economic disruption from US tariffs, Canadian premiers across the political spectrum are fast-tracking infrastructure projects, bypassing environmental reviews and prioritizing 'nation-building' initiatives such as mine development and energy projects, with federal support varying.

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cnn.com
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US-China Trade Deal Expected After London Meeting

US National Economic Council Director Kevin Hassett anticipates a finalized US-China trade deal following Monday's London meeting, aiming to restore rare earth mineral exports to pre-April levels after a 90-day agreement where the US lowered tariffs on Chinese goods from 145% to 30%, and China reduc...

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africa.chinadaily.com.cn
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US-China Trade Tensions: Dialogue Offers Hope Amidst Continued US Restrictions

US-China trade relations are strained due to US tariffs, but a recent phone call between Presidents Xi and Trump and a planned meeting suggest potential for renewed dialogue, though the US's continued tech restrictions and visa revocations create uncertainty.

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elpais.com
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Trump's Tariffs Force Europe to Reimagine its Industrial Future

Trump's renewed tariffs threaten global trade, prompting Europe to rethink its industrial strategy; economist Mariana Mazzucato advocates for a transformative approach prioritizing public investment and institutional strengthening, not protectionism.

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Showing 1,021 to 1,032 of 4,150 results