Tag #Tariffs

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aljazeera.com

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Apr 17, 04:12

US Tariffs Create Uncertainty for Vietnam's Economy

Amidst fluctuating US tariffs, Vietnamese cashew exporters face uncertainty, highlighting the significant economic risks for Vietnam, whose exports to the US account for 30 percent of its GDP; negotiations between the US and Vietnam are ongoing, while China seeks to position itself as a more stable ...

US Tariffs Create Uncertainty for Vietnam's Economy

Amidst fluctuating US tariffs, Vietnamese cashew exporters face uncertainty, highlighting the significant economic risks for Vietnam, whose exports to the US account for 30 percent of its GDP; negotiations between the US and Vietnam are ongoing, while China seeks to position itself as a more stable ...

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How is Vietnam's geopolitical position between the US and China influencing its response to the US tariff policies?

The US-Vietnam trade dispute highlights the complex interplay between global trade relations and national economies. Vietnam, heavily reliant on US exports, faces considerable economic risk due to fluctuating tariffs. Simultaneously, Vietnam's central geopolitical position between the US and China is forcing it to navigate delicate diplomatic waters, balancing its economic interests with its commitment to neutrality.

repubblica.it

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Apr 17, 04:12

US and Japan Aim for 90-Day Trade Deal to Resolve Tariffs

Following talks in Washington, Japan and the U.S. aim to reach a trade agreement within 90 days to resolve existing tariffs, prompted by a recent period of mutual tariff freezes; positive market reactions in Tokyo indicate optimism.

US and Japan Aim for 90-Day Trade Deal to Resolve Tariffs

Following talks in Washington, Japan and the U.S. aim to reach a trade agreement within 90 days to resolve existing tariffs, prompted by a recent period of mutual tariff freezes; positive market reactions in Tokyo indicate optimism.

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What are the underlying causes of the tariff disputes between the U.S. and Japan, and how might this agreement resolve those issues?

The ongoing trade negotiations between Japan and the U.S. are driven by the need to resolve existing tariffs, impacting bilateral economic relations. Minister Akazawa's statement indicates a shared desire for a swift resolution, while the Tokyo Stock Exchange's positive response reflects market confidence in a successful outcome.

abcnews.go.com

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Apr 17, 13:17

ECB Poised for Rate Cut Amid Trump Tariff Worries

Facing slow economic growth (0.2% in Q4 2024) and President Trump's proposed tariffs potentially reaching 20% on European goods, the European Central Bank is likely to cut interest rates for a seventh time on Thursday to stimulate economic activity, making credit more affordable for businesses and c...

ECB Poised for Rate Cut Amid Trump Tariff Worries

Facing slow economic growth (0.2% in Q4 2024) and President Trump's proposed tariffs potentially reaching 20% on European goods, the European Central Bank is likely to cut interest rates for a seventh time on Thursday to stimulate economic activity, making credit more affordable for businesses and c...

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What immediate actions is the ECB taking, and what are the primary reasons behind this decision in light of recent global economic uncertainties?

The European Central Bank (ECB) is expected to cut interest rates for the seventh time due to concerns about economic growth stemming from President Trump's tariff proposals. This rate cut aims to make credit more affordable and stimulate economic activity within the Eurozone. The 0.2% growth in the last quarter of 2024 and the looming threat of higher tariffs from the US significantly influenced this decision.

cnn.com

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Apr 17, 16:15

TikTok Becomes Battleground in US-China Trade War

Chinese suppliers are using TikTok to encourage US consumers to buy directly from their factories to avoid President Trump's tariffs, highlighting the extent of US reliance on Chinese goods and the impact of trade policies on consumer behavior.

TikTok Becomes Battleground in US-China Trade War

Chinese suppliers are using TikTok to encourage US consumers to buy directly from their factories to avoid President Trump's tariffs, highlighting the extent of US reliance on Chinese goods and the impact of trade policies on consumer behavior.

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How does the TikTok campaign reveal the depth of US consumer reliance on Chinese goods?

The influx of Chinese suppliers on TikTok underscores the economic consequences of President Trump's tariffs. Consumers are actively seeking ways to avoid higher prices, revealing a deep dependence on Chinese manufacturing. This strategy, while potentially risky for consumers due to product authenticity concerns, reflects the far-reaching implications of trade policy decisions.

theglobeandmail.com

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Apr 17, 16:15

TSX Rises on Energy Stocks Despite Dow's Fall Amid Trade Uncertainties

Thursday's opening bell saw Canada's TSX composite index rise 0.31% due to energy stocks, while the Dow fell 1.17% following UnitedHealth's 18% share drop and lowered profit forecast; positive sentiment stemmed from U.S.-Japan trade talks, despite ongoing tariff uncertainties and Federal Reserve Cha...

TSX Rises on Energy Stocks Despite Dow's Fall Amid Trade Uncertainties

Thursday's opening bell saw Canada's TSX composite index rise 0.31% due to energy stocks, while the Dow fell 1.17% following UnitedHealth's 18% share drop and lowered profit forecast; positive sentiment stemmed from U.S.-Japan trade talks, despite ongoing tariff uncertainties and Federal Reserve Cha...

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What were the immediate impacts of the U.S.-Japan trade talks and UnitedHealth's financial news on major stock market indices?

Energy stocks boosted Canada's TSX composite index by 0.31% to 24,182.37 points at 9:31 a.m. ET, while the Dow Jones Industrial Average fell 1.17% to 39,206.67 points due to UnitedHealth's 18% share drop after a lowered profit forecast. The S&P 500 and Nasdaq saw gains of 0.56% and 0.57%, respectively.

elmundo.es

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Apr 17, 19:19

IMF: US Tariffs to Slow Global Growth, but No Recession Predicted

The IMF projects downward revisions in global GDP growth forecasts due to US tariffs, but not a recession; however, inflation may rise in some countries, while low-income countries face reduced aid flows. The long-term effects include decreased productivity and innovation.

IMF: US Tariffs to Slow Global Growth, but No Recession Predicted

The IMF projects downward revisions in global GDP growth forecasts due to US tariffs, but not a recession; however, inflation may rise in some countries, while low-income countries face reduced aid flows. The long-term effects include decreased productivity and innovation.

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What are the immediate economic impacts of the US trade escalation according to the IMF, and how significant are they globally?

The IMF's managing director, Kristalina Georgieva, stated that the US trade war will not cause a global recession, but it will lead to downward revisions in global GDP growth projections. The upcoming World Economic Outlook report will detail these revisions, which are expected to be significant but not recession-inducing. Inflation forecasts will also be revised upwards for some countries.

dailymail.co.uk

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Apr 17, 04:12

US-UK Trade Deal Expected Within Three Weeks

White House officials expect a US-UK trade deal within three weeks, part of a broader US strategy to counter China's economic influence; while the UK faces some tariffs, optimism for a comprehensive deal exists due to the strong bilateral relationship; Chancellor Reeves will continue negotiations in...

US-UK Trade Deal Expected Within Three Weeks

White House officials expect a US-UK trade deal within three weeks, part of a broader US strategy to counter China's economic influence; while the UK faces some tariffs, optimism for a comprehensive deal exists due to the strong bilateral relationship; Chancellor Reeves will continue negotiations in...

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What are the immediate implications of a rapid US-UK trade deal, given the ongoing trade war with China?

White House officials anticipate finalizing a trade deal with the UK within three weeks, following similar agreements with Japan, India, and South Korea, all aimed at countering China's influence. Britain's relative immunity from recent US tariffs, due to a balanced trade relationship, has contributed to optimism.

chinadaily.com.cn

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Apr 17, 04:12

Meloni Seeks Trade Concessions from Trump Amid EU-US Tensions

Italian Prime Minister Giorgia Meloni will visit the White House on Thursday to discuss trade issues with President Trump, seeking relief from US tariffs on EU imports while navigating her close relationship with Trump and her country's membership in the European Union.

Meloni Seeks Trade Concessions from Trump Amid EU-US Tensions

Italian Prime Minister Giorgia Meloni will visit the White House on Thursday to discuss trade issues with President Trump, seeking relief from US tariffs on EU imports while navigating her close relationship with Trump and her country's membership in the European Union.

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Partnerships for the Goals

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How does Meloni's relationship with Trump influence her approach to EU-US trade negotiations, and what are the potential risks and rewards?

Meloni's visit follows a recent EU trade commissioner's unsuccessful attempt to secure tariff reductions. Her close relationship with Trump, while potentially beneficial, may complicate her efforts to prioritize EU interests. The EU's decision to pause retaliatory tariffs and Trump's tariff suspension have lessened immediate pressure, but long-term solutions remain elusive.

abcnews.go.com

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Apr 17, 13:17

Trump's Cocoa Tariff Threatens Ivory Coast's Economy

President Trump's proposed 21% tariff on Ivorian cocoa, temporarily suspended, threatens Ivory Coast's \$3.68 billion cocoa export market, impacting farmers already struggling with reduced yields from adverse weather and plant diseases. The U.S. is Ivory Coast's fourth-largest cocoa importer.

Trump's Cocoa Tariff Threatens Ivory Coast's Economy

President Trump's proposed 21% tariff on Ivorian cocoa, temporarily suspended, threatens Ivory Coast's \$3.68 billion cocoa export market, impacting farmers already struggling with reduced yields from adverse weather and plant diseases. The U.S. is Ivory Coast's fourth-largest cocoa importer.

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What are the immediate economic consequences for Ivory Coast if the proposed U.S. tariff on cocoa is implemented?

Ivory Coast, the world's largest cocoa producer, faces potential economic instability due to President Trump's proposed 21% tariff on its cocoa exports to the U.S. This tariff, although temporarily suspended, threatens to exacerbate existing challenges like adverse weather and plant diseases that have already decreased harvests and limited farmers' profits. The U.S. is Ivory Coast's fourth-largest cocoa importer, with exports totaling \$3.68 billion in 2023.

theglobeandmail.com

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Apr 17, 16:15

Meloni Meets Trump: Bridging EU-US Trade Divide

Italian Prime Minister Giorgia Meloni meets with US President Trump to discuss trade and other issues, aiming to bridge the EU and US amid trade disputes impacting Italy's €40 billion trade surplus with the US, while navigating ideological similarities and differences.

Meloni Meets Trump: Bridging EU-US Trade Divide

Italian Prime Minister Giorgia Meloni meets with US President Trump to discuss trade and other issues, aiming to bridge the EU and US amid trade disputes impacting Italy's €40 billion trade surplus with the US, while navigating ideological similarities and differences.

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What are the immediate economic implications for Italy and the EU resulting from Meloni's meeting with Trump regarding trade tariffs?

Italian Prime Minister Giorgia Meloni's meeting with President Trump aims to bridge the EU and US amid trade disputes. The EU's €1.6 trillion annual trade with the US is at stake, with Trump's tariff threats impacting Italy's €40 billion trade surplus. Meloni seeks clarity on Trump's trade goals, prioritizing maintaining strong economic ties.

edition.cnn.com

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Apr 17, 22:11

Ford Warns of Car Price Hikes Due to Tariffs

Ford warned dealers of upcoming car price increases due to President Trump's 25% tariff on imported cars, effective April 3; the tariff could add thousands to car prices, potentially impacting millions of vehicles, yet consumer demand may curb price increases compared to 2021.

Ford Warns of Car Price Hikes Due to Tariffs

Ford warned dealers of upcoming car price increases due to President Trump's 25% tariff on imported cars, effective April 3; the tariff could add thousands to car prices, potentially impacting millions of vehicles, yet consumer demand may curb price increases compared to 2021.

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How do the tariffs connect to broader economic trends and consumer behavior in the automotive market?

The tariffs' impact connects to broader economic patterns: increased production costs, reduced supply, and potential price hikes for consumers. The 25% tariff could add $2,500-$5,000 to the cost of the cheapest American cars and up to $20,000 for imported models.

nos.nl

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Apr 17, 22:11

India's Manufacturing Sector Sees Growth Amidst Tariff Adjustments

Despite President Trump's tariff adjustments, India's manufacturing sector is experiencing growth due to increased production to avoid Chinese tariffs, although challenges including a small workforce and high import tariffs remain.

India's Manufacturing Sector Sees Growth Amidst Tariff Adjustments

Despite President Trump's tariff adjustments, India's manufacturing sector is experiencing growth due to increased production to avoid Chinese tariffs, although challenges including a small workforce and high import tariffs remain.

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What are the key obstacles preventing India from realizing its manufacturing potential?

Trump's tariffs, initially 27 percent for India compared to higher rates for countries like Bangladesh, Vietnam, and Taiwan, increased India's attractiveness for manufacturing. This led to increased production in India, as evidenced by reports of increased iPhone shipments from a Foxconn factory in Chennai to avoid Chinese tariffs. The shift highlights opportunities for India to capture market share from China.

Showing 1,057 to 1,068 of 3,243 results