Tag #Tariffs

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telegraaf.nl
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US Tariffs Rise, Impacting Global Trade and Stock Markets

The US raised import tariffs on steel and aluminum to 50%, impacting global trade; ArcelorMittal's stock rose 1%; Philips will buy back €125 million in shares; China may order hundreds of Airbus planes; the Dutch economy is expected to grow by 1.5% this year, but faces uncertainties due to political...

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nytimes.com
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Trump's 90-Day Trade Deal Goal Faces Doubt

President Trump's administration aims to sign trade deals with up to 90 countries in 90 days, a drastically shorter timeframe than the typical 917 days for such agreements. The only deal announced so far is a non-binding framework with Britain, raising concerns about the feasibility of the 90-day go...

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abcnews.go.com
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U.S.-EU Trade Talks Yield Progress, No Breakthrough

U.S. and EU trade negotiators met in Paris on Wednesday to discuss tariffs, making some progress but failing to reach a breakthrough amid a record $161 billion trade deficit in 2022 and disagreements over auto tariffs and regulations.

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edition.cnn.com
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US Company Relocates Manufacturing to Dominican Republic to Avoid Tariffs

Facing increased tariffs on goods manufactured in Mexico and China, World Emblem CEO Randy Carr used ChatGPT to discover the Dominican Republic and is investing millions of dollars to build a 100,000 square foot plant in the country's free zones, aiming to save seven figures annually by leveraging t...

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forbes.com
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Trump Voices Concern Over Difficult US-China Trade Talks

President Trump stated that trade negotiations with China are proving difficult, raising concerns about the future of the 90-day truce reached in Geneva last month; China denies violating the agreement and accuses the U.S. of doing so.

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french.china.org.cn
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California's Tariffs Lawsuit Dismissed, Allowed to Appeal

A US federal judge dismissed California's lawsuit challenging Donald Trump's tariffs due to jurisdictional issues, allowing the state to appeal to the Ninth Circuit Court of Appeals; California projects $25 billion in consumer costs and 64,000 job losses due to these tariffs.

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cnn.com
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Trump Calls Xi Jinping 'Extremely Hard to Make a Deal With' Amid Renewed US-China Tensions

President Trump describes Chinese President Xi Jinping as "extremely hard to make a deal with," escalating tensions between the two countries despite a recent trade agreement. New disputes have arisen over China's rare earth mineral export controls and US actions targeting China's tech sector, while...

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abcnews.go.com
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Tariff Uncertainty Freezes Business Investment, Risks U.S. Recession

Fluctuating tariffs under President Trump's administration have created significant uncertainty, prompting major U.S. corporations to freeze hiring and investments, risking economic slowdown and potentially recession.

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cnn.com
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US Tariffs Drive World Emblem's Manufacturing Shift to Dominican Republic

Facing steep US tariffs, World Emblem, the world's largest clothing patch producer, is moving 30–35% of its manufacturing from Mexico and China to the Dominican Republic, expecting seven-figure annual savings and opening a new 100,000 sq ft plant next year, driven by the Dominican Republic's free zo...

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elmundo.es
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US-China Trade Tensions Rise Despite Trump's Positive Remarks on Xi

President Trump stated his liking for President Xi Jinping but acknowledged the difficulty of reaching a trade agreement amid rising tariffs on steel and aluminum; China responded by criticizing Washington's "negative measures" and emphasizing the need for dialogue and cooperation, citing a January ...

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npr.org
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Trump Doubles Steel and Aluminum Tariffs to 50%

President Trump doubled tariffs on imported steel and aluminum to 50%, citing national security under the 1962 Trade Expansion Act, potentially impacting various industries and consumers.

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dailymail.co.uk
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UK Services Sector Rebounds in May Amidst Ongoing Economic Uncertainties

Britain's services sector returned to growth in May (PMI 50.9), reversing April's contraction due to reduced US tariff concerns, recovering global markets, and improved business confidence; however, labor cost pressures remain.

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40% Bias Score

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Showing 1,081 to 1,092 of 4,150 results