Tag #Trade War

africa.chinadaily.com.cn
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Yuan Expected to Rebound Despite Short-Term Pressures

Despite short-term pressure from US tariffs and a strong dollar, the Chinese yuan, currently at 7.3231 against the dollar, is expected to rebound due to high labor productivity, $3.2024 trillion in foreign exchange reserves, and government policy support.

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44% Bias Score

Decent Work and Economic Growth
china.org.cn
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U.S. Labels Chinese Tech Firms as Military, Sparking Concerns

The U.S. government labeled several Chinese tech companies as military entities, prompting denials and accusations of unfair targeting, impacting companies like Tencent and CATL, as part of a broader effort to curb China's tech advancement, sparking concerns about economic repercussions and potentia...

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56% Bias Score

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dw.com
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Trump's Second Term Threatens Unstable EU

Donald Trump's upcoming second term as US president (January 20, 2025) threatens the EU with trade wars and reduced support for Ukraine and NATO, while Germany and France face unstable governments and severe budget challenges, hindering their ability to present a united front.

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44% Bias Score

Reduced Inequality
theglobeandmail.com
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Trudeau's Resignation Plunges Canada's Economy into Uncertainty"

Canadian Prime Minister Justin Trudeau's resignation creates significant economic uncertainty as key legislative items are stalled, US trade negotiations loom, and a federal election approaches, potentially impacting fiscal projections and social programs.

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52% Bias Score

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aljazeera.com
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China's Border Announcement Reignites India Tensions Amidst US-China Uncertainty

China's announcement of new counties including territory claimed by India as part of Ladakh sparked a protest from India's Ministry of External Affairs, highlighting the fragility of a 2024 border detente and raising concerns about the impact of potential shifts in US-China relations under the incom...

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52% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
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Trump's 1980s Trade Policies Pose Risk to Japan

President-elect Trump's 1980s-style trade policies could negatively impact Japan due to a potentially weakening yen and insufficient trade concessions, potentially escalating into a trade war.

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44% Bias Score

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cnn.com
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Trump Considers National Emergency to Justify Widespread Tariffs

President-elect Donald Trump is considering declaring a national economic emergency to implement broad tariffs on allies and adversaries using the International Economic Emergency Powers Act (IEEPA), a move that could rapidly reshape global trade but also face legal challenges.

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40% Bias Score

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cnnespanol.cnn.com
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Trump Considers National Emergency to Impose Universal Tariffs

President-elect Trump is considering declaring a national economic emergency to justify imposing universal tariffs on both allied and adversarial nations, using the International Emergency Economic Powers Act (IEEPA), potentially bypassing standard trade law procedures and facing legal challenges.

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48% Bias Score

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cnn.com
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Trump's Universal Tariffs: Aides Draft Plans Amidst Internal Debate

President-elect Donald Trump is pushing for universal tariffs on imports, with aides drafting plans for a 10% tariff on all imports and a 60% tariff on goods from China, though adjustments are expected due to economic and political considerations; internal debate mirrors his first term.

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48% Bias Score

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apnews.com
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Trudeau Resigns Amidst Political Turmoil and US Trade Threats

Canadian Prime Minister Justin Trudeau resigned on Monday due to declining popularity amid rising living costs, increasing immigration, and strained relations with the U.S. His departure leaves the Liberal Party to choose a new leader before Parliament resumes on March 24, when a no-confidence vote ...

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48% Bias Score

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news.sky.com
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Tesla's China Success Hinges on Musk-China Ties Amidst US Tensions

Tesla's Shanghai Gigafactory, producing almost a million cars yearly, thrives due to strong ties between Elon Musk and high-ranking Chinese officials, including Premier Li Qiang, despite potential US-China trade conflicts under the incoming Trump administration.

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44% Bias Score

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theglobeandmail.com
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US Stock Futures Rise on New Year's Trading Day

US stock index futures rose in premarket trading on January 2, 2025, driven by hopes for economic growth under a new administration and further interest rate cuts, despite concerns about inflation and potential trade wars.

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40% Bias Score

Decent Work and Economic Growth