Tag #Trade War

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dailymail.co.uk

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Apr 10, 01:18

Trump Pauses Tariffs, Markets Rally After Week of Turmoil

President Trump announced a 90-day pause on his global tariffs, citing market reactions as his reason, resulting in a significant stock market rally across the Nasdaq, S&P 500, and Dow Industrials following a week of turmoil after the initial announcement of the tariffs.

Trump Pauses Tariffs, Markets Rally After Week of Turmoil

President Trump announced a 90-day pause on his global tariffs, citing market reactions as his reason, resulting in a significant stock market rally across the Nasdaq, S&P 500, and Dow Industrials following a week of turmoil after the initial announcement of the tariffs.

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How did President Trump justify his decision to pause tariffs, and what broader strategic goals might this action serve?

Trump's decision to pause tariffs, described as a "transition to greatness," appears strategically designed to maximize negotiating leverage. He claims China, along with other countries, desires a trade deal but needs time to adjust their approach, suggesting a calculated move to pressure them into favorable negotiations. This pause allows for individual, bespoke deals to be made with various nations.

kathimerini.gr

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Apr 10, 22:10

Trump Delays Tariffs, S&P 500 Soars, But Trade War Uncertainty Remains

President Trump's 90-day postponement of new tariffs following a market crash caused a 9.5% surge in the S&P 500, but this temporary relief masks the long-term damage to global trade relations and the uncertainty surrounding future US trade policies, particularly concerning the ongoing dispute with ...

Trump Delays Tariffs, S&P 500 Soars, But Trade War Uncertainty Remains

President Trump's 90-day postponement of new tariffs following a market crash caused a 9.5% surge in the S&P 500, but this temporary relief masks the long-term damage to global trade relations and the uncertainty surrounding future US trade policies, particularly concerning the ongoing dispute with ...

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What are the immediate economic consequences of President Trump's decision to postpone the new tariffs?

President Trump's 90-day delay of new tariffs caused a 9.5% surge in the S&P 500, the fastest daily rise in nearly 17 years. This suggests a limit to market losses Trump is willing to tolerate, offering temporary relief after the initial tariff announcement caused a 15% drop in the S&P 500 and other market disruptions.

dailymail.co.uk

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Apr 10, 13:20

Apple Airlifts 1.5 Million iPhones to Beat Trump Tariffs

To preempt US tariffs, Apple air-freighted 600 tonnes (about 1.5 million) iPhones from India to the US in chartered flights, reducing customs clearance time in Chennai from 30 to 6 hours, amid a global trade war sparked by Donald Trump's tariff program.

Apple Airlifts 1.5 Million iPhones to Beat Trump Tariffs

To preempt US tariffs, Apple air-freighted 600 tonnes (about 1.5 million) iPhones from India to the US in chartered flights, reducing customs clearance time in Chennai from 30 to 6 hours, amid a global trade war sparked by Donald Trump's tariff program.

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How did Apple's actions in India contribute to its broader strategy of mitigating tariff risks?

Apple's strategy reflects a broader trend of diversifying manufacturing beyond China to mitigate tariff risks. The shift to India, evidenced by a 20% production increase at Foxconn's Chennai plant and increased air shipments, showcases this adaptation. This illustrates the significant impact of trade policies on global supply chains.

lemonde.fr

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Apr 10, 01:18

France Cuts 2025 Growth Forecast to 0.7% Amidst US Tariff Uncertainty

The French government lowered its 2025 growth forecast from 0.9% to 0.7% due to global economic uncertainties, primarily related to US tariff announcements, aligning with predictions from the Banque de France and the OFCE, while committing to not raising taxes.

France Cuts 2025 Growth Forecast to 0.7% Amidst US Tariff Uncertainty

The French government lowered its 2025 growth forecast from 0.9% to 0.7% due to global economic uncertainties, primarily related to US tariff announcements, aligning with predictions from the Banque de France and the OFCE, while committing to not raising taxes.

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What is the primary factor behind France's revised 2025 growth forecast, and what are its immediate implications for the French economy?

The French government lowered its 2025 growth forecast to 0.7% due to uncertainties, primarily citing recent US tariff announcements. This follows a previous forecast of 0.9% and aligns with the Banque de France's 0.7% prediction. The decision reflects concerns about the impact of trade disputes.

bbc.com

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Apr 10, 13:20

Australia Rejects China's Anti-Tariff Alliance

Australia rejected China's offer for joint resistance against US tariffs, prioritizing independent action to protect its national interests, despite China imposing 125% tariffs on Australian goods and the US imposing 10%. Australia will instead diversify trade partners and negotiate bilaterally with...

Australia Rejects China's Anti-Tariff Alliance

Australia rejected China's offer for joint resistance against US tariffs, prioritizing independent action to protect its national interests, despite China imposing 125% tariffs on Australian goods and the US imposing 10%. Australia will instead diversify trade partners and negotiate bilaterally with...

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What is Australia's response to China's call for joint action against US tariffs, and what are the immediate implications for Australia's trade relations?

Australia rejected China's proposal for joint opposition to US tariffs, prioritizing independent action to safeguard national interests. Despite China's 125% tariffs on Australian goods and the US's 10% tariffs, Australia seeks bilateral negotiations with the US and diversification of trade partners, including Indonesia, India, the UK, and the UAE. This strategy reflects Australia's commitment to economic resilience and reduced reliance on China.

arabic.euronews.com

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Apr 10, 01:18

Iceland's EU Accession Talks: Geopolitical Uncertainty Influences Referendum Plans

Iceland's Prime Minister Katrin Jakobsdottir expressed concerns about the influence of current geopolitical instability on Iceland's potential EU accession talks, emphasizing the need for a balanced national discussion before a 2027 referendum on restarting negotiations.

Iceland's EU Accession Talks: Geopolitical Uncertainty Influences Referendum Plans

Iceland's Prime Minister Katrin Jakobsdottir expressed concerns about the influence of current geopolitical instability on Iceland's potential EU accession talks, emphasizing the need for a balanced national discussion before a 2027 referendum on restarting negotiations.

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What is the primary factor influencing Iceland's approach to potential EU accession talks, and what are the immediate implications for its timeline?

Iceland's Prime Minister, Katrin Jakobsdottir, stated in a Euronews interview that Iceland does not want its EU accession talks driven by fear, citing the current geopolitical shifts. She highlighted that these shifts, including Russia's invasion of Ukraine and the US-China trade war, will influence Iceland's plans for a 2027 EU membership referendum. A balanced discussion is crucial before any decision is made.

theglobeandmail.com

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Apr 10, 01:18

Trump's Tariff Pause Triggers Wall Street Surge

President Trump announced a 90-day pause on recently imposed tariffs, causing a surge in Wall Street and reversing trillions in global stock market losses; the policy shift also includes a 10% tariff and a 125% tariff on Chinese imports.

Trump's Tariff Pause Triggers Wall Street Surge

President Trump announced a 90-day pause on recently imposed tariffs, causing a surge in Wall Street and reversing trillions in global stock market losses; the policy shift also includes a 10% tariff and a 125% tariff on Chinese imports.

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What is the immediate market impact of President Trump's decision to pause new tariffs?

President Trump's announcement of a 90-day pause on recently imposed tariffs triggered a significant surge in Wall Street, reversing trillions of dollars in losses from global stock markets. The policy shift also includes a lowered 10% tariff and a 125% tariff on Chinese imports.

dailymail.co.uk

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Apr 10, 01:18

Polis and Whitmer Clash Over Trump's Tariffs

Governors Jared Polis and Gretchen Whitmer, potential 2028 Democratic presidential candidates, publicly disagreed on President Trump's tariffs; Polis called them "bad outright," while Whitmer criticized their bluntness but acknowledged the need for fair trade. Trump later paused most tariffs for 90 ...

Polis and Whitmer Clash Over Trump's Tariffs

Governors Jared Polis and Gretchen Whitmer, potential 2028 Democratic presidential candidates, publicly disagreed on President Trump's tariffs; Polis called them "bad outright," while Whitmer criticized their bluntness but acknowledged the need for fair trade. Trump later paused most tariffs for 90 ...

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What are the underlying causes of the contrasting viewpoints on tariffs between the two governors, and how do their stances reflect broader trends in the Democratic party?

This public disagreement highlights a division within the Democratic party regarding tariffs, despite united opposition to Trump's methods. Whitmer acknowledged the need for fair trade and domestic production, while Polis emphasized the inherent benefits of free trade. The differing viewpoints reflect varied approaches to addressing trade imbalances and protecting American industries.

theguardian.com

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Apr 10, 13:20

RBA Governor Delays Interest Rate Decision Amidst Trump's Trade War Uncertainty

RBA Governor Michele Bullock stated on Thursday that it is too early to determine the impact of Trump's trade war on Australian interest rates, tempering expectations of a double rate cut in May while acknowledging the ongoing uncertainty in global markets following recent tariff announcements.

RBA Governor Delays Interest Rate Decision Amidst Trump's Trade War Uncertainty

RBA Governor Michele Bullock stated on Thursday that it is too early to determine the impact of Trump's trade war on Australian interest rates, tempering expectations of a double rate cut in May while acknowledging the ongoing uncertainty in global markets following recent tariff announcements.

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What immediate impact will Trump's trade war have on Australian interest rates?

The Reserve Bank of Australia (RBA) governor, Michele Bullock, stated that it is premature to assess the impact of Trump's trade war on interest rates, downplaying predictions of a double rate cut in May. Bullock emphasized the need for patience and careful consideration of various factors, including global market responses and Australia's economic conditions, before determining the future path of interest rates. She highlighted the uncertainty surrounding the trade war's effects on global supply and demand.

euronews.com

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Apr 10, 13:20

Trump Pauses EU Tariffs, Averts Immediate Economic Crisis

Following market pressure, President Trump temporarily paused his sweeping tariffs on EU goods, averting a potential global recession; the EU responded positively, emphasizing its commitment to constructive negotiations while also pursuing trade diversification.

Trump Pauses EU Tariffs, Averts Immediate Economic Crisis

Following market pressure, President Trump temporarily paused his sweeping tariffs on EU goods, averting a potential global recession; the EU responded positively, emphasizing its commitment to constructive negotiations while also pursuing trade diversification.

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What is the immediate impact of President Trump's decision to pause tariffs on the EU, and how does this affect global economic stability?

President Trump's 90-day pause on tariffs targeting the EU averts an immediate economic crisis, stabilizing global markets and preventing further escalation. The EU welcomes this, viewing it as a crucial step toward stabilizing the global economy and facilitating trade.

lefigaro.fr

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Apr 10, 01:18

Oil Prices Plummet Amidst US-China Trade War

Global oil prices, particularly Brent and West Texas Intermediate crude, fell sharply on Wednesday, reaching their lowest points since February 2021 and September 2022 respectively, due to the escalating US-China trade war and increased oil production by OPEC+.

Oil Prices Plummet Amidst US-China Trade War

Global oil prices, particularly Brent and West Texas Intermediate crude, fell sharply on Wednesday, reaching their lowest points since February 2021 and September 2022 respectively, due to the escalating US-China trade war and increased oil production by OPEC+.

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How does the increased oil production by OPEC+ contribute to the current price drop?

The decline in oil prices is fueled by the US imposing new tariffs on various countries, including significant additional duties on Chinese goods. China retaliated with increased tariffs on US products, heightening trade war concerns and impacting global economic growth, which in turn affects oil demand.

cbsnews.com

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Apr 10, 01:18

Trump Pauses Tariffs, Sending Stocks Soaring

President Trump announced a 90-day pause on most tariffs announced April 2nd, after a week of trade uncertainty that caused an over 8% surge in the S&P 500 and prompted warnings from economists about inflation and recession. China's tariffs on U.S. goods rose to 125% in response to the initial tarif...

Trump Pauses Tariffs, Sending Stocks Soaring

President Trump announced a 90-day pause on most tariffs announced April 2nd, after a week of trade uncertainty that caused an over 8% surge in the S&P 500 and prompted warnings from economists about inflation and recession. China's tariffs on U.S. goods rose to 125% in response to the initial tarif...

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How did China's response to the initial tariffs affect the overall trade situation?

The tariffs, initially intended as a negotiating tactic, caused significant economic uncertainty. Businesses faced higher costs, potentially impacting consumers through increased prices. China's retaliatory tariffs further escalated tensions, raising the rate to 125% on goods imported from China.

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