Tag #Trade War

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abcnews.go.com

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Mar 11, 19:17

Japan Fails to Secure U.S. Tariff Exemption

Japanese Trade Minister Yoji Muto failed to secure a U.S. exemption from tariffs on steel, aluminum, and potentially autos, despite negotiations in Washington D.C., jeopardizing Japan's economy and the U.S.-Japan alliance.

Japan Fails to Secure U.S. Tariff Exemption

Japanese Trade Minister Yoji Muto failed to secure a U.S. exemption from tariffs on steel, aluminum, and potentially autos, despite negotiations in Washington D.C., jeopardizing Japan's economy and the U.S.-Japan alliance.

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How do the ongoing trade negotiations between Japan and the U.S. reflect broader global trade tensions?

Muto's Washington meetings underscored rising trade tensions between Japan and the U.S. While U.S. officials acknowledged Japan's economic contributions, they did not offer an exemption from tariffs. This reflects broader global trade friction triggered by the Trump administration's protectionist policies and potential retaliatory measures from other nations.

smh.com.au

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Mar 11, 22:13

Trump Imposes Tariffs on Australian Steel and Aluminum

President Trump decided against exempting Australia from new tariffs on steel and aluminum imports, totaling $1 billion annually, despite a prior agreement to consider an exemption; the White House cites Australia breaking a promise to limit aluminum exports as justification, prioritizing "America-f...

Trump Imposes Tariffs on Australian Steel and Aluminum

President Trump decided against exempting Australia from new tariffs on steel and aluminum imports, totaling $1 billion annually, despite a prior agreement to consider an exemption; the White House cites Australia breaking a promise to limit aluminum exports as justification, prioritizing "America-f...

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What are the immediate economic consequences of President Trump's decision to impose tariffs on Australian steel and aluminum exports?

President Trump's decision to impose tariffs on Australian steel and aluminum, totaling $1 billion in annual exports, follows a previous agreement to consider exemptions. This decision prioritizes "America-first" steel production, despite the relatively small impact on Australia's overall $660 billion export market.

smh.com.au

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Mar 11, 22:13

Trump's Trade War Escalation Sends US Stocks Plunging

Following President Trump's announcement to double planned tariffs on Canadian steel and aluminum, the US stock market experienced significant losses, with the S&P 500 falling 0.8 percent, the Dow Jones losing 1.1 percent, and the Nasdaq slipping 0.2 percent. This followed more warnings about the ec...

Trump's Trade War Escalation Sends US Stocks Plunging

Following President Trump's announcement to double planned tariffs on Canadian steel and aluminum, the US stock market experienced significant losses, with the S&P 500 falling 0.8 percent, the Dow Jones losing 1.1 percent, and the Nasdaq slipping 0.2 percent. This followed more warnings about the ec...

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What was the immediate impact of President Trump's latest trade war escalation on the US stock market?

President Trump's escalation of the trade war caused a significant drop in the US stock market, briefly pushing Wall Street over 10 percent below its record high. The S&P 500 fell 0.8 percent, the Dow Jones lost 1.1 percent (478 points), and the Nasdaq slipped 0.2 percent. These declines followed Trump's announcement to double planned tariffs on Canadian steel and aluminum.",

theguardian.com

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Mar 10, 01:09

Former Central Banker Carney to Become Canada's Next Prime Minister Amidst US Trade War

Mark Carney, a former central banker, won the Canadian Liberal party leadership race and will become the next prime minister, facing an immediate challenge of a US-imposed 25% tariff on Canadian goods. His win comes amidst a significant shift in public opinion and a potential snap election.

Former Central Banker Carney to Become Canada's Next Prime Minister Amidst US Trade War

Mark Carney, a former central banker, won the Canadian Liberal party leadership race and will become the next prime minister, facing an immediate challenge of a US-imposed 25% tariff on Canadian goods. His win comes amidst a significant shift in public opinion and a potential snap election.

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How did the trade war with the US and the recent increase in the Liberal party's popularity contribute to Mark Carney's victory?

Carney's win is significant due to the ongoing trade conflict with the US and his lack of prior political experience. His economic background is seen as an asset in the trade dispute, and his outsider status could energize the Liberal party, which has recently seen its popularity increase dramatically. This surge is partially due to Trump's threats against Canada and Carney's positioning as the most capable leader to handle the situation.

bbc.com

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Mar 10, 07:10

US Trade War Sparks Recession Fears Amidst Tariff Uncertainty

President Trump's administration imposed new tariffs on goods from China, Mexico, and Canada, leading to retaliatory tariffs and market uncertainty; while the administration claims these actions will benefit the US, concerns of a potential recession remain.

US Trade War Sparks Recession Fears Amidst Tariff Uncertainty

President Trump's administration imposed new tariffs on goods from China, Mexico, and Canada, leading to retaliatory tariffs and market uncertainty; while the administration claims these actions will benefit the US, concerns of a potential recession remain.

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What are the immediate economic consequences of the US's recent tariff actions and resulting trade disputes?

President Trump refused to predict a US recession, citing a "period of transition" due to significant policy changes aimed at returning wealth to America. Commerce Secretary Lutnick asserted there would be no recession, though acknowledging potential price increases for some goods. New tariffs imposed on goods from China, Mexico, and Canada have created market volatility.

bbc.com

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Mar 10, 13:10

Canada's New PM Vows to Resist Trump's Trade Policies

Mark Carney, former Bank of England governor, was elected as Canada's prime minister and immediately vowed to resist President Trump's trade policies, emphasizing the defense of Canadian sovereignty and potential trade diversification toward the EU and UK.

Canada's New PM Vows to Resist Trump's Trade Policies

Mark Carney, former Bank of England governor, was elected as Canada's prime minister and immediately vowed to resist President Trump's trade policies, emphasizing the defense of Canadian sovereignty and potential trade diversification toward the EU and UK.

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How does Carney's background and experience inform his strategy for dealing with the US trade conflict?

Carney's experience in navigating economic crises and his international relations background are key to his strategy. He aims to leverage Canada's resources and international alliances, potentially redirecting trade towards the EU and UK, to counter Trump's pressure.

es.euronews.com

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Mar 11, 22:12

Trump Doubles Tariffs on Canadian Steel and Aluminum, Raising Recession Fears

Donald Trump announced he will double tariffs on Canadian steel and aluminum to 50%, effective Wednesday, in response to increased Ontario electricity export prices to the US, escalating trade tensions and fueling recession fears.

Trump Doubles Tariffs on Canadian Steel and Aluminum, Raising Recession Fears

Donald Trump announced he will double tariffs on Canadian steel and aluminum to 50%, effective Wednesday, in response to increased Ontario electricity export prices to the US, escalating trade tensions and fueling recession fears.

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How do Trump's trade disputes with Canada and Mexico reflect his broader economic policies and political strategy?

Trump's tariff increase is part of an escalating trade conflict with Canada, fueled by disputes over electricity prices and dairy imports. His suggestion that Canada become the 51st US state is a further escalation, adding political pressure to economic concerns. The move follows a stock market drop and increasing recession fears.

smh.com.au

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Mar 11, 22:13

US Imposes Tariffs on Australian Steel and Aluminum

The Trump administration will impose 25% tariffs on Australian steel and aluminum imports starting March 12, impacting approximately $1 billion in exports; the Australian government is negotiating for an exemption, but other nations have not received one.

US Imposes Tariffs on Australian Steel and Aluminum

The Trump administration will impose 25% tariffs on Australian steel and aluminum imports starting March 12, impacting approximately $1 billion in exports; the Australian government is negotiating for an exemption, but other nations have not received one.

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How does Australia's approach to securing a tariff exemption compare to that of other nations, and what factors might explain any differences?

Australia's failure to secure a tariff exemption contrasts with other Quad and AUKUS nations that, despite similar outcomes, engaged in face-to-face meetings with the US. This highlights a potential deficiency in Australia's lobbying efforts, although the overall impact on Australia's economy is still unclear, pending further negotiations. The ongoing discussions reflect Australia's continued efforts to mitigate the economic consequences of the tariffs.

theglobeandmail.com

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Mar 11, 19:16

Trade War Prompts Investor Debate on U.S. Stock Investments

Amidst the U.S.-Canada trade war, investor Oliver Hierlihy questions whether to stop automatically investing in a diversified index ETF that includes U.S. stocks, prompting a discussion on the ethics of such investments versus direct consumer boycotts, and the rise of Canadian Depositary Receipts as...

Trade War Prompts Investor Debate on U.S. Stock Investments

Amidst the U.S.-Canada trade war, investor Oliver Hierlihy questions whether to stop automatically investing in a diversified index ETF that includes U.S. stocks, prompting a discussion on the ethics of such investments versus direct consumer boycotts, and the rise of Canadian Depositary Receipts as...

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How does the availability of Canadian Depositary Receipts (CDRs) impact ethical investment choices during a trade war?

The article contrasts direct boycotts with indirect investment actions. While a boycott directly affects U.S. businesses, stock market activity is less impactful, as selling stocks doesn't directly signal opposition and in-demand stocks always find buyers. This contrasts with the explicit nature of a consumer boycott.

news.sky.com

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Mar 10, 01:09

Carney Elected Canadian Prime Minister Amidst US Trade Dispute

Mark Carney, former Bank of England governor, became Canada's new prime minister after winning the Liberal Party leadership with 85.9% of the vote, succeeding Justin Trudeau whose popularity declined due to rising living costs. Carney's platform focused on countering President Trump's tariffs.

Carney Elected Canadian Prime Minister Amidst US Trade Dispute

Mark Carney, former Bank of England governor, became Canada's new prime minister after winning the Liberal Party leadership with 85.9% of the vote, succeeding Justin Trudeau whose popularity declined due to rising living costs. Carney's platform focused on countering President Trump's tariffs.

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What is the immediate impact of Mark Carney's election as Canadian Prime Minister on US-Canada relations?

Mark Carney, former Bank of England governor, won the Canadian Liberal Party leadership with 85.9% of the vote, becoming the new prime minister. His win follows Justin Trudeau's resignation amid declining popularity and rising living costs. Carney's victory speech directly addressed President Trump's tariffs on Canadian goods, vowing retaliation until "respect" is shown.

repubblica.it

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Mar 10, 10:10

China Prioritizes Domestic Consumption to Counter Economic Slowdown and US Trade Tensions

Facing economic headwinds and US trade pressures, China prioritizes boosting domestic consumption in 2025 with a 300 billion yuan stimulus package for consumer goods and service sector expansion, aiming for economic resilience and reduced export dependence.

China Prioritizes Domestic Consumption to Counter Economic Slowdown and US Trade Tensions

Facing economic headwinds and US trade pressures, China prioritizes boosting domestic consumption in 2025 with a 300 billion yuan stimulus package for consumer goods and service sector expansion, aiming for economic resilience and reduced export dependence.

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What is China's primary economic objective for 2025, and how does it address current challenges?

To counter economic slowdown and US trade restrictions, China prioritizes boosting domestic consumption as its top economic goal for 2025. This involves government spending of 300 billion yuan on consumer goods upgrades and expansion of service sectors like healthcare and childcare. This shift aims to reduce reliance on exports and fortify the economy against external shocks.

bbc.com

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Mar 10, 16:12

Carney Elected Canadian Prime Minister, Vows to Win Trade War with Trump

Mark Carney won the Liberal Party leadership race in Canada, succeeding Justin Trudeau, promising to win the trade war with President Trump after the US imposed tariffs on Canadian goods; Carney's win comes as the Liberal Party's popularity has increased due to public concern over Trump's trade thre...

Carney Elected Canadian Prime Minister, Vows to Win Trade War with Trump

Mark Carney won the Liberal Party leadership race in Canada, succeeding Justin Trudeau, promising to win the trade war with President Trump after the US imposed tariffs on Canadian goods; Carney's win comes as the Liberal Party's popularity has increased due to public concern over Trump's trade thre...

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What are the immediate implications of Mark Carney's election as Canada's Prime Minister, particularly concerning the ongoing trade dispute with the United States?

Mark Carney, former governor of the Bank of Canada and the Bank of England, has been elected as Canada's new Prime Minister. His decisive victory came after a leadership race within the Liberal Party, triggered by the resignation of Justin Trudeau due to declining popularity. Carney's campaign focused on confronting trade disputes with the US, promising to "win" against President Trump's tariffs.

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