Tag #Trade War

Showing 121 to 132 of 3,124 results

theglobeandmail.com
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China Criticizes Canada's EV Tariffs, Warns Against U.S. Alignment

China's ambassador to Canada criticized Canada's 100 percent tariffs on Chinese electric vehicles, impacting investment and creating a trade war involving retaliatory tariffs on Canadian goods like canola oil and peas; he also warned against Canada's alignment with the U.S. against China, calling it...

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abcnews.go.com
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ECB Poised for Eighth Rate Cut Amid Trade War Concerns

The European Central Bank is expected to cut interest rates on Thursday to a benchmark rate of 2%, its eighth cut since June 2024, in response to lower inflation and concern over the impact of US President Donald Trump's trade war on Europe's export-dependent economy.

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theglobeandmail.com
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ECB Cuts Rates Amidst Trade Uncertainty

The European Central Bank cut interest rates by 2 percentage points for the eighth time since last June, bringing borrowing costs to a neutral range, as inflation meets the 2% target; however, future decisions remain data-dependent due to U.S. trade policy uncertainty and the 12-18 month lag in mone...

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abcnews.go.com
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Ford Responds to Trump Tariffs with Reshoring Plan

Ontario Premier Doug Ford is responding to President Trump's 25% tariffs on Canadian steel and aluminum by planning to reshore manufacturing, warning that this could cost American consumers \$15 billion and lead to job losses in the U.S., while also potentially harming Canadian businesses.

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welt.de
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ECB Lowers Rates Amidst US Trade War Uncertainty

The European Central Bank (ECB) lowered interest rates to counter slowing inflation and the negative effects of US trade disputes, projecting 0.9% Eurozone growth in 2024 despite concerns about investment and consumer confidence.

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china.org.cn
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Mixed U.S. Stock Market Reaction to Weak Hiring Data and Trade Tensions

U.S. stocks closed mixed on Wednesday, with the Dow down 0.22 percent, the S&P 500 slightly up, and the Nasdaq up 0.32 percent, due to weak May hiring data (37,000 jobs added), contraction in the service sector, and increased U.S.-China trade tensions following a tariff hike.

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cbsnews.com
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Trump Tariffs: \$2.8 Trillion Deficit Cut, but Economic Contraction Predicted

The Congressional Budget Office projects President Trump's tariff plan will cut the deficit by \$2.8 trillion over 10 years but also shrink the U.S. economy, increase inflation by 0.4 percent annually in 2025-26, and reduce household purchasing power, based on the assumption that the tariffs will re...

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us.cnn.com
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ECB Cuts Interest Rate to 2%, Following Drop in Eurozone Inflation

The European Central Bank cut its main interest rate to 2% on Thursday, its eighth reduction since June 2024, in response to falling inflation (1.9% year-on-year) below the ECB's 2% target. This decision has drawn criticism from President Trump, who is pressuring the Federal Reserve to lower US inte...

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edition.cnn.com
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Trump's Tariffs Squeeze US Businesses, Consumers

President Trump's tariffs are significantly impacting the US economy, causing uncertainty among businesses and consumers, affecting hiring, prices, and sales across various sectors, with an initial buying spree now showing signs of slowing.

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theguardian.com
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ECB Cuts Interest Rates to 2% to Combat Slowing Eurozone Growth

The European Central Bank (ECB) cut interest rates to 2% on October 24th, 2024, its eighth cut in a year, to combat slowing economic growth across the eurozone, particularly in France, Germany, and Italy, driven by the impact of Donald Trump's trade wars and low inflation.

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sueddeutsche.de
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ECB Lowers Interest Rates Amid Inflation Drop, Global Trade Uncertainty

The European Central Bank (ECB) lowered interest rates in response to inflation falling to 1.9 percent in May, prompting uncertainty about further cuts while concerns remain about potential global trade conflicts causing stagflation.

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cnn.com
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Trump and Xi Express Optimism on Trade After Phone Call

Presidents Trump and Xi Jinping held a 90-minute phone call on Thursday, expressing optimism about resolving trade tensions and agreeing to further talks, focusing on rare earth minerals and reciprocal tariffs, while setting aside other geopolitical issues.

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Showing 121 to 132 of 3,124 results