Tag #Trade War

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cnn.com

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Apr 22, 19:17

US Stocks Surge After Monday Sell-Off Amid Trade War Uncertainty

US stocks experienced a significant rebound on Tuesday, with major indices surging following Monday's sell-off fueled by trade war uncertainty and President Trump's criticism of the Federal Reserve Chair. The rally was partly driven by reports suggesting a potential de-escalation of the US-China tra...

US Stocks Surge After Monday Sell-Off Amid Trade War Uncertainty

US stocks experienced a significant rebound on Tuesday, with major indices surging following Monday's sell-off fueled by trade war uncertainty and President Trump's criticism of the Federal Reserve Chair. The rally was partly driven by reports suggesting a potential de-escalation of the US-China tra...

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What are the underlying causes of the recent market volatility, considering both trade tensions and the unusual pressure on the Federal Reserve?

The market's volatility reflects anxieties about the ongoing trade war and the unusual tension between the President and the Federal Reserve. Treasury Secretary Scott Bessent's prediction of de-escalation in trade tensions provided a temporary reprieve, leading to widespread buying across major indices. However, underlying concerns remain about the potential for a broader economic slowdown, as projected by the IMF.

usa.chinadaily.com.cn

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Apr 22, 07:15

China's Q1 2024 GDP Growth Exceeds Expectations Amid US Tariff Pressures

China's economy expanded by 5.4 percent year-on-year in Q1 2024, exceeding expectations amid rising US tariffs, driven by policy stimulus, domestic demand growth, and technological innovation investments totaling nearly $206 billion.

China's Q1 2024 GDP Growth Exceeds Expectations Amid US Tariff Pressures

China's economy expanded by 5.4 percent year-on-year in Q1 2024, exceeding expectations amid rising US tariffs, driven by policy stimulus, domestic demand growth, and technological innovation investments totaling nearly $206 billion.

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How is China strategically addressing the US tariff threat and external uncertainties?

Despite facing increased US tariffs and external uncertainties, China is strategically shifting towards a consumption- and innovation-driven economy. This shift involves boosting domestic demand, deepening reforms, and accelerating industrial transformation, aligning with President Xi Jinping's economic priorities.

lefigaro.fr

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Apr 22, 16:17

Global Markets React to Trade War, Gold Hits Record High

Asian and European stock markets reacted cautiously on April 22nd to a Wall Street downturn and rising trade war tensions, with gold hitting a record high of $3500.10 per ounce amidst Donald Trump's criticism of the Federal Reserve chairman.

Global Markets React to Trade War, Gold Hits Record High

Asian and European stock markets reacted cautiously on April 22nd to a Wall Street downturn and rising trade war tensions, with gold hitting a record high of $3500.10 per ounce amidst Donald Trump's criticism of the Federal Reserve chairman.

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How did the actions of Donald Trump towards Jerome Powell contribute to the market fluctuations?

Donald Trump's attacks on the Federal Reserve chairman, Jerome Powell, amid the trade war, fueled market uncertainty. This uncertainty, coupled with concerns about the US economy, drove investors toward safe haven assets like gold and the Japanese yen, which strengthened against the dollar. The rising price of gold reflects investor apprehension.

elpais.com

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Apr 22, 16:17

IMF Cuts Mexico's Growth Forecast Amidst US Trade War

The IMF drastically lowered its growth forecast for Mexico to a 0.3% contraction in 2025 and 1.4% growth in 2026 due to weaker-than-expected economic activity and the impact of US tariffs, contrasting with Mexico's record $505.851 billion in exports to the US in 2024.

IMF Cuts Mexico's Growth Forecast Amidst US Trade War

The IMF drastically lowered its growth forecast for Mexico to a 0.3% contraction in 2025 and 1.4% growth in 2026 due to weaker-than-expected economic activity and the impact of US tariffs, contrasting with Mexico's record $505.851 billion in exports to the US in 2024.

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How do US trade policies, specifically the tariffs imposed on Mexican goods, contribute to the projected economic downturn in Mexico?

Mexico's economic slowdown is largely attributed to US trade policies, including 25% tariffs on certain imports, impacting supply chains and its position as the leading US supplier. The IMF highlights this trade war's negative impact on Mexico's economy and broader Latin American growth.

theglobeandmail.com

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Apr 22, 19:17

GE Aerospace Maintains Forecast Despite $500 Million Tariff Impact

GE Aerospace, facing over $500 million in tariff-related costs, maintains its full-year earnings forecast by implementing price increases, cost controls, and utilizing trade programs; however, it warns of potential delays in spare parts deliveries due to the ongoing trade war.

GE Aerospace Maintains Forecast Despite $500 Million Tariff Impact

GE Aerospace, facing over $500 million in tariff-related costs, maintains its full-year earnings forecast by implementing price increases, cost controls, and utilizing trade programs; however, it warns of potential delays in spare parts deliveries due to the ongoing trade war.

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How does the trade war affect GE Aerospace's supply chain and delivery schedules, both domestically and internationally?

The ongoing trade war significantly impacts GE Aerospace, causing increased costs and potential delays in spare parts deliveries, particularly to China and North America. However, GE Aerospace leverages its market dominance, strong aftermarket services, and a substantial order backlog to offset these negative effects.

abcnews.go.com

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Apr 22, 16:17

IMF Downgrades Global Growth Forecast Amid Trump Tariff Uncertainty

The International Monetary Fund (IMF) lowered its 2025 global growth forecast to 2.8% due to President Trump's tariffs and resulting uncertainty, predicting a 1.8% U.S. growth rate with a 37% chance of recession and slower growth for China and the European Union.

IMF Downgrades Global Growth Forecast Amid Trump Tariff Uncertainty

The International Monetary Fund (IMF) lowered its 2025 global growth forecast to 2.8% due to President Trump's tariffs and resulting uncertainty, predicting a 1.8% U.S. growth rate with a 37% chance of recession and slower growth for China and the European Union.

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How do the IMF's predictions for China and the European Union differ in response to the U.S. tariffs, and why?

The IMF's revised forecasts reflect a global economic slowdown primarily attributed to the trade uncertainty caused by President Trump's tariffs. China's growth is expected to slow to 4% due to reduced U.S. demand, while the U.S. faces a supply shock similar to the pandemic's impact, potentially exacerbating inflation. These impacts highlight the interconnectedness of the global economy and the significant consequences of protectionist trade policies.

cnnespanol.cnn.com

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Apr 22, 04:08

US Stocks Plummet, Dollar Falls Amid Trump's Powell Attacks and Tariff Uncertainty

On Monday, US stocks plummeted—Dow down 2.48%, S&P 500 down 2.36%, Nasdaq down 2.55%—and the US dollar fell 1% to a three-year low amid President Trump's continued attacks on Federal Reserve Chairman Jerome Powell and uncertainty over tariffs.

US Stocks Plummet, Dollar Falls Amid Trump's Powell Attacks and Tariff Uncertainty

On Monday, US stocks plummeted—Dow down 2.48%, S&P 500 down 2.36%, Nasdaq down 2.55%—and the US dollar fell 1% to a three-year low amid President Trump's continued attacks on Federal Reserve Chairman Jerome Powell and uncertainty over tariffs.

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What is the immediate impact of President Trump's criticism of Jerome Powell and the ongoing tariff uncertainty on US financial markets?

The US stock market experienced a significant downturn on Monday, with the Dow Jones Industrial Average falling 972 points (2.48%), the S&P 500 dropping 2.36%, and the Nasdaq Composite declining 2.55%. This follows President Trump's continued criticism of Federal Reserve Chairman Jerome Powell and uncertainty surrounding tariffs. The US dollar also fell 1%, reaching its lowest level in over three years.

lefigaro.fr

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Apr 22, 16:17

Roche to Invest \$50 Billion in US Production

Roche, a Swiss pharmaceutical company, announced a \$50 billion investment in US production facilities over five years, creating 12,000 jobs, to mitigate trade war risks and strengthen its US market position, following a similar investment by Novartis.

Roche to Invest \$50 Billion in US Production

Roche, a Swiss pharmaceutical company, announced a \$50 billion investment in US production facilities over five years, creating 12,000 jobs, to mitigate trade war risks and strengthen its US market position, following a similar investment by Novartis.

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How does Roche's investment relate to the broader context of US trade policy and its impact on the pharmaceutical industry?

Driven by uncertainty stemming from the US-China trade war and potential tariffs, Roche's massive investment in the US aims to secure its position in a key market and safeguard its supply chains. This follows a similar \$23 billion investment by Novartis, highlighting the pharmaceutical industry's strategic response to geopolitical risks. The investment will lead to a shift from importing to exporting pharmaceuticals from the US.

zeit.de

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Apr 22, 16:17

IMF Slashes Global Growth Forecast Amidst Trump's Tariff Policies

The International Monetary Fund (IMF) lowered its global growth forecast to 2.8 percent for 2023, citing President Trump's tariffs as a key factor, and projects zero growth for Germany this year, significantly impacting the Eurozone and global economic stability.

IMF Slashes Global Growth Forecast Amidst Trump's Tariff Policies

The International Monetary Fund (IMF) lowered its global growth forecast to 2.8 percent for 2023, citing President Trump's tariffs as a key factor, and projects zero growth for Germany this year, significantly impacting the Eurozone and global economic stability.

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What is the IMF's revised global growth forecast and what are the primary factors driving this change?

The International Monetary Fund (IMF) slashed its global growth forecast to 2.8 percent, a 0.5 percentage point decrease from its January prediction, primarily due to President Trump's aggressive tariff policies. This downward revision significantly impacts Germany, where the IMF now projects zero growth in 2023, a 0.3 percentage point drop from the previous forecast.

theguardian.com

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Apr 22, 19:18

IMF Slams Australia's Treasury for Underestimating Trade War Impact

The International Monetary Fund (IMF) slashed its 2025 growth forecast for Australia to 1.6%, a significant drop from 2.1% predicted in January, resulting in a $13 billion loss in annual output, contradicting Australia's Treasury's assessment of only "modest" economic damage from the rise in global ...

IMF Slams Australia's Treasury for Underestimating Trade War Impact

The International Monetary Fund (IMF) slashed its 2025 growth forecast for Australia to 1.6%, a significant drop from 2.1% predicted in January, resulting in a $13 billion loss in annual output, contradicting Australia's Treasury's assessment of only "modest" economic damage from the rise in global ...

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How significantly does the IMF's revised growth forecast for Australia differ from the Treasury's prediction, and what are the immediate economic implications of this discrepancy?

The IMF drastically lowered its 2025 growth forecast for Australia to 1.6%, a significant drop from the 2.1% predicted in January, resulting in a $13 billion loss in annual output. This contradicts Australia's Treasury, which predicted only "modest" economic damage from global protectionism, highlighting a potential miscalculation of the trade war's impact.

elmundo.es

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Apr 22, 16:17

IMF slashes global growth forecast amid Trump's trade war

The IMF drastically lowered its 2025 global growth forecast to 2.8% due to Donald Trump's trade war, with the US growth falling below 2% and Mexico entering a recession; however, Spain's growth is revised upward to 2.5% for 2025.

IMF slashes global growth forecast amid Trump's trade war

The IMF drastically lowered its 2025 global growth forecast to 2.8% due to Donald Trump's trade war, with the US growth falling below 2% and Mexico entering a recession; however, Spain's growth is revised upward to 2.5% for 2025.

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How do the IMF's revised forecasts account for the differing economic performances of countries like the US, Mexico, and Spain?

The trade war's negative impact stems from increased tariffs and uncertainty, causing a global economic slowdown. The IMF's chief economist highlights that tariffs negatively affect the supply side, leading to resource misallocation and reduced productivity, while also decreasing competition and stifling innovation in the US. For trade partners, decreased foreign demand is a major consequence.

elpais.com

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Apr 22, 16:17

Spain Defies Global Downturn: IMF Upgrades Growth Forecast

The IMF upgraded Spain's 2025 GDP growth forecast to 2.5%, defying global downward trends due to the US trade war, citing strong service exports, labor growth, and limited US trade exposure.

Spain Defies Global Downturn: IMF Upgrades Growth Forecast

The IMF upgraded Spain's 2025 GDP growth forecast to 2.5%, defying global downward trends due to the US trade war, citing strong service exports, labor growth, and limited US trade exposure.

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How did Spain's service sector and labor market contribute to its economic resilience amidst global uncertainty caused by the US trade war?

Spain's economic resilience stems from its limited direct and indirect trade exposure to the US, mitigating the negative impacts of the trade war and associated uncertainty. This contrasts sharply with other major economies experiencing significant downward revisions in growth projections. The strong performance of Spain's service sector also contributed to its relative success.

Showing 1,489 to 1,500 of 3,850 results