Tag #Trade War

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kathimerini.gr

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Apr 15, 22:17

Trump's Tariffs Trigger US Economic Turmoil

Trump's tariffs are causing significant economic turmoil in the US, with consumer confidence at a historic low, inflation predicted to surge, and Goldman Sachs estimating a 45% chance of recession within the next year, even after a temporary tariff suspension.

Trump's Tariffs Trigger US Economic Turmoil

Trump's tariffs are causing significant economic turmoil in the US, with consumer confidence at a historic low, inflation predicted to surge, and Goldman Sachs estimating a 45% chance of recession within the next year, even after a temporary tariff suspension.

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How do the current economic challenges relate to Trump's stated policy goals of long-term economic benefits?

The current economic distress stems from Trump's protectionist policies, which prioritize short-term pain for long-term gain, a narrative challenged by the severity of present problems and uncertainty about future returns. This strategy's impact is amplified by a decrease in foreign demand for US assets and increased unemployment as indicated by private sector indicators.

dw.com

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Apr 15, 22:17

Euro Surges Past Dollar on US Uncertainty and European Stimulus

The Euro has strengthened against the dollar by over 10% since January, fueled by US protectionism, increased confidence in the European economy, and diverging monetary policies; however, potential US tariffs and global economic uncertainty temper the Euro's rise.

Euro Surges Past Dollar on US Uncertainty and European Stimulus

The Euro has strengthened against the dollar by over 10% since January, fueled by US protectionism, increased confidence in the European economy, and diverging monetary policies; however, potential US tariffs and global economic uncertainty temper the Euro's rise.

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What are the main factors driving the recent surge in the Euro's value against the US dollar?

The Euro has appreciated by over 10% against the US dollar since January, driven by President Trump's protectionist trade policies and increased investor confidence in the European economy. On October 15th, one Euro was worth \$1.13. This rise is fueled by diverging monetary policies, with the US Federal Reserve lowering interest rates while the European Central Bank maintains a cautious stance.

euronews.com

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Apr 15, 22:17

Trade War Jitters: Market Volatility Despite Strong Corporate Earnings

Early trading saw the S&P 500 up 0.2%, the Dow Jones up 0.1%, and the Nasdaq up 0.3%, despite the ongoing trade war causing market volatility; Bank of America's 10% profit increase and Citigroup's strong results contrasted with Boeing's decline following a Chinese order halt.

Trade War Jitters: Market Volatility Despite Strong Corporate Earnings

Early trading saw the S&P 500 up 0.2%, the Dow Jones up 0.1%, and the Nasdaq up 0.3%, despite the ongoing trade war causing market volatility; Bank of America's 10% profit increase and Citigroup's strong results contrasted with Boeing's decline following a Chinese order halt.

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What is the immediate impact of President Trump's trade war on global financial markets?

The S&P 500 saw a slight increase of 0.2% in early trading, despite experiencing significant intraday and daily volatility. This fluctuation is largely attributed to President Trump's trade war, which economists warn could trigger a global recession if not mitigated. Strong corporate earnings reports from some banks, such as Bank of America (10% profit jump), and Citigroup, partially offset negative impacts.

forbes.com

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Apr 15, 19:17

Lawsuits Challenge Trump's "Liberation Day" Tariffs

Conservative legal groups are suing President Trump, claiming his "Liberation Day" tariffs illegally exceed his executive authority under the IEEPA; lawsuits target tariffs on imports from multiple countries, including the EU, and could reach the Supreme Court, impacting future presidential trade ac...

Lawsuits Challenge Trump's "Liberation Day" Tariffs

Conservative legal groups are suing President Trump, claiming his "Liberation Day" tariffs illegally exceed his executive authority under the IEEPA; lawsuits target tariffs on imports from multiple countries, including the EU, and could reach the Supreme Court, impacting future presidential trade ac...

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Reduced Inequality

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How do these lawsuits reflect broader ideological debates within the Republican party regarding executive power and the administrative state?

Conservative groups, who frequently challenge executive overreach, are leading the legal fight against Trump's tariffs, highlighting a key ideological conflict within the Republican party. The lawsuits leverage a recent Supreme Court ruling limiting executive branch interpretation of laws, potentially impacting future presidential actions regarding trade policy.

aljazeera.com

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Apr 15, 16:11

China Accuses NSA of Cyberattacks During Winter Games

Harbin police accuse the US National Security Agency (NSA), the University of California, and Virginia Polytechnic Institute and State University of launching cyberattacks during the February Asian Winter Games, targeting China's energy, transportation, water, communications, and defense research se...

China Accuses NSA of Cyberattacks During Winter Games

Harbin police accuse the US National Security Agency (NSA), the University of California, and Virginia Polytechnic Institute and State University of launching cyberattacks during the February Asian Winter Games, targeting China's energy, transportation, water, communications, and defense research se...

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What specific industries and infrastructure in Heilongjiang province were targeted by the alleged cyberattacks?

Harbin police accuse the NSA, University of California, and Virginia Tech of launching cyberattacks during the Asian Winter Games, targeting critical infrastructure in Heilongjiang province. Three alleged NSA agents are on a wanted list. The attacks aimed to sabotage China's infrastructure and steal information.

forbes.com

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Apr 15, 16:11

Trump Tariffs, Recession Fears, and Bitcoin's Unexpected Rise

Ray Dalio warned of a potential recession worse than 2008 due to President Trump's tariffs weakening the U.S. dollar, yet Bitcoin's price has risen despite 40-60% recession odds, with some analysts viewing a recession as a potential catalyst for its price increase.

Trump Tariffs, Recession Fears, and Bitcoin's Unexpected Rise

Ray Dalio warned of a potential recession worse than 2008 due to President Trump's tariffs weakening the U.S. dollar, yet Bitcoin's price has risen despite 40-60% recession odds, with some analysts viewing a recession as a potential catalyst for its price increase.

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How do the predictions of a potential recession and the current strength of Bitcoin relate to each other?

Trump's tariffs, reaching up to 145% on some Chinese goods, have sparked a global trade war, weakening the U.S. dollar and fueling recession fears. This economic uncertainty, however, is viewed by some, including BlackRock's head of digital assets, as a potential catalyst for bitcoin price increases due to historical responses to recessions involving increased government spending and monetary stimulus.

kathimerini.gr

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Apr 15, 22:17

Scope Ratings Warns of Potential US Credit Downgrade Amidst Trade War

Scope Ratings warns of a potential US credit downgrade if a prolonged trade war undermines confidence in the dollar or if President Trump adopts capital controls; the dollar's value has already fallen significantly following recent tariffs, and credit default swap markets are pricing in multiple pot...

Scope Ratings Warns of Potential US Credit Downgrade Amidst Trade War

Scope Ratings warns of a potential US credit downgrade if a prolonged trade war undermines confidence in the dollar or if President Trump adopts capital controls; the dollar's value has already fallen significantly following recent tariffs, and credit default swap markets are pricing in multiple pot...

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What long-term trends or developments could hasten the decline of the US dollar's global dominance?

The potential for a US credit downgrade underscores the systemic risk posed by trade disputes. Increased economic integration between China and the EU, combined with further Chinese economic liberalization and increased EU internal investment, could accelerate the decline of the dollar's global dominance. This scenario, while not immediate, presents a significant long-term threat to US economic stability.

politico.eu

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Apr 15, 22:17

EU Delays Fines on Apple and Meta Amid US Trade Tensions

The European Commission has delayed imposing fines on Apple and Meta for violating the EU's Digital Markets Act (DMA), past its self-imposed March 28th deadline, amid rising trade tensions with the United States which threaten retaliatory tariffs.

EU Delays Fines on Apple and Meta Amid US Trade Tensions

The European Commission has delayed imposing fines on Apple and Meta for violating the EU's Digital Markets Act (DMA), past its self-imposed March 28th deadline, amid rising trade tensions with the United States which threaten retaliatory tariffs.

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How do the ongoing trade tensions between the US and EU influence the Commission's decision-making process regarding the DMA fines?

The delay in imposing penalties is linked to US trade threats and retaliatory tariffs if the EU enforces the DMA against American tech companies. This situation highlights the complexities of balancing the EU's regulatory goals with its geopolitical relationship with the US. The uncertainty surrounding the timing and amount of potential penalties creates significant uncertainty for the tech companies involved and broader market confidence.

it.euronews.com

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Apr 15, 22:17

Trump's Semiconductor Tariffs: Impact on US Tech Giants

President Trump announced potential tariffs on semiconductors next week, impacting companies like Nvidia, Intel, TSMC, Samsung, and Apple. The tariffs aim to boost US production and reduce reliance on foreign suppliers, particularly China.

Trump's Semiconductor Tariffs: Impact on US Tech Giants

President Trump announced potential tariffs on semiconductors next week, impacting companies like Nvidia, Intel, TSMC, Samsung, and Apple. The tariffs aim to boost US production and reduce reliance on foreign suppliers, particularly China.

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How might these tariffs affect the global semiconductor supply chain and competition?

These tariffs, likely under Section 232 of the 1962 Trade Expansion Act, aim to boost US semiconductor production and reduce reliance on foreign nations, particularly China. Companies like Nvidia, while expanding US production, still rely heavily on foreign suppliers, potentially facing higher costs. Intel, while having US production, also outsources advanced chip production.

cbsnews.com

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Apr 15, 13:16

Trump Administration Investigates Imports of Chips and Pharmaceuticals, Citing National Security

The Trump administration launched investigations into imports of computer chips, chip-making equipment, and pharmaceuticals, citing national security concerns and aiming to boost domestic production, potentially imposing new tariffs.

Trump Administration Investigates Imports of Chips and Pharmaceuticals, Citing National Security

The Trump administration launched investigations into imports of computer chips, chip-making equipment, and pharmaceuticals, citing national security concerns and aiming to boost domestic production, potentially imposing new tariffs.

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How might these investigations affect U.S. consumers and businesses, considering the reliance on imports for these products?

These investigations, enabled by Section 232 of the Trade Expansion Act of 1962, aim to assess the national security implications of relying on foreign sources for critical goods. The administration argues that reshoring production of pharmaceuticals and semiconductors is crucial, impacting supply chains and potentially raising prices for consumers. The investigation also considers foreign subsidies and unfair trade practices.

dw.com

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Apr 15, 16:11

IEA Lowers 2025 Global Oil Consumption Forecast

The IEA lowered its 2025 global oil consumption forecast by 300,000 barrels per day to 103.54 million due to weaker economic conditions and trade tensions, while OPEC made a smaller reduction; the price of crude oil has fallen below \$60 per barrel.

IEA Lowers 2025 Global Oil Consumption Forecast

The IEA lowered its 2025 global oil consumption forecast by 300,000 barrels per day to 103.54 million due to weaker economic conditions and trade tensions, while OPEC made a smaller reduction; the price of crude oil has fallen below \$60 per barrel.

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Climate Action

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How do the IEA and OPEC forecasts for oil demand compare, and what factors account for any discrepancies?

The IEA attributes the reduced oil demand forecast to weaker economic prospects and the escalating trade war, with the impact particularly felt in the US and China. OPEC also reduced its forecast, but by a smaller margin. The decrease in oil prices is partly due to increased oil production by OPEC+ members, exceeding voluntary reduction targets.

kathimerini.gr

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Apr 15, 16:11

China's Trade Diversion Threatens European Economic Stability

Increased US tariffs on Chinese goods are diverting a massive amount of Chinese products to Europe, threatening European industries; the EU faces a complex challenge in balancing its response to this situation, while its trade deficit with China was almost $332 billion in 2023.

China's Trade Diversion Threatens European Economic Stability

Increased US tariffs on Chinese goods are diverting a massive amount of Chinese products to Europe, threatening European industries; the EU faces a complex challenge in balancing its response to this situation, while its trade deficit with China was almost $332 billion in 2023.

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How will the diversion of Chinese goods to Europe, resulting from US tariffs, impact European industries in the short term?

China's increased trade diversion to Europe due to US tariffs on Chinese goods threatens to destabilize European industries. This influx of cheaper Chinese products, ranging from electric vehicles to consumer electronics, could significantly undercut European manufacturers in France, Germany, Italy, and beyond. The European Union faces a complex challenge in balancing its response to this situation.

Showing 1,633 to 1,644 of 3,850 results