Tag #Trade War

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bbc.com

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Apr 3, 22:14

Trump's 20% Tariff on EU Goods Sparks Condemnation and Retaliation

President Trump's announcement of a 20% tariff on European goods triggered immediate condemnation from EU leaders, who are preparing retaliatory tariffs while simultaneously seeking negotiations; the move is expected to severely impact various European industries and economies.

Trump's 20% Tariff on EU Goods Sparks Condemnation and Retaliation

President Trump's announcement of a 20% tariff on European goods triggered immediate condemnation from EU leaders, who are preparing retaliatory tariffs while simultaneously seeking negotiations; the move is expected to severely impact various European industries and economies.

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What are the potential long-term economic and geopolitical consequences of this trade dispute for the EU and its member states?

The long-term consequences of this trade dispute remain uncertain, but several sectors face significant challenges. Italy's agri-food and wine industries, for example, could lose billions of euros and face increased competition from imitations. Smaller businesses, particularly in countries like Slovakia and Norway, will likely bear the brunt of the economic fallout, with potential for significant job losses and diminished economic growth.

edition.cnn.com

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Apr 3, 22:14

Trump's Sweeping Tariffs Spark Global Trade War

President Trump imposed a 10% tariff on all US imports, impacting 60 countries, with China facing a 34% tariff and the EU a 20% tariff; the rates, however, are not reciprocal but based on a formula calculating trade surpluses.

Trump's Sweeping Tariffs Spark Global Trade War

President Trump imposed a 10% tariff on all US imports, impacting 60 countries, with China facing a 34% tariff and the EU a 20% tariff; the rates, however, are not reciprocal but based on a formula calculating trade surpluses.

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What are the potential long-term ramifications of these tariffs on global trade relations and supply chains, and how might affected countries respond?

The new tariffs will likely trigger retaliatory measures from affected countries, deepening the global trade war and potentially disrupting supply chains for US consumers. The formula used for calculating tariffs may create unintended consequences, as it doesn't account for actual tariffs imposed by other countries, leading to unpredictable trade relations.

dw.com

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Apr 3, 22:15

US Tariffs to Contract Global Trade by 1%, WTO Warns

The WTO projects a 1% contraction in global trade volume in 2025 due to new US tariffs ranging from 10% to 34%, prompting concerns about escalating trade tensions and the potential marginalization of the WTO.

US Tariffs to Contract Global Trade by 1%, WTO Warns

The WTO projects a 1% contraction in global trade volume in 2025 due to new US tariffs ranging from 10% to 34%, prompting concerns about escalating trade tensions and the potential marginalization of the WTO.

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What are the specific tariff rates imposed by the US, and what are the reactions of key international players and organizations?

President Trump's globally implemented tariffs, ranging from 10% to 34% depending on the country, are the primary cause of the projected trade contraction. The EU president described these tariffs as a "blow to the global economy". The WTO manages 74% of global trade, down from 80% earlier in the year due to these tariffs.

dw.com

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Apr 3, 22:15

TikTok's US Sale Deadline Extended Amidst National Security Concerns

The US government ordered TikTok's Chinese owner, ByteDance, to sell its US operations by January 19, 2025, due to national security concerns, but President Trump extended the deadline to April 5th, 2025, amid ongoing negotiations and Chinese government opposition.

TikTok's US Sale Deadline Extended Amidst National Security Concerns

The US government ordered TikTok's Chinese owner, ByteDance, to sell its US operations by January 19, 2025, due to national security concerns, but President Trump extended the deadline to April 5th, 2025, amid ongoing negotiations and Chinese government opposition.

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What is the main reason behind the US government's demand for ByteDance to sell its TikTok US operations?

In 2024, the Biden administration ordered ByteDance, TikTok's Chinese owner, to sell its US operations or face a ban due to national security concerns over data handling and potential Chinese government manipulation. A law was passed, giving ByteDance until January 19, 2025, to sell; however, President Trump granted a 75-day extension, delaying the deadline to April 5th, 2025. The app briefly disappeared from US app stores nearing the initial deadline.",

zeit.de

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Apr 3, 22:15

Trump's Global Tariffs: Immediate Market Impact and EU Response

US President Trump announced global tariffs of at least 10 percent on all imports, with the EU facing an additional 20 percent reciprocal tariff; this caused immediate negative impacts on global stock markets, particularly affecting German and European companies, and threatening a significant reduct...

Trump's Global Tariffs: Immediate Market Impact and EU Response

US President Trump announced global tariffs of at least 10 percent on all imports, with the EU facing an additional 20 percent reciprocal tariff; this caused immediate negative impacts on global stock markets, particularly affecting German and European companies, and threatening a significant reduct...

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What are the immediate economic consequences of Trump's newly announced tariffs on the EU and Germany?

President Trump announced across-the-board tariffs of at least 10 percent on all imports, starting Saturday, with additional reciprocal tariffs based on perceived trade barriers in each country. The EU faces a 20 percent reciprocal tariff, while Germany is not individually listed. Specific goods like copper and medicine are exempted.

theguardian.com

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Apr 3, 22:15

Trump Imposes Global Tariffs; UK Faces Economic Uncertainty

On Wednesday, Donald Trump imposed tariffs on various countries, including the UK (10%), triggering global economic uncertainty and prompting a cautious response from the UK government while causing panic and confusion among businesses and politicians.

Trump Imposes Global Tariffs; UK Faces Economic Uncertainty

On Wednesday, Donald Trump imposed tariffs on various countries, including the UK (10%), triggering global economic uncertainty and prompting a cautious response from the UK government while causing panic and confusion among businesses and politicians.

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What were the immediate economic impacts of Trump's newly imposed tariffs on global markets and the UK?

On Wednesday, Donald Trump imposed tariffs on numerous countries, impacting global trade and causing significant uncertainty. The UK, despite efforts to mitigate the impact, received a 10% tariff, triggering concern and uncertainty among businesses. Currency traders who bet against the dollar profited from the resulting market volatility.

lemonde.fr

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Apr 3, 22:14

Macron Condemns US Tariffs, Threatens Retaliation

French President Emmanuel Macron denounced the US's new tariffs as "brutal and unfounded," threatening retaliatory measures including investment suspensions in the US, while various French industries expressed concerns over potentially significant economic consequences.

Macron Condemns US Tariffs, Threatens Retaliation

French President Emmanuel Macron denounced the US's new tariffs as "brutal and unfounded," threatening retaliatory measures including investment suspensions in the US, while various French industries expressed concerns over potentially significant economic consequences.

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How will the French government's proposed two-stage response shape the trade dispute with the US?

Macron's response highlights the escalating trade war between the US and Europe. His call for European unity and threat of retaliatory tariffs reflect the serious economic implications of Trump's decisions for European businesses and citizens. The suspension of investments in the US underscores the uncertainty and potential damage to the US economy resulting from protectionist policies.

edition.cnn.com

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Apr 3, 22:14

Trump's sweeping tariffs trigger US trade war, raising prices on consumer goods

President Trump implemented sweeping tariffs ranging from 10% to 79% on imports from numerous countries, impacting American consumers and businesses through increased prices on a wide range of products, with the most significant increases expected on electronics, shoes, and toys from China and Vietn...

Trump's sweeping tariffs trigger US trade war, raising prices on consumer goods

President Trump implemented sweeping tariffs ranging from 10% to 79% on imports from numerous countries, impacting American consumers and businesses through increased prices on a wide range of products, with the most significant increases expected on electronics, shoes, and toys from China and Vietn...

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What are the immediate economic consequences of President Trump's newly imposed tariffs on goods from various countries?

President Trump initiated a significant trade war, imposing tariffs ranging from 10% to 79% on goods from numerous countries. This directly impacts American consumers and businesses, who will face increased prices on a wide array of imported products.

dw.com

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Apr 3, 22:15

Trump's Tariffs Trigger German Outcry, Economic Fears

US President Donald Trump's newly announced tariffs are projected to decrease Germany's GDP by 0.3%, causing significant criticism from the German government and concerns about a global trade war, impacting various sectors including automotive and potentially resulting in 300,000 job losses.

Trump's Tariffs Trigger German Outcry, Economic Fears

US President Donald Trump's newly announced tariffs are projected to decrease Germany's GDP by 0.3%, causing significant criticism from the German government and concerns about a global trade war, impacting various sectors including automotive and potentially resulting in 300,000 job losses.

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How do the new tariffs affect Germany's current economic situation, and what is the broader global impact?

The German government plans a robust but proportional response to the tariffs, emphasizing a unified European approach. This follows Germany's already struggling economy, which is in recession. International partners like Japan, South Korea, and China have also signaled a unified response to the US tariffs.

dw.com

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Apr 3, 22:15

Trump Imposes Sweeping Tariffs, Sparking Economic Uncertainty

President Trump imposed new tariffs on imports from dozens of countries, including allies like Japan, with rates ranging from 10% to 46% depending on the trade deficit with the US, sparking criticism from American industries and economists who predict negative economic consequences.

Trump Imposes Sweeping Tariffs, Sparking Economic Uncertainty

President Trump imposed new tariffs on imports from dozens of countries, including allies like Japan, with rates ranging from 10% to 46% depending on the trade deficit with the US, sparking criticism from American industries and economists who predict negative economic consequences.

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What are the long-term implications of this protectionist policy on global trade relationships and the US economy?

The implementation of these tariffs marks a significant shift towards protectionism, potentially destabilizing global trade relationships. The unpredictable nature of these tariffs, combined with the negative reactions from American industries and economists, suggests potential long-term economic repercussions for the United States and its trading partners, including possible retaliatory tariffs and disruptions to supply chains. The resulting uncertainty could also lead to geopolitical realignments.

theguardian.com

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Apr 3, 22:15

Republican Senators Defy Trump on Tariffs Amid Growing Backlash

Four Republican senators defied President Trump by voting with Democrats against his new tariffs on Canadian goods, signaling a growing internal backlash within the Republican party amid tanking stock markets and widespread international criticism; the resolution, though lacking legal force, highlig...

Republican Senators Defy Trump on Tariffs Amid Growing Backlash

Four Republican senators defied President Trump by voting with Democrats against his new tariffs on Canadian goods, signaling a growing internal backlash within the Republican party amid tanking stock markets and widespread international criticism; the resolution, though lacking legal force, highlig...

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What is the immediate political and economic impact of the Republican senators' defiance of Trump's tariffs?

Four Republican senators defied President Trump's new tariffs, voting with Democrats on a resolution to reverse the 25% tax on Canadian goods. This vote, supported by prominent figures like Mitch McConnell, signals growing internal opposition within the Republican party to Trump's trade war. The resolution, while lacking legal force, highlights deepening concerns about the economic consequences of the tariffs.

elmundo.es

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Apr 3, 22:15

Trump's Tariffs Hit Asian Economies Hard

President Trump's new tariffs have imposed significant economic consequences on multiple Asian nations, including China, Japan, South Korea, and Southeast Asian countries, with projected GDP reductions and supply chain disruptions; the actions sparked varied responses from affected countries.

Trump's Tariffs Hit Asian Economies Hard

President Trump's new tariffs have imposed significant economic consequences on multiple Asian nations, including China, Japan, South Korea, and Southeast Asian countries, with projected GDP reductions and supply chain disruptions; the actions sparked varied responses from affected countries.

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What are the immediate economic consequences of President Trump's new tariffs on Asian countries?

President Trump's imposition of steep tariffs on various Asian countries has significantly impacted their economies. China, having shifted some supply chains to Southeast Asia to avoid earlier tariffs, faces further economic strain, while Japan's GDP is projected to decrease by 0.6% due to reciprocal tariffs. These actions have also negatively affected other nations like South Korea, Vietnam, and Cambodia.

Showing 1,753 to 1,764 of 3,381 results