Tag #Trade War

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theguardian.com

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Apr 10, 22:10

Trump's Tariff U-Turn: Economic Chaos and Political Fallout

President Trump's April 2nd tariff announcement triggered global market crashes, prompting a 90-day pause but leaving a 10% tariff on all imports, estimated to cost American families $2,600 annually; his policy reversal raises questions about his economic strategy and political strength.

Trump's Tariff U-Turn: Economic Chaos and Political Fallout

President Trump's April 2nd tariff announcement triggered global market crashes, prompting a 90-day pause but leaving a 10% tariff on all imports, estimated to cost American families $2,600 annually; his policy reversal raises questions about his economic strategy and political strength.

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What were the immediate economic consequences of Trump's initial tariff announcement, and how did his subsequent actions affect those consequences?

On April 2nd, President Trump announced significant tariffs, causing global market crashes and recession warnings. His subsequent 90-day tariff pause, while easing market anxieties, leaves a 10% tariff on all foreign imports, resulting in higher consumer prices estimated at an average annual cost of $2,600 per American family.

theglobeandmail.com

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Apr 10, 01:18

Global Bond Market Turmoil Impacts Canada, but Rate Cuts Offer Potential Relief

Rising U.S. Treasury bond yields, fueled by tariff-induced inflation concerns, caused global market turbulence, impacting Canadian bonds and dividend stocks; however, potential Bank of Canada rate cuts offer a mitigating factor.

Global Bond Market Turmoil Impacts Canada, but Rate Cuts Offer Potential Relief

Rising U.S. Treasury bond yields, fueled by tariff-induced inflation concerns, caused global market turbulence, impacting Canadian bonds and dividend stocks; however, potential Bank of Canada rate cuts offer a mitigating factor.

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What is the primary cause of the recent turmoil in the global fixed-income market, and what are its immediate consequences for investors?

This week, the usually stable fixed-income market experienced significant turbulence due to sharp drops in U.S. government bond prices, impacting global markets including Canada. Canadian bond yields increased, though less dramatically than in the U.S., affecting various investments like ETFs and preferred shares. Even dividend stocks of large Canadian utilities underperformed.

lemonde.fr

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Apr 10, 01:18

France Cuts 2025 Growth Forecast to 0.7% Amidst US Tariff Uncertainty

The French government lowered its 2025 growth forecast from 0.9% to 0.7% due to global economic uncertainties, primarily related to US tariff announcements, aligning with predictions from the Banque de France and the OFCE, while committing to not raising taxes.

France Cuts 2025 Growth Forecast to 0.7% Amidst US Tariff Uncertainty

The French government lowered its 2025 growth forecast from 0.9% to 0.7% due to global economic uncertainties, primarily related to US tariff announcements, aligning with predictions from the Banque de France and the OFCE, while committing to not raising taxes.

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What is the primary factor behind France's revised 2025 growth forecast, and what are its immediate implications for the French economy?

The French government lowered its 2025 growth forecast to 0.7% due to uncertainties, primarily citing recent US tariff announcements. This follows a previous forecast of 0.9% and aligns with the Banque de France's 0.7% prediction. The decision reflects concerns about the impact of trade disputes.

arabic.euronews.com

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Apr 10, 01:18

Iceland's EU Accession Talks: Geopolitical Uncertainty Influences Referendum Plans

Iceland's Prime Minister Katrin Jakobsdottir expressed concerns about the influence of current geopolitical instability on Iceland's potential EU accession talks, emphasizing the need for a balanced national discussion before a 2027 referendum on restarting negotiations.

Iceland's EU Accession Talks: Geopolitical Uncertainty Influences Referendum Plans

Iceland's Prime Minister Katrin Jakobsdottir expressed concerns about the influence of current geopolitical instability on Iceland's potential EU accession talks, emphasizing the need for a balanced national discussion before a 2027 referendum on restarting negotiations.

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Peace, Justice, and Strong Institutions

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What is the primary factor influencing Iceland's approach to potential EU accession talks, and what are the immediate implications for its timeline?

Iceland's Prime Minister, Katrin Jakobsdottir, stated in a Euronews interview that Iceland does not want its EU accession talks driven by fear, citing the current geopolitical shifts. She highlighted that these shifts, including Russia's invasion of Ukraine and the US-China trade war, will influence Iceland's plans for a 2027 EU membership referendum. A balanced discussion is crucial before any decision is made.

dailymail.co.uk

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Apr 10, 01:18

Polis and Whitmer Clash Over Trump's Tariffs

Governors Jared Polis and Gretchen Whitmer, potential 2028 Democratic presidential candidates, publicly disagreed on President Trump's tariffs; Polis called them "bad outright," while Whitmer criticized their bluntness but acknowledged the need for fair trade. Trump later paused most tariffs for 90 ...

Polis and Whitmer Clash Over Trump's Tariffs

Governors Jared Polis and Gretchen Whitmer, potential 2028 Democratic presidential candidates, publicly disagreed on President Trump's tariffs; Polis called them "bad outright," while Whitmer criticized their bluntness but acknowledged the need for fair trade. Trump later paused most tariffs for 90 ...

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What are the underlying causes of the contrasting viewpoints on tariffs between the two governors, and how do their stances reflect broader trends in the Democratic party?

This public disagreement highlights a division within the Democratic party regarding tariffs, despite united opposition to Trump's methods. Whitmer acknowledged the need for fair trade and domestic production, while Polis emphasized the inherent benefits of free trade. The differing viewpoints reflect varied approaches to addressing trade imbalances and protecting American industries.

pda.kp.ru

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Apr 10, 01:18

Trump Pauses Tariffs on Most, But Raises Them on China

President Trump announced a 90-day pause on import tariffs for most countries, reducing them to 10%, but increased tariffs on China to 25%, effective immediately, following appeals from over 75 countries.

Trump Pauses Tariffs on Most, But Raises Them on China

President Trump announced a 90-day pause on import tariffs for most countries, reducing them to 10%, but increased tariffs on China to 25%, effective immediately, following appeals from over 75 countries.

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What are the immediate consequences of President Trump's decision to temporarily suspend import tariffs on most countries but increase them on China?

President Trump has temporarily suspended the planned imposition of import tariffs on most countries for 90 days, reducing the tariff to 10% during this period. However, this suspension does not apply to China, where tariffs have been increased to 25%. This decision follows appeals from over 75 countries.

elmundo.es

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Apr 10, 22:10

US Trade War Creates Uncertainty for Spain's Agri-Food Sector

The US-China trade war threatens Spain's agri-food sector, particularly olive oil and wine, but the sector, facing 1,253 new EU regulations in 2024 alone, expresses optimism due to past crisis management and emphasizes the need for competitiveness and regulatory relief.

US Trade War Creates Uncertainty for Spain's Agri-Food Sector

The US-China trade war threatens Spain's agri-food sector, particularly olive oil and wine, but the sector, facing 1,253 new EU regulations in 2024 alone, expresses optimism due to past crisis management and emphasizes the need for competitiveness and regulatory relief.

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How significantly does the US trade war impact Spain's agri-food sector's competitiveness, considering the imposed tariffs and the sector's existing challenges?

The US-China trade war has created uncertainty in the global food sector, particularly impacting Spain's agri-food industry due to potential tariffs on products like olive oil and wine. Despite concerns, the sector expresses optimism based on past successes navigating pandemic and energy crises. The European Commission spokesperson emphasized the role of trade in adapting to these challenges.

cnn.com

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Apr 10, 01:18

Trump Reverses Course on Tariffs Amid Economic Emergency

President Trump declared a national economic emergency, initially threatening severe new taxes but later focusing tariffs on China and offering negotiations to other countries after market turmoil; his administration also cites numerous other emergencies to justify actions bypassing environmental re...

Trump Reverses Course on Tariffs Amid Economic Emergency

President Trump declared a national economic emergency, initially threatening severe new taxes but later focusing tariffs on China and offering negotiations to other countries after market turmoil; his administration also cites numerous other emergencies to justify actions bypassing environmental re...

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How do President Trump's various emergency declarations relate to his broader policy goals, and what are the underlying systemic issues driving his reliance on such declarations?

Trump's administration frequently cites various emergencies to justify actions, including drug flow, border security, energy production, and lumber. These declarations often involve bypassing environmental regulations and invoking wartime powers, raising concerns about the overuse of emergency authority.

lefigaro.fr

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Apr 10, 01:18

Oil Prices Plummet Amidst US-China Trade War

Global oil prices, particularly Brent and West Texas Intermediate crude, fell sharply on Wednesday, reaching their lowest points since February 2021 and September 2022 respectively, due to the escalating US-China trade war and increased oil production by OPEC+.

Oil Prices Plummet Amidst US-China Trade War

Global oil prices, particularly Brent and West Texas Intermediate crude, fell sharply on Wednesday, reaching their lowest points since February 2021 and September 2022 respectively, due to the escalating US-China trade war and increased oil production by OPEC+.

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How does the increased oil production by OPEC+ contribute to the current price drop?

The decline in oil prices is fueled by the US imposing new tariffs on various countries, including significant additional duties on Chinese goods. China retaliated with increased tariffs on US products, heightening trade war concerns and impacting global economic growth, which in turn affects oil demand.

theglobeandmail.com

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Apr 10, 01:18

White House Misinterprets Research to Justify China Tariffs

Pau Pujolas, a researcher whose 2024 paper on optimal tariffs was cited by the White House to justify new tariffs on China, says his work was misinterpreted, leading to global economic instability as China retaliated with its own tariffs and global markets plunged.

White House Misinterprets Research to Justify China Tariffs

Pau Pujolas, a researcher whose 2024 paper on optimal tariffs was cited by the White House to justify new tariffs on China, says his work was misinterpreted, leading to global economic instability as China retaliated with its own tariffs and global markets plunged.

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What are the immediate consequences of the White House's misinterpretation of Pujolas's research on trade tariffs?

The White House cited a 2024 research paper co-authored by Pau Pujolas in justification of its new tariffs on Chinese imports. Pujolas's research, while accurately stating that optimal tariffs are higher in the presence of large trade deficits, was misinterpreted; the paper's methodology and conclusions advocate for carefully targeted tariffs, not the broad levies currently imposed. This misinterpretation has led to increased global economic uncertainty.

abcnews.go.com

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Apr 10, 22:10

Trump's Tariff Decision: Temporary Market Rally Masks Rising Recession Risk

President Trump's partial tariff rollback initially boosted the stock market, but the remaining 145% tariff on Chinese goods, combined with other levies, is expected to increase consumer prices by 2.7% by 2025 and raise the risk of a recession, according to experts.

Trump's Tariff Decision: Temporary Market Rally Masks Rising Recession Risk

President Trump's partial tariff rollback initially boosted the stock market, but the remaining 145% tariff on Chinese goods, combined with other levies, is expected to increase consumer prices by 2.7% by 2025 and raise the risk of a recession, according to experts.

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How do the current tariffs on various imported goods, including those from China and other nations, affect consumer prices and the likelihood of a recession?

Increased tariffs on Chinese goods, coupled with a 10% levy on almost all imports and additional tariffs on various other goods, will significantly raise prices for consumers. This, combined with economic uncertainty, elevates the probability of a recession, as predicted by several economic experts.

theglobeandmail.com

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Apr 10, 01:18

Trump's Tariff War: A Competitive Dynamics Analysis

President Trump's tariffs on over 180 countries create a global trade war where most nations are not retaliating, giving the U.S. a bargaining advantage; however, China's significant response and the resulting opportunities for Canada are key aspects.

Trump's Tariff War: A Competitive Dynamics Analysis

President Trump's tariffs on over 180 countries create a global trade war where most nations are not retaliating, giving the U.S. a bargaining advantage; however, China's significant response and the resulting opportunities for Canada are key aspects.

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What are the underlying competitive dynamics driving the responses of major exporters to Trump's tariffs?

The article uses the lens of competitive dynamics to analyze the global trade war. It argues that the U.S.'s uneven tariff application creates competition among exporters for U.S. market access, mirroring a selective price war in the airline industry. China's counter-tariffs, while retaliatory, inadvertently benefit other countries' access to its market, potentially shifting global trade relationships.

Showing 1,753 to 1,764 of 3,850 results