Tag #Trade War

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kathimerini.gr

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Apr 9, 10:13

EU Unveils €21 Billion Retaliatory Tariff Plan Against US

The EU will implement €21 billion in countermeasures against US steel and aluminum tariffs in three phases starting April 15th, impacting US exports and potentially escalating trade tensions.

EU Unveils €21 Billion Retaliatory Tariff Plan Against US

The EU will implement €21 billion in countermeasures against US steel and aluminum tariffs in three phases starting April 15th, impacting US exports and potentially escalating trade tensions.

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What is the EU's immediate response to US tariffs on steel and aluminum, and what is its projected short-term economic impact on the US?

The European Union is retaliating against US tariffs on steel and aluminum with €21 billion in countermeasures. These measures, set for a vote today, will likely pass with the required special majority. The first phase begins April 15th, impacting US exports initially by €3.9 billion.

elpais.com

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Apr 9, 19:19

Spanish Businesses Criticize Government's Trade War Response

Spanish business groups criticize the government's \$15.7 billion plan to counter the effects of the US trade war, citing insufficient direct aid and restrictions on layoffs as major concerns, while also highlighting the vulnerability of SMEs.

Spanish Businesses Criticize Government's Trade War Response

Spanish business groups criticize the government's \$15.7 billion plan to counter the effects of the US trade war, citing insufficient direct aid and restrictions on layoffs as major concerns, while also highlighting the vulnerability of SMEs.

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How do Spanish business groups respond to the government's aid package, and what are their main concerns?

Spanish business groups criticize the government's response to the trade war, arguing that the aid package's conditions, particularly restrictions on layoffs, hinder its effectiveness. They contend that the current economic climate requires flexibility for businesses to adapt and survive.

corriere.it

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Apr 9, 19:19

US Tariffs Threaten €1.3 Billion in Italian Wine Exports

US tariffs on Italian wine imports will cost producers €323 million annually, jeopardizing 76% of US exports (364 million bottles, €1.3 billion) by 2025 unless a cost-sharing agreement is reached with US importers to avoid passing the increased costs to consumers.

US Tariffs Threaten €1.3 Billion in Italian Wine Exports

US tariffs on Italian wine imports will cost producers €323 million annually, jeopardizing 76% of US exports (364 million bottles, €1.3 billion) by 2025 unless a cost-sharing agreement is reached with US importers to avoid passing the increased costs to consumers.

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What is the immediate economic impact of the US tariffs on Italian wine exports, and what measures are being proposed to mitigate it?

The 20% US tariffs on imported goods will cost Italian wine producers €323 million annually (€1.94 billion total revenue), threatening market exit for many unless costs are shared with US importers, preventing consumer price increases. Italian wine exports to the US totaled 480 million bottles last year; in 2025, 364 million bottles (€1.3 billion) could be at risk—76% of 2024 exports.

nos.nl

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Apr 9, 19:19

EU Imposes $22 Billion in Tariffs on US Goods

The European Union is implementing retaliatory tariffs up to 25 percent on $22 billion of US goods, including soybeans, meat, plastics, steel, and cosmetics, starting next week, in response to US tariffs on European steel and aluminum; this measured response prioritizes negotiation but prepares for ...

EU Imposes $22 Billion in Tariffs on US Goods

The European Union is implementing retaliatory tariffs up to 25 percent on $22 billion of US goods, including soybeans, meat, plastics, steel, and cosmetics, starting next week, in response to US tariffs on European steel and aluminum; this measured response prioritizes negotiation but prepares for ...

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How does the EU's response differ from China's, and what strategic considerations underlie this difference?

The EU's targeted approach focuses on products from US states that predominantly voted for Trump, aiming to pressure key industries and Republican voters. The phased implementation of tariffs, starting next week and continuing through December, signals a strategic preference for negotiation, while also preparing a larger response if talks fail.

nrc.nl

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Apr 9, 19:19

US Auto Tariffs Trigger Immediate Global Supply Chain Disruptions

The US imposed import tariffs on automobiles, causing major automakers like Audi, Jaguar Land Rover, and Aston Martin to halt US exports and Stellantis to temporarily close plants, laying off 900 workers; container bookings to the US dropped 67 percent, indicating significant disruptions to global s...

US Auto Tariffs Trigger Immediate Global Supply Chain Disruptions

The US imposed import tariffs on automobiles, causing major automakers like Audi, Jaguar Land Rover, and Aston Martin to halt US exports and Stellantis to temporarily close plants, laying off 900 workers; container bookings to the US dropped 67 percent, indicating significant disruptions to global s...

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How do the imposed tariffs affect global supply chains and what are the potential broader implications for international trade?

The automotive sector's response to US tariffs serves as a microcosm of potential broader economic effects. Reduced exports and plant closures demonstrate the immediate consequences, while confusion over tariffs on auto parts further underscores the complexity and uncertainty. The resulting price increases could reach thousands of dollars per vehicle, depending on manufacturer pricing strategies.

politico.eu

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Apr 9, 22:13

EU Rejects Trump's $350 Billion Gas Demand, Lowers Storage Targets

The EU plans to lower its natural gas storage targets, defying US President Trump's demand for a $350 billion increase in purchases, citing high prices and projected industrial slowdown caused by US tariffs; seven EU countries spearheaded this effort.

EU Rejects Trump's $350 Billion Gas Demand, Lowers Storage Targets

The EU plans to lower its natural gas storage targets, defying US President Trump's demand for a $350 billion increase in purchases, citing high prices and projected industrial slowdown caused by US tariffs; seven EU countries spearheaded this effort.

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Affordable and Clean Energy

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What are the long-term implications of the EU's rejection of US trade demands on future EU energy policy and the US-EU energy relationship?

The EU's move signals a shift away from fulfilling US demands under pressure. The rejection of Trump's $350 billion request, exceeding current US daily production, indicates a prioritization of economic self-interest over fulfilling US trade demands. Future EU energy policy will likely emphasize diversification away from both US and Russian sources.

nos.nl

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Apr 9, 19:19

EU Imposes \$22 Billion in Retaliatory Tariffs on US Goods

The European Union is imposing up to 25% tariffs on \$22 billion worth of US goods, including soybeans, meat, and steel, in retaliation for US tariffs on European steel and aluminum; this phased approach prioritizes negotiation over escalation, but internal EU disagreements persist on the intensity ...

EU Imposes \$22 Billion in Retaliatory Tariffs on US Goods

The European Union is imposing up to 25% tariffs on \$22 billion worth of US goods, including soybeans, meat, and steel, in retaliation for US tariffs on European steel and aluminum; this phased approach prioritizes negotiation over escalation, but internal EU disagreements persist on the intensity ...

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How does the EU's approach to the trade war differ from China's, and what is the rationale behind the EU's phased implementation of tariffs?

The EU's response is notably less aggressive than China's, reflecting a strategy focused on negotiation rather than escalation. The EU's tariffs will be implemented in phases, with a second batch in May and further tariffs on products like almonds in December. This phased approach aims to encourage negotiations with the US.

english.elpais.com

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Apr 9, 19:19

Misuse of Economic Research in Justifying Trump's Tariffs

Researchers Pau S. Pujolas and Jack Rossbach's study on trade wars, cited by the White House to justify President Trump's tariffs, is being misinterpreted; Pujolas argues the model's parameters and the actual tariffs imposed differ significantly, potentially causing a global recession.

Misuse of Economic Research in Justifying Trump's Tariffs

Researchers Pau S. Pujolas and Jack Rossbach's study on trade wars, cited by the White House to justify President Trump's tariffs, is being misinterpreted; Pujolas argues the model's parameters and the actual tariffs imposed differ significantly, potentially causing a global recession.

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Reduced Inequality

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How does the model used in the research account for the trade deficit between countries and its potential influence on the outcome of a trade war?

Pujolas's research, using a supercomputer model and 2014 data, indicates that optimal tariffs could benefit a nation with a large trade deficit. The model suggests that, under specific conditions, tariffs could outweigh potential economic damage. However, the White House's application of this research differs significantly, as it applied tariffs beyond what Pujolas's model suggests as optimal.

kathimerini.gr

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Apr 9, 19:19

Meloni to Meet Trump Amidst EU Divisions Over US Tariffs

Italian Prime Minister Giorgia Meloni will meet with US President Donald Trump on April 17 in Washington, becoming the first European leader to meet Trump in the White House after the announcement of new US tariffs; this visit has caused friction with some EU members concerned about fractured negoti...

Meloni to Meet Trump Amidst EU Divisions Over US Tariffs

Italian Prime Minister Giorgia Meloni will meet with US President Donald Trump on April 17 in Washington, becoming the first European leader to meet Trump in the White House after the announcement of new US tariffs; this visit has caused friction with some EU members concerned about fractured negoti...

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Partnerships for the Goals

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What is the significance of Meloni's meeting with Trump, given the recent US tariff announcements?

Italian Prime Minister Giorgia Meloni will meet with US President Donald Trump in Washington on April 17. This meeting follows Meloni's attendance at Trump's inauguration, making her the only European leader present. The meeting is significant as it's Trump's first with a European leader since the announcement of new US tariffs.

dutchnews.nl

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Apr 9, 19:19

EU-US Trade War: AEX Index Drops 3%, Retaliatory Tariffs Announced

The escalating US-EU trade war, triggered by US tariffs on steel, resulted in a 3% drop in the AEX index on Wednesday, impacting companies like Besi, Philips, Shell, and ASM International; the EU responded with €22 billion in retaliatory tariffs on US goods, while global sea container bookings to th...

EU-US Trade War: AEX Index Drops 3%, Retaliatory Tariffs Announced

The escalating US-EU trade war, triggered by US tariffs on steel, resulted in a 3% drop in the AEX index on Wednesday, impacting companies like Besi, Philips, Shell, and ASM International; the EU responded with €22 billion in retaliatory tariffs on US goods, while global sea container bookings to th...

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What are the immediate economic impacts of the escalating US-EU trade war on European markets and specific companies?

The escalating US-EU trade war, marked by a 25% US tariff on steel and retaliatory EU tariffs on various US products (including tobacco, meat, cosmetics, and soy), caused a 3% drop in the AEX blue chip index by mid-afternoon on Wednesday. Besi, Philips, Shell, and ASM International suffered significant losses. The EU aims for negotiated solutions but proceeds with tariffs taking effect this week, with further rounds planned for May and December.

nbcnews.com

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Apr 9, 22:13

Senate Bill Seeks to Block Chinese Investments in U.S.

Three U.S. senators introduced the PROTECT Act on Wednesday, granting the Committee on Foreign Investment in the United States (CFIUS) more power to block Chinese investments in response to President Trump's new tariffs on China and following a White House request to strengthen CFIUS.

Senate Bill Seeks to Block Chinese Investments in U.S.

Three U.S. senators introduced the PROTECT Act on Wednesday, granting the Committee on Foreign Investment in the United States (CFIUS) more power to block Chinese investments in response to President Trump's new tariffs on China and following a White House request to strengthen CFIUS.

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What is the central aim of the PROTECT Act, and what immediate implications does it hold for U.S.-China economic relations?

Sens. Bernie Moreno (R-Ohio), Elissa Slotkin (D-Mich.), and Tim Sheehy (R-Mont.) introduced the PROTECT Act to grant the Committee on Foreign Investment in the United States (CFIUS) enhanced authority to block Chinese investments in the U.S., addressing concerns about national security. This follows a White House request for Congress to strengthen CFIUS's capabilities and coincides with new tariffs imposed by both the U.S. and China.

theglobeandmail.com

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Apr 9, 22:13

Global Trade War Triggers Sharp Market Volatility

This week's dramatic market swings reflect the escalating global trade war; the S&P 500 initially dropped over 10 percent before rebounding sharply after President Trump's decision to temporarily halt reciprocal tariffs, highlighting the unpredictable nature of market responses to trade policy.

Global Trade War Triggers Sharp Market Volatility

This week's dramatic market swings reflect the escalating global trade war; the S&P 500 initially dropped over 10 percent before rebounding sharply after President Trump's decision to temporarily halt reciprocal tariffs, highlighting the unpredictable nature of market responses to trade policy.

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What are the immediate economic consequences of the escalating trade war, and how are they affecting global financial markets?

The global trade war caused significant market volatility this week, with the S&P 500 index falling over 10 percent in three days before rebounding sharply following President Trump's decision to halt reciprocal tariffs. This highlights the unpredictable nature of market reactions to trade policy changes and underscores the interconnectedness of global financial markets.

Showing 1,849 to 1,860 of 3,850 results