Tag #Trade War

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dailymail.co.uk

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Mar 31, 01:11

Weakening Consumer Spending Triggers Economic Concerns in the US

Lululemon CEO warns of decreased consumer spending due to inflation and economic uncertainty, impacting various U.S. businesses; consumer confidence plummets, credit card spending falls, and experts predict economic slowdown.

Weakening Consumer Spending Triggers Economic Concerns in the US

Lululemon CEO warns of decreased consumer spending due to inflation and economic uncertainty, impacting various U.S. businesses; consumer confidence plummets, credit card spending falls, and experts predict economic slowdown.

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What is the immediate impact of decreased consumer spending on the U.S. economy, and what specific sectors are most affected?

Lululemon CEO Calvin McDonald reported a decline in consumer spending, citing increased concerns about inflation and the economy. This resulted in slower traffic across the U.S. industry and a 15 percent drop in Lululemon's stock price on Thursday. This trend is consistent with recent data showing a 0.2 percent decrease in consumer spending in January.

it.euronews.com

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Mar 31, 13:15

ECB Prepares for Economic Uncertainty Amidst Potential US Tariff War

The European Central Bank is preparing for potential economic uncertainty due to new US tariffs on European goods, potentially reducing the Eurozone GDP by 0.5 percentage points and increasing inflation in the first year. The EU may retaliate by targeting US services.

ECB Prepares for Economic Uncertainty Amidst Potential US Tariff War

The European Central Bank is preparing for potential economic uncertainty due to new US tariffs on European goods, potentially reducing the Eurozone GDP by 0.5 percentage points and increasing inflation in the first year. The EU may retaliate by targeting US services.

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How might the EU respond to US tariffs, and what are the potential consequences of an escalation beyond goods?

This situation presents a policy dilemma for the ECB: supporting growth by easing monetary policy or countering potential inflationary pressures from the tariffs. Economists at Goldman Sachs suggest that if long-term inflation expectations remain anchored, the optimal strategy would be to lower interest rates despite the initial inflation spike. However, if inflation expectations rise significantly, a more restrictive monetary policy may be necessary.

abcnews.go.com

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Mar 31, 13:16

Asian Markets Tumble Amid Inflation and Trade War Fears

Asian markets plummeted on Monday, echoing Wall Street's sharp decline amid fears of rising inflation, decreased consumer spending due to trade tensions, and a potential economic slowdown; the Nikkei 225 fell 4.1%, while other Asian indices suffered similar losses; a Myanmar earthquake also impacted...

Asian Markets Tumble Amid Inflation and Trade War Fears

Asian markets plummeted on Monday, echoing Wall Street's sharp decline amid fears of rising inflation, decreased consumer spending due to trade tensions, and a potential economic slowdown; the Nikkei 225 fell 4.1%, while other Asian indices suffered similar losses; a Myanmar earthquake also impacted...

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How did the earthquake in Myanmar affect the Thai stock market and what does this indicate about the interconnectedness of global markets?

The widespread market downturn is fueled by concerns over a confluence of negative economic factors. Rising inflation coupled with decreased consumer spending due to trade war anxieties and increased pessimism about future finances are impacting investor confidence. This is evident in the significant drops across major Asian and US indices and the falling prices of consumer discretionary stocks like Lululemon and Domino's.

azatutyun.am

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Mar 31, 16:15

Trump Criticizes Putin, Threatens Tariffs Over Ukraine Ceasefire

Following weeks of negotiations, US President Donald Trump criticized Russian President Putin's proposal for a foreign-controlled Ukrainian government, threatening 50% tariffs on Russian oil if a ceasefire isn't reached within a month and raising concerns about a resource agreement with Ukraine.

Trump Criticizes Putin, Threatens Tariffs Over Ukraine Ceasefire

Following weeks of negotiations, US President Donald Trump criticized Russian President Putin's proposal for a foreign-controlled Ukrainian government, threatening 50% tariffs on Russian oil if a ceasefire isn't reached within a month and raising concerns about a resource agreement with Ukraine.

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What immediate actions did President Trump take in response to President Putin's proposal for a foreign-controlled transitional government in Ukraine?

After weeks of negotiations with Russia over a ceasefire in Ukraine, US President Donald Trump publicly criticized President Putin for the first time. Trump expressed anger over Putin's statement that Ukraine needs a foreign-controlled transitional government, warning that this would necessitate renegotiations and delay any deal. He threatened 50% tariffs on Russian oil if a ceasefire isn't agreed upon within a month.

abcnews.go.com

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Mar 31, 19:15

Huawei's Revenue Soars Despite Profit Drop Amidst US Sanctions

In 2024, Huawei's net profit fell 28% to $8.6 billion, while revenue jumped 22% to $118.2 billion due to increased investment in R&D and strong sales growth in consumer goods and automotive sectors; this occurred despite US trade restrictions limiting access to American technology.

Huawei's Revenue Soars Despite Profit Drop Amidst US Sanctions

In 2024, Huawei's net profit fell 28% to $8.6 billion, while revenue jumped 22% to $118.2 billion due to increased investment in R&D and strong sales growth in consumer goods and automotive sectors; this occurred despite US trade restrictions limiting access to American technology.

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Industry, Innovation, and Infrastructure

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What is the significance of Huawei's 22% revenue increase despite a 28% profit decline, and what does this indicate about the company's strategic priorities?

Despite a 28% drop in net profit to $8.6 billion, Huawei's revenue surged 22% to $118.2 billion in 2024, driven by strong growth in consumer goods and automotive sales. This is largely attributed to increased investment in R&D, exceeding $25 billion, and the absence of gains from asset sales.

cnn.com

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Mar 31, 22:16

Trump's Tariffs: \$6 Trillion Revenue Projection Disputed

The Trump administration plans to impose tariffs on imported goods, aiming for \$6 trillion in revenue over a decade, a figure disputed by economists who believe American consumers will bear the cost through higher prices.

Trump's Tariffs: \$6 Trillion Revenue Projection Disputed

The Trump administration plans to impose tariffs on imported goods, aiming for \$6 trillion in revenue over a decade, a figure disputed by economists who believe American consumers will bear the cost through higher prices.

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What are the immediate economic impacts of the proposed tariffs on American consumers and businesses?

President Trump's administration plans to impose tariffs on imported goods, potentially generating \$6 trillion in revenue over the next decade. This is projected to be the largest tax increase in US history, surpassing even the World War II tax increase when adjusted for inflation. However, this claim is disputed by economists.

de.euronews.com

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Mar 31, 13:15

Trump Announces New Tariffs, Sparking Global Market Uncertainty

US President Donald Trump announced new tariffs on the auto industry and other sectors, set to take effect next Wednesday, sparking global market uncertainty and concerns about potential stagflation and retaliatory measures from trading partners such as the EU (€26 billion in retaliatory tariffs).

Trump Announces New Tariffs, Sparking Global Market Uncertainty

US President Donald Trump announced new tariffs on the auto industry and other sectors, set to take effect next Wednesday, sparking global market uncertainty and concerns about potential stagflation and retaliatory measures from trading partners such as the EU (€26 billion in retaliatory tariffs).

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What are the immediate economic consequences of President Trump's announcement of new tariffs?

US President Donald Trump confirmed that new tariffs on the auto industry and other sectors are coming next Wednesday, describing it as a "day of liberation" for the US from foreign goods. He stated that the US will make countries pay for doing business there and taking jobs and prosperity. Global markets are already rattled by recent tariff actions, with investors withdrawing from risky assets.

nbcnews.com

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Mar 31, 13:16

Asian Markets Tumble on U.S. Tariff Fears

Concerns over broad U.S. tariffs caused Asian share markets to tumble on Monday, with MSCI's broadest index of Asia-Pacific shares outside Japan falling nearly 2% and emerging Asian markets dropping 2% to their lowest point since early March; South Korea's KOSPI dropped 3%, while Taiwan's benchmark ...

Asian Markets Tumble on U.S. Tariff Fears

Concerns over broad U.S. tariffs caused Asian share markets to tumble on Monday, with MSCI's broadest index of Asia-Pacific shares outside Japan falling nearly 2% and emerging Asian markets dropping 2% to their lowest point since early March; South Korea's KOSPI dropped 3%, while Taiwan's benchmark ...

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What are the potential long-term consequences of the U.S. tariff policy on Asian economies and their currency values?

The current market volatility highlights the systemic risk posed by escalating trade tensions. While some Southeast Asian currencies showed slight gains against the dollar on Monday, analysts predict a broader depreciation of Asian currencies against the dollar in the second quarter of 2024. Countries with higher exposure to U.S. tariffs are likely to experience more significant currency weakening.

us.cnn.com

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Mar 31, 16:14

Goldman Sachs Raises US Recession Probability to 35% Amidst Rising Tariffs

Goldman Sachs increased its US recession probability to 35% within the next 12 months, primarily due to President Trump's escalating tariffs that threaten to stunt growth, raise inflation, and increase unemployment, significantly impacting consumer and business confidence.

Goldman Sachs Raises US Recession Probability to 35% Amidst Rising Tariffs

Goldman Sachs increased its US recession probability to 35% within the next 12 months, primarily due to President Trump's escalating tariffs that threaten to stunt growth, raise inflation, and increase unemployment, significantly impacting consumer and business confidence.

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What is the immediate impact of Goldman Sachs's increased recession probability forecast on the US economy?

Goldman Sachs raised its US recession probability to 35% due to surging tariffs, impacting consumer confidence and potentially leading to higher unemployment and inflation. The bank also increased its inflation estimate and lowered its 2025 GDP forecast to 1%.

euronews.com

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Mar 31, 19:14

European Tech Firms Flock to US Stock Exchanges Amid Capital Market Concerns

Swedish Prime Minister Ulf Kristersson highlights Europe's need to strengthen its capital markets to retain tech companies, noting that several Swedish tech firms, including Klarna and Spotify, have opted for US IPOs due to the larger investor base, deeper capital pool, and more welcoming regulation...

European Tech Firms Flock to US Stock Exchanges Amid Capital Market Concerns

Swedish Prime Minister Ulf Kristersson highlights Europe's need to strengthen its capital markets to retain tech companies, noting that several Swedish tech firms, including Klarna and Spotify, have opted for US IPOs due to the larger investor base, deeper capital pool, and more welcoming regulation...

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How might the EU's capital market union plan mitigate the loss of tech companies listing in the US?

The trend of European companies listing on US exchanges is driven by several factors: the US offers significantly more capital, more welcoming regulations for tech companies, and better access to talent. In contrast, Europe faces regulatory hurdles, high severance costs, and complex rules regarding data and AI.

cbsnews.com

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Mar 31, 19:15

Tariffs Trigger Wall Street Plunge Amidst Inflation Fears

Wall Street plunged on Monday due to President Trump's upcoming announcement of new tariffs on April 2nd, impacting consumer confidence which slumped to a 12-year low, as investors fear a toxic mix of worsening inflation and a slowing U.S. economy, with the Dow Jones Industrial Average falling 403 p...

Tariffs Trigger Wall Street Plunge Amidst Inflation Fears

Wall Street plunged on Monday due to President Trump's upcoming announcement of new tariffs on April 2nd, impacting consumer confidence which slumped to a 12-year low, as investors fear a toxic mix of worsening inflation and a slowing U.S. economy, with the Dow Jones Industrial Average falling 403 p...

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What is the immediate market impact of the anticipated new tariffs, and how does it reflect broader economic concerns?

Wall Street experienced a significant downturn on Monday, primarily driven by President Trump's impending announcement of new tariffs. The Dow Jones Industrial Average fell by 403 points (approximately 1%), the S&P 500 dropped 1.6%, and the Nasdaq composite index declined by 2.5%. This follows a broader sell-off, placing the S&P 500 on track for its worst quarter in three years.

dw.com

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Mar 31, 22:17

Maryland Soybean Farmers Divided on Trump's Tariffs Amidst Export Decline

Maryland soybean farmers express mixed reactions to President Trump's tariffs, with some supporting the protectionist measures while others fear the resulting market volatility and decreased exports to China, which have fallen from $24 billion in 2014 to under $10 billion in 2019, according to the U...

Maryland Soybean Farmers Divided on Trump's Tariffs Amidst Export Decline

Maryland soybean farmers express mixed reactions to President Trump's tariffs, with some supporting the protectionist measures while others fear the resulting market volatility and decreased exports to China, which have fallen from $24 billion in 2014 to under $10 billion in 2019, according to the U...

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What are the immediate economic impacts of President Trump's tariffs on soybean farmers in Maryland?

Farmers in Maryland are concerned about the impact of President Trump's tariffs on their livelihoods. Some, like Richard Wilkins, support Trump's protectionist measures, believing they will ultimately benefit the agricultural sector. Others, such as Josh Messick, express fear about market volatility and uncertainty caused by the trade disputes.

Showing 1,897 to 1,908 of 3,393 results