Tag #Trade War

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lexpress.fr

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Apr 6, 22:10

Trump's Global Tariffs Trigger Market Crash

President Trump imposed a 10% tariff on all US imports, increasing to 20% for the EU and 34% for China, causing a global market downturn and prompting over 50 countries to seek tariff reductions; however, the US government insists that these tariffs will remain in place for the foreseeable future.

Trump's Global Tariffs Trigger Market Crash

President Trump imposed a 10% tariff on all US imports, increasing to 20% for the EU and 34% for China, causing a global market downturn and prompting over 50 countries to seek tariff reductions; however, the US government insists that these tariffs will remain in place for the foreseeable future.

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What are the immediate economic consequences of the newly imposed US tariffs on imported goods?

The Trump administration imposed a 10% tariff on all imported goods, rising to 20% for the EU and 34% for China. Over 50 countries have approached the US government to negotiate tariff reductions, but the US Commerce Secretary warned that these tariffs are not immediately negotiable and may last for months. This has led to a significant global market downturn, with the Dow Jones US Total Stock Market losing over $6 trillion in two days.

cbsnews.com

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Apr 6, 22:10

Trump's Tariffs Take Effect Amidst Market Turmoil

Commerce Secretary Howard Lutnick confirmed that President Trump's 10% tariffs on all imports, along with increased levies on dozens of countries, will take effect this week, despite sparking the worst week for financial markets since the COVID-19 pandemic and triggering recession fears.

Trump's Tariffs Take Effect Amidst Market Turmoil

Commerce Secretary Howard Lutnick confirmed that President Trump's 10% tariffs on all imports, along with increased levies on dozens of countries, will take effect this week, despite sparking the worst week for financial markets since the COVID-19 pandemic and triggering recession fears.

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What are the immediate economic consequences of President Trump's newly implemented tariffs?

President Trump's 10% tariffs on imports from all countries, along with increased levies on dozens of countries, will take effect this week, according to Commerce Secretary Howard Lutnick. This follows the president's announcement last week, which triggered the worst week for financial markets since the COVID-19 pandemic began. Lutnick defended the tariffs as necessary to protect American factories and national security.

china.org.cn

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Apr 6, 07:13

China Condemns U.S. Tariff Practices, Vows Continued Global Trade Engagement

China strongly condemned the U.S.'s use of tariffs on Saturday, stating that it violates WTO rules, harms the global economic order, and prioritizes American interests over global cooperation. China pledged to continue opening its market and advocating for multilateralism.

China Condemns U.S. Tariff Practices, Vows Continued Global Trade Engagement

China strongly condemned the U.S.'s use of tariffs on Saturday, stating that it violates WTO rules, harms the global economic order, and prioritizes American interests over global cooperation. China pledged to continue opening its market and advocating for multilateralism.

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How does China characterize the U.S.'s use of tariffs, and what are the underlying economic and political motivations?

China argues that the U.S.'s tariff actions are unilateral, protectionist, and violate fundamental economic principles. They frame this as a zero-sum game prioritizing "America First," harming global cooperation and the multilateral trading system.

arabic.cnn.com

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Apr 6, 13:18

Trump's Simplified Tariff Calculation Ignites Global Trade Tensions

President Trump imposed substantial tariffs on various countries, claiming they were reciprocal to existing tariffs; however, the calculation used to determine the tariff rates was a simplified formula that did not reflect the actual tariff rates imposed by those countries, leading to potential glob...

Trump's Simplified Tariff Calculation Ignites Global Trade Tensions

President Trump imposed substantial tariffs on various countries, claiming they were reciprocal to existing tariffs; however, the calculation used to determine the tariff rates was a simplified formula that did not reflect the actual tariff rates imposed by those countries, leading to potential glob...

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What is the methodology behind President Trump's newly announced tariffs, and what are its immediate implications for US trade partners?

President Trump announced significant tariffs on numerous trading partners, claiming reciprocity to match tariffs imposed on the US. However, the administration's calculation for trade balance disregarded actual foreign tariff rates, instead using a simplified formula dividing a country's trade deficit with the US by its exports to the US, multiplied by half.

repubblica.it

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Apr 6, 13:18

Trump Tariffs Trigger Market Volatility, 40% Recession Risk Predicted

Trump's tariffs are causing significant market volatility, with a 40% recession risk predicted within a year. Financial experts advise diversification, suggesting cautious stock market entry for uninvested individuals and emphasizing less tariff-exposed sectors like utilities and pharmaceuticals.

Trump Tariffs Trigger Market Volatility, 40% Recession Risk Predicted

Trump's tariffs are causing significant market volatility, with a 40% recession risk predicted within a year. Financial experts advise diversification, suggesting cautious stock market entry for uninvested individuals and emphasizing less tariff-exposed sectors like utilities and pharmaceuticals.

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What are the immediate economic impacts of Trump's tariffs on global markets and what actions should individual investors take to protect their portfolios?

Trump's tariffs are significantly impacting global markets, causing a 40% recession risk within the next year and impacting inflation and growth in the US. Financial experts advise diversification to mitigate risk, suggesting cautious accumulation of assets for those not already invested in the stock market.

theguardian.com

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Apr 6, 16:10

US Tariffs Threaten 25,000 UK Auto Jobs

President Trump's 25% import tax on cars and car parts coming into the US threatens 25,000 UK jobs, with Jaguar Land Rover pausing US shipments; the West Midlands, responsible for 51% of all auto exports to the US in 2023, faces the brunt of the economic impact, losing £6.2bn in GDP.

US Tariffs Threaten 25,000 UK Auto Jobs

President Trump's 25% import tax on cars and car parts coming into the US threatens 25,000 UK jobs, with Jaguar Land Rover pausing US shipments; the West Midlands, responsible for 51% of all auto exports to the US in 2023, faces the brunt of the economic impact, losing £6.2bn in GDP.

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What is the immediate impact of the new US tariffs on the UK automotive industry, specifically concerning employment and production?

The 25% import tax on cars and parts imposed by the US on UK goods threatens 25,000 UK jobs, according to the Institute for Public Policy Research. Jaguar Land Rover (JLR), a major UK carmaker, has paused US shipments to assess the impact of these new tariffs. This pause affects approximately 100,000 vehicles JLR sold in the US last year.

taz.de

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Apr 6, 22:10

Trump's Tariffs Spark US-China Trade War, Triggering Global Economic Uncertainty

On Wednesday, Donald Trump imposed high tariffs on imports from 180 countries, including a 54% tariff on Chinese goods, prompting China to retaliate with counter-tariffs and export restrictions on rare earth minerals, potentially causing significant inflation and supply chain disruptions.

Trump's Tariffs Spark US-China Trade War, Triggering Global Economic Uncertainty

On Wednesday, Donald Trump imposed high tariffs on imports from 180 countries, including a 54% tariff on Chinese goods, prompting China to retaliate with counter-tariffs and export restrictions on rare earth minerals, potentially causing significant inflation and supply chain disruptions.

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What are the immediate economic consequences of Trump's new tariffs on US consumers and global markets?

Donald Trump announced high tariffs on imports from 180 countries, significantly impacting China with a 54% total tariff increase. This will likely cause substantial inflation in the US as companies pass on the costs to consumers, affecting everyday goods.

bbc.com

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Apr 6, 07:12

UK to Utilize Industrial Policy in Response to US Tariffs

Facing new US tariffs ranging from 10% to 25% on various goods, including cars, steel, and aluminum, the UK government announced plans to implement industrial policy and explore retaliatory tariffs on US goods to protect British businesses, while also seeking alternative trade deals.

UK to Utilize Industrial Policy in Response to US Tariffs

Facing new US tariffs ranging from 10% to 25% on various goods, including cars, steel, and aluminum, the UK government announced plans to implement industrial policy and explore retaliatory tariffs on US goods to protect British businesses, while also seeking alternative trade deals.

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How does the UK's planned response to the US tariffs represent a shift in its economic policy approach?

The UK's response to the US tariffs reveals a shift toward greater state intervention in the economy, a departure from past sentiments. While exploring bilateral trade deals, the government is preparing a list of US goods for potential retaliatory tariffs, covering 27% of US imports into the UK to minimize domestic economic impact. This reflects a strategic balancing act between cooperation and protectionism.

elpais.com

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Apr 6, 10:09

Mexico Navigates Trump's Trade War: Partial Victory, Persistent Challenges

Amidst a global trade war sparked by Donald Trump's tariff announcements, Mexico secured an exemption from additional tariffs on USMCA goods, showcasing the success of its proactive diplomatic strategy; however, new tariffs on other exports remain a concern.

Mexico Navigates Trump's Trade War: Partial Victory, Persistent Challenges

Amidst a global trade war sparked by Donald Trump's tariff announcements, Mexico secured an exemption from additional tariffs on USMCA goods, showcasing the success of its proactive diplomatic strategy; however, new tariffs on other exports remain a concern.

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How did Mexico's proactive approach to the US-China trade war affect its domestic policies and economic outlook?

Mexico's strategy of appeasing President Trump has resulted in Mexico being exempt from tariffs on goods under the USMCA trade agreement. This preferential treatment, achieved through proactive engagement and concessions, contrasts with the higher tariffs imposed on other countries like China and the European Union. The success stems from months of diplomatic efforts, highlighting the impact of strategic negotiation in navigating global trade disputes.

mk.ru

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Apr 6, 13:18

Cruz Warns Trump Tariffs Could Trigger 2026 Republican 'Bloodbath'

Senator Ted Cruz warned that President Trump's tariffs risk causing a recession and harming the Republican party in the 2026 midterms, while a bipartisan bill seeks to give Congress more control over tariffs amid a $5.4 trillion stock market drop and concerning election results.

Cruz Warns Trump Tariffs Could Trigger 2026 Republican 'Bloodbath'

Senator Ted Cruz warned that President Trump's tariffs risk causing a recession and harming the Republican party in the 2026 midterms, while a bipartisan bill seeks to give Congress more control over tariffs amid a $5.4 trillion stock market drop and concerning election results.

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How are Republican lawmakers responding to the economic consequences of President Trump's tariffs?

Cruz's concerns stem from the potential for a full-scale trade war if Trump's tariffs remain and other countries retaliate, impacting the US economy negatively. Recent election results, including a loss for a Wisconsin Supreme Court candidate backed by Elon Musk, show voters' negative reaction to the tariff policy. A $5.4 trillion drop in the stock market further highlights the economic impact.

zeit.de

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Apr 6, 16:10

UK to Use Industrial Policy to Counter New US Tariffs

The UK government is considering using industrial policy, including deregulation and tax breaks, to protect British businesses from new US tariffs; other countries, including Italy, Taiwan, Indonesia, and India, are adopting varied responses such as negotiations and diplomatic efforts.

UK to Use Industrial Policy to Counter New US Tariffs

The UK government is considering using industrial policy, including deregulation and tax breaks, to protect British businesses from new US tariffs; other countries, including Italy, Taiwan, Indonesia, and India, are adopting varied responses such as negotiations and diplomatic efforts.

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What immediate actions is the UK government taking to mitigate the negative economic consequences of the new US tariffs?

The UK government is considering interventions to shield British businesses from the impact of new US tariffs. Prime Minister Keir Starmer announced plans to utilize industrial policy for economic protection, exploring options such as deregulation and tax breaks for affected sectors. This follows announcements from other countries outlining their responses to the tariffs.

cnnespanol.cnn.com

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Apr 6, 22:10

Trump's Tariffs: Market Volatility and Contrasting Economic Analyses

Amidst growing global recession fears and market declines, U.S. Treasury Secretary Scott Bessent downplayed concerns over Trump's tariff policies, citing record market volume on Friday, while Goldman Sachs analysts warned that Trump's fiscal policies could not offset the damage caused by his tariff ...

Trump's Tariffs: Market Volatility and Contrasting Economic Analyses

Amidst growing global recession fears and market declines, U.S. Treasury Secretary Scott Bessent downplayed concerns over Trump's tariff policies, citing record market volume on Friday, while Goldman Sachs analysts warned that Trump's fiscal policies could not offset the damage caused by his tariff ...

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What are the immediate economic consequences of Trump's tariff policies, and how significant are the differing expert opinions on their impact?

U.S. Treasury Secretary Scott Bessent downplayed market losses stemming from Trump's tariff policies, citing record market volume on Friday and describing markets as "organic animals". Economists, however, have expressed concerns about the economic impacts of these tariffs, with Goldman Sachs analysts suggesting that Trump's fiscal policies couldn't offset the tariff plan's damage.

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