Tag #Trade War

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cbsnews.com
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Trump Tariffs: \$2.8 Trillion Deficit Cut, but Economic Contraction Predicted

The Congressional Budget Office projects President Trump's tariff plan will cut the deficit by \$2.8 trillion over 10 years but also shrink the U.S. economy, increase inflation by 0.4 percent annually in 2025-26, and reduce household purchasing power, based on the assumption that the tariffs will re...

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theglobeandmail.com
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China Criticizes Canada's EV Tariffs, Warns Against U.S. Alignment

China's ambassador to Canada criticized Canada's 100 percent tariffs on Chinese electric vehicles, impacting investment and creating a trade war involving retaliatory tariffs on Canadian goods like canola oil and peas; he also warned against Canada's alignment with the U.S. against China, calling it...

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nbcnews.com
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U.S. Economy Contracts Amidst Tariff Uncertainty

A Federal Reserve report reveals a slight U.S. economic contraction over the past six weeks due to slowed hiring and tariff-related price increases, impacting consumer and business decisions; inflation is rising moderately but is expected to accelerate, with tariffs mentioned 122 times in the report...

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china.org.cn
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Mixed U.S. Stock Market Reaction to Weak Hiring Data and Trade Tensions

U.S. stocks closed mixed on Wednesday, with the Dow down 0.22 percent, the S&P 500 slightly up, and the Nasdaq up 0.32 percent, due to weak May hiring data (37,000 jobs added), contraction in the service sector, and increased U.S.-China trade tensions following a tariff hike.

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us.cnn.com
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Trump Tariffs Trigger Economic Uncertainty and Price Hikes

President Trump's tariffs are significantly impacting the US economy, causing businesses to raise prices, reduce hiring, and face uncertainty, while consumer buying frenzies driven by tariff fears show signs of slowing.

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abcnews.go.com
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Ford Responds to Trump Tariffs with Reshoring Plan

Ontario Premier Doug Ford is responding to President Trump's 25% tariffs on Canadian steel and aluminum by planning to reshore manufacturing, warning that this could cost American consumers \$15 billion and lead to job losses in the U.S., while also potentially harming Canadian businesses.

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french.china.org.cn
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US Doubles Steel and Aluminum Tariffs, EU to Retaliate

The United States doubled tariffs on steel and aluminum imports from 25% to 50%, effective June 4th, prompting the European Union to announce retaliatory measures, escalating trade tensions and potentially harming European steel producers already facing weak demand.

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africa.chinadaily.com.cn
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US Tariffs Cause Global Trade Uncertainty

The Trump administration's tariffs, averaging 51 percent on Chinese imports, are causing global trade uncertainty and harming the international trading order; retaliatory tariffs are rising, and the WTO projects a 0.2 percent decline in global trade by 2025.

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edition.cnn.com
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Trump's Tariffs Squeeze US Businesses, Consumers

President Trump's tariffs are significantly impacting the US economy, causing uncertainty among businesses and consumers, affecting hiring, prices, and sales across various sectors, with an initial buying spree now showing signs of slowing.

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dw.com
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Merz-Trump Meeting: Tariffs and the Future of Transatlantic Relations

German Chancellor Friedrich Merz will meet with US President Donald Trump to discuss tariffs, which German newspapers criticize as counterproductive and harmful to American consumers, while advocating for a confident and equal European response.

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edition.cnn.com
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Imminent Trump-Xi Call to Address Escalating US-China Trade War

An imminent phone call between President Trump and China's Xi Jinping aims to resolve the escalating US-China trade war, marked by disagreements over tariffs, critical minerals, and negotiation styles, with the potential to significantly impact global economics.

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usa.chinadaily.com.cn
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US Tariffs Disrupt Global Trade, Raising Concerns About WTO's Future

The Trump administration's tariffs on various goods, including those from China, have significantly impacted global trade, with the EU preparing retaliatory tariffs and concerns raised about the future of the WTO; however, recent US-China trade deal slightly reduced tariffs but uncertainty persists.

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Showing 193 to 204 of 3,208 results