Tag #Trade War

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nos.nl

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Mar 12, 22:14

US Steel Tariffs Spark EU Retaliation, Threatening Trade War

The US imposed 25% tariffs on imported steel and aluminum, prompting the EU to retaliate with tariffs on $8 billion worth of US goods, including jeans, whiskey, and motorcycles, starting April 1st; the EU is considering further tariffs up to another $18 billion worth of goods; while the immediate im...

US Steel Tariffs Spark EU Retaliation, Threatening Trade War

The US imposed 25% tariffs on imported steel and aluminum, prompting the EU to retaliate with tariffs on $8 billion worth of US goods, including jeans, whiskey, and motorcycles, starting April 1st; the EU is considering further tariffs up to another $18 billion worth of goods; while the immediate im...

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What are the EU's strategic motivations behind its retaliatory tariffs, and what specific products are targeted?

The trade war escalation follows a pattern of escalating tariffs between the US and other countries. The EU's response, targeting luxury goods to minimize consumer impact, reflects a strategic approach to counter US actions. The 26 billion euros of European goods affected, along with the potential for further escalation, highlights the significant economic risks involved.

welt.de

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Mar 12, 16:13

EU Imposes Retaliatory Tariffs on US Goods, Raising Prices for German Consumers

The European Union is imposing retaliatory tariffs on various US imports, including whiskey, peanut butter, and orange juice, starting in April, potentially increasing prices for German consumers due to the EU's response to US tariffs on steel and aluminum.

EU Imposes Retaliatory Tariffs on US Goods, Raising Prices for German Consumers

The European Union is imposing retaliatory tariffs on various US imports, including whiskey, peanut butter, and orange juice, starting in April, potentially increasing prices for German consumers due to the EU's response to US tariffs on steel and aluminum.

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Responsible Consumption and Production

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How did previous retaliatory tariffs on US products by the EU impact trade between the two regions?

The EU's new tariffs are a direct response to US tariffs on steel and aluminum, highlighting an escalating trade war. This action will likely impact consumer spending in Germany and potentially decrease demand for affected US goods. The EU's previous retaliatory tariffs on US whiskey, implemented during Trump's presidency, resulted in a 20% decrease in exports to the EU between 2018 and 2021.

nbcnews.com

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Mar 12, 22:14

Trump's Aluminum Tariffs Hit Small Breweries Hard

President Trump's 25% tariffs on aluminum are significantly impacting Right Proper Brewing, a Washington, D.C. craft brewery, increasing their costs by over \$40,000 annually and potentially hindering their ability to hire or expand due to increased aluminum can prices from Canadian suppliers.

Trump's Aluminum Tariffs Hit Small Breweries Hard

President Trump's 25% tariffs on aluminum are significantly impacting Right Proper Brewing, a Washington, D.C. craft brewery, increasing their costs by over \$40,000 annually and potentially hindering their ability to hire or expand due to increased aluminum can prices from Canadian suppliers.

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What are the differences in how large and small breweries are affected by these tariffs, and why?

Right Proper Brewing faces over \$40,000 in increased annual costs due to the tariffs—the equivalent of one employee's salary. This is because their aluminum can supplier sources material from Canada, making them directly vulnerable to the tariffs. Larger breweries, like Molson Coors, can source domestically, avoiding this impact.

dw.com

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Mar 11, 16:09

US Stocks Plunge on Trump's Trade Policies Amid Recession Fears

US stocks plunged on Monday following President Trump's downplaying of his tariff threats, with the Dow dropping almost 900 points and the 'Magnificent Seven' tech stocks entering bear market territory, amid concerns over a potential recession and government shutdown.

US Stocks Plunge on Trump's Trade Policies Amid Recession Fears

US stocks plunged on Monday following President Trump's downplaying of his tariff threats, with the Dow dropping almost 900 points and the 'Magnificent Seven' tech stocks entering bear market territory, amid concerns over a potential recession and government shutdown.

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How are concerns about potential recession and government shutdowns contributing to the current market downturn?

President Trump's protectionist trade policies are significantly impacting the US economy, causing market uncertainty and potentially slowing growth. The combined wealth of five billionaires has been slashed by $209 billion since January 20, highlighting the scale of the market downturn. This negative market sentiment is fueled by concerns over potential recession and increased trade complexity.

dailymail.co.uk

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Mar 11, 19:16

Trump's Steel Tariffs Hit UK Amidst Global Trade Tensions

The United States will impose 25 percent tariffs on British steel and aluminum imports starting tomorrow, prompting concerns about a global trade war and potential damage to the UK economy; the UK government will not retaliate immediately.

Trump's Steel Tariffs Hit UK Amidst Global Trade Tensions

The United States will impose 25 percent tariffs on British steel and aluminum imports starting tomorrow, prompting concerns about a global trade war and potential damage to the UK economy; the UK government will not retaliate immediately.

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How do President Trump's actions fit into a broader pattern of global trade policy?

President Trump's tariffs are part of a broader pattern of escalating trade tensions, impacting Canada, Mexico, China, and threatening the EU. His actions are driven by concerns about trade imbalances, specifically mentioning VAT as a problematic tax. This escalation risks triggering a global trade war.

news.sky.com

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Mar 11, 19:16

Trump's Tariffs Trigger Stock Market Plunge

Donald Trump's threat to double tariffs on Canadian steel and aluminum to 50% has caused significant stock market losses, with the S&P 500 down 1.08%, while Canada's incoming prime minister vows retaliation.

Trump's Tariffs Trigger Stock Market Plunge

Donald Trump's threat to double tariffs on Canadian steel and aluminum to 50% has caused significant stock market losses, with the S&P 500 down 1.08%, while Canada's incoming prime minister vows retaliation.

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How do the White House and Canada justify their respective positions on tariffs?

The White House defends the tariffs, claiming they benefit American industries and are a response to unfair Canadian trade practices. However, Canada's incoming prime minister, Mark Carney, vows to retaliate and maintain tariffs until the US shows respect and commits to free trade. This reciprocal escalation risks further economic damage.

abcnews.go.com

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Mar 12, 22:14

Trump Threatens Russia, Attacks Democrats, Defends Tariff Policies

President Trump threatened Russia with unspecified financial consequences for failing to agree to a Ukraine ceasefire, criticized Ukraine's negotiating stance, attacked Ireland's economic ties to the U.S., and launched personal attacks against Democrats, including anti-Semitic remarks against Senato...

Trump Threatens Russia, Attacks Democrats, Defends Tariff Policies

President Trump threatened Russia with unspecified financial consequences for failing to agree to a Ukraine ceasefire, criticized Ukraine's negotiating stance, attacked Ireland's economic ties to the U.S., and launched personal attacks against Democrats, including anti-Semitic remarks against Senato...

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Peace, Justice, and Strong Institutions

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What are the potential long-term consequences of President Trump's inconsistent trade policies and inflammatory rhetoric?

Trump's actions may escalate tensions with Russia and further complicate international relations, while his domestic attacks could deepen political polarization and damage international relationships. The long-term effects of his trade policies remain uncertain, but his unpredictable approach risks further market instability. His use of anti-Semitic remarks may have significant repercussions domestically and internationally.

dailymail.co.uk

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Mar 12, 22:14

4imprint Shares Slump 11.8% on US Tariff Concerns

4imprint Group shares fell 11.8 percent to £42.25 on Wednesday after the promotional products company warned that US tariffs could hurt sales in 2025, despite a 3 percent increase in 2024 turnover to $1.37 billion and a 10 percent rise in pre-tax profits to £154.4 million.

4imprint Shares Slump 11.8% on US Tariff Concerns

4imprint Group shares fell 11.8 percent to £42.25 on Wednesday after the promotional products company warned that US tariffs could hurt sales in 2025, despite a 3 percent increase in 2024 turnover to $1.37 billion and a 10 percent rise in pre-tax profits to £154.4 million.

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What is the immediate impact of US tariffs and global trade uncertainty on 4imprint Group's share price and near-term outlook?

4imprint Group, a promotional products firm, experienced an 11.8 percent share price drop to £42.25 on Wednesday. This followed a warning that US tariffs could negatively impact sales in 2025. The chairman attributed the decline to continued uncertainty and slightly lower order intake in the first two months of the year compared to 2024.

spanish.china.org.cn

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Mar 11, 10:18

Carney Vows Retaliation Against Trump's Tariffs and Annexation Attempts

Following his election victory, Canadian Prime Minister-elect Mark Carney declared that he will maintain retaliatory tariffs against the US in response to President Trump's tariffs and repeated suggestions of annexing Canada; these tariffs on US goods, initially valued at C$30 billion, will rise to ...

Carney Vows Retaliation Against Trump's Tariffs and Annexation Attempts

Following his election victory, Canadian Prime Minister-elect Mark Carney declared that he will maintain retaliatory tariffs against the US in response to President Trump's tariffs and repeated suggestions of annexing Canada; these tariffs on US goods, initially valued at C$30 billion, will rise to ...

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What are the immediate economic consequences of the escalating trade dispute between Canada and the US?

Mark Carney, newly elected Canadian Prime Minister, vows to retaliate against US tariffs and annexation attempts. He plans to maintain tariffs on US imports until the US shows "respect", citing unjustified tariffs and repeated annexation comments by President Trump. This follows Trump's imposition of a 25% tariff on imports from Canada and Mexico, later paused for 30 days before taking effect on March 4th.

bbc.com

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Mar 11, 19:16

Trump Doubles Tariffs on Canada, Escalating Trade War

President Trump doubled tariffs on Canadian steel and aluminum, escalating trade tensions after downplaying market concerns; retaliatory measures from Canada and a predicted US economic downturn threaten further escalation globally.

Trump Doubles Tariffs on Canada, Escalating Trade War

President Trump doubled tariffs on Canadian steel and aluminum, escalating trade tensions after downplaying market concerns; retaliatory measures from Canada and a predicted US economic downturn threaten further escalation globally.

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How are the actions of the Canadian government contributing to the escalation of the trade war?

This change in approach is further evidenced by the Atlanta Federal Reserve's prediction of a falling US economy in the first quarter of the year, coupled with weakening private sector sentiment due to tariff uncertainty. The Canadian government's retaliatory measures, including a 25% surcharge on US-bound electricity and threats to cut off supply, exacerbate the situation.

nrc.nl

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Mar 11, 19:16

Trump Doubles Tariffs on Canadian Steel and Aluminum, Deepening Market Uncertainty

President Trump doubled tariffs on Canadian steel and aluminum imports to 50 percent in retaliation for Canadian tariffs, escalating trade tensions and further depressing the US stock market which is already down since his election.

Trump Doubles Tariffs on Canadian Steel and Aluminum, Deepening Market Uncertainty

President Trump doubled tariffs on Canadian steel and aluminum imports to 50 percent in retaliation for Canadian tariffs, escalating trade tensions and further depressing the US stock market which is already down since his election.

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What are the immediate consequences of President Trump's decision to double tariffs on Canadian steel and aluminum imports?

President Trump doubled tariffs on Canadian steel and aluminum imports from 25 percent to 50 percent, escalating trade tensions and causing further uncertainty in the already volatile stock market. This action followed a similar tariff imposed by Canada, prompting Trump's retaliatory move. The resulting market reaction saw significant losses, particularly in tech stocks.

theglobeandmail.com

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Mar 11, 01:13

China Slaps 25% Tariff on Canadian Seafood, Exacerbating Industry Uncertainty

China imposed a 25% tariff on Canadian seafood exports, impacting $1.3 billion (2024) worth of products shipped to China, adding to existing US tariff concerns for the Atlantic Canadian seafood sector.

China Slaps 25% Tariff on Canadian Seafood, Exacerbating Industry Uncertainty

China imposed a 25% tariff on Canadian seafood exports, impacting $1.3 billion (2024) worth of products shipped to China, adding to existing US tariff concerns for the Atlantic Canadian seafood sector.

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How do the retaliatory tariffs imposed by China on Canadian seafood relate to broader geopolitical tensions and trade disputes between the two countries?

The Chinese tariffs are a direct retaliation for Canadian surtaxes on Chinese electric vehicles, steel, and aluminum. This highlights the interconnectedness of global trade and the potential for retaliatory actions to significantly disrupt specific sectors, like Atlantic Canada's seafood industry, which relies heavily on exports to both the US and China.

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