Tag #Trade War

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politico.eu

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Mar 26, 19:23

Trump's Trade War Could Slash UK GDP by 1 Percent

The U.K.'s Office for Budget Responsibility (OBR) warns that President Trump's potential global trade war could reduce UK GDP by up to 1 percent by 2026, impacting growth and increasing economic uncertainty.

Trump's Trade War Could Slash UK GDP by 1 Percent

The U.K.'s Office for Budget Responsibility (OBR) warns that President Trump's potential global trade war could reduce UK GDP by up to 1 percent by 2026, impacting growth and increasing economic uncertainty.

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What is the immediate economic impact on the U.K. resulting from President Trump's potential global trade war?

The U.S. President Donald Trump's potential trade war will significantly impact the U.K.'s economic growth in the next two years, according to the Office for Budget Responsibility (OBR). The OBR forecasts a potential 1 percent reduction in UK GDP if a global trade war erupts, with tariffs rising by 20 percentage points between the USA and the rest of the world. This would lower the predicted GDP growth in 2026 by 0.6 percent from the initial forecast of 1.9 percent.

theglobeandmail.com

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Mar 26, 04:12

Trade War Uncertainty Shakes Canadian Election in Nova Scotia

US and Chinese tariffs on seafood are creating uncertainty and anxiety for fishermen and businesses in rural Northern Nova Scotia, impacting the upcoming federal election in the Cape Breton-Canso-Antigonish riding, where voters are weighing economic concerns against national political dynamics.

Trade War Uncertainty Shakes Canadian Election in Nova Scotia

US and Chinese tariffs on seafood are creating uncertainty and anxiety for fishermen and businesses in rural Northern Nova Scotia, impacting the upcoming federal election in the Cape Breton-Canso-Antigonish riding, where voters are weighing economic concerns against national political dynamics.

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What are the key factors influencing voter choices in Cape Breton-Canso-Antigonish riding, considering the interplay between local economic concerns and national political dynamics?

The economic impact of the trade war, particularly on small businesses and rural communities in Cape Breton, is a central issue in the federal election. The uncertainty surrounding tariffs on seafood exports to the US and China is creating anxiety among voters, impacting their choices in the election.

dailymail.co.uk

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Mar 25, 10:12

Trump Imposes Venezuelan Oil Tariff, Hints at Tariff Relief for Canada and Mexico

President Trump announced a 25% tariff on Venezuelan oil, effective April 2nd, citing hostility and the Tren de Aragua gang. He hinted at potential tariff reductions for Canada and Mexico, while the S&P 500 rose 1.8% and the Nasdaq Composite rose 2.3% on Monday.

Trump Imposes Venezuelan Oil Tariff, Hints at Tariff Relief for Canada and Mexico

President Trump announced a 25% tariff on Venezuelan oil, effective April 2nd, citing hostility and the Tren de Aragua gang. He hinted at potential tariff reductions for Canada and Mexico, while the S&P 500 rose 1.8% and the Nasdaq Composite rose 2.3% on Monday.

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What are the immediate economic consequences of Trump's announced 25% tariff on Venezuelan oil, and how will this impact global energy markets?

On April 2nd, President Trump will impose a 25% tariff on oil from Venezuela, potentially impacting global oil prices and trade relations. He also hinted at potential tariff reductions for Canada and Mexico, although the extent remains unclear. This follows recent trade disputes and public disagreements between Trump and Canadian Prime Minister Mark Carney.

spanish.china.org.cn

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Mar 25, 10:12

Carney Laments Lost US Friendship Amidst Trade War

Canadian Prime Minister Mark Carney visited Gander, Newfoundland, on Monday, commemorating the town's 9/11 response while lamenting the strained Canada-US relationship due to President Trump's trade war and threats to Canadian sovereignty; Carney emphasized Canada will negotiate as a sovereign natio...

Carney Laments Lost US Friendship Amidst Trade War

Canadian Prime Minister Mark Carney visited Gander, Newfoundland, on Monday, commemorating the town's 9/11 response while lamenting the strained Canada-US relationship due to President Trump's trade war and threats to Canadian sovereignty; Carney emphasized Canada will negotiate as a sovereign natio...

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Peace, Justice, and Strong Institutions

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What is the immediate impact of President Trump's actions on the Canada-US relationship, as evidenced by Prime Minister Carney's statements and actions?

Canadian Prime Minister Mark Carney, while visiting Gander, Newfoundland—a town that sheltered nearly 6,600 stranded US airline passengers after 9/11—lamented the loss of Canada's friendship with the US amidst a trade war and sovereignty threats from President Trump. Trump's near-daily attacks on Canada's sovereignty have left Canadians feeling betrayed, prompting Carney to declare a lost friendship.

german.china.org.cn

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Mar 25, 16:16

Trump Weighs Tariff Exemptions, Economists Warn of Recession Risk

President Trump may grant tariff pauses to select countries based on reciprocity, while threatening new tariffs; economists warn of a 40% recession probability due to his unpredictable trade policies.

Trump Weighs Tariff Exemptions, Economists Warn of Recession Risk

President Trump may grant tariff pauses to select countries based on reciprocity, while threatening new tariffs; economists warn of a 40% recession probability due to his unpredictable trade policies.

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How does President Trump's emphasis on reciprocity in trade policy affect global trade relations and economic stability?

Trump's statement about tariff pauses highlights his focus on reciprocal trade deals. This approach, while seemingly aiming for balance, introduces uncertainty and risks escalating trade tensions. Economists' concerns about a potential recession stem from this unpredictability and its impact on key economic indicators.

arabic.euronews.com

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Mar 25, 19:18

Copper Prices Surge 27% Amidst Geopolitical Tensions and Supply Shortages

Copper prices have risen 27% this year, driven by increased demand from electric vehicles and renewable energy, coupled with supply chain issues and a US investigation into imports, potentially leading to tariffs. China's economic stimulus further boosts prices.

Copper Prices Surge 27% Amidst Geopolitical Tensions and Supply Shortages

Copper prices have risen 27% this year, driven by increased demand from electric vehicles and renewable energy, coupled with supply chain issues and a US investigation into imports, potentially leading to tariffs. China's economic stimulus further boosts prices.

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Responsible Consumption and Production

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How do supply chain disruptions and geopolitical factors interact to influence copper prices?

The rising demand for copper, fueled by electric vehicle production, AI growth, and renewable energy transition, coupled with supply shortages due to decreased mining investments and refining capacities, creates a significant price imbalance. This, along with Trump's tariff threats and Chinese stimulus, contributes to the price surge.

forbes.com

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Mar 26, 22:10

Trump May Announce New Auto Tariffs, Escalating Trade War

White House Press Secretary Karoline Leavitt announced that President Trump may announce new tariffs on auto imports on Wednesday afternoon, potentially escalating the trade war with other countries ahead of the April 2 "Liberation Day" reciprocal tariffs.

Trump May Announce New Auto Tariffs, Escalating Trade War

White House Press Secretary Karoline Leavitt announced that President Trump may announce new tariffs on auto imports on Wednesday afternoon, potentially escalating the trade war with other countries ahead of the April 2 "Liberation Day" reciprocal tariffs.

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What are the immediate economic consequences of the potential new auto import tariffs?

President Trump may announce new tariffs on auto imports, potentially escalating the US trade war. This follows recent tariffs on steel, aluminum, and Chinese goods, prompting retaliatory tariffs from several countries. Stock prices of major US automakers fell immediately following the announcement.

theglobeandmail.com

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Mar 26, 16:12

Toronto Real Estate: Resilience Amidst Economic Uncertainty

Despite economic uncertainty stemming from the Canada-US trade war, Toronto's real estate market shows resilience in certain segments, with sales in upscale areas matching 2024 levels; however, price adjustments and varied buyeseller behaviors are prominent.

Toronto Real Estate: Resilience Amidst Economic Uncertainty

Despite economic uncertainty stemming from the Canada-US trade war, Toronto's real estate market shows resilience in certain segments, with sales in upscale areas matching 2024 levels; however, price adjustments and varied buyeseller behaviors are prominent.

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Reduced Inequality

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What is the current state of the Toronto real estate market, and what factors are driving its dynamics?

Toronto's real estate market shows a mixed picture in 2025. While some upscale areas like Rosedale and Moore Park maintain sales similar to 2024, other areas see price adjustments. A three-bedroom house in the Beaches sold for $1.107 million, exceeding its $899,000 asking price, demonstrating continued buyer interest despite market uncertainty.

dailymail.co.uk

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Mar 25, 10:12

FedEx Cuts Forecast Amidst Broader Economic Uncertainty

FedEx slashed its earnings forecast due to macroeconomic concerns, reflecting broader executive unease about fluctuating U.S. trade policies and their impact on consumer spending and investment, with similar warnings issued by Walmart, JP Morgan Chase, and BlackRock.

FedEx Cuts Forecast Amidst Broader Economic Uncertainty

FedEx slashed its earnings forecast due to macroeconomic concerns, reflecting broader executive unease about fluctuating U.S. trade policies and their impact on consumer spending and investment, with similar warnings issued by Walmart, JP Morgan Chase, and BlackRock.

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How are fluctuating U.S. trade policies impacting business decisions and consumer confidence?

FedEx, with its real-time view of consumer demand and trade via shipping data, acts as an early indicator of economic shifts. The company's pessimistic outlook mirrors similar warnings from Walmart, JP Morgan Chase, and BlackRock, suggesting a widespread slowdown. The uncertainty stems partly from fluctuating U.S. trade policies, impacting consumer confidence and investment decisions.

kathimerini.gr

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Mar 25, 16:16

Trump to Announce New Tariffs on April 2nd, Details Uncertain

President Trump will announce new tariffs on April 2nd, potentially impacting multiple countries and industries, aiming to reduce the $1.2 trillion US trade deficit, although the final details remain uncertain and subject to change.

Trump to Announce New Tariffs on April 2nd, Details Uncertain

President Trump will announce new tariffs on April 2nd, potentially impacting multiple countries and industries, aiming to reduce the $1.2 trillion US trade deficit, although the final details remain uncertain and subject to change.

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What specific industries will be affected by the upcoming US tariff announcement on April 2nd, and what are the immediate consequences?

On April 2nd, the Trump administration is expected to announce new tariffs, potentially impacting various sectors. While initial plans included broad tariffs on automobiles, semiconductors, and pharmaceuticals, recent reports suggest a narrower focus, possibly excluding some industries and delaying auto tariffs. The final decision rests with President Trump.

abcnews.go.com

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Mar 25, 16:16

US Consumer Confidence Plunges to 2021 Low Amidst Tariff Fears

US consumer confidence fell to a 2021 low in March 2023 due to President Trump's tariffs and recession fears, marking the fourth straight month of decline and exceeding economists' expectations; income expectations also dropped significantly.

US Consumer Confidence Plunges to 2021 Low Amidst Tariff Fears

US consumer confidence fell to a 2021 low in March 2023 due to President Trump's tariffs and recession fears, marking the fourth straight month of decline and exceeding economists' expectations; income expectations also dropped significantly.

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No Poverty

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How do the concerns about future income relate to the overall decline in consumer sentiment, and what are the underlying causes?

The drop in consumer sentiment is directly linked to President Trump's tariffs, impacting both market stability and consumer expectations. The worsening trade war, coupled with the anticipation of further tariffs, fuels economic uncertainty and dampens consumer spending, a key driver of US economic growth. This is reflected in increased recession probabilities predicted by financial institutions like Goldman Sachs and Moody's Analytics.

pt.euronews.com

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Mar 25, 19:18

Trump's Tariff Exemptions: US Stocks Rise, Europe Falls

President Trump announced potential exemptions to previously announced car tariffs, creating uncertainty in global markets; US stocks rose while European markets fell due to the threat of retaliatory tariffs.

Trump's Tariff Exemptions: US Stocks Rise, Europe Falls

President Trump announced potential exemptions to previously announced car tariffs, creating uncertainty in global markets; US stocks rose while European markets fell due to the threat of retaliatory tariffs.

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What are the immediate economic consequences of Trump's announcement regarding potential car tariff exemptions?

President Trump stated he would decide on imposing car tariffs in the coming days, with potential exemptions for some countries regarding reciprocal import duties. He also indicated upcoming decisions on tariffs for wood, semiconductors, and pharmaceuticals. This follows his March announcement of 25% tariffs on these imports starting April 2nd, along with an executive order investigating trade relations to introduce comprehensive reciprocal tariffs.

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