Tag #Trade War

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theglobeandmail.com

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Mar 22, 01:13

Buy Canadian" Movement Fuels Explosive Growth for Canadian Personal Care Brands

Canadian personal care brands, Green Beaver and Cheekbone Beauty, report massive sales increases—400 percent and 300 percent respectively—following President Trump's trade war against Canada, fueled by a "Buy Canadian" movement that reduced competition from American brands, highlighting the trade wa...

Buy Canadian" Movement Fuels Explosive Growth for Canadian Personal Care Brands

Canadian personal care brands, Green Beaver and Cheekbone Beauty, report massive sales increases—400 percent and 300 percent respectively—following President Trump's trade war against Canada, fueled by a "Buy Canadian" movement that reduced competition from American brands, highlighting the trade wa...

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How are the sales increases of Canadian personal care brands impacting their business operations and strategies?

This surge is directly linked to a "Buy Canadian" movement among Canadian consumers in response to the trade war. The movement significantly benefits Canadian personal care brands, as American goods constitute 71 percent of Canada's imports in this sector. This shift in consumer preference has reduced competition from American brands like Revlon and Estée Lauder, creating a lucrative opportunity for Canadian businesses.

abcnews.go.com

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Mar 22, 07:11

Trump's Actions Reshape Canadian Election

Canadian Prime Minister Mark Carney will call for a snap election on April 28th, a decision significantly influenced by President Trump's trade war and sovereignty threats, shifting the election's focus from domestic issues to how candidates will manage U.S. relations.

Trump's Actions Reshape Canadian Election

Canadian Prime Minister Mark Carney will call for a snap election on April 28th, a decision significantly influenced by President Trump's trade war and sovereignty threats, shifting the election's focus from domestic issues to how candidates will manage U.S. relations.

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Peace, Justice, and Strong Institutions

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What are the potential long-term implications of this election's outcome on Canada-U.S. relations and the broader global political landscape?

The upcoming Canadian election highlights the unpredictable impact of international relations on domestic politics. While the Conservatives initially anticipated a win based on domestic issues, Trump's actions have completely reshaped the political landscape. The outcome of this election will likely impact Canada's approach to future U.S.-Canada relations, highlighting the increasing interconnectedness of global politics.

us.cnn.com

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Mar 22, 19:09

Trump's 200% EU Wine Tariff Threatens US Winemakers

President Trump proposed a 200% tariff on EU alcoholic beverages, prompting concern among US winemakers facing declining demand and wildfire damage, while larger corporations may benefit from export-import tax refunds. The EU's retaliatory tariffs on US whiskey further escalate the trade war.

Trump's 200% EU Wine Tariff Threatens US Winemakers

President Trump proposed a 200% tariff on EU alcoholic beverages, prompting concern among US winemakers facing declining demand and wildfire damage, while larger corporations may benefit from export-import tax refunds. The EU's retaliatory tariffs on US whiskey further escalate the trade war.

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How does the proposed tariff differentially affect large versus small US wineries, and what are the underlying causes of this disparity?

The tariff's impact varies across the US wine industry. While larger corporations might benefit from export-import tax refunds, smaller family-owned wineries face significant challenges from declining demand and increased costs. This highlights the uneven impact of trade policies on businesses of different sizes and emphasizes the interconnectedness of the global wine market.

theglobeandmail.com

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Mar 21, 01:13

Lockheed Martin's Job Offer, Election Looms, and Poilievre's Media Plan

Amidst a potential snap federal election on April 28th, Lockheed Martin offered Canada more jobs contingent on the completion of its $19-billion F-35 fighter jet purchase, which is currently under review due to U.S. trade war concerns; meanwhile, Conservative Leader Pierre Poilievre defended his par...

Lockheed Martin's Job Offer, Election Looms, and Poilievre's Media Plan

Amidst a potential snap federal election on April 28th, Lockheed Martin offered Canada more jobs contingent on the completion of its $19-billion F-35 fighter jet purchase, which is currently under review due to U.S. trade war concerns; meanwhile, Conservative Leader Pierre Poilievre defended his par...

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How do the F-35 jet purchase review and the potential election impact Canada's relations with the U.S. and its economic stability?

The Canadian government's review of the F-35 jet purchase highlights trade tensions with the U.S., impacting job creation and defense spending. The potential snap election adds political uncertainty, influencing campaigning strategies and policy debates.

cnn.com

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Mar 21, 10:12

Trump Invokes Defense Production Act to Boost US Critical Mineral Production

President Trump signed an executive order on Thursday using the Defense Production Act to increase domestic production of critical minerals like uranium, copper, and gold to reduce reliance on China, directing several federal agencies to expedite approvals and prioritize mineral production on federa...

Trump Invokes Defense Production Act to Boost US Critical Mineral Production

President Trump signed an executive order on Thursday using the Defense Production Act to increase domestic production of critical minerals like uranium, copper, and gold to reduce reliance on China, directing several federal agencies to expedite approvals and prioritize mineral production on federa...

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Responsible Consumption and Production

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How does this executive order aim to counter China's influence in the global critical minerals market, and what are the potential risks and challenges involved?

This action addresses US vulnerability to China's dominance in critical mineral production, impacting national security and economic competitiveness. The order prioritizes domestic mining and aims to counter China's export controls and market manipulation.

theguardian.com

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Mar 21, 10:12

US Tech Industry Demands Retaliatory Tariffs Against Australia

US tech giants, winemakers, and drug companies are urging President Trump to impose tariffs on Australian goods in retaliation for what they see as unfair trade practices, including Australia's digital services taxes and local content mandates for streaming platforms, potentially escalating the ongo...

US Tech Industry Demands Retaliatory Tariffs Against Australia

US tech giants, winemakers, and drug companies are urging President Trump to impose tariffs on Australian goods in retaliation for what they see as unfair trade practices, including Australia's digital services taxes and local content mandates for streaming platforms, potentially escalating the ongo...

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What specific US industries are calling for retaliatory tariffs against Australia, and what are their primary stated grievances?

The Consumer Technology Association (CTA), representing major US tech firms, has joined other US industries in urging President Trump to impose retaliatory tariffs on Australia, citing Australia's digital services taxes (DSTs) and local content requirements for streaming platforms as unfair trade practices. This follows similar complaints from US winemakers and drug companies, potentially leading to significant sanctions on Australian goods and services.

cbsnews.com

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Mar 22, 04:09

Postponed Tariffs on Imported Vehicles Cause Uncertainty in US Car Market

President Trump's 25% tariffs on vehicles and parts from Canada and Mexico, initially set for April 2nd, were delayed until April 2nd after a one-month reprieve, causing uncertainty in the car market and potential price increases of $3,500-$10,000 on new cars.

Postponed Tariffs on Imported Vehicles Cause Uncertainty in US Car Market

President Trump's 25% tariffs on vehicles and parts from Canada and Mexico, initially set for April 2nd, were delayed until April 2nd after a one-month reprieve, causing uncertainty in the car market and potential price increases of $3,500-$10,000 on new cars.

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Reduced Inequality

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What are the immediate economic consequences of the postponed tariffs on imported vehicles and parts for US consumers?

President Trump's 25% tariff on imported vehicles and parts from Canada and Mexico, initially set for April 2nd, caused uncertainty among car buyers and dealerships. A one-month reprieve was granted, delaying the tariffs until April 2nd. The Anderson Economic Group estimates a potential $3,500-$10,000 increase in new car prices if the tariffs are implemented.

theglobeandmail.com

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Mar 22, 13:14

Trump Tariffs Cripple Quebec's Aluminum Industry

President Trump's 25% tariffs on Canadian aluminum and steel have severely impacted Quebec's 1700 aluminum product companies, forcing layoffs, reduced work hours, and lost US contracts, highlighting the vulnerability of smaller businesses to unpredictable trade policies.

Trump Tariffs Cripple Quebec's Aluminum Industry

President Trump's 25% tariffs on Canadian aluminum and steel have severely impacted Quebec's 1700 aluminum product companies, forcing layoffs, reduced work hours, and lost US contracts, highlighting the vulnerability of smaller businesses to unpredictable trade policies.

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What are the immediate and specific economic consequences for Quebec's aluminum industry resulting from the 25% US tariffs on Canadian aluminum and steel?

Trump's 25% tariffs on Canadian aluminum and steel have significantly impacted Quebec's 1700 aluminum product companies, forcing layoffs, reduced hours, and lost contracts with US customers. Companies like Bousquet Technologies and Cyrell AMP, which relied heavily on US sales, have already implemented cost-cutting measures and altered production schedules.

theglobeandmail.com

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Mar 21, 01:13

China's Tariffs on Canada: A Crisis and an Opportunity

China imposed retaliatory tariffs on Canadian peas, canola, and seafood on Thursday, escalating a trade dispute rooted in Canada's earlier tariffs on Chinese electric vehicles, steel, and aluminum; this presents a chance for negotiation and a new framework for trade.

China's Tariffs on Canada: A Crisis and an Opportunity

China imposed retaliatory tariffs on Canadian peas, canola, and seafood on Thursday, escalating a trade dispute rooted in Canada's earlier tariffs on Chinese electric vehicles, steel, and aluminum; this presents a chance for negotiation and a new framework for trade.

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Reduced Inequality

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What are the immediate consequences of China's retaliatory tariffs on Canada, and how might this impact global trade relations?

China's retaliatory tariffs on Canadian goods, effective Thursday, worsen Canada's trade crisis, stemming from earlier Canadian tariffs on Chinese electric vehicles, steel, and aluminum. This action, however, presents an opportunity for renewed dialogue between Ottawa and Beijing, potentially benefiting both nations and the global economy.

bbc.com

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Mar 21, 07:11

Trump Invokes Emergency Powers to Boost US Critical Mineral Production

President Trump used emergency powers to increase domestic critical mineral production, prioritizing mining projects and offering financial and technical support to counter China's control over the supply chain, following their ban on some sales to the US.

Trump Invokes Emergency Powers to Boost US Critical Mineral Production

President Trump used emergency powers to increase domestic critical mineral production, prioritizing mining projects and offering financial and technical support to counter China's control over the supply chain, following their ban on some sales to the US.

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Industry, Innovation, and Infrastructure

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What immediate actions are being taken to reduce US dependence on foreign critical minerals?

President Trump invoked emergency powers to boost domestic critical mineral production, citing national security threats from reliance on foreign powers like China. This executive order prioritizes mining projects and provides financial and technical support to increase US production. The action follows China's ban on some critical mineral sales to the US and escalating trade tensions.

dw.com

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Mar 21, 10:12

US Senator Daines Seeks to Ease US-China Trade Tensions

US Senator Steve Daines arrived in Beijing on March 21, 2025, to discuss trade issues, fentanyl trafficking, and job security with Chinese officials, marking the first high-level political engagement since Donald Trump's return to the White House.

US Senator Daines Seeks to Ease US-China Trade Tensions

US Senator Steve Daines arrived in Beijing on March 21, 2025, to discuss trade issues, fentanyl trafficking, and job security with Chinese officials, marking the first high-level political engagement since Donald Trump's return to the White House.

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Reduced Inequality

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What are the immediate objectives of Senator Daines's visit to China, and what specific impacts could his meetings have on US-China relations?

Senator Steve Daines's visit to China aims to address trade issues, fentanyl trafficking, and job protection. His meetings with Chinese officials will focus on establishing fair and reciprocal trade practices. This trip marks the first high-level US-China political engagement since Donald Trump's return to the White House.

cnn.com

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Mar 21, 16:11

US Alcohol Importers Face $70,000 Tariff Bill Amidst Escalating Trade War

Facing potential 200% tariffs on European alcohol, US importers like Fabrizia Spirits face a $70,000 tariff bill on an Italian wine shipment, highlighting the escalating trade war's impact on small businesses and the broader alcohol industry.

US Alcohol Importers Face $70,000 Tariff Bill Amidst Escalating Trade War

Facing potential 200% tariffs on European alcohol, US importers like Fabrizia Spirits face a $70,000 tariff bill on an Italian wine shipment, highlighting the escalating trade war's impact on small businesses and the broader alcohol industry.

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How have the retaliatory tariffs between the US and EU impacted the US wine and spirits industry beyond direct tariff costs?

The threatened tariffs stem from retaliatory measures between the US and EU over steel, aluminum, and alcohol tariffs. Fabrizia Spirits, a major US limoncello producer, exemplifies the vulnerability of businesses reliant on European imports. The uncertainty forces them to consider costly alternatives or absorb significant tariff costs, potentially impacting marketing and employee compensation.

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