Tag #Trade War

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theglobeandmail.com
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Fed's Inflation Dilemma: Transitory or Stagflation?

The Federal Reserve's base-case scenario predicts transitory inflation, allowing for interest rate cuts. However, the more likely scenario involves higher inflation and slower economic growth, raising the risk of stagflation and complicating the Fed's ability to stimulate the economy.

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56% Bias Score

Reduced Inequality
abcnews.go.com
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Asian Markets Mixed Amidst US Economic Uncertainty

Asian markets reacted to US economic uncertainty; Hong Kong's Hang Seng fell 2%, Shanghai Composite dropped 0.9%, while Japan's Nikkei gained 0.5%; this follows Wall Street's retreat fueled by concerns over President Trump's actions and potential government spending cuts.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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U.S.-Canada Trade Dispute: A Detriment to National Interests

The U.S. administration's trade actions against Canada, framed as bullying tactics rather than policy disputes, are harming the long-standing, mutually beneficial economic and security relationship between the two countries, a relationship marked by extensive trade and close security cooperation.

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56% Bias Score

Peace, Justice, and Strong Institutions
africa.chinadaily.com.cn
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China's 5% GDP Growth Masks Underlying Economic Weaknesses

China's 2024 GDP grew 5 percent, exceeding expectations, but this masked underlying weaknesses, particularly in domestic demand, which was significantly boosted by a record $992 billion trade surplus; the government implemented stimulus packages focusing on investment rather than consumption, neglec...

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48% Bias Score

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forbes.com
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Trump-Fed Clash Over Tariffs Impacts Economic Forecasts

President Trump's demand for interest rate cuts clashes with the Federal Reserve's decision to hold rates steady due to uncertainty caused by Trump's tariffs; the Fed lowered GDP growth projections to 1.7% and raised core inflation projections to 2.8% for the end of 2025.

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44% Bias Score

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tr.euronews.com
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Trump's 200% Tariff Threat Shakes European Wine Industry

President Trump threatened a 200% tariff on European wines and spirits in retaliation for EU tariffs on American whiskey, jeopardizing billions of euros in exports from France, Italy, and Spain and potentially causing significant economic damage to the European wine industry.

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48% Bias Score

Decent Work and Economic Growth
theguardian.com
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US-EU Trade War Could Cost Ireland €18 Billion

A report co-authored by the Irish government predicts that a US-EU trade war could cost Ireland more than €18 billion, shrink its GDP by 3.7%, and cause significant job losses, particularly in the pharmaceutical sector, due to potential relocation of US multinationals.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canadian Rents Drop 4.8 Percent Amid Rising Vacancy Rates

Canadian average asking rents fell 4.8 percent to $2,088 in May, the fifth straight monthly decline, due to rising vacancy rates, potentially impacting new rental construction, especially luxury units, and causing financial strain for some landlords.

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48% Bias Score

Reduced Inequality
dailymail.co.uk
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Trump Urges Rate Cuts Ahead of Tariffs, Fed Holds Steady

President Trump urged the Federal Reserve to cut interest rates before his April 2nd implementation of retaliatory tariffs on Canada and Mexico, aiming to offset potential inflationary pressures, while the Federal Reserve maintained its benchmark rate, citing ongoing inflation concerns and uncertain...

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48% Bias Score

Reduced Inequality
french.china.org.cn
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US to Implement Unilateral 'Reciprocal' Tariffs on April 2nd

The U.S. will implement "reciprocal" tariffs on April 2nd, based on each country's trade practices, prompting criticism for violating WTO rules and potentially harming the U.S. economy; several countries have already lodged complaints.

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56% Bias Score

Reduced Inequality
aljazeera.com
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Canada Reviews $19 Billion F-35 Deal Amid US Trade Tensions

Amid escalating trade tensions with the US, Canadian Prime Minister Mark Carney is reviewing a $19 billion deal to purchase additional F-35 fighter jets, facing pressure to cancel it as a rejection of US President Trump's policies, while considering the implications for Canadian military capabilitie...

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60% Bias Score

Peace, Justice, and Strong Institutions
dailymail.co.uk
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Snap Election Called in Canada Amid US Trade War

Canadian Prime Minister Mark Carney is calling a snap election for April 28th, dissolving Parliament on Sunday, amid rising tensions with the U.S. over trade and annexation threats, which have unexpectedly boosted the Liberal Party's popularity.

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52% Bias Score

Peace, Justice, and Strong Institutions

Showing 2,533 to 2,544 of 3,850 results