Tag #Trade War

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theguardian.com

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Mar 17, 07:10

Carney's European Trip Amidst US Trade War

Canadian Prime Minister Mark Carney is traveling to Paris and London to strengthen alliances amid President Trump's trade war and threats to Canadian sovereignty, prioritizing partnerships with France and the UK due to over 75% of Canadian exports going to the US.

Carney's European Trip Amidst US Trade War

Canadian Prime Minister Mark Carney is traveling to Paris and London to strengthen alliances amid President Trump's trade war and threats to Canadian sovereignty, prioritizing partnerships with France and the UK due to over 75% of Canadian exports going to the US.

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Peace, Justice, and Strong Institutions

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How does Prime Minister Carney's focus on Canada's historical ties with France and the UK impact Canada's response to President Trump's trade policies?

Carney's trip signifies a strategic shift in Canada's foreign policy, prioritizing diversification of trade and bolstering international support in response to President Trump's aggressive actions. The decision to visit France and the UK underscores Canada's historical ties and its effort to strengthen economic and political cooperation with these nations. Over 75% of Canadian exports go to the US, highlighting the urgency for diversification.

cnn.com

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Mar 17, 10:09

China Unveils Domestic Spending Plan to Counter US Tariffs

China launched a domestic spending plan to counter US tariffs, including income boosts, childcare subsidies, and a "cash-for-clunkers" program; initial retail sales rose 4% in January-February, exceeding expectations, but deflation and weak consumer confidence remain concerns.

China Unveils Domestic Spending Plan to Counter US Tariffs

China launched a domestic spending plan to counter US tariffs, including income boosts, childcare subsidies, and a "cash-for-clunkers" program; initial retail sales rose 4% in January-February, exceeding expectations, but deflation and weak consumer confidence remain concerns.

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How do the announced measures address China's underlying economic weaknesses, such as deflation and weak consumer confidence?

This initiative responds to weak consumer spending, uncertain employment, and a struggling property sector, all exacerbated by increased US tariffs. China's retaliatory tariffs on US agricultural imports further escalate trade tensions. The plan aims to shift China's economic reliance away from exports toward domestic consumption to achieve its 5% growth target.

repubblica.it

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Mar 17, 10:10

China's Economic Countermeasures Against Potential US Trade Escalation

Facing potential increased trade conflicts with the US, China announced a record-high budget deficit of 4% of GDP and significant investments in domestic consumption and technological innovation to stimulate its economy and diversify its trading partners, with the Belt and Road Initiative now accoun...

China's Economic Countermeasures Against Potential US Trade Escalation

Facing potential increased trade conflicts with the US, China announced a record-high budget deficit of 4% of GDP and significant investments in domestic consumption and technological innovation to stimulate its economy and diversify its trading partners, with the Belt and Road Initiative now accoun...

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How is China diversifying its trade relationships to reduce dependence on the US market?

Facing potential escalated trade conflicts with the US, China is actively implementing countermeasures. These include increased fiscal spending (1.3 trillion yuan in long-term bonds and 4.4 trillion yuan in special local government bonds), raising the budget deficit to 4% of GDP, the highest in three decades, to stimulate domestic demand and offset potential trade war impacts.

abcnews.go.com

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Mar 17, 10:10

Asian Markets Surge Despite Trade War Concerns

Asian markets rallied Monday following a strong U.S. market rebound and positive Chinese factory data, although concerns remain about China's property market and the impact of President Trump's trade policies on global consumer confidence.

Asian Markets Surge Despite Trade War Concerns

Asian markets rallied Monday following a strong U.S. market rebound and positive Chinese factory data, although concerns remain about China's property market and the impact of President Trump's trade policies on global consumer confidence.

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How does the continued weakness in China's property market affect the overall economic outlook and investor sentiment?

The market surge is linked to positive economic indicators in China, including a nearly 6% rise in industrial output and a 4% increase in retail sales. However, weakness in the Chinese property market persists, with home prices falling and real estate investment down almost 10%. This suggests a mixed economic outlook, with positive manufacturing data offset by concerns in the property sector.

it.euronews.com

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Mar 17, 13:15

Central Bank Decisions to Shape Global Markets Amid Trade War Uncertainty

Global stock markets faced weekly losses amid escalating trade wars; investors await interest rate decisions from major central banks, anticipating a more accommodative stance to counter recession risks and potentially boost markets.

Central Bank Decisions to Shape Global Markets Amid Trade War Uncertainty

Global stock markets faced weekly losses amid escalating trade wars; investors await interest rate decisions from major central banks, anticipating a more accommodative stance to counter recession risks and potentially boost markets.

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What immediate impact will major central banks' interest rate decisions have on global stock markets this week?

Global stock markets experienced weekly losses due to escalating trade wars. While risk appetite slightly recovered after Friday's rebound, investor focus shifts to interest rate decisions by major central banks (Fed, BoJ, BoE, SNB, PBoC), influencing market direction this week. A more accommodative stance is now anticipated.

welt.de

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Mar 17, 13:15

Trump's Tariffs on EU: Economic and Political Fallout

The US imposed 25% tariffs on EU steel and aluminum imports, aiming to pressure the EU for increased defense spending and potentially acquiring Greenland, while also generating additional revenue for the US; this action has caused a significant deterioration in transatlantic relations and negative e...

Trump's Tariffs on EU: Economic and Political Fallout

The US imposed 25% tariffs on EU steel and aluminum imports, aiming to pressure the EU for increased defense spending and potentially acquiring Greenland, while also generating additional revenue for the US; this action has caused a significant deterioration in transatlantic relations and negative e...

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Reduced Inequality

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How do Trump's tariffs affect the global economy and the transatlantic relationship?

Trump's tariffs have negative consequences for the EU and the US economy, causing price increases and inflation in the US. Counter-tariffs from the EU are likely, decreasing US export competitiveness. Trump's unpredictable tariff policies also unsettle financial markets.

cnn.com

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Mar 17, 10:09

Trump's Tariffs: Mirroring the Liz Truss Economic Disaster

President Trump's imposition of tariffs on imports, despite warnings from businesses and economists, has negatively impacted the US stock market, causing billions of dollars in losses and mirroring the UK's experience under Liz Truss; Goldman Sachs estimates a 20% chance of a US recession in the nex...

Trump's Tariffs: Mirroring the Liz Truss Economic Disaster

President Trump's imposition of tariffs on imports, despite warnings from businesses and economists, has negatively impacted the US stock market, causing billions of dollars in losses and mirroring the UK's experience under Liz Truss; Goldman Sachs estimates a 20% chance of a US recession in the nex...

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Reduced Inequality

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How do businesses and economists argue against Trump's tariff policies, and what are the specific negative impacts on the US economy?

Trump's economic policies, similar to Truss's, prioritize domestic manufacturing and deficit reduction through tariffs. However, these policies raise prices for American producers and consumers, and retaliatory tariffs from other countries decrease demand for US products.

edition.cnn.com

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Mar 17, 10:10

Carney Seeks Alliances Amidst Trump's Trade War

Canadian Prime Minister Mark Carney is embarking on his first international trip to France and the UK to strengthen alliances in response to US President Trump's trade war and challenges to Canada's sovereignty, including a 25% tariff on Canadian goods and assertions that Canada should become the 51...

Carney Seeks Alliances Amidst Trump's Trade War

Canadian Prime Minister Mark Carney is embarking on his first international trip to France and the UK to strengthen alliances in response to US President Trump's trade war and challenges to Canada's sovereignty, including a 25% tariff on Canadian goods and assertions that Canada should become the 51...

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What are the long-term implications of the current US-Canada trade conflict for Canada's economic and geopolitical positioning?

Carney's strategic focus on France and the UK signals a long-term approach to mitigating the risks posed by the US trade war. Diversifying trade relationships and coordinating responses to Trump's actions are crucial steps toward ensuring Canada's economic and political stability. The emphasis on Arctic sovereignty highlights a key area where Canada's interests may clash with those of Russia and the US.

elpais.com

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Mar 17, 10:10

Trump's Tariffs Threaten Mexico's Automotive Industry

Facing potential US tariffs, Mexico's automotive industry, a major exporter to the US, generating nearly $100 billion annually, faces economic uncertainty, potentially impacting 900,000 jobs; analysts debate the feasibility and timeline of US reshoring.

Trump's Tariffs Threaten Mexico's Automotive Industry

Facing potential US tariffs, Mexico's automotive industry, a major exporter to the US, generating nearly $100 billion annually, faces economic uncertainty, potentially impacting 900,000 jobs; analysts debate the feasibility and timeline of US reshoring.

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What are the immediate economic consequences for Mexico if Trump imposes tariffs on Mexican auto exports to the US?

Mexico is the world's 8th largest exporter, with the US as its top trading partner. The automotive sector is key, exporting roughly 80% of its vehicles to the US, generating nearly $100 billion in revenue last year. Trump's proposed tariffs threaten this vital industry and the jobs of nearly 900,000 Mexican auto workers.

bbc.com

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Mar 17, 13:15

Trump Tariffs to Slash Global Growth, OECD Predicts

The OECD predicts that US President Trump's escalating trade tariffs will significantly reduce global economic growth and increase inflation, with Canada and Mexico facing the most severe consequences, including a potential recession in Mexico.

Trump Tariffs to Slash Global Growth, OECD Predicts

The OECD predicts that US President Trump's escalating trade tariffs will significantly reduce global economic growth and increase inflation, with Canada and Mexico facing the most severe consequences, including a potential recession in Mexico.

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What are the immediate economic consequences of President Trump's trade tariffs on major economies?

President Trump's trade tariffs are significantly impacting global economic growth and increasing inflation, according to the OECD. Canada and Mexico are projected to experience the most substantial negative effects due to the high tariffs imposed on their goods, with Mexico expected to enter a recession. US growth is also negatively impacted.

welt.de

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Mar 17, 13:15

Trump's Tariffs on EU: Economic Fallout and Geopolitical Tensions

The US imposed 25% tariffs on EU steel and aluminum imports, aiming to pressure the EU for increased defense spending and potentially incorporating Greenland into the US, while also seeing them as a new revenue source, creating global economic uncertainty and strain on transatlantic relations.

Trump's Tariffs on EU: Economic Fallout and Geopolitical Tensions

The US imposed 25% tariffs on EU steel and aluminum imports, aiming to pressure the EU for increased defense spending and potentially incorporating Greenland into the US, while also seeing them as a new revenue source, creating global economic uncertainty and strain on transatlantic relations.

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What are the immediate economic and geopolitical consequences of Trump's tariffs on EU steel and aluminum imports?

The US imposed 25% tariffs on EU steel and aluminum imports, aiming to pressure the EU into increasing defense spending and potentially incorporating Greenland. These tariffs also serve as a new revenue source for the Trump administration.

theglobeandmail.com

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Mar 17, 13:15

Canada's Superior Softwood Lumber Defies U.S. Tariffs in Escalating Trade War

The Canada-U.S. softwood lumber trade war continues, with the U.S. imposing tariffs despite Canadian lumber's superior quality due to tighter growth rings, resulting in higher costs for U.S. consumers and the construction industry, while Canada retaliates with tariffs on U.S. goods.

Canada's Superior Softwood Lumber Defies U.S. Tariffs in Escalating Trade War

The Canada-U.S. softwood lumber trade war continues, with the U.S. imposing tariffs despite Canadian lumber's superior quality due to tighter growth rings, resulting in higher costs for U.S. consumers and the construction industry, while Canada retaliates with tariffs on U.S. goods.

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How does the inherent quality difference between Canadian SPF and U.S. SYP lumber impact the ongoing trade dispute, considering the U.S.'s goal of self-sufficiency?

Canada's softwood lumber industry possesses a competitive advantage due to superior product quality, specifically tighter growth rings in SPF lumber compared to U.S. SYP lumber, resulting in straighter, more durable boards. This quality difference is not fully offset by tariffs, impacting the ongoing trade dispute.

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