Tag #Trade War

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US Court Challenges Trump's Global Tariffs

A US federal appeals court is hearing a challenge to President Trump's new tariffs, imposed under the 1977 IEEPA, just before their July 31st implementation; plaintiffs argue the president lacks legal authority to impose them without Congressional approval.

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32% Bias Score

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cnn.com
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Trump Ends Duty-Free Imports for Small Packages

President Trump ended a trade loophole that allowed duty-free entry for small packages, impacting mainly Chinese mega-shippers and potentially raising prices for US consumers, especially those with lower incomes.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
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Trump's Tariffs Hit Canada, Bank of Canada Holds Rates Steady

President Trump raised tariffs on Canadian goods to 35 percent, impacting some industries despite the USMCA; the Bank of Canada kept interest rates steady amid US trade uncertainty; Canadian business creation is weak, and Telus sold a stake in its tower network for $1.26 billion.

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44% Bias Score

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cnn.com
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Trump Fires BLS Commissioner Amid Weak Jobs Report and New Tariffs

President Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer following a weak July jobs report (73,000 jobs added, with significant downward revisions), claiming the report was 'rigged'; this action sparked criticism and concerns about political interference in economic data, while...

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52% Bias Score

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abcnews.go.com
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Trump's Tariffs: 18.3% Tax Hike Looms, Impacting U.S. Households

President Trump's new tariffs, delayed until August 7th, will raise the average tax on imported goods to 18.3%, impacting U.S. consumers with an estimated $2400 annual household loss, while various sectors adjust and legal challenges continue.

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40% Bias Score

Reduced Inequality
dw.com
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US-China Trade Deal Reached: Rare Earths for Tariff Reductions

President Trump announced a US-China trade deal on June 26th, where China will supply rare earth elements to the US in exchange for tariff reductions; this follows months of escalating tariffs and negotiations.

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48% Bias Score

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dailymail.co.uk
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Trump's Tariffs Spark Partisan Debate Over Economic Impact

President Trump's recent tariff increases on Canadian imports (to 35 percent) and modified reciprocal rates for countries with U.S. trade deficits, alongside existing tariffs on various countries, have sparked a partisan debate over their economic impact, with Democrats warning of rising prices and ...

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48% Bias Score

Reduced Inequality
theguardian.com
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Trump's Tariffs Reignite Global Economic Fears

President Trump's new tariffs on several countries, including Canada, Brazil, India, and Taiwan, after a self-imposed August 1st deadline, have reignited fears of a global economic crisis; however, the US stock market and economy show surprising resilience, though this may be temporary.

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56% Bias Score

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edition.cnn.com
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Trump Ends Global Trade Loophole, Impacting Millions of Daily Shipments

President Trump ended a global trade loophole, eliminating duty-free entry for small packages into the US, impacting nearly 4 million daily shipments totaling 1.36 billion last year, mostly from China and Hong Kong, potentially raising prices for American consumers.

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40% Bias Score

Reduced Inequality
elpais.com
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EU Suspends Retaliatory Tariffs Amidst US Trade Dispute

On April 9th, 2024, the US reduced tariffs, prompting the EU to temporarily suspend its planned €20.8 billion countermeasure to US steel and aluminum tariffs, creating a brief opening for negotiations despite internal disagreements and later US threats.

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60% Bias Score

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elpais.com
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Trump Invites Lula to Call Amidst US-Brazil Trade Dispute

Following the imposition of 50% tariffs on Brazilian goods, US President Trump extended an olive branch to President Lula, inviting him to a call, amidst an ongoing dispute linked to legal proceedings against former Brazilian president Jair Bolsonaro, and US sanctions against Brazilian Supreme Court...

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44% Bias Score

Peace, Justice, and Strong Institutions
bbc.com
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Trump's Expanded Tariffs Hit Asian Economies, Raising Costs for US Tech

President Trump's new tariffs target Asian economies, raising costs for US tech companies like Apple and Nvidia by billions, disrupting supply chains and possibly increasing consumer prices, impacting global manufacturing and trade.

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40% Bias Score

Decent Work and Economic Growth

Showing 253 to 264 of 3,850 results