Tag #Trade War

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EU Announces Retaliatory Tariffs on US Goods

The EU announced retaliatory tariffs on US goods, including bourbon, jeans, and agricultural products, totaling €26 billion in value, in response to US tariffs on steel and aluminum, impacting supply chains and potentially costing US importers up to €6 billion.

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gr.euronews.com
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Trump Doubles Tariffs on Canadian Steel and Aluminum, Raising Recession Fears

President Trump announced a 50% tariff on Canadian steel and aluminum, effective Wednesday, in response to Ontario's electricity price hikes, escalating trade tensions and potentially triggering a recession.

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52% Bias Score

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welt.de
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EU Swiftly Retaliates Against Trump Tariffs with Targeted Countermeasures

The EU swiftly retaliated against Donald Trump's tariffs on steel and aluminum, imposing tariffs on $8 billion worth of US goods initially, rising to $24 billion later, including Bourbon, peanut butter, and Harley-Davidson motorcycles, highlighting a pre-emptive strategy and showcasing a decisive re...

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48% Bias Score

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theglobeandmail.com
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New Brunswick Lifts Alcohol Trade Barriers Amidst U.S. Tariff War

New Brunswick Premier Susan Holt announced legislation to lift restrictions on interprovincial alcohol sales due to U.S. tariffs, aiming for a four percent economic boost and mitigating the anticipated 30 percent revenue loss from reduced U.S. trade, while still maintaining healthcare promises.

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36% Bias Score

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news.sky.com
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US Tariffs Hit UK Steel Exports Amid Trade Tensions

The US imposed 25% tariffs on steel and aluminum imports, impacting UK steel exports worth over \£350 million annually, prompting a "pragmatic" response from the UK government while the EU announced retaliatory tariffs; the move risks escalating into a broader trade war.

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gr.euronews.com
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Trump's Tariff Threat Risks Transatlantic Trade War, Crippling French Economy

President Trump's threat to impose up to 25% tariffs on all EU products could trigger a transatlantic trade war, severely impacting France's economy, particularly its spirits (€3.9 billion annual exports), pharmaceuticals, and aerospace sectors, mirroring previous tariff battles' devastating consequ...

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mk.ru
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EU Imposes €26 Billion in Tariffs on US Goods

The EU announced €26 billion in retaliatory tariffs on US goods, including steel, aluminum, and agricultural products, in response to US tariffs and a warning from Washington about European security, further straining transatlantic relations.

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36% Bias Score

Reduced Inequality
pt.euronews.com
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Trump's Tariff Threat Risks Transatlantic Trade War, Hitting France Hard

President Trump's threat to impose up to 25% tariffs on all EU products risks a transatlantic trade war, significantly impacting France's economy, particularly its wine, spirits, and pharmaceutical exports; the EU plans to retaliate, though economists warn of potential negative consequences for Euro...

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36% Bias Score

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theglobeandmail.com
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Canada-U.S. Trade War Disrupts Canadian Construction

Canada's retaliatory tariffs on $30 billion of U.S. goods, imposed in response to U.S. trade actions, are causing significant disruption to Canadian businesses in sectors like construction and renovations, forcing them to absorb costs or seek pricier alternatives.

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36% Bias Score

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kathimerini.gr
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UK Threatens Retaliation Against US Steel and Aluminum Tariffs

UK Prime Minister Keir Starmer expressed disappointment over US tariffs on steel and aluminum, leaving open the possibility of retaliatory measures, while US officials cited national security concerns and unfair trade practices as justification.

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36% Bias Score

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us.cnn.com
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Inflation Cools in February, but Trade War Clouds Outlook

US inflation cooled more than expected in February to 2.8% annually, down from 3% in January, thanks to stable grocery prices and falling gas prices; however, economists warn that this may be short-lived due to President Trump's escalating trade war.

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40% Bias Score

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theglobeandmail.com
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Bank of Canada Cuts Interest Rate Amidst US Trade War Uncertainty

On Wednesday, the Bank of Canada cut its policy interest rate to 2.75 percent, its seventh consecutive cut, largely due to high economic uncertainty caused by the US trade war and fluctuating policies, despite mixed economic indicators.

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40% Bias Score

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