Tag #Trade War

aljazeera.com
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Trump Imposes Tariffs on Canada, Citing Fentanyl; Canada Retaliates

President Trump imposed 25% tariffs on Canadian and Mexican goods on Tuesday, citing insufficient action on fentanyl trafficking; Canada responded with retaliatory tariffs, filing a WTO complaint, and asserting the tariffs violate the USMCA.

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60% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 75% Global Worthiness
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US Tariffs Drive Up Canadian Home Insurance Premiums

New U.S. tariffs on building materials are raising Canadian home insurance premiums, adding to pressures from rising natural disaster costs; insurers are seeking alternatives to mitigate the impact but expect continued cost pressures.

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36% Bias Score

Reduced Inequality
cnn.com
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Trump Imposes Sweeping Tariffs on Mexico, Canada, and China

President Trump implemented tariffs of 25% on goods from Mexico and Canada (excluding energy) and 20% on Chinese goods, impacting $1.4 trillion in US imports and potentially sparking retaliatory tariffs.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 90% Global Worthiness
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Trump's Tariff on Canada: An Act of Economic Warfare

President Trump's 25 percent tariff on Canadian goods, announced in November, is not a trade negotiation but an attempt to harm Canada's economy, potentially leading to annexation. This action negatively impacts stock markets and is projected to decrease U.S. GDP.

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64% Bias Score

Decent Work and Economic Growth
smh.com.au
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Trump's Tariffs Spark Retaliation, Triggering Market Turmoil

President Trump's renewed tariffs on Canada, Mexico, and China triggered immediate retaliatory tariffs, causing a market downturn and raising concerns about a potential US recession due to reduced consumer confidence and increased inflation; the US auto industry is expected to suffer significantly.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump to Announce Ukraine Minerals Deal in Congress Address

President Donald Trump will announce a US-Ukraine minerals agreement during his address to Congress on Tuesday night, following the suspension of US military aid to Ukraine and a previous failed signing attempt; the speech will also cover his plans to end the Ukraine war and secure the release of ho...

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56% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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Macy's Stock Drops 3% on Lower-Than-Expected Sales Forecast

Macy's lowered its annual sales and profit forecast due to decreased consumer spending and new tariffs, causing a 3 percent drop in its stock price; the company expects these pressures to continue into the first quarter of 2024.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 95% Global Worthiness
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End of Pax Americana: Trump's Policies Spur Western Shift

President Trump's trade war and pro-Kremlin policies have ended Pax Americana, prompting Europe and Canada to create independent security and trade partnerships, thus diminishing U.S. global influence.

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60% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 90% Global Worthiness
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US-Canada Trade War Erupts Over Fentanyl Dispute

The United States initiated a trade war against Canada by imposing tariffs on \$155 billion of Canadian goods, citing concerns over fentanyl trafficking; Canada retaliated with matching tariffs on American products, emphasizing its commitment to national interests and highlighting its efforts to com...

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56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Dollar Plunges Amid Global Uncertainty, Challenging Safe-Haven Status

The U.S. dollar experienced a sharp decline this week, defying its typical role as a safe haven amid rising global political tensions and recession fears in the U.S., potentially signaling a shift in global investor confidence and a weakening of the dollar's global dominance.

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56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 90% Global Worthiness
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Canada retaliates against US tariffs, escalating trade war

Canada announced $155 billion in retaliatory tariffs against the U.S. in response to tariffs imposed by President Trump, escalating a trade war that Trudeau characterized as an act of territorial aggression intended to destabilize the Canadian economy; the move follows weeks of escalating rhetoric a...

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52% Bias Score

Decent Work and Economic Growth
aljazeera.com
🌐 90% Global Worthiness
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Trump's Tariffs Trigger Trade War

On Tuesday, the Trump administration imposed sweeping tariffs on Canada, Mexico, and China, prompting immediate retaliatory measures from Canada and concerns about a broader global trade war that could lead to significant economic consequences and alter the nature of international relations.

Progress

56% Bias Score

Decent Work and Economic Growth