Tag #Trade War

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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aljazeera.com
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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.

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theglobeandmail.com
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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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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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abcnews.go.com
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Trump's Tariffs Spark Trade War with Canada, Mexico, and China

President Trump imposed significant tariffs on goods from Canada, Mexico, and China on Tuesday, prompting immediate retaliatory tariffs and a stock market downturn. The tariffs are based on disputed claims about drug smuggling, causing a significant escalation of tensions between the U.S. and its ne...

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forbes.com
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Trump's Aggressive Tariffs Risk Global Economic Slowdown

President Trump has imposed 25% tariffs on imports from Canada and Mexico, and raised duties on Chinese goods by 20%, escalating trade tensions and potentially impacting $2 trillion in US imports; retaliatory measures are underway from Canada and China, while Mexico is to announce its response on Ma...

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bbc.com
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Trump Addresses Congress, Unveiling Controversial Second-Term Agenda

In his first address to Congress since returning to power, President Trump outlined his second-term agenda, marked by significant cuts to government spending, a crackdown on immigration, and a trade war with several countries, prompting protests from Democrats.

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kathimerini.gr
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Global Markets Plunge After Trump's New Tariffs

Donald Trump's announcement of new tariffs on Canada, Mexico, and China on February 28th, 2024, caused a global stock market downturn, with investors shifting funds to safer assets like gold and bonds.

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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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theglobeandmail.com
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U.S.-Canada Trade War: $30 Billion in Retaliatory Tariffs

The United States imposed a 25 percent tariff on most Canadian imports, prompting Canada to retaliate with $30 billion in countertariffs, impacting various sectors and potentially leading to significant job losses and economic contraction.

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mk.ru
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Trump's Lengthy State of the Union Address Highlights Controversial Policies and Trade War

In a prime-time address to Congress, lasting 1 hour and 40 minutes, President Trump boasted of his administration's achievements, including reducing the federal government with the help of Elon Musk, initiating a trade war against three major trade partners, and pushing controversial domestic polici...

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tr.euronews.com
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China Announces Stimulus Package Amidst Rising US Trade Tensions

China set a 5% GDP growth target for 2025, raising its budget deficit to 4% of GDP and lowering its inflation target to 2% to counter the impact of increased US tariffs on Chinese goods, which prompted retaliatory tariffs from China on US agricultural products.

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