Tag #Trade War

theglobeandmail.com
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Trump Tariffs Spark Canada-U.S. Protests

Canadian protests erupted in Vancouver and Ottawa against President Trump's 25% tariffs on Canadian goods and 10% on energy, straining personal relationships and highlighting broader economic consequences; demonstrators shared personal anecdotes illustrating the human cost.

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48% Bias Score

Peace, Justice, and Strong Institutions
smh.com.au
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China's Record Deficit to Counter Economic Slowdown and US Tariffs

China announced a record budget deficit of 5.66 trillion yuan ($1.24 trillion) to boost its slowing economy and counter US tariffs, aiming for 5% GDP growth and prioritizing high-tech development; Premier Li Qiang also dropped the 'peaceful reunification' reference for Taiwan.

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40% Bias Score

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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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36% Bias Score

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kathimerini.gr
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US Economy Faces Downturn Amidst Trade War and Falling Consumer Spending

Unexpectedly low January consumer spending, coupled with rising unemployment and President Trump's new tariffs on Mexico, Canada, and China, has sent the US economy into a downward spiral, fueled by record low consumer confidence and negative GDP forecasts.

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52% Bias Score

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dailymail.co.uk
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Tariffs Increase New Home Prices, Pricing Out Thousands of Potential Buyers

New tariffs on imported building materials, particularly lumber from Canada, are expected to increase new home prices by \$7,500 to \$10,000, potentially pricing out 106,000 buyers per \$1,000 increase, while a plan to increase domestic lumber production is expected to take three years.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
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Oil Prices Fall on OPEC+ Output and Trade War Concerns

Global oil prices declined for a third day on Wednesday, with Brent crude falling to $69.57 and WTI to $66.49 per barrel, driven by OPEC+'s planned output increase and escalating U.S.-led trade tensions resulting in reduced economic growth and fuel demand.

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32% Bias Score

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abcnews.go.com
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US Tariff Increases Trigger Market Downturn, Raising Global Economic Concerns

Increased US tariffs on imports from China, Canada, and Mexico caused a market downturn on Tuesday, wiping out post-election gains in the S&P 500 and prompting retaliatory actions, raising concerns of a global economic slowdown; the S&P 500 fell 1.2%, the Dow 1.6%.

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52% Bias Score

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theguardian.com
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German Fiscal Loosening Triggers Market Rally

Germany's prospective coalition government, CDU/CSU and SPD, agreed to significantly relax the country's fiscal rules, prompting a major rally in European markets; the Dax index in Frankfurt surged nearly 3%, the euro rose 0.6%, and bond yields jumped.

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48% Bias Score

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theglobeandmail.com
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Trump Grants Temporary Tariff Reprieve on Autos Amidst Trade War

President Trump granted a 30-day tariff reprieve on Canadian and Mexican autos, aiming to shift production to the U.S., while imposing new tariffs on April 2nd, despite lacking evidence to support his claims of Canadian complicity in the fentanyl crisis.

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56% Bias Score

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theglobeandmail.com
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Trump Imposes Tariffs on Canada and Mexico, Threatens Further Action

In a contentious address to Congress, President Trump announced 25% tariffs on Canadian and Mexican goods, citing unfair trade practices and large deficits, while also threatening further retaliatory tariffs and promoting a vision of American societal and global dominance.

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80% Bias Score

Reduced Inequality
theglobeandmail.com
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B.C. Budget Projects Significant Losses Due to US Tariffs

British Columbia's budget, released hours after the US imposed tariffs on Canadian exports, forecasts a $1.7-$3.4 billion annual revenue loss for the next three years, resulting in a larger deficit, slower economic growth (0.3%), 45,000 job losses by 2029, and increased debt; the budget prioritizes ...

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48% Bias Score

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gr.euronews.com
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Trump Announces Retaliatory Tariffs, Expresses Optimism for Ukraine Peace Deal

President Trump's State of the Union address detailed plans for retaliatory tariffs against numerous countries starting April 2nd, alongside expressions of optimism for a Ukraine peace deal following a letter from President Zelensky and discussions with Russia.

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56% Bias Score

Peace, Justice, and Strong Institutions