Tag #Trade War

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cbsnews.com
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Trump's Tariffs on Chinese Goods May Hike Toy Prices

President Trump's 10% tariff on Chinese imports may lead to price hikes for Mattel toys, impacting 20% of its global production; tariffs on goods from Mexico and Canada, currently paused, would add over \$1,200 annually to the cost for the average U.S. household, according to the Peterson Institute ...

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theglobeandmail.com
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US Tariff Threat Creates Economic Uncertainty in Windsor, Ontario

The potential imposition of US tariffs on Canadian goods creates significant economic uncertainty in Windsor, Ontario, threatening thousands of jobs and impacting various sectors, including manufacturing, agriculture, and healthcare, due to close economic and social ties with Detroit.

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64% Bias Score

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africa.chinadaily.com.cn
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US Tariffs Indirectly Impact Southeast Asia's Export-Dependent Economy

The US imposed tariffs on Canada, Mexico, and China, indirectly impacting Southeast Asia's export-dependent economy by potentially slowing global trade and reducing export revenues and investment. ASEAN nations are exploring diversification of trade partners to mitigate the effects.

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36% Bias Score

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elpais.com
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Trump Delays Tariffs on Mexico, Forcing USMCA Renegotiation

Donald Trump's one-month delay of a 25% tariff on Mexican imports offers temporary relief, but pressures Mexico to renegotiate the USMCA before its 2026 review to address US concerns over drug trafficking, migration, and trade imbalances.

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44% Bias Score

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bbc.com
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Trump's Tariff Threat: $6,250 Price Hike on Cars

President Trump's threatened 25% tariff on vehicles imported from Mexico and Canada could significantly increase car prices in the US by $6,250 on a $25,000 vehicle, impacting major automakers like Ford and GM who produce a significant portion of their vehicles in these countries, potentially leadin...

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theglobeandmail.com
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Global Equities Rise on Easing Trade Fears and Earnings

Global shares rose in a modest relief rally on February 2, 2024, as trade war fears eased and corporate earnings were released; major indexes opened higher in North America, Europe, and Asia, with energy shares and specific company results like those of BCE Inc., Bombardier Inc., and Lightspeed Comm...

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44% Bias Score

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bbc.com
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Trump's Tariff Threats Spark "Buy Canadian" Movement

President Trump's threatened 25% tariffs on Canadian goods sparked a surge in Canadian patriotism and a "Buy Canadian" movement, as evidenced by cancelled US trips and subscriptions, and increased support for local businesses; while a recent poll shows 91% of Canadians wanting to lessen their relian...

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40% Bias Score

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elpais.com
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Mexico's revised nearshoring strategy to counter Trump's tariffs

President Trump's tariffs threaten to reverse the nearshoring trend in Mexico, prompting a need for a revised strategy to attract US businesses and showcase Mexico's role in solving the US trade deficit, focusing on specific projects for mutual benefit.

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36% Bias Score

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edition.cnn.com
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Record Lunar New Year Spending Offers Temporary Boost to China's Economy

China's Lunar New Year holiday saw record-breaking tourism with 501 million trips and 677 billion yuan ($93 billion) in spending, exceeding 2024 levels by 5.9% and 7%, respectively; this surge, fueled by government initiatives and increased foreign tourism, offers a temporary boost to the struggling...

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48% Bias Score

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abcnews.go.com
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Trump's Tariff Threats Shake US-Mexico Border Economy

President Trump's threatened 25% tariffs against Mexico, despite a one-month reprieve, jeopardize the $800 billion USD in US-Mexico trade in 2024, causing uncertainty in Mexican border towns like Ciudad Juarez, where maquiladoras supplying the US market face potential closure and job losses.

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40% Bias Score

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welt.de
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Trump's Tariffs Backfire: Higher Prices, Political Risk

President Trump's imposition of tariffs on imports from Mexico, Canada, and China has resulted in higher prices for American consumers, contradicting his campaign promise to lower costs; this is causing a potential political backlash as the economic effects hurt his approval ratings.

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48% Bias Score

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cnbc.com
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Bank of England Cuts Interest Rates Amidst Weak UK Growth

The Bank of England unexpectedly cut its benchmark interest rate by 0.25 percentage points to 4.5% on Thursday, its first cut of 2025, citing weaker-than-expected economic growth and decreased inflation, despite potential inflationary risks from US tariffs and government fiscal policy.

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Showing 3,289 to 3,300 of 3,850 results