Tag #Trade War

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IMF Raises Global Growth Forecast Amidst Tariff Uncertainties

The IMF slightly raised its global economic growth forecast to 3% for 2023 and 3.1% for 2024, citing reduced trade barriers and agreements, but warns of uncertainties surrounding US tariffs and the new US-EU trade deal.

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cnn.com
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US-China Trade Talks Conclude Without Tariff Deal, But Optimism Remains

US and Chinese trade negotiators concluded a two-day meeting in Stockholm without a resolution on tariffs, but expressed optimism for a deal to extend a pause on tariffs set to resume on August 12, with rare-earth mineral export controls remaining a sticking point.

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europe.chinadaily.com.cn
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US Tariffs Threaten €400 Million in French Wine Exports

US tariffs on European wine threaten €400 million (20%) of Bordeaux's annual wine exports to the US; uncertainty around the final tariff rate (potentially 15%) causes significant anxiety among producers, with some reporting a 50% drop in turnover since January.

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40% Bias Score

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elmundo.es
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EU Concedes in US Trade Deal, Potentially Undermining Free Trade Principles

The EU and US reached a trade agreement where the EU made significant concessions to avoid a trade war, involving a 15% general tariff (higher for steel and aluminum), potentially jeopardizing its commitment to free trade principles and multilateralism.

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bbs.chinadaily.com.cn
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US Tariffs to Slash German Automakers' Cash Flow by Over $11 Billion

US tariffs are causing over "10 billion euros ($11.7 billion)" in cash flow losses for top German automakers in 2025, despite a US-EU trade agreement imposing a 15 percent tariff on EU goods.

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elmundo.es
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EU Averts Trade War With US, But at a Steep Economic Cost

After four months of tense negotiations, the EU and US avoided a trade war by agreeing to a deal where the EU accepted 15% tariffs on most US exports and committed to purchasing $750 billion in US energy and investing $600 billion in the US, causing widespread criticism within the EU.

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cnn.com
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Trump's Tariff Deadline: US Businesses Face Uncertain Fate

President Trump's August 1st tariff deadline leaves thousands of US businesses facing higher costs or closure due to months of unpredictable trade policy, impacting consumers through higher prices and reduced product availability.

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edition.cnn.com
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US-China Trade Talks End Inconclusively; Tariff Decision Pending

US and Chinese trade negotiators concluded a two-day meeting in Stockholm without a resolution on tariffs, leaving the decision to extend a tariff pause to President Trump. While both sides expressed optimism, disagreements remain on rare-earth minerals and economic restructuring.

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dw.com
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EU-US Trade Deal Reached: 15% Tariff, Mixed Reactions

The EU and US reached a trade agreement on July 27th, imposing a 15% tariff on most EU exports, prompting mixed reactions; while markets initially celebrated, critics condemned the deal as unfavorable to the EU.

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usa.chinadaily.com.cn
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US Tariffs Cloud Future for Bordeaux Wine Exports

French winemakers in Bordeaux, whose top export market is the US (€400 million annually, 20% of sales), face uncertainty over US tariffs following a recent US-EU trade deal; while tariffs are expected, the exact rates remain unclear, creating instability and threatening sales.

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theglobeandmail.com
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U.S.-E.U. Trade Deal Sets Precedent with 15% Tariff

The U.S. and E.U. agreed to a trade deal imposing a 15% tariff on most imports, with exceptions; this sets a precedent for future negotiations and includes vague purchase and investment commitments from the E.U. to the U.S.

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dw.com
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EU-US Trade Deal Averted Trade War, but at a Cost

The EU and US reached a trade agreement on July 27th, imposing a 15% tariff on most EU exports to the US, avoiding a larger trade war but sparking criticism for being too concessionary and potentially burdening German businesses with €6.5 billion in extra costs.

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48% Bias Score

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Showing 337 to 348 of 3,850 results