Tag #Trade War

Showing 25 to 36 of 3,031 results

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Merz-Trump Meeting: Tariffs and the Future of Transatlantic Relations

German Chancellor Friedrich Merz will meet with US President Donald Trump to discuss tariffs, which German newspapers criticize as counterproductive and harmful to American consumers, while advocating for a confident and equal European response.

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us.cnn.com
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ECB Cuts Interest Rate to 2%, Following Drop in Eurozone Inflation

The European Central Bank cut its main interest rate to 2% on Thursday, its eighth reduction since June 2024, in response to falling inflation (1.9% year-on-year) below the ECB's 2% target. This decision has drawn criticism from President Trump, who is pressuring the Federal Reserve to lower US inte...

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Trump's Tariffs Squeeze US Businesses, Consumers

President Trump's tariffs are significantly impacting the US economy, causing uncertainty among businesses and consumers, affecting hiring, prices, and sales across various sectors, with an initial buying spree now showing signs of slowing.

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ECB Cuts Interest Rate to 2%, Eighth Reduction Since June 2024

The European Central Bank cut its main interest rate to 2% on Thursday, its eighth reduction since June 2024, due to slowing inflation (1.9% year-on-year) falling below its 2% target; this decision risks further pressure on the US Federal Reserve to lower rates amid ongoing trade tensions between th...

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french.china.org.cn
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US Doubles Steel and Aluminum Tariffs, EU to Retaliate

The United States doubled tariffs on steel and aluminum imports from 25% to 50%, effective June 4th, prompting the European Union to announce retaliatory measures, escalating trade tensions and potentially harming European steel producers already facing weak demand.

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nbcnews.com
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U.S. Economy Contracts Amidst Tariff Uncertainty

A Federal Reserve report reveals a slight U.S. economic contraction over the past six weeks due to slowed hiring and tariff-related price increases, impacting consumer and business decisions; inflation is rising moderately but is expected to accelerate, with tariffs mentioned 122 times in the report...

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theglobeandmail.com
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China Criticizes Canada's EV Tariffs, Warns Against U.S. Alignment

China's ambassador to Canada criticized Canada's 100 percent tariffs on Chinese electric vehicles, impacting investment and creating a trade war involving retaliatory tariffs on Canadian goods like canola oil and peas; he also warned against Canada's alignment with the U.S. against China, calling it...

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40% Bias Score

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china.org.cn
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Mixed U.S. Stock Market Reaction to Weak Hiring Data and Trade Tensions

U.S. stocks closed mixed on Wednesday, with the Dow down 0.22 percent, the S&P 500 slightly up, and the Nasdaq up 0.32 percent, due to weak May hiring data (37,000 jobs added), contraction in the service sector, and increased U.S.-China trade tensions following a tariff hike.

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theglobeandmail.com
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Record Canadian Trade Deficit Amidst U.S. Tariff Impact

Canada's April trade deficit hit a record $7.1 billion due to a 10.8 percent drop in merchandise exports, largely caused by U.S. tariffs impacting various sectors, especially motor vehicles and crude oil, despite some increase in exports to other countries.

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Trump, Xi Express Optimism on Resolving Trade Tensions After Phone Call

Following a 90-minute phone call, Presidents Trump and Xi Jinping expressed optimism about resolving trade tensions, agreeing to future economic talks and mutual visits, focusing solely on trade issues and highlighting progress on rare earth mineral restrictions.

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Imminent Trump-Xi Call to Address Escalating US-China Trade War

An imminent phone call between President Trump and China's Xi Jinping aims to resolve the escalating US-China trade war, marked by disagreements over tariffs, critical minerals, and negotiation styles, with the potential to significantly impact global economics.

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sueddeutsche.de
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ECB Lowers Interest Rates Amid Inflation Drop, Global Trade Uncertainty

The European Central Bank (ECB) lowered interest rates in response to inflation falling to 1.9 percent in May, prompting uncertainty about further cuts while concerns remain about potential global trade conflicts causing stagflation.

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48% Bias Score

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Showing 25 to 36 of 3,031 results