Tag #Trade War

africa.chinadaily.com.cn
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US Imposes Sweeping Tariffs, Sparking Economic and Geopolitical Concerns

The US imposed a 25% tariff on all steel and aluminum imports on February 10th, alongside a reciprocal tariff policy, aiming to counter China's rise and maintain control over Europe, despite warnings of significant economic consequences for American consumers and global trade.

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52% Bias Score

Reduced Inequality
german.china.org.cn
🌐 75% Global Worthiness
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India to Impose Temporary Tariffs on Chinese Steel Imports

India plans to temporarily impose a 15-25% tariff on Chinese steel imports starting in six months due to increased competition and record-high imports from China in the fiscal year ending March 2024, raising concerns about its impact on the Indian steel industry's competitiveness and global trade re...

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48% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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Trump's Steel Tariffs Spark EU Retaliation

President Trump imposed a 25% tariff on steel and aluminum imports starting March 12, canceling deals with the EU and prompting retaliatory threats from the EU, targeting US exports to Republican states.

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40% Bias Score

Decent Work and Economic Growth
french.china.org.cn
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EU-China EV Trade Dispute: Tariffs Challenged in Court

On January 27th, Tesla and BMW challenged EU tariffs on Chinese EVs in the EU Court of Justice, raising concerns about trade tensions and the EU's approach to competition in the green energy sector.

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52% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Canadian Premiers Meet with White House to Discuss Trump Tariffs

Canadian premiers met with senior White House advisors to discuss President Trump's tariffs; Prime Minister Trudeau warned of U.S. job losses; Canada's fentanyl czar plans a U.S. trip; Tim Hortons seeks to switch to Canadian suppliers.

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36% Bias Score

Decent Work and Economic Growth
dw.com
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Trump Secures Concessions from Allies Through Tariff Threats

Within two weeks of his return, President Trump pressured Mexico, Canada, Colombia, and Panama into concessions using threats of tariffs, temporarily avoiding their imposition in exchange for increased border security and other agreements, although the long-term effects are debated.

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44% Bias Score

Reduced Inequality
theglobeandmail.com
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Trump's Tariffs to Cripple North American Auto Industry

President Trump's planned 25 percent tariffs on Canadian and Mexican auto parts, starting as early as March, will severely disrupt the North American auto industry, according to Magna International CEO Swamy Kotagiri, who estimates a 20 percent reduction in 2025 earnings before interest and taxes if...

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44% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Modi and Trump Meet Amidst US Tariff Concerns

Indian Prime Minister Narendra Modi met with President Trump at the White House on Thursday to discuss trade amidst the backdrop of new US tariffs on steel, aluminum, and goods from countries imposing higher tariffs on US products; India is the United States' 10th largest trading partner, and the US...

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40% Bias Score

Decent Work and Economic Growth
nrc.nl
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Trump Escalates Trade War Against China

Donald Trump has escalated his trade war against China by imposing new tariffs and restricting its activities in Latin America, aiming to counter China's global economic influence. This follows previous trade disputes under both Trump and Biden, exacerbating the economic conflict.

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60% Bias Score

Peace, Justice, and Strong Institutions
dw.com
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EU Weighs Measured Response to US Tariffs, Prioritizing Collaboration

Facing US tariffs, the EU is planning a proportional response, balancing retaliatory measures with a continued offer of positive collaboration, considering the economic impact on sectors like steel (18,000 directly employed and 80,000 indirectly in Poland, 300,000 directly and over 2.3 million indir...

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52% Bias Score

Decent Work and Economic Growth
forbes.com
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Trump Announces Reciprocal Tariffs, Economists Predict Inflation Increase

President Trump announced reciprocal tariffs on imported goods, potentially beginning this spring, aiming to match tariffs imposed by other countries on U.S. imports; economists predict this will increase inflation by 0.5 percentage points annually if consumers absorb the entire cost.

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36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Delays Tariffs, but Service Trade Retaliation Looms

President Trump's delay of tariffs on Canadian imports, prompted by Canada's planned retaliatory tariffs targeting Republican states, may be temporary due to his focus on reducing the US trade deficit and funding tax cuts, but a coordinated response from allies targeting US services trade surpluses ...

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36% Bias Score

Decent Work and Economic Growth