Tag #Trade War

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africa.chinadaily.com.cn

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May 12, 10:12

Trump's "America First" Trade Policy Faces Challenges Amid Deep US-China Interdependence

President Trump's "America First" agenda, detailed in a January 20 executive order, aims to reduce US reliance on China, but faces challenges due to deep trade ties; the 2018-2019 trade war led to a 24% increase in farm bankruptcies and a $27 billion loss, while current tariffs threaten US ports and...

Trump's "America First" Trade Policy Faces Challenges Amid Deep US-China Interdependence

President Trump's "America First" agenda, detailed in a January 20 executive order, aims to reduce US reliance on China, but faces challenges due to deep trade ties; the 2018-2019 trade war led to a 24% increase in farm bankruptcies and a $27 billion loss, while current tariffs threaten US ports and...

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Zero Hunger

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How have previous trade disputes between the US and China impacted specific US industries, and what lessons can be learned for future trade strategies?

While aiming to boost domestic industries and reduce reliance on foreign supply chains, the US's extensive trade ties with China, particularly in sectors like agriculture and rare earth minerals, pose considerable obstacles to immediate decoupling. High tariffs on Chinese goods negatively impact US businesses and consumers, as seen in the 35% decrease in shipments at the Port of Los Angeles.

kathimerini.gr

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May 12, 01:09

US-China Trade Talks Yield Significant Progress in Geneva

US-China trade talks in Geneva yielded "substantial progress," according to both sides, with a joint statement expected Monday, establishing a consultation mechanism, and emphasizing continued dialogue to resolve trade disputes, though China warned it would "fight to the end" if the US persists.

US-China Trade Talks Yield Significant Progress in Geneva

US-China trade talks in Geneva yielded "substantial progress," according to both sides, with a joint statement expected Monday, establishing a consultation mechanism, and emphasizing continued dialogue to resolve trade disputes, though China warned it would "fight to the end" if the US persists.

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Decent Work and Economic Growth

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What immediate impacts resulted from the US-China trade talks in Geneva?

In Geneva, US-China trade talks yielded significant progress, according to Chinese Vice Premier He Lifeng. Both sides described the discussions as "serious, in-depth, and constructive," with a joint statement expected Monday. Further talks and a consultation mechanism were agreed upon.

kathimerini.gr

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May 11, 10:10

Trump Claims 'Full Reboot' of US-China Trade Relations Following Geneva Talks

US President Donald Trump announced "great progress" in US-China trade talks in Geneva, aiming for a "full reboot" of trade relations; however, experts caution that even significant tariff reductions may not fully restore normal trade.

Trump Claims 'Full Reboot' of US-China Trade Relations Following Geneva Talks

US President Donald Trump announced "great progress" in US-China trade talks in Geneva, aiming for a "full reboot" of trade relations; however, experts caution that even significant tariff reductions may not fully restore normal trade.

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Decent Work and Economic Growth

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How did the imposition of high tariffs by both the US and China impact global markets and bilateral trade?

Trump's positive assessment follows months of strained relations marked by high tariffs imposed by both sides, virtually halting bilateral trade and causing global market disruptions. The talks, led by US Treasury Secretary Steven Mnuchin and Chinese Vice Premier He Lifeng, aim to de-escalate tensions.

dailymail.co.uk

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May 11, 22:09

U.S.-China Trade Deal Announced

Following two days of talks in Switzerland, the Trump administration announced a trade deal with China aimed at reducing trade tensions, after the U.S. imposed a 145 percent tariff on Chinese goods, creating a $1.2 trillion trade deficit.

U.S.-China Trade Deal Announced

Following two days of talks in Switzerland, the Trump administration announced a trade deal with China aimed at reducing trade tensions, after the U.S. imposed a 145 percent tariff on Chinese goods, creating a $1.2 trillion trade deficit.

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Decent Work and Economic Growth

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What were the primary factors leading to the imposition of tariffs and the subsequent trade negotiations?

This agreement follows the Trump administration's imposition of worldwide tariffs, creating a $1.2 trillion trade deficit that prompted the declaration of a national emergency. The talks, held in Switzerland, suggest a potential shift in trade relations, though details remain to be released. The speed of the agreement implies that the differences between the nations may not have been as significant as previously thought.

bbc.com

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May 11, 04:09

Trump's Policies Cause Sharp Decline in US-Canada Border Crossings

President Trump's tariffs and statements about Canada have caused a 17% decrease in US-Canada border crossings and a 32% drop in Canadian car trips to the US since their implementation, significantly impacting border towns' economies.

Trump's Policies Cause Sharp Decline in US-Canada Border Crossings

President Trump's tariffs and statements about Canada have caused a 17% decrease in US-Canada border crossings and a 32% drop in Canadian car trips to the US since their implementation, significantly impacting border towns' economies.

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Decent Work and Economic Growth

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How has the reduced cross-border traffic affected specific businesses in border towns, and what are the underlying causes of these impacts?

The economic interdependence of border towns like Port Huron and Sarnia is clearly demonstrated by the impact of reduced cross-border traffic. The decrease in Canadian tourism and shopping is causing significant financial hardship for businesses such as restaurants and duty-free stores. This situation highlights the vulnerability of economies heavily reliant on international trade and tourism.

elpais.com

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May 11, 10:10

Exploiting US Economic Vulnerabilities to Counter Trump's Trade Policies

The article analyzes the vulnerabilities of the US economy exposed by Trump's trade policies, suggesting that coordinated retaliatory tariffs by other countries, particularly targeting key export sectors, could effectively pressure the US to reverse its protectionist stance.

Exploiting US Economic Vulnerabilities to Counter Trump's Trade Policies

The article analyzes the vulnerabilities of the US economy exposed by Trump's trade policies, suggesting that coordinated retaliatory tariffs by other countries, particularly targeting key export sectors, could effectively pressure the US to reverse its protectionist stance.

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Reduced Inequality

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How did Trump's response to pressure from his billionaire friends reveal a weakness in his trade policy?

Trump's aggressive trade policies, while seemingly strong, revealed a fundamental weakness: he yielded to pressure when his billionaire friends' interests were threatened. This vulnerability can be exploited by coordinated international action.

faz.net

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May 12, 10:11

US and China Agree to 90-Day Tariff Suspension

The US and China agreed to a 90-day suspension of most mutual import tariffs, with the US lowering tariffs on Chinese imports from 145 percent to 30 percent and China lowering tariffs on US imports from 125 percent to 10 percent, leading to positive reactions in international financial markets.

US and China Agree to 90-Day Tariff Suspension

The US and China agreed to a 90-day suspension of most mutual import tariffs, with the US lowering tariffs on Chinese imports from 145 percent to 30 percent and China lowering tariffs on US imports from 125 percent to 10 percent, leading to positive reactions in international financial markets.

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Decent Work and Economic Growth

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How does this agreement compare to previous trade policies between the US and China?

This agreement signifies a significant de-escalation of trade tensions between the US and China. The reduction in tariffs is expected to positively impact global trade and economic growth, as evidenced by the positive reactions in international financial markets (e.g., Dax up 1.5 percent, Hang Seng up over 3 percent). The establishment of a consultation mechanism further suggests a commitment to improved bilateral relations.

dw.com

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May 12, 04:07

US-China Trade Talks Report "Substantial Progress" in Geneva

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng led trade talks in Geneva, reporting "substantial progress" in de-escalating trade tensions between the US and China, with further details expected Monday.

US-China Trade Talks Report "Substantial Progress" in Geneva

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng led trade talks in Geneva, reporting "substantial progress" in de-escalating trade tensions between the US and China, with further details expected Monday.

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Decent Work and Economic Growth

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What immediate impacts resulted from the Geneva trade talks between the US and China?

US and Chinese officials reported "progress" in weekend trade talks in Geneva, aiming to de-escalate tensions and re-normalize trade relations. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng led their respective teams, expressing optimism about the "substantial progress" made. Further details are expected in a joint statement on Monday.

us.cnn.com

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May 11, 22:09

US, China Reach Trade Deal After High-Tariff Dispute

Following two days of high-level trade negotiations in Geneva, US and Chinese officials announced a deal to resolve trade tensions, potentially lessening the impact of the 145% tariffs imposed by the US last month that caused a 60% drop in Chinese goods shipped to the US.

US, China Reach Trade Deal After High-Tariff Dispute

Following two days of high-level trade negotiations in Geneva, US and Chinese officials announced a deal to resolve trade tensions, potentially lessening the impact of the 145% tariffs imposed by the US last month that caused a 60% drop in Chinese goods shipped to the US.

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Decent Work and Economic Growth

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What were the key negotiating points between the US and China, and how did these contribute to the reported agreement?

The agreement follows months of escalating tariffs between the US and China, significantly impacting global trade. The 145% tariffs imposed by the US caused a 60% drop in Chinese shipments, pushing up prices for American consumers and leading to the first US quarterly contraction since early 2022. China also experienced a sharp decline in exports and manufacturing activity.

bbc.com

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May 11, 10:10

Trump Declares "Total Reset" in US-China Trade Talks

Following the first day of US-China trade talks in Geneva, President Trump declared a "total reset" in relations, citing "very good" progress. The talks, between China's vice-premier He Lifeng and US Treasury Secretary Scott Bessent, aim to de-escalate the trade war sparked by US tariffs of 145% on ...

Trump Declares "Total Reset" in US-China Trade Talks

Following the first day of US-China trade talks in Geneva, President Trump declared a "total reset" in relations, citing "very good" progress. The talks, between China's vice-premier He Lifeng and US Treasury Secretary Scott Bessent, aim to de-escalate the trade war sparked by US tariffs of 145% on ...

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Decent Work and Economic Growth

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What were the stated positions of both the US and China going into these talks, and what specific concessions are each side seeking?

The "total reset" claim follows months of escalating trade conflict, marked by significant tariffs imposed by both the US and China. These tariffs have demonstrably impacted businesses on both sides; the BBC reported Chinese exporters struggling with US tariffs, while the US economy contracted in the first quarter of the year. This meeting in Geneva represents the first direct negotiation since the tariffs were implemented.

npr.org

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May 11, 04:09

Reduced Chinese Consumer Spending Challenges Economic Growth Amidst US Tariffs

Amidst President Trump's tariffs and China's economic slowdown, Chinese consumers are cutting back on spending, prioritizing savings and essential purchases over luxury items and discretionary spending, posing a significant challenge to the government's economic growth targets.

Reduced Chinese Consumer Spending Challenges Economic Growth Amidst US Tariffs

Amidst President Trump's tariffs and China's economic slowdown, Chinese consumers are cutting back on spending, prioritizing savings and essential purchases over luxury items and discretionary spending, posing a significant challenge to the government's economic growth targets.

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No Poverty

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How do the responses of individual Chinese consumers reflect the broader economic challenges and government policies?

The decreased consumer spending in China is directly linked to factors like job losses in sectors such as real estate and reduced confidence in the economy's future. This trend contrasts with the government's aim to boost economic growth through increased consumption, highlighting the complex interplay between individual financial anxieties and broader economic policies. The situation underscores the vulnerability of China's economy to both internal and external pressures.

us.cnn.com

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May 11, 16:08

Progress Made in US-China Trade Talks

President Trump announced "great progress" in US-China trade talks held in Switzerland, aiming to ease trade war tensions caused by high tariffs imposed by both countries; however, the US Treasury Secretary cautioned against expecting an immediate major trade deal.

Progress Made in US-China Trade Talks

President Trump announced "great progress" in US-China trade talks held in Switzerland, aiming to ease trade war tensions caused by high tariffs imposed by both countries; however, the US Treasury Secretary cautioned against expecting an immediate major trade deal.

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Decent Work and Economic Growth

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What immediate impacts resulted from the initial US-China trade talks in Switzerland?

US-China trade talks in Switzerland yielded progress, according to President Trump, signaling a potential easing of trade tensions. However, the US Treasury Secretary cautioned against expecting a major trade deal, emphasizing the talks aim to establish a constructive dialogue and agree on basic principles. Further talks are scheduled to continue today.

Showing 469 to 480 of 3,156 results