Tag #Trade War

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lefigaro.fr
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Toyota Forecasts 35% Profit Drop Due to US Tariffs

Toyota projects a 35% drop in net profit for 2025-2026 due to over €1 billion in US tariffs on imported vehicles and parts; the company plans to adjust US deliveries and increase local production to mitigate the impact.

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dw.com
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Trump to Announce Major US-UK Trade Deal

US President Donald Trump will announce a major trade deal with the United Kingdom on Thursday at 10 a.m. in Washington, DC, potentially involving reciprocal tariff reductions on cars and digital services, as the UK seeks to expand global trade ties post-Brexit and the US aims to de-escalate trade t...

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theglobeandmail.com
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Rising Retirement Age in Canada: From 60.9 in 1998 to 65.3 in 2024

The average Canadian retirement age has risen from 60.9 in 1998 to 65.3 in 2024, driven by financial market instability, reduced pension surpluses, increased longevity, higher home prices, and greater family financial obligations, suggesting a long-term trend toward later retirement.

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dw.com
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EU Threatens \$95 Billion in Retaliatory Tariffs Against US

The European Union announced potential retaliatory tariffs on \$95 billion of US goods, including cars, planes, and food, in response to US tariffs on European goods, and filed a WTO lawsuit against US trade policies; the EU emphasizes a commitment to negotiation but is preparing countermeasures.

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bbc.com
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Fed Holds Rates Amidst Trump Tariff Uncertainty

The US Federal Reserve held interest rates steady at approximately 4.3% on Wednesday, despite President Trump's requests for a reduction, due to uncertainty caused by his newly implemented import tariffs; this follows a 0.3% contraction in the US economy in Q1 2019, though unemployment is low at 4.2...

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nbcnews.com
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Trump Tariffs Backfire: Higher Costs, Falling Demand Hit US Manufacturers

President Trump's tariffs on imported goods, intended to revive American manufacturing, have instead led to higher costs, falling demand, and job losses for many U.S. manufacturers, prompting some companies to consider moving production overseas while others experience increased domestic sales but a...

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48% Bias Score

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lefigaro.fr
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Fed Holds Interest Rates Amidst Tariff Uncertainty

The Federal Reserve held interest rates steady at 4.25%-4.50% due to uncertainty surrounding the economic impact of President Trump's new tariffs, despite a slight GDP decline and relatively stable inflation and unemployment figures; the decision follows two days of deliberation and awaits further e...

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npr.org
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Fed Holds Interest Rates Steady Amidst Tariff Uncertainty

The Federal Reserve held interest rates steady despite President Trump's pressure to lower them, citing uncertainty surrounding the economic impact of recent tariffs imposed on various imported goods, particularly from China; current low unemployment (4.2%) and moderately elevated inflation allows f...

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cnnespanol.cnn.com
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Fed Holds Rates Steady Amidst Trump Tariff Uncertainty

The Federal Reserve maintained interest rates at 4.25%-4.5% on Wednesday, pausing to evaluate the US economy's response to President Trump's tariffs which caused a first-quarter contraction, the first since 2022, despite April's positive job growth and stable unemployment.

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es.euronews.com
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EU-China Relations Shift Amidst Russia Ties and Trump's Return

The European Union and China are signaling renewed diplomatic engagement, celebrating 50 years of relations despite China's alliance with Russia, prompting a reassessment of EU-China relations influenced by the return of Donald Trump to the White House.

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theglobeandmail.com
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Shopify Q1 Beats Estimates but Stock Slumps on Outlook

Shopify exceeded Q1 2024 revenue expectations at $2.4 billion (up 27 percent), but its stock fell due to a less-than-stellar outlook; the company cites a high-income customer base and proactive tariff mitigation strategies as key to its success.

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aljazeera.com
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US, China to Hold Trade Talks Amidst Tariff War

US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet with Chinese Vice Premier He Lifeng in Switzerland this week for trade talks aimed at de-escalating tensions caused by a trade war that includes 145 percent US tariffs on Chinese goods and 125 percent retaliatory t...

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Showing 517 to 528 of 3,160 results