Tag #Trade War

theglobeandmail.com
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Canada's Economy Suffers as US Tariffs Weigh In

Bank of Canada Governor Tiff Macklem warns that US President Trump's threatened tariffs on Canadian and Mexican imports are already hurting both countries' economies, with prolonged uncertainty potentially causing further damage; in a benchmark scenario with retaliatory tariffs, Canada's GDP growth ...

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36% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
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US Tariffs Raise Concerns for Japanese Businesses

The US imposed tariffs on Canada, Mexico, and China, prompting concerns from Japanese businesses, particularly in the auto sector, due to their reliance on Mexican and Canadian supply chains; the Japanese government is assessing the situation and providing support.

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56% Bias Score

Decent Work and Economic Growth
es.euronews.com
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EU Prepares Multi-Pronged Response to Potential US Tariffs

The European Union is preparing a multi-faceted response to potential new tariffs from the United States, including targeted tariffs on consumer goods, utilizing its new anti-coercion instrument, and potentially leveraging defense spending and digital regulations.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump-Ishiba Meeting: Japan Offers Concessions Amid US-China Trade War

US President Donald Trump will meet with Japanese Prime Minister Shigeru Ishiba on Friday to discuss trade and security issues amid a rising trade war with China; Japan is preparing economic concessions to mitigate potential trade disruptions and maintain its alliance with the US.

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48% Bias Score

Decent Work and Economic Growth
taz.de
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Panama Leaves China's Belt and Road Initiative Amidst US Pressure

Panama withdrew from China's Belt and Road Initiative, citing lack of benefits, amidst rising US-China tensions over the Panama Canal, which generates $5 billion annually for Panama and through which 21% of goods bound for or from China pass.

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44% Bias Score

Reduced Inequality
cnbc.com
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Trump Tariffs Fuel Inflation Fears, Sending Consumer Sentiment Plunging

The University of Michigan's February consumer survey showed a sharp rise in expected inflation to 4.3% due to President Trump's tariffs, impacting consumer sentiment and the stock market; the survey ran from January 21 to February 3, 2017.

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44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
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US Tariffs Spark Concerns for Japan's Economy

The US imposed tariffs on Canada, Mexico, and China, causing concern in Japan due to its substantial supply chains in these regions; the Japanese government and businesses are closely monitoring the potential economic impact.

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48% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 85% Global Worthiness
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Trump's Tariff Threats Highlight Mexico's Precarious Economic Dependence on US"

Facing threatened US tariffs, Mexican President Claudia Sheinbaum initially expressed optimism, but President Trump ultimately imposed, then lifted tariffs after a month-long reprieve, highlighting Mexico's significant economic dependence on the US and its vulnerability to trade disputes.

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36% Bias Score

Decent Work and Economic Growth
pt.euronews.com
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EU Weighs Retaliatory Measures Against Potential US Tariffs

Facing potential US tariffs, the EU plans retaliatory measures including targeted tariffs and use of its new anti-coercion instrument; however, maintaining EU unity amidst potential bilateral deals with the US is a challenge.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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U.S. Tariffs Threaten Canadian Housing Market

Looming U.S. tariffs threaten to increase Canadian construction costs by 4 percent, disrupting supply chains and potentially causing a recession in the home building industry; meanwhile, the death of Halifax developer Steven M. Cary has left millions in debt and several properties, including the Hal...

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48% Bias Score

Reduced Inequality
nrc.nl
🌐 85% Global Worthiness
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Canadian Consumers Boycott US Goods Amidst Tariff Threats

In response to President Trump's threatened tariffs, Canadian consumers are actively boycotting US products, prioritizing Canadian alternatives despite challenges in identifying and accessing them; this reflects both economic concerns and a sense of national unity.

Progress

36% Bias Score

Responsible Consumption and Production
forbes.com
🌐 90% Global Worthiness
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Trump Tariffs Trigger Global Trade Repercussions

President Trump's tariffs on Canada, Mexico, and China led to China canceling \$15.06 billion in US soybean orders, highlighting the interconnectedness of global trade and the potential for unintended consequences, as other nations like Brazil and Russia benefit while the US faces economic repercuss...

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52% Bias Score

Peace, Justice, and Strong Institutions