Tag #Trade War

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dw.com

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Jul 12, 19:14

Trump Imposes 30% Tariff on EU Goods; EU Vows Retaliation

US President Donald Trump announced a 30% tariff on all EU goods, effective August 1st, prompting immediate condemnation and promises of countermeasures from the EU and its member states.

Trump Imposes 30% Tariff on EU Goods; EU Vows Retaliation

US President Donald Trump announced a 30% tariff on all EU goods, effective August 1st, prompting immediate condemnation and promises of countermeasures from the EU and its member states.

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How do the reactions from individual EU member states reflect the bloc's overall approach to this trade dispute?

This tariff announcement follows weeks of trade negotiations and a previous threat of 50% tariffs if a deal wasn't reached by July 9th. The EU's response highlights the bloc's unity in the face of economic pressure from the US, and several member states, including France, Italy, and Germany, expressed concern about the potential impact on their economies.

forbes.com

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Jul 12, 01:12

EU-China Trade War Jeopardizes Upcoming Summit

Strained EU-China relations threaten their July summit due to escalating trade disputes, including increased tariffs and bans on medical devices, impacting global supply chains and economic stability.

EU-China Trade War Jeopardizes Upcoming Summit

Strained EU-China relations threaten their July summit due to escalating trade disputes, including increased tariffs and bans on medical devices, impacting global supply chains and economic stability.

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What are the immediate consequences of the escalating trade war between the EU and China, and how does it affect their planned summit?

The EU and China are experiencing significant trade disputes, impacting their upcoming summit. China recently increased tariffs on EU products, and the EU banned some Chinese medical devices, escalating tensions. Failure to resolve these issues could jeopardize the summit and broader cooperation.

abcnews.go.com

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Jul 12, 19:14

Trump's Erratic Trade Policies Spark Global Uncertainty

President Trump imposed new tariffs on Canada (35%), the European Union (30%), and Mexico (30%), escalating trade tensions and following a 50% tariff on Brazil due to political disagreements, despite limited success in achieving trade deals and causing uncertainty in global markets.

Trump's Erratic Trade Policies Spark Global Uncertainty

President Trump imposed new tariffs on Canada (35%), the European Union (30%), and Mexico (30%), escalating trade tensions and following a 50% tariff on Brazil due to political disagreements, despite limited success in achieving trade deals and causing uncertainty in global markets.

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What are the immediate economic consequences of President Trump's recent tariff announcements on key US trading partners?

President Trump's erratic trade policies are causing global uncertainty. He recently imposed new tariffs on Canada (35%), the European Union (30%), and Mexico (30%), escalating existing tensions. These actions follow a 50% tariff on Brazil and a planned increase in baseline tariffs on most imports from 10% to 20%.

zeit.de

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Jul 12, 16:12

US Imposes 30% Tariff on EU and Mexican Goods

President Trump announced on Truth Social a 30 percent import tariff on EU and Mexican goods starting August 1st, citing the need to address trade deficits, and threatening further escalation if retaliatory tariffs are imposed; the EU warned of significant supply chain disruptions and vowed to prote...

US Imposes 30% Tariff on EU and Mexican Goods

President Trump announced on Truth Social a 30 percent import tariff on EU and Mexican goods starting August 1st, citing the need to address trade deficits, and threatening further escalation if retaliatory tariffs are imposed; the EU warned of significant supply chain disruptions and vowed to prote...

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How does the US's stated aim of resolving trade deficits justify the imposition of these tariffs?

This action escalates the ongoing trade dispute between the US and the EU, potentially disrupting transatlantic supply chains and triggering retaliatory measures from the EU. Trump's justification centers on correcting years of trade deficits, while the EU expresses readiness to negotiate but will protect its interests. The 30% tariff is in addition to previously announced tariffs on other countries, including a 50% tariff on copper.

cnnespanol.cnn.com

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Jul 12, 01:12

Trump's Tariffs Poised to Hike Prices for American Consumers

President Trump's new tariffs, potentially reaching the highest average rate in over a century, are expected to significantly increase prices on various goods such as gas, appliances, electronics, clothing, and coffee, though some price increases have been buffered so far by stockpiling.

Trump's Tariffs Poised to Hike Prices for American Consumers

President Trump's new tariffs, potentially reaching the highest average rate in over a century, are expected to significantly increase prices on various goods such as gas, appliances, electronics, clothing, and coffee, though some price increases have been buffered so far by stockpiling.

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How will the increased tariffs affect the competitiveness of American businesses in the global marketplace?

Higher tariffs on imported goods, particularly from China and other Asian countries, will increase the cost of manufacturing and distribution for American businesses. This cost increase will be partially or fully passed on to consumers, leading to higher prices at retail. This is evidenced by the recent price increases in appliances, already impacted by existing tariffs.

usa.chinadaily.com.cn

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Jul 12, 04:12

China and US Agree to Strengthen Communication Amidst Trade Tensions

Chinese Foreign Minister Wang Yi and US Secretary of State Marco Rubio met in Kuala Lumpur on Friday, agreeing to improve communication and explore areas of cooperation amidst ongoing trade tensions; the meeting follows a 90-day pause on new tariffs and a prior phone conversation between Presidents ...

China and US Agree to Strengthen Communication Amidst Trade Tensions

Chinese Foreign Minister Wang Yi and US Secretary of State Marco Rubio met in Kuala Lumpur on Friday, agreeing to improve communication and explore areas of cooperation amidst ongoing trade tensions; the meeting follows a 90-day pause on new tariffs and a prior phone conversation between Presidents ...

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What immediate actions resulted from the China-US diplomatic meeting in Kuala Lumpur?

During a meeting in Kuala Lumpur, China and the US agreed to improve communication and explore cooperation areas while managing disagreements. Both sides described the meeting as positive and constructive, marking the first in-person meeting between top diplomats since January.

t24.com.tr

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Jul 12, 19:14

Trump Imposes 30% Tariffs on EU and Mexican Goods

President Trump announced 30% tariffs on EU and Mexican goods, starting August 1st, due to trade deficits and insufficient Mexican border security, prompting warnings from the EU about potential supply chain disruptions.

Trump Imposes 30% Tariffs on EU and Mexican Goods

President Trump announced 30% tariffs on EU and Mexican goods, starting August 1st, due to trade deficits and insufficient Mexican border security, prompting warnings from the EU about potential supply chain disruptions.

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What are the underlying causes of Trump's decision to impose these tariffs?

Trump's actions represent a significant escalation of trade tensions with both the EU and Mexico. The EU has warned that these tariffs will disrupt supply chains and harm businesses and consumers. Mexico has not yet responded publicly.

lefigaro.fr

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Jul 12, 22:10

Trump Imposes 30% Tariffs on Mexico and EU Goods

President Trump imposed 30% tariffs on Mexican and EU goods, effective August 1st, citing drug trafficking and trade imbalances; the EU criticized the decision but remains open to negotiations, while Trump threatened further increases if retaliatory measures are taken.

Trump Imposes 30% Tariffs on Mexico and EU Goods

President Trump imposed 30% tariffs on Mexican and EU goods, effective August 1st, citing drug trafficking and trade imbalances; the EU criticized the decision but remains open to negotiations, while Trump threatened further increases if retaliatory measures are taken.

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What are the potential long-term implications of this trade dispute, and what factors could influence its resolution?

The impact of these tariffs will likely disrupt transatlantic supply chains, affecting businesses and consumers on both sides. Further retaliatory measures from the EU could trigger a broader trade war, potentially impacting global economic growth. The outcome hinges on the success of ongoing negotiations and the willingness of both sides to compromise.

welt.de

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Jul 12, 19:14

EU Prepares for Trade War as Trump Threatens Tariffs

Facing President Trump's threat of 30% tariffs on EU exports by August 1st, the EU seeks a negotiated solution but is prepared to retaliate with its own tariffs on US imports if a deal is not reached.

EU Prepares for Trade War as Trump Threatens Tariffs

Facing President Trump's threat of 30% tariffs on EU exports by August 1st, the EU seeks a negotiated solution but is prepared to retaliate with its own tariffs on US imports if a deal is not reached.

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What are the immediate consequences if the US imposes a 30% tariff on EU exports, and how will the EU respond?

The EU, while seeking a negotiated solution with the US by August 1st, is prepared to impose retaliatory tariffs on US imports if negotiations fail. A 30% tariff on EU exports would disrupt transatlantic supply chains, harming businesses and consumers on both sides.

lexpress.fr

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Jul 12, 19:14

US Imposes 30% Tariffs on EU and Mexican Goods

President Trump announced 30% tariffs on EU and Mexican goods starting August 1st, citing drug trafficking concerns with Mexico and trade imbalances with the EU, potentially disrupting transatlantic supply chains and escalating trade tensions.

US Imposes 30% Tariffs on EU and Mexican Goods

President Trump announced 30% tariffs on EU and Mexican goods starting August 1st, citing drug trafficking concerns with Mexico and trade imbalances with the EU, potentially disrupting transatlantic supply chains and escalating trade tensions.

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What are the immediate economic consequences of the US imposing 30% tariffs on EU and Mexican imports?

The United States will impose a 30% tariff on imports from the European Union and Mexico starting August 1st, citing drug trafficking and trade imbalances as justification. This significantly increases existing tariffs, impacting various sectors and potentially disrupting transatlantic supply chains.

lemonde.fr

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Jul 12, 16:11

Trump Imposes 30% Tariffs on EU and Mexico

President Trump announced 30% tariffs on EU and Mexican imports, effective August 1st, citing trade imbalances and drug trafficking, despite criticism of the administration's methodology for calculating foreign tariffs.

Trump Imposes 30% Tariffs on EU and Mexico

President Trump announced 30% tariffs on EU and Mexican imports, effective August 1st, citing trade imbalances and drug trafficking, despite criticism of the administration's methodology for calculating foreign tariffs.

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What are the immediate economic consequences of President Trump's newly announced tariffs on the EU and Mexico?

On July 12th, President Trump announced 30% tariffs on imports from the EU and Mexico, citing trade imbalances and drug trafficking, respectively. These tariffs are set to take effect August 1st, as detailed in letters published on his Truth Social platform.

europe.chinadaily.com.cn

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Jul 12, 04:12

US, China Agree to Strengthen Communication Amid Trade War

Chinese Foreign Minister Wang Yi and US Secretary of State Marco Rubio met in Kuala Lumpur on Friday, agreeing to strengthen communication and explore cooperation while managing differences amid a global trade war, with a 90-day tariff pause set to expire next month.

US, China Agree to Strengthen Communication Amid Trade War

Chinese Foreign Minister Wang Yi and US Secretary of State Marco Rubio met in Kuala Lumpur on Friday, agreeing to strengthen communication and explore cooperation while managing differences amid a global trade war, with a 90-day tariff pause set to expire next month.

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Peace, Justice, and Strong Institutions

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What are the long-term prospects for improved US-China relations, considering the complexities of the current trade dispute and other geopolitical issues?

The agreement to strengthen communication channels indicates a willingness by both nations to navigate their differences and prevent further escalation of the trade war. The upcoming expiration of the tariff pause necessitates further negotiations to prevent renewed trade tensions. The success of future cooperation hinges on both sides maintaining open communication and finding common ground.

Showing 565 to 576 of 3,850 results