Tag #Trade War

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nos.nl

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May 2, 16:14

ING Profit Down 8 Percent Amidst Lower Interest Rates

ING reported a nearly 8 percent drop in first-quarter profit to €1.45 billion, mainly due to lower interest rates set by the ECB; however, the impact of the US-China trade war on ING remains limited, with only large corporate clients showing investment caution.

ING Profit Down 8 Percent Amidst Lower Interest Rates

ING reported a nearly 8 percent drop in first-quarter profit to €1.45 billion, mainly due to lower interest rates set by the ECB; however, the impact of the US-China trade war on ING remains limited, with only large corporate clients showing investment caution.

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How does the US-China trade war specifically impact ING's diverse clientele, and what segments are most vulnerable?

The decrease in ING's profit is directly linked to the ECB's lowered interest rates, impacting their margin on lending and savings. While large corporate clients show investment hesitancy due to the trade war, smaller businesses and the mortgage market remain unaffected. This suggests a disparity in impact based on business size and sector.

dailymail.co.uk

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May 2, 01:16

Rolls-Royce Mitigates Trade War Impact, Reports Strong Start

Despite the US-China trade war causing global supply chain turmoil, British engineering giant Rolls-Royce reported a strong start to the year, mitigating tariff impacts through supply chain adjustments and maintaining its profit guidance of £2.7billion-£2.9billion; shares rose 1.7 percent.

Rolls-Royce Mitigates Trade War Impact, Reports Strong Start

Despite the US-China trade war causing global supply chain turmoil, British engineering giant Rolls-Royce reported a strong start to the year, mitigating tariff impacts through supply chain adjustments and maintaining its profit guidance of £2.7billion-£2.9billion; shares rose 1.7 percent.

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How has Rolls-Royce's recent turnaround influenced its ability to withstand the effects of the trade war?

The trade war between the US and China has significantly impacted global supply chains, yet Rolls-Royce's proactive supply chain adjustments are mitigating the negative effects. The company's strong performance and unchanged profit guidance demonstrate its resilience and successful turnaround.

usa.chinadaily.com.cn

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May 1, 04:13

Perdue Confirmed as US Ambassador to China Amid Trade Tensions

David Perdue, a 75-year-old former Republican US Senator from Georgia, was confirmed as the US Ambassador to Beijing on Tuesday with a 51-Republican, 15-Democrat, and 1-independent vote; 29 votes against. His confirmation comes amidst heightened US-China trade tensions and may signal efforts to rest...

Perdue Confirmed as US Ambassador to China Amid Trade Tensions

David Perdue, a 75-year-old former Republican US Senator from Georgia, was confirmed as the US Ambassador to Beijing on Tuesday with a 51-Republican, 15-Democrat, and 1-independent vote; 29 votes against. His confirmation comes amidst heightened US-China trade tensions and may signal efforts to rest...

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What are the potential long-term consequences of Perdue's appointment for US-China economic and diplomatic relations?

Perdue's ability to navigate complex US-China relations will significantly influence future economic and diplomatic interactions. His success hinges on fostering productive dialogue and addressing existing trade disagreements. His background suggests a potential for progress, though challenges remain substantial.

foxnews.com

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May 1, 04:13

Senate Fails to Overturn Trump's "Liberation Day" Tariffs

The Senate failed to reject President Trump's "Liberation Day" tariffs in a 49-49 tie, with Vice President Vance's tie-breaking vote upholding them; three Republicans joined Democrats in opposition, but the House will not pursue the matter.

Senate Fails to Overturn Trump's "Liberation Day" Tariffs

The Senate failed to reject President Trump's "Liberation Day" tariffs in a 49-49 tie, with Vice President Vance's tie-breaking vote upholding them; three Republicans joined Democrats in opposition, but the House will not pursue the matter.

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What are the potential long-term economic and political consequences of the Senate's decision to uphold the tariffs?

The failure to overturn the tariffs signals continued economic uncertainty, potentially affecting trade relations and consumer prices. The deep partisan divisions on the issue suggest that similar trade disputes will likely occur in the future. The use of the Vice President's tie-breaking vote indicates the high stakes and close political margins surrounding this trade policy.

foxnews.com

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May 1, 04:13

Senate Fails to Overturn Trump's "Liberation Day" Tariffs

The Senate failed to reject President Trump's "Liberation Day" tariffs by a 49-49 vote, with Vice President Vance breaking the tie. Three Republican senators joined all present Democrats in opposition, while key absences influenced the outcome. A subsequent motion to prevent further votes also passe...

Senate Fails to Overturn Trump's "Liberation Day" Tariffs

The Senate failed to reject President Trump's "Liberation Day" tariffs by a 49-49 vote, with Vice President Vance breaking the tie. Three Republican senators joined all present Democrats in opposition, while key absences influenced the outcome. A subsequent motion to prevent further votes also passe...

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Which senators opposed the tariffs, and what arguments did they raise against the President's trade strategy?

The vote reveals significant Republican opposition to Trump's tariff strategy, despite the ultimate failure to overturn them. Sens. Murkowski, Collins, and Paul's dissent signals potential long-term challenges for the administration's trade policy, especially given concerns raised by other Republicans. The narrow margin underscores the political risk associated with the tariffs.

cnn.com

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May 1, 04:13

Trump's Conflicting Economic Messages on 100th Day in Office

President Trump's 100th day in office featured conflicting economic messages: celebrating a "golden age" while warning of rising prices due to tariffs, blaming his predecessor for current economic conditions, and negotiating new trade deals to mitigate negative impacts.

Trump's Conflicting Economic Messages on 100th Day in Office

President Trump's 100th day in office featured conflicting economic messages: celebrating a "golden age" while warning of rising prices due to tariffs, blaming his predecessor for current economic conditions, and negotiating new trade deals to mitigate negative impacts.

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What are the long-term implications of Trump's economic strategy, and how might it affect the upcoming election?

The administration's focus on negotiating new trade deals with countries like India, combined with efforts to make the 2017 tax cuts permanent, suggests a mid-to-long-term strategy. However, growing impatience and anxiety about the economy's current state indicate a need for quicker progress to avoid public dissatisfaction.

smh.com.au

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May 2, 07:16

Trump's Tariff Comments Spark Criticism, New York Post Uses 'Skimp on the Barbie' Headline

President Trump's comment that tariffs might mean children receive fewer toys sparked criticism, with the New York Post using a satirical headline referencing the Australian tourism slogan "shrimp on the barbie" to highlight potential consumer impacts of his trade war with China.

Trump's Tariff Comments Spark Criticism, New York Post Uses 'Skimp on the Barbie' Headline

President Trump's comment that tariffs might mean children receive fewer toys sparked criticism, with the New York Post using a satirical headline referencing the Australian tourism slogan "shrimp on the barbie" to highlight potential consumer impacts of his trade war with China.

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How does the media's response, particularly the New York Post's satirical headline, shape public perception of Trump's trade policy?

The controversy highlights the political sensitivity surrounding trade policy and its effects on consumer prices. Trump's remarks, interpreted as an admission that his tariffs would lead to higher prices for some goods, contrast with his administration's claims of economic prosperity. The New York Post's headline, referencing the Australian tourism slogan "shrimp on the barbie", further amplified the criticism.

bbc.com

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May 1, 07:15

US Economy Contracts, Sparking Recession Fears Amidst Trump's Trade War

The US economy contracted by 0.3% in Q1 2024, marking its first decline in three years, prompting President Trump to blame his predecessor and tout planned investments while facing criticism from Democrats amidst a global trade war.

US Economy Contracts, Sparking Recession Fears Amidst Trump's Trade War

The US economy contracted by 0.3% in Q1 2024, marking its first decline in three years, prompting President Trump to blame his predecessor and tout planned investments while facing criticism from Democrats amidst a global trade war.

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How have President Trump's trade policies, particularly tariffs on China, contributed to the current economic downturn?

The economic contraction coincides with President Trump's 100 days in office, facing public discontent over his economic policies. His blame of his predecessor, President Biden, is rejected by Democrats, highlighting the political polarization surrounding the economic situation. Trump's trade policies, including import taxes on various countries, have disrupted global trade and contributed to the economic slowdown.

us.cnn.com

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May 1, 04:13

Trump's Conflicting Economic Messages Amid Tariff-Driven Price Increases

On his 100th day, President Trump celebrated economic success due to tariffs, but later acknowledged potential price increases, illustrating a messaging challenge as he blames his predecessor, Joe Biden, for the current economic climate and emphasizes upcoming trade deals as a solution.

Trump's Conflicting Economic Messages Amid Tariff-Driven Price Increases

On his 100th day, President Trump celebrated economic success due to tariffs, but later acknowledged potential price increases, illustrating a messaging challenge as he blames his predecessor, Joe Biden, for the current economic climate and emphasizes upcoming trade deals as a solution.

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What are the immediate economic consequences of President Trump's tariffs, and how are they impacting public perception?

President Trump's 100th day in office was marked by contrasting economic messages. While initially celebrating a "golden age" fueled by tariffs, he later acknowledged potential price increases, specifically mentioning children's toys. This reflects a messaging challenge: reconciling his campaign promise of lower prices with the current reality of higher prices due to tariffs.

us.cnn.com

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May 1, 04:13

Vance Breaks Tie, Killing Bipartisan Effort to Block Trump Tariffs

Vice President JD Vance broke a 49-49 tie in the Senate, killing a bipartisan resolution to block President Trump's global tariffs; the move marks only the second time a vice president has used this authority, highlighting deep partisan divisions over the trade policy.

Vance Breaks Tie, Killing Bipartisan Effort to Block Trump Tariffs

Vice President JD Vance broke a 49-49 tie in the Senate, killing a bipartisan resolution to block President Trump's global tariffs; the move marks only the second time a vice president has used this authority, highlighting deep partisan divisions over the trade policy.

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What were the immediate consequences of Vice President Vance's tie-breaking vote on the Senate resolution regarding President Trump's trade policy?

Vice President JD Vance cast a tie-breaking vote in the Senate, killing a bipartisan resolution to rebuke President Trump's trade policies. The 49-49 vote followed the absence of two key senators, effectively blocking the resolution to revoke Trump's emergency order enacting global tariffs. This is only the second time a vice president has used this tie-breaking authority.

edition.cnn.com

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May 1, 07:15

Vance Breaks Tie, Killing Bipartisan Effort to Curb Trump Tariffs

Vice President JD Vance cast a tie-breaking vote in the Senate on Wednesday, killing a bipartisan resolution to rebuke President Trump's global tariffs; the resolution failed 49-49, after key senators were absent, and Majority Leader John Thune moved to prevent the resolution from being brought back...

Vance Breaks Tie, Killing Bipartisan Effort to Curb Trump Tariffs

Vice President JD Vance cast a tie-breaking vote in the Senate on Wednesday, killing a bipartisan resolution to rebuke President Trump's global tariffs; the resolution failed 49-49, after key senators were absent, and Majority Leader John Thune moved to prevent the resolution from being brought back...

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How did Senate Republicans and Democrats utilize procedural tactics to influence the outcome of the vote?

The Senate's failure to pass the resolution reflects deep partisan divisions over President Trump's trade policies. Despite bipartisan opposition from senators like McConnell and Collins, the administration successfully used procedural tactics to prevent the resolution's passage. The vice president's tie-breaking vote highlights the administration's determination to maintain these tariffs, despite economic concerns raised by resolution supporters.

smh.com.au

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May 1, 01:17

US Economy Slowdown Shakes Global Markets

Concerns grow over potential stagflation in the US as the economy may have shrunk in early 2023, impacting global markets; ASX futures are down 0.2 percent, while the Australian dollar rose 0.3 percent against the US dollar.

US Economy Slowdown Shakes Global Markets

Concerns grow over potential stagflation in the US as the economy may have shrunk in early 2023, impacting global markets; ASX futures are down 0.2 percent, while the Australian dollar rose 0.3 percent against the US dollar.

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How does the threat of stagflation, stemming from Trump's trade war, affect the Federal Reserve's ability to manage the US economy?

Trump's trade war is creating uncertainty and market swings. A report showed the US economy may have shrunk at the start of the year, due partly to importers rushing purchases before tariff increases. This situation raises stagflation concerns, a difficult economic problem for the Federal Reserve to manage.

Showing 649 to 660 of 3,190 results