Tag #Trade War

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edition.cnn.com

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Jul 7, 16:11

China Noncommittal on TikTok Deal Despite Trump's Claim

China's Foreign Ministry sidestepped questions on a potential US-brokered deal for TikTok's US operations, despite President Trump's claims of a near-final agreement; the September 17 deadline for a sale or US ban remains, with China maintaining its opposition to any forced sale due to technology ex...

China Noncommittal on TikTok Deal Despite Trump's Claim

China's Foreign Ministry sidestepped questions on a potential US-brokered deal for TikTok's US operations, despite President Trump's claims of a near-final agreement; the September 17 deadline for a sale or US ban remains, with China maintaining its opposition to any forced sale due to technology ex...

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What is the immediate impact of China's noncommittal stance on the potential TikTok deal?

The Chinese government has sidestepped questions about a potential TikTok deal with the US, reiterating its previous stance that any forced sale would require its approval. This follows President Trump's claim of a "pretty much" finalized deal, pending Chinese approval, despite previous setbacks like the April 2 tariff increase. The September 17th deadline for a sale or ban looms.

zeit.de

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Jul 7, 10:12

Trump Threatens BRICS with 10% Tariffs

US President Donald Trump threatened 10% additional tariffs on countries aligning with BRICS's "anti-American" policies, following BRICS's criticism of unilateral tariffs; Trump plans to send tariff-related letters to various countries starting July 8th at 12 PM local time, potentially impacting ong...

Trump Threatens BRICS with 10% Tariffs

US President Donald Trump threatened 10% additional tariffs on countries aligning with BRICS's "anti-American" policies, following BRICS's criticism of unilateral tariffs; Trump plans to send tariff-related letters to various countries starting July 8th at 12 PM local time, potentially impacting ong...

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What are the underlying causes of Trump's protectionist trade policies?

Trump's announcement comes as a potential EU-US trade deal hangs in the balance, with a July 9th deadline looming. His prior imposition of a 10% tariff on most EU imports, plus additional tariffs on steel, aluminum, and autos, aims to boost domestic US production. The threat targets BRICS nations (Brazil, Russia, India, China, South Africa, plus recent additions Iran, Egypt, Ethiopia, and UAE), who recently criticized US trade practices. This escalation could significantly disrupt global trade relationships and intensify economic conflicts.

pda.kp.ru

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Jul 7, 16:11

Trump Threatens New Tariffs on BRICS Supporters

President Trump threatened 10% additional tariffs on countries supporting the BRICS alliance, adding to existing tariffs ranging from 10% to 34% on several member nations, potentially impacting global trade significantly.

Trump Threatens New Tariffs on BRICS Supporters

President Trump threatened 10% additional tariffs on countries supporting the BRICS alliance, adding to existing tariffs ranging from 10% to 34% on several member nations, potentially impacting global trade significantly.

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What are the immediate consequences of President Trump's tariff threats on BRICS-supporting nations?

President Trump threatened 10 percent additional tariffs on countries supporting the BRICS alliance. This follows his previous imposition of tariffs on several BRICS member nations, ranging from 10 percent to 34 percent. The new tariffs could significantly impact global trade.

cbsnews.com

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Jul 7, 04:11

White House to Pressure Trading Partners with Tariff Deadline

The White House will send letters to numerous countries this week, warning of higher tariffs starting August 1st unless new trade deals are reached by Wednesday; President Trump has confirmed around 15 letters will be sent starting Monday, with more to follow; the administration is primarily focused...

White House to Pressure Trading Partners with Tariff Deadline

The White House will send letters to numerous countries this week, warning of higher tariffs starting August 1st unless new trade deals are reached by Wednesday; President Trump has confirmed around 15 letters will be sent starting Monday, with more to follow; the administration is primarily focused...

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What are the potential long-term impacts of this tariff strategy on global trade relationships and economic stability?

The outcome will significantly impact global trade. Failure to reach agreements could trigger higher tariffs, disrupting global supply chains and potentially escalating trade tensions. The administration's strategy highlights a shift toward bilateral deals, potentially reshaping the global trade landscape.

cnnespanol.cnn.com

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Jul 7, 19:14

China Evasive on TikTok Sale Despite Trump's Claim of Near-Deal

China dodged questions Monday about a potential US-brokered TikTok deal, despite President Trump claiming a near-agreement is in place. This follows a US law requiring ByteDance to sell TikTok's US operations by September 17th or face a ban, which Trump has repeatedly delayed.

China Evasive on TikTok Sale Despite Trump's Claim of Near-Deal

China dodged questions Monday about a potential US-brokered TikTok deal, despite President Trump claiming a near-agreement is in place. This follows a US law requiring ByteDance to sell TikTok's US operations by September 17th or face a ban, which Trump has repeatedly delayed.

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How do the underlying tensions between the US and China influence the TikTok negotiations?

The ongoing TikTok saga highlights US-China tensions over data security and technology dominance. China's resistance to a forced sale stems from concerns about technology export and algorithm control, viewed as crucial to TikTok's success. The US, however, prioritizes national security concerns, viewing a potential Chinese algorithm as a threat.

nbcnews.com

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Jul 6, 16:12

Trump Tariffs Add Over \$4,000 to New Home Costs

President Trump's tariffs are raising new home costs by over \$4,000, according to an NBC News analysis, with lumber from Canada and appliances from China adding \$534 and \$445 respectively; experts deem this estimate conservative and the uncertainty it creates further impacts builders' ability to ...

Trump Tariffs Add Over \$4,000 to New Home Costs

President Trump's tariffs are raising new home costs by over \$4,000, according to an NBC News analysis, with lumber from Canada and appliances from China adding \$534 and \$445 respectively; experts deem this estimate conservative and the uncertainty it creates further impacts builders' ability to ...

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What is the immediate impact of President Trump's tariffs on the cost of building a new home in the United States?

President Trump's tariffs on building materials are significantly increasing the cost of new homes in the U.S. An NBC News analysis estimates a more than \$4,000 increase per mid-range single-family home, with experts considering this a conservative figure. This directly impacts homebuyers facing already high housing costs.

theguardian.com

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Jul 7, 04:11

Trump Announces New Tariffs, Effective August 1st

President Trump announced new tariffs on goods from US trade partners, effective August 1st, following a previously announced pause. Letters dictating rates will be sent starting Monday, while deals are being negotiated with some countries. This action continues the global trade war initiated by Pre...

Trump Announces New Tariffs, Effective August 1st

President Trump announced new tariffs on goods from US trade partners, effective August 1st, following a previously announced pause. Letters dictating rates will be sent starting Monday, while deals are being negotiated with some countries. This action continues the global trade war initiated by Pre...

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How do the new tariffs affect importers and the global economic landscape?

The new tariffs follow Trump's April announcement of a 10% base rate and additional duties up to 50%, impacting global markets. The August 1st effective date offers a three-week reprieve, but uncertainty persists. Treasury Secretary Bessent suggests deals will be made quickly to avoid the higher rates.

elpais.com

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Jul 7, 16:11

Trump and Von der Leyen Intervene in US-EU Trade Talks Amidst Looming Tariffs

On July 8th, US President Trump and EU Commission President Von der Leyen spoke to try to reach a trade deal before a July 9th deadline, but details remain scarce, while the US plans to announce tariffs on July 9th.

Trump and Von der Leyen Intervene in US-EU Trade Talks Amidst Looming Tariffs

On July 8th, US President Trump and EU Commission President Von der Leyen spoke to try to reach a trade deal before a July 9th deadline, but details remain scarce, while the US plans to announce tariffs on July 9th.

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How do the ongoing US trade disputes with other countries impact the US-EU negotiations?

The intervention highlights the high-stakes nature of the negotiations, impacting $870 billion in trade in 2023, with a $200 billion US trade deficit. The urgency stems from a July 9th deadline and looming tariffs, potentially impacting 2.4 billion euros in daily transatlantic trade. Despite reported "substantial progress," uncertainty persists, leading to some disappointment amongst EU member states.

europe.chinadaily.com.cn

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Jul 7, 04:11

China Retaliates Against EU Medical Device Restrictions

China implemented countermeasures against EU medical device imports exceeding $6.3 million in government procurement programs, responding to the EU's prior restrictions on Chinese companies; the move affects surgical instruments, MRI equipment, and other devices, with exceptions for projects where o...

China Retaliates Against EU Medical Device Restrictions

China implemented countermeasures against EU medical device imports exceeding $6.3 million in government procurement programs, responding to the EU's prior restrictions on Chinese companies; the move affects surgical instruments, MRI equipment, and other devices, with exceptions for projects where o...

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How did the EU's prior actions contribute to China's decision to introduce reciprocal restrictions?

China's countermeasures against EU medical device imports are a direct response to the EU's own restrictions. This escalation reflects growing trade tensions and protectionism between the two economic powers, impacting the global medical device market. The Chinese government emphasizes the need for fair market access and rejects geopolitically motivated restrictions.

smh.com.au

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Jul 7, 16:11

RBA Poised for Fastest Rate Cut Since Pandemic Amidst US Tariff Uncertainty

The Reserve Bank of Australia is expected to cut interest rates by 0.25 percentage points on Tuesday, lowering the official cash rate to 3.6 percent in response to low inflation, slow economic growth, and potential fallout from US tariffs; however, some economists disagree.

RBA Poised for Fastest Rate Cut Since Pandemic Amidst US Tariff Uncertainty

The Reserve Bank of Australia is expected to cut interest rates by 0.25 percentage points on Tuesday, lowering the official cash rate to 3.6 percent in response to low inflation, slow economic growth, and potential fallout from US tariffs; however, some economists disagree.

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What are the conflicting economic indicators informing the Reserve Bank's decision, and what are the differing viewpoints among economists regarding the timing of a rate cut?

The rate cut is driven by low inflation (2.1 percent in May), sluggish economic growth, and concerns about US tariffs. While the jobs market remains strong (4.1 percent unemployment), the Reserve Bank seeks to support households and businesses. Economists disagree on the timing, with some suggesting a delay until the next inflation report.

dailymail.co.uk

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Jul 6, 22:11

Trump's July 9th Trade Deadline: Tariffs Loom Over Global Markets

Facing a July 9th trade deadline, the U.S. could impose tariffs on goods from several countries, including Spain, Japan, and Canada, potentially raising consumer prices and impacting the U.S. economy and upcoming midterm elections; President Trump stated he is not issuing another delay.

Trump's July 9th Trade Deadline: Tariffs Loom Over Global Markets

Facing a July 9th trade deadline, the U.S. could impose tariffs on goods from several countries, including Spain, Japan, and Canada, potentially raising consumer prices and impacting the U.S. economy and upcoming midterm elections; President Trump stated he is not issuing another delay.

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What are the immediate economic consequences if numerous countries fail to reach trade deals with the U.S. by the July 9th deadline?

On July 9th, numerous countries face potential tariffs on various goods if trade deals with the U.S. aren't finalized. Tariffs could increase prices for consumers on products ranging from Spanish ham to Japanese cars, potentially impacting the U.S. economy and midterm elections.

lefigaro.fr

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Jul 6, 01:11

EU-US Trade Deal Deadline Looms; Threat of Punitive Tariffs

French Economy Minister Eric Lombard anticipates a weekend resolution to avoid US punitive tariffs on EU exports, with stronger European countermeasures threatened if negotiations fail; President Trump plans to send letters detailing these tariffs to affected countries on Monday, potentially impacti...

EU-US Trade Deal Deadline Looms; Threat of Punitive Tariffs

French Economy Minister Eric Lombard anticipates a weekend resolution to avoid US punitive tariffs on EU exports, with stronger European countermeasures threatened if negotiations fail; President Trump plans to send letters detailing these tariffs to affected countries on Monday, potentially impacti...

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What is the immediate impact of a potential failure to reach a US-EU trade agreement by the deadline?

The July 9th deadline for a US trade deal, set by President Trump, may be moved up. French Economy Minister Eric Lombard expects a weekend agreement to avoid punitive tariffs, suggesting stronger European responses if none is reached. A delegation from the European Commission is in Washington for negotiations.

Showing 673 to 684 of 3,850 results