Tag #Trade War

Showing 61 to 72 of 3,158 results

news.sky.com
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UK Inflation Eases to 3.4%, but Bank of England Expected to Hold Rates

UK inflation eased to 3.4% in May, down from 3.5% in April, driven by falling airfares and motor fuel costs, despite rising food and household goods prices; the Bank of England is expected to hold interest rates.

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euronews.com
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Volvo to Develop Separate Tech for China and West Amid Trade Fragmentation

Volvo Cars CEO H F0 kan Samuelsson announced on Monday that the company will create separate software and silicon components for its Chinese and Western markets due to increasing trade fragmentation and geopolitical tensions, impacting its profitability and necessitating region-specific product adap...

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usa.chinadaily.com.cn
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US Tariffs on Appliances Prompt Chinese Market Diversification

The US imposed 50 percent tariffs on imported household appliances starting June 23, prompting Chinese manufacturers to diversify into emerging markets and potentially boosting innovation while increasing prices for US consumers.

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elpais.com
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Trump Administration Imposes 50% Tariff on Steel Used in Appliances

The Trump administration implemented a 50% tariff on imported steel used in appliances, including refrigerators, washing machines, and dishwashers, effective June 23rd, ostensibly for national security reasons, despite potentially negative impacts on US manufacturers and consumers.

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jpost.com
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China Secures Myanmar Rare Earth Mines Amidst US Trade War

Chinese-backed militias protect new rare earth mines in eastern Myanmar's Shan state, near the Chinese border, securing Beijing's access to minerals crucial for its technology industry amidst its trade war with Washington; at least 100 workers operate the mines day and night, extracting minerals lik...

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elpais.com
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US Tariffs Trigger Sharp Decline in Mexican Auto Exports

Mexican automotive exports fell 6.3% in the first five months of 2025 compared to 2024 due to US tariffs, impacting 1.2 million units; major manufacturers like Volkswagen, Mazda, and Mercedes Benz saw significant export drops, leading to production line adjustments and plant closures.

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es.euronews.com
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Trump Extends TikTok Divestment Deadline Again

President Trump will extend the deadline for TikTok's Chinese owner to divest from the US platform for a third time this week, giving the administration 90 more days to secure a deal ensuring US user data safety.

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52% Bias Score

theguardian.com
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JLR Profit Margin Cut by Trump Tariffs

Jaguar Land Rover temporarily paused, then resumed, US vehicle deliveries after President Trump imposed a 25% tariff on foreign cars in April, resulting in a lowered profit margin forecast (5-7%) from 10% and causing a 5% drop in Tata Motors shares; JLR is considering US price increases and explorin...

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nbcnews.com
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Consumer Sentiment Rebounds Sharply Amidst Easing Trade Tensions

The University of Michigan's June consumer sentiment index surged to 60.5, a 15.9% increase from May, driven by easing trade war concerns and a significant drop in inflation expectations, although concerns remain about the long-term impacts of tariffs.

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lemonde.fr
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France's Growth Forecast Cut Amidst US Tariff Uncertainty

The Banque de France lowered its 2025 French GDP growth forecast to 0.6% due to increased US tariffs and global trade uncertainty, impacting deficit reduction plans and necessitating shared fiscal efforts.

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dw.com
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US and China Reach Tentative Trade Agreement, Details Remain Scarce

Following two days of negotiations in London, US President Donald Trump announced a tentative trade agreement with China, focusing on rare earth metals and student access to US universities, with increased tariffs of 55 percent and 10 percent, respectively.

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cnn.com
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Dimon Warns of Tariffs' Potential to Worsen US Economy

JPMorgan Chase CEO Jamie Dimon warned on Tuesday that President Trump's tariffs, while not yet reflected in current economic data, pose a significant risk of future economic downturn, potentially impacting employment and inflation in the coming months.

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Showing 61 to 72 of 3,158 results