Tag #Trade War

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cnnespanol.cnn.com

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Apr 25, 22:15

Temu and Shein Raise Prices Ahead of Tariff Increase

Temu and Shein raised prices on many products before a 120% tariff on goods under $800 from China takes effect next week, impacting lower-income consumers who rely on cheaper imports and the soon-to-expire tariff exemption.

Temu and Shein Raise Prices Ahead of Tariff Increase

Temu and Shein raised prices on many products before a 120% tariff on goods under $800 from China takes effect next week, impacting lower-income consumers who rely on cheaper imports and the soon-to-expire tariff exemption.

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How do the price increases by Temu and Shein disproportionately affect lower-income households?

The price increases are a direct response to the upcoming expiration of the "de minimis" exemption on May 2nd, which allowed many consumers to avoid tariffs on goods from China. This change disproportionately affects lower-income households who spend a larger portion of their income on clothing and rely more heavily on these exemptions.

africa.chinadaily.com.cn

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Apr 25, 10:15

US Tariffs Fuel Economic Uncertainty, Dampening Growth

The Federal Reserve's Beige Book reports that tariffs are causing widespread economic uncertainty in the US, leading to a rush to buy inventory but also decreased consumer spending, impacting various sectors and resulting in a gloomy economic outlook; legal challenges to the tariffs are underway.

US Tariffs Fuel Economic Uncertainty, Dampening Growth

The Federal Reserve's Beige Book reports that tariffs are causing widespread economic uncertainty in the US, leading to a rush to buy inventory but also decreased consumer spending, impacting various sectors and resulting in a gloomy economic outlook; legal challenges to the tariffs are underway.

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How are businesses responding to the uncertainty created by these tariffs, and what are the long-term consequences?

Increased tariffs are causing significant economic disruption. A "rush to purchase" is creating short-term gains in some sectors (like vehicle imports), but overall consumer spending is down. This is consistent with the IMF's downward revision of US economic growth, highlighting the widespread negative impact.

smh.com.au

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Apr 25, 04:12

Kentucky Soybean Farmer Sounds Alarm on US-China Trade War

Ninth-generation Kentucky farmer and American Soybean Association president Caleb Ragland warns of devastating consequences from the US-China trade war's 145% tariffs on soybeans, citing a potential 71% loss of agricultural income in the last trade war. He urges President Trump to negotiate a tariff...

Kentucky Soybean Farmer Sounds Alarm on US-China Trade War

Ninth-generation Kentucky farmer and American Soybean Association president Caleb Ragland warns of devastating consequences from the US-China trade war's 145% tariffs on soybeans, citing a potential 71% loss of agricultural income in the last trade war. He urges President Trump to negotiate a tariff...

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No Poverty

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How have the recent floods in the Midwest compounded the challenges faced by soybean farmers amid the ongoing trade dispute?

The US-China trade war, marked by substantial tariffs on soybeans, significantly impacted US soybean exports to China, which dropped from 27 million tonnes ($12.8 billion) in the previous year. This led to a 40% drop in soybean prices over three years, from $17 to $10 per bushel, forcing farmers to consider measures like planting earlier to compensate for losses and facing the possibility of going out of business. The current situation shows a reliance on alternative suppliers for China, such as Brazil.

smh.com.au

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Apr 25, 04:12

China's Robot Revolution: Automation as a Trade War Weapon

China's massive adoption of AI-powered robots in factories is lowering manufacturing costs, improving quality, and giving it an advantage in the trade war with the US and other countries. This automation is driven by government policy and massive investment, and it is reshaping the country's manufac...

China's Robot Revolution: Automation as a Trade War Weapon

China's massive adoption of AI-powered robots in factories is lowering manufacturing costs, improving quality, and giving it an advantage in the trade war with the US and other countries. This automation is driven by government policy and massive investment, and it is reshaping the country's manufac...

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What are the long-term implications of China's automation strategy on its workforce, economic structure, and global manufacturing dynamics?

China's automation will likely reshape its economy, creating a new robotics sector and potentially impacting global manufacturing landscapes. While job displacement concerns exist, China's unique socio-political environment facilitates widespread adoption, unlike other nations with stronger labor protections. This strategy addresses its demographic challenges by boosting productivity.

theglobeandmail.com

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Apr 25, 01:16

Rising Bond Yields Push Up Canadian Mortgage Rates

Rising bond yields due to U.S. trade uncertainty and political factors are pushing up Canadian fixed mortgage rates; five-year rates are up 10-15 basis points since Monday, exceeding 4 percent for uninsured mortgages in some markets.

Rising Bond Yields Push Up Canadian Mortgage Rates

Rising bond yields due to U.S. trade uncertainty and political factors are pushing up Canadian fixed mortgage rates; five-year rates are up 10-15 basis points since Monday, exceeding 4 percent for uninsured mortgages in some markets.

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What is the immediate impact of the rising bond yields on Canadian mortgage rates?

Following recent tariff confusion and rising bond yields, fixed Canadian mortgage rates are increasing. Five-year fixed rates, previously as low as 3.7 percent, have risen, with some lenders increasing rates by 10-15 basis points since Monday. This rise affects borrowers, particularly those seeking uninsured mortgages in higher-priced markets, where rates are now above 4 percent.

us.cnn.com

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Apr 24, 16:14

Trump's Trade War Erodes America's Global Brand, Warn Top CEOs

Citadel CEO Ken Griffin and JPMorgan Chase CEO Jamie Dimon criticized President Trump's trade war, arguing that it is damaging America's global reputation and economic standing, leading to decreased investment in US assets and a decline in the value of the dollar and US stocks.

Trump's Trade War Erodes America's Global Brand, Warn Top CEOs

Citadel CEO Ken Griffin and JPMorgan Chase CEO Jamie Dimon criticized President Trump's trade war, arguing that it is damaging America's global reputation and economic standing, leading to decreased investment in US assets and a decline in the value of the dollar and US stocks.

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Peace, Justice, and Strong Institutions

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How is President Trump's trade war impacting America's global standing and economic credibility, and what are the immediate consequences?

Ken Griffin, CEO of Citadel, a major Republican donor, criticized President Trump's trade war, asserting it harms America's global standing and erodes its brand. He specifically cited investor concerns about US Treasury bonds due to decreased trust in the US as a rational global actor. This distrust is reflected in the dollar hitting a three-year low and a $7 trillion loss in US stock market value.

europe.chinadaily.com.cn

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Apr 25, 10:15

China Condemns US Tariffs at UN, Citing Harm to Global Economy

At a UN Security Council meeting, China's ambassador condemned US tariffs as violating WTO rules and harming developing nations, while other countries echoed concerns about economic instability and the need for a rules-based trading system.

China Condemns US Tariffs at UN, Citing Harm to Global Economy

At a UN Security Council meeting, China's ambassador condemned US tariffs as violating WTO rules and harming developing nations, while other countries echoed concerns about economic instability and the need for a rules-based trading system.

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How do US tariffs impact the global economic order and developing nations, according to statements made at the UN Security Council meeting?

China's UN ambassador, Fu Cong, criticized US tariffs as violating WTO rules, undermining the global economic order, and harming developing nations. He stated these tariffs advance US hegemonic interests at the expense of other countries' legitimate interests, disrupting global trade and exacerbating existing inequalities. Multiple countries at a UN Security Council meeting echoed these concerns.

edition.cnn.com

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Apr 25, 13:17

Trump's Tariffs: Immediate Impact on Businesses, Future Inflationary Pressures

President Trump's tariffs, particularly the 145% tax on Chinese imports, are creating widespread economic uncertainty, immediately impacting small businesses and soon to affect consumers through higher prices and reduced product availability; the IMF now predicts 3% inflation in 2025.

Trump's Tariffs: Immediate Impact on Businesses, Future Inflationary Pressures

President Trump's tariffs, particularly the 145% tax on Chinese imports, are creating widespread economic uncertainty, immediately impacting small businesses and soon to affect consumers through higher prices and reduced product availability; the IMF now predicts 3% inflation in 2025.

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How is the uncertainty created by Trump's tariff policies affecting the broader economic landscape?

The tariffs' impact extends beyond direct costs, creating widespread uncertainty among businesses. The 145% tariff on Chinese goods, for example, forces businesses to choose between absorbing costs, raising prices, or shutting down. This uncertainty is already causing ripple effects throughout the economy.

africa.chinadaily.com.cn

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Apr 25, 10:15

China Condemns US Tariffs, Raising Global Economic Stability Concerns

China's UN ambassador condemned US tariffs as violating WTO rules and harming global trade, echoing concerns from various countries, including members of the Global South and Europe, who fear economic instability and unfair trade practices.

China Condemns US Tariffs, Raising Global Economic Stability Concerns

China's UN ambassador condemned US tariffs as violating WTO rules and harming global trade, echoing concerns from various countries, including members of the Global South and Europe, who fear economic instability and unfair trade practices.

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What are the immediate impacts of US tariffs on the global economic order, according to China and its allies?

China's UN ambassador, Fu Cong, criticized US tariffs as violating WTO rules, undermining the global economic order, and advancing US hegemonic interests at the expense of other nations. This has led to concerns from various countries regarding potential global economic instability and the disruption of international trade.

theglobeandmail.com

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Apr 25, 04:12

US Trade War Impacts TFI International's Earnings, Forces Acquisition Cancellation

Canada's largest trucking company, TFI International, reported lower-than-expected first-quarter earnings due to reduced freight volumes caused by the US trade war; uncertainty surrounding the trade war led the company to abandon a major acquisition and delay a planned spin-off.

US Trade War Impacts TFI International's Earnings, Forces Acquisition Cancellation

Canada's largest trucking company, TFI International, reported lower-than-expected first-quarter earnings due to reduced freight volumes caused by the US trade war; uncertainty surrounding the trade war led the company to abandon a major acquisition and delay a planned spin-off.

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What broader economic factors and industry trends are contributing to TFI's challenges, and how are these factors interconnected?

The US trade war's uncertainty is causing a ripple effect throughout North American businesses. TFI's experience highlights how trade disputes disrupt supply chains, impacting not only trucking companies but also manufacturers and farmers. The reduced demand for agricultural equipment demonstrates the interconnectedness of global trade and the far-reaching consequences of protectionist policies.

nos.nl

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Apr 24, 16:15

Global Economic Uncertainty Grows Amidst Trump's Trade War and Attacks on the Federal Reserve

The IMF forecasts significantly slower global economic growth due to President Trump's import tariffs; the European Central Bank's response risks inflation; and Trump's attacks on the Federal Reserve chairman create uncertainty.

Global Economic Uncertainty Grows Amidst Trump's Trade War and Attacks on the Federal Reserve

The IMF forecasts significantly slower global economic growth due to President Trump's import tariffs; the European Central Bank's response risks inflation; and Trump's attacks on the Federal Reserve chairman create uncertainty.

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What is the immediate impact of President Trump's trade policies and attacks on the Federal Reserve on the global economy?

The IMF predicts significantly slower global economic growth due to President Trump's import tariffs. The European Central Bank announced a seventh interest rate cut in a year to stimulate its economy, but this risks increasing inflation in countries like the Netherlands, where imported goods could become more expensive. This could lead to higher consumer prices.

kathimerini.gr

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Apr 24, 01:16

Boeing Seeks New Buyers for 50 Airplanes Amidst US-China Trade War

Boeing seeks new buyers for approximately 50 airplanes originally destined for Chinese airlines due to trade war tariffs; three planes have already returned to the US, incurring a 125% tariff, while Boeing's CEO is in contact with President Trump to alleviate the situation.

Boeing Seeks New Buyers for 50 Airplanes Amidst US-China Trade War

Boeing seeks new buyers for approximately 50 airplanes originally destined for Chinese airlines due to trade war tariffs; three planes have already returned to the US, incurring a 125% tariff, while Boeing's CEO is in contact with President Trump to alleviate the situation.

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What is the immediate impact of the US-China trade war on Boeing's aircraft sales to China?

Due to US-China trade tensions and resulting tariffs, Boeing is seeking new buyers for roughly 50 aircraft originally ordered by Chinese airlines. Three planes have already been returned to the US, incurring a 125% tariff on US imports from China. Boeing CEO, Kelly Ortberg, is optimistic about finding new buyers and is engaging with President Trump to resolve the situation.

Showing 793 to 804 of 3,208 results