Tag #Trade War

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nos.nl
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IMF Lowers Global Growth Forecast Due to Trump Tariffs

The IMF significantly lowered its global economic growth forecast to 2.8 percent due to President Trump's import tariffs, with the US recession probability rising to 37 percent; however, a global recession is not anticipated.

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36% Bias Score

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aljazeera.com
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Trump Backtracks on Powell Firing After Market Plunge

President Trump rescinded his threat to fire Federal Reserve Chair Jerome Powell after his criticism triggered a stock market plunge and dollar devaluation; Trump now says he wants lower interest rates, but won't fire Powell; Asian markets surged after the announcement.

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56% Bias Score

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dailymail.co.uk
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Reeves to Defend Free Trade Amidst Trump's Tariff Impact

Amidst Trump's tariff war impacting UK growth (down 0.5% to 1.1% per IMF), Rachel Reeves will launch a defense of free trade at the IMF, proposing measures like reviewing customs arrangements for imports under £125 and empowering the Trade Remedies Authority, potentially impacting companies like She...

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56% Bias Score

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dailymail.co.uk
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Australian Share Market Soars on US-China Trade Deal Hopes

Following hints of a potential US-China trade deal, Australia's S&P/ASX 200 share market index surged 1.8 percent on Wednesday, reaching its highest point since late March, while the Australian dollar rose above 64 US cents for the first time in five months.

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44% Bias Score

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cnn.com
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Trump Retracts Threat to Fire Powell, Markets Rebound

President Trump's threats to fire Federal Reserve Chairman Jerome Powell caused market volatility, but he later retracted the threats after warnings from advisors about potential economic turmoil; European and US markets reacted positively to this news and to Trump's suggestion of reduced tariffs on...

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56% Bias Score

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de.euronews.com
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Trump's Policy Shift Triggers Global Market Reversal

Following President Trump's announcement of reduced tariffs on Chinese goods and a softening of his stance on Federal Reserve Chairman Jerome Powell, global markets experienced a significant rebound, with stock prices rising, the US dollar strengthening, and gold prices falling.

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40% Bias Score

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smh.com.au
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Tesla Q1 Profits Plummet 71% Amidst Boycotts and Trade War

Tesla's Q1 2024 net income fell 71% to $409 million, primarily due to decreased sales (down 9% to $19.3 billion), boycotts following Elon Musk's political alignment, and the impact of Trump's tariffs; this has raised concerns about the company's future.

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56% Bias Score

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bbc.com
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Trump Says He Won't Fire Fed Chair Powell Amidst Trade War and Market Turmoil

US President Donald Trump declared he won't fire Federal Reserve Chair Jerome Powell despite repeated criticism, but wants him to lower interest rates more aggressively; this follows a week of heightened trade tensions with China, leading to market volatility and an IMF downgrade of US economic grow...

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40% Bias Score

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forbes.com
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Bitcoin Price Hits Highest Point Since March Amidst Trade War Optimism and Institutional Investment

Bitcoin's price surged to approximately $93,840 today, its highest since early March, driven by positive trade war signals, the new SEC chairman, and increased institutional investment correlating with broader risk asset movements.

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44% Bias Score

Reduced Inequality
nos.nl
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Dutch Parliament Debates EU Economic Response to US Trade War

The Dutch parliament debated EU economic resilience against the US trade war, showing a potential shift in support for the Mercosur trade agreement as a response, while also considering protective measures against potential Chinese dumping.

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36% Bias Score

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cnn.com
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Trump Retracts Threats to Fire Federal Reserve Chair Powell After Market Volatility

President Trump's threats to fire Federal Reserve Chairman Jerome Powell sparked market turmoil, but he later retracted his threats after warnings from advisors about potential economic consequences; European and US markets reacted positively to this news.

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48% Bias Score

Peace, Justice, and Strong Institutions
theguardian.com
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Reckitt Benckiser Shares Fall Amid Tariff Concerns, Croda Rises

Reckitt Benckiser's shares fell 6% on Wednesday due to concerns over Trump's tariffs and the weak performance of its Essential Home division, which saw a 7% revenue drop in Q1, while Croda's shares rose 9% after it announced it would pass on tariff costs to customers.

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36% Bias Score

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Showing 853 to 864 of 3,231 results