Tag #Trade War

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corriere.it

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Jun 2, 13:14

Trade Uncertainty Triggers Global Market Sell-Off

President Trump's accusation that China violated their trade agreement and his announcement of increased tariffs on steel and aluminum, coupled with the ECB's expected interest rate cut, caused a renewed sell-off in the luxury market and broader market declines, highlighting the uncertainty and inst...

Trade Uncertainty Triggers Global Market Sell-Off

President Trump's accusation that China violated their trade agreement and his announcement of increased tariffs on steel and aluminum, coupled with the ECB's expected interest rate cut, caused a renewed sell-off in the luxury market and broader market declines, highlighting the uncertainty and inst...

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How does the anticipated ECB interest rate cut reflect broader concerns about global economic growth?

The escalating trade tensions between the US and China, coupled with Trump's tariff increases, created a climate of uncertainty significantly impacting global markets. This uncertainty led to decreased investor confidence, triggering sell-offs in luxury goods and broader market declines. The European Central Bank's (ECB) expected interest rate cut reflects concerns about the economic consequences of these trade disputes.

abcnews.go.com

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Jun 1, 13:11

China Condemns U.S. Defense Secretary's 'Imminent Threat' Claim

China denounced U.S. Defense Secretary Pete Hegseth's remarks labeling China a threat at the Shangri-La Dialogue on June 10th, accusing the U.S. of Cold War mentality and regional provocation, while a recent 90-day trade truce remains uncertain following Trump's renewed threats.

China Condemns U.S. Defense Secretary's 'Imminent Threat' Claim

China denounced U.S. Defense Secretary Pete Hegseth's remarks labeling China a threat at the Shangri-La Dialogue on June 10th, accusing the U.S. of Cold War mentality and regional provocation, while a recent 90-day trade truce remains uncertain following Trump's renewed threats.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the U.S. Defense Secretary's statement characterizing China as an imminent threat?

China strongly condemned U.S. Defense Secretary Pete Hegseth's characterization of China as a threat, accusing him of promoting a Cold War mentality at the Shangri-La Dialogue. This statement follows Hegseth's assertion that China poses a real and imminent threat, particularly regarding Taiwan. The Chinese foreign ministry also accused the U.S. of escalating regional tensions.

euronews.com

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Jun 1, 04:07

Trump Doubles Steel and Aluminum Tariffs, Sparking Trade Tensions

President Trump announced a doubling of US tariffs on steel and aluminum imports to 50%, effective Wednesday, impacting Europe and potentially sparking a trade war, despite a pending deal with Nippon Steel for investment in a US steel mill and conflicting court rulings on the policy.

Trump Doubles Steel and Aluminum Tariffs, Sparking Trade Tensions

President Trump announced a doubling of US tariffs on steel and aluminum imports to 50%, effective Wednesday, impacting Europe and potentially sparking a trade war, despite a pending deal with Nippon Steel for investment in a US steel mill and conflicting court rulings on the policy.

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What are the immediate economic and political consequences of the US doubling tariffs on steel and aluminum imports?

President Trump announced a doubling of US tariffs on steel and aluminum imports, increasing to 50% and impacting European trade significantly. This decision follows conflicting court rulings on his customs policy and could escalate trade tensions with the EU, which has threatened countermeasures. A deal with Nippon Steel for investment in a US steel mill is pending final approval.

smh.com.au

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Jun 1, 07:08

Trump Doubles Tariffs on Australian Metals, Prompting Albanese Condemnation

Australian Prime Minister Anthony Albanese condemned Donald Trump's decision to double tariffs on Australian steel and aluminum imports to 50 percent, impacting about $1 billion in Australian exports, while the opposition urged Albanese to address this during an upcoming meeting with Trump.

Trump Doubles Tariffs on Australian Metals, Prompting Albanese Condemnation

Australian Prime Minister Anthony Albanese condemned Donald Trump's decision to double tariffs on Australian steel and aluminum imports to 50 percent, impacting about $1 billion in Australian exports, while the opposition urged Albanese to address this during an upcoming meeting with Trump.

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How does this tariff decision relate to the previous court ruling on Trump's broader tariff authority?

This tariff increase follows a court ruling that Trump overstepped his authority in imposing a 10 percent tariff on all goods. While the steel and aluminum tariffs are based on different laws, the US's exemption of British steel and aluminum creates a precedent for Australia to seek a similar exemption. Opposition leader James Paterson urged Albanese to confront Trump about this issue during an upcoming meeting.

taz.de

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Jun 1, 19:13

Trump Doubles Steel and Aluminum Tariffs, Sparking EU Retaliation Threats

US President Donald Trump announced a doubling of steel and aluminum import tariffs to 50 percent, effective Wednesday, July 5th, prompting the EU to threaten retaliatory measures and increasing global economic uncertainty. German Chancellor Olaf Scholz's upcoming visit to Washington will likely be ...

Trump Doubles Steel and Aluminum Tariffs, Sparking EU Retaliation Threats

US President Donald Trump announced a doubling of steel and aluminum import tariffs to 50 percent, effective Wednesday, July 5th, prompting the EU to threaten retaliatory measures and increasing global economic uncertainty. German Chancellor Olaf Scholz's upcoming visit to Washington will likely be ...

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How might Trump's tariff policy influence the upcoming visit of German Chancellor Olaf Scholz, and what are the potential outcomes of their discussions regarding trade disputes?

Trump's tariff increase is a significant escalation in trade tensions between the US and the EU, jeopardizing ongoing negotiations and potentially triggering a trade war. The EU's planned retaliatory measures demonstrate its commitment to defending its economic interests, but a resolution remains uncertain. This action affects both consumers and businesses transatlantically.

us.cnn.com

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May 31, 04:08

Trump Doubles Steel Tariffs to 50%

President Trump announced a 50% tariff on steel imports, effective June 4th, aiming to protect American steelworkers, building on his March 12th imposition of a 25% tariff. This decision follows a deal allowing Nippon Steel to acquire a controlling stake in US Steel, with US government oversight.

Trump Doubles Steel Tariffs to 50%

President Trump announced a 50% tariff on steel imports, effective June 4th, aiming to protect American steelworkers, building on his March 12th imposition of a 25% tariff. This decision follows a deal allowing Nippon Steel to acquire a controlling stake in US Steel, with US government oversight.

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What are the immediate consequences of President Trump's decision to raise steel import tariffs to 50%?

President Trump announced a significant increase in steel import tariffs, raising them from 25% to 50%, effective June 4th. This decision, announced at a US Steel facility, aims to protect American steelworkers and bolster the domestic steel industry. The higher tariffs are expected to further reduce foreign competition.

theglobeandmail.com

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Jun 1, 07:08

Trump Doubles Steel and Aluminum Tariffs, Europe Prepares Retaliation

President Trump doubled tariffs on imported steel and aluminum to 50 percent, prompting the European Union to prepare retaliatory measures starting July 14th, escalating a global trade war and sparking condemnation from Canada and Australia.

Trump Doubles Steel and Aluminum Tariffs, Europe Prepares Retaliation

President Trump doubled tariffs on imported steel and aluminum to 50 percent, prompting the European Union to prepare retaliatory measures starting July 14th, escalating a global trade war and sparking condemnation from Canada and Australia.

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What are the immediate economic consequences of President Trump's decision to double tariffs on imported steel and aluminum?

President Trump's decision to double tariffs on imported steel and aluminum to 50% will significantly increase costs for businesses and consumers on both sides of the Atlantic. The European Union is prepared to retaliate with countermeasures starting July 14th unless a negotiated solution is found. This escalation intensifies the global trade war, adding further uncertainty to the global economy.

cnn.com

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Jun 1, 22:10

Trump's Tariffs Remain Despite Court Challenges

Following a temporary court block, President Trump's tariffs remain in place, impacting global trade relations and potentially raising prices for consumers; the administration cites national security concerns and unfair trade practices as justifications.

Trump's Tariffs Remain Despite Court Challenges

Following a temporary court block, President Trump's tariffs remain in place, impacting global trade relations and potentially raising prices for consumers; the administration cites national security concerns and unfair trade practices as justifications.

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What are the immediate consequences of the court ruling on the Trump administration's tariffs, and how does this impact global trade relations?

Commerce Secretary Howard Lutnick confirmed that tariffs remain in effect following a court decision temporarily blocking them, asserting that President Trump possesses alternative means to re-impose them. President Trump himself reinforced this stance on social media, emphasizing the economic consequences of removing tariffs. A subsequent court ruling reinstated the tariffs.

dailymail.co.uk

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Jun 1, 16:13

Detroit Suffers as US-Canada Relations Deteriorate

Strained US-Canada relations negatively impact Detroit, causing job losses in the auto industry due to 25 percent tariffs, decreased tourism from Windsor, and cancellation of a cross-border bus service due to political rhetoric, exemplifying the broader economic and social consequences of protection...

Detroit Suffers as US-Canada Relations Deteriorate

Strained US-Canada relations negatively impact Detroit, causing job losses in the auto industry due to 25 percent tariffs, decreased tourism from Windsor, and cancellation of a cross-border bus service due to political rhetoric, exemplifying the broader economic and social consequences of protection...

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What are the immediate economic and social consequences of the deteriorating US-Canada relationship on Detroit?

The strained US-Canada relationship severely impacts Detroit, a border city experiencing reduced traffic and job losses due to tariffs on the auto industry and decreased tourism. Cross-border collaborations in the auto industry, employing thousands, are disrupted, leading to layoffs in Windsor and price increases for consumers. The decline extends to healthcare, with fewer Canadian workers crossing the border.

repubblica.it

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Jun 1, 16:13

Global Market Volatility Amidst US-China Trade Tensions and ECB Rate Decision

Global markets face uncertainty due to escalating US-China trade tensions and the ECB's impending interest rate decision, with further actions contingent on US tariffs potentially taking effect on July 9th.

Global Market Volatility Amidst US-China Trade Tensions and ECB Rate Decision

Global markets face uncertainty due to escalating US-China trade tensions and the ECB's impending interest rate decision, with further actions contingent on US tariffs potentially taking effect on July 9th.

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What are the immediate economic consequences of renewed US-China trade tensions?

Global markets brace for volatility as US-China trade tensions escalate, with the US accusing China of violating a recent truce and describing talks as stalled. The European Central Bank is expected to cut interest rates by 25 basis points this week, with further cuts potentially contingent on US trade policy.

elmundo.es

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May 31, 04:08

Trump Doubles Steel and Aluminum Tariffs, Defying Court Ruling

President Trump announced a 50% tariff on imported steel and aluminum, defying a recent court ruling, citing job protection and promising bonuses to US Steel workers; this follows a court decision that deemed his previous tariffs unlawful, exceeding presidential powers.

Trump Doubles Steel and Aluminum Tariffs, Defying Court Ruling

President Trump announced a 50% tariff on imported steel and aluminum, defying a recent court ruling, citing job protection and promising bonuses to US Steel workers; this follows a court decision that deemed his previous tariffs unlawful, exceeding presidential powers.

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What are the immediate economic consequences of President Trump's decision to double tariffs on imported steel and aluminum?

President Trump announced a 50% tariff on imported steel and aluminum, doubling the previous rate, despite a federal court ruling against most of his tariffs. This decision, made without a cost-benefit analysis, directly impacts global trade and the American steel industry.

bbc.com

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May 31, 04:08

Trump Doubles Steel and Aluminum Tariffs to 50%

President Trump announced that the US will double tariffs on steel and aluminum imports to 50%, starting Wednesday, to boost the domestic steel industry and decrease reliance on China, alongside a reported $14 billion investment in Pennsylvania steel production through a partnership between US Steel...

Trump Doubles Steel and Aluminum Tariffs to 50%

President Trump announced that the US will double tariffs on steel and aluminum imports to 50%, starting Wednesday, to boost the domestic steel industry and decrease reliance on China, alongside a reported $14 billion investment in Pennsylvania steel production through a partnership between US Steel...

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How does this tariff increase affect US-China trade relations and global economic stability?

Trump's tariff increase is the latest move in his fluctuating trade policy. The decision follows a court battle over tariff legality and comes amid worsening US-China trade relations, marked by accusations of non-compliance and retaliatory actions. The move aims to protect US steel production, but it risks exacerbating global economic instability.

Showing 913 to 924 of 3,850 results