Tag #Trade War

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Trump Threatens EU with Tariffs Over Trade Deficit

President-elect Donald Trump threatened the EU with tariffs due to a $202.5 billion trade deficit in 2022, demanding increased oil and gas purchases or facing sanctions; this follows similar threats against Canada, Mexico, and China, potentially impacting global trade and contrasting with the EU's r...

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elpais.com
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Trump Threatens EU Tariffs Unless Energy Purchases Increase

Incoming US President Donald Trump threatens to impose tariffs on European goods if the EU doesn't substantially increase purchases of American oil and gas, prompting the EU to prepare contingency plans including retaliatory tariffs and increased energy cooperation while also seeking further negotia...

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politico.eu
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Trump Threatens EU with Tariffs Over Energy Purchases

President-elect Trump threatened the European Union with tariffs on Friday unless it significantly increases purchases of American oil and gas, escalating trade tensions following his first term's imposition of tariffs on steel and aluminum. The EU exported $576.3 billion worth of goods to the U.S. ...

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npr.org
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Trump's Protectionist Stance Reshapes Republican Trade Policy

President-elect Trump's embrace of tariffs signals a significant departure from the Republican Party's historical pro-free trade stance, potentially leading to higher prices for consumers and a more protectionist economic policy.

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cnbc.com
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Fed's Revised Rate Cut Projection Triggers Wall Street Sell-off

Wall Street experienced a sell-off after the Federal Reserve projected fewer rate cuts in 2025 than previously anticipated, causing major indexes to decline as investors adjusted to a less dovish outlook and higher inflation.

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it.euronews.com
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Trump Revisits Canada as 51st State Amidst Trade Tensions

Donald Trump, on his Truth Social platform, again proposed making Canada the 51st US state, citing unsubstantiated financial claims and a 13% approval rate among Canadians from a Leger poll; this follows recent trade tensions and the resignation of Canada's Finance Minister, Chrystia Freeland, who c...

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lexpress.fr
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Musk's China Ties Clash with Trump's Anti-China Stance

Despite a hawkish anti-China stance among key figures in Donald Trump's potential administration, Elon Musk's pro-China position and Tesla's significant reliance on its Shanghai Gigafactory create a complex geopolitical and business challenge.

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theglobeandmail.com
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Loonie Falls Below 70 Cents Amidst US Dollar Strength and Tariff Threats

The Canadian dollar fell below 70 US cents due to US Federal Reserve actions, US tariff threats against Canada, and Canadian political instability; analysts predict continued weakness unless US dollar weakens or tariffs fail to materialize.

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Trump Threatens EU Tariffs Over Energy Trade

President-elect Donald Trump threatened on Thursday to impose tariffs on the European Union unless they significantly increase purchases of American oil and gas to reduce the trade deficit; European stocks fell sharply in response.

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lefigaro.fr
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Trump Threatens EU with Tariffs Over Trade Deficit

Donald Trump threatened the European Union with tariffs on goods unless it significantly reduces its trade deficit with the United States by increasing purchases of American oil and gas; the US had a $202.5 billion trade deficit with the EU in 2022.

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cnbc.com
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Stock Market Sell-Off: Yardeni Research Predicts Further Declines

On Wednesday, the stock market suffered a sharp decline following the Federal Reserve's lowered rate-cut projections; Yardeni Research predicts further market weakness due to potential tax deferrals, a possible dockworkers' strike, and President-elect Trump's protectionist trade policies.

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dailymail.co.uk
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UK Leaders Express Concern Over Potential US Tariffs Under Trump

UK Prime Minister and Labour leader Keir Starmer voiced concerns today about potential US tariffs under a second Trump presidency, which include a 10–20 percent levy on all imported goods, threatening UK trade and necessitating efforts to maintain strong US trade relations while mitigating tariff ri...

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