Trump Import Tax Hikes to Increase Prices for American Consumers
The incoming Trump administration's proposed import tax increases will lead to higher prices for various consumer goods, including shoes, toys, food, and electronics, significantly impacting American households, particularly lower-income ones, according to new research.
Trump Import Tax Hikes to Increase Prices for American Consumers
The incoming Trump administration's proposed import tax increases will lead to higher prices for various consumer goods, including shoes, toys, food, and electronics, significantly impacting American households, particularly lower-income ones, according to new research.
Progress
48% Bias Score
"Sharp Drop in German Exports Signals Structural Crisis"
"German exports fell 2.8% in October to \u20ac124.6 billion, the sharpest monthly drop this year, due to decreased demand and global competition, impacting major markets like the US (-14%) and China (-3.8%), causing concern about potential job losses and economic slowdown."
"Sharp Drop in German Exports Signals Structural Crisis"
"German exports fell 2.8% in October to \u20ac124.6 billion, the sharpest monthly drop this year, due to decreased demand and global competition, impacting major markets like the US (-14%) and China (-3.8%), causing concern about potential job losses and economic slowdown."
Progress
48% Bias Score
Canada Threatens Electricity Curtailment to Counter US Tariffs
Ontario's Premier Doug Ford threatened to cut off electricity exports to the US in response to President-elect Donald Trump's threatened tariffs, potentially affecting Michigan, New York, and Wisconsin, although experts believe the US has enough resources to absorb the loss and that the Canadian oil...
Canada Threatens Electricity Curtailment to Counter US Tariffs
Ontario's Premier Doug Ford threatened to cut off electricity exports to the US in response to President-elect Donald Trump's threatened tariffs, potentially affecting Michigan, New York, and Wisconsin, although experts believe the US has enough resources to absorb the loss and that the Canadian oil...
Progress
40% Bias Score
Alberta Launches CA$29 Million Border Patrol Amidst U.S. Tariff Threats
Faced with President-elect Trump's tariff threats, Alberta Premier Danielle Smith launched a CA$29 million Interdiction Patrol Team to enhance border security along its 298km border with Montana, involving sheriffs, support staff, canines, and drones, focusing on a two-kilometer "red zone" for incre...
Alberta Launches CA$29 Million Border Patrol Amidst U.S. Tariff Threats
Faced with President-elect Trump's tariff threats, Alberta Premier Danielle Smith launched a CA$29 million Interdiction Patrol Team to enhance border security along its 298km border with Montana, involving sheriffs, support staff, canines, and drones, focusing on a two-kilometer "red zone" for incre...
Progress
44% Bias Score
ECB Cuts Interest Rates Amid Eurozone Economic Slowdown
The European Central Bank (ECB) lowered its key interest rate by 0.25 percentage points to 3.0 percent on 2024-06-XX, its fourth cut this year, to counter weakening economic growth in the Eurozone and potential US trade conflicts, impacting commercial bank deposit and borrowing rates.
ECB Cuts Interest Rates Amid Eurozone Economic Slowdown
The European Central Bank (ECB) lowered its key interest rate by 0.25 percentage points to 3.0 percent on 2024-06-XX, its fourth cut this year, to counter weakening economic growth in the Eurozone and potential US trade conflicts, impacting commercial bank deposit and borrowing rates.
Progress
40% Bias Score
China to loosen monetary policy, increase deficit to counter growth slowdown
Facing slowing growth and potential US trade tensions, China's Central Economic Work Conference (CEWC) on December 11-12 pledged to increase the budget deficit, borrow more, and loosen monetary policy to maintain stable economic growth, prioritizing growth over financial risks despite challenges in ...
China to loosen monetary policy, increase deficit to counter growth slowdown
Facing slowing growth and potential US trade tensions, China's Central Economic Work Conference (CEWC) on December 11-12 pledged to increase the budget deficit, borrow more, and loosen monetary policy to maintain stable economic growth, prioritizing growth over financial risks despite challenges in ...
Progress
44% Bias Score
"Xi Seeks Trade Cooperation with Trump Amid Looming Trade War Risks"
"President Xi Jinping publicly expressed China's willingness to cooperate with the incoming Trump administration to resolve trade disputes, amid fears of a trade war, signaling a commitment to dialogue and market openness despite Trump's threats of imposing substantial tariffs on Chinese goods."
"Xi Seeks Trade Cooperation with Trump Amid Looming Trade War Risks"
"President Xi Jinping publicly expressed China's willingness to cooperate with the incoming Trump administration to resolve trade disputes, amid fears of a trade war, signaling a commitment to dialogue and market openness despite Trump's threats of imposing substantial tariffs on Chinese goods."
Progress
40% Bias Score
Canada Threatens Energy Curtailment to Counter US Tariffs
Ontario Premier Doug Ford threatened to cut energy exports to the US, primarily electricity, in retaliation for President-elect Trump's threatened tariffs, potentially disrupting US energy supplies and causing temporary price increases but also hurting Canada's own economy.
Canada Threatens Energy Curtailment to Counter US Tariffs
Ontario Premier Doug Ford threatened to cut energy exports to the US, primarily electricity, in retaliation for President-elect Trump's threatened tariffs, potentially disrupting US energy supplies and causing temporary price increases but also hurting Canada's own economy.
Progress
44% Bias Score
Germany's Economy to Contract in 2024, Slow Growth Projected Through 2025
The Bundesbank forecasts a 0.2% contraction of the German economy in 2024, revised from a 0.3% growth prediction in June, and a mere 0.2% growth in 2025, down from 1.1%, due to energy dependence, aging population, deficient infrastructure, and declining Chinese demand, further complicated by politic...
Germany's Economy to Contract in 2024, Slow Growth Projected Through 2025
The Bundesbank forecasts a 0.2% contraction of the German economy in 2024, revised from a 0.3% growth prediction in June, and a mere 0.2% growth in 2025, down from 1.1%, due to energy dependence, aging population, deficient infrastructure, and declining Chinese demand, further complicated by politic...
Progress
32% Bias Score
"ECB Cuts Interest Rates Amidst Slowing Inflation and Trade War Fears"
"The European Central Bank (ECB) cut its key interest rate to 3.75 percent on December 12th, 2024, marking the fourth such cut this year, amidst slowing inflation but growing concerns about potential US trade conflicts impacting the Eurozone economy."
"ECB Cuts Interest Rates Amidst Slowing Inflation and Trade War Fears"
"The European Central Bank (ECB) cut its key interest rate to 3.75 percent on December 12th, 2024, marking the fourth such cut this year, amidst slowing inflation but growing concerns about potential US trade conflicts impacting the Eurozone economy."
Progress
36% Bias Score
Trump's Tariff Threats Shake Global Markets
Donald Trump's 2024 election victory was initially celebrated by the US stock market, but concerns arose over his renewed threats of tariffs on China, Canada, Mexico, and other trade partners, potentially leading to a global trade contraction of up to 10% and a 1% reduction in US economic growth, ac...
Trump's Tariff Threats Shake Global Markets
Donald Trump's 2024 election victory was initially celebrated by the US stock market, but concerns arose over his renewed threats of tariffs on China, Canada, Mexico, and other trade partners, potentially leading to a global trade contraction of up to 10% and a 1% reduction in US economic growth, ac...
Progress
40% Bias Score
Trump Threatens 25% Tariffs on Mexican and Canadian Goods
President-elect Trump threatens 25% tariffs on Mexican and Canadian goods, starting January 1st, due to border concerns; economists warn of severe economic consequences for both countries, with Mexico particularly vulnerable due to its high reliance on US exports (77% in 2022), while Canada also fac...
Trump Threatens 25% Tariffs on Mexican and Canadian Goods
President-elect Trump threatens 25% tariffs on Mexican and Canadian goods, starting January 1st, due to border concerns; economists warn of severe economic consequences for both countries, with Mexico particularly vulnerable due to its high reliance on US exports (77% in 2022), while Canada also fac...
Progress
32% Bias Score