Tag #Trade War

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dailymail.co.uk

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Apr 16, 07:14

Hong Kong Halts US Postal Service Amid Trade War

Hong Kong suspended airmail services to the US on April 27th due to the US imposing what Hong Kong officials called 'abusive' tariffs; surface mail with goods is also suspended, leaving residents to pay exorbitant fees or use significantly slower shipping.

Hong Kong Halts US Postal Service Amid Trade War

Hong Kong suspended airmail services to the US on April 27th due to the US imposing what Hong Kong officials called 'abusive' tariffs; surface mail with goods is also suspended, leaving residents to pay exorbitant fees or use significantly slower shipping.

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How does Hong Kong's decision relate to the broader US-China trade conflict?

This action escalates the US-China trade war, impacting Hong Kong as a Chinese territory. The suspension follows a US tariff increase and the removal of a customs exemption, affecting e-commerce significantly. Hong Kong's move mirrors previous US actions, creating reciprocal trade barriers.

spanish.china.org.cn

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Apr 16, 10:08

China Implements Trade Policies to Counter US Tariffs

Facing increased US tariffs, major Chinese cities are implementing policies to stabilize foreign trade, including financial subsidies for international trade fairs and support for businesses to expand into new markets.

China Implements Trade Policies to Counter US Tariffs

Facing increased US tariffs, major Chinese cities are implementing policies to stabilize foreign trade, including financial subsidies for international trade fairs and support for businesses to expand into new markets.

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What immediate actions are Chinese cities taking to counter the negative effects of increased US tariffs on their foreign trade?

China's major trade hubs, including Dongguan, Shenzhen, and Shanghai, are implementing new policies to stabilize foreign trade and boost domestic consumption in response to rising US tariffs. These measures include strengthening ties with key manufacturers, organizing business matching events, and providing subsidies for international market expansion.

nrc.nl

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Apr 16, 22:14

Meloni's White House Visit Raises EU Trade Concerns

Italian Prime Minister Giorgia Meloni's visit to the White House on Thursday, amidst a US-EU trade dispute, raises concerns in Brussels about potential divisions within the EU. Meloni's close ties with President Trump, contrasted with EU President Von der Leyen's distant relationship, highlight the ...

Meloni's White House Visit Raises EU Trade Concerns

Italian Prime Minister Giorgia Meloni's visit to the White House on Thursday, amidst a US-EU trade dispute, raises concerns in Brussels about potential divisions within the EU. Meloni's close ties with President Trump, contrasted with EU President Von der Leyen's distant relationship, highlight the ...

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What are the immediate implications of Meloni's meeting with Trump for EU-US trade relations?

Italian Prime Minister Giorgia Meloni's close relationship with US President Trump contrasts sharply with EU President Ursula von der Leyen's lack of interaction with Trump. Meloni's visit to the White House aims to secure a favorable trade agreement for Italy amidst a tense trade war with the US, raising concerns in Brussels about potential fracturing of European unity. Her meeting with Trump, followed by one with Senator JD Vance, fuels these concerns.

elpais.com

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Apr 16, 07:14

US Tariffs and Global Uncertainty Threaten Chilean Economy

US tariffs threaten Chile's \$31.517 billion (2024) export market, impacting salmon (40% reliant on US), fruit, and wine exports, prompting negotiations and calls for market diversification amidst global trade uncertainty.

US Tariffs and Global Uncertainty Threaten Chilean Economy

US tariffs threaten Chile's \$31.517 billion (2024) export market, impacting salmon (40% reliant on US), fruit, and wine exports, prompting negotiations and calls for market diversification amidst global trade uncertainty.

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What are the immediate economic consequences for Chile due to the US tariffs and the broader global trade uncertainty?

The 10% tariff imposed by the US on Chilean exports, excluding copper, significantly impacts key industries like salmon, fruit, and wine, threatening their competitiveness in the US and other markets. This directly affects Chilean exports totaling \$31.517 billion in 2024, representing an average annual growth of 6.2% between 2019 and 2024. The Chilean government is actively negotiating with the US to mitigate these effects.

theglobeandmail.com

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Apr 16, 01:14

Canada Offers Conditional Aid to Automakers Amidst US Trade War

Amidst a trade war with the US, Canada offers conditional relief to automakers, while President Trump reiterates his desire for Canada to become the 51st US state; Ontario outlines post-election priorities, including infrastructure projects and trade barrier reduction; and various federal leaders ca...

Canada Offers Conditional Aid to Automakers Amidst US Trade War

Amidst a trade war with the US, Canada offers conditional relief to automakers, while President Trump reiterates his desire for Canada to become the 51st US state; Ontario outlines post-election priorities, including infrastructure projects and trade barrier reduction; and various federal leaders ca...

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What immediate economic impacts will Ottawa's conditional aid package have on Canadian automakers, and how might this influence future manufacturing decisions?

Ottawa is providing relief to automakers impacted by US tariffs, but this aid is conditional on maintaining Canadian manufacturing. Honda Canada confirmed it won't move production to the US. President Trump's stance on Canada's potential annexation remains unchanged, according to White House Press Secretary Karoline Leavitt.

nrc.nl

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Apr 16, 01:14

Trump's Trade War Ignores US Service Sector Surplus

President Trump's trade war, focused on goods deficits, overlooks the US's substantial $280 billion service sector surplus in 2024, a key factor ignored in his tariff calculations, potentially leading to miscalculated retaliatory measures from other nations.

Trump's Trade War Ignores US Service Sector Surplus

President Trump's trade war, focused on goods deficits, overlooks the US's substantial $280 billion service sector surplus in 2024, a key factor ignored in his tariff calculations, potentially leading to miscalculated retaliatory measures from other nations.

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What is the fundamental flaw in President Trump's trade war strategy concerning its impact on the US economy?

President Trump initiated a trade war focused on goods, aiming to revive American manufacturing jobs. However, the US economy is primarily service-based, with over 75% of workers in the service sector, significantly undermining his approach.

cnn.com

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Apr 16, 16:14

TikTok Becomes Battleground in US-China Trade War

Chinese manufacturers are using TikTok to sell products directly to American consumers, bypassing President Trump's 145% tariffs, highlighting the reliance on Chinese goods and the potential impact on prices and availability; however, the legitimacy of these suppliers is questionable due to non-disc...

TikTok Becomes Battleground in US-China Trade War

Chinese manufacturers are using TikTok to sell products directly to American consumers, bypassing President Trump's 145% tariffs, highlighting the reliance on Chinese goods and the potential impact on prices and availability; however, the legitimacy of these suppliers is questionable due to non-disc...

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How do these TikTok videos expose the complexities of global supply chains, and what are the implications for consumer trust and brand loyalty?

The influx of Chinese suppliers on TikTok reveals the complex interplay between international trade policy, consumer behavior, and supply chain transparency. While some videos claim to offer direct access to manufacturers of brands like Lululemon, experts doubt the legitimacy of these claims due to non-disclosure agreements and potential counterfeiting. The viral videos underscore the extent to which American consumers depend on Chinese manufacturing.

elpais.com

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Apr 16, 10:08

Spain-China Trade Deal to Boost Pork Exports

A new trade agreement between Spain and China will allow for increased exports of Spanish pork products, creating economic benefits for Spain and potentially mitigating the impact of the US-China trade war and other recent challenges.

Spain-China Trade Deal to Boost Pork Exports

A new trade agreement between Spain and China will allow for increased exports of Spanish pork products, creating economic benefits for Spain and potentially mitigating the impact of the US-China trade war and other recent challenges.

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How did the US-China trade war create a favorable opportunity for Spanish pork producers?

China's pork production was devastated by a disease outbreak in 2018-2019, creating a market gap filled by Spain and other nations. However, China's recovery and increased competition from the US and Brazil reduced Spanish exports until the recent trade war. Now, new trade agreements may reverse this trend.

cbsnews.com

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Apr 16, 22:14

California Sues Trump Over Unlawful Tariffs

California Governor Gavin Newsom announced a lawsuit against President Trump's tariffs on Wednesday, arguing they are unlawful and cause billions of dollars in damages to the state. The lawsuit, the 14th against the Trump administration in under 14 weeks, will be filed in the U.S. District Court for...

California Sues Trump Over Unlawful Tariffs

California Governor Gavin Newsom announced a lawsuit against President Trump's tariffs on Wednesday, arguing they are unlawful and cause billions of dollars in damages to the state. The lawsuit, the 14th against the Trump administration in under 14 weeks, will be filed in the U.S. District Court for...

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How does California's lawsuit connect to broader issues of executive power versus Congressional authority in setting trade policy?

The lawsuit highlights the conflict between executive power and Congressional authority on trade policy. California's action underscores the significant economic impact of Trump's tariffs, particularly on states with large export sectors like California, which faces billions of dollars in potential losses. The escalating trade war and unpredictable tariff changes further destabilize global markets.

edition.cnn.com

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Apr 16, 07:14

China's Q1 2025 GDP Growth Exceeds Expectations Despite US Tariffs

China's economy grew by 5.4% in the first quarter of 2025, exceeding expectations, driven by strong exports before the full impact of US tariffs. This growth comes despite existing domestic economic challenges, including a property sector crisis and weak consumer spending.

China's Q1 2025 GDP Growth Exceeds Expectations Despite US Tariffs

China's economy grew by 5.4% in the first quarter of 2025, exceeding expectations, driven by strong exports before the full impact of US tariffs. This growth comes despite existing domestic economic challenges, including a property sector crisis and weak consumer spending.

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What was China's GDP growth in Q1 2025, and how does this compare to predictions and the ongoing trade war with the US?

China's economy grew by 5.4% in the first quarter of 2025, exceeding expectations by 0.3%. This growth, driven by exports, occurred before the full impact of US tariffs took effect.

theglobeandmail.com

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Apr 16, 01:14

Trump's Surprise Tariffs Trigger Global Market Plunge

President Trump's April 2nd tariff announcement, imposing a 10% universal levy and significantly higher "reciprocal" tariffs on various countries, triggered a sharp global market downturn due to the unexpected scale and uncertainty surrounding the new policy.

Trump's Surprise Tariffs Trigger Global Market Plunge

President Trump's April 2nd tariff announcement, imposing a 10% universal levy and significantly higher "reciprocal" tariffs on various countries, triggered a sharp global market downturn due to the unexpected scale and uncertainty surrounding the new policy.

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What caused the unexpected and sharp global market downturn following President Trump's April 2nd tariff announcement?

President Trump's surprise "Liberation Day" tariff announcement on April 2nd caused a significant global market downturn, exceeding the impact of previously announced tariffs which only totaled 0.75% of US GDP. This sudden drop highlights the market's inability to predict such large-scale, unexpected policy changes.

welt.de

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Apr 16, 22:13

Trump's Trade War, Supreme Court Defiance, and Canada's Political Shift

The "This is America" podcast analyzes Donald Trump's escalating trade war with China, resulting in high tariffs and concerns about price increases. Simultaneously, Trump defies a Supreme Court order to return a mistakenly deported man to the US, while Canada's prime minister uses Trump's actions to...

Trump's Trade War, Supreme Court Defiance, and Canada's Political Shift

The "This is America" podcast analyzes Donald Trump's escalating trade war with China, resulting in high tariffs and concerns about price increases. Simultaneously, Trump defies a Supreme Court order to return a mistakenly deported man to the US, while Canada's prime minister uses Trump's actions to...

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What are the potential long-term implications of Trump's current policies for the US economy, international relations, and global trade dynamics?

The escalating trade war could significantly impact American consumers and the global economy. Trump's actions, coupled with his disregard for the Supreme Court's ruling, may further destabilize international relations and influence upcoming Canadian elections. The long-term effects of these policies on the US economy and global trade remain uncertain.

Showing 973 to 984 of 3,238 results