Tag #Trade War

abcnews.go.com
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Trudeau warns of price hikes from Trump's threatened tariffs

Canadian Prime Minister Justin Trudeau warned that President-elect Trump's threatened 25% tariffs on Canadian goods would raise prices for American consumers, and vowed to retaliate with targeted tariffs impacting politically sensitive US products.

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44% Bias Score

No Poverty
forbes.com
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Falling Copper Prices Signal Slowing Global Economic Growth

Copper prices are falling, currently at $4.18/lb, down 18% in seven months, signaling slowing global economic growth due to trade war concerns and underwhelming Chinese stimulus; investment banks predict further price drops to around $3.72/lb by next year.

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48% Bias Score

Decent Work and Economic Growth
cnbc.com
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Trump's New Tariffs Risk Igniting Global Trade War

President-elect Donald Trump's planned tariffs of 25% on Mexico and Canada and 10% on China, announced via social media, risk reigniting a global trade war, according to Warren Buffett, who in 2018 and 2019 warned of negative economic consequences from similar policies.

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40% Bias Score

Reduced Inequality
theguardian.com
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California Farmers Prioritize Trump's Pro-Agriculture Stance Despite Immigration Concerns

California farmers largely support President Trump despite his anti-immigration stance, prioritizing his perceived pro-agriculture policies over concerns about potential labor shortages resulting from deportations; however, this support is not universal and long-term implications remain uncertain.

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60% Bias Score

Zero Hunger
africa.chinadaily.com.cn
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US Solar Tariffs Spark China's Criticism, Raising Costs for American Consumers

The US imposed tariffs of up to 271.28% on solar products from four Southeast Asian nations, prompting criticism from China, which argued the move harms global climate efforts and raises costs for American consumers. The final decision is set for April 18, 2025.

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40% Bias Score

Climate Action
africa.chinadaily.com.cn
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Trump Signals Potential Shift in US-China Trade Relations

While campaigning on increased tariffs against China, President Trump signals a potential shift toward encouraging Chinese investment in US auto manufacturing, conditional on domestic production and American employment, which contrasts with the Biden administration's protectionist stance and carries...

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44% Bias Score

Decent Work and Economic Growth
forbes.com
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China's Export Bans Threaten US Electric Vehicle Leadership

China's new export bans on graphite and key rare minerals used in EV batteries and semiconductors pose a significant threat to US electric vehicle manufacturers, potentially shifting global EV leadership to China.

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48% Bias Score

Industry, Innovation, and Infrastructure
dw.com
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China Bans Export of Rare Earths to US, Escalating Tech War

In early December, China banned exports of dual-use rare earth elements to the US, including Gallium and Germanium, vital for semiconductor and military applications; this retaliatory move follows similar US restrictions and escalates existing trade tensions, potentially impacting the US economy.

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36% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
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Canadian Exporters Hedge Against US Tariff Threat

Facing potential 25% US tariffs, Canadian exporters are increasing US inventory shipments and covering tariff costs for clients, mirroring 2018 responses to steel and aluminum tariffs, while also planning longer-term strategies like increased US production and market diversification.

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32% Bias Score

Decent Work and Economic Growth
nbcnews.com
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Trump Nominates Perdue as US Ambassador to China

Donald Trump nominated former Senator David Perdue as the next U.S. ambassador to China, citing his business experience and Senate service; the nomination is subject to Senate confirmation.

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36% Bias Score

Peace, Justice, and Strong Institutions
europe.chinadaily.com.cn
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US Imposes High Tariffs on Southeast Asian Solar Products

The US imposed tariffs of up to 271.28 percent on solar products from four Southeast Asian countries, prompting criticism from China and concerns about increased costs and potential impacts on US renewable energy goals.

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48% Bias Score

Climate Action
europe.chinadaily.com.cn
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Trump's conditional openness to Chinese auto investment in the US

Despite his campaign promise of imposing higher tariffs on Chinese goods, President Trump is considering allowing Chinese automakers to manufacture vehicles in the US, creating jobs and boosting the US economy; however, this will require the complete production and employment of Americans.

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40% Bias Score

Decent Work and Economic Growth