Tag #Trade War

edition.cnn.com
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Trump to Block Nippon Steel's $15 Billion US Steel Takeover Bid

President-elect Donald Trump plans to block Nippon Steel's $15 billion takeover bid of US Steel, despite Nippon Steel's commitment to invest $2.7 billion and secure union jobs, prioritizing a domestic revitalization plan through tax incentives and tariffs.

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44% Bias Score

elpais.com
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US Businesses Brace for Tariffs, Cancel Bonuses

The day after Donald Trump's re-election, a Pennsylvania company cancelled its Christmas bonus to fund increased inventory due to anticipated tariffs on imports from China, Mexico, and Canada, highlighting widespread economic concerns among businesses and consumers.

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52% Bias Score

spanish.china.org.cn
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China Urges Uniqlo to Prioritize Business Interests Amid Xinjiang Cotton Controversy

Following a BBC interview where Uniqlo CEO Tadashi Yanai stated that the company does not use Xinjiang cotton, China urged the company to prioritize its business interests and avoid political pressure, leading to significant online debate and potential boycotts in China.

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56% Bias Score

lexpress.fr
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Trump Announces 25% Tariffs on Mexican and Canadian Goods

President-elect Trump announced on Monday a 25% tariff on all goods imported from Mexico and Canada, prompting a Friday meeting between Trump and Canadian Prime Minister Trudeau to discuss the issue, while Mexico also threatens retaliatory tariffs.

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40% Bias Score

dailymail.co.uk
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Trump's Tariffs Pose Significant Threat to Texas Economy

President Trump's proposed 25% tariffs on goods from Mexico and Canada could cost the U.S. economy $250.6 billion annually and 1.97 million jobs, with Texas facing disproportionate losses of $46.9 billion and 370,000 jobs due to its close trade ties with Mexico.

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64% Bias Score

abcnews.go.com
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Sheinbaum Confident of Avoiding U.S. Tariff War Despite Trump Threats

Mexican President Sheinbaum expressed confidence in averting a tariff war with the U.S. following a phone call with President-elect Trump, despite Trump's threats of 25% tariffs on Mexican and Canadian goods and 10% on Chinese goods unless illegal immigration and drug flows are stopped, and despite ...

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44% Bias Score

kathimerini.gr
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Euro Falls to 2022 Low Amidst US Trade War Fears

The Euro fell to a 2022 low of $1.04 against the dollar last week due to fears of a US trade war, geopolitical instability, and diverging economic policies; analysts predict further decline, with some forecasting a drop to $0.99 by the first quarter of 2025.

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48% Bias Score

spanish.china.org.cn
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Mexico Confident of Avoiding US Tariffs Despite Trump's Threat

Mexican President Claudia Sheinbaum is confident of reaching an agreement with US President-elect Donald Trump to avoid a 25% tariff on Mexican goods, threatened by Trump on November 26, 2024, to curb irregular migration, with implementation planned for January 20, 2025; Sheinbaum stated that Mexico...

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32% Bias Score

theglobeandmail.com
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Illegal U.S. Border Crossings Plummet in November 2024

U.S. border arrests of migrants fell sharply in November 2024 to 47,000 at the Mexican border and 700 at the Canadian border, contradicting President-elect Trump's assertion of rampant illegal immigration; this followed increased Mexican enforcement and a strengthened "safe third country" agreement ...

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40% Bias Score

nrc.nl
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Trump Threatens 25% Tariff on Canadian Imports

Donald Trump threatens a 25% tariff on all Canadian imports after his inauguration, jeopardizing the $908 billion USD in bilateral trade between the two countries in 2022 and potentially causing a severe economic downturn in Canada. This action disregards the USMCA trade agreement and causes concern...

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44% Bias Score

sueddeutsche.de
🌐 75% Global Worthiness
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German Industry Faces Job Losses Amidst Economic Headwinds

High inflation, reduced Chinese demand, and US trade uncertainty are causing job losses at major German industrial firms like Bosch, VW, and Thyssenkrupp, prompting calls for government intervention to prevent deindustrialization.

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40% Bias Score

lemonde.fr
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Sheinbaum Confident of Avoiding US Tariff War Despite Trump Threats

Mexican President Claudia Sheinbaum confidently stated on November 28th that a tariff war with the U.S. is avoidable after a phone call with President-elect Donald Trump, despite Trump's threat of 25% tariffs on Mexican goods unless illegal immigration and drug flows are stopped; however, the specif...

Progress

40% Bias Score