Tag #Trade War

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cnn.com
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Trump's Tax Cut Plan: Economic Stimulus or Debt Crisis?

President Trump's proposed tax cuts, which include extending the 2017 Tax Cuts and Jobs Act and adding potential cuts on tips, overtime, and Social Security, are under debate by lawmakers, potentially boosting consumer spending but also increasing the deficit and impacting interest rates; economists...

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40% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
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US Consumer Sentiment Hits Lowest Point Since July 2022 Amid Trade War Worries

U.S. consumer sentiment dropped 2.7% in May to 50.8, its lowest since July 2022, due to worries about inflation from President Trump's trade war; economists are divided on the severity of the situation, with some noting that retail sales remain strong despite the decline in confidence.

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52% Bias Score

Reduced Inequality
us.cnn.com
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Trump Tariffs Drive US Consumer Sentiment to Near-Record Low

US consumer sentiment in May 2025 hit a near-record low of 50.8, primarily driven by President Trump's tariffs, fueling inflation expectations to 7.3% and signaling potential economic contraction; a recent US-China tariff de-escalation had minimal impact on sentiment.

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60% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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Trump to Impose New Tariffs on Countries Failing to Reach Trade Deals

President Trump announced that new tariffs will be imposed on countries that fail to finalize trade deals within the next 2-3 weeks, with Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick notifying affected countries of the new rates. This follows a 90-day pause on reciprocal ta...

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48% Bias Score

Decent Work and Economic Growth
forbes.com
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Trump Tariffs Trigger Major Corporate Losses and Uncertainty

Trump's tariffs caused significant financial losses for numerous major corporations, including Walmart, Toyota, and Ford, leading to withdrawn financial guidance and highlighting uncertainty in the economic outlook for 2025.

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60% Bias Score

Reduced Inequality
kathimerini.gr
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UK-US Trade Deal Sparks China's Criticism

A new trade agreement between Britain and the US, potentially excluding Chinese products from British supply chains, has drawn criticism from China, complicating Britain's efforts to improve relations with Beijing.

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48% Bias Score

Partnerships for the Goals
elpais.com
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EU-US Trade Surplus Soars Amid Trump's Tariff War

In the first quarter of 2025, the EU's trade surplus with the US nearly doubled to €82 billion due to US importers' preemptive purchases to avoid Trump's tariffs; however, the trade deficit with China increased significantly to €88 billion.

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36% Bias Score

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cnn.com
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Consumer Sentiment Plunges to Near-Record Low Amidst Lingering Tariff Concerns

The University of Michigan's consumer sentiment index plummeted to 50.8 in May, a near-record low fueled by lingering anxieties over President Trump's tariffs, despite recent US-China trade détente.

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48% Bias Score

No Poverty
abcnews.go.com
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Wall Street Nears Record Highs Amid Tariff Uncertainty

U.S. stocks are nearing all-time highs on Friday, driven by hopes of reduced tariffs and better-than-expected inflation reports, although lingering trade uncertainty and a Japanese economic contraction add complexities.

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44% Bias Score

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abcnews.go.com
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Consumer Sentiment Plunges Despite Tariff Reductions

Consumer sentiment fell for a fourth straight month in May to near a three-year low despite a recent U.S.-China trade deal and easing inflation; this decline, driven by lingering tariff concerns and economic uncertainty, poses a risk to the U.S. economy, where consumer spending accounts for about tw...

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40% Bias Score

No Poverty
edition.cnn.com
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Trump's Trade Policy Reversal Fuels Historic Market Rally

President Trump's initially chaotic trade war in early April 2025 caused a rapid US stock and bond selloff, but a subsequent 90-day pause and tariff reductions triggered a swift market recovery, erasing the year's losses and adding nearly $8 trillion in market value by late April, despite average ta...

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52% Bias Score

Decent Work and Economic Growth
smh.com.au
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Trump's Energy Policy Contradiction: Lower Prices, but No Oil Boom

The Trump administration's conflicting goals of increased US oil production and lower oil prices are challenged by OPEC's revised production forecasts, lower-than-expected US production increases, and the negative impact of Trump's trade policies on the US oil sector.

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56% Bias Score

Climate Action

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