Tag #Trade War

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cbsnews.com
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Trump's Tariffs Cause Chaos in Pennsylvania

Pennsylvania Governor Josh Shapiro blames President Trump's tariffs for causing market confusion and price increases, citing the impact on PhilaPort, which handles almost 20% of U.S. fruit imports and faces potential job losses due to uncertainty; Trump's 90-day pause offers temporary relief, but so...

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usa.chinadaily.com.cn
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China Warns Citizens of US Travel and Education Risks Amid Strained Relations

China's Ministries of Culture and Tourism and Education warned citizens about US travel and education risks due to strained relations and US policies, impacting tourism (1.6 million visitors in 2024, down from pre-pandemic levels) and student numbers (277,398 in 2023-24, a 100,000 decrease in four y...

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theglobeandmail.com
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U.S. Bank Profits Soar Amidst Tariff-Fueled Economic Uncertainty

Despite record profits at major U.S. banks in Q1 2024 driven by increased stock trading, executives warn of looming economic uncertainty due to President Trump's tariffs, causing consumers and corporations to delay spending and investments.

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elpais.com
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UK Averts British Steel Closure with Emergency Parliament Session

The UK government is holding an emergency parliamentary session to prevent the closure of British Steel's last two blast furnaces, saving 2,700 jobs, after unsuccessful negotiations with the Chinese owner, Jingye, amid rising global instability and US tariffs.

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theglobeandmail.com
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Trump's Tariffs Slow Global Economy, Canada Responds

US President Trump's fluctuating tariffs, including a 145 percent levy on Chinese goods and continued 25 percent duties on steel and aluminum, are slowing the global economy; Canada's Prime Minister convened a cabinet committee in response, and plans for post-election negotiations with the US are un...

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nos.nl
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US Dollar Plummets to Three-Year Low Amidst Global Market Chaos

Amidst global market turmoil, the US dollar fell to a three-year low against the euro (0.88 EUR/USD) last week, driven by waning investor confidence in the US economy due to the government's trade policies and increased recession forecasts from major banks like Goldman Sachs (45% probability) and JP...

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nos.nl
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Trump's Temporary Tariff Reduction: Relief and Lingering Uncertainty

President Trump temporarily lowered import tariffs for many countries, including a reduction from 20 percent to 10 percent for Europe for 90 days, causing relief but also concerns about lasting damage to confidence and potential dumping from China.

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foxnews.com
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U.S., Panama Secure Canal Access Deal Amid China Tensions

The Trump administration and Panama signed a joint declaration for increased military cooperation and cost-neutral U.S. warship transit through the Panama Canal, aiming to counter growing Chinese influence amid a rising trade war with China.

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fr.allafrica.com
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Trump's Tariff Suspension: Market Rebound Amidst Insider Trading Probe

President Trump's 90-day suspension of planned tariff hikes, following days of global economic crisis fears, caused a stock market surge, while also triggering a congressional investigation into potential insider trading among his close associates.

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de.euronews.com
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Trump's Tariffs Threaten European Textile Industry

President Trump's decision to pause some tariffs while increasing others on Chinese goods creates uncertainty for the €7.5 billion European textile export market to the US, potentially leading to increased Asian imports into Europe and supply chain restructuring.

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pt.euronews.com
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US Tariffs Threaten €1.5 Billion Blow to European Textile Industry

Facing potential US tariffs, the European textile industry could lose €1.5 billion annually, with Italy, France, and Portugal hardest hit, while a surge of Asian textiles into Europe threatens further disruption.

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nos.nl
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Weakening US dollar reflects declining investor confidence amid trade war

Amidst global market chaos, the US dollar fell to a three-year low against the euro last week, driven by investor concern over US trade policies and the increased risk of recession, with Goldman Sachs and JP Morgan forecasting a 45% and 60% chance of a US recession within a year.

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Showing 1,153 to 1,164 of 3,294 results