Tag #Trade Wars

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npr.org
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Trump Administration Announces New Tariffs, Following Months of Uncertainty

The Trump administration will implement new tariffs on imports starting August 1st, following a series of announcements and temporary reductions, with deals reached with the UK and Vietnam resulting in tariffs higher than pre-Trump levels despite being lower than initially announced.

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dailymail.co.uk
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US Budget Passes Amidst Economic Strengths and Growing Concerns

Donald Trump's budget bill passed Congress, boosting the US economy with job growth and record stock prices, but raising concerns about the rising national debt and looming trade disputes impacting global markets.

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dw.com
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BRICS Summit Highlights Multilateralism Amidst US, NATO Criticism and Leader Absences

The BRICS summit in Rio de Janeiro saw condemnation of US tariffs and NATO's defense spending, but was marked by Xi Jinping and Vladimir Putin's absences, reflecting internal challenges and evolving geopolitical dynamics.

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dw.com
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BRICS Condemns Unilateral US Trade Policies Amidst Leadership Absences

Eleven emerging economies, including Brazil, Russia, India, China, and South Africa, united within the BRICS group, criticized US unilateral trade policies during their summit, warning of their negative impacts on global trade and growth, despite the notable absence of key leaders, such as Chinese P...

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themarker.com
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Wall Street Dips Amid Trade Uncertainty and Trump's Budget Approval

Wall Street closed with slight declines after two days of record highs amidst investor concerns over US trade negotiations and the progress of President Trump's budget bill, which the Senate approved 51-50; the dollar fell to its lowest level in over three years; the S&P 500 entered a 'golden cross'...

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euronews.com
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US Stocks Rise on Trade Deal Hopes

US stock indexes rose significantly last week due to investor optimism surrounding potential trade deals, with the Dow Jones, Nasdaq, and S&P 500 experiencing substantial gains; however, futures are slightly lower Tuesday morning.

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abcnews.go.com
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Asian Markets Mixed Amidst US Trade Pressure

Asian markets reacted to increased trade pressure from the U.S. on July 8, with Japan and Hong Kong's indices falling while South Korea and Australia's indices rising slightly; oil prices also fell after OPEC+ agreed to raise production, and the U.S. dollar strengthened against the yen and euro.

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dw.com
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BRICS to Condemn Unilateral US Tariffs

The BRICS nations will express "serious concern" over rising unilateral US tariffs in their final summit declaration, criticizing them as trade-distorting and inconsistent with WTO rules, without directly mentioning President Trump. Finance ministers also voiced similar concerns.

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dw.com
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BRICS Summit Condemns US Trade Policies, Supports Iran, Demands Gaza Ceasefire

The BRICS summit issued a joint statement condemning US unilateral trade policies, demanding an unconditional Gaza ceasefire, and supporting Iran after attacks by the US and Israel; the summit showed BRICS as an alternative voice to Western-dominated global systems.

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theglobeandmail.com
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Canadian Futures Fall Amid US Trade Deal Uncertainty

Concerns over the July 9 US tariff deadline and pending trade deals caused Canada's benchmark index futures to fall 0.3 percent on Friday, while thin trading volume is expected due to the US Independence Day holiday; however, robust US jobs data and the passage of a large spending bill offered some ...

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es.euronews.com
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US Stocks Surge on Trade Deal Hopes

US stock markets surged last week, with the Dow Jones up 3%, Nasdaq up 2.83%, and S&P 500 up 2.37%, driven by optimism over potential trade deal resolutions before the July 9th tariff deadline. Canada's decision to revoke a planned tax on US tech companies and resume trade talks fueled the positive ...

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euronews.com
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Middle East Conflict Exacerbates Global Economic Uncertainty

The IMF managing director warned that the Middle East conflict will further worsen the global economic outlook, already strained by ongoing trade disputes initiated by the US, resulting in a projected half-percentage-point decline in global growth.

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44% Bias Score

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Showing 121 to 132 of 620 results