Tag #Trade Wars

bbc.com
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Trump's Tariffs: Economic Harm Despite Claims of Benefit

Donald Trump's tariff policies, contrary to his claims, are widely considered by economists to harm the US economy, based on historical examples and the principles of free trade, while benefiting only a few African nations.

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56% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Acemoglu: US Protectionism Undermines Global Order, Threatening Prosperity

In a Financial Times op-ed, Nobel economist Daron Acemoglu blames America's protectionist policies and institutional failures for undermining its own economic strength and global standing, warning of a self-reinforcing cycle of instability.

Progress

48% Bias Score

Reduced Inequality
cincodias.elpais.com
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Trump's Policies Trigger 16% Clean Energy Index Drop

Donald Trump's policies, including withdrawing from the Paris Agreement and imposing tariffs on clean energy components, have caused a 16% decline in the S&P Global Clean Energy index since November 5th, impacting companies like Solaria (-20.9%), Acciona Energía (-7.1%), and Iberdrola (-2.9%), and p...

Progress

48% Bias Score

Affordable and Clean Energy
cnbc.com
🌐 75% Global Worthiness
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McConnell Condemns Trump's Tariffs, Citing Economic Harm

Senator Mitch McConnell criticized President Trump's tariffs, warning of negative economic consequences for American families and businesses, particularly impacting Kentucky's agriculture, auto, and bourbon industries; the op-ed is a rare public rebuke from a senior Republican.

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump's Invasion Threats Condemned: Canada and EU Seek Unified Trade Strategy

Canada's ambassador to France condemned President Trump's threats to invade countries, citing violations of international law; these threats include tariffs and potential military action against Canada and Greenland, prompting Canada and the EU to seek a unified trade strategy.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
nbcnews.com
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Trump Tariffs Cause "Chaos" in U.S. Auto Industry, Ford CEO Warns

Ford CEO Jim Farley states that President Trump's tariffs are causing significant cost increases and "chaos" within the U.S. automotive industry, impacting suppliers and potentially devastating the industry if levies on Mexican goods go into effect; he is traveling to Washington D.C. to meet with go...

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariff Threats: Canada's Strategic Response

President Trump's unpredictable tariff threats against Canada, such as the recent 25 percent tariff on steel and aluminum, are causing economic instability. Canada should preemptively negotiate a revised USMCA in 2025, leveraging Trump's vulnerabilities, including his sensitivity to stock market flu...

Progress

48% Bias Score

Decent Work and Economic Growth
themarker.com
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Asian Markets Rise After Powell's Rate Signal; Tariffs Shake Global Trade

Asian-Pacific markets rose after Fed Chair Powell signaled no immediate rate cut due to the strong US economy; upcoming US CPI data will provide further inflation insights; Chinese tech stocks surged on UBS's positive AI forecast and Alibaba's potential partnership with Apple; Japan requested a stee...

Progress

48% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Trudeau in Brussels to Strengthen EU Ties Amid US Trade Tensions

Canadian Prime Minister Justin Trudeau is in Brussels today to strengthen EU ties amid US tariffs on steel and aluminum, prompting Canada and the EU to diversify trade relations to counter the unpredictable US trade policies.

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Sánchez Condemns Trump, Positions Spain as Progressive Model

Spanish Prime Minister Pedro Sánchez delivered a strong rebuke of Donald Trump's policies in a parliamentary address, pledging support for the EU against trade wars, advocating for a two-state solution in Israel and Palestine, and vowing to counter corporate rollbacks on diversity initiatives.

Progress

60% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump's Tariff Stance: Rooted in 1980s US-Japan Trade Tensions

Donald Trump's belief that allies are freeloaders and his advocacy for tariffs originated in the 1980s when he witnessed Japan's economic success and felt the US was getting a raw deal in trade and defense, a perspective that influenced his subsequent political career.

Progress

44% Bias Score

Reduced Inequality
es.euronews.com
🌐 85% Global Worthiness
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Scholz: EU Can Respond to Trump's Actions Within an Hour

German Chancellor Olaf Scholz asserted that the EU could counter US tariffs imposed by President Trump within an hour, while condemning Trump's suggestions to use military force to seize Greenland and the Panama Canal, and to take over Gaza; Scholz and his rival Friedrich Merz both expressed concern...

Progress

40% Bias Score

Peace, Justice, and Strong Institutions