Tag #Trump Tariffs

Showing 1 to 12 of 687 results

europe.chinadaily.com.cn
🌐 90% Global Worthiness
News related image

UK and EU Concessions Weaken Global Trading System

The UK and EU's concessions to President Trump's "reciprocal tariffs" weaken the WTO, prioritizing short-term economic gains over the long-term stability of the global trading system; this action risks long-term economic harm and damages their reputations as free trade champions.

Progress

56% Bias Score

Partnerships for the Goals
dailymail.co.uk
🌐 85% Global Worthiness
News related image

P&G to Cut 7,000 Jobs Amid Economic Slowdown

Procter & Gamble announced it will cut 7,000 jobs (15 percent of its workforce) over two years due to decreased consumer spending amid economic uncertainty, including Trump's tariffs and geopolitical tensions; this follows a 2 percent drop in net sales in Q1 and is part of a broader restructuring to...

Progress

36% Bias Score

Decent Work and Economic Growth
npr.org
🌐 85% Global Worthiness
News related image

Trump Tariffs Projected to Reduce Federal Deficit by $2.8 Trillion, but Uncertainties Remain

The Congressional Budget Office forecasts that President Trump's tariffs could reduce the U.S. federal deficit by \$2.8 trillion by 2035 if they remain in place, offsetting a projected \$2.4 trillion increase from a House-passed budget bill; however, significant uncertainties remain due to the tarif...

Progress

36% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
News related image

Trump's Tariffs: Muted Impact, but Growing Economic Risks

Despite President Trump's tariffs, the US economy shows resilience, but US factory activity has contracted for three months due to tariffs and supply chain issues; however, the White House secured no substantive trade deals after a self-imposed 90-day deadline.

Progress

44% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 85% Global Worthiness
News related image

Bessent Rebuts Brennan's Claims of Tariff-Driven Inflation

Treasury Secretary Scott Bessent debated CBS' Margaret Brennan on Sunday regarding the impact of Trump administration tariffs on consumer prices, with Bessent citing the recent drop in inflation to counter Brennan's concerns about price increases and highlighting the legal challenges to the tariffs.

Progress

48% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
News related image

Trump Administration Appeals Court Ruling on Tariffs

The Trump administration appealed a court decision that blocked its use of emergency powers to impose tariffs, arguing that these tariffs are necessary for effective trade negotiations; the case is expected to reach the Supreme Court.

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
News related image

U.S. Imports Plunge 19.42% in April

U.S. imports plunged 19.42% in April, reversing March's surge, leading to an $87.49 billion trade deficit; year-to-date trade hit a record $1.94 trillion despite this.

Progress

44% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
News related image

Trump Tariffs: \$2.8 Trillion Deficit Cut, but Economic Contraction Predicted

The Congressional Budget Office projects President Trump's tariff plan will cut the deficit by \$2.8 trillion over 10 years but also shrink the U.S. economy, increase inflation by 0.4 percent annually in 2025-26, and reduce household purchasing power, based on the assumption that the tariffs will re...

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Trump's Trade Wars Slow Global Economic Growth to Pandemic-Era Levels

The OECD forecasts 2.9 percent global economic growth for 2024 and 2025, the slowest since the 2020 pandemic, mainly due to Donald Trump's trade wars negatively impacting global trade and investment; China's manufacturing contracted last month, and the US growth forecast dropped to 1.6 percent.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Trump Tariffs: CBO Projects \$2.8 Trillion Deficit Reduction, But at Economic Cost

The Congressional Budget Office (CBO) projects President Trump's tariff plan to reduce the U.S. deficit by \$2.8 trillion over 10 years, but also decrease GDP, raise inflation by 0.4 percent annually by 2025-2026, and lower household purchasing power, despite recent court challenges.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
News related image

OECD Predicts Sharp Slowdown in U.S. Economic Growth Due to Tariffs

The OECD forecasts a significant decline in U.S. GDP growth to 1.6% in 2025 and 1.5% in 2026, primarily due to the Trump administration's tariffs increasing the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices and decreased consumer and business confidence.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Trump's Tariffs: Economic Uncertainty and Rising Consumer Costs

President Trump's global tariffs, despite legal challenges, will likely persist, increasing consumer costs for goods like coffee and spices by hundreds of millions of dollars annually and potentially jeopardizing high-paying U.S. jobs.

Progress

64% Bias Score

Reduced Inequality

Showing 1 to 12 of 687 results