Tag #Us Economy

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kathimerini.gr

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Feb 2, 10:08

Trump Threatens 100% Tariffs on BRICS, Confirms 25% on Mexico and Canada

On Thursday, Donald Trump threatened 100% tariffs on the BRICS group if they challenge the US dollar and confirmed 25% tariffs on Mexican and Canadian goods beginning February 1st, citing drug and immigration issues as justification.

Trump Threatens 100% Tariffs on BRICS, Confirms 25% on Mexico and Canada

On Thursday, Donald Trump threatened 100% tariffs on the BRICS group if they challenge the US dollar and confirmed 25% tariffs on Mexican and Canadian goods beginning February 1st, citing drug and immigration issues as justification.

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What immediate economic consequences might result from Trump's announced tariffs on the BRICS group and on Mexico and Canada?

Donald Trump reiterated his threat to impose "100%" tariffs on the BRICS group, following his announcement of 25% tariffs on Mexican and Canadian imports starting this Saturday. He stated this on Thursday, November 30th, on Truth Social, demanding a commitment from BRICS nations not to create a new currency or support any alternative to the US dollar, or face the tariffs.

taz.de

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Feb 2, 19:07

Trump's Tariffs: Projected Price Hikes and Economic Fallout

Donald Trump's new tariffs on imports from Mexico, Canada, and China are projected to increase US gas prices by up to 20 cents per liter, potentially impacting his popularity and contradicting his campaign promise to lower inflation.

Trump's Tariffs: Projected Price Hikes and Economic Fallout

Donald Trump's new tariffs on imports from Mexico, Canada, and China are projected to increase US gas prices by up to 20 cents per liter, potentially impacting his popularity and contradicting his campaign promise to lower inflation.

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How do Trump's tariffs affect his previous campaign promises?

These tariffs contradict Trump's campaign promise to lower inflation, a key factor in his election win. The rising prices, especially at the gas pump, could alienate voters and hurt his popularity.

edition.cnn.com

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Feb 1, 01:07

Trump Imposes Sweeping Tariffs on Mexico, Canada, and China

President Trump will impose new tariffs of 25% on Mexican and Canadian imports and 10% on Chinese goods, starting February 1st, to combat illegal fentanyl and immigration, despite potential economic repercussions and international backlash.

Trump Imposes Sweeping Tariffs on Mexico, Canada, and China

President Trump will impose new tariffs of 25% on Mexican and Canadian imports and 10% on Chinese goods, starting February 1st, to combat illegal fentanyl and immigration, despite potential economic repercussions and international backlash.

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What are the potential long-term economic and geopolitical ramifications of such wide-ranging tariffs?

The economic consequences remain uncertain. While some argue that short-term disruptions are acceptable for national security, economists largely predict significant inflation, potentially costing US households over $2,600 yearly. The wide scope of these tariffs, far exceeding those of Trump's first term, significantly increases the risk of negative economic fallout.

smh.com.au

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Feb 1, 04:07

Trump Imposes Sweeping Tariffs on Imports

President Trump announced new tariffs of 25% on Mexican and Canadian goods, 10% on Chinese imports, and potential future tariffs on European goods, steel, aluminum, copper, drugs, and semiconductors, starting February 1st, to pressure those countries to control the flow of migrants and fentanyl into...

Trump Imposes Sweeping Tariffs on Imports

President Trump announced new tariffs of 25% on Mexican and Canadian goods, 10% on Chinese imports, and potential future tariffs on European goods, steel, aluminum, copper, drugs, and semiconductors, starting February 1st, to pressure those countries to control the flow of migrants and fentanyl into...

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What are the immediate economic consequences of President Trump's newly imposed tariffs on goods from Mexico, Canada, and China?

President Trump confirmed the imposition of new tariffs: 25% on goods from Mexico and Canada, and 10% on Chinese imports, starting February 1st. Oil from Canada will face a reduced 10% tariff. Further tariffs on steel, aluminum, copper, drugs, semiconductors, and potentially European goods are under consideration.

cbsnews.com

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Feb 1, 04:07

Trump Tariffs to Hike Prices for U.S. Consumers

President Trump will impose tariffs of 25% on imports from Mexico and Canada and 10% on imports from China starting February 1st, leading to higher prices for U.S. consumers on goods such as avocados, cars, and lumber; the U.S. economy is expected to experience a 0.3% decline in real GDP while Canad...

Trump Tariffs to Hike Prices for U.S. Consumers

President Trump will impose tariffs of 25% on imports from Mexico and Canada and 10% on imports from China starting February 1st, leading to higher prices for U.S. consumers on goods such as avocados, cars, and lumber; the U.S. economy is expected to experience a 0.3% decline in real GDP while Canad...

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How will the new tariffs impact the U.S. economy compared to the economies of Canada and Mexico?

The tariffs, while presented as paid by foreign countries, are paid by U.S. businesses to the federal government. This will lead to price increases for consumers on goods like avocados, beef, lumber, and cars. The impact on the U.S. economy is estimated at a 0.3% decline in real GDP, while Canada and Mexico could experience larger declines (3.6% and 2%, respectively).

cnbc.com

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Feb 1, 04:07

Cramer Urges Caution Amidst Packed Earnings Week

CNBC's Jim Cramer advises investors to avoid significant market activity next week due to an abundance of critical earnings reports (Amazon, Alphabet, Eli Lilly, Palantir), the monthly employment report, and tariff news; he suggests waiting to analyze the data.

Cramer Urges Caution Amidst Packed Earnings Week

CNBC's Jim Cramer advises investors to avoid significant market activity next week due to an abundance of critical earnings reports (Amazon, Alphabet, Eli Lilly, Palantir), the monthly employment report, and tariff news; he suggests waiting to analyze the data.

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How might the performance of specific companies, like Palantir and Spotify, influence overall market trends next week?

The upcoming earnings season, coupled with the employment report and tariff news, creates market uncertainty. Cramer's advice to "sit on your hands" reflects the difficulty in accurately assessing the combined impact of so much data, highlighting the challenges of informed decision-making in such a dynamic environment.

nbcnews.com

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Feb 2, 16:10

Trump's Oil Tariffs to Hike Gas Prices for U.S. Consumers

President Trump's new tariffs on Canadian and Mexican oil imports, ranging from 10% to 25%, will increase gasoline prices for U.S. consumers, disrupting established energy trade and potentially impacting the East Coast's fuel supply, despite efforts to ease the impact on Canadian oil.

Trump's Oil Tariffs to Hike Gas Prices for U.S. Consumers

President Trump's new tariffs on Canadian and Mexican oil imports, ranging from 10% to 25%, will increase gasoline prices for U.S. consumers, disrupting established energy trade and potentially impacting the East Coast's fuel supply, despite efforts to ease the impact on Canadian oil.

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How will the tariffs impact the symbiotic oil trade relationship between the U.S., Canada, and Mexico?

The tariffs, intended to pressure Canada and Mexico on immigration and drug smuggling, will disrupt the established oil trade between the U.S. and its neighbors. Many U.S. refineries are specifically designed to process the type of oil imported from Canada and Mexico, making it difficult to find alternative sources quickly. This disruption will impact various sectors, from fuel retailers to consumers.

cnn.com

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Feb 1, 01:07

Trump Imposes Sweeping Tariffs on Canada, Mexico, and China

President Donald Trump will impose new tariffs of 25% on goods from Canada and Mexico and 10% on goods from China starting February 1st, aiming to curb illegal fentanyl imports and renegotiate trade deals, despite potential significant economic consequences for American consumers.

Trump Imposes Sweeping Tariffs on Canada, Mexico, and China

President Donald Trump will impose new tariffs of 25% on goods from Canada and Mexico and 10% on goods from China starting February 1st, aiming to curb illegal fentanyl imports and renegotiate trade deals, despite potential significant economic consequences for American consumers.

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What are the immediate economic consequences of President Trump's new tariffs on Canada, Mexico, and China?

President Donald Trump will impose new tariffs on Canada, Mexico, and China starting February 1st, impacting various sectors including pharmaceuticals, oil, and gas. These tariffs, a 25% duty on Mexico and Canada and 10% on China, aim to curb illegal fentanyl imports and renegotiate trade deals.

dw.com

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Feb 1, 01:07

Trump Imposes Tariffs on EU, Canada, and Mexico

On January 31, 2025, US President Donald Trump announced 25% tariffs on Mexico and Canada and 10% on China, effective February 1st, and additional tariffs on the European Union and Canadian and Mexican oil and gas starting February 18th, citing unfair trade practices by the EU and significant trade ...

Trump Imposes Tariffs on EU, Canada, and Mexico

On January 31, 2025, US President Donald Trump announced 25% tariffs on Mexico and Canada and 10% on China, effective February 1st, and additional tariffs on the European Union and Canadian and Mexican oil and gas starting February 18th, citing unfair trade practices by the EU and significant trade ...

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How do the trade imbalances between the US and the EU, specifically Germany, contribute to Trump's decision to impose tariffs?

President Trump's decision to impose tariffs on the EU follows his earlier threats and reflects a broader trade strategy focused on reducing trade deficits. The EU's substantial trade surplus with the US, particularly Germany's, makes it a key target. The move could escalate into a trade war, potentially impacting global markets and consumer prices.

zeit.de

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Feb 1, 04:07

Trump Threatens New Tariffs on EU Goods

US President Donald Trump announced potential tariffs on European Union goods due to a large trade deficit and what he considers unfair treatment, threatening further action against various products, including possible tariffs on computer chips, oil and gas, steel, medicine, and copper, beginning Fe...

Trump Threatens New Tariffs on EU Goods

US President Donald Trump announced potential tariffs on European Union goods due to a large trade deficit and what he considers unfair treatment, threatening further action against various products, including possible tariffs on computer chips, oil and gas, steel, medicine, and copper, beginning Fe...

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What immediate economic consequences will result from Trump's threatened tariffs on EU goods?

US President Donald Trump has threatened to impose tariffs on European Union products. He stated that the EU is treating the US poorly, resulting in a significant trade deficit. Trump plans to take considerable action against the EU, although specifics remain undisclosed.

cnbc.com

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Feb 1, 16:07

Trump Tariffs to Negatively Impact U.S. GDP and Increase Inflation

President Trump's proposed tariffs on Mexico, Canada, and China are expected to negatively impact U.S. GDP by 0.4% and increase core prices by 0.7%, according to Goldman Sachs (excluding China). Industries like auto manufacturing, fashion retail, and alcoholic beverage production face significant ch...

Trump Tariffs to Negatively Impact U.S. GDP and Increase Inflation

President Trump's proposed tariffs on Mexico, Canada, and China are expected to negatively impact U.S. GDP by 0.4% and increase core prices by 0.7%, according to Goldman Sachs (excluding China). Industries like auto manufacturing, fashion retail, and alcoholic beverage production face significant ch...

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How will the tariffs affect specific U.S. industries, and what are the underlying causes of these impacts?

The tariffs' impact extends beyond direct importers. Higher inflation, a consequence of the tariffs, threatens U.S. consumer spending, particularly among low-income groups. This is exemplified by Constellation Brands, which derives 89% of its profits from Mexican beer imports and faces margin compression due to increased costs and reduced consumer demand.

dailymail.co.uk

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Jan 31, 22:08

Trump Imposes Tariffs on China, Mexico, and Canada

President Trump imposed 25% tariffs on Mexican and Canadian goods and 10% on Chinese imports, effective Saturday, aiming to boost domestic manufacturing and address trade deficits and drug trafficking; Canada and Mexico vowed immediate retaliation.

Trump Imposes Tariffs on China, Mexico, and Canada

President Trump imposed 25% tariffs on Mexican and Canadian goods and 10% on Chinese imports, effective Saturday, aiming to boost domestic manufacturing and address trade deficits and drug trafficking; Canada and Mexico vowed immediate retaliation.

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What are the immediate economic and political consequences of President Trump's newly imposed tariffs on goods from China, Mexico, and Canada?

President Trump announced 25% tariffs on Mexican and Canadian goods and 10% on Chinese imports, effective Saturday. This action aims to boost domestic manufacturing and increase federal revenue, according to White House Press Secretary Karoline Leavitt. The tariffs, however, threaten to increase prices on various goods and could face immediate retaliation from Canada and Mexico.

Showing 721 to 732 of 1,112 results