Tag #Us Trade War

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theglobeandmail.com

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May 16, 16:10

US Trade War Spurs Surge in Canadian Domestic Tourism

Due to the U.S. trade war and President Trump's statements, some Canadians are choosing to vacation in Canadian national parks this summer, resulting in increased bookings and impacting summer camp enrollment due to economic uncertainty; however, others remain indifferent.

US Trade War Spurs Surge in Canadian Domestic Tourism

Due to the U.S. trade war and President Trump's statements, some Canadians are choosing to vacation in Canadian national parks this summer, resulting in increased bookings and impacting summer camp enrollment due to economic uncertainty; however, others remain indifferent.

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Sustainable Cities and Communities

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What is the immediate impact of the U.S.-Canada trade war on Canadian tourism and summer camps?

The U.S.-Canada trade war and President Trump's rhetoric have led some Canadians to choose domestic travel, evidenced by increased bookings in Canadian national parks and a reported shift in camping preferences. This is impacting summer camp enrollment due to economic uncertainty caused by the tariffs, creating budget challenges for some camps.

dailymail.co.uk

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May 7, 13:17

Trump's Film Tariff Faces Legal Challenge

President Trump announced a 100% tariff on foreign films, potentially harming the UK film industry recovering from Covid-19; however, legal experts cite the Berman amendments within the IEEPA as a potential legal roadblock.

Trump's Film Tariff Faces Legal Challenge

President Trump announced a 100% tariff on foreign films, potentially harming the UK film industry recovering from Covid-19; however, legal experts cite the Berman amendments within the IEEPA as a potential legal roadblock.

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Decent Work and Economic Growth

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How does Trump's proposed film tariff relate to his broader trade war strategy with the UK, and what other sectors are similarly affected?

Trump's tariff announcement is part of an ongoing trade war, impacting various sectors including automobiles and pharmaceuticals. The UK is actively negotiating a trade deal with the US to mitigate these impacts, facing potential damage to its film industry if the tariff is enacted. Legal precedent suggests the tariff may be legally challenged and potentially blocked.

abcnews.go.com

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Apr 24, 10:14

Kenya Strengthens Ties with China Amid US Trade Tensions

Kenyan President William Ruto's recent visit to China resulted in new economic and security agreements, reflecting Kenya's shift towards closer ties with China amid US-China trade tensions and the Belt and Road Initiative.

Kenya Strengthens Ties with China Amid US Trade Tensions

Kenyan President William Ruto's recent visit to China resulted in new economic and security agreements, reflecting Kenya's shift towards closer ties with China amid US-China trade tensions and the Belt and Road Initiative.

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No Poverty

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How do the US trade policies and the Belt and Road Initiative influence Kenya's foreign policy decisions?

Ruto's shift towards China follows the US's withdrawal from engagement with Africa and imposition of tariffs, impacting Kenya's exports. This realignment reflects a broader trend of African nations seeking alternative partnerships as global trade dynamics change. China's Belt and Road Initiative plays a key role, with billions of dollars invested in Kenyan infrastructure.

german.china.org.cn

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Apr 17, 16:15

China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025

During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.

China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025

During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.

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Decent Work and Economic Growth

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How effectively did China's economic diversification and innovation offset the negative impacts of increased US tariffs in the first quarter of 2025?

In the first quarter of 2025, China's high-tech manufacturing sector saw a 9.7% increase in value added, exceeding the national average for large industrial firms by 3.2 percentage points. Domestic demand contributed over 80% to economic growth over the past five years, showcasing a shift away from export reliance.", A2="China's diversified economy, driven by domestic demand and innovation, mitigated the impact of increased US tariffs. High-tech investment growth signals a long-term strategy for sustained economic development, demonstrating resilience against external pressures.", A3="While short-term pressure from US tariffs is acknowledged, China's robust domestic market and focus on innovation position it for continued growth. The country's comprehensive industrial system and macroeconomic policies provide a strong foundation for achieving its developmental goals despite global uncertainties.", Q1="How effectively did China's economic diversification and innovation offset the negative impacts of increased US tariffs in the first quarter of 2025?", Q2="What specific role did domestic demand and high-tech investment play in China's economic performance during this period of heightened global trade tensions?", Q3="Considering the escalating global trade protectionism, what are the long-term implications of China's current economic strategy and its capacity to withstand future external shocks?", ShortDescription="During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.", ShortTitle="China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025"))

spanish.china.org.cn

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Apr 14, 13:16

China Promotes Domestic Sales of Export Goods to Counter US Tariffs

In response to US tariff threats, China is actively promoting domestic sales of export goods, with major companies like JD.com investing 200 billion yuan (27.34 billion USD) to support this transition, aiming to build a more resilient supply chain.

China Promotes Domestic Sales of Export Goods to Counter US Tariffs

In response to US tariff threats, China is actively promoting domestic sales of export goods, with major companies like JD.com investing 200 billion yuan (27.34 billion USD) to support this transition, aiming to build a more resilient supply chain.

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Decent Work and Economic Growth

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How does China's initiative to shift export goods to the domestic market contribute to its broader economic strategy of building a more resilient supply chain?

This strategic shift reflects China's broader goal of building a more resilient and self-reliant supply chain system. By encouraging the domestic sale of export goods, China aims to mitigate risks associated with external economic uncertainties and leverage the efficiency and advanced technologies of its export-oriented businesses for domestic growth. This reallocation of resources aims to boost consumption and income.

theglobeandmail.com

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Apr 10, 01:18

Trump's Economically Destructive Tariff-Tax Cut Plan

President Trump's economic agenda, marked by substantial tariffs on numerous trading partners and a proposed US$5.7 trillion corporate tax cut, is projected to cause widespread economic harm without benefiting any specific group, according to non-partisan budget analysts. Stock markets have already ...

Trump's Economically Destructive Tariff-Tax Cut Plan

President Trump's economic agenda, marked by substantial tariffs on numerous trading partners and a proposed US$5.7 trillion corporate tax cut, is projected to cause widespread economic harm without benefiting any specific group, according to non-partisan budget analysts. Stock markets have already ...

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Reduced Inequality

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How do the projected effects of President Trump's economic policies compare to alternative fiscal approaches (e.g., austerity measures, fiscal expansion)?

The combination of tariffs and tax cuts is economically counterproductive. While tax cuts might stimulate growth, the considerable losses from tariffs are expected to outweigh the tax cut benefits, as evidenced by falling stock markets. This policy negatively affects both workers (through higher prices and debt) and businesses (through lost revenue from tariffs).

abcnews.go.com

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May 13, 13:16

China Bolsters Latin American Ties Amidst US Trade War Truce

China is strengthening alliances with Latin American nations, offering a $9.2 billion credit line and increased trade, as a counter to the Trump administration's trade war; a 90-day truce in US-China tariffs has been agreed upon, but China opposes trade wars.

China Bolsters Latin American Ties Amidst US Trade War Truce

China is strengthening alliances with Latin American nations, offering a $9.2 billion credit line and increased trade, as a counter to the Trump administration's trade war; a 90-day truce in US-China tariffs has been agreed upon, but China opposes trade wars.

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Decent Work and Economic Growth

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What are the immediate consequences of China's efforts to strengthen its global alliances in response to the Trump administration's trade policies?

China is strengthening its global alliances, particularly with Latin America, as a counterweight to the Trump administration's trade policies. A 90-day truce in US-China tariff negotiations has been agreed upon, yet China continues to express disapproval of trade wars, emphasizing that such conflicts have no winners.

europe.chinadaily.com.cn

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Apr 25, 04:12

RCEP Rises as US Challenges Global Trade Order

The US's protectionist trade policies are fueling the rise of the Regional Comprehensive Economic Partnership (RCEP), a mega-trade deal projected to significantly boost the economies of its 15 Asia-Pacific member nations, including a 4.47 percentage point GDP increase in ASEAN by 2035, contrasting s...

RCEP Rises as US Challenges Global Trade Order

The US's protectionist trade policies are fueling the rise of the Regional Comprehensive Economic Partnership (RCEP), a mega-trade deal projected to significantly boost the economies of its 15 Asia-Pacific member nations, including a 4.47 percentage point GDP increase in ASEAN by 2035, contrasting s...

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Decent Work and Economic Growth

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How does the growth of the RCEP compare to global economic growth, and what factors contribute to its success?

RCEP's success is directly linked to the US's protectionist trade policies, which have created an opening for a more inclusive trade bloc. The agreement's vast size—accounting for one-third of global economic output, trade, population, and foreign investment— positions it as a significant counterweight to US isolationism. This is particularly evident in ASEAN's increasing trade reliance on RCEP partners, with exports to China surpassing those to the US in 2023.

npr.org

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Apr 17, 22:11

China's Rare Earth Curbs Expose US Defense Vulnerabilities

China's restricted exports of heavy rare earth minerals, vital for US defense technology like fighter jets (F-35 uses 900 lbs), leverage trade negotiations due to China's near-total control of processing, creating US vulnerabilities.

China's Rare Earth Curbs Expose US Defense Vulnerabilities

China's restricted exports of heavy rare earth minerals, vital for US defense technology like fighter jets (F-35 uses 900 lbs), leverage trade negotiations due to China's near-total control of processing, creating US vulnerabilities.

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Industry, Innovation, and Infrastructure

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What is the immediate impact of China's rare earth mineral export restrictions on US national security?

China's curb on rare earth mineral exports, impacting heavy rare earths crucial for US defense technology, creates significant vulnerabilities. The US military uses these minerals extensively; for example, an F-35 fighter jet requires 900 pounds. This action by China gives them leverage in trade negotiations.

dw.com

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Apr 14, 22:09

EU Delays Retaliatory Tariffs on US Goods Until July 14

The European Union postponed €21 billion in retaliatory tariffs on US goods until July 14th to allow for negotiations, following President Trump's tariffs on EU steel and aluminum and a subsequent 90-day pause on many tariffs, creating an opportunity for a trade agreement to avoid further economic h...

EU Delays Retaliatory Tariffs on US Goods Until July 14

The European Union postponed €21 billion in retaliatory tariffs on US goods until July 14th to allow for negotiations, following President Trump's tariffs on EU steel and aluminum and a subsequent 90-day pause on many tariffs, creating an opportunity for a trade agreement to avoid further economic h...

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Decent Work and Economic Growth

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How did President Trump's tariff actions and subsequent pause influence the EU's response?

The EU's postponement of tariffs is a direct response to President Trump's 90-day pause on tariffs for many countries, including the EU, announced April 9. This creates a temporary de-escalation of the trade war, allowing for diplomatic efforts to find a mutually agreeable solution. The situation highlights the significant economic interdependence between the US and EU, with both sides facing potential harm from prolonged conflict.

usa.chinadaily.com.cn

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Apr 11, 04:11

China's Economic Resilience Amidst Global Uncertainty

Since 2012, China has implemented comprehensive reforms to maintain economic stability and counter external risks, including the US trade war. These reforms include diversifying exports, promoting technological innovation, and fostering domestic demand, all while maintaining sustained economic growt...

China's Economic Resilience Amidst Global Uncertainty

Since 2012, China has implemented comprehensive reforms to maintain economic stability and counter external risks, including the US trade war. These reforms include diversifying exports, promoting technological innovation, and fostering domestic demand, all while maintaining sustained economic growt...

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Decent Work and Economic Growth

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What are the key factors contributing to China's economic resilience in the face of global uncertainty and trade tensions with the US?

China's proactive macroeconomic policies and systematic reforms since 2012 have fostered economic stability despite external pressures, including the US trade war. The country's economic resilience is evident in its sustained growth, even amidst global uncertainties. This resilience stems from a diversified export structure and reduced reliance on exports to the US, which fell from 19.23 percent of total exports in 2018 to approximately 12 percent in 2024.

elpais.com

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Apr 9, 22:13

Spanish Government's Response to US Tariffs Divides Parliament

Following the announcement of US tariffs, the Spanish government presented economic measures, leading to a parliamentary debate where most parties expressed willingness to cooperate but the PP raised concerns over alleged concessions to Catalan independentists, while Vox blamed Prime Minister Pedro ...

Spanish Government's Response to US Tariffs Divides Parliament

Following the announcement of US tariffs, the Spanish government presented economic measures, leading to a parliamentary debate where most parties expressed willingness to cooperate but the PP raised concerns over alleged concessions to Catalan independentists, while Vox blamed Prime Minister Pedro ...

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Decent Work and Economic Growth

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How do regional political dynamics within Spain influence the national response to the US trade conflict?

The Spanish government's response to US tariffs reveals a complex political landscape. The PP's skepticism, fueled by suspected preferential treatment for Catalan companies in aid distribution (25% of compensations), highlights existing regional tensions. This situation underscores the challenges in forging a united national response to external economic pressures.

Showing 13 to 24 of 42 results