Tag

Trade War

All articles tagged with #trade war

world1 month ago•4 min saved

Trump Expands Tariff Probes Across Dozens of Partners in New Phase of Trade War

The Trump administration announced a new wave of Section 301 investigations into more than a dozen U.S. trading partners—including the EU, Mexico and China—to surface unfair practices and potentially trigger fresh tariffs, with a separate probe into goods made with forced labor to follow. The moves come as a 10% blanket tariff remains in place after a Supreme Court ruling limited country-specific duties, and officials say they aim to complete the investigations within the 150-day window tied to the current tariff, though the impact on existing deals with partners remains unclear.

via NBC News|

#forced-labor #section-301 #tariffs

politics1 month ago•16 min saved

States challenge Trump’s global tariff package in multi-state suit

More than 20 states have filed a lawsuit challenging President Trump's new global tariffs, arguing they exceed presidential authority and would harm state economies, with duties extending to goods from countries including Canada and Mexico and intensifying a trade dispute after his Supreme Court loss.

via AP News|

#politics #states #supreme-court

business1 month ago•3 min saved

Mortgage Rates Slip Under 6% as Markets Flee Trade War Fears

Mortgage rates for the 30-year fixed dipped to 5.99%—the first sub-6% reading since 2022—driven by falling Treasury yields as investors seek safety amid renewed fears of a 15% universal tariff, signaling risk-off sentiment rather than a move to lower medium-term rates.

via Business Insider|

#business #housing-market #mortgage-rates

business1 month ago•11 min saved

Markets reel as Trump imposes 15% global tariff after court ruling

Global markets shake as the White House reintroduces a 15% temporary global tariff following a Supreme Court ruling, sending US and European stock futures lower, the dollar weaker, and gold higher as traders brace for renewed trade-war uncertainty; bitcoin also slides and sentiment remains volatile amid evolving tariff dynamics and ongoing negotiations.

via The Guardian|

#business #dollar #stock-markets

world2 months ago•6 min saved

Trump threatens to derail Gordie Howe Bridge opening amid US-Canada tensions

President Donald Trump threatened to block the opening of the Gordie Howe International Bridge between Detroit and Windsor, Ontario, unless Canada addresses a long list of grievances and compensates the United States, highlighting ongoing bilateral strains as the cross-border project—funded by Canada with a Canada–Michigan operating arrangement—faces potential disruption.

via The New York Times|

#border-crossings #donald-trump #gordie-howe-international-bridge

business2 months ago•8 min saved

Tariffs and Sky-High Valuations Forewarn a Market Pullback

Despite a 14% gain in the S&P 500 over the past year, investors face risk as Trump’s tariffs loom and the CAPE ratio nears dot-com-era highs (around 39.9). History suggests such levels precede declines—about 4% next year and 20% over the following two years. Goldman Sachs says tariffs are largely paid by consumers, ISM manufacturing has contracted for 10 straight months, and jobs growth was modest last year. With potential EU retaliation and 13% of U.S. imports affected, investors should review portfolios, hold cash for dips, and remain wary even as AI optimism persists.

via The Motley Fool|

#business #cape-ratio #sp500

business2 months ago•4 min saved

Markets slide as Trump tees up tariffs over Greenland conflict

Global stocks and bonds declined as Trump revived the threat of EU and UK tariffs tied to Greenland, triggering a broad risk-off move with U.S. indices down, European markets also lower, and yields rising. Safe-haven gold and silver gained, the dollar weakened, and investors weighed potential EU retaliation and a pending Supreme Court decision on tariffs.

via NBC News|

#business #greenland #markets

business2 months ago•18 min saved

Tariffs Threaten Chips Rally as ASML and Peers Slip

Semiconductor stocks, led by ASML and peers Infineon and STMicroelectronics, fell on rising EU‑U.S. trade tensions and tariff threats, with ASML’s lithography monopoly potentially impacting U.S. chipmakers; the move underscores how policy risks are weighing on the chip sector.

via Barron's|

#asml #business #europe

business2 months ago•3 min saved

China sticks to 5% growth target amid housing slump and tariff headwinds

China says its economy grew 5% last year, meeting the official target despite a late-year slowdown to 4.5% and a four-year housing downturn; a record $1.2 trillion trade surplus and market diversification helped as analysts caution about domestic weaknesses and potential distortions in official statistics.

via The Guardian|

#business #china #economy

economics2 months ago•6 min saved

Trump’s Greenland tariffs: a minor nuisance for Europe unless tensions escalate

European firms have already absorbed and rerouted around US tariffs, and the proposed 10% levy on several European countries for Greenland troop deployments would be a nuisance rather than a major hit, provided the dispute does not widen into a broader trade war; escalation remains the key factor that could alter the impact.

via The Economist|

#economics #europe #supply-chains

europe2 months ago•4 min saved

EU readies anti-coercion gambit as Trump tariffs over Greenland loom

With Trump threatening escalating tariffs on European countries over Greenland, the EU weighs activating its never-used anti-coercion instrument and convenes an emergency ambassadors meeting to coordinate a united response.

via France 24|

#donald-trump #europe #european-union

world2 months ago•4 min saved

China vows retaliation as Trump flags 25% tariffs on Iran-trading nations

China says it will take all necessary measures to safeguard its interests after Trump proposes a 25% tariff on countries that trade with Iran, in the context of Tehran’s crackdown and broader US-Iran tensions; details on how the tariff would be applied remain unclear while global markets watch potential spillovers in a tense trade dynamic.

via The Guardian|

#china #iran #tariffs

world3 months ago•6 min saved

Vietnamese Town Faces Uncertain Future After Factory Boom

Vietnam's Bac Ninh has transformed from a traditional rice-farming region into a bustling manufacturing hub, attracting foreign investment and Chinese companies shifting out of China due to trade tensions. Despite rapid growth, challenges like rising labor costs, infrastructure limits, and competition from other Southeast Asian countries threaten its trajectory. Vietnam aims to upgrade its industry to higher-value products and diversify export markets to sustain its economic momentum.

via ABC News|

#bac-ninh #foreign-investment #manufacturing

technology3 months ago•1 min saved

FCC's Drone Ban Sparks Concerns and Discussions at CES

The FCC chair Brendan Carr is speaking at CES, where he might address the controversial DJI drone ban, a result of the US-China trade tensions and national security concerns, but the event's vague agenda leaves it uncertain whether the topic will be discussed.

via Mashable|

#brendan-carr #ces #dji-drone-ban

economy3 months ago•2 min saved

Bank of America CEO Warns of Market Risks Amid Trade De-Escalation and Fed Independence Concerns

Bank of America CEO Brian Moynihan states that the trade war is de-escalating, with tariffs settling around 15% for many countries, except for China and USMCA trade, which remain complex due to security and policy issues. The overall trade tensions are easing, providing clearer rules for businesses, though concerns about labor and immigration persist for smaller firms.

via Business Insider|

#bofa #china #economy