China, Trump and breaching trade agreement
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Trumps tariff saga has shaken markets across the globe. From Canada to China to India - he spared no one. In retaliation, the largest economy of the world was hit by several tariffs.
Simply put, the EU has no good option if it wants to react to Trump’s tariff threats. In turn, shrugging them off could be the best move. As an added benefit, such a decision from the bloc could inspire other economies to do the same. With three-and-a-half more years of Trump 2.0 to go, setting such a precedent may not be an entirely bad idea.
Volley after volley of new tariffs from US President Donald Trump have plunged the country into trade wars abroad, creating uncertainty for businesses and households. Trump is no stranger to tariffs.
Friday’s announcement was a decisive slap down of European media and policymakers’ belief that EU-US trade talks were progressing.
The answer may determine what to expect of US trade negotiations with others after its deal with the UK and tariff truce with China. Both need to be read carefully for clues of what the US president hopes to achieve.
U.S. Federal Reserve staffers have scrambled since January to decipher what Trump administration trade policies will mean for the economy, with published tallies of potential income losses, inflation estimates running as much as 2 percentage points higher,
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A federal appeals court on Thursday allowed President Donald Trump to continue collecting tariffs under an emergency powers law, for now, as his administration appeals an order striking down the bulk of his signature set of economic policies.
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Cryptopolitan on MSNTrump’s bet on 50% EU tariffs could backfireOn Friday afternoon in the Oval Office, Trump insisted he was in no rush to strike a bargain before the deadline. “That’s the way it is,” he declared,
Once an auto underdog, the country’s current dominance of the global electric-vehicle market says a lot about why it brims with confidence in other fields.
Indonesia must reassess its nontariff measures to address US concerns while ensuring fair trade practices and maintaining economic stability.