People took to the streets of Greenland and Denmark on Saturday as part of the "Hands off Greenland" rallies that have been organised in protest of Donald Trump's insistence that the US should control the self-governing island
Showing posts with label tariffs. Show all posts
Showing posts with label tariffs. Show all posts
Saturday, January 17, 2026
Tuesday, April 22, 2025
How Xi Jinping uses the trade war with the US to strengthen his position
The world‘s two super-powers are also the globe's top two economies and are intrinsically inter-twined. Now, the pair are closer than ever to a full economic break as their trade war intensifies. This month, US president Donald Trump raised baseline tariffs on Chinese imports to 145 percent. The Chinese leader Xi Jinping has come out – all guns blazing
Sunday, April 20, 2025
Meme warfare in Trump’s battle with Beijing
A trade war that pits the world’s two largest economies against each other is now under way. Alongside the tariff battle is a heated battle of narratives and messages between the two countries.
Tuesday, April 8, 2025
US to raise tariffs on imports from China to over 100% after Trump's key deadline passes
The deadline issued by US President Donald Trump to China to remove its retaliatory tariff on US goods has passed -- without any action by China. Trump had threatened to place an additional 50 percent tariff on imports from China.
Monday, April 7, 2025
Could US tariffs cause lasting damage to the global economy?
US President Donald Trump won’t relent on tariffs despite global criticism.
There’s turmoil in markets and the financial world as shock waves from US President Donald Trump’s tariffs continue.
But despite the widespread alarm, Trump is sticking to his plans.
So what’s happening – and what does it mean for people worldwide?
Monday, March 3, 2025
Doug Ford warns Trump he would cut off energy to US "with a smile on my face." If it comes to it
Ontario Premier Doug Ford said on Monday he is prepared to follow through with previously announced retaliatory action if U.S. President Donald Trump moves ahead with his tariffs threat on Canada.
This includes removing American alcohol from Liquor Control Board of Ontario shelves and ripping up a $100-million deal with Elon Musk’s SpaceX for Starlink internet in remote areas.
During an announcement on expanding the critical mineral industry, Ford did not hold back his resolve to fight against the impending tariffs.
"If they [U.S.] want to try to annihilate Ontario, I will do everything, including cut off their energy with a smile on my face," Ford said.
Tuesday, November 26, 2024
Why Trump's tariffs on China show he might not be 'America First' after all
US President-elect Donald Trump has announced plans to impose 25% tariffs on all imports from Mexico and Canada when he returns to the White House in January.
Trump blames America's near neigbours for doing too little to prevent the flow of migrants and drugs into the US. Trump has threatened to hit Chinese goods with a 10 percent tariff on TOP of existing levies. He campaigned on the use of tariffs to boost US industries, but economists have warned that American consumers would end up paying the price.
Saturday, November 23, 2024
How Trump's Treasury pick's proposed tariffs might spur a global in protectionist policies
US President-elect Donald Trump has nominated Scott Bessent as the next treasury secretary to implement his campaign promises, including tax cuts and new import tariffs. Trump said Bessent will address the imbalances in foreign trade and focus on economic growth. Bessent is a hedge fund manager who advocates deficit reduction and a change in the US Federal Reserve's approach to conducting monetary policy. In recent times, he has called for tax reform and deregulation to encourage growth.
Friday, October 4, 2024
Could new tariffs on Chinese cars backfire? | DW News
As the European Union hikes tariffs on Chinese e-vehicles over what it sees as unfair subsidies by Beijing, former trade commissioner Cecilia Malmström says in an exclusive interview with DW that China is clearly not playing fair. But she warns that subsidies mean higher prices and also possible retaliation.
Saturday, March 14, 2020
Who stands to gain or lose from US-China trade deal?
After more than two years of escalating tarrifs and a seemingly never-ending trade war, the US and China have agreed on a first step towards a truce. If it holds, it could be a boost for U.S. President Donald Trump in an election year. But who will benefit the most from this initial phase of a broader trade agreement? China has promised to open up its markets and buy more US goods. In exchange, the US will lift some tarrifs. Yet most will stay in place - and that's where the problems start.
Labels:
America,
China,
Donald Trump,
tariffs,
trade,
trade war,
Xi Jinping
Wednesday, January 8, 2020
Donald Trump Gave A Speech
Donald Trump gave a speech congratulating himself for making himself great again. The mango menace fancies himself the great negotiator no matter the situation. Just look at all of his great "negotiations' and there outcome. In starting a trade war with China for the supposed goal of ending tariffs on various agricultural and manufactured goods has been a complete failure. Because the American agriculture sector was greatly the government was forced to provide bailout funds greater than what was used to save the American automobile industry. Of course his love affair with Kim-Jong un as led to; well a lot of photo-op's with no further advancements in ending North Korea's nuclear weapons programs. One can assume that people the world over were mighty impressed with pictures of two guys who need to go on strict diets. Donald Trump has also pulled the U.S. out the Paris Climate Agreement saying he could achieve a better deal of course he hasn't.
His biggest failure of course was America's unilateral withdrawal from the Joint Comprehensive Plan of Action which placed constraints on Iran's nuclear development programs. Donald Trump like every previous deal and treaty he's withdrawn the U.S. from hasn't led to a better agreement and when asked just what that new agreement might look like and how it might be better there's nothing but silence.
His biggest failure of course was America's unilateral withdrawal from the Joint Comprehensive Plan of Action which placed constraints on Iran's nuclear development programs. Donald Trump like every previous deal and treaty he's withdrawn the U.S. from hasn't led to a better agreement and when asked just what that new agreement might look like and how it might be better there's nothing but silence.
Friday, June 8, 2018
Trade wars, explained
Tariffs can be used as a useful tool to protect domestic industry or to serve as a punitive measure against another country. But President Trump’s bluster and threats of imposing tariffs on foreign imports to the US have raised the specter of a trade war with China, and more recently, Mexico. The “weapons” used in a trade war are the stuff we use everyday — the food we eat, the cars we drive to work and the computers we use. If a trade war can have such a pervasive impact on our daily lives, why would a country choose to engage in one? And what even is a trade war anyway
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