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Trade War

Trump’s tariff threats are hitting these car, chip, and pharma stocks Trade War

Trump’s tariff threats are hitting these car, chip, and pharma stocks

Photo: ANDREW CABALLERO-REYNOLDS (Getty Images) Image: NurPhoto (Getty Images) Photo: BING-JHEN HONG (Getty Images) The escalating chip war between the U.S. and China, compounded by a series of retaliatory tariffs, is poised to have far-reaching consequences for the global AI industry. Major AI stocks in the U.S., including Nvidia (…
bubmag
February 19, 2025
Metals Crucial to Clean Energy Are Getting Caught Up in the US–China Trade War Trade War

Metals Crucial to Clean Energy Are Getting Caught Up in the US–China Trade War

This story originally appeared on Grist and is part of the Climate Desk collaboration. In the summer of 2023, Vasileios Tsianos, the vice president of corporate development at Neo Performance Materials, started getting calls from government officials on both sides of the Atlantic. Within the world of industrial material manufacturing,…
bubmag
February 15, 2025
BIS: Trump’s Policies Pose Risks To Economies, Monetary Policy Trade War

BIS: Trump’s Policies Pose Risks To Economies, Monetary Policy

The world’s leading central bank umbrella group, the Bank for International Settlements (BIS), has delivered its first public warning about the risks posed by U.S. President Donald Trump’s trade war and deregulation plans. BIS head, Agustin Carstens, said trade developments were a prominent worry now, while fiscal policy, regulation, immigration…
bubmag
February 12, 2025
EU, Canada and Mexico condemn Trump move to hike steel and aluminium tariffs Trade War

EU, Canada and Mexico condemn Trump move to hike steel and aluminium tariffs

Published February 12, 2025 1:53am WASHINGTON/BRUSSELS — Mexico, Canada and the European Union on Tuesday condemned U.S. President Donald Trump's decision to impose tariffs on all steel and aluminium imports next month, a move that has fanned fears of a trade war. Trump signed proclamations late on Monday raising the U.S. tariff rate on…
bubmag
February 11, 2025
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks Trade War

Bank of England Cuts Rates While Warning of Inflation and Trade War Risks

Business | Bank of England Cuts Rates While Warning of Inflation and Trade War Risks https://www.nytimes.com/2025/02/06/business/bank-england-interest-rates.html Advertisement SKIP ADVERTISEMENT You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. The central bank cut rates for…
bubmag
February 6, 2025
US-China Trade Tensions Rise—What’s Next for Markets and the Yuan? Trade War

US-China Trade Tensions Rise—What’s Next for Markets and the Yuan?

15% tariffs on US coal and LNG. 10% tariffs on US crude oil, agricultural equipment, large-displacement vehicles, and pickup trucks. These tariffs will take effect on February 10. Further escalating tensions, China’s commerce ministry and its customs administration announced export controls on key minerals, including tungsten, citing national security concerns.…
bubmag
February 6, 2025