Tramp's tariffs Flashcards
To publicly declare or make known a piece of information, decision, or plan.
sb has announced sth
To officially introduce and enforce a tax or duty of a specific percentage (%) on imported or exported goods.
impose ..% tariff on ..
The production of goods within a country’s own borders, rather than importing them from other countries.
domestic manufacturing
The decision or action has caused shock, anxiety, or concern among a group of people, an industry, or a market.
the move has rattled ..
Depends significantly on something or someone for support, success, or functionality.
relies heavly on ..
Germany is the country where BMW, the well-known automobile manufacturer, is based or originates from.
Germany home to BMW
Will suffer the most significant negative impact due to a particular event, change, or situation.
will be hardest hit with ..
It is expected that the total value of goods sold to other countries will decrease by a specific percentage (%) in the future.
export projected to decline by ..%
A certain percentage (%) change in one factor causes or results in another percentage (%) change in a related factor.
..% leading to ..%
A decrease of a certain percentage (%) in the total contribution of a sector to the economy, measured as Gross Value Added (GVA)—the value of goods and services produced in that sector after subtracting input costs.
..% drop in sectors gross value added
Preparing for expected disturbances, difficulties, or interruptions in normal operations.
are bracing for disruptions
Experts express their opinion or reasoning about a particular issue, often in a debate or discussion.
Experts arguing …
Data that has been chosen or presented in a way that supports a specific argument or viewpoint, potentially omitting other relevant information.
selective data
To officially impose a tax or duty of a specific percentage (%) on imported or exported goods.
levies a ..% tariff on
Modified or calculated to account for specific factors such as inflation, seasonal variations, or other economic influences.
adjusted for
Indicates a specific percentage (%) value of something in comparison to another percentage (%) from a different time period, category, or group.
stand at ..% compared to .. %
Weakening or challenging the argument that trade practices are unjust or disadvantageous.
undermining claim of unfair traid
To cause interruptions or disturbances in the worldwide network of production, distribution, and delivery of goods and services.
disrupt global supply chains
To negatively impact American workers, often by causing job losses, lower wages, or reduced employment opportunities.
hurt American workers
To own or manage large manufacturing or production facilities in the United States.
operate major U.S. plants
Refers to the biggest location, market, or operation of a brand on a global scale.
the brand’s largest worldwide
To reduce spending on business operations and eliminate jobs, often due to financial difficulties or strategic restructuring.
cut investment and jobs
fuel-efficient cars
Vehicles designed to use less fuel per mile or kilometer traveled, often to reduce costs and environmental impact.
don’t align with EU regulations
Do not comply with or meet the standards and requirements set by the European Union (EU) for a specific industry or product.
Restricting or reducing the ability to grow, expand, or improve something.
limiting the potential to increase
To negatively impact the economic conditions of two countries, regions, or entities.
harm both economies
Not successfully addressing the unequal flow of goods, services, or capital between trading partners, often resulting in persistent trade deficits or surpluses.
failing to fix traide imbalances
Increasing conflict, disagreement, or hostility between parties, often in political, economic, or diplomatic contexts.
escalating tensions
Increasing or improving the production of goods, often through investment, innovation, or policy support.
boosting manufacturing
To trigger a harmful dispute or confrontation between countries, businesses, or industries that negatively impacts economic stability and growth.
spark damaging economic conflict
