Global trade

Treasury Secretary Steve Mnuchin testifies about the budget during a Financial Services and General Government subcommittee hearing, Wednesday May 15, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
May 15, 2019 - 1:49 pm
NEW YORK (AP) — Treasury Secretary Steven Mnuchin says the U.S. is making progress in talks with Canada and Mexico over steel tariffs, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries. Appearing before a Senate Appropriations subcommittee...
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In this Feb. 24, 2017, photo, a factory worker assembles the case of an air conditioner on an assembly line at a Haier factory in Jiaozhou near Qingdao in eastern China's Shandong Province. U.S. President Donald Trump's latest tariff hike on Chinese goods took effect Friday, May 10, 2019, and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade tensions. (AP Photo/Mark Schiefelbein)
May 11, 2019 - 2:06 am
WASHINGTON (AP) — The U.S. and China have gone through rough patches before. The American public recoiled — and the U.S. government imposed sanctions — after the People's Liberation Army slaughtered hundreds of civilians in the streets of Beijing in June 1989, crushing the Tiananmen Square protests...
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Media gather outside the office of the U.S. Trade Representative near the White House in Washington, Thursday, May 9, 2019, where trade talks with China are set to resume. U.S. and Chinese negotiators are poised to resume talks just hours before the United States is set to raise tariffs on Chinese imports in a dramatic escalation of tensions between the world's two biggest economies. (AP Photo/Susan Walsh)
May 09, 2019 - 9:13 pm
WASHINGTON (AP) — In trying to hammer out a trade agreement with China, the Trump administration may be drawing inspiration from classic rock, specifically The Who's anthem "Won't Get Fooled Again." Fed up with China for breaking past promises, the administration is insisting on provisions designed...
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U.S. Treasury Secretary Steven Mnuchin gestures as he speaks to the media upon his arrival at a hotel in Beijing, Tuesday, April 30, 2019. Mnuchin arrived in China's capital to hold a new high-level trade talks with China on May 1. (AP Photo/Andy Wong)
April 30, 2019 - 5:49 am
BEIJING (AP) — U.S. Treasury Secretary Steven Mnuchin said Tuesday he hopes for "substantial progress" in talks with Chinese officials aimed at ending a tariff war over Beijing's technology ambitions. Mnuchin and Trade Representative Robert Lighthizer were to have a working dinner and then meet...
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Yoon Chang-yul, second from right, a senior official at the Prime Minister's Office, announces the government's stance on the World Trade Organization's ruling in favor of South Korea 's import ban on Japanese seafood at the government complex in Sejong, South Korea, Friday, April 12, 2019. South Korea on Friday welcomed the decision and said it will continue to block all fishery products from Fukushima and seven neighboring prefectures to ensure "only foods that are confirmed as safe are put on the table. (Jin Sung-chul/Yonhap via AP)
April 12, 2019 - 3:27 am
SEOUL, South Korea (AP) — The World Trade Organization has upheld South Korea's import ban on Japanese seafood from areas affected by the 2011 nuclear disaster in Fukushima, overturning a ruling by a lower panel last year that said Seoul was unfairly discriminating against Japanese products. The...
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FILE - In this Monday, Oct. 15, 2018 file photo, a container ship is loaded at the harbor in Hamburg, Germany. The United States is considering putting tariffs on $11 billion in EU goods per year to offset what it says are unfair European subsidies for planemaker Airbus. While the size of the potential tariffs is relatively small compared with the hundreds of billions of goods the U.S. and China are taxing in their trade war, it suggests a breakdown in talks with the EU over trade. (AP Photo/Martin Meissner, file)
April 09, 2019 - 1:16 pm
LONDON (AP) — The United States wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — in what some experts say marks another attempt by the Trump administration to use tariffs to reshape global trade in its favor. The World Trade Organization ruled last year that the...
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China's Premier Li Keqiang, left, shakes hands with European Council President Donald Tusk during an EU-China summit at the European Council headquarters in Brussels, Tuesday, April 9, 2019. (AP Photo/Francisco Seco)
April 09, 2019 - 11:37 am
BRUSSELS (AP) — China and the European Union agreed Tuesday to strengthen their trade relationship, pledging to work toward "substantially improved market access, the elimination of discriminatory requirements and practices affecting foreign investors." EU Trade Commissioner Cecilia Malmstrom has...
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President Donald Trump speaks with reporters before boarding Marine One on the South Lawn of the White House, Friday, April 5, 2019, in Washington. (AP Photo/Evan Vucci)
April 09, 2019 - 9:08 am
WASHINGTON (AP) — President Donald Trump said Tuesday he'll put tariffs on $11 billion worth European Union cheese, wine and other goods to retaliate for what Washington says are improper subsidies to Airbus. The office of the U.S. trade representative late Monday released a preliminary list of EU...
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FILE- In this Tuesday, March 5, 2019, file photo the Cape Kortia container ship, left, heads into the Port of Tacoma in Commencement Bay in Tacoma, Wash. On Thursday, March 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the October-December quarter. (AP Photo/Ted S. Warren, File)
April 02, 2019 - 8:26 am
GENEVA (AP) — The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6%, due to an economic slowdown and amid a trade conflict between the United States and China. The downgrade — from 3.7% forecast issued in September — reflects how...
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An investor monitors share prices at a brokerage house in Beijing, Wednesday, March 27, 2019. Shares were mixed in Asia early Wednesday after U.S. stocks finished broadly higher on Wall Street, erasing modest losses from a day earlier. (AP Photo/Andy Wong)
March 27, 2019 - 8:39 am
BANGKOK (AP) — Stocks markets turned lower Wednesday amid concerns about an impasse in the Brexit process, slowing trade and global growth. Britain's FTSE 100 declined 0.2 percent to 7,183 as British lawmakers sought ways forward in Brexit after a defeat of Prime Minister Theresa May's proposed...
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