International trade

August 15, 2018 - 11:38 am
WASHINGTON (AP) — The Trump administration is imposing sanctions on three foreign companies it says are helping North Korea with illicit shipments of goods to fund its nuclear program. The Treasury Department said Wednesday it was taking action against the companies, which are based in China,...
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FILE - In this Friday, May 4, 2018 file photo, Turkey's President Recep Tayyip Erdogan, center, looks at his phone during a ceremony in Istanbul. Erdogan said Tuesday, Aug. 18, 2018, that his country will boycott U.S.-made electronic goods amid a diplomatic spat that has helped trigger a Turkish currency crisis. Showing no signs of backing down in the standoff, Erdogan suggested that Turkey would stop procuring U.S.-made Iphones and buy Korean Samsung or Turkish-made Vestel instead. (AP Photo/Lefteris Pitarakis, File)
August 15, 2018 - 8:56 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 3:55 p.m. Amnesty International says a court in Istanbul has ruled for the release from prison of the rights group's former Turkey chairman. The decision to release Taner Kilic on Wednesday came a day after a Turkish...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 15, 2018. Shares were mostly lower in Asia early Wednesday despite a rally overnight on Wall Street as investors' jitters over the Turkish currency crisis eased.(AP Photo/Vincent Yu)
August 15, 2018 - 4:28 am
BANGKOK (AP) — Shares were mixed Wednesday after Turkey announced it was increasing tariffs on imports of some U.S. products, escalating a feud with the United States that has helped trigger a currency crisis. KEEPING SCORE: Germany's DAX rose 0.3 percent to 12,392.13 and in France, the CAC 40...
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In this Monday, Aug. 13, 2018, photo, a man walks by a poster depicting a mural of U.S. President Donald Trump stating that all American costumers will be charged 25 percent more than others starting from the day president Trump started the trade war against China, on display outside a restaurant in Guangzhou in south China's Guangdong province. The recent trade war between the world's two biggest economies has forced many multinational companies to reschedule purchases and rethink where they buy materials and parts to try to dodge or blunt the effects of tit-for-tat tariffs between Washington and Beijing. (Color China Photo via AP)
August 15, 2018 - 1:56 am
BEIJING (AP) — China says it is challenging a U.S. tariff hike on solar panels before the World Trade Organization, adding to its sprawling conflicts with President Donald Trump over trade and technology. The 30 percent tariffs announced in January improperly help U.S. producers in violation of WTO...
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August 14, 2018 - 6:20 am
BERLIN (AP) — The German economy accelerated in the second quarter despite the U.S. move to impose new tariffs on the European Union, official data showed Tuesday, performing slightly better than economists had expected. Germany's economy, Europe's biggest, grew by 0.5 percent compared with the...
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New England governors and Eastern Canadian premiers sit during a news conference on Monday, Aug. 13, 2018, in Stowe, Vt. From left, are Prince Edward Island a premier Wade MacLauchlan, Massachusetts Gov. Charlie Baker, Quebec Premier Philippe Couillard, Vermont Gov. Phil Scott, New Brunswick Premier Brian Gallant, Connecticut Gov. Dannel P. Malloy, Newfoundland and Labrador Premier Dwight Ball, Nova Scotia Trade Minister Geoff MacLellan and Taylor Caswell, Commissioner of the New Hampshire Department of Business and Economic Affairs. (AP Photo/Lisa Rathke)
August 13, 2018 - 9:22 pm
STOWE, Vt. (AP) — Some governors from the northeast U.S. and premiers from eastern Canada on Monday called for the end of the trade war between the U.S. and Canada and a successful renegotiation of the North American Free Trade Agreement as they gathered in Vermont for an annual meeting. Despite...
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FILE - In this Oct. 14, 2017, file photo, an aerial view shows the devastation of the Coffey Park neighborhood after a wildfire swept through in Santa Rosa, Calif. President Donald Trump’s tariffs on imported construction materials are making it more expensive to rebuild homes lost to wildfires and other natural disasters. The taxes come at a time when several other factors are also driving up building costs.(AP Photo/Marcio Jose Sanchez, File)
August 11, 2018 - 10:39 am
SANTA ROSA, Calif. (AP) — The import tariffs imposed by President Donald Trump are boosting the cost of building a home by thousands of dollars, and that's adding to the challenges of people trying to rebuild from California's wildfire and other disasters. The CEO of the California Building...
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Turkey's President Recep Tayyip Erdogan addresses supporters at his Black Sea hometown, Guneysu, Turkey, early Friday, Aug. 10, 2018. Turkey's Finance and Treasury Minister Berat Albayrak will reveal a " new economic model " as the Turkish Lira has lost more than 30 percent of its value since the start of the year.(Presidential Press Service via AP, Pool)
August 10, 2018 - 6:34 pm
ANKARA, Turkey (AP) — A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. The lira tumbled 14 percent in...
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Turkey's President Recep Tayyip Erdogan announces plan of action for the first 100 days of his new presidency, in Ankara, Turkey, Friday, Aug. 3, 2018. (AP Photo/Burhan Ozbilici)
August 10, 2018 - 3:01 pm
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local): 9:20 p.m. A Turkish official says U.S. President Donald Trump's decision to double tariffs on Turkish steel and aluminum imports, which he announced on Twitter, lacked "state seriousness." Foreign Ministry spokesman...
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Roh Suk-hwan, deputy commissioner of the Korea Customs Service, announces about North Korea coal at the government complex in Daejeon, South Korea, Friday, Aug. 10, 2018. South Korea says a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions. (Lee Jin-wook/Yonhap via AP)
August 10, 2018 - 3:52 am
SEOUL, South Korea (AP) — South Korea said a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions. Reporting on preliminary results from a 10-month investigation, the Korea Customs Service said Friday...
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