trade

U.S President Donald Trump and first lady Melania Trump arrive in Biarritz, France, Saturday, Aug. 24, 2019, for the G-7 summit.
Andrew Harnik/AP Photo
AP News
August 24, 2019 - 3:05 pm
By: Zeke Miller BIARRITZ, France (AP) — President Donald Trump is threatening to use the emergency authority granted by a powerful, but obscure federal law to make good on his tweeted "order" to U.S. businesses to cut ties in China amid a spiraling trade war between the two nations. China's...
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Donald Trump and China's Xi Jinping
Susan Walsh/AP, file
AP News
August 23, 2019 - 9:29 am
WASHINTON D.C. (AP) — President Donald Trump and China escalated their 13-month trade war Friday, sending financial markets tumbling and intensifying worries about the health of the global economy. Trump answered a new round of trade sanctions from China by promising a still-secret response, joking...
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Cargo ship
Chinatopix via AP
AP News
August 22, 2019 - 7:01 am
BEIJING (AP) — China appealed to Washington on Thursday to "meet each other halfway" and settle a trade war instead of going ahead with planned tariff hikes Beijing warned will trigger retaliation. Exporters are preparing for a Sept. 1 increase in U.S. duties in a fight over trade and technology...
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Huawei
Andy Wong/AP, file
August 19, 2019 - 11:49 am
NEW YORK (AP) — Commerce Secretary Wilbur Ross said Monday that the United States will extend by 90 days a limited reprieve on U.S. technology sales to Huawei. The U.S. government blacklisted the Chinese technology giant in May, deeming it a national security risk and restricting sales of U.S...
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Dow Jones industrials cross 27,000 points for first time
Mark Lennihan/AP Photo, File
July 11, 2019 - 6:55 pm
By Alex Veiga (AP) — A turbulent day on Wall Street ended in the record books Thursday as the Dow Jones Industrial Average climbed above 27,000 for the first time and the S&P 500 index hit another all-time high. The milestones came on a day when the S&P 500 briefly moved above 3,000 for the...
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President Donald Trump speaks at the "Faith & Freedom Coalition 2019 Road To Majority Policy Conference," Wednesday, June 26, 2019, in Washington.
Evan Vucci/AP Photo
June 26, 2019 - 3:10 pm
By Paul Wiseman WASHINGTON (AP) — President Donald Trump said Wednesday that he's under little pressure to reach a trade deal with China when he meets late this week with President Xi Jinping and is prepared to impose further tariffs on Chinese imports. "The Chinese economy's going down the tubes...
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View of cars at the Volkswagen plant in Puebla, Mexico, on August 27, 2018.
Jose Castanares/AFP/Getty via CNN
June 02, 2019 - 11:34 am
By Veronica Stracqualursi and Donna Borak, CNN (CNN) -- The Trump administration announced Friday that it's ending special trade treatment for India, removing a status that exempts billions of dollars of the country's products from US tariffs. "I have determined that India has not assured the...
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President Donald Trump and Japanese Prime Minister Shinzo Abe
Kiyoshi Ota/Pool Photo via AP
May 27, 2019 - 8:20 am
TOKYO (AP) — President Donald Trump said Monday he is not "personally" bothered by recent short-range missile tests that North Korea conducted this month, breaking with Japanese Prime Minister Shinzo Abe, who is hosting the president on four-day state visit full of pageantry. Standing beside Trump...
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A deepening trade war between the world's two largest economies is bad news for the oil business.
Getty Images via CNN
May 23, 2019 - 4:15 pm
By Matt Egan, CNN Business (CNN) - - A deepening trade war between the world's two largest economies is bad news for the oil business. US oil prices plummeted nearly 6% to a 10-week low of $57.91 a barrel on Thursday as fears about the US-China trade standoff intensify in global financial markets...
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Shoppers walk by foreign fashion boutiques at the capital city's popular shopping mall in Beijing, Monday, May 13, 2019.
Andy Wong/AP Photo
May 13, 2019 - 8:51 am
BEIJING (AP) — Deepening a trade battle and sending financial markets spinning, China announced Monday it was raising tariffs on $60 billion of U.S. goods in retaliation for the latest hike in U.S. tariffs on its exports. The Finance Ministry said Monday the new penalty duties of 5% to 25% on...
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