trade

Vice President Mike Pence discusses U.S. and China relations.
Jacquelyn Martin/AP Photo
AP News
October 24, 2019 - 7:48 pm
Vice President Mike Pence took a swipe at Nike and the NBA on Thursday in a speech criticizing communist China's record on trade and human rights.
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Chinese Vice Premier Liu He accompanied by U.S. Trade Representative Robert Lighthizer, left, and Treasury Secretary Steven Mnuchin, greets the media before a minister-level trade meetings at the Office of the United States Trade Representative in Washing
Jose Luis Magana/AP
AP News
October 11, 2019 - 4:41 pm
The United States is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two biggest economies reached a cease-fire in their 15-month trade war.
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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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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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