Global trade

FILE - In this July 18, 2018, file photo, United Airlines commercial jets sit at a gate at Terminal C of Newark Liberty International Airport in Newark, N.J. United Airlines is canceling another month’s worth of flights with Boeing 737 Max planes that were grounded after two deadly accidents. United said Friday, May 24, 2019, it has removed the Max from its schedule through Aug. 3 and will cancel about 2,400 flights in June and July as a result. It had previously canceled all Max flights through early July. (AP Photo/Julio Cortez, File)
June 02, 2019 - 6:51 am
BERLIN (AP) — The International Air Transport Association is lowering its 2019 profit forecast for the airline industry amid rising fuel prices and weakening world trade. The Montreal-based IATA said airlines are expected to earn $28 billion this year, down from the $35.5 billion it had predicted...
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FILE - In this May 28, 2019, file photo specialist Peter Mazza, left, and trader Stephen Gilmartin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 31. (AP Photo/Richard Drew, File)
May 31, 2019 - 2:27 pm
Wall Street is no fan of Tariff Man. The stock market stumbled Friday to its first losing month of 2019 in May, primarily due to President Donald Trump's decision to broadly wield his tariff powers, first against China over trade and then against Mexico over immigration. During stocks' month-long...
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Joe Raedle/Getty Images
May 30, 2019 - 7:27 am
The U.S. economy grew at a solid 3.1% rate in the first three months of the year, but much of that gain was based on temporary factors that will likely fade, leaving growth much slower in the current quarter.
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FILE - In this May 23, 2019, file photo trader Edward Curran works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, May 29. (AP Photo/Richard Drew, File)
May 29, 2019 - 7:24 am
NEW YORK (AP) — U.S. stocks fell broadly in morning trading Wednesday on Wall Street as investors shifted more money into the safety of bonds. Investors also favored less-risky stocks, including utilities, amid concerns that global economic growth is being threatened by the trade war between the U...
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FILE - In this April 10, 2019, file photo, a Boeing 737 Max 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. From airplanes made by Boeing to apples, cherries and wheat grown by farmers, no other state is more dependent on international trade than Washington. As the tariff disputes escalate, small factories are closing and manufacturing behemoths like Boeing are increasingly worried about access to crucial Asian markets that have helped propel the state's booming economy. (AP Photo/Ted S. Warren, File)
May 29, 2019 - 6:55 am
GENEVA (AP) — The global airline trade group says it expects the Boeing 737 Max jet will remain grounded at least through mid-August after two deadly crashes. The spokesman for the International Air Transport Association, Anthony Concil, said Wednesday the group estimates the planes will not fly...
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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 - 10:49 am
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 10, 2019 - 11:06 pm
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 - 6:13 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 - 2:49 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 - 12:27 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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