Trade policy

People walk past an electronic board showing the Hong Kong share index at a bank in Hong Kong, Tuesday, July 10, 2018. Asian markets were mostly higher on Tuesday as overnight gains on Wall Street and the lack of bad news surrounding U.S.-China tariffs boosted sentiment. (AP Photo/Kin Cheung)
July 09, 2018 - 9:59 pm
SINGAPORE (AP) — Asian markets were mostly higher on Tuesday as overnight gains on Wall Street and the lack of bad news surrounding U.S.-China tariffs boosted sentiment. KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.0 percent in morning trading to 22,278.51 and South Korea's Kospi gained 0.4...
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FILE - In this Saturday, July 7, 2018, file photo, whiskeys distilled and bottled in the U.S. are displayed for sale in a grocery store in Beijing. China’s options to retaliate in an escalating trade dispute with Washington go beyond matching U.S. tariff hikes to targeting American companies and government debt. Its state-dominated economy gives regulators tools to hamper sales of engineering, shipping and other services _ an area in which the United States runs a trade surplus _ and to disrupt operations for automakers, restaurant chains and other American businesses in China. (AP Photo/Mark Schiefelbein, File)
July 09, 2018 - 8:16 pm
BEIJING (AP) — In his trade war with China, President Donald Trump wields one seeming advantage: The United States could ultimately slap tariffs on more than $500 billion in imported Chinese goods. Beijing has much less to tax: It imported just $130 billion in U.S. goods last year. Yet that hardly...
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FILE - In this file photo dated Thursday, May 25, 2017, British Prime Minister Theresa May talks with British Foreign Minister Boris Johnson, with British lawmaker Michael Fallon, right, as they participate in a NATO summit of heads of state and government in Brussels. Prime Minister Theresa May has accepted the resignation of Boris Johnson Monday July 9, 2018, amid Cabinet splits over Brexit. (AP Photo/Matt Dunham, FILE)
July 09, 2018 - 1:29 pm
LONDON (AP) — British Prime Minister Theresa May dug in her heels Monday after the resignation of two top government ministers over Brexit negotiations whipped up a storm that threatened to topple her fragile minority government Foreign Secretary Boris Johnson quit with a resignation letter...
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July 09, 2018 - 6:53 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says that new trade barriers are the main risk to Europe's economy and that it's up to the EU to "lead by example" by supporting economic openness. Draghi told the European parliament Monday that the bank had decided to phase out its...
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July 09, 2018 - 5:38 am
FRANKFURT, Germany (AP) — Automaker BMW says it will have to raise prices on the U.S.-built SUVs it sells in China due to higher tariffs. China raised the import tax on cars from the United States to 40 percent in retaliation for higher tariffs on Chinese goods imposed by President Donald Trump...
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A man pushes a cart loaded with goods past a decoration baring the words "Business Prospers and Booming" outside a retail and wholesale clothing mall in Beijing, Monday, July 9, 2018. The trade war that erupted last Friday between the U.S. and China carries a major risk of escalation that could weaken investment, depress spending, unsettle financial markets and slow the global economy. (AP Photo/Andy Wong)
July 09, 2018 - 5:35 am
BEIJING (AP) — Chinese exporters were scrambling Monday to cope with a plunge in U.S. sales while China's state press shrugged off the impact of Washington's tariff hikes in a spiraling technology dispute. The impact of Friday's tariff hikes on the world's second-largest economy should be limited,...
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People stand by an electronic stock board of a securities firm in Tokyo, Monday, July 9, 2018. Asian shares are mostly higher after a weekend of relative quiet over the escalating trade stand-off between the U.S. and China. (AP Photo/Koji Sasahara)
July 09, 2018 - 2:14 am
TOKYO (AP) — Global shares were mostly higher Monday after a weekend of relative quiet in the escalating trade standoff between the U.S. and China. Investors appear optimistic about the outlook for the global economy despite punitive tariffs imposed by Washington and Beijing on each other's exports...
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FILE- In this June 6, 2018 file photo, Britain's Secretary of State for Exiting the European Union David Davis delivers a speech in London, on Britain's vision for the future security relationship with the EU. British media outlets say the most senior official in charge of negotiating Britain's exit from the European Union has quit Prime Minister Theresa May's government. The Press Association news agency, the BBC and others say Davis resigned Sunday, July 8, 48 hours after May announced that her divided government had at last agreed on a plan for ties with the EU after the U.K. leaves next year. (Leon Neal/Pool Photo via AP, File)
July 08, 2018 - 5:56 pm
LONDON (AP) — Britain's most senior official in charge of negotiating the country's exit from the European Union resigned Sunday, accusing Prime Minister Theresa May of undermining Brexit with her plan to keep close trade ties with the bloc. Brexit Secretary David Davis quit just two days after May...
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FILE- In this Feb. 9, 2017, file photo traders work the floor at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 6, 2018. (AP Photo/Mark Lennihan, File)
July 06, 2018 - 2:05 pm
The trade dispute between the U.S. and China escalated Friday, but Wall Street focused on a solid jobs report instead. After a wobbly start, U.S. stocks mounted a broad rally, shaking off two consecutive weekly losses. Growing jitters in recent weeks over a stepped-up trading dispute between the...
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Britain's Prime Minister Theresa May leaves 10 Downing Street in London, bound for the House of Commons to face Prime Minister's Questions, Wednesday July 4, 2018. (Dominic Lipinski/PA via AP)
July 06, 2018 - 2:04 pm
LONDON (AP) — British Prime Minister Theresa May corralled her Cabinet inside an English country house for a long, hot day Friday, and announced that the divided government had finally agreed on a plan for a future free-trade deal with the European Union. The proposal aims to keep the U.K. and the...
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