Economic policy

April 21, 2019 - 7:59 pm
WASHINGTON (AP) — The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran. U.S. officials say Secretary of State Mike Pompeo plans to announce on Monday...
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FILE - In this Nov. 30, 2018 file photo, President Donald Trump, center, sits between Canada's Prime Minister Justin Trudeau, right, and Mexico's President Enrique Pena Nieto as they sign a new United States-Mexico-Canada Agreement that is replacing the NAFTA trade deal, during a ceremony at a hotel before the start of the G20 summit in Buenos Aires, Argentina. Trump’s new North America trade agreement would give the U.S. economy only a modest boost, an independent federal agency finds. (AP Photo/Martin Mejia, File)
April 18, 2019 - 4:50 pm
WASHINGTON (AP) — President Donald Trump's new North America trade agreement would give the U.S. economy only a modest boost, an independent federal agency has found. The International Trade Commission said Thursday that Trump's U.S.-Mexico-Canada agreement would lift the U.S. economy by 0.35%, or...
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FILE - In this March 26, 2019 file photo, an evening commuter is silhouetted against the glistening New York City skyline at sunset as he walks along Hudson River shoreline in Jersey City, N.J. On Wednesday, April 17, the Federal Reserve releases its latest "Beige Book" survey of economic conditions. (AP Photo/J. David Ake, File)
April 17, 2019 - 2:45 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday the economy was expanding at a moderate pace in March and early April, despite uncertainty caused by trade tensions and severe flooding in the Midwest. In its latest report on economic conditions around the country, the Fed said that some...
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European Trade Commissioner Cecilia Malmstrom talks to journalists during a news conference at the European Commission headquarters in Brussels, Monday, April 15, 2019. (AP Photo/Francisco Seco)
April 17, 2019 - 9:57 am
BRUSSELS (AP) — The European Union has drawn up a list of $20 billion worth of U.S. products it could tax in an escalating feud over plane industry subsidies, the EU's executive commission said Wednesday. The commission said the EU could tax the products , which range from aircraft parts to frozen...
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In this Tuesday, April 9, 2019, photo, workers sewing clothing for export at an garment factory in Donghai county in east China's Jiangsu province. China's economic growth held steady in the latest quarter despite a tariff war with Washington, suggesting Beijing's efforts to reverse a slowdown might be gaining traction. (Chinatopix via AP)
April 17, 2019 - 5:39 am
SHANGHAI (AP) — China's economic growth held steady in the latest quarter despite a tariff war with Washington as Beijing's efforts to reverse a slowdown started to gain traction. The world's second-largest economy expanded by 6.4% over a year before in the three months ending in March, the...
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April 17, 2019 - 12:21 am
TOKYO (AP) — Japan's exports declined in March as shipments to China dropped more than 9%, pulling the nation's trade surplus sharply lower. The data released Wednesday by the Finance Ministry was more or less in line with forecasts. It said total exports for the world's 3rd largest economy fell 2...
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FILE - In this Feb. 18, 2019, file photo, national security adviser John Bolton speaks to the Venezuelan American community in Miami. The Trump administration is poised to step up pressure on Cuba by allowing lawsuits against foreign companies doing business in properties seized from Americans after the island’s 1959 revolution. The move marks a change in more than two decades of U.S. policy on Cuba. It could deal a severe blow to Cuba’s efforts to draw foreign investment, and spawn international trade disputes between the U.S. and Europe. (AP Photo/Luis M. Alvarez, File)
April 16, 2019 - 6:10 pm
WASHINGTON (AP) — Stepping up pressure on Cuba, the Trump administration will allow lawsuits against foreign companies doing business in properties seized from Americans after the island's 1959 revolution, a senior administration official said Tuesday. The move marks a change in more than two...
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FILE - This Nov. 28, 2018 file photo shows Clifford Goff, a bezel assembler, transferring a front end of a General Motors Chevrolet Cruze during assembly at Jamestown Industries, in Youngstown, Ohio. On Tuesday, April 16, 2019, the Federal Reserve reports on U.S. industrial production for March. (AP Photo/Tony Dejak, File)
April 16, 2019 - 10:43 am
WASHINGTON (AP) — U.S. industrial production fell in March, pulled down by a drop in mining output. Factory output remained weak amid a slowing global economy and trade tensions with China. The Federal Reserve says industrial output — combining production at factories, utilities and mines — slipped...
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The Sylphy Zero Emission, an all-electric model designed for China is displayed at the Nissan booth during the Auto Shanghai 2019 show in Shanghai on Tuesday, April 16, 2019. Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. (AP Photo/Ng Han Guan)
April 16, 2019 - 2:46 am
SHANGHAI (AP) — Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. Communist leaders wanting China to lead in...
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European Trade Commissioner Cecilia Malmstrom talks to journalists during a news conference at the European Commission headquarters in Brussels, Monday, April 15, 2019. (AP Photo/Francisco Seco)
April 15, 2019 - 10:25 am
BRUSSELS (AP) — The European Union approved Monday its terms for negotiating a new trade deal with the United States, but set up a possible show-down with Washington by refusing to include agricultural products in the talks. Making public the mandate for the EU's executive commission to conduct...
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