Economic policy

FILE - In this Sept. 29, 2019, file photo, a man eats a snack while passing an "I love China" decoration at a popular shopping mall in Beijing. China is putting a positive face on an agreement to start dialing down a trade war that it blames the U.S. for starting. Chinese experts and news media said Saturday that the deal would reduce uncertainty for companies and lay the foundation for further talks. (AP Photo/Andy Wong)
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December 14, 2019 - 4:40 am
BEIJING (AP) — China put a positive face Saturday on a first-step trade agreement that dials down a trade war it blames the U.S. for starting. Chinese experts and news media joined government officials in saying the deal would reduce uncertainty for companies, at least in the short term. They...
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Shoppers at a retail district pass by an American lingerie company Victoria's Secrets store in Beijing on Friday, Dec. 13, 2019. China deputy trade envoy says China, U.S. have reached trade deal, will reduce punitive tariffs on each other's goods. (AP Photo/Ng Han Guan)
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December 13, 2019 - 5:46 pm
WASHINGTON (AP) — The limited trade deal that the Trump administration and Beijing announced Friday means Americans will avoid a holiday tax increase on imported toys, clothing and smartphones. U.S. farmers can sell more soybeans and pork to China. And American companies should face less pressure...
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Specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange, Friday, Dec. 13, 2019. After months of waiting, markets had a muted reaction to news Friday that the US and China had reached an initial deal on trade. (AP Photo/Richard Drew)
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December 13, 2019 - 5:31 pm
Wall Street closed out a listless day Friday with tiny gains and more record highs for the S&P 500 and Nasdaq. The U.S. and China revealed they have reached an initial deal in their long-running trade war. The “Phase 1” agreement means that the U.S. won't impose new tariffs on Chinese goods...
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French President Emmanuel Macron listens to European Council President Charles Michel prior to their meeting at the Elysee Palace, in Paris, Tuesday, Dec. 10, 2019. The two men discussed Europe's plans for Brexit, European efforts against climate change and this week's European Union summit in Brussels. (AP Photo/Francois Mori)
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December 13, 2019 - 12:12 pm
LONDON (AP) — The Latest on Britain's Brexit election (all times local): 5:05 p.m. The community of St. Ives in southwest England has formally brought an end to the British general election and it was another victory for the Conservative Party. The victory for Conservative Derek Thomas over Liberal...
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European Central Bank President Christine Lagarde, center, speaks with Luxembourg's Prime Minister Xavier Bettel, left, and French President Emmanuel Macron, right, during a round table meeting at an EU summit in Brussels, Friday, Dec. 13, 2019. European Union leaders are gathering Friday to discuss Britain's departure from the bloc amid some relief that Prime Minister Boris Johnson has secured an election majority that should allow him to push the Brexit deal through parliament. (AP Photo/Olivier Matthys)
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December 13, 2019 - 6:25 am
BRUSSELS (AP) — European Union leaders on Friday debated Britain’s departure from the bloc amid some relief that Prime Minister Boris Johnson has secured a parliamentary majority that should allow him to push the long-stalled Brexit divorce deal through parliament. With or without an agreement,...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Dec. 13, 2019. Shares likewise jumped Friday in Asia following fresh all-time highs overnight on Wall Street spurred by optimism that the U.S. and China are close to reaching a deal to end their costly trade war. (AP Photo/Eugene Hoshiko)
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December 13, 2019 - 4:20 am
BANGKOK (AP) — The British pound edged higher Friday as Prime Minister Boris Johnson's Conservative Party claimed a robust majority in Parliament, while talk of China-U.S. trade deal buoyed share prices in Asia. The British pound rose to $1.3470 from $1.3385 late Thursday but then fell back to a...
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Liberal Democrats Party leader Jo Swinson and her partner Duncan Hames arrive to cast their votes in the general election in Glasgow, Thursday Dec. 12, 2019. U.K. voters are voting Thursday for they want to resolve the stalemate over Brexit, in a parliamentary election widely seen as one of the most decisive in modern times.(Ian Rutherford/PA via AP)
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December 12, 2019 - 11:05 pm
LONDON (AP) — The Latest on Britain's Brexit general election (all times local): 4 a.m. The leader of Britain’s Liberal Democrats, Jo Swinson, has lost her seat in Parliament, while her party is struggling to make election gains. Swinson was narrowly defeated in her Dunbartonshire East constituency...
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December 12, 2019 - 9:19 pm
MEXICO CITY (AP) — Mexico's Senate voted Thursday to approve the modifications negotiated this week to the U.S.-Mexico-Canada Agreement, known as the USMCA. The Senate vote of 107 to 1 gave approval to increased enforcement of labor and environmental rules. The vote clears the way for a revamped...
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FILE - In this July 22, 2019, file stacked containers wait to be loaded on to trucks at the Port of Oakland in Oakland, Calif. China's government says trade negotiators are in “close communication” with Washington ahead of a weekend deadline for a U.S. tariff hike. But a Ministry of Commerce spokesman gave no indication of possible progress in trade talks or whether Washington might postpone the increase. (AP Photo/Ben Margot, File)
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December 12, 2019 - 7:45 pm
WASHINGTON (AP) — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war. A "deal is close,'' said Myron Brilliant, the U.S. Chamber of Commerce's head of international...
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FILE - In this Dec. 5, 2019, file photo, trader Gregory Rowe, left, and specialist Michael Pistillo work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 12. (AP Photo/Richard Drew, File)
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December 12, 2019 - 6:15 pm
The S&P 500 and Nasdaq closed at all-time highs Thursday on renewed optimism that the U.S. and China are close to reaching a deal in their costly trade war. Financial, technology and health care stocks powered much of the rally, which gave the S&P 500 its second straight gain and erased its...
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