Economic policy

August 06, 2018 - 1:38 am
BEIJING (AP) — China has tightened controls on trading in its yuan to discourage speculators after a decline against the dollar amid a tariff dispute with Washington fueled fears of a damaging outflow of capital from the world's second-largest economy. Traders must post a 20 percent deposit...
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U.S. Secretary of State Mike Pompeo, center, talks with Indonesian President Joko Widodo, unseen, during their meeting at Merdeka palace in Jakarta, Indonesia, Sunday, Aug. 5, 2018. (Beawiharta/Pool Photo via AP)
August 05, 2018 - 7:57 pm
WASHINGTON (AP) — As the Trump administration readies to re-impose sanctions on Iran that were lifted under the 2015 nuclear accord, America's European allies fear greater regional instability. President Donald Trump's withdrawal from the landmark agreement, signed by the U.S. and five other world...
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FILE - In this Wednesday, Jan. 31, 2018 file photo, British Secretary of State for International Trade Liam Fox speaks during the inaugural meeting of the UK-China CEO Council at the Great Hall of the People in Beijing. Britain's international trade minister says it's likely the U.K. will fail to agree a divorce deal with the European Union before it leaves the bloc next year. Trade Secretary Liam Fox told the Sunday Times newspaper on Sunday, Aug. 5 that "intransigence" by EU officials "is pushing us towards no deal." (AP Photo/Mark Schiefelbein, file)
August 05, 2018 - 7:04 am
LONDON (AP) — Britain's international trade minister says it's likely the U.K. will fail to agree upon a divorce deal with the European Union before it leaves the bloc in March — the latest in a growing chorus of warnings that the negotiations are in crisis. Trade Secretary Liam Fox told the Sunday...
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August 04, 2018 - 7:18 am
BERLIN (AP) — Germany's central bank is changing its terms and conditions to provide for deeper scrutiny of cash transfers, a move that comes as Iran seeks to repatriate cash held in a Hamburg-based bank and the U.S. presses allies to get tough on Tehran. Iran wants to bring home 300 million euros...
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In this Monday, July 23, 2018 photo, lobster fisherman Ernie Piton looks out from his boat Risky Business in Key Largo, in the Florida Keys. Lobster fishermen in the Florida Keys fear a trade war with China could undermine storm recovery in the island chain. Lobsters are among the seafood and other U.S. goods hit by Chinese tariffs in early July, after the Trump administration put tariffs on billions of dollars' worth of Chinese goods. (AP Photo/Lynne Sladky)
August 03, 2018 - 2:58 pm
KEY LARGO, Fla. (AP) — Just as they prepare for a crucial harvest in the wake of Hurricane Irma, lobster fishermen in the Florida Keys fear a trade war with China could undermine storm recovery in the island chain. Lobsters are among the seafood and other U.S. goods hit by Chinese tariffs in early...
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Republican U.S. Rep. Marsha Blackburn campaigns Thursday, Aug. 2, 2018, at a cafe in Brentwood, Tenn. Blackburn is strongly embracing President Donald Trump as she claims the Republican nomination for Tennessee's open U.S. Senate seat. (AP Photo/Mark Humphrey)
August 03, 2018 - 1:10 pm
NASHVILLE, Tenn. (AP) — Basking in the afterglow of an emphatic Republican primary victory in her bid for the U.S. Senate, U.S. Rep. Marsha Blackburn proclaimed it a win for the agenda of President Donald Trump, a statement from Tennessee voters that they want to give him their full support. "We...
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August 03, 2018 - 10:13 am
BEIJING (AP) — China on Friday announced a $60 billion list of U.S. goods including coffee, honey and industrial chemicals for retaliation if Washington goes ahead with its latest tariff threat. The Finance Ministry accused the Trump administration of damaging the global economy after it proposed...
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In this Dec. 13, 2017 file photo, a container ship is unloaded at the Port of Oakland in Oakland, Calif. The U.S. trade deficit widened in June 2018 for the first time in four months as exports fell and imports grew. Politically sensitive trade gaps with China, Mexico and Canada all increased. (AP Photo/Ben Margot, File)
August 03, 2018 - 8:51 am
WASHINGTON (AP) — The U.S. trade deficit widened in June for the first time in four months as exports fell and imports grew. Politically sensitive trade gaps with China, Mexico and Canada all increased. The Commerce Department said Friday that the deficit in goods and services — the gap between...
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Republican U.S. Rep. Marsha Blackburn campaigns Thursday, Aug. 2, 2018, at a cafe in Brentwood, Tenn. Blackburn is strongly embracing President Donald Trump as she claims the Republican nomination for Tennessee's open U.S. Senate seat. (AP Photo/Mark Humphrey)
August 02, 2018 - 10:22 pm
NASHVILLE, Tenn. (AP) — Former Tennessee Democratic Gov. Phil Bredesen and Republican U.S. Rep. Marsha Blackburn have been running their campaigns for a critical U.S. Senate seat like their matchup was assured. Voters made it official Thursday. Bredesen and Blackburn disposed of minimal opposition...
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China's Foreign Minister Wang Yi pauses before a bilateral meeting with Philippines' Foreign Affairs Secretary Alan Cayetano on the sidelines of the 51st ASEAN Foreign Ministers Meeting in Singapore, Thursday, Aug. 2, 2018. (AP Photo/Joseph Nair)
August 02, 2018 - 9:23 pm
BEIJING (AP) — China's foreign minister said Thursday that U.S. threats to hike tariffs run against the trend toward globalization and will hurt U.S. businesses and consumers. "Well, I should point out that nowadays we live in a globalized world," Wang Yi said while attending a regional meeting in...
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