Economy

President Donald Trump and German Chancellor Angela Merkel during their bilateral meeting, Wednesday, July 11, 2018 in Brussels, Belgium. (AP Photo/Pablo Martinez Monsivais)
July 11, 2018 - 11:09 pm
BRUSSELS (AP) — Under fire for his warm embrace of Russia's Vladimir Putin, President Donald Trump jolted the NATO summit Wednesday by turning a spotlight on Germany's ties to Russia and openly questioning the value of the military alliance that has defined American foreign policy for decades...
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President Donald Trump, right, walks away after being greeted by NATO Secretary General Jens Stoltenberg, left, before a summit of heads of state and government at NATO headquarters in Brussels on Wednesday, July 11, 2018. NATO leaders gather in Brussels for a two-day summit to discuss Russia, Iraq and their mission in Afghanistan. (AP Photo/Pablo Martinez Monsivais)
July 11, 2018 - 8:59 pm
BRUSSELS (AP) — The Latest on President Donald Trump's trip to Europe (all times local): 2:50 a.m. President Donald Trump has jolted the NATO summit in Brussels by turning a spotlight on Germany's ties to Russia and openly questioning the value of the military alliance that has defined American...
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Workers inside this boat apply finishing details at Regal Marine Industries in Orlando, Fla., Wednesday, July 11, 2018. Some U.S. manufacturers are feeling the impact of tariffs of up to 25 percent that the Trump administration has imposed on thousands of products imported from China, Europe, Mexico, Canada, India and Russia, and of retaliatory tariffs that countries have put on U.S. exports. Among the products the U.S. has targeted are aluminum, steel and goods made from those metals, vehicles and their components and computer parts. The retaliation has hit U.S. makers of food and farm products, alcoholic beverages and boats and other vehicles. (AP Photo/John Raoux)
July 11, 2018 - 2:55 pm
WASHINGTON (AP) — Lawmakers went on record Wednesday to express their frustration with the Trump administration's growing use of tariffs as the Senate passed a nonbinding resolution designed to give Congress more say about trade penalties imposed in the name of national security. The measure, which...
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July 11, 2018 - 1:29 pm
LONDON (AP) — The Irish Senate has voted in favor of a bill seeking to ban the import of West Bank settlement products — a measure that still must pass several hurdles before becoming law. The bill aims to make it an offence to import or sell goods or services from Israeli settlements. If passed,...
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Birds fly over the river Main as the sun sets in Frankfurt, Germany, Saturday, July 7, 2018. (AP Photo/Michael Probst)
July 11, 2018 - 1:24 pm
FRANKFURT, Germany (AP) — The European Central Bank said Wednesday it is taking further steps to address the problem of bad loans burdening bank finances and clogging the flow of credit to the economy. The ECB said it would set expectations for each financial institution on putting aside adequate...
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Imported nuts from the United States are displayed for sale at a hypermarket in Beijing, Wednesday, July 11, 2018. China's government has criticized the latest U.S. threat of a tariff hike as "totally unacceptable" and vowed to retaliate in their escalating trade war. The Commerce Ministry on Wednesday gave no details, but Beijing responded to last week's U.S. tariff hike on $34 billion of imports from China by increasing its own duties on the same amount of American goods. (AP Photo/Andy Wong)
July 11, 2018 - 9:26 am
BEIJING (AP) — China's government vowed Wednesday to take "firm and forceful measures" as the U.S. threatened to expand tariffs to thousands of Chinese imports like fish sticks, apples and French doors, the latest salvo in an escalating trade dispute that threatens to chill global economic growth...
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July 11, 2018 - 8:49 am
WASHINGTON (AP) — U.S. wholesale prices rose 0.3 percent in June, a slight slowing from May. But the 12-month gain was the fastest in more than six years, adding to evidence that inflation is beginning to rise after years of weak price gains. The Labor Department said Wednesday that the June...
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Canadian Prime Minister Justin Trudeau, center, arrives for a summit of heads of state and government at NATO headquarters in Brussels on Wednesday, July 11, 2018. NATO leaders gather in Brussels for a two-day summit to discuss Russia, Iraq and their mission in Afghanistan. (AP Photo/Francois Mori)
July 11, 2018 - 7:21 am
BRUSSELS (AP) — Canada on Wednesday offered to lead NATO's new military training mission in Iraq, as the world's biggest security alliance seeks to prove it remains relevant despite deep trans-Atlantic divisions over trade, Iran and climate change. With President Donald Trump lashing out at allies...
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A man looks at an electronic stock board of a securities firm in Tokyo, Wednesday, July 11, 2018. Asian markets are broadly lower after the Trump administration said it was preparing to impose tariffs on another $200 billion of Chinese exports, upping the ante in the trade war between the world's two largest economies. (AP Photo/Koji Sasahara)
July 11, 2018 - 5:48 am
SINGAPORE (AP) — Global stocks tumbled Wednesday after Beijing hit back at U.S. plans for tariffs on $200 billion more Chinese exports, as tensions rose over the trade war between the world's two largest economies. KEEPING SCORE: France's CAC 40 lost 1.1 percent to 5,376.49 and the FTSE 100 index...
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FILE - In this April 26, 2018, file photo, Chinese visitors stand near a glass panel reflecting a Chinese auto brand Lifan X70 SUV on display at the China Auto Show in Beijing. China's auto sales growth decelerated in June, adding to economic worries for Beijing amid a worsening trade battle with Washington. (AP Photo/Andy Wong, File)
July 11, 2018 - 4:37 am
BEIJING (AP) — China's auto sales decelerated in June, adding to economic pressure on Beijing amid a worsening trade battle with Washington, an industry group reported Wednesday. Sales of SUVs, sedans and minivans rose 2.3 percent in the most populous auto market, down from May's 7.9 percent growth...
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