International trade

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 10, 2018 - 1:16 am
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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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 10, 2018 - 12:59 am
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 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 - 4:29 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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FILE - In this file photo dated Tuesday, May 22, 2018, British Foreign Secretary Boris Johnson gives a press conference in Buenos Aires, Argentina. Johnson resigned Monday July 9, 2018, amid Cabinet splits over Brexit.(AP Photo/Natacha Pisarenko, FILE)
July 09, 2018 - 11:00 am
LONDON (AP) — The Latest on Brexit (all times local): 3:45 p.m. Prime Minister Theresa May has defended her post-Brexit trade plan that sparked Cabinet resignations, saying it is the only way to avoid a hard border with Ireland. May told the House of Commons on Monday that her program — which would...
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FILE - In this Wednesday, March 21, 2018 file photo the logo of German car manufacturer BMW is pictured in Munich, Germany. Automaker BMW said Monday July 9, 2018, it will have to raise prices on the U.S.-built SUVs it sells in China due to 40 percent import tax on cars from the United States, in retaliation for higher tariffs on Chinese goods imposed by President Donald Trump.((AP Photo/Matthias Schrader, file)
July 09, 2018 - 9:31 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 - 8:35 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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In this June 14, 2018, photo, Democratic U.S. Senate candidate and former Gov. Phil Bredesen, left, talks with David Womack, a farmer and former American Soybean Development Foundation president, during a visit to Farrar Farm in Flat Creek, Tenn. Trade and tariff concerns are roiling high-profile Senate contests across Tennessee, Missouri, Indiana, Pennsylvania and even North Dakota _ states where Republican candidates are being forced to answer for the trade policies of a Republican president they have rallied behind on virtually every other major issue. Bredesen faces Rep. Marsha Blackburn, R-Tenn., in the November election for the seat of retiring Republican Sen. Bob Corker. (AP Photo/Jonathan Mattise)
July 09, 2018 - 12:01 am
NASHVILLE, Tenn. (AP) — Jimmy Tosh's sprawling hog farm in rural Tennessee is an unlikely battleground in the fight for control of the U.S. Senate. Yet his 15,000 acres (6,000 hectares) two hours west of Nashville showcase the practical risks of President Donald Trump's trade policies and the...
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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 - 8:56 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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Li Keqiang, Premier of the State Council of the People's Republic of China speaks during press conference at the National Palace of Culture in Sofia for the 7th Summit of Heads of Government of CEEC and China, on Saturday July 7, 2018. (AP Photo/Valentina Petrova)
July 07, 2018 - 9:24 am
SOFIA, Bulgaria (AP) — Free trade and international cooperation must be upheld to avoid slowing down the global economy, the Chinese premier told peers from central and eastern Europe Saturday. Premier Li Keqiang also praised the European Union, calling the 28-member bloc an "indispensable force"...
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A ship hauls containers at a container port in Qingdao in eastern China's Shandong province Friday, July 6, 2018. The United States hiked tariffs on Chinese imports Friday and Beijing said it immediately retaliated in a dispute between the world's two biggest economies that President Donald Trump says he is prepared to escalate. (Chinatopix via AP)
July 07, 2018 - 6:10 am
WASHINGTON (AP) — The trade war that erupted 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. The opening shots were fired just after midnight, when the Trump administration...
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