International trade

FILE - In this Thursday, Nov. 2, 2017, photo, a recruiter in the shale gas industry, left, speaks with an attendee of a job fair in Cheswick, Pa. Employers in the United States are thought to have kept up their brisk pace of hiring in June 2018, reflecting the durability of the second-longest U.S. economic expansion on record even in the face of a trade war with China. Economists have estimated that 195,000 jobs were added last month and that the unemployment rate remained at an 18-year low of 3.8 percent, according to data provider FactSet. (AP Photo/Keith Srakocic, File)
July 06, 2018 - 10:54 am
WASHINGTON (AP) — U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs, a sign of confidence in the economy despite the start of a potentially punishing trade war with China. The job growth wasn't enough to keep the unemployment rate from rising from 3.8 percent to 4 percent,...
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FILE- In this Feb. 9, 2017, file photo traders work the floor at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 6, 2018. (AP Photo/Mark Lennihan, File)
July 06, 2018 - 10:27 am
The major U.S. stock indexes were mostly higher in early trading Friday following a solid jobs report, keeping the market on track for a weekly gain after two weeks of losses. The modest gains came despite an escalation in global trade tensions as the U.S. imposed tariffs on billions in Chinese...
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In this June, 19, 2018 photo, a jockey truck driver waits for his load of a shipping container to clear his trailer as a shore crane lifts the 40-foot onto the container vessel Ever Linking at the Port of Savannah in Savannah, Ga. The U.S. has threatened to impose 25 percent duties on $34 billion in Chinese products starting Friday, July 6, and China has said it will fire back with corresponding tariffs. (AP Photo/Stephen B. Morton)
July 06, 2018 - 8:10 am
WASHINGTON (AP) — The Latest on the trade dispute between the United States and China as they impose new tariffs. 8:00 a.m. (8:00 p.m. Beijing time) The European Union says it will soon take action to prevent steel produced for the U.S. market from flooding into Europe due to tariffs introduced by...
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Chinese women look at phone near a rocket shaped bench with an American flag used as a marketing gimmick for a U.S. apparel shop in Beijing, China, 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. (AP Photo/Ng Han Guan)
July 06, 2018 - 8:00 am
BEIJING (AP) — The United States and China hiked tariffs Friday on billions of dollars of each other's goods, launching what Beijing called the "biggest trade war in economic history" in a spiraling dispute over technology. The Trump administration is confronting Beijing over development tactics it...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Friday, July 6, 2018. President Donald Trump made clear Thursday that U.S. tariffs against Chinese imports will take effect early Friday and that he's prepared to sharply escalate a trade war between the world's two biggest economies. (AP Photo/Mark Schiefelbein)
July 06, 2018 - 7:23 am
SEOUL, South Korea (AP) — Global markets were mixed Friday as the U.S. and China slapped each other with tariffs, with investors monitoring the rhetoric for signs of a further escalation in the trade dispute. European stock markets edged down after modest gains in Asia. Britain's FTSE 100 fell 0.2...
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Britain's Prime Minister Theresa May leaves 10 Downing Street in London, bound for the House of Commons to face Prime Minister's Questions, Wednesday July 4, 2018. (Dominic Lipinski/PA via AP)
July 06, 2018 - 6:14 am
LONDON (AP) — British Prime Minister Theresa May faced resistance and potential rebellion from hard-core Brexit backers in her Conservative government Friday as she gathered her fractious Cabinet to hammer out a plan for future trade with the European Union. Almost 30 Cabinet ministers were being...
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FILE - In this Dec. 27, 2017, file photo, a logo for the New York Stock Exchange is displayed above the trading floor. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, July 5, 2018. (AP Photo/Mark Lennihan, File)
July 05, 2018 - 11:46 pm
SEOUL, South Korea (AP) — Asian stocks were mostly lower Friday as investors braced for the implementation of U.S. tariffs on Chinese imports at midnight Washington time, and likely similar measures by Beijing on U.S. exports. Upbeat economic data and overnight gains on U.S. stock markets helped...
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FILE- In this June 14, 2018, file photo, Federal Reserve Board Chairman Jerome Powell chairs an open meeting in Washington. On Thursday, July 5, the Federal Reserve releases minutes from its June meeting when raised its benchmark interest rate for the second time this year. (AP Photo/Cliff Owen, File)
July 05, 2018 - 4:42 pm
WASHINGTON (AP) — Federal Reserve officials last month said they expect to keep raising interest rates and suggested that by next year, they could be high enough that they could start slowing growth, according to minutes of their discussion released Thursday. While highlighting a strong economy,...
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In this Wednesday, July 4, 2018, photo, a woman looks at an electronic stock board of a securities firm in Tokyo. Asian markets are mixed as the U.S. prepares to impose billions of dollars of tariffs on China, raising tensions between the world's two largest economies. (AP Photo/Koji Sasahara)
July 05, 2018 - 9:11 am
BEIJING (AP) — The Latest on the trade dispute between China and the U.S. that may result in the two sides each imposing higher duties on billions of dollars' worth of each other's exports. (all times local): 9:10 p.m. German Chancellor Angela Merkel would be willing to back cuts on tariffs on U.S...
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Investors chat near an electronic board which was turned off after China's stock markets were closed at a brokerage house in Beijing, Thursday, July 5, 2018. In its official discourse, China says it's girded for a trade war with the U.S. and can give as good as it gets. Elsewhere, the message is less sanguine. A decline in the stock market and expressions of concern among some academics point to an underlying anxiety over the trade friction that contradicts Beijing's confident posture. Beijing has said if the U.S. follows through on its threat to impose 25 percent duties Friday on $34 billion in Chinese products, it will respond in kind. (AP Photo/Andy Wong)
July 05, 2018 - 7:47 am
BEIJING (AP) — China says it's girded for a trade war with the U.S. and can give as good as it gets, but behind the official bravado lies a deep unease over trade friction with Washington. "There are those who believe the U.S. must lose and China must win," Li Xiao, a leading economics professor,...
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