International trade

European Commission President Ursula Von der Leyen delivers a speech at the London School of Economics in London, Wednesday, Jan. 8, 2020. The European Commission's president warned Britain on Wednesday that it won’t get the “highest quality access” to the European Union's market after Brexit unless it makes major compromises. (AP Photo/Frank Augstein)
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January 08, 2020 - 1:04 pm
LONDON (AP) — Three weeks before Britain is due to leave the European Union, the president of the European Commission warned Wednesday that the U.K. won’t get the “highest quality access” to the European Union's market after Brexit unless it makes major concessions. In a friendly but frank message...
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FILE - In this Nov. 4, 2019, file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. The Commerce Department said Tuesday, Jan. 7, 2020, that the U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years. (AP Photo/Ted S. Warren, File)
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January 07, 2020 - 9:16 am
WASHINGTON (AP) — The U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years. The Commerce Department said Tuesday that the gap...
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French Finance Minister Bruno Le Maire, left, and European Trade Commissioner Phil Hogan attend a media conference after their meeting in Paris, Tuesday, Jan. 7, 2020. The talks are focused on U.S. tariffs on French wine and other goods. (AP Photo/Michel Euler)
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January 07, 2020 - 5:15 am
PARIS (AP) — France has warned it will retaliate with the full backing of the European Union if the United States imposes tariffs on up to $2.4 billion worth of French products, including Champagne, Roquefort cheese, handbags, and lipstick. The U.S. is considering 100% tariffs on some French goods...
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January 06, 2020 - 6:41 pm
FORT WORTH, Texas (AP) — Pier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online. The home decor company said Monday it is closing up to 450 stores and will also shutter distribution centers. It didn't say where the store closures would occur, but...
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January 05, 2020 - 5:48 pm
WASHINGTON (AP) — U.S. technology companies that build artificial intelligence software for analyzing satellite imagery will face new restrictions on exporting their products to China and elsewhere. The Commerce Department said new export rules take effect Monday that target emerging technology...
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FILE - In this file photo dated 1990, Aramco refinery at Ras Tannura, Saudi Arabia. The price of oil surged Friday Jan. 3, 2020, as global investors were gripped with uncertainty over the potential repercussions and any retaliation, after the United States killed Iran's top general Qassem Soleimani.(AP Photo/FILE)
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January 03, 2020 - 12:47 pm
LONDON (AP) — Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U.S. killed Iran's top general in a drone strike. If sustained, the rise in oil prices could push the cost of gasoline, heating fuel...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Jan. 3, 2020. Asian stocks were mixed Friday and oil prices surged after an Iranian general was killed by U.S. forces in Iraq. (AP Photo/Ahn Young-joon)
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January 03, 2020 - 7:45 am
BEIJING (AP) — Oil prices surged and most major global stock markets declined Friday after an Iranian general was killed by U.S. forces in Iraq. Stock indexes in London, Frankfurt and Paris fell, as did Hong Kong's earlier. Shanghai was little-changed and Japanese markets were closed. News that Gen...
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FILE In this file photo dated Thursday, Dec. 19, 2019, Britain's Prime Minister Boris Johnson leaves Downing Street for the State Opening of Parliament by Queen Elizabeth II, in the House of Lords at the Palace of Westminster in London. Charismatic Prime Minister Johnson’s larger-than-expected margin of victory in the December general election may give him a chance to consolidate power during the coming 2020 year. (AP Photo/Frank Augstein, FILE)
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January 03, 2020 - 4:41 am
LONDON (AP) — After a remarkable political turnaround, Prime Minister Boris Johnson is on the verge of taking Britain out of the European Union with the enthusiastic support of a strong majority in Parliament. After suffering a string of parliamentary defeats over Brexit — plus the ignominy of...
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Jung Ji-won, third from left, chief executive of the Korea Exchange, and Financial Services Commission Chairman Eun Sung-soo, fourth from left, applaud with other participants during the opening of this year's trading in Seoul, South Korea, Thursday, Jan. 2, 2020. The sign read: "Opening ceremony of 2020 trading." (AP Photo/Ahn Young-joon)
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January 02, 2020 - 8:47 am
TOKYO (AP) — Global shares rose Thursday on optimism about a U.S.-China trade deal and the Chinese government's efforts to boost its economy. France's CAC 40 rose 1.4% to 6,058 on the new year's first day of trading, while Germany's DAX was 1% higher at 13,382. Britain's FTSE 100 added 1% as well,...
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Stock traders wear New Year's 2020 party glasses at the New York Stock Exchange, Tuesday, Dec. 31, 2019. Stocks slipped globally in quiet New Year's Eve trading Tuesday with many markets closed. Wall Street could close 2019 with back-to-back daily losses in a year that the U.S. posted the largest market gains since 2013. (AP Photo/Mark Lennihan)
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December 31, 2019 - 6:12 pm
Wall Street closed the books Tuesday on a blockbuster 2019 for stock investors, with the broader market delivering its best returns in six years. The S&P 500 finished with a gain of 28.9% for the year, or a total return of 31.5%, including dividends. The Nasdaq composite rose 35.3%. For both...
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