Trade barriers

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Aug. 6, 2019. Asian stocks followed Wall Street lower on Tuesday after China let its currency sink and halted purchases of U.S. farm goods, fueling fears Beijing's trade war with President Donald Trump will harm the global economy. (AP Photo/Lee Jin-man)
August 06, 2019 - 8:45 am
LONDON (AP) — Stock markets turned higher on Tuesday as China stabilized its currency after allowing it to depreciate against the dollar in response to President Donald Trump's decision to put more tariffs on Chinese goods. The more buoyant tone follows a big sell-off Monday, when stocks were...
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Vice President Mike Pence follows President Donald Trump as he walks off after speaking about the mass shootings in El Paso, Texas and Dayton, Ohio, in the Diplomatic Reception Room of the White House, Monday, Aug. 5, 2019, in Washington. (AP Photo/Evan Vucci)
August 06, 2019 - 12:23 am
WASHINGTON (AP) — The Trump administration froze all Venezuelan government assets Monday in a dramatic escalation of tensions with Nicolás Maduro that places his socialist administration alongside a short list of adversaries from Cuba, North Korea, Syria and Iran that have been targeted by such...
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FILE - In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. China's yuan fell below the politically sensitive level of seven to the U.S. dollar on Monday, Aug. 5, 2019, possibly adding to trade tension with Washington. The currency weakened to 7.0177 in early trading following U.S. President Donald Trump's threat last week of tariff hikes on additional Chinese imports in a fight over Beijing's trade surplus and technology policies. (AP Photo/Kin Cheung, File)
August 05, 2019 - 8:00 pm
WASHINGTON (AP) — China decided Monday to meet President Donald Trump's latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S. farm products. The moves, which came four days after Trump threatened more taxes on Chinese imports, knocked stock...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, Aug. 5, 2019. Asian stock markets fell for a third day Monday after China allowed its yuan to sink to its lowest level this year following President Donald Trump's latest tariff threat.(AP Photo/Eugene Hoshiko)
August 05, 2019 - 5:12 am
BEIJING (AP) — Global stock markets fell Monday after China allowed its yuan to sink to an 11-year low, fueling concern Beijing might use its currency as a weapon in a tariff war with President Donald Trump. Market benchmarks in London and Paris fell 2% in early trading while Tokyo closed down 1.6...
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FILE - In this March 6, 2018 file photo, Police officers secure the area as a police tent covers the spot in Salisbury, England, where former Russian spy double agent Sergei Skripal and his daughter, Yulia, were found critically ill following exposure to a nerve agent. President Donald Trump is levying more sanctions on Russia in connection with the alleged 2018 poisoning of former Russian spy Sergei Skripal and his daughter, Yulia, in Salisbury, England. (AP Photo/Frank Augstein)
August 03, 2019 - 1:31 pm
WASHINGTON (AP) — The Trump administration has decided to exempt aviation safety and space exploration technology from new sanctions it has levied against Russia in connection with the poisoning of a former Russian spy and his daughter in Britain. The State Department said late Friday that products...
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Chinese Vice Premier Liu He, center, poses with U.S. Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center in Shanghai Wednesday, July 31, 2019. (AP Photo/Ng Han Guan, Pool)
August 02, 2019 - 3:40 pm
WASHINGTON (AP) — The latest batch of tariffs that President Donald Trump plans to impose on Chinese goods would likely cost U.S. households an average of $200 a year, some economists have estimated. That would come on top of the roughly $831 imposed per household from Trump's existing tariffs,...
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FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Friday, Aug. 2, the Commerce Department reports on the U.S. trade gap for June.(AP Photo/Marcio Jose Sanchez, File)
August 02, 2019 - 11:24 am
WASHINGTON (AP) — The U.S. trade deficit shrunk slightly in June, as did the politically sensitive trade deficit with China, the principal target of President Donald Trump's tariffs. The gap between the goods and services the U.S. buys and what it sells abroad fell 0.3% to $55.2 billion in June...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Friday, Aug. 2, 2019. Asian stock markets plunged Friday after President Donald Trump's surprise threat of tariff hikes on additional Chinese imports. (AP Photo/Mark Schiefelbein)
August 02, 2019 - 7:43 am
LONDON (AP) — Global stock markets remained under pressure Friday, particularly in Europe, after President Donald Trump's shocked investors with another tariff announcement on Chinese imports. Monthly U.S. jobs figures could provide a distraction for investors later. Trump's announcement of 10%...
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FILE - In this July 20, 2018, file photo, a deliveryman for American-based pizza chain Domino's prepares to make a delivery near a mural displaying Chinese yuan and other world currency symbols on the outside of a bank in Beijing. China's yuan fell Friday, Aug. 2, 2019, to its lowest level of the year against the dollar following U.S. President Donald Trump's threat of new tariffs on Chinese goods, coming close to breaking the politically sensitive level of seven to the U.S. currency. (AP Photo/Mark Schiefelbein, File)
August 02, 2019 - 3:40 am
BEIJING (AP) — China's yuan fell Friday to its lowest level this year against the dollar following President Donald Trump's threat of new tariffs on Chinese goods, coming close to breaking the politically sensitive level of seven to the U.S. currency. The yuan tumbled to 6.9520 to the dollar, its...
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U.S. Secretary of State Mike Pompeo delivers a speech at Siam Society in Bangkok, Thailand Friday, Aug. 2, 2019 on the sidelines of the Association of Southeast Asian Nations (ASEAN) ministerial meetings. (Jonathan Ernst/Pool Photo via AP)
August 01, 2019 - 11:16 pm
BANGKOK (AP) — U.S. Secretary of State Mike Pompeo on Friday hit out at China for predatory trade practices and human rights abuses that harm economic development. "For decades, China has taken advantage of trade," Pompeo said. "It's time for that to stop." A day after President Donald Trump...
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