China welcomes preliminary deal in trade war it blames on US

BEIJING (AP) — China put a positive face Saturday on a first-step trade agreement that dials down a trade war it blames the U.S. for starting. Chinese experts and news media joined government officials in saying the deal would reduce uncertainty for companies, at least in the short term. They remained...

How US-China trade deal achieved a little but left out a lot

WASHINGTON (AP) — The limited trade deal that the Trump administration and Beijing announced Friday means Americans will avoid a holiday tax increase on imported toys, clothing and smartphones. U.S. farmers can sell more soybeans and pork to China. And American companies should face less pressure to hand...

Markets have muted reaction to long-awaited China trade deal

Wall Street closed out a listless day Friday with tiny gains and more record highs for the S&P 500 and Nasdaq. The U.S. and China revealed they have reached an initial deal in their long-running trade war. The “Phase 1” agreement means that the U.S. won't impose new tariffs on Chinese goods that...

Johnson claims Brexit mandate with new conservative majority

LONDON (AP) — Prime Minister Boris Johnson pledged Friday to heal Britain's divisions over Brexit after his gamble on early elections rewarded him with a commanding majority in Parliament and a new mandate to take his country out of the European Union at the end of January. Johnson's promise to “get...

Climate talks head into overtime with key issues unresolved

MADRID (AP) — Officials from almost 200 countries hunkered down for another night of talks late Friday as a U.N. climate meeting in Madrid went into overtime without agreement on key issues. Chile, which is chairing the talks, said negotiators would continue working on two fronts trying to get deals on aid...

The Latest: Macron: UK and EU will remain tied after Brexit

LONDON (AP) — The Latest on Britain's Brexit election (all times local): 5 p.m. French President Emmanuel Macron says Britain and Europe will remain inextricably tied even after Brexit, which is now set to take place on Jan. 31 after Boris Johnson's Conservative Party won a convincing majority in...

UK vote eases corrosive uncertainty hurting businesses

LONDON (AP) — British businesses that have been hobbled for three years by fear and confusion over Brexit are getting a break. The U.K. election result means Britain's departure from the European Union will almost certainly happen — after multiple delays — on Jan. 31, as scheduled. It remains...

Having approved trade accord, Mexico expects US to do same

MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador said Friday he expects the U.S. Congress to approve the new regional trade agreement with his country and Canada by Dec. 20. “It appears there is agreement between Republicans and Democrats,” López Obrador said....

Trump says first phase of trade deal reached with China; US will not impose new tariffs on China on Sunday

China deputy trade envoy says China, U.S. have reached trade deal, will reduce punitive tariffs on each other’s goods