Latest Trade barriers News
Trump says he doesn't need China trade deal before election
WASHINGTON (AP) — As China and the U.S. near a new round of trade talks, President Donald Trump said Friday he doesn't feel he needs to secure an agreement before next year's election. Trump told reporters he wants a complete deal with China and won't accept one that only addresses some of the differences...
Huawei debuts phone without Google apps as US sanctions bite
MUNICH (AP) — Huawei launched a new flagship smartphone on Thursday but it comes without popular Google apps such as Chrome or YouTube after U.S. sanctions kicked in, limiting its appeal to consumers. The Chinese tech giant's Mate 30 phone series, including one for new 5G networks, runs on an open source...
France floats tariffs on US goods amid Airbus-Boeing dispute
PARIS (AP) — France's finance minister says Europe is ready to impose retaliatory tariffs next year on U.S. goods as part of a long-running dispute over subsidies to plane makers Airbus and Boeing. Finance Minister Bruno Le Maire told reporters Thursday that "trade wars are good for no one," noting damage...
Massachusetts delegation: Tariffs hurting lobster industry
BOSTON (AP) — Members of Massachusetts all-Democratic congressional delegation are pressing federal officials to find new exports markets for the American lobster industry. The group led by U.S. Sens. Elizabeth Warren and Edward Markey says the Trump administration's trade war with China — and...
3 things to watch for from the Federal Reserve on Wednesday
WASHINGTON (AP) — When it previously met in late July, the Federal Reserve cut its benchmark interest rate for the first time since America's financial system stood on the edge of collapse more than a decade ago. On Wednesday, the Fed is widely expected to announce a second rate cut just before Chairman...
Chinese envoy going to US to prepare for trade talks
BEIJING (AP) — A Chinese envoy will head to Washington on Wednesday to prepare for trade negotiations. The announcement Tuesday follows conciliatory gestures by both sides ahead of the October talks on their fight over trade and technology, which threatens to dampen global economic growth. A deputy finance...
World Bank urges China to open tech industries
BEIJING (AP) — The World Bank and a Chinese Cabinet agency have urged Beijing to roll back plans for government-led technology development that are fueling a tariff war with Washington. The appeal Tuesday comes in a report on technology industries as "new drivers" for China's economy that was commissioned...
The Latest: Trump says it's 'looking like' Iran is to blame
WASHINGTON (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 3:35 p.m. President Donald Trump says it's "looking like" Iran was responsible for the attacks on key oil installations in Saudi Arabia, but he says he...
Global stocks slip as oil prices surge
BEIJING (AP) — Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Market benchmarks in Europe dropped after Asian markets mostly closed lower, while Wall Street futures were down slightly. Shanghai's index was unchanged, and...
AP FACT CHECK: Trump myths on economy; Dems' selective facts
WASHINGTON (AP) — The country described by the Democrats running for president is mired in child poverty, riven with economic unfairness and broken in its approach to health care, crime and guns. The country presented by President Donald Trump is roaring and ascendant , shattering all economic records for...
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