Latest International trade News

Pakistan's new PM proposes dialogue with India

Aug. 21, 2018 12:07 PM EDT

ISLAMABAD (AP) — Pakistan's newly-elected prime minister on Tuesday offered to start a dialogue with India to resolve long-running disputes between the two nuclear-armed rivals, including over the Kashmir region. Imran Khan, a former cricket star who was sworn in last week, tweeted that the two countries...

Global shares mostly gain, focus on China-US talks, Fed

Aug. 21, 2018 5:17 AM EDT

TOKYO (AP) — Global shares were mostly higher in subdued trading Tuesday, tracking gains in Asia despite doubts over the prospects for resolving the trade dispute between the U.S. and China. KEEPING SCORE: France's CAC 40 climbed 0.5 percent to 5,406.69 and Germany's DAX added 0.5 percent at 12,388.87....

Asian shares gain despite doubts over US-China trade talks

Aug. 21, 2018 12:28 AM EDT

TOKYO (AP) — Asian shares were mostly higher Tuesday amid doubts about the prospects for resolving the trade dispute between the U.S. and China. KEEPING SCORE: Japan's benchmark Nikkei 225 gained 0.3 percent in morning trading to 22,273.82 and South Korea's Kospi added 0.9 percent to 2,268.16. Hong Kong's...

Markets Right Now: Retailers lead gains for US stock indexes

Aug. 20, 2018 4:10 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing broadly higher on Wall Street as retailers and other consumer-focused companies post solid gains. Macy's led the way higher among retailers Monday with a 6.1 percent gain. Kohl's rose 3.2 percent...

2 detained after shots are fired at US Embassy in Turkey

Aug. 20, 2018 2:59 PM EDT

ISTANBUL (AP) — Shots were fired from a moving car at the U.S. Embassy in Turkey before dawn Monday, an attack that came during heightened tensions between the two NATO allies. Officials said two people with criminal records were detained. There were no casualties in the fleeting attack, in which three of...

Fourth quarter looking good for small, independent retailers

Aug. 20, 2018 11:38 AM EDT

NEW YORK (AP) — The latest retail sales report from the government augurs well for small and independent retailers for the fourth quarter, with one possible snag: the impact of trade tariffs. Overall retail sales rose 6.4 percent in July from a year ago, and sales from non-store retailers, which include...

Stocks mostly rise on hope for progress on China trade talks

Aug. 20, 2018 8:42 AM EDT

TOKYO (AP) — Global stocks mostly rose Monday amid signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November. KEEPING SCORE: France's CAC 40 edged up nearly 0.6 percent to 5,378 while Germany's DAX added...

US firms to Trump: Don't raise tariffs on more Chinese goods

Aug. 20, 2018 3:54 AM EDT

WASHINGTON (AP) — Fishermen off the Alaskan coast. A Florida maker of boat trailers. A building materials distributor in Tennessee. Those and hundreds of other American businesses are delivering the same plea to President Donald Trump as he considers imposing tariffs on nearly 40 percent of imported...

US firms to Trump: Don't raise tariffs on more Chinese goods

Aug. 20, 2018 3:01 AM EDT

WASHINGTON (AP) — Fishermen off the Alaskan coast. A Florida maker of boat trailers. A building materials distributor in Tennessee. Those and hundreds of other American businesses are delivering the same plea to President Donald Trump as he considers imposing tariffs on nearly 40 percent of imported...

Survey of economists: Some Trump policies could slow growth

Aug. 20, 2018 12:23 AM EDT

WASHINGTON (AP) — U.S. business economists are concerned about the risks of some of President Donald Trump's economic policies, saying they fear his tariffs and higher budget deficits could eventually slow the economy. More than 90 percent of economists surveyed by the National Association for Business...