Latest China government News

The Latest: White House says Trump regret misinterpreted

Aug. 25, 2019 8:13 AM EDT

BIARRITZ, France (AP) — The Latest on President Donald Trump at the Group of Seven summit. (all times local): 1:20 p.m. The White House says President Donald Trump's only regret in escalating the trade war with China was in not being more aggressive. Press secretary Stephanie Grisham says Trump was...

Best the G-7 can do for global economy: not make it worse

Aug. 25, 2019 8:09 AM EDT

BIARRITZ, France (AP) — The global economy craves a double shot of confidence right now. The most the leaders of the Group of Seven can offer is likely to be a less intoxicating cocktail: the simple promise not to make things any worse. Sharp differences over U.S. President Donald Trump's trade conflict...

White House says Trump regrets not raising tariffs higher

Aug. 25, 2019 7:51 AM EDT

BIARRITZ, France (AP) — President Donald Trump's only regret in hiking tariffs on China is that he didn't raise them higher, his press secretary said Sunday after the president had earlier signaled some remorse for an escalating trade war with China. Trump faced a tense reception from world leaders meeting...

Powerful, obscure law is basis for Trump 'order' on trade

Aug. 25, 2019 5:23 AM EDT

BIARRITZ, France (AP) — President Donald Trump is threatening to use the emergency authority granted by a powerful but obscure federal law to make good on his tweeted "order" to U.S. businesses to cut ties in China amid a spiraling trade war between the two nations. China's announcement Friday that it was...

The Latest: 68 arrests reported at protest near G-7 summit

Aug. 25, 2019 1:06 AM EDT

BIARRITZ, France (AP) — The Latest on the Group of Seven summit (all times local): 11:05 p.m. French authorities have detained 68 people taking part in a tense protest near the G-7 summit. The regional administration says those detained are accused of throwing projectiles, concealing their faces or...

Economic storm clouds hovering over Trump and global leaders

Aug. 24, 2019 3:14 PM EDT

BIARRITZ, France (AP) — Under the threatening clouds of a global economic slowdown, President Donald Trump is confronting the consequences of his preference to go it alone, with low expectations that the leaders of the richest democracies can make substantive progress on an array of issues at their summit...

The Latest: Trump dining with G-7 leaders in France

Aug. 24, 2019 2:19 PM EDT

BIARRITZ, France (AP) — The Latest on President Donald Trump (all times local): 8:05 p.m. President Donald Trump is dining with world leaders attending the annual Group of Seven summit in France. The opening event of the meeting of the world's richest democracies is being held at the Biarritz lighthouse...

Trump raises tariffs on Chinese goods as trade war escalates

Aug. 24, 2019 12:46 PM EDT

WASHINGTON (AP) — Escalating his trade fight with China, President Donald Trump has raised retaliatory tariffs and ordered American companies to consider alternatives to doing business there. He also blamed his appointed head of the U.S. central bank, Federal Reserve Chairman Jerome Powell, for the state...

The Latest: Trump defends ordering companies to leave China

Aug. 24, 2019 12:34 AM EDT

WASHINGTON (AP) — The Latest on the escalating trade war between the U.S. and China, the world's two largest economies (all times local): 12:35 a.m. President Donald Trump is pushing back against those questioning whether he has the authority to order American companies to cut trade ties with China. Trump...

Is Trump's economic team up for a trade war?

Aug. 24, 2019 12:03 AM EDT

WASHINGTON (AP) — Facing a trade war against China that has shaken the global economy, President Donald Trump gathered his most trusted economic aides in the Oval Office. The assembled brain trust for Friday's urgent consultations included an economics chief best known for his stint as a cable TV...