Latest Trade barriers News

3 things to watch for from the Federal Reserve on Wednesday

Sep. 17, 2019 1:01 PM EDT

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

Sep. 17, 2019 2:11 AM EDT

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

Sep. 17, 2019 12:51 AM EDT

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

Sep. 16, 2019 3:59 PM EDT

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

Sep. 16, 2019 7:24 AM EDT

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

Sep. 16, 2019 12:28 AM EDT

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...

Asian markets mixed as oil prices surge

Sep. 16, 2019 12:17 AM EDT

BEIJING (AP) — Asian stock markets were mixed Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Hong Kong's benchmark tumbled 1.1% while Seoul advanced and Shanghai and Sydney were little-changed. Japanese markets were closed for a holiday. The...

AP FACT CHECK: Trump, Dems and their tale of 2 countries

Sep. 14, 2019 10:42 AM EDT

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 — and, hey, how about those...

China to lift punitive tariffs on US soybeans, pork

Sep. 13, 2019 3:16 PM EDT

BEIJING (AP) — China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, adding to conciliatory gestures by the two sides ahead of negotiations. China will suspend tariff hikes on soybeans, pork and some other farm goods, the Xinhua...

World shares buoyed by fresh optimism over US-China trade

Sep. 13, 2019 5:55 AM EDT

BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany's DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91. But Britain's FTSE 100 gave up 0.2% to 7,327.05...