Latest Trade barriers News

Q&A: Does a manufacturing slump threaten the US economy?

Dec. 7, 2019 10:52 AM EST

WASHINGTON (AP) — Defying fears and predictions, the U.S. economy is still shrugging off President Donald Trump’s trade conflicts. Employers added a sizzling 266,000 jobs in November, and unemployment matched a 50-year low of 3.5% — all while the Trump administration is waging a bruising...

US firms keep hiring, easing worries of weakening economy

Dec. 6, 2019 5:45 PM EST

WASHINGTON (AP) — American businesses have complained for years that they can’t find the workers they need to fill available jobs. November’s robust hiring gain suggests that at least some have found a way to do so. With the unemployment rate now at a half-century low of 3.5%, many economists...

Stocks advance as investors eyes jobs report, trade talks

Dec. 6, 2019 8:05 AM EST

BANGKOK (AP) — Global shares rose Friday as investors awaited what's expected to be a healthy U.S. jobs report, while monitoring the China-U.S. trade talks as more tariffs are due to go into effect this month. One sign that talks between the world's two biggest economies could be thawing came Friday when...

US jobs data to give clues to economy amid trade uncertainty

Dec. 6, 2019 7:57 AM EST

WASHINGTON (AP) — Friday’s November jobs report will provide insight into whether steady hiring remains a source of strength for the U.S. economy even as the Trump administration’s trade conflicts have heightened uncertainties for employers. Economists have forecast that the government will...

China waiving tariff hikes on US soybeans, pork

Dec. 6, 2019 5:18 AM EST

China is waiving punitive tariffs on U.S. soybeans and pork while the two sides negotiate a trade deal, the Ministry of Finance said Friday. Beijing promised in September to lift the tariffs, adding to conciliatory steps that raised hopes for a settlement. The government announced then that Chinese importers were...

Asian shares advance after meager gains on Wall Street

Dec. 5, 2019 11:22 PM EST

BANGKOK (AP) — Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Hong Kong’s Hang Seng rose 0.7% to 26,401.47, while the Nikkei 225 in Japan picked up...

US likely to hit China over human rights despite trade talks

Dec. 5, 2019 4:41 PM EST

WASHINGTON (AP) — Congress is poised to hand President Donald Trump a second chance in less than a month to anger the Chinese government and attack its record on human rights as he tries to deliver a long-sought trade deal with Beijing. Members of the Senate said Thursday that they expect to quickly and...

China says US must cut tariffs in trade deal

Dec. 5, 2019 4:42 AM EST

BEIJING (AP) — Washington must roll back punitive tariffs on Chinese imports if the two sides reach a trade deal, China said Thursday, indicating Beijing is sticking to its position ahead of another possible Dec. 15 duty increase. The two sides are negotiating details of a “Phase 1” agreement...

Asian shares rise on optimism about US-China trade deal

Dec. 4, 2019 9:51 PM EST

TOKYO (AP) — Asian shares were rising Thursday amid renewed hopes a U.S. trade deal with China may be nearing, despite tough recent talk from President Donald Trump. Japan’s benchmark Nikkei 225 gained 0.7% to 23,300.03 in early trading, while Australia’s S&P/ASX 200 added nearly 1.0% to...

China and US clash over Xinjiang, Hong Kong bills

Dec. 4, 2019 5:28 AM EST

BEIJING (AP) — Already strained relations between China and the United States were further muddied after U.S. Congress overwhelmingly approved a bill targeting Beijing’s mass crackdown on ethnic Muslim minorities Wednesday, less than one week after President Donald Trump signed separate human rights...