Global trade

U.S. Treasury Secretary Steven Mnuchin, left bottom, and China's Finance Minister Liu Kun, right top, pose with other participants for a family photo of the G20 finance ministers and central bank governors meeting Sunday, June 9, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko)
June 09, 2019 - 8:07 am
FUKUOKA, Japan (AP) — Finance ministers and central bank chiefs from the Group of 20 major economies wrapped up a meeting in Japan on Sunday with a pledge to use all the policies they can to protect global growth from disruptions due to trade and other tensions. The G-20 finance leaders said in a...
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Russian President Vladimir Putin addresses the St. Petersburg International Economic Forum in St. Petersburg, Russia, Friday, June 7, 2019. (AP Photo/Dmitri Lovetsky)
June 07, 2019 - 9:22 am
ST. PETERSBURG, Russia (AP) — Russian President Vladimir Putin has criticized the United States for using pressure and sanctions to maintain its economic supremacy. Speaking Friday at an investment forum in St. Petersburg, Putin said the U.S. attempt to "spread its jurisdiction to the entire world...
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The bull and bear in front of the stock market are painted all green in Frankfurt, Germany, Monday, June 3, 2019. They were painted on occasion of the upcoming "Green Sauce" week when Frankfurt celebrates its most popular dish. (AP Photo/Michael Probst)
June 06, 2019 - 11:17 am
VILNIUS, Lithuania (AP) — The European Central Bank has taken action to support the economy in the 19-country eurozone, joining other major central banks like the U.S. Federal Reserve in responding to fears about global growth. The ECB said Thursday it would extend the earliest date for an interest...
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European flags blow in front of the European Central Bank as the sun rises in Frankfurt, Germany, Sunday, May 26, 2019. (AP Photo/Michael Probst)
June 06, 2019 - 7:51 am
VILNIUS, Lithuania (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local): 2:50 p.m. The European Central Bank has taken action to support the economy in the 19 countries that use the euro, responding to fears about global trade conflicts. The ECB said Thursday...
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European flags blow in front of the European Central Bank as the sun rises in Frankfurt, Germany, Sunday, May 26, 2019. (AP Photo/Michael Probst)
June 04, 2019 - 5:31 am
FRANKFURT, Germany (AP) — The unemployment rate has fallen fell to its lowest since August 2008 in the 19 countries that use the euro, as domestic demand keeps growth chugging despite ill winds from slowing global trade. The European Union statistics agency said Tuesday that unemployment fell to 7...
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FILE - In this July 18, 2018, file photo, United Airlines commercial jets sit at a gate at Terminal C of Newark Liberty International Airport in Newark, N.J. United Airlines is canceling another month’s worth of flights with Boeing 737 Max planes that were grounded after two deadly accidents. United said Friday, May 24, 2019, it has removed the Max from its schedule through Aug. 3 and will cancel about 2,400 flights in June and July as a result. It had previously canceled all Max flights through early July. (AP Photo/Julio Cortez, File)
June 02, 2019 - 9:51 am
BERLIN (AP) — The International Air Transport Association is lowering its 2019 profit forecast for the airline industry amid rising fuel prices and weakening world trade. The Montreal-based IATA said airlines are expected to earn $28 billion this year, down from the $35.5 billion it had predicted...
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FILE - In this May 28, 2019, file photo specialist Peter Mazza, left, and trader Stephen Gilmartin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 31. (AP Photo/Richard Drew, File)
May 31, 2019 - 3:18 pm
Stocks tumbled on Wall Street Friday after the U.S. announced plans to expand its trade war to Mexico, its third-biggest trading partner. The slump all but guarantees the market will end May with its first monthly loss of 2019. The S&P 500 index was on track for its fourth straight weekly...
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FILE - In this April 10, 2019, file photo, a Boeing 737 Max 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. From airplanes made by Boeing to apples, cherries and wheat grown by farmers, no other state is more dependent on international trade than Washington. As the tariff disputes escalate, small factories are closing and manufacturing behemoths like Boeing are increasingly worried about access to crucial Asian markets that have helped propel the state's booming economy. (AP Photo/Ted S. Warren, File)
May 29, 2019 - 9:55 am
GENEVA (AP) — The global airline trade group says it expects the Boeing 737 Max jet will remain grounded at least through mid-August after two deadly crashes. The spokesman for the International Air Transport Association, Anthony Concil, said Wednesday the group estimates the planes will not fly...
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Treasury Secretary Steve Mnuchin testifies about the budget during a Financial Services and General Government subcommittee hearing, Wednesday May 15, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
May 15, 2019 - 3:33 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Wednesday that the U.S. is making progress on lifting tariffs imposed on steel and aluminum from Canada and Mexico, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries. Addressing another...
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Media gather outside the office of the U.S. Trade Representative near the White House in Washington, Thursday, May 9, 2019, where trade talks with China are set to resume. U.S. and Chinese negotiators are poised to resume talks just hours before the United States is set to raise tariffs on Chinese imports in a dramatic escalation of tensions between the world's two biggest economies. (AP Photo/Susan Walsh)
May 09, 2019 - 9:13 pm
WASHINGTON (AP) — In trying to hammer out a trade agreement with China, the Trump administration may be drawing inspiration from classic rock, specifically The Who's anthem "Won't Get Fooled Again." Fed up with China for breaking past promises, the administration is insisting on provisions designed...
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