Trade barriers

January 16, 2020 - 9:09 pm
BEIJING (AP) — China’s economic growth sank to a new multi-decade low of 6.1% in 2019 as consumer demand weakened and Beijing fought a trade war with Washington. Government data Friday showed growth was down from 2018’s 6.6%, already the lowest since 1990. Economic growth in the three months ending...
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Investors monitor stock prices at a brokerage in Beijing Thursday, Jan. 16, 2020. Share prices are mixed in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. (AP Photo/Ng Han Guan)
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January 16, 2020 - 7:03 am
BEIJING (AP) — China’s government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other’s “core concerns.” The “Phase 1” agreement shows Beijing and Washington “can find appropriate and effective solutions to relevant issues through dialogue,”...
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A woman walks a depiction of a Rat with the words "Bring in wealth and treasures" ahead of the Chinese Lunar New Year Year of the Rat celebrations in Beijing on Thursday, Jan. 16, 2020. China's government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other's "core concerns." (AP Photo/Ng Han Guan)
January 16, 2020 - 6:54 am
BANGKOK (AP) — The trade agreement signed by President Donald Trump and Beijing's lead trade envoy comes amid seismic shifts in supply chains and investment hastened by the tariff war that began in 2018. For Thailand, that's meant some fallout from reduced demand for certain products but increased...
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President Donald Trump shakes hands with Chinese Vice Premier Liu He, after signing a trade agreement in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
January 15, 2020 - 5:21 pm
The United States and China signed an initial trade pact Wednesday, easing tensions between the world's two largest economies. A look at highlights of the 86-page deal. U.S. EXPORTS: China agreed to increase purchases of U.S. services and manufactured, energy and farm products by $200 billion this...
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A currency trader talks on the phone at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Jan. 15, 2020. Asian shares have retreated as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. (AP Photo/Lee Jin-man)
January 15, 2020 - 4:40 am
BANGKOK (AP) — World shares were mostly lower on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Britain's FTSE 100 edged 0.1% higher to 7,628.81, while the CAC 40 in Paris was flat at 6,039.14. In Germany, the DAX lost 0...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Jan. 15, 2020. Asian shares have retreated as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. (AP Photo/Lee Jin-man)
January 15, 2020 - 2:58 am
BANGKOK (AP) — Shares retreated in Asia on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Japan's Nikkei 225 index lost 0.5% to 23,916.58 while the Hang Seng in Hong Kong dropped 0.6% to 28,722.86. The Shanghai Composite...
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FILE - In this Tuesday, May 14, 2019, file photo, containers are piled up at a port in Qingdao in east China's Shandong province. China’s exports rose 0.5% in 2019 despite a tariff war with Washington after growth rebounded in December on stronger demand from other markets. Exports to the United States fell 12.5% compared with 2018 after a 14.5% contraction in December, customs data showed Tuesday, Jan. 14, 2020. (Chinatopix via AP, File)
January 14, 2020 - 6:22 am
BEIJING (AP) — China on Tuesday welcomed a U.S. decision ahead of the signing of a trade deal with Beijing to drop it from a list of governments accused of manipulating the value of their currencies to gain an unfair advantage in trade. Just two days ahead of the planned signing of the interim...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Monday, Jan. 13, 2020. Asian stocks have risen as investors shrug off weaker-than-expected American jobs data and look ahead to the signing of a U.S.-China trade deal. Benchmarks in Shanghai, Hong Kong and Southeast Asia all advanced. (AP Photo/Lee Jin-man)
January 13, 2020 - 7:33 am
BEIJING (AP) — Global stock markets were subdued Monday ahead of the signing of an interim U.S.-Chinese trade pact and as concerns about U.S.-Iranian tensions eased. Indexes in Europe were mixed after Shanghai, Hong Kong and South Korea finished higher. Japanese markets were closed for a holiday...
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FILE - In this April 12, 2018, file photo, visitors walk by U.S. soybean companies' booths at the international soybean exhibition in Shanghai, China. President Donald Trump likes to joke that America's farmers have a nice problem on their hands: They're going to need bigger tractors to keep up with surging Chinese demand for their soybeans and other agricultural goods under a preliminary deal between the world's two largest economies. Yet skeptics are questioning how much China has committed to buy. (AP Photo/Andy Wong, File)
December 26, 2019 - 10:53 am
OMAHA, Neb. (AP) — President Donald Trump likes to joke that America's farmers have a nice problem on their hands: They're going to need bigger tractors to keep up with surging Chinese demand for their soybeans and other agricultural goods under a preliminary deal between the world's two largest...
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In this Tuesday, Dec. 3, 2019, photo, visitors look at the ship models exhibited by the China State Shipbuilding Corporation (CSSC) during the Marintec China exhibition in Shanghai, China. China's government promised Monday, Dec. 23, 2019, to open its oil, telecom and power markets wider to private competitors as the ruling Communist Party tries to shore up growth in the slowing, state-dominated economy. (Chinatopix via AP)
December 23, 2019 - 8:12 am
BEIJING (AP) — China said Monday it will reduce tariffs Jan. 1 on more than 850 foreign products including frozen pork, asthma medications and some high-tech components to spur economic development. The announcement followed an interim trade agreement with Washington in a tariff war that has...
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