Trade barriers

February 12, 2020 - 6:57 am
BRUSSELS (AP) — The European Union is threatening to punish Cambodia with sanctions for what it sees as human rights and trade union violations. The EU Commission said it wants to withdraw key tariff preferences that amount to about one-fifth of the billion euros ($1.1 billion) the Asian nation...
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European Commission President Ursula von der Leyen, left, talks to to European Union chief Brexit negotiator Michel Barnier during a debate on a proposed mandate for negotiations for a new partnership with the United Kingdom of Great Britain and Northern Ireland, at the European Parliament in Strasbourg, eastern France, Tuesday, Feb.11, 2020. (AP Photo/Jean-Francois Badias)
February 11, 2020 - 6:40 am
BRUSSELS (AP) — The European Union will only offer Britain unique access to its vast single market if the U.K. agrees to stick to the bloc's standards, European Commission President Ursula von der Leyen said Tuesday, dismissing British Prime Minister Boris Johnson's idea of brokering a loose trade...
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FILE - In this Thursday, Jan. 12, 2017 file photo, workers walk in the Nihran Bin Omar field north near Basra, Iraq. The U.S. has signaled to Iraq it's willingness to extend sanctions waivers enabling the country to continue importing vital Iranian gas and electricity imports, three Iraqi officials said this week. The decision comes amid strained U.S.-Iraqi ties following last month's Washington-directed airstrike that killed a high-profile Iranian general on Iraqi soil. (AP Photo/Nabil al-Jurani, File)
February 10, 2020 - 2:35 am
BAGHDAD (AP) — The United States has signaled to Iraq its willingness to extend sanctions waivers enabling the country to continue importing vital Iranian gas and electricity imports, three Iraqi officials said this week, a move that would be a key test of Baghdad-Washington ties. The decision...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo, Friday, Feb. 7, 2020. Asian stock markets have retreated following a surge driven by a Chinese tariff cut on U.S. imports. (AP Photo/Eugene Hoshiko)
February 07, 2020 - 7:54 am
Global stock markets retreated Friday ahead of the monthly U.S. jobs report and after France and Germany reported weak factory data. Investors also continued to monitor the impact on businesses of the virus outbreak in China. Germany's DAX lost 0.6% to 13,490 while the CAC 40 in Paris was down 0.4...
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February 06, 2020 - 1:55 am
BEIJING (AP) — China cut tariffs on $75 billion of U.S. imports including auto parts on Thursday in response to American reductions as part of their truce in a trade war. The cuts come as China struggles with the mounting cost of measures imposed to contain a virus outbreak that has closed...
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British Prime Minister Boris Johnson outlines his government's negotiating stance with the European Union after Brexit, during a key speech at the Old Naval College in Greenwich, London, Monday, Feb. 3, 2020. (AP Photo/Frank Augstein, Pool)
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February 03, 2020 - 12:41 pm
LONDON (AP) — Britain and the European Union set out clashing opening gambits Monday on striking a post-Brexit trade deal, making it clear that each side is willing to walk away without an agreement rather than compromise on key issues. U.K. Prime Minister Boris Johnson sent a bravado-filled salvo...
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Mark Carney, Governor of the Bank of England attends the Bank of England's Monetary Policy Report news conference in the City of London, Thursday Jan. 30, 2020. The Bank of England on Thursday opted against cutting interest rates after a run of fairly firm economic data in the past week eased fears about a dramatic slowdown in the British economy. (Jonathan Brady/Pool via AP)
January 30, 2020 - 12:45 pm
LONDON (AP) — The Bank of England on Thursday opted against cutting interest rates amid signs of improvement in the British economy in the run-up to Britain's imminent departure from the European Union. The bank said in a statement that its Monetary Policy Committee voted 7-2 to keep the key U.K...
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French Finance Minister Bruno Le Maire, left, and European Trade Commissioner Phil Hogan attend a media conference after their meeting in Paris, Tuesday, Jan. 7, 2020. The talks are focused on U.S. tariffs on French wine and other goods. (AP Photo/Michel Euler)
January 22, 2020 - 1:05 pm
DAVOS, Switzerland (AP) — France will delay its tax on big tech firms like Google and Facebook in exchange for the United States's promise to hold off retaliatory tariffs — a potential sign of goodwill in the U.S. and European Union's increasingly tense relations over trade. After U.S. President...
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A police security guard patrols on the roof of a hotel ahead of the World Economic Forum in Davos, Switzerland, Monday, Jan. 20, 2020. The 50th annual meeting of the forum will take place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Markus Schreiber)
January 21, 2020 - 1:29 pm
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 7:30 p.m. Swiss police say two Russians who were reportedly checked as suspected spies in the town of Davos months ago were released without any charges. Switzerland’s Tages Anzeiger newspaper...
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President Donald Trump returns to the White House in Washington, Sunday, Jan. 19, 2020, from a campaign trip to Austin, Texas. (AP Photo/Manuel Balce Ceneta)
January 20, 2020 - 5:30 pm
WASHINGTON (AP) — When President Donald Trump’s historic impeachment trial is called to order in the Senate this week, he won’t be watching from inside the chamber or on television from the White House. He'll be thousands of miles away at the Davos economic forum in the Swiss Alps, trying to charm...
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