Trade policy

July 18, 2018 - 10:55 pm
TOKYO (AP) — Japan has recorded a trade surplus in June, including with the U.S., despite tariffs put in place by President Donald Trump. The Finance Ministry reported Thursday that Japan's exports in June rose 6.7 percent from the same month a year ago, as exports grew in machinery, food, metals...
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Japanese Prime Minister Shinzo Abe, center, European Union's Council President Donald Tusk, left, and European Union's Commission President Jean-Claude Junker pose after signing a contract, Tuesday, July 17, 2018, at the prime minister's office in Tokyo. (Martin Bureau/Pool Photo via AP)
July 17, 2018 - 8:40 pm
TOKYO (AP) — The European Union and Japan signed a landmark deal on Tuesday that will eliminate nearly all tariffs on products they trade. The ambitious pact signed in Tokyo runs counter to President Donald Trump's moves to hike tariffs on imports from many U.S. trading partners. It covers a third...
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Japanese Prime Minister Shinzo Abe, center, European Commission President Jean-Claude Juncker, left, and European Council President Donald Tusk, right, smile after their joint press conference of Japan-EU summit at Abe's official residence in Tokyo Tuesday, July 17, 2018. (AP Photo/Koji Sasahara, Pool)
July 17, 2018 - 5:33 pm
BRUSSELS (AP) — After a week of the worst barrage of insults yet from U.S. President Donald Trump, the European Union is looking westward toward the White House less and less. Making it worse, Trump spent Monday cozying up to EU adversary Vladimir Putin in an extraordinary chummy summit with the...
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FILE- In this May 17, 2018, file photo, an American flag hangs above the bell podium on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, July 16. (AP Photo/Richard Drew, File)
July 16, 2018 - 11:01 pm
SINGAPORE (AP) — Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. KEEPING SCORE: South Korea's Kospi lost 0.2 percent to 2,297.64 and Hong Kong's Hang Seng lost 1.0 percent to 28,247.53 in morning trading. The...
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In this July 13, 2018, photo, Chinese made children shoes carrying a Chinese map and U.S. flags are on display for a sale at a shop in Beijing. China announced it filled a World Trade Organization challenge Monday, July 16, 2018, to U.S. President Donald Trump's proposal for a tariff hike on $200 billion of Chinese goods, reacting swiftly amid deepening concern about the economic impact of their spiraling technology dispute. (AP Photo/Andy Wong)
July 16, 2018 - 4:06 pm
WASHINGTON (AP) — The Trump administration on Monday brought cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization for retaliating against American tariffs on imported steel and aluminum. The United States has imposed tariffs of 25 percent on steel and...
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July 16, 2018 - 3:19 pm
WASHINGTON (AP) — The U.S. says countries and businesses that keep importing Iranian oil could avoid penalties by making "significant reductions" as Washington re-imposes sanctions on Tehran later this year. Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo say possible wiggle...
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In this July 13, 2018, photo, Chinese made children shoes carrying a Chinese map and U.S. flags are on display for a sale at a shop in Beijing. China announced it filled a World Trade Organization challenge Monday, July 16, 2018, to U.S. President Donald Trump's proposal for a tariff hike on $200 billion of Chinese goods, reacting swiftly amid deepening concern about the economic impact of their spiraling technology dispute. (AP Photo/Andy Wong)
July 16, 2018 - 9:39 am
BEIJING (AP) — China announced it filed a World Trade Organization challenge Monday to President Donald Trump's latest tariff threat, stepping up its diplomatic efforts to counter U.S. pressure in a spiraling technology dispute. The Trump administration has criticized the WTO as unable to deal with...
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In this July 3, 2018, photo, a shopper carries bags in San Francisco. On Monday, July 16, the Commerce Department releases U.S. retail sales data for June. (AP Photo/Marcio Jose Sanchez)
July 16, 2018 - 8:56 am
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism. The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following a big 1.3 percent gain the...
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European Council President Donald Tusk, right speaks near European Commission President Jean-Claude Juncker during a meeting with Chinese Premier Li Keqiang, unseen at the Great Hall of the People in Beijing, China, Monday, July 16, 2018. The senior European Union official on Monday urged President Donald Trump, Russian President Vladimir Putin and China to work with Europe to avoid trade wars and prevent conflict and chaos.(AP Photo/Ng Han Guan, Pool)
July 16, 2018 - 3:28 am
BEIJING (AP) — A senior European official on Monday urged U.S. President Donald Trump, Russian President Vladimir Putin and China to work with Europe to avoid trade wars and prevent conflict and chaos. Speaking before Trump and Putting were due to meet in Helsinki, European Council President Donald...
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In this Sunday, July 15, 2018, photo, women take souvenir photos with soft toys on display at an arcade games shop in Beijing. China's economic growth slowed in the quarter ending in June, adding to challenges for Beijing amid a mounting tariff battle with Washington. (AP Photo/Andy Wong)
July 16, 2018 - 1:55 am
BEIJING (AP) — China's economic growth slowed in the quarter ending in June, adding to challenges for Beijing as its tariff battle with Washington escalates. The world's second-largest economy expanded by 6.7 percent over a year earlier, down from the previous quarter's 6.8 percent, the government...
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