Global trade

FILE - In this May 10, 2012 file photo, a model poses with a 55-inch Samsung OLED, or organic light-emitting diode, TV during a press conference in Seoul, South Korea. Japan is imposing restrictions on exports to South Korea, citing a decline in "relations of international trust" between the Asian neighbors. South Korea’s Samsung Electronics, the world’s biggest maker of memory chips and smartphones and a major producer of display panels, said it’s assessing how the Japanese import restrictions could possibly influence its business. (AP Photo/Ahn Young-joon, File)
July 01, 2019 - 3:15 am
TOKYO (AP) — Japan is imposing restrictions on exports to South Korea, citing a decline in "relations of international trust" between the Asian neighbors. The Ministry of Economy, Trade and Industry said a review soliciting public comments starts Monday on the move to effectively remove South Korea...
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FILE - In this Dec. 18, 2018 file photo, Argentina's President Mauricio Macri speaks as the new pro tempore president of Mercosur, flanked by Uruguay's Foreign Affairs Minister, Rodolfo Nin, left and Uruguay's President Tabare Vazquez, right, at the 53rd Mercosur Summit in Montevideo, Uruguay. Argentina's Foreign Ministry said in a statement Friday, June 28, 2019, that South America's Mercosur trade bloc has struck a "strategic association" trade deal with the European Union, clinched in the Belgian capital of Brussels following two decades of negotiations. The Mercosur bloc includes Argentina, Brazil, Paraguay and Uruguay. (AP Photo/Matilde Campodonico, File)
June 28, 2019 - 9:31 pm
BUENOS AIRES, Argentina (AP) — South America's Mercosur bloc and the European Union struck a free-trade deal Friday after two decades of negotiations that concluded amid global trade tensions and rising protectionism. The agreement announced by both sides came as trade talks between the EU and the...
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President Donald Trump waves after arriving at Osaka International (Itami) Airport, in Osaka, Japan, Thursday, June 27, 2019. Trump is in Osaka to attend the G20 summit. (AP Photo/Susan Walsh)
June 27, 2019 - 5:42 am
OSAKA, Japan (AP) — Trade and geopolitical tensions, and the looming threat of climate change, are on the agenda as the presidents of the United States and China and other world leaders gather in Osaka, Japan, for a summit of the Group of 20 major economies. While prospects for detente in the trade...
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Bank of England Governor, Mark Carney talks with British Chancellor of the Exchequer Philip Hammond during the G20 Finance Ministers and Central Bank Governors Meeting, Saturday, June 8, 2019, in Fukuoka, Japan. (Kim Kyung-hoon/Pool Photo via AP)
June 20, 2019 - 7:58 am
LONDON (AP) — The Bank of England kept its main interest rate on hold at 0.75% on Thursday and warned that a combination of Brexit worries and global trade tensions was weighing on growth. All nine members of the Monetary Policy Committee backed the decision to not change rates. There had been some...
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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 - 7:07 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 - 7:42 am
ST. PETERSBURG, Russia (AP) — Russian President Vladimir Putin has criticized the United States for using pressure and sanctions to maintain its economic supremacy, hurting international trade and eroding global stability. Speaking Friday at an investment forum in St. Petersburg, the Russian leader...
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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 - 10:17 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 - 6:51 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 - 4:04 am
FRANKFURT, Germany (AP) — The unemployment rate has fallen fell to its lowest in more than a decade 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...
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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 - 8:51 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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