Global trade

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 - 4:27 pm
Wall Street is no fan of Tariff Man. The stock market stumbled Friday to its first losing month of 2019 in May, primarily due to President Donald Trump's decision to broadly wield his tariff powers, first against China over trade and then against Mexico over immigration. During stocks' month-long...
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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 - 8:55 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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FILE - In this May 9, 2019, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 17. (AP Photo/Richard Drew)
May 17, 2019 - 12:51 pm
A midmorning rebound on Wall Street faded by Friday afternoon, sending major stock indexes mostly lower and placing the market on track for its second straight weekly loss. Technology, industrial and energy stocks accounted for much of the slide, outweighing gains in health care, utilities and...
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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 - 12:49 pm
NEW YORK (AP) — Treasury Secretary Steven Mnuchin says the U.S. is making progress in talks with Canada and Mexico over steel tariffs, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries. Appearing before a Senate Appropriations subcommittee...
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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 - 8:13 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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U.S. Treasury Secretary Steven Mnuchin gestures as he speaks to the media upon his arrival at a hotel in Beijing, Tuesday, April 30, 2019. Mnuchin arrived in China's capital to hold a new high-level trade talks with China on May 1. (AP Photo/Andy Wong)
April 30, 2019 - 4:49 am
BEIJING (AP) — U.S. Treasury Secretary Steven Mnuchin said Tuesday he hopes for "substantial progress" in talks with Chinese officials aimed at ending a tariff war over Beijing's technology ambitions. Mnuchin and Trade Representative Robert Lighthizer were to have a working dinner and then meet...
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Yoon Chang-yul, second from right, a senior official at the Prime Minister's Office, announces the government's stance on the World Trade Organization's ruling in favor of South Korea 's import ban on Japanese seafood at the government complex in Sejong, South Korea, Friday, April 12, 2019. South Korea on Friday welcomed the decision and said it will continue to block all fishery products from Fukushima and seven neighboring prefectures to ensure "only foods that are confirmed as safe are put on the table. (Jin Sung-chul/Yonhap via AP)
April 12, 2019 - 2:27 am
SEOUL, South Korea (AP) — The World Trade Organization has upheld South Korea's import ban on Japanese seafood from areas affected by the 2011 nuclear disaster in Fukushima, overturning a ruling by a lower panel last year that said Seoul was unfairly discriminating against Japanese products. The...
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FILE - In this Monday, Oct. 15, 2018 file photo, a container ship is loaded at the harbor in Hamburg, Germany. The United States is considering putting tariffs on $11 billion in EU goods per year to offset what it says are unfair European subsidies for planemaker Airbus. While the size of the potential tariffs is relatively small compared with the hundreds of billions of goods the U.S. and China are taxing in their trade war, it suggests a breakdown in talks with the EU over trade. (AP Photo/Martin Meissner, file)
April 09, 2019 - 11:58 am
LONDON (AP) — The United States wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — in what some experts say marks another attempt by the Trump administration to use tariffs to reshape global trade in its favor. The World Trade Organization ruled last year that the...
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China's Premier Li Keqiang, left, shakes hands with European Council President Donald Tusk during an EU-China summit at the European Council headquarters in Brussels, Tuesday, April 9, 2019. (AP Photo/Francisco Seco)
April 09, 2019 - 10:37 am
BRUSSELS (AP) — China and the European Union agreed Tuesday to strengthen their trade relationship, pledging to work toward "substantially improved market access, the elimination of discriminatory requirements and practices affecting foreign investors." EU Trade Commissioner Cecilia Malmstrom has...
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President Donald Trump speaks with reporters before boarding Marine One on the South Lawn of the White House, Friday, April 5, 2019, in Washington. (AP Photo/Evan Vucci)
April 09, 2019 - 8:08 am
WASHINGTON (AP) — President Donald Trump said Tuesday he'll put tariffs on $11 billion worth European Union cheese, wine and other goods to retaliate for what Washington says are improper subsidies to Airbus. The office of the U.S. trade representative late Monday released a preliminary list of EU...
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