Trade barriers

Shoppers at a retail district pass by an American lingerie company Victoria's Secrets store in Beijing on Friday, Dec. 13, 2019. China deputy trade envoy says China, U.S. have reached trade deal, will reduce punitive tariffs on each other's goods. (AP Photo/Ng Han Guan)
Associated Press
December 13, 2019 - 4:46 pm
WASHINGTON (AP) — The limited trade deal that the Trump administration and Beijing announced Friday means Americans will avoid a holiday tax increase on imported toys, clothing and smartphones. U.S. farmers can sell more soybeans and pork to China. And American companies should face less pressure...
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Specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange, Friday, Dec. 13, 2019. After months of waiting, markets had a muted reaction to news Friday that the US and China had reached an initial deal on trade. (AP Photo/Richard Drew)
December 13, 2019 - 4:05 pm
Wall Street closed out a listless day Friday with tiny gains and more record highs for the S&P 500 and Nasdaq. The U.S. and China revealed they have reached an initial deal in their long-running trade war. The “Phase 1” agreement means that the U.S. won't impose new tariffs on Chinese goods...
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FILE - In this July 22, 2019, file stacked containers wait to be loaded on to trucks at the Port of Oakland in Oakland, Calif. China's government says trade negotiators are in “close communication” with Washington ahead of a weekend deadline for a U.S. tariff hike. But a Ministry of Commerce spokesman gave no indication of possible progress in trade talks or whether Washington might postpone the increase. (AP Photo/Ben Margot, File)
December 12, 2019 - 4:17 pm
WASHINGTON (AP) — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war. "We're close to a deal,'' said Myron Brilliant, the U.S. Chamber of Commerce's head of...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Dec. 11, 2019. (AP Photo/Eugene Hoshiko)
December 11, 2019 - 3:34 am
BEIJING (AP) — Global stock markets rose Wednesday following reports President Donald Trump's advisers were preparing for a possible delay in a weekend tariff hike on Chinese goods. London and Frankfurt rose in early trading while Shanghai and Hong Kong closed higher. Tokyo declined. Investors were...
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House Speaker Nancy Pelosi of Calif., speaks at a news conference on Capitol Hill in Washington, Tuesday, Dec. 10, 2019, on Capitol Hill in Washington. (AP Photo/Susan Walsh)
Associated Press
December 10, 2019 - 5:08 pm
WASHINGTON (AP) — House Democrats and the White House announced a deal Tuesday on a modified North American trade pact, handing President Donald Trump a major Capitol Hill win on the same day that impeachment charges were announced against him. Both sides hailed the deal as a win for American...
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Dennis Shea, US Ambassador to the WTO, arrives for the opening of the General Council, at the headquarters of the World Trade Organization, WTO, in Geneva, Switzerland, Monday, Dec. 9, 2019. (Salvatore Di Nolfi/Keystone via AP)
December 10, 2019 - 7:40 am
GENEVA (AP) — Global commerce will lose its ultimate umpire Tuesday, leaving countries unable to reach a final resolution of disputes at the World Trade Organization and instead facing what critics call “the law of the jungle.’’ The United States, under a president who favors a go-it-alone approach...
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A currency trader watches computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 10, 2019. Asian stock markets have fallen as investors look ahead to interest rate decisions by U.S. and European central bankers and possible American tariff hike on Chinese imports. (AP Photo/Lee Jin-man)
December 10, 2019 - 3:27 am
BEIJING (AP) — Global stock markets fell Tuesday as investors looked ahead to a U.S. tariff deadline on Chinese imports and American and European interest rate decisions. Markets also were watching for the outcome of Britain's snap election Thursday amid uncertainty over plans to leave the European...
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In this Dec. 7, 2019, photo provided by the North Korean government, North Korean leader Kim Jong Un, center, cuts the ribbon during a ceremonial opening of the Yangdok Hot Spring Cultural Recreation Center in South Pyongan Province, North Korea. Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. Korean language watermark on image as provided by source reads: "KCNA" which is the abbreviation for Korean Central News Agency. (Korean Central News Agency/Korea News Service via AP)
December 09, 2019 - 2:06 am
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un opened a new mountain spa and ski resort that's intended for people to enjoy “high civilization under socialism” in another example of the country using tourism exemptions in sanctions to build revenue for its broken economy. Kim cut the...
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FILE - In this Oct. 14, 2019, file photo, a worker loads imported goods on a truck at a distribution company outside the container port in Qingdao in east China's Shandong province. China's trade with the United States sank again in November as negotiators worked on the first stage of a possible deal to end a tariff war. (Chinatopix via AP, File)
December 08, 2019 - 4:21 am
BEIJING (AP) — China's trade with the United States sank again in November as negotiators worked on the first stage of a possible deal to end a tariff war. Exports to the United States fell 23% from a year earlier to $35.6 billion, customs data showed Sunday. Imports of American goods were off 2.8...
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In this Dec. 5, 2019, photo, President Donald Trump speaks at a luncheon with members of the United Nations Security Council in the Cabinet Room at the White House in Washington. (AP Photo/Andrew Harnik)
December 07, 2019 - 10:24 am
WASHINGTON (AP) — When certain associates and acquaintances of President Donald Trump get into hot water, he forgets he ever knew them. Various figures from the Russia investigation and the Ukraine matter as well as a British prince have fallen out of familiarity with the president in this way. For...
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