Global trade

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 - 5:01 am
FRANKFURT, Germany (AP) — The unemployment rate has fallen fell to its lowest since August 2008 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 to 7...
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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 - 11:55 am
NEW YORK (AP) — Stocks tumbled on Wall Street Friday after the U.S. announced plans to expand its trade war to Mexico. The slump all but guarantees the market will end May with its first monthly loss of 2019. The new front in the trade war is hitting automakers particularly hard. Many of them...
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Trader Jonathan Corpina works on the floor of the New York Stock Exchange, Wednesday, May 29, 2019. Stocks are getting off to a weak start on Wall Street led by drops in technology and health care companies. (AP Photo/Richard Drew)
May 29, 2019 - 3:49 pm
NEW YORK (AP) — U.S. stocks sped toward their first monthly loss of 2019 as investors continued shifting money into the safety of bonds while fleeing high-risk holdings in the technology and industrial sectors. Every major index and sector fell in midday trading on Wall Street Wednesday, putting...
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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 - 9:55 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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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 - 1:49 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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In this Feb. 24, 2017, photo, a factory worker assembles the case of an air conditioner on an assembly line at a Haier factory in Jiaozhou near Qingdao in eastern China's Shandong Province. U.S. President Donald Trump's latest tariff hike on Chinese goods took effect Friday, May 10, 2019, and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade tensions. (AP Photo/Mark Schiefelbein)
May 11, 2019 - 2:06 am
WASHINGTON (AP) — The U.S. and China have gone through rough patches before. The American public recoiled — and the U.S. government imposed sanctions — after the People's Liberation Army slaughtered hundreds of civilians in the streets of Beijing in June 1989, crushing the Tiananmen Square protests...
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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 - 9:13 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 - 5:49 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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European Trade Commissioner Cecilia Malmstrom talks to journalists during a news conference at the European Commission headquarters in Brussels, Monday, April 15, 2019. (AP Photo/Francisco Seco)
April 17, 2019 - 9:57 am
BRUSSELS (AP) — The European Union has drawn up a list of $20 billion worth of U.S. products it could tax in an escalating feud over plane industry subsidies, the EU's executive commission said Wednesday. The commission said the EU could tax the products , which range from aircraft parts to frozen...
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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 - 3:27 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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