Economic policy

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)
December 13, 2019 - 3:54 pm
WASHINGTON (AP) — The Trump administration has dropped its plan to impose new tariffs on $160 billion of Chinese imports beginning Sunday under a modest interim deal that de-escalates a 17-month trade war between the world's two biggest economies. As part of the agreement announced Friday, the...
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French President Emmanuel Macron listens to European Council President Charles Michel prior to their meeting at the Elysee Palace, in Paris, Tuesday, Dec. 10, 2019. The two men discussed Europe's plans for Brexit, European efforts against climate change and this week's European Union summit in Brussels. (AP Photo/Francois Mori)
December 13, 2019 - 12:12 pm
LONDON (AP) — The Latest on Britain's Brexit election (all times local): 5:05 p.m. The community of St. Ives in southwest England has formally brought an end to the British general election and it was another victory for the Conservative Party. The victory for Conservative Derek Thomas over Liberal...
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European Council President Charles Michel, center, walks to a media conference during an EU summit in Brussels, Friday, Dec. 13, 2019. European Union leaders gathered for their year-end summit and discussed climate change funding, the departure of the UK from the bloc and their next 7-year budget. (AP Photo/Virginia Mayo)
December 13, 2019 - 5:05 am
BRUSSELS (AP) — European Union leaders gathered Friday to discuss Britain’s departure from the bloc amid some relief that Prime Minister Boris Johnson has secured a parliamentary majority that should allow him to push the long-stalled Brexit divorce deal through parliament. With or without an...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Dec. 13, 2019. Shares likewise jumped Friday in Asia following fresh all-time highs overnight on Wall Street spurred by optimism that the U.S. and China are close to reaching a deal to end their costly trade war. (AP Photo/Eugene Hoshiko)
December 13, 2019 - 4:20 am
BANGKOK (AP) — The British pound edged higher Friday as Prime Minister Boris Johnson's Conservative Party claimed a robust majority in Parliament, while talk of China-U.S. trade deal buoyed share prices in Asia. The British pound rose to $1.3470 from $1.3385 late Thursday but then fell back to a...
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Liberal Democrats Party leader Jo Swinson and her partner Duncan Hames arrive to cast their votes in the general election in Glasgow, Thursday Dec. 12, 2019. U.K. voters are voting Thursday for they want to resolve the stalemate over Brexit, in a parliamentary election widely seen as one of the most decisive in modern times.(Ian Rutherford/PA via AP)
December 12, 2019 - 11:05 pm
LONDON (AP) — The Latest on Britain's Brexit general election (all times local): 4 a.m. The leader of Britain’s Liberal Democrats, Jo Swinson, has lost her seat in Parliament, while her party is struggling to make election gains. Swinson was narrowly defeated in her Dunbartonshire East constituency...
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December 12, 2019 - 9:19 pm
MEXICO CITY (AP) — Mexico's Senate voted Thursday to approve the modifications negotiated this week to the U.S.-Mexico-Canada Agreement, known as the USMCA. The Senate vote of 107 to 1 gave approval to increased enforcement of labor and environmental rules. The vote clears the way for a revamped...
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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 - 6:31 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. A "deal is close,'' said Myron Brilliant, the U.S. Chamber of Commerce's head of international...
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FILE - In this Dec. 5, 2019, file photo, trader Gregory Rowe, left, and specialist Michael Pistillo work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 12. (AP Photo/Richard Drew, File)
December 12, 2019 - 4:55 pm
The S&P 500 and Nasdaq closed at all-time highs Thursday on renewed optimism that the U.S. and China are close to reaching a deal in their costly trade war. Financial, technology and health care stocks powered much of the rally, which gave the S&P 500 its second straight gain and erased its...
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FILE - In this Wednesday, Sept. 4, 2019 file photo, incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels. Newly appointed European Central Bank head Christine Lagarde makes her first official assessment Thursday, Dec. 12, 2019 of the mixed bag that is the eurozone economy, which suffers from slowing manufacturing and global trade even as consumer spending helps prop up growth. (AP Photo/Francisco Seco, File)
December 12, 2019 - 11:30 am
FRANKFURT, Germany (AP) — Christine Lagarde is wasting no time in putting her stamp on the European Central Bank. The bank's new president said at her first news conference Thursday that she will lead a top to bottom review of how the institution sets monetary policy, looking at everything from how...
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Investors monitors stock prices at a brokerage in Beijing on Thursday, Dec. 12, 2019. Asian shares are mixed after a wobbly day on Wall Street following the Federal Reserve announcement that it would leave interest rates unchanged. Japan's benchmark Nikkei 225, South Korea's Kospi and Hong Kong's Hang Seng rose in early Thursday trading. (AP Photo/Ng Han Guan)
December 12, 2019 - 1:08 am
TOKYO (AP) — Asian shares were mixed Thursday after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Japan's benchmark Nikkei 225 edged 0.3% higher to 23,455.96, while Australia's S&P/ASX 200 lost 0.6% to 6,709.40. South Korea's...
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