Economy

A man rubs his forehead as he monitors stock prices at a brokerage house in Beijing, Monday, May 13, 2019. Shares were mostly lower in Asia on Monday after trade talks between the U.S. and China ended Friday without an agreement. (AP Photo/Andy Wong)
May 13, 2019 - 8:10 am
BANGKOK (AP) — Stock markets fell on Monday after trade talks between the U.S. and China wrapped up without an agreement, with economists warning that the escalating dispute over trade and technology would likely hurt economic growth. The CAC 40 in Paris dropped 0.5% to 5,298 in midday trading...
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In this May 8, 2019, photo, President Donald Trump speaks at a rally in Panama City Beach, Fla. Trump’s combative approach to trade has been one of the main constants among his often-shifting political views. He’s showing no signs of backing off now even as the stakes intensify with the threat of a full-blown trade war between the world’s two biggest economies. (AP Photo/Evan Vucci)
May 13, 2019 - 7:31 am
WASHINGTON (AP) — President Donald Trump is warning Chinese President Xi Jinping (shee jihn-peeng) that China "will be hurt very badly" if they don't agree to a trade deal. Trump tweeted Monday after the countries failed to reach a deal in recent talks. The Trump administration has raised tariffs...
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A worker walks near truck trailers and cargo containers, Friday, May 10, 2019, at the Port of Tacoma in Tacoma, Wash. U.S. and Chinese negotiators resumed trade talks Friday under increasing pressure after President Donald Trump raised tariffs on $200 billion in Chinese goods and Beijing promised to retaliate. (AP Photo/Ted S. Warren)
May 13, 2019 - 6:13 am
WASHINGTON (AP) — The White House's top economic adviser has acknowledged that U.S. consumers and businesses pay the tariffs that the Trump administration has imposed on billions of dollars of Chinese goods, even as President Trump himself insisted in a tweet, incorrectly, that China pays. Chris...
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U.S. Secretary of Agriculture Sonny Perdue prepares to barbecue U.S. beef in Tokyo Monday, May 13, 2019. Perdue barbecued American beef in Tokyo to highlight his message: Japan must treat the U.S. fairly as a top customer for Japanese products. (AP Photo/Yuri Kageyama)
May 13, 2019 - 3:48 am
TOKYO (AP) — U.S. Agriculture Secretary Sonny Perdue has picked up his barbeque tongs to convey his message to Japan: Buy more American beef. Perdue said Monday that as a top consumer of U.S. beef, Japan should treat the U.S. fairly. He said he hoped President Donald Trump and Japanese Prime...
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May 12, 2019 - 11:48 pm
BANGKOK (AP) — Shares were mostly lower in Asia on Monday after trade talks between the U.S. and China wrapped up Friday without an agreement. Shares dropped more than 1% in Shanghai, to 2,909.60. Japan's Nikkei 225 index lost 0.5% to 21,237.71 and the S&P ASX 200 declined 0.3% to 6,289.70...
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Former Finance Minister Ingrida Simonyte, a presidential candidate, speaks to the media at a polling station in presidential elections in Vilnius, Lithuania, Sunday, May 12, 2019. Voters are going to the polls to elect a president to succeed Dalia Grybauskaite, who has completed her maximum two terms in office. (AP Photo/Mindaugas Kulbis)
May 12, 2019 - 6:56 pm
VILNIUS, Lithuania (AP) — A prominent economist and a former finance minister held the top two spots in returns from Lithuania's presidential election Sunday and appeared headed to a runoff ballot later this month to choose a successor to incumbent Dalia Grybauskaite. With 1,631 of the country's 1,...
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May 12, 2019 - 3:37 pm
ISLAMABAD (AP) — The International Monetary Fund said Sunday it reached a preliminary agreement with Pakistan for a $6 billion bailout over the next three years to finance sweeping economic reforms. Pakistan and the international lender reached a "staff level agreement" subject to approval by the...
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President Donald Trump speaks during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)
May 11, 2019 - 11:30 am
STERLING, Va. (AP) — President Donald Trump is taking jabs at Democrats for pursuing the Russia probe. Before heading to his golf club in Virginia, he re-tweeted 60 comments siding with him on that and other issues. He mused on rocky trade talks with China. And showed displeasure at efforts to get...
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In this May 8, 2019, photo, President Donald Trump speaks at a rally in Panama City Beach, Fla. Trump’s combative approach to trade has been one of the main constants among his often-shifting political views. He’s showing no signs of backing off now even as the stakes intensify with the threat of a full-blown trade war between the world’s two biggest economies. (AP Photo/Evan Vucci)
May 11, 2019 - 10:00 am
WASHINGTON (AP) — President Donald Trump's combative approach to trade has been one of the main constants among his often-shifting political views. And he's showing no signs of backing off now, even as the stakes intensify with the threat of a full-blown trade war between the world's two biggest...
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Treasury Secretary Steve Mnuchin, center, and United States Trade Representative Robert Lighthizer, right, speak with Chinese Vice Premier Liu He, left, as he departs the Office of the United States Trade Representative in Washington, Friday, May 10, 2019. (AP Photo/Andrew Harnik)
May 11, 2019 - 8:17 am
BEIJING (AP) — China's leading envoy to trade talks in Washington says the failure to strike a deal in the tariffs war with the U.S. was "just a small setback" and negotiations will continue despite increases in import duties on American imports from China. In comments to reporters before he left...
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