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Trade barriers

September 16, 2019 - 3:18 am

Asian markets mixed as oil prices surge

BEIJING (AP) — Asian stock markets were mixed Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Hong Kong's benchmark tumbled 1% while Seoul advanced and Shanghai and Sydney were little-changed. Japanese markets were closed for a holiday. The...
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FIEL - In this Aug. 26, 2019, file photo, a computer screen shows images of Chinese President Xi Jinping, right, and U.S. President Donald Trump as a currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, Sept. 13, 2019, in a possible goodwill gesture ahead of negotiations. (AP Photo/Ahn Young-joon, File)
September 13, 2019 - 11:35 am

China to lift punitive tariffs on US soybeans, pork

BEIJING (AP) — China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, adding to conciliatory gestures by the two sides ahead of negotiations. China will suspend tariff hikes on soybeans, pork and some other farm goods, the...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Sept. 13, 2019. Stocks were broadly higher in Asia on Friday after gains overnight on Wall Street. Investors have stepped up buying on hopes for an easing of tensions in the costly trade war between the U.S. (AP Photo/Eugene Hoshiko)
September 13, 2019 - 5:54 am

World shares buoyed by fresh optimism over US-China trade

BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany's DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91. But Britain's FTSE 100 gave up 0.2% to 7,327...
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September 13, 2019 - 5:45 am

China says US soybeans, pork to be exempt from tariff hikes

BEIJING (AP) — A Chinese state news agency says U.S. soybeans, pork and some other farm products will be exempt from tariff hikes in a possible goodwill gesture ahead of trade negotiations next month. The official Xinhua News Agency announced the step Friday, citing unidentified official sources,...
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FILE - In this Sept. 4, 2019, file photo traders John Doyle, left, and Richard Deviccaro work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 12. (AP Photo/Richard Drew, File)
September 13, 2019 - 12:16 am

Asian shares gain on fresh optimism over US-China trade

Stocks were broadly higher in Asia on Friday after gains overnight on Wall Street. Investors have stepped up buying on hopes for an easing of tensions in the costly trade war between the U.S. Japan's Nikkei 225 added 1% to 21,982.06 while the Hang Seng in Hong Kong climbed 0.4% to 27,186.35. Sydney...
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September 11, 2019 - 9:17 pm

Trump agrees to 2-week delay in China tariff increase

WASHINGTON (AP) — President Donald Trump says the United States has agreed to a two-week delay in a planned increase in tariffs on some Chinese imports. Trump said on Twitter on Wednesday that the delay is "a gesture of good will." He says Chinese Vice Premier Liu He requested the delay "due to the...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 11. (AP Photo/Frank Franklin II, File)
September 11, 2019 - 10:21 am

US stocks edge higher as China eases trade tensions

NEW YORK (AP) — U.S. stocks moved higher in early trading on Wednesday as investors snapped up technology companies following China's move to exempt some U.S. products from a recent round of tariffs. The tech sector, which has much to gain or lose in the trade war, moved broadly higher in the early...
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FILE - In this April 12, 2018, file photo, packets of raw soybeans are placed on a table at a U.S. soybean company's booth at the international soybean exhibition in Shanghai, China. China has announced some U.S. industrial chemicals will be exempt from tariff hikes imposed in a trade war with Washington but maintained penalties on soybeans, pork and other farm goods. The Ministry of Finance's announcement Wednesday, Sept. 11, 2019 came ahead of October talks aimed at ending the fight over trade and technology that threatens global economic growth. (AP Photo/Andy Wong, File)
September 11, 2019 - 3:47 am

China keeps penalties on US pork, soy, eases some others

BEIJING (AP) — China announced Wednesday it will exempt American industrial grease and some other imports from tariff hikes in a trade war with Washington but kept in place higher duties on soybeans and other major U.S. exports ahead of negotiations next month. The move adds to suggestions both...
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FILE - In this May 15, 2019, file photo, founder of Alibaba group Jack Ma arrives for the Tech for Good summit in Paris. Ma is stepping down as chairman at a time when its industry faces rapid change and uncertainty amid a U.S.-Chinese trade war. Ma gave up his post on his 55th birthday as part of a succession announced a year earlier. (AP Photo/Thibault Camus, File)
September 10, 2019 - 2:10 am

Alibaba's Ma steps down as industry faces uncertainty

BEIJING (AP) — Alibaba Group founder Jack Ma, who helped launch China's online retailing boom, stepped down as chairman of the world's biggest e-commerce company Tuesday at a time when its fast-changing industry faces uncertainty amid a U.S.-Chinese tariff war. Ma, one of China's wealthiest and...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 6. (AP Photo/Frank Franklin II, File)
September 08, 2019 - 11:17 pm

Asian shares mostly rise as market players weigh mix of data

TOKYO (AP) — Asian shares were mostly higher Monday as the week started with a mix of economic data for the region and the U.S. Japan's benchmark Nikkei 225 rose 0.5% in early trading to 21,294.14. Australia's S&P/ASX 200 edged up nearly 0.1% to 6,652.20. South Korea's Kospi gained 0.6% to 2,...
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