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Trade barriers

German Finance Minister Olaf Scholz, center, looks at European Commissioner for Economy Paolo Gentiloni, front left, and European Central Bank Vice President Luis de Guindos, front right, as he arrives to an European Finance Ministers meeting at the Europa building in Brussels, Tuesday, Jan. 21, 2020. (AP Photo/Francisco Seco)
January 24, 2020 - 8:26 am

Germany says UK will face costs from Brexit

DAVOS, Switzerland (AP) — German finance minister says he is confident that his country won’t suffer from Brexit but that Britain will inevitably face “consequences” from its decision to leave the European Union. At a panel at the World Economic Forum, Olaf Scholz said Britain’s financial sector...
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French Finance Minister Bruno Le Maire, left, and European Trade Commissioner Phil Hogan attend a media conference after their meeting in Paris, Tuesday, Jan. 7, 2020. The talks are focused on U.S. tariffs on French wine and other goods. (AP Photo/Michel Euler)
January 22, 2020 - 1:05 pm

US-French tax truce a respite in tense relations with EU

DAVOS, Switzerland (AP) — France will delay its tax on big tech firms like Google and Facebook in exchange for the United States's promise to hold off retaliatory tariffs — a potential sign of goodwill in the U.S. and European Union's increasingly tense relations over trade. After U.S. President...
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A police security guard patrols on the roof of a hotel ahead of the World Economic Forum in Davos, Switzerland, Monday, Jan. 20, 2020. The 50th annual meeting of the forum will take place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Markus Schreiber)
January 21, 2020 - 1:29 pm

The Latest: Swiss questioned Russian suspects before Davos

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 7:30 p.m. Swiss police say two Russians who were reportedly checked as suspected spies in the town of Davos months ago were released without any charges. Switzerland’s Tages Anzeiger newspaper...
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President Donald Trump returns to the White House in Washington, Sunday, Jan. 19, 2020, from a campaign trip to Austin, Texas. (AP Photo/Manuel Balce Ceneta)
January 20, 2020 - 5:30 pm

Trump heading to Switzerland as impeachment trial reconvenes

WASHINGTON (AP) — When President Donald Trump’s historic impeachment trial is called to order in the Senate this week, he won’t be watching from inside the chamber or on television from the White House. He'll be thousands of miles away at the Davos economic forum in the Swiss Alps, trying to charm...
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January 16, 2020 - 9:09 pm

China's 2019 economic growth weakens to 6.1% amid trade war

BEIJING (AP) — China’s economic growth sank to a new multi-decade low of 6.1% in 2019 as consumer demand weakened and Beijing fought a trade war with Washington. Government data Friday showed growth was down from 2018’s 6.6%, already the lowest since 1990. Economic growth in the three months ending...
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Investors monitor stock prices at a brokerage in Beijing Thursday, Jan. 16, 2020. Share prices are mixed in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. (AP Photo/Ng Han Guan)
January 16, 2020 - 7:03 am

China welcomes US deal, says 'core concerns' must be met

BEIJING (AP) — China’s government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other’s “core concerns.” The “Phase 1” agreement shows Beijing and Washington “can find appropriate and effective solutions to relevant issues through dialogue,”...
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A woman walks a depiction of a Rat with the words "Bring in wealth and treasures" ahead of the Chinese Lunar New Year Year of the Rat celebrations in Beijing on Thursday, Jan. 16, 2020. China's government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other's "core concerns." (AP Photo/Ng Han Guan)
January 16, 2020 - 6:54 am

China-US trade deal a blip in seismic shifts of Asian trade

BANGKOK (AP) — The trade agreement signed by President Donald Trump and Beijing's lead trade envoy comes amid seismic shifts in supply chains and investment hastened by the tariff war that began in 2018. For Thailand, that's meant some fallout from reduced demand for certain products but increased...
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President Donald Trump shakes hands with Chinese Vice Premier Liu He, after signing a trade agreement in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
January 15, 2020 - 5:21 pm

Trade deal: US eases sanctions, China to buy more US exports

The United States and China signed an initial trade pact Wednesday, easing tensions between the world's two largest economies. A look at highlights of the 86-page deal. U.S. EXPORTS: China agreed to increase purchases of U.S. services and manufactured, energy and farm products by $200 billion this...
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A currency trader talks on the phone at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Jan. 15, 2020. Asian shares have retreated as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. (AP Photo/Lee Jin-man)
January 15, 2020 - 4:40 am

World shares slip on jitters over China-US trade deal

BANGKOK (AP) — World shares were mostly lower on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Britain's FTSE 100 edged 0.1% higher to 7,628.81, while the CAC 40 in Paris was flat at 6,039.14. In Germany, the DAX lost 0...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Jan. 15, 2020. Asian shares have retreated as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. (AP Photo/Lee Jin-man)
January 15, 2020 - 2:58 am

Asian shares decline on revived jitters over trade deal

BANGKOK (AP) — Shares retreated in Asia on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Japan's Nikkei 225 index lost 0.5% to 23,916.58 while the Hang Seng in Hong Kong dropped 0.6% to 28,722.86. The Shanghai Composite...
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