Economic policy

FILE - In this June 29, 2017, file photo, taxi drivers chat as they refuel their vehicles at a gas station in Cairo, Egypt. Egypt announced Saturday, June 16, 2018 steep increases in fuel and cooking gas prices as part of the country's economic reforms and austerity measures designed to overhaul the country's ailing economy. (AP Photo/Amr Nabil, File)
June 16, 2018 - 2:32 pm
CAIRO (AP) — Egypt announced Saturday steep increases in fuel and cooking gas prices as part of the country's economic reforms and austerity measures designed to overhaul the country's ailing economy. The new prices went into effect Saturday morning, the Ministry of Oil said in a statement. Prices...
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FILE - In this June 29, 2017, file photo, taxi drivers chat as they refuel their vehicles at a gas station in Cairo, Egypt. Egypt announced Saturday, June 16, 2018 steep increases in fuel and cooking gas prices as part of the country's economic reforms and austerity measures designed to overhaul the country's ailing economy. (AP Photo/Amr Nabil, File)
June 16, 2018 - 8:01 am
CAIRO (AP) — Egypt announced Saturday steep increases in fuel and cooking gas prices as part of the country's economic reforms and austerity measures designed to overhaul the country's ailing economy. The new prices went into effect Saturday morning, the Ministry of Oil said in a statement. Prices...
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FILE - In this June 29, 2017, file photo, taxi drivers chat as they refuel their vehicles at a gas station in Cairo, Egypt. Egypt announced Saturday, June 16, 2018 steep increases in fuel and cooking gas prices as part of the country's economic reforms and austerity measures designed to overhaul the country's ailing economy. (AP Photo/Amr Nabil, File)
June 16, 2018 - 4:54 am
CAIRO (AP) — Egypt announced Saturday steep increases in fuel and cooking gas prices as part of the country's economic reforms and austerity measures designed to overhaul the country's ailing economy. The new prices went into effect Saturday morning, the Ministry of Oil said in a statement. Prices...
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A woman poses for a photo in front of a CT6 Cadillac during the Consumer Electronics Show Asia 2018 in Shanghai, China on Friday, June 15, 2018. President Donald Trump is hiking the price of Chinese-made forklift trucks and X-ray machines for American buyers. They are part of a $50 billion list of Chinese exports targeted for a 25 percent tariff hike in response to complaints Beijing steals or pressures foreign companies to hand over technology. (AP Photo/Sam McNeil)
June 15, 2018 - 10:32 pm
BEIJING (AP) — China fired back Saturday in a spiraling trade dispute with President Donald Trump by raising import duties on a $34 billion list of American goods including soybeans, electric cars and whiskey. The government said it was responding in "equal scale" to Trump's tariff hike on Chinese...
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A woman poses for a photo in front of a CT6 Cadillac during the Consumer Electronics Show Asia 2018 in Shanghai, China on Friday, June 15, 2018. President Donald Trump is hiking the price of Chinese-made forklift trucks and X-ray machines for American buyers. They are part of a $50 billion list of Chinese exports targeted for a 25 percent tariff hike in response to complaints Beijing steals or pressures foreign companies to hand over technology. (AP Photo/Sam McNeil)
June 15, 2018 - 9:55 pm
BEIJING (AP) — China fired back Saturday in a spiraling trade dispute with President Donald Trump by raising import duties on a $34 billion list of American goods including soybeans, electric cars and whiskey. The government said it was responding in "equal scale" to Trump's tariff hike on Chinese...
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President Donald Trump walks to an interview on the North Lawn of the White House, Friday, June 15, 2018, in Washington. (AP Photo/Evan Vucci)
June 15, 2018 - 8:23 pm
WASHINGTON (AP) — The Latest on President Donald Trump's tariffs on Chinese goods (all times local): ___ 4:35 p.m. China plans to impose 25 percent tariffs on roughly $50 billion of U.S. goods in retaliation for the Trump administration's announcement Friday that it would impose duties of the same...
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President Donald Trump walks to an interview on the North Lawn of the White House, Friday, June 15, 2018, in Washington. (AP Photo/Evan Vucci)
June 15, 2018 - 4:51 pm
WASHINGTON (AP) — The Latest on President Donald Trump's tariffs on Chinese goods (all times local): ___ 4:35 p.m. China plans to impose 25 percent tariffs on roughly $50 billion of U.S. goods in retaliation for the Trump administration's announcement Friday that it would impose duties of the same...
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President Donald Trump speaks to reporters at the White House, Friday, June 15, 2018, in Washington. (AP Photo/Evan Vucci)
June 15, 2018 - 4:39 pm
WASHINGTON (AP) — President Donald Trump brought the world's two biggest economies to the brink of a trade war Friday by announcing a 25 percent tariff on up to $50 billion in Chinese imports to take effect July 6. Beijing quickly responded that it would retaliate with penalties of the same scale...
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FILE- In this April 26, 2018, file photo, Vincent Pepe stands outside the New York Stock Exchange where he works in the Financial District in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 15. (AP Photo/Kathy Willens, File)
June 15, 2018 - 4:33 pm
NEW YORK (AP) — U.S. stocks closed out a whirlwind week with a modest loss Friday as markets gauged how much to fret about the Trump administration's decision to step up the trade dispute between the world's two biggest economies. The White House announced tariffs on $50 billion of imports from...
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FILE- In this April 26, 2018, file photo, Vincent Pepe stands outside the New York Stock Exchange where he works in the Financial District in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 15. (AP Photo/Kathy Willens, File)
June 15, 2018 - 10:53 am
NEW YORK (AP) — U.S. stocks fell with other markets around the world on Friday after the Trump administration stepped up the trade dispute between the world's two biggest economies by announcing tariffs on $50 billion of imports from China. China almost immediately said it will retaliate with its...
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