International trade

March 25, 2019 - 12:06 am
WASHINGTON (AP) — The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration's predictions that growth will accelerate this year and next. That finding comes from the latest survey by the National...
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Chinese President Xi Jinping shakes hands with Italian President Sergio Mattarella during a business forum inside the Quirinale Presidential, in Rome, Friday, March 22, 2019. Mattarella told visiting President Jinping on Friday that China’s new “Silk Road” linking Europe and Asia must be a “two-way street,” addressing concerns among Western allies that the colossal infrastructure project is meant merely to amplify Beijing’s influence in the region. (Tiziana Fabi/Pool Photo via AP)
March 22, 2019 - 12:30 pm
MILAN (AP) — Italy's head of state told visiting Chinese President Xi Jinping on Friday that China's new "Silk Road" linking Europe and Asia must be a "two-way street," addressing concerns among Western allies that the colossal infrastructure project is meant merely to amplify Beijing's global...
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FILE - In this Tuesday March 12, 2019 file photo, lorries queue at the entrance to the Port of Dover ferry terminal during delays to the cross Channel ferry, in Dover, England. Britain unveiled a temporary tariff regime on Wednesday, March 13 that could boost the price of imports ranging from cars to butter if the U.K. leaves the European Union without an agreement on future trade, triggering fury among business leaders who weren't consulted on the proposals. The tariffs, which would last for up to 12 months, were published hours before lawmakers are scheduled to vote on whether to prevent the country from leaving the EU without a deal. (Gareth Fuller/PA via AP, file)
March 21, 2019 - 10:29 am
LONDON (AP) — U.K. companies have ratcheted up their preparations for a disorderly "no-deal" Brexit as best they can over the past couple of months, the Bank of England said Thursday. With the prospect of a chaotic Brexit potentially eight days away, a survey by the central bank's agents showed...
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FILE - In this March 19, 2015 file photo, bottles of spirits are on display at the Prichard's Distillery in Nashville, Tenn. A spirits industry trade group says the tariff-induced hangover for American whiskey producers became more painful in late 2018. The Distilled Spirits Council said Thursday, March 20, 2019 that a downturn in American whiskey exports accelerated at the end of last year, especially in the European Union _ the industry’s biggest overseas market. (AP Photo/Erik Schelzig)
March 21, 2019 - 8:58 am
LOUISVILLE, Ky. (AP) — For American whiskey producers, their tariff-induced hangover became more painful in late 2018 when a downturn in exports accelerated, especially in the European Union — the industry's biggest overseas market, an industry trade group said Thursday. Overall exports of bourbon...
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FILE - In this March 19, 2015 file photo, bottles of spirits are on display at the Prichard's Distillery in Nashville, Tenn. A spirits industry trade group says the tariff-induced hangover for American whiskey producers became more painful in late 2018. The Distilled Spirits Council said Thursday, March 20, 2019 that a downturn in American whiskey exports accelerated at the end of last year, especially in the European Union _ the industry’s biggest overseas market. (AP Photo/Erik Schelzig)
March 21, 2019 - 8:54 am
LOUISVILLE, Ky. (AP) — A spirits industry trade group says the tariff-induced hangover for American whiskey producers became more painful in late 2018. The Distilled Spirits Council said Thursday that a downturn in American whiskey exports accelerated at the end of last year, especially in the...
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March 21, 2019 - 4:36 am
BEIJING (AP) — China's commerce ministry says U.S. officials will be in Beijing next week for the next round of high-level trade talks. Ministry spokesman Gao Feng says U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will be in China next Thursday and Friday for...
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President Donald Trump speaks to reporters before leaving the White House in Washington, Wednesday, March 20, 2019, for a trip to visit a Army tank plant in Lima, Ohio, and a fundraising event in Canton, Ohio. (AP Photo/Manuel Balce Ceneta)
March 20, 2019 - 1:24 pm
WASHINGTON (AP) — President Donald Trump says if the U.S. gets a trade deal with China, tariffs could stay in place for some time to ensure Beijing "lives by the deal." Trump said Wednesday the White House was discussing keeping tariffs for a "substantial period of time," adding that China has had...
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Chinese investors use computer terminals to monitor stock prices at a brokerage house in Beijing, Wednesday, March 20, 2019. Markets in Asia are mostly lower after a lackluster day of trading on Wall Street.(AP Photo/Mark Schiefelbein)
March 20, 2019 - 8:44 am
BANGKOK (AP) — Shares were mostly falling in Europe after a lackluster day of trading in Asia and U.S. markets appeared set for a slightly higher open ahead of the Federal Reserve's policy statement. Germany's DAX sank 1.2 percent to 11,644, dragged down by a profit warning by BMW and a court...
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A BMWi car is pictured during the earnings press conference in Munich, Germany, Wednesday, March 20, 2019. (AP Photo/Matthias Schrader)
March 20, 2019 - 8:05 am
FRANKFURT, Germany (AP) — German automaker BMW said Wednesday that profits in 2019 would be "well below" last year's and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw...
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A BMWi car is pictured during the earnings press conference in Munich, Germany, Wednesday, March 20, 2019. (AP Photo/Matthias Schrader)
March 20, 2019 - 7:15 am
FRANKFURT, Germany (AP) — German automaker BMW says its profits this year will be "well below" last year's due to higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also said...
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