Trade barriers

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 26, 2019. Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what U.S. President Donald Trump might say next. (AP Photo/Ahn Young-joon)
August 26, 2019 - 6:39 am
TOKYO (AP) — Stock markets turned higher Monday after U.S. President Donald Trump claimed China was willing to reopen talks on the trade war that has been raging between the two countries and has wilted global economic growth. Uncertainty remained high, however, about the next developments in the...
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U.S President Donald Trump, French President Emmanuel Macron and German Chancellor Angela Merkel attend a working session during the G7 summit at Casino in Biarritz, southwestern France, Monday Aug.26 2019. G-7 leaders are wrapping up a summit dominated by tensions over U.S. trade policies and a surprise visit by Iran's top diplomat. (Ian Langsdon, Pool via AP)
August 26, 2019 - 5:51 am
NEW YORK (AP) — Although President Donald Trump has told U.S. companies to stop dealing with China, small business owners say complying would hurt, even devastate them. If Vanessa Topper can't work with a manufacturer in China, "I'm going to have to fold a quarter of my business," she says. About...
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In this Saturday, Aug. 24, 2019, photo lobsterman Bill Matthews tosses back an undersized lobster while fishing off Cape Porpoise in Kennebunkport, Maine. America's lobster exports to China have dropped sharply this year as new retaliatory tariffs shift seafood business north to Canada. (AP Photo/Robert F. Bukaty)
August 26, 2019 - 3:32 am
PORTLAND, Maine (AP) — U.S. lobster exports to China have fallen off a cliff this year as new retaliatory tariffs shift the seafood business farther north. China, a huge and growing customer for lobster, placed heavy tariffs on U.S. lobsters — and many other food products — in July 2018 amid rising...
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FILE - In this Aug. 6, 2019, file photo, a man walks by a money exchange shop decorated with Chinese yuan banknotes and other countries currency banknotes at Central, a business district in Hong Kong. China allowed its yuan to sink to an 11-year low against the dollar after U.S. President Donald Trump threatened to block American companies from doing business with this country. The yuan declined Monday, Aug. 26, 2019 to 7.1468 to the dollar, its weakest rate since January 2008. (AP Photo/Kin Cheung, File)
August 26, 2019 - 2:52 am
BEIJING (AP) — China allowed its yuan to sink to an 11-year low Monday after President Donald Trump sent jittery financial markets tumbling by announcing new tariff hikes and threatening to block American companies from doing business with this country. The escalation in the fight over trade and...
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In this handout photo taken from the Twitter account of Iranian Foreign Minister Mohammad Javad Zarif, shows French President Emmanuel Macron, right, French Foreign Minister Jean-Yves le Drian, second right, meeting Iranian Foreign Minister Mohammad Javad Zarif, left in white shirt, Sunday, Aug.25, 2019 in Biarritz, southwestern France. Zarif paid an unannounced visit Sunday to the G-7 summit and headed straight to the buildings where leaders of the world's major democracies have been debating how to handle the country's nuclear ambitions. (Twitter account of Iranian Foreign Minister Mohammad Javad Zarif via AP)
August 26, 2019 - 12:18 am
BIARRITZ, France (AP) — The Latest on the Group of Seven leaders' summit (all times local): 9:30 p.m. Taxes on tech giants and a French wine dispute are on the menu at a special dinner with top White House and French officials at the G-7 summit. A French official says French Finance Minister Bruno...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 26, 2019. Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what U.S. President Donald Trump might say next. (AP Photo/Ahn Young-joon)
August 25, 2019 - 10:22 pm
TOKYO (AP) — Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next. Japan's benchmark Nikkei 225 started plummeting as soon as trading began and stood at...
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President of the European Council Donald Tusk, clockwise from center front, Italian Prime Minister Giuseppe Conte, Japan Prime Minister Shinzo Abe, U.S. President Donald Trump, President of France Emmanuel Macron, German Chancellor Angela Merkel, Canadian Prime Minister Justin Trudeau, and British Prime Minister Boris Johnson take part in a working session with G7 leaders on the second day of the G-7 summit in Biarritz, France Sunday, Aug. 25, 2019. (Sean Kilpatrick/The Canadian Press via AP)
August 25, 2019 - 2:05 pm
BIARRITZ, France (AP) — Injecting fresh uncertainty at a time of global economic jitters, President Donald Trump sent mixed messages Sunday on the U.S.-China trade war as leaders at a global summit pushed the unpredictable American president to ease frictions over tariffs and cooperate on other...
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U.S. President Donald Trump, left, and Britain's Prime Minister Boris Johnson attend a working breakfast at the Hotel du Palais on the sidelines of the G-7 summit in Biarritz, France, Sunday, Aug. 25, 2019. (AP Photo/Andrew Harnik)
August 25, 2019 - 11:29 am
BIARRITZ, France (AP) — U.K. Prime Minister Boris Johnson acknowledged Sunday that the prospect of a Brexit deal was "touch and go," as other European Union capitals grasp the problems Britain has with the withdrawal agreement. Speaking on the sidelines of the Group of Seven summit, Johnson said...
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FILE - In this June 29, 2019, file photo, President Donald Trump, left, meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan. China has announced it will raise tariffs on $75 billion of U.S. products in retaliation for President Donald Trump's planned Sept. 1 duty increase in a war over trade and technology policy. (AP Photo/Susan Walsh, File)
August 25, 2019 - 4:23 am
BIARRITZ, France (AP) — President Donald Trump is threatening to use the emergency authority granted by a powerful but obscure federal law to make good on his tweeted "order" to U.S. businesses to cut ties in China amid a spiraling trade war between the two nations. China's announcement Friday that...
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U.S President Donald Trump and French President Emmanuel Macron greet each other at the G-7 summit before a dinner at the Lighthouse of Biarritz, France, Saturday, Aug. 24, 2019. (AP Photo/Andrew Harnik)
August 24, 2019 - 2:14 pm
BIARRITZ, France (AP) — Under the threatening clouds of a global economic slowdown, President Donald Trump is confronting the consequences of his preference to go it alone, with low expectations that the leaders of the richest democracies can make substantive progress on an array of issues at their...
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