International trade

File - In this Tuesday, March 5, 2019, file photo, an employee in protective clothing works with a steel pouring ladle during a guided media tour at the steel producer Salzgitter AG in Salzgitter. The German economy shrank by 0.1 percent in the second quarter from the previous quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Markus Schreiber)
August 15, 2019 - 8:06 pm
WASHINGTON (AP) — How fragile is the global economy? The U.S.-China trade war is weakening businesses in both countries, Germany's economy shrank in the second quarter, and Britain appears headed for a disruptive exit from the European Union this fall. Those trends have hammered American...
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FILE - In this April 24, 2019, file photo a Walmart associate works at a Walmart Neighborhood Market in Levittown, N.Y. Walmart Inc. reports financial results Thursday, Aug. 15. (AP Photo/Mark Lennihan, File)
August 15, 2019 - 10:46 am
NEW YORK (AP) — Walmart offered a dose of optimism amid growing concerns over weakening economic growth by raising its annual outlook after a strong second quarter. Sales at stores opened at least a year rose 2.8%, its 20th consecutive quarter in the right direction as the world's largest retailer...
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FILE - In this July 4, 2019, photo, Chinese magazines with front covers featuring Chinese President Xi Jinping and U.S. President Donald Trump on trade war are placed for sale at a roadside bookstand in Hong Kong. China on Thursday, Aug. 15, 2019 threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. (AP Photo/Andy Wong, File)
August 15, 2019 - 6:42 am
BEIJING (AP) — China on Thursday threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. Beijing will take unspecified "necessary countermeasures," the Cabinet said in a one-sentence statement...
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Policemen in riot gear stand on a street as they confront protesters in Hong Kong, Wednesday, Aug. 14, 2019. German Chancellor Angela Merkel is calling for a peaceful solution to the unrest in Hong Kong amid fears China could use force to quell pro-democracy protests. (AP Photo/Vincent Yu)
August 15, 2019 - 12:34 am
WASHINGTON (AP) — President Donald Trump suggested Wednesday that trade talks with China can wait until tensions in Hong Kong have eased, tweeting: "Of course China wants to make a deal. Let them work humanely with Hong Kong first!" Trump also praised Chinese President Xi Jinping, calling him a "...
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People watch a TV screen showing a live broadcast of South Korean President Moon Jae-in's speech during a ceremony to celebrate the Korean Liberation Day, marking the 74th anniversary of Korea's liberation from the Japanese colonial rule, at the Seoul Railway Station in Seoul, South Korea, Thursday, Aug. 15, 2019. The signs read: "Korean Liberation Day."(AP Photo/Ahn Young-joon)
August 14, 2019 - 10:08 pm
SEOUL, South Korea (AP) — South Korean President Moon Jae-in has offered an olive branch to Japan to end a tense trade dispute, saying Seoul will "gladly join hands" if Tokyo to accepts calls to resolve it through dialogue. Moon in a nationally televised speech on Thursday also downplayed the...
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FILE- In this Nov. 23, 2018, file photo shoppers walk through Dolphin Mall on Black Friday in Miami. Retailers and consumer product makers like American Textile may have received some short moment of reprieve after the Trump Administration delayed the 10% tariffs on some products which also include toys, clothing and shoes. (AP Photo/Lynne Sladky, File)
August 14, 2019 - 5:05 pm
NEW YORK (AP) — Retailers and consumer product makers may have received reprieve after the Trump administration delayed until Dec. 15 a 10% tariff on some consumer products. But trying to run a business when trade policy continues to shift almost daily is difficult and many say they're devoting so...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy’s is lowering its annual earnings guidance after the department store struggled through the second quarter and was forced to mark down prices. The department store said Wednesday, Aug. 14, 2019, a combination of factors including a fashion miss, slow sell-through of warm weather fashions and the accelerated decline in tourism caused rising inventory levels. (AP Photo/Bebeto Matthews, File)
August 14, 2019 - 12:54 pm
NEW YORK (AP) — Macy's lowered its annual earnings guidance after the department store struggled with a big earnings miss during the second quarter as it was forced to slash prices on unsold merchandise. The department store said Wednesday a combination of factors including a fashion miss, slow...
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FILE - In this file photo dated Wednesday, April 10, 2019, Britain's Chancellor of the Exchequer Philip Hammond in Downing Street in London. Hammond, who stepped down as Treasury chief before Boris Johnson became prime minister, has broken his silence on the new administration in an article published in The Times of London Wednesday Aug. 14, 2019, saying Britain is being pushed towards a no-deal Brexit by "unelected people". (AP Photo/Kirsty Wigglesworth, FILE)
August 14, 2019 - 10:00 am
LONDON (AP) — Britain's former top finance official accused Prime Minister Boris Johnson's Conservative government on Wednesday of steering the country toward a damaging no-deal Brexit that isn't backed by Parliament or British voters. Johnson, in turn, alleged that anti-Brexit U.K. politicians...
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FILE - In this Thursday, May 16, 2019 photo cars for export and import are stored in front of containers at the harbor in Bremerhaven, Germany. The German economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Martin Meissner, file)
August 14, 2019 - 5:44 am
FRANKFURT, Germany (AP) — The German economy shrank by 0.1 percent in the second quarter from the previous three-month period as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. The state statistics agency Destatis said Wednesday that falling exports...
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In this Aug. 9, 2019, photo, a man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Asian shares were mostly higher Wednesday, Aug. 14, 2019 after the U.S. said it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items typically on holiday shopping lists. (AP Photo/Eugene Hoshiko)
August 14, 2019 - 3:55 am
TOKYO (AP) — Global shares were mixed Wednesday after the U.S. said it would hold off on tariffs on Chinese imports of cellphones, toys and several other items typically on holiday shopping lists. France's CAC 40 slipped 0.3% to 5,346.57. Germany's DAX dipped 0.3% to 11,710.38. Britain's FTSE 100...
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