Trade barriers

Treasury Secretary Steve Mnuchin testifies about the budget during a Financial Services and General Government subcommittee hearing, Wednesday May 15, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
May 15, 2019 - 1:49 pm
NEW YORK (AP) — Treasury Secretary Steven Mnuchin says the U.S. is making progress in talks with Canada and Mexico over steel tariffs, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries. Appearing before a Senate Appropriations subcommittee...
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A currency trader watches the computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 15, 2019. Asian stocks followed Wall Street higher on Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible.(AP Photo/Lee Jin-man)
May 15, 2019 - 7:55 am
BEIJING (AP) — Stock markets mostly turned lower in European trading Wednesday over the trade dispute between the U.S. and China, even though President Donald Trump said a settlement was still possible. London's FTSE 100 slipped 0.1% to 7,235 while France's CAC 40 shed 0.4% to 5,321. Despite a...
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Customers shop at a toy store in Beijing, Wednesday, May 15, 2019. For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. (AP Photo/Mark Schiefelbein)
May 15, 2019 - 6:46 am
BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing needs to boost stimulus spending and bank...
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May 14, 2019 - 2:14 pm
BISMARCK, N.D. (AP) — The escalating trade war between the U.S. and China is causing anxiety among rural farmers and bankers. Upper Midwest soybean farmer Jamie Beyer says these are days of "a little bit of panic." Minnesota agriculture lender Kent Thiesse (TEE'-see) says most farmers were able to...
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A worker at the imported beef section of a supermarket that used to carry U.S. products chats with another in Beijing on Tuesday, May 14, 2019. China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. (AP Photo/Ng Han Guan)
May 14, 2019 - 12:46 pm
BEIJING (AP) — U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to "fight to the finish" in an escalating trade battle that is fueling fears about damage to global economic growth. The U.S. Trade Representative's Office issued its target...
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Chinese investors react as they monitor stock prices at a brokerage house in Beijing, Tuesday, May 14, 2019. Shares opened moderately lower in Asia on Tuesday after a dismal day on Wall Street as investors fled uncertainty over the China-U.S. trade standoff. (AP Photo/Andy Wong)
May 14, 2019 - 6:43 am
BANGKOK (AP) — Shares rebounded in Europe on Tuesday after logging moderate losses in Asia as China and the U.S. ratcheted up their tariffs battle. The FTSE 100 in Britain surged 0.8% to 7,220.92, while France's CAC 40 advanced 1.1% to 5,319.22. Germany's DAX advanced 0.5% to 11,933.20. Futures...
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FILE - In this March 5, 2019, file photo, cargo containers are staged near cranes at the Port of Tacoma, in Tacoma, Wash. China has announced tariff hikes on $60 billion of U.S. goods in retaliation for President Donald Trump's escalation of a fight over technology and other trade disputes. The Finance Ministry said Monday, May 13, the penalty duties of 5% to 25% on hundreds of U.S. products including batteries, spinach and coffee take effect June 1. (AP Photo/Ted S. Warren, File)
May 13, 2019 - 9:35 pm
BEIJING (AP) — Sending Wall Street into a slide, China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. Duties of 5% to 25% will take effect on June 1 on about 5,200 American products, including...
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FILE - In this May 9, 2019, file photo a container ship is unloaded at the Virginia International Gateway terminal in Norfolk, Va. China has announced tariff hikes on $60 billion of U.S. goods in retaliation for President Donald Trump's escalation of a fight over technology and other trade disputes. The Finance Ministry said Monday, May 13, the penalty duties of 5% to 25% on hundreds of U.S. products including batteries, spinach and coffee take effect June 1. (AP Photo/Steve Helber, File)
May 13, 2019 - 7:34 pm
WASHINGTON (AP) — The Latest on the tariffs battle between China and the United States (all times local): 2:35 p.m. President Donald Trump says he's going to take further action to help the nation's farmers in the midst of an escalating trade war with China. Trump is telling reporters that China...
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FILE - In this May 9, 2019, file photo trader Jonathan Corpina works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, May 13. (AP Photo/Richard Drew, File)
May 13, 2019 - 5:31 pm
The Dow Jones Industrial Average plunged more than 600 points Monday as investors sought shelter from an escalating trade war between the U.S. and China. The selling was widespread and heavy, handing the benchmark S&P 500 index its biggest loss since January. The sell-off extended the market's...
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FILE - In this May 9, 2019, file photo trader Jonathan Corpina works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, May 13. (AP Photo/Richard Drew, File)
May 13, 2019 - 9:44 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are plunging at the open on Wall Street Monday after China announced retaliatory tariffs against goods from the United States. China plans tariff hikes on $60 billion of U.S. imports after the Trump...
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