Economic policy

September 13, 2019 - 3:10 am
BEIJING (AP) — China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, in a possible goodwill gesture ahead of negotiations. The Xinhua News Agency, citing unidentified official sources, said soybeans, pork and some other...
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September 13, 2019 - 2:45 am
BEIJING (AP) — A Chinese state news agency says U.S. soybeans, pork and some other farm products will be exempt from tariff hikes in a possible goodwill gesture ahead of trade negotiations next month. The official Xinhua News Agency announced the step Friday, citing unidentified official sources,...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. On Thursday, Sept. 12, the Treasury Department releases federal budget data for August. (AP Photo/Carolyn Kaster, File)
September 12, 2019 - 11:05 am
WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reports that the deficit for August totaled $200 billion, compared to $214 billion in...
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FILE - In this March 2, 2018 file photo, a worker cleans big machine parts of presses manufacturer Schüler AG in Goeppingen, Germany. German factory orders, a leading indicator of the health of Europe's biggest economy, dropped strongly in July, erasing gains from the previous month. The Federal Statistical Office reported Thursday industrial orders dropped 2.7% in July over June when adjusted for seasonal and calendar factors, wiping out a 2.7% June increase. (Marijan Murat/dpa via AP)
September 12, 2019 - 5:06 am
FRANKFURT, Germany (AP) — The European Central Bank on Thursday delivered a new blast of monetary stimulus to help the economy in the face of uncertainties like the U.S.-China trade conflict and Brexit. The central bank for the 19 countries that use the euro cut the rate on deposits it takes from...
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FILE - In this Oct. 27, 2018 file photo, President Donald Trump speaks to reporters in Indianapolis. An AP-NORC Center poll released on Thursday, Sept. 12, 2019, finds Americans are most unhappy with Trump on his handling of climate change. (AP Photo/Andrew Harnik)
September 12, 2019 - 5:02 am
WASHINGTON (AP) — President Donald Trump gets some of his worst marks from the American people when it comes to his handling of climate change, and majorities believe the planet is warming and support government actions that he has sometimes scoffed at. While the administration has rolled back...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Sept. 12, 2019. Asian shares were mixed Thursday after China moved to ease trade tensions. (AP Photo/Eugene Hoshiko)
September 12, 2019 - 4:11 am
BANGKOK (AP) — World stock markets rose cautiously Thursday as investors awaited the European Central Bank's decision on how much stimulus it will provide the economy. Sentiment also was brightened by hopes that China and the U.S. are moving to ease trade tensions. Germany's DAX edged 0.2% higher...
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September 12, 2019 - 3:30 am
BEIJING (AP) — China's government says its importers are inquiring about prices for American soybeans and pork in a possible goodwill gesture ahead of talks aimed at ending a tariff war with Washington. Thursday's statement came after President Donald Trump announced he would postpone a planned Oct...
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September 11, 2019 - 4:34 pm
WASHINGTON (AP) — President Donald Trump says the United States has agreed to a two-week delay in a planned increase in tariffs on some Chinese imports. Trump said on Twitter on Wednesday that the delay is "a gesture of good will." He says Chinese Vice Premier Liu He requested the delay "due to the...
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A party boat cruises over the river Main in Frankfurt, Germany, on a warm Saturday evening, Aug. 31, 2019. (AP Photo/Michael Probst)
September 11, 2019 - 8:22 am
FRANKFURT, Germany (AP) — The European Central Bank appears to be preparing a new shot of stimulus to prop up the economy, amid broader questions about whether central banks like the ECB and the U.S. Federal Reserve can re-energize global growth on their own. Analysts say the bank is likely to cut...
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President Donald Trump speaks at the 2019 National Historically Black Colleges and Universities Week Conference in Washington, Tuesday, Sept. 10, 2019. (AP Photo/Carolyn Kaster)
September 11, 2019 - 4:30 am
WASHINGTON (AP) — President Donald Trump says the U.S. is missing out economically because "Boneheads" at the Federal Reserve won't lower interest rates at his insistence. The Fed is meeting next week and is expected to trim its benchmark rate by another quarter point after cutting the rate for the...
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