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Government policy

April 24, 2018 - 6:18 pm

Trump says Mnuchin will travel to China amid trade dispute

WASHINGTON (AP) — President Donald Trump said Tuesday that Treasury Secretary Steven Mnuchin will soon travel to China for talks as the two global economic powers deal with trade tensions. Trump said during a White House news conference with French President Emmanuel Macron that Mnuchin will be...
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Jose Mata grinds a steel pipe at the Borusan Mannesmann plant in Baytown, Texas, Monday, April 23, 2018. President Donald Trump's escalating dispute with China over trade and technology is threatening jobs and profits in working-class communities where his "America First" agenda hit home. Without a waiver, Borusan Mannesmann Pipe may face tariffs of $25 million to $30 million annually if it imports steel tubing and casing from its parent company in Turkey, according to information the company provided to The Associated Press. (AP Photo/Loren Elliott)
April 24, 2018 - 12:57 am

Aimed at China, Trump's tariffs are hitting closer to home

WASHINGTON (AP) — President Donald Trump's escalating dispute with China over trade and technology is threatening jobs and profits in working-class communities where his "America First" agenda hit home. The Commerce Department has received more than 2,400 applications from companies seeking waivers...
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April 23, 2018 - 3:33 pm

Cynthia Nixon joins climate change march, rally

ALBANY, N.Y. (AP) — "Sex and the City" star and Democratic candidate for New York governor Cynthia Nixon joined hundreds of environmentalists Monday for a march and rally protesting incumbent Andrew Cuomo's climate change policies. Nixon chatted with demonstrators outside a state-owned power...
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European Commissioner for Trade Cecilia Malmstrom speaks during a media conference at EU headquarters in Brussels on Monday, April 23, 2018. EU Trade Commissioner Cecilia Malmstrom says that German Chancellor Angela Merkel and French President Emmanuel Macron will take a tough message to U.S. President Donald Trump and insist that the 28-nation bloc must be fully exempted from steel and aluminum tariffs and is ready to hit back with retaliatory measures as of next month if necessary. (AP Photo/Virginia Mayo)
April 23, 2018 - 9:36 am

EU trade chief says Merkel, Macron will push Trump on steel

BRUSSELS (AP) — The EU's trade chief said Monday that the bloc's two most powerful leaders will tell U.S. President Donald Trump to back off on plans to impose steel and aluminum tariffs when they visit Washington this week. French President Emmanuel Macron and German Chancellor Angela Merkel will...
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German Chancellor Angela Merkel, left, and Mexican President Enrique Pena Nieto chat as they tour the Hannover Messe fair where Mexico is this year's guest country in Hannover, northern Germany, Monday, April 23, 2018. (Julian Stratenschulte/dpa via AP)
April 23, 2018 - 7:35 am

Sweeping EU trade deal with Mexico seen as signal to US

BRUSSELS (AP) — The European Union says a sweeping new trade deal with Mexico is a signal to the rest of the world — including the Trump administration. EU trade commissioner Cecilia Malstrom said Monday that the preliminary deal, agreed on Saturday and to be finalized this year, is a "powerful...
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FILE - In this Thursday, Dec. 14, 2017 file photo, President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. Weaker signals from the economy and worries about a trade war between the United State and China mean the European Central Bank is in no hurry at all to start withdrawing its monetary stimulus efforts. And that means markets and consumers will have to live with central bank interest rates at zero and in some cases below for a good while yet. (AP Photo/Michael Probst, file)
April 23, 2018 - 5:11 am

Eurozone interest rates could stay frozen well into 2019

FRANKFURT, Germany (AP) — When will the European Central Bank join the U.S. Federal Reserve and start raising interest rates? This much is clear: It won't be soon. Weaker signals from the economy and worries about a possible trade war between the United State and China have left the top monetary...
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German chancellor Angela Merkel, left, and Mexico's President Enrique Pena Nieto, arrive for the opening of the Hannover Fair, in Hannover, Germany, Sunday, April 22, 2018. (Julian Stratenschulte/dpa via AP)
April 22, 2018 - 1:40 pm

Mexico's Pena Nieto optimistic on NAFTA overhaul talks

BERLIN (AP) — Mexico's president has said at a trade fair in Germany that he's optimistic about reaching a deal to overhaul the North American Free Trade Agreement. President Enrique Pena Nieto and German Chancellor Angela Merkel on Sunday opened the annual Hannover Messe fair, where Mexico is this...
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Treasury Secretary Steve Mnuchin speaks during a news conference at World Bank/IMF Spring Meetings, in Washington, Saturday, April 21, 2018. ( AP Photo/Jose Luis Magana)
April 22, 2018 - 1:37 am

Mnuchin expresses optimism trade standoffs can be resolved

WASHINGTON (AP) — The International Monetary Fund and the World Bank repeatedly warned at their meetings this week that intensifying trade tensions could jeopardize a healthy global economic expansion. But U.S. Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday that countries...
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April 21, 2018 - 7:01 pm

Mexico, EU reach deal to update trade agreement

MEXICO CITY (AP) — Mexico and the European Union reached a deal to update their nearly 20-year-old free trade agreement on Saturday, including the elimination of tariffs on a number of Mexican agricultural products. President Enrique Pena Nieto, who arrived in Hannover, Germany, in the afternoon to...
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International Monetary Fund (IMF) Governors gather for a group photo during World Bank/IMF Spring Meetings in Washington, Saturday, April 21, 2018. ( AP Photo/Jose Luis Magana)
April 21, 2018 - 4:18 pm

Mnuchin expresses optimism for resolution of trade fights

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday over efforts to resolve trade tensions that have rattled financial markets and clouded the global economic outlook. Mnuchin held a string of meetings over the past three days with financial officials from China...
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