Economic policy

U.S. Secretary of State Mike Pompeo speaks at an Economic Club of Detroit luncheon at Ford Field in Detroit, Monday, June 18, 2018. (AP Photo/Paul Sancya)
June 18, 2018 - 11:01 pm
WASHINGTON (AP) — The Latest on U.S.-China trade tensions (all times local): 10:40 p.m. China's Commerce Ministry is criticizing President Donald Trump's latest threat of tariffs on $200 billion worth of its exports, calling it an "act of extreme pressure and blackmail." Trump ordered the U.S...
Read More
President Donald Trump gestures as he signs a "Space Policy Directive" during a meeting of the National Space Council in the East Room of the White House, Monday, June 18, 2018, in Washington, as Vice President Mike Pence watches. AP Photo/Susan Walsh)
June 18, 2018 - 10:22 pm
WASHINGTON (AP) — President Donald Trump directed the U.S. Trade Representative to prepare new tariffs on $200 billion in Chinese imports on Monday as the two nations moved closer to a potential trade war. The tariffs, which Trump wants set at a 10 percent rate, would be the latest round of...
Read More
File - In this July 18, 2013, file photo, Mexico's former president Vicente Fox speaks during a news conference on the first day of the U.S.-Mexico Symposium on Legalization and Medical Use of Cannabis in San Francisco del Rincon, Mexico. Former Mexican President Vincente Fox calls himself a soldier in the global campaign to legalize marijuana, and he foresees a day when the marketplace will deliver an array of benefits from sharply reduced cartel violence in his home country to new jobs and medicines. He's taking a new post to advance his message on the board of High Times, one of the longstanding brands in cannabis media. (AP Photo/Mario Armas, File)
June 18, 2018 - 8:19 pm
LOS ANGELES (AP) — Former Mexico President Vicente Fox, who calls himself a soldier in the global campaign to legalize marijuana, is joining the board of directors of venerable cannabis publication High Times to advance his agenda. Speaking with The Associated Press about his views on cannabis and...
Read More
In this Tuesday, June 12, 2018, photo, trucks cross the Ambassador Bridge from Windsor, Ontario into Detroit. In nearly a quarter-century since NAFTA was approved, a complex chain of automotive parts makers has sprung up on both sides of the U.S.-Canada border. About 7,400 trucks cross the bridge between Detroit and Windsor every day, many laden with auto parts. (AP Photo/Paul Sancya)
June 18, 2018 - 1:31 pm
DETROIT (AP) — Every workday, about 7,400 trucks mostly loaded with automotive parts rumble across the Ambassador Bridge connecting Detroit and Canada, at times snarling traffic along the busy corridor. But if President Donald Trump delivers on threats to slap 25 percent tariffs on imported...
Read More
In this Tuesday, June 12, 2018, photo, trucks cross the Ambassador Bridge from Windsor, Ontario into Detroit. In nearly a quarter-century since NAFTA was approved, a complex chain of automotive parts makers has sprung up on both sides of the U.S.-Canada border. About 7,400 trucks cross the bridge between Detroit and Windsor every day, many laden with auto parts. (AP Photo/Paul Sancya)
June 18, 2018 - 12:46 pm
DETROIT (AP) — If President Donald Trump delivers on threats to slap 25 percent tariffs on imported automobiles and parts, experts say it will cut auto sales and cost jobs in the U.S., Canada and Mexico. Trump has asked the Commerce Department to study the tariffs on national security grounds,...
Read More
FILE- In this April 23, 2018, file photo, a worker installs vinyl siding on a new home in Auburn, N.H. On Monday, June 18, the National Association of Home Builders/Wells Fargo releases its June index of builder sentiment. (AP Photo/Charles Krupa, File)
June 18, 2018 - 10:38 am
NEW YORK (AP) — The threat of a trade war with Canada has taken a toll on the confidence of U.S. homebuilders, according to index released Monday. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell two points to 68 in June. A reading of 70 in May...
Read More
People stand by an electronic stock board of a securities firm in Tokyo, Monday, June 18, 2018. Asian shares were mostly lower Monday amid worries about trade tensions as the U.S. and China both started putting tariffs in motion. China and Hong Kong markets were closed for a national holiday. (AP Photo/Koji Sasahara)
June 18, 2018 - 7:41 am
SINGAPORE (AP) — Global stocks dropped Monday on concerns over trade as the U.S. and China scheduled the start of tariffs on each other's goods, and a row over migrants threatened the German government. Markets in China and Hong Kong were closed for a holiday. KEEPING SCORE: Germany's DAX lost 1.3...
Read More
June 18, 2018 - 5:06 am
BRUSSELS (AP) — The European Union has extended sanctions against Russia for a year over its annexation of Ukraine's Crimean Peninsula in 2014. The EU said in a statement on Monday that it "remains firmly committed to Ukraine's sovereignty and territorial integrity" and said that it continued to "...
Read More
European Trade Commissioner Cecilia Malmstrom speaks during a joint press conference with Australian Prime Minister Malcolm Turnbull at Parliament House in Canberra, Australia, Monday, June 18, 2018. Trade liberalization continues to have global momentum despite recent U.S. tariffs on steel and aluminum imports, Malmstrom said as she launched free trade negotiations between the European Union and Australia. (AP Photo/Rod McGuirk)
June 18, 2018 - 3:17 am
CANBERRA, Australia (AP) — Trade liberalization continues to have global momentum despite recent U.S. tariffs on steel and aluminum imports, the European trade commissioner said Monday as she launched free trade negotiations between the European Union and Australia. Trade Commissioner Cecilia...
Read More
A woman poses for a photo in front of a CT6 Cadillac during the Consumer Electronics Show Asia 2018 in Shanghai, China on Friday, June 15, 2018. President Donald Trump is hiking the price of Chinese-made forklift trucks and X-ray machines for American buyers. They are part of a $50 billion list of Chinese exports targeted for a 25 percent tariff hike in response to complaints Beijing steals or pressures foreign companies to hand over technology. (AP Photo/Sam McNeil)
June 15, 2018 - 10:32 pm
BEIJING (AP) — China fired back Saturday in a spiraling trade dispute with President Donald Trump by raising import duties on a $34 billion list of American goods including soybeans, electric cars and whiskey. The government said it was responding in "equal scale" to Trump's tariff hike on Chinese...
Read More

Pages