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LATEST TRAFFIC ALERTS

Trade barriers

FILE- This Jan. 4, 2018, file photo shows the interior of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 22. (AP Photo/Mark Lennihan, File)
June 22, 2018 - 4:57 pm

US stocks finish mostly higher as energy companies climb

NEW YORK (AP) — Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week. U.S. crude futures jumped 4.6 percent after...
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In this Wednesday, June 20, 2018, photo, Catoctin Creek Distillery whiskey is on display in the tasting room in Purcellville, Va. The European Union on Friday will start taxing a range of U.S. imports, including Harley-Davidson bikes, cranberries, peanut butter, playing cards and whiskey. (AP Photo/Steve Helber)
June 22, 2018 - 3:23 pm

The Latest: Auto trade group decries Trump's tariff threat

WASHINGTON (AP) — The Latest on America's disputes with its trading partners (all times local): 3:05 p.m. A trade association representing a dozen automakers doing business in the United States says President Donald Trump's threat to slap 20 percent tariffs on vehicles imported from Europe is "not...
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Minister of Energy of the United Arab Emirates, UAE, Suhail Mohamed Al Mazrouei attend a news conference after a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Friday, June 22, 2018. (AP Photo/Ronald Zak)
June 22, 2018 - 2:57 pm

OPEC agrees to pump more oil but crude prices jump anyway

VIENNA (AP) — The countries of the OPEC cartel agreed on Friday to pump 1 million barrels more crude oil per day, a move that should help contain the recent rise in global energy prices. Questions remain, however, over the ability of some OPEC nations — Iran and Venezuela in particular — to...
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In this Wednesday, June 20, 2018, photo, Catoctin Creek Distillery whiskey is on display in the tasting room in Purcellville, Va. The European Union on Friday will start taxing a range of U.S. imports, including Harley-Davidson bikes, cranberries, peanut butter, playing cards and whiskey. (AP Photo/Steve Helber)
June 22, 2018 - 7:31 am

EU retaliatory tariffs on raft of US goods go into force

BRUSSELS (AP) — The European Union is enforcing tariffs on $3.4 billion in U.S. products as of Friday in retaliation to duties the Trump administration has put on European steel and aluminum. The goods targeted include typical American products like bourbon, peanut butter, and orange juice, in a...
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A Chinese investor monitors stock prices at a brokerage house in Beijing, Friday, June 22, 2018. Asian stocks fell Friday following Wall Street losses overnight as investors were still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs. (AP Photo/Mark Schiefelbein)
June 22, 2018 - 12:15 am

Asian stocks down as multiple trade disputes worry investors

SEOUL, South Korea (AP) — Asian stocks fell Friday following Wall Street losses overnight as investors were still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs. KEEPING SCORE: Japan's Nikkei 225 lost 0.9 percent...
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FILE - In this April 8, 2018 file photo, a container is loaded onto a cargo ship at a port in Qingdao in east China's Shandong province. China has accused the United States on Thursday, June 21, 2018, of using pressure tactics and blackmail in threatening to impose tariffs on hundreds of billions of dollars of Chinese imports. (Chinatopix via AP)
June 21, 2018 - 5:16 pm

Trump jabbed first, and now world hits back in trade fight

WASHINGTON (AP) — The United States attacked first, imposing tariffs on steel and aluminum from around the globe and threatening to hit tens of billions of dollars in Chinese products. Now, the world is punching back. The European Union is set Friday to slap tariffs on $3.4 billion in American...
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In this Wednesday, June 20, 2018, photo, Catoctin Creek Distillery whiskey is on display in the tasting room in Purcellville, Va. The European Union on Friday will start taxing a range of U.S. imports, including Harley-Davidson bikes, cranberries, peanut butter, playing cards and whiskey. (AP Photo/Steve Helber)
June 21, 2018 - 11:39 am

Tariffs stir unrest among American whiskey producers

LOUISVILLE, Ky. (AP) — Much of the rye whiskey aging in hundreds of barrels at Catoctin Creek Distillery in Virginia could end up being consumed in Europe, a market the 9-year-old distilling company has cultivated at considerable cost. But an escalating trade dispute has the distillery's co-founder...
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June 21, 2018 - 6:26 am

EU says tax on Harleys aimed to 'make noise' in trade debate

WELLINGTON, New Zealand (AP) — European Union Trade Commissioner Cecilia Malmstrom said Thursday that the grouping has targeted some iconic American imports like Harley-Davidson motorcycles and bourbon for tariffs in hopes that it will "make noise" and put pressure on U.S. leaders amid a trade...
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June 21, 2018 - 3:42 am

Germany's Daimler lowers 2018 outlook, cites tariffs, diesel

BERLIN (AP) — German automaker Daimler AG has lowered its 2018 earnings outlook, a change that it says is partly due to increased import tariffs for U.S. vehicles in China. The company said late Wednesday that it now sees fewer SUV sales and higher costs at its Mercedes-Benz Cars division than...
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FILE - In this April 8, 2018 file photo, a container is loaded onto a cargo ship at a port in Qingdao in east China's Shandong province. China has accused the United States on Thursday, June 21, 2018, of using pressure tactics and blackmail in threatening to impose tariffs on hundreds of billions of dollars of Chinese imports. (Chinatopix via AP)
June 21, 2018 - 3:23 am

China says US swinging 'big stick' of unfair trade tactics

BEIJING (AP) — China on Thursday accused the United States of using bullying tactics and blackmail in threatening to impose tariffs on hundreds of billions of dollars of Chinese imports, ramping up criticism that the measures levied in the name of balancing trade would harm both countries'...
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