Trade barriers

February 21, 2020 - 5:52 pm

Trump signals he's prepared to give farmers more federal aid

WASHINGTON (AP) — President Donald Trump signaled Friday that he’s prepared to tap federal coffers again to help farmers suffering from the tariff fights that he initiated. The Trump administration over the past two years has committed to providing farmers with $27 billion in assistance...
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Larry Krampe of Rome, Ky, left, talks with Bill Brey of Whitesville, Ky while the two stand next to a John Deere model 8345 R tractor on display inside the Owensboro Convention Center during the 46th annual Ag Expo, Wednesday, Jan. 29, 2020, in Owensboro, Ky. (Greg Eans/The Messenger-Inquirer via AP)
February 21, 2020 - 1:17 pm

Deere sees some stability on farms in bruising trade fight

Deere & Co. had a surprisingly strong first quarter after an extended period in which the tractor and construction equipment maker was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a...
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FILE - In this Sept. 10, 2019, file photo a John Deere tractor is on display at the Husker Harvest Days farm show in Grand Island, Neb. Deere & Co. reports earns on Thursday, Feb. 20, 2020. (AP Photo/Nati Harnik, File)
February 21, 2020 - 11:16 am

Deere sees some stability on farms in bruising trade fight

Deere had a surprisingly strong first quarter after an extended period in which it was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports...
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In this Feb. 20, 2020, photo, a worker sits at a production line at a microelectronics factory in Nantong in eastern China's Jiangsu Province. China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth. (Chinatopix via AP)
February 21, 2020 - 7:18 am

China suspends more penalties on US goods after trade truce

BEIJING (AP) — China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth. Financial markets have welcomed announcements by both sides of reductions in penalties on each other's...
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A man takes a selfie with portraits of U.S. President Donald Trump and Indian Prime Minister Narendra Modi painted on a wall ahead of Trump's visit, in Ahmadabad, India, Tuesday, Feb. 18, 2020. Trump is scheduled to visit the city during his Feb. 24-25 India trip. (AP Photo/Ajit Solanki)
February 18, 2020 - 4:55 pm

Trump says Modi expects massive crowds during India visit

WASHINGTON (AP) — President Donald Trump says that India Prime Minister Narendra Modi is expecting to turn out massive crowds for the president when he visits next week. Trump will be in the city of Ahmedabad in Gujarat to attend an event called “Namaste Trump,” which translates to “Greetings,...
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Venezuelan President Nicolas Maduro gives a press conference at Miraflores presidential palace in Caracas, Venezuela, Friday, Feb. 14, 2020. Maduro said Friday that authorities haven’t detained opposition leader Juan Guaido because the courts haven’t ordered it, but he warned: “It will come.” (AP Photo/Ariana Cubillos)
February 18, 2020 - 3:22 pm

US sanctions Russian oil trading firm for role in Venezuela

WASHINGTON (AP) — The Trump administration announced sanctions Tuesday on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an American oil embargo and enabled President Nicolas Maduro to keep his grip on power in the South American country. Administration...
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A man rides past a wall painted with portraits of U.S. President Donald Trump and Indian Prime Minister Narendra Modi ahead of Trump's visit, in Ahmadabad, India, Tuesday, Feb. 18, 2020. Trump is scheduled to visit the city during his Feb. 24-25 India trip. (AP Photo/Ajit Solanki)
February 18, 2020 - 10:30 am

India hastily builds wall along slum ahead of Trump visit

AHMEDABAD, India (AP) — A half-kilometer (1,640-foot) brick wall has been hastily erected in India's Gujarat state ahead of a visit by U.S. President Donald Trump, with critics saying it was built to block the view of a slum area inhabited by more than 2,000 people. “Since they are spending so much...
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FILE - In this Feb. 17, 2020, file photo, commuters ride in a quiet subway train during the morning rush hour in Beijing. As many Chinese finally go back to work after their longest Lunar New Year holiday ever, the economic fallout from the outbreak of a new coronavirus that began in Wuhan may be just beginning. Companies are warning their bottom lines will take a hit, and governments are ramping up stimulus measures for economies that just weeks ago were hoping to see recoveries after months of uncertainty due to trade tensions and slowing global growth. (AP Photo/Andy Wong, File)
February 18, 2020 - 6:46 am

China virus outbreak chilling recovery for Asian economies

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe. As many Chinese finally go back to work after their longest Lunar New Year...
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File---Picture taken October 4, 2017 shows containers on a cargo ship in Hamburg, Germany. (Axel Heimken/dpa via AP)
February 14, 2020 - 5:47 am

German economy stagnates in sign of Europe's difficulties

FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday. The flat reading underlines the challenge facing the broader eurozone economy as it struggles against...
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February 12, 2020 - 6:57 am

EU threatens trade sanctions against Cambodia over rights

BRUSSELS (AP) — The European Union is threatening to punish Cambodia with sanctions for what it sees as human rights and trade union violations. The EU Commission said it wants to withdraw key tariff preferences that amount to about one-fifth of the billion euros ($1.1 billion) the Asian nation...
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