Trade barriers

FILE- In this Feb. 15, 2013, file photo, finished galvanized steel coils await shipment at ArcelorMittal Steel's hot dip galvanizing line in Cuyahoga Heights, Ohio. President Donald Trump’s tariffs are expected to raise prices for steel and aluminum in this country. That will help domestic producers and could create several hundred new steelworker jobs. (AP Photo/Mark Duncan, File)
March 16, 2018 - 4:48 pm
BRUSSELS (AP) — The European Union on Friday published a list of U.S. products it plans to introduce duties on if the 28-nation bloc is not exempted from President Donald Trump's steel and aluminum tariffs. The list contains dozens of products including breakfast foods, kitchenware, clothing and...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, March 16, 2018. Asian stocks were lower on Friday as caution prevailed while investors waited for more details on the U.S. plans to slap tariffs on Chinese imports and the latest developments on authorities’ investigation into Russia’s election interference. (AP Photo/Ahn Young-joon)
March 16, 2018 - 7:37 am
SEOUL, South Korea (AP) — Global stock markets were mixed Friday amid caution about U.S. plans to raise tariffs on imports of steel and aluminum and uncertainty over White House politics. KEEPING SCORE: Britain's FTSE 100 added 0.2 percent to 7,152 and France's CAC 40 edged up 0.2 percent to 5,277...
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FILE- In this Oct. 31, 2017, file photo, Tom Donohue, President and CEO, U.S. Chamber of Commerce, foreground, speaks as Treasury Secretary Steve Mnuchin, left, President Donald Trump, second from left, and Karen Kerrigan, President and CEO, Small Business & Entrepreneurship Council, listen during a meeting in Washington. The U.S. Chamber of Commerce is warning Trump against slapping big tariffs on Chinese imports. “Simply put, tariffs are damaging taxes on American consumers,’’ Donohue said in a statement. (AP Photo/Evan Vucci, File)
March 15, 2018 - 5:00 pm
WASHINGTON (AP) — America's largest business lobby is warning President Donald Trump against slapping big tariffs on Chinese imports. The U.S. Chamber of Commerce is sounding the alarm as the White House weighs whether to punish China for forcing U.S. companies to hand technology to Chinese...
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Specialist Robert Nelson, second left, works with traders on the floor of the New York Stock Exchange, Wednesday, March 14, 2018. U.S. stocks are edging lower Wednesday morning as Boeing and other industrial companies take losses. (AP Photo/Richard Drew)
March 14, 2018 - 12:15 pm
NEW YORK (AP) — U.S. stocks are sinking again Wednesday as investors' fears about tariffs and decreased international trade continue to hurt industrial companies. Banks are also falling as bond yields decline. Department stores and other retailers are losing ground after the Commerce Department...
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European Council President Donald Tusk pauses during his joint press conference with Finnish Prime Minister Juha Sipila in Helsinki, Finland, Wednesday, March 14, 2018. (Martti Kainulainen/Lehtikuva via AP)
March 14, 2018 - 11:11 am
BRUSSELS (AP) — European Union leader Donald Tusk urged U.S. President Donald Trump on Wednesday not to undermine the sides' longstanding trans-Atlantic ties by seeking economic gains through punishing trade tariffs. "Let me be clear: instead of risking a trade war, which he seems eager to wage, we...
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People walk past at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, March 13, 2018. Shares were mixed in Asia on Tuesday following a lackluster day on Wall Street. Investors are keeping a close eye on tensions over trade following President Donald Trump's announcement of hikes on steel and aluminum tariffs. (AP Photo/Eugene Hoshiko)
March 13, 2018 - 8:05 am
BANGKOK (AP) — Global stock markets were mixed Tuesday, with Wall Street set for a cautious open, as investors gauge how far countries could go in setting up barriers to trade. KEEPING SCORE: Britain's FTSE 100 was down 0.2 percent to 7,201 while the CAC 40 of France added 0.3 percent to 5,293...
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Spanish Economy, Industry and Competitiveness Minister Roman Escolano, center, speaks with European Commissioner for Economic and Financial Affairs Pierre Moscovici, center, and Italian Finance Minister Pier Carlo Padoan, right, during a meeting of the eurogroup at the EU Council building in Brussels on Monday, March 12, 2018. (AP Photo/Geert Vanden Wijngaert)
March 12, 2018 - 11:44 am
BRUSSELS (AP) — The European Union on Monday urged U.S. President Donald Trump not to head down "a dead end" road of protectionism and warned of a damaging trade war over his new steel and aluminum tariffs. At talks in Brussels, economy ministers underlined that the EU — the world's biggest trading...
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In this photo released by China's Xinhua News Agency, Chinese Minister of Commerce Zhong Shan speaks at a press conference in Beijing, Sunday, March 11, 2018. China says it will not initiate a "disastrous" trade war with the United States, but is vowing to defend its national interests in the face of growing American protectionism. (Li Xin/Xinhua via AP)
March 11, 2018 - 10:18 am
BEIJING (AP) — China said Sunday that it would not initiate a trade war with the United States, but vowed to defend its national interests in the face of growing American protectionism. "There are no winners in a trade war, and it would bring disaster to our two countries as well as the rest of the...
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European Commissioner for Trade Cecilia Malmstroem, center, Japanese Minister for Economy, Trade and Industry Hiroshige Seko, right, and U.S. Trade Representative Robert Lighthizer, pose for photographers prior to a meeting at EU headquarters in Brussels on Saturday, March 10, 2018. The EU is still seeking clarity from Washington about whether the 28-nation bloc will be exempt from U.S. President Donald Trump's steel and aluminum tariffs. (Stephanie Lecocq, Pool Photo via AP)
March 10, 2018 - 5:18 pm
BRUSSELS (AP) — The European Union and Japan pressed U.S. President Donald Trump's trade envoy Saturday to exempt them, as longtime U.S. allies, from upcoming steel tariffs that have sparked fears of a new trade war. But they appeared to win no quick concessions. EU Trade Commissioner Cecilia...
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March 10, 2018 - 12:12 am
SYDNEY (AP) — The U.S. appeared set to grant Australia an exemption from its new tariffs on steel and aluminum imports following discussions between President Donald Trump and Prime Minister Malcolm Turnbull. Trump this week exempted Canada and Mexico from the duties — 25 per cent on steel and 10...
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