Global stocks mixed after U.S. and China increase tariffs
U.S. stock and markets were closed for the Labor Day holiday, draining some of the energy from global trading. Benchmarks in London, Paris and Shanghai advanced. Tokyo and Hong Kong declined.
Watch 3:39
Trump defends China trade policy amid economic worries
President Trump on Tuesday acknowledged that he is considering cutting taxes, but said the idea is not in response to recession fears. During an Oval Office meeting with the president of Romania, Trump touted the strength of the economy and…
Watch 4:30
News Wrap: After oil tankers damaged in Persian Gulf, Trump warns Iran
In our news wrap Monday, three oil tankers were reportedly sabotaged in the Persian Gulf, with suspicions that Iran may have been involved. In response, President Trump said of Iran, “We’ll see what happens.....it would be a very bad mistake…
Watch 7:00
What Trump’s trade war with China means for American consumers
The trade war between the world’s two biggest economies is escalating, as China announced it will raise tariffs on $60 billion worth of U.S. imports, in response to tariffs President Trump levied Friday. Trump remained confident about the U.S. economy’s…
The decision to have Vice Premier Liu He take part in talks might keep alive hopes the two biggest global economies could make peace as early as this week.
The meetings are the latest in a rapid-fire series of exchanges seeking to end the conflict that is disrupting trade in goods from soybeans to medical equipment.
Increased soybean production in Brazil could cause up to 32 million acres of deforestation in the Amazon, more land than in New York state.
Beijing's longstanding policy of subsidizing its own businesses and charges that it illicitly obtains U.S. technology remain key obstacles.
In our news wrap Wednesday, Pakistan said it shot down two Indian warplanes and captured one pilot amid escalating tensions over Kashmir; India said it lost a single plane and pilot. Pakistan’s prime minister called for “dialogue” between the two…
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