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How U.S.-China trade war is pinching profits for Maine’s lobster industry
Trade tensions between the U.S. and China are not expected to ease anytime soon, and in New England, tariffs are clawing away at lobster profits. Lobstering is a $1.5 billion industry that helps keep Maine’s economy afloat. But due to…
Mexico plans border ‘unity’ rally amid tariff threat; arrests 2 migrant activists
President Andrés Manuel López Obrador announced a demonstration will be held Saturday to defend Mexico's "dignity" amid a looming threat from U.S. President Donald Trump, who has pledged to impose 5 percent tariffs on Mexican products unless the country prevents…
WATCH: Trump pledges $16 billion to farmers, markets buckle over trade impasse
President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute.
Trump lifts tariffs on Mexico and Canada after delaying auto tariffs
Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America's allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would…
In our news wrap Tuesday, Turkish authorities announced plans to search Saudi Arabia’s consulate in Istanbul, where Saudi journalist Jamal Khashoggi was last seen. Turkish officials believe Khashoggi was killed in the consulate, but the Saudi government denies it. Also,…
In our news wrap Wednesday, more than 200 migrants waited onboard a rescue ship in the Mediterranean hoping for a place to dock. Italy refused to accept the vessel, the second time that's happened this month. Also, the European Union…
In our news wrap Friday, the Trump administration hit China with punishing new tariffs, the latest escalation in a trade battle. Beijing immediately threatened to strike back with similar penalties on U.S. products. Also, a federal judge ordered former Trump…
A decade ago, Whirlpool controlled about half of the domestic washing machine market. But when things started going downhill, the company blamed unfair competition from foreign companies. In January, President Trump announced a big new tax on foreign washers. What…
Trump's announcement that the U.S. would impose heavy tariffs on imported steel and aluminum raised a fear of retaliation by America's trading partners.
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