Feb 05 U.S. trade deficit falls for 1st time in 6 years By Paul Wiseman, Associated Press The Commerce Department said Wednesday that the gap between what the United States sells and what it buys abroad fell 1.7% last year to $616.8 billion. Continue reading
Jan 16 Read the full U.S.-China ‘Phase 1’ trade agreement By Kevin Freking, Paul Wiseman, Associated Press The deal offers massive export opportunities for U.S. farms and factories and promises to do more to protect American trade secrets but leaves Washington's fundamental differences with Beijing unresolved. Continue reading
Jan 15 Watch 5:09 News Wrap: Virginia becomes 38th state to ratify Equal Rights Amendment In our news wrap Wednesday, Virginia became the crucial 38th state to ratify the 1972 Equal Rights Amendment, which bars discrimination on the basis of sex. Three-quarters of the states now approve the amendment. Also, Russia’s government abruptly resigned after… Continue watching
Jan 15 Watch 12:04 What Phase 1 of Trump’s China trade deal includes — and what it doesn’t After two years of escalating threats and tariffs, the U.S. and China have signed a trade deal. In what is known as Phase 1 of a larger agreement, Beijing pledged to increase purchases of U.S. goods, while U.S. tariffs remain… Continue watching
Jan 14 Watch 6:48 News Wrap: European leaders pressure Iran over nuclear deal In our news wrap Tuesday, European leaders took a major step in pressuring Iran to adhere to the 2015 nuclear deal. Germany, France and the United Kingdom triggered the deal’s official dispute process over Iran’s decision to no longer abide… Continue watching
Dec 31 Watch 6:56 News Wrap: Kim says North Korea ending moratorium on nuclear testing In our news wrap Tuesday, North Korean leader Kim Jong Un announced he is ending a moratorium on nuclear and long-range missile testing. He also said his military will soon unveil a new strategic weapon, and that his country will… Continue watching
Dec 13 Watch 6:39 News Wrap: After resounding victory, UK’s Boris Johnson calls for unity In our news wrap Friday, Prime Minister Boris Johnson called for unity after winning a resounding new mandate to carry out Brexit. His Conservatives captured a commanding majority in Parliament in Thursday’s election. Also, in Algeria, a former prime minister… Continue watching
Dec 13 Watch 6:37 Why U.S. and China are still ‘very far away’ from ending trade war On Friday, the Trump administration and China announced the first phase of a deal to de-escalate the trade war between the world’s two largest economies. But the agreement, positioned by the White House as a major victory, has prompted many… Continue watching
Dec 13 Markets have muted reaction to long-awaited China trade deal By Damian J. Troise, Associated Press After months of waiting, markets had a muted reaction to news that the US and China had reached an initial deal on trade. The agreement means that the US won't impose new tariffs on Chinese goods that had been set… Continue reading
Dec 13 U.S. and China reach ‘Phase 1’ trade deal By Joe McDonald, Paul Wiseman, Associated Press The U.S. is dropping plans to impose tariffs Sunday on $160 billion in Chinese imports and is reducing some existing tariffs on Chinese goods. Continue reading