Economic policy

May 20, 2018 - 9:59 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says efforts to renegotiate a trade agreement with Canada and Mexico could spill into next year. The Trump administration missed an informal deadline last Thursday that had been set by House Speaker Paul Ryan to get a revamped North American Free...
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White House chief economic adviser Larry Kudlow speaks during a television interview outside the West Wing of the White House, in Washington, Friday, May 18, 2018. (AP Photo/Carolyn Kaster)
May 20, 2018 - 12:27 am
WASHINGTON (AP) — The United States and China have agreed to take measures to "substantially reduce" America's massive trade deficit with China, but the Trump administration failed to get the Chinese to commit to a specific numerical goal. Still, the talks, which began Thursday and ended Saturday...
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White House chief economic adviser Larry Kudlow speaks during a television interview outside the West Wing of the White House, in Washington, Friday, May 18, 2018. (AP Photo/Carolyn Kaster)
May 19, 2018 - 5:47 pm
WASHINGTON (AP) — Just-ended U.S.-China trade talks produced a commitment by Beijing to "significantly increase" its purchases of American goods and services, according to a joint statement Saturday from the rival economic powers trying to lower trade tensions. They also agreed on "meaningful...
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FILE - This Aug. 15, 2012, file photo shows sorghum at a farm in Waukomis, Okla. As China-U.S. trade talks resume in Washington, China said Friday, May 18, 2018 it is dropping anti-dumping and anti subsidy investigations into imported U.S. sorghum, saying it is not in the public interest. (AP Photo/Sue Ogrocki, File)
May 18, 2018 - 4:18 pm
WASHINGTON (AP) — China is sending conciliatory signals as U.S. and Chinese negotiators meet in Washington to try to head off a trade war between the world's two biggest economies. Beijing has dropped an anti-dumping investigation into imported U.S. sorghum, which it had accused the United States...
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Speaker of the House Paul Ryan, R-Wis., promotes this year's renewal of the farm bill during a news conference on Capitol Hill in Washington, Thursday, May 17, 2018. GOP leaders have crafted the bill as a measure for tightening work and job training requirements for food stamps. (AP Photo/J. Scott Applewhite)
May 18, 2018 - 12:27 pm
WASHINGTON (AP) — In an embarrassment for House Republican leaders, conservatives on Friday scuttled a bill that combines stricter work and job training requirements for food stamp recipients with a renewal of farm subsidies popular in GOP-leaning farm country. Hard-right conservatives upset over...
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Speaker of the House Paul Ryan, R-Wis., arrives at the Capitol in Washington, Friday, May 18, 2018, as the conservative House Freedom Caucus threatens to hold up a final vote on the farm bill. Passage of the farm bill is a priority for GOP leaders, who are eager to pitch to voters its tougher work requirements for food stamps, a party priority that polls well with voters. (AP Photo/J. Scott Applewhite)
May 18, 2018 - 12:13 pm
WASHINGTON (AP) — The Latest on the House food and farm bill (all times local): 12:10 p.m. Conservatives rebuffed on immigration have sunk a bill that combined stricter work and job training requirements for food stamp recipients with a renewal of farm subsidies popular in Republican-leaning farm...
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Speaker of the House Paul Ryan, R-Wis., promotes this year's renewal of the farm bill during a news conference on Capitol Hill in Washington, Thursday, May 17, 2018. GOP leaders have crafted the bill as a measure for tightening work and job training requirements for food stamps. (AP Photo/J. Scott Applewhite)
May 17, 2018 - 8:32 pm
WASHINGTON (AP) — The U.S. sugar industry on Thursday won an easier-than-expected victory over food processors, soft drink manufacturers and candy makers trying to rewrite the government's much-criticized sugar program, a web of price supports, loans and tariffs that props up prices for the...
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May 17, 2018 - 10:58 am
MADRID (AP) — The foreign ministers of Spain and China say they want free trade and will fight protectionism amid disputes with the United States over possible tariffs. Chinese Foreign Minister Wang Yi said Thursday during a visit to Madrid that Beijing seeks to "maintain multilateralism and free...
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German Chancellor Angela Merkel, right, speaks with French President Emmanuel Macron, left, and British Prime Minister Theresa May after meeting at a hotel on the sidelines of an EU-Western Balkans summit in Sofia, Bulgaria, Thursday, May 17, 2018. (AP Photo/Darko Vojinovic)
May 17, 2018 - 10:32 am
SOFIA, Bulgaria (AP) — The European Union has called on U.S. President Donald Trump's administration to stop threatening it with tariffs on steel and aluminum, saying Thursday it is prepared to discuss new trade incentives. In March, Trump slapped tariffs of 25 percent on steel imports and 10...
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Malaysia's reformist icon Anwar Ibrahim, left, arrive with his wife Wan Azizah, right, at a rally in Petaling Jaya, Malaysia, Wednesday, May 16, 2018. Anwar has been freed from custody after receiving a pardon from the king, paving the way for a political comeback following his alliance's stunning election victory. (AP Photo/Vincent Thian)
May 17, 2018 - 4:47 am
KUALA LUMPUR, Malaysia (AP) — Pardoned Malaysian politician Anwar Ibrahim said Thursday that decades-old affirmative action policies for the country's Malay majority must be discarded in favor of a new program to help the poor regardless of race. In an interview with The Associated Press, the prime...
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