Economic policy

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Aug. 6, 2019. Asian stocks followed Wall Street lower on Tuesday after China let its currency sink and halted purchases of U.S. farm goods, fueling fears Beijing's trade war with President Donald Trump will harm the global economy. (AP Photo/Lee Jin-man)
August 06, 2019 - 7:45 am
LONDON (AP) — Stock markets turned higher on Tuesday as China stabilized its currency after allowing it to depreciate against the dollar in response to President Donald Trump's decision to put more tariffs on Chinese goods. The more buoyant tone follows a big sell-off Monday, when stocks were...
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Vice President Mike Pence follows President Donald Trump as he walks off after speaking about the mass shootings in El Paso, Texas and Dayton, Ohio, in the Diplomatic Reception Room of the White House, Monday, Aug. 5, 2019, in Washington. (AP Photo/Evan Vucci)
August 05, 2019 - 11:23 pm
WASHINGTON (AP) — The Trump administration froze all Venezuelan government assets Monday in a dramatic escalation of tensions with Nicolás Maduro that places his socialist administration alongside a short list of adversaries from Cuba, North Korea, Syria and Iran that have been targeted by such...
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FILE - In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. China's yuan fell below the politically sensitive level of seven to the U.S. dollar on Monday, Aug. 5, 2019, possibly adding to trade tension with Washington. The currency weakened to 7.0177 in early trading following U.S. President Donald Trump's threat last week of tariff hikes on additional Chinese imports in a fight over Beijing's trade surplus and technology policies. (AP Photo/Kin Cheung, File)
August 05, 2019 - 7:00 pm
WASHINGTON (AP) — China decided Monday to meet President Donald Trump's latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S. farm products. The moves, which came four days after Trump threatened more taxes on Chinese imports, knocked stock...
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FILE - In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. The U.S. Treasury Department labeled China a currency manipulator Monday, Aug. 5, after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between the world's two biggest economies. (AP Photo/Kin Cheung, File)
August 05, 2019 - 6:42 pm
WASHINGTON (AP) — The U.S. Treasury Department labeled China a currency manipulator Monday after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between the world's two biggest economies. The decision, which came hours after President Donald Trump accused...
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Sung Yun-mo, South Korea's minister of Trade, Industry and Energy, speaks during a press conference at the government complex in Seoul, South Korea, Monday, Aug. 5, 2019. Sung said South Korea will spend 7.8 trillion won ($6.5 billion) over the next seven years to develop technologies for industrial materials and parts as it moves to reduce its dependence on Japan during an escalating trade row. The announcement came days after Japan's Cabinet approved the removal of South Korea from a list of countries with preferential trade status. (AP Photo/Ahn Young-joon)
August 05, 2019 - 7:26 am
SEOUL, South Korea (AP) — South Korea's president on Monday described the country's escalating trade war with Japan as a wake-up call to revamp its economy and issued a nationalistic call for economic cooperation with North Korea, which he said would allow the Koreas to erase Japan's economic...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 4:58 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Actor Danny Glover, right, and author Ta-Nehisi Coates, left, testify about reparation for the descendants of slaves during a hearing before the House Judiciary Subcommittee on the Constitution, Civil Rights and Civil Liberties, at the Capitol in Washington, Wednesday, June 19, 2019. (AP Photo/Pablo Martinez Monsivais)
June 19, 2019 - 1:19 pm
WASHINGTON (AP) — The debate over reparations for descendants of slaves catapulted from the campaign trail to Congress on Wednesday with an impassioned plea from actor Danny Glover and others for lawmakers to address compensation for America's blighted heritage of racism and Jim Crow laws. Glover,...
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President Donald Trump gestures as he leaves the White House in Washington, Thursday, Oct. 18, 2018. Trump is traveling to rally in Montana, Arizona and Nevada. (AP Photo/Manuel Balce Ceneta)
October 18, 2018 - 5:33 pm
WASHINGTON (AP) — President Donald Trump on Thursday lashed out over a caravan of Central American migrants trying to reach the United States, saying that if Mexico does not stop them, he will use the military to "CLOSE OUR SOUTHERN BORDER." Trump tweeted that he wanted "Mexico to stop this...
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President Donald Trump speaks during a campaign rally at the Landers Center Arena, Tuesday, Oct. 2, 2018, in Southaven, Miss. (AP Photo/Evan Vucci)
October 03, 2018 - 6:42 am
SOUTHAVEN, Miss. (AP) — President Donald Trump ignited a crowd at a campaign rally in Mississippi by mocking a woman who has claimed she was sexually assaulted by Supreme Court nominee Brett Kavanaugh decades ago. The audience laughed as Trump ran through a list of what he described as holes in...
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President Donald Trump gives a thumbs up to the media as he walks along the colonnade near the Rose Garden of the White House in Washington, Monday, Oct. 1, 2018. (AP Photo/Pablo Martinez Monsivais)
October 01, 2018 - 10:00 am
WASHINGTON (AP) — Canada is back in a revamped North American free trade deal with the United States and Mexico after weeks of bitter, high-pressure negotiations that brushed up against a midnight deadline. In a joint statement, U.S. Trade Representative Robert Lighthizer and Canadian Foreign...
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