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AP Explains: Mideast tensions threaten key global oil route

The suspected attacks on two tankers near the Strait of Hormuz, between Iran and Oman, has renewed concerns about the vulnerability of world energy supplies to military tensions in a highly volatile region. About a fifth of all oil traded around the...

 

US gift to China questions enforcement of N. Korea sanctions

WASHINGTON (AP) — The meeting between acting Defense Secretary Patrick Shanahan and his Chinese counterpart began with all the hallmarks of a routine staged and scripted session between two uneasy rivals. First came the posed photo, as the two men...

 

AP FACT CHECK: Trump overstates benefits from Mexico tariffs

DETROIT (AP) — President Donald Trump is overstating the benefits of his threatened tariffs on automobiles and parts imported from Mexico while glossing over the likely harm to American consumers of substantially higher prices for new cars. In...

 

US-China trade war sparks worries about rare minerals

PHOENIX (AP) — Rising trade tensions between the U.S. and China have sparked worries about the 17 exotic-sounding rare earth minerals needed for high-tech products like robotics, drones and electric cars. China recently raised tariffs to 25% on...

 

AP FACT CHECK: Trump and the credit and blame game

WASHINGTON (AP) — The apportioning of credit and blame went awry in President Donald Trump's remarks over the past week. He hailed pristine air quality that isn't, placed responsibility on Mexico for the entire U.S. drug problem and told Puerto...

 

Mexico: Country has 'dignity intact' after US tariff deal

TIJUANA, Mexico (AP) — Mexican President Andrés Manuel López Obrador said he was reluctantly prepared to slap retaliatory tariffs on U.S. goods if negotiators in Washington had failed to strike a deal, addressing a boisterous celebratory rally Sa...

 

Mexico-US tariff deal: Questions, concerns for migration

MEXICO CITY (AP) — As Washington and Mexico City both took victory laps Saturday over a deal that headed off threatened tariffs on Mexican imports, it remained to be seen how effective it may be and migration experts raised concerns over what it...

 

Average US price of gas drops 9 cents per gallon to $2.84

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline dropped 9 cents per gallon (3.8 liters) over the past three weeks, to $2.84. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that lower crude oil prices...

 

Efforts to restrict foreign ownership of US farmland grow

CHAMPAIGN, Ill. (AP) — Foreign investors acquired at least 1.6 million acres of U.S. agricultural land in 2016, the largest increase in more than a decade, according to a review by the Midwest Center for Investigative Reporting of the latest...

 

Rural businesses get innovative as more baby boomers retire

THIEF RIVER FALLS, Minn. (AP) — Rural communities in Minnesota are scrambling to recruit and retain workers as baby boomers reach retirement age. Digi-Key, an electronic component distributor in Thief River Falls, is among the companies testing...

 

Raytheon, United Technologies to merge

WALTHAM, Mass. (AP) — Raytheon Co. and United Technologies Corp. are merging in a deal that creates one of the world's largest defense companies. The merger, announced Sunday, will close in the first half of 2020 after United Technologies...

 

Trump still hangs tariff threat over Mexico despite deal

STERLING, Va. (AP) — President Donald Trump on Sunday dangled the prospect of renewing his tariff threat against Mexico if the U.S. ally doesn't cooperate on border issues, while some of his Democratic challengers for the White House said the last-...

 

US and Mexico: More talks, no deal yet to avert tariffs

WASHINGTON (AP) — Ending a second day of tense negotiations, U.S. and Mexican officials failed Thursday to reach a deal to avert import tariffs that President Donald Trump is threatening to impose as he tries to strong-arm Mexico into stemming the...

 

US hiring slows amid trade rifts and weaker global economy

WASHINGTON (AP) — U.S. hiring stumbled in May as employers added just 75,000 jobs, a sign that businesses have become more cautious in the face of weaker global growth, widening trade conflicts and perhaps some difficulty finding enough workers. La...

 

The Latest: US employers added a weak 75,000 jobs in May

WASHINGTON (AP) — The Latest on the May U.S. jobs report (all times local): 8:30 a.m. U.S. hiring slowed in May as employers added just 75,000 jobs, a sign that businesses may have become more cautious in the face of slowing global growth, trade...

 

Lawyers spar over case blaming US policy for climate change

PORTLAND, Ore. (AP) — In a courtroom packed with environmental activists, federal judges wrestled Tuesday over whether climate change violates the rights of young people who have sued the U.S. government over the use of fossil fuels. A U.S. Justice...

 

Trump administration halts cruises to Cuba under new rules

WASHINGTON (AP) — The Trump administration on Tuesday ended the most popular forms of U.S. travel to Cuba, banning cruise ships and a heavily used category of educational travel in an attempt to cut off cash to the island's communist government. Cr...

 

Dow jumps over 500 points amid hopes of Fed rate cut

The Dow Jones Industrial Average jumped more than 500 points Tuesday as investors welcomed signs that the Federal Reserve may cut interest rates to help buttress U.S. economic growth in the face of escalating trade wars. Optimism about a resolution...

 

Trump-GOP split: Senators loudly oppose Mexico tariff threat

WASHINGTON (AP) — In a rare confrontation, Republican senators declared deep opposition Tuesday to President Donald Trump's threatened tariffs on all goods coming into the U.S. from Mexico. But it's unclear they have the votes to stop him, and...

 

Powell hints Fed will cut rates if needed over trade wars

WASHINGTON (AP) — Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond if it decides the Trump administration's trade conflicts are threatening the U.S. economy. Investors read his remarks as a signal that the Fed...

 

China blames US for trade dispute, says it won't back down

BEIJING (AP) — China issued a report Sunday blaming the United States for the countries' trade dispute and said it won't back down on "major issues of principle," but offered no clarification about what additional steps it might take to up the...

 

USDA says states can't block hemp transports

BOISE, Idaho (AP) — The U.S. Department of Agriculture says states can't block the interstate transportation of hemp, but law enforcement in Idaho says it won't follow those guidelines. Hemp doesn't get a person high, but it still contains trace...

 

Rains leave many Indiana farmers well behind in planting

KOKOMO, Ind. (AP) — Persistent wet weather has put many Indiana farmers well behind in getting their crops in the fields and has some wondering whether to even plant corn because it requires a longer growing season to reach maturity. Kent Chism,...

 

Trump gets pushback on promise of new Mexican tariffs

WASHINGTON (AP) — In a surprise announcement that could derail a major trade deal, President Donald Trump says he is placing a 5% tariff on all Mexican imports, effective June 10, to pressure the country to do more to crack down on the surge of...

 

Threat of Mexican tariffs, US companies in the crossfire

The surprise announcement by President Donald Trump of an escalating tariff regime against Mexico is sending ripples through almost every economic sector in the U.S., hammering American companies that sell automobiles or run railroads, grow...

 

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