Economic policy

FILE - In this Nov. 5, 2018, file photo, supporters of President Donald Trump wait for him to arrive to speak at a rally at Allen County War Memorial Coliseum, in Fort Wayne, Ind. Vice President Mike Pence has a favorite line when he introduces President Donald Trump at rallies. He says "it's been three years of promises made and promises kept” under Trump. Is it true? The Associated Press reviewed what's happened with Trump's key campaign promises. (AP Photo/Carolyn Kaster, File)
February 23, 2020 - 4:44 am
WASHINGTON (AP) — “It's been three years of promises made and promises kept, but we’re just getting started, (insert state here)." That line from Vice President Mike Pence is a hallmark of how he introduces President Donald Trump to campaign rally audiences. Last week, he delivered versions at...
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FILE - In this June 20, 2018 file photo, Catoctin Creek Distillery whiskey is on display in a tasting room in Purcellville, Va. American dairy farmers, distillers and drug makers have been eager to break into India, but it look like they'll have to wait. Indian is the world’s seventh-biggest economy but it's also a tough-to-penetrate colossus of 1.3 billion people. Trade talks between the Trump administration and New Delhi were intended to forge at least a modest deal in time for President Donald Trump’s visit to India that begins Monday. But the talks appear to have fizzled for now. It's important to remember that Trump and Indian Prime Minister Narendra Modi are fierce nationalists who favor protecting their own producers over opening their markets to foreign competition. (AP Photo/Steve Helber, File)
February 22, 2020 - 9:30 am
WASHINGTON (AP) — American dairy farmers, distillers and drugmakers have been eager to break into India, the world’s seventh-biggest economy but a tough-to-penetrate colossus of 1.3 billion people. Looks like they’ll have to wait. Talks between the Trump administration and New Delhi, intended to...
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FILE- In this Feb. 19, 2020, file photo, a monkey sits on a hoarding welcoming U.S. President Donald Trump ahead of his visit to Ahmedabad, India. A festive mood has enveloped Ahmedabad in India’s northwestern state of Gujarat ahead of Prime Minister Narendra Modi's meeting Monday with U.S. President Donald Trump, whom he's promised millions of adoring fans. The rally in Modi's home state may help replace his association with deadly anti-Muslim riots in 2002 that landed him with a U.S. travel ban. It may also distract Indians, at least temporarily, from a slumping economy and ongoing protests over a citizenship law that excludes Muslims, but also risks reopening old wounds. (AP Photo/Ajit Solanki, File)
February 22, 2020 - 2:37 am
AHMEDABAD, India (AP) — A festive mood has enveloped Ahmedabad in India’s northwestern state of Gujarat ahead of Prime Minister Narendra Modi's meeting there on Monday with President Donald Trump, whom he's promised millions of adoring fans. The rally in Modi's home state may help displace his...
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FILE - In this Sept. 10, 2019, file photo a John Deere tractor is on display at the Husker Harvest Days farm show in Grand Island, Neb. Deere & Co. reports earns on Thursday, Feb. 20, 2020. (AP Photo/Nati Harnik, File)
February 21, 2020 - 8:16 am
Deere had a surprisingly strong first quarter after an extended period in which it was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports...
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FILE - In this Feb. 5, 2020, file photo trader Ashley Lara works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 19. (AP Photo/Richard Drew, File)
February 19, 2020 - 10:53 pm
TOKYO (AP) — Shares were mixed Thursday in Asia after Wall Street recovered to record highs, with the Shanghai benchmark jumping nearly 2% after China's central bank cut interest rates to help ease credit for companies stricken by the virus outbreak centered on the city of Wuhan. Japan's benchmark...
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FILE - In this April 3, 2013 file photo, Washington Governor Jay Inslee speaks to workers in front of a Boeing 787 airplane during the grand opening of the new Boeing Everett Delivery Center in Everett, Wash. Washington state lawmakers announced Wednesday, Feb. 19, 2020 that they will introduce bills, at Boeing Co.'s request, to suspend the company's preferential business and occupation tax rate until there's a final determination from World Trade Organization regarding a long-running trade dispute. (Genna Martin/The Herald via AP, File)
February 19, 2020 - 2:32 pm
OLYMPIA, Wash. (AP) — Washington state lawmakers announced Wednesday they will introduce bills, at The Boeing Co.’s request, to suspend the aerospace giant's preferential business and occupation tax rate unless the United States and European Union reach an agreement on their long-running...
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FILE - In this Feb. 12, 2020, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington. On Wednesday, Feb. 19, the Federal Reserve releases minutes from its January meeting. (AP Photo/Susan Walsh, File)
February 19, 2020 - 12:46 pm
WASHINGTON (AP) — Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low level in the coming months. Fed...
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Mark Carney, Governor of the Bank of England attends the Bank of England's Monetary Policy Report news conference in the City of London, Thursday Jan. 30, 2020. The Bank of England on Thursday opted against cutting interest rates after a run of fairly firm economic data in the past week eased fears about a dramatic slowdown in the British economy. (Jonathan Brady/Pool via AP)
February 19, 2020 - 2:36 am
LONDON (AP) — Consumer price inflation in Britain jumped higher in January, official figures showed Wednesday, undermining the case for the central bank to cut interest rates as it had been expected to do. The annual inflation rate rose to 1.8% from 1.3% in December, the national statistics agency...
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A man takes a selfie with portraits of U.S. President Donald Trump and Indian Prime Minister Narendra Modi painted on a wall ahead of Trump's visit, in Ahmadabad, India, Tuesday, Feb. 18, 2020. Trump is scheduled to visit the city during his Feb. 24-25 India trip. (AP Photo/Ajit Solanki)
February 18, 2020 - 1:55 pm
WASHINGTON (AP) — President Donald Trump says that India Prime Minister Narendra Modi is expecting to turn out massive crowds for the president when he visits next week. Trump will be in the city of Ahmedabad in Gujarat to attend an event called “Namaste Trump,” which translates to “Greetings,...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 17, 2020. Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. (AP Photo/Vincent Yu)
February 16, 2020 - 8:30 pm
BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of...
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